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Victoria, British ColumbiaLOCATION
Estd 1963Established Year

Master of Arts [M.A] (Economics)

 2 years
 full time
 co op & on campus

Field of Study

$ 3,730 

1st Year

International Student Tution

Check Detailed Fees

Program Description

  • Masters in Economics at the University of Victoria is offered as a 24-month program.
  • The University of Victoria also ranked 2nd in Maclean’s top Canadian Comprehensive Universities 2019.
  • University provides a flexible MA program can be completed in a minimum of 12 months (without co-op).
  • Some of the main courses that students go through in this program are:
    • Macroeconomic Analysis
    • Public Finance and Fiscal Policy
    • Advanced Topics in Labour Economics
    • Advanced Topics in Econometrics
    • The Econometrics of Cross-Section Data
  • It’s a way of thinking and a set of powerful quantitative and analytic tools that help students understand the impact of the decisions made every day.
  • Department of Economics focuses on essential issues like poverty, climate change, housing markets, financial crises, immigration, health care, and much more.
  • Faculty are exploring topics such as doping in sports, ticket sales and resale markets, and the intergenerational impacts of residential schools.
  • University provides financial assistance assessed automatically for each applicant.
  • This program’s Co-op option offers paid employment experience in government and industry.
  • Co-op Students alternate their academic studies with paid, relevant work experience in the field of study.
  • Students can enrich their academic studies by drawing on practical, real-world experience from the work terms.
  • this is one of the department which has 33 regular faculty members including three Canada Research Chairs.
  • This department has over 100 graduate students and the Male to female ratio is 57:43.
  • Students may have job opportunities as a
    • Data Analyst
    • Economist, etc with an average salary of 41,772 USD per year.

Program Highlights

Degree Type Offered Master
Duration2 years
Fees$ 7,856 for 2 years
Delivery TypeFull Time
Admission Intake Fall (Deadline - Feb 15)
Language Proficiency TOEFL,IELTS,MELAB
Program Url

Eligibility & Entry Requirement

Academic Eligibility:

  • Hold a bachelor's degree or equivalent from a recognized institution
  • The degree must be with at least a "B" (5.0) average in the last two years (or the equivalent of 30 UVic units) leading to the degree.
  • Submit official transcripts from all post-secondary institutions attended, indicating any graded coursework completed and any degrees awarded and the date they were conferred.
  • Be sufficiently well prepared in mathematics and statistics as well as written and verbal communication.

Work Experience Eligibility:

  • Applicants with 3-year degrees may be considered for admission with one year of work experience.
  • Students do not require any kind of work experience for this program.


  • Students without related academic experience or work experience students should have also encouraged to apply, given they have following requirement:
  • An overall average of at least 70% is required in any BA program.

Indian Student Eligibility:

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

  • Completed of both a Bachelor’s (3 years) degree and a Master’s degree.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.

The above requirements are the minimum requirements and do not guarantee admission. The admissions committee will consider all evidence in the file and decide.

Required Document List

Following Documents are required to attend this program:

  • Statement of Purpose: An essay or other written statement written by the student.
  • Resume/CV: Outline of academic achievements and/or awards, publications, relevant work and/or volunteer experience.
  • Academic Documents: Submit copies of official transcripts from post-secondary institutions attended.
  • Sample of written work: Students has to write something interesting as their sample essay in the application form.
  • Statement of Interest: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Two confidential letters of recommendation: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Proof that students have enough money to support themselves during their stay in Canada.
  • Letters of reference or any other documents the visa office tell students to bring.

Application Deadline

Feb 15

Scores Required

90 / 120

Avg. Score in


6.5 / 9

Avg. Score in


90 / 99

Avg. Score in


317 / 340

Avg. Score in


Fees & Funding

Tution & Application Fees

YearYear 1Year 2
Tuition fees$3730$3730
Health insurance$198$198
Total fees$3928$3928

Living Costs

HeadAvg Cost Per Year
Housing and food$ 8,275
Transportation$ 121


Times Higher Education 2020

Ranked #301/ 501

Economics [ International ]

Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
Bharat Petroleum Scholarship 2020 Variable Yes N/A
Paul Foundation scholarships $20,174 Yes N/A
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
Ellis R. Ott Scholarship for Applied Statistics and Quality Management Variable Yes 01 Apr, 2020
Collegedunia $150 Scholarship Program $150 Yes N/A
BrokerFish International student scholarship $1,000 Yes 21 Dec, 2020
JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
Aga khan Foundation Scholarships Variable Yes 31 Mar, 2020
Ontario Graduate Fellowship $8,459 Yes N/A
Go Clean Scholarship $3,500 Yes 31 Dec, 2020
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VISA & Work Study


  • International Students will need to apply for a valid Student VISA before entering Canada.
  • A Student VISA is 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.
  • In most cases, students Entry Visa will have the same expiry date as their Student VISA.
  • A Student VISA is usually valid for the length of the student’s study program, plus an extra 90 days. 
  • The cost of the Student VISA is 112 USD.
  • 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 1500 USD
    • Be registered at University of Victoria 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 2250 USD 
    • Work Full time during the summer months to earn close to 4500 USD

Career and Placement after Course

  • Economist
  • Financial risk analyst
  • Data analyst
  • Financial planner
  • Accountant
  • Economic researcher
  • Financial consultant
  • Investment analyst

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