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Master of Finance 

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#1 in MIM in Canada

  • Public University
  • Institute IconRotman School of Management
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Master of Finance
 at 
U of T 
Overview

Duration

20 months
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Tuition & Fees

31.54 Lakh
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Course Level

PG Degree

Master of Finance
 at 
U of T 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 31,54,396
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
Hostel & MealsINR 10,96,056
InsuranceINR 49,261
Info IconCalculated at the exchange rate of 1 CAD = INR 65.16 | Tuition & expenses were last updated on 17ᵗʰ December 2024

Master of Finance
 at 
U of T 
Curriculum

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Master of Finance
 at 
U of T 
Entry Requirements

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Master of Finance
 at 
U of T 
 
Frequently Asked Questions

Q:   How much is the application fee for the University of Toronto?
A: 

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). 

Q:   How hard is it to get into the University of Toronto?
A: 

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.

Q:   Do you need IELTS for University of Toronto?
A: 

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. 

Q:   Is there an interview round at the University of Toronto?
A: 

For many of the University of Toronto courses, international students are interviewed after they are shortlisted. An interview is very common for programs like Medicine, Graduate Studies (PhD), Master of Biotechnology and more. 

Other than these graduation courses, there might also be an interview for some UG courses as well. 

Q:   Which is harder to get into among University of McGill and University of Toronto?
A: 

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.

Master of Finance
 at 
U of T 
Rankings

Master of Finance
 at 
U of T 
 
Students also asked

Q:   Is the University of Toronto a good university?
A: 

University of Toronto is public research university and is Canada’s top university. U of T has been consistently ranked among top 20 universities in world by THE. QS Rankings 2024 ranked the university #21 in the world which is a significant improvement of 13 positions from last year’s #34. Meanwhile, THE Rankings 2023 ranked University #18 in the world. THE has been consistently ranking the university at #18 position in world for last four years.

Q:   What is the cost of living for Uni of Toronto?
A: 

The UToronto offers oncampus accommodation campus to Foreign students but students can choose to live off campus as well. Your living expenses in Canada will depend on various factors like lifestyle, type of accommodation you choose and your personal expenses. However off campus living may cost you up to CAD 15,000 or more.

Q:   Which University of Toronto campus is the best?
A: 

The Mississauga campus of the U of T is the oldest and main campus with 148 programs in 89 areas of study across its 15 academic departments. 

The St. George campus is home to seven colleges; Innis, New, St. Michael’s, Trinity, University, Victoria College and Woodsworth.

Meanwhile, the Scarborough campus of the U of T offers more than 250 programs and over 1,300 courses annually to its students.

Q:   What are the living costs at University of Toronto?
A: 

Given below are the living expenses that students at Toronto Uni can expect to pay: 

CategoryCost Per Month
Housing USD 1,100 - USD 2,700 
InternetUSD 60 - USD 115
FoodUSD 340 
Transportation USD 128.15 
BooksUSD 500/semester
Q:   Should I choose the University of Toronto, University of Waterloo or McMaster University?
A: 

The University of Toronto, University of Waterloo, and McMaster University are among the top universities in Canada for international studnets. They offers the best education at undergraduate and graduate programme levels for students. We have compared them in the table below in term of tuition fees andranking:

UniversitiesQS Ranking 2024First Year Tuition Fees
University of Toronto21INR 15 L to INR 75 L
University of Waterloo112INR 9 L to INR 44 L
McMaster University189INR 2 L to INR 59 L

As per the above data, McMaster offers programme at low cost as compared to other two. While, Toronto University ranks high in the world. Therefore, it depends on your choice where you want to apply.

