201 Affordable Master's degrees in Canada | Mastersportal
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201 Affordable Master's degrees in Canada

When considering affordable master's degrees, it's essential to understand what qualifies as 'affordable'. In our system, any master’s programme with tuition fees ranging from €0 to €2,500 per year is deemed affordable. This range makes Canada an attractive destination for international students searching for budget-friendly master's programmes. In Canada, affordable master's programmes can start from €0, meaning some universities offer tuition-free options. This unique feature, coupled with the country's high-quality education and welcoming environment, makes Canada a top choice for cost-conscious students. If you're looking for an affordable master's degree in Canada, exploring the top universities in Canada can provide valuable insights into the best options available.

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Memorial University of Newfoundland4,0(63)
St. John's, Canada Top 3% in Worldwide

Process Engineering

Memorial University of Newfoundland offers MASc and MEng, in various engineering disciplines, including Civil, Communications, Computer, Electrical, Process Engineering. Faculty expertise encompasses a wide cross-section of specialties and backgrounds; many faculty members have broad industrial experience and complement their teaching and research programs with consultancy services.

Master Full-time On-campus
1 year$1,577/yr
University of Winnipeg4,2(43)
Winnipeg, Canada

Applied Economics

The Applied Economics programme at the University of Winnipeg is a comprehensive full-time course designed for completion within one calendar year. This advanced degree focuses on practical economic analysis and policy application, preparing students for professional roles across public, private, and non-governmental sectors.

M.A. Full-time On-campus
1 year$14/yr
University of New Brunswick4,4(12)
Online Top 4% in Worldwide

Instructional Design

The Master of Education in Instructional Design from University of New Brunswick will be of particular interest to teachers, curriculum developers, courseware authors, training and professional development officers and instructional technology specialists.

M.Ed. Part-time Online
2 years$1,298/module
University of New Brunswick4,4(12)
Fredericton, Canada Top 4% in Worldwide

Economics

The foundations of the MA Economics program of University of New Brunswick is a core of courses in microeconomics, macroeconomics and econometrics. Courses in regional economic development, transportation economics, environmental economics, health economics, industrial organization, public policy and applied econometrics are regularly offered.

M.A. Full-time On-campus
1 year$1,292/module
Memorial University of Newfoundland4,0(63)
St. John's, Canada Top 3% in Worldwide

Immunology and Infectious Diseases

Memorial University of Newfoundland's Division of BioMedical Sciences (BMS) in the Faculty of Medicine hosts the Immunology and Infectious Diseases (IID) graduate program, offering students the opportunity to pursue a Master of Science (MSc) or Doctor of Philosophy (PhD) degree.

M.Sc. Full-time On-campus
1 year$1,577/yr
Athabasca University4,0(35)
Online

Interdisciplinary Studies - Canada, North, and the Globe

The Interdisciplinary Studies - Canada, North, and the Globe program from Athabasca University explores the North in all its productive ambiguity and unique specificity.

M.A. Full-time +2 Online
2 years$1,658/module
Mount Allison University4,4(10)
Sackville, Canada

Chemistry

The Chemistry programme at Mount Allison University offers a research-focused Master of Science degree. This full-time, laboratory-based course provides students with hands-on experience in a close-knit academic environment. Candidates work directly with expert faculty supervisors to complete an advanced research thesis.

M.Sc. Full-time +2 On-campus
1 year$2,453/yr
University of New Brunswick4,4(12)
Fredericton, Canada Top 4% in Worldwide

Education

The Education program of University of New Brunswick teaches students how to make a difference while advancing their careers both academically and professionally.

M.Ed. Full-time On-campus
5 years$1,298/module
Brandon University4,2(14)
Brandon, Canada

Environmental and Life Sciences

The Environmental and Life Sciences at Brandon University is an interdisciplinary M.Sc. degree. This full-time programme integrates biology, chemistry, and geography to address complex ecological challenges. Students engage in high-level research within a supportive academic environment at this prestigious Canadian centre.

M.Sc. Full-time On-campus
1 year$1,341/module
Memorial University of Newfoundland4,0(63)
St. John's, Canada Top 3% in Worldwide

Mathematics and Statistics

Memorial’s Department of Mathematics and Statistics is one of the institution’s youngest – half our faculty have been hired since 2005 – and most recognized – 20% of us hold the university's highest rank, University Research Professor. This master degree in Mathematics and Statistics is available at the Memorial University of Newfoundland. 

M.Sc. Full-time On-campus
1 year$1,577/yr
University of New Brunswick4,4(12)
Fredericton, Canada Top 4% in Worldwide

Quantitative Investment Management

The Quantitative Investment Management program of University of New Brunswick prepares students for a specialized career in quantitative investment management.

Master Full-time On-campus
1 year$1,634/module
University of Lethbridge3,7(33)
Lethbridge, Canada +1 Top 9% in Worldwide

Finance

This Finance program t University of Lethbridge focuses on the study of financial markets, financial instruments and investment decision-making, and analyses alternative methods in obtaining, managing and using capital. 

Master Full-time +2 On-campus
1 year, 8 months$1,613/module
Athabasca University4,0(35)
Online

Interdisciplinary Studies - Work, Organization and Leadership

Participate in an interdisciplinary online master’s program in Interdisciplinary Studies - Work, Organization and Leadership at Athabasca University that integrates theories, methods and practices from the arts, humanities and social sciences.

