Finance Courses in Canada: A Complete Guide on Finance Courses and Universities in Canada for international students Image
Study Destination

Finance Courses in Canada: A Complete Guide on Finance Courses and Universities in Canada for international students

Author_Image
Yocket Editorial Team
10 mins read
223 views
  • One of the most prominent courses to study in Canada, finance as a field of study has always stood out from its counterparts. With highly research centric universities, and excellent employability rates, finance courses in Canada are considered to be extremely top-notch! Not to forget the industrial exposures inculcated into the education system through various top companies and recruiters like Apple, Google, Deloitte, KPMG, and lots more! Some of the best finance universities in Canada will also make it a lot easier for you to pursue further studies in the field of finance, through numerous scholarships. 

    Want to know more? Keep reading as we are here to make you explore the best of finance studies in Canada! 

    Table of Contents:

    1. Why study Finance Courses  in Canada? 
    2. Overview of Finance Courses in Canada for International Students
    3. Specializations and Degrees in Finance in Canada
    4. Eligibility and Admission Requirements to Study Finance Courses in Canada
    5. Best Finance Universities in Canada
    6. Cost to Study Finance Courses in Canada
    7. Scholarships to Study Finance Courses in Canada 
    8. Career Opportunities After Pursuing Best Finance Courses in Canada 

     

    Why Study Finance Courses in Canada?

    Finance courses in Canada are one of the highly chosen programs among the international population. Let's find out why: 

    • Outstanding job opportunities: The best colleges for finance in Canada provide both domestic and international students with excellent job opportunities upon graduation. The average base salary observed for finance graduates in Canada stands at 60,000 CAD per annum. 
    • Excellent education: Providing the best infrastructure, best finance universities in Canada have stood out across the world. Canada is popular for offering international students with outstanding educational as well as industrial experiences. 
    • Abundance of courses and specializations: Some of the best finance courses in Canada also offer students with various types of specializations like professional financial services, finance planning, insurance management, financial analytics etc, at study levels like PG, UG and doctoral. These universities also offer some of the most popular diploma and certificate programs in finance. 

     

    Overview of Finance Courses in Canada for International Students

    Let us tabulate some key aspects for finance courses in Canada: 

    Duration 

    2-5 years 

    Level of Study

    PG/UG/Doctoral

    Type 

    Full-time / Part-time

    Mode 

    Online / Offline 

    Average Tuition Fee for International Students

    20,000 CAD to 40,000 CAD

    Top Universities & Colleges

    • Centennial College 
    • Fanshawe College 
    • George Brown College 
    • University of Alberta 
    • Humber College 

     

    Specializations and Degrees in Finance in Canada 

    Finance related courses in Canada for international students are observed to be in great demand precisely due to numerous degree programs available including UG, PG, doctoral as well as certificate and diploma courses. Finance in Canada is offered in various specializations like: 

    • Financial analytics 
    • Management in financial strategies 
    • Financial strategic management
    • Financial planning
    • Financial risk management
    • Financial planning services 

    Some of the most popular degree programs offered at universities in Canada are: 

    • MBA in finance 
    • Financial management diploma 
    • BCom (Hons) -Finance 
    • BSC (Hons) Economics and Finance
    • Graduate certificate in financial planning 
    • Master of finance 
    • Master of financial economics
    • Master of management in finance 

    Suggested: Complete guide on Masters in Finance in Canada!

     

    Eligibility and Admission Requirements to Study Finance Courses in Canada

    Let us now check out the requirements and eligibility criteria to study the best finance courses in Canada:

    • Bachelor's degree (if required)
    • English proficiency test scores 
    • GMAT or GRE Scores 

    Talking about the requirements for finance courses requirements in Canada briefly, let's start with: 

    • Minimum Educational Qualifications 

    One of the most basic requirements to start your application procedure to finance courses in Canada is to have academic transcripts for high school, and a bachelor’s degree (if applying to PG courses). Also, Mathematics, Calculus and English are the 3 most important subjects to have proficiency in, at the high school level.

