Master of Arts [MA] (Economics)
$15,618 /Yr
The University of Alberta Master of Arts in Economics is a one-year, on-campus, full-time course-based programme. Entry requires a bachelor’s degree in Economics or a related field with a minimum GPA of 3.0 (75 – 80%). International tuition is CAD 10,518.72 (INR 7.10 Lakhs) per year. Intakes: Fall and Winter. The programme prepares graduates for roles in government, central banks, financial institutions, and policy research.
This programme trains economists to analyse real-world economic problems through advanced coursework in microeconomics, macroeconomics, econometrics, and applied research methods. The distinctive advantage for Indian applicants is the blend of rigorous quantitative training with practical case studies in labour economics, development, and resource management. Ideal applicants have strong mathematics backgrounds and aim for analyst or policy roles in India’s financial sector or international organisations.
Current Admission Status
Applications for the Fall 2027 intake are typically open. International student deadline: February 1, 2027.
Indian applicants should submit IELTS scores (minimum 6.5) and a final transcript within the application window. The University of Alberta offers rolling admissions for graduate programmes.
University of Alberta Master of Arts Economics Fees 2026
The total cost of study comprises tuition, mandatory fees, health insurance, and living expenses.
| Cost Component | CAD (per year) | INR (per year) |
|---|---|---|
| International Tuition | CAD 10,518.72 | INR 7.10 lakh |
All INR conversions in the article use a conversion rate of CAD 1 = INR 70.12 as of June 2026. Rates fluctuate daily; verify before applying.
University of Alberta Master of Arts in Economics Admission
The programme admits one cohort each for Fall and Winter intakes. Early applicants have higher acceptance odds. Minimum academic credentials are non-negotiable, but successful Indian applicants often exceed the floor.
| Requirement | Standard |
|---|---|
| Undergraduate degree | Bachelor’s in Economics or a closely related field (e.g. Mathematical Economics, Physics with strong Econ) |
| GPA (cumulative) | Minimum 3.0 on 4.0 scale (75 – 80%) for last 60 units; 3.2 minimum on all 3rd and 4th year Economics and Mathematics coursework |
| Prerequisite coursework | Calculus, linear algebra, microeconomics, macroeconomics, econometrics |
| Competitiveness (Indian applicants) | GPA 3.5+ and strong econometrics foundation = highly competitive |
International students whose undergraduate instruction was not in English must demonstrate proficiency. The University of Alberta accepts multiple pathways; IELTS is the fastest and most common for Indian applicants.
| Test | Minimum Overall |
|---|---|
| IELTS | 7.0 |
| TOEFL iBT | 4.5 |
| Duolingo English Test | 176 |
The Department of Economics uses the online GPS (Graduate Program Services) portal for all applications. Deadlines are rolling; applications submitted early in the window have higher acceptance odds. Below are the forward-looking deadlines for upcoming intakes.
| Intake | Expected Deadline |
|---|---|
| Fall 2027(September) | February 1, 2027 |
- Required documents: completed application form, official transcripts (WES evaluation for non-Canadian credentials), IELTS/TOEFL/PTE scores, statement of purpose (500 words max), and two academic references.
- Processing time: 2–4 weeks after submission if all documents are received; delayed if transcript verification is needed.
Application Tip: Start the WES evaluation at least 8 weeks before the deadline if your degree is from outside Canada. Domestic credential evaluations can take 6–8 weeks, and the GPS system will not review your application until WES confirms equivalence.
University of Alberta Master of Arts Economics Scholarships
The university offers limited merit-based scholarships for incoming MA graduate students. Indian applicants are eligible for most programmes. Scholarships are competitive; only top 10–15% of applicants typically receive them.
The primary awards for MA Economics students are:
- University of Alberta Graduate Entrance Scholarship: CAD 17,500 (INR 12,27,100) for newly admitted MA students ranked highly by the Economics Department.
- Alberta Graduate Excellence Scholarship (AGES): CAD 12,000 (INR 8,41,440) one-time payment; merit-based; limited slots for international students.
- Izaak Walton Killam Memorial Scholarship: CAD 25,000+ per year; most prestigious; open to international PhD students; rarely given to MA cohorts.
For an MA student with a GPA of 3.8+ and strong applications, expect realistic aid of CAD 12,000–17,500, offsetting roughly 52–69% of tuition. Domestic scholarships (e.g. SSHRC) are closed to international students.
Scholarship Reality: Scholarships are not automatic. Merit is determined after admission. If scholarship-dependent, plan to fund tuition out-of-pocket and treat any award as a bonus.
