Greatest Universities for Accounting & Finance in Canada

Angelena Iglesia

As a world scholar, a level in economics, finance, or accounting from a Canadian college may help you uncover new profession paths, fast-track your skilled profession in finance, or lay the muse for greater training in your chosen discipline.

When you’ll want an undergraduate or Bachelor’s diploma to qualify for grasp’s packages in economics, finance, or accounting, you might be admitted to undergraduate packages in these fields as quickly as you end highschool. Many Canadian universities settle for worldwide college students who’ve accomplished their highschool or undergraduate training in different international locations, however the charges and eligibility standards for worldwide college students are normally completely different from these for home college students.

If you happen to’re within the means of figuring out universities you hope to attend, this useful resource showcases a few of the greatest Canadian post-secondary faculties for finance, economics, and accounting packages. This text may also present an outline of graduate and undergraduate packages provided in these fields, tuition charges for worldwide college students, and normal admission necessities for these packages.

On this article:

Eligibility standards for admission into finance, economics, and accounting packages

Undergraduate packages in finance, economics, and accounting

For admission into undergraduate packages in Canada, and with a view to receive a bachelor’s diploma in finance, economics or accounting, you’ll sometimes require a high-school equal diploma from your property nation with a superb rating or grade level common (GPA). In some circumstances, you may additionally have to have studied highschool degree arithmetic or calculus to qualify for admission into bachelor’s packages in economics, finance, or accounting.

Admission into college undergraduate packages is aggressive, so the higher your highschool marks, the higher your probabilities of admission will probably be. For worldwide college students whose first language isn’t English, or who haven’t studied English in highschool, proof of English language proficiency—IELTS or TOEFL scores—will normally be required. 

In case your software is shortlisted, many colleges may also conduct interviews to pick out college students who greatest meet this system admission standards. Some Canadian universities additionally give choice to shortlisted college students who’ve good extra-curricular monitor data, resembling participation in sports activities or volunteer packages. 

Graduate packages in finance, economics, and accounting

To qualify for admission into graduate packages in Canada, and with a view to receive a grasp’s diploma in finance, economics, and accounting, you will need to have a four-year (or four-year equal) undergraduate diploma with specialization in a associated topic. Most universities consider potential college students based mostly on undergraduate marks (or a minimum of your marks within the final two years of your undergrad program), so that you’ll want a minimum of a minimal 3.0 GPA, or 70 to 75 per cent common, to get into a superb college.

For admission into graduate-level economics packages, Canadian universities might require you to have taken calculus, microeconomics, macroeconomics, and statistics programs in your undergraduate program. You may additionally have to take the GRE and obtain a minimal rating to qualify.

Many graduate finance packages require candidates to have just a few years of related work expertise. You’ll additionally have to submit a GRE or GMAT rating, or a Chartered Monetary Analyst (CFA) degree II examination rating.

Entry into graduate-level accounting packages might be barely sophisticated for worldwide college students; you’ll typically want a Canadian undergraduate diploma or diploma in accounting with a view to qualify. Some universities, like York College, enable worldwide college students to finish a Canadian diploma after which enter the second time period of the grasp’s program immediately. Different universities require college students to have taken programs in accounting, auditing, Canadian taxation, and finance to qualify.

For many graduate packages, you’ll even be evaluated on the premise of your educational marks, admission essay, educational or skilled references, and, if shortlisted, your admission interview. For all graduate packages delivered in English, college students are required to be proficient in English. In case your undergraduate program was delivered in one other language, you’ll have to get a superb IELTS or TOEFL rating.

High Canadian universities for finance, economics, and accounting

Greatest Universities for Accounting & Finance in Canada  Word
Except in any other case specified, the charges listed on this part are complete program tuition charges for college students making use of within the admission 12 months 2022-2023. As a world scholar, you’ll additionally have to account for non-tuition charges, taxes, and dwelling bills. Please test your college web site for the most recent payment estimates.

