Poets&Quants Top Business Schools

University of Toronto’s Rotman School of Management

Contact our general manager with any questions. Profile updated: June 5, 2019.

School Data

Annual Tuition: $52,960 CAD

Full-Time Enrollment: 334

Average GPA: 3.5

International: 51%

Average Age: 27

Annual Tuition Non-Resident: $59,450 CAD

Median GMAT: 670

GMAT Range (mid-80%): 580-730

Median GRE: 316

Female: 36%

GPA Range (mid-80%): 2.0-4.0

Male: 64%

Application Deadlines: Round 1: October 1, 2018 Round 2: January 7, 2019 Round 3: March 4, 2019 Round 4: April 29, 2019

The biggest MBA in Canada, with 350 students per cohort, takes place in the buzzing downtown of multicultural Toronto, one of the world’s fintech hubs and North America’s biggest banking center after New York. The Rotman School of Management at the University of Toronto has about a 50-50 split between Canadians and foreign students, many of whom are looking for a passport to a job in Canada. Students in the 16-month course overlap with both the previous and the next cohort, meaning that they get the chance to connect with over 1,000 MBA candidates. 

Rotman has a reputation for research, and the academic rigor spills over into the “labs” where students get cutting-edge instruction. For example, there are Finance, Management Data and Analytics, Self-Development, and Leadership Development labs. Rotman’s Creative Destruction Lab is one of the world’s fastest-growing venture projects. Since it launched in 2012, CDL ventures started by MBA students collaborating with entrepreneurs have created $1 billion in equity value. Pretty appealing to wannabe entrepreneurs. 

Rotman’s academic chops also mean it isn’t afraid of delving into tricky territory. For example, Behavioral Economics in Action at Rotman (BEAR) investigates biases, and its insights help students design better products, services, and programs. In 2018 BEAR and CDL teamed up for a product challenge, looking at products building on behavioral insights. 

Then there is the Institute for Gender and the Economy (GATE), which studies gender inequality in business and gives students a deep-dive into interpersonal and political opportunities and challenges around enhancing gender equality. GATE looks for business, career, and investment opportunities based on its findings. 

Rotman’s full-time MBA includes a four-month internship, and students can take 12 of 100-plus electives. They also can also go on an exchange to one of 24 partner universities in 17 countries and take study tours to China, India, Latin America, or the Middle East. Taken all together, Rotman grads say it all adds up to a truly transformational experience.

Sarah Badun, MBA 2019:

After my undergraduate degree in business, I worked in a bank, but I wanted to change career path. Rotman’s two-year course appealed to me because it gave me more time explore the direction I wanted to take. The MBA was academically very rigorous. The classes were great — the professors would teach us the most cutting-edge research which hadn’t even been published yet. I knew that I wanted to stay in Toronto after I graduated, and the school helped me to build connections with all the companies that I needed to find the right job. Rotman was great at helping me understand what I’m capable of, and what I can deliver in the workforce.

Brian Golden, vice dean of professional programs:

The school’s program has always been analytically rigorous, and a few years ago we decided to enhance it by adding in more innovation, experiential and interpersonal dimensions. The biggest change in student demand has been around self-development, helping people develop the core ideas they learn into actionable work by engaging effectively with colleagues. In the Self-Development Lab, students take modules on the impact of emotion, engaging with others, and advanced communication skills. Increasingly, students work closely with coaches to turn the mirror on themselves. This can be intense and emotional, but it has a long-lasting impact on students beyond their time here. 

Contact Information

Location:
105 St. George St.
#121
Toronto, Ontario, Canada ON M5S 3E6
Admissions Office:
+1 416-946-8463
School Social Media:

From the Rotman School of Management

The Rotman School of Management is the most globally recognized business school in Canada, consistently placing in the Top 20 for its faculty research and thought leadership (Financial Times). Rotman is part of the University of Toronto (established in 1827), widely recognized worldwide to be Canada’s top research university and a global center of research and academic excellence.

The Rotman Advantage

As the largest Full-Time MBA program in Canada, Rotman is the top business school in Canada for global firms wishing to hire MBA students, helping to launch the careers of more graduates than the next three top Canadian business schools combined. Leading companies like McKinsey, World Bank Group, Google, IBM, P&G, IDEO and Microsoft recruit at Rotman. While known for its strengths in finance and consulting, Rotman is making bold strides in placing its graduates into the newest frontiers of healthcare strategyinnovation, and entrepreneurship and venture capital.

Innovation and entrepreneurship hub: Toronto is ranked as one of the world’s best startup ecosystems. A recent study by McKinsey recognized the Toronto-Waterloo Innovation Corridor as the fastest growing tech sector in North America, with the largest concentration of artificial intelligence, machine learning, fintech, and quantum computing start-ups in the world. U of T invests over $1.1 billion per year in research, including a $100-million commitment to build a new complex dedicated to AI and biomedicine, $25 million in funding from the Government of Canada to support the Creative Destruction Lab founded at Rotman, and supports entrepreneurial development in partnership with the MaRS Discovery District.

Diversity and inclusion: The Full-Time MBA class at Rotman is not only the largest of any business school in Canada, it is also the most diverse. In our expected incoming Class of 2021, 56% of our students are international and 40% are women, representing 44 countries, who will join a network of over 15,000 alumni in more than 90 countries. Through a focus on diversity, and ongoing events like Culture Eats and Rotman on Inclusion Week, Rotman provides an environment that is safe, welcoming and respectful to all.

Scholarships and fellowships: Each year, Rotman awards more than $4 million in scholarships. Candidates may be selected for the Forte Foundation Fellowship (for outstanding female candidates), Onboard (for not-for-profit boards), CityLab (for supporting urban communities), Reaching Out MBA (for LGBTQ+ and allies), and the Creative Destruction Fellowship (for entrepreneurs and startups) to work directly with host organizations or ventures to tackle real challenges with real impact.

Location, location, location

Located right in the heart of downtown Toronto, the second-largest financial centre in North America after New York City, Rotman is steps away from the head offices of all five of Canada’s largest banks, top global consulting firms, and international organizations across all sectors, making it easy for students to connect face-to-face with top employers and local alumni for coffee chats.

Toronto: Consistently ranked as one of the best cities in the world to live and work, Toronto is often described as ‘the most multicultural city in the world’, ahead of New York and London. It is the fourth largest city in North America, and home to the third largest financial, technology, health sciences, and film and television sectors in North America, making it an exceptional place for our students to learn, study and launch their careers after graduation.

An intellectual hub: Rotman takes full advantage of its strategic location by drawing on a rich pool of business and political leaders as teachers, mentors, and speakers. Each year, Rotman hosts over 100 public talks by thought leaders. Their real-world perspectives, insights, and inspiring stories have an extraordinary impact on our students, who may attend speaker events for free.

Toronto, Canada ranks:

The University of Toronto ranks:

Your career

The Rotman Full-Time MBA is an intense 20-month program that combines 16 months of academic study with a four-month opportunity for a paid flexible internship during one of three work terms. Whether your aim is to make a career switch, advance in your current path, join a start-up, or start your own business, the Rotman MBA will prepare you to excel in your professional life.

Launch your career in Canada: All international graduates of the Full-Time MBA program are eligible for a 3-year Canadian work permit. And if you come to Canada with your family, your partner can also work while you study.

Build international experience: Go abroad for a full three-month term by studying on exchange at one of our 24 partner universities in 17 countries, or learn more about what it’s like to live and work in some of the world’s leading economic regions with a Global Practicum or Global Consulting Project.

Customize your experience: You can specialize or enhance your MBA by choosing up to 12 electives from over 100 elective courses across 15 areas of interest.

Develop your leadership potential: Receive personalized feedback on your behavioural performance, communication style, and personal presence through the Self-Development Lab, a series of intensive, individual and small group coaching sessions designed to help you understand your own motivations and those of others, express yourself effectively, and achieve your goals in complex, high-stakes environments.