What if I...? What are the...? How many...? If I'm...? Here are the answers to some of the most frequently asked questions about the One-Year Executive MBA.
How many candidates do you accept each year?
We accept up to 70 students each year.
Is the program delivered by distance learning?
The Rotman EMBA program is predominately delivered in a face-to-face format, although some blended learning approaches are used through the integration of pre-course or supplemental videos by faculty to help support student learning.
When do classes begin?
The program has one intake per year. Classes begin in September. Pre-program preparatory classes are offered in August.
How is the Executive MBA organized?
The program runs consecutively for 13 months. You will be in class all day on Friday and Saturday, every other week, and for four one-week residential modules throughout the year.
What is the difference in learning between an Executive MBA and a full-time or part-time MBA program?
Please see which Rotman degree is right for you here.
Is there an application deadline?
Please review our application deadlines here. However, Our Admissions Committee also considers applications on a rolling basis, which means we review applications and admit students on a first-come-first-served basis. We encourage you to submit your application early as the class may fill before the deadlines.
Is an application interview required?
Yes. An interview with one of our program directors is an important part of the application process. We want to help you decide if the program is the right fit for your career goals before you begin the formal application process. The interview may be conducted either in person, via webcam/Skype or by telephone.
If I fulfill the minimum criteria of admission to the program, what are my chances of entry?
Fulfilling the minimum criteria only guarantees you consideration for admission to the program. An offer of admission often depends upon both the individual strength of your application and the strength of your application relative to others seeking admission to the program. Due to the competitive nature of the application process, successful applicants tend to significantly exceed the minimum admissions criteria.
What are the most heavily weighted factors?
We take a ‘whole package’ approach when reviewing applications. We look at the quantitative features of the application such as the GPA and EDT/GMAT/GRE score, but also at the quality of the essays, references, interview, academic background, international work and leadership experiences.
If I’m admitted this year, can I defer my admission to next year?
Please contact us for details at email@example.com.
How long before I know if I’ve been accepted once my application is submitted?
You can expect a decision within a minimum of five business days of submitting your completed application.
Do I need to write the GMAT or GRE?
Candidates with an undergraduate degree equivalent to the University of Toronto’s four year degree have the option of writing the Rotman Executive Diagnostic Test (EDT) instead of the GMAT or GRE.
All candidates without a recognized undergraduate degree must write the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE) and achieve a competitive score. Preference may be given to those with a higher score.
What is an EDT and do I need to write it?
The Executive MBA Diagnostic Test (EDT) measures the basic mathematical and analytical skills you'll need to successfully work with the course material of the Executive MBA program. All candidates for the program will be required to pass the EDT, unless they have already written a GMAT or GRE within the last 5 years and achieved a competitive score. Preference may be given to those with a higher score.
Do I need to write a TOEFL or IELTS?
Candidates who have completed their undergraduate degrees in a language other than in English must write their TOEFL or IELTS. The minimum overall score required is 93 (writing, 22; speaking, 22) on the TOEFL, and for the IELTS the minimum overall score is 7.0. Contact us to find out if this requirement is applicable to you.
Do I need to be employed to be admitted into the Executive MBA program?
The Executive MBA program is designed for working professionals so we prefer students to be employed when applying to, and while enrolled in, the program but will consider each candidate on their own individual merits. Please contact your admissions advisor to discuss your individual situation at firstname.lastname@example.org
What is included in the program fees?
The program fees include your textbooks, all course material, most meals on class days, hotel accommodations for the residential modules, and customized career coaching.
How can I pay tuition?
Program fees can be paid by personal cheques, wire transfers or bank drafts. Credit card payments are accepted with an additional fee dependent upon the credit card provider.
Is the EMBA program tuition fee tax deductible?
The Executive MBA is considered a full-time program and therefore the tuition fee is partly tax deductible. It also qualifies for the Canada Revenue Agency’s Life Long Learning Plan. To learn more please visit http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/llp-reep/menu-eng.html.
Are there scholarships or discounts available?
Yes, we offer a variety of application incentives and entrance awards. To be considered for one of these incentives or awards, you must be admitted to the program and submit your award application(s) by the designated deadline.
What are my financing options?
The Rotman School does not offer direct financing for the program. However, we can provide you with contacts at major financial institutions who do offer packages for our students.
As the One-Year Executive MBA program is considered a full-time program, Canadian citizens or permanent residents who have Registered Retirement Savings Plans (RRSPs) can use the Life Long Learning Plan (LLP) to finance their own education or that of their spouse/partner. Amounts withdrawn under the LLP do not count towards income and the RRSP issuer does not withhold taxes on these amounts. Withdrawals must be repaid over a period of not more than 10 years. For more information, consult the Canada Revenue Agency at www.cra.gc.ca.
Additionally, the tuition portion of the program fees is tax deductible. You will receive T2202 forms for each tax year. Please contact your tax advisor to see how this will impact your personal finances.
Please note, the Executive MBA is considered a private program and, as such, does not qualify for OSAP (Ontario Student Assistance Program) loans.