If I have Philosophy as an elective during bachelors, can i do a MA in Philosophy in the future?

MA Philosophy or Master of Arts in Philosophy is a 2-year postgraduate course that offers knowledge related to Schools of Classical as well as Modern philosophy. The minimum eligibility required to pursue this course is a bachelor’s degree from a recognized institute with philosophy or any related subject as the major subject. Yes, you can pursue an MA in Philosophy even if your Bachelor is unrelated to the field. However, you might have to portray the fact that you have the critical thinking skills to benefit from an MA in Philosophy. It’s even better if your Bachelor is in the humanities and social sciences rather than the hard sciences. So it would be a bit challenging if you had no background in philosophy, but having a BA in philosophy isn’t necessary. Usually, an MA in Philosophy requires a writing sample that is at par with the ones submitted by candidates who have done a BA in Philosophy.

I have done Btech in ECE and I have 5 years of work experience as a senior data engineer in an MNC. Can I get admission in University of Toronto without GRE.

No, GRE is not compulsory for admission to the University of Toronto. It is optional for the University of Toronto, but it's highly recommended that you submit with a good score, as it adds credibility to your application. More than the university, the requirement for GRE depends on the specific program that you are applying to at the University of Toronto. It’s better to check your program's website. The website of the University of Toronto for the Department of Electrical and Computer Engineering stated that a GRE score is not required. The Civil Engineering Department also doesn't require the GRE. The website of the Department of Mechanical and Industrial Engineering also does not require it. The Department of Chemical Engineering and Applied Chemistry did not state anything about the GRE requirements. Thus it can be safely concluded that there is no GRE requirement as such for MS in the University of Toronto. However, it is always recommended to have a standardized exam score like GRE for Graduate studies as this will improve your chances of admission.

In what ways can McGill University surpass the reputation of the University of Toronto??

Both McGill University and the University of Toronto are widely reputed. If you have to choose between these, make a choice based on the subject and the department you are interested in. Don’t put too much emphasis on the university rankings. It changes each year. Here is a brief comparison of the two. Currently, McGill University world ranking is #44 (THE World University Ranking). While University of Toronto is ranked #18 by THE World University Ranking. Here is a brief comparison of these two. Parameters McGill University University of Toronto Tuition fees (undergraduate) 29,200 CAD (International students) 45,690 CAD (International students) Acceptance rate 48.9% 43% Popular courses Medical and Health Science, Computer Science, Social Science & Humanities Psychology, Medical Technology, Automation and Control, Human and Biological Sciences Average salary CAD 62k CAD 68k You can’t go wrong with either of these schools.

Which university is better for an undergraduate degree in fine arts with a biology minor, U of T, McGill, or Concordia University??

You should prefer University of Toronto or McGill. If you get accepted at both the university, choose one of these according to your preference. UofT has one of the best fine arts programs in the world. Their Biology minor program offers an introduction to Cell & Molecular Biology, Evolutionary Biology, Ecology, and Physiology. McGill’s Biology program is more research-oriented. You will get a chance to work and collaborate with some of the best and brightest researchers. UofT and McGill also rank higher than Concordia. UofT was ranked 18th in World University Rankings 2022 by Times Higher Education. McGill was ranked 44th by THE. Here is a brief comparison of UofT and McGill University. Parameters UofT McGill University Undergraduate tuition fees(International) 45,690 CAD 29,200 CAD Acceptance rate 43% 48.9% Average base salary for graduates CAD 68k CAD 62K The science programs of Concordia University aren’t as refined compared to UofT and McGill.

Does the University of Toronto require a GRE for a MS in computer science?

Short answer, yes. It won’t hurt your case unless the score is too bad but the Computer science department website of University of Toronto states that there is no requirement of GRE test score for the admission process. Submitting IELTS or TOEFL scores will suffice the process of admission for international students. The online application form does provide a field where you can submit your GRE scores, but it is made optional. However it is recommended to upload a GRE score as it will create an edge over other applicants. Target for a safe score of 320+ in GRE so that you leave no stone unturned to create a good impression. Tabulation below gives a brief overview on expected test scores of University of Toronto: When you are applying for such competitive programs, it's always wise to present yourself in the best way possible by keeping your best foot ahead. Submitting a GRE score along with a good GPA and resume will definitely enhance the chances of your selection.

Is University of Toronto considered the best at artificial intelligence in the world?

University of Toronto has always been in the list of top 10 institutes for artificial intelligence in the world. Forbes has ranked it 6th best University for AI and data science for 2021. Major areas of study: AI department at UofT gives priority to five major sub-areas: Computational linguistics and natural language processing Knowledge representation Cognitive Robotics Machine learning Computational vision If your aim is to pursue majors in any of the above areas then you can never go wrong with University of Toronto. Research aids: Being a research oriented Institute, University of Toronto has some popular research centers including CARTE, Vector institute, COHESA, SOSCIP, SAVI, CMTE. These centres help students in doing collaborative projects with lead AI companies globally. Master students can also work under research scholars which will give them enormous exposure. Professors and alumni: Geoffrey Hinton, popularly known as 'God father of AI' is a professor at University of Toronto who is even the chief scientist at Vector Institute. Alex Krizhevsky(Post doc student)- Google scholar Hugo Larochelle (post-doc; Lead of Google brain in Montreal) Ilya Sutskever (PhD student, working at Google brain) Ryan Adams (Post-Doc, working at Harvard) Artificial intelligence at University of Toronto definitely seems promising. When you can work/study under Geoffrey Hinton and his crew who are Titans in the AI field, it is an absolute win- win situation. But you are seeking the top University then Stanford, MIT and Carnegie Mellon University are definitely ahead of University of Toronto.

Will I get accepted into University of Toronto?

