| Program start date | Application deadline |
| 2024-08-01 | - |
Program Overview
The Asper Master of Finance (MFin) is a one-year program that prepares students for the CFA exams and careers in the financial industry. Aligned with the CFA Program Curriculum, the program offers a comprehensive understanding of financial theory and practice, developing analytical, problem-solving, and ethical decision-making skills. Graduates are highly sought after by employers and have a strong track record of success in the financial industry.
Program Outline
Degree Overview:
The Asper Master of Finance (MFin) is a CFA Institute University Affiliation Program. It is a comprehensive one-year, three-term program that prepares students to write all three levels of exams needed to obtain a Chartered Financial Analyst (CFA) designation, with a focus on the Level 1 exam. The program has been mapped to align with the CFA Program Curriculum.
Objectives:
- Prepare students for all three levels of the CFA exams
- Provide a comprehensive understanding of financial theory and practice
- Develop analytical and problem-solving skills
- Enhance communication and presentation skills
- Foster ethical decision-making in the financial industry
Outline:
Course Schedule:
The program is offered over three terms, with each term lasting 13 weeks. Courses are typically scheduled twice a week, for a total of 26 contact hours per course.
Individual Modules:
- Term 1
- ACC 7010: Accounting Fundamentals
- FIN 7000: Managerial Economics
- FIN 7010: Professional Finance Ethics
- FIN 7020: Corporate Finance
- FIN 7080: International Finance
- FIN 7130: Alternative Markets and Instruments
- FIN 7140: Financial Modelling
- Term 2
- FIN 7152: Investment Policy
- FIN 7180: Behavioural Finance
- FIN 7190: Fixed Income Securities
- FIN 7192: Portfolio Management
- MIS 5120: Spreadsheet Skills for Management
- MSCI 5110: Basic Quantitative Analysis for Management
- Term 3
- IDM 5120: Career Development Seminar
Assessment:
Students are assessed through a variety of methods, including:
- Exams
- Quizzes
- Case studies
- Presentations
- Projects Grading is based on a 10-point scale, with 5.0 being the minimum passing grade.
Teaching:
Teaching Methods:
The program uses a variety of teaching methods, including:
- Lectures
- Case studies
- Simulations
- Group projects
- Guest speakers
Faculty:
The program is taught by a team of experienced faculty members from the Asper School of Business.
Unique Approaches:
- The program is aligned with the CFA Program Curriculum, ensuring that students are well-prepared for the CFA exams.
- The program offers a variety of experiential learning opportunities, such as case competitions and guest speaker presentations.
- The program has a strong focus on ethics and professional conduct.
Careers:
Potential Career Paths:
Graduates of the program are qualified for a variety of careers in the financial industry, including:
- Investment banking
- Asset management
- Hedge funds
- Mutual funds
- Pension funds
Opportunities:
The program provides students with the skills and knowledge necessary to succeed in the financial industry. Graduates are highly sought after by employers and have a wide range of career opportunities available to them.
Outcomes:
Graduates of the program have a high rate of success in the CFA exams. They also have a strong track record of success in the financial industry.
University of Manitoba
Overview:
The University of Manitoba is a public research university located in Winnipeg, Manitoba, Canada. It is situated on the original lands of Anishinaabeg, Ininew, Anisininew, Dakota and Dene peoples, and on the National Homeland of the Red River Métis. The university offers a wide range of undergraduate and graduate programs across various disciplines.
