$88,200 /Yr
On-campus
full_time
Master of Arts [M.A] Financial Economics
- Masters in Financial Economics at the University of Toronto is offered a 16 months (4 sessions) program.
- This course is offered on a full-time basis.
- The University of Toronto also ranked 2nd in Maclean’s Top 10 in 2020 for business programs.
- Students must complete intensive mathematics, statistics, and accounting review, 6.0 full-course equivalents (FCEs) or 12 half courses, and a four-month summer internship.
- This program provides a broad understanding of financial theory and the economic framework upon which that theory is based.
- The faculty and student ratio for this program is 1:19.
- The Full-Time Financial Economics Program has approximately 350 spaces for the September 2020 start.
- Students can apply for scholarship programs initiated by the Government of Canada up to 40,664 USD per year.
- Students may have job opportunities as Financial Examiners, Business Analyst, etc with an average salary of 47,199 USD per year.
Tution & Application Fees
| Semester | Semester 1 | Semester 2 | Semester 3 |
| Tuition Fees | $40455 | $41670 | $42923 |
| Health Insurance | $540 | $540 | $540 |
| Books and supply | $1125 | $1125 | $1125 |
| Other Fees | $1373 | $1373 | $1373 |
| Total Fees | $43493 | $44708 | $45960 |
Examinations
| Exam Type | Exam Name | Score | Out of Score | Exam Level |
|---|---|---|---|---|
| TOEFL | Test of English as a Foreign Language | 93 | 120 | 3 |
| IELTS | International English Language Testing System | 6.5 | 9 | 3 |
| GRE | Graduate Record Examination | 309 | 340 | 2 |
| GMAT | Graduate Management Admission Test | 660 | 800 | 2 |
Academic Eligibility:
- Applicants should have an appropriate bachelor’s degree with at least a mid-B (75%) standing in the final year of the program.
- Successful completion of courses in calculus, intermediate microeconomics, intermediate macroeconomics, and statistics.
- Applicants who do not hold a degree from a Canadian university must submit an official Graduate Record Examination (GRE) General Test score or a Graduate Management Admission Test (GMAT) score.
Indian Student Eligibility:
Indian students are eligible to apply if they meet one of the following eligibility criteria:
- Applicants must have completed or must be in the final year of an appropriate bachelor's degree program from a recognized university, with a B+ standing in the final year of that program
- Applicants must have a strong preparation in economics, including full-year courses in intermediate-level micro and macro theory, and full-year university-level courses in each of calculus and statistic
- Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 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
Students must be qualified in IELTS or TOEFL and GRE to get admission in this program.