Master of Science in Finance (M.Sc.)

University of Saskatchewan, Edwards School of Business

Program Description

Master of Science in Finance (M.Sc.)

University of Saskatchewan, Edwards School of Business

Extraordinary Thesis Based Education

The Master of Science in Finance (MSc) program provides students with a theoretical background in contemporary financial issues and incorporates a strong foundation in empirical methods. Throughout this program, you will have the opportunity to question and understand current financial literature and practices, engage with devoted and knowledgeable faculty and staff, and participate in various special guest lecturers and presentations. The skills taught in this program will provide you with the tools to excel whether in academia or in industry. This program will require hard work, dedication to your studies, and a passion for finance.

Program Structure

The Master of Science in Finance Program (M.Sc.) offered by the Department of Finance and Management Science, Edwards School of Business, University of Saskatchewan provides students with a theoretical background in contemporary finance issues and a strong foundation in empirical methods. The program can be used as a platform for students who wish to pursue a Ph.D. and it equips students with a competitive advantage in jobs that have a significant research component.

The two-year program features seminars and lectures in a small class size setting. A thesis is required in the second year. Due to the research intensive nature of the program and individual student supervision at the thesis stage, enrolment is limited. Only a handful of universities across North America offer programs that have a similar focus on financial research at the Master’s level.

The Finance faculty are interested in a number of different areas of research including venture capital, banking, corporate and international corporate finance, emerging markets, financial econometrics, asset pricing, personal finance, fixed income securities, credit risk, risk management, derivatives and investments. Students may choose their own research topic and are not restricted to the above fields.

Admission Requirements

The Edwards MSc in Finance assesses applicants on a composite basis for admission purposes. We look at a variety of factors when making admission decisions including undergraduate degree, grade point average, research interest, GMAT score, and reference letters. An interview may be required.

Your Completed Admission Package Includes:

  • Completed Online Application Form and $90 Application Fee.
  • Official GMAT Score or GRE Score.
  • English Proficiency Scores (if required).
  • A Transcript of your Academic Record.
  • Three Letters of Reference.
  • Current Resume.
  • Letter of Intent.

All documents must be uploaded to your online application.

4 Year Undergraduate Degree in Business or a related field

Applicants must have a four-year undergraduate degree in business or a related field with a major or substantial number of courses in finance from a recognized university. Applicants must have a cumulative weighted average of at least 75% in the last two years of study (i.e. 60 credit units). Unofficial transcripts from all post-secondary institutions that you have attended must be uploaded to your application. Transcripts from the University of Saskatchewan do not need to be uploaded but are required from all other institutions you have attended. For countries where degree certificates are issued, they must also be uploaded. If accepted, an official transcript of your academic record is to be sent directly from each institution attended.

Please note that applicants are required to have taken at least 6 credit units of Statistics.

GMAT (Graduate Management Admissions Test) or GRE (Graduate Record Examination)

All applicants wishing to enter the program are required to write a GMAT or GRE exam.

  • GMAT - The minimum accepted GMAT score is 600. This test can be written at major centres throughout the world. For information on test centre locations, the nature of the exam, and scoring procedures, please visit the GMAT website. GMAT scores are valid for five years from the date the test is taken.
  • GRE - The minimum accepted GRE score is 1000/300. This is a composite of quantitative and verbal scores.

Letters of Reference

The Edwards MSc in Finance requires you to submit 3 confidential letters of recommendation, from professors or others or others that you have studied under.

  1. Contact your referees and ask them to provide a reference for you for the Edwards MSc in Finance program, and obtain an up to date email address.
  2. You will then fill out your referee’s complete information on the online application form, and enter their current email address.
  3. Once your application is completed, your referee’s will be sent a link where they can fill out an online form for your reference letter.

Letter of Intent

Your letter of intent is a chance to tell the Edwards MSc in Finance Selection Committee what unique and valuable contributions you can make to the program.

Provide a brief description of your business and educational background, and your goals for the future. How will an MSc in Finance help you achieve your goals? Describe briefly what your research interests are.

Discuss why you have decided to apply to the Edwards MSc in Finance program, and why it is a good fit for you. What specific parts of the Edwards MSc program are you looking forward too?

Make sure your letter of intent is unique and specific to the Edwards MSc in Finance program. We don't want to read generic letters that sound like they could have been sent to any school; We want to know why you have chosen the Edwards MSc in Finance, and why we should choose you!


Outline your previous education and work experience (if applicable) so the selection committee can have a good understanding of your background.

Proof of English Proficiency

Applicants whose first language is not English must provide proof of proficiency in English Please request that the testing centres send your scores directly to our institution. Our institution code is 0980.

  • TOEFL (Test of English as a Foreign Language) evaluates the potential success of an individual to use and understand Standard English at a college level. TOEFL scores are valid for two years from the date the test is taken. Minimum Score of 86 on the Internet-based test with a minimum score of 19 in each testing area.
  • IELTS (International English Language Testing System) measures ability to communicate in English across all four language skills - listening, reading, writing and speaking. We only accept academic IELTS test scores, not general. A minimum score of 6.5 overall is required, with no scores below 6.0 in each area.

All scores must be from one exam date, not to be combined with other exam dates. Tests are valid for 24 months after the testing date and must be valid at the beginning of the student's first term of registration in the graduate program.

This school offers programs in:
  • English

Last updated November 14, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
2 years
Full time
10,542 CAD
Canadian Student Tuition Per Term $1757 CAD, International Student Tuition Per Term $2635.50 CAD
Canada - Saskatoon, Saskatchewan
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Sept. 2019
Canada - Saskatoon, Saskatchewan
Application deadline Request Info
End date Request Info