
Top MEM Schools in Canada: Your Guide to the Best Programs for 2025
Top MEM Schools in Canada: Your Guide to the Best Programs for 2025Looking to mix your engineering background with busi…
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The HEC Montreal MFin program is a great choice if you want a strong career in finance. Whether you dream of working in banking, investing, or managing money for big companies, this program gives you the tools to succeed.
HEC Montreal is one of Canada’s best business schools. It’s known for its top finance education and strong global reputation. The HEC Montreal Master of Finance program helps students learn real skills they can use in jobs around the world.
Montreal is also an amazing place to study finance. The city has many banks, investment firms, and financial companies. Students at HEC Montreal get lots of chances to connect with people in the finance world, find internships, and land great jobs. With expert teachers, helpful classmates, and hands-on learning, this program is built to help you grow.
The HEC Montreal MFin program is one of the top finance programs in the world. It is known for its strong teaching in finance, economics, and business. Many students from around the world choose HEC Montreal because of its high-quality education and global respect.
Montreal is a great city for finance students. It’s a bilingual city — people speak both French and English. This gives you an extra advantage when looking for jobs in Canada and around the world. You can work and connect with companies in two major languages.
The program is also known for being both tough and practical. That means you will study hard, but also learn how to use what you learn in real jobs. You’ll work on real projects, solve business problems, and understand how finance works in the real world.
HEC Montreal has strong ties with the finance industry. Many top companies visit the campus, and the school’s alumni network is very helpful. Past students often come back to help new students succeed. With all this support, you’ll be ready to build a strong career after graduation.
The HEC Montreal MFin program teaches students the most important finance skills. You’ll learn about:
Some students can choose a focus area, like:
This program is also linked to the CFA (Chartered Financial Analyst) exam. That means what you study will help you prepare if you want to become a CFA, which is one of the best finance certifications in the world.
The HEC Montreal Master of Finance program usually takes 16 to 24 months to finish. The time depends on what you choose — like doing a thesis or picking a specialization.
It’s a full-time program, which means you’ll be busy studying and working on projects most of the week. It’s fast-paced and made for students who want to learn quickly and deeply.
This program also gives you special chances to learn outside the classroom:
These special features help you build real skills and stand out when applying for jobs.
To apply for the HEC Montreal MFin, you should have a strong background in finance, economics, or other quantitative fields like math or engineering. The program looks for students who are good with numbers and problem-solving.
You don’t need work experience, but having internships or full-time jobs in finance can help your application stand out. It shows that you understand the field and are ready for a deeper level of study.
Here are the key documents and test scores you’ll need for your application:
Make sure your documents are complete and well-written. A strong application increases your chances of getting in.
Here are the key deadlines for applying to the HEC Montreal Master of Finance program. It’s best to apply early as spots can fill up quickly.
Round | Deadline |
Round 1 | November 15, 2024 |
Round 2 | January 15, 2025 |
Round 3 | March 15, 2025 |
Round 4 | May 15, 2025 |
Final Round | June 15, 2025 (if seats remain) |
Always check the official HEC Montreal website for the latest updates.
The tuition fees for the HEC Montreal MFin program depend on where you're from. The school offers different rates for Quebec residents, other Canadians, and international students.
Here’s a simple breakdown of the tuition:
Expense Type | Monthly Cost (CAD) |
Rent (shared) | $500 – $800 |
Food | $300 – $500 |
Transportation | $90 |
Living in Montreal is more affordable than in cities like Toronto or Vancouver. Still, you should plan your budget carefully. Here's a rough monthly estimate for living costs:
Expense Type | Monthly Cost (CAD) | Annual Cost (Approx.) |
Rent (shared) | $500 – $800 | $6,000 – $9,600 |
Food | $300 – $500 | $3,600 – $6,000 |
Transportation | $90 | $1,080 |
Insurance | $90 | $1,080 |
Other Costs | $200 | $2,400 |
Total | — | $14,000 – $20,000 |
These numbers depend on your lifestyle and housing choice.
HEC Montreal offers several ways to help you with the cost of your studies:
It’s a good idea to apply for aid as early as possible. Some scholarships are awarded right after admission, while others need a separate application.
Graduates of the HEC Montreal MFin program are hired by top companies around the world. These include:
The school’s strong ties with these employers make it easier for students to get interviews and land jobs in top roles.
Salaries after completing the HEC Montreal Master of Finance can vary depending on the job and location. Here's a general idea of what you might earn:
Sector | Average Starting Salary (CAD) |
Investment Banking | $80,000 – $100,000 |
Asset Management | $75,000 – $90,000 |
Consulting | $70,000 – $85,000 |
Corporate Finance | $65,000 – $80,000 |
Fintech & Startups | $60,000 – $75,000 |
HEC Montreal offers strong career support to help students find the right job:
The school's career center is very active, and most students feel well-prepared to enter the job market after graduation.
The HEC Montreal MFin program brings together a smart and diverse group of students from around the world. Here's what a typical class looks like:
Most students in the program are between 22 and 28 years old. Many come straight from university, but others have 1 to 3 years of work experience in finance, accounting, or business.
Work experience is not required, but having some can be helpful. It shows you understand the real world of finance and can add value to classroom discussions.
To get into the program, most students take the GMAT or GRE. Here are the average scores:
These are not minimum scores, but having a score in this range can make your application stronger. Some students may also qualify for a test waiver if they meet certain academic or professional conditions.
HEC Montreal values diversity in its classrooms. The MFin program includes students from many different backgrounds and cultures.
Here’s what the class makeup usually looks like:
Category | Percentage (Approx.) |
Female students | 40% |
International students | 60% |
This mix of local and global students helps everyone learn from different views and build strong networks across the world.
The HEC Montreal MFin program is well respected around the world. It is ranked by top education groups like:
These rankings show that employers and students value the school’s quality and strong teaching in finance
HEC Montreal is part of a very select group of schools with the Triple Crown Accreditation. This means it has earned the top three accreditations in the business education world:
Less than 1% of business schools worldwide have all three. This makes HEC Montreal one of the most trusted and globally recognized schools for business and finance education.
Life on campus is busy, fun, and full of learning. The HEC Montreal MFin program gives you more than just classroom education. Students join clubs, meet new people, and build leadership skills.
Some popular activities include:
These activities help you build soft skills and make strong friendships that can last a lifetime.
Montreal is one of Canada’s best cities for students. It’s known for being safe, fun, and full of culture. You’ll enjoy:
The cost of living is lower than many other big cities, which makes it easier to enjoy your time as a student.
Canada has many strong Master of Finance programs, but each school offers something different. Let’s compare the HEC Montreal MFin with other top options like McGill, Waterloo, Sauder (UBC), Queen’s, and Schulich (York).
Feature | HEC Montreal | McGill | Waterloo | Sauder (UBC) | Queen’s | Schulich (York) |
Program Length | 16–24 months | 12–16 months | 16 months | 16 months | 12 months | 12–16 months |
Location | Montreal | Montreal | Waterloo | Vancouver | Kingston | Toronto |
Tuition (Int’l) | ~$34,000 CAD | ~$49,000 CAD | ~$43,000 CAD | ~$55,000 CAD | ~$54,000 CAD | ~$46,000 CAD |
CFA Partnership | Yes | Yes | Yes | Yes | Yes | Yes |
Specializations | Optional | Limited | Quant Finance | Financial Analysis | Finance | Financial Risk |
International Students | ~60% | ~50% | ~40% | ~60% | ~45% | ~55% |
Language | English/French | English | English | English | English | English |
HEC Montreal stands out for its affordable cost, academic strength, and strong industry connections in a major financial hub.