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McGill MFin Review

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    The Master of Finance (M.Fin.) program at the McGill University Desautels Faculty of Management is a rigorous and intensive one-year program designed to provide students with the skills and knowledge necessary for a successful career in finance.

    The McGill Mfin program offers a comprehensive curriculum that covers a wide range of financial topics, including corporate finance, investment management, risk management, and financial engineering. Students also have the opportunity to customize their education through elective courses that cater to their specific interests.

    The program attracts a diverse cohort of students from around the world, with varied academic and professional backgrounds. This diversity creates a dynamic learning environment that encourages students to share their experiences and perspectives, fostering collaboration and growth.

    Tuition Fees  $63,362 CAD
    Program Length 16 Months
    Program deadline 15 January 2024
    Application Fees $ 80 CAD

    McGill University MMF Class Profile

    The class profile for the Master of Finance (M.Fin.) program at McGill University typically includes a diverse group of students from around the world. The entering McGill MFin class of 55 students (25 females, 30 males) speak 15 different languages and come from 7 different countries. Their academic backgrounds are as broad, with pupils having degrees in economics, engineering, and finance, among other fields. The McGill MFin program attracts a diverse and talented group of students with a passion for finance and a commitment to excellence. 

    Class Size 55
    Average GPA 3.75
    Women Diversity 25 Females out of 30
    Average GMAT Score 694
    Countries Represented 7

    Acceptance Rate

    McGill MFin offers unique flexibility that fosters a varied and multidisciplinary learning environment. Students without prior work experience or a foundation in finance are welcome to apply to the MFin. The acceptance rate for this program varies from 14% -15%.

    Program and Curriculum 

    mcgill-mfin program and curriculum

    The McGill Business School offers a Master of Finance (M.Fin.) program, designed to equip students with the necessary skills and knowledge to succeed in the finance industry. The McGill Mfin program is highly competitive and attracts students from around the world. The M.Fin. program is a full-time, 12-month program that consists of 45 credits. The coursework is designed to provide students with a comprehensive understanding of finance, as well as to develop their analytical and problem-solving skills. The program consists of both core courses and electives.

    Core Courses

    Here are the core courses of this program.

    Courses Description
    Financial Statements Students learn how to analyze and interpret financial statements to make informed financial decisions. This course is fundamental for anyone interested in finance, accounting, or business.
    International Capital Markets Students learn about foreign exchange markets, international investments, international risk management, and the dynamics of capital flows across borders. Understanding these markets is essential for businesses and investors with global interests.
    Applied Finance Project Students typically work on real-world financial issues, applying the knowledge and skills gained from previous coursework to solve practical problems. It may involve financial analysis, portfolio management, investment recommendations, or other finance-related projects.


    Here are the electives you can choose from.

    Electives Description
    Financial Economics Application of economic principles to financial markets, investment decisions, and financial institutions.
    Advanced Topics in Finance 1 Specialized or current topics in the field of finance, providing a deeper understanding of particular areas of interest.
    Investments Principles and strategies involved in making investment decisions. Covers investment vehicles, portfolio management, risk assessment, and asset allocation.
    Mergers and Acquisitions Exploration of strategies and processes involved in corporate mergers, acquisitions, and other forms of corporate restructuring. Topics include valuation, deal structures, and regulatory considerations.
    Fintech Covers the intersection of finance and technology, including blockchain, cryptocurrencies, digital banking, and online payment systems. Discusses how technology is reshaping the financial industry.
    Derivatives Focuses on financial instruments such as options, futures, and swaps. Explores how these instruments are used for risk management, speculation, and hedging.
    Advanced Corporate Finance Goes beyond the basics of corporate finance and delves into more complex topics such as capital structure, financial strategy, and corporate financial decision-making.
    Fixed Income Analysis Concentrates on the evaluation and management of fixed-income securities like bonds. Topics include bond pricing, yield measures, and risk assessment.
    Advanced Topics in Finance 2 Likely a continuation of the earlier advanced topics course, covering additional specialized topics in finance.

    Clubs & associations

    Some of the clubs & associations.

    Clubs & associations Description
    McGill International Student Network (MISN) A student-run organization that supports international students at McGill University through events and workshops.
    Post-Graduate Student Society’s International Student Caucus Represents the interests of international graduate students, organizes events, and advocates for their needs.
    Exchange Students Association Dedicated to exchange students at McGill, offering events to enhance their experience abroad.
    SSMU clubs Various student clubs overseen by the McGill University student union, covering a wide range of interests and activities.
    Engage McGill An initiative that encourages student engagement, providing information about volunteer opportunities and community service.

    Eligibility and Requirements

    mcgill-mfin eligibility and requirements

    To be eligible for the McGill MFin program, applicants must meet the following requirements:


    An undergraduate degree or equivalent qualification.

    Application fees

    The application fee for the McGill MFin  is CAD $132.90.

    Application documents

    • Degree certificate(s) or current certificate of enrolment.
    • A one-page resume (CV).
    • All official up-to-date academic transcripts and official GPA.
    • GMAT or GRE official test score report.
    • English language proficiency test score report (IELTS or TOEFL).
    • Two completed online reference forms.
    • Statement of purpose


    GPA, or Grade Point Average, is an indicator of academic achievement.McGill University does not stipulate a minimum GPA requirement for admittance into its programs; however, it remains common knowledge that an exemplary educational pedigree will commonly be expected from candidates. In addition to, GPA criteria such as class standing and test marks evaluated during the application process are also taken into consideration by admissions officers when assessing candidates' qualifications.


    The GMAT, or Graduate Management Admission Test, is a globally recognized standardized examination that many business schools utilize as an evaluation tool for candidates,the minimum required GMAT score is 600


    Business schools around the globe have made accepting GRE scores as a substitute for GMAT scores more prevalent, the minimum required GRE score is 315.

    Average work-experience

    Although work experience is not mandatory, the M.Fin. program prefers applicants with relevant work experience in finance, accounting, or related fields.

    English language proficiency test scores

     Applicants whose first language is not English must provide proof of English language proficiency by submitting scores of either TOEFL (minimum 86), IELTS (minimum 6.5).

    McGill University MMF Deadlines

    The final deadline for international students applying for the McGill MFin program is:

    ROUND 1 November 15, 2023
    ROUND 2 January 15, 2024

    Employment And Placement

    mcgill-mfin employment and placement

    Situated within the Soutar Career Centre, the Career Management team at McGill MFin program provides a unique approach to career coaching. They offer personalized support to help you explore various career opportunities and navigate your professional journey. Their approach involves tailor-made guidance, and we also offer innovative programs, events, workshops, and speaker series to help you develop valuable transferable skills, build connections within your industry (including alumni and employers), gain insights into what it takes to achieve your career objectives, and excel in today's dynamic and constantly changing work landscape.


    Top Sectors Hiring

    The top sectors where the McGill MFin graduates get placed are:

    Consulting  Finance Technology
    Chappuis Halder & Co. Bank of America Corporation Manulife
    Deloitte Acies Investment Canada Corporation Edward Jones
    Huron Consulting Group Alberta Investment Management Corporation Morgan Stanley

    Alumni Info

    With over 30,000 alumni globally, the McGill MFin graduates impact a wide range of organizations, from multinational businesses to start-ups. Year after year, students develop connections with coveted firms searching for individuals who want to make a difference

    Some Famous Alumni

    • Pratyaksha Yadav
    • Roy Sun
    • Corey Saxe

    Application Essay 

    Please complete the following questions on separate pages and upload as one PDF document in the Graduate Admission System for the McGill MFin program application.

    • Explain why you intend to pursue your master’s in finance studies at this time (maximum 500 words).
    • Explain how the Desautels Masters of Management in Finance program will help you achieve your professional goals (maximum 500 words).

    Letter of Recommendation 

    Candidates must provide two letters of reference from individuals who have been directly responsible for evaluating their performance and potential. On the application form, you must provide the names and email addresses of two referees who can evaluate your abilities. You may send this recommendation form to referees for completion, or the referees may choose to write their own recommendation letters. Once your application has been submitted, McGill MFin depatment will contact these referees directly and ask them to upload their references.

    Note: Referees may upload a reference letter as a PDF or Word document. It is the candidate's responsibility to ensure that referees submit their recommendations in a timely manner.

    McGill University MMF Interview Questions 

    An interview may be requested of a candidate. Overseas and non-Montreal students are interviewed via Skype, while local students are interviewed in person. It not only allows the admissions committee to have a better understanding of your history and goals, but it also allows you to ask for essential steps to confirm that the McGill Mfin is right for you.

    Here are some interview questions:

    • Tell me about yourself.
    • Can you provide an overview of your professional background?
    • What motivated you to pursue a Master's in Finance, and why did you opt for McGill University?
    • Why are you pursuing an MFin now in your career, and what are your short-term and long-term goals?
    • Do you have a contingency plan if your aspirations in consulting or investment banking don't materialize?
    • What are your key strengths, and could you offer some examples to illustrate them?
    • Can you share a significant weakness or area for improvement, and provide examples?
    • How do you believe you can contribute value to the incoming class?
    • What sets you apart from other candidates?
    • Is there any reason why we should not consider you for this opportunity?

    What Makes McGill University MMF Unique

    The Master of Management - Finance program is an excellent choice for those seeking a comprehensive education in finance. McGill University consistently ranks among the top global institutions for its MS Degree in Finance, making it a preferred option for international students who value strong graduate employability rates.McGill University stands out for its exceptional educational quality, hands-on practical learning, and abundant work opportunities for international students. Graduates of the McGill Min program will be well-equipped to conduct extensive research in the field.

    With its interactive curriculum, extensive research prospects, and outstanding faculty, McGill University offers a transformative learning experience. This Master of Science Degree program empowers students to become innovative and self-reliant researchers. All in all, choosing McGill MFin program is an excellent decision for those wanting to delve deeply into the field.


    The Master of Finance (M.Fin.) program at McGill Business School is a highly competitive and rigorous program designed to prepare students for successful careers in the finance industry. The program provides a comprehensive understanding of finance, including both theoretical concepts and practical applications. The curriculum consists of both core courses and electives, allowing students to customize their education based on their interests and career goals. In addition, McGill MFin students are required to complete a Finance Research Project, providing them with an opportunity to apply their knowledge and skills to real-world finance problems.

    Know Your Author
    Photo of Rohit
    Rohit Rajaram
    Study Abroad Expert
    Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
    Is prior work experience mandatory for pursuing MFin from McGill?

    It’s always a plus if you have prior experience, but there is such a requirement for work experience for the students applying for this program.

    What is the total number of credits involved in the program?

    The MFin program at McGill consists of a total of 45 credits that are supposed to be completed in 12-16 months.

    Is a work visa available for international students?

     International students can get a work permit for the duration of their academic programme, up to three years, from Immigration Canada.

    How much amount is to be deposited post accepting the offer?

    After receiving the offer from McGill, applicants get two weeks to accept the offer, and they need to pay $5,000 as a non-refundable deposit.

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