Accounting and Finance

The Master of Accounting and Finance (MAccFin) is the first program of its kind in North America. The MAccFin delivers a world-class, practical education experience that prepares students for careers in professional practice, corporate management, financial services, consulting, and entrepreneurship. MAccFin students are prepared for the Canadian Chartered Professional Accountant (CPA) or Association of Chartered Certified Accountants (ACCA) and Chartered Financial Analyst (CFA) designations. Students are also offered a co-op internship to incorporate paid work experience into their academic studies. The program caters to students who aspire to leverage the interconnectedness of accounting and finance to become leaders in the global business world.

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the additional admission requirements stated below.

• An appropriate four-year undergraduate degree with a specialization in accounting or finance or equivalent, with a minimum overall average of a mid-B in all core courses. Admission to the program is extremely competitive, and meeting the minimum overall average does not guarantee admission.

• Applicants whose primary language is not English and who graduated from a university where the language of instruction is not English must achieve:

  • A Test of English as a Foreign Language (TOEFL) score of at least 580 overall on the paper-based test and 5 on the Test of Written English (TWE); 100/120 on the Internet-based test and 22/30 on the writing and speaking sections.

  • In special circumstances, a minimum score of 7.0 on the International English Language Testing System (IELTS) may be considered for admission.

• Applicants who plan to pursue the Canadian Chartered Professional Accountant (CPA) designation upon completing the MAccFin must meet the undergraduate prerequisite requirements set out by CPA Canada for entry into the CPA Professional Education Program. Please contact the Graduate Department of Management for details.

• Applicants who plan to pursue the Association of Chartered Certified Professional Accountants (ACCA) designation upon completing the MAccFin must meet the undergraduate prerequisite requirements for at least the Applied Knowledge Level as set out by ACCA. Please contact the Graduate Department of Management for details.

Duolingo English Test:Tests completed on or after July 1, 2024: Overall score of 120 with a score of 120 in production.

Tests completed before July 1, 2024: Overall score of 120, with no subscore below 100.

International Baccalaureate English:A minimum score of at least 4 (predicted or final) in Higher Level or Standard Level English A: Literature or English A: Language and Literature. English B Higher Level is not acceptable. Learn more about IB English.

International English Language Testing System (IELTS):The minimum requirement is an overall band of 6.5, with no band below 6.0. Results from IELTS (Academic) for UKVI test sittings are accepted. Learn more about IELTS.

Note: We do not accept the IELTS Indicator test or results from the IELTS One Skill Retake. Applicants must achieve the scores listed above on a single date.

Pearson Test of English (PTE) Academic:The minimum requirement is an overall score of 65 with no part below 60. Results from PTE (Academic) UKVI test sittings are accepted. Learn more about PTE.

Test of English as a Foreign Language (TOEFL):Tests completed before January 21, 2026:

- The minimum requirement is a total score of 89 with 22 in each of Speaking and Writing
- Applicants must achieve the scores listed above on a single date. TOEFL MyBest (super-scored) results will not be used.

Effective January 21, 2026 there will be a new TOEFL scoring format. Admission requirements for the new scale are under review and will be posted once finalized.

Paper based test: Tests will be reviewed on an individual basis. Learn more about TOEFL

We do not accept TOEFL Essentials, TOEFL ITP or TOEFL ITP Plus for China for admission purposes.