Masters in Mathematics in Canada: Fees, Top Colleges, Placements & Salaries
Masters in Mathematics in CanadaAre you planning to pursue a career in mathematics abroad? A Masters in Mathematics in Canada is an ideal choice for you. It is a 2-year postgraduate program offered in the degrees of MSc and MA. The programs focus on advanced mathematical concepts like algebra, calculus, data analysis, applied mathematics, theoretical computation, and more. There are more than 20 universities that offer Masters in Mathematics in Canada. Some of the top-ranked Canadian universities known for their excellence in research and innovation in the field of Mathematics include University of Toronto, University of British Columbia, McGill University, University of Waterloo, and University of Alberta.
The average annual tuition fees for Masters in Mathematics program in Canada for Indian students range between CAD 15,000 and CAD 50,000, with additional living costs of CAD 15,000 to 20,000 per year. Canada offers various scholarship opportunities for Indian students to reduce their cost of studying in Canada. After completing Masters in Mathematics from Canadian universities, you can explore opportunities in sectors like finance, data science, research, technology, and government. Moreover, with a Masters in Mathematics in Canada, you can earn an average starting salary of CAD 60,000 to CAD 90,000 annually.
Interesting, right? So, if you want to get the masters degree in mathematics from Canada. This comprehensive guide is definitely going to help you. In this blog, we have gathered all the essential information to guide you through everything about Masters in Mathematics in Canada admission. Let’s read it out.
Masters in Mathematics in Canada: Quick Highlights
Here are the key highlights of Masters in Mathematics programs in Canada for Indian students that you must know before applying for admission.
Feature | Details |
Course Name | Masters in Mathematics (MSc/MA) |
Course Duration | 2 years (full-time) |
Basic Eligibility | Bachelor’s in Mathematics or related field |
English Language Tests | IELTS, TOEFL, or Duolingo |
Admission Intakes |
|
Average Tuition Fees | CAD 15,000 - CAD 50,000 per year |
Scholarship Availability | Yes |
Top Job Roles | Data Scientist, Statistician, Data Analyst, Research Scientist, Financial Analyst, etc. |
Average Starting Salary | CAD 60,000 - CAD 90,000 |
Top Universities |
|
What is Masters degree in Mathematics in Canada?
A Masters in Mathematics in Canada is a postgraduate-level degree focused on advanced mathematical theories, applied mathematics, statistics, computational methods, and data science. It is an ideal program for you if you want to go ahead with a career in mathematical fields. The program typically comes in two formats:
- MSc in Mathematics (thesis-based or research-based)
- MA in Mathematics (coursework-based)
Masters in Mathematics in Canada: Course Duration
The duration of a Masters in Mathematics course in Canada is generally up to 2 years. It is offered in full-time mode by most of the Canadian universities. Some universities also offer the program in part-time mode, which lasts for approximately 3 years. The exact duration may vary depending on the university and whether the program is thesis-based, course-based, or a combination of both.
Therefore, you must check the Masters in Mathematics course duration in Canada while searching for universities.
Masters in Mathematics in Canada: Specializations Offered
Here are some of the popular specializations that you are going to explore while studying Masters in Mathematics in Canada.
Masters in Mathematics in Canada Specializations | |
Pure Mathematics | Applied Mathematics |
Statistics | Computational Mathematics |
Mathematical Physics | Financial Mathematics |
Data Science | Mathematical Modelling |
Why Study Masters in Mathematics in Canada?
Here is why Canada is one of the best choices for pursuing a Masters in Mathematics program for Indian students.
1. Top-Ranked Universities
Canada is home to some of the world’s best universities that offer high-quality Mathematics programs. Whether you are looking for a thesis-based MSc in Mathematics or a course-based MA in Mathematics, you will find top-notch education and experienced faculty to guide you.
2. Specializations and Research Opportunities
Canadian universities give you the flexibility to specialize in areas like Applied Mathematics, Statistics, Computational Methods, or even Data Science. If you love research, you can opt for a research-focused program.
3. Affordable Tuition and Scholarships
Compared to countries like the US or UK, the cost of studying in Canada is relatively affordable. Additionally, there are many scholarships for Indian students that can reduce your financial burden.
4. Great Job Opportunities
After completing your Masters in Mathematics in Canada, you will have access to excellent job opportunities in fields like finance, tech, education, and research.
5. Post-Study Work Visa Options
One of the biggest advantages is the easy access to a post-graduation work permit (PGWP), which allows you to stay and work in Canada after your studies.
Masters in Mathematics in Canada Admission: Step-by-Step Process
Here comes the main character of this whole guide—the Masters in Mathematics admission in Canada.
