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Master of Financial Economics (MFE) 

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  • Institute IconDepartment of Economics
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Master of Financial Economics (MFE)
 at 
U of T 
Overview

Duration

1.5 - 2 years
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Tuition & Fees

42.52 Lakh
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Course Level

PG Degree

Master of Financial Economics (MFE)
 at 
U of T 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 42,51,957
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
Hostel & MealsINR 11,33,466
InsuranceINR 51,930
Info IconCalculated at the exchange rate of 1 CAD = INR 68.69074 | Tuition & expenses were last updated on 2ⁿᵈ January 2026







Master of Financial Economics (MFE)
 at 
U of T 
Curriculum

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Master of Financial Economics (MFE)
 at 
U of T 
Entry Requirements

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Master of Financial Economics (MFE)
 at 
U of T 
Application Process

Step one
Prepare documents for application
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LOR
  • Applicants must have 2 academic references
    • with at least 2 years of professional experience may request the MFE program for permission to submit one academic and one professional reference
CV
  • Applicants need to Submit a one-page resume in PDF format.

Master of Financial Economics (MFE)
 at 
U of T 
Rankings

Master of Financial Economics (MFE)
 at 
U of T 
Placements

ParticularsStatistics (2023)
Internship AvailableYes,
Lock IconTop Recruiters for U of T
American Express
Capital One
Citigroup
Deloitte
Ernst & Young
Goldman Sachs

University of Toronto
Students Ratings & Reviews

4.1/5
Verified Icon44 Verified ReviewsInfo Icon
Student Views (Based on Reviews)
  • 30% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Friendly
Stressful
Internships3.5
Part time work3.4
Post study jobs4.3
Quality of faculty4.5
Student Life4.4
Value for money3.6
Public transportation4.5
Safety4.4
Indian Food4.3
Permanent Immigration3.7
A
AnonymousVerified Icon
BSc Hons in Physics and Astrophysics - Batch of 2026
4.5
Challenging yet Fulfilling experience at the University of Toronto
Tips: 1) The transition is the most difficult part of the process. There is a huge cultural shift, and the only way to overcome it is with time. I have become very independent, and honestly, the experience gives one the confidence to survive and thrive in any situation in any part of the world. 2) I received the International Scholars Award that contributes $180,000 towards my tuition at the university. It's an admission award given based on the student profile. 3) I am very satisfied with my education. I feel very confident about my future career options because of the skills and the opportunities I have gained over the last 4 years at the university.
Total Monthly ExpenseCAD 1600
Prepping time for classes50 hours/Week
Expected Annual SalaryCAD
Reviewed on 23 Jun 2026Read more
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A
AnonymousVerified Icon
BA (Hons) in Economics - Batch of 2028
3.9
Learning about myself everyday
Tips: Just come with an open mind, because almost every social norm is different from back home, and to thrive, you need to be social; otherwise, you might end up alone. I feel communication is by far the most important skill, so put yourself out there in situations where you are comfortable and have to communicate in all sorts of situations and with people from diverse backgrounds.
Likes (Student Life): The campus being in the heart of downtown Toronto, you can never get bored, and there is so much to do. The thing I enjoy most about my college life is to go on random side quests with my friend, play a random sport, explore the city, etc. I don't really participate much on campus, but there are tons of communities and opportunities.
Dislikes (Internships): Some faculty members' resources are very limited, and they don't prepare you very well for networking and job hunting. You need to do the majority of the work yourself, and even seeking help hasn't been very useful from my personal experience. Internships in Toronto are available in almost all fields.
Total Monthly ExpenseCAD 2350
Prepping time for classes16 hours/Week
Expected Annual SalaryCAD 90600
Reviewed on 19 Jun 2026Read more
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S
Sayantani Upadhyay Verified Icon
Master of Science in Biochemistry - Batch of 2028
4.7
Life and Research at UofT
Tips: Look, let's be totally real about U of T—the place is a brutal academic monster. There's a genuine reason everyone on campus calls it 'U of Tears.' The workload is just insane, the standards are ridiculously high and it honestly takes over your entire life. But if you can survive the grind, the sheer scale of the courses, the world-class mentorship, and the research opportunities you get access to are unmatched. Because Toronto is easily the most multicultural city in Canada, that exact energy bleeds right onto the campus. You'll find your people here pretty quickly, and blending into the student population isn't the hard part. The real challenge for international students is locking down doctoral funding. While U of T does guarantee a baseline graduate stipend package to support PhDs, direct international scholarships are highly competitive and limited. If you can secure your financial footing, it is easily one of the best, most well-equipped places on the planet to pursue serious research.
Likes (Permanent Immigration): I understand that Canada is still welcoming immigrants and is not as tight in providing permanent residency (PR) to immigrants as many other countries right now. Students pursuing higher education may have a higher chance of getting a PR here. If available oppourtinities feel right, I may decide to stay longer in this country.
Total Monthly ExpenseCAD 2200
Prepping time for classes50 hours/Week
Expected Annual SalaryCAD 65000
Reviewed on 14 Jun 2026Read more
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A
AnonymousVerified Icon
Bachelor of Applied Science in Civil Engineering - Batch of 2026
3.7
Very independent and structured.
Tips: Very research oriented yet fun loving campus. You'll learn a lot more than you initially sign up for yet you'll get an experience to cherish. Professors are very patient and available which makes things easier and the campus is very diverse as well. Learning format is independent and you'll be responsible for your own pace of learning.
Total Monthly ExpenseCAD 1650
Prepping time for classes34 hours/Week
Expected Annual SalaryCAD 103725
Reviewed on 21 Jan 2026Read more
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A
AnonymousVerified Icon
Master of Science in Clinical Epidemiology and Health Care Research - Batch of 2027
3.9
Good for exposure and growth.
Tips: I have had a mostly positive experience at university and it has taught me to become more self reliant and capable than before. The academic culture is more straightforward and optional reading isn't exactly optional. Scholarships can also be awarded as the academic year progresses. Part time jobs on campus are limited and very sought after so you'll be lucky to get one.
Total Monthly ExpenseCAD 1800
Prepping time for classes31 hours/Week
Expected Annual SalaryCAD 100650
Reviewed on 30 Nov 2025Read more
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View All 47 Reviews
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Master of Financial Economics (MFE)
 at 
U of T 
Highlights

  • The Master of Financial Economics (MFE) program is a imited-enrolment professional program offered jointly by Canada’s top Economics Department and top business school, Rotman School of Management
  • The MFE program provides a broad understanding of financial theory and the economics framework upon which that theory is based
  • It has an excellent track record of placing its graduates in investment banking, corporate banking, sales and trading, private equity, asset/portfolio management, economic/strategy consulting, hedge funds, risk management and the public sector
  • Students will study subjects such as Economic Theory-Microeconomics, Economic Theory-Macroeconomics, Options and Futures Markets, Corporate Financing, Security Analysis and Portfolio Management etc.
Read more

Master of Financial Economics (MFE)
 at 
U of T 
Scholarships

Scholarship information is not available. You can apply to non-college specific scholarships available for Canada.
View all 15 scholarships
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With over 6 years of overall work experience in Content Writing, Chandra Shekhar has worked on various content writing profiles like Technical and Education-based. He has been involved in writing for higher education and abroad studies for more than ... Read Full Bio

Master of Financial Economics (MFE)
 at 
U of T 
Contact Information

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27 King's College Circle, Toronto, Ontario M5S 1A1 Canada
Toronto ( Ontario)

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