Securing admission at University of Toronto is really difficult. You will find it very competitive which is fair- it’s currently ranked at #29 among world universities by QS. The overall acceptance rate of the University is 43% but things are harder if you are an international student. There will be a lot of extra formalities like English proficiency, LORs, funding abilities that the university will consider. This is around 23.1% Factors to be considered: GPA requirements: For admission in undergraduate programs, an average score of 90 in class 12th can be considered competitive. Expected scores for some courses are mentioned below: In case of graduate program admission, the minimum GPA requirement is 3.0 while 3.4 out of 4.0 is considered as a competitive score. English language proficiency: TOEFL or IELTS scores are accepted and It is mandatory for international students to submit one of these test scores. TOEFL score: 93(iBT) IELTS score : 7.0 with no band below 6.0 GRE score: Few courses demand GRE test scores for the admission process whereas Courses like CS , material science have made it optional, however submitting a GRE with a score around 320+ will definitely create an edge to your profile which may enhance your chances of selection. GMAT: Minimum GMAT score of 570 is demanded for admission in MBA courses at University of Toronto while the average score of the University is 665. Other requirements: Minimum 3 letters of recommendations along with good resume and Participation in Co-Curricular activities are expected. If you fulfill all the above mentioned criteria including good grades, standard test scores and LORs you will be good to go. Ultimately it depends on the competition in the course which you are inclined towards.

What is your review of University of Toronto?

If you are planning to join a research based course, there is no better University than UofT. It’s a top ranked Canadaian institute and ranked 21st worldwide by QS World Ranking 2020, thus it is highly competitive with a 43% admit rate. Quick stats: Still, harder than getting into is staying there and maintaining your grades. If you ask for reasons enough to attend UofT; they will be: Value of their diploma Wide network of students, professors and alumni which they offer Social prestige, Credibility amongst employers Exposure to research One thing which makes UofT stand out amongst other universities in Canada is hands down their faculty. There are few opinions like " you being just a number", "UofT is a study hell" etc but as long as you are determined and have a good attitude towards your studies, success and exposure comes along your way. Remember that socializing is the key for you to fall in love with the University. Research exposure: Being one of the top research institutes, you will certainly get a high research exposure by working with research faculties and scholars. World class research laboratories with high end equipment are worth mentioning. Campus: St. George, Mississauga, and Scarborough are the three campuses of University of Toronto with a vibrant urban setting with a perfect environment to study. Campus housing facilities accommodate more than 8,800 students. There are 44 libraries across branches. It is third largest in North America. There are 1000+ diverse organizations and student clubs in the University. University has many Nobel laureates among its faculties and alumni Average salary of UofT graduate in MBA is 133,000 USD whereas science graduate is 93,000 USD University of Toronto is one of the top notch study oriented colleges. However many students struggle due to its high grading standard and endup transferring out or fail to get into their desired majors due to poor grades in 1st year.

What is the acceptance rate at the University of Toronto?

The acceptance rate of UofT is not the most welcoming which is obvious by the fact of it being a top ranked Institute. Once you get into UToronto, the actual struggle is to survive there. It has been ranked 29th by QS World University Ranking, 2020 University of Toronto is quite competitive to get into. Acceptance rate varies from program to program. Average acceptance rate of the University is 43% which comes down to 23.1% for International students. If you manage to score an average of 87-90 in your 6 major subjects and have a good resume, you will have a pretty high chance of getting here. Better the grade, higher is your chance of getting accepted. Ultimately it depends on the branch to which you seek your admission at, less the competition higher is the acceptance rate. However it must be mentioned that getting into the University is not a huge deal when compared to surviving after the first year and getting your desired majors. Statistics of accepted students: Engineering is the most desired field at University of Toronto among international students. Out of 50,041 UG applications 20,296 students were offered admission among which 4,019 were international students. The acceptance rate of graduate courses is around 39% Out of 1056 PhD applicants, 305 were given opportunity for enrollment with an overall acceptance rate of 30% It must be kept in mind that getting into University of Toronto is much easier than surviving there for a second year. The freshman retention rate of the University lies around 85-90%

How can I get scholarships or financial aid for the University of British Columbia and the University of Toronto?

It depends from where you are, as well as your previous background. If you are not a Canadian, you will only be eligible for some scholarships and not financial aid. Even then the competition will be too much and you’ll have to be too good with a unique background so that you become a prospective student with a lot of potential at UBC. There are different scholarships for different programs. All have varying criteria which you need to go through carefully. Female students in hard sciences have an added benefit in many scholarships specifically aimed to help them. Parameters Funding at University of British Columbia Funding at University of Toronto Total Funding Budget 30 Million CAD 247 Million CAD Average Scholarship Amount Merit-based: 25-30% Need-based: 65-70% 7,500 CAD to 20,000 CAD Official Website UBC scholarships UToronto’s website UBC Offers funds based on your academic and extracurriculars. You’d be automatically considered for any merit-based awards once admitted to UBC for up to 25-30% of total offered funding. UBC Need-based awards comprise 65-70% of total funding and depends on the student's financial need. UBC Hybrid scholarships are awarded based on a combination of merit (academics, leadership skills, etc.) and student’s financial requirements. These make up 10% of the UBC funding. University of Toronto University of Toronto’s budget for funding in 2019-2020 was 247M CAD If you're a great student with active extracurricular participation, you can be considered for scholarships ranging from 7,500 CAD to 20,000 CAD You can check out UToronto’s website for specifics. Credible academic references, exceptional marks and great personal achievements and records are a must for availing most of these merit-based scholarships. These merit-based scholarships/awards don't require any application as you’d be automatically considered. Finally, make sure you work hard and apply on time to be considered for these.