The admission process to the Masters in Mathematics program in Canadian universities comes with a few requirements, which you must know for a successful admission. It starts with checking the eligibility requirements and ends with a successful application.
In this section, we have specified every aspect that you must consider while applying for a Masters in Mathematics in Canada.
Eligibility Criteria for Masters in Mathematics Program in Canada
To apply for the admission, you need to meet certain eligibility requirements as specified by the selected universities. Here we have tabulated the eligibility criteria for Masters in Mathematics in Canada.
Factor | Requirement |
Academic Qualification | Bachelor’s degree in Math or related field with 60% or above |
English Language Proficiency |
|
GRE | Optional (preferred by some universities) |
Work Experience | Not mandatory (but adds value) |
Masters in Mathematics in Canada: Documents Required
Here is the document checklist of what you need to submit for the admission process at Canadian universities.
- Academic marksheets (10th, 12th, and bachelor's)
- Resume/CV
- Statement of Purpose (SOP)
- 2–3 Letters of Recommendation (LOR)
- IELTS/TOEFL/GRE scores
- Valid passport
- Proof of funds (bank statements)
- Experience letter (if applicable)
How to Apply for Masters in Mathematics Admission in Canada?
Here is a step-by-step admission process for Masters in Mathematics in Canada for Indian students.
Steps | Details |
Research Universities | Search for Canadian universities offering Masters degree in Mathematics as per your preferences. |
Check Eligibility | Understand the admission requirements and ensure you have met all the eligibility required by the chosen universities. |
Take English Proficiency Test | Take IELTS or TOEFL tests. These tests are mandatory for Indian students. Some universities may accept Duolingo scores too. |
Take GRE (if needed) | GRE is not mandatory at all. However, some universities may require GRE scores. Take GRE, if required. |
Gather Required Documents | Prepare your academic documents, degree certificate, resume/CV, SOP (Statement of Purpose), LORs (2–3 Letters of Recommendation), English test scores, and a valid passport. |
Apply to Universities | Apply online through each university’s application portal and pay the application fee as required. |
Receive Offer Letter | If selected, you will receive a conditional or unconditional offer letter via email. This may take a few weeks to a few months. |
Accept Offer & Pay Deposit | Accept the admission offer and pay the tuition deposit (if required) to confirm your admission. |
Apply for Student Visa | Apply for a Canadian Study Permit through the IRCC website with all the required documents. |
Fly to Canada & Start Studies | Arrive before classes start. Carry your offer letter, passport, visa, and all original documents for immigration check. Begin your program! |
Top Universities for Masters in Mathematics in Canada
Canada has more than 20 universities offering Masters programs in Mathematics. Among them, we have curated a list of top 10 universities for masters in mathematics in Canada based on their global rankings. Refer to the table below for the details.
University | Location | QS Rank 2025 |
University of Toronto | Toronto | 25 |
McGill University | Montreal | 29 |
University of British Columbia | Vancouver | 38 |
University of Alberta | Edmonton | 96 |
University of Waterloo | Waterloo | 115 |
Western University | London | 120 |
University of Montreal | Montreal | 159 |
McMaster University | Hamilton | 176 |
Simon Fraser University | Burnaby | 318 |
University of Ottawa | Ottawa | 189 |
Masters in Mathematics in Canada Fees: University-wise
When planning to study abroad, the tuition fee is the most important part you must calculate. The Masters in Mathematics course fees in Canada for Indian students vary by university. If calculated on an average basis, it ranges from CAD 15,000 to CAD 50,000 per year.
For your convenience, here we have mentioned the university-wise fee structure of the program.
University | Annual Tuition Fee (CAD) |
University of Toronto | $31,659 |
McGill University | $45,136 |
University of British Columbia | $19,380 |
University of Alberta | $18,812 |
University of Waterloo | $23,088 |
McMaster University | $49,996 |
University of Ottawa | $53,742 |
Note: Fees are subject to change. Always check the official website for the latest fee structure.
Scholarships for Masters in Mathematics in Canada
To support you financially, several merit-based, need-based, and research-specific scholarships are available for Indian students pursuing a Masters in Mathematics in Canada. These scholarships are offered by the Canadian government, individual universities, and various external organizations.
Study the given table, as we have described the popular scholarships for Masters in Mathematics in Canada for Indian students.
Scholarships | Offered By | Benefits (USD) |
CNST Scholarship | ACUNS | $10,000 |
Mathematics Global Scholarships | University of Waterloo | $12,000 - $40,000 |
Mathematics International Elite Awards: India | University of Waterloo | $40,000 |
Ontario Graduate Scholarship | University of Toronto | $5,000 |
York Science Scholars Award | York University | $10,000 |
Cost of Living in Canada for Indian Students
Knowing the tuition fee alone is not enough when planning to study in Canada. One of the major components of the total cost of studying in Canada is the cost of living. Understanding this helps you plan your budget more accurately and avoid unexpected expenses.
The living expenses will vary based on your lifestyle and location. Here is a quick breakdown of the estimated cost of living in Canada for Indian students pursuing Masters in Mathematics programs.
Expense Type | Monthly Cost (CAD) | Monthly Cost (INR) |
Rent & Utilities | $800 - $1,200 | ₹49,000 – ₹73,000 |
Food | $300 - $500 | ₹18,000 – ₹30,000 |
Transport | $100 - $150 | ₹6,000 – ₹9,000 |
Internet & Phone | $80 - $100 | ₹4,900 – ₹6,100 |
Miscellaneous | $200 - $300 | ₹12,000 – ₹18,000 |
Career Opportunities After Masters in Mathematics in Canada
One of the exciting advantages of pursuing a Masters in Mathematics in Canada is the career opportunities afterwards. You will have diverse career options across research, finance, tech, education, and data-driven industries.
Explore this section, as we have outlined the popular job roles, top recruiters, and the average starting salary you can expect after completing a Masters degree in Mathematics in Canada.
Popular Job Roles After Masters in Mathematics in Canada
After completing Masters in Mathematics from a Canadian university, you can apply for a wide range of high-paying, research-oriented, and industry-relevant roles. Below are the most sought-after career paths for you.
- Data Scientist
- Statistician
- Quantitative Analyst
- Actuarial Analyst
- Machine Learning Engineer
- Cryptographer
- Research Scientist
- Operations Research Analyst
- Mathematics Professor
Masters in Mathematics in Canada: Salary Insights
In the table below, we have broken down the average starting salaries you can expect after completing a Masters program in Mathematics in Canada based on the job roles.
Job Profile | Average Starting Salary (CAD/year) |
Data Scientist | $70,000 - $90,000 |
Statistician | $60,000 - $78,000 |
Quantitative Analyst | $75,000 - $95,000 |
Actuarial Analyst | $65,000 - $85,000 |
Machine Learning Engineer | $80,000 - $105,000 |
Cryptographer | $78,000 - $100,000 |
Research Scientist | $65,000 - $90,000 |
Mathematics Professor | $70,000 - $95,000 |
Top Recruiters Hiring Masters in Mathematics Graduates from Canada
Canadian mathematics postgraduates are highly valued in global and national companies for their problem-solving and numerical modeling skills. Here is the table showcasing the top recruiters who hire graduates with masters degrees in mathematics in Canada.
Industry | Top Employers |
Tech & AI Firms | Google Canada, IBM, Amazon, Shopify, NVIDIA, etc. |
Financial Services | Scotiabank, TD Bank, Manulife, RBC, Sun Life. etc. |
Consulting Firms | Deloitte, PwC, EY, KPMG, etc. |
Government & Research | Statistics Canada, National Research Council, CSIS. etc. |
Academia & Education | University of Toronto, McGill, UBC, Waterloo, etc. |
Conclusion
As a conclusion, Masters in Mathematics in Canada is the perfect program for you if your interest lies in pure mathematics, data science, financial analytics, or academic research.
With globally recognized universities, diverse specializations, research-intensive programs, and excellent job prospects, Canada truly stands out as a destination for higher studies in Mathematics.
We hope this guide has solved all your queries and confusion regarding the Masters in Mathematics in Canada admission. So, what are you waiting for? Take the leap, plan ahead, and let your mathematical journey in Canada begin.
Frequently Asked Questions
Ques. What is the eligibility for Masters in Mathematics in Canada?
Ans. To study a Masters in Mathematics program in Canada, you need a 4-year bachelor’s degree in Mathematics or a related subject with at least 60% marks. You also need a valid IELTS or TOEFL score to show English language proficiency.
Ques. Is GRE required for admission to Canadian universities?
Ans. No, GRE is not mandatory for most universities in Canada. It is optional and not required by many programs.
Ques. What is the cost of studying Mathematics in Canada?
Ans. The annual tuition fees for Masters in Mathematics in Canada range from CAD 15,000 to 50,000.
Ques. Are there scholarships for Indian students in Canada?
Ans. Yes, there are many scholarships for Indian students in Canada based on merit and need.
Ques. What are the job options after a Masters in Mathematics course in Canada?
Ans. After completing a Masters in Mathematics in Canada, you can work as a Data Scientist, Quantitative Analyst, Risk Analyst, or go into academia, research, or government jobs.