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The tuition fees for the full-time MBA program at the Rotman School of Management, University of Toronto, are CAD 67,800 for domestic students and CAD 102,640 for international students. These fees cover the entire two-year duration of the program. Beyond tuition, students should budget for additional expenses such as books, supplies, and living costs, which can significantly add to the overall cost of attendance.
Here’s a breakdown of the expected expenses:
- Domestic Students: CAD 67,800
- International Students: CAD 102,640
Additional costs include:
- Books and Supplies: Approximately CAD 2,000 per year
- Accommodation and Living Expenses: CAD 20,000 to CAD 25,000 per year, depending on lifestyle and housing choices
- Health Insurance: International students are required to enroll in the University Health Insurance Plan (UHIP), which costs around CAD 720 per year.
Rotman offers a range of financial aid options to help students manage these costs, including scholarships, fellowships, and loans. Scholarships are awarded based on merit and need, and there are specific awards for various achievements and backgrounds. It’s advisable for students to explore these opportunities thoroughly and apply early to maximize their chances of receiving aid.
For more detailed and up-to-date information on fees and expenses, prospective students can visit the Rotman MBA Fees and Expenses.
The tuition fees for the Rotman MBA program vary depending on whether you are a domestic or international student. For Canadian citizens and permanent residents, the total tuition fee is CAD $92,540 for the two-year program. This is divided into CAD $46,270 per year. For international students, the total tuition fee is CAD $136,410, which is CAD $67,530 for the first year and CAD $68,880 for the second year.
In addition to tuition, students must also pay University incidental fees and Rotman ancillary fees. These incidental fees are approximately CAD $1,600 per year, which cover various campus services and student society fees. Rotman ancillary fees are around CAD $650 for the first year.
It's important to budget for living expenses in Toronto as well. Estimated costs include CAD $8,000 to $14,000 for accommodation, CAD $4,000 to $5,500 for food, and other personal expenses totaling around CAD $19,656 to $27,556 per year.
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