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Rotman School of Management – University of Toronto

The University of Toronto’s full-time MBA program through the Rotman School of Management is located in downtown Toronto, Ontario. For 10 years running, Rotman has been ranked as the #1 business school in Canada by Financial Times. The full-time MBA program breaks down to 16 months of rigorous academic study with a four-month internship opportunity. Students may specialize in one of the school’s 12 majors to delve into a particular discipline.

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Faculty
Rotman’s full-time MBA faculty consists of 125 members who are renowned for their research and teaching. Overall, The Rotman school’s faculty is ranked third worldwide by Financial Times for faculty research. Their areas of expertise include accounting, business economics, finance, marketing, operations management, organizational behavior & HR management, as well as strategic management.

Curriculum
The Rotman full-time MBA is a two-year program designed to be completed with 16 months of classwork and a four-month paid internship. Prior to joining the 20-month program, students take the MBA Pre-Program, which consists of several preparatory academic courses, as well as workshops on communication skills and leadership. These take place over the course of three weeks in August. Subsequently, students attend Orientation, a two-day event during which students learn about the resources available at Rotman, followed by Orientation Camp, a weekend retreat hosted by second-year students. International students attend International Students Orientation Week prior to the pre-program in order to gain a better understanding of Canadian business culture.

In the first year, students complete a core curriculum that includes a Foundations Term, Term One, Term Two, and Capstone Term. The four-week Foundations Term includes the courses “Model-Based Decision Making,” “Integrating Models and Data,” “Managerial Economics,” and “Ethics.” These lay the groundwork for further studies. Next, Term One, which lasts nine weeks, consists of coursework in statistics, strategy, finance, and accounting, whereas Term Two includes courses in leadership, customer management, operations management, and the economic environment of business. Lastly, the six-week Capstone Term includes coursework in finance, managerial accounting, and managerial negotiations. It also includes the Business Problem Solving Capstone, a course in which students learn to use modeling to solve current business problems.

By the second year of study, Rotman students may choose an MBA major in subjects such as brand management or sustainability. To supplement their studies, students can choose from over 90 elective courses in subjects ranging from integrative thinking to accounting. In addition, students must complete the “Applied Management: Placement” course, which focuses on obtaining placement with an employer in the real world.

In addition, full-time MBA students participate in the flexible internship program, which allows students to take an internship after their first year. Internship periods range from May to August, September to December, and January to April, allowing students the flexibility to pursue an internship at a convenient time.

International study options are also available. For instance, students may take a semester abroad at 23 partner schools in 16 countries, including China, Germany, and the United Kingdom. Additionally, international study tours give students a chance to explore areas of the world such as China, Latin America, and India while gaining a firsthand experience of business practices around the world. In addition, in the Doing Business Internationally (DBI) Intensive Program, which acts as a combination of the exchange programs and the study tours, students spend a week or two in areas such as China or Taiwan to gain specific knowledge about conducting business in these countries. Lastly, Global Consulting Projects give students the option of working with organizations in places from Myanmar to Tanzania, working with the Boston Consulting Group and CUSO International.

Entrepreneurs also have a place of their own at the Rotman School. The Creative Destruction Lab is a venture lab that gives entrepreneurs the tools they need to take their ideas into production. The yearlong lab gives MBA students the chance to participate in experiential learning and rapid creation.

Other MBA Degree Options
In addition to the full-time MBA, Rotman offers a Morning and an Evening MBA, which are for working students and each takes 32 months to complete. Rotman also offers a One-year Executive MBA and a Global Executive MBA for working managers. Four joint MBA programs are also available: Skoll BASc/MBA, combined PharmD-MBA program, the JD/MBA, and Master of Global Affairs/MBA.

Majors at Rotman

  • Brand Management
  • Business Design
  • Consulting
  • Financial Reporting & Analysis
  • Funds Management
  • General MBA
  • Global Management
  • Health Sector Management
  • Innovation & Entrepreneurship
  • Investment Banking
  • Leadership & Change Management
  • Process & Supply Chain Management

Degree Offerings at Rotman
Full-Time MBA
http://rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/FullTimeMBA#MBA%20Program

Morning / Evening MBA
http://rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/PTMBA#Overview

One-Year Executive MBA
http://rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/ExecutiveMBA#Overview

Master of Global Affairs MBA
http://munkschool.utoronto.ca/mga/joint-degrees/master-of-global-affairs-mba

 

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Clubs, Conferences, & Competitions
Rotman has a wide variety of industry, cultural, and social clubs for MBA students. For instance, the industry clubs include the Entertainment and Media Association, Finance Association, and Risk Management Association. Additionally, the European Business Club and Asian Business Association are just two of the many cultural clubs available. Students can also join clubs focused on everything from photography to negotiation for their social interests.

The school also hosts annual conferences in a variety of industries. For instance, the Rotman Accounting Research Conference invites speakers and faculty alike to present pertinent information about the accounting field. In addition, Rotman also offers a distinguished Events and Speaker Series, providing over 100 public talks from business leaders and prominent thinkers.

