The Master of Financial Data Analytics (MFDA) program is designed to train highly qualified professionals with the essential computational skills needed to thrive in today's rapidly evolving financial markets. This unique graduate program prepares students for success in both finance and data analytics, offering specialized training in AI programming, data-driven decision-making, and financial analysis.
Tailored for working professionals, the MFDA is an ideal choice for business graduates, as well as individuals from mathematics, computer science, economics, finance, information technology, and other quantitative disciplines. Whether you have an advanced background in mathematics or are new to the subject, this program equips you with the cross-disciplinary expertise required for high-demand financial roles.
What You Will Learn
The MFDA program is crafted to ensure you gain both finance and data analytics skills, which are crucial for navigating the modern financial landscape. Upon completion, you will be able to:
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Analyze complex financial data using cutting-edge data analytics tools and AI programming applications
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Gain financial modeling expertise and use data-driven insights to create a competitive advantage in the banking and financial markets
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Apply your learning to real-world financial challenges through a choice of internship or project
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Develop a deep understanding of financial risk management with content aligned with the Financial Risk Manager (FRM) certification
Program Structure
The MFDA program includes eight specialized courses that blend finance and data analytics, focusing on their applications in the financial sector. You will gain the ability to:
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Develop models for financial decision-making
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Apply AI and machine learning tools to improve financial processes
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Prepare for the FRM certification, which is recognized globally as the leading certification for Risk Managers
Students can choose between completing the program in two years (full-time) or accelerating it to one year. Regardless of the pace, the program ensures that you are well-prepared to face the challenges of the modern financial world.
Why Choose the MFDA Program?
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Industry-Relevant Skills: This program equips you with both the financial expertise and advanced data analytics knowledge needed to excel in today's data-driven financial landscape.
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High Demand for Graduates: Financial institutions are increasingly relying on data analytics to gain a competitive edge. Graduates will be positioned to take on roles that bridge the gap between finance and data analytics.
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Flexible Options: The MFDA offers the option of accelerated one-year completion or two-year full-time study, making it adaptable to your career goals.
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GARP Academic Partnership: As a GARP Academic Partner, the MFDA program prepares students for the Financial Risk Manager (FRM) certification, a prestigious qualification that is recognized worldwide.
Career Opportunities
Graduates of the MFDA program will be prepared for a variety of roles in the finance and data analytics sectors, including:
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Financial Data Analyst
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Risk Manager
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Financial Analyst
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Data Scientist in Finance
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Quantitative Analyst
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Financial Risk Analyst
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Investment Analyst
- Academic Requirement: Bachelor Degree in one of the following streams: Stream A (Quantitative Stream) Information Technology Computer Science Engineering Mathematics Statistics Physics Actuarial Science Other quantitative disciplines Stream B (Business Stream) Business Economics Finance Statistics course required Linear Algebra and Calculus highly recommended GMAT or GRE required for applicants without a Canadian or American university degree
- ELP Requirement: IELTS: 7.0 Overall TOEFL Accepted PTE Accepted Duolingo Accepted
- Special Requirement: Special Requirement * Statistics course required * Linear Algebra and Calculus highly recommended * GMAT or GRE required for applicants without a Canadian or American university degree * Suitable for applicants from both quantitative and business academic backgrounds Additional Program Benefits * MakeStudy™ Application Fee Discount Available * Approximate Application Fee after waiver: CAD $60 * Official Tuition Deposit for LOA: CAD $2,000 * Program includes internship or project option * Strong focus on Financial Analytics, AI applications, and Data Analytics * GARP Academic Partner Program * Curriculum supports preparation for FRM (Financial Risk Manager) certification * Accelerated completion option available
Under Graduate Students
How do I receive a 100 per cent refund?
You have 10 business days from the first day of classes to decide if you want to change your course load or withdraw and receive a 100 per cent refund.
How do I receive a 50 per cent refund?
You have 20 business days from the first day of classes to decide if you want to change your course load or withdraw and receive a 50 per cent refund. The 50 per cent refund is applicable to your tuition fees only and does not include:
- Compulsory ancillary fees
- Flat fees
- Course-and program-specific fees (if applicable)
Withdrawing from the university
If you are considering withdrawing from the university, we encourage you to talk to your Academic Advisor. After meeting with your advisor, if you choose to withdraw from the university you are responsible for completing the undergraduate withdrawal process by the posted deadline.
Graduate Students
You may drop classes through MyOntarioTech. After the tenth day of the term, drop requests must be completed using the Add/Drop Form. Please check Important Dates for more information.
Withdrawing from the university
If you are considering withdrawing from the university, we encourage you to talk to your Graduate Faculty Office and your supervisor (if applicable). After discussing with your faculty, if you choose to withdraw from the university you are responsible for completing the graduate student withdrawal form.
Note: Important deadlines can be checked by clicking here (Check deadlines)
- Application Fee: $120
- LOA Deposit: $2,000
- Annual Tuition Fee: $19,535
- Total Tuition Fee: $39,070
- Course Duration: 16 months
- Credentials: Masters
- Intake: January September
• CV/Resume
• Statement of Intent (Must cover the below questions) 1-2 Page
1. Why are you interested in your chosen field and program?
2. Why is Ontario Tech University’s program a good fit for you?
3. What are your career goals and interests?
• Passport
• Academic documents
• Agent Declaration Form (attached) Leave the Student number, OUAC reference no, agent information blank.
• Recommendation/Reference – 2
1. Referee First Name
2. Referee Last Name
3. E-mail
4. Contact no
5. Organization Name
6. Organization Address
7. Position
8. Relationship with student
Note: Only official id's are acceptable, Gmail,Yahoomail, Hotmail are not accepted. Also letters are required
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IF ONSHORE STUDENT
- Stamped copy of visa
- LOI
- Study permit
- Canadian Address:
- Canadian Contact No: