Master of Finance

• Within this 20-month program (two academic years):
   

  • Students must complete a structured sequence of 5.75 full-course equivalents (FCEs) (11.5 half-course equivalents) taken over five sessions. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.
     

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• An appropriate bachelor's degree from a recognized university.

• A satisfactory score on the Graduate Management Admissions Test (GMAT) or GRE (Graduate Record Examination; General Test). Exemptions from the GMAT/GRE requirement are granted to applicants who have:
   

  • Passed the Common Final Exam (CFE) (or former UFE) for a Certified Professional Accountant (CPA) designation.

  • Passed at least the Level II examination of the Chartered Financial Analyst (CFA) designation.

  • Graduated from the University of Toronto with high distinction (cumulative grade point average of 3.5 or higher).

  • Attained the professional designation in Engineering (PEng) or in Actuarial Sciences (ACIA or FCIA).
     

• At least two years of full-time work experience in finance or a finance-related field is strongly recommended. Applicants who do not have the recommended work experience will be considered on a case-by-case basis, particularly if accompanied by demonstrated exceptional academic and professional potential.

• Applicants who meet all the criteria will be assessed on the basis of their application essay, grades, standardized graduate test scores, references, and professional experience by the admissions committee. Prospective students will then be invited for an admission interview. The admission decision will be based on both submitted materials and interview performance.

The tuition fees for Bachelors of Business Administration may vary from $50,000 to $80,000 annually for tuition fees. The fee's prices may get higher for International Students.