Master of Finance 

at U of T, Toronto

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.

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. 

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.

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.

The University of Toronto offers on-campus accommodation campus to international students but students can choose to live off campus as well. Other than the tuition fees a major portion of your expenses in the university will go towards your accommodation, food, and other stuff and on campus,  these expenses might range from CAD 8,000 to CAD 15,000 per academic year. Also, your living expenses in Canada will depend on various factors such as your lifestyle, type of accommodation you choose and your personal expenses. However, off-campus living may cost you up to CAD 15,000 or more.

Both the universities – McGill University and the University of Toronto are great universities and the decision to choose between these universities is dependent on personal preferences, about the specific program, the culture and environment, etc. However, some of the points according to some of the reviews over an unofficial source are:

• University of Toronto’s admissions standards are somewhat lower than McGill University, particularly in some programs like Business 
• McGill students tend to have a stronger sense of school pride / spirit
• McGill University is much more international when it comes to the diversity of students, especially if you look beyond students from India and China

To further elaborate the comparison, here are the rankings of both of these universities:

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

Check Toronto University IELTS requirement along with the test scores of other English language requirements from the table given below:

As per facts of 2021, the total number of students in all three campuses of the University of Toronto was 97,066. More than 20,000 international students were enrolled in the undergraduate programs and over 4,500 international students were enrolled in the graduate programs. India is at No. 2 position out of all the 15 countries from where students came to study at the University of Toronto.

Also Read: Top 5 Reasons to Study in Canada