Full Time MBA 

at U of T, Toronto

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: 

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

The University of Toronto application fee for the MBA programme is CAD 195 and is non-refundable. The applications will not be considered complete until all required elements are received and the application fee is paid. This fee can be paid via credit card, debit card or wire money transfer. Also, for candidates who have received offers of admission, a non-refundable deposit of CAD 5,000 is required to confirm their attendance in the programme by the date outlined in their offer letter.

As per the University of Toronto MBA employment report 2023-24, the highest number of graduates were hired by the Financial Services and Consulting industry. Check the placement statistics from the table given below: 

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. A few of the salary details for the MBA graduates are given below:

The duration of the University of Toronto 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 (Around INR 88.2 lakh).

Based on the data curated from an unofficial source, the University of Toronto acceptance rate stands at 54% meaning that out of every 100 applicants, 54 were given an offer to join this university. It is a moderate acceptance rate, making it a slightly selective university.

However, the acceptance rates for the Engineering programs, like Engineering, Rotman Commerce, and Computer Science, are relatively lower, standing at just 10 to 20% making 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. 

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.

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 125  (Exceptions applicable). This is a non-refundable and non-transferable fee. On the other hand, the application fee for undergraduate courses is CAD 180. Payment is made at the time of application online using a credit card (only a visa or MasterCard credit card is accepted).