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MFE Tuition

Tuition & Incidental Fees: 2018/2019

Fees for the Master of Financial Economics are for a period of 1.5 years, 16 months, or 4 terms. Year 1 tuition fees cover a 12 month study term including summer, for the period starting mid-August through to late August the following year. Year 2 fees cover the final fall term.

Tuition Fees (2018-19)
Academic Yr 2018-19 & fall 2019
Domestic
International
Year 1: fall 2018, winter 2019, summer 2019
$ 33,910
$ 47,500
Year 2: fall 2019
$ 16,955
$ 23,750
Total 2018-19 fees
$ 50,865
$ 71,250

A $2,500 non-refundable deposit is required upon acceptance of the offer of admission to the Master of Financial Economics (MFE) Program. This deposit is applied to your first term program fee.

Ancillary & Incidental Fees

Ancillary and Incidental fees the same for domestic and international students. Ancillary fees are program recovery charges for goods & services required for students' professional development. Incidental fees are university charges for student access to clubs, associations, athletic centres, and space. In Year 2, these fees are pro-rated to one academic session. Full-time students are not charged summer fees.
Ancillary Fees (2018-19)   Incidental Fees (2018-19)
Academic Year 2018-19 & fall 2019
Year 1
Year 2
2018-19 & fall 2019
Year 1
Year 2
Placement Fee
$ 795
$ 568
Campus Fees
$ 870
$ 435
Business Cards/Name Tags
$ 35
--
Society Fees
$ 664
$ 332
Workshops: Accounting & Financial Modelling
$ 518
--
Student Life & System Access
$ 55
$ 55
Total Ancillary Fees
$ 1,348
$ 568
Total Incidental Fees
$ 1,589
$ 822

 

University Health Insurance Plan

A University Health Insurance Plan (UHIP) premium of CDN $624 yearly is added to the account of all international students. UHIP is compulsory for international students, recent permanent residents, and returning Canadian citizens in their 3 month OHIP wait period.

Internship

The mandatory internship takes place during the summer months May through August, although students may assume additional internships during other academic terms. Students typically earn between $15,000 - $35,000 for the 4 month internship period.

Living Costs

For an estimate of standard living costs, see here. The UofT Financial Planning calculator is a useful budgeting tool for students.