Master of Business Administration [M.B.A] (Finance)
28,847/Yr
- The University of Alberta offers an MBA in Finance for a 20-months, including a 4-month internship.
- It is an on-campus, thesis-based program, offered on both full-time options.
- This program drawing on the expertise of the world-class faculty and strong network in the financial sector in which the finance specialization will position students for successful careers in investment banking, private equity, and corporate finance.
- This program gives a wide range of knowledge to the following topics:
- Finance to Marketing
- International Business to Natural Resource Management
- International Business
- Innovation and Entrepreneurship
- Public Policy and Management
- Natural Resources, Energy and the Environment
- Sustainability
- MBA graduates get a a median increase of 61% in their pre-MBA salary immediately after the program.
- The full-time MBA in FInance also allows students to complete a paid summer internship in between the 1st and 2nd years of the program.
- University provides a range of degree options, small class sizes, an applied learning style, and strong ties to the business community, translate into incredible opportunities for the MBA grads.
- Students have complete a curriculum that provides integrated grounding in management essentials and round-off their degree with elective courses.
- The student to faculty ratio for this program is 9:1 and is home to nearly 70 faculty members.
- The Alberta School of Business is the longest continuously Association to Advance Collegiate Schools of Business (AACSB) accredited business school in Canada.
- This program provides an opportunity for students to learn in the university to have a real-world setting and gain experience during their studies.
- The Alberta School of Business is one of the world’s leading institutions of business education and research and ranks 9th according to QS Global ranking in Canada.
- MBA in Finance at the University of Alberta ranks 3rd according to QS Business ranking 2020 in Canada.
- Students have career opportunities to work as a Chief Technology Officer, Financial Manager, Investment Fund Manager, Marketing Manager, and Sales Manager and the average salary goes up to 72,000 USD.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | 28847 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | 10800 |
| Food | 2700 |
| Health Insurance | 970 |
| Books and supply | 1200 |
| Total Cost | 15670 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | 28282 |
| 2021 | 21211 |
Eligibility & Entry Requirement
Academic Eligibility:
- Students must have completed four years of bachelor’s degree or equivalent in business from a recognized university.
- A GPA of 3.0/4.0 [B Grade] over their last two years or 60-credits of study is required to get admission in this program.
- Students must hold an English Language Proficiency for Non-native English speakers.
Work Experience:
- Students have at least two years of full-time work experience after completion of an undergraduate degree.
- Alberta MBA students possess an average of five years of work experience.
- Students need to include in resume sufficient details of their professional work experience for each term of employment, and a brief description of employment duties.
-
Education, volunteer experience, accomplishments achieved at work, and any extracurricular activities should also be consider.
Others:
- Students who have non-business academic backgrounds must hold degrees from a wide range of areas including arts, business, engineering, sciences, etc.
Indian Student Eligibility:
- Students are normally required to have completed a four-year bachelor’s degree, or equivalent in business from a recognized university or institute.
- GPA of 3.0/4.0 [B Grade] from the latest two years of full-time study or equivalent is required.
- Students will need to submit school results for Class XI showing a competitive average and course registration for Class XII, or Class XII mid-year results.
- Students in CBSE or CISCE schools may need to present a 75%+ score on their final Class XII exams.
Students need to submit a minimum GMAT score of 550 or GRE exam scores with a minimum of 300+. However, for a better chance of admission, students must obtain 500+ on GMAT or 300+ on GRE.
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.
Scores Required
100 / 120
Avg. Score in
TOEFL
7 / 9
Avg. Score in
IELTS
550 / 800
Avg. Score in
GMAT
68 / 90
Avg. Score in
PTE
310 / 340
Avg. Score in
GRE
Required Document List
- CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
- Online application form: Students have to submit an online application form at the official website.
- All post-secondary transcripts: Students have to submit all official documents containing student’s grades. Thus, post-secondary transcripts refer to undergraduate, graduate, medical school, law school, or other higher education transcripts.
- 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.
- Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Electronic Official transcripts: Submit copies of official transcripts from post-secondary institutions attended in PDF format.
- Personal Statement: It should include a brief overview of themselves, strengths, and any work experience and/or education that students have.
- Statement of research interests: Student has to fill their interesting research work area in the application form.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
- Admission Interviews: Students have to give interviews after submitting and selection of the online application form.
Course Guides
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Career and Placement after Course
Possible job opportunities for students are:
- Investment Bankers
- Chief Financial Officers
- Traders
- Venture Capitalists
- Money and Portfolio Managers
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| UAlberta Master's Entrance Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeCollege-Specific | |
| Alberta Graduate Excellence Scholarship (AGES) | Scholarship per student 8,312/Yr$8,312 | Level Of StudyDoctorate | TypeCollege-Specific | |
| Ontario Graduate Fellowship | Scholarship per student 8,459/Yr$8,459 | Level Of StudyDoctorate | TypeMerit-Based | |
| Aga khan Foundation Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| QS Scholarship for Academic Excellence | Scholarship per student 10,000/Yr$10,000 | Level Of StudyMaster | TypeMerit-Based | |
| BrokerFish International student scholarship | Scholarship per student 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
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