University of Toronto MBA (Full Time) Fees, Eligibility, GMAT Score & Deadlines

    Toronto, OntarioLocation
    UniversitySchool type
    Estd 1827established year

    Master of Business Administration [M.B.A]

    2 years
    full time
    On Campus
    Course Based

    Field of Study: 

    4.8 3 Reviews | Ranked #18 out of 1200 by THE Global Ranking 2022

    CA$50.4 L/Yr

    CA$5,041,640 /Yr
    • The Master of Business Administration (MBA) at the University of Toronto is a full-time program offered for a duration of 2 years. program (4 sessions).
    • The Rotman MBA is currently ranked by the Financial Times as one of the top 22 programs in North America, and in the top 40 worldwide.
    • The University of Toronto also ranked 2nd in Maclean’s Top 10 in 2020 for business programs.
    • More than 90 elective course offerings allow students to customize their MBA experience.
    • MBA from the University of Toronto’s Rotman School of Management gives the knowledge, agility, and confidence need to transform student futures. 
    • The student can choose any one of the following fields by the area of interested:
      • Brand Management
      • Business Design
      • Consulting
      • Funds Management
      • General MBA
      • Financial Reporting and Analysis
      • Global Management, and etc
    • The faculty and student ratio for this program is 1:19.
    • The management faculty at Rotman is the largest in Canada and is ranked among the top twenty globally for business research.
    • The full-time MBA Program has approximately 350 spaces for the September 2020 start.
    • The Rotman MBA program gives a strong foundation in the traditional functional areas of business: strategy, operations, accounting, finance, marketing, human resources, and leadership.
    • Students can apply for scholarship programs initiated by the Government of Canada up to 40,664 USD per year.
    • Students may have job opportunities as a financial analyst, business analyst, etc with an average salary of 47,199 USD per year.
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    Important Dates

    Event Start Date End Date
    fall Oct 30, 2018 Oct 30, 2019

    Fees & Funding

    Tution & Application Fees

    SemesterSemester 1Semester 2Semester 3
    Tuition Fees000
    Health Insurance0CA$12345CA$12345
    Books and supplyCA$12131CA$12345CA$12345
    Compulsory FeesCA$2323CA$12789CA$12789
    International differential feeCA$12112CA$345676CA$345676
    Miscellaneous expensesCA$23455CA$23455
    Other FeesCA$45676CA$45676
    Total FeesCA$797961CA$797961CA$797961

    Eligibility & Entry Requirement

    Academic Eligibility:

    • An appropriate bachelor's degree, or its equivalent, with a final year average of at least mid-B from a recognized university.
    • Applicants should have obtained a minimum undergraduate GPA of 3.0 or the equivalent in the last 60 semester hours (approximately two years of work).
    • Students must be qualified in IELTS or TOEFL and GMAT to get admission in this program.
    • A minimum of two years of full-time work experience is strongly recommended.

    Indian Student Eligibility:

    Indian students are eligible to apply if they meet one of the following eligibility criteria:

    • Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 from Indian Institutes of Technology
    • A Minus GPA: 1st Class/Div or 9/10; 8.5/10 from Indian Institutes of Technology
    • B Plus GPA: 1st Class/Div or 8.5/10; 8/10 from Indian Institutes of Technology
    • Bachelors Equiv: Bachelor`s Degree, requiring a minimum of 4 years of study (e.g. BPharm, MBBS, BDS, BTech, BEng, BArch, etc.) or completion of BOTH a Bachelor`s (three-year) degree and a Master`s
    • Masters Equiv: MPhil; MTech; MEng; MSc (Eng)

    Scores Required

    100 / 120

    Avg. Score in


    7.0 / 9

    Avg. Score in


    663 / 800

    Avg. Score in


    3 / 4

    Minimum gpa


    Required Document List

    The Documents required are:

    • College Transcripts: The marks statement provided by the education board after completion of the previous academic qualifications.
    • Financial Documentation: The Proof that shows the financial background of the student.
    • Letter of Recommendation: This shows who recommended the student to pursue the degree.
    • Statement of Purpose: This is an essay or any written statement written by the student while applying.
    • Resume/CV: This provides a summary of the experience and skills of the student.
    • Tests Score statement: IELTS/TOEFL/PTE or other English proficiency testing results.


    Times Higher Education logo
    Management #18 out of 1200 in Global Ranking

    QS World University logo
    Management #42 Ranking of: Rotman School of Management

    Living Costs

    HeadAvg Cost Per Year

    VISA & Work Study


    • International Students will need to apply for a valid Student VISA before entering Canada.
    • An immigration document that allows students to live and study in Canada.
    • They must have a student visa to enroll in any degree, program or course that takes more than 6 months to complete.
    • Whether students also need an Entry Visa depends on their country of citizenship.
    • The Temporary Resident Visa (Entry Visa) is a stamp placed on their passport that allows them to enter Canada.
    • A visa is usually valid for the length of the student’s study program, plus an extra 90 days. 
    • The students need these documents to apply for a student VISA:
      • Proof of acceptance i.e The offer letter that the student received from the university.
      • Proof of identity 
      • Proof of financial support i.e Documents showing the financial status.

