Study Masters in Economics in Canada: A Step-By-Step Guide

Every year numerous students go to Canada for pursuing MS in Economics. This is because of the educational quality of the nation. But is it worth it to study a PG economics program at a Canadian university? What are the prerequisites for joining this PG program? So, to answer all your questions today we are sharing with you all the things you must know about study masters in economics in Canada.




Why Should You Study MS in Economics in Canada?

Thanks to the educational quality of the country thousands of international students select it for completing their higher education. Besides this, by studying in the nation students also get the opportunity to unlock gateways to exemplary job opportunities. In short, it's worthwhile to study masters in economics in the nation. Following are the key reasons to study masters in economics in Canada:

Around 20,000 new jobs will be available for economists in the country by 2026. The demand growth rate for economic experts is around 1.3% in the country.
The country features an exemplary educational infrastructure. Additionally, the educational environment of the county is also amazing. To learn about the educational infrastructure of the nation in detail feel free to contact our Canada study visa consultants in Chandigarh.
Economics graduates from the country can easily get high-paying jobs in any county across the globe.

Program Highlights

Following are the things that you must know about the MS in economics program in the country:

The duration of the academic program is 1 to 2 years
The program includes independent research using complex statistical data
You must pass the English proficiency exam to study MS in economics in the country
The course includes social science components

Best Universities

There are various colleges in the country that offer quality masters in economics programs to students. However, the quality, as well as the tuition fee of the program, can vary between different Canadian universities. Following are some of the best Canadian universities for study masters in economics in Canada:

  • University of Toronto
  • University of Regina
  • Financial Economics
  • University of British Columbia
  • University of Montreal
  • McMaster University
  • University of Calgary
  • The University of Western Ontario
  • Queen’s University at Kingston
  • University of Alberta
  • McGill University
  • Dalhousie University
  • University of Waterloo
  • University of Calgary

Eligibility Criteria

Following are the eligibility criteria that you must meet to study MS in economics in Canada:

  • A UG degree in economics/business
  • GRE scorecard
  • IELTS score card
  • Experience letter (if any)

Necessary Documents

Following are the documents that you must submit along with your application form:

  • Copy of visa/passport
  • Letter of recommendation
  • Statement of Purpose
  • Curriculum Vitae
  • IELTS/TOEFL scorecard
  • Academic transcripts
  • Two reference letters
  • Proof of accommodation
  • Proof of funds, etc.

Tuition Fees

The tuition fee for MS in economics program can vary between colleges depending on different factors. But on average you will need around CAD 25,000 to study a PG economics program in the country. However, this amount can increase if you study the course in a private Canadian educational institution.

Admission Process

Following are the steps that you can follow to complete your admission process

  • Go to the website of the college and review the admission requirements for the program
  • Now create a user account on the website of the college using your mobile number/email id.
  • Next, submit the verification code to activate your student account
  • Fill out the admission application form
  • Next, recheck the form to see if there is any error in it.
  • After that, enter your academic qualifications.
  • Now upload a copy of essential documents
  • Next, pay the application fee. You can pay the application fee on the website through online banking/card.
  • Finally, attend the virtual interview. Once the interview is done you will get a letter of acceptance from the admission committee. However, if you don’t meet the requirements of the admission committee then you won’t get an acceptance letter.

Scholarships

Dozens of scholarships are available for students who wish to study masters in economics in Canada. By applying for these financial support/assistance programs students can easily reduce their burden. However, make sure you check the eligibility criteria of the scholarship/financial assistance program to avoid any problems later. Following are the scholarships for which you can apply to study masters in economics in Canada:

  • Ontario Graduate Scholarship
  • Mackenzie King Scholarship. To learn about Mackenzie King Scholarship in detail feel free to contact our best consultant for Canada study visa.
  • AD O’Brien Graduate Scholarship in Public Finance
  • The University of Alberta gives this scholarship.
  • Alberta Graduate Excellence Scholarship
  • Dorothy J. Powell Graduate Scholarship In International Economics
  • Lise Salvas Foundation Award
  • Maurice Bouchard Foundation Award
  • PBEE Merit Scholarships for Graduates
  • Alberta Graduate Excellence Scholarship
  • H. Stanley Hunnisett Fund

Conclusion

There are numerous advantages to pursuing masters in Economics at a Canadian university. For example, you get access to high-quality training. Moreover, you also get a chance to learn from some of the best economics trainers in the world. Therefore, if all these benefits excite you then you must complete study masters in economics in Canada.

Original Source:-  http://bit.ly/3Upy8p0

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