Hamilton, OntarioLocation
    UniversitySchool type
    EStd 1887established year

    Bachelor of Arts [B.A] (Economics)

    4 years
    120 Credits
    full time
    honours & on-campus
    Course Based

    Field of Study 

    $ 26,725 

    1st Year

    International Student Tution

    Program Description

    • Bachelor of Arts in Economics at McMaster University is a 4-year, honours degree program.
    • It is an on-campus, course-based program offered on both a full-time and part-time basis.
    • The program permits students to obtain training in economic theory and quantitative methods as well as opportunities to take courses in a wide range of areas of specialization.
    • At the UG level, the department offers many streams of BA in Economics such as:
      • BA in Honours Economics
      • BA in Honours Economics in Specialist option  
      • Combined Honours in Economics and Another Subject
      • Honours Economics and Computer Science
      • Honours Economics and Mathematics
    • The Economics program is a four-level program that offers the challenge of more advanced work in economics and students have to successfully complete 120 credits for completion of the program.
    • The major component of the Economics program are:
      • Health Economics
      • Macroeconomics
      • Econometrics
      • Applied Macroeconomics
    • The honours program provides excellent preparation for graduate work in applied economics, economic policy, business, law, public administration, urban planning, and other professional disciplines. 
    • University provides opportunities for UG and graduate students who demonstrate financial need can apply for the McMaster Bursary program which is based solely on financial need.
    • The department provides various awards to students such as In-course awards, Travel and Exchange Awards, Community Contribution Awards, Awards for Graduating Students, etc.
    • The department has a number of research centers and faculty experts in microeconomics, macroeconomics, econometrics, experimental economics, etc and the main 3 research centers are:
      • McMaster Experimental Economics Laboratory (McEEL)
      • Public Economics Data Analysis Laboratory (PEDAL)
      • Statistics Canada Research Data Centre at McMaster (RDC)
    • Job opportunities after BA Economics are Securities Agents, Investment Dealers, UnderwritersBanking, etc and the average salary goes up to 31,575 USD.

    Program Highlights

    Degree Type OfferedBachelor
    Duration4 years
    Total Credits120
    Fees$ 109512 for 4 yearsor 120 Credits Program
    Delivery Typefull time
    Admission Intakefall (Deadline - Apr 1)
    Language ProficiencyTOEFL,IELTS,PTE
    Program URL

    Eligibility & Entry Requirement

    Academic Eligibility:

    Students should meet  the following requirements to apply for the program:

    • Students must have an Ontario Secondary School Diploma (OSSD) with acceptable standing.
    • They should have completed Grade 12 U and/or M courses to meet the minimum set by the specific program.
    • Students have 6 appropriate midterm/interim Grade 12 U and/or M grades.
    • At least 3 final Grade 12 U and/or M grades plus enrollment in the appropriate additional 3 Grade 12 U and/or M courses.
    • In some cases, Grade 11 marks may also be considered for admission.

    Indian Student Eligibility

    • Students must have 5 subjects of Class XII  including all mandatory prerequisites for the selected program.
    • The student's average is calculated on Grade XII Predicted grades.
    • Students are eligible to apply if they have the following documents: Class X board results, Class XI transcript, and Class XII predicted grades.

    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.

    Required Document List

    Following are the required document:

    • Online application form and fees: Students have to fill the online form and submit the application fees. 
    • CV/Resume:Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
    • Two Academic or Professional References: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
    • Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
    • Transcripts: Students have to submit transcripts from all universities/colleges attended, World Education Services Assessments, and English Language Proficiency test scores.
    • Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
    • Documents that must be sent by letter mail or courier include SAT/ACT results, AP test results, IELTS, TOEFL, and other English language proficiency test results.

    Application Deadline

    Event End Date
    fall Apr 1, 2021


    Scores Required

    86 / 120

    Avg. Score in


    6.5 / 9

    Avg. Score in


    60 / 90

    Avg. Score in


    Fees & Funding

    Tution & Application Fees

    YearYear 1Year 2Year 3Year 4
    Tuition Fees$26725$26725$26725$26725
    Health insurance$174$174$174$174
    Other Fees$479$479$479$479
    Total Fees$27378$27378$27378$27378

    Living Costs

    HeadAvg Cost Per Year
    Room and Food (On-Campus)$ 9195
    Housing (Off-Campus)$ 4860


    Times Higher Education

    Times Higher Education 2021

    Ranked #151 / 601

    Economics [ International ]

    Scholarship Grants & Financial Aids

    Name AmountInternational Students EligibleApplication Deadline
    Go Clean Scholarship$ 3500YesDec 31, 2020
    (ISC)² Women’s Cybersecurity ScholarshipsVariableYesFeb 19, 2021
    Collegedunia $150 Scholarship Program$ 150YesN/A
    Jared J. Davis Grant$ 1000YesN/A

    Options Available

    ProgramDelivery TypeDurationProgram TypeTution Fees
    B.A Economicsfull time4 yearson-campus$24277

    VISA & Work Study


    • Students are required to get a Study Visa to study in Canada.
    • If students are traveling outside Canada will need either an Electronic Travel Authorization (ETA) or a Valid Temporary Resident Visa (TRV) to re-enter Canada.
    • The cost of the study visa is 112 USD and is valid for the length of the student’s study program, plus an extra 90 days.
    • Students need a Social Insurance Number (SIN) to work in Canad and to get the SIN, students will need to bring a passport and study visa.
    • At the time of VISA application, students need to provide various documents:
      • Application form and Study Plan
      • Valid Passport
      • Official Acceptance Letter
      • Financial Evidence

    Work Study

    Students need a work-Study visa to work in Canada. Full-time international students studying at a Canadian university may seek employment in Canada in 4 situations:

    • on-campus employment
    • co-ops employment
    • working off-campus
    • post-graduation work visa

    The McMaster Work Program gives students opportunities to work on campus during the fall/winter terms and over the summer.

    • First-year international students are not eligible for the fall/winter work program but can apply for the summer after their first year and every year beyond.
    • International students with a valid study visa are eligible to participate in McMaster’s work programs.
    • Students can work Part-time at a maximum of 10 hours per week in the fall and winter terms.
    • Students can work Full-time of 35 hours per week and part-time over the summer.

    Career and Placement after Course

    Job opportunities for BA in Economics students are:

    • Securities Agents
    • Investment Dealers
    • Brokers Financial Planners
    • Investigators
    • UnderwritersBanking
    • Credit and Other Investment Managers

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