Master programs offered by Rotman School of Management
- Goalisb
- Oct 18
- 16 min read
Table of Contents
Introduction
Rotman School of Management offers Master programs - MBA, Master of Management, Master in Finance, Master of Financial Risk Management and Master of Management Analytics. Goalisb MBA admission consultants have compiled the requisite information about the programs, eligibility and the application process for Master programs at Rotman School of Management here. These programs in addition to the MBA in Canada are equally capable of providing a career boost through a micro specialisation to those focused in special functions or industries. While these are offered by most MBA in Canada Universities, check where each program adds value to your profile.
Confused about which Rotman program fits your profile? GOALisB admissions experts help you evaluate options — MBA vs. Master’s — and craft a winning application strategy. Get Application Assistance.
Rotman School of Management Master Programs
Rotman School of Management Master Programs- General Information
Course | Duration | Format | Location |
MBA | 16 months of academic study 4 months of paid internship Full-time | In-person | Toronto, Canada |
Master of Management | 11 months Full-time Start in May 2026 | In-person | Toronto, Canada |
Master of Financial Risk Management | 10 months Full-time Start in September 2026 | In-person | Toronto, Canada |
Master of Management Analytics | 11 months +4 months of practicum Full-Time Start in September 2026 | In-person | Toronto, Canada |
MBA at Rotman School of Management
MBA Admission Important Dates
Particulars | Date |
Round 1 | September 10, 2025 |
Round 2 | November 19, 2025 |
Round 3 | March 4, 2026 |
Round 4 | May 13, 2026 (Domestic students only) |
MBA Course Eligibility and Fees
MBA-
Bachelor's degree, or its equivalent, with a minimum GPA of 3.0 (at least mid-B average) in the final year from a recognized university.
A minimum of two years of full-time work experience.
English language proficiency: Any one of the following-
Undergraduate or graduate degree from a recognized English language university
TOEFL iBT (internet-based test) score of 100 overall, with a minimum of 22 on speaking and writing.
IELTS score of 7.0 (Academic) with at least 6.5 for each component.
Grade B from Academic English Level 60 at the University of Toronto English Language Program
Course Fees-
Particulars | Fee |
Tuition fee (domestic) | CAD $92,540 |
Tuition fee (international) | CAD $139,140 |
Total annual living expenses | CAD $23,856 – $38,756 |
MBA Application Process
Meet the eligibility criteria.
Appear for GMAT/GRE.
Valid GMAT or GMAT Focus tests will be accepted.
CFA (Passed at least the Level II examination), CPA(Passed the Common Final Exam), attained the professional designation in Engineering (PEng) or in Actuarial Sciences (ACIA or FCIA), undergraduate degree from the University of Toronto with high distinction (cumulative grade point average of 3.5 or higher) are exempted from GMAT/GRE.
Fill the online application by creating an account on the application portal.
Give two two-timed written assessment to be completed in 10 minutes each.
Give two professional references.
Candidates will be shortlisted on the basis of their application.
The shortlisted candidates have to appear for an online interview.
Finally, the selected candidates will be given an offer letter.
MBA Salary- $134,000 (includes base, bonus, and other compensation)
MBA Ranking- Rank 1 in University in Canada, Times Higher Education Global World University Rankings 2025
Applying to Rotman involves essays, references, written and video assessments, plus interviews. GOALisB guides you through each step to maximize your chances of admission. Book a free consultation.
Master of Management at Rotman School of Management
Master of Management Admission Important Dates
Particulars | Date |
Round 1 | November 5, 2025 |
Round 2 | January 28th, 2026 (Domestic students only) |
Master of Management Course Eligibility and Fees
Four-year undergraduate degree or equivalent with mid-B average(equivalent to a 3.0 from the University of Toronto)
Quantitative proficiency- Any one of the following
Completion of at least one course in statistics, calculus, linear algebra, or similar during undergraduate studies with a B grade.
Completion of an undergraduate-level course in statistics, calculus, linear algebra, or similar offered by a third-party platform such as Coursera or EdX
Completion of the Graduate Management Admission Test (GMAT) Focus with a minimum quant score 77 (45 GMAT Classic)
Completion of the Graduate Record Examination (GRE) with a minimum quant score of 160
Work experience is not required. Candidates may have up to a maximum of 2.5 years of full-time work experience, post-graduation, by the start of the program
Strong verbal, written and reading comprehension skills
English language proficiency: Any one of the following-
An undergraduate degree from a university at which the language of instruction and examination was English
satisfactory performance on a standardized English Language Test.
A minimum TOEFL score of 100 is required, with a minimum of 22 in both writing and speaking.
Minimum IELTS Academic Test with a score of 7.0 with at least 6.5 across all bands
Minimum CAEL CE of 70 total with at least 60 in each part
Course Fee
Particulars | Fee |
Tuition fee (domestic) | CAD $40,000 |
Tuition fee (international) | CAD $71,000 |
Master of Management Application Process
First, meet the eligibility criteria.
Appear for GMAT/GRE (if required).
Fill the online application form.
Submit academic transcripts.
Upload the resume.
Give two references.
Complete a video assessment (2 questions) with a timed written response component (10 minutes in length).
Complete the application by submitting the application form fee of $195 CAD.
Candidates are shortlisted on the basis of their applications.
The shortlisted candidates have to appear for an online interview.
An offer letter will be given to the finally selected candidates.
Master of Management Ranking:
Rank 1 in University in Canada, 2025 Times Higher Education ranking.
Rank 21 in the Top universities in the world, 2025 Times Higher Education ranking.
Rank 1 in the world for sustainability, QS 2024 World University Rankings.
Master of Financial Risk Management at Rotman School of Management
Master of Financial Risk Management Admission Important Dates
Particulars | Date |
Round 1 | October 15, 2025 |
Round 2 | January 21, 2026 |
Round 3 | April 15, 2026 (Domestic students only) |
Master of Financial Risk Management Course Eligibility Criteria and Fees
Four-year undergraduate degree or equivalent with mid-B average(equivalent to a 3.0 from the University of Toronto)
Quantitative proficiency- Any one of the following
Completion of at least one course in statistics, calculus, linear algebra, or similar during undergraduate studies with a B grade.
GMAT/GRE scores
Computational proficiency- for example, course outlines, projects or copies of certificates.
Prerequisites- Before the program begins in September, admitted students must have completed courses in the following areas as part of their undergraduate degree, with a minimum B grade in each course:
Foundations of Finance
Financial Accounting
Financial Derivatives
Investments
CFA candidates/Candidates passing a qualifying exam are exempted from the prerequisites.
English language proficiency: Any one of the following-
An undergraduate degree from a university at which the language of instruction and examination was English
Minimum TOEFL score of 100 is required, with a minimum of 22 in both writing and speaking.
Minimum IELTS Academic Test with a score of 7.0 with at least 6.5 across all bands
Minimum CAEL CE of 70 total with at least 60 in each part
Course Fee
Particulars | Fee |
Tuition fee (domestic) | CAD $39,850 |
Tuition fee (international) | CAD $74,650 |
Master of Financial Risk Management Application Process
Candidates have to first meet the eligibility criteria.
Next, candidates have to fill the online application form.
After that, submit academic transcripts, two academic references and a resume.
GMAT/GRE scores are optional.
Next, candidates have to appear for a written essay, two video questions, and a real-time written response.
Candidates have to complete the application by submitting the application form fee of $195 CAD.
Candidates shortlisted on the basis of their application are called for an online interview.
The successful candidates are given the offer letter.
Master of Financial Risk Management Salary- Average starting salary, with bonuses (Class of 2023) was $83,494
Master of Financial Risk Management Ranking- Rank 1 in Canada according to the QS Business Master’s Rankings 2023
Master of Management Analytics at Rotman School of Management
Master of Management Analytics Admission Important Dates
Particulars | Date |
Round 1 | October 15, 2025 |
Round 2 | January 21, 2026 |
Round 3 | April 15, 2026 (Domestic students only) |
Master of Management Analytics Course Eligibility and Fees
Four-year undergraduate degree or equivalent with mid-B average(equivalent to a 3.0 from the University of Toronto)
Quantitative proficiency-
Evidence of a high level of proficiency (a minimum B average) in quantitative courses that cover subjects is required.
