MBA from Rotman School of Management: Eligibility, Fees & More

Quick Answer

Rotman School of Management (University of Toronto) is Canada’s top-ranked business school (QS Global MBA Rankings 2024: #1 in Canada, #40 globally), with 2,900 students, a third of them international. The Full-time MBA costs roughly CAD 139,140 in tuition over 20 months and has a 90%+ placement rate since 2018, with recruiters like Apple, Amazon, and McKinsey. Requirements include a 3.0+ GPA, GMAT/GRE, and 2+ years of work experience.

The Rotman School of Management at the University of Toronto has 2,900 students – a third of them international, including many Indian students, and their course of choice is overwhelmingly the MBA.

Three reasons consistently drive that demand: Rotman is ranked Canada’s top business school by Financial Times and sits among the world’s top five for research facilities and faculty; its MBA is the top-ranked MBA program in Canada; and companies like Amazon, Apple, and McKinsey hire regularly from Rotman, which has held a 90%+ placement rate since 2018.

This guide covers eligibility, fees, programs, scholarships, and recruiters for Rotman’s MBA.

Eligibility Criteria

• A bachelor’s degree or equivalent with at least 7.5 CGPA (out of 10), and a final-year average of at least mid-B from a recognized university.
• At least 3.0 GPA in the final year of your bachelor’s degree.
• TOEFL: minimum 100/120, with at least 22 in speaking and writing.
• IELTS: minimum 7/9, with at least 6.5 in each section.
• At least two years of full-time work experience (not required for combined/joint degree applicants).

Application Deadlines

Deadlines shift each admissions cycle — the pattern below reflects typical rounds; always confirm current dates directly with Rotman’s admissions office.

University Rankings

Course Fees and Expenses

Base cost (Full-time MBA) runs approximately CAD 66,210/year in tuition, plus roughly CAD 21,638/year for food, accommodation, and living expenses. A fuller breakdown:

Also read: Top MBA Colleges in USA for Indian Students: Rankings, Eligibility & More

Popular Programs at Rotman

Fees are subject to change at the university’s discretion — always confirm current figures directly with Rotman.

Full-Time MBA

Based in downtown Toronto, this program pairs 16 weeks of academic study with a 4-week paid internship. International students pay roughly CAD $139,140 in tuition; the Class of 2023’s average starting salary was $140,289/year. The cohort has 266 students, 70% international. Requirements: a bachelor’s degree, 3.0+ GPA, satisfactory GRE/GMAT scores, 2+ years of work experience, two professional references, an essay, and English proficiency scores (waived for Indian applicants who studied in English).

One-Year Executive MBA

At roughly CAD $124,030 in tuition, this 13-month program reports 73% of graduates receiving a promotion within a year of completion. The dedicated scholarship fund runs about CAD $500,000 for incoming classes; 31% of the cohort is women, with an average age of 39 and 16 years of average work experience across manufacturing, tech, energy, finance, and public service.

Rotman-SDA Bocconi Global Executive MBA

An 18-month program spanning Toronto, Milan, Mumbai, San Francisco, Copenhagen, Shanghai, and São Paulo, ranked #5 among Europe’s top business schools by the Financial Times in 2023 (with partner SDA Bocconi named Europe’s top business school by Bloomberg Businessweek 2023). Tuition is USD $110,000, offset by a USD $300,000 scholarship fund. The cohort averages 40 years old, 36% women, from 17+ countries with 15 years of average work experience.

Global Executive MBA for Healthcare and the Life Sciences

A 15-month program across Toronto, London, Milan, and Singapore, blending on-site and online learning for healthcare and life sciences leadership. Students come from Australia, Brazil, France, India, the USA, and the Philippines, averaging 40 years old, 52% women, with 14 years of work experience (8 in management).

Master of Finance

Canada’s first program of its kind (per the University of Toronto), running 20 months in-person. A third of graduates land roles at Canada’s top five banks, backed by a 450+ alumni network across investment management, pension funds, and tech. Requirements: a four-year undergraduate degree, 3.0+ GPA, 2+ years of relevant work experience, English proficiency, and GMAT/GRE scores. Application fee: CAD 195 (non-refundable).

Master of Management Analytics

Recognized by The Vector Institute and ranked #1 in Canada by the QS World Rankings for Master’s in Business Analytics 2024. 97% of the Class of 2023 found employment within six months of graduation, with an average salary of CAD 88,392. Requirements: a relevant bachelor’s degree, demonstrated knowledge of financial accounting, Python, foundations of finance, and statistics, plus English proficiency scores.

Scholarships

The ROMBA LGBT+ Fellowship

Sponsored by Rotman and the Reaching Out organisation, this fellowship offers a minimum $20,000 award plus access to exclusive leadership programs, including a retreat. Awardees serve as campus ambassadors to the LGBT+ community and help identify future eligible candidates.

Creative Destruction Lab (CDL) Fellowship Program

Open to up to 20 full-time MBA students pursuing careers in start-ups and entrepreneurship. Awardees receive up to $27,000 in funding, guaranteed placement in CDL Strategic Courses, and sponsored access to events like the Annual Rotman Machine Learning Conference.

Joseph L. Rotman Scholarship

A merit-based scholarship covering full tuition for an incoming Full-time MBA student, awarded in honor of the school’s namesake benefactor, Joseph L. Rotman.

Scholarships here are competitive and limited — most students still need an education loan to cover the remaining cost. GradRight simplifies finding the best deal: create a profile, and 18 top Indian and international lenders compete to offer you favorable loan terms. Compare offers, submit documents securely, and get approval in as little as 10 days — some students save ₹8-10 lakh over the repayment period through better rate comparison alone.

Also read: Best Scholarships for Indian Students in USA

Placement and Top Recruiters

Rotman has held a 90%+ placement rate since 2018. Average salary (base, bonuses, other compensation) runs CAD 112,897, with an average signing bonus of CAD 20,829. The highest-paying graduate destinations span Financial Services, CPG and Retail, Legal Services, Consulting, Energy and Natural Resources, Healthcare, and Real Estate.

More than 100 companies recruit MBA students from Rotman, including Apple, Amazon, McKinsey, Deloitte, and IBM.

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Ready to Apply to Rotman?

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