M.Fin at McMaster University, Hamilton Fees, Entry Requirement & Application Deadline

McMaster University M.Fin Fees, Eligibility, Admission & Deadlines

Hamilton, OntarioLocation
UniversitySchool type
Estd1887established year
33147enrollment
Public
Partner [2 Courses]
7.9/10

Master of Finance [M.Fin]

16 months
Full Time
On Campus

Field of Study

CA$18,995/Yr

CA$18,995 /Yr
1 Students Applied
  • McMaster University offers Master of Finance for a duration of 16 months (4 terms).
  • It is an on-campus program offered on a full-time basis.
  • In this program, students will learn essential skills and knowledge in economics, accounting and statistics.
  • The program Begins in September and students will complete two four-month academic terms, followed by one four-month summer term.
  • It provides an opportunity to seek employment, complete external certifications, or develop language skills.
  • Students will return the following September to complete one final four-month academic term in order to complete the program.
  • Students will complete two four-month academic terms(1st and 2nd Term)
  • In 3rd term, students have the opportunity to seek employment and gain valuable work experience within or outside of Canada, develop the language skills needed to succeed in the Canadian finance sector, or work towards completion of designations such as CFA.
  • In 4th term, students build their knowledge through analytical applications in finance. Augment and specialize their training through electives.
  • Students get many summer job opportunities but there is no guarantee of employment during this term.
  • Students will participate in a transition program during the two weeks before classes start.
  • The program includes career development opportunities, financial modelling workshops and a math/statistics review which covers the basic aspects of differential and integral calculus, linear algebra, and statistics and probability.
  • WHAT YOU WILL LEARN:
    • Essential skills and knowledge in economics, accounting and statistics.​
    • How to apply knowledge to core problems in modern finance.​
    • Practical experience working with programs such as VBA, MegaStat, R. Matlab, Python, EViews​.
    • Topics of particular interest and relevance to your anticipated career through elective courses.

Tuition Fees

Year1st Year Fees
Tuition FeesCA$18995 (CAD 18995)

Other Expenses

HeadAvg Cost Per Year
Room and Food (On-Campus)CA$9195 (CAD 9195)
Housing (Off-Campus)CA$4860 (CAD 4860)

Eligibility & Entry Requirement

Master of Finance
Duration 16 months
Course Level PG
Acceptance Rate 58.70%
International Students 5000
Graduation
  • Students have to complete an honors 4 year bachelor's degree or equivalent in any discipline from a recognized university.
  • Students hold a minimum B+ average (equivalent to a McMaster GPA of 8.5) from an accredited university.
TOEFL iBT Overall score of 92 is required
PTE Overall score of 60 is required
IELTS Overall score of 6.5 is required
GMAT Overall score of 600 is required
Documents Required
  • Official Academic Transcripts and Degree Completion Certificates
  • Statement of Interest
  • Resume/CV
  • ELP (TOEFL/IELTS) Scores (if applicable)
  • Proof of Permanent Resident Status (if applicable)
  • Two reference letters
Offer Acceptance time Within 30-40 days
Applications Deadline 15 March, 2023
Application Fee $150 (9,069 INR)
Annual Tuition Fees $18995 (11,48,437 INR)

Scores Required

88 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

60 / 90

Avg. Score in

PTE


Required Document List

Following are the required document:

  • Online application form and fees: Students have to fill the online form and submit the application fees. 
  • CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
  • Two Academic or Professional References: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
  • Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
  • Transcripts: Students have to submit transcripts from all universities/colleges attended, World Education Services Assessments, and English Language Proficiency test scores.
  • Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.

Career and Placement after Course

Possible career oppoertunities are:

  • Portfolio Management
  • Hedging and Risk Management
  • Currency and Derivatives Trading
  • Fixed Income Analysis
  • Equity Research
  • Business Analyst
  • Finance Associate
  • Financial Analyst

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Ontario Trillium Scholarship 2Scholarship per studentVariable AmountLevel Of StudyMasterTypeAwards
Ontario Graduate ScholarshipScholarship per studentCA$ 10,847/Yr$10,847Level Of StudyDoctorateTypeCollege-Specific
Go Clean ScholarshipScholarship per studentCA$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Ontario Graduate FellowshipScholarship per studentCA$ 8,459/Yr$8,459Level Of StudyDoctorateTypeMerit-Based
Collegedunia $150 Scholarship ProgramScholarship per studentCA$ 150/Yr$150Level Of StudyBachelorTypeMerit-Based

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