The internship component of the Master of Financial (MFI) program is an essential and key aspect of the program.

Students are required to complete an internship during the summer semester beginning in May 1 and ending Aug 31. The internship provides a strong experiential learning component and students must complete a detailed report, and deliver a presentation of their findings.

The MFI program has a dedicated internship coordinator who will assist in placing students in a firms whose expertise lie in finance and/or insurance and their interface.

It is ultimately the student’s responsibility for securing an internship, and although the MFI program’s Internship coordinator and Director will assist in this process, the program cannot guarantee internships. In the event that a student wishes to complete a research project in place of the internship, they must contact the program Director to discuss this route.

Based on our experience with industrial internships in other professional programs at the University of Toronto, as well as the high caliber of skills that students admitted to program will possess, we anticipate that all students who wish to be placed in an industrial internship will be successful. Furthermore the program achieved a 100% internship placement rate in our first year.

Our partnership organizations include:

  • Berkshire Hathaway
  • CI Investments
  • Manulife
  • Munich Re
  • Ontario Ministry of Finance
  • Scotiabank
  • TD Bank

Internship Requirements:

Students must submit the following items during and at the end of the internship:

Internship project proposal

All students submit a project proposal to the Program Director along with the name of the advisor by April 15. The proposal will be evaluated and modifications will be made if necessary. Final approval is required by May 15.

Interim report

All students submit an interim report to the Program Director by July 7 describing progress in the first half of the summer term.

Final report and presentation

Students must submit a final report describing the details of the project including: the context of the problem, the methods of analysis, the results and interpretation of their analysis. Students must also present their project to an audience consisting of the Program Director, their peers and industry participants.