Application deadline is December 31st to begin studies in September.
ProgramExpected LengthProject and/or thesisCourse based
M.Sc.2 years

The Master of Science in Finance (MSc in Finance) program is a two year, research based thesis program offered by the Edwards School of Business. This program was designed to give students the tools and experiences required for a strong career in either academia or industry.

The MSc in Finance provides students with a theoretical background in contemporary financial issues and incorporates a strong foundation in empirical methods. Throughout the program, students have the opportunity to question and understand current financial literature and practices, engage with devoted and knowledgeable faculty and staff, and participate in various special guest lecturers and presentations.

Due to the research intensive nature of the program and individual faculty supervision at the thesis stage, applicants are carefully adjudicated and enrolment is limited. Only a handful of universities across North American offer programs that have a similar research focus at the Master’s level. The degree can be used as a platform for students who wish to pursue a Ph.D. and it equips students with a competitive advantage in jobs that have a significant research component.

Research supervisors

It is not necessary to find a potential supervisor or contact faculty before you have applied to this program.

Name Research areas
James CaoApplied economics, interface of marketing & operations management, interface of finance & operations management, ecommerce, supply chain management
Mehran Hojati
Abdullah MamunMonetary policy and banking, bank risk management, financial economics, M&A
Min MaungDividend signaling, asymmetric information, corporate governance, market timing, credit ratings
Dev MishraCorporate Finance, International corporate finance, Corporate Governance, Corporate Social Responsibility, Cost of Capital, CEO and Board Attributes
Marie RacineAsset pricing, risk measurement, ownership structure, corporate social responsibility, financial literacy, behavioral finance
Hamed SamarghandiHealthcare optimization, supply chain management, scheduling optimization
George TannousDerivatives trading, option writing risks & rewards, derivative securities & bank risk management, corporate ownership structure & capital investment
Shan Wang
Keith WilloughbyData analytics, Operations research modeling in transportation and health care, Lean process improvement
Craig WilsonCorporate finance, corporate governance
Fan YangCorporate finance, financial markets

Tuition and funding


Although there is currently no guarantee of funding in the M.Sc. of Finance program, there are a number of excellent competitive funding sources that qualified candidates may apply for and that our current and previous students have obtained. These include the University Graduate Scholarship (up to $15,000) for candidates with superior undergraduate records and the Graduate Teaching Fellowship (up to $15,000). There may also be opportunities for students to receive remuneration for teaching courses over the summer and for providing teaching and research assistance to faculty.

In addition to potential funding from your department, there are scholarships and awards available to all eligible students. There are also special programs for international students from China and Mexico.


Program Canadian International
Master of Science - Finance  per term $2,500.00$3,950.00

There are three terms per academic year: September to December, January to April, and May to August. Tuition is assessed each term for as long as the student is enrolled in their program

Student fees

In addition to tuition above, students also pay fees for programs like health and dental insurance, a bus pass, and other campus services. The amount you need to pay depends on if you are taking classes full time or part time, and if you are on campus or not. The table below assumes you are on campus full-time.

Fall 2019 Winter 2020 Spring 2020 Summer 2020
Student fees $741.84 $282.81 $22.50 $22.50

Tuition information is accurate for the current academic year and does not include student fees. For detailed tuition and fees information, visit the official tuition website.

Admission requirements

Master of Science

  • Language Proficiency Requirements: Proof of English proficiency may be required for international applicants and for applicants whose first language is not English.
  • at least 6 U of S equivalent credit units (1 year) of Statistics and 3 U of S equivalent credit units (1/2 year) of Calculus
  • minimum cumulative weighted average of 75% (U of S grade system equivalent) in the last two years of full-time study (e.g. 60 credit units)
  • minimum score of 500 on the GMAT or a GRE average (verbal, quantitative, analytical) score of 50th percentile
  • undergraduate degree from a recognized college or university in Business, Commerce, or a related field, with a major or substantial number of classes in Finance

Application process

Submit an online application

Once you begin an application, choose the following application forms in the system:

  • Graduate (B) Fall term start - September

During the application, you'll be asked for:

  • Personal information such as your name, address, etc.
  • The names and email addresses of your three referees
    • Two of your referees must be persons under whom you've studied. The third may be either a person whom you have worked professionally under, or under whom you've studied
  • Your educational history from all post-secondary institutions you've attended

The application takes about 20 minutes to complete. You may save your application and return to it later as long as you remember the Login ID and PIN you've created.

At the end of the application, you will need to pay a non-refundable $90 application fee. It is recommended that you pay online with a credit card. If you do not pay online when completing your application, you will need to use an alternate form of payment. Your application will not be processed until payment is received.

If you are a past or current student you may begin an application in the admissions channel of PAWS.

Submitting required documents

Once you've completed an online application you will need to have the following documents submitted:

Preliminary Statement of Marks

  • Once you have submitted your application for admission and paid the application fee, you will be required to upload unofficial PDF copies of your academic transcript(s) from each post-secondary institution attended. This requirement will appear as Preliminary Statement of Marks or Additional Prelim. Statement under admission requirements on your Application Summary when you check your application status.
  • The uploaded transcript can be an unofficial copy of the transcript issued by the university or college, and must include a grading key/legend.
  • All pages of a transcript must be uploaded as a single PDF document.
  • Uploaded transcripts will be considered unofficial or preliminary. Official copies of your transcripts will only be required once you have been offered admission. This requirement will appear as Post-secondary Transcript under admission requirements on your Application Summary when you check your application status.

Uploading documents

Post-secondary Transcripts

If you receive an offer of admission, you will then be required to have your official post-secondary transcripts sent (by mail in a sealed envelope directly from the institution) to the address below. Please do not send official documents until we request them.

College of Graduate and Postdoctoral Studies
Room 116 Thorvaldson Building, 110 Science Place 
Saskatoon, SK CANADA S7N 5C9

  • Transcripts usually indicate the institution’s name, grading scheme (typically on back of transcript), your name, course names, numbers, credits, and the grades you have received. Depending on the country or institution, some features may not be available.
  • Transcripts in languages other than English must be accompanied by a certified translation.
  • If you are a current University of Saskatchewan student completing your undergraduate program then a letter of completion of degree requirements will be required from your college.
  • Your CV/Resume should be a one or two page concise summary of your skills, experience and education.
  • A CV/Resume is essentially your full academic and professional profile. It should include a summary of your educational and academic backgrounds as well as teaching and research experience, publications, presentations, awards, honours, affiliations and other details.
  • Applicants will be required to upload a PDF copy of their CV/Resume.
  • It is your responsibility to have completed any relevant test with the appropriate score before the application deadline.
  • Uploaded test scores will be considered unofficial or preliminary.
  • Applicants will be required to upload a PDF copy of any required test score.

If you receive an Offer of Admission you may be required to have your official GMAT/GRE test scores mailed directly to the academic unit for the program for which you applied. 

  • Your Statement of Intent allows you to explain your personal interest in the program to which you are applying.
  • It should reference the kind of knowledge you expect to gain from the program and should define the reasons why you chose the program and how it can satisfy your own interests.


M.Sc. in Finance
Edwards School of Business
25 Campus Drive
University of Saskatchewan
Saskatoon, SK S7N 5A7

Graduate Director
Dr. Abdullah Mamun

General Contact: