QS Rank:

25

University of Toronto

Ontario
,Canada

Program Rank

1

Program Name
Master of Science in Finance

Deadline
July 17th, 2024
Overview

The Master of Science in Finance program at the Rotman School of Management, located at the prestigious University of Toronto, offers an unparalleled educational experience for aspiring finance professionals. This innovative 20-month program is meticulously designed to equip students with the essential knowledge and practical skills required to excel in an ever-evolving financial landscape. The curriculum encompasses a comprehensive range of topics, from traditional corporate finance principles to the latest trends in fintech. This holistic approach ensures that students are not only well-versed in established financial practices but also adept at navigating the complexities introduced by technological advancements.
One of the standout features of the MFin program is its emphasis on real-world application. Students benefit from a curriculum that is closely aligned with the demands of contemporary finance roles. Coursework is strategically tailored to address the specific needs of finance professionals, providing practical insights that can be immediately applied in the workplace. The program's format, which includes evening classes on Wednesdays and full-day sessions on alternating Saturdays, is designed to accommodate working professionals, allowing them to balance their studies with career commitments effectively.
The faculty at the Rotman School of Management is comprised of leading experts in the field of finance, combining academic rigor with practical industry experience. Instructors utilize a range of teaching methodologies, including case studies, interactive discussions, and experiential learning opportunities that enhance the educational experience. This diverse teaching approach not only deepens students' understanding of theoretical concepts but also fosters critical thinking and decision-making skills essential for success in finance.
In addition to the robust curriculum, the MFin program offers numerous research opportunities and resources that allow students to engage with the latest financial research and trends. Students have access to state-of-the-art facilities, including dedicated finance labs and research centers that facilitate hands-on learning. The program also encourages collaboration with industry professionals, providing students with invaluable networking opportunities through guest lectures, seminars, and workshops. These experiences further enrich the academic journey, preparing graduates to make informed contributions to the finance sector.
The Rotman School's strong ties to the finance industry are a significant advantage for students pursuing the MFin program. With its location in the heart of Toronto's financial district, the school fosters connections with major financial institutions, investment firms, and corporate partners. These relationships often lead to internship and job placement opportunities, enabling students to gain practical experience and build professional networks before graduation. The program boasts a remarkable job placement rate of 90%, reflecting the high demand for Rotman graduates in the finance job market.
Why Study Master of Science in Finance at University of Toronto
- Access to top-ranked faculty with extensive industry experience and academic expertise.
- An innovative curriculum that blends traditional finance principles with modern fintech applications.
- Flexible class schedules designed for working professionals, ensuring a manageable balance between work and study.
- Strong connections to leading financial institutions in Toronto's business hub, enhancing internship and employment opportunities.
- A high job placement rate of 90%, highlighting the program’s effectiveness in preparing students for successful careers.
- Engagement in cutting-edge research and hands-on learning through dedicated finance labs and centers.
- Access to a vibrant alumni network that can provide mentorship and career opportunities.
Graduates of the MFin program emerge as competent decision-makers, ready to tackle complex financial challenges across various sectors. They can pursue a diverse range of prospective job roles, including Financial Analyst, Financial Advisor, Risk Management Manager, and more. The program's alignment with industry needs ensures that students are well-prepared to meet the expectations of employers and make a significant impact within their organizations.
The alumni network of the Rotman School of Management stands as a testament to the program's success. Graduates have gone on to secure positions at renowned organizations such as BMO, CIBC, RBC Capital Markets, and Scotiabank. These success stories underscore the value of a Rotman education and the effectiveness of its career services in guiding students toward fulfilling careers in finance.
For those considering applying to the Master of Science in Finance program, it is essential to be aware of the admission requirements. Prospective students must submit a complete application, including a transcript, a Curriculum Vitae, standardized test scores (IELTS or TOEFL), and one written essay (250 words). Additionally, candidates are required to provide letters of recommendation from both academic and professional sources. The application process includes an interview, allowing the admissions committee to assess candidates’ suitability for the program comprehensively.
The final application deadline for the upcoming Fall intake is July 17, 2024. With a competitive acceptance rate of 43%, prospective students are encouraged to prepare their applications thoughtfully and submit all required documents on time.

