Admission Requirements
The Master of Quantitative Finance (MQF) is an interdisciplinary program.
Admission requirements for students admitted into the MQF program are as follows:
- A four-year honour's Bachelor's degree (or equivalent) with a strong background in quantitative methods. Such a background may be in mathematics, statistics, actuarial science, computer science, economics, engineering, physics, provided there is a strong component of high level mathematics in the program. Strong communication skills are also highly desirable.
- An overall B+ (80%) average from a Canadian university (or its equivalent).
- Three letters of reference, of which at least two are from academic sources.
- Proof of competency in English (if applicable), including a TOEFL score of at least 600 and TWE of at least 4.5 for students required to take the Test of English as a Foreign Language or an Internet Based score (IBT) of at least 100 is required with a minimum of 24 in Speaking and Writing. See the English Language Proficiency page for other acceptable tests of English.
Applicants will initially be assessed by a special committee as part of the admission process.
Additional information is available at the Master of Quantitative Finance website.
Degree Requirements
Master of Quantitative Finance (Course Work Option)
Normally, this program consists of two academic terms (Fall and Winter), followed by a work term with an industrial partner in the Spring term, and then one additional academic term (Fall).
The academic requirements are:
- nine one-term (0.50 unit weight) courses
- and the Master's Research Paper
The required courses are:
In addition, students are required to take one additional graduate level course approved by the student’s academic advisor. Recommended course electives include:
Candidates must obtain an overall average of at least 75% in the courses presented in fulfillment of the degree requirements.
Master of Quantitative Finance (Thesis Option)
The academic requirements are:
- four one-term (0.50 unit weight) courses
- and the Master's Thesis
The required courses are:
Plus two elective courses approved by the student’s academic advisor. Students will be required to submit a thesis proposal by the end of their second term of study.
Candidates must obtain an overall average of at least 75% in the courses presented in fulfillment of the degree requirements.