Master of science (MSc) – Applied Financial Economics
Estimated tuition fees
Tuition and other fees for the first 4 terms
|Canadian students, non-residents of Québec
|French and French Belgian students
Preparatory phase: Additional fees are added per credit.
For the thesis stream, fees are set for each term; for the supervised project stream, fees are calculated depending on the number of credits. Regardless of the number of terms completed, if you switch from the supervised project to the thesis streams you must pay the tuition fees of the 1st term registered on the thesis stream.
For more details, see the list of tuition fees.
Definition of student status
Tuition fees depend on your student status.
- Canadian citizen or Aboriginal born in Québec
- Permanent resident deemed Quebec resident
- Recipient of a scholarship covering differential tuition fees, from your government
Canadian students, non-residents of Quebec
- Canadian citizen or Aboriginal born in Canada, but not in Québec
- Canadian citizen or Aboriginal born outsite of Canada
- Permanent resident deemed “non-Quebec resident”1
1 If you believe you qualify as a “Quebec resident”:
- Complete the Attestation of Quebec resident status.
- Attach the documents required by the MEES, depending on your situation.
- Submit the documents through HEC en ligne under Upload documents > Student file > Attachment Type > Québec Resident - Attestation.
The change in status applies only to the current term.
French and French belgian students
Under the agreements concerning university student mobility between the Government of Québec and the Government of the French Republic and the Government of Québec and the French community of Belgium, your tuition fees depend on your status. Your bill is subject to change without notice.
- If you are enrolled in an undergraduate program or in an independent studies program, you will be charged the same tuition fees as Canadian non-Quebec resident students.
- If you are a French student who has resided permanently for over five years in Saint-Pierre-et-Miquelon, you will be charged the same tuition fees as Quebec students.
- If you are enrolled in a graduate program, you will be charged the same tuition fees as Quebec students.
- If you are enrolled in an independent studies program or taking a course that does not belong to your program structure, you will be charged the same tuition fees as Canadian non-Quebec resident students.
The tuition fees required by the Ministère de l'Éducation et de l'Enseignement supérieur (MEES) for international students are the same as the tuition fees paid by Quebec students, along with a variable lump-sum differential fee.
If you are an undergraduate student, the tuition fees will remain the same for the duration of your program of study as long as you are registered.
You will be charged the same tuition fees as Quebec students if you hold a scholarship for differential fees granted under fee remission agreements between the Quebec government and foreign governments.
School supplies (including computer)
These are approximate amounts. For more details on the cost of living in Montreal.
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