Management, Rotman School of Management

Faculty Affiliation

Management, Rotman School of Management

Degree Programs

Management

MBA

• Full-Time Master of Business Administration;
  • Emphases (full-time and extended full-time MBA):
    • Data Analytics and Modeling;
    • Finance;
    • Global Management;
    • Innovation, Entrepreneurship, and Business Design;
    • Leadership;
    • Marketing;
    • Strategy;
    • Sustainability and Society
• Extended Full-Time Master of Business Administration (Morning/Evening);
• Executive Master of Business Administration
  • Fields:
    • Global Executive Master of Business Administration (GEMBA): the GEMBA is a field that is only offered as part of the dual degree
      • Dual Degree Program: Global Executive Master of Business Administration (University of Toronto) / Global Executive Master of Business Administration (Universita Commerciale Luigi Bocconi)
    • Global Executive Master of Business Administration for Healthcare and the Life Sciences (GEMBA-HLS)

Finance

MF

Financial Risk Management

MFRM

Management Analytics

MMA

Combined Degree Programs

• STG, Engineering, BASc / Management, MBA
• STG, Law, Juris Doctor / Management, MBA
• STG, Management, MBA / MGA
• STG, Medicine, Doctor of / Management, Full-Time Option, MBA
• STG, Pharmacy, Doctor of / Management, MBA

Collaborative Specializations

The following collaborative specializations are available to students in participating degree programs as listed below:

• Contemporary East and Southeast Asian Studies
  • Management, MBA
• Environmental Studies
  • Management, MBA

Diploma Programs

Professional Accounting

GDipPA

Overview

The Rotman School of Management is a catalyst for transformative learning, insights, and public engagement, bringing together diverse views and initiatives around a defining purpose: to create value for business and society.

The School is located in Canada’s financial, commercial, and cultural capital, and students are trained just blocks from Bay Street, Canada’s business centre. The School takes full advantage of its strategic location by drawing on a rich pool of business leaders as teachers, mentors, and speakers. The School's strong academic reputation and close ties to the business community give graduates an edge in their search for a fulfilling career.

In the classroom, top-ranked faculty provide access to the latest research before it filters into consulting firms and major corporations. Learning at Rotman goes deep — combining a rigorous, model-based approach to decision making with a strong emphasis on personal development. The School attracts people from a wide range of countries and backgrounds and provides them with a learning environment that is safe, welcoming, open, inclusive, and respectful to all.

Contact and Address

Rotman School of Management

Web

General
Full-Time MBA
Morning/Evening MBA
Executive MBA
Global Executive MBA
Global Executive MBA for Healthcare and the Life Sciences
Master of Finance
Master of Financial Risk Management
Master of Management Analytics
Graduate Diploma in Professional Accounting

Telephone

MBA: (416) 978-3499
Morning/Evening MBA: (416) 946-5916
Executive MBA: (416) 946-3022
Global Executive MBA: (416) 946-3022
Global Executive MBA for Healthcare and the Life Sciences: (416) 946-3638
Master of Finance: (416) 946-5916
Master of Financial Risk Management: (416) 978-2230
Master of Management Analytics: (416) 946‐3638
Graduate Diploma in Professional Accounting: (416) 978-2230

Address

Rotman School of Management
University of Toronto
105 St. George Street
Toronto, Ontario M5S 3E6
Canada

Full-Time MBA Program

Program Description

The Full-Time Rotman MBA is an intense program that combines 16 months of academic study with a 4-month opportunity for a paid internship. The program begins with a core curriculum that introduces Rotman's unique problem-solving and creative methodology with the fundamental disciplines of business. Students have the opportunity to customize their MBA experience by choosing to complete an emphasis in one of eight areas, develop a broader skill set with over 90 elective courses, and accelerate their career through the experiential learning component of the Flexible Internship program. As the practice of management evolves over time, so do the elective courses and areas that Rotman offers in any given year.

Students are required to complete the course Applied Management: Placement in conjunction with a work placement which may be done in the Summer, Fall, or Winter sessions. Depending on their academic area of study and career objectives, students will be guided on the best work term option to secure a placement with an employer. Throughout their work placement, students will benefit from enhanced communication with their host employers, tracking of project deliverables, and feedback from faculty supervisors.

Rotman offers three core strategic areas — an innovative curriculum, tailored career services, and the Self-Development Lab — to develop the skills and experiences students need to accelerate in their careers as high-value decision makers and business leaders. Whether their aim is to make a career switch, accelerate their current career, or start their own business, the Rotman MBA enables students to reach their professional and personal goals.

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• An appropriate bachelor's degree from a recognized university.

• Applicants must obtain a satisfactory score on the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE; General Test). Test results are valid for five years.

• If required, completion of the following English proficiency tests:

  • Test of English as a Foreign Language (TOEFL) Internet-based format: overall score of 100 with a minimum of 22 on the writing and speaking sections.

  • International English Language Testing System (IELTS) Academic: score of 7.0 with minimum 6.5 required for each component.

• A minimum of two years of full-time work experience is strongly recommended.

• Two professional references.

• The Full-Time MBA program starts annually in August. Applicants for the Full-Time program are encouraged to apply as per the deadline dates (beginning in October with a final deadline in May).

Program Requirements

• Within this 20-month program (two academic years), students must complete a total of 11.3 full-course equivalents (FCEs) as follows:

  • Students must complete a structured sequence of required courses at the 1000 level. Each course has a weighting of one, two, or three modules. Three-module courses are equivalent to three credit hours. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

  • Complete 0.5 FCE:

    • A full-time internship work placement and RSM1380H Applied Management: Placement, which includes in-class lectures and coursework assessments; or

    • If they are not taking an internship, RSM1381H Applied Management: Independent Study.

  • Complete 6.5 elective FCEs at the 2000 level (equivalent to thirteen 2000-level courses).

  • With the permission of the Academic Director, students may take up to four 2000-level courses from another graduate unit or participate in an international exchange program approved by the Rotman School of Management or the University of Toronto. In all cases, courses selected are subject to the approval of the Academic Director.

  • Students can take two experiential courses, as designated by a course number RSM27XX, for credit (1.0 FCE). For students who take more than two experiential courses, these would not be counted towards the MBA degree requirements. Students should be aware that the following restrictions apply:

    • Students can only take RSM2709H Global Practicum for credit one time.

    • Students can only take one from the following for credit: RSM2702H, RSM2703H, or RSM2760H.

    • Students in combined degree programs with other schools or Faculties at the University of Toronto can take one experiential course for credit (0.5 FCE), unless exemption is granted.

    • Students taking part in an exchange with one of the partner schools for four half credits or more cannot take the experiential learning courses for credit. Students taking part in an exchange with one of the partner schools for three half credits or less can take one experiential learning course (0.5 FCE) for credit.

  • Students have the option of completing an emphasis in Data Analytics and Modeling; Finance; Global Management; Innovation, Entrepreneurship, and Business Design; Leadership; Marketing; Strategy; or Sustainability and Society as part of their degree program. Please see details in the Management MBA Emphases section.

Program Length

5 sessions (2 years) full-time (typical registration sequence: F/W/S/F/W)

Time Limit

3 years

An emphasis is an identified set and sequence of courses that is completed on an optional basis in partial fulfillment of the requirements for the MBA degree. Emphases will be noted on the student official University transcript and, as such, will be useful for signalling skills and knowledge to potential employers. They will also provide guidance to upper-year students on the courses that define a particular discipline, as well as a community of study for those students taking several courses together.

Emphasis: Data Analytics and Modeling (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least two half courses (1.0 FCE) from the list of main courses.

Main Courses

RSM2129H, RSM2401H, RSM2408H, RSM2409H, RSM2506H.

Supplemental Courses

RSM2125H, RSM2209H, RSM2215H, RSM2303H, RSM2405H, RSM2513H, RSM2521H.

Emphasis: Finance (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least two half courses (1.0 FCE) from the list of main courses.

Main Courses

RSM2204H, RSM2209H, RSM2212H, RSM2300H, RSM2302H, RSM2306H, RSM2309H.

Supplemental Courses

RSM2210H, RSM2301H, RSM2303H, RSM2304H, RSM2305H, RSM2307H, RSM2308H, RSM2310H, RSM2312H, RSM2313H, RSM2314H, RSM2315H, RSM2326H, RSM2328H.

Emphasis: Global Management (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least two half courses (1.0 FCE) from the list of main courses.

Main Courses

RSM2011H, RSM2123H, RSM2127H, RSM2701H, RSM2709H.

Supplemental Courses

RSM2018H, RSM2305H, RSM2612H, RSM2616H.

Emphasis: Innovation, Entrepreneurship, and Business Design (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least one half course (0.5FCE) from the list of main courses.