Mastery of mathematics, including, at a minimum, calculus and linear algebra, is essential, as are courses covering probability and statistics.
Where evidence of quantitative proficiency is not obvious, applicants must provide supplemental evidence, for example course outlines, projects or copies of certificates.
Computational proficiency-
A minimum B average in one or more courses in computer science or in courses relying extensively on computer programming.
In cases where evidence of computational proficiency is not obvious, applicants must provide supplemental evidence.
English language proficiency-Any one of the following:
An undergraduate degree from a university at which the language of instruction and examination was English
Minimum TOEFL score of 100 is required, with a minimum of 22 in both writing and speaking.
Minimum IELTS Academic Test with a score of 7.0 with at least 6.5 across all bands
Minimum CAEL CE of 70 total with at least 60 in each part
Course Fee
Particulars | Fee |
Tuition fee (domestic) | CAD $55,200 |
Tuition fee (international) | CAD $85,000 |
Master of Management Analytics Application Process
Meet the eligibility criteria.
Fill the online application form.
Submit academic transcripts, two academic references and a resume.
GMAT/GRE scores are optional.
Appear for a written essay, two video questions, and a real-time written response.
Complete the application by submitting the application form fee of $195 CAD.
Candidates shortlisted on the basis of their application are called for an online interview.
The successful candidates are given the offer letter.
Master of Management Analytics Salary- The average starting salary with bonuses (Class of 2024) was $82,665.
Master of Management Analytics Ranking- Rank 1 in Canada by QS World Rankings for Masters in Business Analytics 2024.
Master of Finance- MFin at Rotman School of Management
Master of Finance Course Eligibility Criteria and Fees
A recognized four-year undergraduate degree: minimum B average in the final year ,
Work experience: 2 years or more of full-time work experience strongly recommended ,
English language proficiency ,GMAT or GRE score
Exemption from GMAT/GRE scores if you meet one of the following criteria:
Passed CFA Level II examination
Graduated with high distinction from the University of Toronto
Passed the UFE/CFE for CA/CPA designation
Obtained professional designation in Engineering (P.Eng) or Actuarial Science (ACIA or FCIA)
Course Fee
Particulars | Fee |
Tuition fee (domestic) | CAD $ 61,200 |
Tuition fee (international) | CAD $ 92,630 |
Even if you’re targeting specialized master’s programs like MFRM, MMA, or MFin at Rotman, GOALisB provides tailored SOP, essay, and interview prep to showcase your strengths. Schedule a call.
Frequently Asked Questions
What are the specialized programs at Rotman?
Rotman MBA Emphases & Specializations
In the MBA programs at Rotman, students can pursue emphases (specialized focus areas) or choose electives that align with certain industries / functions. These help tailor the MBA experience to one’s career goals.
Some of the main emphases / areas of focus include:
Emphasis / Specialization | What It Covers / Ideal For |
Data Analytics & Modeling | |
Finance | |
Global Management | |
Health Sector Management | |
Innovation, Entrepreneurship & Business Design | |
Leadership | |
Marketing | |
Strategy | |
Real Estate | |
Sustainability & Society | Social impact, ESG (environmental, social, governance), sustainable business practices. |
Other Specialized / Unique Programs at Rotman
Beyond emphases, Rotman offers several special MBA formats and joint degrees tailored to specific professional needs.
One-Year MBA – An accelerated track for those with solid business backgrounds, letting them complete the Full-Time MBA in fewer terms.
Master of Management – For high-achieving candidates from non-business backgrounds who want to gain business skills in ~11 months.
Evening & Morning MBA – Part-time formats for working professionals to continue careers while studying.
