Frequently Asked Questions
Master of Science in Finance
2) GMAT minimum of 600 (AWA of 5.0)
3) 2 years of work experience
4) Demonstrated proficiency in English. If your first language is not English, or if you obtained your degree from an institution where the main language of instruction was not English, then you are required to take either the TOEFL or IELTS exam
5) Three letters of reference from supervisors, professors or colleagues
- Read about the program in detail on the program-specific website.
- Attend one of our upcoming information sessions, or visit us at an upcoming fair http://beedie.sfu.ca/info/.
- Fill out an online assessment form http://beedie.sfu.ca/segal/prescreen.php and subsequently request to speak with an advisor.
Each program has different requirements. The main differences are in educational and work backgrounds.
Common requirements for all programs are:
- GMAT (minimum score of 600 for MSc Fin, 550 for MBA, MOT and EMBA. 5.0 in the AWA)
- Note: not required for GDBA
- Undergraduate degree (minimum GPA average of 3.0, a B, or 75%)
- for GDBA the minimum is 2.5
- for EMBA, applicants without an undergraduate degree are considered
- Language proficiency (if your undergraduate degree was not completed in English)
- TOEFL 93+ (IBT), 230+ (CBT), or 570+ (paper)
- IELTS 7.0
- for EMBA and MOT MBA, if you have 7-10 years of work experience in Canada, the language requirement may be waived
- Relevant work experience
All programs are competitive and meeting the minimum requirements does not guarantee acceptance.
The test is approximately 3.5 hours long, and can be taken at a testing centre. For more information on the GMAT, study resources and to register for the exam, please visit our GMAT FAQ site or www.mba.com.
Other factors such as undergraduate grades and work experience are also important, so applicants should look at having very strong backgrounds in at least 2 of the 3 categories, if they are going to be on the lower end in one category.
Canadian universities: http://www.sfu.ca/dean-gradstudies/facstaff/grading/gpaconversion/
International universities: http://www.sfu.ca/dean-gradstudies/prosp_students/international_students/
For example, some applicants re-write the GMAT and significantly improve their score, making their application successful the second time around. For others, the Committee may have been concerned that they did not have enough work experience. Therefore a year or two later, their application will be much stronger simply because they have been in the workplace longer.
It is recommended that you speak with an admissions advisor before applying again to better assess your situation.
The only exception is our Graduate Diploma in Business Administration, which can transfer credits into our MBA program, or our Management of Technology MBA program.
MBA - http://beedie.sfu.ca/mba/at-a-glance/scholarships.php
FRM - http://beedie.sfu.ca/mfrm/at-a-glance/scholarships.php
MOT - http://beedie.sfu.ca/mot/at-a-glance/scholarships.php
EMBA - http://beedie.sfu.ca/emba/at-a-glance/scholarships.php
The EMBA, MOT and GDBA do not qualify for government student loans.
For International students, look at financing options from your home country. Many organizations offer scholarships and loans for students studying graduate level programs abroad.
You can choose to live in homestay (a room in a family home, with meals), which will be approximately $850/month. You can choose to live in residence (located at SFU's main campus in Burnaby) which is 45 minutes by bus, from the downtown campus, where our classes are held. Or you can choose to rent an apartment or basement suite in a home.
The price for renting an apartment will depend on the location, size, and age of building. A 1 bedroom apartment, close to downtown, will be $900 to $1500 per month. Please refer to the SFU International student handbook for more useful tips on where to look for accommodations: http://students.sfu.ca/content/sfu/students/isap/handbook.html.
Included in your student fees is a monthly transit pass and extended medical insurance. You will need to ensure that you have basic medical insurance from your home province. If you are an international student, you will want to purchase travel medical insurance prior to arriving in Vancouver.
Many students also look online at Craigslist to find listings of apartments for rent. Many apartments in the downtown area have a sign outside the building stating if they have vacancy, and who to contact. This can be an efficient way to find a neighbourhood and building suitable to your needs.
-in what capacity they know you
-length of time they have known you
-examples of work they have seen you do
-examples of outcomes of work, and characteristics you've exhibited, which would make you a suitable candidate for an MBA program
There is a guide you can provide to your referees. The "Guide for Appraisers of Applicants" provides information on what the admissions committee finds useful in its evaluation. Please refer to the website of the program you are applying to for the guide:
MBA - http://beedie.sfu.ca/files/PDF/applications/AppraiserForm-MBA.pdf
Executive MBA - http://beedie.sfu.ca/files/PDF/applications/AppraiserForm-EMBA.pdf
Management of Technology MBA - http://beedie.sfu.ca/files/PDF/applications/AppraiserForm-MOT.pdf
Master of Science in Finance - http://beedie.sfu.ca/files/PDF/applications/AppraiserForm-MScFin.pdf
Graduate Diploma in Business Administration - http://beedie.sfu.ca/files/PDF/applications/AppraiserForm-GDBA.pdf