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QS Rank:

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25

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University of Toronto

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Ontario

Canada

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Program Rank

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22

The Financial Economics (HBSc) program at the University of Toronto is designed for students aspiring to careers in finance or analysis. It provides excellent preparation for roles in banks, investment services, insurance companies, and finance departments within corporations and government agencies. The program also serves as a strong foundation for graduate studies in Economics or Financial Economics, with many courses emphasizing a technical and analytical approach.
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Duration

48 Months

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Median Salary

$72,000

Ranking

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#18

US World and News Report

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#18

The World University Rankings

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#25

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

200

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Average Age

22

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Average Work Experience

0 Years

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International Students

20

Career Outcomes

The Financial Economics (HBSc) program prepares students for diverse careers in the financial sector, including roles in banking, investment services, insurance, and corporate finance. It also serves as an excellent foundation for advanced graduate studies in Economics or Financial Economics.
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Median Earnings After Graduation

$72,000 / year

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Job Placement

90%

Prospective Job Roles

Financial Analyst

Banker

Insurance Underwriter

Investment Analyst

Government Economist

Corporate Finance Specialist

Top recruiters

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Eligibility Criteria

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At least 70 / 100 undergraduate GPA is expected.

English Proficiency Tests

  • TOEFL

    89

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  • IELTS

    6.5

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  • Duolingo

    120

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  • PTE

    65

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  • Cambridge

    180

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 192

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    Transcript

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    English Proficiency Test

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    Academic LOR

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    Resume

  • intake

    General LOR

Application Deadlines

Residence Offer Acceptance DeadlineRegular
fallJun 12, 2027N/A
SpringN/AJan 15, 2025

Fees and Funding

Tuition and fees are subject to change annually. The health insurance fee is an estimate.
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Tuition Fees

$63,570 / year

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Overall Cost

$80,352 / year

Funding Options

Scholarship

Scholarships

University of Toronto Admission Scholarship - Undergraduate students are automatically considered for merit-based scholarships as part of the admissions review process. No separate application is required.; University of Toronto Scholars Program - One of the major admission awards.; President's Scholars of Excellence Program - One of the major admission awards.; Lester B. Pearson International Scholarship program - International applicants can be considered if nominated by their high school. These scholarships recognize outstanding students.; Entrance Scholarship (CAD 15,000) - Outstanding students are automatically considered for a $15,000 entrance scholarship in the first year. Additional features may be offered by the admitting division.
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    Entrance Scholarship

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    University of Toronto Admission Scholarship

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    University of Toronto Scholars Program

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    President's Scholars of Excellence Program

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    Lester B. Pearson International Scholarship program

FAQs

  • A student can complete Financial Economics at University of Toronto with in 48.
  • The annual tuition fee to pursue Financial Economics at University of Toronto is CAD 59300.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of Toronto. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Toronto requirements before submitting a score.
  • Financial Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of University of Toronto, they can easily pursue Financial Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at University of Toronto can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Toronto website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of Toronto by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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