Study Finance in Canada
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Finance Studies in CanadaAs a wealthy country that consistently ranks high on the Economic Freedom Index, Canada is the perfect setting for finance students looking to study abroad for a semester or year. Most of Canada’s largest cities, including Toronto, Vancouver and Montreal, are home to universities that are now offering international students the opportunity to study and live in Canada for a semester, year or summer session while earning credits towards their Bachelor or Master’s degree in finance.
Canada is a sovereign country consisting of ten provinces and three independent territories. Occupying the northern portion of the North American continent, Canada is a vast and beautiful country, stretching from the Atlantic Ocean in the east to the Pacific Ocean in the west and northwards to the Arctic Ocean. Its southern border, which it shares with the United States, is the world’s longest continuous land border between two nations. At nearly 10 million square kilometers, Canada is the second-largest country in the world (after Russia) in total area, but with a population of just 35 million it is also one of the least-densely populated countries on the planet.
Canada is organized as a federal parliamentary democracy and a constitutional monarchy, with Queen Elizabeth II serving as its head of state. The nation is officially bilingual, with both English and French serving as national languages, the latter of which is spoken mostly in the province of Quebec and in pockets of Nova Scotia. Canada has an excellent system of education, one that is effectively modeled after that of the United States and very similar in quality. The country boasts a number of fine institutions of higher learning, offering degrees at the undergraduate, graduate and post-graduate level, as well as advanced specialty degrees in fields such as medicine, dentistry and the law.
Finance Education in Canada
Finance is an important area of study throughout the world, and Canada is certainly no exception. Individuals who attain degrees in this field are consistently in high demand by various types of businesses and corporations. In Canada, degrees in finance are offered at various levels, including the Bachelor of Finance degree and the Master’s of Finance degree, the former typically spanning four years for full-time students and the latter usually consisting of an additional two years following the undergraduate degree.
Students in Canada’s Finance degree programs are required to take courses across a broad range of subjects, including accounting, finance, business and even humanities. In the accounting-related courses, students are taught valuable skills that are vital to a finance major’s professional success, including journaling, keeping ledgers, filing statements, stock market knowledge and more.
During the course of their finance studies, students will learn about finance theory and the various principals that guide it. They will be taught important financial concepts such as:
- Financial Analysis
- Risk Management
- Capital investments analysis
- The capital structure of firms
- And more…
Master’s degree programs also involve courses in economics and economic systems, in which students will explore topics such as unemployment, inflation, employment theory, taxation, banking systems and government expenditures. Humanities courses will also come into play during a student’s finance instruction, with courses like the History of Finance and composition, a course that will later assist finance professionals who are regularly asked to submit reports and perform research.
To graduate with a Master of Finance Degree all students will need to complete either an original Master’s thesis or capstone project and present their findings to the faculty.
Why Study Abroad in Canada
The universities in Canada and the faculty that staff them are both exemplary, guaranteeing international students a well-rounded educational experience and an opportunity to learn alternate perspectives in the study of the finance discipline. While studying in Canada students will have the chance to meet and befriend like-minded individuals from around the world and be exposed to the rich, warm Canadian culture. When not busy with their classroom studies, international students will have ample time to explore some of the towns and cities of Canada and visit all of the fun and fascinating sites and attractions they offer. To illustrate this, below we have described just a few of the many exciting Canadian destinations that are popular among tourists.
The largest city in the Alberta province, Calgary is situated between the Canadian Prairies and the foothills of the Canadian Rockies. After oil was discovered nearby in the early 1900s, Calgary boomed into what is now one of Canada’s largest metropolitan areas, attracting thousands every year to its world-famous rodeo event, the Calgary Stampede.
Although it may only be home to some 1,000 residents, the beautiful town of Churchill, Canada consistently draws huge crowds every year to see its most famous inhabitants: the polar bears. Nicknamed the “Polar Bear Capital of the World,” Churchill is located in the Manitoba province on the Hudson Bay shore. In addition to polar bears, Churchill is also a popular place for viewing beluga whales, birds and the aurora borealis.
Situated between the Coast Mountains and the beautiful blue waters of the Pacific Ocean, Vancouver, located in the province of British Columbia, is favored by tourists for its majestic landscapes that together form a natural playground where tourists can swim in the ocean, rollerblade through scenic parks and snow ski in the mountains all in one day. The third largest metropolitan area in the country, Vancouver is one of the most popular destinations to visit in the country of Canada.