Program information

Department/School Economics
Faculty Faculty of Arts
Admit term(s)

Fall (September – December)

Application and document submission deadline(s)

February 1 (for admission in September)

Delivery mode On-campus
Program type Co-operative, Master's, Research
Length of program 20 months
Registration option(s) Full-time
Study option(s)


Watch the How to apply to Waterloo graduate studies video

Due to funding restrictions, the Faculty of Arts is currently limiting the number of international students we can admit. We receive an average of 180 international Master’s applications each year, and admit approximately 10 international Master’s students.

What does it take to get in?

Minimum admission requirements

  • An Honours bachelor's degree (or equivalent) with a 75% average.
  • Students must have strong preparation in economics and in the mathematical tools needed to be successful in the program, including the following university-level courses: advanced microeconomics, advanced macroeconomics, advanced econometrics, mathematical economics; as an equivalent two terms of calculus and one term of linear algebra.
  • A GRE score is not required but is recommended for all international students applying to the program.


Application materials

  • Transcript(s)
  • References
  • Proof of English language proficiency, if applicable.
    • TOEFL 90 (writing 25, speaking 25), IELTS 7.0 (writing 6.5, speaking 6.5)
    • The Department of Economics does not consider international applicants whose English language proficiency scores fall below the minimum requirements

How much will it cost?

What can you expect at Waterloo?

    This program page is effective September 2023; it will be updated annually.  Any changes to the program page following this date will be indicated with a notation. 

    We strive to provide you with the necessary information on each of our program pages.  Was there something you found helpful?  Was there anything missing?  Share your thoughts.

    Program Contact  (for program inquiries)

    Amanda Campbell (for all other inquiries) 

    519-888-4567, ext. 45099