Top 10 Masters in Finance Programs in Canada
Table of contents
- Top 10 Masters in Finance Programs in Canada
- Introduction
- List of Top 10 MFin programs in Canada
- Rotman School of Management, University of Toronto
- Schulich School of Business
- Smith School of Business, Queens University
- Desautels Faculty of Management, McGill University
- University of British Columbia
- HEC Montreal
- Alberta School of Business
- University of Manitoba
- DeGroote School of Business, McMaster University
- The John Molson School of Business
- Sobey School of Business, St. Mary’s University
- Beedie School of Business, Simon Fraser University
- Western University
- Conclusion
- Success Stories
- What can we do for you?
Introduction
Any student pursuing a career in finance would sooner or later look forward to enhancing their skills and scope in the industry with the help of a Masters in Finance degree program. It’s a no-brainer. But although it’s easier to decide on the next step in your journey, the nitty-gritty of it can leave any sane-minded human perplexed, not only to choose from a vast choice of courses but also to define the path and your plan to the finest of the details.
We understand this very clearly and help aspiring students to define their terms for study abroad programs and apply for the right ones for them easily.
For the students that have set their eyes on studying in Canada, we have curated a list of the Top 10 MFin programs in Canada this 2025, classified based on their World QS ranking for the year 2024 in Finance.
List of Top 10 MFin programs in Canada
If your goal is to study at one of the top universities in Canada and gain from all that they have to provide along with the academic schedule, then you will find such important aspects highlighted within this list curated specially for you!
Based on their rankings for studying Masters in Finance, these are the top 10 institutes in Canada and their respective Masters in Finance courses you can choose from:
Rotman School of Management, University of Toronto
Course offered: Master of Finance
About:
- The Rotman Master of Finance is established as one of the leading finance programs in the country, with faculty recognized as world-class thought leaders in the field, and an alumni network with deep roots in the Toronto financial sector.
- It is a 20-month program that starts in September where the coursework program is completed within the first 16 months and the remaining four-month term is dedicated to the capstone project.
- Rotman provides students with tools to use both theories and experiential learning and grow their skill sets into value-yielding assets for themselves. The learning opportunities include activities like Technical workshops, Case competitions, Self-Development Labs (SDL), Mentorship, Events and speaker series, Creative Destruction Lab (CDL), and such.
- Tuition fees for international students in 2024 (Class of 2026) are about $ 94,000.
Schulich School of Business
Course offered: Master of Finance
About:
- Schulich School of Business is ranked as a highly-ranked business school and regarded as one of the most popular in Canada.
- The Schulich Master of Finance (MF) provides students with the robust real-world training and analytical foundation needed for a rewarding career in modern finance. Students develop their understanding of corporate finance, risk management, private equity, compliance and more. Courses place a strong emphasis on real-world applications and context.
- The total tuition fee for this tri-semester full-time Master of Finance course is estimated at $92,745 for international students.
Smith School of Business, Queens University
Course offered: Master of Finance
About:
- The Master of Finance program offered by the Smith School of Business is highly ranked. Beginning each year in June, Smith's Master of Finance.
- Students can earn a world-class degree in just 12 months without leaving their current job.
- Although this program can be completed while students work, it is considered a full-time program.
- The Master of Finance program at Smith is a CFA Institute Program Partner which provides numerous benefits for our students, including opportunities to attend CFA events, high profile guest speakers and CFA scholarships.
- The total tuition fee for this 12-month program surmounts to CAD 74,500 for international students.
Desautels Faculty of Management, McGill University
Course offered: Master of Management in Finance
About:
- Master of Management in Finance (MMF) is a 16-month specialized program in Finance that prepares students for a career in finance through a comprehensive curriculum that integrates advanced financial concepts and quantitative methods with real-world business practices.
- The semester begins in June, and it’s a full-time on-campus learning experience.
- International students' tuition fee is $67,797 for this particular course.
University of British Columbia
Course offered: MSc in Business Administration in Finance
About:
- The MSc in Business Administration program in Finance ranks at #47 in the World QS ranking system and usually takes two years to complete.
- Students normally take four courses per semester but may elect to enroll in only three courses during those semesters in which courses with particularly heavy workloads are taken.
- The program starts in September. It is a research-oriented program aimed at students who are interested in pursuing a PhD degree after completing this degree program.
