MA/MS in Quantitative Finance at University of Waterloo in Waterloo, Canada is a master's degree in Finance, Banking & Insurance programme. The programme runs for 16 months, delivered on campus.
At a glance
Degree:Master's Degree
Field:Finance, Banking & Insurance
Duration: 16 months
Delivery: On Campus
We have no tuition fees or an application deadline on record for this programme yet — see the official programme page.
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Last checked September 2026 · Source: uwaterloo.ca ·
Program details
Overview
The Master of Quantitative Finance is a professional degree combining mathematics, statistics, econometrics, machine learning, computer science, and finance to develop analytical and problem-solving skills for the financial sector. Coursework covers areas such as artificial intelligence, data science, machine learning, statistical modelling, and probability as applied to financial problems. Admission is currently only into the master's research paper track, which includes the option to complete an internship for practical, real-world experience; students may transfer to a thesis option after one term with supervisor and departmental approval. The programme is delivered full-time on-campus over 16 months, with a single Fall (September) intake. It has a track record of internship placements with major financial firms, and graduates pursue roles such as financial engineers, risk analysts, portfolio managers, and asset managers.
Requirements
Minimum GPA:80.00 / %
Admission Requirements: Applicants need a four-year honours bachelor's degree (or equivalent) with a strong background in quantitative methods, such as mathematics, statistics, actuarial science, computer science, economics, engineering, or physics with a strong mathematics component, and an overall average of at least 80% from a Canadian university or equivalent. English language proficiency minimums are IELTS Academic 7.0 overall (6.5 in each component) or TOEFL iBT 90 overall (25 in writing and speaking).
