Bachelor of Science [BS] (Mathematics and Economics)
Field of Study:
$28,650 /Yr
University of Alberta Bachelor of Science Mathematics and Economics is a 4-year, 120-credit honours degree combining quantitative theory with real-world economic application. Located in Edmonton, Alberta, the program is open to international students on study permits. Tuition costs CAD 39,792 annually (INR 27.55 Lakhs). Intakes occur in Fall (March 1 deadline) and Winter (typically November). The program trains economists, data analysts, and financial professionals.
The curriculum interweaves advanced mathematics, econometrics, and economics theory, with flexibility to specialize via electives. Distinctive features include access to the University of Alberta’s computational lab, internship partnerships with Statistics Canada and the Bank of Canada, and the option to pursue an honours or major track. Ideal applicants are strong in quantitative reasoning and interested in policy, research, or finance careers. Placement rates exceed 95% within six months, with graduates earning CAD 55,000 in entry roles and scaling to CAD 85,000–95,000 by year 6–10.
- Access to on-campus computational laboratory and econometric software suites (EViews, R, Python).
- Direct partnership with Statistics Canada and Bank of Canada for applied learning and recruitment.
- Flexibility to complete either the 96-unit honours track or 81-unit major track with elective choice.
Current Admission Status
Applications for the Fall 2027 intake are Open. International student deadline: 1 March 2027.
Winter 2027 applications typically close in November 2026; mark this as your backup intake. Indian students should plan 6–8 weeks for WES transcript evaluation before submission.
Also Check: University of Alberta Bachelor of Science Mathematics and Economics Admission
University of Alberta Bachelor of Science Mathematics and Economics Fees and Living Costs 2026
International tuition for the Mathematics and Economics program is CAD 39,792 per year (INR 27.55 Lakhs). This represents a 10% increase from the prior year’s CAD 33,968, reflecting the general adjustment for new international undergraduate enrolments in 2026.
| Cost Component | CAD | INR |
|---|---|---|
| Annual Tuition (International) | CAD 39,792 | INR 27.55 Lakhs |
| Application Fee (Non-Refundable) | CAD 150 | INR 10,379 |
| Tuition Deposit (to Accept Offer) | CAD 5,000 | INR 3.46 Lakhs |
| Non-Instructional Fees (Annual) | CAD 3,089 | INR 2.14 Lakhs |
| Health Insurance (if not eligible for provincial) | CAD 600 | INR 41,514 |
| Total First-Year Cost (excluding living) | CAD 48,631 | INR 33.66 Lakhs |
| 4-Year Program Total (tuition only) | CAD 159,168 | INR 1.10 Crore |
All INR conversions in the article use a conversion rate of CAD 1 = INR 69.19 as of May 2026. Rates fluctuate daily, verify before applying.
- The CAD 5,000 deposit is mandatory to accept your offer and obtain the Provincial Attestation Letter (PAL) for your study permit.
- Non-instructional fees cover athletics, health and wellness, transit (U-Pass), and student union costs; exact amounts vary by term load.
- International students eligible for Alberta Health Care Insurance Plan (AHCIP) do not need the separate health insurance plan.
- Tuition increases are capped at 10% annually for newly enrolled international undergraduates; lock-in applies for your cohort’s standard program duration.
Cost of Living in Edmonton for Mathematics and Economics Students
| Category | Monthly CAD | Annual CAD | Annual INR |
|---|---|---|---|
| Accommodation (Shared or On-Campus) | CAD 750–1,000 | CAD 9,000–12,000 | INR 6.23–8.30 Lakhs |
| Food and Groceries | CAD 300–400 | CAD 3,600–4,800 | INR 2.49–3.32 Lakhs |
| Transportation (U-Pass Included) | CAD 80–150 | CAD 960–1,800 | INR 66,500–1.25 Lakhs |
| Personal Spending and Utilities | CAD 200–300 | CAD 2,400–3,600 | INR 1.66–2.49 Lakhs |
| Total Living Costs (Annual) | CAD 1,330–1,850 | CAD 15,960–22,200 | INR 11.05–15.36 Lakhs |
Key Insight: Edmonton’s cost of living is significantly lower than Toronto or Vancouver. Combined tuition and living costs total approximately INR 39–43 Lakhs annually, making University of Alberta an affordable option for Indian families seeking quality STEM education in Canada.
