Rotman School Of Management For MBA In Canada
An MBA degree has become one of the most sought after post-graduation courses for students all over the world. There are a number of top colleges in Canada that have internationally renowned MBA programs. These programs are open for international as well as local Canadian applicants. One of the leading B-Schools among these top MBA colleges is the Rotman School of Management of the University of Toronto.
Introduction To The School
The origin of Rotman School of Management was established in 1901 with the inauguration of a diploma program in Commerce. The program started under the faculty of arts. With its outset, it flourished to become one of the best colleges in Canada for MBA programs. The school provides a number of graduate and undergraduate programs apart from its MBA courses. There are various doctorate level programs also available for the students. Rotman School has expanded with various new facilities worth almost $91.8 million. This has made possible to accommodate a lot of extra space for the students. The new infrastructural development is environmentally friendly with a number of classrooms, conference rooms, and more.
Toronto As A Study Location
The best thing about Rotman School’s location is its proximity to Canada’s business center in Bay Street. The school’s location in downtown Toronto provides a lot of beneficial exposure for students to connect with surrounding businesses. These businesses can prove as an effective means for students to gather hands-on experience in the industry through part-time jobs and internships.
Ranking Among Top MBA Colleges In Canada
Canadian universities have become a preferable option for MBA aspirants. Many students pursue MBA degree programs with the best college in Canada. Among these internationally recognized business schools Rotman School of Management at the University of Toronto was ranked at number 1 college in Canada in the QS Global MBA Ranking of the year 2020. It is on par with some of the world-leading colleges in its MBA program curriculum, features, and faculties.
Available MBA Programs At Rotman School Of Management
Just like some of the best colleges in Canada, Rotman School of Management provides a variety of MBA program options for the students. Depending on the eligibility criteria and qualifications MBA aspirants can choose and apply for any of these available courses.
Full-time MBA: The full-time MBA program is the basic 2-year long program that provides exposure to students in excelling with various MBA specializations.
The school provides a number of pre-courses for the students which are optional. Students can choose one of these to improve the skills necessary for the course. These include some of the following pre-course options:
Some of the available majors for MBA in Rotman School are as follows:
Health sector Management
Human Resources Management
Innovation and entrepreneurship
Risk management and financial engineering
Part-time Or Morning/Evening MBA: There are students who prefer to pursue their MBA dreams while continuing their career prospects. These working professionals can choose the part-time MBA course also known as the Morning/Evening MBA. With this course, it is possible for students to continue working while completing their graduate studies.
Executive MBA: For all the mid-to-senior level professionals Rotman School of Management provides the Executive MBA Program which lasts for 13 months. It gives the business professionals to expand their knowledge and skills while continuously applying them in their careers. It brings professionals from a number of countries on a common platform opening the opportunities for networking and growth.
Global Executive MBA: An important aspect of gaining excellence in the field of management is international exposure. The Rotman School brings this opportunity for MBA aspirants with the 18month long Global Executive MBA or GEMBA. The program is organized as a result of collaboration with SDA Bocconi School of Management in Milan, Italy. The program takes its students to four continents for a complete transformation of outlook towards management. This program is the true image of how versatile and broad an MBA degree and its specializations can get.
Understanding The Program Eligibility Criteria
Rotman School of Management has some of the following eligibility criteria that are necessary for admission into the full-time MBA program. Certain criteria may differ for the various MBA programs offered at Rotman School. It is possible to understand admission requirements in detail by visiting the program pages of the B-School website.
Undergraduate Degree Requirement: The program requirements specify the requirement for a bachelor’s or an equivalent degree from any internationally recognized institution. The students need not provide the official transcripts at the time of application submission. However, the official transcripts are required directly from the institute on confirmation of admission. A GPA of 3 out of 4 is required in the final year of the undergraduate degree. An overall grade of B or equivalent is acceptable.
GMAT/GRE Score Requirements: It is necessary for applicants to provide either GMAT or GRE scores for their application. However, there are no minimum score requirements to establish eligibility.
English Proficiency Exam Scores: If the applicant is not from a country where English is the primary language he or she needs to provide scores of an English proficiency exam. The minimum requirement for IELTS is a band 7 with no less than 6.5 in each section. In the case of TOEFL the minimum score required is 100 overall with at least 22 in speaking and writing.
Work Experience Requirement: The B-school recommends the applicant to have at least a 2-year work experience as a full-time employee in any relevant sector.
Reference From Professional Supervisors: The application requires the applicant to provide two professional referees. These can be supervisors, mentors, or managers at current employer companies, previous employer companies, or academic institutions.
Admission Essay and Video Interview: The admission essay is an important component of the application. It is essential for the applicant to underscore all of their strengths, weaknesses, skills, and aspirations to paint a resilient and adroit picture of their personality. A video interview is also required by the application. The detailed regulations for these can be found on the program page of the college website.
Insight Into Costs And Student Expenses
The complete University of Toronto fees for the MBA programs at Rotman School of Managements includes the academic fee, Rotman ancillary fee, and university incidental fee. On average the total academic fee for Canadian students is $92,500 while for international students it is $120,680. Apart from these, the students would also require funds for other expenses like textbooks, accommodation, food, transportation, and other personal expenses.
There are various financing options for the students to cover up the above-mentioned expenses. There are fellowship programs, numerous scholarships, student loans, internships, and part-time employment options. With the help of these financial aids, students can manage to easily pay for their academic fees and other expenses. Many of the scholarships also consider international applicants for the benefits of scholarships and fee waivers.
It is important to check the annual financial aid schedule to make sure the student can apply for any necessary financial options that they are eligible for.
Career Opportunities After A Rotman MBA
For holistic skill development, it is important for incorporating exposure to a business environment. This is where the 4-month internship opportunity makes Rotman School of Management a top-ranking college in Canada. The flexible internship program at this B-school provides a foundation for personal and professional growth for the students. The added working experience through an internship can help in enhancing the student’s profile. This can enable him or her to land promising jobs through campus recruitment programs.
The renowned network of potential recruiters with Rotman School of Management makes it one of the top MBA colleges in Canada. Some of the industry-leading enterprises and businesses recruit recent graduates from the MBA programs of Rotman School. The career center pays close attention to creating an effective recruitment strategy for the students so that maximum students can land attractive jobs with the completion of their degrees.