Accelerate into leadership from the heart of Canada's financial capital. A globally ranked, two-year MBA with a paid summer internship, deep consulting and banking recruiting, and a direct route to a 3-year work permit and permanent residency.
2 years
Full-time + internship
CA$135,300
Total tuition (intl.)
Aug 2026
Next intake
IELTS 7.0
English requirement
Overview
✓ Study at the University of Toronto — QS World #21 and Canada's top-ranked university
✓ Based in Toronto's financial district, with deep consulting, banking & tech recruiting
✓ Includes a paid summer internship; qualifies for a 3-year PGWP and PR pathway
The Rotman full-time MBA builds a rigorous management foundation — finance, strategy, marketing, operations and analytics — then lets you specialise through electives, a hands-on internship and experiential labs like the Self-Development Lab. You graduate ready to lead across sectors.
Toronto is Canada's financial and technology capital, and Rotman's career centre plugs directly into it. A two-year MBA also opens the 3-year PGWP and a clear route to permanent residency through Express Entry.
Worried about GMAT? Rotman offers waivers for some candidates, and your counsellor helps you build a test and application strategy that plays to your strengths.
What you'll study
Core & experiential
01 Financial & Managerial Accounting
02 Corporate Finance
03 Strategy & Marketing
04 Operations & Analytics
05 Self-Development Lab
06 Summer Internship + Electives
After you graduate
Career outcomes
CA$110k+
Typical post-MBA base salary + bonus
3-year PGWP
Open work permit — pathway to PR
Top employers
McKinsey, BCG, Deloitte, RBC, Amazon
Toronto hub
Canada's finance & tech capital on your doorstep
How to apply
Application timeline
June – September 2025
Prepare your application
Sit the GMAT/GRE, gather transcripts and references, and draft your MBA essays. Your counsellor reviews your positioning and target round free of charge.
September 2025 – January 2026
Submit in Round 1 or 2
Rotman admits in rounds — earlier rounds carry the best scholarship odds. Submit essays and references, then complete the video and panel interview.
February – April 2026
Receive your decision
Rotman releases offers and scholarship awards after interviews. Your counsellor helps you weigh awards and compare offers.
April – July 2026
Accept & study permit
Accept your offer, pay your deposit, receive your LOA, apply for your Canadian study permit, and provide biometrics.
August 2026
Orientation & start
Arrive in Toronto for orientation and begin your MBA — with a paid summer internship between first and second year.
Fees & funding
Tuition fees & costs
Tuition (international)
Total, 2-year program
CA$135,300
Indicative annual
Split across two years
~CA$67,650/yr
Enrolment deposit
Required to confirm your seat
Varies
Study permit fee
IRCC application
CA$150
Scholarships
Funding you may be eligible for
Rotman Merit Awards
Rotman School · Merit-based
CA$10,000–$35,000
Coverage: Tuition award applied to fees
Eligibility: Strong GMAT/GRE & profile
Duration: Program
Deadline: Automatic — apply in early rounds
Source: rotman.utoronto.ca financing, 2026
Forté Fellowship (women in business)
Forté Foundation · via Rotman
Partial–full
Coverage: Significant tuition support
Eligibility: Outstanding women admitted to Rotman
Duration: Program
Deadline: With admission
Source: fortefoundation.org, 2026
Government Scholarships (home country)
Saudi SACM, Kuwaiti MOHE, etc.
Full award
Coverage: Tuition + living expenses + flights
Eligibility: Varies by country — MBAs often eligible
Duration: Full program
Deadline: Varies — your counsellor checks eligibility
Loans & financing
Alternative funding options
Prodigy Finance
International MBA loans · No collateral
Collateral-free loans for international students at top-ranked business schools, assessed on your future earning potential rather than a cosigner.
Internship & part-time work
Study permit holders · Up to 24 hrs/week
The MBA's paid summer internship provides income and Canadian experience, and you may work up to 24 hrs/week off-campus during term.
Living costs
Monthly budget in Toronto
Toronto is Canada's largest and most expensive city, but also its economic engine — home to the country's banks, consultancies and tech firms. Sharing accommodation keeps costs manageable.
Rent (shared apartment)CA$1,100–$1,800
Food & groceriesCA$350–$550
Transport (TTC pass)CA$128
Health insurance (UHIP)CA$75
Books & materialsCA$50–$100
Personal & leisureCA$250–$450
Estimated totalCA$1,950–$3,100/month
IRCC financial proof: CA$20,635/year (or CA$1,720/month) in living expenses in addition to tuition — via bank statements or GIC.
Study permit
Canadian study permit requirements
Permit type
Canadian Study Permit
LOA required
Letter of Acceptance from U of T (DLI)
Application fee
CA$150
Biometrics fee
CA$85
Financial proof
Tuition + CA$20,635/year living (or GIC)
Post-graduation (PGWP)
3-year open work permit — management roles support Express Entry PR
Student stories
Hear from our students
"Rotman's Toronto location made the difference — my summer internship at a bank turned into a full-time offer, and recruiters were on campus constantly. My counsellor helped me time Round 1 and win a merit award."
TA
Tarek A.
Full-Time MBA, Rotman — Class of 2026 · 🇯🇴 Jordan
"I switched from engineering into consulting through this MBA. The Self-Development Lab was genuinely transformative, and the 3-year work permit means I could build my post-MBA career in Canada."
NB
Nour B.
Full-Time MBA, Rotman — Class of 2025 · 🇪🇬 Egypt
FAQ
Frequently asked questions
What do I need to apply to the Rotman MBA?
You need an undergraduate degree, a competitive GMAT (typically 660+) or GRE, around two or more years of full-time work experience, and English proficiency (IELTS 7.0 or TOEFL 100). Rotman also weighs your essays, references and interview heavily. Your counsellor reviews your full profile free of charge.
Does the Rotman MBA include an internship?
Yes. The two-year full-time MBA includes a summer internship between first and second year — a paid placement that builds Canadian experience and often converts into a full-time offer. Rotman's career centre and Toronto location give strong access to consulting, banking and tech recruiters.
What are typical post-MBA outcomes?
Rotman graduates move into management consulting, investment banking, corporate finance, tech and product roles, with average base salaries well above CA$110,000 plus signing bonuses. Toronto is Canada's financial and tech capital, so on-campus recruiting is deep.
Can I stay and work in Canada after the MBA?
Yes. A two-year MBA qualifies you for a 3-year Post-Graduation Work Permit (PGWP). With Canadian work experience you can apply for permanent residency through Express Entry — many international MBAs settle in Canada after graduating.
Is the tuition per year or total?
The CA$135,300 figure is the total two-year program tuition for international students, not per year. Your counsellor helps you build a full budget including living costs and identify Rotman merit awards and fellowships you may qualify for.
