Master of Business Administration [M.B.A] (Finance)
$15,888 /Yr
Laval University Master of Business Administration (MBA) Finance is a 45-credit professional master’s degree in Quebec City, completed in about two years full-time. It requires a relevant bachelor’s degree and at least 3.22 on 4.33, approximately 75% to 80% or 7.5 to 8.0 on 10 for Indian applicants. For Indian applicants, Fall 2027 tuition is unpublished; 2026-27 tuition was C$22,724.24 (INR 15.68 Lakhs), as a prior-cycle reference, and intakes are Fall and Winter.
Laval’s Finance MBA trains students in corporate finance, financial analysis, portfolio management, market finance, risk management and financial data analysis. Its distinctive proposition combines a six-credit final project or integration internship with courses aligned to CFA (Chartered Financial Analyst) and CAIA (Chartered Alternative Investment Analyst) examination preparation. These professional finance designations can strengthen a technical career plan, while French study and quantitative prerequisites suit applicants with business, science, engineering, actuarial, statistics, economics or mathematics preparation.
- The 45-credit structure includes financial econometrics, derivatives, portfolio management and market-focused study.
- A six-credit final activity lets an eligible international student choose between a finance project and an integration internship.
- The international profile can support one or two semesters at a partner university outside Canada, with Canada exchanges and a double-degree pathway also available.
Current Admission Status
Applications for the Fall 2027 intake are Not Yet Open. International student deadline: 1 February 2027.
The official schedule opens the Fall 2027 form on 15 August 2026. French evidence and mathematics proof must be ready with the application, so Indian applicants should align testing and document preparation with the university’s date-only cutoff.
Also Check: Laval MBA Admission
Laval University MBA Finance Fees and Living Costs 2027
Fall 2027 international tuition is unpublished after checks of the programme, application and fee surfaces. Verify the target fee on the official fee page.
Prior-cycle reference: the table shows official 2026-27 course-based master’s charges, not confirmed Fall 2027 fees. No 45-credit tuition total is calculated because the published credit rows do not reconcile arithmetically.
| Fee item | Prior-cycle CAD | INR equivalent | Applicant meaning |
|---|---|---|---|
| One course, 3 credits | C$2,800.59 | INR 1.93 Lakhs | Published 2026-27 reference |
| One full-time semester, 12 credits | C$11,362.12 | INR 7.84 Lakhs | Published 2026-27 reference |
| Tuition, 24 credits per year | C$22,724.24 | INR 15.68 Lakhs | Annual reference only |
| Health insurance, one year | C$900 | INR 62,100 | Separate annual charge |
| Application fee | C$475 | INR 32,775 | Separate application charge |
All INR conversions in the article use a conversion rate of CAD 1 = INR 69 as of 16 June 2026. Rates fluctuate daily, verify before applying.
- Do not use the 2026-27 annual reference as a confirmed Fall 2027 tuition invoice when arranging an education loan.
- The university’s 45-credit requirement makes the target bill sensitive to registered-credit timing, so wait for the 2027-28 schedule before fixing the full tuition amount.
- Health insurance and the application fee should remain separate lines in an Indian applicant’s funding plan.
Cost of Living in Quebec City for MBA Finance Students
The cached official student budget is C$1,382 (INR 95,358) per month, or C$16,584 (INR 11.44 Lakhs) annually in Quebec City.
This is a combined university estimate rather than a course-specific rent breakdown, so keep it separate from tuition and the study-permit financial requirement.
| Expense | Monthly (CAD) | Monthly (INR) | Annual (CAD) | Annual (INR) |
|---|---|---|---|---|
| Official student living estimate | C$1,382 | INR 95,358 | C$16,584 | INR 11.44 Lakhs |
Source: Université Laval student cost-of-living estimate for Québec City.
Prior-cycle planning illustration: two annual tuition references total C$45,448.48 (INR 31.36 Lakhs).
Two years of living, two years of health insurance and the application fee add C$35,443 (INR 24.46 Lakhs), producing C$80,891.48 (INR 55.82 Lakhs).
This calculated figure is a planning illustration, not a university-published 45-credit total, and it excludes travel, books and future fee changes.
Check Out: Canada cost of studying guide
ROI reality: Fall 2027 tuition is unpublished, so use the C$80,891.48 (INR 55.82 Lakhs) illustration only for early funding discussions. Refresh it against the 2027-28 fee schedule.
Laval University MBA Finance Admission 2027
Admission requires a relevant bachelor’s degree, a minimum academic average and proof of mathematics before the programme begins.
