Masters in Mathematics in Canada: Colleges, Deadlines, Fees 2023, Jobs & Salaries

Masters in Mathematics in Canada: Fees 2023, Top Colleges, Placements & Salaries

Masters in Mathematics in Canada is not just about calculations but also involves formulating new theories, patterns, and making new discoveries. In the top universities of Canada, it is offered as MS, MA, and MSc. It is a 2-year full-time program that focuses upon the different theoretical as well as analytical aspects of advanced Mathematics. Prospective applicants who hold a bachelor’s degree in Mathematics or a related field of study can opt for a higher degree in the same at Canadian Universities.

Over 25 universities offer Masters in Mathematics in Canada. The cost of pursuing a Masters in Mathematics in Canada ranges from 9,500-27,000 CAD. For an Indian student, this approximates to 5.74-16.32 lakhs INR. There are additional expenses that you experience when studying abroad. This may seem too overwhelming for a student on budget. In this case, you can choose from various scholarships in Canada for international students.

After Masters in Mathematics in Canada, you can expect to earn around 74,000 CAD (45 lakhs INR) a year within the start of your career. As you gain slight experience, your salaries can go up to 200,000 CAD (1 crore INR) a year. Job roles popular among graduates with a masters in mathematics are Financial Planner, Investment Planner, Economist, etc.

Masters in Mathematics in Canada: Highlights

Degree Types MS in Mathematics | MA in Mathematics
Course Duration 2-years
Program Types Part-Time, Full-Time
Admission requirements 4-year Bachelor’s degree (hons) in Mathematics or Statistics | Minimum overall aggregate of 80-85% | 2-3 LORs | Personal Statement | Letter of Intent | Updated Resume/CV | Official Transcripts
English Proficiency IELTS: 6.5-7.0 | TOEFL: 92-100
Tuition Fee 9,500-27,000 CAD (5.74-16.32 lakhs INR)
Average Salary 74,000 CAD (45 lakhs INR)

Masters in Mathematics in Canada: Top Universities

The top universities for Masters in Mathematics in Canada, along with the programs offered, application deadlines, and annual tuition fee are given below:

University Program Offered Application Deadlines Tuition Fee (CAD)
University of Toronto MS in Mathematics December 16, 2022 (applications closed) -
University of British Columbia MS in Mathematics To be declared 9,500
Concordia University MA/MS in Mathematics and Statistics February 1, 2023 25,460
McMaster University MS in Mathematics February 1, 2023 27,520
University of Manitoba MS in Mathematics February 1, 2023 18,969
University of Alberta MS in Mathematical and Statistical Science January 15, 2023 (applications closed) 9,507
McGill University MA/MS in Mathematics and Statistics January 15, 2023 (applications closed) 21,972
Memorial University of Newfoundland MS in Mathematics January 31, 2023 13,308
York University MA in Mathematics and Statistics January 15, 2023 (applications closed) 18,825
University of Ottawa MS in Mathematics and Statistics February 1, 2023 26,871

What is Masters in Mathematics in Canada?

Masters in Mathematics is a postgraduate degree program which provides students with fundamental graduate training in mathematics. This degree programme balances applied and theoretical coursework, as well as numerous elective courses in specialized subjects and subfields, with a focus on either pure or applied mathematics. The program's flexible coursework is intended to prepare students for work in academia, government, business, and industry, as well as for further graduate study.

Masters in Mathematics in Canada: Specializations and Subjects

The various subjects and specializations included in the curriculum of Masters in Mathematics in Canada is as follows:

  • Applied Algebra,
  • Measure Theory
  • Introduction to Harmonic
  • Analysis
  • Algebraic Topology
  • Probability Theory
  • Ordinary/Partial Differential
  • Equations
  • Stochastic Calculus in
  • Finance
  • Mathematical Modeling
  • Mathematical Epidemiology

Why study Masters in Mathematics in Canada?

  • According to the QS World Subject Rankings 2023, 4 universities in Canada are ranked among the top 50 in the world for Mathematics.
  • The average salary after Masters in mathematics in Canada can go as high as 74,000 CAD (45 lakhs INR)
  • From 2019 to 2023, the occupational group of mathematicians, statisticians, and actuaries is expected to grow at a faster-than-average annual rate of 10%.
  • The unemployment rate of Canada as of 2022 is 5.29%, which represents abundant job opportunities for graduates.

Masters in Mathematics in Canada: Admission Requirements

The admission process for Masters in Mathematics in Canada includes the fulfillment of basic eligibility and additional requirements from international students. The following section outlines the eligibility criteria and the admission requirements for an international student to get admission in a Masters in Mathematics in Canada degree program.

Universities Admission Requirements Additional Requirements
University of Toronto Bachelor’s degree in Mathematics or relevant field IELTS: 7.0 | TOEFL: 93 | Minimum overall aggregate of 80-85%
University of British Columbia Bachelor’s degree in Mathematics or relevant field IELTS: 7.0 | TOEFL: 100 | Minimum overall aggregate of 75%
Concordia University Bachelor’s degree (hons) in Mathematics or Statistics or relevant field IELTS: 6.5 | TOEFL: 90 | Minimum overall aggregate of 75%
McMaster University Bachelor’s degree (hons) in Mathematics or relevant field | Statement of Interest | 2 LORs IELTS: 6.5 | TOEFL: 92 | Minimum overall aggregate of 80%
University of Manitoba Bachelor’s degree (hons) in Mathematics or relevant field IELTS: 6.5 | TOEFL: 86 | Minimum overall aggregate of 80%
University of Alberta Bachelor’s degree (hons) in Mathematics or Statistics or relevant field | Updated Resume/CV | Personal Statement | 3 LORs | Official Transcripts IELTS: 7.0 | TOEFL: 100 | Minimum overall aggregate of 80-85%
McGill University Bachelor’s degree (hons) in Mathematics or Statistics or relevant field IELTS: 6.5 | TOEFL: 86 | Minimum overall aggregate 80-85%
Memorial University of Newfoundland Bachelor’s degree in Mathematics or relevant field IELTS: 6.5 | TOEFL: 92 | Minimum overall aggregate of 80%
York University Bachelor’s degree (hons) in Mathematics or Statistics or relevant field | Updated Resume/CV | Statement of Interest | 2 LORs | Official Transcripts IELTS: 6.5 | TOEFL: 80 | Minimum overall aggregate of 80%
University of Ottawa Bachelor’s degree in Mathematics or Statistics or relevant field | 2 LORs | Resume | Letter of Intent IELTS: 6.5 | TOEFL: 80 | Minimum overall aggregate of 75%

Also check:

Masters in Mathematics in Canada: Eligibility Criteria

Checklist for the basic admission requirements and eligibility criteria for Masters in Mathematics in Canada:

  • 4-year Bachelor’s degree (hons) in Mathematics or Statistics
  • Minimum overall aggregate of 80-85%
  • English Proficiency Test Scores: IELTS: 6.5-7.0 | TOEFL: 92-100
  • 2-3 LORs
  • Personal Statement
  • Letter of Intent
  • Updated Resume/CV
  • Official Transcripts
  • Valid Passport
  • Student Visa

Also Checkout:

Masters in Mathematics in Canada: Cost

Tuition fees and cost of living expenses make up the majority of the total costs associated with studying abroad in Canada. Given below is the detailed breakdown of the same.

Masters in Mathematics in Canada: Tuition Fee

The tuition fees for Masters in Mathematics in Canada in some of the top universities is as follows:

Masters in Mathematics in Canada: Tuition Fee

Universities Tuition Fee (CAD) Tuition Fee (INR)
University of Montreal 10,684 6.46 lakhs
University of Calgary 15,250 9.22 lakhs
University of Waterloo 25,785 15.59 lakhs
Simon Fraser University 62,290 37.66 lakhs
Western University 23,390 14.14 lakhs
Dalhousie University 19,780 11.96 lakhs
Queen’s University 15,762 9.53 lakhs
Laval University 12,107 7.32 lakhs
University of Guelph 10,650 6.44 lakhs
University of Saskatchewan 10,650 6.44 lakhs

Cost of Living in Canada

The estimated expenditure and cost of living in Canada for an international student is around 1,987 CAD (1.19 lakhs INR)

Expense Type Average Cost (CAD) Cost Equivalent (INR)
Accommodation 1,037 62,465
Food 290 17,471
Transport 107 6,446
Internet 80 4,819
Books and Supplies 163 9,818
Miscellaneous 310 18,673

Cost of Living in Canada

Masters in Mathematics in Canada: Scholarships

International students can avail various scholarships provided by the Canadian government and top universities in Canada to ease up their financial burden. Following are some of the popular scholarships in Canada for international students:

Scholarships Eligibility Award Details (CAD)
Canada Graduate Scholarships Bachelor’s degree with a minimum overall aggregate of 75%, research potential, relevant work experiences 17,500 for 12 months
Ontario Graduate Scholarship Enrolled full-time at University of Toronto 15,000
John and Lena Graham Commonwealth Bursary Enrolled in any master’s/doctoral program at Dalhousie University, resident of a commonwealth country, financial need 2,000
Concordia Merit Scholarship Enrolled full-time at Concordia University 10,000
Concordia International Tuition Award of Excellence Enrolled full-time at Concordia University 44,893
International Peace Scholarships for Women Enrolled in full-time course work programs in Canada or USA 12,500
Friends of the University of Alberta Society Graduate Award Enrolled in any graduate degree at University of Alberta, academic merit 5,000
Alberta Graduate Excellence Scholarship Enrolled in any graduate degree at University of Alberta, Academic excellence 15,000

