Master of Arts [M.A] (Financial Economics)
Field of Study:
$45,270 /Yr
Important Alert
- Application Deadline For Summer 2026 Intake Round 1 - Nov 5, 2025
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $45270 (CAD 63760) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Average Living Cost | $9226 (CAD 12995) |
| Health Insurance | $537 (CAD 756) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $21385 (CAD 30120) |
Important Dates
| Event | Application Date |
|---|---|
| Tentative Application Deadline For Summer 2025 Intake Round 2 | |
| Application Deadline For Summer 2026 Intake Round 1 | Nov 5, 2025 |
| Application Deadline For Summer 2026 Intake Round 2 | Jan 19, 2026 |
U Of T M.A Financial Economics is a 1 year Full Time Master program. This program is offered On Campus. The first year fees for M.A Financial Economics at U Of T is ₹ 40.7 Lakhs (CAD 63760). Earlier in 2022, the M.A Financial Economics Fee was ₹ 19.23 Lakhs (CAD 30120). This shows that the academic fees has increased by ₹ 2147577 (CAD 33640).
For admission to M.A Financial Economics at U Of T, international students need IELTS:- 7.0, TOEFL:- 93. The Application Deadline For Summer 2026 Intake Round 2 is 19 January 2026. For more details, check U Of T Admissions 2025
According to Times Higher Education, U Of T ranked 18 out of 1502 in Global Ranking.
U Of T M.A Financial Economics Total Fees 2025
The tuition fee for M.A Financial Economics at U Of T is CAD 63760 per year (₹ 40.7 Lakhs). Meanwhile, the total cost is CAD 82538/Year (₹ 52.69 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for M.A Financial Economics at University of Toronto is as follows:
| Expense Type | Average Cost (INR) | Equivalent (CAD) |
|---|---|---|
| Tuition Fee | ₹ 40.7 Lakhs | CAD 63760 |
| Application Fee | ₹ 7,980 | CAD 125 |
The other expenses for M.A Financial Economics at University of Toronto is as follows:
| Expense Type | Average Cost (INR) | Equivalent (CAD) |
|---|---|---|
| Average Living Cost | ₹ 8.3 Lakhs | CAD 12995 |
| Health Insurance | ₹ 48,263 | CAD 756 |
| Books and supply | ₹ 63,840 | CAD 1000 |
| Compulsory Fees | ₹ 1.4 Lakhs | CAD 2200 |
| Miscellaneous expenses | ₹ 1.17 Lakhs | CAD 1827 |
| Total Cost | ₹ 11.99 Lakhs | CAD 18778 |
M.A Financial Economics Tuition Fee Trends at U Of T
U Of T M.A Financial Economics Fees for Indian students is ₹ 40.7 Lakhs (CAD 63760). This academic fee has remained the same from 2022. Candidates can check the year on year trends in U Of T Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (CAD) |
|---|---|---|
| 2024 | ₹ 40.7 Lakhs | CAD 63760 |
| 2022 | ₹ 19.23 Lakhs | CAD 30120 |
U Of T M.A Financial Economics Application Deadlines & Important Dates
The key dates for the application process for M.A Financial Economics at U Of T include:
- Tentative Application Deadline For Summer 2025 Intake Round 2 is 20 January 2025
- Application Deadline For Summer 2026 Intake Round 1 is 05 November 2025
- Application Deadline For Summer 2026 Intake Round 2 is 19 January 2026
M.A Financial Economics at U Of T Admission 2025
To be eligible for admission to M.A Financial Economics at U Of T, applicants must meet specific academic and language requirements.
|
School |
School of Graduate Studies |
|
Academic Requirement |
Appropriate bachelor’s degree with at least a mid-B (75%) standing in the final year of the program. |
|
Application Fee |
125 |
|
Documents Required |
Academic Transcripts with full details of subjects studied and grades/marks obtained. Portfolio 3 Letters of Reference (two requests should be academic recommendations). Statement of purpose (one or two-page addressing the following topics: career aspirations, motivation for pursuing research, areas of research interest, and relevant skills and qualifications). Updated Resume/CV Work Experience is preferred, but not required. |
|
English Proficiency Score |
IELTS:- 7.0 (Academic) with at least 6.5 for each component. TOEFL:- Overall score of 93 with minimum of 22 in each component. |
|
GRE/GMAT |
Not Required |
|
Review Process |
within 4 weeks |
U Of T M.A Financial Economics Application Link
U Of T M.A Financial Economics Application Link; Apply Here
M.A Financial Economics at U Of T Admission Requirements
For admission to M.A Financial Economics, U Of T accepts TOEFL, IELTS exam. The average scores among admitted students are typically around: 93 in TOEFL, 7 in IELTS.
M.A in Financial Economics Fee Comparison
The fee comparison for similar programs like U Of T M.A Financial 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 | MA Economics | CAD 36,650 /Yr | INR 23.4 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 |
Also Check:
Required Document List
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| University of Toronto International Scholar Award | $40,000 | Merit Based |
| International Merit Admission Award | $20,000 | Merit Based |
Key Resources for Your Study Abroad Journey
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Go Clean Scholarship | Scholarship per student$ 2,485/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 14,200/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ontario Graduate Fellowship | Scholarship per student$ 6,301/Yr$8,875 | Level Of StudyDoctorate | TypeMerit-Based | |
| Jared J. Davis Grant | Scholarship per student$ 710/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
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 |
| ||
Application Deadline For Fall 2026 Intake (31st Jan 2026) | USD 4,970 /Yr CAD 7,000 /Yr |
| ||
Application Deadline For Fall 2026 Intake (31st Jan 2026) | USD 6,886 /Yr CAD 9,699 /Yr |
| ||
Application Deadline For Winter Intake (1st Dec 2025) | USD 20,906 /Yr CAD 29,445 /Yr |
| ||
Application Deadline For Fall 2026 Intake (16th Jan 2026) | USD 26,022 /Yr CAD 36,650 /Yr |
|
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