Study Economics in Canada from Nepal

Can You Study Economics in Canada from Nepal After +2?

Yes, you can start a bachelor’s degree in economics in Canada after +2.

Economics asks how people, firms and governments use money. You study prices, jobs, trade and banks. You use maths and data to explain them.

If you want a more direct route into company money work, compare economics with finance and accounting in Canada.

If you are more interested in countries and diplomacy than in markets, read our guide to international relations in Canada.

This guide is part of our study in Canada from Nepal series. It covers bachelor’s degrees at universities. If you are still choosing a level, read our bachelors in Canada guide first.

Students from management, science and humanities can all apply. Your maths and English marks matter most. The degree uses calculus, statistics and plenty of writing.

Amounts below are in Canadian dollars. Use our CAD to Rs forex converter to see today’s value. We round at about Rs 108 for each dollar to give you an idea.

How Do You Get Into an Economics Program in Canada?

At Toronto and UBC you join a general faculty first and apply into economics after first year, while Alberta admits you at 85 percent or more on five subjects.

Toronto’s Economics Major is a limited enrolment program. After 4.0 credits, you need ECO101H1 and ECO102H1 at 63 percent each, or ECO105Y1 at 80 percent. You also need one maths option, such as MAT133Y1 at 63 percent or MAT137Y1 at 55 percent. See the Toronto Economics Major page and the Toronto economics enrolling page.

For UBC Year 2 admission you finish 27 credits first. They include introductory micro and macroeconomics, a writing course, differential and integral calculus, and one more course from a set list. Admission is competitive and based on grades, with no published cutoff, and roughly the top 250 to 300 applicants are admitted. Read the UBC BA admissions page.

Alberta’s honours route is direct. High school applicants join the BA Honors Foundation Year with a minimum 85 percent average on five required subjects.

Mathematics 30-1 is required, and the admission GPA must be at least 3.0, with 3.3 or more in honours subject courses. The page lists no separate international rule, so ask Alberta how it reads NEB results. See the Alberta honors economics page.

McGill’s major has 36 credits, and its page says mastery of high school maths is required. It does not list a grade cutoff. See the McGill major and minor page.

So plan your first year with care, and keep a second subject in mind in case you do not get a place at once. Use your NEB result with our NEB GPA calculator. For language scores, see the minimum IELTS and PTE for Canada page, and for documents see the Canada student visa requirements.

What Do You Study in a Bachelor’s in Economics?

You study how markets and governments work, using theory, maths and statistics.

In the first years you learn microeconomics, which looks at choices made by people and firms. You also learn macroeconomics, which looks at whole countries, such as growth, prices and jobs.

Statistics is a required part of the degree. McGill, for example, lists microeconomic theory, macroeconomic theory and economic statistics for its major. Later you choose areas such as trade, banking, development or the environment.

If maths is a weak subject for you, start practising now. A student who is comfortable with algebra and graphs finds the first two years much easier.

Is Economics Hard If You Are Weak in Maths?

Economics uses maths in every year, so you should build your maths skills before you leave Nepal.

The first courses use algebra and graphs. Later courses add calculus and statistics. UBC lists calculus among the courses to finish before you apply to its major.

You can prepare at home. Revise your +2 maths, practise graphs, and read the business pages of a daily newspaper. Many students find this makes the first year much easier.

If you do not enjoy maths at all, look at a social science or a business degree instead.

Which Route Should You Take After +2 for Economics?

Choose a direct honours route if your marks are very high, and a general first year if you want time to decide.

Alberta admits students into an honours foundation year. Toronto, UBC and McGill let you start in a wider faculty and move into economics later. Each way leads to the same kind of bachelor’s degree.

A general first year gives you room to change subject. It also means you must earn good grades in set courses before you get a place. Ask each school how many students move into economics each year.

How Does Economics Differ from Business and Finance?

Economics explains how whole markets and countries work, while business and finance teach how a single company is run.

Economics uses more theory, maths and writing. A business degree uses more case studies and company skills. Finance and accounting teach money records and investment.

If you are unsure, read the finance and accounting and BBA guides listed in the jobs section below, then compare the course lists of two schools.

What Jobs Can an Economics Degree Lead To?

An economics degree can lead to analyst, research and policy jobs in banks, government and business.

Common jobs are financial analyst, policy analyst, market researcher, data analyst and research assistant. Some graduates go into banking or insurance. Others study further for a master’s degree, which our masters in Canada guide explains.

Economics is not a licensed field, so you do not need a licence to start. Some employers ask for extra training, so read each job advert for its own rules.

Want something closer to business? Compare it with the Bachelor of Business Administration or finance and accounting.

Prefer people and society? See social sciences. Like numbers? See data science.

Can You Work and Stay in Canada After an Economics Degree?

You can work part time while you study and apply for a post-graduation work permit after you graduate, but permanent residence is not automatic.

During term, international students can generally work up to 24 hours a week off campus, as the IRCC off-campus work page explains. Our guide on working over 24 hours in Canada covers the details.

After graduation, the Post-Graduation Work Permit can last up to three years, depending on the length of your program. A degree program has no field of study rule, while many college credentials do. Read our PGWP guide for the steps.

No course leads to permanent residence on its own. Read PR pathways through education in Canada to see how people plan this honestly.

How Much Does an Economics Degree Cost in Canada?

International tuition is about CAD 54,000 a year at McGill and CAD 66,110 at Toronto, which is roughly Rs 58 lakh to Rs 71 lakh.

Fees below are for first-year international students in 2026-27 and exclude housing and food. For those, read our cost of studying in Canada guide.

Sources: Toronto Tuition Explorer and McGill BA fees. McGill says its fees are typical annual amounts for 30 credits, and Toronto’s figure is for Year 1 Arts and Science streams.

UBC and Alberta do not give a clear economics fee on the pages we read. UBC sends you to its cost estimator, and Alberta sends you to its cost calculator and your offer letter, which states your full program tuition. Check those for your year.

For the money you must show for the visa, read Canada proof of funds. You can find funding options in our scholarships to study in Canada guide. Start dates are in the Canada intakes guide.

Because economics entry can depend on first-year results, ask each university how and when you can apply into the program before you pay any deposit.

How Can Goreto Help You Apply?

Goreto counselors help you pick a university, check your marks and prepare your papers.

You can meet a counselor at our Kathmandu, Lalitpur, Chitwan, Itahari or Pokhara branch. Visit get in touch to find the nearest office.