Finance

Program Overview

The Master of Finance (MF) program provides the most in-depth theoretical and applied finance training currently available. Aimed at experienced working professionals, the program is delivered on Wednesday evenings and alternating Saturdays over 20 months. This enables students to advance their career without leaving work, and be able to apply the knowledge learned in the classroom immediately in the workplace. Students come from a variety of backgrounds such as financial risk, portfolio management, corporate finance, equity research, accounting, sales and trading, insurance, pensions, and legal settings.


Quick Facts

Domestic International
Application payment deadline MF:

Round one: 25-Nov-2020

Round two: 24-Feb-2021

Round three: 18-Apr-2021

Round four: 16-Jun-2021

MF:

Round one: 25-Nov-2020

Round two: 24-Feb-2021

Round three: 18-Apr-2021

Round four: 16-Jun-2021

Supporting documents deadline MF:

Round one: 25-Nov-2020

Round two: 24-Feb-2021

Round three: 18-Apr-2021

Round four: 16-Jun-2021

MF:

Round one: 25-Nov-2020

Round two: 24-Feb-2021

Round three: 18-Apr-2021

Round four: 16-Jun-2021

Minimum admission average MF:

Mid-B

MF:

Mid-B

Program length (full-time only) MF:

5 Sessions

MF:

5 Sessions


Master of Finance​

Program Description

The Master of Finance (MF) program provides the most in-depth theoretical and applied finance training currently available. Aimed at experienced working professionals, the program is delivered on Wednesday evenings and alternating Saturdays over 20 months. This enables students to advance their career without leaving work, and be able to apply the knowledge learned in the classroom immediately in the workplace. Students come from a variety of backgrounds such as financial risk, portfolio management, corporate finance, equity research, accounting, sales and trading, insurance, pensions, and legal settings.

Minimum Admission Requirements

  • Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

  • An appropriate bachelor's degree from a recognized university.

  • A satisfactory score on the Graduate Management Admissions Test (GMAT) or GRE (Graduate Record Examination; General Test). Exemptions from the GMAT/GRE requirement are granted to applicants who have:

    • Passed the Common Final Exam (CFE) (or former UFE) for a Certified Professional Accountant (CPA) designation.

    • Passed at least the Level II examination of the Chartered Financial Analyst (CFA) designation.

    • Graduated from the University of Toronto with high distinction (cumulative grade point average of 3.5 or higher).

    • Attained the professional designation in Engineering (PEng) or in Actuarial Sciences (ACIA or FCIA).

  • At least two years of full-time work experience in finance or a finance-related field is strongly recommended. Applicants who do not have the recommended work experience will be considered on a case-by-case basis, particularly if accompanied by demonstrated exceptional academic and professional potential.

  • Applicants who meet all the criteria will be assessed on the basis of their application essay, grades, standardized graduate test scores, references, and professional experience by the admissions committee. Prospective students will then be invited for an admission interview. The admission decision will be based on both submitted materials and interview pe​rformance.

Program Requirements

  • Within this 20-month program (two academic years):

    • Students must complete a structured sequence of 5.75 full-course equivalents (FCEs) (11.5 half-course equivalents) taken over five sessions. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

RSM 4113H (0.25 FCE) Macroeconomics for Finance Professionals
​​​RSM 4216H
Financial Reporting and Financial Statement Analysis​
​RSM 4220H
Advanced Accounting Topics for Finance​
RSM 4310H​
Foundations of Finance​
​RSM 4314H
​Risk Management and Financial Institutions
RSM 4315H​
Investment Banking​ and Corporate Valuation
​RSM 4317H
Analysis of Fixed Income Markets​
​RSM 4318H
​Applied Portfolio Management
​RSM 4319H
Forecasting Risks and Opportunities for Financial Securities​
​RSM 4322H
​Applications of Derivatives Products
​RSM 4323H
Investments​
RSM 4324H Innovations in Financial Technology

Consult the departmental website for course descriptions.

Program Length

5 sessions (2 years) full-time (typical registration sequence: F/W/S/F/W)

Time Limit

3 years

Sophia Chan

“Graduate school is definitely busy and challenging, but it is also fun! ”

Sophia Chan
Master of Financial Insurance Program
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