Master of Arts [M.A] (Financial Economics)
1 year
Full Time
On Campus
Field of Study:
Ranked #18 out of 1502 by THE Global Ranking 2023
₹18.5 L/Yr
CA$30,120 /Yr
Offered By: School of Graduate Studies, University of Toronto
- Masters in Financial Economics at the University of Toronto is offered a 16 months (4 sessions) program.
- This course is offered on a full-time basis.
- The University of Toronto also ranked 2nd in Maclean’s Top 10 in 2020 for business programs.
- Students must complete intensive mathematics, statistics, and accounting review, 6.0 full-course equivalents (FCEs) or 12 half courses, and a four-month summer internship.
- This program provides a broad understanding of financial theory and the economic framework upon which that theory is based.
- The faculty and student ratio for this program is 1:19.
- The Full-Time Financial Economics Program has approximately 350 spaces for the September 2020 start.
- 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 Financial Examiners, Business Analyst, etc with an average salary of 47,199 USD per year.
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Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹1849368 (CAD 30120) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | ₹227180 (CAD 3700) |
| Food | ₹170385 (CAD 2775) |
| Transportation | ₹60172 (CAD 980) |
| Total Cost | ₹662199 (CAD 10785) |
| Books and supply | ₹92100 (CAD 1500) |
| Other Fees | ₹112362 (CAD 1830) |
Eligibility & Entry Requirement
Academic Eligibility:
- Applicants should have an appropriate bachelor’s degree with at least a mid-B (75%) standing in the final year of the program.
- Successful completion of courses in calculus, intermediate microeconomics, intermediate macroeconomics, and statistics.
- Applicants who do not hold a degree from a Canadian university must submit an official Graduate Record Examination (GRE) General Test score or a Graduate Management Admission Test (GMAT) score.
Indian Student Eligibility:
Indian students are eligible to apply if they meet one of the following eligibility criteria:
- Applicants must have completed or must be in the final year of an appropriate bachelor's degree program from a recognized university, with a B+ standing in the final year of that program
- Applicants must have a strong preparation in economics, including full-year courses in intermediate-level micro and macro theory, and full-year university-level courses in each of calculus and statistic
- Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 from Indian Institutes of Technology
- B Plus GPA: 1st Class/Div or 8.5/10; 8/10 from Indian Institutes of Technology
- Bachelors Equiv: Bachelor`s Degree, requiring a minimum of 4 years of study (e.g. BPharm, MBBS, BDS, BTech, BEng, BArch, etc.) Or Completion of BOTH a Bachelor`s (three-year) degree and a Master`s
Students must be qualified in IELTS or TOEFL and GRE to get admission in this program.
Scores Required
93 / 120
Avg. Score in
TOEFL
6.5 / 9
Avg. Score in
IELTS
Required Document List
The Documents required are:
- College Transcripts: The marks statement provided by the education board after completion of the previous academic qualifications.
- 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 the experience and skills of the student.
- Tests Score statement: IELTS/TOEFL/PTE or other English proficiency testing results.
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| INR 18.5 L/Yr CAD 30,120 /Yr |
| |||
| INR 5.3 L/Yr CAD 8,557 /Yr |
|
Course Guides
Masters (MS) in Canada: Fees 2023, Top Colleges, Admissions, Placements & Salaries
Masters in Economics in Canada: Fees 2023, Top Colleges, Admissions, Placements & Salaries
Career and Placement after Course
Job profiles after completing this program:
- Financial Examiner
- Budget Analyst
- Personal Financial Advisor
- Financial Analyst
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Ontario Trillium Scholarship 2 | Scholarship per student₹ 6.1 L/Yr$10,000 | Level Of StudyMaster | TypeAwards | |
| Ontario Graduate Scholarship | Scholarship per student₹ 6.7 L/Yr$10,847 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Hornby Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| GREAT Scholarship | Scholarship per student₹ 7.7 L/Yr$12,499 | Level Of StudyMaster | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student₹ 61,400/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Saryu Doshi Graduate Fellowships in Liberal Arts & Sciences | Scholarship per student₹ 2.5 L/Yr$4,078 | Level Of StudyMaster | TypeMerit-Based |
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Comments
If you have graduated from a designated learning institution in Canada, you may be eligible to apply for PGWP. However, graduating from a designated learning institution does not automatically make you eligible to appy for PGWP. You will be able to apply for PGWP after completing the one-year Certificate in Cloud Computing program of this university.