Experience the Schulich Advantage
Prepare to Lead with a Schulich Masters Degree
“ Ranked one of the top 15 business schools in the world for students pursuing careers in finance, Schulich has been developing successful financial managers and leaders for many decades. Schulich’s Master of Finance degree provides students with the cutting-edge knowledge and expertise of its world-class faculty members together with the many benefits of our School’s high-impact partnerships and industry associations in the finance sector.”
Detlev Zwick, PhD Dean, Tanna H. Schulich Chair in Digital Marketing Strategy, Schulich School of Business
On the cover: Anbo Wang (MF ’22), Market Risk Analyst, TD Securities
Learn about Anbo’s journey
Why Schulich
The Master of Finance (MF) class is a mix of students from different industries and academic backgrounds. Schulich offers a wealth of possibilities for personal growth, development, and a variety of experiential learning opportunities.
DIVERSITY AT SCHULICH
We take great pride in educating future business leaders who are passionately dedicated to contributing positively to the world.
35+ languages spoken by Schulich faculty
48 countries represented in our student body 65% of Schulich’s award winning faculty are international 14+ sectors where our student body comes from
REAL WORLD PERSPECTIVES
Students participate in the program’s unique Research and Professional Seminar Series, which provides exclusive opportunities to engage with leading scholars and industry experts.
A THOUGHT LEADER IN BUSINESS AND SUSTAINABILITY
One of the world’s top-ranked business schools in sustainability, our cutting-edge curriculum and research efforts demonstrate our commitment to advancing sustainable business practices.
Our Rob and Cheryl McEwen Graduate Study & Research Building has received the LEED (Leadership in Environmental Energy and Design) Gold Certification:
Rainwater recapture system for green roof irrigation
Energy use intensity 71.4% below the Model National Energy Code of Canada
7,500 m 2
of new landscaped open area, including 3,800 m2 of planted green space
27 m
natural ventilation system driven by the glass solar chimney
Take a virtual tour of the McEwen building
Discover the Master of Finance
The 12-month Master of Finance grows your analytical, technical and decision-making skills, preparing you for an exciting career in finance. Research and professional seminars enhance the core curriculum and support your personal, academic, and professional development.
Get Ready for the Fast-Paced World of Finance
Start Date September Program Length 12 months
What to Expect
This intensive program places a strong emphasis on real-world application and on technical communication and decision making skills. The curriculum provides specialized knowledge on both the buy and the sell side of capital markets, whether in investment banking, risk management, or asset management. Critical topics in governance, ethics, and the legal aspects of finance are also embedded in your studies, preparing you to understand the important contextual dynamics of the industry. The Schulich MF allows you to chart a course in finance that aligns with your career goals, offering streams in Capital Markets and Financial Risk Management.
Program Partnerships
The Schulich MF is a program partner of the Chartered Financial Analysts (CFA) Institute, the global industry standard for finance professionals. Throughout the course of your studies, you will be well-equipped to successfully challenge all three levels of the CFA. You will also enjoy access to specialized online Level 1, 2, and 3 sample exams, scholarships, the Financial Newsbrief, (a daily investment newsletter), and other CFA publications.
The Schulich MF is also a program partner of the Financial Risk Manager (FRM) designation offered by the Global Association of Risk Professionals (GARP). The MF curriculum covers at least 70% of the FRM’s level one exam, preparing you for two levels of the FRM exams after completing the degree. As a MF student, you are entitled to access GARP online resources free of charge. Students are also eligible to apply for GARP’s scholarships and fellowship and invited to join GARP’s networking events.
“ The Master of Finance degree is a “must-have” degree for people pursuing a career in asset management, capital markets, and risk management. It not only provides the intensive industry grounding, but also offers curriculum for the accelerated CFA and FRM pathway to launch a successful career in the modern financial industry.”
