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, managing investment portfolios, including stocks, bonds, and other assets, and making financial decisions 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 2024: Accounting & Finance). Begin your application or have any further questions answered about accounting and finance courses in Canada by booking a free consultation today.
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.
- Course to consider: Master of Accounting and Finance
- International fees: $62,325
- Entry requirements: To be a part of the best Canadian universities for accounting and finance, candidates must have an appropriate four-year undergraduate degree specializing in accounting or any equivalent subject, with a minimum score of mid-B in all core courses. Non-native speakers of the English language must also show proficiency in the language before being admitted to the course.
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. Through its Sauder School of Business, it offers courses 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 offers co-op learning, enabling students to gain 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.
- Course to consider: MBA with Specialization in Finance
- International fees: $94,559
- Entry requirements: All candidates must have completed a three or four-year Bachelor's degree with an average score of B+ from a recognized institution. They must also have 550 GMAT scores with at least a 50th percentile in the verbal and quantitative sections and two years of full-time work experience after graduation. Non-native speakers of the English Language must also show proficiency in the language.
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, as well as 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 school's courses provide internship opportunities and opportunities 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.
- Course to consider: Master of Management in Finance
- International fees: $60,345
- Entry requirements: Candidates who have completed their three-year Bachelor's degree can apply for the program. Non-native speakers of the English language need to show their proficiency in the language.
4. 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.
- Course to consider: Bachelor of Commerce with Specialization in Accounting
- International fees: $51,275
- Entry requirements: All candidates must have passed the senior secondary school with English and three other 4U or M courses. A minimum score of 65% is also required in Mathematics. Non-native speakers of the English language must also show proficiency in the language.
5. University of Alberta
The University of Alberta is among Canada's most prominent public research universities, providing top-notch education in various fields. Students are admitted to the Alberta School of Business to pursue education in accounting and business subjects. The school offers undergraduate and graduate degrees through its Accounting, 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.
- Course to consider: Master of Accounting
- International fees: $51,408
- Entry requirements: All candidates require a four-year undergraduate degree from a recognized academic institution with a minimum grade point average of 3.0/4.0. They must also have completed specific prerequisite programs. English language proficiency is also a must for non-native speakers of the language.
6. University of Montreal
The University of Montreal is a French-speaking university in Canada and offers a Bachelor of Business Administration (B.B.A.) (in French). It provides a structure that gradually leads you to choose from 15 specializations and the possibility of participating in the AGIR course, which promotes learning through practice (Prix for Educational Innovation in Management Sciences 2020).
- Course to consider: Bachelor of Business Administration (B.B.A.) (in French)
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.
- Course to consider: Master of Financial Economics
- International fees: $83,796
- Entry requirements: Students must have a related bachelor's degree and solid academic performance, and standardized test scores (GMAT/GRE may be required). Relevant work experience is valued, and applicants should submit letters of recommendation, a statement of purpose, and a resume.
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.
- Course to consider: Post-Graduate Certificate in Accounting
- International Fees: $15,199
- Entry requirements: Students must have a solid academic background with a relevant bachelor's degree. Additionally, proficiency in English, as evidenced by standardized test scores like IELTS or TOEFL, is required.
9. 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.
- Course to consider: Master of Accounting MAcc
- International fees: $67,941
- Entry requirements: International students must hold a bachelor's degree, demonstrate proficiency in English through tests like TOEFL or IELTS, and submit letters of recommendation.
10. Simon Fraser University
The Beedie School of Business at Simon Fraser University provides a Bachelor of Business Administration with a concentration in accounting. 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.
- Course to consider: Bachelor of Business Administration
Study Accounting and Finance in Canada
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