University of Toronto MBA: Fees 2026, Deadlines & Eligibility for Indian Students

Toronto, OntarioLocation

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69976enrollment

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U of T St. Georgecampus

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Master of Business Administration [MBA]

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7.9 5 Reviews | Ranked #33 out of 650 by QS Global Ranking 2025

₹47.3 L/Yr

CA$70,260 /Yr

3 Students Applied

1 Students Admitted

Jasmine Grover

Education Journalist | Study Abroad Strategy Lead | Updated on - Apr 7, 2026

University of Toronto MBA is a 20-month program combining 16 months of academic study with a 4-month paid internship opportunity. The Rotman School of Management, Canada's top-ranked business school, attracts 65-70% international students from 41-49 nationalities. The program is ranked 56th globally in the QS Global MBA Rankings 2026 and 1st in Canada. International graduates are eligible for a 3-year Canadian work permit upon completion, a significant advantage over US and other international MBA programs.

For international students, the total tuition fee is CAD 139,140 (approximately 93 Lakhs INR). Living expenses in Toronto range from CAD 23,856 to CAD 38,756 annually. The average graduate salary reaches CAD 121,889 (approximately 81.5 Lakhs INR) within 6 months of graduation, with 92% employment rate.

Current Admission Status:

Round 3 Deadline: March 4, 2026 (CLOSED)
Round 4 Deadline: May 13, 2026, 11:59 PM EST (May 14, 2026, 9:29 AM IST) - Domestic students only
Next Intake: September 2026
For international students: Apply for Round 3 of next cycle (September 10, 2025 for Fall 2026 entry)

Table of Contents

Why Study MBA at University of Toronto Rotman
University of Toronto MBA Fees 2026
Cost of Living in Toronto for International Students
Accommodation Options for International Students
Admission Requirements & Process
English Language Proficiency Requirements for University of Toronto MBA
University of Toronto MBA Rankings 2026
Scholarships for International Students at University of Toronto MBA
Placement Data & Job Outcomes for Rotman MBA Graduates
Return on Investment for University of Toronto MBA (International Students)
Frequently Asked Questions

Why Study MBA at University of Toronto Rotman

3-Year Post-Graduation Work Permit: All international graduates automatically qualify for a 3-year Canadian work permit without requiring employer sponsorship or job offer, enabling extended career exploration in Canada.
70% International Cohort: Study alongside peers from 41-49 countries with diverse professional backgrounds, creating a truly global learning environment and expanding your international professional network.
92% Employment Rate Within 6 Months: Rotman graduates secure employment quickly with average total compensation of CAD 121,889 (approximately 81.5 Lakhs INR), including base salary, bonuses, and other compensation.
Paid 4-Month Internship: Earn an average of CAD 5,917 monthly (approximately 39,500 INR) during your mandatory internship, offsetting program costs while gaining real-world experience.
Top-Ranked in Canada: Ranked 1st in Canada and 56th globally by QS MBA Rankings 2026, with strong recognition in financial services, consulting, and technology sectors.

University of Toronto MBA Fees 2026

The Rotman Full-Time MBA program charges different fees for domestic and international students. International students pay significantly higher tuition to support the program's global infrastructure and resources.

All INR conversions based on exchange rate of CAD 1 = INR 66.90 as of April 7, 2026. Exchange rates are subject to change.

Fee Component	Amount (CAD)	Amount (INR)
Year 1 Tuition	70,260	47 Lakhs
Year 2 Tuition	71,670	47.9 Lakhs
Total Tuition (2 years)	141,930	94.9 Lakhs
University Incidental Fees (annual)	~2,000	~1.3 Lakhs
Rotman Ancillary Fees (included above)	Included	Included
Total Program Cost	~143,930	~96.2 Lakhs

Key Fee Insights:

Payment Schedule: Tuition is divided into two annual payments, with deposits typically due upon acceptance (non-refundable CAD 5,000 deposit to secure your spot).
Refundable vs. Non-Refundable: The CAD 5,000 acceptance deposit is non-refundable; however, tuition payments made after acceptance may be refundable under specific circumstances (consult the Registrar's Office for details).
Health Insurance (UHIP): International students must purchase University Health Insurance Plan (UHIP) costing approximately CAD 756 annually (approximately 50,600 INR), automatically added to your fees invoice.

Cost of Living in Toronto for International Students

Toronto is Canada's largest financial and cultural hub, offering diverse neighborhoods and amenities. Living costs vary significantly based on accommodation choices and lifestyle preferences.

Estimated Annual Living Expenses (Single Student):

Expense Category	Amount (CAD)	Amount (INR)
Housing (on-campus or private)	12,000 - 25,000	8 - 16.7 Lakhs
Food	4,000 - 5,500	2.7 - 3.7 Lakhs
Public Transportation	1,500	1 Lakh
Textbooks & Course Materials	2,000	1.3 Lakhs
Laptop (one-time)	1,600 - 2,000	1.1 - 1.3 Lakhs
Personal Expenses	2,000	1.3 Lakhs
Health Insurance (UHIP)	756	50,600 INR
Total Annual (Minimum)	23,856	15.9 Lakhs
Total Annual (Comfortable)	38,756	25.9 Lakhs

Note: These costs are based on downtown Toronto residency. Costs vary by individual spending habits and accommodation type.

Accommodation Options for International Students

Toronto offers both on-campus and off-campus housing options. Most international students prefer off-campus private rentals for flexibility and cost-effectiveness, though on-campus residence provides community and convenience.

