Master of Financial Economics (MFE)
STEM Course
1 year
Full Time
On Campus
Ranked #201 out of 1502 by THE Global Ranking 2023
₹35.4 L/Yr
CA$56,343 /Yr
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹3539467 (CAD 56343) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | ₹770299 (CAD 12262) |
| Health Insurance | ₹139837 (CAD 2226) |
- Masters in Financial Economics at Western University is offered as a full-time basis for a duration of 2-year.
- Ranked 4th in Canada’s best universities by student satisfaction in Maclean’s Rankings 2020.
- These academic units have joined forces to provide MFE students with a broad understanding of Financial Theory and the Economics framework upon which that theory is based, as well as the understanding of Quantitative Finance and Securities Law, required for today's complex financial world.
- Graduates pursue careers in a variety of industry areas including risk management, financial modelling, investor and treasury services, and portfolio management.
- The Student to ratio is 24:1.
- The Employment rate of Western University is 91%.
- Students can apply for scholarship programs initiated by the Government of Canada up to 40,664 USD per year.
- The living cost range in Canada is 4,500 USD – 10,800 per year.
- The average salary goes up to 6,500 USD after completing this program.
- Students have career opportunities to work as:
- Economist.
- Financial risk analyst.
- Data analyst.
- Financial planner.
Read More
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.
Read More
Scores Required
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 TOEFL, IELTS,..etc.
- Exam scores like GMAT, GRE are to be submitted.
Overall 120 out of 1503 in Global Ranking
Nearest Ranked Colleges
University of Waterloo
Ranked 115
Score 57.2
University of Alberta
Ranked 96
Score 61.2
McMaster University
Ranked 176
Score 49
Do you think the Rankings are wrong ? Report Here
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| - | - | - |
| - | - | - |
| - | - | - |
Key Resources for Your Study Abroad Journey
Career and Placement after Course
After completing this program students have job opportunities in:
- Economist.
- Financial risk analyst.
- Data analyst.
- Financial planner.
- Accountant.
- Economic researcher.
Read More
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Ontario Trillium Scholarship 2 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeAwards | |
| Ontario Graduate Scholarship | Scholarship per student₹ 6.8 L/Yr$10,847 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Bharat Petroleum Scholarship 2020 | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| BrokerFish International student scholarship | Scholarship per student₹ 62,820/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| QS scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | INR 12.2 L/Yr CAD 19,362 /Yr |
| ||
-- | INR 10.3 L/Yr CAD 16,434 /Yr |
| ||
Application Deadline For September 2023 Intake (15th Jul 2025) | INR 16.2 L/Yr CAD 25,860 /Yr |
| ||
-- | INR 9.8 L/Yr CAD 15,591 /Yr |
| ||
-- | INR 6.6 L/Yr CAD 10,538 /Yr |
|
Do you think the Dates are wrong ? Report Here
Similar Colleges
second name testing
Ottawa, Ontario
OCAD University
Toronto, Ontario
Saint Mary's University
Halifax, Nova Scotia
The King's University
Edmonton, Alberta
.jpeg?tr=h-143,c-force)
University Canada West
Vancouver, British Columbia
University of Alberta
Edmonton, Alberta
University of Calgary
Calgary, Alberta
waterloo test
Waterloo, Ontario
University of Windsor
Windsor, Ontario
Videos
interested in this College ?
Follow & Share this college to get information about admission.
Affilated colleges
Brescia University CollegeLondon, Ontario
- Huron University College
London, Ontario
- King's University College
London, Ontario
Faculty, schools and campuses
- Richard Ivey School of Business
London, Ontario
- Schulich School of Medicine & Dentistry
London, Ontario
Colleges in Ontario, Canada
- OCAD University
Toronto, Ontario
- M.S, ₹33.91K/Yr Avg FeesUniversity of Waterloo
Waterloo, Ontario
- Brescia University College
London, Ontario
Students also visited
- Ph.D Economics, ₹4.1L/Yr Avg FeesUniversity of Alberta
Edmonton, Alberta
- M.S, ₹33.91K/Yr Avg Feeswaterloo test
Waterloo, Ontario
- Richard Ivey School of Business
London, Ontario
- Schulich School of Medicine & Dentistry
London, Ontario
- B.A Economics, ₹15.02K/Yr Avg Feessecond test
Fergana Valley, batken
Comments
Students applying for admission in the master programs of Western University must have a minimum of 70% overall average in the last 2 full-time years of the undergraduate degree. Besides the GPA requirement there are certain program-specific requirements as well.