Master of Financial Risk Management
4.0 /5
- Public University
Rotman School of Management
Talk to ExpertMaster of Financial Risk Management at U of T Overview
Master of Financial Risk Management
at U of T
The University of Toronto offers a really good Master of Financial Risk Management program at the PG level, which lasts for 10 months. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like IELTS and TOEFL. The University of Toronto tuition fee for the first year of the Master of Financial Risk Management is CAD 72,480. Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 10 months Get Curriculum |
Tuition & Fees | ₹45.61 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Financial Risk Management
Table of contents
Master of Financial Risk Management at U of T Fees
Master of Financial Risk Management
at U of T
For attending the University of Toronto for Master of Financial Risk Management, students have to pay the tuition fee as well as the living expenses. The University of Toronto Master of Financial Risk Management fee structure varies for domestic and international students.
Foreign students will have to pay CAD 72,480 for the first-year of study. Other than the annual tuition fee, they will also have to cover the living expenses (includes housing, food, transportation, books and supplies, and other miscellaneous expenses), which is around CAD 17,878 for overseas students. Based on the student’s lifestyle and purchasing power, the cost of living varies.
Refer to the table below for the breakdown of expenses for the University of Toronto Master of Financial Risk Management cost of attendance:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 45,61,166 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 11,25,063 |
| Insurance | INR 47,575 |
Calculated at the exchange rate of 1 CAD = INR 62.93 | Tuition & expenses were last updated on 4ᵗʰ February 2025Master of Financial Risk Management at U of T Curriculum
Master of Financial Risk Management
at U of T
Students thinking to pursue University of Toronto Master of Financial Risk Management course can check out the green button below to have an idea about the curriculum. This is the curriculum PDF and comprises details such as subjects taught, electives available and other course-related content.
Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
Master of Financial Risk Management at U of T Entry Requirements
Master of Financial Risk Management
at U of T
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3/4
- Read less
- A recognized four-year undergraduate degree or equivalent:
- Minimum B average required across courses in the final year but most students admitted will have a considerably higher GPA. Business, commerce, economics, mathematics, engineering or actuarial science degrees will be preferred, but other 4-year undergraduate degrees will be considered if there is evidence of strong quantitative skills
- Evidence of a high level of proficiency (a GPA of at least 3.0) in quantitative subjects such as calculus, linear algebra, statistics and econometrics is required. In cases where evidence of quantitative ability is not obvious, applicants may be asked to supply a GMAT/GRE score or other supplementary evidence of quantitative ability
-
Before the program begins in September, admitted students must have completed courses in the following areas as part of their undergraduate degree:
- Foundations of Finance
- Financial Accounting
- Financial Derivatives
- Investments
- If applicants have not completed courses in these areas as part of their undergraduate degree, they can obtain an offer of admission that is conditional on passing a qualifying exam for each prerequisite that is missing
- Applicants who have completed Level I, II or III of the CFA Study and Examination program may be exempt from prerequisite courses
- Indian equivalencies:-
- 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
- Masters Equiv: MPhil; MTech; MEng; MSc (Eng)
- A recognized four-year undergraduate degree or equivalent:
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GPA
Percentage
CGPA
Out of 10
3 year degree accepted
- 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
Out of 10
TOEFL
- No specific cutoff mentioned
- With minimum 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
PTE
- No specific cutoff mentioned
IELTS
- No specific cutoff mentioned
- With no band below 6.5
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Duolingo
- No specific cutoff mentioned
Other eligibility criteria
- Prior to starting the program, all admitted students must complete a four-week Python for Business Course that will be offered by the Rotman School of Management
- The course is to ensure everyone in the program has a minimum base level ability with Python. It will consist of two tests and a guided capstone project. The course is a beginner to moderate level
- Demonstration of academic ability though high GMAT/GRE score is encouraged
Sign-up to view details
Master of Financial Risk Management at U of T Application Process
Master of Financial Risk Management
at U of T
Step one
Prepare documents for application
LOR
- Two recommendation forms must be completed online by your referees
- While both referees should be academic, applicants who are applying to the MFRM with some work experience, are welcome to submit one academic and one professional reference. If possible, we encourage you to have at least one reference from a professor who taught you in a quantitative course
ESSAYS
- One written essay
CV
- Copy of resume
Step two
Additional documents required
- Official academic transcripts
- English-language proficiency
- Video Questions & Real-time Written Response
- All candidates will be asked to record a video response to two questions and complete a real-time writing exercise in order to demonstrate their professionalism and communication skills
Step three
Start your online application
Step four
Application fees for this course
CAD 195 = INR 12.27 Thousand
Mode of payment: Credit card
Step five
Application deadline
Fall (Sept): 7th Feb
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
Master of Financial Risk Management at U of T Rankings
Master of Financial Risk Management
at U of T
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #17 | |
| #24 |
Master of Financial Risk Management at U of T Placements
Master of Financial Risk Management
at U of T
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
University of TorontoStudents Ratings & Reviews
4/5
40 Verified ReviewsStudent Views (Based on Reviews)
- 26% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Friendly
Liberal
Internships3.5
Part time work3.3
Post study jobs4.3
Quality of faculty4.5
Student Life4.3
Value for money3.5
Public transportation4.5
Safety4.5
Indian Food4.3
Permanent Immigration3.6
A
Anonymous
Master of Science in Clinical Epidemiology and Health Care Research - Batch of 2027
Offered by University of Toronto
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
A
Anonymous
BSc Hons in Molecular Biology - Batch of 2028
Offered by University of Toronto
3.6
Though competitive in academics, there are many resources to help students along the way.
