Master of Science in Business Administration in Finance (MSCB)
Aimed at students interested in research, the UBC MSc in Business Administration is a challenging and rigorous program designed to prepare students for a PhD program and a subsequent career in academia.
As an MSc student, you will not only become part of a rich and stimulating academic community with a strong research emphasis, but you will also enjoy the opportunity to work with the best research faculty in Canada.
What makes the program unique?
The Sauder School of Business is considered the top research business school in Canada and a leading academic institution. Sauder is the leading recipient of research grants from Canada's major federal agencies and outperforms other Canadian business schools in both research publications and citations. In 2012, the Financial Times rankings put Sauder among its top 20 in the world for research impact and the Social Sciences Research Network (SSRN) rated the Sauder School of Business as 17th in the world for business and management research among schools outside of the United States. Sauder faculty members hold editorial positions at major journals in their fields and their work is recognized internationally. The Sauder School of Business at UBC is home to excellent teaching, an active research community and a strong collaborative culture.
Meet a UBC representative
Virtual Office Hourswebinar
Date: Thursday, 05 September 2019
Time: 14:00 to 15:00
Join us for a short presentation on the application and admissions process, academic requirements, and general overview of graduate studies at UBC, followed by Q&A with Grad Studies staff and graduate student ambassadors. Ask questions in advance when you register. Please note that Virtual Office Hours is not program-specific, and we will not be able to provide answers to questions that involve specific personal information.
Great Grad School Applicationswebinar
Date: Tuesday, 10 September 2019
Time: 09:00 to 10:00
Learn about the application process, and general academic and admissions requirements. Develop a timeline for meeting deadlines, scheduling language tests, getting your documents ready, and reaching out to letter writers and supervisors. As well, join us on a virtual tour of the UBC Grad Studies website to point out important resources.
September Q&A with UBC Graduate Student Ambassadorswebinar
Date: Wednesday, 11 September 2019
Time: 10:00 to 11:00
Join our Graduate Student Ambassadors who will be available to answer questions about their experiences at UBC, including topics such as accommodation, moving to a new city/province/country and settling in, making friends, being an international student, and more. This session is open to participants interested in different programs across all faculties at UBC. Please note that we will not be able to provide answers to questions regarding application or admissions policies or any that involve specific personal information.
TOEFL (ibT) Overall Score Requirement
IELTS Overall Score Requirement
Deadline to submit online application. No changes can be made to the application after submission.Transcript Deadline
Deadline to upload scans of official transcripts through the applicant portal in support of a submitted application. Information for accessing the applicant portal will be provided after submitting an online application for admission.Referee Deadline
Deadline for the referees identified in the application for admission to submit references. See Letters of Reference for more information.
September 2020 Intake
Application Open Date01 September 2019
Tuition / Program Costs
|Fees||Canadian Citizen / Permanent Resident / Refugee / Diplomat||International|
|Installments per year||3||3|
|Tuition per installment||$1,665.26||$2,925.58|
|Tuition per year|
(plus annual increase, usually 2%-5%)
|Int. Tuition Award (ITA) per year (if eligible)||$3,200.00 (-)|
|Other Fees and Costs|
|Student Fees (yearly)||$930.14 (approx.)|
|Costs of living (yearly)||starting at $16,884.10 (check cost calculator)|
All fees for the year are subject to adjustment and UBC reserves the right to change any fees without notice at any time, including tuition and student fees. Tuition fees are reviewed annually by the UBC Board of Governors. In recent years, tuition increases have been 2% for continuing domestic students and between 2% and 5% for continuing international students. New students may see higher increases in tuition. Admitted students who defer their admission are subject to the potentially higher tuition fees for incoming students effective at the later program start date. In case of a discrepancy between this webpage and the UBC Calendar, the UBC Calendar entry will be held to be correct.
This list shows faculty members with full supervisory privileges who are affiliated with this program. It is not a comprehensive list of all potential supervisors as faculty from other programs or faculty members without full supervisory privileges can request approvals to supervise graduate students in this program.
Baldauf, Markus (Financial Markets; Information Economics; Industrial Organization; Regulation; Market Microstructure )
Bena, Jan (Finance and Accounting, Financial Assets Evaluation, R&D and Innovation, Technological Innovations, Investments, Stock Market, International Capital and Products Markets, Finance and innovation, Finance and product markets, Corporate innovation, Corporate ownership structure, Access to external finance, Financial constraints)
Carlson, Murray (Introduction to capital markets, corporate finance, principles of finance, asset pricing)
Donaldson, R Glen (Risk management, Volatility forecasting, Asset valuation, Financial econometrics, Financial markets and price behavior)
Favilukis, Jack (Consumption and Production Based Asset Pricing; Heterogeneity and Inequality; Incomplete Markets; Real Estate)
Fisher, Adlai (Asset pricing, financial econometrics, volatility modelling, corporate finance, mergers and acquisitions)
Garlappi, Lorenzo (Asset pricing, credit risk and real options, portfolio choice and asset allocation )
Giammarino, Ronald (Corporate finance, real options, market concentration)
Gornall, Will (Corporate finance ; Venture capital; Banking)
Heinkel, Robert Lee (Theoretical and empirical studies of corporate behaviour due to market imperfections and theoretical and empirical studies of instritutional investment management)
Lazrak, Ali (Finance and Accounting, Economic Phenomena on an Individual or Organizational Level, Asset pricing, Corporate Finance, Behavioral Finance, Household portfolio choice)
Li, Kai (corporate governance, CEO compensation, mergers and acquisitions, shareholder activism, gender in corporate decision making, board of directors, national culture, innovation, Finance)
Ortiz Molina, Hernan (Corporate finance and governance, executive compensations, industrial organization, interactions between real and financial decisions )
Pflueger, Carolin (Monetary Policy, Inflation, Fixed Income, Corporate Default )
Pikulina, Elena (Institutional investors; Corporate finance; Experimental and behavioral finance)
Skoulakis, Georgios (Portfolio Choice; Asset Pricing; Computational Economics; Econometrics)