Finance Courses in Canada
Finance is the study of monetary assets and their management through various activities and practices. This involves budgeting, financial planning, risk management, and investment.
Finance has a vast scope and continues to evolve with changes in the global economy and technological advancements like fintech. Fintech has new opportunities and challenges, with digital platforms transforming how financial services are delivered.
As individuals and businesses experience complex financial landscapes, the demand for skilled finance professionals is consistently growing. The field of finance has evolved significantly, with professionals helping various organisations to utilise and save money efficiently.
You can learn more about finance by pursuing a degree in finance. Finance courses in Canada provide the best educational experience for international students to start their careers in this sector.
There are many finance courses in Canada covering all these aspects. Finance courses in Canada are available as Bachelor of Science (BSc), Master of Science (MSc), and postgraduate certificate programs for learners around the globe.
Here's everything you should know about finance courses in Canada.
Finance courses in Canada: Key highlights
| Course type | Full-time |
| Course duration | 1-4 years |
| Educational qualifications | Bachelor’s degree: Students with a background in commerce, accounting, business or any related field with at least 60% marks can pursue a bachelor’s in finance in Canada. Master’s degree: Students with a bachelor’s degree in finance, commerce, accounting or other business-related fields can pursue a master’s in finance in Canada. |
| English proficiency and entrance exam requirements | IELTS: 6.5 TOEFL: 80 (Check with the university for the minimum IELTS or TOEFL scores) |
| Fees range | CAD 8,000 - CAD 22,000 |
Data updated as of December 2023
Finance: An overview
- Finance is a constantly evolving sector, involving tasks such as budgeting, financial planning, risk management, and the evaluation of investment opportunities.
- The financial sector plays a vital role in any industry, as every entity should keep track of and manage its monetary assets for smooth functioning.
- A finance degree gives graduates an excellent chance to explore various sectors. Finance paves the way for graduates to learn and evolve with business trends.
Why study finance courses in Canada?
Studying finance courses can offer several benefits. Here are three compelling reasons:
- Finance courses in Canada are structured to develop and enhance the skills you need in the finance industry. You will have the opportunity to gain theoretical and practical knowledge of various financial practices.
- Canada is known for providing the best education for international students. The universities strive to provide a great personal and professional experience for students and prepare them to start their careers in the finance industry. Multiple universities in Canada offer finance courses to learners around the globe.
- Pursuing finance courses in Canada provides specialised knowledge and skills in a field with growing demand. Graduates often find opportunities in various industries.
Best finance courses in Canada for international students
- MSc Financial Analytics: Applied Modelling and Quantitative Methods
- Post Graduate Certificate Finance
- BBA Business Administration With Finance
- BSc (Honours) Financial Science
- GradCert Financial Technology
- Post-Graduate Certificate Financial Services
- Attestation of College Studies (ACS) - Computerized Financial Management
Best universities for finance courses in Canada
Some of the top universities for finance courses in Canada are:
Different study levels for finance courses in Canada
Eligibility criteria to study finance courses in Canada
When applying for a course, your profile should satisfy the eligibility criteria for the specific field of study. Here are the basic eligibility requirements for studying finance courses in Canada for international students.
Eligibility criteria for pursuing finance courses in Canada
| Factor | Eligibility criteria |
|---|---|
| Educational qualifications | Bachelor’s degree: Students with a background in commerce, accounting, business or any related field with at least 60% marks can pursue a bachelor’s in finance in Canada. Master’s degree: Students with a bachelor’s degree in finance, commerce, accounting or other business-related fields can pursue a master’s in finance in Canada. |
| English proficiency and entrance exam requirements | IELTS: 6.5 TOEFL: 80 (Check with the university for the minimum IELTS or TOEFL scores) |
| Visa | Canada student visa |
Data updated as of December 2023
Note: The minimum grades and educational requirements differ with every university. Make sure to check if your scores meet the institution’s standards.
Student requirements to study finance courses in Canada
Once you satisfy the eligibility criteria, universities will request you to provide documents to proceed with your application. Check if you have the documents below to proceed with the application.
- Academic transcripts
- Letter of Recommendation (LOR)
- Statement of Purpose (SOP)
- Resume or Curriculum Vitae (CV)
- Passport
- Admissions test results
- English language proficiency test scores
- Attestation of issuance of the Quebec Acceptance Certificate (CAQ)
- Proof of funds
- Visa
Visa requirements for international students to study finance courses in Canada
You need a student visa to study finance courses in Canada.
| Visa | Cost |
|---|---|
| Canada student visa | CAD 235. This includes the application fee of CAD 150 and the biometrics fee of CAD 85. |
Data updated as of December 2023
Documents required for international students to apply for a visa
- Your passport
- A letter of acceptance from your course provider
- Proof of financial support
- Letter of explanation (explain your purpose and requirement for visa)
- Custodian declaration form (if the international student is under 18)
- Necessary medical test results
Average fees to study finance courses in Canada
| Fees for finance courses in Canada | Average fees |
|---|---|
| Minimum fees | £7,213 |
| Maximum fees | £21,084 |
Data updated as of December 2023
Cost of living for international students in Canada
The average annual cost of living for an international student in Canada is around CAD 10,000-15,000.
