Finance Courses in Canada: Top Universities for International Students

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

• 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 CAD 60,000 (INR 36,76,880) per annum. 
• Excellent education: Providing the best infrastructure, the best finance universities in Canada such as the University of Toronto, McGill University, York University, Humber College and many more have stood out worldwide.
• Abundance of courses and specializations: Some of the best finance courses in Canada also offer students various types of specializations like professional financial services, finance planning, insurance management, financial analytics, etc., at study levels like PG and doctoral.

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

Studying finance in Canada provides international students with a solid foundation of skills crucial for career growth. From mastering financial analysis to understanding global markets, a degree in finance equips students with practical knowledge essential for navigating the complexities of the financial world. 

Moreover, investing in a finance degree from Canada often yields a high return on investment (ROI). The country's robust economy and thriving financial sector offer ample opportunities for graduates to secure lucrative positions and advance in their careers. Additionally, specializations within finance, such as corporate finance or investment management, allow students to tailor their education to suit their career aspirations, further enhancing their marketability in the job market.

• 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 
• BCom (Hons) -Finance 
• BSC (Hons) Economics and Finance
• Master of finance 
• Master of financial economics
• Master of management in finance

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

• Bachelor's degree 
• English proficiency test scores 
• GMAT or GRE Scores (GRE and GMAT scores depend on the program and university, and further details can be found out on the official website)

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 (when 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 

As international students, it is essential for you to have proof of English proficiency in terms of IELTS, TOEFL, PTE, or 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 

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

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

• Step 1: Choose your course and a university to start your finance degree in Canada.
• Step 2: Submit the application form along with the application fee. 
• Step 3: 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.
• Step 4: You may also be asked for an interview process. 
• Step 5: Apply for a scholarship or financial aid, if available, at the university. 
• Step 6: Wait for the admission decision.

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

The tuition fees for finance courses in Canada depend entirely on the degree and study level you choose. 1-year finance courses in Canada range from CAD 10,000 (INR 6,12,810) to CAD 17,000 (INR 10,41,780). The PG level programs, lie somewhere between CAD 30,000 (INR 18,38,440) to CAD 40,000 (INR 24,51,250) per year, for a master's degree, and CAD 10,000 (INR 6,12,810)  to CAD 20,000 (INR 12,25,620) per year for PG Diploma and Graduate Certificate courses. 

Students should budget for the cost of living in Canada of about CAD 900 (INR 55,150) - CAD 1500 (INR 91,920) 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

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: 

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The 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 CAD 60,000 (INR 36,76,880) per annum. You can also pursue further studies in the form of a master's degree or a PhD in finance.

Let us 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 Royal Bank of Canada, Infosys, EY, KPMG, etc.
• Start a business/ venture of your own 
• Become an educator in the field of finance 
• Become a financial analyst, financial advisor, consultant, or 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: 

Suggested: Job opportunities in Canada for international students

In conclusion, finance courses in Canada offer a blend of academic excellence, practical learning, and abundant career opportunities, making them a top choice for international students. With prestigious universities, diverse specialisations, and generous scholarships, Canada provides an ideal environment for pursuing a finance education. Whether aiming for a career in financial management, consulting, or entrepreneurship, studying finance in Canada opens doors to a world of possibilities. So, seize the opportunity to enhance your skills and embark on a rewarding journey in the dynamic field of finance. 

Confused about choosing the right finance course in Canada? Look no further! Unlock comprehensive guidance on finance courses and universities in Canada with Yocket Premium! Gain insights, explore options, and make informed decisions to kickstart your finance career in Canada. Schedule your counselling session today!