Main Courses

RSM2008H, RSM2012H, RSM2085H, RSM2523H.

Supplemental Courses

RSM2013Y, RSM2054H, RSM2057H, RSM2081H, RSM2314H, RSM2511H, RSM2516H, RSM2517H, RSM2518H, RSM2524H.

Emphasis: Leadership (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least two half courses (1.0 FCE) from the list of main courses.

Main Courses

RSM2601H, RSM2604H, RSM2619H, RSM2620H, RSM2621H.

Supplemental Courses

RSM2211H, RSM2603H, RSM2609H, RSM2618H, RSM2625H, RSM2640H, RSM2705H, RSM2913H, RSM2920H.

Emphasis: Marketing (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least two half courses (1.0 FCE) from the list of main courses.

Main Courses

RSM2504H, RSM2513H, RSM2521H, RSM2522H.

Supplemental Courses

RSM2500H, RSM2505H, RSM2506H, RSM2508H, RSM2511H, RSM2512H, RSM2519H, RSM2525H.

Emphasis: Strategy (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least two half courses (1.0 FCE) from the list of main courses.

Main Courses

RSM2021H, RSM2023H, RSM2052H, RSM2061H.

Supplemental Courses

RSM2011H, RSM2017H, RSM2020H, RSM2057H, RSM2058H, RSM2059H, RSM2062H, RSM2063H, RSM2125H, RSM2309H, RSM2406H, RSM2500H, RSM2609H.

Emphasis: Sustainability and Society (MBA)

MBA students (Full-Time or Extended Full-Time) must successfully complete five half courses (2.5 full-course equivalents [FCEs]) from the following lists, with at least one half course (0.5 FCE) from the list of main courses.

Main Courses

RSM2081H, RSM2313H, RSM2615H.

Supplemental Courses

RSM2019H, RSM2122H, RSM2640H, RSM2702H, RSM2703H, RSM2706H, ENV1707H.

Required Courses to be Completed in Year 1

Weighting for 1000-level courses is determined by the second digit of the four-digit course number as follows:

In addition to the above Year 1 courses, three 2000-level elective courses must also be taken in Year 1.

Required Courses to be Completed After Year 1

Elective Courses for the Full-Time and Morning/Evening MBA Programs

Not all courses are offered every year. Consult the department each session about course offerings.

Extended Full-Time MBA Program (Morning/Evening)

Program Description

The Rotman Morning/Evening MBA programs are designed for working professionals in the Greater Toronto Area. The 32-month, cohort-based format allows working professionals to continue working while studying for their MBA. Students may explore new directions, expand leadership skills, and build close ties with a lifelong network. There are two program options:

• The Morning MBA allows working professionals to complete their master's before work — from 7:00 to 9:00 am, two mornings a week.

• The Evening MBA allows students to get a fresh perspective on real-world challenges from globally renowned faculty after work — from 6:30 to 8:30 pm, two evenings a week.

In the second half of the MBA program, students have the choice to specialize in a career path with a range of electives, including those taught during regular working hours.

Minimum Admission Requirements

• Applicants are considered under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School’s additional admission requirements stated below.

• An appropriate bachelor's degree from a recognized university.

• Applicants must obtain a satisfactory score on the Graduate Management Admissions Test (GMAT) or the Graduate Record Examination (GRE; General Test).

• A minimum of two years of full-time work experience.

• Two professional references.

• Resumé.

• Essays.

• Interview.

• If required, completion of the following English proficiency tests:

  • Test of English as a Foreign Language (TOEFL) Internet-based format: overall score of 100 with a minimum of 22 on the writing and speaking sections.

  • International English Language Testing System (IELTS) Academic: score of 7.0 with minimum 6.5 required for each component.

• The Extended Full-Time (Morning/Evening) MBA programs start annually in August. Applicants are encouraged to apply as per the deadline dates (beginning in the fall with a final deadline in June). Applicants who meet all of the criteria will be assessed by the admissions committee on the basis of grades, standardized test scores, references, essays, professional experience, and a personal interview.

Program Requirements

• This program, designed for working professionals, covers the equivalent of two academic years delivered over a 32-month period.

• Students complete requirements through either the Morning or Evening program options.

• Coursework: students must complete required and elective courses as follows:

  • Required: Students must complete a structured sequence of required courses at the 1000 level. Each course has a weighting of one, two, or three modules. Three-module courses are equivalent to three credit hours. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

  • Elective: 5.0 full-course equivalents (FCEs) at the 2000 level (equivalent to ten 2000-level courses). With the permission of the Academic Director, Morning/Evening MBA Programs, students may take up to five 2000-level courses from another graduate unit or participate in an international exchange program approved by the Rotman School of Management or the University of Toronto. In all cases, courses selected are subject to the approval of the Academic Director, Morning/Evening MBA Programs.

• With the permission of the Academic Director, students may take up to four 2000-level courses from another graduate unit or participate in an international exchange program approved by the Rotman School of Management or the University of Toronto. In all cases, courses selected are subject to the approval of the Academic Director.

• Students can take two experiential courses, as designated by a course number RSM27XX, for credit (1.0 FCE). For students who take more than two experiential courses, these would not be counted towards the MBA degree requirements. Students should be aware that the following restrictions apply:

  • Students can only take RSM2709H Global Practicum for credit one time.

  • Students can only take one from the following for credit: RSM2702H, RSM2703H, or RSM2760H.

  • Students taking part in an exchange with one of the partner schools for four half credits or more cannot take the experiential learning courses for credit. Students taking part in an exchange with one of the partner schools for three half credits or less can take one experiential learning course (0.5 FCE) for credit.

• Students are not eligible to take a combined degree program.

• Students have the option of completing an emphasis in Data Analytics and Modeling; Finance; Global Management; Innovation, Entrepreneurship, and Business Design; Leadership; Marketing; Strategy; or Sustainability and Society as part of their degree program. Please see details in the Management MBA Emphases section.

Program Length

8 sessions (3 years) (typical registration sequence: F/W/S/F/W/S/F/W)

Time Limit

3 years

Required Courses

Weighting for 1000-level courses is determined by the second digit of the four-digit course number as follows:

Elective Courses

Shared with the full-time MBA program. See the full-time MBA course section.

Executive Master of Business Administration

Program Description

The Rotman One-Year Executive MBA provides mid-to-senior working professionals and entrepreneurs who have management experience with the business knowledge and leadership skills they need to take their careers to the next level. The innovative 13-month curriculum, taught by world-class faculty, is focused on developing senior management strategy, decision-making, and leadership skills.

Classes take place every other Thursday night, Friday, and Saturday, with four week-long residential modules spread throughout the program so that students maximize the learning experience while minimizing time away from work.

Minimum Admission Requirements

• Applicants are considered under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• Admission is restricted to applicants with current full-time employment and significant professional work and managerial experience:

  • 8+ years of full-time work experience.

  • 3+ years in a mid-to-senior management role.

• Demonstrated teamwork and leadership skills.

• People and/or project management experience.

• Admissions interview.

• A recognized undergraduate degree or equivalent.

• Applicants must obtain either a satisfactory score for the Executive MBA Diagnostic Tool (EDT), the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE; General Test).

• If required, completion of the following English proficiency tests:

  • Test of English as a Foreign Language (TOEFL) Internet-based format: overall score of 100 with a minimum of 22 on the writing and speaking sections.

  • International English Language Testing System (IELTS) Academic: score of 7.0 with minimum 6.5 required for each component.

• Applicants who meet all the minimum admission requirements will be assessed by the admissions committee on the basis of grades, standardized test scores, references, essays, professional experience, and a personal interview.

Program Requirements

• Within this 13-month program:

  • Students must complete 23 courses, including the set of 14 core courses, with an accumulated credit weighting of 11.50.

  • Students must complete a structured sequence of courses. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

  • With the permission of the Academic Director, students in good standing may apply to participate and take up to one course in an international exchange program approved by the University of Toronto. Courses selected are subject to the approval of the Academic Director.

Program Length

4 sessions (13 months) full-time (typical registration sequence: F/W/S/F)

Time Limit

3 years

Required Courses

Core Courses

Non-core Courses

At the discretion of the Academic Director and the Vice-Dean, MBA Programs, up to four of the non-core courses may be substituted with elective courses from the list of electives offered for the Full-Time MBA and Extended Full-Time MBA (Morning/Evening) Programs. Students may also substitute up to two of the non-core courses with elective courses offered for the Global Executive Master of Business Administration (GEMBA) field. Note that the GEMBA field is only offered as part of the dual degree with Bocconi University. Available GEMBA electives vary each year. Courses will be communicated to students upon program start.

