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Finance, M.Sc.

  • Application Deadline
  • 24 months
University rank #439 (QS) ,
The Master of Science in Finance (MSc in Finance) program at University of Saskatchewan is a two year, research based thesis program offered by the Edwards School of Business. This program was designed to give students the tools and experiences required for a strong career in either academia or industry.


The MSc in Finance offered by University of Saskatchewan provides students with a theoretical background in contemporary financial issues and incorporates a strong foundation in empirical methods. Throughout the program, students have the opportunity to question and understand current financial literature and practices, engage with devoted and knowledgeable faculty and staff, and participate in various special guest lecturers and presentations.

Due to the research intensive nature of the program and individual faculty supervision at the thesis stage, applicants are carefully adjudicated and enrolment is limited. Only a handful of universities across North American offer programs that have a similar research focus at the Master’s level. The degree can be used as a platform for students who wish to pursue a Ph.D. and it equips students with a competitive advantage in jobs that have a significant research component.


What makes the MSc degree at the University of Saskatchewan unique compared to other MSc in finance programs is the requirement of students to perform original research which they must defend before an examination committee. 

During the thesis component of the M.Sc. in Finance program the student will develop, under the supervision of an academic advisor, a research project consisting of the following three distinct stages:

  • The identification, in conjunction with the academic supervisor, of an appropriate thesis topic and the completion of an oral proposal defense,
  • The development and completion of the written thesis project involving regular interaction with the thesis supervisor, and
  • A final defense of the thesis.

Successful completion of the final defense will require that the research project be completed to the satisfaction of the student's supervisory committee which, in most cases, will consist of the academic supervisor as the chairman, two other faculty members from within the department, and an external examiner selected from outside the department.

The transition from coursework to thesis is often the most difficult stage in the program as students may have difficulty in determining a topic that is appropriate for the thesis. Faculty will often have ideas that may be used as thesis topics. Students are therefore encouraged to familiarize themselves with the faculty and the research that is being conducted by them. To facilitate this process, brief faculty-student meetings will be arranged as required to determine the compatibility of students’ ideas and faculty research.

Programme Structure

Courses include:
  • Econometrics
  • Advanced Corporate Finance
  • Fixed Income Securities
  • Seminar in Finance
  • Research in Finance
  • Introduction to Ethics and Integrity
  • Advanced Investment Theory
  • Empirical Methods in Finance

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:


    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®

Academic Requirements

You need the following GPA score:

Required score: B
Recommended score: B

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

The Edwards MSc in Finance assesses applicants on a composite basis for admission purposes.  We look at a variety of factors when making admission decisions including undergraduate degree, grade point average, research interest, GMAT score, and reference letters. An interview may be required.Your Completed Admission Package Includes:

  • Completed Online Application Form and $90 Application Fee
  • Official GMAT Score or GRE Score
  • English Proficiency Scores (if required)
  • A Transcript of your Academic Record
  • Three Letters of Reference
  • Current Resume
  • Letter of Intent

Tuition Fee

  • International

    11850 CAD/year
    Tuition Fee
    Based on the original amount of 11850 CAD per year and a duration of 24 months.
  • National

    7500 CAD/year
    Tuition Fee
    Based on the original amount of 7500 CAD per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Saskatoon

  • 1279 - 1870 CAD/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.


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