M.S Quantitative Finance at University of Waterloo 2026 Entry : Fee , Admission, documents, deadline etc

Waterloo, OntarioLocation
UniversitySchool type
Estd1957established year
35156enrollment
Public
Partner [3 Courses]
7.8/10

Master of Science [M.S] (Quantitative Finance)

16 months
Full Time
On Campus

Field of Study

Ranked #201 out of 1501 by THE Global Ranking 2023

$19,281 /Yr

CA$27,156 /Yr
1 Students Applied
1 Students Admitted

Important Alert

  • Application Deadline For Fall 2026 Intake - Jan 15, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$19281 (CAD 27156)

Other Expenses

HeadAvg Cost Per Year
Housing$8094 (CAD 11400)
Food$3280 (CAD 4620)

Previous Year Tuition Fees

Year1st Year Fees
2022$18361 (CAD 25860)
2021$6358 (CAD 8955)

Important Dates

EventApplication Date
Application Deadline For Fall 2026 Intake Jan 15, 2026
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M.S. Quantitative Finance from University of Waterloo Overview


Master of Science in Quantitative Finance from the University of Waterloo is a 16 Months Graduate Program offered through the Faculty of Mathematics and the School of Accounting and Finance. Applications for this program are accepted once a year, with a priority application deadline of 15th January 2026 for Fall 2026 Intake. The University of Waterloo accepts various English proficiency exams such as IELTS, TOEFL, PTE, and Duolingo for international student admission. Indian students with an admission average of 90% or above are eligible for the International Student Entrance Scholarship worth $10,000.

M.S. Quantitative Finance from University of Waterloo Fees


The annual cost of pursuing the M.S. Quantitative Finance program at the University of Waterloo is approximately $38,644, which includes $27,156 in tuition fees and an estimated cost of $11,488 for living expenses, inclusive of housing ($11,400), food ($4,620), transportation ($336), and other living expenses ($6,132).

M.S. Quantitative Finance from University of Waterloo Module


The M.S. Quantitative Finance from University of Waterloo includes the following modules:

Term Course Code Course Title
Term 1 ACC 770 / ACTSC 970 Finance 1 – Foundations of Finance (no-arbitrage theory, risk management, portfolio selection)uwaterloo.ca
Term 1 ACTSC 969 Stochastic Calculus for Quantitative Financeuwaterloo.ca
Term 1 STAT 850 Estimation and Hypothesis Testinguwaterloo.ca
Term 2 ACC 771 / ACTSC 971 Finance 2 – Asset Pricing, Financial Applications of Machine Learning (continuous-time finance, interest rate models)uwaterloo.ca
Term 2 Elective (1 of 2) Elective course (chosen with advisor)uwaterloo.ca
Term 2 Elective (2 of 2) Elective course (chosen with advisor)uwaterloo.ca
Term 3 Industry Internship (mandatory practical placement)uwaterloo.ca
Term 4 ACC 772 / ACTSC 972 Finance 3 – Current Topics in Financeuwaterloo.ca
Term 4 STAT / ACTSC 974 Financial Econometricsuwaterloo.ca
Term 4 STAT 906 Computer-Intensive Methods for Stochastic Models in Financeuwaterloo.ca

Scores Required

90 / 120

Avg. Score in

TOEFL

7.0 / 9

Avg. Score in

IELTS

125

Application Fees

120

ECTS Credits


Ranking

20242023202220212020201920182017

QS World University logo
Finance 151 out of 351 in Global Ranking
( #5 out of 14 in Canada 2024)

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TOP Scholarships

Scholarship nameAward amountEligibility
International Student Entrance Scholarship10000Admission average of 90% or above will be considered



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
The Anish Chopra Masters of Accounting ScholarshipScholarship per student$ 3,550/Yr$5,000Level Of StudyMasterTypeAwards
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
University of Montreal ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 14,200/Yr$20,000Level Of StudyMasterTypeMerit-Based
Ontario Graduate FellowshipScholarship per student$ 6,301/Yr$8,875Level Of StudyDoctorateTypeMerit-Based

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