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International Economics and Finance (MA), Economics (PhD)

Part of the Faculty of Arts

Economics graduate students studying in classroom

Program Overview

Format: Full-time, part-time (MA); Full-time (PhD)

Degree Earned: Master of Arts or PhD

Designed with input from renowned Canadian economists and business leaders, this program features extensive opportunities for one-on-one interaction with professors, program co-ordinators and fellow students. Combining rigorous analytical training with an empirical orientation, the MA program produces graduates who excel as researchers and managers at national and international organizations. PhD graduates become highly qualified economists with the analytical and empirical expertise required to succeed in the global economy.

Diana Yang, PhD candidate

At a Glance


  • Completion of a four-year undergraduate (or equivalent) degree from an accredited institution
  • Minimum GPA or equivalent of 3.00/4.33 (B)
  • Statement of interest
  • Resumé/CV
  • Transcripts
  • Two letters of recommendation
  • English language proficiency requirement


  • Completion of a master’s degree from an accredited institution
  • Minimum grade point average (GPA) or equivalent of 3.33/4.33 (B+)
  • Statement of interest
  • Resumé/CV
  • Transcripts
  • Two letters of recommendation
  • English language proficiency requirement

More information on admission requirements. Due to the competitive nature of our programs, it is not possible to offer admission to everyone who applies that meets the minimum entrance requirements for the program. 

Program-specific requirements for MA and PhD.

Students are encouraged to submit applications prior to the first consideration date to increase their chances of securing financial support for their graduate studies. Applications received after the first consideration date will be accepted and reviewed based on spaces remaining in the program.

See application dates.

For detailed graduate tuition and fees information please visit Fees by Program.

For information on scholarships, awards and financing your graduate studies visit Financing Your Studies.

  • Applied Econometrics
  • Applied Theory
  • Asset Pricing
  • Decision Theory
  • Econometrics
  • Economic Development
  • Economic Growth
  • Economic History
  • Economics Inequality
  • Empirical Finance
  • Environmental Economics
  • Financial Econometrics
  • Game Theory
  • Housing and Land
  • Industrial Organization
  • International Finance
  • International Institutions
  • International Migration
  • International Monetary Economics
  • International Trade
  • Labour
  • Labour Economics
  • Macro-Monetary Economics
  • Macroeconomics
  • Mathematical Economics
  • Microeconomics
  • Monetary Economics
  • Public Finance
  • Theoretical Econometrics
  • Economics Help Centre
  • Yearly membership with TABE

Graduate Admissions

Admissions information and how to apply

Graduate Studies Admissions Office
11th Floor, 1 Dundas Street West
Toronto, ON
Telephone: 416-979-5150

For information specific to programs, please see the program contact information below.

Program Contacts

Dr. Germán Pupato
Graduate Program Director
Telephone: 416-979-5000 ext. 553143

Karen Fajardo
Graduate Program Administrator
Telephone: 416-979-5000 ext. 557856
Email: /

“The [TMU] Economics PhD program was one of the most valuable experiences of my life. The education I received provided me with a sound foundation to continue learning throughout my career. The faculty members in the Department truly care about their students professionally and personally. I am proud to be a graduate."

Chuyi Fang, PhD alumna, currently an assistant professor at Shanghai University

Student Profile: My Voice, Our Future Honourable Mention (external link) 

Angélique Bernabé (economics PhD student and founding member of GRADShowcase) uses her graduate education to help homeless youth in Toronto.

Graduate Academic Calendar

Find curriculum, course descriptions and important dates for Economics (MA, PhD).

How to Apply

Once you’ve made an informed choice about which program(s) you are going to apply to, preparing your application requires careful research and planning.


At Toronto Metropolitan University, we understand that pursuing graduate studies is a significant financial investment. Funding comes from a combination of employment contracts (as a teaching assistant), scholarships, awards and stipends. There are a number of additional funding sources – internal and external – available to graduate students that can increase these funding levels.


As an urban innovation university, Toronto Metropolitan University offers 60+ cutting-edge, career-oriented graduate programs, as well as 125+ research centres, institutes and labs, in a wide range of disciplines. Our close connections with industry, government and community partners provide opportunities to apply your knowledge to real-world challenges and make a difference.