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Top Five Canadian Universities for Master of Economics

Posted 10 May 2023 Economics

Studying for an economics master's in Canada offers numerous benefits to international students. Canada is home to many top-ranked universities that offer high-quality programs in economics, allowing them to develop their skills and knowledge in this field.

Pursuing an MSc in economics in Canada can open up numerous career opportunities for graduates. Canada has a growing demand for professionals with expertise in economics, particularly in areas such as public policy, finance, and data analysis. Graduates of economics programs in Canada are well-equipped to pursue various career paths in the private and public sectors.

Canada also has a well-developed market economy, which provides ample opportunities for students to apply their theoretical knowledge in real-world settings via placements and internships.

Read ahead to find the best courses, their entry requirements and international fees for leading economics universities in Canada (QS World University Rankings by Subject 2023). Book a free consultation with SI-Canada today to learn more or begin your study in Canada application.

best master's economics canada

Top Five Canada Universities to Study Master of Economics

1. University of Toronto

The University of Toronto offers several graduate programs in economics, including a Master of Arts in Economics, a Master of Financial Economics, a Master of Applied Economics, and an interdisciplinary program, a Master of Science in Sustainability Management, which combines business, economics, and environmental studies to prepare students for a career in sustainability management.

All courses have different durations and approaches to take the study forward. The world-class faculty at the university teaches through a combination of theoretical and practical aspects to enhance the students' learning experience.

2. University of British Columbia

UBC offers various postgraduate programs in economics, and the university is known for its quality research faculty and intensive training in the applied work and theory of the subject. The department also offers various specializations, including programs such as Master of Arts in Economics, Master of Food and Resource Economics, Master of Science in Economics, Master of Health Administration and Master of Business Administration.

The UBC faculty specializes in imparting high-quality education in applied and theoretical econometrics, development economics, economic history, environmental economics, macroeconomics, international trade and much more. 

3. McGill University

Founded in 1821, McGill University is among Canada's oldest and most prestigious educational institutions. The university offers several Master of Economics programs, including Master of Arts in Economics, Master of Science in Economics, Master of Management in Finance, and Master of Business Administration/Master of Arts (MBA/MA) in Economics, which is a joint program offered by Desautels Faculty of Management and the Department of Economics.

4. Université de Montréal

Through its Department of Economics, Université de Montréal offers several Master of Economics programs for students to choose from, including a Master of Arts (MA) in Economics, a Master of Mathematical and Computational Finance, and a Specialized Graduate Diploma in Mathematical and Computational Finance. After graduation, students can get the chance to be in the industries of Labour Economics, International Trade, Financial and banking, Market Analysis, Industrial Economics, Agricultural Economics and Political Economics.

5. Western University

Western University is a renowned public research university in London, Ontario, with a reputation for academic excellence and research intensity, focusing on interdisciplinary collaboration and innovation. Western offers several Master of Economics programs, including Master of Arts in Economics, Master of Financial Economics, and Master of Public Economics. The first program is a two-year course; the other two can be completed in one year. Students can choose to specialize in fields such as development economics, environmental economics, and financial economics in the master's programs. Western University also offers a range of scholarships and funding opportunities for eligible students.

Study MSc Economics in Canada

If you want to study MSC economics in Canada, arrange a free consultation with SI-Canada today.

Universities featured in this article:

  • University of Toronto
  • McGill University
  • University of British Columbia
  • University of Montreal
  • Western University
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