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Johnston Green, University of Guelph campus

MA in Financial Economics

  1. U of G Homepage
  2. Gordon S. Lang School of Business and Economics

Degree

  • MA (Master of Arts)

Program Type

  • Coursework

Delivery

  • On-campus

Entry Terms & Deadlines

  • Fall (September): January 15

Duration

  • Full Time: 8-12 months
  • Part Time: 16-24 months

Admission Average

B+ (77% - 79%)**Additional Requirements
Program Structure

Economic Insight. Quantitative Strength. Financial Impact.

The Master of Arts in Financial Economics at the University of Guelph is a rigorous graduate program that provides advanced training in economics, finance, and quantitative analysis. Led by internationally recognized, research-intensive faculty, the program combines analytical depth, quantitative rigor, and close faculty mentorship in a collaborative academic environment. Students gain expertise in economic and financial theory, empirical research methods, and data-driven analysis, equipping them to evaluate complex questions in economic policy and financial markets. Graduates possess the analytical, quantitative, and research skills sought by employers across the financial sector, consulting, government, and data analytics, while also receiving outstanding preparation for doctoral studies at leading universities.

Program Highlights

  • Rigorous training in economics, finance, and quantitative analysis
  • Research-intensive faculty publishing in leading journals
  • Small cohorts and close faculty mentorship
  • Coursework and major research project options
  • Graduate in as little as eight months
  • Exceptional value through competitive tuition and graduate funding
  • Strong preparation for professional careers and PhD studies

Building on a Tradition of Graduate Excellence

The MA in Financial Economics combines the strengths of the University of Guelph's established graduate training in economics with specialized expertise in finance and quantitative analysis. Students graduate with the skills and knowledge required to succeed in competitive careers across finance, consulting, government, and research, or to pursue doctoral studies at leading universities.

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Program Brochure

Department Contacts:

Graduate Program Assistant (GPA)
Ryan Kenwell: gradecon@uoguelph.ca

Graduate Program Coordinator (GPC)
Prof. Ilias Tsiakas (itsiakas@uoguelph.ca)

Department Chair
Prof. Johanna Goertz (jgoertz@uoguelph.ca)
8-12 months
Program length
Top 6%
of the world's business schools - AACSB Accredited
Every September
Program start date

MA Financial Economics program at a glance

Program length
8 months (12 months with MRP option)
Program start date
Every September
Program delivery
On-campus
Application deadline
January 15 (for consideration in the first round)

The program's core courses build a strong foundation in financial economics. In addition, students can choose electives in finance and/or economics to customize the program according to their interests.

There are two options to the MA in Financial Economics (i) by course work, and (ii) by course work and major research paper.

Course based option

You will take a minimum of four credits (eight courses) that include financial economics core courses and electives. The program can be completed in 8 months (two semesters).

  • Four core courses (2.0 credits): Macroeconomic Theory, Econometrics, Asset Pricing, and one of Corporate Finance or Microeconomic Theory.
  • Four additional courses (2.0 credits): Students who take corporate finance in the core must take at least one elective course in the subject area of economics. Students who take microeconomic theory in the core must take at least one elective course in the subject area of finance.

Major research project option

You will take a minimum of four credits that include economics and finance core courses, electives and the MRP. The program can be completed in 12 months (three semesters).

  • Four core courses (2.0 credits): Macroeconomic Theory, Econometrics, Asset Pricing, and one of Corporate Finance or Microeconomic Theory.
  • Two additional courses (1.0 credit): Students who take corporate finance in the core must take at least one elective course in the subject area of economics. Students who take microeconomic theory in the core must take at least one elective course in the subject area of finance.
  • Major research projects (1.0 credit): Written in the summer semester, under the supervision of a faculty member.

Applicants must meet the following requirements to be considered for admission:

  • A four-year honours Bachelor's degree with at least a B+ average (77-79%) in the field from a recognized post-secondary institution within the last 2 years of the degree. economics, finance or a related field,
    • International applicants should use this guide to compare their academic credentials and determine the grade equivalency needed.
  • An academic background in economics, finance or a related field.
    • Students must demonstrate familiarity with calculus, optimization, and simple regression analysis through prior course work.
    • Rigorous training in economics and econometrics as demonstrated by prior course work is also preferred
    • For undergraduates at the University of Guelph, we typically expect successfully completion of ECON*3740 Introduction to Econometrics, ECON*3710 Advanced Microeconomics, and ECON*3810 Advanced Macroeconomics.
  • Two academic references, with an option for a third.
  • Proof of English proficiency for applicants whose first language is not English. Please note that test scores must be valid for the start of the program
    • Applicants who completed a post-secondary degree from Canada, the United States, the United Kingdom, Australia, or New Zealand may request that this requirement be waived. This request will be reviewed by the graduate selection committee, who may ask for an interview and/or supplementary documentation in their consideration.

A GRE/GMAT is not required.

Fall 2027 admission:

  • January 15 -- submission of the online application form for consideration in the first round. Consideration of qualified applicants will continue past the deadline.
  • February 1 -- submission of all required supporting documents for consideration in the first round. Consideration of qualified applicants will continue past the deadline.

An application fee of $125 CAD is payable to the Ontario Universities’ Application Centre (OUAC) directly when submitting your application. This application fee cannot be waived.

Applicants are strongly advised to apply by the above deadline but consideration of qualified applicants may continue past this date.

Graduates apply their expertise in economics, finance, and quantitative analysis to careers in financial markets, consulting, government, economic policy, and data analytics. Our graduates have built successful careers across Canada’s major commercial banks, key federal institutions such as the Bank of Canada, and leading international organizations such as the International Monetary Fund. The program also provides excellent preparation for doctoral study, with graduates advancing to highly ranked PhD programs in economics and finance in Canada and internationally.

Tuition is based on standard MA tuition fees at the University of Guelph. In the 2025/26 academic year, tuition fees were approximately $6,400 for two terms for domestic students and $16,100 for international students. For more information, please see the links below.

Funding is available in the form of Graduate Teaching Assistantships (GTAs). A GTA pays approximately $7,000 per term for up to 10 hours of work per week. Students may receive one GTA per term. GTAs are allocated on a competitive basis.

Click here for information regarding tuition of the MA Financial Economics program.

Click here for more information about graduate student scholarships.

Are you an international student considering applying to the MA Financial Economics program? The digital international student viewbook provides you with an overview of our programs, admission requirements, and supports available for international students at the University of Guelph and Lang.

View Lang's International Student Viewbook

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