Study in Canada: Know all about the Toronto Rotman MBA Application Process
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Study in Canada: Know all about the Toronto Rotman MBA Application Process

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Updated on Aug 24, 2023 12:34 IST

Rotman MBA Deadlines: Rotman is the University of Toronto’s B-School, established in 1950. The school offers undergraduate, graduate and doctoral programs in business administration, finance, and commerce, including full-time, part-time and executive MBA programs along with a Master of Finance program and a doctoral program, the Rotman Ph.D. QS World University Ranking by Subject 2023 (Business & Management Studies) has placed the University of Toronto at the 28th spot. In addition, Rotman School of Management is ranked at 67th position for Global MBA on the FT Rankings MBA 2023. In this article, we will cover all the details of the Rotman MBA admission including the Rotman MBA deadlines.

By choosing to study in Canada at Rotman School of Management, you will become part of the largest and most diverse MBA program that has a strong alumni base of more than 15,000 graduates and delivers high-quality management education. Rotman students have access to job opportunities from top-tier firms. Soon Rotman’s MBA alumni network will be the largest among Canadian business schools. Not only Rotman School of Management but also the entire University of Toronto is ranked exceptionally well on the global rankings and is the top university in Canada and Toronto.

Successful admission often depends upon both your application and the comparative applications of the other candidates who are applying for the same program.

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Rotman MBA Overview

The table given below provides an overview of the Rotman MBA. Information has been sourced from the official website of the B-School.

Particulars

Details

Course Duration

20 months

Campus

Toronto, Ontario

Total Students

275

Average GMAT Score

674

Application fee

CAD 195

Total Cost

CAD 136,410

Academic Background of Students

31% Business/Commerce and 25% Engineering

Placement

  • 97% placement rate within 6 months of graduation
  • Average Total Salary: CAD 123,438

Rotman MBA Deadlines

The table given below provides the Rotman MBA application deadlines for the full-time MBA (Class of 2026). Rotman MBA applications are held in 5 rounds, details of which have been provided below:

Round

Rotman MBA Deadlines

Last Date of Decision

Early Round

September 5, 2023

October 13, 2023

Round 1

October 2, 2023

December 15, 2023

Round 2

January 12, 2024

March 15, 2024

Round 3

March 4, 2024

May 6, 2024

Round 4

April 29, 2024

May 31, 2024

Important: It is critical for international applicants to apply by the 2nd Round to have sufficient time for the processing of Canada student visa.

Rotman MBA Requirements

  • The Full-Time MBA program is designed for intellectually curious individuals with a demonstrated potential for high achievement.
  • Exposure to varying viewpoints makes for a superior learning experience to strive towards building a class that embodies diverse perspectives. 
  • Rotman takes a holistic approach to admissions, choosing candidates based on their overall fit with the college.
  • At least two years, of full-time work experience ensures that the student will have experiences to contribute to team and class discussions, along with the context and maturity to apply this learning in a professional setting.

Rotman MBA Application Checklist

  • Undergraduate Degree with a minimum GPA of 3.0 in the final year from a recognized university. 
  • GMAT or GRE Score. The GMAT test code is BTDKS98; whereas, the GRE test code is 0853
  • Work Experience of at least two years
  • Two references, preferably from workplace supervisors
  • Admission Essay (up to 500 words)
  • 2 Video essays (10 minutes)
  • Students in India and Pakistan do not require further proof of English language proficiency if they have graduated from an English-language university. However, as an information, here are the English test scores that are required for the Rotman MBA:
    • IELTS: Overall 7.0 (with at least 6.5 in each section)
    • TOEFL iBT: Overall 100 (with at least 22 in speaking and writing)
  • Interview

Rotman MBA Application Process

  1. To submit your Application online, begin at any time during the admissions process. 
  2. The next step is the interview. Admissions Interviews are by invitation only, following a thorough review of the submitted application.
  3. The last step is the Admission Decision. These are made in a series of three rounds. There is no particular order in which interview invitations or final decisions are released. Decisions are announced via email.

Rotman MBA Fees

The table given below provides the University of Toronto MBA fee for international students. In addition to the fee details, we have provided the cost of living as well. Data has been sourced from the official website of the Rotman School of Management.

Head

Rotman MBA Fees

1st Year

CAD 67,530 (Rs. 41,20,033)

2nd Year

CAD 68,880 (Rs. 42,02,397)

Total

CAD 136,410 (Rs. 83,22,430)

Students must note that they have to bear the cost of living in Canada, in addition to paying the cost of studies. Now that we have covered the Rotman MBA tuition fees in detail, it is critical for students to know the cost of living as well. This will provide a fair idea of the costs that are required to stay while pursuing an MBA at the University of Toronto.

