Master of Mathematical Finance (MMF)
at U of T, Toronto

4.2 /5

(30 Reviews)

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#1 in MIM in Canada

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Public University
School of Graduate Studies

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Master of Mathematical Finance (MMF)
at
U of T
Overview

The University of Toronto is a popular destination among international PG students interested in pursuing Master of Mathematical Finance (MMF) from abroad. The program can be pursued over a duration of 1 year. The University of Toronto Master of Mathematical Finance (MMF) program is considered part of the top ranked courses in Canada. Candidates interested in pursuing the course must satisfy the specified eligibility criteria and secure valid scores in exams such as TOEFL. Interested candidates are required to submit respective admission applications as soon as the admission window opens as there are limited seats to be filled.

The first year tuition fee for Master of Mathematical Finance (MMF) at University of Toronto is around CAD 57,970. Students must also plan for some other additional costs they may incur over the duration of studies such as rental, groceries, books, health insurance, etc. The average estimated cost of living at University of Toronto is around CAD 15,870.

Duration	1 year
Tuition & Fees	₹37.21 Lakh Get Fees details
International Students Admission Website	Go to Website
Official Career Service Website	Go to Website
Course Level	PG Degree

Master of Mathematical Finance (MMF)

Table of content

Overview
Fees
Entry Requirements
Rankings
Placements
Highlights
Scholarships

Master of Mathematical Finance (MMF)
at
U of T
Fees

University of Toronto Master of Mathematical Finance (MMF) fee structure includes first-year tuition fee that all the students have to pay. Apart from the tuition fee, the students also have to spend money on stay, food and other utilities, which comprises cost of living, which is CAD 15,870. The total expense may vary, depending on the additional charges provided by the University of Toronto. The total first-year tuition fees of Master of Mathematical Finance (MMF) is CAD 57,970.

To know more about University of Toronto Master of Mathematical Finance (MMF) fee breakup, check out the table below:

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 37,21,094

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 10,18,695
Insurance	INR 48,528

Calculated at the exchange rate of 1 CAD = INR 64.19 | Tuition & expenses were last updated on 17ᵗʰ December 2024

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Download exam sample paper

Master of Mathematical Finance (MMF)
at
U of T
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

No specific cutoff mentioned

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GPA

Percentage

CGPA

TOEFL

Marks - 93/120
22 on the writing and speaking sections

Register for TOEFL iBT® Test Today and get Rs 500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL

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Convert your CGPA to GPA

Calculate your score and check your eligibility at over 2000+ universities.

GPA

Percentage

CGPA

PTE

No specific cutoff mentioned

Duolingo

No specific cutoff mentioned

Conditional Offer Lock Icon

Yes
Most of the university's admission decisions are based on interim marks, and so the majority of its offers are typically conditional on achieving acceptable final standing. Students are expected to maintain consistent academic standing for the duration of their high school (and post-secondary, if applicable) studies
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Master of Mathematical Finance (MMF)
at
U of T
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#17	Masters in Business Analytics QS, 2026
#24	PG Business and Economics THE (Times Higher Education), 2025

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Master of Mathematical Finance (MMF)
at
U of T
Placements

Particulars	Statistics (2021)
Internship Available	Yes

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University of Toronto
Students Ratings & Reviews

4.2/5

27 Verified Reviews Info Icon

Student Views (Based on Reviews)

37% students never faced discrimination in this university

Vibe of Campus

Academically oriented

Multi-dimensional

Friendly

Stressful

Internships3.9

Part time work3.7

Post study jobs4.3

Quality of faculty4.5

Student Life4.3

Value for money3.8

Public transportation4.5

Safety4.4

Indian Food4.5

Permanent Immigration4

Anonymous

BA (Hons) in Economics - Batch of 2028

Offered by University of Toronto

4.4

The faculty is extremely well-qualified and leading in their respective fields.

Tips: There is definitely a lot of exposure to different cultures, and a lot of freedom given to students. Students at the University of Toronto Mississauga are in charge of their own studies, which I think was probably the biggest cultural change. Unlike in school, you are responsible for your own progress, and nobody will follow up with you. You take charge of your education and assignments. Overall, I am extremely satisfied with the experience. While the workload can be tough, the assignments help us gain a better understanding of the topic and subject. The University of Toronto has definitely helped shape my personality and made me more independent.

