Home > Study in Canada > Wilfrid Laurier University - Waterloo Campus > Master of Finance (Co-op)
Master of Finance (Co-op)
Wilfrid Laurier University - Waterloo Campus, Canada
CAD 55029
Annual Tuition Fee
CAD 225
Application Fee
20 months
Duration
7
IELTS
100
TOEFL
77%
Min GPA
Program Overview
The Master of Finance (MFin) degree has been named as the "must-have degree" by the Financial Times. The Lazaridis MFin degree is designed to help you pursue a career in finance in positions that demand both extensive finance knowledge and excellent quantitative research skills.
Our outstanding faculty are here to help equip you with extensive knowledge in finance and critical thinking skills. Graduating with an MFin degree will allow you to pursue a career in some of the most innovative sectors of Canadian finance.
We offer multiple MFin program formats for students looking for full-time studies or for students who wish to participate in Canada’s largest business degree co-op program.
Co-op
You can choose to pursue our full-time degree while being part of Canada's largest co-op program. This option takes 20 months to complete, including two four-month co-op work terms. MFin students typically work in the financial sector, with 80% of our co-op work terms in companies within the Greater Toronto Area.
Note: The co-op option is available to applicants with less than three years of full-time work experience.
Benefits
- Attain your MFin degree in 12 months of study plus eight months of co-op. Offset the cost of tuition while earning your degree, gaining valuable work experience in multiple industries of your choice.
- Laurier has the largest business degree co-op program in Canada with 65% of co-op jobs in the Greater Toronto Area.
- Learn finance theories and apply to practical issues for a career in finance in areas such as investment banking and financial risk analysis.
- Gain hands-on experience in investment and asset management through the .
- Earn your MFin degree while preparing for your CFA exams (Level I, II or III).
- Receive dedicated career training through the Career Development Office.
- Located in Canada’s best technology ecosystem, the city of Waterloo has a strong financial services sector and is home to several leading-edge research institutions.
- Benefit from supportive alumni network.
Our co-op program helps students gain relevant work experience in large corporations and financial companies, including:
- American International Group (AIG)
- BMO Capital Markets
- TD Canada Trust
- CIBC
- CI Investments
- CPPIB
- Fidelity Investments
- Manulife
- Morgan Stanley
- National Bank
- INFOR Financial
- OMERS
- Ontario Teachers’ Pension Plan
- Portlan Holdings
- RBC
- Scotiabank
Additional Information
Program Level Master's Degree
College/University Processing Time 14 Days
Program Format Full-Time
Post-Graduation Work Permit (PGWP)
General Admission Requirement
- IELTS
- Minimum Overall Score - 7.0
- TOEFL
- Minimum Overall Score - 100 - With no score less than - 21
Academic Requirement
- Minimum Level of Education Required: To be accepted into this program, applicants must have a four-year honours undergraduate degree (or equivalent) in economics, business or a related field with a concentration in finance.
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Tuition Fee
The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the page.
Average Tuition Fee Per Year
55029
Tuition Fee
(CAD)
CAD 225
Application Fee
(CAD)
20600 Per year
Average Cost of Living
(CAD)
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
for more information about funding options.
Scholarships
Scholarships and Bursaries
You’re investing in your future by getting a university education, and we want to invest in you. We have several funding opportunities available for you throughout your degree, including some that are specifically for your first year.
Entrance Scholarships
When you apply to Laurier, you’re automatically considered for an entrance scholarship if you are
- Attending postsecondary for the first time.
- Starting your degree at Laurier with fewer than 4.0 university credits previously attempted (at any university) or less than 1 year of full-time college education.
Entrance scholarships are offered based on your as of July 2026. No application is required. If you are not eligible for an entrance scholarship, you may be eligible for other scholarships, awards and bursaries.
Entrance Scholarship Values
| Admission Average | Value |
| GPA to achieve offer - 79.9% | $5,000 |
| 80.0 - 84.9% | $5,000 |
| 85.0–89.9% | $5,000 |
| 90.0–94.9% | $5,000 |
| 95.0–100%** | $6,000 |
Note: Scholarship values are subject to change. This scholarship grid is valid for incoming students beginning in September 2026 and after.
President's Gold Scholarship
The President’s Gold Scholarship is a merit-based entrance scholarship awarded to students with an entrance average of 95% or higher. This scholarship is also renewable in your upper years, if you meet the renewal requirements.
Eligibility requirements
- If your final admission average is 95% or higher as of July 2026, we will award you with the President’s Gold Scholarship for your first year at Laurier. The scholarship is worth $4,000 for domestic students and $6,000 for international students.
- This scholarship is renewable in your upper years if you achieve an annual grade point average (GPA) of 10.5 or higher based on the completion of a minimum of 5.0 full credits during the past academic year. The renewable scholarship amount is $4,000 (domestic) or $6,000 (international) per year for four years (or up to five years for some programs).
- Students who receive the President's Gold Scholarship are not eligible to receive in-course scholarships. See the to maintain your President’s Gold Scholarship.
Applying and receiving the scholarship
- You are automatically assessed for the President’s Gold Scholarship; no additional application is required.
- You must be registered full time, and you must be registered in two terms in your first academic year to receive the full scholarship amount. A full-time course load is minimum 2.0 credits per term and an academic year at Laurier is from September to August.
- Your scholarship will be applied directly to your student account. You must be registered in courses and have a tuition charge showing on your Laurier account to receive the scholarship.
Inspiring Lives Scholarship
Every year at Laurier, we welcome international students from around the world to our campuses. We value the diverse experiences and perspectives of our international students, and recognize the many ways they inspire lives throughout our communities.
The Inspiring Lives Scholarship is a prestigious entrance scholarship available exclusively to international students beginning their undergraduate studies at Laurier. The scholarship is awarded annually to students who inspire lives of leadership and purpose in their communities and through their extracurricular activities.
The scholarship is valued at $500 to $5,000 CAD and can be stacked with entrance scholarships and other competitive scholarships and awards. Learn more about .
Eligibility
- All international students who have applied to Laurier and accepted their offer and are entering their first year of undergraduate studies in the fall term are eligible to apply. Students can be studying in any undergraduate program at any of our campuses.
- Applicants are required to be paying full-time international tuition fees in the fall term to receive the scholarship.
- There is no minimum admissions average required to apply. This scholarship can also be awarded in addition to .
Laurier Scholars Award
The prestigious Laurier Scholars Award offers high-achieving students the opportunity to participate in a dynamic learning environment that will foster innovative thinking and ethical, visionary leadership.
Since 2021, Laurier continues to welcome seven scholars annually, each of whom will receive a $40,000 scholarship over a four-year period. Award recipients join a community of scholars from across the disciplines and receive mentorship, networking, research and experiential learning opportunities throughout their degree. Laurier’s commitment to academic excellence and community engagement, including social innovation and sustainability efforts, provides Laurier Scholars with a strong foundation to create new ideas and make meaningful change.
Laurier Scholars are required to meet all conditions to receive and renew their scholarship on an annual basis over a four-year period.
Laurier Scholars Award Conditions
Scholarship Funding Disbursement
- The award includes $7,500 per year for up to four years and an experiential learning award of $10,000.
- Funding will be applied in two equal installments to your student account during your full-time terms of study. The experiential award of $10,000 may be used to fund a summer research assistantship, international exchange or another hands-on learning opportunity that connects in-class knowledge to learning experiences outside the classroom.
*The award values, number of recipients, and criteria are subject to change.
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