Management, Rotman School of Management

​​​​​​​F​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​aculty Affiliation

Management, Rotman School of Managemen​t

Degree Programs

Management

Finance

Financial Risk Management

​Combined Degree Programs

​Collaborative Specializations

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

1. Contemporary East and Southeast Asian Studies
   • Management, MBA
2. Environmental Studies
   • Management, MBA​

Diploma Programs

Overview

The Rotman School of Management has all the advantages of its global peers plus a bold vision of business education. Rotman's unique approach to problem solving transforms leadership potential and helps students tackle global business challenges today and into the future. The School's innovative methodology—characterized by Integrative Thinking and Business Design—will allow students to engage in the challenging problems of the modern economy.

The Rotman 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. Rotman is ideally positioned to help students connect with top employers from Canada, the US, and around the world. The School's strong academic reputation and close ties to the business community give graduates an edge in their search for a fulfilling career.

Students gain exposure to some of the world's leading business thinkers. In the classroom, top-ranked faculty will provide access to the latest research before it filters into consulting firms and major corporations. Students are challenged and motivated to excel by the high calibre of their classmates—peers who will provide a lifetime network of friends and business contacts. The School attracts people from a wide range of countries and backgrounds, and aims to provide a study environment that is safe, welcoming, open, inclusive and respectful to all.

Contact and Address

Rotman School of Management

Web

General: www.rotman.utoronto.ca
Full-Time MBA: www.rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/FullTimeMBA
Morning and Evening MBA: www.rotman.utoronto.ca/ME-MBA
Executive MBA: www.rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/ExecutiveMBA.aspx
Global Executive MBA: www.rotman.utoronto.ca/Degrees/MastersPrograms/MBAPrograms/GlobalEMBA.aspx
Master of Finance: www.rotman.utoronto.ca/Degrees/MastersPrograms/MasterOfFinance.aspx​​
Master of Financial Risk Management: www.rotman.utoronto.ca/Degrees/MastersPrograms/MFRM​
Graduate Diploma in Professional Accounting: ​www.rotman.utoronto.ca/Degrees/GDPA.aspx​​​

Telephone

MBA: (416) 978-3499
Morning and Evening MBA: (416) 946-5916
Executive MBA: (416) 946-3022
Global Executive MBA: (416) 946-3022
Master of Finance: (416) 946-5916
Master of Financial Risk Management: (416) 978-2330
Graduate Diploma in Professional Accounting: (416) 978-2330

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 specialize in a particular interest through 14 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.

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

• 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 the set of required Year 1 ​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). These courses include the required internship (RSM 1380H) or independent study (RSM 1381H).

  • Complete 0.5 full-course equivalent (FCE):

    • ​a full-time internship work placement and RSM 1380H Applied Management: Placement, which includes in-class lectures and coursework assessments; or

    • if they are not taking an internship, RSM 1381H Applied Management: Independent Study.

  • Complete 4.5 elective FCEs at the 2000 level (equivalent to nine 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. The number of majors and electives in the program is always subject to change

Program Length

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

Time Limit

3 years

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:

Second-Digit Course Weight

Required Courses to be Completed Any Time After Year 1

Year 2 ​Elective Courses for the Full-Time MBA Program

Consult the department each session about course offerings.

Extended Full-Time MBA Program (Morning and Evening)

Program Description

The Rotman Morning or Evening MBA programs are designed for working professionals in the Greater Toronto Area. The 32-month, cohort-based format allows working professionals to continuing 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:

1. The Morning MBA lets working professionals complete their master's before work—from 7:00 to 8:59 am, two mornings a week.

2. 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). Test results are valid for five years.

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

• The Extended Full-Time (Morning and 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.

• There are two sections in the Morning and Evening MBA programs. The Morning section holds classes twice a week from 7:00 am to 8:59 am; the Evening section holds classes twice a week from 6:30 pm to 8:30 pm.

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

  • Required: 1000-level and 2000-level courses as set out in the required courses chart. 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).

  • Elective: 4.0 full-course equivalents (FCEs) at the 2000 level (equivalent to eight 2000-level courses). With the permission of the Academic Director, Morning and 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 and Evening MBA Programs.

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:

Second-Digit Course Weight

Elective Courses

Consult the department each session about course offerings.

​Executive Master of Business Administration

Program Description

The Rotman One-Year Executive MBA provides senior working professionals with 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 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 significant professional work and managerial experience.

• 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). Test results are valid for five years. For further details, refer to the website or contact the program office.

