Master of Finance (MFin)

Application Fees : CAD$ 100

Postgraduate Programs: To be considered for admission to a postgraduate program at the University of Manitoba, international students must meet the following requirements:

1. Academic Requirements:

   • Completion of a recognized undergraduate degree or its equivalent from a recognized institution with a minimum average of 70%.
   • Some programs may have specific prerequisite courses or additional requirements. It is advisable to review the program-specific requirements for detailed information.

2. English Language Proficiency:

   • International students whose first language is not English must provide proof of English language proficiency.
   • The University accepts various English language proficiency tests, including IELTS. A minimum overall band score of 7 is typically required.

3. Standardized Tests:

   • Some postgraduate programs may require standardized test scores such as the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT).
   • For the GRE, a minimum score of 306 is generally required for admission to postgraduate courses.
   • For the GMAT, a minimum score of 550 is typically required for admission to postgraduate courses.

4. Letters of Recommendation and Statement of Purpose:

   • Many postgraduate programs require letters of recommendation from professors or professionals familiar with the applicant's academic or professional background.
   • A statement of purpose outlining the applicant's research interests, career goals, and reasons for choosing the specific program is also typically required.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the University of Manitoba has a competitive admission process, and the final decision is based on the overall strength of the application.

The University of Manitoba offers a variety of scholarships and financial aid options to support international students in their academic pursuits. These scholarships recognize academic excellence, leadership potential, and financial need. 

1. International Student Entrance Scholarships:

   • These scholarships are available to international students entering undergraduate programs.
   • The scholarships are awarded based on academic achievement, with different scholarship levels based on GPA.
   • The value of the scholarships ranges from $1,000 to $40,000.

2. International Graduate Student Entrance Scholarships:

   • These scholarships are available to international students applying for graduate programs.
   • The scholarships are awarded based on academic achievement and potential.
   • The value of the scholarships ranges from $5,000 to $17,500.

3. University of Manitoba Graduate Fellowships (UMGF):

   • UMGF is a merit-based scholarship program for international students entering master's or doctoral programs.
   • The scholarships are awarded based on academic excellence and research potential.
   • The value of the scholarships is $18,000 for master's students and $21,000 for doctoral students.

4. Faculty-Specific Scholarships:

   • Various faculties within the university offer scholarships specific to their programs of study.
   • These scholarships are available to both undergraduate and graduate international students.
   • The eligibility criteria and values of these scholarships vary depending on the faculty.

5. External Scholarships:

   • The University of Manitoba encourages international students to explore external scholarship opportunities.
   • There are several external scholarship programs available for international students to fund their studies at the university.
   • The university provides guidance and support in identifying and applying for these external scholarships.

It is important to note that the eligibility criteria, application processes, and deadlines for scholarships may vary. International students are encouraged to visit the official University of Manitoba website and the scholarship webpage for detailed information on available scholarships and how to apply.

Graduates of the Master of Finance (MFin) program from the University of Manitoba have excellent career prospects in the finance industry. Some potential career paths include:

1. Investment Banking: Graduates can pursue roles in investment banking, working with corporate clients on mergers and acquisitions, capital raising, and financial advisory services.

2. Financial Analysis: Graduates can work as financial analysts, conducting in-depth financial research, analyzing investment opportunities, and providing recommendations to investors and financial institutions.

3. Portfolio Management: Graduates can pursue careers in portfolio management, managing investment portfolios, analyzing asset allocation strategies, and optimizing investment performance.

4. Risk Management: Graduates can work in risk management roles, assessing and mitigating financial risks for organizations. They can be involved in areas such as credit risk, market risk, or operational risk management.

5. Corporate Finance: Graduates can work in corporate finance departments, analyzing financial data, making financial decisions, and managing the financial resources of organizations.

6. Financial Consulting: Graduates can join financial consulting firms, providing expert advice and solutions to clients on financial matters, such as investment strategies, risk management, and financial planning.