International Business University

Toronto, Canada • Founded 2020

Updated Sep 2026

Overview

Founded: 2020
Institution Type: University
Control Type: Private

International Business University (IBU) is a private, independent teaching university in downtown Toronto, Ontario, specializing in business and applied technology education.

It became the first independent university established under Ontario's ministerial consent framework when the Minister of Colleges and Universities granted consent in December 2020, following a quality review by the Postsecondary Education Quality Assessment Board (PEQAB), and it welcomed its first students in September 2021. As a Designated Learning Institution, IBU can host international students on Canadian study permits.

The university operates from its main campus at 655 Bay Street in downtown Toronto and maintains an additional site on Bank Street in Ottawa. Its academic portfolio is deliberately compact: three Honours Bachelor of Commerce majors (Business Management, Digital Sales and Marketing Management, and International Management and Technology), a Master of Business Administration offered across several on-campus and online specializations, and a Master of Science in Applied Artificial Intelligence with streams in Industrial Innovation and Data Engineering.

Each graduate specialization has been individually approved through Ontario's ministerial consent process.

Teaching follows a trimester calendar with Fall, Winter, and Summer semesters and emphasizes small, career-oriented, practice-based classes, and the university publishes transparent semester-by-semester tuition schedules alongside a range of entrance bursaries for domestic and international students. IBU's leadership includes Chancellor Dr. Feridun Hamdullahpur, former president of the University of Waterloo, and President and Vice-Chancellor Dr. Asima Vezina.

Location & Contact

Need to mail, call, or visit International Business University? Address, phone, and digital contact options below. Religious and cultural accommodation queries route through specific student services.

Address: 655 Bay Street, Suite 200, Toronto, Ontario, Canada M5G 2K4
Postal Code: M5G 2K4
Phone: +1-416-923-1111

Academic Details

Below are the institutional metrics for International Business University: scale, staffing balance, and accreditation context. These shape the academic experience more than headline rankings often suggest.

Academic Year: Trimester system with Fall, Winter, and Summer semesters
Admission Requirements: Undergraduate applicants need an Ontario Secondary School Diploma or equivalent with a minimum 70% average across six Grade 12 U or M courses, including Grade 12 English (U) and Grade 12 Mathematics (U); applicants educated outside Canada need equivalent secondary qualifications. The MBA requires an undergraduate degree from a recognized institution with a minimum B+ (or equivalent) average and at least two years of documented work experience; applicants without a business degree may be assigned two bridging courses. One English proficiency policy applies to all programs: IELTS Academic 6.0 (no band below 6.0), TOEFL iBT 83 (no section below 20), PTE Academic 60, Duolingo English Test 105, CAEL 70 (no band below 60), CELPIP 7 (no band below 7), or Cambridge C1 Advanced/C2 Proficiency 175 (no component below 170), among other accepted tests; four consecutive years of full-time study at an approved Canadian secondary school exempts the requirement.
Campus Setting: Urban

Programs Offered

International Business University's teaching programmes are listed below — search or scan by level. International student eligibility varies by programme — some require additional language or visa-pathway checks.

17 programmes on record. Each level below shows a sample. Compare these on the programs page All programs in Canada

Honours Degree 3 programmes

Master of Business Administration 11 programmes

Showing 10 of 11.

Master's Degree 3 programmes

How to apply to International Business University

A short guide to applying to International Business University — five steps covering the path from programme selection to confirmation of receipt.

  1. 1
    Identify the right programme

    International Business University's catalogue includes 17 programmes. Browse by level, identify candidates matching your prior qualifications, and note their entry requirements for the next step.

  2. 2
    Check entry requirements

    Entry requirements vary by programme and degree level. Verify academic minimums, language tests (if international), and any additional documents required for International Business University's admissions process.

  3. 3
    Prepare your application documents

    Typical documents include academic transcripts, identity proof (passport or national ID), language proficiency test scores, a personal statement or motivation letter, and recommendation letters. International applicants should account for translation and notarisation time.

  4. 4
    Submit via the institution

    Submit your completed application through International Business University's official website at www.ibu.ca. Most institutions use an online portal — register an account, complete the application form, and upload your prepared documents. Keep copies of all submissions and confirmation receipts.

  5. 5
    Get in touch with admissions

    Follow up to confirm your application was received and is being processed. Reach the institution by phone at +1-416-923-1111. Admissions teams may request interviews or additional documents — respond promptly to keep your application active.

Frequently Asked Questions about International Business University

Frequently asked questions about International Business University, covering the institutional basics most prospective applicants want to confirm first.

How old is International Business University?

The institution opened in 2020 (approximately 6 years ago).

What city is International Business University in?

International Business University operates from Toronto, Canada.

Is International Business University a public or private institution?

International Business University operates as a private institution.

What is International Business University's official website?

International Business University's official website is www.ibu.ca.

Top-Ranked Universities in Canada

Industry partnerships of Canada's top universities signal employer engagement at the apex of the system. Lower-ranked institutions including International Business University may still partner with strong employers locally.

Faculties at nearby universities

Beyond International Business University, the surrounding area hosts several universities with overlapping research strengths and faculty mixes. They are worth comparing if location flexibility matters to your decision and you want to keep options open within the same region.

Where Else to Study Business & Management

Foreign-language teaching requirements for Business & Management programmes vary across Canada. Some run entirely in the national language; others offer English-medium delivery for international students.

Universities Compared with International Business University

Universities at a similar tier to International Business University appear below, useful for cross-comparison on academic credentials. Comparable institutions often share faculty mobility patterns and external recognition signals.

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