Top Canadian Universities for Economics!
Here you will find comprehensive information on the Top Canadian Universities for Economics , which are internationally and nationally renowned for providing the finest economics education and degrees.
Also read: 10 Best Information Technology Universities in Canada
List of the Top Canadian Universities for Economics
The following is a list of the Top Canadian Universities for Economics:
-
Department of Economics, University of Toronto
-
Vancouver School of Economics, University of British Columbia
-
Department of Economics, York University
-
Department of Economics, Western University
-
Department of Economics, University of Alberta
-
Department of Economics, Simon Fraser University
-
Department of Economics, McGill University
1. Economics Department, University of Toronto
The University of Toronto is first on our list of the Top Canadian Universities for Economics , and according to US News globe Report, it is ranked 24th in the globe for economics in the Global Subject Rankings.
The economics faculty at the University of Toronto teaches and conducts research on a wide spectrum of topics, including theory, applied data analysis, and econometric methodology.
Over 1,800 undergraduates, 70 masters students, and 15 doctoral students are enrolled in the program. The faculty offers undergraduate and graduate (masters and PhD) degree programs.
Entrance Requirement
These are the requirements for admission to an economics program at the University of Toronto:
- Applicants whose native language is not English are required to pass an English language proficiency examination.
- Students from outside Canada must possess a legitimate study permit.
- Calculus and vectors are required coursework for undergraduates.
- For graduate students, an appropriate bachelor’s degree with a minimum B- (75%) grade in the program’s final year.
- Domestic graduate applicants must submit GRE scores, while international applicants must submit GMAT scores.
- In addition, graduate students must complete a full year of calculus, intermediate microeconomics, intermediate macroeconomics, and statistics courses.
- The application fee is CDN$90 for undergraduates and CDN$120 for graduate students.
2. University of British Columbia and Vancouver School of Economics
The economics department at the University of British Columbia is known as the Vancouver School of Economics. It is one of the Top Canadian Universities for Economics and is ranked 25th in the world in its field, just behind the University of Toronto.
The Vancouver School of Economics engages in a significant amount of research and offers both undergraduate and graduate degrees.
Experts in economics, finance, and international commerce impart their knowledge to students from Canada and over 50 other nations. Students will develop research, analytical, and creative thinking skills, the ability to communicate complex economic issues orally and in writing, the ability to learn or solve complex local, national, and international economic problems, as well as other knowledge that will help them succeed in the labor market.
Admission Standards
- All prospective candidates must take the TOEFL/IELTS and submit their scores to demonstrate English language proficiency.
- Prospective undergraduates must have a minimum grade point average of 70 percent in pre-calculus and English in 12th grade; other required courses include Language Arts, Mathematics and Computation, and Social Studies.
- All prospective international pupils in Canada must possess a valid study permit.
- Graduate applicants are required to have completed two semesters of intermediate microeconomics, one semester of intermediate macroeconomics, and two semesters of statistics, econometrics, and calculus.
- International graduate applicants must take the GRE and submit test scores, with a minimum quantitative score of 160 and an analytical section score of 3.5; the GMAT is not required.
- The non-refundable application fee for graduate applicants is CDN$102 for domestic applicants and CDN$165 for international applicants.
- The undergraduate application fee is CDN$71.75 for domestic applicants and CDN$120.75 for international applicants.
3. Economics Department at York University
The economics department at York University is one of the Top Canadian Universities for Economics and the globe. It is part of the Faculty of Liberal Arts & Professional Studies and offers programs at the undergraduate and graduate levels.
The department of economics at York University employs standard top professionals to equip students with the analytical skills necessary for understanding and resolving complex economic problems, as well as the ability to evaluate economic theories and interpret economic behavior through the use of empirical testing and data collection.
Admission Standards
Prospective students interested in enrolling in the economics program at York University must meet the following admission requirements, which apply to both international and domestic students at the undergraduate and graduate levels. These prerequisites are;
- Undergraduate applicants must have completed high school and possess a high school diploma, with English 12 and four additional academic subjects in Grade 12.
- All applicants must possess a legitimate student visa (study permit) for Canada.
- Applicants from non-English speaking countries are required to take an English language proficiency exam, such as the IELTS or TOEFL.
- A master’s degree in economics with a B+ average and excellent performance in macroeconomics, microeconomics, and econometrics is required for doctoral applicants.
- Master’s applicants must have completed a 4-year honours baccalaureate degree (with at least a B average in the final two years) and one semester each of linear algebra, calculus, statistics, and econometrics, as well as two semesters of intermediate macroeconomics.
- Each applicant must pay a $130 Canadian application fee.
Also check: Top 8 Data Analytics Certifications To Boost Your Career
4. Economics Department at Western University
The economics department at Western University is one of the Top Canadian Universities for Economics , with an international reputation for teaching and research excellence, and offers both graduate and undergraduate degree programs.
Admission Standards
To enroll in a Bachelor’s or Master’s degree program in Economics at Western University, applicants must meet the following criteria.
- Masters applicants must hold a four-year bachelor’s degree in Economics or Finance/Business from an accredited university, with intermediate to advanced level microeconomics, macroeconomics, and econometrics, as well as quantitative disciplines such as mathematics, statistics, and actuarial science.
