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Top Mfin Schools in Canada

Dhruvin Jain

Dhruvin Jain

Apr 12, 2025

8 mins read

Top MFin Colleges in Canada

MFin Colleges in Canada: A Snapshot

If you're thinking about studying finance, Canada is one of the best places to do it. It has some of the top MFin schools in Canada, offering programs that mix classroom learning with real-world skills. Whether you want to work in banking, investing, or tech, a Master in Finance (MFin) from Canada can help get you there.

Why Choose Canada for an MFin Program?

Here’s why students from all over the world pick MFin Canada programs:

  • Top-ranked universities like Rotman (University of Toronto), Schulich, and McGill are known worldwide
  • Major finance cities like Toronto, Montreal, and Vancouver give students access to internships and job offers
  • Canada offers post-study work permits, so you can stay and work after graduation
  • It’s a safe, welcoming country with a multicultural student life

Quick Stats on Finance Careers in Canada

MetricData
Employment Rate (within 6 months)88% – 95%
Average Starting Salary (MFin grads)CAD 60,000 – CAD 90,000
Top IndustriesBanking, Asset Management, FinTech
Major Finance CitiesToronto, Montreal, Vancouver
Top EmployersRBC, TD, Scotiabank, Deloitte, Manulife

Getting your MFin degree from Canada gives you a great chance to land a job in North America or even globally.

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Best MFin Schools in Canada

Canada has many top business schools that offer excellent finance programs. These top MFin schools in Canada mix great teaching, hands-on experience, and strong connections to employers.

When picking a school, think about more than just rankings. The best MFin programs are the ones that match your career goals and learning style.

What to Consider When Choosing an MFin Program

Before making your choice, think about:

  • Program Type: Full-time, part-time, or evening classes
  • Faculty Experience: Are professors industry experts?
  • Internships: Does the program include work placements or co-ops?
  • Networking: Will you meet alumni, recruiters, or guest speakers?
  • Career Services: Resume help, mock interviews, and job search support are all valuable

This is especially important if you're checking out top executive MFin schools in Canada or applying as an international student.

Comparison Table: Top MFin Programs in Canada

Business SchoolTuition (CAD)Program LengthKey FeaturesAvg. Salary After Grad
Rotman School of Management (U of T)$69,00020 monthsStrong in asset management & analytics$90,000+
Schulich School of Business (York)$46,00012–16 monthsCFA-aligned, customizable options$85,000+
McGill Desautels$48,00012 monthsInvestment & corporate finance focus$80,000+
UBC Sauder School of Business$45,00016 monthsGlobal outlook, finance labs$82,000+
Queen’s Smith School of Business$52,00010 monthsFlexible schedule, career coaching$85,000+
Concordia (John Molson School)$35,00016–24 monthsAffordable with internship option$75,000+
HEC Montréal / Laval University$10K–$25K12–24 monthsBilingual programs, strong ROI$70,000+

Top MFin Colleges in Canada: Best MFin Programs in 2025

Canada has many great schools for finance. If you want a career in banking, investment, or financial analysis, these are some of the top MFin schools in Canada you should know about. These programs offer strong classes, hands-on experience, and great connections with top companies.

1. Ivey Business School (Western University)

About the Program
Ivey’s Master in Finance (MFin) program helps students build strong finance and leadership skills. It focuses on real-life learning instead of just theory.

What Makes It Great

  • Students learn by solving real business cases.
  • Classes are small, so students get more attention from professors.

Career Results

  • Graduates get jobs at big finance companies.
  • Ivey has a strong alumni network to help students find jobs.

2. Schulich School of Business (York University)

About the Program
Schulich offers a Master of Finance that teaches students everything from investment to risk management. It also helps prepare students for the CFA exam.

What Makes It Great

  • The program includes finance labs and real-world projects.
  • You can choose electives to match your career goals.

Career Results

  • Schulich has one of the best career centers in Canada.
  • Many students get jobs before they even finish the program.

3. Queen’s University (Smith School of Business)

About the Program
Queen’s offers a flexible MFin program. It's perfect for people who want to work while studying or advance their careers in finance.

What Makes It Great

  • Classes are held in the evenings and on weekends.
  • The program teaches students how to handle real-world finance problems.