- Finance MSc students typically have very strong academic records and undergraduate degrees (or even graduate degrees) in quantitative disciplines such as commerce, economics, mathematics, statistics, science, or engineering.
- Previous work experience is not required.
- Enrollment is limited and admission is highly competitive.
- The tuition fee for international students is $6,490-9,690.18.
HEC Montreal
Course offered: MSc in Finance
About:
- MSc in Finance at HEC Montreal is a 16-24 months full-time program in finance that emphasizes the importance of putting theory into practice through live practical training and learning.
- For this purpose, HEC Montreal has a dedicated NBI Fund of $5 million provided to a selected group of students to create a multi-asset portfolio and is one of the largest investment funds managed by students in Canada, allowing them to gain hands-on experience atop the existing academic training.
- Apart from this, HEC Montreal has also set up The National Bank Financial Trading room dedicated to creating a live atmosphere of a trading room at any major financial institution by using real-time financial data and Bloomberg and Reuters information and analysis services.
- The tuition fee for international students comes to $ 47,100 for this course.
Alberta School of Business
Course offered: Master of Financial Management
About:
- The Master of Financial Management (MFM) prepares professional accountants or other finance professionals who want to become financial managers and aspire to the roles of Controller, Treasurer, and Chief Financial Officer.
- It is a two-year full-time program.
Master of Financial Management offered by Alberta School of Business is highly ranked and reputed all across the globe. - They also offer a 6-unit Capstone Course with the coursework.
- The tuition fee for international students wanting to pursue this program is CAD 70,000.
University of Manitoba
Course offered: Master of Finance
- The Asper Master of Finance is a CFA institute affiliation program.
- Typically this Master of Finance is of a duration of 1 year. The program is divided into 3 terms which prepare the students for all three levels of exams needed to obtain a Chartered Financial Analyst (CFA) designation.
- The tuition fee for International students on a study permit is $36,000 with an additional fee of $3,000/year.
DeGroote School of Business, McMaster University
Course offered: Master of Finance
About:
- The Master of Finance program provides you with in-depth training in finance, emphasizing the development of the analytical skills required to address the increasingly complex problems faced by the financial industry.
- The program is composed of four terms.
- Students will complete two four-month academic terms, followed by one four-month scheduled break providing students an opportunity to seek employment and complete external certifications.
- Students will return to complete one final four-month academic term to complete the program.
- The program involves 3 terms with a window between term 2 and term 3 for students to seek opportunities to intern and gain relevant on-field learning experience before returning to school.
- The tuition fee for international students amounts to a total of $ 56,916.
The John Molson School of Business
Course offered: MSc in Finance
About:
- The Master of Science (MSc) in Finance is a research-based Master’s degree program.
- Graduates of the program have strong quantitative and analytical abilities and a solid understanding of economic theory and research methodology.
- The business school has a curated list of activities to encourage experiential learning for the students. For example, the MSc students are invited alongside PhD students to participate in the Annual Graduate Research Exposition (AGRE) which is their flagship program for their graduate research students with financial prizes as well as work opportunities and a place to network with some high-profile dignities of the industry.
- They also have a designated Career Management Services team that helps students with internship opportunities to build a stronger resume.
- Along with the MITACS fellowships, there are numerous rewarding opportunities to gain experience from for the graduate students.
- The tuition fee for international students is $43,250.
These are the top 10 Master in Finance courses that top the charts every year. However, it's not fair to judge the caliber of a university or a course just by rankings. A few other courses are noteworthy and we have added them for you! Here are bonus courses that you might think of pursuing this 2025 if you are a finance or CFA enthusiast.
Sobey School of Business, St. Mary’s University
- Course offered: Master of Finance
About: The Sobey School of Business Master of Finance (MFin) program is a challenging, demanding, and rigorous program in which you will gain the strategic financial skills that global employers demand. The Sobey MFin effectively prepares graduates for professional careers in Financial analysis and advising, Portfolio, and risk management, and Corporate finance The program thoroughly prepares students for the Chartered Financial Analyst (CFA) exams as well. In just one year, students have the tools and confidence to achieve career success in a highly competitive field. The Sobey MFin program is a formal CFA Affiliate.
It is a 12-month program that will cost an international student $ 49,650 in terms of tuition fees, other than this there’s health insurance, book fees,s and living expenses to be considered.
Beedie School of Business, Simon Fraser University
Course offered: MSc Finance
About: This full-time, 16-month MSc Finance program aimed at students understanding the role of finance in business starts in September. It teaches students the fundamentals of finance, asset pricing, market risk management and credit risk management.