M.A. Full-time +2 Online
2 years$1,658/module
Memorial University of Newfoundland4,0(63)
St. John's, Canada Top 3% in Worldwide

Anthropology

Many of our former graduate students have gone on to become professional anthropologists. The Anthropology program is offered by Memorial University of Newfoundland.

Master Full-time On-campus
1 year$1,043/yr
Athabasca University4,0(35)
Online

Interdisciplinary Studies - Heritage and Social History

The Interdisciplinary Studies - Heritage and Social History focus area at Athabasca University will provide a unique opportunity for students to study theoretical and applied issues in heritage and social history using an interdisciplinary approach.

M.A. Full-time +2 Online
2 years$1,658/module
St. Francis Xavier University (StFX)4,2(19)
Online

Adult Education

Adult Education from St. Francis Xavier University (StFX) provides students with a strong foundation of adult education theory and a better understanding of the impacts that adult education can make in peoples’ lives. 

M.Ed. Part-time Online
3 years$828/module
University of New Brunswick4,4(12)
Fredericton, Canada Top 4% in Worldwide

Electrical and Computer Engineering

The Electrical and Computer Engineering program of University of New Brunswick endeavors to create a warm, friendly, and collaborative atmosphere in which graduate students are encouraged to develop their full potential.

M.Eng. Full-time On-campus
2 years$1,298/module
University of British Columbia4,2(210)
Kelowna, Canada Top 0.5% in Worldwide

Power, Conflict, and Ideas

Understand the causes and consequences of the issues that drive our world on this Power, Conflict, and Ideas program from University of British Columbia.

M.A. Full-time On-campus
2 years$2,419/yr
University of New Brunswick4,4(12)
Fredericton, Canada Top 4% in Worldwide

Civil Engineering

The Civil Engineering program of University of New Brunswick has a long and prestigious history.

Master Full-time +2 On-campus
1 year$1,322/module
Memorial University of Newfoundland4,0(63)
St. John's, Canada Top 3% in Worldwide

English

The English Department is a dynamic and productive community of 23 full-time faculty members engaged in active research programs, graduate supervision, and publication of literary scholarship and creative writing. The English program is offered by Memorial University of Newfoundland.

Master Full-time On-campus
1 year$1,043/yr

Frequently Asked Questions

  • To qualify for a Master's programme in Canada, you need to meet several key requirements. Firstly, you must hold a recognised bachelor's degree from an accredited institution. Additionally, most programmes require a minimum GPA, typically around 3.0 on a 4.0 scale. You will also need to submit transcripts, letters of recommendation, and a statement of purpose. For international students, demonstrating proficiency in English through tests like IELTS or TOEFL is essential. Some programmes may have specific prerequisites related to your field of study. It's important to check the individual requirements of the programme you're interested in, as they can vary. For more detailed information on the application process, you can visit this guide.

  • Canada is home to several world-renowned universities that offer high-quality, affordable Master's programmes. The University of Toronto, University of British Columbia, and McGill University are consistently ranked among the top institutions globally. These universities not only provide excellent academic programmes but also offer a range of affordable masters degrees in Canada. To explore the latest rankings and find the best fit for your academic goals, you can check out the top universities in Canada on Mastersportal. This resource will help you make an informed decision based on the most current data and rankings.

  • Master's degrees in Canada are notably affordable due to several factors. Firstly, the Canadian government provides substantial funding to public universities, which helps keep tuition fees low. Additionally, the Canadian economy supports a competitive higher education market, encouraging universities to offer budget-friendly programmes to attract international students. The cost of living in Canada is also relatively lower compared to other English-speaking countries, making it an attractive destination for those seeking cheap masters in Canada. Furthermore, many universities offer scholarships and financial aid to both domestic and international students, further reducing the overall cost of obtaining an affordable master degree in Canada.

  • For international students seeking cheap master's degrees in Canada, meeting language requirements is crucial. Most Canadian universities require proof of English proficiency, typically through standardised tests like IELTS or TOEFL. The minimum score requirements can vary by institution and programme, but generally, a score of 6.5 on IELTS or 80 on TOEFL iBT is common. Some programmes may accept alternative tests like the CAEL or Pearson PTE. It's important to check the specific language requirements of the programme you're interested in, as they can differ. Ensuring you meet these requirements will help you secure a spot in an affordable masters programme and ensure you can fully participate in your studies.

  • Yes, international students in Canada are allowed to work part-time while pursuing their studies. Under the Canadian government's regulations, students with a valid study permit can work up to 20 hours per week during regular academic sessions and full-time during scheduled breaks. This flexibility allows students to gain work experience, earn some income to cover living expenses, and enhance their resumes. However, it's important to balance work with your academic responsibilities to ensure you maintain good standing in your programme. Additionally, working part-time can provide valuable insights into the Canadian job market, which can be beneficial for your future career. Always check the specific work policies of your university to ensure compliance with all regulations.

  • While tuition fees for affordable masters degrees in Canada are relatively low, there are other costs to consider. Living expenses, including accommodation, food, and transportation, can vary depending on the city you choose to study in. On average, students should budget between CAD 10,000 to CAD 15,000 per year for living costs. Additionally, health insurance is mandatory for international students in most provinces, with costs ranging from CAD 600 to CAD 900 annually. Other potential expenses include textbooks, supplies, and miscellaneous personal expenses. It's important to create a comprehensive budget that includes all these factors to ensure you can comfortably afford your studies. Many universities offer resources and guidance to help students manage these costs effectively.

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