Get $150 Scholarship!

UNIVERSITY OF TORONTO - [UOFT], TORONTO, ONTARIO - PROGRAMS

Toronto, OntarioLOCATION
UniversitySCHOOL TYPE
Estd 1827Established Year
  88766Enrollment

Master (Financial Economics)

 16 months
 full time
  English
 on campus
 Course Based

Field of Study

Offered by     School of Graduate Studies, University of Toronto

$ 41,242 

1st Year
Fees

International Student Tution

Check Detailed Fees

Program Description

  • Masters in Financial Economics at the University of Toronto is offered a 16 months (4 sessions) program.
  • This course is offered on a full-time basis.
  • The University of Toronto also ranked 2nd in Maclean’s Top 10 in 2020 for business programs.
  • Students must complete intensive mathematics, statistics, and accounting review, 6.0 full-course equivalents (FCEs) or 12 half courses, and a four-month summer internship.
  • This program provides a broad understanding of financial theory and the economic framework upon which that theory is based. 
  • The faculty and student ratio for this program is 1:19.
  • The Full-Time Financial Economics Program has approximately 350 spaces for the September 2020 start.
  • Students can apply for scholarship programs initiated by the Government of Canada up to 40,664 USD per year.
  • Students may have job opportunities as Financial Examiners, Business Analyst, etc with an average salary of 47,199 USD per year.

Program Highlights

Degree Type Offered Master
Duration16 months
Fees$ 52,029 for 16 months
Delivery TypeFull Time
Admission Intake Fall (Deadline - Mar 01)
Language Proficiency IELTS,TOEFL
ExamsGMAT
Offered by School of Graduate Studies, University of Toronto
Program Urlhttps://sgs.calendar.utoronto.ca/financial-economics-financial-economics-mfe

Eligibility & Entry Requirement

Academic Eligibility:

  • A bachelor’s degree, with a final-year average of at least mid-B from a recognized university.
  • Minimum grade point average (GPA) of 3.00/4.00 which is equal to 7.0/10 to 7.4/10 CGPA or 70%.
  • Completion of 2.0 graduate full-course equivalents (FCEs) from the Department of Economics.
  • Evidence of strong communication skills, both oral and written.
  • Tests must have been taken within the last 24 months at the time of submission of their application.
  • Students must be qualified in IELTS or TOEFL and GMAT to get admission in this program.

Indian Student Eligibility:

Indian students are eligible to apply if they meet one of the following eligibility criteria:

  • Completed a 4-year UG degree with first class in a relevant field from a recognized institution.
  • Completed a master’s degree with first-class in a relevant field from a recognized institution.


Required Document List

The Documents required are:

  • College Transcripts: The marks statement provided by the education board after completion of the previous academic qualifications.
  • Financial Documentation: The Proof that shows the financial background of the student.
  • Letter of Recommendation: This shows who recommended the student to pursue the degree.
  • Statement of Purpose: This is an essay or any written statement written by the student while applying.
  • Resume/CV: This provides a summary of the experience and skills of the student.
  • Tests Score statement: IELTS/TOEFL/PTE or other English proficiency testing results.


    Application Deadline

    Fall
    Mar 01


    Scores Required

    6.5 / 9

    Avg. Score in

    IELTS

    93 / 120

    Avg. Score in

    TOEFL

    663 / 800

    Avg. Score in

    GMAT


    Fees & Funding

    Tution & Application Fees

    YearYear 1Year 2
    Tuition fees$41242$10310
    Health insurance$477-
    Total fees$41719$10310

    Living Costs

    HeadAvg Cost Per Year
    Housing$ 3,700
    Food$ 2,775
    Transportation$ 980

    Ranking

    Academy Ranking of World Universities 2020

    Ranked #24/ 500

    Economics [ International ]


