

Master of Finance
- Public University
Rotman School of Management
Master of Finance at U of T Overview
Duration | 15 months Get Curriculum |
Tuition & Fees | ₹31.73 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Finance at U of T Fees
Students interested in pursuing a Master of Finance from University of Toronto must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in Canada such as rent, food, medical, travel and other expenditures. The overall estimated cost of living students can expect to incure is around CAD 16,821. The cost may vary as per the lifestyle being pursued by the students and some other fees that may be charged by University of Toronto over the duration of studies. The first year tuition fee for Master of Finance is around CAD 48,410. For a more detailed fee breakdown regarding the Master of Finance from University of Toronto, refer the table given below:
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 31,73,276 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 10,81,641 |
| Insurance | INR 49,556 |
Master of Finance at U of T Curriculum
Students can download the PDF for getting access to the university's curriculum by clicking on the green symbol below. This PDF contains all of the aspects about Master of Finance course offered by University of Toronto, including the subjects taught, program credits, electives, and the semester-by-semester course structure. Get it now!
Download exam sample paper
Master of Finance at U of T Entry Requirements
- No specific cutoff mentioned
- CGPA - 3/4
- Read less
- Applicant must hold a four-year undergraduate degree or equivalent
- Minimum mid-B average (equivalent to a 3.0 from the University of Toronto) is required across courses in the final year.
- Candidates who meet or exceed all other requirements but do not meet the GPA requirement may be eligible for non-standard admission on a case-by-case basis
- India specific requirements:
- 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
- Applicant must hold a four-year undergraduate degree or equivalent

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Out of 10
- N/A
- A three-year bachelor's degree is only accepted if it is followed by a master's degree

Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- Marks - 100/120
- Read less
- with a minimum of 22 in both writing and speaking
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- No specific cutoff mentioned
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You are required to show evidence of quantitative proficiency through one of the following
- Strong performance (B or higher) in relevant courses (university-level calculus, linear algebra, statistics, or econometrics)
- Satisfactory GMAT or GRE
-
- Marks - 7/9
- with at least 6.5 across all bands
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
- No specific cutoff mentioned
- Read less
-
You are required to show evidence of quantitative proficiency through one of the following
- Strong performance (B or higher) in relevant courses (university-level calculus, linear algebra, statistics, or econometrics)
- Satisfactory GMAT or GRE
-
- Minimum: 24 months
- Minimum of two years of work experience in finance or a finance-related field strongly recommended.
- University will short-list candidates for an interview. The interview is by invitation only.
- Yes
- Read lessMost of the university's admission decisions are based on interim marks, and so the majority of its offers are typically conditional on achieving acceptable final standing. Students are expected to maintain consistent academic standing for the duration of their high school (and post-secondary, if applicable) studies
Master of Finance at U of T Frequently Asked Questions
The Uni of Toronto acceptance rate is 76.81%. And, it is a good acceptance rate and tells that it is not a very selective university. On the other hand, acceptance rates for Engineering programs like Engineering Rotman Commerce and Computer Science are lower, standing at just 10 to 20% it a highly selective university to get into.
The University of Toronto is very popular among International students for a variety of reasons. Its acceptance rate stands at 76.8% which tells us that it is not a very selective university to get into. However, by meeting a few U of T admission requirements, Indian students can bag their offer letters.
Please refer to the list of documents required at this university:
Academic transcripts (Class 10, 12, and any university transcripts)
Proof of English language proficiency (IELTS/TOEFL/Duolingo/PTE)
Standardized test scores (if needed)
LORs (for PG programs)
Statement of Purpose or essays (for some programs)
Portfolio/Audition (for Architecture, Fine Arts, Music)
Valid passport
Yes, to appear for the University of Toronto admissions. the students are required to submit an English proficiency test score such as IELTS or TOEFL. For IELTS, the students should have a minimum score of 6.5 with no band lower than 6.0 in any strand.
Results from IELTS (Academic) are considered for admissions at this university.
Uni of Toronto has one of the most competitive acceptance rates in Canada. University of Toronto acceptance rate is around 54%. The university itself has mentioned that admission to the university is quite competitive. The applicants are considered as per their academic history; some programs need supplementary applications, auditions or profiles. The university recommends that the applicants apply early and submit all the necessary documents as early as possible.
Check Toronto University IELTS requirement along with the test scores of other English language requirements from the table given below:
Tests | Undergraduate Test Scores | Graduate Test Scores |
|---|---|---|
Overall band of 6.5 with no band lower than 6.0 | 7.0 with at least 6.5 in each component | |
100 with 22 on the Writing section | 93 with 22 in Writing / Speaking | |
120 | NA |
Master of Finance at U of T Rankings
| Rank | Rank Publisher |
|---|---|
| #17 | |
| #24 |
Master of Finance at U of T Students also asked
Both the University of Toronto and the University of Michigan are top-ranked, highly reputed universities. If we consider the below comparison table, the University of Toronto ranked #13 among world universities whereas the University of Michigan ranked #3. The students must look for various other factors including affordability, career opportunities, academic structure, and campus life rather than just rankings. Students can check the table below for the comparison between the two:
Edurank 2025 | University of Toronto | University of Waterloo |
|---|---|---|
World Ranking | #13 | #3 |
Country Rankings | #1 | #3 |
State Rankings | #1 | #1 |
As an international student, an application can be made via the official portal of the university These admission requirements are given below:
Undergraduate Courses
- All India Senior School Certificate awarded by CBSE / Indian School Certificate awarded by CISCE. Class 12 State Board exams with excellent results shall also be considered on an individual basis
- Note that CBSE students who want to study programs that need Calculus for admissions, like Business, Engineering, and Science programs, must present Class 12 Standard Mathematics for admission consideration
- Class 12 Applied Mathematics (Old and New syllabus) shall not meet the Calculus requirement
Graduate Courses
- For master's programs, the applicants must have an appropriate bachelor's degree, or its equivalent with a final-year average of at least mid-B from a recognised university
- For doctoral programs, an appropriate master's degree, or its equivalent, with an average of at least B+ or demonstrated comparable research competence is required. Some departments directly admit students to a doctoral programme from a bachelor's degree (Minimum average A- required)
- Also, do refer to country-wise requirements before applying to University of Toronto graduate programs
Students will receive an acknowledgment from the university, with login instructions about two weeks after submitting Toronto University application for undergraduate courses. In the case of graduate programs, the decision on the application will vary by graduate unit, and is affected by the number of applications received. Some early offers of admission are sent out in January or February, but, the majority of offers normally come in March. Generally, the University of Toronto advises applicants to expect a response by April, although decisions continue to be made after this too.
According to QS Rankings 2024, Univ of Toronto has a ranking of #21 and Univ of Waterloo has a ranking of #112. Check the table mentioned below.
| Year | University of Toronto | University of Waterloo |
|---|---|---|
| 2020 | 29 | 173 |
| 2021 | 25 | 166 |
| 2022 | 26 | 149 |
| 2023 | 34 | 154 |
| 2024 | 21 | 112 |
University of Toronto, McGill University and University of British Columbia have been ranked as some top universities in Canada. Toronto University has highest world ranking as compared to other 2 universities and is also known to have highest placement rate of 97% for MBA courses.
Some of the important comparative points for these universities based on different parameters are given as follows:
| Parameter | Toronto University | McGill University | University of British Columbia |
|---|---|---|---|
| QS World Rankings 2024 | #21 | #30 | #34 |
| Average Salary/Median Salary | INR 75.14 Lakhs | INR 58.93 Lakhs | INR 3.16 Lakhs |
| Tuition Fees (MBA) | INR 18 L - INR 46 L | INR 14 L - INR 60 L | INR 6 L - INR 43 L |
(1 CAD = 60.76 INR)
University of TorontoStudents Ratings & Reviews
- 26% students never faced discrimination in this university
Master of Finance at U of T Highlights
- Master of Finance is offered by Rotman School of Management under University of Toronto, Canada
- The Rotman Master of Finance is established as one of the leading finance programs in the country, with faculty recognized as world-class thought leaders in the field, and an alumni network with deep roots in the Toronto financial sector
- The program provides the most in-depth theoretical and applied finance training currently available
- Students come from a variety of backgrounds such as financial risk, portfolio management, corporate finance, equity research, accounting, sales and trading, insurance, pensions, and legal settings
Master of Finance at U of T Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 6 years |
| GMAT Score Average | 679 |
| Student Age | 31 |
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