Dual Degree Program: Global Executive Master of Business Administration (University of Toronto / Bocconi University)

Program Description

The Global Executive MBA (GEMBA) field may only be taken as part of a dual degree offered by the University of Toronto’s Rotman School of Management and Bocconi University’s SDA Bocconi School of Management. This offering is commonly referred to as the "Rotman-SDA Bocconi Global Executive MBA."

Spanning 18 months and seven business centres across four continents, the program accepts applications from full-time professionals in for-profit businesses, not-for-profit enterprises, research institutes, and entrepreneurial ventures from around the globe. The Rotman-SDA Bocconi GEMBA will change the way students think, network, and do business in some of the world’s largest markets: North America, East Asia, South Asia, Europe, and Latin America.

Upon successful completion of the degree requirements of both programs, students will receive an MBA from the Rotman School and a Global Executive MBA from SDA Bocconi.

Contact

www.rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/GEMBA
www.sdabocconi.it/en/mba-executive-mba/global-executive-mba

Rotman-SDA Bocconi Global Executive MBA Program
Rotman School of Management, University of Toronto
Email: gemba@rotman.utoronto.ca

Rotman-SDA Bocconi Global Executive MBA Program
SDA Bocconi School of Management, Bocconi University
Email: info@sdabocconi.it

Application Process

• Applicants may apply to either the Rotman School or SDA Bocconi.

• Applicants applying through Rotman must submit their application online.

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• Five years of work experience with a minimum of two years at the management level (people, project, and/or budget management experience).

• Recognized undergraduate degree or equivalent.

• Applicants must obtain a satisfactory score for one of the following tests: the Rotman Executive Diagnostic Test (EDT), the SDA Bocconi diagnostic test, the Graduate Management Admission Test (GMAT), or the Graduate Record Examination (GRE; General Test). Test results are valid for five years. For further details, contact the admissions office.

• If required, completion of the following English proficiency tests:

  • Test of English as a Foreign Language (TOEFL) Internet-based format: overall score of 100 with a minimum of 22 on the writing and speaking sections.

  • International English Language Testing System (IELTS) Academic: score of 7.0 with minimum 6.5 required for each component.

• Current full-time employment.

• Ability to work in international teams and demonstrated leadership skills.

Program Requirements

Students complete 10 modules of between 5.5 and 8.5 days each, held in various cities. Within this 18-month dual degree program:

• Students must complete 26 courses worth 12.25 full-course equivalents (FCEs) consisting of 24 required courses and 2 electives. The 2 electives may be taken through the Rotman School, or SDA Bocconi, or exchange partner schools (with courses at the latter pre-approved by the program Academic Directors). The available Rotman electives will be communicated approximately 4 to 6 months before the summer elective period (July and August).

• See the list of required Rotman courses.

Program Length

5 sessions (18 months) full-time (typical registration sequence: F/W/S/F/W)

Time Limit

3 years

Courses in this dual degree program follow the approved grading scale of High Honours/Honours/Pass/Low Pass/Fail, unless otherwise noted.

Required Courses for the Dual Degree Program, Global Executive MBA

⁰ Course that may continue over a program. The course is graded or credit is given when completed.

Elective Courses

The available Rotman electives will be communicated approximately 4 to 6 months before the summer elective period (July and August).

Field: Global Executive Master of Business Administration for Healthcare and the Life Sciences

Program Description

The intensive 18-month Global Executive MBA for Healthcare and the Life Sciences (GEMBA-HLS) is designed for working professionals in the healthcare and life sciences industries. This field of study immerses students in key healthcare and life sciences clusters around the world. By learning from leading faculty and experienced sector leaders, students gain the knowledge and skills needed for success. While exploring current and future best practices globally, students are guided through an in-depth assessment of their own capabilities with a view to becoming more impactful leaders.

Over the 18 months of the program, students will partake in six international modules in some of the world's key healthcare and life sciences markets (currently three in Toronto, and one each in the San Francisco Bay area; London, U.K.; and Singapore). The program is delivered in a blended model, primarily face-to-face, supplemented with online learning. It leverages the strengths of the Rotman School, as well as relationships with the University of Toronto and the global healthcare and life sciences communities. Located on the edge of Toronto's medical discovery district, Rotman is uniquely positioned to play a leading role in the management innovations taking place in pharmaceuticals and biotechnology, medical technology, medical informatics, telemedicine, insurance, patient engagement, long-term care, and health system design.