    Scholarship Grants & Financial Aids

    NameAmountInternational Students EligibleApplication Deadline
    Ontario Graduate Scholarship $10,847 Yes N/A
    Ellis R. Ott Scholarship for Applied Statistics and Quality Management Variable Yes 01 Apr, 2020
    Ontario Graduate Fellowship $8,459 Yes N/A
    Collegedunia $150 Scholarship Program $150 Yes N/A
    BrokerFish International student scholarship $1,000 Yes 21 Dec, 2020
    Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
    Aga khan Foundation Scholarships Variable Yes 31 Mar, 2020
    Go Clean Scholarship $3,500 Yes 31 Dec, 2020
    VueVille Future Technology Scholarship $1,000 Yes 30 Sep, 2020
    Bharat Petroleum Scholarship 2020 Variable Yes N/A
    Paul Foundation scholarships $20,174 Yes N/A
    JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
    Forktip Women’s- Innovation Scholarship Variable Yes 30 Aug, 2020
    (ISC)² Women’s Cybersecurity Scholarships Variable Yes 19 Feb, 2021
    FINCAD Women in Finance Scholarship $20,000 Yes N/A
    Show More

    VISA & Work Study

    VISA

    • International Students will need to apply for a valid Student VISA before entering Canada.
    • An immigration document that allows students to live and study in Canada.
    • They must have a student visa to enroll in any degree, program or course that takes more than 6 months to complete.
    • Whether students also need an Entry Visa depends on their country of citizenship.
    • The Temporary Resident Visa (Entry Visa) is a stamp placed on their passport that allows them to enter Canada.
    • A visa is usually valid for the length of the student’s study program, plus an extra 90 days. 
    • The students need these documents to apply for a student VISA:
      • Proof of acceptance i.e The offer letter that the student received from the university.
      • Proof of identity 
      • Proof of financial support i.e Documents showing the financial status.

    Work Study

    • Both full-time and part-time students can avail of work while studying in Canada options.
    • A student can be hired for only one Work-Study position. Students can find and apply for jobs on Career Exploration and Education website.
    • Student eligibility for the Work-Study Program is based upon students meeting this criterion:
      • Have proof of a government student aid package of at least 1,500 USD
      • Be registered at the University of Toronto as a full-time undergraduate or graduate student in both terms
      • Have achieved a satisfactory academic standing with a minimum 2.0 institutional grade point average in their previous academic session
    • The Work-Study Program gives the student a chance to work On-campus if the student is a full-time student:
      • Work Part-time during the academic year to earn around 2,250 USD
      • Work Full time during the summer months to earn close to 4,500 UDS
    • The students can work up to 20 hours per week off-campus or on-campus during regular breaks.

    Career and Placement after Course

    Job profiles after completing this program:

    • Financial Examiner
    • Budget Analyst
    • Personal Financial Advisor
    • Financial Analyst



    Apply Now DOWNLOAD BROCHURE  
    INTERESTED IN THIS COLLEGE ?
    Get free counselling

    Follow & Share this college to get information about admission

    AFFILIATED COLLEGES
    FACULTY, SCHOOLS AND CAMPUSES
    COLLEGES IN ONTARIO, CANADA
    Algoma University Sault Ste. Marie, Ontario
    Carleton University Ottawa, Ontario
    OCAD University Toronto, Ontario
    University of Waterloo Waterloo, Ontario
    University of Windsor Windsor, Ontario
    NEAREST RANKED COLLEGES
    McGill University , Montreal Avg Fee: $13.58K/Yr 6.6
    University of British Columbia , Vancouver Avg Fee: $29.39K/Yr 6.7
    Simon Fraser University , Burnaby Avg Fee: $21.17K/Yr 4.8
    McMaster University , Hamilton Avg Fee: $24.28K/Yr 5.5
    University of Ottawa , Ottawa Avg Fee: $18.08K/Yr 4.7
    Carleton University , Ottawa Avg Fee: $21.14K/Yr 4.2
    University of Montreal , Montreal Avg Fee: $19.6K/Yr 6
    University of Alberta , Edmonton Avg Fee: $16.03K/Yr 5.7
    University of Calgary , Calgary Avg Fee: $13.75K/Yr 5.4
    University of Waterloo , Waterloo Avg Fee: $26.48K/Yr 5.3