M.Fin at Wilfrid Laurier University [WLU], Waterloo Fees, Entry Requirement & Application Deadline

Wilfrid Laurier University, Master of Finance [M.Fin], Fees, Eligibility, Application Deadlines & Scholarships

Waterloo, OntarioLocation
UniversitySchool type
Estd1911established year
19946enrollment
Public
Partner [11 Courses]
7.4/10

Master of Finance [M.Fin]

1 year
Full Time
Co Op & On Campus

Field of Study

Ranked #601 out of 650 by QS Global Ranking 2025

$39,621 /Yr

CA$55,029 /Yr
1 Students Applied

Important Alert

  • Application Open for Fall 2026 Intake - Oct 1, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$39621 (CAD 55029)

Other Expenses

HeadAvg Cost Per Year
Room Rent$2640 (CAD 3666)
Food$2428 (CAD 3372)

Per Credit Tuition Fee: $ 11005.8

Previous Year Tuition Fees

Year1st Year Fees
2021$28750 (CAD 39930)

Important Dates

  • The Upcoming Application Open & Early Application Deadline for Fall 2026 Intake are tentative based on previous year.
  • Applications are accepted on a rolling basis until capacity is reached, with co-op applicants automatically considered for the regular program if not accepted.
EventApplication Date
Application Open for Fall 2026 Intake Oct 1, 2025
Early Application Deadline for Fall 2026 Intake Dec 1, 2025
Application Deadline For Fall 2026 Intake Mar 30, 2026
  • Course Duration: 1 Year to complete.
  • Course Credits: 5 credits in total, with each course worth 0.5 credits. A total of 10 courses are required to earn the master’s degree.
  • English Proficiency: The Duolingo English Test is not accepted.
  • GMAT/GRE: Required for Admission
  • Curriculum: Covers investment management, financial modeling, derivatives, and corporate finance; CFA-aligned.
  • Co-op Option: Two four-month paid work terms for industry experience.
  • Dean's Graduate Scholarship: Offers a top-up package of over $10,000 for students in research-intensive master’s and PhD programs who hold a major external award.

Eligibility & Entry Requirement

Requirement Type

Details

School Name

Lazaridis School of Business and Economics

Academic Qualification

  • 4-year honours degree in economics, business, or finance with a B+ (77-79 percent) average in the last two years.

GMAT Score:

  • Full-time with co-op program: Minimum 595 (Focus Based) & Minimum: 650 (Formerly Based).
  • Full-time regular program: Minimum 575 & Minimum: 620 (Formerly Based).
  • GMAT requirement can be waived if CFA Level-1 exam is passed.

English Proficiency Test

  • IELTS (Academic / IELTS Online): Minimum Score: 7
  • TOEFL iBT / TOEFL iBT Home Edition: Minimum Score: 100 Minimum of 21 in each skill (speaking, writing, reading, listening).
  • Paper-based TOEFL: 560.
  • PTE: 59.
  • Canadian Academic English Language (CAEL): 70.
  • English for Academic Success (EFAS): Level 400 with a minimum final score of 75% N/A

Required Documents

  • OUAC Application Summary.
  • Transcripts: All undergraduate and graduate work, dated within the past six months.
  • Statement of Intent.
  • GMAT Score or CFA Proof.
  • Proof of English Proficiency Test.
  • Resume.
  • Authorization of Information Release (AIR): Required for international applicants using an education agent.
  • Reference Forms: Submitted electronically by referees (no need to upload).
  • Work Experience Documents (If Have Relevant to Course).
  • Copy of your passport.

Application Form

Application Link

Application Fee

$ 225

Tuition deposit

  • A $4000 CAD tuition deposit is required within two weeks of accepting a graduate offer at Laurier.
  • It will be applied to tuition and fees after course registration.

Co-Op Students

Co-Op Student Pay Co-Operative Education Fee 2589.93(Per Year)/ 863.31(Per Term)

Course Credits

5


Scores Required

100 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

59 / 90

Avg. Score in

PTE

595 / 800

Avg. Score in

GMAT

225

Application Fees

5

ECTS Credits

TOP Scholarships

Scholarship nameAward amountEligibility
Dean's Graduate ScholarshipTop-up package over $10,000For students in research-intensive master's and PhD programs with a major external award.
Graduate Incentive Scholarship$1,000For students in professional graduate programs who receive major external scholarships.
Laurier Graduate ScholarshipsMinimum $1,000.For full-time entering or continuing graduate students with high academic standing.


College Student Profiles

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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Ontario Graduate ScholarshipScholarship per student$ 7,200/Yr$10,000Level Of StudyDoctorateTypeCollege-Specific
FINCAD Women in Finance ScholarshipScholarship per student$ 14,400/Yr$20,000Level Of StudyMasterTypeMerit-Based
Go Clean ScholarshipScholarship per student$ 2,520/Yr$3,500Level Of StudyBachelorTypeMerit-Based
University of Western Ontario ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Ontario Graduate FellowshipScholarship per student$ 6,390/Yr$8,875Level Of StudyDoctorateTypeMerit-Based

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Round 4 Application Deadline For Fall 2025 Intake (29th May 2025)
USD 21,236 /Yr
CAD 29,495 /Yr
  • TOEFL: 90
  • IELTS: 6.5
  • PTE: 65
  • Duolingo: 125
Round 4 Application Deadline For Fall 2025 Intake (11th Jun 2025)
USD 66,776 /Yr
CAD 92,745 /Yr
  • TOEFL: 100
  • IELTS: 7
  • Duolingo: 130
--
USD 55,368 /Yr
CAD 76,900 /Yr
  • TOEFL: 100
  • IELTS: 7.0
  • GMAT: 680
First Consideration Application Deadline for Fall 2026 Intake (20th Jan 2026)
Final Consideration Application Deadline for Fall 2026 Intake (14th Mar 2026)
Tuition Fee Deposit Deadline For Fall 2026 Intake (14th Jun 2026)
USD 20,192 /Yr
CAD 28,044 /Yr
  • IELTS: 7.0
  • TOEFL: 93
  • PTE: 63
--
USD 11,175 /Yr
CAD 15,521 /Yr
  • TOEFL: 86
  • IELTS: 6.5
  • PTE: 61
  • Duolingo: 120

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