Masters In Finance Canada: The Best Career Move
Be it a government agency or a private firm, every business and organisation have the need for financial managers who efficiently see and manage the proper preparation of financial reports, effectively strive to reduce the risks, perform various direct investment activities and also perform efficient cash management.
These financial managers gain this expertise after doing a Masters In Finance. Pursuing a Master in Finance helps students to enhance their knowledge, ability and skills in different finance areas. This knowledge further enhances their career and job prospects and potential in the area of Finance.
So if students are looking to focus entirely on finance and its closely-knit fields, then the Master of Finance degree would be the best. Master in Finance programs would give the students comprehensive knowledge through its courses in finance theory, math, quantitative finance, markets, investment, financial reporting, and analysis.
Master in Finance can be done from the many top-notch business schools and universities all over the world including the United States, Europe, Australia, India & Canada. The country which has gained a lot of importance in terms of attractive immigration policies, great educational structure and a lower cost of living when compared to other big cities, is Canada.
Are you considering a Master in Finance from Canada? Then it would be a great option as the country’s reputation for being friendly, its pristine wilderness and top in class universities have led the country towards becoming one of the world’s most aspired destinations for international finance postgraduates, and the number of students is rising rapidly each year.
If you would like to know more about studying Master in Finance in Canada, then read what follows next as it would help you take the decision of doing your Master in Finance from Canada.
Why choose Canada for Master in Finance?
Thinking of going to Canada for your Masters? Well, you are not alone who is aiming for going to Canada for Masters as this is a country which is probably the most rapidly growing market in terms of overseas education. Many international students are eyeing Canada for their higher studies. Many prestigious Canadian universities offer top-notch and quality education. According to reports every year about 1,80,000 international students migrate to this North American country for pursuing their higher education because of the attractive reasons like:
- Quality Education.
- Affordable Tuition Fee.
- Low Cost Of Living.
- Promising Safety & Security.
- Better Healthcare.
- Superb Campus Environment.
Universities in Canada Offering Master in Finance
Rotman School Of Management (University of Toronto) : This prestigious business school is ranked on the 14thposition for the Master of Financial Risk Management degree it offers its students. The Masters in Finance program attracts many senior level students who continue to work while they study in this 20-month finance masters course.
HEC Montreal : This college in Canada offers, through its course, a career as a financial analyst or a financial advisor. The program provides knowledge and expertise in the field of finance that applies to all real and present day financial challenges. The duration of the program is 16-24 months.
Alberta School Of Business : This Masters of Financial Management program aptly delivers the knowledge which is necessary to become a successful finance manager at all the levels in an organisation. It is so designed that students, who aspire to become a Treasurer or a CFO, find this course the most favorable.
Smith School of Business (Queens University) : This amazing Master in Finance course offered by Queens Universityoffers its students a top world-class degree in only 1 year without worrying about leaving their current job. Although considered a full-time program, you are free to work while you study. So go ahead and fast track your career in various fields of finance like investment, banking and asset management.
Schulich School of Business (York University) : This degree gets its tag of the must-have degree for professionals specialising in finance by the FT of London. The 12-month long full-time Masters program gives its students the superior real-world analytical and finance training which is a must for a rewarding finance career.
University of Waterloo : This 16-month program offers Masters in Quantitative Finance and focuses on fundamental discipline concerning math, statistics, computer science and finance. The real time problems which need to be solved in today’s evolving finance industry is the main focus of this course.
Fees And Cost of Living in Canada
Average tuition fee for Canadian citizens or students who are choosing to earn a graduate degree in Canada should be ready to shell out around $1000 CAD more annually than the under graduation tuition fees which is $5000 CAD. It is evident that international students will need to pay a higher fee than the Canadian students which are nearly 3 times the amount. So to be precise a Masters degree will cost you between $16,250 CAD and $28,650 CAD.
The cost of living in Canada is low compared to living costs in big cities like London and New York. Canada welcomes students and immigrants to its universities and colleges thus the rules are also not tight like we witness in countries like USA, Australia, etc.
Job Opportunities and Career Prospects After Doing Master in Finance
After completing a Masters in Finance, you have a choice of a career in finance like investment banking, corporate finance, financial planning. You can become a financial analyst in a company or a financial manager. There are many jobs in Canada and if we see the latest trends in the Canadian job market, they show that Canada is very actively giving PR to highly skilled international students/graduates with relevant qualifications. The figures indicate that the average salary of entry-level jobs is CAD $50,000-$60,000 per year.
Canada has definitely proved its presence in the education as well as the job market. In fact, it has emerged as a leader in higher education and that is probably the reason why it is so popular with international students coming into the country to study masters and get a job as well. With its not so strict rules and a comfortable cost of living, Canada, for sure is a great choice for students aiming to hit it big in the finance industry.