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Concordia MFin

Dhruvin Jain

Dhruvin Jain

Jun 21, 2025

18 mins read

Concordia MFin

Introduction

The Concordia MFin program at the John Molson School of Business helps you build strong skills in finance and prepare for top jobs around the world. If you want to work in banks, investment firms, or start your own finance career, this program gives you the tools to succeed.

The John Molson School of Business is part of Concordia University in Montreal. It’s known for having one of the best finance programs in Canada. Montreal is also a great place to study finance. It’s a big city with many banks, investment companies, and financial tech firms. That means students get lots of chances for internships and jobs.

The Concordia University MFin program offers expert teachers, real-world learning, and strong connections with employers. Whether you're just finishing your degree or already working, this program helps you take your finance career to the next level.

Why Choose Concordia MFin?

The Concordia MFin program is part of the John Molson School of Business, one of the top business schools in Canada. It is known for teaching students strong finance and business skills that are useful in real jobs.

The school is located right in the middle of Montreal’s finance district. That means students are close to big banks, investment firms, and other companies. It’s a great place to study and start a career in finance.

This program gives you both strong classroom learning and real-world experience. You’ll learn from expert teachers and also work on real finance projects.

The Concordia University MFin is also closely linked to the CFA (Chartered Financial Analyst) program. If you want to become a CFA, this degree will help you prepare. Plus, the school has a big global alumni network. That means you’ll have connections all over the world after you graduate.

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Concordia MFin Program Highlights

Curriculum Overview of Concordia MFin

The Concordia MFin program offers a strong foundation in finance. You'll study key subjects like:

  • Financial analysis
  • Risk management
  • Investments
  • Corporate finance

These courses help you understand how money works in businesses and markets.

You can also choose special topics, such as:

  • Sustainable finance
  • Fintech

These electives let you explore areas that interest you most.

The program is connected to the CFA (Chartered Financial Analyst) curriculum. This means it covers topics that prepare you for the CFA exams, a respected certification in finance.

Program Duration and Format at Concordia MFin

The Concordia MFin is a full-time program that usually takes 20 to 24 months to complete. You'll take most of your classes in the first year and work on a research project or thesis in the second year.

Classes are held during the day, and there are no evening or summer classes. This schedule is designed to help you focus on your studies.

Unique Features of Concordia MFin

The program offers hands-on experiences to help you apply what you learn:

  • Case competitions: Work with a team to solve real business problems.
  • Trading simulations: Practice buying and selling stocks in a simulated environment.
  • Finance research centers: Access resources and support for your projects.
  • Bloomberg terminals: Use professional tools to analyze financial data.

These features prepare you for real-world finance jobs and help you build valuable skills.

Concordia MFin Admission Requirements

Eligibility Criteria for Concordia MFin

To apply for the Concordia MFin program at the John Molson School of Business, you need:

  • A bachelor's degree from an accredited university.
  • Strong grades, especially in your last two years of study.
  • A background in finance, economics, or related fields is helpful.
  • Work experience in finance is preferred but not required.

Documents and Test Scores Needed for Concordia MFin

When applying, you'll need to submit:

  • GMAT or GRE scores: These tests show your readiness for graduate-level finance studies.
  • Proof of English proficiency: If English isn't your first language, you'll need to provide TOEFL or IELTS scores.
  • Statement of Purpose: A letter explaining why you want to join the program.
  • Updated Resume: Your work and academic history.
  • References: Letters from professors or employers who can speak about your abilities.

Application Deadlines for Concordia MFin

It's important to apply on time. Here are the key dates:

Application Round

Deadline

Fall IntakeFebruary 1, 2025

Concordia MFin Fees and Cost of Attendance

Tuition Fees for Concordia MFin

The Concordia MFin program's tuition fees vary based on your residency status. Here's a breakdown:

Residency Status

Tuition per Credit (CAD)

Estimated Total Tuition (CAD)

Quebec Residents$100.89~$4,540 (45 credits)
Canadian Non-Residents$420.24~$18,911 (45 credits)
International StudentsVaries~$34,000 – $37,000

Living Expenses for Concordia MFin Students

Living in Montreal is generally more affordable than in many other major cities. Here's an estimate of monthly living expenses for a student:

Expense

Monthly Cost (CAD)

Annual Cost (CAD)