Minimum Admission Requirements

• Applicants are considered under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• Admission is restricted to applicants with significant professional work and managerial experience in healthcare or the life sciences:

  • 8+ years of full-time work experience.

  • 3+ years in a mid-to-senior leadership, management, or administrative role (or equivalent).

  • Demonstrated teamwork and leadership skills.

• A base of knowledge of healthcare or life sciences organizations.

• Evidence of academic achievement.

• Applicants must obtain either a satisfactory score for the Rotman Executive MBA Diagnostic Tool (EDT), the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE; General Test). Test results are valid for five years. See further details or contact the admissions office.

• If required, completion of the following English proficiency tests:

  • Test of English as a Foreign Language (TOEFL) Internet-based format: overall score of 100 with a minimum of 22 on the writing and speaking sections.

  • International English Language Testing System (IELTS) Academic: score of 7.0 with minimum 6.5 required for each component.

• Applicants who meet all the minimum admission requirements will be assessed by the admissions committee on the basis of grades, standardized test scores, references, essays, professional experience, and a personal interview.

• Please note that special program fees apply for this program.

Program Requirements

• Within this 18-month program, students must successfully complete a structured sequence of 23 courses with an accumulated credit weighting of 11.50. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

• One or more of the course(s) may be substituted with course(s) offered in the regular MBA program at the discretion of the Academic Directors.

• The Global Executive MBA for Healthcare and the Life Sciences follows a blended model of delivery; i.e., a mix of face-to-face and online. It is offered during six residential modules (of between 7 and 11 days each) and study periods, held in various cities. Supplemental curriculum hours are delivered online.

Program Length

5 sessions (18 months) full-time (typical registration sequence: F/W/S/F/W)

Time Limit

3 years

Required Courses

*At the discretion of the Academic Director and the Vice-Dean, MBA Programs, up to four of these courses may be substituted with courses from the list of electives offered for the Full-Time MBA and Extended Full-Time MBA (Morning/Evening MBA) Programs.

⁰ Course that may continue over a program. The course is graded when completed.

Master of Finance

Program Description

The Master of Finance (MF) program provides the most in-depth theoretical and applied finance training currently available. Aimed at experienced working professionals, the program is delivered on Wednesday evenings and alternating Saturdays over 20 months. This enables students to advance their career without leaving work, and be able to apply the knowledge learned in the classroom immediately in the workplace. Students come from a variety of backgrounds such as financial risk, portfolio management, corporate finance, equity research, accounting, sales and trading, insurance, pensions, and legal settings.

From September 2021 through June 30, 2024 (two academic years), the MF program is offered via dual delivery. Students may choose to attend class in-person or online.

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• An appropriate bachelor's degree from a recognized university.

• A satisfactory score on the Graduate Management Admissions Test (GMAT) or GRE (Graduate Record Examination; General Test). Exemptions from the GMAT/GRE requirement are granted to applicants who have:

  • Passed the Common Final Exam (CFE) (or former UFE) for a Certified Professional Accountant (CPA) designation.

  • Passed at least the Level II examination of the Chartered Financial Analyst (CFA) designation.

  • Graduated from the University of Toronto with high distinction (cumulative grade point average of 3.5 or higher).

  • Attained the professional designation in Engineering (PEng) or in Actuarial Sciences (ACIA or FCIA).

• At least two years of full-time work experience in finance or a finance-related field is strongly recommended. Applicants who do not have the recommended work experience will be considered on a case-by-case basis, particularly if accompanied by demonstrated exceptional academic and professional potential.

• Applicants who meet all the criteria will be assessed on the basis of their application essay, grades, standardized graduate test scores, references, and professional experience by the admissions committee. Prospective students will then be invited for an admission interview. The admission decision will be based on both submitted materials and interview performance.

Program Requirements

• Within this 20-month program (two academic years):

  • Students must complete a structured sequence of 5.75 full-course equivalents (FCEs) (11.5 half-course equivalents) taken over five sessions. No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

Consult the departmental website for course descriptions.

Program Length

5 sessions (2 years) full-time (typical registration sequence: F/W/S/F/W)

Time Limit

3 years

Master of Financial Risk Management

Program Description

The Master of Financial Risk Management (MFRM) is designed to prepare students who excel at finance and quantitative analysis for careers in this in-demand sector. A bridge between academic and professional life, this full-time, ten-month program allows students to fast-track into the finance industry — giving them a competitive edge over applicants with only an undergraduate degree.

Students will gain a better understanding of the different types of risk, the regulatory environment, and how different financial institutions manage uncertainty. They consider the ways risk is measured and managed, looking at systems and models currently used within the financial sector.

Students have the opportunity to gain real-world experience during the Risk Management Project which takes place midway through the program. They will work on a real risk issue that is relevant and of interest to financial institutions. During the nine-week project, students will be taken out of the classroom and into industry, working with practising risk management professionals.

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• A recognized four-year undergraduate degree or equivalent: A business, commerce, economics, mathematics, engineering, or actuarial science degree is preferred. However, other four-year undergraduate degrees will be considered if there is evidence of strong quantitative skills with a minimum B average in calculus, linear algebra, and statistics or econometrics.

• Quantitative proficiency, usually demonstrated through the completion of university-level courses with a minimum B average, in calculus, linear algebra, and statistics and/or econometrics during the undergraduate degree.

• Two academic references.

• Essays (written essay, video questions, and real-time written response).

• English-language proficiency (if required).

• Prerequisite knowledge in the following areas, usually demonstrated through the completion of university-level courses:

  • Foundations of finance.

  • Financial accounting.

  • Investments.

  • Financial derivatives.

  • Applicants who have not completed courses in one or more of these subject areas may be offered admission conditional on successful completion of one or more qualifying examinations demonstrating equivalent knowledge.

• Demonstrated knowledge of Python coding. All offers of admission will be conditional upon the successful completion of a Python coding online course and examination. Applicants will be given access to online instruction modules in preparation for the examination and will have up to two attempts prior to the start date of the program.

• Applicants who meet all the criteria will be assessed on the basis of their application essays, answers to video questions, grades, and references by the admissions committee. Selected applicants will then be invited for an admission interview. The admission decision will be based on both submitted materials and interview performance.

Program Requirements

Within this ten-month, full-time program (three sessions), students must complete a structured sequence of 11 half courses (5.5 full-course equivalents [FCEs]). No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program. The courses in the program are as follows:

Program Length

3 sessions full-time (typical registration sequence: F/W/S)

Time Limit

3 years full-time

Master of Management Analytics

Program Description

The professional Master of Management Analytics (MMA) degree program offers a curriculum that combines analytical depth with a focus on business issues and applications. Analytical depth is provided by courses on acquisition and structuring of data, predictive and prescriptive analytics, machine learning, artificial intelligence (AI) and deep learning, decision analysis, and simulation modelling. Courses applying analytics to business feature the use of analytics in marketing, operations, supply chain management, accounting, and finance. Students are exposed to real-life application of management analytics through the analytics practicum.

The MMA degree program is offered over 11 months using a cohort-based model. Students must complete a sequence of 13 half-course equivalents (6.5 full-course equivalents [FCEs]) on a full‐time basis. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program. The MMA is designed for pre-experience graduates.

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy the Rotman School's additional admission requirements stated below.

• Appropriate four-year undergraduate degree or equivalent: Given the nature of the MMA program, degrees in Computer Science, Statistics, Mathematics, Engineering, Physical Science, Economics, and Commerce will be preferred, but degrees from any program where there is a significant quantitative and computational component will be considered.

• Quantitative proficiency: Evidence of a high level of proficiency (a minimum B average) in quantitative subjects is required. Mastery of mathematics is essential including, at a minimum, calculus and linear algebra, as are courses covering probability and statistics. In cases where evidence of quantitative proficiency is not obvious, applicants must provide supplemental evidence.

• Computational proficiency: Demonstrated proficiency in computer programming. This may be demonstrated through 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: Applicants must demonstrate the ability to communicate in English in one of the following ways:

  • An undergraduate or graduate degree from a university at which the language of instruction and examination was English.

  • Applicants whose primary language is not English and who graduated from a university where the language of instruction is not English must achieve a Test of English as a Foreign Language (TOEFL) score of at least 100. The International English Language Testing System (IELTS) may be considered in special circumstances with a minimum score of 7.0 required.

• Two academic references.

• Essays (written essay, video questions, and real-time written response).

• All successful applicants are expected to demonstrate effective oral and written communication skills.

• Demonstration of academic ability; a high Graduate Management Admission (GMAT) or Graduate Record Examination (GRE) score is encouraged, though it is not mandatory.

• Applicants who meet all the criteria will be assessed on the basis of their application essays, answers to the video questions, grades, and references by the admissions committee.

