Finance Colleges in Canada: Rankings, Fees, Courses, Eligibility and more

Finance colleges in Canada offer various types of specializations courses like professional financial services, accounting, finance planning, financial analytics, insurance management, financial risk and strategic management and management in financial strategies. According to QS Ranking 2023, 10 Canadian Universities were ranked in the top 200 finance colleges in the world.

• The average salary for a finance graduate in Canada is 60,000 CAD (37.19 L INR) per annum.
• Tuition fees of finance courses in Canada range from 20,000 CAD to 50,000 CAD (12.4 L INR to 31 L INR)
• In Canada, the Financial industry has the largest employers, with 703,000 workforce in Canada.
• Seventeen Canadian pension funds rank among the largest both in North America and globally, as reported by Pension & Investments World 300.

Also check

Best Finance Colleges in Canada

Other Finance Colleges in Canada

Finance Colleges in Canada for Undergraduate Programs

Finance Colleges in Canada for PhD Programs

Finance Colleges in Canada: Admission Requirements

University of Toronto

• An appropriate bachelor's degree from a recognized university.
• A satisfactory score on the GMAT or GRE.
• Passed the Common Final Exam (CFE) (or former UFE) for a Certified Professional Accountant (CPA) designation.
• Passed at least the Level II examination of the Chartered Financial Analyst (CFA) designation.
• At least two years of full-time work experience in finance or a finance-related field is strongly recommended.
• Statement of Purpose
• Letter of recommendation.

University of British Columbia

• Bachelor's degree in Accounting, Business Technology Management, Finance, Entrepreneurship, Marketing, Operations and Logistics or Organizational Behaviour and Human Resources.
• A minimum overall average in the B+ range (76% at UBC)
• English Proficiency Test Scores: IELTS 7.0 | TOEFL: 100 or above
• Resume
• Statement of Purpose
• Letter of recommendation.

McGill University

• A bachelor's degree and proven quantitative skills.
• Students with a three-year bachelor's degree from an international university are also eligible to apply.
• No prior work experience is required.
• Updated Resume
• Proof of finance availability
• Statement of Purpose

University of Alberta

• The equivalent of a GPA of at least 3.5 on the University of Alberta 4-point grading scale in all economics courses taken.
• Completed course work in calculus and statistics at the introductory level.
• Resume
• Statement of Purpose
• English Proficiency Test Scores: IELTS 6.5 | TOEFL: 90 or above
• Letter of Recommendation

University of Waterloo

• Any Grade 12 U English (minimum final grade of 75% is required)
• Advanced Functions (minimum final grade of 75% is required)
• Calculus and Vectors (minimum final grade of 75% is required)
• Completion of the SAF Admissions Assessment (SAFAA)
• Letter of recommendation
• English Proficiency Test Scores: IELTS 6.5 | TOEFL: 80 or above
• Resume

How to choose Universities?

The educational system in Canada is known for providing world-class education, excellent infrastructure, cultural diversity, and work opportunities that attract a huge influx of students. Educational system in Canada is known for its quality, research, welcoming environment and affordability. Once you have decided which university you want to study in, start searching for the best universities offering that course. After the shortlisted universities, try to analyze how much is the return of investment, including, rankings, job opportunities, fees, course structure, research opportunities, etc. After that, use tools like University Comparer, to have comparison between universities shortlisted. Before finalizing, look at your budget, and the location of the university, and the student profiles of students who graduated to give an idea on how the career of the students who graduated from the university of your choice were.

After that, fill the application form, pay the application fees, wait for the university's decision, and if you have received an offer, you can proceed with the application for a student visa.

FAQs

Ques. Are there any job opportunities for finance graduates in Canada?

Ans. Canada is a world leader in the field of finance and the Financial industry has the largest employers, with 703,000 workforce in Canada. Seventeen Canadian pension funds rank among the largest both in North America and globally, as reported by Pension & Investments World 300.

Ques.How many universities in Canada provide finance Courses?

Ans.More than 74 Canadian Universities offer finance degrees and courses, and according to QS Ranking 2023, 10 Canadian Universities were ranked in the top 200 finance colleges in the world.

Ques.What is the minimum salary of a finance graduate in Canada?

Ans.The average salary for a finance graduate in Canada is 60,000 CAD (37.19 L INR).

Ques.How much will it cost to study finance courses in Canada?

Ans.The cost to study finance courses in Canada range from 20,000 CAD to 50,000 CAD (12.4 L INR to 31 L INR)

Ques.Are Scholarships available for international students?

Ans.Yes, each university offers financial assistance for the need- based students. You must check the portal of the university to verify your eligibility.