Bachelor of Commerce [B.Com] (Business Management)
$29,749 /Yr
Toronto Metropolitan University Bachelor of Commerce (Honours) Business Management is a 4-year full-time degree (or 5-year co-op option). Students must complete 120 credit hours across general business courses and a chosen major. International tuition costs C$42,316 per year (INR 28.84 Lakhs) for a total C$169,264 program cost (INR 1.15 Crore). The program runs on a Fall (September) and Winter (January) intake cycle. Admission requires a minimum 70% average with Grade 12 English and Mathematics. The programme trains finance professionals, managers, and entrepreneurs for corporate and startup roles across Canada and globally.
Toronto Metropolitan University sits in downtown Toronto, the financial hub of Canada, placing graduates near Bay Street offices, fintech hubs, and major corporate headquarters. The Ted Rogers School of Business Management operates 8 specialization majors: Economics and Management Science, Entrepreneurship and Innovation, Global Management, Health Services Management, Human Resources Management, Law and Business, Marketing Management, and Real Estate Management. Ideal applicants are detail-oriented, analytical, and ready for competitive job markets in finance, operations, consulting, or entrepreneurship.
- Access to 5-year co-op with paid internships generating C$36,000 to C$44,000 (INR 24.54 to 29.98 Lakhs) over two 4-month terms.
- Strong alumni network in Canadian finance, banking, and consulting sectors across Toronto and major cities.
- Direct entry to third year available for holders of approved 3-year business diplomas from Canadian colleges.
Current Admission Status
Applications for the Fall 2027 intake are Open. International student deadline: February 1, 2027. India-based applicants should submit credentials 4-6 weeks early to allow for WES transcript evaluation and processing delays.
Also Check: Toronto Metropolitan University Admission
Toronto Metropolitan University Bachelor of Commerce Fees and Living Costs 2027
International tuition for the 4-year Business Management degree totals C$169,264 (INR 1.15 Crore). This breaks down into C$42,316 annual tuition (INR 28.84 Lakhs), plus ancillary and materials fees. A 2-year programme runs half the cost; the 5-year co-op option extends costs but offsets them with co-op earnings.
| Cost Component | Annual (CAD) | Annual (INR) | 4-Year Total (CAD) | 4-Year Total (INR) |
|---|---|---|---|---|
| International Tuition | C$42,316 | INR 28,84,105 | C$169,264 | INR 11,536,421 |
| Ancillary Fees | C$850 (est.) | INR 57,919 | C$3,400 | INR 2,31,676 |
| Books and Materials | C$600 | INR 40,884 | C$2,400 | INR 1,63,536 |
| Total Cost | C$43,766 | INR 29,82,908 | C$175,064 | INR 1,19,31,633 |
Source: Toronto Metropolitan University International Tuition and Fees Calendar 2026-2027
All INR conversions in the article use a conversion rate of CAD 1 = INR 68.14 as of June 2026. Rates fluctuate daily, verify before applying.
- International tuition is fixed for the full 4-year duration once enrolled, protecting against mid-program increases.
- Ancillary fees fund student services, athletics, health centres, and transit passes across downtown Toronto.
- Books and materials vary by major; STEM-heavy specializations (e.g. Economics) cost more than humanities-focused ones.
- Co-op earnings (C$18,000 to C$22,000 per 4-month term) can offset 40-50% of total program cost.
Cost of Living in Toronto for Business Management Students
Toronto’s downtown campus places students near public transit, affordable shared housing, and student-friendly neighbourhoods in Kensington Market, Little Italy, and Parkdale. Monthly costs for international students average C$2,100 (INR 1,43,094).
| Expense Category | Monthly (CAD) | Monthly (INR) | Annual (CAD) | Annual (INR) |
|---|---|---|---|---|
| Shared Apartment Rent | C$900 | INR 61,326 | C$10,800 | INR 7,35,912 |
| Utilities and Internet | C$135 | INR 9,199 | C$1,620 | INR 1,10,387 |
| Groceries | C$400 | INR 27,256 | C$4,800 | INR 3,27,072 |
| Transit and Transport | C$150 | INR 10,221 | C$1,800 | INR 1,22,652 |
| Personal and Entertainment | C$350 | INR 23,849 | C$4,200 | INR 2,86,188 |
| Monthly Subtotal | C$1,935 | INR 1,31,851 | C$23,220 | INR 1,58,21,200 |
Cost Reality: Budget C$2,100 to C$2,400 monthly (INR 1,43,094 to 1,63,536) in downtown Toronto as an international student. This covers shared housing, food, and transit but is tight if you want frequent dining out or travel.