The official Finance programme page also makes French proficiency essential because teaching, assignments and examinations are in French.
Meeting the published minimum does not guarantee admission, because the programme reviews prior preparation, the complete file and available resources.
| Requirement | Official requirement | Indian-applicant reading |
|---|---|---|
| Previous degree | Bachelor’s degree in administration, science, engineering or a related field | Actuarial science, statistics, economics and mathematics are named related areas |
| Minimum average | 3.22 on 4.33, approximately 75% to 80% or CGPA (cumulative grade point average) 7.5 to 8.0 on 10 | Use the university’s equivalency review rather than a self-converted percentage alone |
| Case-by-case range | 2.80 to 3.21 on 4.33, approximately 65% to 75% or 6.5 to 7.5 on 10 | Possible review, but the programme states that admission is not automatic |
| Mathematics | Differential calculus, linear algebra and vector geometry completed before admission | Show equivalent university coursework or complete MAT-1950 Mathematics for Business |
| Business preparation | Up to eight preparatory courses, or 24 credits, may be required | Applicants from science or engineering should map accounting, management and quantitative gaps |
| Finance preparation | Up to six preparatory finance courses, or 18 credits, may be required | Applicants without finance study should budget extra time and credits |
| Documents | Curriculum vitae, approximately two-page motivation letter, international secondary-school transcript and French evidence when required | Use the letter to connect quantitative preparation with a specific finance objective |
| Selection | Prior preparation, complete file and available resources determine the decision | A minimum average is a threshold, not an admission probability |
The Finance MBA does not publish a programme-level GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examinations) threshold on the checked official page.
No programme-specific Finance ranking is used here because the available ranking context does not measure this MBA’s curriculum.
French and English Language Requirements
The TCF (Test de connaissance du français) is the main published French route for non-francophone applicants.
Applicants must submit the required French evidence with the application.
English is not an admission condition, but it supports reading; no TOEFL or IELTS admission threshold is published.
| Language route | Minimum evidence | Applicant action |
|---|---|---|
| TCF-TP mandatory tests | At least 600 out of 699 | Submit a result achieved within the stated validity period |
| TCF-TP written expression | At least 14 out of 20 | Prepare the written component separately |
| FLS-2093 alternative | Grade C or equivalent in Rédaction de textes argumentatifs | Confirm equivalency before choosing this route |
| French-language education waiver | French-language Québec college diploma with the uniform exam or a university degree from a French-language institution | Provide official proof of the teaching language |
| English | Not an admission condition, but English reading comprehension is needed | Prepare for English academic texts and finance resources |
- Schedule TCF-TP preparation early enough to transmit both required scores with the Fall 2027 application.
- TOEFL (Test of English as a Foreign Language) and IELTS (International English Language Testing System) policy is unpublished for admission, so neither replaces French evidence.
- Use a French-language degree waiver only when the issuing institution can document French as the language of instruction.
Language checkpoint
French is both an admission and completion issue, while English reading remains important for finance study. Indian applicants should settle the French route before paying the application fee.
Tip for Indian students: The 3.22 threshold is only one filter, so document mathematics, finance preparation and French evidence before the Fall 2027 deadline.
Laval University MBA Finance Application 2027
The earliest future entry is Fall 2027, and its international application deadline is 1 February 2027.
The form opens on 15 August 2026, while Winter 2028 offers a later route with a 1 July 2027 international deadline.
The checked official deadline schedule gives date-only cutoffs and says the programme description prevails when it states a different date.
| Intake | Application opening | International deadline | Status on 12 August 2026 |
|---|---|---|---|
| Fall 2027 | 15 August 2026 | 1 February 2027 | Announced, form not yet open |
| Winter 2028 | 1 January 2027 | 1 July 2027 | Announced |
The Fall route should be the priority for applicants whose French result, mathematics proof and funding documents can be ready for the February cutoff.
Winter 2028 is a timing alternative, but it delays access to the Finance MBA’s portfolio, risk and financial-data coursework.
No decision date or interview stage is published on the checked programme and application surfaces, so plan around a complete submission rather than an assumed response date.
Application Stages and File Preparation
Start with the online application, then upload the Finance MBA documents alongside the university’s general international checklist.
A strong file should connect prior quantitative study, French readiness and a specific finance career objective.
- Complete TCF-TP testing before the selected intake deadline so the mandatory French scores can accompany the application.
