About Master’s Program,
The Master of Business Economics (MBE) Program is an interdisciplinary program offered by the Department of Economics in the Faculty of Social Science in collaboration with the Goodman School of Business.
The program combines academic learning with practical experience through two Co-op work terms and the academic course work covers a broad range of areas such as economic theory, econometrics and aspects of economics and business administration including international payments, industrial organization, finance, business strategy, marketing and human resource management.
Recent MBE students are pursuing careers with Employment and Social Development Canada, Canada Mortgage and Housing Corporation, Scotiabank, Royal Bank, Ontario Ministry of Transportation, Ministry of the Solicitor General, Competition Bureau, Service Canada, Statistics Canada and Walker Industries.
We have a number of graduates who have also decided to pursue a Ph.D. in Economics at McMaster, Ottawa, and Guelph, to name a few.
Master’s Program Degree Eligibility with GPA,
To be considered for admission to a Master’s program, a student will normally hold a four-year degree, or its equivalent, from an accredited university with a minimum 75% (mid-B) average over the last two years of full-time undergraduate study.
Some graduate programs may have additional or higher admission requirements. Check the specific admission requirements for the graduate program to which you wish to apply. You can also refer to the graduate calendar for additional information.
Candidates who do not meet the admission requirements may be recommended to upgrade. At the successful completion of the upgrading year, students may be reconsidered for admission into the master’s program.
Master’s Funding Coverage,
Information on tuition fees and ancillary fees can be found by visiting this link. Note that students doing a coop term are not charged the full fees. Instead a coop fee is charged.
For 2024-2025, MBE students will receive a funding package that typically contains:
Graduate Fellowship: $8500 (domestic) and $15500 (internationals) paid over 3 terms, applied directly to tuition.
Graduate Assistantship: approximately $8600 for 2024-25 (this is employment income, and is paid bi-weekly to your personal bank account; for two terms. The Graduate Assistantship provides payment for you being a Graduate Teaching Assistant. We provide yearly training to all our TA with the aid of the CPI.
Domestic applicants should consider applying for national and provincial scholarships:
Ontario Graduate Scholarship (OGS)
Please note that the funding packages typically do not fully cover the tuition fees nor the living expenses and that the amounts may change.
Application Requirement,
Check the university requirements and the program requirements.
Complete the online application and submit the non-refundable application fee.
You will need to submit your transcripts as well as the following program-specific materials:
Three academic references are required.
A Statement of Intent: a one-page statement outlining your objectives in undertaking graduate study. List on a separate page any research, teaching or work experience related to your proposed graduate study.
Curriculum Vitae: This should include the applicant’s education, employment, three employment references, publication, teaching and research activities, and experience.
English Language Proficiency Requirement (if applicable): TOEFL 620 or TOEFL CBT 260 (with TWE of 5.0 or above), TOEFL iBT of 105, or IELTS score of 7.5-9.0, or ITELP score of 600, or CAEL score of 70-80.
The Co-op office will complete a 10-15 min. personal or phone interview with short-listed applicants.
Application Deadline,
Feb 28, 2025
Application Fee,
$110 CAD – MA, MBE, MSc, MS or PhD