MSc Financial Engineering

MSc Financial Engineering is a postgraduate (master's) course in finance & accounting at HEC Montréal in Montreal, Canada. It takes 45 credits, 16–24 months, with intakes in Fall; check the programme page for Winter entry.

HEC Montréal is a public institution, ranked 151–200 in the world; 6th in Canada (MBA) in the QS Global MBA Rankings (as quoted by HEC Montréal) 2026. Read the full course description, modules and entry rules on the official course page.

Tuition for international students is C$25,966 a year, about ₹17.4 lakh. Over 1.5 years that is roughly C$38,949 (≈ ₹26.1 lakh) before any yearly increase.

International rate, Fall 2026/Winter 2027: the 45-credit supervised-project MSc totals CAD 38,949.46 with institutional fees; this figure is 30 credits (two full-time terms)

Living costs for Canada as a whole: C$20,000–30,000 a year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.

Job roles

• Investment analyst
• Financial risk analyst
• Stockbroker
• Financial manager
• Corporate investment banker
• Actuary

Employers hiring for these roles worldwide

• JPMorgan Chase
• Goldman Sachs
• Morgan Stanley
• HSBC
• Barclays
• Deutsche Bank
• Citi
• BlackRock
• Santander
• Macquarie Group

General entry requirements at HEC Montréal for master's courses. Some courses ask for more, so check the course page.

• MSc: a state-recognised bachelor's degree of at least 3 years (180 ECTS or equivalent) that gives access to a master's in your home country, with an average of 12/20 or equivalent (GPA 3.0/4.3 for Canadian degrees). A 3-year Indian degree can qualify under this rule.
• MSc Data Science and Business Analytics gives priority to engineering, computer science, mathematics, statistics, finance and other quantitative backgrounds; a preparatory mathematics course may be required.
• International application deadlines for the MSc Data Science and Business Analytics: 1 February (Fall) and 1 June (Winter).

For this course: Taught in English; HEC's intermediate-advanced English level (IELTS Academic 5.5–6.5 band, TOEFL iBT 72–94, PTE 50–65) unless exempt by prior English-medium study.

Need a score? IELTS and PTE coaching is available with us.

This course starts in: Fall; check the programme page for Winter entry.

1. 1Check the entry requirements and the deadline on the official course page.
2. 2Take IELTS, PTE or the test the university accepts, if you need one.
3. 3Prepare your documents: transcripts, statement of purpose, recommendation letters and CV.
4. 4Apply on the university's application portal and pay any application fee.
5. 5Accept your offer, meet any conditions and pay the deposit.
6. 6Apply for your student visa for Canada, then arrange accommodation.

• Valid passport
• Degree certificate and transcripts
• Proof of English proficiency (or French for French-taught programmes)
• CV
• Quebec Acceptance Certificate (CAQ) and study permit after admission

• MSc entrance scholarships

  PG

  Value: CAD 2,000–10,000

  Top admitted MSc candidates, based on academic record; no application needed, winners are told by email

  Official page

HEC Montréal is the business school affiliated with Université de Montréal. It has about 14,500 students, a quarter of them international, and holds AACSB, EQUIS and AMBA accreditation. Most teaching is in French, but eight master's programmes are taught in English, and the one-year full-time MBA runs in both English and French.

Indian students mostly look at the English-taught MSc programmes: Data Science and Business Analytics, Finance, Financial Engineering, International Business, Operations and Supply Chain Management, User Experience and Applied Financial Economics. Each is 45 credits over 16 to 24 months, with a thesis or supervised-project stream. The bachelor's (BBA) is taught in French or in a bilingual French-English stream, so it suits only students with good French.

Finance & Accounting courses at other universities in Canada

• Accounting (Advanced Diploma)Assiniboine College8 months full-time (60 credits); needs a 2-year diploma or degree and entry-level accounting · C$16,790 / year
• Master of Professional Accounting – International Student Pathway (MPAcc ISP)Brock University12 months full-time · C$53,604 / year
• Financial Analysis (Post-Degree Diploma)Douglas College1 year (30 credits) · C$19,875 / year
• Global Banking and Economics (Post-Degree Diploma)Douglas College1 year (30 credits) · C$19,875 / year
• Financial Predictive Analytics (Ontario Graduate Certificate)Humber Polytechnic2 semesters · C$22,003 / year
• MBA in Financial and Management AnalyticsInternational Business University16 months or more (four semesters in IBU's fee table); in person 2 days a week, Toronto or Ottawa · C$19,600 / year

More courses at HEC Montréal

• MSc Data Science and Business Analytics45 credits, 16–24 months · C$25,966 / year
• MSc Finance45 credits, 16–24 months · C$25,966 / year
• MSc International Business45 credits, 16–24 months · C$25,966 / year
• MSc Operations and Supply Chain Management45 credits, 16–24 months · C$25,966 / year
• MSc User Experience45 credits, 16–24 months · C$25,966 / year
• MSc Applied Financial Economics45 credits, 16–24 months · C$25,966 / year

We researched this page on 28 Oct 2026 from the university's own pages. Fees, entry rules and intakes change every year; confirm them on the official course page before you apply. Listing a course doesn't mean Admission Mantra represents the university.

1. HEC Montréal: MSc Financial Engineering (opens in a new tab)
2. HEC Montréal: fees by programme (opens in a new tab)
3. HEC Montréal: MSc supervised project fees (PDF) (opens in a new tab)
4. HEC Montréal: MBA fees (PDF) (opens in a new tab)
5. HEC Montréal: BBA fees (PDF) (opens in a new tab)