MBA Program Stats

Annual Tuition: $46,270 CAD *Canadian citizens and permanent residents

Annual Tuition Non-Resident: $68,880 CAD

Full-Time Enrollment: 300

Average GPA: 3.5

Median GMAT: 674

Median GRE: 322

International: 60%

Female: 40%

Male: 60%

Average Age: 28

What You Need To Know

Part of the University of Toronto, one of the world’s top universities, the Rotman School of Management is located in the buzzing downtown of Toronto, North America’s largest financial center after New York City, and one of the world’s most multicultural business capitals.

Rotman is home to the largest and most diverse MBA program in Canada, with around half the class representing dozens of nationalities from around the world. With about 300 students in the Full-Time MBA, students also get the chance to interact with other MBA students from the incoming and outgoing Full-Time, Morning, and Evening MBA classes through shared student clubs, networking events, case competitions and more, for a total of about 850 MBA students on campus each year. The impressive scale of Rotman allows you to build a large and powerful professional network. By becoming a part of the global Rotman community, you’ll join over 20,000 alumni in over 90 countries. You’ll gain access to top executives, thought leaders, and successful entrepreneurs, who will share their insights and strategies for success. You’ll also enjoy mentorship support from our professors, who are among the best in management education and are deeply engaged with businesses, global consulting firms, boards, and key decision-makers around the world.

As the Rotman School’s flagship program, the Full-Time MBA is an intense 20-month program that combines 16 months of academic study with a four-month opportunity for a paid internship. Students can customize their experience by selecting up to two MBA emphases (similar to a major) from over 100 elective courses, such as Consulting, Global Management, Leadership and Change Management, and Social Impact and Sustainability.

Experiential learning and international study opportunities include global consulting projects, international exchanges, and student fellowships (often including a scholarship for successful applicants).

To benefit from the diverse backgrounds represented within the class and to enable a small classroom experience, students are placed in a project team based on their academic background, industry experience, and place of origin.

A key highlight of Rotman’s unique Full-Time MBA format is the opportunity to earn an MBA-level salary during a four-month paid internship with the choice of one of three work terms. Students can also choose to spend a term studying aboard on an international exchange with 31 partner schools around the world, or gain global perspective by working with real companies on shorter study trips of 1-2 weeks. Many Rotman graduates say traveling and learning with their fellow students was a truly transformative experience. Rotman is globally recognized among the top universities for its research and applied insights through its labs and education centers, allowing students to explore ideas and get involved beyond the classroom.

Academics And Programs

Rotman has the biggest MBA in Canada, with 275 for the full-time Class of 2024. The B-School’s flagship Full-Time MBA offers a core curriculum that brings problem-solving and creative methodology together to explore the dynamics of business. Students can customize their experience by selecting courses in 15 specialization areas, such as Consulting, Global Management, Leadership and Change Management, and Social Impact and Sustainability. Experiential learning components of the degree include consulting experiences, study trips, and internships.

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. To expose students and allow them to benefit from the diverse backgrounds represented within their class, students are placed in a project team based on their academic background, industry experience, and place of origin.

Rotman’s Full-Time MBA includes a four-month internship, and students can take 12 of 100-plus electives. They can also attend an exchange to one of 28 partner universities in 17 countries and take study tours to Africa, Asia, Australia, North and South America, Europe, and the Middle East. Rotman grads say traveling abroad with their peers is a truly transformational experience.

There are a wide array of labs, centers, and institutes available to incubate ideas and allow for further exploration such as the Creative Destruction Lab, the Leadership Development Lab, the Behavioral Economics in Action Center, the Business Design Initiative, and the Institute for Gender and the Economy.

Why Students Chose

“Along with my admission to Rotman, I got a fellowship with the Creative Destruction Lab (CDL), a fast-growing tech startup accelerator. While the main fellowship kicks off in my second year, I have already started part-timing with the CDL. As an aspiring entrepreneur, CDL (and the fellowship) is the biggest reason why I decided to join Rotman.” Rohit Challa (‘24)

“The key reason I’ve chosen Rotman was the flexibility that the program offered in terms of the variety of courses that you can take based on your personal and professional interests. For example, starting from the second semester, we are given the option of choosing elective courses which I believe helps a lot in focusing my effort on the areas that I’m most interested in.” Alp Cinar (‘24)

“The program differentiates itself from other leading business schools through its second year ‘Emphases’ which allows students to focus their studies toward a particular area of interest. I was specifically attracted to the ability to tailor my electives toward an emphasis in Social Impact and Sustainability in my second year. I have spent the past six years in various roles in mining capital markets, but I knew I needed to further my knowledge of sustainable investment practices to understand the challenges and opportunities facing global mining companies as they adapt to the ever-changing regulatory and reporting landscape. Poor ESG practices can cause long-term damage to mining companies at every stage of their operational cycle; future industry leaders must understand how to create sustainable value for all stakeholders throughout the mining value chain.” Alexandra Foty (‘24)