Masters in Mathematics in Canada: Job Roles and Salaries

After completing a graduate degree in Mathematics from Canada, students can apply to various universities for jobs as Mathematicians, Statistician, Research Analyst, etc. The average salary of a Mathematics post-graduate in Canada is 74,000 CAD (45 lakhs INR) per year. The other job profiles and their minimum to maximum salaries have been illustrated through the following bar graph:

Masters in Mathematics in Canada: Job

Job Roles Average Salary (CAD) Average Salary (INR)
Data Scientist 53,348 32.16 lakhs
Data Analyst 68,073 41.04 lakhs
Investment Analyst 66,467 40.07 lakhs
Quantitative Analyst 77,448 46.69 lakhs
Cryptographer 82,000 49.43 lakhs
Statistician 72,102 43.47 lakhs
Maths Professor/Lecturer 64,000 38.58 lakhs

Explore:

Masters in Mathematics in Canada v/s Masters in Mathematics in USA

For applicants wandering around the question, “Is it better to do Masters in Mathematics in Canada or USA?”, the following table demonstrates some differences between the two countries:

Parameters Masters in Mathematics in Canada Masters in Mathematics in USA
Degree Types MS in Mathematics | MA in Mathematics MS in Mathematics | MA in Mathematics
Course Duration 2-years 1.5-2 years
Admission requirements 4-year Bachelor’s degree (hons) in Mathematics or Statistics | Minimum overall aggregate of 80-85% | 2-3 LORs | Personal Statement | Letter of Intent | Updated Resume/CV | Official Transcripts Bachelor’s degree | 3.0 GPA or 83-86% | 2-3 LORs | SOP
English Proficiency IELTS: 6.5-7.0 | TOEFL: 92-100 TOEFL-iBT: 80 or above | IELTS: 6.0-7.0
Tuition Fee 9,500-27,000 CAD (5.74-16.32 lakhs INR) 8,430 to 35,770 USD (7 lakhs to 29.4 lakhs INR) per year
Cost of Living 1,987 CAD (1.19 lakhs INR) 2,280 USD (1.85 lakhs INR)
Average Salary 74,000 CAD (45 lakhs INR) 85,000 USD (~ 70 lakhs INR)

Also Read: MS in Mathematics in USA

The admissions for international students in Masters in Mathematics in Canada is quite difficult. Students are advised to have a strong academic and mathematical background. An undergraduate degree in Mathematics or in a related field is highly recommended. Test scores of English language must also be above average and application must be submitted before the deadline along with the fee. The essay must include the applicant’s knowledge in the same and prove some research experience to get selected.

FAQs

Ques: What can I do after Masters in Mathematics in Canada?

Ans: You can look for employment after graduation. Some of the most preferred job roles and professions after Masters in Mathematics in Canada include:

  • Data Scientist
  • Data Analyst
  • Investment Analyst
  • Quantitative Analyst
  • Cryptographer
  • Statistician
  • Maths Professor/Lecturer

Ques:What are the requirements for Masters in Mathematics in Canada?

Ans: Checklist for the basic admission requirements and eligibility criteria for Masters in Mathematics in Canada:

  • 4-year Bachelor’s degree (hons) in Mathematics or Statistics
  • Minimum overall aggregate of 80-85%
  • English Proficiency Test Scores: IELTS: 6.5-7.0 | TOEFL: 92-100
  • 2-3 LORs
  • Personal Statement
  • Letter of Intent
  • Updated Resume/CV
  • Official Transcripts
  • Valid Passport
  • Student Visa

Ques:How much does it cost to get a Masters in Mathematics in Canada?

Ans: The cost of pursuing a Masters in Mathematics in Canada ranges from 9,500-27,000 CAD. For an Indian student, this approximates to 5.74-16.32 lakhs INR.

Ques:What is the salary after Masters in Mathematics in Canada?

Ans: After Masters in Mathematics in Canada, you can expect to earn around 74,000 CAD (45 lakhs INR) a year within the start of your career. As you gain slight experience, your salaries can go up to 200,000 CAD (1 crore INR) a year.

Ques:How much do mathematicians make in Canada?

Ans: The average starting salary of a mathematician in Canada is 58,000 CAD (35 lakhs INR)

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