

Master of Finance
- Public University
Rotman School of Management
Master of Finance at U of T Overview
Master of Finance offered at University of Toronto is a PG level course, which is considered the top-ranked course across the university and the country. Students who are willing to apply, can pursue the course within the duration of 20 months.
International students applying at University of Toronto for the Master of Finance, need to submit the necessary documents as per the department and the course including the qualification proof along with test scores of exams including IELTS, TOEFL, GMAT and GRE. Additionally, it is recommended that the students apply for the course before the deadlines as the seats available at the university for the course are limited.
The University of Toronto tuition fees for Master of Finance for the first-year international student is CAD 48,410. In addition to the tuition fees students need to look into other various factors that are necessary to manage their stay during the study at the university, which include the other necessary costs, covering accommodation costs, hostel fees, food, books, supplies, utilities, etc. The average cost of living at University of Toronto is CAD 16,821.
Duration | 20 months Get Curriculum |
Tuition & Fees | ₹31.07 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Curriculum
- Entry Requirements
- Rankings
- Highlights
- Scholarships
- Class Profile
Master of Finance at U of T Fees
The University of Toronto Master of Finance fees includes first year tuition fee and cost of living for international students. The first-year tuition fee is around CAD 48,410. In addition to tuition costs, international students must manage their living expenses such as housing, food, and other utilities, which contribute to the total cost of living, estimated at CAD 16,821. The University of Toronto cost varies depending on the additional cost.
Refer to the table below for a detailed fee breakup of the University of Toronto Master of Finance.
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 31,07,438 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 10,79,740 |
| Insurance | INR 48,528 |
Master of Finance at U of T Curriculum
Check more information about the University of Toronto Master of Finance course by clicking the green button below. The Curriculum PDF covers various details and facts about the university including the specialization, courses, duration of the course, language requirement, electives and many more along with a semester-wise breakup of the course.
Download exam sample paper
Master of Finance at U of T Entry Requirements
- No specific cutoff mentioned
- CGPA - 3/4
- Read less
- Applicant must hold a four-year undergraduate degree or equivalent
- Minimum mid-B average (equivalent to a 3.0 from the University of Toronto) is required across courses in the final year.
- Candidates who meet or exceed all other requirements but do not meet the GPA requirement may be eligible for non-standard admission on a case-by-case basis
- India specific requirements:-
- Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 from Indian Institutes of Technology
- A Minus GPA: 1st Class/Div or 9/10; 8.5/10 from Indian Institutes of Technology
- B Plus GPA: 1st Class/Div or 8.5/10; 8/10 from Indian Institutes of Technology
- Bachelors Equiv: Bachelor`s Degree, requiring a minimum of 4 years of study (e.g. BPharm, MBBS, BDS, BTech, BEng, BArch, etc.) or completion of BOTH a Bachelor`s (three-year) degree and a Master`s
- Applicant must hold a four-year undergraduate degree or equivalent

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Out of 10
- N/A
- A three-year bachelor's degree is only accepted if it is followed by a master's degree

Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- Marks - 100/120
- Read less
- 100 is required, with a minimum of 22 in both writing and speaking
-
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- No specific cutoff mentioned
- NA
- No specific cutoff mentioned
- Marks - 7/9
- Score of 7.0 with at least 6.5 across all bands
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- No specific cutoff mentioned
- NA
- No specific cutoff mentioned
- Minimum: 24 months
- Minimum of two years of work experience in finance or a finance-related field strongly recommended.
- University will short-list candidates for an interview. The interview is by invitation only.
- Yes
- Read lessMost of the university's admission decisions are based on interim marks, and so the majority of its offers are typically conditional on achieving acceptable final standing. Students are expected to maintain consistent academic standing for the duration of their high school (and post-secondary, if applicable) studies
Master of Finance at U of T Frequently Asked Questions
According to an unofficial source, Uni of Toronto acceptance rate stands at 54% which means that university accepts 54 out of 100 students. It is a moderate acceptance rate, making it a slightly selective university.
However, acceptance rates for 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.
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:
Edurank 2025 | University of Toronto | University of Waterloo |
|---|---|---|
World Ranking | #13 | #3 |
Country Rankings | #1 | #3 |
State Rankings | #1 | #1 |
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.
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
Check Toronto University IELTS requirement along with the test scores of other English language requirements from the table given below:
Tests | Undergraduate Test Scores | Graduate Test Scores |
|---|---|---|
Overall band of 6.5 with no band lower than 6.0 | 7.0 with at least 6.5 in each component | |
100 with 22 on the Writing section | 93 with 22 in Writing / Speaking | |
120 | NA |
Master of Finance at U of T Rankings
| Rank | Rank Publisher |
|---|---|
| #17 | |
| #24 |
Master of Finance at U of T Students also asked
As an international student, an application can be made via the official portal of the university 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
Students will receive an acknowledgment from the university, with login instructions about two weeks after submitting Toronto University application for undergraduate courses. In the case of graduate programs, the decision on the application will vary by graduate unit, and is affected by the number of applications received. Some early offers of admission are sent out in January or February, but, the majority of offers normally come in March. Generally, the University of Toronto advises applicants to expect a response by April, although decisions continue to be made after this too.
According to various unofficial sources, the U of T acceptance rate is around 43%. Keeping Toronto University acceptance rate in mind, it is relatively hard to get into the University of Toronto. Academic history of the applicants is considered while granting admissions at the University of Toronto. Furthermore, some programs may require supplementary applications, auditions or profiles. So, it is advised to the applicants to apply with proper documents as early as possible. Read: Reasons to Study at University of Toronto
The University of Toronto is very popular among International students for a variety of reasons. Its acceptance rate stands at 54% making it a moderately 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)
Letters of recommendation (for PG programs)
Statement of Purpose or essays (for some programs)
Portfolio/Audition (for Architecture, Fine Arts, Music)
Valid passport
According to QS Rankings 2024, Univ of Toronto has a ranking of #21 and Univ of Waterloo has a ranking of #112. Check the table mentioned below.
| Year | University of Toronto | University of Waterloo |
|---|---|---|
| 2020 | 29 | 173 |
| 2021 | 25 | 166 |
| 2022 | 26 | 149 |
| 2023 | 34 | 154 |
| 2024 | 21 | 112 |
University of TorontoStudents Ratings & Reviews
- 28% students never faced discrimination in this university
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
Master of Finance at U of T Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 6 years |
| GMAT Score Average | 679 |
| Student Age | 31 |
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