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 http://www.studentlife.utoronto.ca/cie/uhip
- 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.