- A minimum GPA requirement of 3.14 for applicants to graduate school.
- International graduate applicants are required to submit GMAT or GRE scores
- Applicants whose native language is not English are required to take either the IELTS or the TOEFL.
- All grade 12 academic subjects and other admission requirements specific to the educational jurisdiction in which you studied must be completed by undergraduate applicants.
- A authorized study permit for Canada for international students
5. Department of Economics, University of Alberta
The economics department at the University of Alberta is one of the Top Canadian Universities for Economics and is internationally recognized for its research, teaching, and service in economics. The 1964-founded department seeks to create and disseminate economics knowledge for the benefit of society and the world as a whole.
This department offers both undergraduate and graduate degree programs, including labour economics, public finance, masters in economics and finance programs, international economics, resource and environmental economics, and development economics, among others, and up to 8,000 students enroll in economics courses annually.
Admission Standards
Below are the University of Alberta’s admission requirements for international and domestic candidates who wish to pursue an economics degree at the bachelor’s, master’s, and doctoral levels.
- All applicants, regardless of country of origin, must pass the English proficiency examination with a score of at least 90 on the TOEFL or 6.5 on the IELTS.
- English Language, Fine Arts/Humanities/Math, and Sciences are required for applicants to undergraduate programs.
- All applicants from outside Canada must possess a legitimate study permit.
- GRE required for all international graduate students
- Graduate applicants must have earned a minimum 3.0 GPA in a four-year bachelor’s degree program.
- For prospective graduate students, the undergraduate degree should include advanced coursework in microeconomics, macroeconomics, and econometrics, as well as introductory-level calculus and statistics.
- The University of Alberta’s economics program requires an application fee of $100 for graduate students and $125 for undergraduate students.
6. Economics Department at Simon Fraser University
The economics department at Simon Fraser University is one of the Top Canadian Universities for Economics and is also recognized internationally. The department’s dynamic teaching and learning environment is brimming with creativity, talent, and global connections, equipping students with the abilities to develop tools for systematizing their worldview.
The economics department at SFU offers undergraduate and graduate degree programs to both Canadians and international students from all over the globe. Below are the admissions requirements for this illustrious department.
Admission Standards
- Every candidate must provide evidence of English language proficiency
- A minimum grade of 60 percent or a C in senior-level pre-calculus, mathematics, or any math subject; a minimum of five approved grade 12 courses, including English Studies 12 (minimum grade of 70 percent) or the equivalent for undergraduate applicants.
- Applicants for graduate school are required to take the GRE.
- Masters applicants must have earned a bachelor’s degree in economics or a related discipline with a 3.0 GPA, whereas doctoral applicants must have earned a master’s degree with a 3.5 GPA.
- The graduate application fee is CAD90 for domestic applicants and CAD125 for international applicants, while the undergraduate application fee is CAD81.
7. Economics Department at McGill University
The economics department at McGill University is one of the Top Canadian Universities for Economics , offering quality education at the undergraduate, master’s, and doctoral levels, all taught by internationally renowned scholars.
The economics program at McGill University trains and equips students with mathematical and statistical skills, institutional and historical knowledge, and additional general analytic and deductive abilities. At McGill University, you can pursue your preferred economics degree program if you meet the admissions requirements.
Admission Standards
Here you will find the specific admission requirements for economics programs at the undergraduate, master’s, and doctoral levels for both international and domestic applicants. These admission criteria are;
- All candidates must provide evidence of English language proficiency.
- All applicants must possess a valid Canadian student visa.
- Undergraduate applicants must demonstrate proficiency in English or French, calculus and vectors, biology/chemistry/physics.
- Master’s applicants must have earned a bachelor’s degree from an accredited institution with a minimum 3.0 GPA.
- A doctoral applicant must hold a master’s degree in economics from an accredited institution.
- Graduate applicants must have completed or be in the process of completing three terms of calculus I and at least one term of linear algebra.
- Graduate applicants from abroad must take and submit GRE scores.
- The undergraduate application charge is $114.37, and the graduate application fee is $117.35.
FAQs On Top Canadian Universities for Economics
Is Canada a good place to study economics?
Canada has some of the best economics universities in the world, providing quality education to students through multiple programs with internationally recognized curricula and ready access to cutting-edge knowledge.
How many years does it take to study economics in Canada?
Four-year Bachelor's degree in economics or related field. Students with knowledge of microeconomics, advanced economic theory, econometrics, mathematics, and statistics are always preferred.
Is economics in demand in Canada?
The employment outlook will be good for Economists and economic policy researchers and analysts (NOC 4162) in Ontario for the 2022-2024 period.
What do economists do in Canada?
Economists consider how individuals value goods and services and how markets and other mechanisms allocate resources. They conduct research, monitor data, analyze economic information, and prepare reports and plans. They analyze potential impacts of changes in policy or economic conditions.
Also read
- Top 15 Canadian Universities Without Application Fees
- Top Research Universities in Canada with their Full Details
- Top High Schools in Canada for International Students
- Top 1 Year Masters Programs in Canada
- 15 Top Law Schools Forum
- 15 Ivy League Universities In Canada
- 10 Top Dance Boarding Schools In The USA