Lastly, case competitions encourage MBA students to put their new skills to the test. The school hosts its own competitions, such as the Rotman International Trading Competition and the Rotman Design Challenge. In addition, students may participate in external competitions to test their skills against students from other schools.

Campus Spaces
Located in the University of Toronto’s downtown campus, Rotman’s community is housed in three buildings. Rotman Central, at 105 George Street, houses the school’s faculty, graduate degree programs, and research centers. In addition, Rotman Commerce at 321 Bloor Street West contains the school’s career services, student life offices, and classrooms. Lastly, Rotman South at 149 College Street is home to the school’s executive programs and research centers.

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Career Services
Rotman offers a tremendous variety of options for career management, including its career center, mentorships, and an extensive alumni network. First, the Rotman Career Center provides students with career coaches, industry advisors, and industry clubs to facilitate the networking and development opportunities needed to land a job. Furthermore, students are paired with a career coach, who works with them for the duration of their Rotman experience. Next, the school offers potential mentorship opportunities via the Rotman Café Connections events. The school’s network of more than 14,000 alumni in over 70 countries is available for career support as well.

Career Statistics
For the year, students from the class of 2015 earned a mean base salary of $88,385, with a mean signing bonus of $15,072. In addition, 76% of full-time MBA students were employed within three months of graduation, and 85% were employed within six months of graduation. Financial services was the most popular field of employment at 41%, followed by consulting at 21%. Consumer goods & retail followed with 11% and technology claimed 9% of graduates. Additional industries of employment include legal services, energy, healthcare, and real estate.

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The Class Profile
The full-time MBA class of 2017 includes 351 students. Their average age is 27, and they have an average 4.1 years of work experience. The class is comprised of 32% women, as well as 53% international students. In addition, they are an academically competitive group with an average GMAT score of 663 and an average undergraduate GPA of 3.4. Most students hail from a background in business, economics, or engineering.

Application Procedures
Application to the full-time MBA program are accepted on a rolling basis, and students are encouraged to apply a year or more ahead of their program’s start date since the program may hit its capacity before the final application deadline. There are five rounds for application deadlines: October 17, January 9, February 27, April 17, and May 29, and the admissions decision generally follows within a month or two. Applicants are required to have an undergraduate degree, and submit a GMAT or GRE score, and account for their work experience. Two references, one written essay, and one video interview are also required. In addition, students who do not speak English as a first language must submit TOEFL, iBT, or IELTS scores, or an acceptable grade from the University of Toronto English Language Program. All admitted candidates will be invited for an interview.

Application Checklist

  • Online Application
  • Official GMAT or GRE test scores
  • Undergraduate degree
  • Work History
  • Written Essay
  • Video Interview
  • Two letters of recommendation
  • Official TOEFL or IELTS scores (international applicants)
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For Canadian Citizens and Permanent Residents, the total tuition fee for the full-time MBA class of 2018 is $98,424. Costs further break down to $48,485 for the first year and $49,939 for the second year. In addition, international students will have a total tuition fee of $107,800, with a first year tuition of $53,366 and second year tuition of $54,434. In addition, there are university fees which total around $1,300 for domestic students and approximately $1,800 for international students.

Financial assistance may be available for students in the form of scholarships and awards, government financial assistance, and employment opportunities, as well as specific opportunities for international students. For instance, entrance awards ranging from $10,000 to full tuition are given automatically to deserving students, and regional awards of $40,000 are granted to some international candidates. Forte Foundation scholarships are also available. In addition, students who have successfully completed their first year of MBA study may be eligible for in-program awards based on financial need or academic merit. Furthermore, the Rotman Scholar Awards are given to second-year MBA students who agree to tutor incoming classmates, whereas the Ontario Graduate Scholarships may apply to students who have achieved a first-class standing.

In addition to these awards, Canadian students may qualify for provincial government loans or the Ontario Student Assistance Program. Furthermore, teaching and research assistantships are available for some students. Lastly, international students may be eligible for loans through the Bank of Montreal or the Royal Bank of Canada, as well as a non-cosigned loan from Prodigy finance.

Estimated Cost of Attendance (2016-2017)

  • Tuition: $48,485 (Canadian); $53,366 (International)
  • Fees: $1,300 (Canadian); $1,800 (International)
  • Meals: $4,000
  • Room & Board: $8,000
  • Books & Supplies: $2,000
  • Laptop: $1,600
  • Utilities: $1,200
  • Personal Expenses: $2,000
  • Transportation: $1,300
  • Health Insurance: $756 (International)
  • TOTAL: $69,885 (Canadian); $76,022 (International)
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Status

11/8/2016

The next deadline for the Rotman MBA program is October 17, 2016.

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Stats

Mean GMAT663
Mean GPA3.4
% Women32%
% International53%

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Application results in real time, submitted by site visitors.
February 23, 2017 1:09pm
Accepted via email.
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