They also have a Student Investment Advisory Service (SIAS) Fund that allows a group of students to manage an investment portfolio with a market value of over CAD 21 million, along with guidance for developing a personalized career plan and securing employment opportunities.
The tuition fee for this MSc Finance program is $ 64,004 along with student fees of $ 3,200-3,500 and course materials fee of CAD 2,200.
Western University
Course offered: Master of Financial Economics
About: This Master of Financial Economics (MFE) is a 16-month course-based graduate program, which includes a summer internship. Students acquire the analytical and quantitative skills to pursue successful careers in finance, investments, and risk management. The Western MFE provides the combination of practical and classroom experience required to succeed in a highly competitive and rapidly evolving financial marketplace.
This course program officially starts in September, while an orientation session is organized in the last week of August for students. They must clear four terms, wherein an entire term of term 3 is dedicated to a summer internship for students to gain skills and knowledge to deal with on-field work situations through practical learning experience.
The total tuition fee for international students to study this Master of Financial Economics course is CAD 83,796.
Conclusion
Canada houses a world-class education system with a thriving financial sector making it easier to pursue an MFin degree in Canada. In this blog, we have listed the top MFin programs in Canada to give you a headstart on your study abroad journey! Are you ready to take the next step? Book a session with our founder to get your study abroad started.
Success Stories
Krutika
Admits from EDHEC Business School
Bijal was instrumental in structuring my application to demonstrate my work. She provided me with timely feedback and guidance. Being an MiM student herself, she shared her personal experience at every stage which helped me to have a better understanding of the process and get into the school of my choice.
Santanu Kumar Pal
Admits from EDHEC Business School
I highly recommend Bijal Gandhi, the founder of EdYou Abroad, a Higher Education Consultancy Company, for her exceptional services in guiding students through the master’s application process. Bijal’s expertise in personalized assistance, value for money, and honest, unbiased advice sets her apart. Her commitment extends beyond admission, as she continues to provide valuable guidance even after acceptance. With Bijal’s assistance, I successfully gained admission to EDHEC Business School, a top-tier institution. I am grateful for her professionalism and dedication, and I confidently endorse EdYou Abroad’s consultancy services for anyone pursuing higher education opportunities.
Urmi Panchamia
Admits from University of Toronto
EdYou with the super experienced counsellors, have ALL the answers to your Study Abroad Journey. So Helpful, couldn’t have imagined anyone else giving me the kind of insight and expertise for my applications. The guidance with Cv Building, Portfolio and SOP has increased my chances of getting into top colleges. Would recommend every student to plan their future abroad with EdYou.
Simran Jariwala
Admits from Stevens Institute of Technology
Even though I had no tech background, Bijal’s help got me into good business and data analytics programs that too with scholarships. Thank you so much for believing in me!
Sreekanth Reddy Annareddy
Admits from EDHEC, SKEMA
I highly recommend Bijal as a study abroad consultant. What really set her apart was how personalized the entire service was. She didn’t just give generic advice but took the time to understand my goals, preferences, and concerns. From suggesting the right universities to helping me refine my application, every step felt tailored to my needs.
What truly stood out was the genuine support she provided. Bijal was always there to answer my questions and give advice that felt both thoughtful and sincere. It wasn’t just about getting me into a program, she genuinely cared about my journey and well-being throughout the process. Her attention to detail and constant encouragement made a huge difference, and I felt confident every step of the way.
If you’re looking for a consultant who offers a genuine support throughout your study about journey, Bijal is the one you want by your side.
Aditya Shetty
Admits from SKEMA Business School
I am delighted to write this recommendation for Bijal, whose exceptional guidance played a pivotal role in my admission to the Master in Management program at Skema Business School, Paris.
Bijal’s expertise as a counsellor goes beyond just offering advice; she takes the time to understand her students’ aspirations, strengths, and challenges. Her ability to provide personalized strategies and insights helped me build a compelling application that truly reflected my skills and potential.
Throughout the process, Bijal was not only a mentor but also a source of constant encouragement. Her meticulous attention to detail ensured my essays, resume, and other materials met the highest standards. She also provided invaluable support in preparing me for interviews, equipping me with the confidence and clarity needed to succeed.
