Programs > Master’s Degrees > Master of Science (MSc) – Financial Engineering > Tuition fees
Master of science (MSc) – Financial Engineering

Tuition fees

Estimated tuition fees

Tuition and other fees for the first 3 terms
Student status Thesis Supervised project
Quebec students $4 800 $3 800
Canadian students, non-residents of Québec $11 700 $8 700
French and French Belgian students $4 800 $3 800
International students $23 800 $18 800 *


These fees provide priority registration for the INTE 60004A Quebec Experience course and French language courses, which help international students integrate into the Quebec and Canadian job markets.

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.

Preparatory phase: Additional fees are added per credit.

For more details, see the list of tuition fees.


Definition of student status

Tuition fees depend on your student status.


Quebec students

  • 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”:

  1. Complete the Attestation of Quebec resident status.
  2. Attach the documents required by the MES, depending on your situation.
  3. Submit the documents through HEC en ligne > Documents > Documents Upload.

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.

Undergraduate programs

  • 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.

Graduate programs

  • 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.
You must hold a Quebec Acceptance Certificate (CAQ) and a study permit in order to benefit from the tuition fees applicable to Canadian non-Quebec resident students or from the tuition fees applicable to Quebec students.


International students

The tuition fees required by the Ministère de l'Enseignement supérieur (MES) for international students are the same as the tuition fees paid by Quebec students, along with a variable lump-sum differential fee.

The tuition fees will remain the same for the duration of your program of studies as long as you are registered or you do not change program.

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.


To estimate your essential expenditures, please refer to our sample budget.
Program details
45 Credits
  • Full time
  • Part time
  • Day
Instruction mode
  • On-site
  • Côte-des-Neiges

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