How to Pursue Masters in Finance in Canada without GMAT?
Updated on 25 July, 2022
Mrinal Mandal
Study Abroad Expert
Study Abroad Expert
Canada is one of the leading educational destinations worldwide, known for its top-ranked universities and wide spectrum of educational programs. Canada is also preferred by MBA aspirants for its cutting-edge infrastructure, reputed B-schools, and premier faculty. The country also offers excellent career prospects for skilled MBA graduates. Yet, many applicants do not have GMAT scores for various reasons. In this case, do you think a master’s in finance in Canada without GMAT is possible? Read on to know more about the answers to this question.
You can pursue MS finance in Canada without GMAT, provided you meet the other eligibility criteria at leading universities. However, most institutions mandate either the GMAT or GRE for admissions. This means that you can pursue your MS or MSc finance in Canada without GMAT, only if you have a valid GRE score.
A few other institutions do not require either GMAT/GRE, although the number is negligible. Many institutions also have other conditions for GMAT waivers, including adherence to the minimum degree and academic criteria and conditions like English language proficiency, letters of recommendation, resume, and work experience requirements.
In most cases, they will look for an alternative GRE score. At the same time, some universities look for the minimum GPA (based on their criteria), academic degrees, and subjects of study. Some look at work experience, English language proficiency, and references/recommendations. On the whole, you can skip the GMAT only if you provide an alternative GRE test score for master’s courses in finance in Canada.
Here is the list for your perusal:
Name of the Institution | QS World Ranking by Subject 2022 (Business & Management Studies) | Eligibility Criteria |
University of Toronto (Rotman) | 32 |
|
McGill (Desautels) | 50 |
|
HEC Montreal | 85 |
|
Alberta School of Business | 125 | Full-Time MBA in Finance-
|
McMaster (DeGroote) | 251-300 |
|
The John Molson School of Business (Concordia University) | 251-300 |
|
Simon Fraser (Beedie) | 201-250 |
|
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What does the Course include:
You can apply at universities that also take GRE scores in place of the GMAT. This is the best option for applicants. There are a few universities that also take applications without GMAT/GRE scores. However, they have other criteria pertaining to work experience, academic degrees and percentages, and so on.
You can get admission if the university offers a chance to submit GRE scores. You can also get admitted if you meet other criteria (academic degree, GPA, subjects of study, work experience, essay, interviews, letters of reference, etc.) at an institution that does not make GMAT/GRE scores mandatory for applicants.
GMAT scores or scores in other tests are often waived by leading universities in Canada for their undergraduate students or others who have studied in Canada. They are sometimes waived for those with GRE scores or scores of other admission tests like TAGE MAGE. They are also given to those passing CFA Level 1 or higher at times or even those with other professional certifications.
Know More About GMAT:
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