University of Toronto MBA: Fees 2026, Deadlines & Eligibility for Indian Students

The Rotman Full-Time MBA is a 20-month program combining 16 months of academic study with a 4-month paid internship. Offered in Toronto, Canada, it admits approximately 275 students annually with an average of 4 years of work experience. Ranked #18 globally by the Financial Times Global MBA Rankings 2025, the program attracts 65-70% international students, including a significant cohort from India.

University of Toronto MBA Application Deadlines

Rotman operates on rolling admissions with four application rounds. International students can apply through Round 3, though early submission is strongly recommended for scholarship consideration.

Critical visa timeline for Indian students: Canadian study permit processing typically takes 4-6 weeks. Apply by Round 3 (March 4, 2026) to ensure sufficient time for visa processing before September 2026 intake.

University of Toronto MBA Required Tests & Score Ranges

GMAT or GRE is mandatory. Competitive score ranges for admitted students are:

GMAT exemptions available: CFA Level II pass, CPA CFE pass, PEng/ACIA/FCIA designation, or University of Toronto undergraduate degree with 3.5+ GPA.

University of Toronto MBA Eligibility Criteria

To apply, you must meet these requirements:

• Bachelor's degree (3-year or 4-year accepted) with minimum 3.0 GPA (mid-B average) from recognized university
• Minimum 2 years full-time work experience required
• GMAT/GRE score (or eligible for exemption)
• English proficiency: TOEFL iBT 100+ (22+ speaking/writing) OR IELTS 7.0 Academic (6.5+ each component) OR degree from English-medium university

University of Toronto MBA Application Requirements

You'll need to submit:

• Unofficial transcripts from all institutions (official transcripts required upon admission)
• GMAT or GRE score report (official scores sent to Rotman code: GMAT BTDKS98, GRE 0853)
• Two professional references (preferably workplace supervisors)
• Timed written assessment (two 10-minute essays on career goals, leadership, teamwork)
• Resume (2 pages max)
• Recorded video interview (90 seconds, three questions) if selected

University of Toronto MBA Fees in INR

International tuition is CAD $139,140 for the entire program. Here's the breakdown with INR conversion:

Currency Exchange Note: 1 CAD = ~62 INR (as of February 2026)

Additional mandatory costs (first year):

• University incidental fees: CAD $1,500-2,000 (~1-1.2 lakhs)
• Health insurance (UHIP): CAD $756 (~47,000)

University of Toronto MBA Cost of Living for Indian Students

Estimated annual living expenses in Toronto for Indian students (2026 intake):

Total 20-month cost for Indian students: Approximately 1.1-1.3 crores (tuition + living expenses)

University of Toronto MBA Placements & Career Outcomes

Class of 2024 placement data shows strong outcomes. 92% of graduates secured employment within 6 months of graduation.

• Average total compensation (base + bonus + other): CAD 121,889( 75.6lakhs).
• Median base salary: CAD95,000 (~59 lakhs).
• Top recruiting industries: Financial Services (41%), Consulting (21%), Technology (9%), CPG & Retail (9%), Healthcare (7%).
• Top employers: McKinsey & Company, Boston Consulting Group, Bain & Company, Deloitte, EY, Amazon, Microsoft, JPMorgan Chase, RBC, TD Bank, Scotiabank.
• Internship outcomes (Class of 2025): 95% secured paid internships. Average monthly salary: CAD $5,917 (~3.7 lakhs). Most internships in Financial Services (45%) and Consulting (13%).

University of Toronto MBA Post-Study Work Visa

International graduates are eligible for a 3-year Canadian work permit under the Post-Graduation Work Permit (PGWP) program. You're eligible if you hold a valid study permit and complete your degree. No job offer required. After 3 years, you can transition to the Skilled Worker Visa if you have a job offer with salary ≥ CAD $26,200. Pathway to permanent residency available after 5 years of continuous work visa sponsorship. Your spouse can also work in Canada while you study.

University of Toronto MBA Scholarships for Indian Students

Rotman awards over 5 million annually in scholarships. Approximately one−third of students receive entrance awards (CAD 10,000-90,000 or ~6-56 lakhs). No separate application required—all applicants automatically considered.

For Indian students specifically: International students eligible for all merit-based awards. No India-specific scholarships, but merit-based entrance awards available. Forté Fellowship available to women. External scholarships: Check Government of Canada International Student Scholarships, IEFA.org, and Scholars4Dev.com.

The Rotman Full-Time MBA offers strong ROI for Indian professionals. With 92% placement within 6 months and average compensation of ~75.6 lakhs, graduates typically recover tuition costs within 2-3 years. Apply by Round 3 (March 4, 2026) for best visa processing timelines and scholarship chances. The 3-year post-study work permit provides significant career flexibility in Canada.

FAQs

Ques: Can I work while studying the University of Toronto Full-Time MBA?

Ques: What is the acceptance rate for Indian students at Rotman Full-Time MBA?

Ques: Can my spouse work while I study the Rotman MBA?