Program Fees
Program fees include tuition, books and materials and the Student Assistance Levy at Queen’s.
| Payment Type | Due Date | Domestic CNY* |
International CNY* |
|---|---|---|---|
| 1st Installment (Deposit) | Upon acceptance | ￥16,000 | ￥27,000 |
| 2nd Installment | August 15, 2024 | ￥81,000 | ￥202,000 |
| 3rd Installment | February 1, 2025 | ￥97,000 | ￥229,000 |
| Total | ￥194,000 | ￥458,000 |
* Due to Chinese Ministry of Education requirements, students paying program fees for a program delivered in China must pay their fees in Chinese Yuan Renminbi.
* Domestic Tuition for Class of 2025 will be updated on November 1st, 2023
Fees are subject to final approval from the Queen’s Board of Trustees.
Financing
Canadian students accepted into the Master of Finance Beijing Program can now apply for OSAP. As stated on the OSAP website, OSAP is a needs-based program and provides eligible Ontario students with financial assistance to help pay for their tuition, books, mandatory fees, living costs and transportation. Please visit OSAP to determine your eligibility and to apply for an OSAP loan.
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
Suzanne Doherty
suzanne.doherty@rbc.com
1.613.544.5640
Afsheen Asif
afsheen.asif@rbc.com
1.613.545.5746
Gillian Reynard
gillian.reynard@rbc.com
1.613.389.4922
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.
Scholarships
Renmin/Queen's Scholarships
Scholarships are awarded to candidates on the basis of merit.
- Academic excellence throughout a candidate's academic career
- Strong references
- Excellent performance during the admissions interview
- Exceptional GMAT or English-proficiency test results (if applicable)
All candidates are automatically considered for a scholarship. If you are selected to receive an entrance scholarship, we will communicate this to you at the time of your acceptance.
Canada Learning Initiative in China
The Canada Learning Initiative in China (CLIC) is a Canada-wide study abroad program that connects Canadian students with Chinese universities. CLIC creates innovative and meaningful ways for students to continue their education in China.
The Scholarship is only available for Canadian Citizens and includes:
- A 3000 yuan (≈$600) per month stipend
- Subsidized accommodation
- Free medical insurance
Visit the CLIC website for the application instructions. You may also review the CLIC Webinar for more information about the funding.
The application deadline is March 1st, meaning a student needs to be admitted into the program before the deadline.
Scholarships for Black Students
$10,000 scholarship awarded annually to 1 student entering the MFin - Beijing program. Given to an equity-deserving candidate who self-identifies as Black and demonstrates academic excellence, community involvement, and proven leadership experience. This scholarship is merit-based and will be awarded on the basis of an applicant’s essay submission, as well as the overall strength of their application profile. Selection will be made by a Smith EDII Scholarship Committee.
Essay submission deadline is March 15th. Please contact our Recruitment & Admissions team for more information.
Scholarships for Indigenous Students
$10,000 scholarship awarded annually to 1 student entering the MFin - Beijing program. Given to an equity-deserving candidate who is Indigenous-identified and demonstrates academic excellence, community involvement, and proven leadership experience. This scholarship is merit-based will be awarded on the basis of an applicant’s essay submission, as well as the overall strength of their application profile. Selection will be made by a Smith EDII Scholarship Committee.
Essay submission deadline is March 15th. Please contact our Recruitment & Admissions team for more information.