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

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#1 in MBA/PGDM in Canada

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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 Mar 4, 2026. 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

1st Round

10 Sep 2025 

2nd Round

19 Nov 2025

3rd Round

4 Mar 2026

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:   Is the University of Toronto good for MBA?
A: 

The duration of the UToronto MBA course is 16 months + 4 months of paid internship. While studying for this course, students are going to learn from the world-class renowned faculty and seasoned industry leaders. Furthermore, for the 90% of the MBA graduates of Class of 2023-24 secured employment 6 months after graduation. The average starting salary of the MBA graduates is CAD 140,289 (INR 88.2 lakh).

Q:   What is the average salary of the University of Toronto's MBA graduates as per industry standards?
A: 

The highest salary to the UofT MBA graduates was offered in the industries Legal Services, Technology, Consulting, Energy & Natural Resources, etc. The industry-wise average salary is 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)

Students can check the list of the highest-paying jobs in Canada

Q:   How much does an MBA graduate from the University of Toronto make?
A: 

According to the employment statistics for the University of Toronto MBA course the reported average salary is CAD 140,289 (Around INR 88.2 L). 90% of the full-time MBA students are employed 6 months after graduation. Whereas  81% of MBA students seeking employment were employed 3 months of graduation.

Particulars

Stats

Average base salary

CAD 123,724 (Around INR 77.7 L)

Median base salary

CAD 102,000 (Around INR 64.13 L)

Average signing bonus

CAD 21,163 (Around INR 13.3 L)

Median signing bonus

CAD 19,000 (Around INR 11.9 L)

 

U of T MBA/PGDM
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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 20.89 L - 55.72 L#21 THE, 2026
INR 9.84 L - 30.35 L#94 QS, 2026
INR 15.24 L - 71.12 L#27 QS, 2026
INR 5.51 L - 29.14 L#301 THE, 2026
INR 12.34 L - 60.93 L#333 QS, 2026
INR 18.21 L - 24.92 L -/-
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 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). 

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U of T

Student Forum

chatAnything you would want to ask experts?
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Answered a month ago

The University of Toronto is the #1 university in Canada, as per the latest Shiksha Rankings. McGill University ranks just behind it with rank #2 in Canada.

At U of T Canada, students will find a more research intensive environment. Students also get more course options, and the university is much la

...Read more

A

Akash Gaur

Contributor-Level 10

Answered a month ago

Both universities have their own strengths. Uni of Toronto is better for students interested in studies at a university with prestige and quality research. Toronto as a city also offers better social, cultural, and career opportunities. Students also get more course options to choose from.

UWaterloo

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Akash Gaur

Contributor-Level 10

Answered a week ago

The course fee varies at Henry N.R. Jackman Faculty of Law for different levels. The University of Toronto LLM tuition is CAD 36,560 - CAD 54,040 (INR 24.31 L - INR 35.93 L) for the first year excluding the living expenses. While the JD tuition fee at this university is CAD 69,320 (INR 46.09 L). 

K

Kanishka Gambhir

Contributor-Level 10

Answered a week ago

The Law Courses at University of Toronto are highly ranked in Canada as well as in the world. Many top ranking bodies in the world rank this Law faculty such as QS, THE, etc. QS Ranking for Law ranks the university #16 in the world. 

K

Kanishka Gambhir

Contributor-Level 10

Answered a week ago

There are many notable Law alumni of University of Toronto who engaged at the Supreme Court of Canada. Some of these alumni are mentioned below- 

  • Bora Laskin- Chief Justice of Canada (1973–1984) 

  • John C. Major- Puisne justice of Supreme Court of Canada (1992–2005) 

  • John Sopinka- Puisne justice of the S

...Read more

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Kanishka Gambhir

Contributor-Level 10

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Akash takes keen interest in writing content. He is particularly drawn towards putting his thoughts into words and is what he enjoys the most. Currently working as part of the Study Abroad team at Shiksha, he keeps a sharp focus on education policie...Read Full Bio
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U of T
Location

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University CityToronto, Ontario, Canada
Size of cityLarge
Population of City27,31,571

U of T
Contact Information

Address

27 King's College Circle, Toronto, Ontario M5S 1A1 Canada
Toronto ( Ontario)

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