Master of Quantitative Finance
3.9 /5
- Public University
Faculty of Mathematics
Talk to ExpertMaster of Quantitative Finance at Waterloo University Overview
The University of Waterloo is among the popular universities to study Master of Quantitative Finance from abroad. The duration of the program is 16 months. The first-year University of Waterloo tuition fees for Master of Quantitative Finance is around CAD 28,309. Students must plan to manage their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university. The average estimated cost of living is around CAD 9,695.
Applicants must meet the University of Waterloo admission requirements to study the course. They must submit an online application by the course deadline to get into the university.
Duration | 16 months Get Curriculum |
Tuition & Fees | ₹17.43 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Curriculum
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
Master of Quantitative Finance at Waterloo University Fees
For attending the University of Waterloo for Master of Quantitative Finance, students have to pay the tuition fee as well as the living expenses. The University of Waterloo Master of Quantitative Finance fee structure varies for domestic and international students.
Foreign students will have to pay CAD 28,309 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 9,695 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 Waterloo Master of Quantitative Finance cost of attendance:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 17,43,144 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 12,92,915 |
| Insurance | INR 48,528 |
Calculated at the exchange rate of 1 CAD = INR 64.19 | Tuition & expenses were last updated on 17ᵗʰ March 2025Master of Quantitative Finance at Waterloo University Curriculum
Students who wish to learn more about University of Waterloo Master of Quantitative Finance program can simply click the green button below. The curriculum PDF contains all essential details, including course structure, electives, specializations, and duration. Additionally, it provides a semester-wise breakdown, making it easier to understand the overall program layout.
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Master of Quantitative Finance at Waterloo University Entry Requirements
- No specific cutoff mentioned
- 80%
- Read less
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An honours degree (or equivalent) in a quantitative discipline with at least an 80% average.
- India Specific qualification: Applicants must have completion of at minimum a 4-year Bachelor degree or, completion of both a Bachelor degree (less than 4 years in length) and a Master degree with:
- First Class
- 8/10 or Very Good
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Strong analytical skills and ability to handle rigorous mathematical analysis
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Programming skills: Python, Matlab, R, or C++
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Superior verbal and written communication skills
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General knowledge of financial markets and economics
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Demonstrated interest in current developments in finance
- A working knowledge of at least one programming language such as Python is recommended. Other useful languages are VBA, SQL, or C++.
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Work or co-op experience is an asset
- Single and multivariable calculus
- Real analysis
- Linear algebra
- Advanced undergraduate probability
- Advanced undergraduate statistics
- Applicants should be familiar and comfortable with formal, proof-oriented mathematical reasoning and they should be proficient in all of the following subjects:
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Proficiency in these subjects is typically documented through strong grades in corresponding courses. At the University of Waterloo, these would typically include the courses PMATH 351 (Real Analysis) or PMATH 331 (Applied Real Analysis) as well as STAT 333 (Stochastic Processes 1) and STAT 330 (Mathematical Statistics).
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Calculate your score and check your eligibility at over 2000+ universities.
- N/A
- Completion of at minimum a 4-year Bachelor degree or, completion of both a Bachelor degree (less than 4 years in length) and a Master degree is acceptable.
Calculate your score and check your eligibility at over 2000+ universities.
- Marks - 100/120
- With minimum of writing: 26 and speaking: 26
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- No specific cutoff mentioned
- Submission of GMAT score is optional and not required.
- Marks - 68/90
- With writing: 65 and speaking: 65
- Marks - 7.5/9
- With writing 7.0; & speaking 7.0
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- No specific cutoff mentioned
- Submission of GRE score is optional and not required.
- No specific cutoff mentioned
Master of Quantitative Finance at Waterloo University Application Process
- Applicants required to provide names and contact information of three referees (two must be academic)
- Resume is required
- Academic transcripts: Applicants are required to declare all post-secondary education from all past and present universities, colleges and post-secondary institutions attended, whether complete or incomplete.
- Supplementary Information Form:
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The following are the questions on the Supplementary Information Form:
- List courses relevant to quantitative finance. Include course title, main topics and marks achieved. Typical subject areas: finance, mathematics, statistics, probability, economics, and computing. Since the system does not keep your formatting, you will need to place three or four spaces between each course so it is easier to read (about one or two pages total).
- If you have work experience in the financial area, then provide a brief description including company name, your position, time period, responsibility and duties.
- Describe any activities in which you have been involved that demonstrate your leadership skills.
- List the programming languages (such as Python, R, C++, etc.) that you know and the level of skill, for example basic knowledge, intermediate or expert.
- Provide a short statement (about half a page) outlining your interest in the Master of Quantitative Finance (MQF) program. How does the program relate to your past education and experience and your future career goals?
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- English language proficiency score
- Scholarship/sponsorship document (if applicable)
- GRE score (optional):
- GRE scores are valid for five years from the test date.
- Sometimes the questions the program would like the applicant to answer may include a personal statement, letter of intent or statement of interest:
- The main elements of a strong personal statement
- Your interest in the program
- The tools and skills that will help you succeed
- Why
- The main elements of a strong personal statement
Master of Quantitative Finance at Waterloo University Rankings
| Rank | Rank Publisher |
|---|---|
| #126 | |
| #151 |
Master of Quantitative Finance at Waterloo University Placements
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes, The internship is a degree requirement for students in the Research Paper option. It provides students with practical experience in a real-world setting Many students are offered full-time positions b The internship is a degree requirement for students in the Research Paper option. It provides students with practical experience in a real-world setting Many students are offered full-time positions by their internship employers |
University of WaterlooStudents Ratings & Reviews
28 Verified Reviews- Academically oriented
- Multi-dimensional
- Friendly
- Fun loving
- 21% students never faced discrimination in this university
Master of Quantitative Finance at Waterloo University Highlights
- The program focuses on the fundamental disciplines of mathematics, statistics, econometrics, computer science, and finance
- It provides the analytical tools to solve practical problems in the complex and rapidly evolving world of today's financial industry
- Students can complete this program with either the thesis option or Research paper option
- Students will study courses like Foundations of Finance, Theory of Probability, Financial Econometrics and Computer Intensive Methods for Stochastic Models in Finance
Master of Quantitative Finance at Waterloo University Scholarships
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200 University Avenue West, Waterloo Ontario, N2L 3G1
Waterloo ( Ontario)