Studying economics in Canada will provide you with comprehensive knowledge of economics. You will have an all-around knowledge in areas such as unemployment, inflation, taxation policy, etc. Additionally, you will be equipped with the skills to cater to and resolve financial and economic challenges. Studying economics in Canada will offer you an exciting and intellectually rewarding experience that will deepen your understanding of economic principles.

Studying Economics in Canada will introduce you to a wide range of opportunities. Canada also boasts a thriving financial sector, which can enhance the learning of students to gain comprehensive knowledge of how an economy operates at the global level. Therefore, the rate of gaining employment after studying this course in Canada is high. However, you need to have the required documents needed before you can gain admission to study economics in Canada.

In this piece, I will walk you through the requirements needed to study economics in Canada.

Requirements needed to study Economics in Canada

1. Complete your Secondary School Education

   You must have completed your secondary education before you can study economics in Canada. Additionally, you should have a strong foundation in subjects such as mathematics, accounting, economics, and English in your high school results. The overall minimum aggregate score you should have is 60-85%. However, this can differ across universities in Canada.

2. Submit your Academic Transcripts

   You must submit an academic transcript of your previous education. This transcript must contain all your courses and grades that you have studied. Additionally, this transcript must be an official one and it must be written in English.

3. English Proficiency Test

   You must write an English Language proficiency test if English is not your first language. It can be tests such as IELTS, or TOEFL. This test can vary based on the university you apply to. Additionally, each school will have the minimum score you should have in the English test. The minimum score for IELTS is 6.5 overall with 6.0 band scores. Additionally, the minimum score for TOEFL is 90 overall with a minimum of 25 in speaking and writing.

4. Write a Statement of Purpose

   Some schools may require you to write a statement of purpose. This is an essay that explains why you want to study economics in Canada and your career plans. This essay can be between 600 to 700 words.

5. Letters of Recommendation

   You need to submit two or three recommendation letters during the application process. Additionally, these recommendation letters should come from your lecturers or employers. Therefore, you should not submit recommendation letters from your friends or family.

Requirements for Masters Degree in Economics in Canada

1. Have a Bachelor’s Degree

   You must have a bachelor’s degree before you can study master’s in economics in Canada. This bachelor’s degree must be a 4-year program from a recognized university. Additionally, this bachelor’s degree must be in a business administration field or a related field. Furthermore, the minimum GPA score for this course is 3.0 on a scale of 4.0.

2. Obtain Academic Transcripts

   This is the most basic requirement needed to apply to study economics in Canada. You need to obtain the official transcripts of your previous education. This transcript should contain all the courses and grades you studied. Additionally, you should submit your transcript in English.

3. English Proficiency Test

   You must write an English Language proficiency test if English is not your first language. It can be tests such as IELTS, or TOEFL. This test can vary based on the university you apply to. Additionally, each school will have the minimum score you should have in the English test. The minimum score for IELTS is 6.5 – 7.0. At the same time, TOEFL is 79 – 100.

4. Submit your GMAT or GRE scores

   This is not a mandatory requirement in most universities. However, some schools in Canada make it compulsory for applicants to submit these test scores as part of a major requirement. The minimum score for GRE is 280 -380 while GMAT is 625 – 700.

5. Write a Statement of Purpose

   A statement of purpose is a written essay or letter that describes why you want to study economics. This can be a letter of motivation as well as a personal essay. This document is a major requirement for your application.

6. Prepare a Resume

   You need to submit a resume with relevant experience in the field of economics. Additionally, your resume can also contain all the roles and certificates you have gained in this field.

7. Letters of Recommendation

   You need to submit two or three recommendation letters during the application process. Additionally, these recommendation letters should come from your lecturers or employers. Therefore, you should not submit recommendation letters from your friends or family.

How to Apply

You can apply to Study economics in Canada through the university’s website. You can apply for the undergraduate program as well as the postgraduate degree. Additionally, some universities might require you to pay an application fee before submitting your application.

Duration

The duration for studying economics in Canada can vary based on the program of your choice and the University. The Undergraduate program that will offer a bachelor’s degree lasts for a minimum of 3-4 years. However, a postgraduate program that will offer a master’s degree lasts for a minimum of 2 years.

Tuition Fee

The Tuition fee for studying economics in Canada varies based on the program as well as the University. Additionally, this can vary based on the curriculum design, the location, and the rank of the university. The average tuition fee for a bachelor’s degree is 15,000 CAD to 60,000 CAD annually. However, the tuition fee for a master’s degree is 10,000 CAD to 44,000 CAD annually.

Universities in Canada that offer Economics

1. University of Windsor, Windsor, Ontario
2. Western University, London, Ontario
3. York University, Toronto, Ontario
4. Thompson Rivers University, Kamloops, British Columbia
5. Trent University, Peterborough, Ontario
6. MacEwan University, Edmonton, Alberta
7. Ryerson University
8. Brock University, St. Catharines, Ontario
9. University of Prince Edward Island, Charlottetown, Prince Edward Island
10. University of Saskatchewan, Saskatoon, Saskatchewan
11. University of the Fraser Valley, Abbotsford, British Columbia
12. Lakehead University, Thunder Bay, Ontario
13. Alexander College, Vancouver, British Columbia
14. Nipissing University, North Bay, Ontario
15. University of Victoria, Victoria, British Columbia
16. Queen’s University, Kingston, Ontario
17. University of Regina, Regina, Saskatchewan
18. Concordia University of Edmonton, Edmonton, Alberta
19. University of Waterloo, Waterloo, Ontario
20. Dalhousie University, Halifax, Nova Scotia
21. Simon Fraser University, Burnaby, British Columbia
22. St. Francis Xavier University, Antigonish, Nova Scotia
23. University of Manitoba, Winnipeg, Manitoba
24. University of Ottawa, Ottawa, Ontario
25. Vancouver Island University, Nanaimo, British Columbia
26. Kwantlen Polytechnic University, Surrey, British Columbia
27. Laurentian University, Sudbury, Ontario
28. Wilfrid Laurier University, Waterloo, Ontario
29. Acadia University, Wolfville, Nova Scotia
30. Memorial University of Newfoundland, St. John’s, Newfoundland
31. McGill University, Montreal, Quebec
32. Mount Allison University, Sackville, New Brunswick
33. The University of British Columbia, Vancouver, British Columbia
34. University of Toronto, Toronto, Ontario
35. Algoma University, Sault Ste. Marie, Ontario
36. Bishop’s University, Sherbrooke, Quebec

In Conclusion, Studying economics in Canada can come with effective screening procedures for most universities. As a result, you must make your plans ahead and prepare every necessary document that is required. Additionally, you must confirm via the school’s website before applying. Finally, if you have any further questions or need assistance, please contact us.

Good luck!

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