MBA with complete CFA integration

Our flagship program, MBA in Investment Management, is the world’s only MBA program that fully integrates the requirements of the CFA program into its curriculum and is continuously updated to reflect changes in the market. Offered in the heart of Toronto and Montreal’s financial districts, this program is designed to expose students to current market trends and strategies in investment management. The core lecture material is developed in tandem with the CFA’s Candidate Body of Knowledge on a yearly basis. To accommodate the work schedules of our students, our classes are taught on Wednesday evenings (6:30 - 9 p.m.) and Saturdays (9 a.m. - 3 p.m.).

CFA Designation

Regarded as a passport to entry or advancement within the investment management profession, the Chartered Financial Analyst® (CFA) designation is recognized worldwide as the gold standard of the business community and is synonymous with the highest level of competence, investment knowledge, professional ethics and corporate standards.

Admission

Admission Requirements

Application form: A completed electronic application form must be submitted. Please read the Online Application Guide for a smoother application process. Payment of a $100 CDN non-refundable application fee payable by VISA or MasterCard, must be received before your file can be reviewed.

Bachelor’s degree: An undergraduate degree, preferably in business (GPA 3.0 or higher, equivalent to a 75% overall average) is required. Official transcripts must be sent directly to the Admission Application Centre. All transcripts should be in the original language. If you submit certificates in a language other than English or French, you must submit a copy translated into either English or French by a certified translator.

GMAT results: Generally, we look for an overall score of 550 or higher. Test results must be sent directly to the Admissions Application Centre from the examination board. Results more than five years old will not be accepted. Our institution code for the GMAT is 93H-0N-73, please go to MBA.com for details. Exemption: GMAT is not necessary for admission if one passes CFA® level I exam.

English Proficiency: Applicants whose primary language is not English and who do not meet one of the proofs of proficiency listed below must write an English proficiency test, regardless of their citizenship.

Quebec applicants who have completed a Diploma of Collegial Studies (DEC) and a university degree in Quebec;

A minimum of three full years of study either at the undergraduate or graduate level in an institution where the sole language of instruction is English.

Minimum English Proficiency Score

• TOEFL iBT overall score 90 and no part under 20
• IELTS overall band score 6.5 and no part under 6.5

Test results must be reported directly to the Admissions Application Centre by the test centre. TOEFL and IELTS scores are valid for up to two years after the test date. The institution code is 0956 for both tests.

Statement of Purpose: This letter, approximately 500 words, must include personal commentary regarding your knowledge of the CFA Program and discussion of your ability and commitment to devote sufficient time to your academic studies.

Two Reference Letters: These letters, from academic or professional contacts, must confirm your ability to handle graduate level studies. A suitable referee is an individual who is well acquired with your education and abilities, e.g. your former professors or your employers. Please note, academic referees also need to do an Academic Assessment Form in additions to the reference letter.

Proof of citizenship: Canadian citizens and permanent residents, a copy of both sides of your Canadian citizenship card, permanent residence paper (IMM-1000) or permanent resident card is required. International applicants will be required to submit a Study Permit and CAQ only after they have received an offer of admission.

Please note: Space is limited to 30 students per city in Toronto and Montreal. Acceptance is granted on a first come, first served basis. Early applications are encouraged and can be made any time before June 15 for Canadian students and February 28 for international students. Under exceptional circumstances, files may be reviewed after that date. Please contact us to find out. Once accepted into the Program, a non-refundable CA $2,000 confirmation deposit is required in order to reserve your place in the class.

Proof of acceptance into the CFA Program must be received by our office by August 31 of your first academic year. Work experience is preferred, but is not required for admission to the MBA in Investment Management program. However, it is a requirement for the CFA Program.