is Canada a good option for management studies? or Australia is better?

Australia has been an area where management rules and number of top Bschools like University of Melbourne, Sydney University, University of new southwales have been established.
There are growing opportunity for bright students and they pay up significantly.
The clear edge over canada is that Australia, has limited competition and high success rate for jobs and Visa acceptance.
Though the cost of livibg is substantial, but the average salary of 1lac Australian dollars partially offsets it.
So go for Australia or New Zealand.

Canada or Australia! The answer depends upon a number of points.

B-schools

The top 3 b schools in Canada are:

University of Toronto -- Rank 35

University of British Columbia -- Rank 38

McGill University ---Rank 48

The top 3 b schools in Australia are:

University of Melbourne -- Rank 22

The University of New South Wales -- Rank 23

Monash University  -- Rank 31



The next part is application or your performance.

All these schools accept GMAT scores in  range of 650-750 for being considered as well as work experience and previous GPA.



I suggest, deciding the school depends more on being accepted by the school, course fee, scholarship/funding available to a large extent.

Read https://studyabroad.careers360.com/articles/mad-over-mba-aiming-at-stars to know about the last class profile of the class.



All the best.