Master of Finance (MFin)

The Asper Master of Finance at the University of Manitoba is a CFA Institute University Affiliation Program in Winnipeg. UM states the programme can be taken over 1 to 4 years, with an accelerated option completing in one year across three terms. There is a single annual entry in Fall (August), with applications reviewed on a rolling basis. The programme is charged at UM's highest master's rate outside the health professions. What the fee covers: the international full-time rate. UM's 2026-2027 Master of Finance schedule states an international programme fee of CAD 19,630.44 per term, and the figure shown is two terms. How many terms the programme fee is actually assessed over for this degree is not confirmed — read the next paragraph before you budget. Fee year: 2026-27. English requirement as published: IELTS 6.5, or TOEFL iBT 86, or PTE 61%, or an equivalent. Before you budget: UM's own Asper MFin page and the registrar's schedule do not agree. The programme page estimates international tuition at CAD 43,300 in total (domestic CAD 33,800), while the registrar's per-term figure of CAD 19,630.44 over two terms gives CAD 39,260.88. The roughly CAD 4,000 gap is most likely compulsory ancillary fees plus the CAD 397.08-per-term endowment fee, but the number of fee-charging terms for the MFin specifically could not be confirmed, and the accelerated route runs three terms, which could change the figure substantially. Budget the university's own CAD 43,300 rather than the derived CAD 39,261. At CAD 43,300 in tuition alone, this sits outside a INR 25 lakh total budget. Entry: a bachelor's in any discipline, a minimum 3.0 GPA on the last 60 credit hours, and a GMAT of at least 550 with 60th-percentile quantitative (or the GRE equivalent), waived for UM graduates with a GPA of 3.25 or higher.