Course at a Glance
- MasterDegree level
- full-time: 8-12 months; part-time: 16-24 monthsDuration
- Guelph, CanadaLocation
- business, commerce, data, data analytics, economics, environment, finance, international development, resource, sustainableField of study
- EnglishLanguage of instruction
- GuelphCampus
- Master of ArtsAwards
- $20,513Fees
- AvailableScholarship
About this programme
The Department of Economics and Finance offers a Master of Arts (MA) in Financial Economics, which provides students with advanced training in economic theory, finance, and econometrics, preparing them for diverse careers in both the public and private sectors. Students can choose between two program options: Course-Based Option – A structured curriculum emphasizing applied knowledge and technical skills.
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Major Research Project Option – An opportunity to conduct in-depth research under faculty supervision. The program's core courses build a strong foundation in economics and finance; students can choose electives in finance and/or economics to customize the program according to their interests. Graduates of the program are well-equipped to pursue careers in economic analysis, finance, policy analysis, consulting, or academia, or continue doctoral studies in economics or finance.
Is this course right for you?
Our counsellors check your profile against this programme's entry criteria and tell you where you stand — before you pay anything.
What we look at
- Your subject background and grades
- Your English score, or how to get one
- Budget, including living costs
University & programme
Canada- Listed from the catalogueNot yet staff-verified — ask us to confirm the details.
- English requirementIELTS Overall 6.5
- Study modeFull-time; part-time
Admissions checklist
Entry requirements
Completion of an undergraduate honours degree or equivalent from a recognised university with a grade average of at least 70% (B-) in the last four semesters (normally the last two years) of full-time study. Two referee assessment forms and transcripts from every post-secondary institution attended are required. Programme minimum admission average: 77% (stated range 77-79%). Programme-specific requirements: A 4-year honours degree at the baccalaureate level from a recognized undergraduate program in economics, finance or a related field, normally with a 'B+' average as a minimum. Rigorous training in economics and econometrics as demonstrated by prior course work. Students must demonstrate familiarity with calculus, optimization, and simple regression analysis through prior course work. For undergraduates at the University of Guelph, we typically expect ECON*3740 Introduction to Econometrics, ECON*3710 Advanced Microeconomics, and ECON*3810 Advanced Macroeconomics. Students whose background is not in economics but who are otherwise outstanding should consult the Department website for further information. Applicants whose background in economics is difficult to evaluate may be granted admission as a provisional graduate student for one semester. If, at the end of the semester, the Departmen · English: IELTS 6.5; TOEFL iBT 89; PTE Academic 60; Duolingo English Test 120 · English test waiver: Certification is required only where the applicant's first language is not English. Other accepted tests: CAEL 70 overall; MELAB 85; Oxford English Language Level Test (ELLT) 7. The advanced level of the University of Guelph English Language Certificate Program (ELCP) satisfies the requirement; admission may also be offered on condition of completing the Graduate Preparation Program (GPP, two semesters). · GRE/GMAT: Required by some departments; the Graduate Calendar states that where the GRE or GMAT is required it is listed with the programme's own admission information. · Application fee: CAD 125.00 (non-refundable, payable to OUAC)
The usual set for this level. Your counsellor confirms the exact list for this university.
- Academic transcripts
- English test score (IELTS/TOEFL)
- Passport copy
- Statement of purpose (optional)
- Recommendation letters (optional)
Cost & scholarships
- Tuition$20,513 CAD / year≈ $15,083 / year
- Living costsVary by city — see the destination guide.
- ScholarshipsTuition and funding: Tuition is based on standard MA tuition fees at the University of Guelph. In the 2025/26 academic year, tuition fees were approximately $6,400 for two terms for domestic students and $16,100 for international students. For more information, please see the links below. Funding is available in the form of Graduate Teaching Assistantships (GTAs). A GTA pays approximately $7,000 per term for up to 10 hours of work per week. Students may receive one GTA per term. GTAs are allocated on a competitive basis. Click here for information regarding tuition of the MA Financial Economics program. Click here for more information about graduate student scholarships. Source:. University-wide international awards Guelph names for graduate students: International Doctoral Tuition Scholarships (up to four years) and International Master's Tuition Scholarships "for both course-based and thesis-based programs", plus the Ontario Graduate Scholarship and tri-agency awards. SourceView scholarship page
Application timeline
Typical timings. Deadlines differ per university and intake.