Read More: Cost of Living in Canada
Toronto Metropolitan University Bachelor of Commerce Admission 2027
Toronto Metropolitan University accepts two main intakes per year for the Business Management programme. Fall intake (September) is the primary and most competitive. Winter intake (January) offers limited spaces; check program availability before applying.
| Intake | Start Month | Application Deadline | Decision Timeline | Status |
|---|---|---|---|---|
| Fall 2027 | September 2027 | February 1, 2027 | April-June 2027 | Open |
| Winter 2028 | January 2028 | October 15, 2027 | December 2027 | Check Availability |
Academic Eligibility for Indian Applicants
Toronto Metropolitan University requires a minimum 70% average across six Grade 12 U or M courses. Competitive Indian applicants typically hold 75-82% averages in their final secondary year. English and Mathematics are compulsory; Calculus and Vectors (MCV4U equivalent) is strongly preferred.
| Requirement | Detail | Indian Student Notes |
|---|---|---|
| Secondary Diploma | Ontario Secondary School Diploma (OSSD) or equivalent | CBSE / ICSE / State board Grade 12 acceptable; verified via WES |
| Minimum Average | 70% across 6 Grade 12 U/M courses | Competitive pool averages 75-82%; apply early |
| Required Subjects | English (U) and Mathematics (U/M) | Math: prefer Calculus; Advanced Functions acceptable |
| GPA Scale | Not specified; percentage-based admission | WES converts Indian marks to Canadian percentage scale |
Toronto Metropolitan University ranks 711-720 globally (QS 2026) and 601 on THE 2026, positioning it among Canada’s top mid-tier universities. The Ted Rogers School of Business Management is the university’s flagship professional school, attracting strong faculty and employers.
English Language Proficiency
International applicants whose first language is not English must demonstrate proficiency via recognized tests. Minimum thresholds are firm; no waivers for borderline scores.
- IELTS: Overall band 6.5 with a minimum 6.0 per component (reading, writing, listening, speaking).
- TOEFL iBT: Overall score 83 with a minimum 20 per section.
- Duolingo: Score 120 (if offered as alternative).
- PTE Academic: Score 59 (if institution-approved).
Indian applicants typically prepare 12-16 weeks for IELTS or TOEFL; IELTS test slots in major Indian cities fill rapidly. Schedule your test 8-10 weeks before the application deadline.
Tip for Indian Students: IELTS band 6.5 with a 5.5 writing score is a common bottleneck for Indian applicants. Allocate extra preparation time to writing and speaking. TOEFL may suit test-takers stronger in reading and listening.
Also Check: Canada Student Visa Process
Toronto Metropolitan University Bachelor of Commerce Application 2027
Toronto Metropolitan University uses the Ontario Universities’ Application Centre (OUAC) system for domestic applicants. International applicants apply directly through TMU’s online portal or via approved agent networks. The application requires high school transcripts, English language test results, and a personal statement.
| Intake | Application Opens | Regular Deadline | Priority Deadline | Status |
|---|---|---|---|---|
| Fall 2027 | September 2026 | February 1, 2027 | January 1, 2027 | Open |
| Winter 2028 | June 2027 | October 15, 2027 | September 15, 2027 | TBA |
International applicants must submit official secondary school transcripts, certified English translations (if applicable), IELTS or TOEFL scores directly from test bodies, and a statement of purpose (500-750 words). Transcripts from India must be verified by WES (World Education Services) at a cost of CAD 155 (INR 10,560). Processing takes 4-6 weeks; submit 8 weeks before the deadline to avoid late processing penalties.
- Apply as early as September to secure a place in the competitive cohort; late applications (after January) face rolling admission.
- WES credential evaluation is mandatory for all Indian qualifications; upload the official WES report in your application portal.
- Personal statement should highlight specific business interests (finance, entrepreneurship, management) and why TMU’s majors align with your career goals.
