Master of Accounting and Finance

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the additional admission requirements stated below.

• An appropriate four-year undergraduate degree with a specialization in accounting or finance or equivalent, with a minimum overall average of a mid-B in all core courses. Admission to the program is extremely competitive, and meeting the minimum overall average does not guarantee admission.

• Applicants whose primary language is not English and who graduated from a university where the language of instruction is not English must achieve:

  • A Test of English as a Foreign Language (TOEFL) score of at least 580 overall on the paper-based test and 5 on the Test of Written English (TWE); 100/120 on the Internet-based test and 22/30 on the writing and speaking sections.

  • In special circumstances, a minimum score of 7.0 on the International English Language Testing System (IELTS) may be considered for admission.

• Applicants who plan to pursue the Canadian Chartered Professional Accountant (CPA) designation upon completing the MAccFin must meet the undergraduate prerequisite requirements set out by CPA Canada for entry into the CPA Professional Education Program. Please contact the Graduate Department of Management for details.

• Applicants who plan to pursue the Association of Chartered Certified Professional Accountants (ACCA) designation upon completing the MAccFin must meet the undergraduate prerequisite requirements for at least the Applied Knowledge Level as set out by ACCA. Please contact the Graduate Department of Management for details.

Completion Requirements

• Coursework. Students must successfully complete a total of 8.5 full-course-equivalents (FCEs)* as follows:

  • 7.5 FCEs in required core courses

  • MAF1001H Advanced Topics in Financial Reporting

  • MAF1002H Strategy, Governance, and Management Accounting

  • MAF1003H Advanced Topics in Assurance

  • MAF1004H Advanced Taxation

  • MAF2001H Economics and Quantitative Methods

  • MAF2002H Advanced Corporate Finance

  • MAF2003H Investment Analysis and Portfolio Management I

  • MAF2004H Financial Statement Analysis and Equity Valuation

  • MAF2005H Derivatives

  • MAF2006H Investment Analysis and Portfolio Management II

  • MAF2007H Fixed Income

  • MAF3001H Leadership in the 21st Century

  • MAF3002H Strategy, Business Development, and Sales

  • MAF3003H Business Data Analytics

  • MAF3005H Integration and Analysis: Critical Thinking and Decision Making I

  • MAF3006H Integration and Analysis: Critical Thinking and Decision Making II

  • MAF4000H Co-op Internship

  • MAF4001H Advanced Seminar in Accounting and Finance I: Work-Integrated Learning and Career Development

  • MAF5002H Finance Capstone Course

• 1.0 FCE: students must declare an emphasis as part of their degree program.

• Students who plan to pursue the CPA designation upon completing the MAccFin must

  • complete the emphasis in Canadian Accounting and Finance;

  • achieve a minimum mid B grade in MAF1001H, MAF1002H, MAF1003H, MAF1004H, MAF3005H, MAF3006H, or otherwise receive a letter of permission from the Graduate Department of Management.

• Students who plan to pursue the ACCA designation upon completing the MAccFin must

  • complete the emphasis in International Accounting and Finance.

* A final grade below 70% in any course equates to an FZ, which is an insufficient grade. A MAccFin student who receives a final grade of FZ will be recommended for termination of registration from the MAccFin program.

Mode of Delivery: In person
Program Length: 4 sessions full-time (typical registration sequence: S-FWS)
Time Limit: 3 years full-time