Tips: Quite the academically inclined college. Academics are rigorous, but the quality of education is also great! Resources are available to students to help throughout education such as health and counselling services, recreational services, women's equity centre, etc.
Likes (Public transportation): Free bus is very helpful. Many free resources are invested in by the student union. These resources, including free busing for students, health insurance, free counselling services, allow students to have the resources they need in order to do well.
Dislikes (Post study jobs): In Biology, an undergraduate degree is often insufficient in the job hunt. Post-grad jobs after a Biology undergraduate degree can be very competitive due to this. Due to the competitiveness, it can be overwhelming for students to try and find jobs after graduation.
Total Monthly ExpenseCAD 1825
Prepping time for classes46 hours/Week
Expected Annual SalaryCAD
A
Anonymous
BSc Hons in Bioinformatics - Batch of 2026
Offered by University of Toronto
3.9
Good to learn and spend time on campus.
Tips: Great place to step out of your comfort zone and grow as a person. You will be exposed to all sorts of people from all over the world as well and you'll get the opportunity to experiment with your interests and ideas both within and outside the classrooms. The campus is huge and welcoming and you'll be occupied for most of the day. Ideal for STEM and business fields.
Total Monthly ExpenseCAD 2600
Prepping time for classes30 hours/Week
Expected Annual SalaryCAD 99100
A
Anonymous
Bachelors of Business Administration - Batch of 2027
Offered by University of Toronto
4
My study abroad life has been good so far.
Tips: Life in Toronto is full of surprises and activity. There's never much of a dull moment here. Classes are well structured and formulated in a way that they cover all essential aspects of your chosen field and the business programs are particularly renowned. Professors are wise and empathetic. Keep essentials from India especially medicines, as the winters can really trigger sickness if you're not used to it. Most of my meals are cooked and most groceries are available as well. Good experiences.
Total Monthly ExpenseCAD 1800
Prepping time for classes33 hours/Week
Expected Annual SalaryCAD 101400
A
Anonymous
BBA in Management and Accounting/ Master of Accounting and Finance - Batch of 2027
Offered by University of Toronto
3.7
Safe and inclusive campus.
Tips: I have experienced ups and downs being here and my course has managed to improve my analysis and strategic thinking. I am planning on applying for jobs after the completion of my undergrad but I am expecting a lot of competition as well. The city is safe and accepting to live in. Good alumni network.
Total Monthly ExpenseCAD 1600
Prepping time for classes30 hours/Week
Expected Annual SalaryCAD 98325
View All 43 Reviews
Master of Financial Risk Management at U of T Highlights
Master of Financial Risk Management
at U of T
- The Master of Financial Risk Management (MFRM) is designed to prepare students who excel at finance and quantitative analysis for careers in this in-demand sector
- A bridge between academic and professional life, this full-time, ten-month program allows students to fast-track into the finance industry-giving them a competitive edge over applicants with only an undergraduate degree
- Students will gain a better understanding of the different types of risk, the regulatory environment, and how different financial institutions manage uncertainty
- Students have the opportunity to gain real-world experience during the Risk Management Project which takes place midway through the program
Read more
Master of Financial Risk Management at U of T Scholarships
Master of Financial Risk Management
at U of T
Class Profile
| Average class profile for this course | |
|---|---|
| Bachelors GPA / Percentage | 3.6 |
| GMAT Score Average | 717 |
| Student Age | 23 years |
| Percentage of International Students | 56% |
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About the author
A tech enthusiast, Kartik has graduated with a Bachelor of Computer Application from the IMS Ghaziabad 2023 batch. Kartik loves to learn about Cybersecurity and Cybercrime. Also, his hobbies are such as traveling, trekking, cooking, and more. Moreove...Read Full Bio
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Master of Financial Risk Management at U of T Contact Information
Master of Financial Risk Management
at U of T
Address
27 King's College Circle, Toronto, Ontario M5S 1A1 Canada
Toronto ( Ontario)
Phone
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