“I was drawn to Rotman for many reasons. One of them is the Business Design approach embedded in the school’s curriculum. There are many streams to gain technical knowledge in different areas, but not effectively learn how to drive innovation and discover new opportunities for growth and competitive advantage. The Business Design approach taught at Rotman combines values important to me, such as empathy and creativity.” Fernanda Miki Genda de Almeida (‘24)

“It is quite apparent that prospective students choose Rotman because of its reputation and rigorous academic program. However, one aspect that makes Rotman’s MBA distinct from other programs, in my opinion, is its supplemental programs and services that help Rotman students stand out and gain competitive advantages. Self-Development Lab is an excellent resource for you to become a better version of yourself in terms of soft skills and self-awareness. Career service is where you learn how to position yourself better in the job market and is also a place to help you navigate your job search with personalized and expert suggestions from your career coach.” Tuan Nguyen (‘24)

Career Stats

Compensation Statistics of Rotman MBAs

Compensation Statistics (CAD)	2022	2021	2020	2019
Median Base Salary	$ 92,000	$ 87,000	$ 89,000	$ 85,000
Median Sign On Bonus	$ 12,500	$ 15,345	$ 15,000	$ 15,000

Industry Choices of Rotman MBAs

Industry	2022	2021	2020	2019
Finance	32%	35%	38%	39%
Consulting	24%	17%	20%	19%
Consumer Packaged Goods & Retail	6%	9%	8%	8%
Legal Services	10%	6%		7%
Other	10%	8%	6%	7%
Technology & Telecommunications	11%	10%	7%	7%
Healthcare	5%	6%	7%	5%
Entrepreneurship		2%	4%	3%
Real Estate	2%	3%	5%	3%
Energy & Natural Resources		3%	2%	2%
Manufacturing		2%		1%
Government		0%	2%	0%
Not For Profit			2%	0%

Admissions For Rotman

From Rotman School of Management

The Rotman School of Management is part of the University of Toronto, a global centre of research and academic excellence. Established in 1827, U of T is widely recognized worldwide as Canada’s top university — a reputation that adds tremendous value to your Rotman MBA.

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 strategy, innovation, 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, but it is also the most diverse. In our expected incoming Class of 2026, 60% of our students are international and 40% are women, representing 39 countries, who will join a network of over 20,000 alumni in more than 90 countries. Through Rotman’s Equity, Diversity and Inclusion Office (EDIO), a dedicated ED&I Director, our Community of Practice council, and ongoing events like Culture Eats and Rotman On Inclusion Week, we ensure an environment that is safe, welcoming, and respectful to all.

Scholarships and fellowships: Each year, Rotman awards more than $6 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 Lab 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:

Toronto ranks #1 Innovative City in Canada in the Innovative Cities Index, 2023
Toronto ranks the #2 Financial Centre in North America, according to the Conference Board of Canada
Toronto ranks #10th Best Place to Live in the world in The Economist Global Livability Index – 2024
Canada ranks #2 Best Country Overall in the US News Best Countries Ranking – 2024

The University of Toronto ranks:

#1 in Canada in the Times Higher Education rankings (#21 in the world) – 2024
#1 in Canada in the US. News & World Report rankings (#17 in the world) – 2024
#1 in Canada in the Academic Ranking of World Universities (#26 in the world) – 2024

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 31 partner universities around the world, 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 from over 100 elective courses in up to two MBA emphases (similar to a major).

Develop your leadership potential: Receive personalized feedback on your behavioral performance, communication style, and personal presence through the Self-Development Lab (SDL), 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.

Essay Questions For Rotman

Essay: Our admitted students stand out by doing interesting things with their personal and professional lives — something we describe as the ‘spike factor’; what are the things that you have done in your life that demonstrate Passion/ Grit/ Resilience/ Innovation/ Drive/ Ambition and more? This can cross all or any aspects of life outside of work – hobbies, volunteerism, awards, entrepreneurial ventures, sports, and the arts. We believe that exposure to a rich diversity of viewpoints makes for a superior learning experience, and pride ourselves on building a diverse class of exceptional individuals who will go on to make the School proud as professionals and alumni.
Explain your spike factor (something unique about yourself) that you believe will contribute to the Rotman community and is aligned with Rotman values. (up to 500 words)* Optional – Please upload 1-3 of your ‘spikiest’ pictures to the supplemental items section of your application here. Note: Your photos must be uploaded as a single PDF.