Master of Finance 

at U of T, Toronto

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.

To get admission, the applicants are required to meet Toronto University admission requirements. 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

Read: Eligibility Criteria to Study in Canada 

Toronto University application fee for graduate courses is CAD 130 (INR 8.6 K)  (Exceptions applicable). This is a non-refundable and non-transferable fee. On the other hand, the application fee for undergraduate courses is CAD 192 (INR 12.7 K). Payment is made at the time of application online using a credit card (only a visa or MasterCard credit card is accepted). 

1 CAD = INR 66.48

Both Universities are very selective at granting admissions to students & only consider highly qualified individuals. The universities are neck & neck in terms of their acceptance rates, with the University of McGill acceptance rate standing at 48%, while that of University of Toronto is around 43%. It can be said that University of McGill is marginally easier to secure admisisons at as compared to University of Toronto.

Candidates interested in admissions at either institute must perform really well in past academics & university level exams & maintain a professional resume that stands out from the rest to have the best possible chance of securing a seat.

The top programs offered by the University of Toronto are given below:

• Psychology
• Materials Science
• Human Biology
• Statistical Sciences
• Immunology
• Actuarial Science
• Sociology
• Management

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

No, the University of Toronto does not follow a rolling admission system. It is important to know that there are specific admission deadlines available at this university that international students need to follow. 

But yes, if your application was not selected in the first rounds, it is then reviewed in the next rounds. 

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.

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: