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University of Toronto MBA: Fees for Indian Students, Requirements, Placements & Application Deadlines

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U of T MBA/PGDM
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The University of Toronto last date to apply for MBA course is May 13, 2026, Round 4. The duration of this university's MBA course is 2 years. A 4-minth internship is a part of this course. 

Read: Top Reasons to Study at University of Toronto

University of Toronto MBA Tuition Fees & Specializations

In INR, the tuition fee for first-year is around 41 Lakh (Excluding living expenses). The University of Toronto fees for MBA course (estimated) is given as follows: 

Year

MBA Tuition Fees

1st year

CAD 67,530

2nd year

CAD 68,880

Total

CAD 136,410

Also Read: MBA in Canada 

University of Toronto MBA Admission Requirements 

To take admission to the MBA course at Toronto University, students are required to meet all the entry requirements.

  • Undergraduate Degree: An appropriate bachelor’s degree or equivalent from a recognized university
  • Minimum GPA: For Indian applicants, the minimum GPA required is 1st class / Div or 8.0 / 10; 7.5 / 10 from Indian Institute of Technology. Also, A Minus GPA and B Plus GPA are also accepted. However, check the exact requirements from the University of Toronto MBA course page
  • No GMAT / GRE score
  • Work Experience: Two years (minimum)
  • Professional References: Of two referees
  • Essay and Interview: The applicants stand out by writing an essay outlining their professional and personal lives. Also, a video interview (2 questions) with a new timed written response component (10 minutes in length) is required

Related Read: Eligibility for MBA in Canada for Indian Students 

University of Toronto MBA English Language Proficiency Exams

Given below is the minimum scored required in the English language proficiency tests for admission to Toronto Uni MBA course: 

Tests

Scores

TOEFL

100 overall

IELTS

7.0

Note: Students from India and Pakistan do not need any further proof of English language proficiency if they have graduated from an English-language university.

Toronto University Acceptance Rate

According to various unofficial sources, the University of Toronto acceptance rate is 43%. The full-time MBA course class of 2024 has a total of 275 students. Out of the 100%, 65% are international students. As per an unofficial source, Rotman School of Management is one of the top B-schools globally.

The full-time MBA program of Rotman School of Management attracts top talent from an incredibly diverse range of professional and academic backgrounds. So, to take admission to an MBA course at the University of Toronto, it is advised to have a good academic profile including good marks in GMAT / GRE. However, as specified by the university, a holistic approach is followed. This means, all the factors of an MBA application are considered.

University of Toronto MBA Admission Dates

Toronto University application deadlines for the full-time MBA class are given below:

Rounds

Application Deadline

4th Round

13 May 2026

University of Toronto MBA Application Process

The applicants can fill MBA application form of the University of Toronto online directly at the university’s website. Check the step-by-step application process for the University of Toronto MBA given below:

Step 1: First of all, go to the official website of the University of Toronto and in the search bar type Rotman School of Management

Step 2: Then, click on the full-time MBA course. A new tab will open. From there, click on the ‘how to apply’ tab

Step 3: After this, a login window will appear. Click the ‘Don’t have an account – Sign Up’ tab here.

Step 4: Now, sign up by entering the necessary details like email id, name, mobile number, etc. Then, click on the ‘register’ button.

Step 5: Then, verify the email account by entering the verification code. Now, a new tab will appear, here, click on the ‘new application’ tab.

Step 6: Now, enter the details in each section of the application. The details that have to be entered include personal, work experience, professional experiences, etc. Also, submit the CAD 195 as an application fee to submit the application

Read: How to Apply for UG & PG Courses in Canada 

Documents required for University of Toronto MBA Application

Given below are the University of Toronto requirements for MBA application:

  • Undergraduate degree academic transcripts
  • GMAT / GRE test score report
  • Resume
  • Professional References
  • Essay and Video Interview
  • English language proficiency test score

University of Toronto MBA Ranking

The University of Toronto ranking for the MBA course is given below:

Ranking Body

2024

2022

Financial Times

67

79

QS Global MBA Rankings

41

42

University of Toronto MBA Cost of Living

Given below are the estimated funds that a single student shall require for living expenses for the first 12 months in Toronto.

Particulars

Expenses (CAD)

Textbooks

2,000

Laptop

1,600 – 2,000

Accommodation

8,000 – 14,000

Food

4,000 – 5,500

Personal Expenses

2,000

Transport

1,300

Insurance

756

Read: Cost of Living in Canada for Indian Students 

University of Toronto Vs York University Vs University of Calgary

Given below is the comparison of the top-ranked Canadian Universities for their MBA program based on the parameters including ranking and fees.

MBA Universities

MBA Tuition Fees

University of Toronto

INR 27.85 L – 41.37 L

York University

INR 31.87 L – 49.06 L

University of Calgary

INR 24.29 L

Also Check:

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University of Toronto MBA/PGDM Highlights 2026

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Commonly asked questions
On Highlights
Q:   How much is the University of Toronto MBA application Fee?
A: 

Univ of Toronto application fee for the MBA programme is CAD 195 and is non-refundable. Applications are not considered complete until all required documents are received and application fee is paid. Indian students can pay the fee can be paid via credit card, debit card or wire money transfer. For candidates who have received offers of admission, a non-refundable deposit of CAD 5,000 is required too. 

Q:   What is the average monthly stipend of MBA interns of University of Toronto?
A: 

95% of full-time MBA students seeking an internship completed an internship (Class of 2024). 68% of the internships offers were school-facilitated and 21% is student-facilitated. Some of the industries where students seeked internship are Financial Services, Consulting, Healthcare, CPG & Retail, etc. The average monthly salary of the internship seeking studens is CAD 6,494 (Around INR 4 L). 

Q:   What are the MBA requirements for the University of Toronto?
A: 

To enroll in MBA at University of Toronto's Rotman School of Management they need to fulfil following eligiblity criteria-

  • Recognized 4-year UG degree
  • Academic transcripts
  • Minimum of work experience of 2 years
  • English proficiency proof
Q:   Which companies are the top employers of MBA graduates of University of Toronto?
A: 

Here is the list of the top recruiting companies of Toronto University MBA graduates: 

Top Employers

Accenture Inc. (Canada)

Amazon

Adobe

Citi (Canada)

CIBC

Capital One

BCG

Bain & Company

Canada Life

Fossil Group

Gartner

Kearney

Cognizant

Deloitte

EY

Morgan Stanley (Canada)

PepsiCo Canada

Thomson Reuters

McKinsey & Company

Microsoft

KPMG

Uber

SAP

ScotiaBank

TikTok

Tesla

Wipro

PwC

RBC Financial Group

Shopify

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U of T MBA/PGDM
Fees details 2026

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Fee componentsAmount (for 20 - 32 months)
INR 30.15 L - 44.77 L
INR 10.73 L
INR 49.14 K
INR 46.48 K - 97.5 K
INR 5.1 L - 5.36 L
INR 46.93 L - 62.32 L
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These are estimated fees information. Actual values may differ.

U of T MBA/PGDM

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Compare MBA/PGDM at U of T with other similar colleges

College1st Year Tuition FeesRanking
INR 21.28 L - 56.76 L#21 THE, 2026
INR 10.03 L - 30.92 L#94 QS, 2026
INR 15.53 L - 72.45 L#27 QS, 2026
INR 6.73 L - 54.3 L#40 QS, 2026
INR 5.61 L - 29.69 L#301 THE, 2026
INR 12.57 L - 62.07 L#333 QS, 2026
The values are of the latest years available with Shiksha. For more details, check detailed comparison
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University of Toronto MBA/PGDM Rankings

U of T MBA/PGDM
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U of T MBA/PGDM
Students Ratings & Reviews

3.9/5
Verified Icon1 Verified ReviewInfo Icon
Student Views (Based on Reviews)
  • 0% students never faced discrimination in this university
Vibe of Campus
Friendly
Fun loving
Internships3
Part time work3
Post study jobs5
Quality of faculty5
Student Life4
Value for money3
Public transportation5
Safety4
Indian Food4
Permanent Immigration3
A
AnonymousVerified Icon
Full Time MBA - Batch of 2027
3.9
Life here in Toronto is actually good.
Tips: My experience here has been mostly positive and I can see myself transitioning as time goes by. I did a lot of planning before I opted for the MBA programme here and I have not been disappointed. The faculty are experts in their industries and networking events and employee meet ups happen quite regularly. The exposure is helpful although immigration and landing work here is much more challenging than it used to be.
Total Monthly ExpenseCAD 1650
Prepping time for classes34 hours/Week
Expected Annual SalaryCAD 105275
Reviewed on 24 Oct 2025Read more
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University of Toronto MBA/PGDM FAQs

Q:   What GPA do you need for U of T MBA?
A: 

To be considered for an MBA at the University of Toronto, international applicants need to have a minimum GPA of 3.0. Other than that, international students also need -

  • A UG degree
  • English language proficiency with minimum score required
  • Good LORs, SOP 
  • GMAT or GRE (if the student does not have a UG degree)
Q:   What are the various industries where MBA graduates of Toronto University are working?
A: 

Toronto University MBA graduates was offered jobs in the industries Technology, Legal Services, Consulting, Energy & Natural Resources, etc. The industry-wise average salary can be checked from the table given below: 

Industries

Average MBA Grad Salary 2023

Financial Services

CAD 107,822 (Around INR 67.7 L)

Consulting

CAD 147,504 (Around INR 92.7 L)

Technology

CAD 121,525 (Around INR 76.4 L)

Legal Services

CAD 177,882 (Around INR 1.1 Cr.)

CPG & Retail

CAD 89,900 (Around INR 56.5 L)

Healthcare

CAD 86,468 (Around INR 54.3 L)

Real Estate / Construction / Infrastructure

CAD 85,000 (Around INR 53.4 L)

Other

CAD 99,562 (Around INR 62.6 L)

Manufacturing

CAD 119,250 (Around INR 74.9 L)

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U of T

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered Yesterday

Yes, the University of Toronto rankings by Times Higher Education are generally considered accurate as it uses many parameters like -

  • Teaching
  • Research Environment
  • Research Quality
  • Industry Standards
  • International Outlook

As per the given parameters,  Times Higher Education awards the University of Toront

...Read more

M

Mamona Dixit

Contributor-Level 9

Answered Yesterday

The University of Toronto is one of the most popular universities in Canada and around the world.

This university is ranked by some of the top ranking bodies of the world. As per the latest global rankings in 2026, Toronto is ranked #21 by Times Higher Education World Universities Rankings.

As per 202

...Read more

K

Kanika Pandey

Contributor-Level 9

Answered Yesterday

ARWU has ranked the University of Toronto very highly along with great the top subject rankings as well. In the year 2025, Toronto University is ranked #25 which is a slight improvement from what is was the last year. 

The given parameters are used to rank the unis like the University of Toronto by t

...Read more

P

Piyush Rastogi

Contributor-Level 9

Answered 5 days ago

Yes, Indian students are allowed to change their course at U of T Canada. This can be done using the ACORN portal. Here students can add, delete, and change courses or majors.

Students will need to meet the requirements of the new course, and apply on time. Some programs with "limited enrollment" on

...Read more

A

Akash Gaur

Contributor-Level 10

Answered 5 days ago

Scholarship deadlines at Uni of Toronto vary for different financial aid programs. Most scholarships have their deadlines between November and January.

This includes the Lester B Pearson International Student Scholarship, University of Toronto Scholars Program and several Graduate Scholarships.

A

Akash Gaur

Contributor-Level 10

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Akash Gaur

Study Abroad Expert

Akash Gaur, a BTech grad from Ghaziabad, is working as a Content Writer at Shiksha.com. In his role as a Study Abroad expert, Akash takes care of key pages for colleges and universities abroad. He creates, updates, and maintains p... Read Full Bio

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U of T
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