The Know-how Of Studying Finance In Canada: A Guide For International Students

Yes! You’ve found the blog that you’d searched for. Now you may sit back, relax, and read! There is a 99.99% of chance that you love to play with numbers and are a big fan of the movie Wolf of Wall Street. Then studying Finance could make the best of your career. 

Read this blog post to learn how you can pursue higher studies in Finance major in Canada and see yourself becoming a Financial Analyst or a Finance Manager. Delve in to understand the know-how about your finance education journey!

Why should you study Finance?

The development of the country and the world lies in the hands of financial experts. Financial laws and budgets play a major role in the economic growth of a country. Many economic revolutions around the world such as in Russia, Europe, and India have been driven by many financial reforms. Take your life, without proper financial planning there lacks an understanding of money flow and looking after your expenses. Studying finance is not just about earning a degree, it’s an investment for your career and your life!

Perks of studying finance in Canada

At the top of everything, Canada is the utopia of international students. Here’s the reason why:

  • Home to several top universities in the world 
  • Excellent academic infrastructure
  • Research-based education 
  • Canada boasts multiculturalism and welcomes Int’l students
  • Work while studying options
  • Work permit after graduation (PGWP)
  • An effective road to obtain Canadian PR
  • Career opportunities for Int’l students on the rise

Undergraduate Finance courses in Canada 

If you have just completed your 12th grade i.e., secondary education, studying bachelor or diploma programs in Finance is a perfect choice. You can choose from a range of bachelor and diploma programs in finance and related majors. Here are a few courses to have an eye on in Canadian universities:

CoursesCollege/ University 
Graduate Certificate in Financial Planning Humber College
Diploma in Business- FinanceGeorge Brown College
Dip. Professional Practice in FinanceMcGill University 
Financial Services Graduate Certificate Algonquin College
Hon. Bachelor of Commerce (Financial Services)George Brown College
Bachelor of Business Administration-FinanceUniversity of New Brunswick
Bachelor of Commerce in Accounting and FinanceRyerson University
Bachelor of Business Administration-Finance (Hon)York University 
Bachelor of Commerce in Finance (Co-op)Dalhousie University

Postgraduate Finance courses in Canada 

If you would like to master your skills and upgrade yourself for a big break in the finance sector, you shall opt for a Postgraduate specialization in finance. You must have completed a 3-year bachelor’s degree in finance. Notably, you must have good knowledge of the following subjects:

  • Mathematics
  • Advanced Functions 
  • Calculus
  • English
CoursesCollege/ University 
Master’s in Accounting and Finance University of Toronto 
Master’s in finance
M. Sc in FinanceConcordia University
Master of Management in FinanceMcGill University 
MBA in Finance
Master of FinanceYork University 
M.A in Economics and FinanceUniversity of Alberta
M. Sc in Applied Financial EconomicsUniversity De Montreal 

Career opportunities after studying finance 

Graduating from a finance major can land you in various jobs in banks, financial institutions, MNCs, government institutions, and many more. Here are the top jobs you can get into after higher studies in Finance and the average salary in Canada.

Job Role Average Annual Salary (CAD)
Chartered Accountant 104,000
Operations Manager 46,000 – 106,000
Financial Controller57,000 – 113,000
Chief Financial Officer128,468
Project Manager 51,000 – 108,000
Risk Management Director 209,000 
Financial Manager 60,000 – 100,000
Financial Manager60,000 – 100,000

Becoming a CPA in Canada after Finance major

The big question is ‘Can I become a CPA in Canada after a finance major?’ Well, the answer is YES! If you have completed the finance degree concentrating more on accounting, then are high possibilities to become a Chartered Professional Accountant (CPA) in Canada. With relevant educational experience, you may take up the CPA exam, which is conducted by the CPA Canada, followed by Common Final Exam (CFE) to prove your in-depth knowledge in accounting. However, if you have completed a bachelor’s degree in finance, get the assistance of education experts to choose the perfect PG course to become a Chartered Professional Accountant in Canada.

That’s a Wrap!

In this blog, you read about how studying finance in Canada can make a better career and satisfy your burning desire to become a financial professional. You got insights on undergraduate and postgraduate courses in finance and the colleges offering such programs. And we answered one big question of becoming a CPA after a finance major in Canada.