MFE UToronto

Master of Financial Economics Program at the University of Toronto

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MFE Program Overview: 2023-2024

The MFE is a world-class limited-enrollment professional program offered by the University of Toronto’s Department of Economics in collaboration with the Rotman School of Management. MFE is a full-time only program of approximately 18 months in duration, starting early July. There is one admission only, in July of each year. We do not admit students in January or September. All program requirements must be completed within three years of the initial enrolment in the program.

First Semester (Summer: July – August)
Professional development + one core course

Second Semester (Fall: September – December)
Five core courses

Third Semester (Winter: January – April)
Path 1 (Recommended): four electives

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

Fifth Semester (Fall: September – December)
Path 1 (Recommended): two core courses + one elective

Path 2 (Alternative): two core courses + three electives

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.

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.