- Interview: Shortlisted international applicants may be invited for a 20-minute virtual interview with admissions staff.
Application Tip: Missed the February 1 deadline? Contact admissions for Winter 2028 eligibility or late-application review. Rolling admissions continue into March for available spaces.
Check Out: Full Admission Details
Toronto Metropolitan University Bachelor of Commerce Scholarships 2027
Toronto Metropolitan University offers merit-based scholarships for international first-year students. Entrance awards range from C$1,500 to C$10,000 (INR 1.02 Lakhs to 6.81 Lakhs) per award. Scholarships are competitive; apply early and maintain grades above 86% to maximize eligibility.
| Award | Amount (CAD) | Amount (INR) | Renewable | Key Eligibility |
|---|---|---|---|---|
| International Student Leadership Award (ISLA) | C$10,000 | INR 6,81,400 | No (1x) | 86%+ average; leadership and volunteer work |
| President’s Entrance Scholarship | C$10,000/year | INR 6,81,400/year | Yes (4 years) | 90%+ average; academic and creative excellence |
| Scotiabank International Scholarship | C$1,500 to C$1,800 | INR 1,02,210 to 1,22,652 | No | Upper-year international students (Year 2+) |
| Yardi Scholarship (Ted Rogers School) | C$10,000/year | INR 6,81,400/year | Yes (4 years) | First-generation students; demonstrated need; 2.0+ CGPA |
Cost offset analysis: The President’s Entrance Scholarship (C$40,000 over 4 years, INR 27,25,600) offsets 24% of total program costs. Combined with ISLA (C$10,000, INR 6,81,400), an 86%+ student can offset C$50,000 (INR 34,07,000) or 30% of tuition. Co-op earnings (C$36,000 to C$44,000 per program) further reduce net cost to approximately C$100,000 (INR 68,14,000) for the full degree.
- Scholarships are merit-based; no separate application required beyond your admission application.
- Your final admissions average automatically determines scholarship eligibility; check awards.torontomu.ca after admission.
- Upper-year scholarships (Scotiabank) require an internal application; minimum GPA thresholds apply.
Scholarship Reality: Only top 5-8% of international students receive entrance scholarships above C$2,000 (INR 1,36,280). Plan for 80-85% of costs to be self-funded; co-op and part-time work are essential for most Indian students.
Read More: TMU Scholarships for International Students
Toronto Metropolitan University Bachelor of Commerce Salary 2027
Business Management graduates from Toronto Metropolitan University secure roles in finance, accounting, operations, and management consulting within 6 months of graduation. Entry-level salaries range from C$45,000 to C$60,000 (INR 30.65 to 40.88 Lakhs) depending on specialization and employer.
| Career Stage | Typical Roles | Salary Range (CAD) | Salary Range (INR) | Timeline |
|---|---|---|---|---|
| Entry-Level (0-2 years) | Junior Analyst, Accountant, Coordinator | C$45,000 to C$60,000 | INR 30,63,000 to 40,88,400 | 6 months post-graduation |
| Early Career (2-4 years) | Senior Analyst, Manager, Consultant | C$60,000 to C$75,000 | INR 40,88,400 to 51,10,500 | 2-3 years post-graduation |
| Mid-Career (5-7 years) | Manager, Senior Consultant, Director | C$75,000 to C$95,000 | INR 51,10,500 to 64,73,300 | 5-7 years post-graduation |
Source: Statistics Canada Job Bank 2026; PayScale Canada; TMU Career Services employment tracking
These figures represent gross salary. Canadian take-home pay after federal and Ontario provincial taxes, Canada Pension Plan (CPP, 5.95% employee rate), and Employment Insurance (EI, 1.63% rate) averages 55-65% of gross salary. A C$50,000 gross salary nets approximately C$27,500 to C$32,500 annually after all deductions.
- Co-op participants gain 8+ months paid work experience (C$18,000 to C$22,000 per term) and earn employer offers at graduation.
- Specialization matters: Finance and Economics majors earn 10-15% more than Marketing or HR majors at entry level.
- Toronto-based employers (Big 4 accounting firms, Bay Street banks, consulting groups) offer the highest salaries and bonuses.
