PGDM in Finance in Canada

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A PG Diploma in Finance can be summed up as a brief and focused 1–2 year program. well-organized to aid pupils in gaining deep financial understanding and proficiency. The country has consistently ranked among the most well-known and popular places to study for degrees in finance. It gives international students a top-notch education and a promising future after graduation. This article explores how earning a PG Diploma in Finance in Canada might help you land interviews with some of the top recruiters worldwide. We will also discuss important facts, such as the top colleges.

Perks of pursuing a PG Diploma in Finance in Canada


One might be confused if a Master of Finance is right or a PGDM in Finance. In this blog, you will find why a PG Diploma in Finance could be right for you.

  • A PG Diploma in Finance from Canada offers a strong curriculum and significant industrial exposure, these programs are well-regarded globally and are a top choice for foreign students. 
  • You are already aware of how well-known the Canadian continent is for providing exceptional educational opportunities to international students. A postgraduate degree is no different, as you will receive a world-class financial education while studying in the greatest facilities.
  • There are various specialties you may choose from, including professional financial services, financial planning, insurance management, financial analytics, etc.
  • After earning your PG Diploma in Finance in Canada, you might choose to pursue and be adequately prepared for a master's degree in finance.
  • You have access to a wide range of demanding and well-paying career prospects at some renowned recruiters once you have completed your Canadian finance diploma program.

 Highlights of a Finance  PG  Diploma in Canada


Total Number of Canadian Universities Offering a Finance Diploma

  20 Universities (approx)

Average First-Year Cost for Canadian Finance PG Diploma

  CAD 24200

Top Specializations

Population Health Risk Assessment and Management,  Accounting, Financial Planning, Insurance and Risk Management, Quantitative Business Studies, Finance & Analytics, etc.


Required Exams 


Formal education, graduation, and English language exams like the PTE, TOEFL, or IELTS

Top 10 Universities in Canada Offering a PG Diploma in Finance.

The top 10 Canadian colleges that offer a diploma in finance are shown in the table below. Additionally, the first year's tuition fee has been given. 


  Tuition Fee (1st Year)

McGill University

CAD 12,862

Humber College

CAD 17,618

Conestoga College

CAD 14,500

George Brown College

CAD 15,190

Centennial College

CAD 15,385

Seneca College of Applied Arts and Technology

CAD 15,133

Concordia University

CAD 14,100

University of Ottawa

CAD 25,472

Thompson Rivers University

CAD 22,980

Fanshawe College

CAD 14,750

McGill University

McGill University was established in 1821 and is the city of Montreal's first university. It is a public university that was given its name by Scottish businessman James McGill, who left a trust fund of £10,000 and his 46-acre estate at Burnside Place on Mount Royal for the establishment of a school bearing his name. Ernest Rutherford conducted his Nobel Prize-winning research on the nature of radioactivity at McGill University.

According to Maclean's University Rankings 2022, McGill University has held the top spot for medical doctoral universities in Canada for 17 years running. According to the Impact Rankings and the Times Higher Education (THE) World University Rankings from 2005 to 2022, McGill University is placed 44 and 101–200. In the meanwhile, McGill University is ranked 31 by QS Ranking for 2023.

There are 11 faculties and 14 schools at McGill. 40,000 students from more than 150 countries attend McGill University, which offers more than 400 courses. With more than 31% of its students coming from outside Canada in the academic year 2021–2022, it is one of the most diverse institutions of higher learning in the country. Due to its 50 research centers and institutes, illustrious past, and flourishing 250,000-strong alumni network, McGill University has earned a solid reputation.

Humber College

A public institution in Toronto, Humber College Institute of Technology & Advanced Learning, usually known as Humber College, provides polytechnic education to its students. The biggest polytechnic in Canada, Humber College, helps its students prepare for real-world career settings by providing both academic and practical training. Humber College was established in 1967 as a college of Applied Arts and Technology. Since then, it has grown to include more than 33,000 full-time students. Through its Schools of Applied Arts, Business, Creative Arts, Health Sciences, Human Studies, and Technology, Humber had grown into a complete postsecondary school by the 1970s, offering polytechnic education.

The rankings of Humber College reflect its mission to deliver polytechnic education via polytechnic leadership on a worldwide scale. The Top 50 Research Colleges in Canada report placed Humber College sixth. In 2022, Humber College was rated 74th by Webometrics. The college has also been acknowledged as the top institution in the country for research collaborations.

