$17,292 /Yr
Concordia University Master of Arts Economics is a 2-year, full-time graduate degree. It requires a bachelor’s degree in economics with a 3.0 GPA minimum. International tuition is approximately C$71,550 for two years (INR 48.74 Lakhs). Intakes are Fall and Winter. Eligible international graduates receive a two-year PGWP. The program emphasizes advanced theory, econometrics, and policy applications.
The MA Economics trains you for research and policy work. You choose between thesis and course-based tracks. Distinctive strengths include development economics, financial econometrics, labour markets, and international trade expertise. Ideal for students wanting rigorous quantitative skills and industry or government placements. Concordia ranks 465th globally on QS and leads in Canada’s economics research. Three key advantages: flexible co-op option after semester one; strong placement in government and finance; and accessible entry for Indian applicants with a 6.5+ CGPA.
- After semester one, apply for the co-operative program to gain internship experience at banks, NGOs, or government agencies.
- Thesis-based funding packages (TA/RA stipends of C$5,000–C$10,000 per term) are available to most admitted students.
- Two-year PGWP allows work in Canada; skilled-worker immigration threshold (C$62,000 annual) is achievable for economics graduates.
Current Admission Status
Applications for the Fall 2026 intake are Open. International student deadline: 15 January 2026.
The January 15 deadline is firm for Fall 2026. WES credential evaluation takes 7–14 days; submit your request immediately. Indian applicants should begin English proficiency tests (IELTS or TOEFL) now if not already certified.
Also Check: Concordia University MA Economics Admission
Concordia University Master of Arts Economics Fees and Living Costs 2026
MA Economics tuition for international students is charged at C$795 per credit. A typical two-year program spans 90 credits, costing approximately C$71,550 in tuition. Additional mandatory costs include application fees, health insurance, and course materials.
| Cost Component | Amount (C$) | Amount (INR) |
|---|---|---|
| Tuition (90 credits at C$795) | C$71,550 | INR 48.74 Lakhs |
| Application Fee (estimate) | C$108 | INR 7,359 |
| Health Insurance (annual, Blue Cross) | C$981 | INR 66,769 |
| Admission Deposit (non-refundable, applied to tuition) | C$250 | INR 17,035 |
| Books and Supplies (2 years, estimate) | C$5,686 | INR 3.87 Lakhs |
| Total First Year (approx.) | C$39,500 | INR 26.91 Lakhs |
| Total Two Years | C$78,575 | INR 53.53 Lakhs |
Source: Concordia University Tuition and Fees (2026–2027), Graduate Rates.
All INR conversions in the article use a conversion rate of C$ 1 = INR 68.14 as of June 2026. Rates fluctuate daily, verify before applying.
- Tuition is fixed at the cohort-year rate for the entire program duration.
- Health insurance (Blue Cross) is compulsory and charged automatically upon registration.
- No Quebec or home-country tuition remission agreements apply to Indian international students.
- Co-op placements may offer hourly pay (typically C$18–C$22 per hour for 10 hours weekly).
Cost of Living in Montreal for MA Economics Students
| Expense Category | Monthly Estimate (C$) | Annual Estimate (C$) | INR Equivalent (Annual) |
|---|---|---|---|
| Rent (shared apartment) | C$550–C$750 | C$7,700 | INR 5.25 Lakhs |
| Food and Groceries | C$300–C$400 | C$4,200 | INR 2.86 Lakhs |
| Public Transport (monthly pass) | C$86 | C$756 | INR 51,482 |
| Utilities and Internet | C$100–C$150 | C$1,500 | INR 1.02 Lakhs |
| Personal and Misc. | C$200–C$300 | C$3,000 | INR 2.04 Lakhs |
| Total Monthly | C$1,236–C$1,686 | C$17,156 | INR 11.68 Lakhs |
Key Insight: Montreal is Canada’s most affordable major city. Total estimated cost (tuition, fees, books, and living) for two years ranges from INR 74–78 Lakhs depending on lifestyle choices. This is 40–50 percent lower than Toronto or Vancouver.
