Fees and expenses
Calculate your costs
The Rotman School is part of the University of Toronto, and located in downtown Toronto, consistently rated one of the best cities in the world to live and work. View a detailed breakdown of the Full-Time MBA tuition fees and the average living expenses you can expect during your time in the city.
Annual Tuition Fees: Full-Time Class of 2016
Applicable to students entering the Full-Time MBA program in 2014.
||Total Tuition Fee
||1st Year Tuition
||2nd Year Tuition
|Canadian Citizens & Permanent Residents
In addition to the Annual Tuition Fees noted above, University incidental fees, including required and optional fees, are approximately $1,100 - $1,200 for domestic students, and approximately $1,800 - $2,000 for international students. Rotman ancillary fees, including required and optional fees, amount to approximately $1,000 - $1,300.
Please note that Tuition Fees, University incidental fees and the Rotman ancillary fees are set annually and are subject to change. (The University Incidental Fee referenced above is 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:
- Tuition (Domestic students) $41,258
- Tuition (International students) $48,293
- 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 $62,114 – $77,049
Costs, which will vary by individual, are listed in Canadian dollars and based on residency in downtown Toronto.