I wholeheartedly recommend Bijal to anyone seeking expert guidance for their academic or professional journey. Her skills, experience, and passion for helping others achieve their goals make her an asset to anyone fortunate enough to work with her.
Ananya Shenoy
Admits from Georgetown University
Bijal played a pivotal role in helping me structure my application to highlight my work and achievements effectively. Her feedback was always timely, insightful, and tailored to my goals. Her guidance was instrumental throughout the process and played a key part in helping me gain admission to the school of my choice. Thankyou!
Sivaraam K
Admits from ESADE, EDHEC, FSFM
I am incredibly grateful to Bijal for the invaluable support and guidance she provided throughout my academic journey. At a time when I felt uncertain and doubted the strength of my profile, Bijal’s insightful understanding and personalized approach completely transformed my perspective. She helped me streamline my entire application process and gave me clarity on choosing the right university—one that I genuinely had a chance at—and even helped improve my acceptance chances significantly.
What truly stood out was her dedication to my essay drafting challenges. Bijal treated it with such care and importance that it felt extraordinary, and I am deeply thankful for that. Even after receiving an early admission offer, she encouraged me to hold on and explore other options, knowing my profile was strong enough for a better fit. Thanks to her mentorship, care, and up-to-date knowledge of universities worldwide, I ultimately secured a place at a top 20 global university for my business master’s program—something no other consultancy would have advised.
Bijal made me realize the potential in my profile when I couldn’t see it myself. I wholeheartedly recommend her for anyone seeking deep, thoughtful analysis for university selection, academic research, or professional guidance. She is not only growing in her expertise but also helping others grow alongside her.
Anshul Pokharna
Admits from EDHEC, BITSOM
I worked with Bijal Gandhi during my MBA application process, and I’m genuinely glad I did. When I first started, I was focused on going abroad. But after a few discussions with my parents, I began exploring Indian options too — that’s where Bijal really stepped in.
She never gave templated advice. Instead, she helped me think through both options carefully — understanding my profile, career goals, and what I really wanted from an MBA. Her approach was balanced, honest, and very thoughtful.
One thing I truly appreciated was how seriously she took BITSoM. A lot of people would have dismissed it just because it’s a new school, but she did her homework. She looked into the faculty, curriculum, industry connects, and overall potential. Her analysis gave me the confidence to apply — and eventually accept the offer.
If you’re looking for someone who’ll truly guide you — not just help you apply — Bijal is someone you can trust.
Bhavana Manikonda
Admits from UCL
am super happy to recommend Bijal! She was an amazing mentor who guided me through a big career change from medicine to management. I got into UCL, which top 9 in the world…I was clueless about what course to choose, which university to choose , but Bijal’s guidance and support were spot on. She’s super friendly, and always available to help.Bijal not only provided me with valuable insights and advice but also ensured that I was well-prepared for every step of the process. She was consistently available to answer my questions and offer support, and her enthusiasm and passion for her work are contagious.
I can surely say that no one understands what course you need and university you pick,beacuse I have seen friends struggle taking universities and courses recommended by consultants as they get money through tieups she really never compromised and I really love this about her.
What struck me most about Bijal was her commitment to delivering on her promises. She did everything she mentioned . I had a smooth and successful experience. Her guidance and mentorship were invaluable, and I feel incredibly lucky to have had the opportunity to work with her. Bijal made the whole process smooth and stress-free. If you need guidance on your abroad journey bijal is the best!!!
Mrunal Hulke
Admits from ESSEC Business School
I’m incredibly grateful to Bijal for her unwavering support throughout my study abroad application journey. From our first conversation, she took the time to truly understand my background, strengths, and aspirations, and helped me express my story in a way that felt both authentic and compelling. Her feedback on my applications to HEC Paris and ESSEC Business School was always clear, actionable, and encouraging, which made the whole process feel much less daunting. Bijal also guided me through my interview prep, helping me find my voice and present myself with confidence. Thanks to her mentorship, I was thrilled to receive initial shortlists from both schools. I wholeheartedly recommend Bijal to anyone pursuing their dream of studying abroad, her guidance and genuine care truly make all the difference.
Cesar Souza
Admits from London Business School
I’m deeply grateful to everyone who supported me throughout this journey, and especially to Bijal Gandhi from EdYou Abroad, who played a key role in making this achievement possible. Their support went far beyond strategic guidance. They helped me structure my story, highlight my experiences, and build a coherent and authentic application. I couldn’t have done it without them.