Frequently Asked Questions
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Get the answers to common questions about the Rotman Full-Time MBA program and moving to Canada, or connect with our Admissions team to find out more.
Choosing your MBA program is one of the most important decisions you will make in your lifetime. You should evaluate your investment in an MBA program based on a school’s past record of achievement and, more importantly, its future trajectory.
By choosing the Rotman Full-Time MBA program, you’ll become part of the largest, brightest, and most diverse MBA program in Canada and a core hiring destination for major global employers. As a Rotman student, you will have access to more job opportunities from more top tier firms than any other business school in Canada, and join what will soon be the largest MBA alumni network among Canadian business schools.
Q: If I fulfill the minimum criteria of admission to the Rotman MBA Program, what are my chances of entry?
A: Fulfilling the minimum criteria only guarantees you consideration for admission to the program. Successful admission often depends upon both your application and the comparative applications of the other candidates who are vying for the same program. Due to the competitive nature of the application process, successful applicants tend to significantly exceed the admissions criteria both quantitatively and qualitatively.
Q: What are the most heavily-weighted factors?
A: There are no one or two most heavily weighted factors in the application. At Rotman, we take a holistic approach, looking at all factors of an application and weighing each according to the individual’s total file.
Q: What is a competitive GMAT score?
A: We value a holistic approach to admissions and take pride in reviewing all parts of your application, which includes your GMAT/GRE score. While we encourage applicants to put their best foot forward with a score of 550 or higher (or equivalent GRE), we consider your total application to be much more than your test score. While we require no minimum score, if your score is below the range you see in our class profile, we encourage you to get in touch with us to receive feedback on possible next steps. It is important to note, that no preference is given to one test over the other and that if you test multiple times, you may choose to submit all or only the highest result. When submitting multiple tests, we will take the highest score and all of its subsection scores.
Q: How many spaces are available each year?
A: The Full-Time MBA Program has approximately 275 spaces, though this may vary slightly year over year.
Q: Is a selection interview required?
A: While all applicants are required to submit the one-way video interviews as part of their applications, only those selected to proceed to the next stage of the admission process will be invited to interview in-person or via telephone or Skype with an Assistant Director.
Q: If I’m admitted, how long do I have to make a decision?
A: You generally have one month to make a decision and secure your spot with a non-refundable CDN$5,000 deposit.
Q: What are the tuition fees?
A: Tuition fees for the Full-Time program (as of press time) are detailed in the ‘Program Fees’ table.
Q: How do I pay tuition?
A: Tuition fee payments are accepted at any chartered Canadian bank via teller, ATM or online banking.
Q: What housing options are available to Rotman students?
A: On-campus, off-campus and temporary accommodation are available. More information is available at www.housing.utoronto.ca.
Q: Can I get transfer credits for business courses I may have completed at the undergraduate or graduate level?
A: Due to the cohort nature of the Rotman MBA program, each incoming class is divided into sections which complete all core requirements of the program together, we do not grant transfer credits or provide exemptions for business courses done previously at the undergraduate or graduate level.
Q: Can I enter directly into the second year of the program if I have an undergraduate business degree? Can I waive courses based on my undergraduate degree?
A: The Rotman MBA is a comprehensive program that must be completed in full. No exemptions are given for courses previously completed towards another undergraduate or graduate degree, nor is any advanced standing given for previously completed degrees.
Q: Does my undergraduate degree have to be in business or commerce to apply to the program?
A: Definitely not! While approximately 20 per cent of candidates generally have undergraduate business or commerce degrees, the majority of our candidates come from a variety of backgrounds and disciplines. This diversity is one of Rotman’s greatest strengths.
Q: Do I need to wait until an application deadline to apply?
No. While we make admission decisions by each admission decision date
, we review applications on a rolling basis.
Q: My undergraduate grades don’t reflect my academic abilities. Should I take additional courses to demonstrate by academic abilities?
No. If you are worried that your grades during your undergraduate studies were not a true representation of your academic abilities, focus on doing well on the GMAT (or GRE).