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With these degrees, including the country's only Master of Accounting and Finance (MAccFin), you will maximize your career flexibility and be ready for positions of leadership in global accounting and finance. Your courses will prepare you for professional designations, including Chartered Professional Accountant (CPA), Chartered Financial Analyst (CFA) or Association of Chartered Certified Accountants (ACCA).
Go to University of Toronto
Management and Accounting + Master of Accounting and Finance
Duration 5 year(s)
Tuition Fee
CAD 68,700 / years
Next Intake September-2026
Management and Accounting + Master of Accounting and Finance
About
Requirements
Entry Requirements
Proof of high school diploma
diploma requirements vary by country and school system
diploma requirements vary by country and school system
Required Grade 12 courses
- English
- Advanced Functions
- Calculus and Vectors
Approximate grade requirements
- Minimum 70% English
-
Mid 80s overall
-
Mid to high 80s overall (co-op)
Supplementary application
This program requires a supplementary application (SAF). The SAF is a written form, giving you the opportunity to tell us about yourself,
your lived experience and any extracurriculars you want to highlight. An interview may follow SAF submission.
English Program Requirements
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.
Career
Career outcomes
94%
of Business and Commerce graduates are employed two years after graduation (HEQCO).
Careers
- Accountant
- Auditor
- Business Analyst/Associate
- Credit (Risk) Analyst/Sales Analyst
- Financial Analyst/Internal Control Analyst
- Financial Controller/Money Manager
- Financial Planning/Budget Coordinator
- Investment Advisor/Investment Banker
- Consultant/Sales Analyst
- CFO/VP Finance
Further education
- Accounting (CPA/ACCA)
- Strategic Management
- International Business
- Canadian Securities Course
- Project Management
Admission requirements
Ontario high school
Ontario Secondary School Diploma (OSSD)
at least six (6) grade 12 “U” or “M” courses
at least six (6) grade 12 “U” or “M” courses
Required Grade 12 courses
- English
- Advanced Functions
- Calculus and Vectors
Approximate grade requirements
- Minimum 70% English
-
Mid 80s overall
-
Mid to high 80s overall (co-op)
Supplementary application
Learn more about applying as an Ontario high school student
This program requires a supplementary application (SAF). The SAF is a written form, giving you the opportunity to tell us about yourself, your lived experience and any extracurriculars you want to highlight. An interview may follow SAF submission.
Canadian high school
Proof of high school diploma
diploma requirements vary by province
diploma requirements vary by province
Required Grade 12 courses
- English
- Advanced Functions
- Calculus and Vectors
Approximate grade requirements
- Minimum 70% English
-
Mid 80s overall
-
Mid to high 80s overall (co-op)
Supplementary application
This program requires a supplementary application (SAF). The SAF is a written form, giving you the opportunity to tell us about yourself,
your lived experience and any extracurriculars you want to highlight. An interview may follow SAF submission.
International high school
Proof of high school diploma
diploma requirements vary by country and school system
diploma requirements vary by country and school system
Required Grade 12 courses
- English
- Advanced Functions
- Calculus and Vectors
Approximate grade requirements
- Minimum 70% English
-
Mid 80s overall
-
Mid to high 80s overall (co-op)
Supplementary application
This program requires a supplementary application (SAF). The SAF is a written form, giving you the opportunity to tell us about yourself,
your lived experience and any extracurriculars you want to highlight. An interview may follow SAF submission.
Other applicants
Applicants in unique circumstances
Are you a mature student, transfer student, CEGEP student, or wondering about a different circumstance?
Find your application pathwayFluent in English
Proof of English language proficiency may be necessary.
More info about English Language ProficiencyApplication deadlines
Domestic students
Domestic student deadline
| Admission category | Program start | Early application date | Application deadline | Document deadline |
|---|---|---|---|---|
| Management | Fall 2026 | November 7, 2025 | January 15, 2026 | February 2, 2026 |
International Students
International student deadline
| Admission category | Program start | Early application date | Application deadline | Document deadline |
|---|---|---|---|---|
| Management | Fall 2026 | November 7, 2025 | January 15, 2026 | February 2, 2026 |
First year fee estimates
Please note: these estimates may change based on individual student needs and program requirements. They are meant to help you plan for university and are not guaranteed until identity documents are verified, usually at the time of course enrolment. All costs are in Canadian dollars.
Domestic Ontario resident students
Core fees Tuition, school supplies, student fees, health insurance
$10,220 to $11,220
Co-op program fees For students in the co-op stream of a program
$1,010 to $3,032
Optional fees Housing, meal plan
$15,750 to $23,770
Grand total first year fees
$10,220 to $38,000
Please note: Years 2, 3, and 4 tuition fees are higher than first year fees for Management programs. Look at the detailed cost breakdown and plan accordingly.
Financial aid, scholarships, and bursaries available for Ontario students
Domestic students outside Ontario
Core fees Tuition, school supplies, student fees, health insurance
$11,310 to $12,310
Co-op program fees For students in the co-op stream of a program
$1,010 to $3,032
Optional fees Housing, meal plan
$15,750 to $23,770
Grand total first year fees
$11,340 to $39,110
Please note: Years 2, 3, and 4 tuition fees are higher than first year fees for Management programs. Look at the detailed cost breakdown and plan accordingly.
Financial aid, scholarships, and bursaries available for Canadian students
International Students
Core fees Tuition, school supplies, student fees, health insurance
$67,700 to $68,700
Co-op program fees For students in the co-op stream of a program
$1,010 to $3,032
Optional fees Housing, meal plan
$14,700 to $23,700
Grand total first year fees
$67,700 to $95,500
Please note: Years 2, 3, and 4 tuition fees are higher than first year fees for Management programs. Look at the detailed cost breakdown and plan accordingly.
Scholarships and bursaries available for International students
Common terms
Domestic student
To qualify as a domestic student, you must have the following status in Canada:
- Canadian citizen
- permanent resident
- protected person (e.g. refugee)
- Indigenous (First Nations, Inuit, Métis)
Ontario resident student
An Ontario resident student is either:
- a dependent student whose parent's primary residence is in Ontario
- an independent student whose primary residence is in Ontario, and Ontario is the last province in which they have lived for 12 months in a row prior to being a post-secondary student
Why study Management and Accounting + Master of Accounting and Finance at U of T Scarborough
Two degrees in five years
Earn two internationally recognized, prestigious degrees in five years from Canada’s top university.
Top-notch facilities
Grow your skills in The BRIDGE, our state-of-the-art academic hub dedicated to supporting you in your management studies.
Beyond the classroom
Gain practical experience using highly sought-after, transferable skills, within and outside the classroom.
Student testimonials
I was called by name on a campus tour—that small, initial moment made me feel seen. I found more than a university. I found purpose, community, and a place where I could grow as a leader. From the start, the campus felt different right away—it felt like a community that truly welcomed me.
Brenda Sanchez Zacateco, 2nd year Management and International Business (Specialist, Co-op
Ready to apply?
Applications must be submitted through the Ontario University Application Centre (OUAC). You will need to know the admission category and OUAC code for the program you are applying for.
Admission category
Management
Management
OUAC code
TSM
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Fee Information
Tuition Fee
CAD 68,700Application Fee
CADManagement and Accounting + Master of Accounting and Finance
University of Toronto
Canada,
Toronto
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