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Overview
About this Degree
In the Financial Economics program’s academic-experiential curriculum students take Rotman MBA-level courses (such as Corporate Financing, Options and Futures, Security and Portfolio Analysis) and graduate economics courses (such as Financial Economics, Macroeconomics, Microeconomics, Financial Econometrics), and get real-world work experience in a paid internship at a top financial institution.
The MFE program at the University of Toronto provides a broad understanding of financial theory and the economics framework upon which that theory is based. It has an excellent track record of placing its graduates in investment banking, corporate banking, sales and trading, private equity, asset/portfolio management, economic/strategy consulting, hedge funds, risk management and the public sector.
Best suited to the MFE program are those with a strong quantitative background and undergraduate degree in finance, economics, commerce, math or statistics. Entry is highly competitive. Applicants are admitted on a rolling basis and candidates should apply as early as possible.
Programme Structure
- Mathematics and Statistics for MA and MFE Students
2.0 FCEs from the Department of Economics. These core courses are the same as those required for the MA degree in Economics plus ECO1500H Financial Economics: Asset Pricing.
1.5 FCEs from the Rotman School of Management: RSM2306H Options and Futures Markets, RSM2300H Corporate Financing, and RSM2302H Security Analysis and Portfolio Management.
2.5 FCEs in electives from either the Department of Economics or the Rotman School, subject to the condition that at least 1.5 out of the 2.5 elective FCEs must be taken from the Department of Economics.
Key information
Duration
- Full-time
- 20 months
Start dates & application deadlines
- Starting
- Apply before
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Language
English
IELTS 7
TOEFL® IBT 93
Credits
6 alternative credits
6.5 full-course equivalents (FCEs)
Delivered
On Campus
Disciplines
Economics Finance View 89 other Masters in Finance in CanadaAcademic requirements
GPA B
English requirements
IELTS 7
TOEFL® IBT 93
Other requirements
General requirements
Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the program's additional admission requirements stated below.
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. See the program’s website for details.
Evidence of strong communication skills, both oral and written.
Relevant work experience and/or previous training in finance is useful but not required.
Admission is competitive, so accepted applicants will normally have achieved a standing considerably higher than the minimum requirements.
Tuition Fee
To alway see correct tuition fees
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International
55560 CAD/yearTuition FeeBased on the tuition of 55560 CAD per year during 20 months. -
National
30510 CAD/yearTuition FeeBased on the tuition of 30510 CAD per year during 20 months.
Living costs for Toronto
1502 - 2563 CAD /month
Living costs
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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.
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