Whatsapp WHATSAPP
GET FREE CONSULTATION

Tag: StudyAbroad

work part-time in canada

Balancing Work and Study: All about Part-Time Jobs for International Students in Canada

Posted on by Vijay Leave a Comment on Balancing Work and Study: All about Part-Time Jobs for International Students in Canada

Being an International Students in Canada, you will want to work part-time in canada and balance your academics hand-in-hand. But anyhow most people will find it difficult to cope with.

This blog will help you to know the ins and outs of working part-time in Canada while you spend most of your time studying and still make the most out of your time there.

When applying for full-time jobs after finishing your studies; internships and part-time jobs in Canada like teaching assistant, library assistant, and research assistant are promising methods to improve the appearance of your resume.

When you’re ready to enter the workforce, having relationships with people outside of your education will increase your chances of getting recommendations for which working part-time is highly suggested with which you can fill your pockets too!

Part-time Job Culture

Most of our conventional parents would be offended if we worked part-time. But, for most of the people growing up in developed nations like the US, Canada, and Australia, having part-time work to fund their schooling has been considered a rite of passage. It’s now time for you to participate in this culture and start working part-time jobs in Canada so that you can have a better budget and a better time while you’re a student.

Everything is pricey, as you’ll quickly discover after landing in Canada. However, as soon as you start earning money in dollars, the conversion concern dramatically lessens. The minimum pay for part-time employment in Canada is 15 CAD, but it varies from province to province. This means that if you perform a 20-hour workweek, you can expect to make about 300 CAD each week, which will significantly improve your quality of living while a student. It will assist you in learning how to manage your time effectively, balance multiple facets of student life, and become self-sufficient in Canada. You’ll get a taste of what it’s like to work in a brand-new setting with diverse influences.

In addition to the money, you will earn from a part-time job in Canada, the ecosystem is excellent for students because there are many options that can fit into your schedule that are available constantly. You can develop discipline and the necessary skill sets to grow in your professional life by learning to balance work and study.

Let’s explore the world of internships and part-time employment for international students in Canada.

Requirements to work part-time in Canada

1. A valid Study Permit

2. Social Insurance Number (SIN)

3. Must be a student of a Designated Learning Institution (DLI) enrolled in a full-time program that lasts at least 6 months to a degree or a diploma.

4. You can work when your program begins and stop when it ends.

Here are some key points to consider

Work Regulations: International students in Canada can work up to 20 hours per week during the academic session and full-time (up to 40 hours per week) during scheduled breaks, such as winter and summer vacations, without needing a separate work permit.

On-Campus Jobs: Many universities and colleges in Canada offer on-campus employment opportunities for students. These jobs are convenient as they are located on or near campus, making it easier to balance work and classes.

Off-Campus Jobs: You can also work off-campus if you have a valid study permit and meet certain eligibility criteria. The work must be related to your program of study, and you can find job listings on various websites and job boards.

Co-op and Internship Programs: Some institutions offer co-op and internship programs as part of your curriculum. These programs provide work experience directly related to your field of study and often come with academic credits.

Work-Study Programs: Some universities have work-study programs. It provides financial aid to students in need, allowing them to work part-time on campus. Students can also gain experience related to their studies.

Time Management: Balancing work and study requires effective time management. Create a schedule that allows you to allocate enough time for classes, assignments, and work commitments.

Financial Planning: Keep track of your expenses and budget carefully. This is to make sure you cover your tuition fees and living costs. Part-time work can help, but it’s important to manage your finances wisely.

Language Skills: Improving your English or French language skills can make you more competitive in the job market. Consider language courses or language exchange programs.

Networking: Building a professional network can be beneficial for your career. Attend career fairs, join student clubs or associations, and connect with professors and fellow students.

Work-Life Balance: Don’t forget to take care of your physical and mental well-being. Balancing work and study can be demanding, so make sure to schedule downtime and relaxation.

Part-time jobs can provide financial support and valuable experience. However, your focus as an international student should be on your studies. It’s essential to maintain good academic standing to make the most of your educational experience in Canada.

And, if you are aspiring to set up your overseas education in Canada, connect with CanApprove. Our education counsellors are here to help you in every possible aspect of your abroad education process.

Thanks for reading 😊

Masters in Finance

Canada – An Appropriate Destination to Study master’s in finance!

Posted on by Vijay Leave a Comment on Canada – An Appropriate Destination to Study master’s in finance!

Masters in Finance in Canada – All about international education

Finance is one of the crucial departments in every industry and business happening all around the world. Regardless of being an uncompromising department, masters in finance is also being operated as a unique domain (or industry) offering various career opportunities.

Since cash flow and monetary study are the crucial activities in the public and private financing sector, it is unavoidable that finance is one of the promising domains that never falls short of job opportunities.

If you are someone who is aspiring to become a financial professional, this blog is for you!

Hop-on…

Financial Studies in India

There are many institutions offering masters in financial studies in India. Studying finance in India offers many benefits but there are potential drawbacks as well, that one should be aware of. Here are some of the underlying cons of studying finance in India.

1. Limited Specialization

Indian universities may not offer the same level of specialization in finance as institutions abroad. You might find fewer niche courses and research opportunities.

2. Quality Variance

The quality of education can vary significantly among different Indian universities and colleges. Some may offer world-class programs, while others may lack proper infrastructure and faculty.

3. Competition

Finance is a popular field in India, leading to intense competition for admission into top-tier institutions. The entrance exams for these institutions can be highly competitive and stressful.

4. Outdated Curriculum

Some institutions may have outdated curricula that do not align with the rapidly changing finance industry. Staying up to date with global financial trends may require additional self-study.

5. Global Recognition

Depending on your career aspirations, a degree from an Indian institution may not have the same global recognition and value as one from a top international institution, which can limit your international career opportunities.

Having this many uncertainties is the obvious reason for students to fly abroad to pursue their financial education. When it comes to studying finance abroad, master’s in finance in Canada is the most appropriate topic to discuss.

A master’s degree in finance equips students with in-depth knowledge of financial markets and analytical methods. Graduates interested in careers in banking, corporate finance, risk management, and financial planning should consider taking an MS in Finance program.

Canada is the greatest choice for Indian students interested in obtaining a master’s degree in finance because of its robust and diverse economy. Canada is the best country to further your higher education because of its world-class universities, excellent education system, and friendly culture.

Why study master in finance in Canada?

Finance

Universities in Canada are well-positioned to offer the training and education required for a career in the financial industry. One of the most sought-after finance courses in Canada is the MS in Finance, or MFin, which is provided by the best institutions and colleges in the country in both full-time and part-time forms. Here are some reasons why Canada is the best country for you.

The majority of Canadian colleges and institutions offer an MSc in Finance program that focuses on imparting practical information and offers many opportunities to advance your career and maximize your potential. You can excel as a valuable decision-maker with the knowledge and skills that a master’s in finance degree gives you.

After completing the program, a master’s in finance degree from Canada might put you on a promising career path. Canadian colleges have strong ties to the business world, giving you access to a network of industry experts and assisting you in laying a solid career foundation.

Top institutions offering Masters in Finance in Canada

Canada has several prestigious universities that offer master’s in finance programs. Some of the top ones include,

1. University of Toronto

2. University of British Columbia

3. McGill University

4. University of Alberta

5. Queen’s University at Kingston

6. University of Waterloo

7. Université de Montréal

8. Western University

9. York University

10. University of Calgary

The above listed institutions will bestow you the best financial studies in Canada and root you to turn into a qualified financial specialist.

Career Opportunities after studying Masters in Finance in Canada

As explained earlier, you will have plenty of career opportunities after completing your masters in finance in Canada. However, the financial sector is ever expanding and evolving to various forms, it’s not just in India but the opportunities are widespread across the globe and some of the most sought-after job roles for graduate who completed masters in finance in Canada include,

1. Chartered Accountant or CA

2. Risk Manager

3. Budget Analyst

4. Financial Analyst

5. Market Research Analyst

Admission Requirements to study masters in finance in Canada

Admission requirements vary between universities to study masters in finance in Canada, but generally, you’ll need a bachelor’s degree in a related field, strong academic records, and English language proficiency (usually demonstrated through IELTS or TOEFL scores). Some universities may also require GMAT or GRE scores.

Curriculum of masters in finance in Canada

The curriculum will cover topics such as

1. Financial analysis

2. Investment management

3. Risk assessment

4. Financial modelling

You can also choose elective courses based on your interests.

Benefits

The benefits of studying masters in finance in Canada are plenty. A few to list include,

1. Quality of Life

2. Networking Opportunities

3. World-Class education

4. Globally Recognized Degree

5. Enormous Job Opportunities

6. PR pathways

Wrappin up…

If you are looking for a financial masters, it is immaculately the best time for you to start your Masters in Finance in Canada. CanApprove is here providing the industry best overseas education and immigration services for abroad aspirants since 1998. Get in touch with our overseas education coordinator right away!

FAQs

  1.    Will I have stay back options after completing Masters in Finance in Canada?

Yes. 2 year program in Canada will offer you a stay back of up to 3 years

  1. Will I get Scholarships in Canada?

It depends on your academic performance.If you meet the eligibility criteria of scholarships offered for foreign nationals, then it’s a green tick!

  1. How to process my finance in masters in Canada?

Connect with CanApprove. We have been maintaining professional ties to many of the reupted institutions in Canada. We will help you to set up your education in Canada.

proof of funds for canada student visa

Proof of Funds – All you need to know about funding your studies in Canada!

Posted on by Vijay Leave a Comment on Proof of Funds – All you need to know about funding your studies in Canada!

Proof of Funds – Overview

Is your intuition driving you to study abroad?
Canada! Canada undoubtedly is an appropriate place for you to study. The welcoming nature of the country, renowned institutions, globally acknowledged degrees, affordable tuition cost, and enjoyable livelihood. All these aspects make Canada a melting pot for international students to plan their higher education there.

But before planning, every student will look for the requirements that one is obliged to meet to study in Canada. One of the important requirements is the funding part. Be it any overseas education destination, financial capability is the first requirement to plan for international education.

Getting admission from a college or a university in Canada is not a hard nut to crack but filing for a visa and getting an approval have a whole lot of processes that must be immaculately carried out. Visa filing is the crucial part where the discretion of your approval lies in, and this is the phase where one’s financial capability is evaluated.

Documents for Proof of Fund

Let’s delve a bit into the funding part…

To prove your financial sufficiency for your Canadian education, you need to submit your proof of funds. This explains about your financial stature to realize your study in Canada.

What is Proof of Funds?

To make your academic visit to Canada hassle-free, you need to prep yourself financially. You must prove to the Canada immigration high commission that you are financially sound. This can be done by enclosing some of the important funding documents that are considered Proof of Funds.  This document explains you are financially sufficient and will not be facing any hurdles throughout your stay in Canada.

And Canada is very particular because immigrants and international students should be the form of sources that contribute to the economy of the country and should not become an economic burden instead.

Hence, an individual proven to have financial back up that suffices his or her stay in Canada including tuition fee, living cost and every other expense incurring in the country will be considered an eligible person and will get a blue tick by the Canadian immigration council.

Proof of Funds for my possession?

You may wonder ‘how much amount am I supposed to arrange for my Canada education?

  1. Students coming to Canada should have secured CAD 10,000, deposited it in a Canadian Bank like CIBC Bank, Scotia Bank or ICICI Bank and should have got a GIC (Guaranteed Investment Certificate) against the amount.
  2. If the student is accompanied by a family member, an additional CAD 4,000 should be included along with CAD 10,000
  3. For each additional family member, CAD 3,000 will be included.
Funds Required (in CAD) Belongs to
10,000 The primary applicant (Student)
4,000 1 accompanying family member
3,000 each additional member included

Note: All the particulars mentioned above are projected excluding the tuition fee. Tuition fee is subject to the discretion of the institution that admits you.

The proof of funds that can be enclosed along with the visa application include,

🍁Canadian Bank account and GIC certificate (as mentioned above)

🍁Proof of education loan (if availed)

🍁Bank Statements of last 6 months and then Bank Balance Statement

🍁Proof of Payment towards your Tuition Fee and Housing Rent

🍁Scholarship funds paid inside Canada or Funding documents of Canadian-funded educational program (if applicable)

🍁And any other funding documents applicable to substantiate your financial credibility

Accepted Documents for Proof of Funds

canada education

Some of the financial proofs accepted by the IRCC for Canada student visa application are as follows!

Bank Statement

The easiest way to provide proof of finances or financial support is through bank statements. Your local visa office may ask you to submit bank account statements. This could be done for a specified number of months prior to your application, either of your own bank account or those of your financial sponsor. Make sure the account is in your name if you plan to give bank account statements.

This evidence demonstrates that you have the resources necessary to cover your living and educational costs in Canada. As an alternative, it shows that someone is able to pay for your education and stay in Canada.

These statements may be scanned copies of the bank’s stamped and signed original statements. The original statement must include the duration required by the university of the visa consulate and be printed on the bank’s official letterhead.

Net Worth Certificate

Another important document to increase the financial credibility of your profile is your net worth certificate which substantiates the value of assets and properties you and your family own. This is obtained by approaching a Chartered Accountant who will value the worth of your movable assets and immovable assets and provide a consolidated certificate for your net worth. This can be enclosed along with other supporting documents in your visa application.

Loan Approval Letters

If a student needs money and has access to a bank loan, they must present a legitimate loan approval letter. This can be obtained from the bank that provided you with the loan. This letter, however, must state that the bank loaned you the stated sum in order for you to pursue further education in Canada.

This approval letter, like the bank statements stated before. It must be signed, stamped, and contain the bank’s official letterhead. The exact money to be disbursed should be listed in this letter, along with a commitment to do so.

Payment Receipts

Tuition fee payment receipts and housing bill payment receipts can be enclosed while filing for the visa. Those are the funding proof that will explain the immigration high commission that you are financially prepared for your Canada education.

Scholarship Letters

Students who might be eligible for scholarships from the education institution where they will be enrolled must submit a legitimate scholarship letter. This letter is available from the college or donor organization providing the scholarship. As evidence of their financial support, students who have received a Governmental Grant or Scholarship must present a copy of this as evidence of financial support.

Loan Capability Letters

Loan approval letters should not be confused with loan capability letters. These are given to students by banks and other financial institutions if they agree to lend them money as long as they are admitted to a foreign university.

Consider that you are submitting a loan capability certificate as evidence of your ability to support yourself financially in order to obtain a student visa for Canada. In that scenario, you must make sure it precisely specifies your name, your qualification for the loan, and the financial institution’s conditional pledge to extend the credit. This certificate must be stamped and signed on the business letterhead of the financial institution, much like other bank documents.

What not to do?

1. Not maintaining insufficient funds
Giving proof of funds that are less than the amount that approximates to CAD 40000 including tuition provides the idea that you will not be able to support yourself until finishing your study in Canada. Make sure to meet all funding requirements before filing for the visa!

2. Bulk Deposits
If you plan to deposit a sizable sum into your account and present it as evidence of your ability to support yourself financially when applying for a student visa in Canada, make sure the transfer has been finished at least couple of months beforehand.

3. Withdrawing the amount after obtaining the certificates
Don’t withdraw the funds just after obtaining necessary certificates like bank transaction statement and bank balance certificates. Your bank account might be cross verified and when it is found to have fallen short of funds, your application will be rejected as the visa officer clearly knows you have deposited the funds for the sake of records and certificates.

I hope this blog will be useful to you in a way or the other if you are planning for overseas education in Canada. For more valuable information, stay connected for our blog and newsletters.

We can make you realize your overseas education aspirations in Canada. Our 25 years of expertise in immigration and overseas education services has been helping thousands abroad aspirants study and relocate abroad. Get in touch with our immigration and overseas education counsellors who are just a click away!

Thanks for reading 😊

Studying in Canada

An Overview of Studying in Canada

Posted on by Vijay Leave a Comment on An Overview of Studying in Canada

Choosing to study in a foreign country is an exciting and adventurous journey. However, you might come across challenges. Alongside the challenges, you can experience and enjoy the benefits of studying abroad. An overview of studying in Canada will give you inisghts about being well organized, financially independent, and develop personal and professional growth.

International students mostly choose to study in countries such as Australia, Canada, Germany, The UK, The U.S., New Zealand, and many more. Among these countries, Canada is a great place to pursue higher education. Want to know why? Read on till the end to get an overview of studying in Canada.

Why Choose Canada?: 5 Reasons

You can choose to study in Canada for various factual and interesting reasons. Some of them are mentioned below.

1. Exemplary Education System

Canada is well known for its world-class education and academic standards. It offers a wide range of courses and programs when it comes to choosing your career path. Studying in Canada is also affordable and cost-effective.

2. A Scenic Place and a Secure Environment

Canada is a country filled with picturesque scenes, including the beautiful Rockies and the famous and breathtaking Niagara Falls. The country is visited by a huge crowd of tourists every year just to experience its beauty and its welcoming people. The Canadian Government ensures the protection of human rights, equality, and safety.

3. Great Quality of Life

Canada is the sixth-most peaceful country and one of the safest nations in the world. It offers a great standard of living, which attracts international students from developing countries. By studying in Canada, you will have the opportunity to experience a different lifestyle.

4. Excellent Employment Opportunities

Students who graduate from Canadian universities have a multitude of employment opportunities and well-paid job offers. International students can also work in Canada through the Post-Graduate Work Permit (PGWP) and work for up to 3 years after their studies.

5. Diverse Cultural Backgrounds

People with different cultural backgrounds have been migrating to Canada over the years. International students can enjoy the festivals of all ethnic groups. The whole country gets to celebrate festivals from all over the world to encourage and embrace all ethnicities. 

Benefits of Studying in Canada

Study in Canada

Canada always has something to offer its people! Read on to learn about an overview of studying in Canada.

Gain an Internationally Recognized Qualification

Most Universities in Canada have gained a reputation over the years. Studying at these universities as an international student helps you gain an internationally recognized qualification. Universities in Canada have managed to be on the list of the top 100 rankings of the best universities globally, according to the Time Higher Education World University Rankings. Here’s a list of the top universities in Canada, according to the QS World Rankings:

1. McGill University
2. University of British Columbia
3. University of Toronto
4. University of Alberta
5. University of Montreal

Scholarships from Top Universities

People from all over the world prefer pursuing higher studies in Canada because of its extraordinary education system. The Canadian Government and its top universities offer scholarships and bursaries to students who are willing to pursue higher education in Canada. Importantly, the cost of studying in Canada is lower than in other countries. As an international student, you will get a chance to explore a wide range of programs to choose from according to your field of study.

1. Develop a Vast Personal and Professional Network

One of the best things about studying in Canada is the opportunity to meet new people. Canada is filled with people from every corner of the world. You will gain experience by learning from industry experts, faculty, and tutors from different fields and backgrounds. By doing so, you will learn to be a global citizen. You can expand your connections worldwide and obtain learning outside your classroom.

2. Ensures Student Safety and Security

Canada is ranked as one of the safest and most peaceful countries to live in. The Government of Canada offers extreme attention to international students. Most universities in Canada have developed a special body to safeguard students, especially those from other countries. From health care to security, students can enjoy the privileges the Government of Canada provides them.

3. Immigration Opportunities

By studying abroad, the chances are higher that you will become a Canadian Permanent Resident. You will have the time to understand and espouse Canada’s culture, people, and way of life while you study there. You will also get a hold of the work culture in Canada. If you wish to be a permanent resident in Canada, Immigration, Refugees, and Citizenship Canada (IRCC) provides a way for you.

Intakes in Canada

Canadian Universities usually offer three intakes: the Fall intake, which starts in September; the Winter intake, which takes place in January; and the Summer intake, which happens in May. Out of these intakes, the fall intake is the most popular among overseas applicants.

These intakes are based on seasons, and the process of applying for semesters is done before the admission deadline. Are you baffled about which intake to choose? We’ve got you! Some of the factors that you should consider while choosing which intake you can enroll in are:

1. Your academic records
2. Entrance Test scores
3. Acceptance Rates
4. Availability of the program you chose
5. Job opportunities
6. Your interest in joining the program

How to Study?

If you’re planning to study in Canada, here’s a checklist of how you can apply to study there:

1. Select a program of your choice

Choosing a program that interests you is one of the most important factors when you’re planning to study in a foreign country. You must have a strong explanation of why you are choosing to study this particular program.

2. Apply to a Canadian Designated Learning Institution (DLI)

Once you have decided on what program you’re going to study, submit your application to the Designated Learning Institution (DLI) that you have chosen.

3. Apply for a study permit

A study permit is an official document issued by the government that allows students to legally study in a foreign country. Once you receive a letter of Acceptance from the DLI, CanApprove will help you submit your application to the Canadian government for a study permit.

4. Fly to Canada once your study permit is approved

You will not receive your Canadian study permit until you arrive at the Canadian Port of Entry (POE). Once your permit is approved, The Canadian Government will issue you a Port of Entry introduction letter. You will be asked to show this letter to the immigration officer once you arrive in Canada to get your study permit.

Wrap Up – An overview of studying in Canada!

Studying abroad is exciting and challenging. It gives you a chance to explore new horizons, especially when it comes to your career. Choosing Canada to study is a wise decision. International students choose Canada because of its affordability, standard of living, multiple opportunities—you name it!

And if you’re planning to study abroad and looking to study in Canada, CanApprove is at your service! We contain a team of the best education consultants in Canada who ensure a flawless application and impeccable documentation process. We will guide you through the whole process, right from filling out your application until you settle in Canada. Talk to our experts at CanApprove! We’d love to hear from you!

FAQs

1. Is studying in Canada a good option?

Canada is absolutely a great option if you’re planning to study abroad. Some of the factors that make Canada stand out from the crowd are affordability, standard of living, health facilities, multiculturalism, and many more.

2. Is it easy to get a job in Canada while studying?

International students in Canada with a study permit who are enrolled full-time in a Designated Learning Institution (DLI) can work off campus without a work permit.

3. How much of an IELTS score is required for a scholarship in Canada?

To get a scholarship in Canada, you must score a 6.5 in IELTS.

Enquire Now Call Now