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Toronto, Canada
The Master of Financial Insurance (MFI) at the University of Toronto's Department of Statistical Sciences, launched in September 2016, is a highly competitive 12-month professional program addressing growing industry demand at the confluence of Data Science, Insurance, and Mathematical Finance. Built on three pillars — data science, financial mathematics, and insurance modelling — the program prepares students to value, hedge, and manage combined financial and insurance risks in an emerging field known as 'finsurance'. Total cost is approximately ₹56,70,602 for Indian students over 12 Months. Recent cohorts have featured an acceptance rate under 10%. Graduates move into highly sought-after roles across finance, insurance, fintech, pensions, and consulting.
The University of Toronto, Canada's top-ranked university, offers specialised finance credentials through both the Rotman School of Management and the Department of Statistical Sciences, based in Toronto, Canada's financial capital.
Explore student life at the University of Toronto's Department of Statistical Sciences, home to a uniquely specialised 'finsurance' program with an acceptance rate under 10%.
Don’t just apply; apply where you belong. Use GradRight’s AI platform to compare programs with other top-tier options based on real student outcomes, costs, and your unique profile.
Compare ProgramsAccess India’s first loan bidding marketplace to get competitive, low-interest education loan offers from 15+ top lenders, tailored to your aspirations.
Compare Loan OffersNavigate international health insurance requirements with ease. Get comprehensive, uni-compliant coverage that protects your health and your budget.
Check Insurance Plans
Don’t just apply; apply where you belong. Use GradRight’s AI platform to compare programs with other top-tier options based on real student outcomes, costs, and your unique profile.
Compare Programs
Access India’s first loan bidding marketplace to get competitive, low-interest education loan offers from 15+ top lenders, tailored to your aspirations.
Compare Loan Offers
Navigate international health insurance requirements with ease. Get comprehensive, uni-compliant coverage that protects your health and your budget.
Check Insurance PlansBased on current data, Financial Insurance at University of Toronto has a total cost of ₹56,70,602 and an estimated ROI (including loan interest) of 123% over a 12-months program. University of Toronto's median graduate package is ₹76,40,199.
University of Toronto requires a minimum TOEFL iBT score of 93 or an IELTS score of 7.0, along with a GPA of 3.00. GRE is not required and GMAT is not required for this program.
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