On-Campus Housing Options

Residence Type	Monthly Cost (CAD)	Annual Cost (CAD)	Features
Graduate House	1,000 - 1,400	12,000 - 16,800	Shared facilities, community events, St. George campus
Student Family Housing (30 & 35 Charles St. West)	1,200 - 1,600	14,400 - 19,200	For couples/families, walking distance to Rotman
Summer Residence (temporary)	1,500 - 2,000	N/A (short-term)	Available August for settling in

Off-Campus Housing Options

Housing Type	Monthly Cost (CAD)	Annual Cost (CAD)	Location Notes
Shared Apartment (2-3 roommates)	800 - 1,200	9,600 - 14,400	Annex, Little Italy, Chinatown
1-Bedroom Apartment	1,400 - 1,800	16,800 - 21,600	Downtown, near transit
Condo/House Rental	1,600 - 2,500	19,200 - 30,000	Premium neighborhoods

Housing Notes:

On-campus housing costs are NOT included in tuition fees; they are separate expenses.
Off-campus housing is typically cheaper and preferred by Indian students for cultural familiarity and cost savings.
Popular neighborhoods for students: Annex, Little Italy, Chinatown, King West (close to Rotman's downtown location).
Housing search platforms: Kijiji, Craigslist Toronto, Zolo.ca, RentSeeker.ca, TorontoRentals.com.

Part-Time Work Opportunities for International Students

International students on valid study permits can work up to 20 hours per week during academic sessions and full-time during scheduled breaks. Ontario's minimum wage is CAD 17.60 per hour (as of April 2026), rising to CAD 17.95 on October 1, 2026.

Common Part-Time Jobs for MBA Students (Hourly Rates in CAD):

Retail/Customer Service: CAD 17.60 - 19.00/hour (minimum wage + tips/commission)
Tutoring/Academic Support: CAD 20.00 - 30.00/hour (especially for Indian students helping peers)
Teaching Assistant (University): CAD 18.00 - 22.00/hour (available after first year)
Research Assistant (Faculty): CAD 19.00 - 25.00/hour (second-year students)
Internship (Paid, during work term): CAD 5,917/month average (approximately 39,500 INR/month)

Part-Time Work Insights:

Most Rotman MBA students secure paid internships during one of three work terms (Summer, Fall, or Winter/Spring), earning an average of CAD 5,917 monthly.
Part-time work during studies typically generates CAD 2,000 - 3,500 monthly (approximately 1.3 - 2.3 Lakhs INR), helping offset living costs.
Indian students often prefer tutoring roles, leveraging language skills and academic expertise.
Work-study positions on campus (TA/RA roles) are competitive but offer flexible scheduling around MBA coursework.

Admission Requirements & Process

The Rotman Full-Time MBA program admits students through multiple rounds, with rolling admissions between deadlines. The program seeks candidates with strong academic credentials, professional experience, and demonstrated leadership potential.

Application Deadlines & Intake Dates (2026-2027)

Round	Application Deadline	Decision Timeline	Intake Start Date
Round 1	September 10, 2025	Within 8 weeks	September 2026
Round 2	November 19, 2025	Within 8 weeks	September 2026
Round 3	March 4, 2026	Within 8 weeks	September 2026
Round 4	May 13, 2026	Within 8 weeks	Domestic students only

Note: International students are welcome to apply for Round 3; however, all test scores and supplementary documents must be submitted at the time of application to allow adequate time for visa and financial planning.

Eligibility Criteria

Academic Requirements:

Bachelor's degree (4-year minimum) from a recognized university with minimum GPA of 3.0 (mid-B average) in final year.
Indian equivalent: 60% or above in final year of undergraduate studies, or CGPA of 6.5/10 or higher.
Official transcripts required upon admission (unofficial transcripts acceptable during application).

Work Experience:

Minimum 2 years of full-time work experience required (average class has 5 years).
Leadership, initiative, adaptability, and demonstrated accomplishment valued.

English Language Proficiency (Mandatory for non-English medium universities):

IELTS (Academic): Minimum 7.0 overall with at least 6.5 in each component.
TOEFL iBT: Minimum 4.5 overall (new scoring as of January 21, 2026), with 4.5 in writing and 4.0 in speaking. Prior to January 21, 2026: minimum 100 overall with 22 in writing and speaking.
Exemption: Degree from recognized English-medium university.

Standardized Test Scores:

GMAT or GRE required (average GMAT: 672; middle 80% range: 630-720).
Minimum GMAT Focus: 525; GMAT Legacy: 550; GRE: 309.
GMAT Exemptions available for: CFA Level II pass, CPA/CFE designation, PEng/ACIA/FCIA, or U of T undergrad with 3.5+ GPA.

Admission Process

Step 1: Create account on Rotman application portal and submit online application with unofficial transcripts and self-reported test scores.
Step 2: Complete timed written assessment (2 questions, 10 minutes each) within 7 days of application submission.
Step 3: Provide contact information for 2 professional references (preferably workplace supervisors); references receive online form directly.
Step 4: Selected candidates invited to recorded video interview (90 seconds per question, 3 questions total).
Step 5: Admissions Committee reviews complete application holistically; decision released via email.
Step 6: Upon admission, submit official transcripts directly from university and secure spot with non-refundable CAD 5,000 deposit.

English Language Proficiency Requirements for University of Toronto MBA

The Rotman School requires proof of English proficiency for all applicants whose undergraduate degree was not from a recognized English-medium university. This ensures students can succeed in an English-taught program and Canadian workplace environment.

Accepted English Proficiency Tests:

IELTS (Academic): Minimum 7.0 overall with at least 6.5 in each component (Listening, Reading, Writing, Speaking).
TOEFL iBT: Minimum 4.5 overall (new scoring effective January 21, 2026) with 4.5 in writing and 4.0 in speaking. Legacy scoring (pre-January 21, 2026): minimum 100 overall with 22 in writing and 22 in speaking.
Academic English Level 60 (U of T): Grade B from University of Toronto's English Language Program acceptable as alternative.

Waivers Available:

Degree from recognized English-medium university (medium of instruction and examinations in English).
U of T alumni and current students may be exempt with proof of previous English-medium studies.

Timeline:

Test results must be submitted before application deadline for Round 3 (international students).
TOEFL code for Rotman: 8696; IELTS results sent electronically by testing agency.
Exam preparation typically requires 6-8 weeks; plan accordingly before application deadlines.