Living Expenses

Estimates (for 12 months)

Textbooks

CAD 2,000

Laptop

CAD 1,600 – CAD 2,000

Accommodation

CAD 8,000 – CAD 14,000

Food

CAD 4,000 – CAD 5,500

Personal Expenses

CAD 2,000

Public Transportation

CAD 1,300

Health Insurance for International students

CAD 756

Total

CAD 19,656 – CAD 27,556

(Rs. 11,99,220 – Rs. 16,81,202)

Now that students are aware of Rotman MBA deadlines and application procedure, it is advised that they take their application very seriously as an MBA from Rotman can be a life-changing experience. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.

Rotman MBA Deadlines FAQs

Q. Is Rotman MBA worth it?

A. To answer the question, “Is Rotman MBA worth it?”, it is important to consider various factors:

  • Reputation & Ranking: Rotman MBA is ranked at top positions on various rankings indices such as the QS Subject Rankings 2023 for Business & Management Studies and the FT Rankings. Moreover, Rotman MBA is known for its strong reputation and recognition amongst employers.
  • Professional Networking: Rotman School of Management provides excellent networking opportunities to its students and connected them with recruiters and alumni.
  • Placements: The average total salary for the Class of 2021 stood at CAD 123,438. Moreover, 97% students found employment 6 months after graduation. Some of the top recruiters included Bloomberg LP, Adidas Group, Amazon, AT&T, Bank of America, Bank of Canada, etc.
  • Career Services: Various career services such as career coaching, job search assistance, student-industry connect events, etc. help students find their desired employment and improve job prospects.

Based on the above factors, it can be said that Rotman MBA is worth it. However, students must consider their individual goals, targeted job roles, personal circumstances, etc. before making a final decision.

Q. What are the Rotman MBA application deadlines?

A. The following points will provide Rotman MBA deadlines for the MBA course starting in September 2024:

  • Early Round: September 5, 2023 is the application deadline.
  • Round 1: October 2, 2023 is the application deadline.
  • Round 2: January 12, 2024 is the application deadline.
  • Round 3: March 4, 2024 is the application deadline.
  • Round 4: April 29, 2024 is the application deadline.

It is advised that international applicants apply for the Rotman MBA by the Round 2 deadline to have sufficient time to apply for the Canada student visa. Moreover, students must also be aware of the different study abroad intakes, application documents, and visa processing requirements well in time to avoid any last-minute hassles.

Q. What is the Rotman MBA fees for international students?

A. The total MBA fees for Rotman MBA for international students is CAD 136,410, which is broken into two years. Tuition fee for the 1st year is CAD 67,530; whereas, the tuition fee for the 2nd year is CAD 68,880. It is important for students to note that they are also required to pay the living expenses while pursuing an MBA at the University of Toronto. The overall cost of living for 12 months while pursuing the Rotman MBA is between CAD 19,656 to CAD 27,556. In order to reduce the cost of studying MBA at the University of Toronto, students may apply for scholarships or may choose to work part-time.

Q. What are some scholarships available for the Rotman MBA applicants?

A. Scholarships are an excellent way to reduce the cost of pursuing an MBA from the University of Toronto. Here are some scholarships that are available for the Rotman MBA applicants:

  • Joseph L. Rotman Scholarship: It covers the full tuition fee of an MBA. It is awarded to 2 exceptional students.
  • The Rotman Family Healthcare Scholarship: It is provided on the basis of academic merit to full-time morning and evening MBA students.
  • Entrance Awards: Entrance scholarships, fellowships, and awards that range from $10,000 to $90,000 are provided. No separate application is required for these awards.
  • Ontario Graduate Scholarships: The value of the scholarships is from $10,000 to $15,000 per year. They are awarded to students at master’s and doctoral levels, enrolled in a full-time course, and have a first-class standing.

These are just some of the scholarships that are offered at the Rotman School of Management. Students must check the eligibility criteria for each scholarships and must take their applications very seriously.

Q. What are the key points of Rotman MBA placements?

A. The following points provide an overview of the Rotman MBA placements. All the information has been sourced from the full-time MBA employment and salary report 2021-22:

  • The average total salary stood at CAD 123,438.
  • The average base salary stood at CAD 104,622.
  • The median base salary stood at CAD 92,000.
  • 96% of students found employment in 3 months after graduating and 97% students found employment in 6 months after graduating.
  • Top Industries included financial services, consulting, technology, legal services, CPG & retail, healthcare, etc.
  • Top functions included accounting/finance, strategy, marketing, legal, operations, etc.
  • The average monthly salary for internship stood at CAD 5,754.
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Comments

(1)

7 years ago

Living expenses are given for full course or are of one yea only?

Reply to

A

Aprant Agarwal

9 months ago

Living expenses are for the first 12 months.