Masters in Finance Canada – Universities, Process, Fees & Jobs

Master’s in Finance in Canada is one of the most sought-after programs. Finance is a specialization that is rapidly gaining ground worldwide and is relevant in almost everything, starting from analyzing and interpreting financial markets, and economic trends, to managing money and banking and financial operations. It also helps students to plan, synthesize, and uncover all the unknown aspects of a balance sheet and make better financial decisions in various types of finance – Public Finance, Corporate Finance, and Personal Finance. 

A plethora of courses and specializations in Canada, excellent quality education, and a bright career scope makes Canada one of the favourite destination amongst international students. Pursuing MS in Finance in Canada is not difficult provided students follow the information provided in this article.

Study & Settle in Canada – Know where to start!

MSc Finance in Canada: Program Highlight

Best Universities in Canada for Masters in Finance

Here is a list of the top universities in Canada for master’s in finance, as per the QS World University Rankings 2023. 

Master of Finance in Canada: Admission Process

The admission process for a master’s in finance in Canada takes place three times a year – fall intake (starts from September), winter intake (commencing from January) and summer intake (beginning from May). Aspirants must keep an eye on when the universities roll out their admission forms. Here are the steps they can follow to ensure a smooth application process.

1. Choose the preferred university that offers MSc in Finance
2. Go through the entry requirements
3. Check the documents that should be attached along with the application form and submit them before the deadline
4. Pay the application fees and wait for confirmation
5. Apply for a Canadian student visa on receiving the confirmation

Eligibility Criteria for Masters in Finance in Canada

Here are the eligibility criteria for a master’s in Finance in Canada:

• Undergraduate or Bachelor’s degree in any related field of study has a strong hold on mathematics, calculus, advanced functions, and English
• Average 680 in GMAT or 325 in GRE
• A minimum score of 6.5 to 7.5 in IELTS or 88-110 in TOEFL
• Some institutions will consider three years of professional experience in a related field

Masters of Finance in Canada: Documents Required

Students should check and submit all the required documents along with their application while applying for post-graduation in finance in Canada, which are as follows:

• Academic transcripts from every level of study
• Two letters of recommendation
• English language proficiency scores
• Proof of GRE/GMAT scores
• Statement of Purpose (SOP)
• An updated CV/Resume
• Work experience letter (if applicable)

Masters in Finance in Canada: Cost of Study

The cost of studying at the best universities in Canada for a master’s in finance can be divided into three parts – pre-arrival cost, tuition fees, and cost of living. 

Scholarships for Masters in Finance in Canada

Masters in Finance in Canada: Career Opportunities 

Graduates in finance can find a job in various sectors such as investment banking, insurance, retail banking, and many others at top recruiting organizations such as Boston Consulting Group, Bain & Company, JP Morgan Chase & Co, McKinsey & Co, Barclays, HDFC, Goldman Sachs, Morgan Stanley, KPMG, etc.

Study Overseas with upGrad Abroad

Do you wish to study abroad? Get in touch with upGrad Abroad’s consultants who will help you out in choosing the correct option from the wide array of foreign universities and courses. During the first year of studying with upGrad Abroad, you will study online at a partner university in India. In the next year, you will take off abroad to study on-campus at a university of your choice.