Key Insight:

No exemptions available for Indian students unless undergraduate degree was from English-medium institution (most Indian universities qualify).
IELTS is more commonly taken by Indian students; TOEFL is also widely accepted.

University of Toronto MBA Rankings 2026

Rotman is consistently ranked among Canada's top business schools and globally recognized for MBA excellence. Rankings vary by methodology but consistently place Rotman in the top 60 globally.

Ranking Organization	Global Rank	Canada Rank	Year
QS Global MBA Rankings	56	1	2026
Financial Times MBA Rankings	83	1	2026
Times Higher Education (University Overall)	21	1	2026

Ranking Notes:

Rotman is ranked 1st in Canada across all major MBA ranking systems.
Global ranking of 56 (QS) reflects strong reputation in finance, consulting, and technology sectors.
University of Toronto overall ranks 21st globally in THE World University Rankings 2026, strengthening MBA program credibility.
Rankings are based on employer reputation, academic reputation, faculty-to-student ratio, and international diversity.

Scholarships for International Students at University of Toronto MBA

Rotman offers over CAD 5 million in scholarships and awards annually to MBA students. International students are eligible for merit-based entrance awards and specialized fellowships, though funding is competitive.

Scholarship Name	Amount (CAD)	Eligibility	Application Deadline
Joseph L. Rotman Scholarship	Full Tuition + Living Stipend	Exceptional merit, holistic excellence	Automatic consideration
Entrance Awards	10,000 - 90,000	Merit-based, approximately 1/3 of class	Automatic consideration
Dean's Scholars Award	Varies	Top 5 students, academic + extracurricular excellence	Automatic consideration
Forté MBA Fellowship	10,000 - 20,000	Women applicants, leadership in women's empowerment	Automatic consideration
Creative Destruction Lab Fellowship	Minimum 20,000	Entrepreneurship-focused students (up to 20 fellows)	Automatic consideration
Reaching Out LGBT Fellowship	10,000 - 20,000	LGBTQ+ and ally applicants	Automatic consideration
Rotman Pride Fellowship	10,000 + 500 CAD stipend	LGBTQ+ community involvement	Automatic consideration
Access to Success Fellowship	5,000	Students with permanent disabilities	Automatic consideration
MPower Financing Scholarship	Varies	International students (non-cosigned loans available)	Rolling basis

Key Scholarship Insights:

No Separate Application Required: All entrance awards are merit-based; automatic consideration upon application review.
Eligibility Criteria: Awards prioritize academic excellence (GPA 3.5+), strong GMAT scores (680+), leadership experience, and professional accomplishment.
External Funding: International students can explore country-specific scholarships through government agencies, NGOs, and private lenders (MPower Financing, Prodigy Finance).
Loan Options for International Students: BMO and RBC offer professional student loans up to 100% of tuition with Canadian co-signer or standby letter of credit from home country bank.
Application Timing: Apply in early rounds (Round 1-2) for maximum scholarship consideration; later rounds have fewer awards available.

Placement Data & Job Outcomes for Rotman MBA Graduates

Rotman MBA graduates secure employment quickly with strong salary outcomes across multiple industries. The Class of 2024 achieved 92% employment rate within 6 months of graduation.

Employment Metric	Data
Employment Rate (6 months post-graduation)	92%
Employment Rate (3 months post-graduation)	83%
Average Total Salary (Base + Bonus + Other)	CAD 121,889 (approximately 81.5 Lakhs INR)
Average Base Salary	CAD 110,444 (approximately 73.9 Lakhs INR)
Median Base Salary	CAD 95,000 (approximately 63.6 Lakhs INR)
Average Signing Bonus	CAD 21,854 (approximately 14.6 Lakhs INR)
Median Signing Bonus	CAD 15,000 (approximately 10 Lakhs INR)
% Receiving Signing Bonus	21%
% Receiving Bonus/Other Compensation	35%

Top Hiring Industries (Class of 2024):

Financial Services: 41% of employed graduates, average salary CAD 99,783 (approximately 66.8 Lakhs INR)
Consulting: 21% of employed graduates, average salary CAD 131,672 (approximately 88 Lakhs INR)
Technology: 9% of employed graduates, average salary CAD 99,625 (approximately 66.7 Lakhs INR)
CPG & Retail: 9% of employed graduates, average salary CAD 106,471 (approximately 71.3 Lakhs INR)
Healthcare: 7% of employed graduates, average salary CAD 98,700 (approximately 66 Lakhs INR)

Top Job Functions:

Finance/Accounting: 31% of graduates, average salary CAD 101,921 (approximately 68.2 Lakhs INR)
Consulting: 28% of graduates, average salary CAD 124,232 (approximately 83.1 Lakhs INR)
Sales/Marketing: 12% of graduates, average salary CAD 97,397 (approximately 65.2 Lakhs INR)
Strategy: 7% of graduates, average salary CAD 105,406 (approximately 70.6 Lakhs INR)

Return on Investment for University of Toronto MBA (International Students)

For international students, the MBA represents a significant financial investment with strong long-term career returns. The program's 3-year work permit enables extended career building in Canada's competitive job market.

ROI Context:

Total program cost: CAD 143,930 (approximately 96.2 Lakhs INR) including tuition, fees, and health insurance.
Average pre-MBA salary (international students): CAD 40,000 - 60,000 annually (approximately 26.8 - 40.1 Lakhs INR).
Average post-MBA salary: CAD 121,889 (approximately 81.5 Lakhs INR) within 6 months.
Salary increase: CAD 61,889 - 81,889 annually (approximately 41.4 - 54.8 Lakhs INR increase).