Canada is residence to a few of the world’s greatest universities for finance, economics, and accounting programs. Listed here are a few of the Canadian Studying Establishments that function within the QS World College Rankings 2022 for these packages.

Please word that graduate packages are sometimes for one or two years (some are shorter) and the schooling charges outlined beneath for graduate packages are for the total diploma. Undergraduate levels are sometimes obtained in 4 years, and the schooling charges for these packages outlined beneath are per 12 months of research.

College of Toronto, Ontario

Applications provided

  • Graduate packages: Two-year Grasp of Finance, ten-month Grasp of Monetary Danger Administration, 16-month Grasp of Accounting and Finance, eight-month Grasp of Arts (MA) in Economics, 24-month Grasp of Administration and Skilled Accounting, one-year Grasp of Mathematical Finance.
  • Undergraduate packages: 4-year Bachelor of Commerce (BCom) with a specialization in Accounting or Finance and Economics, Bachelor of Arts (BA) in Economics, Bachelor of Science (BSc) in Economics and Arithmetic, Monetary Economics, and Mathematical Purposes in Economics and Finance. In comparison with the BCom and BA packages, BSc packages are usually extra research-focused.

Charges for worldwide college students: 

  • The worldwide scholar payment for grasp’s packages ranges between $55,280 CAD and $126,740 CAD for the complete program, relying on this system you select. 
  • Bachelor’s program charges for worldwide college students are revised yearly. For college students coming into this system in 2023-24, the first-year tuition payment is $60,510 CAD.

College of British Columbia, Vancouver

Applications provided

  • Graduate packages: Two-year MSc in Enterprise Administration in Finance (MSCB), one-year MA in Economics.
  • Undergraduate packages: BCom with a specialization in Accounting or Finance, BA or BSc in Economics, Bachelor of Worldwide Economics.

Charges for worldwide college students: 

  • The MA in Economics program has a complete worldwide tuition payment of $26,906 CAD and the MSCB program prices $19,000 CAD for the two-year program.
  • The annual worldwide scholar tuition payment for bachelor’s packages ranges between $44,091 CAD and $55,384 CAD.

McGill College, Montreal, Quebec

Applications provided

  • Graduate packages: One-year MA in Economics, one-year Grasp of Administration in Finance (MMF).
  • Undergraduate packages: BCom with a serious in Economics, Finance, or Accounting, BCom Honours in Economics, BCom with Joint Honours in Economics and Accounting or Economics and Finance, BA Honours in Economics.

Charges for worldwide college students: 

  • The tutoring payment for the MMF program for worldwide college students coming into this system in Winter 2023 is $27,570.27 CAD. 
  • For the MA program, the worldwide scholar tuition payment is $9,577.35 CAD or $13,505.70 CAD, relying on whether or not you’ve opted for a thesis or non-thesis program.
  • The worldwide scholar tuition payment for the BCom and BA packages is $63,693 CAD and $31,500.50 CAD per 12 months, respectively.

College of Alberta, Edmonton

Applications provided

  • Graduate packages: MA in Economics, MA with a specialization in Economics and Finance, two-year Grasp of Accounting, Grasp of Monetary Administration.
  • Undergraduate packages: Bachelor of Commerce with a specialization in Accounting, Enterprise Economics and Legislation, or Finance, Bachelor of Arts in Economics.

Charges for worldwide college students:

  • The entire tuition payment for the Grasp of Accounting program is $51,408 CAD.
  • For MA packages, the payment varies relying on whether or not this system is course-based or thesis-based, and the variety of programs you decide. Usually, a thesis-based MA program will price $8,874 CAD per 12 months.
  • The worldwide scholar tuition payment for BA packages is round $127,581 CAD for 4 years.
  • The four-year BCom program prices $151,368 CAD in tuition.

Queen’s College, Kingston, Ontario

Applications provided

  • Graduate packages: One-year MA in Economics, one-year Grasp of Finance, 13-week Graduate Diploma in Accounting.
  • Undergraduate packages: BA Honours in Economics.

