MA in Economics

The MA in Economics program at the University of Toronto is a premier choice for students aspiring to delve deeply into the intricate world of economics, particularly in the realm of Financial Economics. This program has gained recognition for its rigorous curriculum and exceptional faculty. The University of Toronto, consistently ranked among the top global universities, provides students with a rich academic and cultural experience that is hard to match. With an average international diversity of 27.9%, it showcases a vibrant community that enriches the learning environment through diverse perspectives and ideas.
In this program, students will engage with a carefully crafted curriculum that covers both theoretical foundations and practical applications in economics. The courses are designed to equip students with the analytical skills necessary to tackle complex economic issues. Key courses such as Microeconomic Theory, Macroeconomic Theory, and Econometrics are complemented by specialized electives that allow for exploration into areas like Behavioral Economics and Financial Markets. This combination ensures that graduates are well-prepared for careers in academia, government, and the private sector.
One of the standout features of the MA in Economics program is its emphasis on research opportunities. Students have access to world-class facilities and resources, enabling them to engage in significant research projects that can influence real-world economic policy. The faculty, renowned for their contributions to the field, serve as mentors and advisors, guiding students through the research process and fostering an innovative academic atmosphere.
The University of Toronto prides itself on its strong connections to various industries, providing students with numerous internship possibilities. Through collaboration with local businesses, government agencies, and international organizations, students can gain practical experience that complements their academic learning. This exposure not only enhances their understanding of economic theories but also equips them with essential skills that employers seek.
Graduates from the MA in Economics program boast impressive career outcomes, with many securing positions in high-demand sectors such as finance, consulting, and public policy. Alumni have gone on to work for esteemed organizations, including the Bank of Canada, the International Monetary Fund, and major financial institutions. Their success stories serve as an inspiration for current students and highlight the program’s effectiveness in preparing them for the workforce.
In addition to the core components of the program, the University of Toronto offers unique features that set it apart from other institutions. The collaborative environment encourages interdisciplinary study, allowing economics students to engage with peers from various fields. Furthermore, the university hosts numerous events, workshops, and seminars that foster networking and professional development.

To be considered for the MA in Economics program, applicants are typically required to have a strong academic background in economics or a related field, along with proficiency in English. The university accepts standardized test scores such as the IELTS and TOEFL, with minimum scores of 7.0 and 93, respectively. Potential candidates should also prepare a statement of purpose, letters of recommendation, and a CV detailing their academic and professional experiences.
The University of Toronto is committed to supporting its students, offering various funding options and financial aid opportunities. This ensures that all students, regardless of their financial background, have access to quality education.
In summary, the MA in Economics at the University of Toronto is a distinguished program that not only provides a solid educational foundation but also prepares students for successful careers in a variety of fields. The combination of a robust curriculum, experienced faculty, extensive research opportunities, and strong industry connections makes this program one of the best choices for aspiring economists.
Why Study Economics at University of Toronto

• A popular choice for international students with a diverse community, enriching the learning experience.
• Learn from distinguished faculty members who are leaders in their fields and become their research assistants, gaining invaluable insights.
• Access to state-of-the-art labs and resources that facilitate high-quality research work.
• Outstanding placement programs that connect students with top employers upon course completion, enhancing career prospects.
• Strong alumni network that can provide mentorship and job opportunities in various sectors.