The Master of Science in Finance Program offered by the Department of Finance and Management Science provides students with a theoretical background in contemporary finance issues and a strong foundation in empirical methods. 

The program can be used as a platform for students who wish to pursue a Ph.D. and it equips students with a competitive advantage in jobs that have a significant research component.

The two-year program features seminars and lectures in a small class size setting. A thesis is required in the second year. Due to the research intensive nature of the program and individual student supervision at the thesis stage, enrolment is limited. Only a handful of universities across North America offer programs that have a similar focus on financial research at the Master level.

Admission Requirements:

• Language Proficiency Requirements: Proof of English proficiency may be required for international applicants and for applicants whose first language is not English.
• at least 6 U of S equivalent credit units (1 year) of Statistics and 3 U of S equivalent credit units (1/2 year) of Calculus
• minimum cumulative weighted average of 75% (U of S grade system equivalent) in the last two years of full-time study (e.g. 60 credit units)
• minimum score of 500 on the GMAT or a GRE average (verbal, quantitative, analytical) score of 50th percentile
• undergraduate degree from a recognized college or university in Business, Commerce, or a related field, with a major or substantial number of classes in Finance

Degree Requirements:

• Students must maintain continuous registration in the 994 course.
• GPS 960.0 Introduction to Ethics and Integrity
• GPS 961.0 Ethics and Integrity in Human Research, if research involves human subjects
• GPS 962.0 Ethics and Integrity in Animal Research, if research involves animal subjects
• A minimum of 15 credit units of core courses, including the following:
• FIN 801.3 Advanced Corporate Finance
• FIN 802.3 Advanced Investment Theory
• FIN 803.3 Empirical Methods in Finance
• FIN 805.3 Fixed Income Securities
• FIN 990.0 Seminar in Finance
• FIN 994.0 Research – Thesis
• One of ECON 804.3 Advanced Empirical Economics, ECON 808.3 Econometrics I, JSGS 803.3 Quantitative Methods, or STAT 845.3 Statistical Methods for Research
• Thesis defence
• Thesis proposal presentation