Concordia University Master of Arts Economics Admission 2026
MA Economics requires a bachelor’s degree in economics. A 3.0 GPA is the minimum threshold. Concordia evaluates the full academic record, not just the final GPA. Work experience and research interests strengthen applications. International credentials are evaluated via WES (World Education Services) transcripts.
| Admission Requirement | Minimum | Competitive (for Indian Applicants) |
|---|---|---|
| Bachelor’s Degree in Economics | Honors or equivalent | B.Tech or B.Sc in Economics / Business Mathematics |
| GPA (Cumulative) | 3.0 (4.0 scale) | 3.2+ (4.0 scale) or 6.5+ (10-point scale) |
| Work Experience | Not required | 6+ months in finance, policy, or analytics (preferred) |
| Statement of Purpose | 250–300 words | 500–600 words, addressing research interests and career goals |
| Letters of Recommendation | 2 (academic or professional) | 2 from economics or quantitative-methods professors |
Concordia University ranks 465th globally on QS World University Rankings 2026. The Economics discipline ranks 22nd across Canada and 377th internationally on QS subject rankings.
English Language Proficiency (ELP)
Applicants whose primary language is not English must demonstrate sufficient proficiency. Tests are TOEFL iBT, IELTS Academic, or Duolingo English Test. Concordia requires evidence that you can succeed in English-medium graduate coursework.
- TOEFL iBT minimum: overall score 80 (Reading 19, Writing 18, Listening 19, Speaking 18).
- IELTS Academic minimum: overall score 6.5 (Reading 6.0, Writing 6.0, Listening 6.5, Speaking 6.0).
- Duolingo English Test minimum: score 100.
- Indian applicants typically prepare for IELTS 6.5–7.0 over 8–12 weeks; TOEFL iBT requires 10–16 weeks for comparable skill levels.
Tip for Indian Students: A CGPA of 6.5–7.0 on the 10-point scale is competitive. If your CGPA is 6.0–6.4, strengthen your application with published research, work experience, or a high IELTS score (7.0+).
Concordia University Master of Arts Economics Application 2026
The application process is fully online. Submit your transcript, statement of purpose, two letters of recommendation, and proof of English proficiency. WES credential evaluation is required before admission and takes 7–14 days to process.
| Intake | Application Deadline | Expected Decision | Status |
|---|---|---|---|
| Fall 2026 (September) | 15 January 2026 | March–April 2026 | Open |
| Winter 2027 (January) | Expected 30 November 2026 | Expected January 2027 | Not yet open |
| Fall 2027 (September) | Expected 15 January 2027 | Expected March 2027 | Not yet open |
- Applications must include a WES transcript evaluation, which costs USD $180–USD $200.
- Order your WES evaluation 4 weeks before the deadline to allow processing and transmission time.
- Incomplete applications may be placed on a waitlist until all materials arrive.
Application Tip: Early submission (3–4 weeks before the deadline) improves your chances. Admissions committees review applications on a rolling basis; later applications may face limited funding availability.
Concordia University Master of Arts Economics Scholarships 2026
Concordia offers merit-based scholarships and teaching or research assistantship packages. Most thesis-track admits receive TA/RA funding. Entrance scholarships range from C$800 to C$1,600 annually. Graduate fellowships up to C$5,000 per term are available for strong academic records.
| Scholarship / Award | Amount (C$) | Amount (INR) | Eligibility |
|---|---|---|---|
| Graduate Entrance Award (thesis-based) | C$800–C$1,600 per year | INR 54,512–INR 1.09 Lakhs | GPA 3.0+; automatic on admission |
| TA/RA Stipend (10 hrs/week) | C$5,000–C$10,000 per term | INR 3.41–INR 6.81 Lakhs per term | Thesis-track admits; competitive allocation |
| Graduate Fellowship (competitive) | C$2,500–C$5,000 (one-time) | INR 1.70–INR 3.41 Lakhs | Outstanding research proposal; GPA 3.2+ |
| Co-op Student Hourly Wage | C$18–C$22 per hour | INR 1,227–INR 1,499 per hour | After semester one; competitive placement |
For an Indian applicant admitted to the thesis-based MA, a typical package includes a C$1,000 entrance award plus a C$7,500 annual TA/RA stipend. This offsets approximately 30–40 percent of year-one costs.
