Course overview
Master of Finance (MFin) is a postgraduate (master's) course in finance & accounting at university-of-manitoba in Winnipeg, Canada. It takes 1 year accelerated (three terms); up to 4 years, with intakes in August/September.
university-of-manitoba is a public institution, ranked =560 in the world in the QS World University Rankings 2027. Read the full course description, modules and entry rules on the official course page.
Key highlights
| University | university-of-manitoba (Public) |
|---|---|
| Location | Winnipeg, Canada |
| Course | Master of Finance (MFin) |
| Level | Master's (postgraduate) |
| Subject area | Finance & Accounting |
| Duration | 1 year accelerated (three terms); up to 4 years |
| Tuition per year | C$39,261 (≈ ₹26.3 lakh) |
| Intakes | August/September |
| English requirement | IELTS 6.5 (speaking 6.0); TOEFL iBT 86 (20 in each); PTE 61; Duolingo not listed |
Interested in Master of Finance (MFin)?A counsellor checks your eligibility and helps you apply, free of charge.
Fees and costs
Tuition for international students is C$39,261 a year, about ₹26.3 lakh.
2026-27 international programme fee of CAD 19,630.44 per term × 2 terms; endowment fee CAD 407.80 per term extra
Living costs near the university
| Cost | In CAD | Approx. in rupees |
|---|---|---|
| MISHP international student health insurance2026-27: CAD 440 Fall plus CAD 880 Winter | C$1,320per year | ≈ ₹88,440 |
| U-Pass (Winnipeg Transit)CAD 238.70 per Fall and Winter term, 2026-27 | C$477per year | ≈ ₹31,986 |
| UMSU health and dental plan2026-27 | C$382per year | ≈ ₹25,567 |
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.
Plan my monthly living costsEligibility
General entry requirements at university-of-manitoba for master's courses. Some courses ask for more, so check the course page.
- Graduate admission generally needs a four-year (honours) bachelor's degree or equivalent and a GPA of 3.0 (B) in the last two years of full-time study.
- Asper MBA, MFin and MSCM accept a three-year bachelor's degree with a 3.0 GPA on a 4.5 scale over the last 60 credit hours.
- Asper programmes need a GMAT of 550 (or GRE equivalent) with a 60th-percentile quantitative score; the MBA also typically needs two years of full-time work experience.
English requirements
For this course: IELTS 6.5 (speaking 6.0); TOEFL iBT 86 (20 in each); PTE 61; Duolingo not listed.
| Test | What the university asks for |
|---|---|
| IELTS Academic | 6.5 overall, 6.0 in each module (undergraduate); Asper MBA 7.0 |
| TOEFL iBT | 86, at least 20 in each part, for tests before 20 January 2026; 4.5 (4.0 in each) after |
| PTE Academic | 58 (undergraduate); 61 for MFin and MSCM; 65 for the MBA |
| Duolingo English Test | 120, at least 105 in each subscore (undergraduate; not listed for Asper master's) |
| Waiver | For example, a degree from a university where English is the main language, or three years of secondary or post-secondary study in Canada or an English-primary country |
Intakes
This course starts in: August/September.
Upcoming intakes and deadlines in CanadaHow to apply
- Check the entry requirements and the deadline on the official course page.
- Take IELTS, PTE or the test the university accepts, if you need one.
- Prepare your documents: transcripts, statement of purpose, recommendation letters and CV.
- Apply on the university's application portal and pay any application fee.
- Accept your offer, meet any conditions and pay the deposit.
- Apply for your student visa for Canada, then arrange accommodation.
Documents you'll need
- Valid passport
- Class 10 and Class 12 mark sheets (undergraduate)
- Degree transcripts and certificate (graduate)
- English test score (valid for two years), unless you qualify for a waiver
- GMAT or GRE score for Asper master's programmes
- Provincial Attestation Letter (PAL) for the study permit, where required
Scholarships
International Excellence Entrance Scholarship
Undergraduate (international)
Value: One award of CAD 25,000 and two of CAD 10,000
The CAD 25,000 award needs at least a 90% average in five senior courses; selected by committee. See UM's scholarship description for how to apply.
Official pageInternational Undergraduate Student Entrance Scholarship (General Entrance Scholarship)
Undergraduate (international)
Value: CAD 1,000–3,000 (2024-25 tiers: CAD 3,000 for 95%+, CAD 2,000 for 90%+, CAD 1,000 for 85%+)
At least 85% in your best five senior courses; apply for admission by 1 March and enrol in at least 24 credit hours over Fall and Winter.
Official page
About university-of-manitoba
The University of Manitoba (UM) was founded in 1877 and is a public research university in Winnipeg, the capital of Manitoba. It has about 32,000 students, including more than 6,200 international students from 123 countries.
UM is known for agriculture and food science, engineering, health sciences and the I. H. Asper School of Business, which offers the MBA, Master of Finance and Master of Supply Chain Management and Logistics.
Similar courses
Finance & Accounting courses at other universities in Canada
- 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
- Post-Baccalaureate Diploma in Accountingkwantlen-polytechnic-university2 years (51 credits; 61 with co-op) · C$19,272 / year
- Master of Finance (MFin)queen-s-universityAbout 12 months · C$70,208 / year
More courses at university-of-manitoba
- Bachelor of Computer Science (Honours)4 years (120 credit hours); about 5 years with co-op · C$28,000 / year
- Bachelor of Science (Major) in Data Science4 years (120 credit hours); about 5 years with co-op · C$28,000 / year
- Master of Supply Chain Management and Logistics (MSCM)2–4 years, including a 4-month co-op or applied project · C$23,465 / year
- Master of Business Administration (MBA)12 months to 2 years full-time (60 credit hours) · C$26,910 / year
- Bachelor of Commerce (Honours)4 years; co-op option · C$26,700 / year
- Bachelor of Commerce (Honours) – Business Analytics major4 years; co-op option · C$26,700 / year
FAQs
What is the fee for Master of Finance (MFin) at university-of-manitoba?
The tuition for international students is C$39,261 a year (about ₹26.3 lakh). 2026-27 international programme fee of CAD 19,630.44 per term × 2 terms; endowment fee CAD 407.80 per term extra. Fees usually rise each year, so check the course page before you apply.
How long is Master of Finance (MFin)?
The course takes 1 year accelerated (three terms); up to 4 years.
What English score do I need?
IELTS 6.5 (speaking 6.0); TOEFL iBT 86 (20 in each); PTE 61; Duolingo not listed. Some universities also accept Class 12 English marks or other tests; confirm on the course page.
When can I start?
Intakes: August/September. Apply early: popular courses can fill up before the deadline.
Can Admission Mantra help me apply?
Yes. A counsellor checks your eligibility, helps you prepare your documents and statement of purpose, and guides you through the application and visa. The first conversation is free.
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.
- university-of-manitoba: Master of Finance (MFin) (opens in a new tab)
- UM: tuition and financial supports (opens in a new tab)
- UM Registrar: undergraduate tuition and fees 2026-27 (opens in a new tab)
- UM Registrar: graduate tuition and fees 2026-27 (opens in a new tab)
- UM: Facts & Figures (opens in a new tab)