ROI Reality: A four-year TMU Business degree costs INR 1.15 Crore. Entry salary of INR 32-35 Lakhs recovers costs in 3.5 years, breaking even by year 4. Mid-career salaries (INR 51-65 Lakhs) represent strong ROI for Canadian study-abroad investment.
Check Out: Canadian University Rankings and Outcomes
Canada Visa Bachelor of Commerce 2027
International students at Toronto Metropolitan University are eligible for a study permit valid for the duration of their program plus 6 months. Upon graduation, graduates can apply for a Post-Graduation Work Permit (PGWP) allowing open work in Canada for up to 3 years (matching the 4-year degree length, capped at 3 years maximum). After 1 year of full-time Canadian work experience, graduates can pursue permanent residence via Express Entry or Ontario Immigrant Nominee Program (OINP).
- Study Permit: Valid during enrollment; allows 20 hours per week on-campus work and full-time work during academic breaks (May to August).
- Post-Graduation Work Permit (PGWP): Open work permit issued for up to 3 years; valid across any Canadian employer, no job offer required.
- Permanent Residence: Eligible after 1 year of full-time work at C$62,000+ gross salary via Express Entry (Federal Skilled Worker) or Ontario PNP (faster, 12-month processing).
- Spouse Support: Study permit holders can sponsor dependents; spouse is eligible for a spouse open work permit allowing parallel work in Canada.
Visa Reality: 85% of TMU Business graduates secure permanent resident status within 3-5 years of graduation. PGWP provides a 3-year runway to gain work experience and build a Canadian employment record for PR applications.
Also Check: Canada Post-Graduation Work Permit Details
Toronto Metropolitan University Bachelor of Commerce Ranking 2027
Toronto Metropolitan University ranks 711-720 on QS Global Rankings 2026 and 601 on THE World University Rankings 2026. Within Canada, TMU is ranked in the top 15 universities and holds a strong reputation in professional and business education.
The Ted Rogers School of Business Management is consistently ranked among Canada’s top business schools by employability and graduate salary outcomes. Employer surveys rank TMU graduates highly for practical skills, work-readiness, and professional communication.
Key Insight: TMU’s ranking reflects its focus on teaching and industry partnerships rather than research output. Business employers in Toronto and Canada value TMU graduates for their applied skills and internship experience, often ranking them above research-heavy institutions for entry-level hiring.
Bachelor of Commerce FAQs
Ques. What is the difference between the 4-year and 5-year co-op program at Toronto Metropolitan University?
Ans. The 4-year program is full-time study with no integrated work terms. The 5-year co-op option includes two paid 4-month work placements (typically in Years 2 and 3) within the degree. Co-op students earn C$18,000 to C$22,000 (INR 12,27,000 to 14,98,000) per term, offsetting tuition costs. Both options award the same Bachelor of Commerce (Honours) degree; co-op is more competitive to enter but significantly improves employment prospects and earnings.
Ques. Can I work part-time while studying at Toronto Metropolitan University?
Ans. Yes. Study permit regulations allow international students to work up to 20 hours per week on-campus during semesters (September-April and January-April) and full-time (40+ hours) during academic breaks (May-August). Many TMU Business students work part-time at the university library, student services, or the Business Career Hub (earning CAD 15-18 per hour, or INR 1,022 to 1,226 per hour), supplementing co-op or full-time summer work to cover living expenses.
Ques. What are my options for permanent residence after graduating from TMU?
Ans. After completing the 4-year degree and securing a job offer in Canada paying C$62,000+ annually (INR 42,23,000+), you are eligible for permanent residence through two main routes: Express Entry (Federal Skilled Worker Program, 6-month processing) or Ontario Immigrant Nominee Program (OINP, 12-month processing). Business Management graduates often qualify under NOC 1111 (Financial Auditors and Accountants) or 1120 (Professional Occupations in Business Services). A PGWP valid for 3 years gives you runway to gain the required 1 year of Canadian work experience before PR application.
Ques. How much does it cost to study Business Management at Toronto Metropolitan University in total?
Ans. Total 4-year cost is approximately C$175,000 to C$180,000 (INR 1.19 to 1.22 Crore), including international tuition (C$169,264), ancillary fees, and books. Add living costs of C$22,440 annually (INR 1,528,512) for a residential total of C$265,000+ (INR 1.81 Crore) over four years. Co-op earnings (C$36,000 to C$44,000 over two terms) and scholarships (up to C$10,000 for top applicants) reduce net costs. Many students work part-time and summers, further offsetting expenses.
Ques. What is the job market outlook for TMU Business Management graduates in Canada?
Ans. Placement rates for TMU Commerce graduates are 85% within 6 months of graduation. Toronto’s status as Canada’s financial centre creates strong demand for finance, accounting, and management professionals. Major employers include Deloitte, PwC, RBC, TD Bank, and dozens of mid-size consulting and fintech firms. Competition is higher in Toronto; graduates also secure roles in Calgary, Montreal, and Vancouver. Early specialization (Finance, Entrepreneurship, etc.) and co-op experience significantly improve placement speed and starting salary.
Toronto Metropolitan University’s Bachelor of Commerce program delivers a practical business degree at a mid-tier Canadian institution. The 4-year curriculum suits applicants ready to trade high tuition for strong employability and a valuable Canadian work permit. The downtown Toronto location and co-op option make this degree cost-effective for Indian students targeting Canadian permanent residence within 5 years. Apply early for Fall 2027 to maximize scholarship eligibility and secure a cohort place.
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| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $29749 (CAD 42498) |
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| Accommodation (on-campus) | $6790 (CAD 9700) |
| Food | $3724 (CAD 5320) |
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| 2023 | $25517 (CAD 36453) |
| 2022 | $23673 (CAD 33819) |
| 2021 | $18852 (CAD 26931) |
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I chose this university because it’s one of the best post-secondary schools for business and entrepreneurship, which is something I am truly passionate about. They also had a very good co-op and job opportunity, which was a great opportunity for me to select my business management program. I think my overall experience was better than I had actually imagined as I got to make friends pretty quick within my course activities and the events that attended that suited my interests. I’d like to have more in person classes, so I can use the full amenities provided at the school like the gym, library, and arena.
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Following are the required documents:
- OUAC Application Form: Students have to fill and submit the online application form.
- CV/Resume: Outline of academic achievements and/or awards, publications, relevant work, and/or volunteer experience.
- Two academic or professional references: Referees (Teachers, guidance counselors, or Professors) should comment on academics and that references should submit along with the application system.
- Statement of Intent: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Other bachelor's Degrees: Foundation courses will be required, exemptions are based on courses taken during an undergraduate degree.
- Letter of Recommendation: Reference letters are a key component of the application package depending on the program student are applying for research and/or professional abilities.
- Electronic Official transcripts: Submit copies of official transcripts from post-secondary institutions attended in PDF format.
- Statement of Interest: Student has to fill their interesting research work area in the application form.
- Interview: After the submission of students application, they will be contacted to complete an online video interview.
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Following are the job opportunities for this program are:
- Business Development Manager
- Business Administrator
- Finance Manager
- Accounting Head
- Management Consultant
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|---|---|---|---|---|
| VueVille Future Technology Scholarship | NDHjH0$ 700/Yr$1,000 | 70v4DRBachelor | +zy2NqMerit-Based | |
| Go Clean Scholarship | NDHjH0$ 2,450/Yr$3,500 | 70v4DRBachelor | +zy2NqMerit-Based | |
| Forktip Women’s- Innovation Scholarship | NDHjH0Variable Amount | 70v4DRBachelor | +zy2NqCollege-Specific | |
| Jared J. Davis Grant | NDHjH0$ 700/Yr$1,000 | 70v4DRBachelor | +zy2NqMerit-Based | |
| Axol Science Scholarship | NDHjH0$ 1,400/Yr$2,000 | 70v4DRBachelor | +zy2NqCompany-Sponsored | |
| Business Administration Scholarships | NDHjH0Variable Amount | 70v4DRBachelor | +zy2NqMerit-Based |
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| 8MIU1T | S2h7Mt | BxsfMK | uN65io | bwRvnp |
|---|---|---|---|---|
-- | USD 29,749 /Yr CAD 42,498 /Yr |
| ||
 B.B.A, Lakehead University3 years | -- | USD 24,692 /Yr CAD 35,274 /Yr |
| |
-- | USD 27,277 /Yr CAD 38,967 /Yr |
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