     

    • English proficiency test scores 

    It is essential for you, as international students, to have an English proficiency proof in terms of IELTS, TOEFL, PTEor other tests. The minimum IELTS requirement to study finance courses in Canada for international students is a score of 6.5 or above, depending on the university/ program you choose. 

     

    • GRE or GMAT Scores 

    Best finance universities in Canada also ask for your GMAT/GRE scores in order to apply for accounting courses at the PG levels. 

    Suggested: Eligibility Criteria & Requirements to Study in Canada!

     

    Application Process to Study Finance Courses in Canada

    The application process for applying to some of the top finance universities in Canada has been discussed briefly below: 

    • Choose your course and a university to start your finance degree in Canada.
    • Submit the application form along with the application fee. 
    • Submit all the required documents including transcripts, along with additional requirements like SOP, Resume, LORs, and proof of work experience, as asked by the particular university.
    • You may also be asked for an interview process. 
    • Apply for a scholarship or financial aid, if available at the university. 
    • Wait for the admission decision. 

     

    Best Finance Universities in Canada

    Finance studies in Canada can be summed up as innovative, rewarding and filled with out-of-the-box experiences. We have curated below the list for the best finance universities in Canada: 

    Universities 

    Popular Programs Offered 

    Duration 

    Average Tuition Fee for International Students (in CAD)

    Centennial College 

    Graduate Certificate in Financial Planning

    PG Diploma in Financial Services 

    1-2 years 

    17,130 (Total)

    University of Toronto   

    Masters of Financial Risk Management

    Master of Accounting and  Finance

    Master of Finance 

    2 years 

    • Master of Finance-44,740 (20 months)
    • Master of Financial Risk Management-65,020/ year
    • Master of Accounting and  Finance- 39,570/ year

    George Brown College 

    Graduate Certificate in Financial Planning

    Advanced Diploma in Business Administration-Finance

    8 months-2 years

    15,480/ 2 semesters 

    22,785/ 3 semesters 

    McGill University

    Master of Management in Finance 

    2 years 

    57,465 (total)

    York University 

    BSC (Hons) Economics and Finance

    2-3 years 

    19,600/ year 

    Humber College 

    Diploma in Financial Services 

    Graduate Certificate in Financial Planning

    1-1.5 years (3-4 semesters)

    • Diploma in Financial Services -16,414/ 2 semesters 
    • Graduate Certificate in Financial Planning- 18,048/ 3 semesters (total)

    University of Alberta 

    Master of Arts in Economics and Finance 

    2 years 

    7,875/ credit 

    Universite De Montreal

    Certificate in Financial Planning

    Certificate in Financial Management

    1-2 years 

    29,400/ year 

     

    Cost of Studying Finance Courses in Canada 

    The tuition fees for finance courses in Canada depends entirely on the degree and study level you choose. 1 year finance courses in Canada range from 10,000 CAD to 17,000 CAD (total); whereas UG degree programs lie in the range of 20,000 CAD to 50,000 CAD per year. The PG level programs, on the other hand, lie somewhere in between 30,000 CAD to 40,000 CAD per year, for a masters degree, and 10,000 CAD to 20,000 CAD per year for PG Diploma and Graduate Certificate courses. 

    Students should budget for the cost of living in Canada of about 900 CAD - 1500 CAD per month in addition to program fees. This estimate is based on a single person's basic needs, which include lodging, groceries, clothing, public transit, and other miscellaneous expenses.

     

    Scholarships to Study FinanceCourses  in Canada 

    Numerous scholarships are available to pursue the best finance courses in Canada, including a lot of university-specific, privately funded and government funded scholarships. 

    Given below are some scholarships to aid your finance courses in Canada: 

    Scholarships 

    Eligibility 

    Award (in CAD)

    C.Douglas Mellor Prize, McGill University

    • Graduate certificate in financial accounting student 
    • Outstanding academics 

    2,200

    Kenneth F Byrd Prize, McGill University 

    • Graduate certificate in financial accounting student 
    • Outstanding academics 

    250

    International Entrance Scholarships, Humber College 

    International Applicants showing high academic performance 

    2,000

    Vice Chancellor Scholarship, York University

    International Applicants showing high academic performance 

    10,000-20,000

    Banting Postdoctoral Fellowships, Canadian Government 

    International graduate students demonstrating high academic performance

    70,000

    Suggested: Best ways to finance your education in Canada!

     

    Career Opportunities after Pursuing Best Finance Courses  in Canada 

    Best finance colleges in Canada with high employability rates can get you the job of your dreams. The base salary for a finance graduate in Canada stands somewhere at 60,000 CAD per annum. You can also pursue further studies in the form of a master's degree or a PhD in finance.

    Let us make you explore some career options post graduation in finance in Canada: 

    • Higher education in various specializations like financial management, financial planning, etc
    • Pursue Chartered Professional Accounting (CPA)
    • Get employed at various corporate giants 
    • Start a business/ venture of your own 
    • Become an educator in the field of finance 
    • Become a financial analyst, financial advisor, consultant, investment advisor  

    For a better understanding of how careers post finance in Canada look like, we have tabulated the top finance job profiles Canada, with their average salaries: 

    Job Profiles 

    Average Annual Salary (in CAD)

    Financial Manager 

    60,000-100,000

    Financial Controller 

    57,000-113,000

    Project Manager 

    51,000-108,000

    Financial Analyst

    45,000-78,000

    Operations Manager 

    46,000-106,000

    Suggested:  Job  opportunities in Canada for international students

    Finance courses in Canada for international students are available in quite an abundance, and you can get the most out of them in terms of quality education and excellent job opportunities in Canada. After pursuing some of the best finance courses in Canada, you can even work for some of the world's top recruiters like Deloitte, Bell Canada, Nestle Canada, Scotia Bank, Price WaterCoppers, etc. So what are you waiting for? Get on a free 15 minutes consultation call with Yocket Professionals and give wings to your dreams of studying abroad!

     

    Frequently Asked Questions about Finance Courses in Canada  

    1. Which are the best finance universities in Canada? 

    Ans. The best colleges for finance in Canada are:  

    • University of Alberta 
    • University of Toronto
    • Humber College 
    • McGill University 

     

      1. What is the cost to study finance in Canada? 

    Ans. Certificate and diploma programs can cost you around 5,000 CAD to 20,000 CAD per annum; whereas masters degree programs can range around 30,000 CAD to 50,000 CAD per year or overall depending upon the university you choose. The UG level programs can cost around 20,000 CAD to 50,000 CAD per year or overall. 

        1. What are some career prospects after pursuing the best finance courses in Canada? 

    Ans. some career prospects include: 

        1. Pursuing higher education
        2. Starting your own business in accounting management
        3. Get employed as a financial manager, financial consultant 
        1. Are scholarships available for pursuing finance courses in Canada? 

    Ans. Yes, top universities in Canada for finance provide international students with numerous scholarships in the range of 2,000 CAD to 30,000 CAD per annum.

  •  

        1. What are some of the most popular programs in the field of finance at the PG level? 

    Ans. Some of the most popular programs in the field of finance are: 

      • Graduate Certificate in Financial Planning
      • MBA in Finance 
      • Masters in Finance
Related Discussions

Articles you might like
View All

Complete Guide to BBA in UK: Top BBA Colleges in UK, Admission Requirements, Fees & More Image
Yocket Editorial Team
8 mins read
Colleges in Ottawa: 5 Best Colleges in Ottawa for International Students Image
Yocket Editorial Team
3 mins read
Study in US from Bangladesh! Image
Study Destination
eye_icon 1.6k
Yocket Editorial Team
4 mins read

Sign up and stay in the Yocket loop!

Get instant updates on latest articles handpicked for you and your preferences.