Professor Melanie Cao BSc (HUST, China); MA (HUST, China); MBA (Ottawa); PhD (UofT) Program Director, Master of Finance; Professor of Finance
View Professor Cao’s video
TO APPLY ONLINE scan the QR code or visit: schulich.yorku.ca/mf
Typical MF Program Course Structure*
TERM 1: FALL
September 2025
Common courses:
• Intermediate Financial Accounting for Finance Majors
• Applications of Data Science in Finance
• Financial Management and Valuation
• Institutional Wealth Management
• Research Seminar Series**
• Professional Seminar Series**
TERM 2: WINTER
January 2026
Common courses:
• Options, Futures and Other Derivative Securities
• Research Seminar Series**
• Professional Seminar Series**
Stream courses:
Capital Markets Stream:
• Investment Banking
• Fixed Income Securities
• Venture Capital and Private Equity
Financial Risk Management Stream:
• Fixed Income Securities
• Stochastic Calculus in Finance
• Machine Learning in Finance
TERM 3: SUMMER
May 2026
Common courses:
• Fintech: Digital Transformation of Financial Services
• Corporate Financial Analysis
• Corporate Governance and Securities Law
• Ethical Decision Making for Finance Professionals
Stream courses:
Capital Markets Stream:
• Analysis of Structured Products Using Excel
• Financial Risk Management
Financial Risk Management Stream:
• Advanced Derivative Securities
• Enterprise-wide Financial Risk Management
Your Student Experience Goes Beyond the Classroom
Build lasting memories as part of an engaged and impressive student community. Develop your strengths, skills, and interests with a host of exciting co-curricular activities.
Choose from over 30 student-run clubs and organizations
From investment banking to sustainable enterprise to the Graduate Business Council, you’ll have the ability to pursue a broad spectrum of interests alongside your studies.
Engage with Our Community @SchulichSchool | #SchulichMF
You Belong Right Here
Schulich’s student community fosters platforms for empowerment, representation, and belonging. Cultivate leadership skills and celebrate a rich culture of diversity by participating in student-led clubs such as the Black Graduate Business Network and Women in Leadership.
The Schulich Finance Association (SFA)
The Schulich Finance Association (SFA) supports graduate students’ interest in finance. Their mission is to assist members to prepare for a successful career in Finance through networking with alumni and finance professionals, panel discussions, and social events.
Participate in Case Competitions
Strengthen your presentation skills and master the case method with opportunities to compete in events such as the CFA Ethics Challenge, the National Investment Banking Challenge, and the Women in Capital Markets Case Competition.
Admission Requirements: Find Your Fit
Pursuing a business degree is an important decision. At Schulich, we support you with an application experience that leaves you feeling informed and empowered. We take a holistic approach during the application review process and all components of the application are thoroughly evaluated.
CONNECT WITH OUR ADMISSIONS TEAM
Scan the QR code or visit: schulich.yorku.ca/grad-inquiry
Juhi Maru (MF ’22) Portfolio Analyst, Scotia Wealth Management
GPA
GMAT/GRE PREREQUISITE COURSES IN HONOURS PROGRAM
ADMISSION REQUIREMENTS – MASTER OF FINANCE (MF)
An undergraduate degree from a recognized post-secondary institution with a minimum B+ average in the last two full years (or equivalent) of academic work.
Candidates must possess a strong quantitative background 1
ESSAYS
REFERENCE LETTERS
WORK EXPERIENCE
LANGUAGE PROFICIENCY
ADMISSIONS DEADLINES
• GMAT, GMAT Focus or GRE (the GMAT/GMAT Focus/GRE online exam is acceptable).
• Waived for holders of CFA Level 1 or higher and candidates who have completed FRM Part I or higher.
• The GMAT/GRE is also waived for candidates who have obtained B+ or a higher grade on university-level calculus, statistics, algebra or probability theory, and graduates from the Schulich School of Business BBA program with a B+ or higher GPA in the last two years of the program are exempt from this requirement.
2 video, 2 written, 1 timed written
2 reference letters2
Recommended but not required3
Applicants must produce proof of language proficiency in one of the three ways listed:
• Proof of study completed in English: 2 years minimum (must be full-time study) at an accredited university in a country (or institution) where English is the official language of instruction.
• IELTS (academic test): 7.0 (minimum 6.5 on each dimension). The IELTS online Academic Test is acceptable.
• TOEFL: 100 (minimum 23 on each dimension). The TOEFL iBT Special Home Edition test is acceptable.
