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3 Main Master Programs at Rotman School of Business, University of Toronto, Canada

Updated: May 13


1. Masters of Management Analytics

The first application deadline is November 19.


Application Requirements:

Four-year degree

A GPA of at least 3.0 in quantitative courses that cover subjects such as Calculus, Linear Algebra, and Statistics or Econometrics is required. 

Proficient in computer programming.

Minimum TOEFL score of 100 is required, with a minimum of 22 in both writing and speaking, or a minimum IELTS Academic Test with a score of 7.0 with at least 6.5 across all bands.

If you have studied at an English-language university outside of Canada, official confirmation of English as the language of instruction and examination from your university will be required.

Two recommendation forms should be academic, but applicants who are applying with some work experience are welcome to submit one academic and one professional reference.


Duration: 9 months, full-time

Intake: August, one intake per year

Tuition fee (2019 entry): Domestic = $41,400 | CADInternational = $64,580 CAD

Employment rate: 93% (Class of 2019, within three months of graduation)

Ranking: #1 in Canada#8 in North America#17 in the world (QS World University Rankings)


2. Masters of Finance

Application Requirements

Minimum of two years of work experience in finance or a finance-related field strongly recommended.On average applicants have five years of work experience.

A minimum GPA of 3.0 or a mid-B average in the final year of a bachelor’s degree from a recognised university

A GMAT or GRE score must be submitted, unless you hold one of the following:

Candidates who have passed CFA Level II or Candidates who have passed UFE or CFE through the CA designation OR Candidates who graduated from the University of Toronto with high distinction are exempt from the GMAT/GRE entrance requirement

2 work references

1 written essay (250 words), submitted as part of the online application

TOEFL iBT (internet based test) score of 100 overall, with a minimum of 22 on speaking and writing.IELTS score of 7.0

Key Facts

Duration: 20 months - Coursework completed in 16 months.

Delivery: Every Wednesday eveningAlternate Saturdays, full day

Total tuition fee (2019 entry):: Domestic = $61,200 CADInternational = $87,720 CAD 


3. Masters of Financial Risk Management


The first application deadline is November 20, 2019.

Application Requirements

Business, commerce, economics, mathematics, engineering or actuarial science degrees will be preferred, but other 4-year undergraduate degrees will be considered if there is evidence of strong quantitative skills.

A high level of proficiency (a GPA of at least 3.0) in quantitative subjects such as calculus, linear algebra, statistics and econometrics is required.

GMAT / GRE in cases where evidence of quantitative ability is not obvious.

Knowledge of VBA is strongly preferred. 

Minimum TOEFL score of 100 is required, with a minimum of 22 in both writing and speaking, or a minimum IELTS Academic Test with a score of 7.0 with at least 6.5 across all bands. 

Two recommendation forms - both referees should be academic, applicants who are applying to the MFRM with some work experience, are welcome to submit one academic and one professional reference.

1 written essay, 2 video questions and 1 real-time written response

Key Facts

Duration: 10 months, full-time

Intake: September, one intake per year

Tuition fee (2019 entry): Domestic = $39,850 CADInternational = $63,430 CAD 

Employment rate: 94% (Classes of 2017 and 2018) 6 months after graduation

Rankings: #1 in Canada #4 in North America #20 in the world (QS World University Rankings)


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