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postgraduate

Degree

Master of Science - Applied Financial Economics (Thesis-Based)

postgraduate

Degree

Master of Science - Applied Financial Economics (Thesis-Based)

Quick facts

  • Annual tuition (2023)

    $26,325 CAD

  • Application fee

    $320 CAD

  • Duration

    16-24 Months

  • PGWP

    16-24 Months

  • Min GPA

    3 out of 4.3

Deadlines

Term start& deadline Deadline
Fall-September 01-March-2024 2024-03-01
Winter-January 15-September-2023 2023-09-15
Winter-January 15-September-2024 2024-09-15

Overview

Master of Science - Applied Financial Economics

Are you seeking a challenging career in microeconomics? 

Would you like to learn all about using econometric methods in finance? Take a look at this specialization at the crossroads of finance and economics at HEC Montreal.

Your Training

  • Theory and empirical models are used in finance, which often take root in economics.
  • Acquisition of skills to facilitate decision-making in different types of organizations: analysis and micro and macroeconomic modelling; portfolio analysis and asset valuation.
  • Advanced knowledge in the use of statistical, econometric and machine learning methods for carrying out business analyses and forecasting.
  • Personalized mentoring from professors renowned in Canada and abroad

Estimate your cost

Residency
Count of person

$35,010

Total costs

yearly

Details


Cost of living 1 person $6,912
Accommodation 1 bed room $8,685
Tuition 1 person $26,325

Hourly wage

Min wage

15.25 CAD / 1 hour

in Canada every student can work 20 hour per week

Required documents

  • Academic/Official Transcripts
  • Language Proficiency (If Applicable)
  • Passport or Visa Documents
  • Resume/Curriculum vitae (If Applicable)
  • Letters of recommendation (If Applicable)
  • Statement of Motivation (If Applicable)

Language requirements

GRE
not required
GMAT
not required

IELTS

7
-
listening
-
writing
-
speaking
-
reading

TOEFL

95
-
listening
-
writing
-
speaking
-
reading

PTE

-
listening
-
writing
-
speaking
-
reading

Cambridge

180
-
listening
-
writing
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speaking
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reading
  • If you have an intermediate-advanced level proficiency, you will have to take the course Business English – Advanced from your first year of studies.

Academic background and requirement

  • A Bachelor of Business Administration (BBA), an undergraduate degree in a related field or a degree deemed equivalent by the program administration.
  • GPA of at least 3.0 out of 4.3, or the GPA required by the original university for admission to a graduate program if the latter is higher.

EDUCATED ABROAD, UNDER THE FRENCH SYSTEM:

  • You must have earned as a minimum a general license or bachelor diploma accredited by the Ministry of Higher Education after a minimum of 3 years of university studies.
  • Note that RNCP-labeled titles, the University Bachelor of Technology (BUT), as well as the baccalaureate and bachelor's degree including a technological diploma (BTS or DUT) are not eligible.
  • You must have obtained an average of at least 12 out of 20 for all years of university.
  • TAGE MAGE (competitive score: 300 or higher)

EDUCATED ABROAD, NOT UNDER THE FRENCH SYSTEM:

  • You must hold a university degree recognized by the State giving access to a master’s program at your original university.
  • You have obtained, for all years of university, an average of at least 12 out of 20 or the equivalent, depending on the grading system.
  • TAGE MAGE (competitive score: 300 or higher)

Note: Official scores for GMAT, TAGE MAGE OR GRE tests are only required for candidates who studied abroad. Not required for candidates who have completed at least 45 undergraduate credits in Canada or at least 30 graduate credits in Canada at the time of their application.

Career opportunities

  • Arbitrage advisor - bonds
  • Financial analyst
  • Quantitative analyst
  • Senior analyst

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Montreal weather chart

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