Overview
The Accounting and Finance programme at the University of Toronto is Canada’s only graduate degree that fully integrates the accounting and finance business disciplines. This intensive 16-month course is designed to prepare students for prestigious global professional designations while providing significant real-world experience through a dedicated co-op component.
Students benefit from a curriculum that bridges the gap between academic theory and professional practice. By combining these two essential fields, the university ensures that graduates possess a versatile skill set that is highly valued in the global financial sector, supported by the institution's long-standing leadership in co-operative education.
Why Accounting and Finance at the University of Toronto?
The University of Toronto offers a unique advantage as the only institution in Canada to provide this integrated master level qualification. The programme is accredited by CPA Ontario, allowing students to qualify for advanced standing in the Chartered Professional Accountant Professional Education Program (CPA PEP).
Furthermore, the curriculum is aligned with the Candidate Body of Knowledge from the Chartered Financial Analyst (CFA) Program. Graduates also benefit from direct entry to the final Strategic Professional level exams of the Association of Chartered Certified Accountants (ACCA), making it a premier choice for aspiring financial leaders.
The Scarborough campus (UTSC) leverages over 50 years of experience in co-operative education. Students gain access to a diverse portfolio of Canada’s most prestigious employers, completing a four-month co-op internship that provides vital industry connections and practical workplace insights before graduation.
Tuition Fee Breakdown
- International fee: CAD 31870 per year
- National fee: CAD 7370 per year
Visit the Fees and Funding section for a breakdown in your local currency.
Syllabus
The curriculum is designed to meet the rigorous standards of the CPA, CFA, and ACCA professional bodies. Modules may include:
- Accounting
- Finance
- Professional Education Program Preparation
- Strategic Professional Practice
- Financial Analysis
- Co-op Internship
Careers with Accounting and Finance
Graduates are exceptionally well-prepared for high-level roles in the global financial services industry. The programme specifically targets outcomes related to becoming a Chartered Professional Accountant (CPA) or a Chartered Financial Analyst (CFA).
The integration of a four-month co-op placement ensures that students have direct experience with top-tier Canadian employers. This professional exposure often leads to careers in corporate finance, investment banking, public accounting, and strategic financial management across various international sectors.
Programme Structure
Courses include:
- Advanced Topics in Financial Reporting
- Strategy, Governance and Management Accounting
- Economics and Quantitative Methods
- Advanced Corporate Finance
- Investment Analysis and Portfolio Management
- Advanced Seminar in Accounting and Finance
Key information
Duration
- Full-time
- 16 months
Start dates & application deadlines
- Starting
- Apply before
-
Language
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Credits
Delivered
Campus Location
- Toronto, Canada
Disciplines
Finance Accounting View 31 other Masters in Accounting in CanadaWhat students do after studying Business & Management
This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes
Academic requirements
English requirements
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- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the additional admission requirements stated below.
An appropriate four-year undergraduate degree with a specialization in accounting or equivalent, with a minimum overall average of a mid-B in all core courses. Admission to the program is extremely competitive, and meeting the minimum overall average does not guarantee admission.
Applicants whose primary language is not English and who graduated from a university where the language of instruction is not English
Student Insurance via Studyportals Partner
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.
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Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Toronto and/or in Canada, please visit Student Insurance Portal.
Tuition Fees
-
International Applies to you
Applies to youNon-residents31870 CAD / year≈ 31870 CAD / year -
Domestic Applies to you
Applies to youCitizens or residents7370 CAD / year≈ 7370 CAD / year
Living costs
Toronto
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Accounting and Finance.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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