Economics
Postgraduate · 1 year · 1280 Main Street West, Hamilton
$22,000
Annual Fee (CAD)
₹13.6L/yr
Fee in INR
6.5+
IELTS Minimum
1 year
Duration
Course Overview
Qualification
Masters
Duration
1 year full-time
Campus
1280 Main Street West, Hamilton
Intakes
September
Annual Tuition (CAD)
$22,000
Annual Tuition (USD)
$16,280
Living Cost (CAD)
$12,000/yr
Total Course Fee
$22,000 CAD
English Language Requirements
6.5+
IELTS Academic
No band below 5.5
92+
TOEFL iBT
Writing 20+
65+
PTE Academic
No band below 50
Total Cost of Study (Indian Students)
Canada Study Permit & Work Rights
Visa Type
Canada Study Permit
Work Rights (Term)
24 hrs/week (on-campus unlimited)
Work Rights (Vacation)
Full-time
Post-Study Work
PGWP — up to 3 years
✅ PGWP Eligible Institution
Graduates can apply for a Post-Graduation Work Permit valid for up to 3 years, which can lead to Canadian Permanent Residency.
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About Economics
The Economics at McMaster University is a Masters programme offered at the 1280 Main Street West, Hamilton in Hamilton, Canada. Running for 1 year on a full-time basis, this postgraduate qualification is designed for students who want to develop advanced expertise and build a strong professional foundation in a globally relevant field.
The programme provides a rigorous grounding in financial theory and quantitative methods, covering asset pricing, portfolio management, corporate finance, derivatives, risk modelling, and financial regulation. Students develop proficiency with financial data platforms and modelling tools including Bloomberg, Python, and Excel VBA. A curriculum informed by current market practice ensures graduates understand how financial theories translate into real-world decisions in investment management, banking, and corporate treasury roles. Annual tuition fees are approximately ₹13.6 lakh, and Jaivik Overseas Consultants can assist Indian students with admissions, documentation, and scholarship identification throughout the application process.
Career Outcomes After Economics
Graduates of the Economics from McMaster University are well positioned for careers across the investment banking and asset management sectors in Canada and internationally. The average graduate salary for this field in Canada is approximately USD 110,000 (₹91.8 lakh) per year, with experienced professionals typically earning significantly above this level. Demand for qualified finance graduates in Canada is strong, particularly in financial centres, with growing opportunities in sustainable finance and financial technology. McMaster University maintains active relationships with employers across the sector, providing students with access to networking events, on-campus recruitment presentations, and career mentorship throughout the programme.
$73K–$106K
Typical Graduate Salary (USD/yr)
Canada
Primary Job Market
Why Study Economics in Canada?
Studying in Canada offers Indian students an excellent combination of academic quality, post-study work rights, and immigration prospects. The PGWP allows graduates of designated learning institutions to work full-time for a period matching their study duration (up to three years), and this work experience directly feeds into Canadian Permanent Residency applications. Canadian cities such as Toronto, Vancouver, Calgary, and Montreal consistently rank among the world's most liveable, with strong employment markets and vibrant Indian communities that ease the transition for new arrivals.
Entry Requirements Summary
Minimum eligibility for Indian students applying to Economics at McMaster University. Requirements vary by department — contact Jaivik Overseas for personalised eligibility assessment.
- 1IELTS Academic: Minimum 6.5 overall (no individual band below 5.5 for most programmes)
- 2TOEFL iBT: Minimum 92 (with section minimums varying by department)
- 3PTE Academic: Minimum 65 (no communicative skill below 42)
- 4Bachelor's degree (minimum 55–60% or equivalent GPA) in a relevant subject area
- 5Intake: September — early application recommended to secure scholarship consideration
- 6Application deadline: Typically 3–6 months before the September intake; early applications are strongly advised
- 7Academic transcripts: Attested/notarised copies of all marksheets and degree certificates
- 8Statement of Purpose (SOP): 500–1,000 words outlining your academic background, career goals, and motivation for this programme
- 9Letters of Recommendation (LORs): Typically 2–3 academic or professional referees
- 10Valid passport with at least 18 months of validity
- 11English language test scores: IELTS/TOEFL/PTE Academic (not more than 2 years old at time of application)
Not sure if you qualify?
Jaivik Overseas Consultants offers a free eligibility check — we review your academic profile and English scores against current entry requirements and advise on your application strategy at no cost.
Application Details
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