Bachelor of Economics in Canada is a 3 or 4-year undergraduate course that provides students with comprehensive knowledge on economics, such as inflation, unemployment, the national debt, taxation policy, labour force analysis, social policy reform, international trade policy, natural resource and environmental economics.
This course is often offered as a Bachelor of Arts degree. Additionally, it is also offered as a commerce and business degree.
In addition, this course in most Canadian universities, as-
- Honours in Economics
- Specialisation in Economics
- Major in Economics
- Minor in Economics
- Minor in Analytical Economics
Via this degree, you will get advanced knowledge of areas like-
- Financial Economics
- Public Policy
- Econometrics
- Statistics
- Economy Theory etc.
Why study this course in Canada?
- Leading universities offer this course.
- SAT/ ACT scores are not required.
- Job prospects are excellent after graduation. The salary of an Economist in entry-level job positions is around CAD 60,000 per year.
- This course can help you make a career in Economics areas as-
- Economic analyst
- Economic development officer
- Financial auditor
- Financial controller
- Inventory analyst
- Investment Analyst
- Labour policy analyst
- Labour relations officer
- Pollster
- Real estate development
Top Universities for Bachelor of Economics in Canada
According to the QS World University Rankings by Subject 2023, these are among Canada's best institutes for business and economics degrees.
Global Ranking 2023 |
University |
Location |
18 |
University of Toronto |
Toronto, Canada |
22 |
University of British Columbia |
Vancouver, Canada |
90 |
McGill University |
Montreal, Canada |
123 |
Western University |
London, Canada |
111 |
University of Montreal |
Montreal, Canada |
201-250 |
York University |
Toronto, Canada |
151-200 |
University of Alberta |
Edmonton, Canada |
129 |
Queen’s University at Kingston |
Kingston, Canada |
201-250 |
University of Calgary |
Calgary, Canada |
201-250 |
University of Waterloo |
Waterloo, Canada |
Master of Economics in Canada
|
Best Economics Undergraduate Programs in Canada
University |
Economics Courses |
University of Toronto |
Bachelor of Arts in Economics |
University of British Columbia |
Bachelor of International Economics |
Bachelor of Arts in Economics |
|
University of Alberta |
Bachelor of Management in Business Economics |
York University |
BA in Business Economics |
BA in Economics |
|
University of Victoria |
BA/ BSc in Economics |
University of Calgary |
Bachelor of Arts in Economics |
University of Windsor |
Bachelor of Arts (Honours) in Economics |
Bachelor of Science (Honours) in Economics |
|
McMaster University |
Honours Economics and Computer Science (BA) |
Honours Economics and Mathematics (BA) |
|
University of Ottawa |
Honours Bachelors in Economics |
Honours Bachelors in Economics and Public Policy |
|
Honours in International Economics and Development |
Bachelor of Economics Fees in Canada
The table below shows international students' tuition fees for a bachelor's degree in Economics in Canada.
University |
Annual fees in CAD |
University of Waterloo |
42,000-43,000 |
Concordia University |
47,205.25 |
University of British Columbia |
43,668.9 |
McMaster University |
48,716 |
University of Manitoba |
18,100 |
Thompson River University |
26,582.02 |
University of Calgary |
24,529.84 |
Lakehead University |
27,759.79 |
Bachelor of Economics in Canada: Admission Process and Requirements
Application Process and Document Checklist
These are the documents you will require in the application process:
- Class 10 and 12 transcripts, provisional and character certificate
- Valid English Proficiency Scores
- Completed application
- CV
- Application fees
- Statement of Purpose (SOP)
- Passport
- Proof of Scholarships, if any
- Letter of Recommendations.
University-Specific Entry Requirements
University of Waterloo
- Course Name: Bachelor of Arts in Economics
- Course Duration: 4 years
- English Test Scores:
- IELTS: Overall 6.5, minimum 6.5 in writing and speaking, 6.0 in listening and reading
- TOEFL: Overall 90, minimum 25 in speaking and writing
- PTE: Overall 63, minimum 65 in writing and speaking
- Academic Requirements: Applicants must pass class 12/ high school diploma with a minimum final grade of 70%.
University of Concordia
- Course Name: Bachelor of Commerce in Economics (Co-op)
- Course Duration: 3 to 4 years
- English Test Scores:
- TOEFL: Overall 90, minimum combined score of 34 in speaking and writing.