September 2025 Entry
Round 1: October 16, 2024
Round 2: January 29, 2025*
Round 3: March 26, 2025
Round 4: June 11, 2025**
* International students are strongly encouraged to apply by round 2 to allow for sufficient study permit processing time.
** Late applications may be accepted pending space availability.
1 Applicants with undergraduate degrees from recognized institutions in technical disciplines such as mathematics, science, engineering, or economics, would automatically meet this requirement. Applicants may also demonstrate the required level of quantitative skills via the completion of at least two three-credit courses at recognized institutions from these fields: calculus, statistics, economics, linear algebra, probability theory or other quantitative courses.
2 One academic reference is recommended.
3 For applicants holding a 3-year degree, one year of full-time, post-graduate work experience is required.
OUR RECRUITMENT TEAM IS HERE FOR YOU!
• Connect one-on-one for a chat
• Attend one of our open houses offered during the year – Experience Schulich Virtual Open House
– Experience Schulich In-Person Open House
• Visit us at one of the 100+ local and global events we join annually
• Drop-in virtually for Q&A, student panels, and application tip info sessions
Feel at Home in Toronto
3rd largest tech sector in North America
51% of Toronto’s population was born outside of Canada
Top 20 Cities
Study in one of the most diverse cities in the world and take advantage of all that Toronto has to offer. Access the vibrant downtown core in just 30 minutes by subway. Enjoy restaurants, theatres, and distinct neighbourhoods –there’s so much to explore in Toronto. in the world for highest quality of living for international employees
7th Best City
Over 180 languages and major dialects spoken in Toronto
Our International Relations Team is Here to Support You
Schulich provides unique in-house programs, services, and a team of licensed immigration professionals to help international students navigate the transition to Canada and plan for the future.
INTERNATIONAL BENEFITS
• Study permit webinars
• Pre-arrival guides and transition support
• Mentorship program
• English language peer support
• New to Canada orientation
• Immigration information sessions
• 1:1 international student advising
• Social events
51%
of Schulich graduate students are international
Plan Your Life, Post-Degree in Canada
A Schulich masters degree provides the flexibility to start your career internationally or pursue opportunities in Canada after graduation. Upon completing your degree, you can explore Canada’s immigration pathways to help you shape your ideal career.
Attend information sessions to learn more about relevant work permits and permanent residence options, or book individualized advising sessions with Schulich’s International Student Support Specialists.
For more information scan the QR code or visit: schulich.yorku.ca/ international-student-services
Financial Aid for Your Future Investment
We welcome the opportunity to discuss ways to finance your education and the return on investment our programs offer.
Visit: schulich.yorku.ca/financial-aid
LINE OF CREDIT FOR DOMESTIC STUDENTS *
Visit schulich.yorku.ca/financial-aid/loans for a list of partnered banks and preferred rates for domestic students in professional programs.
*Please contact the bank to get the maximum loan amount and to confirm the interest rate for your program of choice.
LOANS FOR INTERNATIONAL STUDENTS
To learn more about funding opportunities for international students, please visit: schulich.yorku.ca/financial-aid/loans
Partnerships with:
“ At the Schulich School of Business, student success is one of our top priorities. Understanding that pursuing a business degree is never easy, we are dedicated to supporting our students in their academic journey through a wide range of scholarships, awards, and bursaries that not only promote diversity and inclusivity, but also to help ensure that a lack of financial resources is never a barrier for current and future Schulich students.”
Doris Mak Assistant Director,
Admissions & Financial Aid
MF SCHOLARSHIPS
Scotiabank Global Scholars Award – Canada
Value: $15,000 | Available: 1
Sonja I. Bata Legacy Award
Value: $10,000 | Available: 1
InterRent REIT and CLV Group Adversity Award
Value: $5,000 | Available: 1
Schulich Entrance Award of Merit
Value: Up to $14,000
Available: Variable
For additional scholarship information please refer to the Schulich Awards publication at: schulich.yorku.ca/financialawards
Tuition Fees and Cost of Living
Figures are based on the currently approved fee framework. Fees listed below include tuition and supplementary fees. For full details on all current tuition, supplementary fees, and student health plans, visit the York Student Financial Services website: sfs.yorku.ca/fees . Fees are subject to change.
