Master of Financial Data Analytics (MFDA)

Application Fees : CAD $110

Postgraduate Programs:

1. Academic Qualifications: International students applying for postgraduate programs at Ontario Tech University are typically required to have completed a relevant undergraduate degree from a recognized institution. The minimum academic requirement is a score of 70% or higher in the undergraduate degree program.

2. English Language Proficiency: Similar to undergraduate programs, international students applying for postgraduate programs are required to demonstrate proficiency in English. The minimum required IELTS score for postgraduate programs is typically 7.0, with no individual band score below 6.5. Other English proficiency tests such as TOEFL and PTE Academic may also be accepted.

3. Additional Requirements: Some postgraduate programs may have specific admission requirements, such as relevant work experience, letters of recommendation, statement of purpose, or portfolios. International students should review the program-specific admission requirements to ensure they meet all the necessary criteria.

The application process typically involves submitting the completed application form, academic transcripts, English language proficiency test scores, and any other required documents specified by the university or the chosen program.

It is important for international students to note that admission requirements may vary depending on the program and the specific circumstances of each applicant. 

Scholarships available to international students at Ontario Tech University, Canada:

1. International Excellence Scholarships: Ontario Tech University offers International Excellence Scholarships to exceptional international students entering undergraduate programs. These scholarships are merit-based and recognize academic achievement. The scholarship amount varies and is renewable for subsequent years based on maintaining a specified GPA.

2. Ontario Tech Graduate Scholarships: International students applying for graduate programs at Ontario Tech University are eligible for Ontario Tech Graduate Scholarships. These scholarships are awarded based on academic merit, research potential, and other criteria determined by individual graduate programs. The scholarship amount varies, and students are automatically considered for these scholarships upon application to their respective programs.

3. External Scholarships and Awards: Ontario Tech University encourages international students to explore external scholarship opportunities offered by government organizations, non-profit organizations, and other sources. The university provides information and resources to help students identify and apply for external scholarships. Students can also consult their home country's scholarship programs that support studying abroad.

4. Donor-Funded Scholarships: Ontario Tech University has a number of donor-funded scholarships available to both domestic and international students. These scholarships are made possible through the generosity of individuals, corporations, and organizations. The eligibility criteria, application process, and scholarship amounts vary depending on the specific scholarships.

5. Research Assistantships and Teaching Assistantships: International graduate students may have the opportunity to work as research assistants or teaching assistants, which not only provide valuable research and teaching experience but also offer financial support. These assistantships may come with a stipend or tuition fee waiver.

6. Government Funding Programs: International students at Ontario Tech University may be eligible for government funding programs offered by their home country. These programs provide financial assistance for students studying abroad. Students are encouraged to research and explore the various government-sponsored scholarships and grants available in their respective countries.

It's important to note that the availability and criteria for scholarships may vary from year to year.  Applying for scholarships typically requires submitting a separate application, meeting specific eligibility criteria, and adhering to application deadlines. International students are advised to plan their scholarship applications well in advance and carefully review the requirements and instructions provided by the university.

Upon completing the Master of Financial Data Analytics program, graduates have excellent career prospects in various sectors within the financial industry. 

1. Financial Analyst: Graduates can work as financial analysts, using their data analytics skills to analyze financial data, assess investment opportunities, and provide strategic recommendations.

2. Risk Manager: The program equips graduates with the skills to become risk managers, responsible for identifying and managing financial risks within organizations.

3. Data Analyst: Graduates can pursue careers as data analysts, working with financial datasets to extract insights, identify trends, and make data-driven decisions.

4. Financial Consultant: Graduates may choose to work as financial consultants, providing expertise and advisory services to businesses and individuals on financial matters.

5. Quantitative Analyst: Graduates with strong quantitative and data analytics skills can pursue roles as quantitative analysts, developing models and algorithms to support financial decision-making.

6. Financial Technology Specialist: The program also prepares graduates for careers in the rapidly evolving field of financial technology, where they can work on innovative projects related to fintech, data-driven investing, and algorithmic trading.

Ontario Tech University's Master of Financial Data Analytics program provides students with a comprehensive education in financial analysis and data analytics, opening up diverse career opportunities in the financial industry. The program's emphasis on practical skills, industry relevance, and emerging technologies ensures that graduates are well-equipped to succeed in the dynamic world of financial data analytics.