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

4.0 /5

(43 Reviews)

Shiksha popularity ranking

#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 starting Master of Mathematical Finance (MMF) from abroad. The program lasts for a duration of 1 year. The Master of Mathematical Finance (MMF) program is considered part of the top ranked courses in Canada. Candidates interested in pursuing the course must meet the eligibility criteria and secure valid scores in exams such as TOEFL. The interested students should fill the form as soon as possible because the application window opens for a short time only. 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 over the duration of studies such as rent, 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	₹36.48 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 contents

Overview
Fees
Entry Requirements
Rankings
Placements
Highlights
Scholarships

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

For attending the University of Toronto for Master of Mathematical Finance (MMF), students have to pay the tuition fee as well as the living expenses. The University of Toronto Master of Mathematical Finance (MMF) fee structure varies for domestic and international students.

Foreign students will have to pay CAD 57,970 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 15,870 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 Mathematical Finance (MMF) cost of attendance:

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 36,48,052

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 9,98,699
Insurance	INR 47,575

Calculated at the exchange rate of 1 CAD = INR 62.93 | 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

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GPA

Percentage

CGPA

PTE

No specific cutoff mentioned

Duolingo

No specific cutoff mentioned

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

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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

4/5

40 Verified Reviews Info Icon

Student 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

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

Reviewed on 30 Nov 2025Read more

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

Reviewed on 27 Nov 2025Read more

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

Reviewed on 20 Nov 2025Read more

Anonymous

Bachelors of Business Administration - Batch of 2027

Offered by University of Toronto

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

Reviewed on 29 Oct 2025Read more

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

Reviewed on 26 Oct 2025Read more

View All 43 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

Tasneem Hoda

Study Abroad Expert

Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio