Key Takeaways
1. Program Overview: McGill's Master of Finance is an intensive, one-year program tailored to deepen your understanding of financial markets, investment analysis, and advanced financial techniques. The curriculum is thoughtfully designed to blend theoretical knowledge with practical application, preparing students to tackle real-world financial challenges effectively.
2. Class Profile: The program attracts a diverse group of ambitious professionals. With a class size that fosters personalized learning and interaction, students come from various backgrounds, enhancing the richness of discussions and learning opportunities.
3. Average Salary and Employment: Graduates of the McGill MFin program are highly sought after by employers, commanding competitive salaries and securing positions in top financial institutions globally. The program boasts a strong placement rate, with graduates stepping into roles that make significant impacts in finance and beyond.
4. Tuition Fees: Investing in the McGill MFin is an investment in your future. The program is competitively priced to ensure accessibility while maintaining the highest educational standards. Financial aid and scholarships are also available to eligible students, making this prestigious program attainable for high achievers.
Introduction
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 |
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 |
McGill MFin Rankings
The McGill MFin program, offered by the Desautels Faculty of Management, continues to be highly regarded globally. According to the Financial Times' most recent rankings, McGill MFin was ranked 25th in 2022, demonstrating its standing as one of the top finance programs in Canada and globally. The program's strong position reflects its quality, industry connections, and career outcomes for graduates.
| Rankings | Position |
| Financial Times (top MFin Program in Canada) | 25 |
Program and Curriculum of McGill MFin
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.
- Financial Statements
- International Capital Markets
- Applied Finance Project
Electives
Here are the electives you can choose from.
- Financial Economics
- Advanced Topics in Finance 1
- Investments
- Mergers and Acquisitions
- Fintech
Fees & Financing
The total tuition fee for the McGill MFin for the Summer 2025 cohort is CAD $67,779. Canadian citizens and permanent residents receive a tuition waiver of CAD $15,821, bringing their net tuition to CAD $51,958. Fees are subject to change yearly.
McGill offers several options to finance your education, including government loans for Canadian students. The MMF program also provides entrance scholarships for high-achieving candidates, which are awarded on a rolling basis upon acceptance into the program
| Tuition fees | $63,362 CAD |
| Application Fee | CAD $136.89 |
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.
| Average Starting Salary | $100,000 USD |
| Employment Rate Within 6 Months | 94% |
MGill MFin Application: Essays & Interview
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).
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.
Who attends the McGill MFin program:
- Applicants should have a solid foundation in mathematics, statistics, and finance-related coursework
- Students who can critically analyze data, make informed decisions, and solve complex financial problems.
- Leadership qualities, both in academic settings and extracurricular activities, are important, as the program aims to nurture future leaders in finance.
- Successful candidates are those who can thrive in a collaborative setting, as teamwork is a key component of the program's structure.
Why McGill University is Unique?
Thinking Is MFin Degree worth it? It stands out for its unique features that set it apart from other Financial Management programs. Some of the key unique features of the program include:
- Innovative Curriculum: Blends theory with practical learning.
- Student-Run Investment Firm: Home to Desautels Capital Management Inc.
- Diverse Community: International student body enhances learning.
- Extensive Alumni Network: Provides valuable mentorship and connections
- Career Support: Dedicated career center and internship opportunities
Conclusion
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.