Total Tuition Fees
$94,000

Duration
20 Months
Ranking
#18
US World and News Report
#18
The World University Rankings
#25
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Average Age
31

Average Work Experience
7 Years
Diversity
Others:
3%Ontario:
45%Saskatchewan:
2%Manitoba:
5%British Columbia:
15%Alberta:
10%Quebec:
20%Career Outcomes
The MFin program provides you with the knowledge and skills you need to become a high-value decision maker. Thanks to the School’s reputation, its deep connections with the local business community, and the strength of its dedicated career services, Rotman can put you on the path toward a successful post-MFin career.
Notable MFin' 23 Employers
BMO
Canada Pension Plan
Investments Board
CIBC
CMLS Financial
Guardian Capital Group
Healthcare of Ontario Pension Plan
RBC Capital Markets
RBC Global Asset Management
Scotiabank
TD Bank Group

Job Placement
90%
Prospective Job Roles
Financial Analyst
Financial Advisor
Accountant
Real Estate Financial Analyst
Risk Analyst
Risk Management Manager
Cost Accountant
Certified Financial Analyst (CFA)
IT Risk Analyst
Top recruiters








Eligibility Criteria
English Proficiency Tests
IELTS
7
TOEFL
100
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.

Application Fee: 195
Transcript
Curriculum Vitae
TOEFL
IELTS
Essay
199
Interview
Academic LOR
Professional LOR
Application Deadlines
Final Deadline | |
---|---|
Fall | Jul 17, 2024 |
Fees and Funding

Tuition Fees
$94,000 / year

Overall Cost
$1,24,000 / year
Funding Options
Department Funding
Scholarships
All students, including international students, are automatically considered for scholarships upon admission. Scholarships and entrance awards for international students are limited and competitive, due to the number of excellent students that apply to U of T. Please note that most scholarships and awards for international students do not cover the full cost of tuition. It is best to have other funding plans in place as well. Read more about scholarships and awards for international students.
Financial support options
Entrance awards
Ontario Graduate Scholarships
Bank of Canada Scholarships
Government Loans
Lifelong Learning Plan (LLP)
Registered Education Savings Plan (RESP)
Teaching and Research Assistantships
Employer Fee Subsidy
Loan Assistance for Students from the United States
Opportunities for International Students
FAQs
To apply for the Master of Science in Finance program at the Rotman School of Management, prospective students must submit a complete application that includes:
- A transcript
- A Curriculum Vitae (CV)
- Standardized test scores (IELTS or TOEFL)
- One written essay (250 words)
- Letters of recommendation from both academic and professional sources
Additionally, candidates will participate in an interview as part of the application process to assess their suitability for the program. The final application deadline for the upcoming Fall intake is July 17, 2024.
The Master of Science in Finance program is designed to be completed in 20 months. The classes are scheduled to accommodate working professionals, with evening classes on Wednesdays and full-day sessions on alternating Saturdays. This structure allows students to balance their academic responsibilities with their career commitments effectively.
The faculty at the Rotman School of Management employs a variety of teaching methodologies to enhance the learning experience. These include:
- Case studies
- Interactive discussions
- Experiential learning opportunities
This diverse approach not only deepens students' understanding of theoretical concepts but also fosters essential critical thinking and decision-making skills that are crucial for success in the finance field.
Graduates of the Master of Science in Finance program can pursue a wide range of career opportunities. Common roles include:
- Financial Analyst
- Financial Advisor
- Risk Management Manager
The program's strong alignment with industry needs ensures that students graduate well-prepared to meet employer expectations and make significant contributions in their organizations.
Students in the Master of Science in Finance program have access to state-of-the-art facilities, including dedicated finance labs and research centers. These resources facilitate hands-on learning and engagement with the latest financial research and trends, allowing students to stay at the forefront of the finance industry.
The MFin program encourages collaboration with industry professionals, offering numerous networking opportunities through:
- Guest lectures
- Seminars
- Workshops
These experiences provide students with invaluable connections that can enhance their career prospects and professional development.
Some standout features of the MFin program include:
- Access to top-ranked faculty with extensive industry experience
- An innovative curriculum blending traditional finance principles with modern fintech applications
- Flexible class schedules designed for working professionals
- Strong connections to leading financial institutions in Toronto
- A high job placement rate of 90%
- Engagement in cutting-edge research and hands-on learning
- An active and supportive alumni network
The Master of Science in Finance program boasts a remarkable job placement rate of 90%. This high rate reflects the program's effectiveness in preparing students for successful careers in the finance sector and highlights the strong demand for Rotman graduates in the job market.
To prepare a strong application for the Master of Science in Finance program, prospective students should:
- Gather all required documents, including transcripts and CV.
- Prepare standardized test scores (IELTS or TOEFL) well in advance.
- Write a compelling essay of 250 words.
- Obtain letters of recommendation from academic and professional sources.
- Be ready to participate in an interview to demonstrate suitability for the program.
It is advisable to submit applications thoughtfully and on time, as the acceptance rate is competitive at 43%.
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