Scholarship Reality: Funding is primarily for thesis-track students. Course-only students rarely receive TA/RA appointments. If you require funding, clearly indicate research interests in your statement of purpose.
Read More: Concordia University Scholarships and Financial Aid
Concordia University Master of Arts Economics Salary 2026
MA Economics graduates work in policy analysis, consulting, finance, and research. Entry-level salaries in Canada range from C$65,000 to C$80,000 annually (INR 44.31 Lakhs to INR 54.51 Lakhs). Government economist roles pay C$68,000–C$75,000. Private-sector consulting and finance roles offer C$70,000–C$90,000.
| Career Role | Entry Salary (C$) | Entry Salary (INR) | Early Career (3–5 years) | Early Career (INR) |
|---|---|---|---|---|
| Policy Economist (Government) | C$68,000 | INR 46.34 Lakhs | C$78,000 | INR 53.13 Lakhs |
| Financial Analyst (Banks / FinTech) | C$72,000 | INR 49.06 Lakhs | C$85,000 | INR 57.92 Lakhs |
| Research Economist (Think Tank) | C$65,000 | INR 44.31 Lakhs | C$76,000 | INR 51.79 Lakhs |
| Economic Consultant | C$70,000 | INR 47.70 Lakhs | C$90,000 | INR 61.33 Lakhs |
| International Organizations (UN, World Bank) | C$75,000–C$100,000 | INR 51.11–INR 68.14 Lakhs | C$95,000–C$130,000 | INR 64.74–INR 88.58 Lakhs |
Source: Statistics Canada Job Bank (2026); Glassdoor Canada; Concordia Career Services Employment Survey.
After federal (14–33 percent) and Quebec provincial (5–13 percent) taxes, plus CPP (5.95 percent) and EI (1.63 percent), take-home income is typically 55–65 percent of gross salary. Salaries vary by location, sector, and years of experience.
- Government roles offer job security, pension benefits, and predictable salary grids.
- Banking and FinTech roles offer higher starting salaries and bonus potential.
- International organization roles (World Bank, UNDP) offer premium packages and visa sponsorship.
- A PGWP (2-year work permit) allows post-study employment. Skilled-worker visa routes require C$62,000 annual income, which is achievable for most MA graduates.
ROI Reality: Total two-year cost (tuition, fees, books, and living) ranges from INR 74–78 Lakhs, making it 40–50 percent cheaper than Toronto or Vancouver. First-year gross salary is INR 46–52 Lakhs. Most graduates recoup their investment within 24–36 months, especially in consulting or finance roles.
Check Out: Canada Post-Study Work Visa and Skilled Immigration
Canada Visa Pathway Master of Arts Economics
MA Economics graduates are eligible for the Post-Graduation Work Permit (PGWP) for two years. This is an open work permit; no employer sponsorship is required. After 12 months of skilled work, you can apply for permanent residence via Express Entry or Ontario PNP (if working in Ontario). Spouse and dependent visas are also available.
- PGWP duration matches program length (two years) and is valid for full-time work across all Canadian provinces and sectors.
- Skilled-worker visa route (Express Entry) requires C$62,000 annual salary; most MA economists meet this threshold within the first year.
- PR pathway: 12 months skilled work experience in Canada plus PGWP validity remaining → eligible for Express Entry or Ontario PNP.
- Spouse or dependent visas can be obtained during your study or work period; no additional fees for dependents on a PGWP.
Visa Reality: The PGWP is a secure pathway to permanent residence for most skilled degree holders. No lottery or quota limits apply. Plan work experience strategically to align with PR application timelines (typically 18–24 months after graduation).
