Master of Finance in Toronto at York University for International Students in 2026

 Master of Finance in Toronto at York University for International Students in 2026

Toronto is widely recognized as the financial heart of Canada and a major global hub for banking, asset management, and fintech. For international students aiming to break into this high-stakes industry in 2026, the Master of Finance (MF) at York University’s Schulich School of Business stands as a premier choice. This 12-month intensive program is designed to transform high-potential graduates into technical experts ready to lead in the world’s most complex financial markets.

Why Choose Schulich for Your Master of Finance?

The Schulich MF program is not just another degree; it is a professional launchpad. In 2026, the program continues to leverage its prime location in Toronto to provide students with direct access to "Bay Street"—Canada's equivalent of Wall Street.

• CFA and FRM Partnerships: The program is an official partner of the CFA Institute and the Global Association of Risk Professionals (GARP). The curriculum covers a significant portion of the CFA and FRM bodies of knowledge, allowing you to prepare for these global designations simultaneously with your degree.

• Specialized Streams: Students can tailor their education by choosing between two specialized tracks: Capital Markets (ideal for investment banking and asset management) or Financial Risk Management (focused on regulatory compliance and risk modeling).

• World-Class Facilities: Students have access to the Miles S. Nadal Management Centre in downtown Toronto and Schulich's on-campus Trading Room, equipped with Bloomberg terminals and real-time market data.

Admission Requirements for the 2026 Intake

Admission to Schulich is highly competitive. For the September 2026 intake, the admissions committee looks for a "holistic" profile that combines academic excellence with quantitative aptitude.

• Academic Background: A four-year undergraduate degree from a recognized university with a minimum B+ average in the last two years. A strong background in quantitative subjects like calculus, statistics, or economics is essential.

• Standardized Tests: A competitive score on the GMAT or GRE is required. Applicants who have already passed CFA Level 1 or higher may sometimes be eligible for a waiver.

• Work Experience: While post-degree work experience is recommended, it is not mandatory. However, a strong internship history in finance can significantly bolster your application.

• English Proficiency: For international students, an IELTS score of 7.0 (with no band below 6.5) or a TOEFL score of 100 is mandatory.

📅 Application Deadlines for September 2026

International students are strongly encouraged to apply in the early rounds to ensure ample time for Canadian Study Permit processing.

• Round 1: October 15, 2025

• Round 2: January 21, 2026 (Recommended deadline for international students)

• Round 3: March 18, 2026

• Final Rounds: Applications may be accepted until July 22, 2026, if seats remain.

Cost of Study and Career Outcomes

Investing in a Schulich MF is a significant financial commitment, but the Return on Investment (ROI) in the Toronto job market is exceptionally high.

• Tuition Fees: For the 2026 intake, the total estimated program fee for international students is approximately $92,892 CAD (approx. ₹57.3 Lakhs).

• Living Expenses: Budget approximately $20,000 – $25,000 CAD per year for accommodation in Toronto, food, and local transportation.

• Career Scope: Schulich graduates are highly sought after by the "Big Five" Canadian banks (RBC, TD, Scotiabank, BMO, CIBC) as well as global firms like Goldman Sachs and Morgan Stanley.

• Average Salary: Graduates typically command starting salaries ranging from $80,000 to $95,000 CAD, with significant bonuses common in investment banking roles.

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