MBA at University of Toronto, Check Your Eligibility, Admission criteria, Fees and Scholarship Options.

MBA at University of Toronto: The University of Toronto, home to the prestigious Rotman School of Management, is a highly sought-after destination for ambitious MBA candidates. Ranked #1 in Canada and #40 worldwide according to the QS World Rankings, the Rotman School offers an exceptional learning experience at one of the world’s top business schools.

With a blend of academic excellence, diverse course offerings and strategic location in the heart of Toronto, Rotman is a gateway to global business opportunities. If you are considering pursuing an MBA at the University of Toronto, this article covers everything from eligibility requirements, fees, scholarships and more. MBA Programs Offered by Rotman School of Management Rotman offers a wide range of MBA programs designed to meet the needs of students at different career stages.

The Full-Time MBA is a two-year program that combines 16 months of academic study with a four-month paid internship, providing experiential learning and international study opportunities. Students can choose from over 100 elective courses, allowing them to customize their learning experience.

MBA at University of Toronto: MBA Program

For working professionals, Rotman offers the Morning MBA or the Evening MBA, which allow students to continue their careers while studying twice a week, before or after work. These programs take three years to complete and offer professionals the flexibility they need to balance work and study.

The one-year Executive MBA is designed for senior professionals and executives, providing an intensive leadership experience over 13 months. The program aims to enhance strategic insight and leadership skills through interaction with globally recognized faculty and industry leaders.

For those seeking a global perspective, the Global Executive MBA offers a transformational 18-month program held in seven cities across four continents. In collaboration with the SDA Bocconi School of Management, this program focuses on personal leadership development on a global scale. Similarly, the Global Executive MBA in Healthcare and Life Sciences is a 15-month program designed to provide global insights into healthcare management, held across three continents.

Rotman also offers joint degree and specialization programs, allowing students to combine their MBA with another degree from the University of Toronto, saving time and enhancing their qualifications. Application Deadline:

Prospective MBA students should be mindful of the application deadlines for the full-time MBA class, which begins in September 2025. The last date of application has been organized in four different phases, which are as follows:

Round 1: September 25, 2024

Round 2: January 15, 2025

Round 3: March 5, 2025 (International students are encouraged to apply their applications during this round.)

Round 4: April 30, 2025

Due to the substantial number of applications and the competitive characteristics of the programme, it is advisable, especially for international applicants, to submit their applications by Round 3 to ensure sufficient time for visa processing.

Admission Requirements: To be Eligible

Applicants must meet several admission requirements to be eligible for the MBA program at the Rotman School of Management. First, candidates must have an undergraduate degree from an accredited university with a GPA of a minimum of 3.0 (mid-B average) in the final year.

For international students, the University of Toronto offers an international degree equivalency site to help calculate GPA equivalents. Satisfactory scores on the GMAT or GRE are also required. While the GMAT is the more common option, exemptions from this requirement may be granted to candidates who have specific qualifications such as passing the Level II exam of the CFA designation or earning a CPA designation. Applicants who have achieved high academic distinction in their undergraduate studies at the University of Toronto may be eligible for an exemption.

Additionally, candidates must have strong professional references as well as at least two years of full-time work experience. The application process requires candidates to submit an essay as well as a video interview, demonstrating their communication abilities and personal motivation.

International applicants must also provide proof of English language proficiency through tests such as TOEFL or IELTS. After review, selected candidates will be invited to an interview, which is the final step in the admissions process.

Tuition Fees and Living Expenses:

The tuition fees for the full-time MBA program at Rotman are quite high, which is an indication of the quality of education and opportunities available. For the Class of 2026, tuition fees for the entire program are CAD $92,540 for Canadian citizens and permanent residents, while international students are charged CAD $139,140.

The fees are distributed across the first and second year of study, with Canadian residents paying 46,270 Canadian dollars annually. In contrast, international students pay 68,880 Canadian dollars during the first year and 70,260 Canadian dollars in the second year.

Students should also consider the cost of living in Toronto, which is estimated to range from CAD $23,856 to CAD $38,756 for the first 12 months, in addition to tuition fees. These expenses include accommodation, meals, personal expenses, public transportation, and health insurance (for international students).

Other academic expenses include textbooks and laptops, which are estimated to cost between CAD $3,600 and CAD $4,000. Given the high cost of living in Toronto, international students are advised to budget accordingly.

Scholarships and Financial Aid:

The Rotman School of Management offers extensive scholarship opportunities, with more than 6 million Canadian dollars in scholarships and awards distributed each year. One-third of all MBA students receive entrance awards, which are based on academic merit. These awards range from 10,000 Canadian dollars to 90,000 Canadian dollars, and do not require a separate application – candidates are automatically considered during the admissions process.

Some notable scholarships include the Joseph L. Rotman Scholarship, which is awarded to outstanding candidates, and the Dean Scholars Awards, which are given to students with exceptional academic and leadership potential. There are also awards for in-program students and special scholarships such as the Jeffrey Skoll Scholarship and the CIBC Scholarship, which aim to support students in specific fields such as life sciences and healthcare. The U of T Indigenous Tuition Grant provides supplemental financial support to Indigenous students.

These scholarships not only help ease the financial burden of tuition but also provide recognition and opportunities for networking with industry leaders and alumni.

Also Read: MICAT 2025: Registration Begins at mica.ac.in for MBA Admissions