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Master of Financial Management

University of Alberta

Edmonton, Alberta, CanadaWorld Rank #110

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Master of Financial Management at University of Alberta in Edmonton, Canada is a master's degree in Finance, Banking & Insurance programme. The programme runs for 2 years, delivered on campus. Tuition for international students is CAD 826 per credit (CAD 285 per credit for local students).

At a glance

Degree: Master's Degree
Field: Finance, Banking & Insurance
Duration: 2 years
Delivery: On Campus
Local tuition: CAD 285 / credit
International tuition: CAD 826 / credit

Information for the 2027/28 academic year · Last reviewed September 2026 ·

Program details

Overview

The Master of Financial Management is a course-based graduate degree offered by the Alberta School of Business, delivered on campus, and is one of the graduate degrees the school offers alongside the Master of Business Administration, Master of Accounting, and Doctor of Philosophy. The program's stated requirements are a minimum of 39 units of coursework, including a 6-unit capstone course, with 33 of those units made up of core coursework in financial management topics. As a course-based rather than thesis-based degree, it is structured around structured coursework and a capstone rather than an independent research thesis. The program suits graduates and working professionals who want focused, applied training in financial management delivered through a set curriculum rather than an open-ended research program. It sits within the Alberta School of Business's broader graduate offerings, which include specializations in areas such as finance, international business, and sustainability at the MBA level, though those specializations are not stated to apply to this particular degree.

Requirements

Minimum GPA: 3.00 / 4.0
Admission Requirements: The programme page does not publish admission-specific criteria for the Master of Financial Management, and admission instead follows the Faculty of Graduate & Postdoctoral Studies' general requirements. Under those general standards, applicants need a four-year bachelor's degree, or its academic equivalent, and a minimum admission GPA of 3.0 on the University of Alberta's 4-point scale (or a B on most letter-grading systems), calculated over the most recent two years of full-time study. Every applicant, regardless of citizenship, must demonstrate English Language Proficiency: IELTS Academic 6.5 overall with no band below 6.0, TOEFL iBT 90 overall with no section below 21, Duolingo English Test 120 overall with no subscore below 100, CAEL 70 overall with no band below 60, or PTE Academic 61 overall with no skill below 60, unless exempted by prior education in English. No additional or higher requirement specific to the MFM is published on the programme page.

Application Details

Application Deadline: Domestic applicants apply directly to the University of Alberta, not through a provincial service: for Fall 2027 entry the application window opens 1 October 2026 and the deadline for most programmes is 1 March 2027, though several limited-enrolment programmes close earlier (Juris Doctor, 1 December 2026; Dental Hygiene, 1 November 2026) or later (Bachelor of Design and BFA programmes, 1 May 2027); Spring and Summer 2027 admission also opens 1 October 2026, while Winter intake is limited to a few programmes. International applicants use the identical published dates and online application; the university states no separate international closing date. The 1 March deadline is firm and late applications are not accepted, but admission decisions are then issued on a rolling basis, and offers made before 1 April must be accepted by 1 May 2027. These are institution-wide dates; this programme publishes no deadline of its own.

About University of Alberta

“Quaecumque vera”

Type: University
Control: Public
Campus setting: Urban
Founded: 1908
Students: 46,201
World rank: #110
Programs: 652
Location: Edmonton, Alberta, Canada
University of Alberta academic facilities
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Frequently asked questions

What degree does Master of Financial Management award?

University of Alberta awards a Master's Degree in the field of Finance, Banking & Insurance on completion of this programme.

How long does Master of Financial Management take?

The programme runs for 2 years.

How much does Master of Financial Management cost?

Tuition for international students is CAD 826 per credit (CAD 285 per credit for local students).

Can Master of Financial Management be studied online?

No — the programme is taught on campus at University of Alberta.

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