International Business University (IBU) launches affordability-first BCOM (Honours) program amid rising student debt crisis in Canada.
-- TORONTO, ON, May 26, 2025 - As Canadian student debt continues to surge and tuition fees for business degrees exceed $40,000 at many institutions, a Toronto-based university is making headlines with a radically affordable alternative. International Business University (IBU) has announced a $9,600 Bachelor of Commerce (Honours) program, offered under its NextGen Bursary, designed to lower financial barriers while delivering accredited, career-focused education.
With only 30 seats available, the initiative signals a bold shift in the economics of higher education — one that favours inclusivity and return-on-investment over traditional pricing models.
Rising Tuition, Rising Pressure:
According to Statistics Canada, the average tuition for undergraduate business programs exceeds $9,000 per year, excluding ancillary fees and materials. With student debt now topping $22 billion nationally, affordability has become a defining issue in postsecondary education.
IBU’s new offering compresses a full four-year BCom (Honours) degree into a total tuition of $9,600 CAD, made possible through its internally funded NextGen Bursary. E-books and digital learning tools are included, and payment plans are spread over eight semesters at $1,200 each.
A Model Designed for Outcomes, Not Overheads:
The initiative reflects growing demand for “ROI education” — programs that align tightly with employability, skills gaps, and labour market needs. IBU’s curriculum was co-developed with Canadian business leaders and tech executives to prioritize real-world relevance.
Program highlights include:
- Two specializations: Business Management and International Management & Technology
- Small class sizes for direct faculty mentorship
- Career coaching and job placement support, from resume building to employer connections
- Downtown Toronto location, minutes from major finance, consulting, and tech hubs
Changing the Access Equation:
The NextGen Bursary targets three key demographics:
1. First-generation students entering postsecondary education
2. Working professionals seeking career advancement
3. Parents who value debt-conscious degree options for their children
The approach aligns with national calls to increase access to higher education for underserved communities, while also meeting employer demand for digitally literate, globally-minded business graduates.
Redefining the Graduate Pipeline:
IBU’s program feeds directly into roles that drive economic activity, including:
- Business Development Manager
- Global Markets Analyst
- Tech Sector Operations Lead
- Export/Import Strategist
- Consultant for International Business Firms
Through its applied learning model and industry-integrated projects, IBU is positioning graduates to contribute meaningfully from day one.
Applications for the September 2025 cohort close June 30. To learn more or apply, visit ibu.ca/bcom-nextgen.
Contact Info:
Name: IBU Admission Advisor
Email: Send Email
Organization: International Business University
Address: 80 Bloor Street West, Toronto, Ontario M5S 2V1, Canada
Phone: +1-416-923-1111
Website: https://ibu.ca/
Source: PressCable
Release ID: 89160824
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