Career Results

  • Queen’s is known for strong employer connections.
  • Graduates work in top banks, consulting firms, and investment companies.
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4. UBC Sauder School of Business

About the Program
UBC Sauder offers a Master’s program that focuses on research and analytics. It’s a good fit for students interested in data, modeling, and finance.

What Makes It Great

  • Students use real finance tools in high-tech labs.
  • You can work on research projects with professors.

Career Results

  • Students have internship options in big companies.
  • Many grads work in Canada, the U.S., and Asia.

5. HEC Montréal

About the Program
HEC Montréal has a Master in Finance that’s available in both English and French. It’s great for students who want an international experience.

What Makes It Great

  • You can study in two languages.
  • The program includes global finance case studies and exchange programs.

Career Results

  • Students often get hired quickly after graduating.
  • Graduates work in banks, investment firms, and government finance jobs.

6. University of Ottawa (Telfer School of Management)

About the Program
Telfer offers a finance-focused master’s degree that mixes theory with real business experience.

What Makes It Great

  • Students do group projects and case studies.
  • The school offers research work and close mentoring.

Career Results

  • Graduates are hired by companies across Canada.
  • The school helps students connect with alumni and recruiters.

These six programs are among the top MFin business schools in Canada. Each one offers something special, whether it's expert teachers, flexible schedules, or great job support.

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Conclusion: Why Canada Is a Smart Choice for Finance Students

If you're aiming for a future in finance, the best MFin programs in Canada offer strong academics, hands-on training, and great career support. Whether you're looking at Rotman MFin, MFin Schulich, Queen’s MFin, or others, you'll find programs that help you grow and succeed.

Each school is different. Some focus on leadership, some on research, and others on real-world experience. But all of them prepare you well for jobs in banking, investing, and financial tech.

How to Choose the Right MFin Program in Canada

Ask yourself:

  • What kind of job do I want?
  • What city fits my lifestyle?
  • Can I afford the program or get a scholarship?
  • Do I want a full-time course or flexible classes?

What to Do Next

To find your perfect fit:

  • Visit official university websites
  • Download brochures
  • Attend info sessions or webinars
  • Contact admissions teams or student ambassadors

With the right research, you can join one of the top MFin business schools in Canada and take the next step toward a global finance career.

FAQs
Q1: How long does it take to complete an MFin program in Canada?
Most MFin programs in Canada take 1 to 2 years to finish if you're studying full-time. Some schools also offer part-time options, which are great for people who want to work while studying. Programs like Queen’s or Schulich offer flexible class times, including evenings and weekends.
Q2: What is the cost of an MFin program in Canada?
Tuition fees depend on the school: At top MFin schools in Canada, tuition usually ranges from CAD 35,000 to CAD 70,000 for the whole program. Living costs (housing, food, transport, etc.) add about CAD 15,000 to CAD 25,000 per year. Don’t forget extra costs for things like books, supplies, and insurance.
Q3: Are there any scholarships or financial aid options available for MFin students in Canada?
Yes! Many top business schools in Canada for MFin offer financial help: Merit-based scholarships for high grades Need-based aid for students who need financial support International student awards and school-specific fellowships It’s smart to apply early because scholarships often have deadlines.
Q4: How do MFin graduates from Canadian schools fare in the job market?
Graduates from the top 10 MFin schools in Canada usually get jobs within 3–6 months of finishing their program. Many land roles at big firms like: RBC TD Bank Deloitte Scotiabank Manulife Starting salaries are often between CAD 60,000 and CAD 90,000, depending on the job and location.
Q5: What are the admission requirements for the top MFin schools in Canada?
Most schools ask for: A bachelor’s degree in business, finance, economics, or a related subject GMAT or GRE scores (some may waive this for strong academics or work experience) A resume, statement of purpose, and reference letters English test scores (like IELTS or TOEFL) if you’re an international student Some programs also prefer work experience, but it’s not always required.
Q6: What are the career prospects for MFin graduates in Canada?
There are lots of good jobs for MFin grads. You can work in: Banking Asset management Corporate finance Fintech Consulting Many grads grow into higher-paying roles in a few years. Cities like Toronto, Vancouver, and Montreal are top spots for finance jobs.
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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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