Salary Progression (Post-MBA Career Path):

Year 1 (Post-MBA): CAD 110,444 base salary (approximately 73.9 Lakhs INR) + CAD 21,854 signing bonus (approximately 14.6 Lakhs INR) = CAD 132,298 total (approximately 88.5 Lakhs INR).
Year 2-3 (With 3-Year Work Permit): Average salary growth of 8-12% annually in Canadian market; estimated CAD 119,679 - 131,657 (approximately 80 - 88 Lakhs INR).
Long-Term (Post-Work Permit): Graduates with Canadian work experience command 15-25% salary premium in global job market; estimated CAD 150,000+ (approximately 100+ Lakhs INR) in international roles.

Financial Metric	Amount (CAD)	Amount (INR)
Total Program Cost	143,930	96.2 Lakhs
Pre-MBA Average Salary (Annual)	50,000	33.5 Lakhs
Post-MBA Average Salary (Year 1)	121,889	81.5 Lakhs
Annual Salary Increase	71,889	48 Lakhs
Break-Even Period (Years)	2.0	2.0
5-Year Total Earnings (Post-MBA)	609,445	407.5 Lakhs
5-Year ROI	323%	323%

Key ROI Insights:

Break-Even in 2 Years: The salary increase alone covers the entire program cost within 2 years, after which all additional earnings represent pure return on investment.
3-Year Work Permit Advantage: Unlike US MBA graduates, Rotman graduates can work in Canada for 3 years without employer sponsorship, building valuable North American experience and network.
Global Career Boost: Canadian MBA + 3 years work experience significantly enhances career prospects in India, US, UK, and other markets, justifying the investment.
Consulting & Finance Premium: Graduates in consulting earn CAD 131,672 (approximately 88 Lakhs INR) vs. average CAD 121,889, representing 8% premium for high-demand roles.

University of Toronto's Rotman Full-Time MBA offers international students a compelling combination of world-class education, strong career outcomes, and a unique 3-year Canadian work permit advantage. With 92% employment rate, average salary of CAD 121,889 (approximately 81.5 Lakhs INR), and break-even ROI within 2 years, the program delivers measurable career transformation. The 70% international cohort ensures a truly global learning experience, while Toronto's position as Canada's financial hub provides unparalleled networking and career opportunities. For Indian students seeking to build a North American career foundation before returning to India or pursuing global opportunities, Rotman MBA represents a strategic investment with lasting returns.

Frequently Asked Questions

Ques: Can I work full-time while studying the Rotman MBA?

Ans: No, the Rotman Full-Time MBA is a full-time, in-person program requiring 16 months of intensive study. However, the program includes a mandatory 4-month paid internship during one of three work terms (Summer, Fall, or Winter/Spring), during which you work full-time and earn an average of CAD 5,917 monthly (approximately 39,500 INR). Outside the internship period, international students can work up to 20 hours per week during academic sessions, typically earning CAD 2,000 - 3,500 monthly through part-time roles or teaching assistant positions.

Ques: Is the 3-year Canadian work permit guaranteed for all international MBA graduates?

Ans: Yes, all international graduates of the Rotman Full-Time MBA program are automatically eligible to apply for a 3-year Post-Graduation Work Permit (PGWP) upon completion. You do not require employer sponsorship or a job offer to qualify. This is a major advantage over US MBA programs and one-year MBA programs in Canada. The PGWP allows you to work for any Canadian employer and is a pathway to permanent residency if you meet additional criteria (typically 1-2 years of skilled work experience).

Ques: What is the acceptance rate and how competitive is admission for Indian students?

Ans: Rotman does not publicly disclose acceptance rates, but the program is highly competitive with approximately 1/3 of applicants admitted. For Indian students, the average admitted profile includes: GMAT 672 (middle 80%: 630-720), GPA 3.6, and 5 years work experience. Indian students represent a significant portion of the international cohort (estimated 20-30% of the 65-70% international students). Competitive applications typically exceed minimum criteria; strong GMAT scores (680+), clear career goals, and demonstrated leadership experience significantly strengthen candidacy. Early application (Round 1-2) increases scholarship eligibility and admission chances.

Year	1st Year Fees
Tuition Fees	₹4728498 (CAD 70260)

Other Expenses

Head	Avg Cost Per Year
House Expenses	₹912588 (CAD 13560)
Personal Expenses	₹884322 (CAD 13140)

Previous Year Tuition Fees

Year	1st Year Fees
2024	₹4635624 (CAD 68880)
2022	₹4637307 (CAD 68905)
2021	₹3431627 (CAD 50990)

Important Dates

Event	Application Date
Round 3 Application Deadline For 2026 Intake	~~Mar 4, 2026~~

Reviews

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The college is very nice and you would not regret after taking admission in these college.

Likes

The college infrastructure is very nice
There is an clean environment maintained by the college
College provides a lot of facilities to us to feel us comfort

Dislikes

The college should work on the strictness to the behaviour of students
There should be improvement in the old college building
College should give some leaves to students

There are a lot of platforms where we can find out the place to stay, and if we are not able to find the right place, then there are also some agents available who also help us to find such a place.
You have to get a proper knowledge and study of the area before buying any place to stay, not to be fooled by anyone.

academic: 8/10

faculty: 8/10

infrastructure: 9/10

accomodation: 3/10

placement: 8/10

0 0

Scores Required

5 / 6

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

3.0 / 4

Minimum gpa

GPA

195

Application Fees

Ranking

202520242023202220212020201920182017

Business 33 out of 650 in Global Ranking

( #1 out of 44 in Canada 2025)

Business 39 Rotman School of Management

( #2 out of 44 in Canada 2025)

Business 24 out of 990 in Global Ranking

( #1 out of 29 in Canada 2025)

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TOP Scholarships

Scholarship name	Award amount	Eligibility
Rotman Entrance Award	$10,000 to $90,000	Merit Based