Services Offered:
The University of Manitoba provides a comprehensive range of services to its students, including:
Academic Supports:
Academic advising, tutoring, writing centers, and other resources to help students succeed in their studies.Career Services:
Career counseling, job search assistance, and internship opportunities.Student Health and Wellness:
Mental health services, medical clinics, and fitness facilities.Accessibility Services:
Support for students with disabilities.Financial Aid and Awards:
Scholarships, bursaries, and loans to help students finance their education.Libraries:
Extensive library resources, including books, journals, and online databases.Experiential Learning:
Opportunities for students to gain practical experience through internships, co-ops, and research projects.Student Life and Campus Experience:
The University of Manitoba offers a vibrant campus life with numerous opportunities for students to get involved:
Student Clubs and Organizations:
A wide variety of clubs and organizations cater to diverse interests, from sports and arts to academics and social causes.Arts and Culture:
The university hosts numerous cultural events, performances, and exhibitions throughout the year.Sport and Recreation:
The university has a strong athletic program with varsity teams and recreational facilities.Campus Events:
The university organizes various events, including lectures, workshops, and social gatherings.Key Reasons to Study There:
Strong Academic Reputation:
The University of Manitoba is recognized for its high-quality academic programs and research excellence.Diverse and Inclusive Community:
The university fosters a welcoming and inclusive environment for students from all backgrounds.Experiential Learning Opportunities:
Students have ample opportunities to gain practical experience through internships, co-ops, and research projects.Vibrant Campus Life:
The university offers a rich campus life with numerous opportunities for students to get involved.Affordable Tuition:
The University of Manitoba offers competitive tuition rates compared to other Canadian universities.Academic Programs:
The University of Manitoba offers a wide range of undergraduate and graduate programs across various disciplines, including:
Arts:
Humanities, social sciences, and fine arts.Science:
Natural sciences, mathematics, and computer science.Engineering:
Civil, mechanical, electrical, and chemical engineering.Business:
Management, marketing, finance, and accounting.Health Sciences:
Medicine, nursing, pharmacy, and dentistry.Education:
Teacher training, educational leadership, and educational research.Law:
Juris Doctor (JD) program.Entry Requirements:
To qualify for admission to the Master of Finance program, you must have a minimum of: A three‐year Bachelor degree from a post-secondary recognized educational institution (in any discipline) A 3.0 admission GPA (on 4.5 scale) on the last 60 credit hours of university degree‐level study.
- International student GPA calculation Results of the Graduate Management Admissions Test (GMAT) from within the past five years, with a minimum score of 550. The GRE will be accepted with a percentile score across its components equivalent to the current acceptable percentile level of the GMAT. The percentile score on the quantitative section of the GMAT or GRE examinations must be at the 60th percentile or higher. GMAT and GRE scores must not be older than five years. GMAT/GRE scores are not required for applicants holding a CPA designation or those who have successfully passed the CFA Level 1 examination. GMAT/GRE scores are not required for those applicants who have successfully completed a bachelor degree from the University of Manitoba with a minimum 3.25 GPA and who have also: Completed FIN 2200 (Corporate Finance) at the Asper School of Business with a minimum grade of B+, within the last five yearsOR Achieved an average 3.5 GPA across the four Asper finance courses counting toward the finance major requirements within the last five years ( Where it is evident that the applicant is currently working in a professional role that makes substantial use of the knowledge earned in those courses, the Admissions Committee will have the discretion to extend the 5-year rule in cases it sees fit.) One of the following English language proficiency test scores from within the past two years, if applicable IELTS: 6.5 (speaking band minimum is 6) TOEFL: 86 (internet) - Minimum score of 20 is required in each of reading, writing, listening, and speaking categories CAEL: 60 and 60 on each subject PTE: (A) 61% AEPUCE: 65% Graduates of the Asper MBA program with a Finance concentration are not eligible to take this program. In addition to the admission requirements described here, all applicants must meet the minimum admission and English language proficiency requirements of the Faculty of Graduate Studies.
Language Proficiency Requirements:
One of the following English language proficiency test scores from within the past two years, if applicable IELTS: 6.5 (speaking band minimum is 6) TOEFL: 86 (internet) - Minimum score of 20 is required in each of reading, writing, listening, and speaking categories CAEL: 60 and 60 on each subject PTE: (A) 61% AEPUCE: 65%
