Rotman School of Management is the graduate business school of University of Toronto. It is ranked at #66 in the latest LinkedIn Global Top MBA ranking 2024. International students are captivated by the spectrum of MBA courses and several courses in Rotman School of Management for working professionals. For admission to Rotman School of Management, you should aim to score above the average score.
Rotman School of Management has a stringent admission policy with an acceptance rate of 70%. MBA class of reported students had an average of 5 years of work experience and a GMAT score of 672. The average GPA of the admitted students is reportedly 3.5 (88%) or B+ grade.
Do you need a scholarship for higher studies in Canada? Check out some fully-funded scholarships, here:
Rotman School of Management is ranked among the top #51 in EMBA by Financial Times. The Global MBA program of the university ranks at #67 by FT Rankings. LinkedIn has also ranked this school at the #66 position in the latest Top MBA ranking, 2024.
Some popular rankings of Rotman School of Management are as follows:
| Ranking Type | 2024 Rank | 2023 Rank | 2022 Rank | 2021 Rank |
|---|---|---|---|---|
| QS Masters in Business Analytics | #12 | #13 | #=13 | #17 |
| QS Masters in Finance | #15 | #18 | #18 | #20 |
Rotman School of Management is highly recognized for its MBA and EMBA courses in Canada and across the globe. Along with MBA, the school also offers courses in streams like Behavioral Economics, Business Design, Health care, among others.
Some popular programs in Rotman School of Management are master’s in finance, master of financial risk management, master of management analytics, and, PhD. There are a variety of Rotman MBA programs available as per the needs of the applicant. Some of these are mentioned here.
Rotman School gives high priority to women to run initiatives in business. Women career-launching online and in-campus projects like Back to Work and Back to Campus are done by the school. Research areas depict the potential of resource persons and vast library facilities.
Rotman School of Management operates across 3 campuses. The main building is popularly known as Rotman Central and serves as a research hub and various graduate programs. Rotman Commerce is a door of opportunities in the school. It provides program services, career services, Alumni networking, and student life associations.
Rotman School of Management campus includes a commerce student lounge, five breakout rooms, four classrooms, and discussion forums.
Rotman School offers admission in 4 rounds. Application decisions are released on a rolling basis and the school suggests applicants to start one year ahead of the term they wish to enrol in. Prospective students for Rotman School of Management admissions may go through the information below:
| Category | Admission Requirements |
|---|---|
| Application Portal | Apply Now |
| Application Fee | 195 CAD (12,093 INR) |
| Academic Requirements | Bachelor’s degree certificate or equivalent with an official transcript from University/College |
| GPA | 3.0/4 (83-86%) or B grade |
| Standardized Test Scores | GMAT: 672 (Average) or equivalent GRE |
| TOEFL iBT: 100 | IELTS: 7.0 | |
| SOP/LOR | Essay and video interview | Professional references | Sample of professional LOR |
| Work Experience | 2 years of work experience |
Note: Students from India and Pakistan with English as a medium of graduation are exempted from language proficiency proof.
The cost of pursuing education at Rotman is high as compared to some of the other top business schools in Canada. It is, hence, important that international applicants plan their budgeting accordingly. Discussed below are the costs experienced by international when studying at the school.
| Course | Total Tuition Fees in CAD | Tuition Fees in INR |
|---|---|---|
| Full-time MBA | 136,410 | 84.01 lakhs |
| JD/MBA | 46,270 | 28.49 lakhs |
| Expenses Type | Total Tuition Fees in CAD | Equivalent Cost in INR |
|---|---|---|
| Accommodation | 8,000 to 14,000 | 4.92 to 8.62 lakhs |
| Laptop | 1,600 to 2,000 | 98,540 to 1.23 lakhs |
| Textbooks | 2,000 | 1.23 lakhs |
| Food | 4,000 to 5,500 | 2.46 to 3.38 lakhs |
| Personal expenses | 2,000 | 1.23 lakhs |
| Public transportation | 1,300 | 80,070 |
| Health Insurance | 756 | 46,560 |
| Total Expense | 19,656 to 27,556 | ~12.10 to 16.97 lakhs |
The school provides scholarships, grants, and awards for financial assistance for international students. For various courses, it is known for providing overall funding ranging from 300,000 CAD/year to 500,000 CAD/year. Some of the popular Rotman School of Management scholarships/fellowships for international students to check out are tabulated below.
| Scholarships | Eligibility | Grants (INR) |
|---|---|---|
| Forté Fellowship Program | For women to enrol in full-time MBA | Variable |
| Rotman ROMBA (Reaching Out MBA) Fellowship | For LGBT MBA students | Up to 12.46 lakhs |
| Rotman Pride Fellowship | For students with LGBTQ initiatives | A yearly stipend of 0.31 lakhs |
| Creative Destruction Lab (CDL) Fellowship Program | For students with entrepreneurial and start-up ideas | Up to 16.83 lakhs |
| J.N. Tata Endowment Scholarship | For Indian students | Up to 10 lakhs |
| Aga Khan Foundation | Need-based | 50% grant and 50% loan |
| Entrance Awards | Merit-based | Up to 56.09 lakhs |
Talented students of Rotman School of Management get hired before completion of the course by highly paid multinational companies. The school has recorded a placement rate of 90% or more for the last 6 years. Some top hiring companies include Amazon, Deloitte, Apple, Blackberry, McKinsey, IBM. Students can connect with Rotman Career Centre to help them with finding high-paying jobs in Canada, build resumes, connect with potential employers, etc.
Rotman graduates reportedly earn an average salary of 101,000 CAD per annum (62.60 lakhs INR). The school has a placement rate of 72% within 3 months of graduation and 89% within a year of graduation. Popular professions pursued by Rotman School of Management graduates and their average salaries are as follows:
| Jobs | Average Annual Salary in CAD | Equivalent Salary for Indians in INR |
|---|---|---|
| Management Consultant | 104,800 | 64.95 lakhs |
| Senior Business Analyst | 86,890 | 53.85 lakhs |
| Product Manager, Software | 93,000 | 57.64 lakhs |
| Business Development Manager | 62,500 | 38.73 lakhs |
| CEO | 189,999 | 1.17 crore |
| VP, Finance | 132,500 | 82.12 lakhs |
Rotman School has a worldwide alumni network. Graduates are offered with a number of awards and benefits. Roman Connect is an online alumni platform through which the alumni can access a number of services and opportunities. Some of the other benefits include:
| Alumni | Designation | Achievements |
|---|---|---|
| Daisy Ho Chiu Fung | Businesswoman | Chairman and executive director of SJM Holdings |
| Johann Olav Koss | Former speed skater | Won 4 Olympic gold medals |
| Jim Balsillie | Former CEO of BlackBerry | Former chair and co-CEO of the Canadian technology company Research In Motion |
| Yasir Naqvi | Canadian politician | Served as the member of Parliament (MP) for Ottawa Centre |
| Caroline Palmer | Actress | Performed in movies like The Drownsman, Bite, Shazam! Fury of the Gods and others |
Rotman School of Business is a global centre of research and academic excellence. It is a catalyst for transformative learning, public engagement, insights, and bringing together diverse views as well as initiatives around a defining purpose for creating value for business and society. Being one of the highest-ranking business schools in Canada, pursuing higher education at Rotman is a guarantee of world-class education. Though the cost of studying any of the popular courses at the school may seem high, the employer reputation and alumni outcomes are an indication of the lucrative career outcomes for graduates.