• Selected applicants will then be invited for an admission interview. The admission decision will be based on both submitted materials and interview performance.

Program Requirements

• Students must be on campus by early to mid-August.

• Within this three-session program, students must complete a sequence of 6.5 full-course equivalents (FCEs) (13 half-course equivalents). No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program.

  • 5.0 FCEs (10 half-course equivalents) are mandatory for all MMA students and are completed as a structured sequence of courses as follows:

  • Course Code	Course Title
    RSM8411H	Structuring and Visualizing Data for Analytics
    RSM8413H	Machine Learning Analytics
    RSM8414H	Tools for Probabilistic Models and Prescriptive Analytics
    RSM8431Y0	Analytics Colloquia
    RSM8432H0	Management Analytics Practicum
    RSM8502H	Data-Based Management Decisions
    RSM8512H	Modeling Tools for Predictive Analytics
    RSM8521H	Leveraging AI and Deep Learning Tools in Marketing
    RSM8901H	Analytics in Management

  • 1.5 FCEs (3 half-course equivalents) chosen from the following list. Note: not all electives are offered each year.

  • Course Code	Course Title
    RSM8001H	Causal Identification for Management Analysis (prerequisites: RSM8411H, RSM8413H, RSM8414H, RSM8512H)
    RSM8224H	Analytic Insights Using Accounting and Financial Data
    RSM8301H	Machine Learning Applications in Finance (prerequisites: RSM8411H, RSM8413H, RSM8414H, RSM8512H)
    RSM8415H	Service Analytics for Management Analysis (prerequisites: RSM8411H, RSM8413H, RSM8414H, RSM8512H)
    RSM8423H	Optimizing Supply Chain Management and Logistics
    RSM8522H	Analytics for Marketing Strategy

Program Length

3 sessions full-time (typical registration sequence: F/W/S)

Time Limit

3 years full-time

⁰ Course that may continue over a program. The course is graded when completed.

Graduate Diploma in Professional Accounting

Program Description

The Rotman Graduate Diploma in Professional Accounting (GDipPA) is an excellent way to gain advanced standing in the pursuit of a Chartered Professional Accountant (CPA) certification. This 12-week summer program deepens knowledge of accounting while satisfying four modules of the CPA Professional Education Program (CPA PEP). The program helps prepare students for the Common Final Examination (CFE) and allows them to advance straight to the Capstone 1 module in the CPA PEP.

The program takes advantage of the depth of accounting expertise at the Rotman School as well as its long-standing commitment to professional accounting education.

Minimum Admission Requirements

• Applicants are admitted under the General Regulations of the School of Graduate Studies. Applicants must also satisfy additional admission requirements stated below.

• Admission to the program is available to students in Year 4 or to recent graduates of the following University of Toronto undergraduate programs:

  • Rotman's Bachelor of Commerce (Accounting Specialist).

  • University of Toronto Mississauga's Bachelor of Commerce (Accounting Specialist).

  • University of Toronto Scarborough's Bachelor of Business Administration (Specialist in Management and Accounting).

• University of Toronto students who are not currently completing one of the accounting specialist programs are required to take specific courses to be considered as applicants to the GDipPA program.

• Applicants from outside the University of Toronto: The accreditation that the University of Toronto has received from CPA Ontario specifies that only candidates with University of Toronto degrees, or equivalent, may be given advanced standing in the CPA Professional Education Program (PEP). In determining whether a degree from another Canadian university is equivalent, the admissions committee will review each submitted application individually. Prior to applying, applicants are encouraged to ensure that the courses they have taken meet the requirements for entry into CPA PEP.

• Course requirements:

  • Successful completion of all the courses required for entry into the CPA Professional Education Program (CPA PEP) as determined with CPA Ontario:

    • Required core courses: a minimum overall average of 70%.

    • Each individual core course: a minimum grade of 60%.

    • Each individual non-core course: a passing grade or 50%, whichever is higher.

• Applicants who meet all the criteria will be assessed on the basis of their application package and grades by the admissions committee. Selected applicants may be invited for an admission interview.

Program Requirements

Students must complete a structured sequence of 2.5 full-course equivalents (FCEs) (five half courses). No advanced standing will be granted for previous academic work completed or professional designations earned. Students who are unable to follow courses in their prescribed order must attain special approval from the Academic Director in order to continue in the program. The courses in the program are:

Program Length

1 session full-time (typical registration sequence: S)

Time Limit

2 years