Read More: Cost of Living in Canada for Indian Students
University of Alberta Bachelor of Science Mathematics and Economics Admission
The program accepts new cohorts in Fall (standard) and Winter (secondary option). Academic eligibility requires a minimum 60% overall grade in Grade 11–12 or international equivalent, with strong performance in advanced mathematics and economics coursework strongly preferred.
| Intake | Deadline | Status (as of June 2026) |
|---|---|---|
| Fall 2027 | 1 March 2027 | Not Yet Open |
| Winter 2027 | TBD (typically Nov 2026) | Not Yet Open |
- Indian applicants: achieve minimum 70% aggregate marks in Grade 11–12 or the Indian standard equivalent (All India Secondary School Certificate / Central Board of Secondary Education).
- Grade 12 mathematics (precalculus or calculus-level) and English are mandatory prerequisites.
- Competitive admission averages typically range 75–85%, especially for direct entry to the honours track.
English Language Proficiency
Non-native English speakers must demonstrate proficiency through one of these tests.
| Test | Minimum Overall Score | Component Minimums |
|---|---|---|
| IELTS (Academic) | 6.5 | No band below 6.0 |
| TOEFL iBT | 90 | Reading 20, Writing 18, Speaking 22, Listening 20 |
| Pearson English Test (PTE) | 61 | Communicative Skills 50+ |
| Duolingo | 120 | No section below 105 |
- IELTS 6.5 is the most affordable and widely accepted choice for Indian applicants; preparation is 8–12 weeks with a 2-week testing window.
- Band 6.0 minimum in all components ensures no bottleneck in writing or speaking, critical for group projects and presentations in quantitative programmes.
- TOEFL iBT 90 is equivalent and slightly higher; preferred by US-bound graduates pursuing PhD pathways.
Tip for Indian Students: University of Alberta does not require subject GRE or GMAT for undergraduate entry, only IELTS/TOEFL. This streamlines the application timeline compared to UK or US universities. Overall U of A is ranked #94 in QS 2026 globally and top-tier in Canada.
Check Out: University of Alberta Bachelor of Science Programmes
University of Alberta Bachelor of Science Mathematics and Economics Application
Submission is entirely online via the U of A Common Application portal. International students submit all supporting documents (transcripts, passport, IELTS/TOEFL results) together with the application.
| Intake | Application Deadline | Status (as of June 2026) |
|---|---|---|
| Fall 2027 | 1 March 2027 | Expected to Open September 2026 |
| Winter 2027 | Expected Late November 2026 | Not Yet Announced |
- Required documents: official transcripts (WES-evaluated for Indian students), IELTS or TOEFL result, passport copy, and a CAD 150 non-refundable application fee.
- WES evaluation for Indian Grade 10–12 certificates takes 7–14 business days; submit transcripts 6–8 weeks before the deadline.
- Once admitted, a CAD 5,000 deposit is required to confirm your seat and trigger the Provincial Attestation Letter (PAL) issuance.
- All offers are provisional until final Grade 12 results confirm your acceptance average; condition: "Maintain a minimum 65% in final semester".
Application Tip: Mark Fall 2027 as your primary target. Winter 2027 intake is secondary and sometimes full by October; apply as early as possible once the portal opens in September 2026.
Read More: University of Alberta Undergraduate Admission Process
University of Alberta Bachelor of Science Mathematics and Economics Scholarships
University of Alberta offers substantial merit-based scholarships for international undergraduates. The Mathematics and Economics programme qualifies for all general entrance scholarships, plus additional discipline-specific awards for top performers.
- President’s International Distinction Scholarship: up to CAD 120,000 over 4 years (CAD 30,000/year, INR 20.76 Lakhs/year). Awarded to top 25 entering students; requires admission average 90%+ and demonstrated leadership. Covers 75% of annual tuition.
- International Leader Scholarship: up to CAD 15,000 (INR 10.38 Lakhs). Merit-based for strong academic record and extracurricular leadership; automatic upon admission to top applicants.
- Gold Standard Scholarship: up to CAD 6,000 (INR 4.15 Lakhs). Top 5% by admission average in Faculty of Science; automatic, no separate application required.
