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Waterloo, OntarioLOCATION
Estd 1957Established Year

Master of Accounting [M.Acc] (Accounting)

 2 years
 full time
 honours & on campus

Field of Study

$ 20,397 

1st Year

International Student Tution

Check Detailed Fees

Program Description

  • The Master of Accounting at the University of Waterloo(UWaterloo) is a 2-year program.
  • This is a full-time on-campus program that only runs in the winter season in Canada.
  • The students can select any one of the following options in this program:
    • Research Paper option
    • Coursework option
  • This program is accredited by Chartered Professional Accountants (CPA) Canada, so students who successfully complete the program, including all CPA requirements, are exempt from all 6 modules of the CPA Professional Education Program and may proceed directly to the Common Final Examination (CFE).
  • Some of the courses taught in this program are:
    • Statutory Interpretation
    • International Tax
    • Business Valuation
    • Public accounting practice.., etc.
  • The student to faculty ratio in this program is 23:1 which makes it easy for students to interact with faculty.
  • The female to male ratio in this program is 47:53 which shows equality. 
  • The careers to follow after graduation are:
    • Forensic accountants
    • CPAs,
    • Controllers
    • Certified internal auditors.., etc.
  • The average salary of the students after getting placed is 58,470 CAD.

Program Highlights

Degree Type Offered Master
Duration2 years
Fees$ 42,840 for 2 years
Delivery TypeFull Time
Admission Intake Winter (Deadline - Feb 01)
Language Proficiency TOEFL,IELTS
Program Url

Eligibility & Entry Requirement

Academic Eligibility:

  • Successful completion of any of the following four-year Honours undergraduate degrees with at least a 75% average across all courses taken in the last three years:
    • Bachelor of Accounting and Financial Management
    • Bachelor of Math/Chartered Professional Accountancy Studies
    • Bachelor of Science/Chartered Professional Accountancy Studies

Course Completion:

  • Completion of the following set of Accounting and Financial Management (AFM) courses with at least a 75% average across all courses, calculated using the grade from the first attempt at a course in the case of repeated courses:
    • Connections to Ethical Context
    • Accounting Information Systems
    • Audit Strategy
    • Taxation 1
    • Taxation 2.., etc.

Required Document List

Followings are the required documents:

  • Official Transcripts: Students need to submit their copy of their original transcripts. Official transcripts are printed on security paper with the University of Waterloo seal and signature of the Registrar.
  • Statement of Interest: Statement of interest is one of the few ways to describe that faculty have to understand the student's motivation, the seriousness of purpose, and their level of commitment to the discipline.
  • Reference Letter:  Students will choose letter writers that will be able to comment on their academic record as well as other experiences or relevant skill sets. 
  • CV/Resume:  Students should probably provide a resume, a copy of their transcripts, as well as a copy of their statement of interest, and other relevant application material.
  • English Language Requirement Scores like TOEFLIELTS,..etc.

Application Deadline

Feb 01

Scores Required

90 / 120

Avg. Score in


7.0 / 9

Avg. Score in


Fees & Funding

Tution & Application Fees

YearsYear 1Year 2
Tuition fee$20397$20397
Total fee$21420$21420

Living Costs

HeadAvg Cost Per Year
Housing$ 7,200
Food$ 2,118


QS World University 2020

Ranked #101/ 300

Accounting [ International ]

Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
Hira and Kamal Ahuja Award in Engineering $6,000 Yes 01 Oct, 2020
Waterloo Women in Mathematics Graduate Scholarship $2,262 Yes N/A
QNX Graduate Scholarship $10,434 Yes N/A
Ontario Graduate Scholarship $10,847 Yes N/A
Waterloo Graduate Scholarship $719 Yes N/A
University of Waterloo Merit Scholarship $710 Yes N/A
UWaterloo Graduate Entrance Scholarship $3,500 Yes N/A
Robbert Hartog Graduate Scholarship $3,775 Yes N/A
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
Ontario Graduate Fellowship $8,459 Yes N/A
(ISC)² Women’s Cybersecurity Scholarships Variable Yes 19 Feb, 2021
FINCAD Women in Finance Scholarship $20,000 Yes N/A
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
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
Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
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VISA & Work Study


  • There is no particular visa type to study in Canada but require a Student Visa.
  • International applicants who are applying for a Student Visa are required to have TRV (Temporary Resident Visa) or eTA (Electronic Travel Authorization) for entry in Canada.
  • Following are the required documents for Students visa applications:
    • Application for Study Permit
    • Letter of acceptance.
    • Proof of financial support.
    • Passport photos.
    • an Entry Visa to enter the country.
    • Visa to study or work in the country.
    • Resident Permit or registration after arrival in the host country.

Work Study

  • The work-study program offers part-time, on-campus jobs for full-time students with financial need.
  • Work-study jobs pay minimum wage or higher. Students can earn up to $2000 per term including vacation pay and benefits, and work a maximum of 10 hours per week.

Career and Placement after Course

  • The careers to follow after graduation are:
    • Forensic accountants
    • CPAs,
    • Controllers
    • Certified internal auditors.., etc.
  • The average salary of the students after getting placed is 58,470 CAD.

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