Master of Arts [MA] (Economics)
$26,022 /Yr
Important Alert
- Application Deadline For Fall 2026 Intake - Jan 16, 2026
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $26022 (CAD 36650) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| House Expenses | $9628 (CAD 13560) |
| Personal Expenses | $9329 (CAD 13140) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $31013 (CAD 43680) |
| 2022 | $21385 (CAD 30120) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2026 Intake | Jan 16, 2026 |
University of Toronto MA Economics is a 3 years Full Time Master program. This program is offered On Campus. The first year fees for MA Economics at University of Toronto is ₹ 23.4 Lakhs (CAD 36650). Earlier in 2024, the MA Economics Fee was ₹ 27.89 Lakhs (CAD 43680). This shows that the academic fees has decreased by ₹ -448795 (CAD -7030).
For admission to MA Economics at University of Toronto, international students need GPA: 3.0, IELTS: 7.0, TOEFL: 93. The Application Deadline For Fall 2026 Intake is 16 January 2026. For more details, check University of Toronto Admissions 2025
According to Times Higher Education, University of Toronto ranked 18 out of 1502 in Global Ranking.
University of Toronto MA Economics Total Fees 2025
The tuition fee for MA Economics at University of Toronto is CAD 36650 per year (₹ 23.4 Lakhs). Meanwhile, the total cost is CAD 69670/Year (₹ 44.48 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for MA Economics at University of Toronto is as follows:
| Expense Type | Average Cost (INR) | Equivalent (CAD) |
|---|---|---|
| Tuition Fee | ₹ 23.4 Lakhs | CAD 36650 |
| Application Fee | ₹ 8,299 | CAD 130 |
The other expenses for MA Economics at University of Toronto is as follows:
| Expense Type | Average Cost (INR) | Equivalent (CAD) |
|---|---|---|
| House Expenses | ₹ 8.66 Lakhs | CAD 13560 |
| Personal Expenses | ₹ 8.39 Lakhs | CAD 13140 |
| Transportation | ₹ 1.1 Lakhs | CAD 1716 |
| Health Insurance | ₹ 66,649 | CAD 1044 |
| Books and supply | ₹ 70,224 | CAD 1100 |
| Compulsory Fees | ₹ 1.57 Lakhs | CAD 2460 |
| Total Cost | ₹ 21.08 Lakhs | CAD 33020 |
MA Economics Tuition Fee Trends at University of Toronto
University of Toronto MA Economics Fees for Indian students is ₹ 23.4 Lakhs (CAD 36650). This academic fee has remained the same from 2024. Candidates can check the year on year trends in University of Toronto Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (CAD) |
|---|---|---|
| 2026 | ₹ 23.4 Lakhs | CAD 36650 |
| 2024 | ₹ 27.89 Lakhs | CAD 43680 |
| 2022 | ₹ 19.23 Lakhs | CAD 30120 |
University of Toronto MA Economics Application Deadlines & Important Dates
The key dates for the application process for MA Economics at University of Toronto include:
- Application Deadline For Fall 2026 Intake is 16 January 2026
MA Economics at University of Toronto Admission 2025
To be eligible for admission to MA Economics at University of Toronto, applicants must meet specific academic and language requirements.
| Category | Requirement |
| School |
School of Graduate Studies |
| Department | Department of Economics |
| Course Duration | 3 Years |
| Academic Requirement |
Applicants should have completed a bachelor’s degree in a related area. |
| English Language Proficiency Score |
TOEFL iBT - Overall score of 93 with minimum of 22 in each component. |
| Average GRE Score | 309 (Submitting GRE scores is optional, but highly encouraged). |
| Documents Required |
Academic Transcripts with full details of subjects studied and grades/marks obtained. |
| Application Fee | CAD 130 |
| Applications Link | University of Toronto Application Link |
| Decision time | within 4 weeks |
University of Toronto MA Economics Application Link
University of Toronto MA Economics Application Link; Apply Here
MA Economics at University of Toronto Admission Requirements
For admission to MA Economics, University of Toronto accepts TOEFL, IELTS exam. The average scores among admitted students are typically around: 93 in TOEFL, 7 in IELTS.
MA in Economics Fee Comparison
The fee comparison for similar programs like University of Toronto MA Economics are:
| University | Program | First Year Fees in CAD | First Year Fees in INR |
|---|---|---|---|
| Queen's University | M.A Economics | CAD 12,927 /Yr | INR 8.3 L/Yr |
| Simon Fraser University | M.A Economics | CAD 7,000 /Yr | INR 4.5 L/Yr |
| University of Alberta | M.A Economics | CAD 9,699 /Yr | INR 6.2 L/Yr |
| University of Ottawa | M.A Economics | CAD 29,445 /Yr | INR 18.8 L/Yr |
| University of Toronto | M.A Financial Economics | CAD 63,760 /Yr | INR 40.7 L/Yr |
| University of Calgary | M.A Economics | CAD 6,270 /Yr | INR 4 L/Yr |
| McMaster University | M.A Economics | CAD 41,247 /Yr | INR 26.3 L/Yr |
| McGill University | M.A Economics | CAD 29,780 /Yr | INR 19 L/Yr |
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Adel S. Sedra Distinguished Graduate Award | $25,000 | Applicants must show exceptional academic progress, active engagement with evolving ideas in their field, leadership within the university, and meaningful community outreach—especially beyond their discipline. |
| Connaught International Scholarship | $10,000 | Applicants must be international (non-Canadian), not currently enrolled at U of T, admitted to a funded full-time doctoral program starting September, and hold an A- average in their last two years. |
Key Resources for Your Study Abroad Journey
Course Guides
Best Post-Graduate Courses in Canada in 2025
Master of Arts (MA) in Canada: Fees 2024, Top Colleges, Placements & Salaries
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Masters in Economics in Canada: Fees 2023, Top Colleges, Admissions, Placements & Salaries
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Axol Science Scholarship | Scholarship per student$ 1,420/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| University of Montreal Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 710/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,485/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
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Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline For 2025 Intake (1st Feb 2026) | USD 9,178 /Yr CAD 12,927 /Yr |
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Application Deadline For Fall 2026 Intake (31st Jan 2026) | USD 4,970 /Yr CAD 7,000 /Yr |
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Application Deadline For Fall 2026 Intake (31st Jan 2026) | USD 6,886 /Yr CAD 9,699 /Yr |
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Application Deadline For Winter Intake (1st Dec 2025) | USD 20,906 /Yr CAD 29,445 /Yr |
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Application Deadline For Summer 2026 Intake Round 1 (6th Nov 2025) Application Deadline For Summer 2026 Intake Round 2 (20th Jan 2026) | USD 45,270 /Yr CAD 63,760 /Yr |
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Application for undegraduate programs offered at the University of Toronto must be submitted through the Ontario Universities’ Application Centre. You can find the link of this centre under the Undergraduate Admission section at the University of Toronto Admission.
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