Top 10 Universities for Masters in Finance Canada
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Top 10 Universities for Masters in Finance Canada

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Raj
Raj Vimal
Assistant Manager Editorial
Updated on Aug 29, 2024 02:13 IST

Studying Masters in Finance in Canada can prove to be extremely beneficial for international students as it can open up the doors to good job opportunities in Canada and outside. Good academic performance, cost of living, and good scores in language proficiency exams are the key eligibility to pursue this course in Canada.

Top Universities in Canada for Masters in Finance

Considering Canada for a Master's in Finance? Every year many students submit admission applications to the top universities in Canada to pursue a master's in Finance. With its strong financial institutions and reputable universities, Canada offers a compelling option for pursuing this advanced degree. The average salary in Canada for finance graduates is CAD 65,292 per year. 

Canada offers a wide range of Masters in Finance programmes across its top-ranked Universities. Various concentrations such as corporate finance, investment management, financial analysis, etc. provide an opportunity to work in diverse fields. In this article, we are going to cover a list of top universities in Canada for Masters in Finance courses, its benefits, total cost and other related information.

Table of contents
  • Top Reasons to Choose Canada for Masters in Finance
  • Best Universities for Masters in Finance Canada
  • Masters in Finance Canada Eligibility
  • Masters in Finance Canada Cost

Top Reasons to Choose Canada for Masters in Finance

Canadian universities are known for giving students the right skills and knowledge needed for a good career in the finance sector. The Masters in Finance (MS in Finance or MFin) is one of the most popular finance courses in Canada. It is available in both full-time and part-time study options at top Canadian universities and colleges. Here’s why Canada is a great choice for you.

MSc Finance programs in many Canadian universities focus on practical learning. You get many chances to grow your career, gain real-world experience, and improve your professional skills. A Master’s in Finance degree gives you strong knowledge and ability to make important financial decisions in your job.

Doing your Masters in Finance in Canada can open doors to a promising career after graduation. Many Canadian universities have strong connections with the business world, which helps students meet industry experts, join internship programs, and build a strong professional network for the future.

Best Universities for Masters in Finance Canada

Masters in Finance Canada University

QS Ranking 2025

Course Name

Tuition Fees

University of Toronto

(Shiksha Grade: A++)

25

Master of Accounting and Finance

$41,550 (2024-25)

McGill University

(Shiksha Grade: A+)

29

Master of Management – Finance

CAD 28,161 (Winter 2024)

The University of British Columbia

(Shiksha Grade: A++)

38

MSc in Business Administration in Finance

$17,715 (Per Instalment)

University of Waterloo

(Shiksha Grade: A)

115

Master of Quantitative Finance

$8,620 (Per Term)

Western University

(Shiksha Grade: B++)

120

Master of Financial Economics

$18,436 (Per Instalment)

McMaster University

(Shiksha Grade: A)

176

Master of Finance

$3,794.40 (Per Course)

Simon Fraser University

(Shiksha Grade: B+)

319

MSc Finance

$2,025.60 (Per Term)

York University

(Shiksha Grade: B)

362

Master of Financial Accountability

$36,722 (Per Year)

Concordia University

(Shiksha Grade: C++)

415

Master of Science in Finance

$844.26 (Per Credit)

University of Windsor

(Shiksha Grade: C++)

547

Master of Management - International Accounting and Finance

$10,750 (2023-24)

Note: Tuition fees mentioned in the table above have been sourced from official websites. However, these are subject to change as per university norms. It is advised that students check the official websites of the universities as well.

Masters in Finance Canada Eligibility

The eligibility requirement for MS in Finance are:

  • UG Degree
  • Standard Test Scores
  • English Language Requirements
  • Statement of Purpose
  • Letters of Recommendation
  • Admission Essays
  • Resume.
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Masters in Finance Canada Cost

Cost of studying Masters in Finance in Canada can range from CAD 10,000 to CAD 42,000 depending on the university. Students will also have to bear the cost of living in Canada, which can average around CAD 19,000 per annum. Students may apply for scholarships and/or work part-time to offset the cost of studying in Canada.

It is important for students to do their own research before making a final decision. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.







About the Author
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Written by
Raj Vimal
Assistant Manager Editorial
Hi, I am Raj. I help Indian students figure out study abroad without the confusion. For 8+ years, mostly in Ed-Tech, I have written about the USA, UK, Canada, Australia, New Zealand, and Singapore. I cover what peo Read Full Bio
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Prayas
UG & PG expert
Armed with a decade of professional experience, Prayas is a connoisseur of the overseas education industry. He holds a post-graduate diploma in marketing and has the knack for finding ideal study options for student Read Full Bio
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