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

Program Requirements

• Within this 13-month program:

  • Students must complete 23 courses, including the set of 13 required courses, with an accumulated credit weighting of 11.25.

  • *At the discretion of the Academic Director and the Vice-Dean, Professional 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 and Evening) Programs. 

  • 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.

  • The Executive MBA is offered on Fridays and weekends every other week, plus four week-long residential modules and study periods.

Program Length

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

Time Limit

3 years

*At the discretion of the Academic Director and the Vice-Dean, Professional 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 and Evening) Programs.

Elective Courses for the Full-Time MBA and Extended Full-Time MBA (Morning and Evening) Programs

Consult the department each session about course offerings.

​​Omnium Global Executive Master of Business Administration

Program Description

Over 18 months, the Rotman Global Executive MBA program travels to five continents, exposing students to some of the world’s most exciting markets. The program allows the flexibility to maintain a career in a home country while earning a global executive MBA. International senior managers participate in two-week residential modules in key business centres, with a strong focus on emergent economies. Module destinations include: North America, East Asia, South Asia, Europe, the Americas, the Middle East, and Africa. Students will build a network of international contacts, learn invaluable tools to advance their careers, and gain the ability to tackle the global business challenges of the future.

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.

• 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). Test results are valid for five years. For further details, refer to the website or contact the program office.

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

Program Requirements

• Within this 18-month program:

  • Students must complete 23 courses, including the set of 13 required courses, with an accumulated credit weighting of 11.25.

  • *At the discretion of the Academic Director and the Vice-Dean, Professional 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 and Evening MBA) Programs. 

  • Students complete six two-week, international modules at various international locations which are subject to change. For further details, please refer to the website or contact the program.

  • The curriculum is closely aligned with courses offered in the Executive MBA program. Between modules, participants continue their academic work by utilizing our electronic learning tools.

  • For details on visa and travel requirements to fulfil the international modules, visit the website.

Program Length

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

Time Limit

3 years

*At the discretion of the Academic Director and the Vice-Dean, Professional 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 and Evening MBA) Programs.

Elective Courses for the Full-Time MBA and Extended Full-Time MBA (Morning and Evening) Programs

Consult the department each session about course offerings.

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. 

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.

• Satisfactory score on the Graduate Management Admissions Test (GMAT) or GRE (Graduate Record Examination; General Test). Students who have passed the Uniform Evaluation (UFE) or all three levels of the Chartered Financial Analyst (CFA) designation prior to the application deadline are exempt from the GMAT/GRE requirement. Exemptions from the GMAT requirement are granted to applicants who have graduated from the University of Toronto with high distinction (cumulative grade point average of 3.5 or higher).

• At least two years of full-time work experience in finance are required. In special circumstances, other substantial experience will be considered in lieu of the work experience in finance, but only when 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, video essay, 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 pe​rformance.

Program Requirements

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

  • Students must complete a structured sequence of 14 courses taken over five sessions (including Summer). No advanced standing will be granted for previous academic work completed or professional designations earned.

  • Students may be required to do some pre-program studies during the summer prior to the start of the program, depending on background preparation.

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, eight-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 two-month project, students will be taken out of the classroom and into industry, working in-house with practicing 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.

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

  • ​Introductory/corporate finance

  • Financial accounting

  • Investments

  • Derivatives/futures and options.

  • 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.

• 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.

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

• For more details on the admission process, please visit the website.

​Program Requirements

Within this eight-month, full-time program (two sessions), students must complete 11 half courses (5.5 full-course equivalents [FCEs]) as follows:

​​Program Length

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

Time Limit

3 years full-time

Graduate Diploma in Professional Accounting

Program Description

The Rotman Graduate Diploma in Professional Accounting 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.

Interested students from other undergraduate programs may be eligible to apply to the GDipPA if they demonstrate that their undergraduate learning outcomes are similar to those of U of T's accounting programs.​ Please visit the website for contact information.

• ​An appropriate four-year undergraduate degree:

  • a University of Toronto bachelor's degree with a Specialist in Accounting. Students may apply in the year following graduation, possibly with some relevant work experience.

  • ​​a commerce/business degree acquired outside U of T will be evaluated on a case-by-case basis on whether it is substantially equivalent to the U of T bachelor's degree with a Specialist in Accounting and includes the necessary prerequisite material.

• ​​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​.

​Program Requirements

Students must complete 2.5 full-course equivalents (FCEs) (five half courses) as follows:

Program Length

1 session full-time (typical registra​tion sequence: S)

Time Limit

2 years