Global Executive MBA for Healthcare & the Life Sciences – Specialized executive MBA focused on global health / life science sectors.
Rotman-SDA Bocconi Global EMBA – A cross-continent executive program in partnership with Europe (SDA Bocconi) giving exposure across global business hubs.
Joint / Combined Degrees – Opportunities to combine MBA with other disciplines (Law, Medicine, Applied Science & Engineering, Global Affairs, Pharmacy) for interdisciplinary careers.
How much does Rotman Master’s cost?
The tuition for Rotman master’s programs ranges from CAD 55,200 to CAD 136,000, depending on the program and whether the student is domestic or international.
Rotman School of Management (University of Toronto) offers several specialized master’s programs, and tuition varies by program:
Rotman Master’s Program Tuition (2025 intake)
Master of Management Analytics (MMA):
Domestic- CAD 55,200
International- CAD 85,000
Full-Time MBA (2 years):
Domestic- CAD 92,540
International- CAD 139,140
Executive MBA (EMBA):
All students- CAD 124,030 (flat fee including tuition, core materials, meals, and accommodation during modules).
Other specialized master’s like Master of Financial Risk Management (MFRM) and Master of Finance (MFin) fall within a similar CAD 39,850–61,200 range.
Cost Considerations
Tuition usually excludes living expenses in Toronto, which can add CAD 20,000–30,000 annually.
Scholarships and fellowships are available, especially for high-achieving international students.
Thus, the cost of a Rotman master’s degree ranges between CAD 55,200 and CAD 136,000, with the MMA being the most affordable and the MBA/EMBA among the highest in cost.
What are the new programs at Rotman School of Management?
Recent / New Rotman Programs
Program / Offering | Description | Start Date / Notes |
One-Year MBA | ||
Master of Management (MMgt) | ||
Generative AI for Business: Driving Growth & Competitive Advantage | ||
Executive SCM (Supply Chain Management) Program |
Which master’s degree is most in demand in business?
The most in-demand master’s degree in business is the MBA (Master of Business Administration), followed by specialized programs like Master’s in Finance, Business Analytics, and Supply Chain Management, which are rapidly growing due to digital transformation and global market needs.
While the MBA remains the gold standard for leadership and management careers, the rise of data, fintech, and global supply chains has created strong demand for specialized master’s programs.
Most In-Demand Business Master’s Degrees (2025 Trends)
MBA (Master of Business Administration)
Still the most recognized credential globally.
Provides leadership, strategy, and general management skills.
High ROI in consulting, investment banking, tech leadership.
Master’s in Finance (MFin)
Growing demand in investment banking, private equity, asset management, fintech.
Popular in global hubs like New York, London, and Singapore.
Master’s in Business Analytics / Data Analytics
High demand due to AI, big data, and decision science.
Employers seek graduates skilled in Python, SQL, machine learning, and data visualization.
Master’s in Supply Chain Management (MSCM)
Post-pandemic supply chain disruptions have made this degree very valuable.
Growing careers in logistics, procurement, and operations strategy.
Master’s in Accounting (MAcc)
A steady demand due to regulatory compliance and audit needs.
Provides a path to CPA qualification.
Master’s in Marketing (Digital & Brand Management)
Digital transformation, social media, and consumer analytics are driving demand.
Strong career paths in product management, brand strategy, and digital marketing.
Key Insight
MBA → best for general management, leadership, consulting, and entrepreneurship.
Specialized master’s (MFin, Analytics, SCM) → best for targeted technical careers with faster entry into niche roles.
Thus, the MBA is still the most in-demand master’s degree in business, but Finance, Business Analytics, and Supply Chain Management are growing fastest in 2025 due to technological disruption and globalization.
What GPA do you need for a master’s in University of Toronto?
To apply for a master’s degree at the University of Toronto, you generally need a minimum GPA of 3.0 on a 4.0 scale (around B or 73–76%), though competitive programs often expect 3.3–3.7 or higher.