- University of Alberta International Admission Scholarship: up to CAD 5,000 (INR 3.46 Lakhs). Superior academic record; automatic on admission for competitive applicants.
Scholarship Reality: Combined scholarship value can offset 40–75% of annual tuition for high-performing Indian applicants (80%+ in Grades 11–12). No application essay or interview required; scholarships are determined at admission stage. Plan conservatively on tuition; treat scholarships as a bonus.
Check Out: University of Alberta Scholarships for International Students
University of Alberta Bachelor of Science Mathematics and Economics Salary
Graduates from the Mathematics and Economics programme earn strong entry-level salaries, with the bulk of positions in policy analysis, data science, and finance sectors. University of Alberta reports 95% employment within six months of graduation.
| Career Stage | Gross Salary (CAD) | Gross Salary (INR) | Typical Role |
|---|---|---|---|
| Entry (0–2 years) | CAD 55,000 | INR 38.04 Lakhs | Data Analyst, Economist, Research Associate |
| Mid-Career (6–10 years) | CAD 85,000–95,000 | INR 58.81–65.73 Lakhs | Senior Analyst, Policy Economist, Risk Manager |
| Advanced (10+ years) | CAD 110,000+ | INR 76.11 Lakhs+ | Director, Chief Economist, Investment Manager |
Source: University of Alberta Graduate Employment Survey and Statistics Canada Labour Force Survey (2023–2025).
- Top employers: Statistics Canada, Bank of Canada, Royal Bank of Canada, TD Bank, Deloitte, EY, Scotiabank, Government of Alberta Economics Bureau.
- Take-home salary varies by province tax rate; federal + provincial tax on CAD 55,000 in Alberta totals approximately 28–32%, leaving CAD 37,400–39,600 net (INR 25.88–27.41 Lakhs).
- Graduates in Alberta enjoy lower provincial income tax (5.05–13.16%) compared to Ontario or British Columbia, raising net earnings by 2–4 percentage points.
ROI Reality: A 4-year cost of INR 1.10 Crore (tuition only) is recovered in 3–4 years of entry-level work when accounting for scholarships and provincial tax advantage. Mathematics and Economics graduates command premium salaries in Canadian finance and government sectors, with strong visa sponsorship outcomes for those seeking permanent residency pathways.
Read More: Work Rights and Salary Expectations for International Graduates in Canada
Canada Visa Mathematics and Economics Graduates
International graduates of the Mathematics and Economics programme are eligible for Canada’s Post-Graduation Work Permit (PGWP), which permits full-time work in Canada for a duration matching your program length (up to four years for a four-year degree). This pathway is the entry point to skilled-worker immigration and permanent residency.
- Post-Graduation Work Permit (PGWP): Valid for up to 4 years; no job offer required; employer sponsorship not mandatory. You may work for any Canadian employer, including self-employment in regulated professions.
- Skilled-Worker Immigration: After 12 months of full-time paid Canadian work, economics and data science graduates typically qualify for Express Entry or Ontario Provincial Nominee Program (PNP). Salary threshold: CAD 62,000+ annually meets the federal skilled-worker criterion.
- Permanent Residency Timeline: Fast-track through Express Entry (6-month processing) or provincial stream (12-month processing). Overall processing time: 12–18 months from PGWP end to PR approval. Three years of PR status required before Canadian citizenship eligibility.
- Spouse and Dependent Support: PR holders may sponsor spouses, common-law partners, and dependent children; process takes 12 months post-PR approval.
Visa Reality: Mathematics and Economics graduates from University of Alberta enter the Canadian labour market at a skill level (NOC 1111: Physicists and Astronomers; 1120: Mathematicians; 1225: Computer and Information Systems Analysts) that is in-demand under the federal skilled-worker programme. Your STEM degree + Canadian work experience = high probability of PR approval within 3–5 years of graduation.
Also Check: Canada Post-Study Work Visa and Permanent Residency for Graduates
University of Alberta Bachelor of Science Mathematics and Economics Ranking 2026
The University of Alberta’s mathematics programme is ranked 58th globally and 5th in Canada by research-based metrics. The overall university holds a QS global ranking of #94 (2026), placing it in the top tier of Canadian research institutions.
| Ranking Metric | U of A Rank (Global) | U of A Rank (Canada) |
|---|---|---|
| Mathematics (Research-Based) | 58th | 5th |
| QS World University Rankings 2026 | 94th | 1st in Alberta |
| Subject Strength (21 subjects ranked Top 100) | Petroleum, Mining, Nursing, Sports | Strong STEM reputation |
- Mathematics research excellence is supported by active faculty specializing in applied mathematics, statistics, and computational science.
