Rotman School of Management, University of Toronto

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Fees and expenses

Calculate your costs

Learn about our tuition fees and living expenses you can expect during your time in Toronto, as a student and after graduation.

Estimated tuition fees for the Full-Time MBA Class of 2021

The tuition fees charged for each session of registration have three components:

  • Academic Fee
  • Rotman Ancillary Fees
  • University Incidental Fees

The annual tuition fees for the Full-Time MBA Class of 2021, & JD/MBA Class of 2022, starting the MBA program in September 2019, are listed below: 

Full-Time MBA Academic Fees*
Total Academic Fee 1st Year Academic Fee 2nd Year Academic Fee
Canadian citizens & permanent residents
(Pending approval by the Governing Council)
$92,500 $46,270 $46,270
International students on a study permit $120,680 $59,450* $61,230
JD/MBA Academic Fees*
Year 1 – Law Year 2 – MBA Year 3 – MBA Year 4 – MBA
Applicable Fee** Law Fee $51,420 $52,960 $54,540

In addition to the annual academic fee noted above, students are required to submit payment for University incidental fees* and Rotman ancillary fees*:

  • The University incidental fees amount to approximately $1,600, which covers the terms from September – end-April and include campus fees and student society fees. The University Health Insurance Plan (UHIP) fee will automatically be added to fees invoices for International Students only. The 2018 UHIP annual amount was $612. More information regarding UHIP may be found at
  • The Rotman ancillary fees amount to approximately $650, for the first year of the MBA program. Additional details, information and finalized amounts will be updated as available and found on your fees invoice, available in mid-July.

*Please note that the annual academic fee, University incidental fees and Rotman ancillary fees are set by the University and are subject to change. The University incidental fees amount noted above for future academic years are subject to approval by the Governing Council’s annual meeting in May.

Typical Living Expenses

The following is an estimate of the minimum funds a single student will need for living expenses for the first 12 months in Toronto:

  • Textbooks $2,000
  • Laptop $1,600 – $2,000
  • Accommodation $8,000 – $14,000
  • Food $4,000 – $5,500
  • Personal Expenses $2,000
  • Public transportation $1,300
  • Utilities $1,200
  • Health Insurance (UHIP) for International students $756
    Total $20,856 – $28,756

Costs, which will vary by individual, are listed in Canadian dollars and based on residency in downtown Toronto.





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Housing Options Resources for you

The University of Toronto can help: 

Overview of options

Housing Office

Graduate House (residence for grad students steps from Rotman)

Student Family Housing (for students with spouses or families)

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