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Waterloo, OntarioLOCATION
Estd 1957Established Year

Master of Arts [M.A] (Economics)

 1 year
 full time
 co op & on campus
 Course & Thesis Based

Field of Study

$ 10,563 

1st Year

International Student Tution

Check Detailed Fees

Program Description

  • University of Waterloo’s Masters in Economics program allows students to complete Course-based within 8 months and Research or thesis-based within 12 months.
  • This program offered on a full-time basis.
  • The following Research fields covered in this program:
    • Econometrics
    • Economic theory
    • Environment and natural resources
    • Industrial organization
    • International trade
    • Law and Economics
    • Macro and Monetary Economics
    • Public Economics.
  • This program contains coursework, research-based and co-op option.
  •  Study option available is MA-Economics (Co-op), MA-Economics (Water) and MA-Economics (Water)(Co-op).
  • Co-op program allows students to supplement their academic education with an eight-month work term and on-the-job learning.
  • This program provide students with relevant analytical and problem-solving skills through coursework, research and practice.
  • The students to faculty ration for this program are 24:1.
  • Students have career opportunities to work as a Securities Agents, Investment Dealers, and Brokers Banking, Credit and Investment Managers and Economists.
  • The average salary after the MA Economics degree is $82,965.

Program Highlights

Degree Type Offered Master
Duration1 year
Fees$ 12,337 for 1 year
Delivery TypeFull Time
Admission Intake Fall (Deadline - Feb 01)
Language Proficiency TOEFL,IELTS,PTE
Program Url

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must have completed a minimum of 4 years Honours Bachelors degree or equivalent with an overall standing of 75% or more.
  • Students must have a strong preparation in economics and in the mathematical tools needed to be successful in this program.
  • The Department of Economics does not consider international applications whose English language proficiency scores fall below the minimum requirement.
  • GPA of at least 3.0/4.0 [B Grade].

Indian Students Eligibility:

  • Students need to complete a 4 year UG degree in Financial Economics, Human Resource Management, Financial Economics, Public Policy, Econometrics from a recognized university or institute.

A GRE score is not required but is recommended for all international students applying to the program.

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.

Application Deadline

Feb 01

Scores Required

90 / 120

Avg. Score in


7.0 / 9

Avg. Score in


63 / 90

Avg. Score in


315 / 340

Avg. Score in


Fees & Funding

Tution & Application Fees

YearYear 1
Tuition fees$10563
Books and supplies$750
Total fees$12337

Living Costs

HeadAvg Cost Per Year
Housing$ 7,200
Food$ 2,115


Times Higher Education 2020

Ranked #151/ 501

Economics [ International ]

Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
UWaterloo Graduate Entrance Scholarship $3,500 Yes N/A
Ontario Graduate Scholarship $10,847 Yes N/A
Waterloo Graduate Scholarship $719 Yes N/A
Hira and Renu Ahuja International Graduate Scholarship $14,150 Yes N/A
University of Waterloo Merit Scholarship $710 Yes N/A
Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
JN Tata Endowment Scholarship Variable Yes 09 Mar, 2020
Aga khan Foundation Scholarships Variable Yes 31 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
Collegedunia $150 Scholarship Program $150 Yes N/A
BrokerFish International student scholarship $1,000 Yes 21 Dec, 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
Go Clean Scholarship $3,500 Yes 31 Dec, 2020
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VISA & Work Study


  • 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:
    • official Letter of Acceptance from the University of Waterloo.
    • Financial Evidence. 
    • Photos meeting Immigration, Refugees and Citizenship Canada (IRCC) specifications.
    • Proof of medical examination
    • Police certificate
    • Biometrics 
    • Country-specific documents
    • Documents requested by the visa office based on individual circumstances

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

Careers possible after this course are

  • Securities Agents
  • Investment Dealers and Brokers Banking
  • Credit and Investment Managers
  • Economists

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