Tuition & Incidental Fees 2012/2013
Full-time tuition fees apply for a 12 month study term - therefore starting in September and ending in late August. There is no additional charge to enrol in summer courses. The tuition amounts for 2012-13 are illustrated below.
Domestic Students
First Year (entering 2012-13) $25,330Second Year (entered 2011-12) $12,196
International Students
First Year Fee (entering 2012-13)- $34,672
First Year Fee (entering 2013-14)- $37,231
Second Year Fee (entered 2011-12) -$17,336
Second Year Fee (entering 2012-13) -$18,240.50
Incidental Fees
Incidental fees are not included in the figures above. These fees typically range from $1000-1200. [Full-time incidential fees in 2011-12 was $1,108 for 12 months.]. For your second year of study, these fees are pro-rated to one academic session. [In 2011-12, full-time fall and winter term amounts were $554. Full-time students are not charged summer fees]
Incidental fees are broken down as follows:
| Incidental Fees | 2011-12 | 2010-11 |
Total |
1,108 |
1,069 |
| The Graduate Students' Union | 445.96 | 430.82 |
| Athletics and Recreation | 281.28 | 272.10 |
| Hart House | 143.26 | 138.22 |
| Student Life Programs and Services | 237.48 | 227.66 |
Refer to this link for further information concerning these fees.
Ancillary Fees
The program has additional ancillary fees to recovery goods and services costs which necessary for students' professional development. Charges for 2012-13 are $1,078 in year one, and $500 in Year 2. The breakdown is illustrated below.
| Category | Year One | Year Two |
Total |
1,078 |
500 |
| Placement Fee | 700 | 500 |
| Business Cards/Name Tags | 78 | 0 |
| Workshops - Accounting Review and Marquee Financial Modelling | 300 | 0 |
University Health Insurance Plan
A University Health Insurance Plan (UHIP) premium of CDN $684.00 for 12 months (2011/2012 UHIP Premium) is added to the account of all international students. UHIP is compulsory for all international students as well as recent permanent residents and returning Canadian citizens who are in their three-month OHIP wait period.
Non-Refundable Deposit
A $2,500 non-refundable deposit is required upon acceptance of the offer of admission to the Master of Financial Economics Program. This deposit is applied to your first term program fee.
Rotman Electronic Collaborative Fee
Students must pay a Rotman Electronic Collaborative Fee of $105.00 per term. MFE students who are registered in both Fall and Spring terms for MBA Elective Courses should pay the required fee of $210.00 for both academic terms.
Summer Internship
Students who are successful in arranging for a summer internship typically receive CDN $10,000 - $25,000 for the four-months and this sum may be applied to the tuition.