Master of Financial Economics (MFE)

Master of Financial Economics (MFE)

University of Toronto

Toronto, Ontario, Canada
Master of Financial Economics (MFE)
Duration16 Months
LevelMasters Program
  • This is a collaborative program of the Department of Economics and the Rotman School of Management
  • The Program is designed to equip students with the tools and skills required for successful careers in the financial sector
  • The aim of the program is to provide a broad understanding of Financial Theory and the Economics framework upon which that theory is based, both in the classroom and through actual work experience
  • Upon successful completion of the program, students may pursue a career  in the area of banking, investment banking, financial analysis, corporate finance, and private consulting in finance-related firms
  • Students will study subjects such as Economic Theory-Microeconomics, Economic Theory-Macroeconomics, Options and Futures Markets, Corporate Financing, Security Analysis and Portfolio Management etc.
Fees componentsAmount
Tuition & fees2880071 INR
Hostel & Meals576476 INR
Insurance36723 INR
Transportation56585 INR
Mandatory Incidental, System Access89786 INR
Optional Incidental, System Access 4908 INR
Total764478 INR

Entry Criteria

Class 12thNo specific cutoff mentioned
BachelorsNo specific cutoff mentioned
  • Applicants must have completed or must be in the final year of an appropriate bachelor's degree program from a recognized university, with a B+ standing in the final year of that program
  • Applicants must have a strong preparation in economics, including full-year courses in intermediate-level micro and macro theory, and full-year university-level courses in each of calculus and statistic
  • Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 from Indian Institutes of Technology
  • B Plus GPA: 1st Class/Div or 8.5/10; 8/10 from Indian Institutes of Technology
  • Bachelors Equiv: Bachelor`s Degree, requiring a minimum of 4 years of study (e.g. BPharm, MBBS, BDS, BTech, BEng, BArch, etc.) Or Completion of BOTH a Bachelor`s (three-year) degree and a Master`s
ExamsTOEFL: 102
  • Speaking: 26, Writing: 22

IELTS: 7
  • All components: 7.0

GRE: Accepted
  • Quantitative Reasoning - 160
  • Analytical Writing - 3.5
  • GRE scores are preferred

Additional info
  • Applicants with relevant work experience have an advantage
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