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UNIVERSITY OF MANITOBA - [U OF M], WINNIPEG, MANITOBA - PROGRAMS

Winnipeg, ManitobaLOCATION
UniversitySCHOOL TYPE
Estd 1877Established Year
  29620Enrollment

Master of Finance [M.Fin]

 1 year
 full time
  English
 on campus

Field of Study

Offered by     I.H. Asper School of Business

$ 21,000 

1st Year
Fees

International Student Tution

Check Detailed Fees

Program Description

  • Masters in Finance at the University of Manitoba is offered as a 1-years program.
  • Asper School of Business also ranked 16th in QS Global Rankings in 2019.
  • The Asper Master of Finance program is accredited by the Association to Advance Collegiate Schools of Business(AACSB).
  • This program prepares the students to write all three levels of exams needed to obtain a Chartered Financial Analyst (CFA) designation, with a focus on the Level 1 exam.
  • The CFA designation is one of the most respected and globally recognized credentials in the financial services industry.
  • Graduates of the Asper MFin and a CFA designation are qualified to pursue job opportunities at financial service firms including banks, pension funds, insurance companies, investment banks,.. etc.
  • This program uses the CFA Body of Knowledge as its frame of reference. 
  • The University worked with the CFA to map over 70% of the CFA Program Candidate Body of Knowledge into this program concentration, in addition to the CFA Institute Code of Ethics and Standards of Professional Conduct.
  • The Student to Teacher ratio is 3:1 which helps increase in interaction between professors and students.
  • 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 
    • Corporate investment banker
    • Financial analyst
    • Financial advisor
    • Stockbroker
    • Actuary.., etc.
  • The average salary of Students after getting placed is 76000 CAD per year.

Program Highlights

Degree Type Offered Master
Duration1 year
Fees$ 21,975 for 1 year
Delivery TypeFull Time
Admission Intake Fall (Deadline - Mar 01)
Language Proficiency TOEFL,IELTS
Offered byI.H. Asper School of Business
Program Urlhttps://umanitoba.ca/faculties/management/programs/graduate/mfin/program.html

Eligibility & Entry Requirement

Academic Eligibility:

  • Students have to complete a science bachelor’s honors degree in computer science or a highly related discipline.
  • Or, bachelor's (4-year, honors degree) or equivalent from a recognized degree-granting institution.
  • GPA of at least 3.0/4.33 (B grade) in the last 2 years of study is required to be eligible for this program.
  • Students must be qualified in IELTS or TOEFL and PTE 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 from a recognized institution
  • Or, completed graduation in B.Sc.(H) Computer Science or B.Sc. Applied Physical Sciences with Mathematics and Computer Science.
  • Or, completed a B.Sc (General) degree from a recognized institution.

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

The Documents required are:

  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Statement of marks - The marks statement provided by the education board.
  • 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.
  • Resume/CV - This provides a summary of your experience and skills.
  • English Language Requirement Scores like TOEFLIELTS,..etc.
  • Exam scores likeGMAT, GRE are to be submitted.


Application Deadline

Fall
Mar 01


Scores Required

86 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS


Fees & Funding

Tution & Application Fees

YearYear 1
Tuition fees$21000
Others$975
Total fees$21975

Living Costs

HeadAvg Cost Per Year
Housing$ 12,000
Transportation$ 780
Food$ 2,280

Scholarship Grants & Financial Aids

NameAmountInternational Students EligibleApplication Deadline
University of Manitoba Graduate Fellowship $9,967 Yes N/A
Ellis R. Ott Scholarship for Applied Statistics and Quality Management Variable Yes 01 Apr, 2020
Go Clean Scholarship $3,500 Yes 31 Dec, 2020
Collegedunia $150 Scholarship Program $150 Yes N/A
VueVille Future Technology Scholarship $1,000 Yes 30 Sep, 2020
BrokerFish International student scholarship $1,000 Yes 21 Dec, 2020
Debesh Kamal Scholarship $1,385 Yes 30 Apr, 2020
JN Tata Endowment Scholarship Variable Yes 09 Mar, 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
Ontario Graduate Fellowship $8,459 Yes N/A
Aga khan Foundation Scholarships Variable Yes 31 Mar, 2020
Show More

VISA & Work Study

VISA

  • Students will need to apply for a valid Student Visa before entering Canada.
  • A student visa is needed only if the program is of more than 6 months for international students.
  • The visa is usually valid for the length of the student’s study program, plus an extra 90 days.
  • Before applying for the student visa, one must have a letter of acceptance from a Designated Learning Institution (DLI).
  • The cost of the Student Visa is 112 USD.
  • Student Visas are issued by Immigration, Refugees and Citizenship Canada (IRCC) and application forms are available online or by paper.
  • 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 1,500 USD
    • 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.

Career and Placement after Course

  • Students may have job opportunities as 
    • Corporate investment banker
    • Financial analyst
    • Financial advisor
    • Stockbroker
    • Actuary.., etc.
  • The average salary of Students after getting placed is 76000 CAD per year.



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