University of Alberta Master of Arts Economics Salary and Placements
MA Economics graduates from the University of Alberta secure roles in government agencies, central banks, international organisations, and private financial institutions within three to six months of graduation. The programme’s emphasis on applied econometrics and policy analysis directly maps to labour market demand.
| Role | Typical Gross Salary (CAD, Year 1) | INR Equivalent | Typical Employers |
|---|---|---|---|
| Economist (Government) | C$60,000–C$72,000 | INR 42,07,200–INR 50,48,640 | Statistics Canada, Department of Finance, Bank of Canada |
| Financial Analyst | C$58,000–C$68,000 | INR 40,66,960–INR 47,68,160 | ATB Financial, Scotiabank, BMO, Bay Street firms |
| Policy Analyst | C$55,000–C$65,000 | INR 38,56,600–INR 45,57,800 | ICBC, provincial health ministries, consulting firms |
| Data Analyst (fintech/tech) | C$62,000–C$75,000 | INR 43,47,440–INR 52,59,000 | Shopify, Amazon Canada, Wealthsimple, startups |
Source: University of Alberta Graduate Employment Survey 2025; Glassdoor Canada; Statistics Canada Job Bank.
The University of Alberta Master of Arts in Economics is a fast-track pathway to analytical careers in Canada and globally. The one-year duration, strong employment outcomes, and accessible visa pathway make it particularly attractive for Indian applicants with solid quantitative backgrounds. Success depends on meeting admission thresholds (GPA 3.2+, IELTS 7.0+) and demonstrating genuine interest in policy or financial analysis.
Master of Arts Economics FAQs
Ques. Is University of Alberta’s MA Economics the same as a Master of Science?
Ans. No. An MA (Master of Arts) in Economics emphasises applied coursework and policy analysis, while an MSc would focus more on research methodology and thesis work. University of Alberta’s MA is course-based (no thesis required), ideal for those targeting analyst roles in government or finance rather than academia or PhD progression.
Ques. Can I apply to the MA programme directly after my bachelor’s degree, or do I need work experience?
Ans. Work experience is not required. Direct entry after bachelor’s is common, especially if your undergraduate programme included econometrics and quantitative methods. However, applicants with 1–2 years of relevant work (data analysis, economic research, financial services) have slightly higher acceptance odds.
Ques. What is the difference between the MA Economics and MA Economics and Finance?
Ans. The MA Economics and Finance is a separate programme with additional coursework in portfolio theory, derivatives, and risk management. The core MA Economics is more flexible, allowing you to specialise in environmental economics, labour economics, or development economics. Both are one-year, both lead to PGWP eligibility.
Ques. After PGWP, how realistic is permanent residence for an Indian citizen?
Ans. Very realistic. Economics graduates typically exceed the Express Entry Comprehensive Ranking System (CRS) threshold (usually 450–480 points) after two years of Canadian work experience, age under 35, and IELTS 7.5+. Provincial Nominee Programme (Ontario, Alberta) also reserves streams for skilled workers. Most MA graduates transition to PR within 3–4 years total.
Ques. Are there scholarships that cover full tuition for MA students?
Ans. Full-tuition scholarships are extremely rare for master’s level. Most awards (CAD 12,000–17,500) cover 50–70% of tuition. University of Alberta prioritises PhD and doctoral candidates for flagship scholarships. Plan to self-fund tuition and treat any scholarship as partial aid; some Indian students cover costs via part-time work (20 hours/week on-campus is allowed).
Important Alert
- Application Deadline for Fall 2027 Intake - Feb 1, 2027
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $15618 (CAD 22311) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and Food | $11760 (CAD 16800) |
| Compulsory Fees | $1033 (CAD 1475) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | $14194 (CAD 20277) |
| 2024 | $6789 (CAD 9699) |
| 2023 | $5990 (CAD 8557) |
| 2022 | $5872 (CAD 8389) |
| 2021 | $9780 (CAD 13972) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2027 Intake | Feb 1, 2027 |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Resume
Statement of Intent
Three Letters of Recommendation
Writing Sample


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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Graduate Entrance Scholarship | $17,500 | Automatic consideration upon admission |
| Alberta Graduate Excellence Scholarship | $12,000 | Students with GPA of 3.3 or above |
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College Student Profiles
Options Available
| Program | Delivery Type | Duration | Program Type | Tuition Fees |
| MA Economics and Finance | full time | 2 years | on-campus, Course Based | $11917.5 |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 14,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ontario Graduate Fellowship | Scholarship per student$ 6,213/Yr$8,875 | Level Of StudyDoctorate | TypeMerit-Based | |
| Jared J. Davis Grant | Scholarship per student$ 700/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Golden Key Graduate Scholar Award | Scholarship per student$ 1,050/Yr$1,500 | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,400/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for Fall 2027 Intake (1st Feb 2027) | USD 9,049 /Yr CAD 12,927 /Yr |
| ||
| USD 10,518 /Yr CAD 15,025 /Yr | ||||
Application Deadline for Winter Intake (1st Aug 2026) Application Deadline for Fall Intake (1st Dec 2026) | USD 6,871 /Yr CAD 9,815 /Yr |
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| USD 25,655 /Yr CAD 36,650 /Yr |
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Application Deadline for September 2027 Intake (15th Jan 2027) | USD 19,066 /Yr CAD 27,237 /Yr |
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