University Overview

Established in 1827, University of Toronto is a non-profit public higher-education institution located in the urban setting of the metropolis of Toronto (population range of 1,000,000-5,000,000 inhabitants), Ontario. Officially recognized by the Ministry of Training, Colleges and Universities of Ontario, University of Toronto (UofT) is a very large (uniRank enrollment range: over-45,000 students) coeducational Canadian higher education institution. University of Toronto (UofT) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. See the uniRank degree levels and areas of study matrix below for further details. International applicants are eligible to apply for enrollment. UofT also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, study abroad and exchange programs, as well as administrative services.

Rotman School of Management is a part of the University of Toronto and is highly recognized across the globe for its MBA courses. There are several programs for working professionals to choose apart from the Full-Time MBA program, including the Morning and Evening MBA, Master of Finance, Global Executive MBA, One-Year Executive MBA, Master of Management Analytics, Master of Financial Risk Management, and the Graduate Diploma in Professional Accounting. 

Admission applications to Rotman School of Management for the upcoming session opens in August and September 2021. The school has a stringent admissions policy and applicants are required to have competitive scores. MBA class of 2022 reported students had an average of 4 years of work experience and a 670 GMAT score. The average GPA of the class was reported as 3.5 (87-89%, B+ grade). It is suggested that those planning to get admission with Rotman School of Management aim at beating these average scores instead of merely fulfilling the minimum requirement.

Why Rotman School of Management?

• Top ranking business school in Canada and recognized globally for its employer reputation. 
• Rotman offers highly affordable MBA programs as compared to US top b-schools.
• Four million CAD assistance through various scholarships, fellowships, and more. 
•  MBA graduates experience a salary hike of 77% after completion of their degrees.

Business School Rankings

Home > Professional Development > Executive Programs > Why Rotman Executive Programs > Business School Rankings

Canada’s #1 Open Enrolment Executive Education Provider as ranked by the Financial Times in 2020.

Financial Times 2020 Open Enrolment Rankings

Estimated tuition fees for the Full-Time MBA Class of 2024

The tuition fees charged for each session of registration have three components:

• Academic fee
• Rotman ancillary fees
• University incidental fees

The estimated annual tuition fees for the Full-Time MBA Class of 2024 starting the MBA program in September 2022, are listed below in Canadian dollars (CAD) and US dollars (USD): Full-Time MBA academic fees*

	Total academic fee	1st year academic fee	2nd year academic fee
Canadian citizens and permanent residents	CAD $94,854 USD $74,512	CAD $48,270 USD $36,347	CAD $48,584 USD $38,165
International students on a study permit	CAD $131,120 USD $103,001	CAD $64,910 USD $50,990	CAD $66,210 USD $52,011

Fees above do not reflect tuition for our combined degree programs. US dollar (USD) figures are based on the annual exchange rate of $1.2730 CAD to USD set by the Bank of Canada as of December 31, 2020.
JD/MBA academic fees*

	Year 1 – Law	Year 2 – MBA	Year 3 – MBA	Year 4 – MBA
Applicable Fee**	Law Fee	CAD $48,584 USD $38,165	CAD $48,584 USD $38,165	CAD $48,584 USD $38,165

In addition to the annual academic fee noted above, students are required to submit payment for University incidental fees* and Rotman ancillary fees*:

• The University incidental fees amount to approximately CAD $1,600, which covers the terms from September – end-April and include campus fees and student society fees. The University Health Insurance Plan (UHIP) fee will automatically be added to fees invoices for International Students only. The 2018 UHIP annual amount was CAD $612. More information regarding UHIP may be found at http://www.studentlife.utoronto.ca/cie/uhip
• The Rotman ancillary fees amount to approximately CAD $650, for the first year of the MBA program. Additional details, information and finalized amounts will be updated as available and found on your fees invoice, available in mid-July.

*Please note that the annual academic fee, University incidental fees and Rotman ancillary fees are set by the University and are subject to change. The University incidental fees amount noted above for future academic years are subject to approval by the Governing Council’s annual meeting in May.

Typical living expenses

The following is an estimate of the minimum funds a single student will need for living expenses for the first 12 months in Toronto:

• Textbooks: CAD $2,000
• Laptop: CAD $1,600 – $2,000
• Accommodation: CAD $8,000 – $14,000
• Food: CAD $4,000 – $5,500
• Personal expenses: CAD $2,000
• Public transportation: CAD $1,300
• Health Insurance (UHIP) for International students: CAD $756
  Total CAD $19,656 – $27,556

Costs, which will vary by individual, are listed in Canadian dollars (CAD) and based on residency in downtown Toronto.