Bachelor of Arts – Finance and Economics – Honours

The Bachelor of Arts in Finance and Economics is a four-year degree program offered at Algoma University. Uniquely combining both finance and economics disciplines into a single comprehensive degree, the program equips students with advanced skills in financial analysis, management, and economic forecasting:

• Dual Focus Integration: Merges economic principles with practical financial analysis and business management to provide a holistic view of financial markets and economic systems.

• Curriculum Focus: Covers regional, national, and international policy-related topics including microeconomics, urban economics, international trade and finance, public finance, environmental economic policy, and statistical methods for economists.

• Interactive Learning Environment: Features small class sizes and close faculty interaction, fostering hands-on learning and personal mentorship from professors.

• Career Preparation: Prepares graduates for roles in financial analysis, economic research, public policy planning, banking, risk management, and international trade.

Academic Background: Grade 12 / High School Diploma.

Minimum GPA: 50.0%

Minimum Language Test Scores:

• IELTS: 6.0

• TOEFL: 79.0

• PTE: 60.0

• Duolingo: 110

Conditional Admission Options:

• Direct Admission (Pending Scores): Applicants awaiting official language results can apply directly and receive a conditional offer, provided qualifying passing scores are submitted prior to receiving a final offer letter.

• English Pathway Courses: Applicants may satisfy language requirements by completing English language courses prior to beginning their academic program. The required duration depends on the student’s initial proficiency level.

Entrance scholarships for international students at Algoma University are automatically applied upon admission review and available for undergraduate and post-secondary certificate programs:

Chancellor's Award ($5,000 CAD/year, up to $20,000 CAD total): Awarded to high school graduates enrolled full-time (15 credits/term). Requires an A+ average (or 90–100% OSSD equivalent) and higher English scores (IELTS 7.0 / TOEFL 85 / PTE 65 / Duolingo 125). Renewable for up to 3 additional years if the student maintains an 80% annual average, registers for at least 12 credits/term, and has no failed courses. Recipients who transition to Canadian Permanent Residency remain eligible for renewal.

President's Award ($2,500 CAD, one-time): Granted to Ontario Secondary School (OSSD) graduates entering their first year full-time (12 credits/term) with an average of 80% – 89.9% across their top six Grade 12 U/M courses.

The Dean's Award ($1,000 CAD, one-time): Granted to incoming first-year international students studying full-time (minimum 12 credits/term) who hold a minimum B+ academic standing (or equivalent).

Award of Excellence ($500 CAD, one-time): Granted to incoming first-year international students studying full-time (minimum 12 credits/term) who hold a minimum B academic standing (or equivalent).