Master of Science [MS] (Quantitative Finance)
$20,095 /Yr
Waterloo MS Quantitative Finance is a 16 months Full Time Master program. This program is offered On Campus, requiring a successful completion of 120 credits. The first year fees for MS Quantitative Finance at Waterloo is ₹ 17.86 Lakhs (CAD 27156). Earlier in 2022, the MS Quantitative Finance Fee was ₹ 17.01 Lakhs (CAD 25860). This shows that the academic fees has increased by ₹ 85238 (CAD 1296).
For admission to MS Quantitative Finance at Waterloo, international students need Grade: 80%, IELTS: 7.0, TOEFL: 90, PTE: 63. The Application Deadline For Fall 2026 Intake is 06 January 2026. For more details, check Waterloo Admissions 2025
According to Times Higher Education, Waterloo ranked 201 out of 1501 in Global Ranking.
Waterloo MS Quantitative Finance Total Fees 2025
The tuition fee for MS Quantitative Finance at Waterloo is CAD 27156 per year (₹ 17.86 Lakhs). Meanwhile, the total cost is CAD 55437/Year (₹ 36.46 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for MS Quantitative Finance at University of Waterloo is as follows:
| Expense Type | Average Cost (INR) | Equivalent (CAD) |
|---|---|---|
| Tuition Fee | ₹ 17.86 Lakhs | CAD 27156 |
| Application Fee | ₹ 8,221 | CAD 125 |
The other expenses for MS Quantitative Finance at University of Waterloo is as follows:
| Expense Type | Average Cost (INR) | Equivalent (CAD) |
|---|---|---|
| Living Expenses | ₹ 14.79 Lakhs | CAD 22488 |
| Books and supply | ₹ 1.95 Lakhs | CAD 2964 |
| Other Fees | ₹ 1.86 Lakhs | CAD 2829 |
| Total Cost | ₹ 18.6 Lakhs | CAD 28281 |
MS Quantitative Finance Tuition Fee Trends at Waterloo
Waterloo MS Quantitative Finance Fees for Indian students is ₹ 17.86 Lakhs (CAD 27156). This academic fee has increased by ₹ 85238 (CAD 1296) from 2022. Candidates can check the year on year trends in Waterloo Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (CAD) |
|---|---|---|
| 2025 | ₹ 17.86 Lakhs | CAD 27156 |
| 2022 | ₹ 17.01 Lakhs | CAD 25860 |
| 2021 | ₹ 5.89 Lakhs | CAD 8955 |
Waterloo MS Quantitative Finance Application Deadlines & Important Dates
The key dates for the application process for MS Quantitative Finance at Waterloo include:
- Application Deadline For Fall 2026 Intake is 06 January 2026
MS Quantitative Finance at Waterloo Admission 2025
To be eligible for admission to MS Quantitative Finance at Waterloo, applicants must meet specific academic and language requirements.
| Category | Details |
|---|---|
| School | School of Statistics and Actuarial Science |
| Academic Requirement | A bachelor’s degree or equivalent in a related field, with a score of at least 80% or above. |
| English Language Requirements | TOEFL(iBT): 90 | IELTS: 7.0 | PTE: 63 |
| Application link | Application Link |
| Total Credits | 120 |
| Course Duration | 16 Months |
| Application Fee | $125 |
| Documents Required | Online application Application Fee Degree Certificate Transcripts English language Proficiency score Copy of Passport Resume Three Letters of Reference Program Specific Questions |
Waterloo MS Quantitative Finance Application Link
Waterloo MS Quantitative Finance Application Link; Apply Here
MS Quantitative Finance at Waterloo Admission Requirements
For admission to MS Quantitative Finance, Waterloo accepts TOEFL, IELTS, PTE exam. The average scores among admitted students are typically around: 90 in TOEFL, 7.0 in IELTS, 63 in PTE.
MS in Quantitative Finance Fee Comparison
The fee comparison for similar programs like Waterloo MS Quantitative Finance are:
| University | Program | First Year Fees in CAD | First Year Fees in INR |
|---|---|---|---|
| Simon Fraser University | MS Finance | CAD 61,351 /Yr | INR 40.4 L/Yr |
| McGill University | MIM Finance | CAD 72,524 /Yr | INR 47.7 L/Yr |
| Queen's University | MFin | CAD 15,358 /Yr | INR 10.1 L/Yr |
| McMaster University | MFin | CAD 63,347 /Yr | INR 41.7 L/Yr |
| Western University | Master of Financial Economics | CAD 62,771 /Yr | INR 41.3 L/Yr |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $20095 (CAD 27156) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | $16641 (CAD 22488) |
| Books and supply | $2193 (CAD 2964) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $19136 (CAD 25860) |
| 2021 | $6627 (CAD 8955) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2026 Intake | |
Scores Required

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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| International Student Entrance Scholarship | 10000 | Admission average of 90% or above will be considered |
Key Resources for Your Study Abroad Journey
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| The Anish Chopra Masters of Accounting Scholarship | Scholarship per student$ 3,700/Yr$5,000 | Level Of StudyMaster | TypeAwards | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| University of Montreal Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 14,800/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
MS Finance, Simon Fraser University16 months | Round 3 Application Deadline For Fall 2026 Intake (23rd Mar 2026) Round 4 Application Deadline For Fall 2026 Intake (4th May 2026) | USD 45,400 /Yr CAD 61,351 /Yr |
| |
MIM Finance, McGill University12 months | USD 53,668 /Yr CAD 72,524 /Yr |
| ||
MFin, Queen's University1 year | -- | USD 11,365 /Yr CAD 15,358 /Yr |
| |
MFin, McMaster University16 months | Round 2 Application Deadline For September 2026 Intake (14th Mar 2026) | USD 46,877 /Yr CAD 63,347 /Yr |
| |
| USD 46,451 /Yr CAD 62,771 /Yr |
|
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