- Map differential calculus, linear algebra and vector geometry against your transcript before requesting an admission review.
- Use the approximately two-page motivation letter to connect finance preparation with portfolio, risk, corporate-finance or financial-data goals.
- Upload the curriculum vitae and international secondary-school transcript because both appear in the programme’s document list.
Timing checkpoint
Fall 2027 is the earliest announced intake, but the form opens on 15 August 2026 and the date-only deadline is 1 February 2027. Prepare the language file before the portal opens.
Application tip: Use Fall 2027 as the main target, reserve Winter 2028 as the documented alternative and submit French evidence with the complete quantitative profile.
Laval University MBA Finance Scholarships 2027
FSA ULaval publishes admission, excellence and mobility scholarships for master’s students, but Fall 2027 award dates are not published.
The published values are competitive awards rather than confirmed tuition reductions, so an Indian applicant needs an initial funding plan that works without scholarship income.
The table records the current published award information and its cycle position for the announced Fall 2027 intake.
| Award | Published value | INR equivalent | Eligibility or route | Cycle position |
|---|---|---|---|---|
| FSA admission scholarships | Average C$2,000 | Average INR 1.38 Lakhs | New master’s applicants selected through the admission competition | Current published; Fall 2027 date not confirmed |
| FSA excellence scholarships | Up to C$5,000 | Up to INR 3.45 Lakhs | Academic results, leadership and social or professional involvement during master’s study | Current published; award timing not confirmed |
| FSA mobility scholarships | Approximately C$2,000 | Approximately INR 1.38 Lakhs | Approved study-abroad projects through the international profile | Current published; award timing not confirmed |
The admission award is the most relevant upfront possibility, but the current page does not confirm a Fall 2027 competition deadline or an award for every admitted student.
- Keep the prior-cycle planning illustration of C$80,891.48 (INR 55.82 Lakhs) available until a written scholarship decision changes the budget.
- Prepare an academic, leadership and professional evidence file because the published excellence criteria extend beyond grades.
- Use the mobility route only when the study plan includes an approved international profile and its additional travel commitments.
Scholarship timing
Submit the Fall 2027 admission application by 1 February 2027, then check the relevant FSA competition notice because the current published page does not state the award date.
Read More: Canada scholarship and visa planning
Scholarship reality: The published average admission award is C$2,000 (INR 1.38 Lakhs), but its target deadline is unconfirmed, so finance the application without counting it.
Laval University MBA Finance Salary 2027
No course-specific salary or placement report was found for Laval MBA Finance, so the article uses the closest official Quebec finance employment proxy.
The proxy covers Quebec graduates in Operations banking and finance, not this MBA, so it provides market context rather than a course outcome.
The 2023 La Relance survey covers the 2021 graduating cohort approximately 20 months after graduation.
| Evidence scope | Cohort and method | Employment results | Average salary | INR equivalent | How to use it |
|---|---|---|---|---|---|
| Closest Quebec-wide proxy, not Laval MBA Finance | Operations banking and finance master’s graduates, 2021 cohort, 259 graduates, 53.7% response rate | 96.4% employed, 87.3% in training-related work, 99.1% full-time and 74.1% job satisfaction | C$44.32 per hour | INR 3,058 per hour | Use for market context, not a placement guarantee |
Source: Université Laval Service du développement professionnel, La Relance 2023 survey.
The official Finance programme identifies financial analysts, portfolio managers, traders and finance directors among relevant role families.
It also names insurance companies, investment firms, financial institutions, governments and regulatory bodies as employer settings.
Take-home pay varies with Quebec tax, deductions and work status, so run any accepted offer through a current Canadian tax calculator before comparing repayment.
ROI for Indian Applicants
The financial case remains uncertain because Fall 2027 tuition is unpublished, while the prior-cycle planning illustration is C$80,891.48 (INR 55.82 Lakhs).
- Use the C$80,891.48 (INR 55.82 Lakhs) prior-cycle illustration only for early borrowing discussions, then replace it with the official 2027-28 fee schedule.
- The 45-credit curriculum and six-credit project or internship can create finance evidence, so select the final activity that produces the strongest portfolio for your target role.
- The Quebec proxy reports 96.4% employment and C$44.32 (INR 3,058) per hour, but its broader scope requires employer-level validation before you treat it as an outcome.
- The programme’s CFA and CAIA alignment may support professional exam planning, but exam costs and credential completion remain separate from university tuition.
- Applicants returning to India should compare the finance portfolio, professional-designation route and local employer demand rather than transferring the Quebec proxy salary into an India-return forecast.
