Study MBA from Rotman School of Management — eligibility criteria, course fees, scholarships

The Rotman School of Management at the University of Toronto has 2,900 students. One-third of that number represents the international students including Indian students. 

Their course of choice? MBA programs. 

Why the urge to study MBA at the Rotman School of Management?

Here are 3 principal reasons:

• Rotman School of Management — a part of the University of Toronto — is ranked as the top business school in Canada by Financial Times. Furthermore, the institution is placed among the top five business schools in the world; thanks to its world-class research facilities and faculty. 

• The MBA program of the Rotman School of Management is the top MBA program in Canada.
• Businesses such as Amazon, Apple, and McKinsey hire many MBA graduates from the Rotman School of Management. Furthermore, the institution boasts of a placement rate of 90% and higher since 2018.   

However, you can still have questions regarding the MBA program at the Rotman School of Management:

• What are the eligibility criteria?
• What are the course fees and other expenses?
• Can I get scholarships to study at the Rotman School of Management?

This article will answer all your questions. In the next seven minutes, learn all about studying MBA at the Rotman School of Management.

What if you still have questions after you finish reading the article?

That’s when you need AI by your side.

That’s when you need SelectRight. 

More on SelectRight now. Let’s get back to studying MBA at Rotman School of Management for now. 

Note: the information is true at the time of writing. That’s June 2022.

MBA at Rotman School of Management — a complete guide

Eligibility criteria

Applicants must have: 

• A bachelor’s degree or an equivalent degree with at least 7.5 CGPA out of 10. Furthermore, applicants must have a final year average of a minimum of mid-B from a recognised university.
• At least a 3.0 GPA in the final year of a bachelor’s degree from a recognised university.
• TOEFL scores of at least 100 out of 120 with at least 22 on speaking and writing.
• IELTS scores of at least 7 out of 9 with at least 6.5 for each compartment.
• A minimum of two years of full-time work experience. However, students applying for combined and joint degrees won’t need to fulfil this criterion. 

Deadline

The deadlines for full-time MBA programs at the Rotman School of Management are:

• October for Round 1
• January for Round 2
• March for Round 3

The deadlines for Executive MBA programs at the Rotman School of Management are:

• November for Round 1
• March for Round 2
• June for Round 3

University rankings

Check out the university rankings of the Rotman School of Management which is a part of the University of Toronto:

Course fees and other expenses

Expect to pay up to CAD 66,210 a year in tuition fees. Furthermore, expect to pay up to CAD 21,638 a year for food, accommodation, and other living expenses as well.

Check out the following table to get a breakdown of each cost to have a clearer idea:

Scholarships

Studying MBA at the Rotman School of Management — a part of the University of Toronto — can poke a hole in your pocket. 

Expect to pay up to CAD 66,210 per year in tuition fees. Furthermore, expect to pay up to CAD 21,638 for accommodation, food, and living expenses as well. 

Check out these 3 scholarships that can help you sew the hole back:

1. The ROMBA LGBT+ Fellowship

The Rotman School of Management — a part of the University of Toronto — and the Reaching Out organisation sponsor the fellowship. The awardee receives a minimum of $20,000 scholarship and access to exclusive leadership programs that include a retreat.   

The awardee is expected to serve as a campus ambassador to the LGBT+ community. Furthermore, the awardee should help the administration identify future eligible candidates.

2. Creative Destruction Lab (CDL) Fellowship Program

The fellowship is open to up to 20 full-time MBA students wishing to pursue careers in start-ups and entrepreneurship. 

The awardees receive:

• Up to $27,000 in funding
• Guaranteed placement in the Creative Destruction Lab (CDL) Strategic Courses
• Sponsored access to key events including the Annual Rotman Machine Learning Conference and Disruption Experts Speaker Series events.    

3. Joseph L. Rotman Scholarship

The scholarship is awarded to an incoming student in the full-time MBA program at the Rotman School of Management at the University of Toronto. 

The awardee receives the full tuition fee for the full-time MBA program. The merit-based scholarship is awarded in honour of the Rotman School of Management’s visionary benefactor, Joseph L. Rotman, who passed away in January 2015.

Placement and top recruiters

The Rotman School of Management boasts a placement rate of 90% and higher since 2018. 

The average salary the students receive is CAD 112,897, including base, bonuses, and other compensations. Furthermore, the average signing bonus students receive is CAD 20,829. 

Graduates who attract the highest salaries usually come from these industries:

• Financial Services
• CPG and Retail
• Legal Services
• Consulting
• Energy and Natural Resources
• Healthcare 
• Real Estate  

More than 100 companies hire MBA students from the Rotman School of Management at the University of Toronto. Five of the most popular businesses that hire MBA students from the business school are:

1. Apple 
2. Amazon
3. McKinsey
4. Deloitte
5. IBM

FAQs

Question 1: Is studying at the Rotman School of Management worth it?

Ans: Of course. Here’s why:

• Rotman School of Management ranks in the top 10 for faculty and research. Furthermore, the institution is a part of the University of Toronto which is ranked 26th in the QS World University Rankings.  
• Companies such as Apple, Amazon, and McKinsey hire from the business school each year. The institution has a placement rate of 90% or higher since 2018.
• The MBA program at the Rotman School of Management is the best MBA program in Canada. 

Question 2: What are the course fees for studying MBA at the Rotman School of Management?

Ans: Expect to pay up to CAD 66,210 a year in tuition fees. Furthermore, expect to pay up to CAD 21,638 a year for food, accommodation, and other living expenses. 

Question 3: What are the deadlines for applying to the Rotman School of Management?

Ans: Deadlines for full-time MBA programs are:

• October for Round 1
• January for Round 2
• March for Round 3

Deadlines for executive MBA programs are:

•  November for Round 1
• March for Round 2
• June for Round 3

Question 4: Can Indian students get scholarships to study at the Rotman School of Management?

Ans: Yes. Three of the most popular scholarships are:

1. Business Design Initiative (BDI) Student fellowship
2. Forte’ Fellows Program for Women
3. Rotman Pride Fellowship 

Question 5: Which companies hire from the Rotman School of Management?

Ans: Five of the top companies that hire from the Rotman School of Management are:

1. Apple
2. Amazon
3. McKinsey
4. IBM
5. Deloitte

Are you still confused about whether you should study MBA at Rotman School of Management; a part of the University of Toronto? 

This is when you need to take assistance from AI-based tools. 

This is when you need to take assistance from SelectRight.

At SelectRight, we offer:

• Personalised, transparent, and unbiased college recommendations based on analysing more than 6 million data points across over 10,000 STEM, CS, and MBA programs.
• Relevant and practical advice from current students and alumni of your chosen university.
• Expert guidance on multiple aspects of application review such as application review, LOR review, and SOP review. 

Want to know more? Drop us a mail at grad@gradright.com to talk to our educational and financial advisors. 

MBA at Rotman School of Management — SelectRight at your rescue

We hope you have a clear idea about studying MBA at Rotman School of Management; a part of the University of Toronto. However, what if you still want more clarity?

Can you rely on random blogs on the internet with half or misinformation or on your relatives who passed 15 years ago? You know the answer.

We suggest you trust on SelectRight. But don’t take our word for it. Check the reasons why you should trust us:

• We offer transparent, personalised, and unbiased college recommendations based upon AI-based analysis of over 6 million data points across more than 10,000 STEM, CS, and MBA programs.
• Guidance on multiple application aspects such as application review, SOP review, and LOR review.
• Actionable and relevant advice from alumni and current students of your chosen university.

If you want to know more, write us a mail at grad@gradright.com to talk to our education and finance advisors.