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

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.

From September 2021 through June 30, 2024 (two academic years), the MF program is offered via dual delivery. Students may choose to attend class in-person or online.

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 performance.

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.

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