DeGroote School of Business


Let us help you navigate the admissions process. If you don’t see what you’re looking for, contact us. We’re here to support you in your MFin journey.

Application Requirements (Fall 2024)

Our admission requirements for the Master of Finance (MFin) program are listed below. Meeting the minimum admission requirements does not guarantee admission, as we have limited space each year. Our Admission Committee takes a holistic approach during the application review process and all components of the application are given a thoughtful and thorough review.​

  • Honours (4-year) bachelor’s degree or equivalent in any discipline with a minimum B+ average (equivalent to a McMaster GPA of 8.5) from an accredited university.​
    • Preference of a minimum of one university-level course in each of 1) Finance or Economics, 2) Mathematics and 3) Statistics. The normal expectation is that these courses have been completed within the last five years.​
  • Minimum GMAT score of 600. In place of GMAT, we will accept GRE scores with a minimum of 50% in the quantitative reasoning section. GMAT and GRE tests are valid for 5 years from the test date.
  • Resume/CV.​
  • Two reference letters: At least one letter of reference from an academic source, the other letter of reference may be professional.​
  • Interview: More details to follow.
  • English Language Proficiency (ELP)
    • You must provide a valid TOEFL (minimum score of 92) or IELTS (minimum score of 6.5) test to prove you are proficient in the English language. TOEFL and IELTS scores are valid for 2 years from the test date.
    • You are exempt from submitting an IELTS or TOEFL test if you have attended, in full-time academic studies (non-ESL), an accredited university for your entire undergraduate degree where English was the language of instruction.
      • If the university is located outside of North America, a clear statement on your transcript or a letter from the institution confirming the language of instruction is English must be included when you submit your application.
      • Applicants who attended a university in North America may be asked to provide proof of English Language Proficiency if we are unable to confirm the university’s language of instruction or if we find that the university has more than one language of instruction.

Please note that our program does not require work experience.​

You do not need to submit a Personal Statement of Interest or a Writing Sample.

Commonly Asked Questions

Can’t find what you’re looking for? Take a look at our commonly asked questions. If you still can’t find an answer, feel free to email us at

Apply Now!

Make sure to review our step-by-step How to Apply process before starting your application.


When you are ready to start your application, click on “Apply now!”

Contact Us

Please feel free to email us for any questions related to the Master of Finance program. We’re here to help!

Application Deadlines

September 2024 Program Entry

Domestic Applicants
Round 1 December 15, 2023
Round 2 March 14, 2024
Round 3 April 30, 2024
International Applicants
Round 1 December 15, 2023
Round 2 March 14, 2024

Admissions Webinars

MFin Q&A with Senior Students

Are you thinking about applying to the Master of Finance program and want to know what it is really like? We had a round table discussion with two of our current students – so hear what they have to say here.


Placeholder for MFIN Student

Ready to Apply?

Make sure to review our step-by-step How to Apply process before starting your application. If you’re interested in learning more about the application process, when to expect application decisions, and what to do if you’ve been accepted into our program, we encourage you to look at our program brochure.

How to Apply
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