Study Finance Courses in Canada: PR, Online Courses

Finance Courses in Canada: Canada is an excellent destination for finance studies due to its robust economy and prestigious universities. The country presents numerous prospects for those aspiring to build a career in finance. Canadian universities offer well-designed courses that equip students with essential skills and knowledge for success in the field. 

These courses cover diverse areas, including financial markets, investments, and data analytics, providing students with the necessary tools for excelling in their careers. Moreover, studying finance in Canada opens doors to internships and job opportunities, granting students a competitive advantage in shaping their future careers. 

With affordable tuition fees, generous scholarships, and a thriving job market, Canada serves as an ideal platform for international students to enhance their financial skills and progress professionally. By pursuing finance studies in Canada, students can benefit from the country’s high-quality education, promising job prospects, and vibrant multicultural environment.

Keep reading to know about the finance courses in Canada in full detail. 

Why Study Finance Courses in Canada?

Studying finance courses in Canada offers abundant career possibilities. A finance degree opens doors to roles in banking and financial services, such as financial analyst, investment banker, or portfolio manager. 

Corporate opportunities as a controller or chief financial officer also await. The emergence of fintech startups and tech-based companies creates a demand for finance professionals who understand new technologies like blockchain and cryptocurrency. By pursuing finance courses in Canada, you’ll be well-prepared to seize these prospects and forge a successful career path.

With the appropriate qualifications, you can explore various positions in banking, investments, financial planning, and beyond. Government and non-profit organizations also seek individuals with financial expertise. 

The average salary for finance graduates in Canada ranges from CAD $66,000 to CAD $71,000, with experienced professionals earning about CAD $120,000. However, these figures often represent postgraduate program graduates, as undergraduate finance programs are less prevalent.

Canada boasts historically low unemployment rates, currently below 5%, with growing opportunities in skilled employment due to its emphasis on education and accessibility. This makes Canada an excellent destination for building a career and a life for those seeking work and residency abroad.

Also Read: Best Universities for Finance in the UK

Get PR Easily

The Canada Permanent Resident (PR) Visa enables individuals and their families to permanently work and reside in Canada. Once issued a PR visa, individuals can become eligible to apply for Canadian citizenship through IRCC (Immigration, Refugees, and Citizenship Canada) after fulfilling certain criteria. 

Holding a Permanent Residence (PR) status in Canada grants individuals the privilege of working and residing in the country on a permanent basis.

Opting for Finance and Economics courses in Canada presents outstanding career opportunities owing to their significance in the country’s economy. Pursuing a certificate or degree in Finance equips you with a comprehensive comprehension of financial market operations and applications. 

Given the high demand for Finance and Economics experts in Canada, completing your chosen program opens up promising job prospects.  

Here is a list of some of the leading Finance courses available in Canada that can get you PR easily:

• Master’s in Management in Finance 
• Master of Financial Risk Management 
• BSC (Hons) Economics and Finance 
• PG Diploma in Financial Services 
• Master of Arts in Economics and Finance 

Study Finance Courses in Canada after 12th 

After completing class 12th, there are numerous finance courses available in Canada. These courses are considered professional and demand consistent dedication from aspiring students. The tuition fees for finance courses in Canada vary, ranging from 20,000 CAD to 50,000 CAD. 

Some well-known finance courses in Canada include:  

• Chartered Accountancy (CA) 
• Cost and Management Accountant (CMA) 
• Bachelor of Commerce (B.Com) 
• BBA in Finance
• Bachelor of Arts in Economics 

Also Read: Diploma in Banking and Finance

Best Finance Courses in Canada for International Students 

Finance programs have consistently distinguished themselves as a standout choice among the array of courses offered in Canada. Renowned for its research-driven universities and impressive employment opportunities, studying finance in Canada is widely recognised for its exceptional quality and reputation.

Have a look at some of the best finance courses in Canada for international students:

Online Finance Courses 

Online courses provide individuals from diverse backgrounds with flexible and easily accessible learning prospects. These courses enable students to attain fresh skills, acquire knowledge, and progress in their careers, unrestricted by the limitations of traditional classrooms. 

With a vast array of subjects to choose from, online courses foster continuous learning and personal growth.

Let’s have a look at some of the top online finance courses in Canada:

University	Offered Course
New Brunswick Community College	Diploma Program in Business Administration: Financial Management
Northern Alberta Institute of Technology	Bachelor of Business Administration – Finance
The University of Winnipeg	Financial Management Diploma
University of Victoria	Diploma in Cultural Resource Management
Dalhousie University	MBA – Master of Business Administration (Financial Services)

Also Read: Financial Analyst Courses

Diploma Finance Courses 

Canada provides a diverse array of diploma courses in finance. The country boasts an impressive roster of multinational corporations, a robust economy, and a high standard of living. 

Diplomas earned from Canadian institutions carry global recognition, and pursuing a finance course opens doors to promising career prospects.

Let’s have a look at some of the top colleges that offer diploma in finance in Canada:

• Conestoga College
• McGill University
• Centennial College
• Humber College
• Concordia University

Also Read: Diploma in Financial Accounting

PhD in Business Administration (Finance) in Canada after MBA

Enrolling in the Business Administration PhD program offers the opportunity to collaborate with esteemed faculty members affiliated with renowned research institutions, renowned for their groundbreaking research and journal publications. 

Additionally, you will have the chance to participate in various scholarly societies. The Department of Finance provides a dynamic and diverse research environment for your studies. Completing this program usually takes between 3 to 5 years, and it is available at several renowned universities like Concordia University.

Upon graduation, you can pursue careers as a Financial Analyst, Budget Analyst, Consultant, and other related roles.

There are various courses available in Canada that you can pursue after MBA in finance. Some of the top courses are:

• Financial Planning And Services
• Company Secretary (CS)
• Quantitative Finance Course
• Financial Risk Management
• Chartered Alternative Investment Analyst

Also Read: Study in Canada

Eligibility Criteria

While the eligibility criteria for each university differ slightly, the general requirements are the same. Look at the eligibility criteria you need to fulfil in order to be considered fit for pursuing a finance course in Canada:

• The applicants need to secure a minimum score of 6.5-7 in IELTS and 90 in TOEFL. 
• The students also need to possess a master’s degree when applying for a PhD, a bachelor’s degree when applying for a postgraduate degree, and a high school degree when applying for a graduate or diploma program. 
• One also needs to have a Canadian study permit in order to be deemed eligible for the program.

How to Apply for Studying Finance Courses in Canada?

While there may be minor differences in admission procedures across various universities, the general process remains largely the same. Thus, a comprehensive outline for the admission process at universities in Canada can be outlined as follows:  

Step 1: Begin by visiting the official website of your chosen institution and commence your application during the registration period. 

Step 2: Ensure that you have all the required documents readily accessible in case they are needed for submission during the admission process. 

Step 3: Provide the results of mandatory exams like IELTS and TOEFL. 

Step 4: Fill out the application form, pay the application fee, and complete the submission process.

Documents Required

Here is the list of documents you need to submit in order to get admission into your desired university for studying finance: 

• Valid Passport,
• Proof of Funds,
• Proof of Acceptance, 
• CV/Resume,
• GPA scores,
• English Language Proficiency Test Scores, and 
• Letters of Recommendation.

Application Fee

While the application fee for each university is different, the average application fee you can expect to pay when applying for a finance course is 50 CAD to 250 CAD. 

Top Universities and Their Tuition Fees for Finance Courses in Canada 

Finance assumes a pivotal role within any organization, and individuals possessing proficiency in this domain are in high demand within the corporate sector. Have a look at the top universities offering finance courses in Canada along with their eligibility criteria:

University	Average Tuition Fees in CAD (for Diploma, Graduation, Post Graduation, and PhD in Finance) Per Year	Eligibility Criteria
University of British Columbia	20,000-25,000	IELTS 6.5, TOEFL 90
University of Toronto	45,000-60,500	IELTS 7.0
University of Alberta	13,000-39,000	IELTS 6.5, TOEFL 90
University of Waterloo	9,000-71,000	IELTS 7.0, TOEFL 90
McGill University	5,172-25,000	IELTS 6.5, TOEFL 86

Also Read: Short-term Courses in Finance – 2023 List

Scholarships For Studying Finance Courses in Canada 

Beginning your educational journey in Canada can be made significantly easier by securing a scholarship that addresses both your academic and living expenditures. Typically, Canadian universities extend scholarships to students who exhibit outstanding academic performance. 

There are various scholarships offered by top-notch universities in Canada. Some of these scholarships include:

Scholarship	University Offering the Scholarship
Accounting Scholarship	University of Lethbridge
Aboriginal Achievement Education Scholarships	All Universities
Alan Kraus Scholarship	University of British Columbia
Bayer CropScience Award	University of Lethbridge
Canadian Federation of Independent Grocers (CFIG) Scholarships	All Universities

Also Read: MBA in Banking and Finance

FAQs

Many Indian students dream of pursuing education in developed countries like Canada due to the exposure and career growth they offer. This blog contained all information on studying the Finance Courses in Canada. Consider joining a free counselling session with Leverage Edu if you are also planning to study abroad.