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Programs Comparison

	University of Toronto (MBA )	Harvard University (MBA )	University of California (MBA Brand Management)	Toronto Metropolitan University (MBA )	The University of British Columbia (MBA )	York University (MBA )	Queen's University (MBA )	Western University (MBA )	Rotman School of Management (MBA )	Ted Rogers School of Management (MBA )	Schulich School of Business (MBA )	Desautels Faculty of Management (MBA )	Richard Ivey School of Business (MBA )	Sauder School of Business (MBA )
ranking	# 24 for Business by Times Higher Education 2025 # 33 for Business by QS World University 2025	# 1 for Business by QS World University 2025 # 6 for Business by US News 2025 # 7 for Business by Times Higher Education 2025	# 20 for Business by Times Higher Education 2025 # 31 for Business by QS World University 2025	# 301 for Business by Times Higher Education 2025 # 601 for Business by QS World University 2025	# 29 for Business by Times Higher Education 2025 # 49 for Business by QS World University 2025	# 151 for Business by QS World University 2025 # 201 for Business by Times Higher Education 2025	# 91 for Business by QS World University 2025 # 301 for Business by Times Higher Education 2025 # 62 for Business by Financial Times 2024	# 86 for Business by QS World University 2025 # 96 for Business by Times Higher Education 2025	# 24 for Business by Times Higher Education 2025 # 33 for Business by QS World University 2025	# 301 for Business by Times Higher Education 2025 # 601 for Business by QS World University 2025	# 151 for Business by QS World University 2025 # 201 for Business by Times Higher Education 2025	# 60 for Business by QS World University 2025 # 84 for Business by Times Higher Education 2025	# 86 for Business by QS World University 2025 # 96 for Business by Times Higher Education 2025	# 29 for Business by Times Higher Education 2025 # 49 for Business by QS World University 2025
application	#1656 Applicants # 275 Admissions # 16 % Acceptance Rate	#9856 Applicants # 930 Admissions # 9 % Acceptance Rate	-	# 120 Admissions	# 99 Admissions	-	-	#343 Applicants # 151 Admissions # 44 % Acceptance Rate	#1656 Applicants # 275 Admissions # 16 % Acceptance Rate	# 120 Admissions	#1680 Applicants # 420 Admissions # 25 % Acceptance Rate	-	#343 Applicants # 151 Admissions # 44 % Acceptance Rate	# 99 Admissions
exam scores	IELTS - 7/9 TOEFL - 5/6	Duolingo - 145/160 GMAT - 740/800 GRE - 326/340 IELTS - 7.5/9 PTE - 75/90 TOEFL - 109/120	IELTS - 7/9 TOEFL - 100/120	GMAT - 650/800 IELTS - 7.5/9 PTE - 68/90 TOEFL - 100/120	IELTS - 7.0/9 PTE - 70/90 TOEFL - 100/120	IELTS - 7/9 TOEFL - 100/120	IELTS - 7/9 TOEFL - 100/120	Duolingo - 125/160 IELTS - 6.5/9 TOEFL - 92/120	IELTS - 7/9 TOEFL - 5/6	GMAT - 650/800 IELTS - 7.5/9 PTE - 68/90 TOEFL - 100/120	IELTS - 7/9 TOEFL - 100/120	IELTS - 7/9 TOEFL - 100/120	Duolingo - 125/160 IELTS - 6.5/9 TOEFL - 92/120	IELTS - 7.0/9 PTE - 70/90 TOEFL - 100/120
cost to study	Total Cost (Tuition + Living) -INR 6925506.5	-	-	-	-	Total Cost (Tuition + Living) -INR 7440015	-	-	Total Cost (Tuition + Living) -INR 6925506.5	Total Cost (Tuition + Living) -INR 4087330.9	Total Cost (Tuition + Living) -INR 7440015	-	Total Cost (Tuition + Living) -INR 9401406.2	-
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	#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	#Letter of Recommendation + Statement of Purpose	#Letter of Recommendation + Statement of Purpose
application dates	Sep 10, 2025 (Round 1 Application Deadline For 2026 Intake) Nov 19, 2025 (Round 2 Application Deadline For 2026 Intake) Mar 4, 2026 (Round 3 Application Deadline For 2026 Intake)	Sep 3, 2025 (Round 1 Application Deadline for Fall 2026 Intake) Dec 10, 2025 (Round 1 Decision Date for Fall 2026 Intake) Jan 5, 2026 (Round 2 Application Deadline for Fall 2026 Intake) Mar 25, 2026 (Round 2 Decision Date for Fall 2026 Intake)	Apr 7, 2026 (Round 3 Application Deadline For September 2026 Intake) May 15, 2026 (Round 3 Decision Date For September 2026 Intake)	Oct 27, 2025 (Early round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (1st round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (Early round deadline for Fall (September) 2026 Intake) Jan 12, 2026 (2nd round deadline (final) for Spring (May) 2026 Intake) Jan 19, 2026 (1st round deadline for Fall (September) 2026 Intake) Mar 9, 2026 (2nd round deadline (final) for Fall (September) 2026 Intake)	Mar 24, 2025 (Supporting Documents Deadline Foe 2026 Intake) Jan 9, 2026 (Round 2 Application Deadline for 2026 Intake) Mar 10, 2026 (Round 3 Application Deadline for 2026 Intake) Jun 30, 2026 (Official Documents Submission Deadline For 2025 Intake)	Oct 9, 2025 (Round 1 Application Deadline for September 2026 Intake) Jan 15, 2026 (Round 2 Application Deadline for September 2026 Intake) Feb 19, 2026 (Round 3 Application Deadline for September 2026 Intake)	-	Apr 13, 2026 (Round 2 Application Deadline For 2026 Intake) Jul 6, 2026 (Round 3 Application Deadline For 2026 Intake)	Sep 10, 2025 (Round 1 Application Deadline For 2026 Intake) Nov 19, 2025 (Round 2 Application Deadline For 2026 Intake) Mar 4, 2026 (Round 3 Application Deadline For 2026 Intake)	Oct 27, 2025 (Early round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (1st round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (Early round deadline for Fall (September) 2026 Intake) Jan 12, 2026 (2nd round deadline (final) for Spring (May) 2026 Intake) Jan 19, 2026 (1st round deadline for Fall (September) 2026 Intake) Mar 9, 2026 (2nd round deadline (final) for Fall (September) 2026 Intake)	Oct 9, 2025 (Round 1 Application Deadline for September 2026 Intake) Jan 15, 2026 (Round 2 Application Deadline for September 2026 Intake) Feb 19, 2026 (Round 3 Application Deadline for September 2026 Intake)	Nov 15, 2025 (First Application Deadline For Fall 2026 Intake) Jan 15, 2026 (Second Application Deadline For Fall 2026 Intake) Mar 15, 2026 (Final Deadline For Fall 2026 Intake)	Apr 13, 2026 (Round 2 Application Deadline For 2026 Intake) Jul 6, 2026 (Round 3 Application Deadline For 2026 Intake)	Mar 24, 2025 (Supporting Documents Deadline Foe 2026 Intake) Jan 9, 2026 (Round 2 Application Deadline for 2026 Intake) Mar 10, 2026 (Round 3 Application Deadline for 2026 Intake) Jun 30, 2026 (Official Documents Submission Deadline For 2025 Intake)
Return on Investment/Average Package	-	-	-	-	-	-	-	#Average SalaryINR 9504846.3	-	-	-	-	#Average SalaryINR 9504846.3	-
	-	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison	Read Full Comparison

