The University of Toronto full-time MBA at Rotman School of Management combines 16 months of study with a four-month opportunity for an internship. In the second-year at the Rotman full-time MBA, students may choose to specialize in a particular discipline to guide them toward a specific career path.
The full-time MBA program at Rotman takes 20 months to complete. Sixteen months are spent in classes and four are spent completing an internship. Students in their first year will spend their time taking core classes that cover fundamental business skills such as accounting, ethics, strategy, operations management and economics. Students will also complete a capstone course.
In their second year, students can choose electives. They may pick an MBA major or take a variety of electives. Majors include Brand Management, Consulting, Investment Banking, and Real Estate.
• Bloomberg (International): 9th
• Financial Times: 48th
The average Schulich full-time MBA class is approximately 60 percent male and 40 percent female; about half were international students. The average student age was 30-years old, and they entered the program with five years’ professional experience. The GMAT average was 670; while the average GPA was between 3.3 and 4.0.
Eighty-nine percent of the most recent class accepted job offers within three months of graduation. The average starting salary for those graduates was around $93,100 CAD, with an average signing bonus of $13,800 CAD from over 150 companies. Students accepted jobs in almost equal numbers in the financial services and technology industries—22and 17 percent, respectively. Consulting followed at 15 percent, with marketing at eight percent and real estate as well as manufacturing claiming seven percent of graduates.
For the Class of 2022, the University of Toronto full-time MBA degree tuition cost for both years is $92,540 CAD for Canadian citizens and permanent residents, and $127,930 CAD for international students—excluding significant ancillary fees (please note that tuition fees, University incidental fees and the Rotman ancillary fees are set annually and are subject to change). The estimated minimum funds a single student would need for living expenses for the first 12 months in Toronto $19,656 – 27,556
The Schulich Financial Aid Department assists students with all issues pertaining to financial aid. Students can visit the office at their convenience or by appointment; assistance also is available in person, via email, by phone or by mail. Awards, loans, bursaries and other financial aid options are available to all students, domestic and international.
Applicants to the Rotman MBA programs must have completed a bachelor’s degree or its equivalent for admission. The application fee is $175, while one written essay and one reflection question, one video interview with a timed written response, two reference forms, and a current résumé are required. Note: On average, applicants have four years of work experience, but only two are recommended, and there is no minimum requirement.
Applicants should have a minimum 3.0 GPA with an official transcript sent directly from each institution where they earned a degree, as well as a GMAT or GRE score (no minimum score required). An English-proficiency score is required from all applicants who have degrees from institutions in which English is not the language of instruction or examination. After the submission of their application, applicants will be contacted to complete an interview. Due to the competitive nature of admissions to the program, successful candidates tend to exceed the minimum requirements.