Charges for worldwide college students:

  • For the MA program, the worldwide tuition payment is $12,927 CAD for the complete program. 
  • The entire tuition payment for the Grasp of Finance program is $71,495 CAD. 
  • The Graduate Diploma in Accounting program prices $16,500 CAD for worldwide college students.
  • Undergraduate arts packages have an annual tuition payment (for 30 credit) of $53,471.10 CAD.

College of Waterloo, Ontario

Applications provided

  • Graduate packages: MA in Economics (additionally obtainable with co-op choice), Grasp of Quantitative Finance (MQF).
  • Undergraduate packages: Bachelor of Accounting and Monetary Administration (BAFM), BA in Economics.

Charges for worldwide college students:

  • The worldwide scholar tuition payment for MA packages is round $7,254 per time period, with a minimal of two required phrases. Co-op packages normally require two or three further phrases.
  • The MQF program has a time period payment of $5,668 CAD for worldwide college students with three course phrases and one internship time period.
  • The BAFM is a four-year program with a number of co-op phrases. The tutoring payment for the complete program is round $183,143 CAD. Different BA packages have an annual tuition payment ranging between $53,456 CAD and $66,482.82 CAD per 12 months.

Université de Montréal, Montreal, Quebec

Applications provided

  • Graduate packages: MSc in Financial Sciences, MSc in Arithmetic and Computational Finance (each packages are provided in French solely)
  • Undergraduate packages: BSc in Economics and bachelor’s packages in Finance obtainable in French.

Charges for worldwide college students:

  • For graduate packages, the common annual tuition payment is $28,731.60 CAD.
  • The common worldwide scholar tuition payment for undergraduate packages is $25,567.80 CAD per 12 months.

Western College, London, Ontario

Applications provided

  • Graduate packages: One-year MA in Economics (aimed toward college students who want to pursue a PhD in Economics after MA), sixteen-month Grasp of Monetary Economics, Graduate Diploma in Accounting.
  • Undergraduate packages: 4-year Honours specialization in Economics or World Economics, Bachelor of Administration and Organizational Research (BMOS) with Honours specialization in Accounting or Finance. 

Charges for worldwide college students:

  • The MA in Economics program prices round $23,350.29 CAD. College students who rating a median of 85 per cent throughout this program can then enrol within the PhD program.
  • The worldwide scholar tuition payment for the Grasp of Monetary Economics program is $60,331.29 CAD.
  • The Graduate Diploma in Accounting is a single-term program that prices $16,000 CAD.
  • For undergraduate packages, the common worldwide scholar tuition payment is $136,980 CAD for the total four-year program.

York College, Toronto, Ontario

Applications provided

  • Graduate packages: One-year Grasp of Finance (MF), 12 to 16 month Grasp of Accounting (MAcc), one-year MA in Economics
  • Undergraduate packages: BA in Enterprise Economics, Economics, Monetary and Enterprise Economics, BCom with a specialization in Finance

Charges for worldwide college students: 

  • The MAcc program has a complete tuition payment of $58,056.54 CAD. Worldwide college students who haven’t accomplished their undergrad in Canada should first full an eight-month Diploma in Intermediate Accounting (DIAc) with a minimum of a B-average to qualify for entry into the MAcc program (coming into at Time period 2).
  • The MF and MA packages price $82,691.55 CAD and $18,825 CAD, respectively, for the complete program.
  • For BA packages, the annual tuition payment (for 30 credit) is $33,791 CAD.
  • BCom packages have a world scholar payment of $35,997 CAD per 12 months (30 credit).

As a number one research vacation spot, Canada is acknowledged globally for its world-renowned packages in each discipline of research and the standard of training provided by Canadian universities. Whether or not you’re exploring undergraduate or graduate packages, a level in finance, economics, or accounting from a Canadian college will allow you to put together in your future profession and set you firmly on the trail to success.

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