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 2022

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 2022, & JD/MBA Class of 2023, starting the MBA program in September 2020, are listed below in Canadian dollars: 

Full-Time MBA Academic Fees
Total Academic Fee 1st Year Academic Fee 2nd Year Academic Fee
Canadian citizens & permanent residents $92,540 $46,270 $46,270
International students on a study permit $129,190 $63,020 $66,170
JD/MBA Academic Fees
Year 1 – Law Year 2 – MBA Year 3 – MBA Total
Canadian citizens & permanent residents 
$46,270 $46,270 $47,190 $139,730
 International students on a study permit $63,020 $66,170 $67,490 $196,680

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

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 $636
    Total $20,736 – $28,636

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 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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