Rent (shared)$800 – $1,200$9,600 – $14,400
Food$300 – $500$3,600 – $6,000
Transportation$58$696
Health Insurance$70 – $100$840 – $1,200
Miscellaneous$200 – $400$2,400 – $4,800
Total$16,000 – $27,096

Scholarships and Financial Aid for Concordia MFin

Concordia University offers various financial support options to help students manage their educational expenses:

  • Internal Scholarships: Partial scholarships are available based on academic merit. These are competitive and awarded to students with strong academic records.
  • Graduate Student Awards: Opportunities include teaching assistantships (TAs) and research assistantships (RAs), typically available after the first semester. These positions provide both financial support and valuable experience.
  • External Scholarships and Bursaries: Students are encouraged to apply for external funding sources, such as government scholarships and private bursaries, to supplement their financial needs.
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Concordia MFin Career Outcomes and Placements

Top Employers Hiring Concordia MFin Graduates

Graduates of the Concordia MFin program at the John Molson School of Business have been hired by leading organizations across various sectors. Some notable employers include:

  • Major Banks: National Bank of Canada, Royal Bank of Canada, Bank of Montreal
  • Investment Firms: Caisse de dépôt et placement du Québec (CDPQ), PSP Investments
  • Consulting Companies: Deloitte, EY, KPMG
  • Fintech Startups: Various emerging financial technology companies in Montreal

These organizations value the strong analytical and practical skills that Concordia MFin graduates bring to the table.

Average Salaries After Concordia MFin

The average starting salary for graduate-level students from Concordia University is approximately $95,776 CAD. Salaries can vary based on the industry and role:

  • Investment Banking: $80,000 – $120,000 CAD
  • Risk Management: $75,000 – $110,000 CAD
  • Asset Management: $70,000 – $100,000 CAD

These figures are indicative and can vary based on experience, location, and specific job roles.

Career Support and Services at Concordia MFin

The Career Management Services (CMS) at the John Molson School of Business offers comprehensive support to MFin students, including:

  • Career Coaching: Personalized guidance to help you define and achieve your career goals.
  • Workshops: Sessions on resume building, interview preparation, and job search strategies.
  • Employer Networking Events: Opportunities to connect with potential employers and industry professionals.
  • Job Postings: Access to a wide range of job opportunities tailored to your field of study.

These services are designed to equip you with the tools and connections needed to succeed in the competitive finance job market.

Concordia MFin Class Profile

Average GMAT/GRE Scores

The Concordia MFin program at the John Molson School of Business does not publicly disclose average GMAT or GRE scores for its incoming class. However, competitive applicants typically present strong quantitative scores. It's recommended to aim for a GMAT score of 650 or higher or a GRE score of 320 or higher to enhance your application.

Average Age and Work Experience

Students in the Concordia MFin program come from diverse backgrounds. While specific averages are not published, the program welcomes both recent graduates and professionals with work experience. Having 1 to 3 years of relevant work experience can strengthen your application, but it's not mandatory.

Gender and International Diversity Breakdown

The Concordia MFin program values diversity and inclusivity. The class comprises a balanced mix of genders and includes students from various countries, contributing to a rich learning environment. While exact percentages are not specified, the program prides itself on its international student body and gender diversity.

Concordia MFin Rankings and Accreditations

Rankings from QS and Financial Times

The John Molson School of Business at Concordia University has earned recognition in various global rankings:

  • QS Global MBA Rankings 2025: The John Molson MBA program is ranked among the top 10 in Canada and 2nd for Return on Investment (ROI) by QS in its 2025 Global MBA Rankings.
  • Financial Times Rankings: The Financial Times includes Concordia University: Molson in its business school rankings, highlighting its programs in MBA and other business disciplines.

These rankings reflect the school's commitment to providing quality education and its strong reputation in the field of business and finance.

AACSB Accreditation for John Molson School of Business

The John Molson School of Business has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1997. This accreditation is a hallmark of excellence in business education and is held by only the top 5% of business schools worldwide.

Being AACSB-accredited means that the school meets high standards in terms of teaching, curriculum, student learning, and academic research. This accreditaion assures students that they are receiving a quality education that is recognized globally.

Student Life During Concordia MFin

Campus Life at John Molson School of Business

Being a student in the Concordia MFin program means more than just going to class. The John Molson School of Business offers a fun and active campus life that helps you grow your skills and meet new people.