Conestoga College

One of Canada's top public institutions, Conestoga College was established in 1967. It consistently receives high marks in Ontario for course instruction, student placement, and employer satisfaction, placing it among the top 100 institutions in Canada. Doon Campus is the name of the main campus of Conestoga College. The only institution in Ontario that offers the most academic and workforce development courses, including full-time, part-time, open, degree, diploma, graduate, post-graduation, accelerated, continuous, trade, and apprenticeship programs, is Conestoga College.

Students are given access to the greatest lab and research tools with the most recent technology, application-based education, field research, and career counseling services. There is one faculty member for every 127 pupils. Conestoga provides more degree options than any other institution outside of the Greater Toronto Area, including the only college-based, certified engineering degrees offered in Ontario. It also offers more than 300 career-focused programs.

George Brown College

George Brown College was founded in 1967 and is named for the newspaper owner and politician. George Brown College of Applied Arts and Technology is another name for it. The college's first chancellor was Sally Horsfall Eaton. The college is credited with being the first to introduce a distance learning program. There are now approximately 15,000 international students enrolled in its online education programs.

Numerous courses are offered at George Brown College, including ones in business, art and design, engineering technologies, health sciences, and hospitality. Along with 28 graduate certificate programs, it also provides specialty and diploma degrees. Over 26,000 people attend the college, including 4,000 foreign students. Additionally, it offers possibilities for practical experience, counseling for diploma programs, and personal support and coaching. Moreover, Dr. Colin Simpson's Electronics Technician curriculum has won awards. Additionally, the college was recognized in 2014 as the greatest research institution in the nation and one of Toronto's top employers.

Centennial College

One of the first publicly supported institutions in Ontario, Canada, is Centennial College. It is Ontario's first community college and was established in 1966. The most culturally diversified post-secondary institution in Canada is Centennial College. Over the past 55 years, Centennial College has evolved from a local community college to a global institution, with locations in nations including China, India, South Korea, and Brazil.

Centennial College students are prepared for the workforce since more than 88% of businesses who have hired Centennial grads are happy or extremely satisfied with their hiring, earning the college recognition as one of Greater Toronto's best employers for 2022 by Mediacorp Canada Inc. Across its 5 campuses and 7 specialized academic schools, Centennial College provides more than 160 programs in the form of degree programs, graduate certificate programs, fast-track programs, co-op education, and limited programs. Your program will determine the tuition. However, you may anticipate paying between $16,964 and $21,063 in tuition for a full year (two semesters). It is crucial to keep in mind that overseas part-time students pay $30.34 for postsecondary education and $39.25 for graduate coursework each contact hour.

Currently, Centennial College has over 25,000 full-time students, 14,000 of them are foreign students from all over the world. More than 170,000 proud Centennial graduates of college life across the world.

Seneca College of Applied Arts and Technology

Seneca Institution of Applied Arts and Technology usually referred to as Seneca College, is a public college with its origins in 1967 and is situated in Toronto. With almost 30,000 full-time students enrolled across many campuses, Seneca College has come a long way from its early days of instruction at Woolworth stores and restored factories. Seneca College has been monitoring its performance regarding academic quality, student happiness, employee involvement, enrollment health, and financial sustainability as part of its Strategic Plan.

More than 30,000 full-time students and 60,000 part-time registrants are accepted at Seneca College. More than 7,000 foreign students from more than 150 nations attend Seneca College. The admittance rate for Seneca College is about 85%. Seneca College has an Indian Students Association that plans cultural activities and offers support to other students.

The Seneca College campuses provide a friendly environment where students can select from a variety of extracurricular sports and cultural activities in addition to their academic pursuits. Campuses of Seneca College provide a range of amenities, including lodging, athletics, leisure, a bookshop, catering services, a medical center, etc.

Concordia University

In 1974, Concordia University was founded via the union of two colleges, Sir George Williams University and Loyola College. A public research university called Concordia is situated in the center of Canada's renowned metropolis of Montreal.Concordia University in Canada is known for its adaptive learning style and commitment to examining societal concerns from a broad perspective via both teaching and research. For both local and foreign students, the university is ranked among the best universities and colleges in Canada and Quebec.