College Student Profiles

Comments

Found 9 Comments

annas

Aug 8, 2023 10:12

Hello, when and where can i apply for the Undergraduate Certificate (Business Analytics) at uft?

Sinbad Chongtham

Aug 18, 2023 20:51

Application for undegraduate programs offered at the University of Toronto must be submitted through the Ontario Universities’ Application Centre. You can find the link of this centre under the Undergraduate Admission section at the University of Toronto Admission.

sweth

Apr 8, 2023 13:09

Hello, I'm from India. I have a doubt regarding the Program Cloud Computing (Certificate) offered by the University of Toronto. Will this certificate count toward my PGWP? Can I apply for PGWP for taking this course?

Sinbad Chongtham

Apr 10, 2023 15:52

If you have graduated from a designated learning institution in Canada, you may be eligible to apply for PGWP. However, graduating from a designated learning institution does not automatically make you eligible to appy for PGWP. You will be able to apply for PGWP after completing the one-year Certificate in Cloud Computing program of this university.

ronikar khadka

Apr 7, 2023 19:27

Hello i am from nepal and want to study masters in child counselling. i have completed bacheolars in social work (4 years course). what are the qualification required to apply for the course. Do i need to do any extra course to bridge?

Sinbad Chongtham

Apr 10, 2023 16:57

The University of Toronto does not offer Master in Child Counseling. But the university offers MA Child Study and Education, MA Counselling and Clinical Psychology, M.Ed Counselling and Psychotherapy, M.Ed Global Mental Health and Counselling Psychology, M.Ed Guidance and Counselling, MA School and Clinical Child Psychology. To apply for these programs, you must have a bachelor’s degree in Psychology.

Scholarship Grants & Financial Aids

Name	Scholarship Per Student	Level of Study	Type
FINCAD Women in Finance Scholarship	Scholarship per student₹ 13.5 L/Yr$20,000	Level Of StudyMaster	TypeMerit-Based	View Details
Ontario Graduate Fellowship	Scholarship per student₹ 6 L/Yr$8,875	Level Of StudyDoctorate	TypeMerit-Based	View Details
Jared J. Davis Grant	Scholarship per student₹ 67,300/Yr$1,000	Level Of StudyBachelor	TypeMerit-Based	View Details
Golden Key Graduate Scholar Award	Scholarship per student₹ 1 L/Yr$1,500	Level Of StudyMaster	TypeMerit-Based	View Details
Axol Science Scholarship	Scholarship per student₹ 1.3 L/Yr$2,000	Level Of StudyBachelor	TypeCompany-Sponsored	View Details
Business Administration Scholarships	Scholarship per studentVariable Amount	Level Of StudyBachelor	TypeMerit-Based	View Details

Similar Programs

Program	Important Date	Total Fees	Median Exams Score	Action
MBA, McGill University 1 year	~~Second Application Deadline For Fall 2026 Intake (15th Jan 2026)~~ ~~Final Deadline For Fall 2026 Intake (15th Mar 2026)~~	INR 73 L/Yr CAD 108,500 /Yr	IELTS: 7 TOEFL: 100
E.M.B.A, University of Toronto 1 year	--	INR 81.8 L/Yr CAD 121,600 /Yr	TOEFL: 93 IELTS: 7

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Master of Business Administration [MBA]

Why Study MBA at University of Toronto Rotman

University of Toronto MBA Fees 2026

Cost of Living in Toronto for International Students

Accommodation Options for International Students

On-Campus Housing Options

Off-Campus Housing Options

Part-Time Work Opportunities for International Students

Admission Requirements & Process

Application Deadlines & Intake Dates (2026-2027)

Eligibility Criteria

Admission Process

English Language Proficiency Requirements for University of Toronto MBA

University of Toronto MBA Rankings 2026

Scholarships for International Students at University of Toronto MBA

Placement Data & Job Outcomes for Rotman MBA Graduates

Return on Investment for University of Toronto MBA (International Students)

Frequently Asked Questions

Tuition Fees

Other Expenses

Previous Year Tuition Fees

Important Dates

The college is very nice and you would not regret after taking admission in these college.

Scores Required

TOP Scholarships

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