Top 10 Universities For Masters In Finance Canada: Eligibility & Process

Students interested in interpreting and analysing financial markets, economic trends, and investments are the ones that opt for Masters In Finance Canada. This course can be exceedingly beneficial for individuals looking to make a career in modern finance.

As a study-abroad destination, Canada is a dream come true for students. The country offers everything from high-quality education, natural scenic beauty, and warm people to a higher standard of living.

The Master’s in Finance course provides individuals with a solid foundation in financial principles. Additionally, it allows students to focus on their specialised areas of interest. It can be banking, investments, risk management, or international Finance. In their second year, students get to choose a specialisation from various electives.

The master of finance curriculum allows students to learn the practical application of theoretical concepts to solve real-world problems. Wondering what are some of the top Master in Finance courses in Canada? Read on to know.

Top Universities for Masters In Finance Canada

Simon Fraser University

The Beedie School of Business at Simon Fraser University offers an MSc in Finance. It’s a full-time course with a duration of 16 months. Based in Downtown Vancouver, this course teaches the fundamentals of corporate finance, risk management, capital markets, and more.

It is an ideal program for early to mid-career professionals with a quantitative finance facility. The course commences in July each year.

Western University

Western University offers a Master of Financial Economics course under their Faculty of Social Science. It is a 16-month programme that includes a summer internship. The program allows students to acquire quantitative and analytical skills to pursue risk assessment and portfolio management careers.

Based in Ottawa, their Masters in Finance Canada programme prepares individuals to thrive in today’s complex financial world.

McGill University

McGill University offers a Master of Management in Finance course, one of the best Masters in Finance Canada courses today. It’s a full-time course based in Montreal. This course allows individuals to access high-profile corporate partners and influential alumni.

Their comprehensive curriculum integrates advanced quantitative methods and concepts with real-world financial practices.

University of Toronto

The University of Toronto offers a 20-month Masters in Finance graduate program. While the first 16 months are coursework, the latter four are reserved for the Capstone project. This course features a cutting-edge curriculum, top-ranked faculty, dynamic connections, and more.

McMaster University

DeGroote School of Business under McMaster University offers a Master in Finance Canada programme. It is an on-campus program offered on a full-time basis. Students learn vital skills and knowledge in statistics, accounting, economics, and financial risk. The course requires students to do a summer internship and commences in September every year.

University of Alberta

University of Alberta’s School of Business offers a Master of Business Administration in Finance. It is a 20-month course with a four months internship period. In addition to small size classes and strong ties to the business community, this college also offers an applied learning style.

All these factors translate into incredible opportunities for the students. Unlike other Masters in Finance Canada courses, this one requires candidates to have two-year work experience.

The University of British Columbia

Based out of Vancouver, the University of British Columbia has an MSc in Business Administration focusing on Finance. It is a research-oriented degree program that lasts for two years. This course focuses on the theory and experiential learning of Financial risk management, theoretical asset pricing, asset management, financial analysis, and corporate governance.

This course is aimed at individuals interested in pursuing a PhD degree after their master’s.

Trent University

The master of science in Financial Analytics course by Trent University is a 1-year program based in Peterborough. It involves an in-depth study of different areas of finance like portfolio and risk management, financial econometrics, and mathematical Finance.

This course prepares students for a career with prerequisite knowledge in financial planning, investment banking, and equality analysis, among others. By immersing you in a multidisciplinary environment, this course pushes you to develop new perspectives.

Queen’s University

Stephen J.R Smith School of Business under Queen’s University offers Masters’s in Finance as a one-year program. An on-campus program, this course is offered on a full-time basis only.

It provides the tools and knowledge to move immediately from theory to real-world applications and an in-depth understanding of the current financial climate. Students develop strong communication and technical skills with this master’s course.

University of Montreal

The MSc Finance program by the University of Montreal is a super sought-after course. It helps students to develop skills for making recommendations in the finance field. Additionally, individuals learn to utilise financial concepts and apply advanced theoretical knowledge to solve problems using case studies.

Eligibility Criteria For Masters In Finance Canada

There are some common prerequisites related to the Master in Finance Canada course. Here are the eligibility criteria for international students seeking a Masters in Finance Canada course.

Minimum GPA

Most colleges and universities offer Masters in Finance Canada; a minimum GPA is a vital eligibility criterion. Usually, candidates studying this course must have a minimum GPA of 3.0. Conversely, transfer students must have a minimum 2.0 GPA. Unlike the full-time Master in Finance Canada programme, there’s no minimum GPA required in most online master’s courses.

Test Scores

International candidates are required to submit their standardised test scores. These scores could be tests like GMAT or GRE. However, the minimum scores required can vary from college to college.

Qualification

Masters in Finance Canada applicants must have finished their undergraduate degree from an accredited institution. However, the undergrad degree should contain classes like business finance, financial theory, financial economics, etc.

English Proficiency

Candidates applying for Masters in Finance Canada are required to prove their English proficiency. More so if they are non-native English language speakers. Individuals can submit the scores of tests like TOEFL and IELTS.

Admission Requirements for Masters In Finance Canada

The universities in Canada offering master’s in finance programs have some common requirements. Read on to know.

• Resume: Candidates must submit their updated CVs or resumes to secure admission to Master in Finance Canada.
• Certificates: Another requirement for admission to the Master’s in Finance is certificates or transcripts. Students need to submit all previous qualification certificates with their certified copies.
• SOP: SOP or Statement of Purpose allows candidates to set themselves apart from other candidates. It permits them to highlight their professional, academic, and personal accomplishments.
• Work Experience: Many Masters in Finance Canada courses require applicants to show proof of a minimum of two years of work experience. Individuals with significant work experience can also get paid fellowships.
• LOR: Applicants are required to submit a LOR or Letter of Recommendation from two different sources. A LOR should be from professional or academic references and highlight the applicant’s qualities.

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