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AUTHOR :E Writing Champs
CATEGORY :Academic
In Canada, there is a one- to two-year program that offers both a Master of Science and a Master of Arts in Economics (MS). More than 20 Canadian universities offer it, and its annual cost ranges from 13,000 to 45,000 USD (all expenditures included). Additional specialized master's degrees in economics are offered in fields like development economics, economic policy, agriculture economics, and natural resource economics.
Students in Canadian universities have the choice of pursuing masters in Economics in Canada that is thesis- or course-based. You can apply to a master's program in economics in Canada if you have a bachelor's degree and have taken courses in economic theory, microeconomics, econometrics, or mathematics. In Canada, the yearly salary of an entry-level economist is 42,948 USD.
Because of its welcoming population and flexible PR restrictions, Canada is a favorite destination for international students who desire to pursue their education overseas. Let's look at the advantages of obtaining a Masters in Economics in Canada.
The QS News Ranking of 2019 for Economics & Econometrics included 18 Canadian colleges among the top 500 universities worldwide.
Canada is expected to add more than 19,800 new jobs for economists by 2026.
British Columbia's expected annual demand growth rate for economic graduates is 1.3 percent.
With five to nine years of experience, an economist may expect to earn up to $54,400 per year.
Working part-time while attending classes is an option for international students who want to pay for their living expenses and gain work experience in Canada.
Each year, there are three intakes available for students, and the immigration and visa processes are easy and friendly (fall, winter, and summer).
Here is a list of the best colleges for pursuing higher education in economics, together with information about their ranking, costs, and minimum IELTS scores.
#29 (Ranking): University of Toronto
Fees (USD): 74820
Minimum IELTS score: 7.0
#35 (Ranking): McGill University
Fees (USD): 13583
Minimum IELTS score: 6.5
#51 (Ranking): University of British Columbia
Fees (USD): 18675
Minimum IELTS score: 6.5
#113 (Raking): University of Alberta
Fees (USD): 15750
Minimum IELTS score: 7.0
The minimum requirements for entry into a Masters in Economics in Canada are as follows. Candidates need to have:
The procedure for applying for a visa to Canada is simple. It would be best if you kept in mind the following actions:
In Canada, there is already a continual need for qualified economists in various disciplines. A graduate in economics may work as a consultant, health insurance analyst, financial manager, research executive, economic advisor, and other positions.
Graduates have various employment options, including positions with consulting and research firms, government and academic organizations, banks, financial institutions, international agencies, universities, and NGOs.
Graduates with the required abilities can find employment as financial market economists, economists, research officers, budget analysts, economic development directors, consultants, university professors, policy analysts, and more. For instance, research analysts may begin earning $64,000 (49 lahks), while financial market economists may take home a mind-blowing $165,000 annually (one crore). Qualified economists could earn up to $86,180 with experience (about 65 lahks).
The rapidly shifting economic and market dynamics worldwide, the severe competition in the industry, and the tightening of financial regulations are all factors that have raised the demand for economists.
We trust that you now have all the knowledge you require to pursue a bachelor's degree in economics in Canada. All Canadian academic degrees are acknowledged internationally. Your future is, therefore, bright if you want to pursue masters in economics in Canada. If you still have questions, get in touch with our ewriting Champs pros, who have years of expertise and skill in assisting students with realizing their dream of studying abroad.
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