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

Toronto, OntarioLOCATION
UniversitySCHOOL TYPE
Estd 1827Established Year
  88766Enrollment

Master of Finance [M.Fin]

 16 months
 full time
  English
 on campus
 Course Based

Field of Study

Offered by     Rotman School of Management

$ 50,832 

1st Year
Fees

International Student Tution

Check Detailed Fees

Program Description

  • The Master of Finance [M.Fin] at the University of Toronto is a full-time program offered for a duration of 16 months (4 sessions).
  • The Rotman M.Fin is currently ranked by the Financial Times as one of the top 22 programs in North America, and in the top 40 worldwide.
  • The University of Toronto also ranked 2nd in Maclean’s Top 10 in 2020 for business programs.
  • This innovative 20-month program features top-ranked faculty, cutting-edge curriculum, and dynamic connections to Bay Street.
  • As Canada’s leading business school, Rotman offers wide-ranging opportunities to accelerate students' careers and develop their leadership potential.
  • The Rotman Master of Finance community is committed to investing in the careers of female professionals in finance.
  • Offering coursework to fit the needs of the finance professional, MFin gives an unparalleled breadth and depth of financial knowledge. 
  • The faculty to student ratio for this program is 1:19.
  • The management faculty at Rotman is the largest in Canada and is ranked among the top twenty globally for business research.
  • 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 Analyst, Business Analyst, etc with an average salary of 47,199 USD per year.

Program Highlights

Degree Type Offered Master
Duration16 months
Fees$ 67,776 for 16 months
Delivery TypeFull Time
Admission Intake Fall (Deadline - Nov 13)
Language Proficiency IELTS,TOEFL
ExamsGMAT
Offered byRotman School of Management
Program Urlhttp://www.rotman.utoronto.ca/Degrees/MastersPrograms/MasterOfFinance

Eligibility & Entry Requirement

Academic Eligibility:

  • A bachelor’s degree from a regionally accredited institution or a comparable degree from an international institution is required.
  • In order to be eligible, students should have acquired a minimum undergraduate GPA of 3.00 on the equivalent of the last 60 semester hours (approximately two years of work).
  • Students must qualify 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 (Accounting, Finance, Marketing, etc) 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.
  • Tests Score statement: IELTS/TOEFL/PTE or other English proficiency testing results.


Application Deadline

Fall
Nov 13


Scores Required

7 / 9

Avg. Score in

IELTS

100 / 120

Avg. Score in

TOEFL

663 / 800

Avg. Score in

GMAT


Fees & Funding

Tution & Application Fees

YearYear 1Year 2
Tuition fees$50832$16944

Living Costs

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

Ranking

Academy Ranking of World Universities 2019

Ranked #9/ 200

Finance [ International ]


Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
Ontario Graduate Scholarship $10,847 Yes N/A
Forktip Women’s- Innovation Scholarship Variable Yes 30 Aug, 2020
JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
(ISC)² Women’s Cybersecurity Scholarships Variable Yes 19 Feb, 2021
FINCAD Women in Finance Scholarship $20,000 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
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 $2,000
    • 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.


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