Data updated as of December 2023
Scholarships to study finance courses in Canada
A scholarship is a financial aid that grants a certain amount of tuition fees for students and reduces their expenses while studying abroad. Edvoy has partnered with institutions worldwide to offer scholarships for international students pursuing higher education. The scholarships are:
Academic scholarships
Academic scholarships award international students with remarkable academic performance. Institutions choose student profiles with good scores and provide scholarships based on their grades.
Government-funded scholarships
Government-funded scholarships are awarded to international students who accept the institution’s offer and pay a certain amount of tuition fees. These scholarships reduce student expenses by waiving a certain amount of tuition fees.
Note: Edvoy acts as a platform for you during the application process. Only the university deems your profile eligible and determines the final amount.
Job opportunities for finance graduates in Canada
There is a high demand for finance graduates in Canada, increasing the job opportunities for international students.
How much does a finance professional earn in Canada?
The average annual salary for finance professionals in Canada ranges from CAD 70,000 - 100,000.
(The above salary range is approximate and is taken from various sources.
Sources: Talent.com, Glassdoor, and LinkedIn)
Top career options for finance graduates in Canada
After completing finance courses in Canada, there are a lot of career opportunities that you can take up. Some of the job roles available are:
- Financial analyst
- Auditor
- Bank manager
- Investment banker
- Payroll administrator
- Financial advisor
- Forensic accountant
- Actuary
- Mortgage advisor
(Sources: Talent.com, Glassdoor, and LinkedIn)
Post-study work permit after completing finance programs in Canada
| Country | Name of post-study work visa | Length of time to stay in the country |
|---|---|---|
| Canada | Post-graduation work permit (PGWP) | 3 years |
Data updated as of December 2023
Related finance courses
Top finance courses in Canada
You don’t have to stop at finance programs in Canada, for example, you can search for postgraduate finance courses in Canada. If you are interested in a topic, refer to the list below - you might see something jump out!
- BBA FinanceNipissing UniversityCA$25,200
- BBA FinanceSt. Francis Xavier UniversityCA$19,300
- BBA Business Administration With FinanceTrent UniversityCA$26,191
- Post-Baccalaureate Diploma in FinanceNipissing UniversityCA$23,000
- BBA Business Administration - FinanceAcadia UniversityCA$19,543
- BBA (Hons) FinanceSt. Francis Xavier UniversityCA$19,300
- BBA Bachelor of Business Administration with a Major in FinanceUniversity of ReginaCA$27,777.9
- BBA Finance (Co-Op)St. Francis Xavier UniversityCA$19,300
- BBA Concentration in Economics & FinanceCrandall UniversityCA$17,900
- BSc (Honours) Financial ScienceTrent UniversityCA$26,191
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FAQ
Even though finance courses in Canada have a demanding and rigorous curriculum, studying these courses is relatively easy. Finance is a promising career with increasing demand for skilled professionals.
Definitely! Pursuing finance in Canada is worth it since it provides specialised knowledge and skills in a field with growing demand. Graduates often find opportunities in various industries.
Yes, finance is in high demand in Canada. As individuals and businesses experience complex financial landscapes, the demand for skilled finance professionals is consistently growing.
Yes, finance is in high demand in Canada. As individuals and businesses experience complex financial landscapes, the demand for skilled finance professionals is consistently growing.
Different universities have courses with different durations. The course duration depends on the level of study. Usually, finance courses in Canada are 1-4 years long. Depending on the course curriculum, some may be longer or shorter than others.
Pursuing finance courses in Canada has various perks for international students. Here are some advantages of studying finance courses in Canada.
- Globally recognised courses
- Competitive salary
- Various networking connections
- Employment opportunities after graduation
Some of the best universities for finance courses in Canada are:
Finance courses cover many subjects like banking, corporate finance, accounting, financial analysis, and cash management.
- Bachelor’s degree: Students with a background in commerce, accounting, business or any related field with at least 60% marks can pursue a bachelor’s in finance in Canada.
- Master’s degree: Students with a bachelor’s degree in finance, commerce, accounting or other business-related fields can pursue a master’s in finance in Canada.
The average annual salary for finance professionals in Canada ranges from CAD 70,000 - 100,000.
Highlights
- Institutions offering the courses35
- Count of UG courses23
- Count of PG courses11
- Fee range (min-max)£7,213 - £21,084