The University of Toronto (U of T) sets baseline requirements, but each graduate program has its own GPA threshold:
General GPA Requirement
Minimum: B average (about 3.0/4.0 GPA or 73–76%) in the final two years of undergraduate study.
Competitive Range: Many programs, especially in Rotman School of Management (MBA, Master of Finance, Master of Management Analytics), prefer GPAs closer to 3.3–3.7+.
Program-Specific Examples
Rotman MBA: Average GPA ~3.5–3.6 among admits.
Master of Management Analytics (MMA): Minimum B average, competitive closer to 3.3+.
Engineering & Science Masters: Some require B+ (77–79%) or higher.
Law & Medicine Graduate Studies: May demand 3.7+ GPA given high competition.
Other Admissions Factors
GMAT/GRE scores (for business programs).
Work experience (MBA, Executive MBA).
Research background & references (for thesis-based masters).
Essays to demonstrate fit.
Thus, you need at least a 3.0 GPA (B average) for most master’s at the University of Toronto, but competitive programs—especially at Rotman and professional faculties—expect 3.3–3.7 or higher.
What is Rotman famous for?
The Rotman School of Management at the University of Toronto is famous for its integrative thinking approach, strong finance and management programs, and being Canada’s number 1 business school with global recognition in MBA and research rankings.
Detailed Answer:
The Rotman School of Management (U of T) is internationally recognized for its academic rigor, innovative teaching, and career outcomes.
What Rotman is Famous For
Integrative Thinking
Pioneered by former dean Roger Martin, this approach trains leaders to solve complex problems by balancing opposing ideas instead of choosing one.
Distinguishes Rotman from other global MBA programs.
Canada’s Top Business School
Consistently ranked number 1 in Canada for MBA, Executive MBA, and research.
Globally recognized in the Financial Times and QS rankings.
Strength in Finance & Economics
Toronto is Canada’s financial hub → Rotman is a leading pipeline to investment banking, consulting, and asset management.
Strong reputation in finance, accounting, and quantitative disciplines.
Innovation & Business Design
Known for programs in entrepreneurship, innovation, and business design.
Partnerships with Creative Destruction Lab (CDL) for startups and venture building.
Diverse Programs
Flagship Full-Time MBA and Executive MBA.
Specialized master’s: MMA (Management Analytics), MFin (Finance), MFRM (Financial Risk Management).
Joint degrees with Law, Engineering, Medicine, and Global Affairs.
Location Advantage – Toronto
Canada’s largest city and financial capital.
Access to top employers in consulting, banking, tech, healthcare, and global corporations.
Thus, Rotman is famous for integrative thinking, world-class finance and management education, and being Canada’s leading business school with global impact.
What is the salary after Rotman MBA?
What the Data Shows
Average Total Salary (inclusive of base, bonus, and other compensation) - $ 121,889
Average Offer - Base Salary- $110,444
Median Offer - Base Salary- $95,000
Average Signing Bonus- $21,854
Median Signing Bonus- $15,000
Key Caveats
These are mostly recent graduates or early post-MBA salaries. With more experience, salaries can increase greatly.
Depends heavily on industry, employer, location (Toronto vs overseas), bonuses, signing offers.
International student salaries may be adjusted for local market rates, tax & cost of living.
Reporting may be biased by which grads report numbers; there is variation within a cohort.
What is the acceptance rate for Rotman Masters?
The acceptance rate for Rotman master’s programs is about 15–25%, with the MBA around 20%, and specialized master’s (like MMA, MFin, MFRM) typically admitting 15–20% of applicants.
Rotman School of Management, University of Toronto, is one of the most selective Canadian business schools. While exact acceptance rates vary by program and year, available data and admissions insights show:
Acceptance Rates by Program
Full-Time MBA: ~20%
Highly competitive; Rotman receives thousands of applications for a few hundred seats.
Master of Management Analytics (MMA): ~15–20%
In high demand due to the global boom in analytics and AI.
Master of Finance (MFin): ~15–20%
Strong finance industry links in Toronto drive high competition.
Master of Financial Risk Management (MFRM): ~15–20%
Specialized and competitive due to limited cohort sizes.
Executive MBA (EMBA): More selective in quality than quantity; admits experienced leaders rather than targeting a specific percentage.
Why Selectivity Is High
Rotman is ranked number 1 in Canada and among the top global business schools.
Toronto is a major hub for finance, consulting, and tech, making Rotman especially attractive to international applicants.
Class sizes are relatively small compared to application volume.
Thus, Rotman master’s programs have an acceptance rate of 15–25%, with the MBA around 20% and specialized programs like MMA and MFin closer to 15–20%, reflecting their high global demand.
Does Rotman need GMAT?
Yes, the Rotman MBA requires a GMAT or GRE score, but some specialized master’s programs (like MMA, MFin, MFRM) may offer GMAT waivers for strong academic or professional backgrounds.
The Rotman School of Management (University of Toronto) uses standardized test scores to evaluate quantitative and analytical readiness, but policies vary by program:
GMAT/GRE Requirements at Rotman
Full-Time MBA
GMAT or GRE required for all applicants.
Median GMAT score of admitted students: ~670–700.
No waiver option unless under extraordinary circumstances (rare).
Executive MBA (EMBA)
GMAT/GRE not typically required.
Admissions focus on work experience (8–10+ years), leadership, and seniority.
Specialized Master’s Programs
Master of Management Analytics (MMA): GMAT/GRE required but waivers possible for candidates with strong quantitative academic backgrounds (e.g., STEM degrees).
Master of Finance (MFin): GMAT/GRE recommended; some applicants with strong finance/accounting undergrad + professional certifications (e.g., CFA, CPA) may qualify for a waiver.
Master of Financial Risk Management (MFRM): Similar to MFin; GMAT can be waived for outstanding candidates.
Key Insight
For the MBA, plan on submitting a GMAT or GRE.
For specialized master’s, check if your academic or professional record (like CFA Level II or a strong STEM GPA) qualifies you for a waiver.
For Executive programs, focus shifts to experience, leadership, and references rather than test scores.
Thus, Rotman requires GMAT/GRE for its MBA and most specialized master’s programs, though waivers are possible for certain candidates in MMA, MFin, and MFRM. The Executive MBA usually does not need GMAT.
How prestigious is Rotman?
The Rotman School of Management (University of Toronto) is considered Canada’s number 1 business school and holds strong global prestige, ranking in the Financial Times Global MBA and QS rankings, especially in finance, consulting, and management education.
Rotman’s prestige comes from a mix of academic reputation, global rankings, employer connections, and alumni impact.
Global Standing
Ranked among the top 100 MBA programs worldwide by the Financial Times and QS Global MBA Rankings.
Known internationally for finance, consulting, and research strength.
Toronto’s position as Canada’s financial capital boosts its brand globally.
Canadian Recognition
Consistently ranked the number 1 business school in Canada, above peers like Ivey (Western), Schulich (York), and Desautels (McGill).
Employers in Canada and globally recognize Rotman as the country’s leading MBA brand.
What Makes Rotman Prestigious
Integrative Thinking – A teaching approach pioneered at Rotman, blending creativity with analytical rigor.
Creative Destruction Lab (CDL) – Globally recognized startup and venture accelerator tied to Rotman.
Strong Placement in Finance & Consulting – Leading feeder into McKinsey, BCG, Bain, Goldman Sachs, and top banks.
Global Partnerships – Exchange programs with elite schools (LBS, INSEAD, Chicago Booth).
University of Toronto Reputation – U of T is ranked consistently among the top 20 universities worldwide, boosting Rotman’s academic prestige.
Perception Among Employers & Alumni
Employers view Rotman MBAs as analytically strong, well-trained in finance/strategy, and adaptable.
Alumni hold leadership roles in business, government, and startups, strengthening its brand equity.
Thus, Rotman is highly prestigious in Canada and well-respected globally, particularly in finance, consulting, and innovation, making it the most recognized Canadian business school on the world stage.
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