- 1Prepare documents1–2 weeks
- 2Submit application1–3 weeks
- 3Receive offer letter2–6 weeks
- 4Apply for visa4–8 weeks
Application deadline: Fall (September) entry: 15 January (international applicant deadlines as published by the University; year not shown on the programme page)
Visa & support journey
- Offer letterFrom the university
- Visa guidanceExpert support
- Pre-departureAccommodation & travel
- Ongoing supportEven after you arrive
Student stories
Real students. Real results.
- Average rating
- 4.9
- Google reviews
- 360+
- Rated five stars
- 95%
Average rating
Google reviews
Rated five stars
“I would like to express my gratitude for the excellent assistance provided during my student visa process. The team was responsive, knowledgeable, and supportive at every stage, from document preparation to submission guidance. Their clear communication and professional approach made the process much easier and more efficient.”
1 / 8
Nihad K, 5 out of 5 stars
Every review below is a real Google review — see all of them
Frequently asked questions
How much does Financial Economics, MA cost?
CAD 20,513 / year.
What English score does it need?
IELTS 6.5 overall is the score listed for this programme.
How long is it?
full-time: 8-12 months; part-time: 16-24 months, as listed by the university.
What are the entry requirements?
Completion of an undergraduate honours degree or equivalent from a recognised university with a grade average of at least 70% (B-) in the last four semesters (normally the last two years) of full-time study. Two referee assessment forms and transcripts from every post-secondary institution attended are required. Programme minimum admission average: 77% (stated range 77-79%). Programme-specific requirements: A 4-year honours degree at the baccalaureate level from a recognized undergraduate program in economics, finance or a related field, normally with a 'B+' average as a minimum. Rigorous training in economics and econometrics as demonstrated by prior course work. Students must demonstrate familiarity with calculus, optimization, and simple regression analysis through prior course work. For undergraduates at the University of Guelph, we typically expect ECON*3740 Introduction to Econometrics, ECON*3710 Advanced Microeconomics, and ECON*3810 Advanced Macroeconomics. Students whose background is not in economics but who are otherwise outstanding should consult the Department website for further information. Applicants whose background in economics is difficult to evaluate may be granted admission as a provisional graduate student for one semester. If, at the end of the semester, the Departmen · English: IELTS 6.5; TOEFL iBT 89; PTE Academic 60; Duolingo English Test 120 · English test waiver: Certification is required only where the applicant's first language is not English. Other accepted tests: CAEL 70 overall; MELAB 85; Oxford English Language Level Test (ELLT) 7. The advanced level of the University of Guelph English Language Certificate Program (ELCP) satisfies the requirement; admission may also be offered on condition of completing the Graduate Preparation Program (GPP, two semesters). · GRE/GMAT: Required by some departments; the Graduate Calendar states that where the GRE or GMAT is required it is listed with the programme's own admission information. · Application fee: CAD 125.00 (non-refundable, payable to OUAC)
Is there a scholarship?
Tuition and funding: Tuition is based on standard MA tuition fees at the University of Guelph. In the 2025/26 academic year, tuition fees were approximately $6,400 for two terms for domestic students and $16,100 for international students. For more information, please see the links below. Funding is available in the form of Graduate Teaching Assistantships (GTAs). A GTA pays approximately $7,000 per term for up to 10 hours of work per week. Students may receive one GTA per term. GTAs are allocated on a competitive basis. Click here for information regarding tuition of the MA Financial Economics program. Click here for more information about graduate student scholarships. Source:. University-wide international awards Guelph names for graduate students: International Doctoral Tuition Scholarships (up to four years) and International Master's Tuition Scholarships "for both course-based and thesis-based programs", plus the Ontario Graduate Scholarship and tri-agency awards. Source View scholarship page
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