Tuition & Incidental Fees: 2019/2020
Fees for the Master of Financial Economics are for a period of 16 months, or 4 terms. Year 1 tuition fees cover a 12-month study term including summer, for the period starting mid-August through to late August the following year. Year 2 fees cover the final fall term.
A $2,500 non-refundable deposit is required upon acceptance of the offer of admission to the Master of Financial Economics (MFE) Program. This deposit is applied to your first term program fee.
| DOMESTIC Tuition Fees (2019-20) | ||||
|---|---|---|---|---|
| 2019-2020 Sessions | Program Fees | Mandatory Incidental, System Access & Ancillary Fees | Optional Incidental, System Access & Ancillary Fees | Total |
| Year 1: fall 2019, winter 2020, summer 2020 | $30,510.00 | $1,548.60 | $92.30 | $32,150.90 |
| Year 2: fall 2020 | $15,255.00 | $801.80 | $46.15 | $16,102.95 |
| INTERNATIONAL Tuition Fees (2019-20) | |||||
|---|---|---|---|---|---|
| 2019-2020 Sessions | Program Fees | Mandatory Incidental, System Access & Ancillary Fees | Optional Incidental, System Access & Ancillary Fees | Univ. Health Insurance Plan (UHIP) Fees | Total |
| Year 1: fall 2019, winter 2020, summer 2020 | $49,880.00 | $1,555.22 | $85.68 | $636.00 | $52,156.90 |
| Year 2: fall 2020 | $24,940.00 | $805.11 | $42.84 | $636.00 | $26,423.95 |
Ancillary & Incidental Fees
Ancillary fees are program recovery charges for goods & services required for students’ professional development. Incidental fees are university charges for student access to clubs, associations, athletic centres, and space. In Year 2, these fees are pro-rated to one academic session.
Full-time students are not charged summer fees.
University Health Insurance Plan
The University Health Insurance Plan (UHIP) is compulsory for international students,
recent permanent residents, and returning Canadian citizens in their 3 month
OHIP wait period.
Internship
The mandatory internship takes place during the summer months May through August, although students may assume additional internships during other academic terms. Students typically earn between $15,000 – $35,000 for the 4 month internship period.
Living Costs
For an estimate of standard living costs, see here. The U of T Financial Planning calculator is a useful budgeting tool for students.