Finance (MFin)

Frequently asked questions

• How much does Finance (MFin) cost?

  CAD 58,891 / year.

• What English score does it need?

  IELTS 6.5 overall is the score listed for this programme.

• How long is it?

  1 to 4 years, as listed by the university.

• What are the entry requirements?

  To qualify for admission to the Master of Finance program, you must have a minimum of: A three‐year Bachelor degree from a post-secondary recognized educational institution (in any discipline) A 3.0* admission GPA (on 4.5 scale) on the last 60 credit hours of university degree‐level study. * International student GPA calculation Applicants must submit GMAT or GRE scores that meet the following criteria: GMAT (10th edition): Minimum total score of 550 The GMAT Focus Edition is also accepted if the score is equivalent Please use this concordance table to convert your GMAT Focus Edition score GRE: Scores will be converted to a GMAT equivalent Please convert your GRE score Test Validity: Scores must be no older than five years from the term of admission Quantitative Section: Must be at the 60th percentile or higher (applies to both GMAT and GRE) GMAT or GRE scores are not required for applicants who meet both of the following conditions: Have completed a bachelor’s degree in any field from the University of Manitoba with a minimum GPA of 3.25 and; Meet one of the following finance course requirements, completed within the last five years: Completed FIN 2010 (Introduction to Finance) or the former FIN 2200 (Corporate Finance) at the Asper School of Business with a minimum grade of B+ or; Achieved an average GPA of 3.5 across any four Asper finance courses that count toward the finance major Note: If the applicant is currently working in a professional role that clearly uses the knowledge gained from these courses, the Admissions Committee may use its discretion to extend the 5-year limit. In addition applicants holding a CPA designation (any CPA designation from Canada or elsewhere as recognized by CPA Manitoba) or those who have successfully passed the CFA Level 1 examination are not required to submit a GMAT or GRE score with their application. One of the following English language proficiency test scores from within the past two years, if applicable IELTS: 6.5 (speaking band minimum is 6) TOEFL: 86 (internet) - Minimum score of 20 is required in each of reading, writing, listening, and speaking categories. Accepted until January 2028. TOEFL - IBT 26: 4.5 - Minimum score of 4 is required in each of reading, writing, listening, and speaking categories PTE: (A) 61% AEPUCE: 65% Graduates of the Asper MBA program with a Finance concentration are not eligible to take this program. Meeting these requirements does not guarantee acceptance into the program. In addition to the admission requirements described here, all applicants must meet the minimum admission and English language proficiency requirements of the Faculty of Graduate and Postdoctoral Studies . · English: IELTS 6.5; TOEFL iBT 86; PTE Academic 61; Duolingo English Test 120 · English test waiver: Exempt if the applicant holds a high school diploma or university degree from Canada or a country on UM's English Language Proficiency Test Exemption List. Conditional admission is available via the English Language Centre's Intensive Academic English Program (IAEP) Level 5/AEPUCE. Source: https://umanitoba.ca/graduate-studies/admissions/requirements · GRE/GMAT: ignation from Canada or elsewhere as recognized by CPA Manitoba) or those who have successfully passed the CFA Level 1 examination are not required to submit a GMAT or GRE score with their application. · Application fee: CAD 130.00 (international applicant fee; domestic CAD 100.00) · Deposit: CAD 2000.00

• Is there a scholarship?

  International Excellence Entrance Scholarship: one award of CAD 25,000 and two awards of CAD 10,000 each year for international high school graduates entering first year full-time (minimum 80% course load) with a minimum 90% admission average over five senior-level courses; application deadline December 1. Source:. Further international awards View scholarship page

• Is it accredited?

  Business school accreditation — AACSB (institutional quality mark, NOT a licence to practise): AACSB International (The Association to Advance Collegiate Schools of Business)