Rotman School of Management

Main Content

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.

Annual Tuition Fees: Full-Time Class of 2018

Applicable to students entering the Full-Time MBA program in 2017.

Canadian Citizens & Permanent Residents International Students
1st Year Tuition $48,480 CAD ($39,240 USD)
$53,370 CAD ($43,197 USD)
2nd Year Tuition $49,929 CAD ($40,412 USD)
$54,400 CAD ($44,031 USD)
Total Tuition Fee  $98,409 CAD ($79,652 USD)
$107,770 CAD ($87,229 USD)
    * Based on currency exchange rate of 1 CAD = 0.81 USD

* In addition to the Annual Tuition Fees noted above, University incidental fees, including required and optional fees, are approximately $1,600 for domestic students, and approximately $1,700 - $2,000 for international students. Rotman compulsory ancillary fees amount to approximately $1,100 to cover the cost of course materials. Additional Rotman ancillary fees will be charged on a ‘pay per service’ basis (i.e. participation in Study Tours, registration in Academic & Professional Development workshops etc.) and will be collected by the Program Services Office.  

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 Spring 2016.

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.





The ROI of an MBA - Part 1

The late Professor Womack taught a popular finance class in the MBA program

Housing OptionsResources 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)

Your Path to the MBAExplore, Connect, Apply

Introduce yourself 

Introduce Yourself! Contact our Admissions team

Current Students 

Attend a class


Join the conversation. Check out our Facebook page

How to apply Read our admissions blog

View our  MBA brochure online

scholarships and loans View our employment & salary report

Attend an admissions event online or in person

application deadline

Prepare for our next application deadline

Start your application today

Start your application today or return to your online profile

© Rotman School of ManagementAASCB