Read More: Canada Student Visa and Study Permit Requirements
Concordia University Master of Arts Economics Ranking 2026
Concordia University ranks 465th globally on the QS World University Rankings 2026. In the Economics discipline specifically, Concordia ranks 22nd across Canada and 377th internationally. This positions the MA Economics programme within Canada’s top-tier research universities and among the world’s leading economics schools for advanced study.
| Ranking Metric | Rank | Year | Source |
|---|---|---|---|
| Overall University (QS World) | #465 | 2026 | QS World University Rankings |
| Economics (Canada) | #22 of ~90 universities | 2026 | QS Subject Rankings |
| Economics (Worldwide) | #377 | 2026 | QS Subject Rankings |
| Business Masters (Finance) | #101 (QS) | 2025–2026 | QS Business Masters Rankings |
Concordia’s economics faculty conducts active research in development economics, financial econometrics, labour markets, and international trade. The programme’s strength in applied econometrics and policy-relevant research attracts PhD aspirants and industry professionals.
Key Insight: Concordia’s #465 global ranking is mid-tier for research universities; it is not an elite (top-50) school. However, the MA Economics programme itself ranks #22 in Canada, placing it above many larger universities. For Indian applicants, this represents solid career value without the premium cost or extreme competitiveness of top-10 schools.
The MA Economics at Concordia combines quantitative rigor with practical career outcomes. You gain advanced theoretical knowledge and applied econometrics skills in a research-active environment. Flexibility (thesis or course-based), funding availability, and affordable tuition make it an accessible pathway to Canadian employment and permanent residence. Montreal’s lower cost of living further increases affordability for international students from India.
Master of Arts Economics FAQs
Ques. Can I work part-time while studying the MA Economics at Concordia?
Ans. Yes, international students on a study permit can work up to 20 hours per week during semesters. During scheduled breaks (winter, summer), you can work full-time. Many MA students work as teaching assistants (TA) or research assistants (RA) within the university at C$18–C$22 per hour. Off-campus work also includes analytics roles, research internships, and policy research positions. Check the International Student Office website for current work permit restrictions.
Ques. Is the MA Economics thesis-based or course-based?
Ans. Concordia offers both options. The thesis-based track (typically 45 credits coursework plus 45 credits research) suits students interested in PhD studies or academic research careers. The course-based track (90 credits coursework) is faster and better for those targeting industry roles (finance, consulting, government). Discuss your career goal during the application to signal your preferred track; admission letters typically indicate which track you are admitted to.
Ques. What is the co-operative (co-op) program, and can I participate?
Ans. After completing your first semester, you can apply for the co-operative education program. This allows you to alternate semesters of coursework with paid internships at partner organizations (banks, government agencies, consulting firms, NGOs). Co-op placements typically pay C$18–C$22 per hour and span four months. Participation is optional but highly recommended for building Canadian work experience and earning income that offsets tuition costs.
Ques. How difficult is it for Indian applicants to get admitted to Concordia MA Economics?
Ans. Concordia MA Economics is moderately competitive. Indian applicants with a CGPA of 6.5 or higher on the 10-point scale, IELTS 6.5, and a clear statement of purpose are competitive. Approximately 40–50 percent of qualified Indian applicants are admitted. If your CGPA is 6.0–6.4, strengthen your application with research experience, work in finance or policy, or a high IELTS score (7.0+). Admission is merit-based; no quota restrictions apply to Indian students.
Ques. Can I apply for Canadian permanent residence (PR) after completing the MA Economics?
Ans. Yes. After graduation, you receive a two-year PGWP. Work in Canada for 12+ months in a skill-matched role (policy, finance, research, consulting). Then apply via Express Entry (federal) or Ontario PNP if working in Ontario. Most MA Economics graduates with C$62,000+ salary are eligible within 18–24 months of graduation. PR pathway timelines are typically 12–24 months from application to approval. Plan ahead by ensuring your job and province align with PR requirements.
Important Alert
- Application Deadline for Fall 2027 Intake - Jan 15, 2027
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $17292 (CAD 24017) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Room | $5832 (CAD 8100) |
| Food | $4536 (CAD 6300) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $26388 (CAD 36650) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Winter 2027 Intake | |
| Application Deadline for Fall 2027 Intake | Jan 15, 2027 |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
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Key Resources for Your Study Abroad Journey
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Career and Placement after Course
Students have job opportunities in:
- Financial institutions
- Multinational companies
- Government agencies
- Pharmaceutical corporations
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| University of Montreal Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,520/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 14,400/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based |
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