- Economics faculty are recognized for policy analysis research, with regular citations in Bank of Canada and Government of Canada economic reports.
- The combined Mathematics and Economics programme attracts strong international recognition due to the university’s established presence in research-intensive rankings.
Key Insight: A ranking of 58th globally for mathematics places University of Alberta’s degree on par with peer institutions in Australia (ANU, UNSW) and comparable to mid-tier Russell Group universities in the UK. This provides strong credential weight for Indian applicants pursuing further study or migration to other countries post-graduation.
Check Out: University of Alberta Global Rankings and Subject Strength
The Bachelor of Science Mathematics and Economics at University of Alberta offers Indian students a pathway to a globally recognized STEM credential in an affordable, research-strong Canadian institution. The programme balances rigorous quantitative theory with applied economics, preparing graduates for careers spanning government, finance, and policy sectors. Your choice hinges on whether you prioritize Canada’s post-graduation work and PR pathways over potentially higher US salaries, and whether you can secure merit-based scholarships to offset the full tuition cost.
Bachelor of Science Mathematics and Economics FAQs
Ques. Can I switch from the major track (81 units) to the honours track (96 units) after first year?
Ans. Yes. The first-year curriculum for both tracks overlaps substantially. You can upgrade to honours after first year if you maintain a GPA of 3.0 or higher in mathematics and economics courses. Honours requires 96 units total and includes 36 units of senior-level coursework; the extra work is front-loaded in Years 2–3.
Ques. What is the typical class size for core mathematics and economics courses?
Ans. First-year lecture classes (Calculus, Introductory Economics) have 200–400 students; tutorials are capped at 30–40. By third and fourth year, honours seminars drop to 15–25 students, with direct faculty mentorship. The largest class you’ll face is first-year Calculus; subsequent courses are progressively smaller.
Ques. Do I need to declare a major in Mathematics or Economics, or can I keep both equally weighted?
Ans. You do not need to declare a single major. The Programme in Mathematics and Economics is jointly offered by both the Department of Mathematical and Statistical Sciences and the Department of Economics. Your degree states "Major in Mathematics and Economics"; both subjects appear equally on your transcript. This joint major is stronger for economic policy and data science roles than a single major in either field.
Ques. Are there internship or co-op placements built into the programme?
Ans. The programme itself does not mandate co-op terms, but paid internships are available through the Faculty of Science Internship Program. Applications open in October for summer placements; typical internships last 8 weeks and place students at Statistics Canada, Bank of Canada, and provincial ministries. Approximately 40% of cohorts secure internships; competition is high for premium placements.
Ques. After graduation, can I apply directly to graduate programmes in mathematics or economics at other universities?
Ans. Yes. The honours track includes 12 elective units at the 400-level (senior mathematics and advanced economics theory), which meet PhD prerequisites at top Canadian and US universities. Recent mathematics and economics graduates have been admitted to PhD programmes at University of British Columbia, University of Toronto, New York University, and Stanford University. You must maintain a cumulative GPA above 3.5 in 300+ level coursework and secure at least two strong faculty references by April of your final year.
Important Alert
- Application Deadline for Fall 2027 Intake - Mar 1, 2027
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $28650 (CAD 39792) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Books and supply | $864 (CAD 1200) |
| Compulsory Fees | $1472 (CAD 2045) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $24457 (CAD 33968) |
| 2023 | $22964 (CAD 31895) |
| 2022 | $21665 (CAD 30090) |
| 2021 | $15930 (CAD 22125) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2027 Intake | Mar 1, 2027 |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport

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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| India First Year Excellence Scholarship | Scholarship per student$ 3,600/Yr$5,000 | Level Of StudyBachelor | TypeCollege-Specific | |
| University of Alberta Graduate Fellowship | Scholarship per student$ 5,760/Yr$8,000 | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,520/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Jared J. Davis Grant | Scholarship per student$ 720/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |

















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