    Work Study

    • Both full-time and part-time students can avail of work while studying in Canada options.
    • A student can be hired for only one Work-Study position. Students can find and apply for jobs on Career Exploration and Education website.
    • Student eligibility for the Work-Study Program is based upon students meeting this criterion:
      • Have proof of a government student aid package of at least 1,500 USD.
      • Be registered at the University of Toronto as a full-time undergraduate or graduate student in both terms.
      • Have achieved a satisfactory academic standing with a minimum 2.0 institutional grade point average in their previous academic session
    • The Work-Study Program gives the student a chance to work On-campus if the student is a full-time student:
      • Work Part-time during the academic year to earn around 2,250 USD
      • Work Full time during the summer months to earn close to 4,500 USD
    • The students can work up to 20 hours per week off-campus or on-campus during regular breaks.

    Career and Placement after Course

    Job profiles after completing this program:

    • Healthcare Administrator
    • Information Systems Manager
    • Operations Research Analyst
    • Business Operations Manager
    • Management Analyst
    • Market Research Analyst
    • Accountant
    • Financial Analyst

    Scholarship Grants & Financial Aids

    Name AmountInternational Students EligibleApplication Deadline
    Ontario Graduate ScholarshipCA$10847YesN/A
    Collegedunia $150 Scholarship ProgramCA$150YesN/A
    BrokerFish International student scholarshipCA$1000YesDec 21, 2020
    Aga khan Foundation ScholarshipsVariableYesMar 31, 2020

    Programs Comparison

    ranking# 18 for Management by Times Higher Education 2022
    # 801 for Business by Times Higher Education 2022
    # 301 for Business by Academy Ranking of World Universities 2020
    # 401 for Business by Times Higher Education 2022
    # 37 for Business by Academy Ranking of World Universities 2020
    # 44 for Business by Times Higher Education 2022
    # 101 for Business by Academy Ranking of World Universities 2020
    # 201 for Business by Times Higher Education 2022
    # 42 for Business by Academy Ranking of World Universities 2020
    # 37 for Business by Times Higher Education 2022
    # 26 for Business by Academy Ranking of World Universities 2020
    application#1656 Applicants
    # 275 Admissions
    # 16 % Acceptance Rate
    # 120 Admissions
    #1680 Applicants
    # 420 Admissions
    # 25 % Acceptance Rate
    #250 Applicants
    # 75 Admissions
    # 30 % Acceptance Rate
    #343 Applicants
    # 151 Admissions
    # 44 % Acceptance Rate
    # 99 Admissions
    exam scoresTOEFL - 100/120
    IELTS - 7.0/9
    GMAT - 663/800
    TOEFL - 92/120
    IELTS - 6.5/9
    PTE - 60/90
    GRE - 308/340
    GMAT - 550/800
    GMAT - 550/800
    TOEFL - 100/120
    IELTS - 7.0/9
    GRE - 309/340
    IELTS - 6.5/9
    TOEFL - 86/120
    GMAT - 675/800
    TOEFL - 100/120
    IELTS - 7/9
    PTE - 70/90
    GMAT - 680/800
    GMAT - 550/800
    GRE - 310/340
    IELTS - 7.0/9
    TOEFL - 100/120
    PTE - 70/90
    Admission Criteria/Better to Have

    GPA of 3.5 average and preferably 670 GMAT Score. Average Work Experience required around 4 years.

    GPA of 3.0 average and preferably 624 GMAT Score. Average Work Experience required around 5 years.

    GPA of 3.3 average and preferably 660 GMAT Score. Average Work Experience required around 5 years.

    GPA of 3.3 average and preferably 675 GMAT Score. Average Work Experience required around 5.5 years.

    GPA of 3.4 average and preferably 680 GMAT Score. Average Work Experience required around 5 years.

    GPA of 3.1 to 3.8 average and preferably 650 GMAT Score. Average Work Experience required around 5 years.

    cost to studyTotal Cost (Tuition + Living) - CAD 5041640Total Cost (Tuition + Living) - CAD 26864Total Cost (Tuition + Living) - CAD 63331Total Cost (Tuition + Living) - CAD 79600Total Cost (Tuition + Living) - CAD 88125Total Cost (Tuition + Living) - CAD 67751
    Return on Investment/Average Package#Average Salary CAD 99360#Average Salary CAD 73000-#Average Salary CAD 87882#Average Salary CAD 115146#Average Salary CAD 83000
    documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
    application datesOct 30, 2019 (fall)
    Feb 22, 2021 (spring)
    Apr 26, 2021 (fall)
    (Round 1)
    (Round 2)
    (Round 3)
    Jan 15, 2021 (Round 1)
    Mar 15, 2021 (Round 2)
    Apr 1, 2021 (Round 3)
    Apr 12, 2022 (Round 1)
    Jul 12, 2021 (Round 2)
    Sep 20, 2021 (Round 3)
    Oct 20, 2021 (Round 1)
    Jan 5, 2022 (Round 2)
    -Read Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full Comparison


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    3 Reviews Found out of 69


    A review is an evaluation of a publication, service, or company such as a movie (a movie review), video game (video game review), musical composition (music review of a composition or recording), book (book review); a piece of hardware like a car, home appliance, or computer; or softwares such as business software, sales softwares; or an event or performance,


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    5 /10 academic/food
    9 /10 faculty
    4 /10 infrastructure
    9 /10 accomodation
    4 /10 placement
    2 /10 extracurricular
    9.0 /10

    I wanted to pursue an MBA post completion of my BBA degree. But I wanted to pursue MBA from a country abroad since that would give me more and wider perspective on the subject. After a lot of research about what college to join, I got to know about the Rotman School of Management. I decided to apply online and paid an application fee of around $200.

    9 /10 academic/food
    9 /10 faculty
    9 /10 infrastructure
    9 /10 accomodation
    9 /10 placement
    9 /10 extracurricular



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