Master of Financial Insurance - St. George in Toronto Canada | University of Toronto

University of Toronto | Toronto Canada
Visit institution website for more information
Qualification
Masters Degree
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
CAD 59,090
(c. USD42,365.11)
Attendance
Full-time
Full-time Duration
12 months

The MFI program is a highly advanced mathematical curriculum, ideal for graduates in quantitative disciplines like actuarial science, statistics, economics, mathematics, or engineering who aspire to build careers in finance, insurance, fintech, or consulting. Competitive applicants should possess prior undergraduate coursework in multivariable calculus, linear algebra, probability, statistics, and computational methods. Those with business undergraduate degrees typically lack the necessary quantitative foundation to thrive in this program.


Destination of Study

Subjects of Study

Language Requirements

English
IELTS 7.0

Qualification Requirements

Completed or be the process of completing an appropriate undergraduate bachelor's degree, from a recognized university in a related field such as Statistics, Actuarial Science, Economics, Mathematics, or any discipline with a significant quantitative component.
A standing equivalent to at least B+ (U of T = 77-79% or 3.3/4.0 GPA) in their final year of study (the equivalent of 5 senior level full credits, or 10 half credits).
Upload unofficial transcripts electronically to the SGS online application. Include a legend to your university's grading scheme with the unofficial transcript.
Upload a current copy of your resum or CV to the online application (ONE page).
We do not require GRE or GMAT.

IELTS - Minimum required score 7.0 (Academic) with at least 6.5 for each component.
TOEFL IBT - Overall Score - 93, Writing and Speaking- 22, TOEFL Paper-based Test - Overall Score 580. TWE 5

Tuition CAD 59,090

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