A PG Diploma in finance in Canada can be summed up as a short and crisp 1-2 year course, well suited in order to get immense knowledge and expertise in the field of finance. Canada has continuously been one of the most famous destinations to study finance related courses, as it offers international students with outstanding education and a bright future post graduation. This blog will make you explore all about how PG in finance in Canada will aid you to get some of the best recruiters in the world, and also tell you more about some of the best colleges in Canada for PG diploma in finance.
Why Study PG Diploma in Finance in Canada?
Diploma in Finance in Canada is one of the highly chosen programs by international students. Let's find out why the PG Diploma in finance in Canada is so popular across the globe:
- Highly valuable course: Short term finance courses in Canada are extremely popular and valuable across international levels, due to their prominent curriculum and industrial exposures.
- Excellent education: Providing the best infrastructure, postgraduate finance courses in Canada for masters in finance have stood out across the world. Canada is popular for offering international students with outstanding educational 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.
- Bright career scope: After pursuing finance diploma courses in Canada, you can get hold of extremely powerful job opportunities with world famous recruiters. Moreover, you can also pursue further studies in finance post your masters degree with numerous scholarships available to choose from.
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Program Structure and Curriculum for PG Diploma in Finance in Canada
Let us now make you explore the program structure and curriculum for PG in finance in Canada:
|
Duration |
1-2 years |
|
Type |
Full-time / Part-time |
|
Mode |
Offline / Online |
|
Average Tuition Fee for International Students |
10,000 CAD to 40,000 CAD / year |
|
Specializations |
|
|
Top Programs |
|
|
Top Universities |
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Admission Requirements to Study PG Diploma in Finance in Canada
Let us now check out the finance post graduate diploma in Canada requirements and eligibility criteria:
- Academic transcripts
- English proficiency test scores
- GMAT or GRE Scores
- Additional requirements
Given below are the masters in finance Canada eligibility criteria:
-
Academic Transcripts
The most basic requirement to apply to a PG in finance degree in Canada for international students is to have academic transcripts for every level of study. You should have a bachelor's degree in order to be eligible for a 2 year pg diploma in finance in Canada. Some prerequisite subjects for a majority of finance programs in canada are:
- Mathematics
- Advanced functions
- Calculus
- English
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English Proficiency Test Scores
It is essential for you, as international students, to have an English proficiency proof 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.
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GRE or GMAT Scores
Universities in Canada for diploma in finance also ask for your GMAT or GRE scores in order to complete your application.
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Additional Requirements
Additional requirements such as an interview, along with work experience,statement of purpose (SOP), and a Resume/ CV can also be asked by your university depending on the program you choose.
Application Process for PG Diploma in Finance 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 diploma in finance program in Canada.
- Submit the application form along with the application fee.
- Submit all the required documents including transcripts, bachelor's degree (if required), 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.
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Cost of Studying PG Diploma in Finance in Canada
The finance postgraduate diploma in Canada fees lies somewhere in between 10,000 CAD to 40,000 CAD.
The average annual cost of living in Canada ranges between 10,000-12,000 CAD. The rent for living on-campus is around 3,000-7,500 CAD per year which is quite budget friendly compared to off-campus accommodation that costs 8,000-9,000 CAD per year.
Top Universities to study PG Diploma in Finance in Canada
Best colleges in Canada for pg diploma in finance provide international students with innovative, rewarding and out-of-the-box experiences. We have curated below the list for the top universities for pg in finance Canada:
|
Universities |
Popular Programs Offered |
Duration |
Average Tuition Fee for International Students (in CAD) |
|
Graduate Certificate in Financial Planning PG Diploma in Financial Services |
1-2 years |
17,130 (Total) |
|
|
Graduate Certificate in Financial Planning Advanced Diploma in Business Administration-Finance |
8 months-1 year |
15,480/ 2 semesters |
|
|
Diploma in Finance Management Graduate Certificate in Financial Planning |
1-1.5 years (3-4 semesters) |
18,048 |
|
|
Certificate in Financial Planning Certificate in Financial Management |
1-2 years |
29,400/ year |
|
|
Graduate Certificate in Financial Planning |
1-2 years |
20,350/ year |
Difference between PG Diploma and Masters in Finance in Canada
Though a PG Diploma will cost you less than a masters degree in finance, and is usually of a duration of 1-1.5 years; a PG Diploma in Finance in Canada will be less valuable as a degree as compared to a masters in finance degree in Canada.
Meaning, a masters in finance degree will open more doors for you in terms of excellent employment opportunities and a high pay scale as compared to a PG Diploma in finance in Canada.
Scholarships to Study Diploma in Finance in Canada
Numerous scholarships are available to pursue short term finance courses in Canada for international students, including a lot of university-specific, privately funded and government funded scholarships.
Given below are some scholarships to aid your finance diploma courses in Canada:
|
Scholarships |
Eligibility |
Award (in CAD) |
|
C.Douglas Mellor Prize, McGill University |
|
2,200 |
|
Kenneth F Byrd Prize, McGill University |
|
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 |
|
Vanier Canada Graduate Scholarships Program |
International graduate students |
50,000 |
Suggested: Best Scholarships for International Students in Canada!
Career Opportunities after Pursuing PG Diploma in Finance in Canada
PG Diploma in Finance in Canada can definitely be your gateway to success, as the course is highly valued all over the globe, and will provide you with global career opportunities. 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 PhD in finance.
Some of the job opportunities available after pursuing a diploma in finance in Canada are:
- Budget analyst
- Market research analyst
- Chartered accountant
- Financial analyst
- Risk manager
For a better understanding of how careers post PG Diploma in 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) |
|
Chartered Accountant |
104,000 |
|
Financial Manager |
60,000-100,000 |
|
Financial Controller |
57,000-113,000 |
|
Project Manager |
51,000-108,000 |
|
Tax Advisor |
105,000 |
|
Risk Management Director |
209,000 |
|
Financial Analyst |
45,000-78,000 |
|
Operations Manager |
46,000-106,000 |
PG in finance in Canada is considered to be one of the most sought after courses for international students as it is highly affordable and is taught at par with masters in finance. Some top universities in finance in Canada can even land you the highest paying jobs in Canada, and present you with numerous scholarships to kick start your doctoral education in the field of finance.
