
Notes:
- Each MA and MBA course is equivalent to 0.5 FCE
- The MFE Internship is equivalent to 1.0 FCE
- MFE students must take five electives of which at least three electives must be ECO courses and at most two electives can be RSM courses.
First Semester (Summer: July – August)
Professional development + one core course
- “Professional Development” (required training)
- (Core Course) ECO1200 Microeconomics (0.5 FEC)
Second Semester (Fall: September – December)
Five core courses
- (Core Course) ECO1010 Math-Stats Review (0.5 FEC; begins three weeks prior to the start of the Fall academic session)
- (Core Course) ECO1500 Financial Microeconomics (0.5 FEC)
- (Core Course) ECO1400 Econometrics (0.5 FEC)
- (Core Course) RSM2300 Corporate Financing II (0.5 FEC)
- (Core Course) RSM2306 Options and Futures (0.5 FEC)
Third Semester (Winter: January – April)
Path 1 (Recommended): four electives
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
Path 2 (Alternative): winter internship
- (Core Course) FEC1000Y MFE Internship (1.0 FEC)
Fourth Semester (Summer: May – August)
Path 1 (Recommended): summer internship
- (Core Course) FEC1000Y MFE Internship (1.0 FEC)
Path 2 (Alternative): two electives
- Elective: a MA/PhD Economics course (0.5 FEC)
- Elective: a MA/PhD Economics course (0.5 FEC)
Fifth Semester (Fall: September – December)
Path 1 (Recommended): two core courses + one elective
- (Core Course) ECO1100 Macroeconomics (0.5 FEC)
- (Core Course) RSM2302 Security and Portfolio Analysis (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
Path 2 (Alternative): two core courses + three electives
- (Core Course) ECO1100 Macroeconomics (0.5 FEC)
- (Core Course) RSM2302 Security and Portfolio Analysis (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
- Elective: a MA/PhD Economics course or a Rotman MBA course (0.5 FEC)
Degree Completion & Conferral
To complete the program, a student must pass (receive at least a B–) in each course taken. If all the program requirements are completed by December, the students can choose to graduate in absentia (March) or at the convocation (June).
OSAP Terms
Year 1: Summer/Fall/Winter (July 4, 2023 – April 30, 2024)
Year 2: Summer/Fall (May 1, 2024 – December 19, 2024)
Students are recommended to apply by the end of March in the year they will start the program (e.g. March 2023 for a July 2023 start). If you have more questions regarding OSAP, please feel free to email osap.staff@utoronto.ca or call (416) 978-2190 for support.