6 May 2024
Looking to pursue courses in finance in Canada?
We must say that you have made the right decision. After all, Canada is counted as one of the top education destinations around the world. Thanks to its world-class educational institutions and globally recognized courses.
Dive in to discover all the essential info about finance courses in Canada, like who can apply, what documents you need, which universities offer them, how to apply, job opportunities, and much more.
Benefits of Studying Finance Courses in Canada
High Demand:
Finance professionals are in high demand worldwide, and Canada is no exception. With its thriving economy, the demand for skilled finance experts is constantly on the rise. By studying finance in Canada, you can position yourself for a plethora of exciting career opportunities both within the country and internationally.
Top Quality Education:
Canada houses some of the best universities in the world.
These institutions focus not only on theoretical knowledge but also on equipping students with practical skills that are highly valued by employers. So, you won’t just be memorizing textbooks – you’ll be gaining real-world expertise that will set you apart in the job market.
Wide Range of Courses:
One size doesn’t fit all when it comes to finance, and Canada understands that.
To meet your interests and career objectives, Canadian educational institutions offer a wide selection of specialities in subjects like financial analytics, strategic management, and financial planning. Your education can be customized to fit your goals and areas of interest.
Multicultural Environment:
Canada welcomes students from all around the world and takes pride in its multiculturalism. You will have the chance to engage with classmates from a variety of cultural backgrounds as an Indian student, broadening your perspectives and creating enduring relationships.
The multicultural environment not only enriches your learning experience but also prepares you for success in an increasingly globalized world.
What is the Cost of Studying Finance in Canada?
Before deciding on a course to study, it’s important to know how much it will cost you. The cost of studying finance can vary between different colleges and universities. To make things easier for you, here is an approximate range of tuition fees for both undergraduate and postgraduate degrees:
- Undergraduate: Approximately Can$ 16,697 to Can$ 53,000 per year
- Postgraduate: Approximately Can$ 20,000 to Can$ 53,315 per year
Now that you have an idea of the costs, let’s move forward and focus on the academic side of things.
Exploring Different Courses in Finance: Specializations in Canada
Investment Banking and Capital Markets:
Learn about investment banking, mergers, acquisitions, and capital raising. Canadian cities like Toronto and Vancouver are great places for internships and jobs in this field.
Financial Risk Management:
Understand how to identify and manage financial risks using quantitative models and analysis techniques.
Corporate Finance and Financial Analysis:
Dive into financial decision-making within companies, including budgeting, modelling, and valuation.
Financial Technology (FinTech):
Explore the use of technology like blockchain and AI in finance. Canada’s FinTech scene offers lots of chances to innovate.
Sustainable Finance & Impact Investing:
Learn how to make financial decisions that align with environmental and social goals.
Quantitative Finance and Financial Engineering:
Combine math, stats, and finance to create complex models and manage risk.
International Finance and Trade:
Study global finance, trade dynamics, and cross-border transactions.
Exploring the Best Universities for Finance Studies in Canada
Centennial College:
- Programs: Graduate Certificate in Financial Planning, PG Diploma in Financial Services
- Duration: 1-2 years
- Tuition Fee: CAD 17,130 (INR 10,49,750) (Total)
University of Toronto:
- Programs: Masters of Financial Risk Management, Master of Accounting and Finance, Master of Finance
- Duration: 2 years
- Tuition Fee:
– Master of Finance: CAD 44,740 (INR 27,41,730) (20 months)
– Master of Financial Risk Management: CAD 65,020 (INR 39,84,510) per year
– Master of Accounting and Finance: CAD 39,570 (INR 24,24,900) per year
George Brown College:
- Programs: Graduate Certificate in Financial Planning, Advanced Diploma in Business Administration-Finance
- Duration: 8 months-2 years
- Tuition Fee:
-Graduate Certificate in Financial Planning: CAD 15,480 (INR 9,48,630) for 2 semesters
-Advanced Diploma in Business Administration-Finance: CAD 22,785 (INR 13,96,290) for 3 semesters
McGill University:
- Program: Master of Management in Finance
- Duration: 2 years
- Tuition Fee: CAD 57,465 (INR 35,21,530) (total)
York University:
- Program: BSC (Hons) Economics and Finance
- Duration: 2-3 years
- Tuition Fee: CAD 19,600 (INR 12,01,110) per year
Humber College:
- Programs: Diploma in Financial Services, Graduate Certificate in Financial Planning
- Duration: 1-1.5 years (3-4 semesters)
- Tuition Fee:
- Diploma in Financial Services: CAD 16,414 (INR 10,05,870) for 2 semesters
- Graduate Certificate in Financial Planning: CAD 18,048 (INR 11,06,000) for 3 semesters (total)
University of Alberta:
- Program: Master of Arts in Economics and Finance
- Duration: 2 years
- Tuition Fee: CAD 7,875 (INR 4,82,590) per credit
Universite De Montreal:
- Programs: Certificate in Financial Planning, Certificate in Financial Management
- Duration: 1-2 years
- Tuition Fee: CAD 29,400 (INR 18,01,670) per year
The Requirements and Eligibility for Finance Courses in Canada
Educational Requirements:
– You need to have completed your senior secondary education.
– You should have scored at least 60% overall in both Grade 10 and Grade 12 exams, with a minimum of 50% in either of them.
– Depending on the course, you might need some work experience.
– For advanced courses like an MBA in finance, you might have to take aptitude tests like GMAT or GRE.
Documents Needed:
– You’ll need to submit your Grade 10 and Grade 12 mark sheets and certificates.
English Language Requirements:
– Since courses are taught in English, you need to prove your proficiency in the language.
– You can do this by achieving minimum scores in English proficiency tests like IELTS, TOEFL, Duolingo English Test, MELAB, Pearson Test of English (PTE), CAEL, or Cambridge English Exam.
Here are the minimum scores required for each test:
– IELTS: 6.0
– TOEFL: 80
– Duolingo English Test: 105
– MELAB: 80
– Pearson Test of English (PTE): 54
– CAEL: 60
– Cambridge English Exam: 169
Meeting these requirements will set you on the path to success in your business and finance studies in Canada.
How to Apply for Finance Courses in Canada?
After knowing about eligibility, the documents required, and the best universities, it’s time to learn how to apply to a Canadian university to study finance. Here is the step-by-step application process for finance courses in Canada:
- Visit the college’s or university’s website where you want to study at.
- Before deciding to apply for the course, carefully review the eligibility conditions, the course description, and the tuition costs.
- Once a university has been chosen, the application process can begin by uploading the essential files, which include the CV, SOP, LOR, academic transcripts, and any required results from standardised tests.
- Following submission, the application is examined by a college or university faculty member.
- Within two weeks of the application date, you will receive a conditional offer letter if the faculty deems your application satisfactory.
- Your admission will be verified once you have paid the course price.
- The acceptance letter you have from the university can then be used to apply for your student visa or permit.
The Bottom Line:
Finance programs in Canada offer top-notch education, hands-on learning, and plenty of job prospects for students from around the globe.
Not sure which finance course to pick in Canada? Or the process seem quite complicated and confusing?
Don’t worry! Get all the guidance you need about finance courses and universities in Canada with Landmark Immigration! You’ll get valuable insights, explore your options, and make smart decisions to kick off your finance career in Canada.
Book your counselling session today and take the first step towards your future success!