Likes (Quality of faculty): The faculty is extremely well-qualified and leading in their respective fields. Professors are increasingly helpful and kind, especially during office hours, and will patiently explain concepts until fully understood. Some professors go out of their way to accommodate students. Teaching assistants are also extremely helpful. The teaching methodology is mainly research-centric, with many assignments involving research and project work, which aids in better understanding. The campus's diversity is reflected in the teaching faculty, with professors of various nationalities.

Dislikes (Public transportation): The campus is well-connected to the rest of the city, being a major bus stop in Mississauga with nearly all buses passing through. While bus connectivity is excellent, occasional delays do occur, though rarely. I've rated it four stars because, although there's good bus service, the train connectivity throughout the city isn't as strong, and you'll primarily rely on buses.

Total Monthly ExpenseCAD 2000

Prepping time for classes20 hours/Week

Expected Annual SalaryCAD

Reviewed on 27 Aug 2025Read more

Vivek Chaudhary Verified Icon

One-Year Executive MBA - Batch of 2026

Offered by University of Toronto

3.9

Participation is seen as a necessity, not just optional.

Tips: I have seen lots of changes in myself after coming here, and participation is seen as a necessity, not just optional. There is a strong Indian community here, which gives me a sense of familiarity, and there are also various part-time jobs you can try out, such as in fast-food restaurants or grocery stores. They're relatively open to hiring students. I didn't get any scholarships, but I would say I am satisfied and happy here.

Total Monthly ExpenseCAD 3150

Prepping time for classes38 hours/Week

Expected Annual SalaryCAD 85225

Reviewed on 30 Jun 2025Read more

Radz

BSc Hons in Data Science - Batch of 2026

Offered by University of Toronto

Hard coursework and degree.

Tips: The programme I am in is beyond challenging. You'll need to grind harder than you're prepared for to make it through. It’s a lot of work, but I believe it's worth it. There are tons of job opportunities in the Toronto STEM job market, so none of your hard work will go to waste, and the good thing is that there’s a huge market for STEM in Toronto, so no skill of yours will ever be wasted. There will be sleepless nights because of endless assignments and deadlines, but the market for your skills here is large, so it will ultimately be worth it.

Total Monthly ExpenseCAD 2725

Prepping time for classes34 hours/Week

Expected Annual SalaryCAD 92925

Reviewed on 30 Jun 2025Read more

Anonymous

BSc Hons in Developmental Biology - Batch of 2025

Offered by University of Toronto

3.8

Great place to study and grow significantly.

Tips: Since my major is slightly unconventional, my experience has also been unique. The campus is big, people are nice and there's stuff to do. It took me a while to understand the credit system and one thing you should know is that every class follows a different format for grading. The labs are fancy and the professors are pioneers. Great place to learn.

Total Monthly ExpenseCAD 3675

Prepping time for classes35 hours/Week

Expected Annual SalaryCAD 89075

Reviewed on 30 Jun 2025Read more

Anonymous

Master of Science in Biomedical Communications(MScBMC) - Batch of 2026

Offered by University of Toronto

The environment here is quite fast-paced, and there's plenty of diversity.

Tips: The environment here is quite fast-paced, and there's plenty of diversity, giving it a very multicultural feel. Homesickness is real, but there are tons of clubs, activities, and campus events to look forward to, and the Indian restaurants are surprisingly quite good. My classes encourage a lot of discussions and out-of-the-box thinking.

Total Monthly ExpenseCAD 2500

Prepping time for classes33 hours/Week

Expected Annual SalaryCAD 83675

Reviewed on 30 Jun 2025Read more

View All 30 Reviews

Master of Mathematical Finance (MMF)
at
U of T
Highlights

Master of Mathematical Finance (MMF) is offered by School of Graduate Studies under University of Toronto, Canada.
This a Masters level program of a course duration of 1 Years.
Download the brochure to read more details of this course.

Master of Mathematical Finance (MMF)
at
U of T

Scholarships

Ontario Graduate Scholarship- Other Master Programs

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About the author

Akansha katariya

Study Abroad Expert

Akansha katariya is a content creator at shiksha.com, creating content for study abroad. Having pursued B tech. in Electronics and communication from RGPV University, she has been creating content across diverse domains. When not guiding students, sh...Read Full Bio