Carleton University - Faculty of Graduate Studies and Research

Label Label Label

Business Administration - Financial Management (MBA)

Carleton University - Faculty of Graduate Studies and Research

Faculty:The Sprott School of Business
Field of Study:Business Administration and Management, General
Financial Planning and Services
Course Based:Yes
Length:16 Month(s)
Cost per year:*
Provincial: $9,299
National: $9,761
Careers:Banking, Credit and Other Investment Managers


The Sprott MBA Financial Management concentration provides the necessary tools and concepts for those who want to excel in corporate financial management. The success of an enterprise depends on the effective management of capital invested by shareholders and a proper corporate governance framework. Recent events in capital and stock markets have reinforced the importance of prudent financial and investment management for financial professionals. The financial management function cuts across strategic, tactical and operational decisions, as well as functional areas that include accounting, operations, marketing and logistics. Financial managers require an appreciation for managing the day-to-day operations of the firm (working capital), in addition to knowledge of the implications of long-term financing and investment decisions, as well as a clear understanding of the risk and return trade-offs faced by capital providers.


Test Scores:
  • Canadian Academic English Language Assessment [min. 70] or Test of English as a Foreign Language (Paper Based) [min. 580] or International English Language Testing System (academic or immigration) [min. 6.5] or Test of English as a Foreign Language (Internet Based) [min. 86]
  • Graduate Management Admission Test [min. 550]
Application Notes : The Sprott School requires that all applicants submit a GMAT (Graduate Management Admission Test) with a minimum score of 550 or an equivalent GRE (Graduate Record Exam) score. To calculate your equivalent GRE score, you can use the GRE Comparison Table for Business Schools.
Additional Admission Requirements:
  • Letter(s) of Reference
  • Resume/Curriculum Vitae
  • Statement of Research Interests
  • Work Experience
Applicants are required to have a four-year Bachelor's degree with an overall cumulative grade point average of a B, which is the equivalent of 8.0/12 on Carleton's scale. The CGPA calculation will be based on all four years of study. Applicants must also have: two academic recommendations from Professors are required unless the candidate meets the work experience criteria, as defined in theApplication Process section, in which professional references may then be substituted. Those who do not possess two years of professional work experience must complete the Internship portion of the MBA program. Those candidates who have been shortlisted may receive an invitation to participate in a video interview.

* We make every attempt to provide accurate information on prerequisites, programs, and tuition. However, this information is subject to change without notice and we highly recommend that you contact the school to confirm important information before applying.

Modified on September 01, 2022