Master of Finance
at U of T, Toronto

4.1 /5

(47 Reviews)

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#1 in MIM in Canada

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Public University
Rotman School of Management

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Master of Finance
at
U of T
Overview

One of the most famous programs at University of Toronto is Master of Finance at PG course with the duration of 15 months. Indian students applying for Master of Finance program must submit all the required documents as per university guidelines. Indian students must submit proof of English proficiency exams such as IELTS, TOEFL, GRE and GMAT. Indian students must apply as soon as possible, as the seats are limited. University of Toronto tuition fee for first-year is CAD 48,410 (INR 3,335,933). Furthermore, students must prepare themselves for crucial living cost, accommodation, hosted fee, book and more. The cost of living at University of Toronto is CAD 16,501 (INR 1,137,084).

Duration	15 months Get Curriculum
Tuition & Fees	₹32.84 Lakh Get Fees details
International Students Admission Website	Go to Website
Official Career Service Website	Go to Website
Course Level	PG Degree

Master of Finance

Table of contents

Overview
Fees
Curriculum
Entry Requirements
Rankings
Highlights
Scholarships
Class Profile

Master of Finance
at
U of T
Fees

Students can pursue University of Toronto Master of Finance at an affordable cost. The university tuition fees for the program is CAD 48,410 (INR 3,335,933). Apart from tuition fees, students also manage additional costs such as Hostel & Meals, Transportation, Books and Supplies, Personal Expenses, etc. The total expense may vary at the university, depending on the additional charges levied by the University of Toronto.

International students have to make a budget to manage the cost of living, which is CAD 16,501 (INR 1,137,084).

Students can check the table below for University of Toronto Master of Finance fee breakup:

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 32,84,312
Application Fee	INR 13,230

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 11,19,488
Insurance	INR 51,290

Calculated at the exchange rate of 1 CAD = INR 67.84367 | Tuition & expenses were last updated on 26ᵗʰ December 2025

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Master of Finance
at
U of T
Curriculum

Students can download the PDF for getting access to the university's curriculum by clicking on the green symbol below. This PDF contains all of the aspects about Master of Finance course offered by University of Toronto, including the subjects taught, program credits, electives, and the semester-by-semester course structure. Get it now!

Download exam sample paper

Master of Finance
at
U of T
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

CGPA - 3/4
Applicant must hold a four-year undergraduate degree or equivalent

Minimum mid-B average (equivalent to a 3.0 from the University of Toronto) is required across courses in the final year.

Candidates who meet or exceed all other requirements but do not meet the GPA requirement may be eligible for non-standard admission on a case-by-case basis

India specific requirements:

Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 from Indian Institutes of Technology

A Minus GPA: 1st Class/Div or 9/10; 8.5/10 from Indian Institutes of Technology

B Plus GPA: 1st Class/Div or 8.5/10; 8/10 from Indian Institutes of Technology

Bachelors Equiv: Bachelor`s Degree, requiring a minimum of 4 years of study (e.g. BPharm, MBBS, BDS, BTech, BEng, BArch, etc.) or completion of BOTH a Bachelor`s (three-year) degree and a Master`s
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GPA

Percentage

CGPA

3 year degree accepted Lock Icon

N/A
A three-year bachelor's degree is only accepted if it is followed by a master's degree

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GPA

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CGPA

TOEFL

Marks - 100/120
with a minimum of 22 in both writing and speaking

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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GMAT

No specific cutoff mentioned
You are required to show evidence of quantitative proficiency through one of the following

Strong performance (B or higher) in relevant courses (university-level calculus, linear algebra, statistics, or econometrics)

Satisfactory GMAT or GRE
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IELTS

Marks - 7/9
with at least 6.5 across all bands

Get a Full FREE IELTS Prep Course with Shiksha Study Abroad â€“ Limited Seats for Weekend & Weekday Batches! Register now for IELTS

GRE

No specific cutoff mentioned
You are required to show evidence of quantitative proficiency through one of the following

Strong performance (B or higher) in relevant courses (university-level calculus, linear algebra, statistics, or econometrics)

Satisfactory GMAT or GRE
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Work Experience Lock Icon

Minimum: 24 months
Minimum of two years of work experience in finance or a finance-related field strongly recommended.

Other eligibility criteria Lock Icon

University will short-list candidates for an interview. The interview is by invitation only.

Which exams out of the above do I need to give?

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Master of Finance
at
U of T

Frequently Asked Questions

Master of Finance
at
U of T
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#15	Accounting and Finance QS, 2026
#23	PG Business and Economics THE (Times Higher Education), 2026

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Master of Finance
at
U of T

Students also asked

University of Toronto
Students Ratings & Reviews

4.1/5

44 Verified Reviews Info 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

Anonymous

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

Anonymous

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

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

Anonymous

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

Anonymous

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

View All 47 Reviews

Master of Finance
at
U of T
Highlights

Master of Finance is offered by Rotman School of Management under University of Toronto, Canada
The Rotman Master of Finance is established as one of the leading finance programs in the country, with faculty recognized as world-class thought leaders in the field, and an alumni network with deep roots in the Toronto financial sector
The program provides the most in-depth theoretical and applied finance training currently available
Students come from a variety of backgrounds such as financial risk, portfolio management, corporate finance, equity research, accounting, sales and trading, insurance, pensions, and legal settings

Ontario Graduate Scholarship- Other Master Programs

View all 52 scholarships

Class Profile

Average class profile for this course
Work Experience	6 years
GMAT Score Average	679
Student Age	31

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About the author

Akash Gaur

Study Abroad Expert

Akash Gaur, a BTech grad from Ghaziabad, is working as a Content Writer at Shiksha.com. In his role as a Study Abroad expert, Akash takes care of key pages for colleges and universities abroad. He creates, updates, and maintains p... Read Full Bio