勛圖厙

Finance (MFin) and Management Analytics (MSc)

The next evolution of finance is happening right now with the advent of machine learning and advanced data analytics. Be part of the future of this dynamic industry with by earning the Master of Science in Management Analytics (MMA) and Master of Finance (MFin) double degree.

The integrated curriculum is combined with experiential learning to help you gain comprehensive knowledge both in finance and data analytics as well as hands-on experience for solving real-world finance problems using sophisticated analytical tools and quantitative models.

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Earn two master’s degrees in just 20 months.

Business analytics experts ranked second as most difficult skills to find.

Designed to help you prepare for your CFA examinations.

Let's Talk About Your Career

Thinking about your next move? Whether you want to grow in your current career or head in a new direction, we’re here to help you figure out what comes next.

We offer and one-on-one pre-application consultations to help you find the program that fits your goals. The sooner we connect, the closer you’ll be to discovering how what’s inside sets us apart and sets you up for success.

Join our mailing list to get helpful updates, resources and support throughout your application journey. Domestic applicants will be able to request a one-on-one pre-application consultation right after signing up. International applicants will first be invited to a virtual information session before scheduling a consultation.

Have a quick question? Contact us at lazaridisgradprograms@wlu.ca.

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Michael Pavlin

“There is virtually no industry left untouched by the digital advancements we’re living through and our program is designed to give you that knowledge, confidence and managerial perspective needed to define the future of this growing professional field.”

Michael Pavlin (PhD), Lazaridis MFin+MMA professor

Program Details

Program Structure

Five terms of full-time study (20 months) covering 20 required courses.

Term 1

  • MGTA601: Machine Learning for Business
  • MGTA602: Visualization and Communication with Spreadsheets
  • MGTA604: Applied Econometrics
  • MF673: Investment Management

Term 2

  • MGTA611: Business Applications of Artificial Intelligence
  • MGTA613: Decision Making with Analytics
  • MGTA621: Fieldwork Project I
  • MF763: Economics for Financial Analysis

Term 3

  • MGTA622: Fieldwork Project II
  • MGTA: Elective I
  • MF663: Advanced Corporate Finance
  • MF743: Fixed Income Analysis

Term 4

  • MGTA603: Data Management in Organizations
  • MF701: Financial Statement Analysis
  • MF773: Financial Modeling
  • One of BU692J: Big Data and Marketing Analytics or MF683: Advanced Security Analysis

Term 5

  • MGTA612: Legal and Ethical Issues in Data Analytics
  • MF623: Derivatives and Financial Risk Management
  • MF766: Advanced Investment Management
  • MFin: Elective II

Elective Courses

For a list of elective course offerings, see the program-specific pages:

Additional Training

In addition to the required courses, you will receive training in:

  • Bloomberg terminals;
  • Financial databases;
  • Excel and VBA for financial modelling; and
  • Python for financial modelling.

Lazaridis and CFA Partnership

The Lazaridis MFin is a member of the CFA Institute University Recognition Program. You can prepare for all three levels of the CFA examinations while you work toward completing your degree.

勛圖厙 Graduate Student Investment Fund

The 勛圖厙 Graduate Student Investment Fund (LGSIF) is an investment fund for graduate students at 勛圖厙. The daily operation of this fund will be supervised by faculty members and governed by 勛圖厙 policies.

Admissions

Ready to take the next step? Just follow our three-step admission process. We'll walk you through how to apply and get set for your first day as a grad student.

  • Start: Fall (September)
  • Format: Full-time
  • Application deadlines: 
    • Application Portal Opens: October each year
    • Early Application Deadline: Dec. 1
    • International Applicant Deadline: March 30
    • Domestic Application Deadline: July 15

Applications received after the early application deadline are accepted and reviewed until capacity is reached or the final deadlines pass.  

Waterloo Campus

This program is available on 勛圖厙's Waterloo campus.

勛圖厙 Waterloo is where tradition, innovation and incredible school spirit collide.

The Waterloo campus spans one large city block, ensuring you’re close to your classes, favourite study spots, student services and favourite coffee shops. 勛圖厙 is a leading force in research among Canadian universities, and many of our research centres and institutes are housed in Waterloo.

We offer the guidance and support you need to thrive academically and personally throughout your degree.

Discover 勛圖厙 Waterloo for yourself: 

Tuition and Funding

Tuition Fees

Regardless of the type of graduate degree program you intend to pursue, financial planning is important. At 勛圖厙, we want to provide you with as much information as possible about a variety of scholarship and funding opportunities and equip you with the skills to manage your finances effectively in the years to come.

2025/2026 Tuition Fees*

Per Course

Total

MMA/MFin Double Degree (Domestic)

$2,864
(20 courses)

$57,280

MMA/MFin Double Degree (International)

$4,887
(20 courses)

$97,740

   

*Tuition fees are reviewed each spring and are subject to change. 勛圖厙 may revise tuition and program details without notice.

Scholarships and Bursaries

We are pleased to offer a limited number of entrance scholarships, ranging from $1,000 to $15,000, for outstanding applicants. All applicants are automatically considered. Scholarships will be awarded based on academic excellence; no additional application is required. 

勛圖厙 students have an opportunity to be matched with scholarships, awards and bursaries by filling out the General and Faculty-specific Profile at the start of their program. We encourage all students to apply early to be considered for endowed scholarships, bursaries and awards. Learn how to apply here:  

Please note: Students in the MFin/MMA double degree program are not eligible for funding through the Ontario Student Assistance Program (OSAP). 

 

Michael Pavlin
“I got a job offer the same day I finished my last exam. The career centre helped me a lot – with networking events and information sessions. The 勛圖厙 network is strong - my manager is from 勛圖厙, the posting was put on the 勛圖厙 website – being a 勛圖厙 graduate helped me a lot in getting this job.”
Shuming Zhu (MFin '21)

Get Career Ready

勛圖厙 Career Centre

Whether you’re continuing your academic journey or transitioning from the workforce, is here to help you thrive. We provide guidance to explore career paths both within academia and beyond. From crafting standout resumés, CVs, and cover letters to mastering effective job search strategies, we offer resources tailored to your needs.

As a graduate student, your schedule is full but investing in career development during your studies can set you up for long-term success. Let us help you build the skills and confidence you need to transition seamlessly into your professional career.

Your Path to Post-Degree Success

is 勛圖厙's professional skills development training program for graduate students. The program helps you craft an individualized, extracurricular learning plan tailored to your professional journey and entry to the workplace.

Contact Us

We're Here to Help

Recruitment Inquiries
Connect with our Graduate Program Recruiters:
Brenda Burns & Victoria MacKenzie
lazaridisgradprograms@wlu.ca

Admission Inquiries
(for applications in progress and enrolled students only):

lazaridisgradoffice@wlu.ca

Academic Director, Master of Finance
Diego Amaya, PhD
Associate Professor

Academic Director, MSc in Management Analytics
Mojtaba Araghi, PhD
Associate Professor

View a complete list of all faculty and staff in the Lazaridis School of Business and Economics.

One-on-One Pre-Application Consultation

Thinking about applying? Domestic applicants can book an on-demand  with us anytime.

International applicants need to attend a  before scheduling a one-on-one consultation.

All applicants will receive helpful updates, resources and support to guide them through the process.