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Top 10 Canadian Universities for Accounting and Finance

Posted 27 February 2023 Accounting and Finance

Studying accounting and finance in Canada means learning how to create and analyze financial statements and financial data to evaluate the economic health of companies and make investment decisions, learning how to manage investment portfolios, including stocks, bonds, and other assets, as well as learning about financial decision-making in corporations, including capital budgeting, capital structure, and dividend policy.

Many accounting and finance degrees in Canada offer opportunities for internships or practical experience in the field. Graduates of accounting programs may go on to work as accountants, auditors, financial analysts, or tax professionals in various industries. Canada is among the best English-speaking countries worldwide for studying accounting and finance courses, and studying here increases your chances of grabbing the best opportunities within the sector. 

Learn more below if you want to study accounting and finance at the best Canadian universities (QS World University Rankings by Subject 2023: Accounting & Finance). Begin your application or have any further questions answered about accounting and finance courses in Canada by booking a free consultation today.

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Top 10 Canadian Universities for Accounting and Finance

1. University of Toronto

Among the best accounting and finance universities in Canada, the University of Toronto, the top-ranked university in the country, provides high-quality education and research opportunities in various fields. U of T offers undergraduate and graduate degree programs in accounting and finance. The subjects can be taken at the undergraduate level while pursuing a Bachelor of Commerce in Accounting and a Bachelor of Business Administration in Management and Accounting.

At the graduate level, students have more options regarding the kind of programs, including Master in Accounting and Finance, Master of Mathematical Finance, Master of Management and Professional Accounting, and Master of Finance. One of the most sought-after courses currently being offered by the University of Toronto is the Master of Accounting and Finance program, which is North America's first degree including both disciplines in one program and provides a world-class and practical educational experience through co-op learning to train the students to excel in their careers.  

2. University of British Columbia

The University of British Columbia is recognized as one of Canada's top research educational institutions globally in various disciplines. It is also among the best Canadian universities for finance and accounting. It offers courses through its Sauder School of Business that deliver specialized knowledge on taxation, financial reporting and analysis, auditing, business operations, and other accounting information.

The School is ranked among the top business educational institutions in the world, providing knowledge, driving innovation, and leading change. It offers various courses at different levels, including undergraduate, postgraduate, Master's and PhD, diplomas, and dual degrees.

The UBC Sauder School of Business also provides co-op learning to the students, enabling them to have real-world experience even before graduation. Students can take advantage of the various courses that open up many opportunities for a lucrative career in accounting and finance. 

3. McGill University

McGill University is one of Canada's most popular educational institutions, known for excellence in innovative teaching and research. Through its Desautels Faculty of Management and School of Continuing Studies, McGill University offers various accounting and finance programs at the undergraduate and graduate levels, apart from certification and diploma programs. The courses have been designed to equip students with knowledge of corporate finance, risk management, investment banking, financial planning, portfolio management, and sustained financial management, among other topics. 

The Desautles Faculty of Management is among the top business schools in the world, making McGill among Canada's best accounting and finance universities. Most of the courses at the school provide internship opportunities and chances to participate in exchange programs with business schools in other countries. The university also offers corporate programs to local and international partners at various levels.

4. University of Alberta

The University of Alberta is among Canada's most prominent public research universities that provide top-notch education in various fields. To pursue education in accounting and business subjects, students are admitted to the Alberta School of Business, which offers undergraduate and graduate degrees through its Accounting and Business Analytics and Finance Departments. Both departments have specific programs at different levels to suit students' interests.

The most popular programs offered by the Alberta School of Business include Bachelor of Commerce, Master of Accounting, and Master of Business Administration. The undergraduate courses provide students with in-depth knowledge regarding the subjects, while at the master's level, they can develop more advanced skills in accounting and finance. Many of the courses are based on group and project-based learning.

5. Queen's University

Queen's University is a top-ranked university in Canada known for providing an exceptional student experience. The accounting and finance programs at the university are taught through a distinct school called the Smith School of Business, which offers undergraduate and graduate programs with unique options for students. 

At the undergraduate level, students can take up the four-year Bachelor of Commerce program and a Certificate in Business. Students who finish the BCom degree can also go ahead with a Graduate Diploma in Accounting to enhance their knowledge and skillsets. At the Graduate level, students can take up MBA programs apart from other research-based and professional programs. With specific fields of accounting and finance integrated into different programs, students can study the courses they are most interested in, making the learning at Smith School of Business unique compared to some of the best accounting universities in Canada.

6. University of Waterloo

The University of Waterloo's Master of Accounting program stands out as a leading academic endeavour, offering a comprehensive and advanced curriculum that equips students with the skills and knowledge needed for success in the dynamic accounting world. The faculty comprises distinguished scholars and seasoned professionals, ensuring a blend of theoretical rigour and practical relevance in the coursework.

Alumni from this program have consistently demonstrated excellence in their careers, contributing to the program's reputation for producing industry leaders and innovators. The University of Waterloo's commitment to providing a collaborative and innovative learning environment further enhances the educational experience, preparing students with technical proficiency and a strategic mindset crucial for navigating the complexities of the contemporary accounting landscape. 

7. Western University

Western University offers a distinguished Master of Finance (MFin) program for those interested in finance and accounting. The university is known for its rigorous curriculum and advanced financial education, and the program equips students with the essential skills and knowledge needed to excel in the dynamic world of finance. The faculty comprises seasoned professionals and accomplished academics, ensuring a comprehensive and industry-relevant learning experience.

The course emphasizes practical application, leveraging real-world case studies and industry connections. As a result, students gain a deep understanding of financial principles and develop the critical thinking and analytical skills necessary for success in high-stakes financial environments. 

8. York University

York University's Post-Graduate Certificate in Accounting stands out as a comprehensive and esteemed program, offering a pathway for individuals seeking advanced expertise in the field of accounting. Alumni of this program have excelled in various sectors, contributing significantly to the accounting profession. The course covers multiple topics, including financial reporting, taxation, auditing, and forensic accounting, providing students with a well-rounded skill set crucial for success in the dynamic and demanding accounting industry. 

York University's commitment to academic excellence, coupled with its strong ties to industry, enhances the program's relevance and ensures that graduates are well-prepared for the challenges of the contemporary accounting landscape. As a recognized leader in education, York University continues to produce accounting professionals who play pivotal roles in shaping the financial landscape.

9. University of Calgary

The University of Calgary's Bachelor of Commerce in Accounting program is known for its commitment to fostering exceptional financial professionals. The faculty, comprised of industry experts and scholars, ensures a dynamic learning environment that integrates theoretical knowledge with practical applications. 

Notably, the program boasts distinguished alumni who have excelled in various sectors, contributing significantly to accounting. The University of Calgary's commitment to innovation and experiential learning further enhances the educational experience, preparing graduates to meet the evolving demands of the global business landscape. As a result, the university has earned a distinguished reputation for producing skilled accounting professionals, making it a premier destination for those seeking a rigorous and impactful education in accounting.

10. Concordia University

Concordia University's Bachelor of Commerce in Accountancy is a hallmark program within the John Molson School of Business. Recognized globally for its commitment to academic excellence and innovative teaching methods, the program prepares students for dynamic careers in accounting and finance. The distinguished faculty comprises accomplished professionals and scholars, offering a comprehensive curriculum combining theoretical knowledge and practical skills.

The university's commitment to fostering a supportive learning environment and emphasizing real-world application sets it apart. Concordia's Bachelor of Commerce in Accountancy is a cornerstone of its reputation, making it a renowned institution for those aspiring to build successful careers in accounting and finance.

Study Accounting and Finance in Canada

Do you want to be admitted to Canada's best accounting and finance universities and advance your career? If so, book a free consultation session with SI-Canada today to discuss your study options.

Universities featured in this article:

  • University of Toronto
  • University of British Columbia
  • McGill University
  • University of Alberta
  • Queen's University
  • Concordia University
  • University of Calgary
  • University of York
  • Western University
  • University of Waterloo
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