You can join:

  • Finance and Investment Clubs – These clubs let you work on real financial problems, learn new tools, and connect with other students who love finance.
  • Student Competitions – You can compete in national and international case competitions, where you solve real business problems as a team.
  • Leadership Programs – These programs help you build confidence, communication, and teamwork skills, all of which are helpful for your career.

These experiences make learning more exciting and give you something extra to show employers.

Living in Montreal While Studying Concordia MFin

Montreal is one of the best cities in Canada for students. It’s known for being safe, fun, and full of culture.

Here’s why students love living in Montreal:

  • Cultural Diversity – People from all over the world live here. You’ll hear many languages and enjoy different foods, festivals, and traditions.
  • Affordability – Montreal is cheaper to live in than many other big cities like Toronto or Vancouver. You can find affordable rent, food, and public transport.
  • Professional Opportunities – The city is home to banks, investment firms, and fintech startups. That means more chances for internships, part-time work, and full-time jobs after graduation.

Montreal gives you the perfect mix of education, fun, and career-building opportunities.

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Concordia MFin vs Other Top Canadian MFin Programs

Canada has many strong Master of Finance (MFin) programs, but each one has something special. The Concordia MFin program at the John Molson School of Business stands out for its balance of affordability, hands-on learning, and strong academic support.

Here’s a quick look at how it compares with other top Canadian MFin programs:

Comparison Table: Concordia vs Top MFin Programs in Canada

Feature

Concordia MFin

HEC Montreal

McGill

Waterloo

Queen’s

Sauder (UBC)

Schulich (York)

LocationMontrealMontrealMontrealWaterlooKingstonVancouverToronto
Program Length20–24 months16–24 months12–16 months16 months12 months16 months12–16 months
Tuition (Intl.)~$34,000–$37,000~$34,000~$49,000~$43,000~$54,000~$55,000~$46,000
CFA AffiliationYesYesYesYesYesYesYes
SpecializationsLimited electivesOptionalLimitedQuant FinanceFinanceFinancial AnalysisRisk/Asset Mgmt
Language OptionsEnglishEnglish/FrenchEnglishEnglishEnglishEnglishEnglish
Hands-on LearningTrading sims, casesBloomberg labCase-basedMath/quant focusCase-basedCase-based, labsCapstone, labs
International StudentsHighHighModerateLow–ModerateModerateHighHigh

Why Choose Concordia MFin?

  • More affordable than many other top programs
  • Strong location advantage in Montreal’s finance district
  • Deep focus on real-world learning (competitions, labs, Bloomberg terminals)
  • Access to CFA curriculum and global alumni support

If you're looking for a solid finance program with a good ROI, Concordia MFin is one of the best options in Canada.

FAQs
Is work experience mandatory for Concordia MFin?
No, work experience is not required to apply for the Concordia MFin. However, having some experience in finance, economics, or business can make your application stronger. Many students in the program are either recent graduates or have 1 to 3 years of work experience
What are the chances of getting scholarships for Concordia MFin?
Concordia offers several internal scholarships and graduate awards based on your academic performance. If your grades and application are strong, you have a good chance of receiving partial financial support. There are also external scholarships and bursaries available for both local and international students.
How does Concordia MFin prepare students for CFA exams?
The Concordia MFin is a CFA-affiliated program, which means its courses match the topics covered in the CFA exams. You’ll study subjects like financial reporting, portfolio management, and ethics—just like in the CFA curriculum. This makes it easier to prepare for and pass the CFA Level 1 and 2 exams.
Can international students easily settle in Montreal after Concordia MFin?
Yes. Montreal is a student-friendly and immigrant-friendly city. After finishing your MFin, you may be eligible for a Post-Graduation Work Permit (PGWP). This allows you to work in Canada and apply for Permanent Residency (PR). Many international students stay in Montreal after graduation to work in finance or consulting roles.
What job sectors do Concordia MFin graduates typically enter?
Graduates from the Concordia MFin program work in: Investment banking Asset management Risk management Corporate finance Consulting Fintech and data analytics The program gives you both the technical skills and real-world experience to succeed in many finance-related careers. For more detailed information visit the MastersBuddy Platform
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Dhruvin Jain
Dhruvin Jain

Articles: 20

Dhruvin Jain is the co-founder of MastersBuddy, a tech-first platform that has helped over 2500 students find and apply to top master’s programs globally. He is a master’s graduate from IE Business School, and is passionate about education, technology, and entrepreneurship.

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