The Loyola Campus and the Sir George Williams Campus make up Concordia University, with the latter serving as the main campus. The university's four faculties, graduate program, and various centers, colleges, and other academic institutions set it apart. If you look at Concordia University's ranking, it is now in the top spot in the Top 50 Under 50 of 2022 THE Young University Rankings and QS World University Rankings. Additionally, Concordia was placed second in Canada and among the top 100 universities worldwide in QS World University Rankings' Subject Ranking for 2022 for Art & Design.

With more than 200 graduate and 400 undergraduate programs and courses, the institution aspires to give students who are looking for significant employment prospects a wide range of alternatives. The Concordia University John Molson School of Business has continuously been rated as one of the top 10 business schools in Canada.

University of Ottawa

The Institution of Ottawa is the oldest public research university in Ottawa, Canada, and was founded in 1848. The institution's main campus is situated in Ottawa's Downtown Core and is the biggest multilingual university in the world. One of Canada's top 10 research universities in this institution. According to the QS (Top Institutions), THE (Times Higher Education), and other international university ranking sources, the University of Ottawa routinely ranks among the top universities in the world, according to the University of Ottawa Ranking. Ottawa is one of the top-ranked institutions in Canada and is rated 237 globally according to the QS World University Ranking 2023.

The University of Ottawa has three campuses, one each in Ottawa, Toronto, and Windsor, where prospective students can apply for admission. The main campus is about 100 acres in size and is situated right in the middle of Ottawa. This institution features a sizable campus with more than 300 classrooms, 800 research labs, and more than 100 additional structures. B.Tech., B.Sc., BBA, M.Tech., MBA, and other prominent degrees are among the many that Ottawa University offers. These courses from the University of Ottawa are offered in UG and PG degrees in more than 10 different streams with more than 50 specialties. This university is well-known for its engineering curriculum and has won several accolades for its academic research.


Qualifications for a Postgraduate Diploma in Finance in Canada

  • You need to have an undergraduate degree and have taken topics like calculus, English, advanced functions, and arithmetic to be eligible to apply for a postgraduate diploma in finance in Canada. The required minimums change depending on the university.
  • To demonstrate your English language skills, you should take the IELTS, TOEFL, or PTE examinations. The minimum IELTS score is 6.5.
  • Your GRE or GMAT scores are also required by Canadian universities as part of their admissions process.
  • The required minimums change depending on the university.


Scholarships in Canada for a Postgraduate Diploma in Finance

Scholarship Name


Scholarship by

   Amount in CAD
C Douglas Mellor PrizeMcGill University


Kenneth F Byrd PrizeMcGill University


International Entrance ScholarshipHumber College


Vice Chancellor’s ScholarshipYork University

Between 10000 and 20000

Vanier Canada Graduate Scholarships ProgramNational Government of Canada50000

Finance Diploma in Canada Cost

The typical first-year tuition price and annual living expenses are listed below. In addition to these, a student must pay other fees such as a visa fee, an application fee, travel expenses, etc. Only a student's lifestyle and location will determine the cost of living.


  Amount in CAD

Rent in a shared flat


Share of utilities


Internet subscription


Local transportation


Cinema ticket


Pint of local beer

Fast food combinations 



Finance Diploma in Canada Visa for students

A student will require a student visa to study for a Diploma in Finance in Canada. Students must first apply for a temporary residence visa. It is provided via Visa Application Centers and granted by the High Commission of Canada. A study permit costs 150 Canadian dollars (including extensions). You must spend CAD 350 to regain your status as a student. Further, students may opt for MBA in Finance if they have valid work experience.

Career After a PG Finance Degree in Canada

A PG Diploma in Finance from the Indian subcontinent will put you on the path to success since the degree is widely regarded all around the world and will open doors for you to pursue careers abroad. Additionally, a graduate's beginning pay is also extremely excellent, coming in at about 60000 CAD annually. Additionally, if you want to, you might choose to pursue a Ph.D. in Finance after graduation.

Job Profile

  Salary in CAD

Chartered Accountant


Financial Manager

60000 - 100000

Financial Controller

57000 - 113000

Project Manager

51000 - 108000

Tax Advisor


Risk Management Director


Financial Analyst

45000 - 78000

Operations Manager

46000 - 106000


Large international corporations may be found in Canada, which also has a robust economy and great living standards. A course in finance may lead to respectable employment chances, and Canadian degrees are well acknowledged. The average annual base wage of a student who has pursued a Diploma in Finance and Accounting is close to CAD 68,000, according to Payscale. The typical pay, according to ca.talent, might be anywhere from $45,538 and $112,030.

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