- PTE: Overall 61
- Academic Requirements: Applicants must pass Canadian high school or other international high schools with a minimum of 3.0 GPA on a 4.30 scale.
University of British Columbia
- Course Name: Bachelor of Arts in Economics (Co-op)
- Course Duration: 4 years
- English Test Scores:
- IELTS: Overall 6.5, minimum 6.0 in each band
- TOEFL: Overall 90, minimum 22 in reading and listening, 21 in writing and speaking.
- PTE: Overall 60, minimum 60 in each band
- Academic Requirements: Applicants must pass an international high school diploma with a minimum of 76%. Prerequisite courses include mathematics or statistics.
McMaster University
- Course Name: Bachelor of Arts in Economics
- Course Duration: 3 years
- English Test Scores:
- IELTS: Overall 6.5, minimum 6.0 in each band
- TOEFL: Overall 86, minimum 20 in each field
- PTE: Overall 60, minimum 60 in each band
- Academic Requirements: Applicants must pass an international high school diploma with an average GPA of 3.5.
University of Manitoba
- Course Name: Bachelor of Arts (Honours) in Economics (Co-op)
- Course Duration: 3+ years
- English Test Scores:
- IELTS: Overall 6.5, minimum 6.0 in each band
- TOEFL: Overall 86, minimum 20 in each field
- PTE: Overall 60, minimum 60 in each band
- Academic Requirements: Applicants must pass an international high school diploma with an average GPA of 3.0.
- Application fee: CAD 120
Thompson River University
- Course Name: Economics Major, Bachelor of Arts
- Course Duration: 4 years
- English Test Scores:
- IELTS: Overall 6.5, minimum 6.0 in each band
- Academic Requirements: Applicants must pass a grade 112 with a minimum of 73%.
Lakehead University
- Course Name: Economics, Honours Bachelor of Arts
- Course Duration: 4 years
- English Test Scores:
- IELTS: Overall 6.5, minimum 6.0 in each band
- Academic Requirements: Applicants must pass an international high school diploma with a minimum of 70%.
Scholarships
University |
Awards |
Amount (CAD) |
University of Alberta |
International Admission Scholarship |
C$5,000 |
Gold Standard Scholarship |
Up to C$6,000 |
|
McGill University |
Entrance scholarships for future undergraduates |
C$3000 to C$12,000 |
McMaster University |
The Woo Family International Entrance Scholarships |
C$3000 |
Provost Entrance Scholarship for International Students |
C$7500 |
|
Dalhousie University |
Entrance Scholarships |
C$4000 to C$8000 |
The University of Canada West |
Scholarships for Academic Excellence |
C$4000 to C$12,000 |
Second Language Excellence Scholarship |
C$8000 |
Study in Canada
|
Scope and Jobs after Bachelor of Economics in Canada
Through this degree, you will be able to learn how to model and forecast economic activities or get a comprehensive understanding of contemporary economics and/or business. You'll also develop skills to analyse practical business problems, such as
- Market forecasting
- Pricing policies
- Strategic financing
- Business development
Consequently, after completing a Bachelor of Economics, you can work in economics-related roles in several industries.
Possible employers:
- KPMG LLP Canada
- Sun Life Financial
- The Co-operators
- Human Resources and Social Development Canada
- Ontario Ministry of Infrastructure
- Buytopia
- Lug
- Professional and Business Economist
- Banking
Job Title |
Range |
Average |
Financial Analyst |
C$44k - C$73k |
C$56,441 |
Data Analyst |
C$45k - C$78k |
C$58,382 |
Account Manager |
C$41k - C$86k |
C$58,146 |
Business Intelligence (BI) Analyst |
C$48k - C$80k |
C$62,556 |
Financial Controller |
C$57k - C$118k |
C$83,931 |
Project Manager (Unspecified Type / General) |
C$49k - C$110k |
C$73,494 |
Economist |
C$40k - C$99k |
C$63,848 |
Tax Economist |
C$45,000 – C$73,000 |
C$57,409 |
International Trade Specialist |
C$67,000 – C$145,000 |
C$102,751 |
Statistician |
C$38,000 – C$71,000 |
C$51,248 |
Executive Director |
C$55,000 – C$113,000 |
C$78,168 |
Agricultural Economist |
C$48,000 – C$127,000 |
C$77,123 |