University of Toronto
Students Ratings & Reviews

4/5
Verified Icon40 Verified ReviewsInfo Icon
Student Views (Based on Reviews)
  • 26% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Friendly
Liberal
Internships3.5
Part time work3.3
Post study jobs4.3
Quality of faculty4.5
Student Life4.3
Value for money3.5
Public transportation4.5
Safety4.5
Indian Food4.3
Permanent Immigration3.6
A
AnonymousVerified Icon
Master of Science in Clinical Epidemiology and Health Care Research - Batch of 2027
3.9
Good for exposure and growth.
Tips: I have had a mostly positive experience at university and it has taught me to become more self reliant and capable than before. The academic culture is more straightforward and optional reading isn't exactly optional. Scholarships can also be awarded as the academic year progresses. Part time jobs on campus are limited and very sought after so you'll be lucky to get one.
Total Monthly ExpenseCAD 1800
Prepping time for classes31 hours/Week
Expected Annual SalaryCAD 100650
Reviewed on 30 Nov 2025Read more
Thumbs Up IconThumbs Down Icon
A
AnonymousVerified Icon
BSc Hons in Molecular Biology - Batch of 2028
3.6
Though competitive in academics, there are many resources to help students along the way.
Tips: Quite the academically inclined college. Academics are rigorous, but the quality of education is also great! Resources are available to students to help throughout education such as health and counselling services, recreational services, women's equity centre, etc.
Likes (Public transportation): Free bus is very helpful. Many free resources are invested in by the student union. These resources, including free busing for students, health insurance, free counselling services, allow students to have the resources they need in order to do well.
Dislikes (Post study jobs): In Biology, an undergraduate degree is often insufficient in the job hunt. Post-grad jobs after a Biology undergraduate degree can be very competitive due to this. Due to the competitiveness, it can be overwhelming for students to try and find jobs after graduation.
Total Monthly ExpenseCAD 1825
Prepping time for classes46 hours/Week
Expected Annual SalaryCAD
Reviewed on 27 Nov 2025Read more
Thumbs Up IconThumbs Down Icon
A
AnonymousVerified Icon
BSc Hons in Bioinformatics - Batch of 2026
3.9
Good to learn and spend time on campus.
Tips: Great place to step out of your comfort zone and grow as a person. You will be exposed to all sorts of people from all over the world as well and you'll get the opportunity to experiment with your interests and ideas both within and outside the classrooms. The campus is huge and welcoming and you'll be occupied for most of the day. Ideal for STEM and business fields.
Total Monthly ExpenseCAD 2600
Prepping time for classes30 hours/Week
Expected Annual SalaryCAD 99100
Reviewed on 20 Nov 2025Read more
Thumbs Up IconThumbs Down Icon
A
AnonymousVerified Icon
Bachelors of Business Administration - Batch of 2027
4
My study abroad life has been good so far.
Tips: Life in Toronto is full of surprises and activity. There's never much of a dull moment here. Classes are well structured and formulated in a way that they cover all essential aspects of your chosen field and the business programs are particularly renowned. Professors are wise and empathetic. Keep essentials from India especially medicines, as the winters can really trigger sickness if you're not used to it. Most of my meals are cooked and most groceries are available as well. Good experiences.
Total Monthly ExpenseCAD 1800
Prepping time for classes33 hours/Week
Expected Annual SalaryCAD 101400
Reviewed on 29 Oct 2025Read more
Thumbs Up IconThumbs Down Icon
A
AnonymousVerified Icon
BBA in Management and Accounting/Master of Accounting and Finance - Batch of 2027
3.7
Safe and inclusive campus.
Tips: I have experienced ups and downs being here and my course has managed to improve my analysis and strategic thinking. I am planning on applying for jobs after the completion of my undergrad but I am expecting a lot of competition as well. The city is safe and accepting to live in. Good alumni network.
Total Monthly ExpenseCAD 1600
Prepping time for classes30 hours/Week
Expected Annual SalaryCAD 98325
Reviewed on 26 Oct 2025Read more
Thumbs Up IconThumbs Down Icon
View All 43 ReviewsRight Arrow Icon

Master of Finance
 at 
U of T 
Highlights

  • Master of Finance is offered by Rotman School of Management under University of Toronto, Canada
  • The Rotman Master of Finance is established as one of the leading finance programs in the country, with faculty recognized as world-class thought leaders in the field, and an alumni network with deep roots in the Toronto financial sector
  • The program provides the most in-depth theoretical and applied finance training currently available
  • Students come from a variety of backgrounds such as financial risk, portfolio management, corporate finance, equity research, accounting, sales and trading, insurance, pensions, and legal settings
Read more

Master of Finance
 at 
U of T 
Scholarships

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Class Profile

Average class profile for this course
Work Experience6 years
GMAT Score Average679
Student Age31

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Akash Gaur

Study Abroad Expert

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

Master of Finance
 at 
U of T 
Contact Information

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

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