* The full-time MF requires three terms of study to complete.
** Estimated Program Total is calculated by multiplying current tuition fees by the average number of terms required to complete the program. Estimates are rounded to the nearest $50 CAD. Subject to change. Tuition and fees reassessed annually.
1 Figures are approximations and intended only as a budget guide for students studying full-time. Costs are listed in Canadian dollars. Living expenses are estimated for 2025.
2 For more information on housing on campus, please visit yorku.ca/housing On-campus housing is available on a first come, first served basis. Students who are seeking accommodation on campus are strongly encouraged to submit their housing application after accepting their offer of admission.
3 For complete details about the University Health Insurance Plan (UHIP) visit: yorkinternational.yorku.ca/uhip. For more information about the Graduate Student Association (GSA) visit: yugsa.ca/health-plan. Fees are based on the 2024-2025 academic year.
4 Subtract UHIP cost for domestic student total.
Career Development to Shape Your Success
The Centre for Career Design (CCD) empowers students for lifelong career success and self-reliance with advice, tools, and training.
OUR TEAM CAN HELP YOU:
• Identify strengths
• Determine career objectives
• Develop and implement career plans
• Hone skills for career management
• Apply for jobs
• Prepare for interview and salary negotiations
For more information, visit: schulich.yorku.ca/ccd
Corporate Recruitment Events
Connect with leading organizations such as RBC, TD, Manulife, Purolator, P&G, Kraft Heinz, PepsiCo, and Amazon to learn about career opportunities.
Access to Job Opportunities
Enjoy exclusive access to job opportunities posted on our career platform, Handshake.
MF Advising Program
Our customized industry advising program is designed to help you navigate a career in Finance. Enjoy 1-on-1 training, advice from industry leaders, and the opportunity to network with alumni and hiring managers.
Career Workshops
Benefit from skill-enhancing workshops aimed at making you career-ready like resume and cover letter writing, managing your online presence, and mastering the interview.
MF Student Success Report
CLASS OF 2023
EMPLOYMENT AT A GLANCE *
18
Number of companies that hired Schulich MF students
$ 80,600
Average total compensation**
CLASS OF 2023 DEMOGRAPHICS AT A GLANCE
Demographics
KEY COMPANIES
Aligned Capital
SAMPLE ROLES
Associate,
INDUSTRY COVERAGE
Gain Access to the Schulich Global Alumni Network
When you graduate from Schulich, you become part of one of the largest business alumni networks in Canada.
UPON GRADUATION, JOIN A GLOBAL NETWORK OF OVER
36,000 active alumni in 90 countries
Participate in the Schulich Alumni Mentorship Program
As a student you can engage with alumni at events and conferences to gain key insights into the industries and careers that you’re passionate about.
Take advantage of life-long professional development activities, career management resources, and alumni events.
Enjoy exclusive access to Schulich’s Alumni Hub, which includes 90+ global alumni chapters in over 60 countries
“Your program here at Schulich is just the beginning! Our Global Alumni Network is a tremendous asset -opening up connections, knowledge sharing and opportunities that extend far beyond graduation.”
Pamela Laycock (MBA ’89) President, Schulich Global Alumni Network
Learn more about the Schulich Advantage
NEXT STEPS
• Visit us online: schulich.yorku.ca
• Join us for an event or information session. Register at: schulich.yorku.ca/events
• Connect with our Admissions Team at: schulich.yorku.ca/grad-inquiry
MF
Master of Finance
Program Start: September 2025
Full-Time | In Person | On Campus
Application Deadlines:
Round 1: October 16, 2024
Round 2: January 29, 2025*
Round 3: March 26, 2025
Round 4: June 11, 2025**
* International students are strongly encouraged to apply by round 2 to allow for sufficient study permit processing time.
** Late applications may be accepted pending space availability.
Additional specialized Masters programs offered at Schulich
MAcc Master of Accounting
MBAN
Master of Business Analytics
MHIA Master of Health Industry Administration
MMAI Master of Management in Artificial Intelligence
MMgt
Master of Management
MMKG
Master of Marketing
MREI
Master of Real Estate & Infrastructure
MSCM
Master of Supply Chain Management
Driving Positive Change schulich.yorku.ca