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Which Canadian universities let me do a paid co-op placement while I study finance?

10 Nov 2026 · Answered by Muskan Jain · 3 min read
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Yes. Waterloo, Dalhousie, Toronto Metropolitan and Memorial run co-op routes in finance or commerce. Placements are competitive, not guaranteed, and TMU lists an option of up to 16 months of co-op. Confirm international student eligibility for your exact program before applying.

Muskan Jain
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Yes, you can combine a finance degree with real industry experience in Canada, but only on programs that are built around co-op or paid work terms. Your job is to check that the exact program you want has a co-op stream and that international students can enter it. A university name alone does not tell you that.

Canadian finance programs with co-op or placement routes

UniversityProgram route to checkWhat the placement looks like
University of WaterlooAccounting and Financial Management (co-op program)Four co-op work terms, with example roles such as financial analyst at a bank or investment firm and audit co-op
Wilfrid Laurier UniversityBBA with finance concentrationSee the official page for co-op availability
Dalhousie UniversityBachelor of Commerce (Co-op) with a Finance majorThree work terms of at least 12 weeks each, with past finance co-op students placed in banks, insurers, government and corporations
Toronto Metropolitan UniversityEconomics and FinanceOption of up to 16 months of co-op, per the university page
Ontario Tech UniversityBachelor of Commerce in FinanceSee the official page for co-op availability
Memorial UniversityBachelor of Commerce (Co-operative)Five-year program with three paid work terms alternating with study

How to check a placement is open to you before you apply

  1. Open the program page and confirm that the co-op version of the degree is listed, since many finance degrees also exist without it.
  2. Ask the admissions office whether international students are admitted directly into co-op or must apply after first year.
  3. Read the IRCC page on student work placements. It says post-secondary students no longer need a co-op work permit for required placements, but you still need a letter from your school confirming the placement is required, and the placement must be 50% or less of your program.
  4. Check whether the program is eligible for a Post-Graduation Work Permit, because that affects your plan after graduation.
  5. Look at which employers hired co-op students recently and whether roles are in banking, insurance, accounting or corporate finance.

Remember that co-op is not a guaranteed job. You usually apply and interview for each work term, and pay and availability vary by employer and year.

My Advice

Shortlist three programs and email each co-op office with one question: how many finance co-op roles did international students secure last year? Pick the program that answers with clear numbers, then confirm permit rules on the IRCC site before paying a deposit.

This information is available on: canada.ca, torontomu.ca, uwaterloo.ca, dal.ca, mun.ca

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