Key information
- Duration: Full-time; 48 months (5 years if entering with a bachelor's)
- Start date: September 2027
- Application deadline: Apply before January 2027
- Language: English
- Delivery: On campus
- Campus location: Toronto, Canada
- Discipline: Economics
Overview
Outcomes
Graduates of the Economics programs at the University of Toronto have obtained desirable university positions, responsible employment in the public sector, and in private industry. Because of the size and diversity of the department’s faculty, students can readily specialize in almost any area of interest in economics.
Programme Structure
Fields of study include:
- Economic Theory
- Behavioural and Experimental Economics
- Econometrics
- Economic Development
- Economic History
- Financial Economics
- Industrial Organization
- International Economics
- Labour Economics
- Public Economics
Career outcomes
Based on LinkedIn alumni data for graduates from 2018 to 2024: total alumni 7,654. Common areas include Finance (19%), Business Development (13%), Research (10%), Education (9%), Operations (8%), and Other (42%).
Admission requirements
Academic requirements
- GPA: B+
- GRE: Required
English requirements
- TOEFL iBT: 93
- IELTS: 7
Other requirements
- Minimum B+ standing in an MA program in economics. Admission is competitive, so accepted applicants will normally have achieved a standing considerably higher than the minimum B+.
- A strong preparation in advanced mathematics, statistics, and economics, including successful completion of MA-level microeconomic theory, macroeconomic theory, and econometrics.
- Applicants who do not hold a degree from a Canadian university must submit an official Graduate Record Examination (GRE) General Test score.
Fees and funding
Tuition Fees
International: 6,320 AUD / year (approximately 6,210 CAD / year).
Domestic: 6,320 AUD / year (approximately 6,210 CAD / year).
Living costs
Toronto, Canada: 1,529–2,608 AUD / month. Living costs include accommodation, public transportation, utilities (electricity, internet), books, and groceries.
Funding
PhD scholarship opportunities are available for Economics.
