U oMaster of Financial EconomicsUniversity of Toronto · Toronto, Ontario, Canada

Program Overview

Dates and tuition are specific to the 2027 intake

Please check the official program website (link below) for specific writing guidelines

Statement of purpose

CV or resume

Recommendation letters x 3

Official transcript(s)

From all post-secondary institutions attended.

Academic: Bachelor's degree with mid-B (75%) final-year average; Or international equivalent.
Prerequisites: Coursework prerequisites; Calculus, intermediate microeconomics, intermediate macroeconomics, and statistics.
IELTS: 7.0 overall (6.5 each component); SGS minimum; programs may set higher thresholds.
TOEFL: New scale: 4.5 overall (4.5 writing, 4.0 speaking) | Old scale: 93 overall (22 writing, 22 speaking); SGS minimum; new 1–6 scale on/after 21 Jan 2026.; SGS minimum; old 0–120 scale before 21 Jan 2026.
GMAT: Accepted alternative
GRE: Required (no minimum published); GRE General Test or GMAT required for degrees from non-Canadian universities.

Historical admission data is not published.