Career evidence checkpoint
The strongest verified outcome evidence is a Quebec-wide proxy, not a Laval MBA Finance placement rate. Ask employers about language, licensing and role-specific modelling expectations before borrowing.
ROI reality: The programme offers a finance-specific portfolio route, but its tuition is not confirmed for Fall 2027. Its salary evidence is a broader Quebec proxy, so validate both before committing.
Canada Visa for Laval University MBA Finance Students 2027
Indian applicants should budget the Canadian study permit fee of C$150 (INR 10,350) separately. The cached student financial benchmark is C$20,000 (INR 13.80 Lakhs), separate from ULaval’s living estimate.
The two-year full-time Finance MBA aligns with a PGWP (Post-Graduation Work Permit) duration matching the programme, up to four years.
This permit is an open work permit without an employer-sponsor requirement in the cached country facts, but eligibility and policy should be checked before financing on that assumption.
- Use the PGWP window to build finance experience, then verify the current permit rules before selecting a project, internship or return-to-India timeline.
- The cached Canadian planning record uses C$62,000 (INR 42.78 Lakhs) as a benchmark for selected skilled-worker routes, not a Finance graduate salary or Quebec nomination requirement.
- Express Entry processing is about six months after an eligible complete application, while a provincial route is about twelve months; citizenship eligibility begins after three years of permanent residence.
- Dependant eligibility depends on the current route and family circumstances, so verify spouse or child rules before adding travel, housing or insurance costs.
Check Out: Canada student visa guide
Visa reality: The Finance MBA can align with a post-study work window matching its two-year length, but study-permit funds and future residency decisions require separate, current verification.
Laval University’s Finance MBA fits applicants with quantitative or business preparation who want a French-led, finance-specific professional degree.
Its derivatives, econometrics, portfolio management and final-activity structure support analyst-oriented preparation, while the language requirement is a real completion tradeoff.
Because Fall 2027 tuition and scholarship dates remain unpublished, the prior-cycle C$80,891.48 (INR 55.82 Lakhs) illustration should not become a final loan figure.
Your next decision is whether French evidence, mathematics proof and funding can be ready for the 1 February 2027 international deadline.
Laval University MBA Finance FAQs
Ques. Is Laval University MBA Finance suitable for an Indian applicant with a science or engineering degree?
Ans. Yes, the programme names science, engineering, actuarial science, statistics, economics and mathematics as relevant backgrounds, but applicants still need the academic average, mathematics proof and French evidence.
Ques. Does the Finance MBA require French, IELTS or TOEFL?
Ans. Non-francophone applicants need the published TCF-TP route or an accepted alternative. English is not an admission condition and supports reading; no TOEFL or IELTS admission threshold is published.
Ques. What should an Indian applicant budget before Fall 2027 tuition is published?
Ans. Use the calculated prior-cycle planning illustration of C$80,891.48 (INR 55.82 Lakhs) for early discussions only. It is not a confirmed 2027-28 45-credit university bill.
Ques. Which intake should an Indian applicant target for this Finance MBA?
Ans. Fall 2027 is the earliest announced option with a 1 February 2027 international deadline. Winter 2028 remains a later route with a 1 July 2027 deadline if the language or funding file needs more preparation.
Ques. Does this MBA guarantee a finance job or a Canadian post-study route?
Ans. No course-specific placement rate is published, and the 96.4% employment figure is a broader Quebec proxy. The two-year programme aligns with a cached post-study work window matching programme length, subject to current eligibility rules.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $15888 (CAD 22066) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and Food | $11520 (CAD 16000) |
| Personal Expenses | $4320 (CAD 6000) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $15431 (CAD 21432) |
| 2023 | $12914 (CAD 17936) |
| 2021 | $7978 (CAD 11080) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall Intake | |
| Application Deadline For Winter 2026 Intake | |
| Application Deadline For Summer Intake | May 1, 2026 - Dec 1, 2026 |
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Jared J. Davis Grant | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Golden Key Graduate Scholar Award | Scholarship per student$ 1,080/Yr$1,500 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,440/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| University of Montreal Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| USD 25,916 /Yr CAD 35,994 /Yr |
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Application Deadline for Fall 2027 Intake (1st Feb 2027) | USD 21,828 /Yr CAD 30,317 /Yr |
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| USD 19,552 /Yr CAD 27,156 /Yr |
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| USD 20,191 /Yr CAD 28,043 /Yr |
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Comments
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