Master of Financial Insurance

The Mastercard Foundation Scholars Program at the University of Toronto (U of T) is a fully funded scholarship program for graduate studies at Canada’s leading institution of learning, discovery, and knowledge creation.

The University of Toronto is proud to be one of the world’s top research-intensive universities, driven to invent and innovate. Prospective scholars will develop their capacity and networks to engage in diverse healthcare professions and healthcare ecosystems in Africa. Upon completion of the program, it is expected that Scholars will return to their home countries and engage in self-employment or work in a range of health-related professions to advance the health outcomes within their countries upon completion.

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Pillar: Health Ecosytems

Program Status: Active


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The Master of Financial Insurance (MFI) program is a 12 month (3 term) program comprised of 8.5 half courses [4.0 full course equivalents (FCEs)], STA2546 (0.25 FCE) Data Analytics In Practice, one Statistical Sciences level 4000 graduate course related to finance/insurance (0.25 FCE), and an industrial internship (1.0 FCE).

Students proceed through the program as a single cohort, following a common course of study which is fully integrated and computer-laboratory intensive. Course projects and assignments are designed to integrate the material from multiple courses and their application in real-world practical contexts. Students will develop excellence in communication and presentation skills that are emphasized in both the oral and written components of the projects.

Partners Involved

The Master of Financial Insurance program is proudly offered by the Department of Statistical Sciences at the University of Toronto.

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Get in contact

Andrei Badescu, PhD

Program Director, MFI

Shari Kurgatnikov

MFI Internship and Outreach Administrator

Sarah Lee

Graduate Administrator

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Centre for Reimagined Africa (CRA)

University of Toronto

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