Finances

Tuition

Tuition for the 2024/2025 academic year will be as follows:

International Students

For students who start in Fall 2024, $4022.04 per course for a program total of $60,330.60 plus any supplemental student fees.
For international students, UHIP will be charged for both years.

Domestic Students

$2,500.00 per course for a program total of $37,500.00 plus any supplemental student fees.

Tuition includes all Career Development fees.

*Please click here to review the supplemental fees. Given that this program is 16 months and spans over two academic years, supplemental fees for both academic years are required.

Deposit

A $3,500 CAD non-refundable deposit will be required upon acceptance of an offer.

Financial Assistance

Entrance Scholarships

Scholarships may be awarded to both domestic and international applicants and are considered on a competitive basis based on the students’ academic performance, extra-curricular activities/experiences, and other criteria the MFIN Admission Committee considers to be essential for the program. A separate application is not required for the scholarship. The total amount may be paid as one payment in Term 1 or divided into equal payments between the three terms.

International applicants who accept their offer and submit their study permit application by December 31st will be considered for an increased entrance scholarship amount.

Additional entrance scholarships are available for domestic applicants who submit prior to the Round 2 deadline on February 28, 2025.

In-Course Scholarships

MFin Academic Scholarship

This is awarded to a student who has successfully completed the first year of the Master of Finance (MFin) program at the DeGroote School of Business and who, in the judgement of the MFin Academic Committee, has demonstrated outstanding academic achievement in attaining the highest cumulative GPA in the first two terms of the MFin program.

MFin Leadership Scholarship

This is awarded to a student who has successfully completed the first year of the Master of Finance (MFin) program at the DeGroote School of Business and who, in the judgement of the MFin Academic Committee, has demonstrated outstanding leadership, volunteerism, community involvement, or extra-curricular activities that have enhanced the experience of all MFin students and advanced the MFin program.

CFA Scholarships

These scholarships are available to in-course students interested in taking their CFA exam(s) during their studies. In 2023, we awarded between 10-15 scholarships for all three levels of the CFA exam.

FRM Scholarships

These scholarships are available to in-course students interested in taking their CPA/FRM exam(s) during their studies.

TA Positions

MFin students can apply for Teaching Assistant positions. Opportunities are posted throughout the year.

Paid Work Opportunities

MFin students have the opportunity to seek work opportunities for their 4-month-long summer term. While we cannot guarantee work placements during this term, we do offer dedicated career resources to support you.