Fees & Funding
Tuition Fees
Total tuition and fees are approximately $7,300 CDN per year for domestic students and $15,200 CDN per year for international students.
Financial Support
Funding is an important consideration for graduate students. MSc students receive a base funding package of $22,600. Additional financial support is available through opportunities to work as teaching or research assistants during the academic year. The program also offers funding to support student research activities and conference participation.
If you are a Canadian citizen or a permanent resident you may qualify for federal and/or provincial government student financial aid. U.S. students may be eligible to apply for U.S. Student Loans.
External Awards and Fellowships
MSc students are eligible for additional financial support through provincial and national fellowships, awards, and bursaries. Unlike at some institutions, receiving a major external scholarship, bursary, or internal award does not reduce the student’s base funding package for that academic year. Students intending to apply to the PhD program are strongly encouraged to pursue external fellowships early in the first term of their MSc studies.
Living Expenses
The cost to attend Smith School of Business will vary. You may find it helpful to look at an estimate of basic living expenses for students at Queen’s.
When to apply for funding
Students considering Smith School of Business should apply to SSHRC or OGS awards if eligible prior to starting the program.
Students do not have to be accepted prior to applying for these scholarships.
International Student Loans
MPOWER Financing offers loans to international students. To learn more or to start an application go to the MPOWER Financing website.
Questions?
mpower.me@mpowerfinancing.com
Note: acceptance to a program does not guarantee or imply qualification for financing.
Smith/Queen's Awards
Smith MSc/PhD Graduate Scholarship
$2,500Established in April 2025 by Smith School of Business and awarded on the basis of academic excellence to funding eligible Masters or PhD level students enrolled in the Management Program in the Smith School of Business in the School of Graduate Studies and Postdoctoral Affairs. Preference will be given to Doctoral students in Management, followed by Master of Science students in Management.
The Robert Sutherland Fellowship
$15,000The Robert Sutherland Fellowships were established in 1992 to help diversify our campus by attracting applications from visible minorities that are under-represented at Queen's. Awards are available to incoming (new to the graduate program as of September 2025) Black Canadian students and other visible minority students who are Canadian citizens or permanent residents of Canada.
Latest Sutherland Award RecipientMcCall MacBain Sustainable Finance Fellow
$15,000The Canadian Sustainable Finance Network (CSFN) is proud to offer two McCall MacBain CSFN Sustainable Finance fellowships which will be awarded to Master’s students enrolled in qualifying research-based graduate program in a CSFN partner university, with a demonstrated research interest in sustainable finance.
The Durland Learning Foundation Fellowship
$2,500Established in May 2021 by the Durland Learning Foundation and awarded on the basis of academic excellence to funding eligible Masters or PhD level students enrolled at Smith School of Business in the School of Graduate Studies. Preference will be given to students doing research in business in a domain related to social or environmental themes with particular emphasis on current and emerging issues.
Latest Durland Award RecipientThe Rani Sivanathan Graduate Scholarship
$2,500Established in February 2023 by Niro Sivanathan, BA(Hons)'01, MSc'02, in memory of his mother and in honour of the 25th anniversary of Smith’s MSc program. Awarded on the basis of academic excellence to funding eligible Masters level students, with preference given to students in the Organizational Behaviour program. Selection will be made by the PhD/MSc Awards Adjudication Committee of Smith School of Business.
Latest Rani Award RecipientThe Elizabeth Neave Fellowship
VariableEstablished in 2014 by Edwin (Ted) Neave in memory of his wife Elizabeth Lees Neave and awarded on the basis of academic excellence to funding-eligible M.Sc. students in the School of Business. The applicant is required to submit a half page outline of their research project. Selection will be made by the Smith PhD/MSc Awards Adjudication Committee.
Latest Neave Award RecipientThe Jeff McGill Graduate Fellowship
VariableThe Kamyar Moud Scholarship, established by Kamyar Moud (MSc. 2004), honours Professor Jeff McGill's contributions to Management Science. Awarded for academic excellence to MSc or PhD in Management students, it prioritizes international MSc students in Management Science, then international PhD students in Management Science, followed by other international MSc students at Smith School of Business. Nomination is by Management Science faculty.
Latest McGill Award RecipientQueen's General Bursary
VariableThe Queen's General Bursary (QGB) (summer and fall/winter) is a non-repayable grant available to students in all years of study who have a demonstrated financial need. The General Bursary application will be available in early September every year. The deadline to apply is October 31.
External Awards
The overwhelming majority of students supplement their formal funding from the school with at least one of these sources. We strongly urge you to investigate all sources of support for which you may be eligible
SSHRC - Social Sciences and Humanities Research Council of Canada
NSERC - Natural Sciences and Engineering Research Council of Canada
Ontario Graduate Scholarship Program