Master of Science in Applied Financial Economics
- HEC Montréal
- Business Administration
- Masters
- Business & Management
- Public
- Canada
The Master of Science in Applied Financial Economics at HEC Montreal is a specialized program that combines finance, economics, and data analysis to solve complex financial problems. While financial economics is a branch of economics, this program is a sub-discipline of finance, focusing on practical applications in investment, risk management, and economic policy. The program is important as it provides students with the technical and analytical skills needed to navigate global financial markets and contribute to economic decision-making. By producing experts who understand the interplay between finance and economics, the program helps shape policies and strategies that drive global economic stability and growth.
| Category | Details |
|---|---|
| Time | Full time |
| Campus | Côte-Sainte-Catherine Building |
| Duration | 1.5,2 Years |
| Deadline-Date | 15-September,1-March, |
| Fee Per Year | $22,194.00 |
| Application Fee | 282 C$ |
| Currency | CAD$ |
| Intake Link | https://www.hec.ca/programmes/trouver-programme-etudes.html |
| Deadline Link | https://www.hec.ca/programmes/trouver-programme-etudes.html |
| Intakes | February,September, |
| Program language requirement |
Who can Choose this program?
An undergraduate degree in business, economics, finance, statistics, mathematics, or similar topics. If the applicant has taken relevant courses or has prior expertise in quantitative methods or financial economics, some schools may accept applicants from different academic backgrounds.
Additional Information
| Category | Details |
|---|---|
| Scope of the program | Numerous employment options in the financial and economics fields, where economic understanding and analytical rigor are essential, are made possible with a Master of Science in Applied Financial Economics. Graduates frequently go on to work as risk managers, portfolio managers, economic consultants, investment bankers, and financial analysts. These experts manage financial risks, make well-informed judgments, and optimize investment plans with their knowledge of financial modeling, econometrics, and market analysis. They are employed by government agencies, financial institutions, investment firms, and consultancy organizations, among other places. Graduates of the degree can offer significant insights into financial planning, policy formulation, and company strategy because of the program's emphasis on applying economic theory to actual financial issues. Because of the growing complexity and data-driven nature of financial markets, this program's graduates are in great demand. |
| Program entry requirement | A bachelorÂ’s degree from a recognized institution, equivalent to a Canadian undergraduate degree. |
| Required GPA | minimum GPA of 3.0 on a 4.0 scale |
| GRE Required | N/A |
| GMAT Required | N/A |
| Application Process | 1. Register for an Online Application: To start your application, create an account on the university’s application portal. This will give you access to the online application form. 2. Start the Application Process: Once registered, start filling out the online application form. The process is simple. 3. Complete the Application Form: Fill out the form with proper and complete information about your academic background, personal details, and program preferences. This will help them to better understand your qualifications. 4. Upload Required Documents: Use the portal to submit the necessary documents online, which may include: • Official Transcripts: Submit official transcripts from any institutions you have attended. • Standardized Test Scores: If applicable, upload your English language test score reports. • CV or Resume: Provide an up-to-date CV or resume that highlights your educational and professional experience. • Statement of Purpose: Write a statement detailing your goals for the program, research interests, and reasons for applying. • Letters of Recommendation: Arrange for two recommenders to submit letters of recommendation through the portal, based on their knowledge of your academic capabilities. |
| Available Scholarships | https://studyabroadupdates.com/scholarships/ |
| Program accreditation | N/A |
| Living expenses | Student residences: 250 – 625 CAD/month. University-arranged homestays: 400 – 800 CAD/month. Rent & share an apartment: 300 – 700 CAD/month, prices for rent depend on location and facilities. If you choose to rent a studio/one-room apartment, you can pay over 1,000 CAD/month. |
| Visa Process Details | 1. Completed application form (IMM 1294). 2. Acceptance letter from the university. 3. Proof of funds showing you can cover your living expenses and tuition fees. 4. Bank statements. 5. Educational documents or evidence of sponsorship (if applicable). 6. Medical examination report from a doctor authorized by immigration. 7. Police clearance certificates from your country of birth and from any other countries where you have lived for six months or more in the past five years. 8. Passport-sized photographs. 9. Payment for the study permit application fee (currently 150 CAD). 10. Custodian Declaration (IMM 5646) (if applicable), required if you are a minor, must be signed by your custodian in Canada. |
| Part timework | You can only work 20 hours a week as a student with a study permit during a regular academic semester. During planned breaks, such as summer or winter holidays, you can work 40 hours a week. |
| Post-study work opportunity | Depending on the length of the course, a post-study work permit in Canada allows you to remain in the country after finishing your studies for a maximum of three years. After graduating, those who wish to pursue further education can apply for a visa and study in Canada. |
Frequently Asked Questions
