MSc in Financial Engineering atHEC Montreal


16 months - 2 years (Full Time)

Course Level

PG Degree

International Students Admission Website

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Type of University


Year of establishment



  • The program will provide students the means to analyze, evaluate and develop tools for dealing with today's financial challenges
  • Upon successful completion of the program students may pursue a career as an Account manager, Development adviser, Fixed income analyst, and Risk management analyst
  • The curriculum of the program includes subjects such as Fixed Income Securities, Derivatives, Stochastic Calculus, Portfolio Management etc.


    Fees & Expenses
    1st year tuition fees
    Fees componentsAmount
    Tuition & feesINR 10,65,139
    Other expenses in 1st Year
    Fees componentsAmount
    InsuranceINR 40,559
    Personal ExpensesINR 61,640
    TotalINR 1,02,199

    Calculated at the exchange rate of 1 CAD = INR 61.64


    Tuition & expenses were last updated on 13ᵗʰ November 2022

    Entry Requirements

    QualificationEntry Criteria

    No specific cutoff mentioned


    No specific cutoff mentioned

    • Applicant must hold a university diploma/degree giving access to a master’s program at his original university, with an average of at least 12 out of 20 for all years of university


    Marks - 95/120


    No specific cutoff mentioned

    • Minimum recommended score of 630


    Marks - 7/9


    No specific cutoff mentioned

    • Overall score equivalent to the GMAT score

    Other eligibility criteria
    ELP requirement may be waived if the applicant has one of the following:: Completed high school studies entirely in English, without taking any welcome or anglicization courses, OR Completed three years (90 credits) of university studies entirely in English, at an English-language university (excluding internships, directed studies, and theses)
    Conditional Offer


    If the admission is conditional, as specified in the admission letter, students must provide official documents of their undergraduate studies.

    Application Process

    Step 1: Prepare documents for application

    • At least two letters of recommendation, preferably from professors or, if not possible, from people of workplace

    Step 2: Additional documents required

    • Copies of Official Transcripts
    • Copies of university diplomas
    • English Language Proficiency
    • Official GMAT/GRE scores
    • Proof of professional titles (order, association, etc.), if applicable
    • A motivational letter including answers to the following questions:
      1. Choice of the program :
        What professional and intellectual concerns motivate the applicant to pursue Masters-level studies in Administration? Please also explain the choice of specialization
      2. Career plan :
        What type of job does the applicant think he will have after completing the Master’s in Administration (e.g. what type of company, positions, and responsibilities)?
      3. Fields of interest :
        What are the fields of interest, for research or supervised project?
      4. Work experience (optional)
        Briefly explain any work experience applicant may have if it is relevant for admission application

    Step 4: Application fees for this course

    CAD 291 = INR 17.94 Thousand
    Mode of payment: Credit card

    Step 5: Application deadline

    Fall (Sep 2021): Mar 15, 2021
    Scholarship information is not available. You can apply to non-college specific scholarships available for Canada.

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