For information on current health and safety requirements, visit the Smith information page.

Program Fees

Payment Type Due Date Domestic International
Deposit Upon Acceptance $2,000** $2,000**
1st Installment Nov 1, 2021 $12,813 $23,568
2nd Installment Jan 1, 2022 $14,813 $25,568
3rd Installment May 1, 2022 $14,814 $25,569
Total $44,440 $76,705

Fee schedule is subject to change.

Travel Costs

Students are responsible for all travel arrangements, costs, and meeting any travel requirements.

Residential Session Costs

Accommodation is not included for the opening session in Toronto. For the second residential session, which is in Kingston, accommodation is included. Some meals for residential sessions are included in program fees.

All figures in CAD.

International students may be required to purchase the University Health Insurance Plan (UHIP) if they cannot provide evidence of equivalent coverage.

A person is classified as a domestic student if they have Canadian citizenship, landed immigrant status, permanent resident status or dual Canadian citizenship.

Fees are subject to final approval of Queen’s Board of Trustees and Ontario Ministry of Training, Colleges and Universities.


Ryan Riordan headshot

“A consistent refrain from employers is the growing need for managers with a solid understanding of both finance and the impact of data science and machine learning. With the rapid advance of fintech and other developments, this demand continues to grow. Smith’s MFIT program will fill this skills gap.”

Ryan Riordan
Associate Professor & Distinguished Professor of Finance,
Director of MFIT, Smith School of Business
Director of Research, Institute for Sustainable Finance



Smith School of Business has partnered with RBC to offer a student line of credit tailored to your needs. We recommend you reach out to one of the contacts below, as they are familiar with our program and your financing needs.

Alternatively, please contact the RBC Advice Centre at 1-800-769-2511 or visit your local RBC branch to speak to an advisor.

Canadian citizens and permanent residents of Canada only. Acceptance to the program does not guarantee or imply qualification for financing.

RBC Contacts
Julia Perkins

Vivien Threlfall

Suzanne Doherty

MPOWER Financial

MPOWER Financing offers loans to international students. To learn more or to start an application go to the MPOWER Financing website.


Note: Acceptance to a program does not guarantee or imply qualification for financing.

Smith's MFIT program is recognized by the Vector Institute for Artificial Intelligence as delivering a curriculum that equips its graduates with the skills and competencies sought by industry. All students meet eligibility requirements to apply for Vector Institute Scholarships valued at $17,500.

Smith School of Business is pleased to offer Dean's Entrance Scholarships to applicants on the basis of outstanding academic and professional achievements.

Participants who pay all or part of the program fees personally are eligible to claim a tuition tax credit on the tuition portion of the fees. For more information, ask a professional income tax advisor to give you an assessment of the impact of your tuition on your personal tax situation.

You and/or your spouse may be eligible to make tax-free withdrawals from your RRSP's to help fund your education. This program is considered full-time and is eligible for withdrawals under the LLP. Please contact your income tax advisor for details.

Eligible employers can get government funding to help employees access training opportunities. For more information visit the website.

Download the tuition breakdown (PDF) for the class of 2022.

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