Fees, expenses and financial optionsEstimated tuition fees for the Full-Time MBA Class of 2022
The tuition fees charged for each session of registration have three components:
Academic fee
Rotman ancillary fees
University incidental fees
The annual tuition fees for the Full-Time MBA Class of 2022 starting the MBA program in September 2020, are listed below in Canadian dollars (CAD) and US dollars (USD):
Full-Time MBA academic fees*
Total academic fee 1st year academic fee 2nd year academic fee
Canadian citizens and permanent residents
CAD $92,540
USD $69,741 CAD $46,270
USD $34,870 CAD $46,270
USD $34,870
International students on a study permit CAD $127,930
USD $96,412 CAD $63,020
USD $47,494 CAD $64,910
USD $48,918
Fees above do not reflect tuition for our combined degree programs. US dollar (USD) figures are based on the annual exchange rate of $1.3269 CAD to USD set by the Bank of Canada as of December 31, 2019.
JD/MBA academic fees*
Year 1 – Law Year 2 – MBA Year 3 – MBA Year 4 – MBA
Applicable Fee** Law Fee CAD $46,270
USD $34,870
CAD $46,270
USD $34,870 CAD $46,270
USD $34,870
In addition to the annual academic fee noted above, students are required to submit payment for University incidental fees* and Rotman ancillary fees*:
The University incidental fees amount to approximately CAD $1,600, which covers the terms from September – end-April and include campus fees and student society fees. The University Health Insurance Plan (UHIP) fee will automatically be added to fees invoices for International Students only. The 2018 UHIP annual amount was CAD $612. More information regarding UHIP may be found at
https://www.studentlife.utoronto.ca/cie/uhipThe Rotman ancillary fees amount to approximately CAD $650, for the first year of the MBA program. Additional details, information and finalized amounts will be updated as available and found on your fees invoice, available in mid-July.
*Please note that the annual academic fee, University incidental fees and Rotman ancillary fees are set by the University and are subject to change. The University incidental fees amount noted above for future academic years are subject to approval by the Governing Council’s annual meeting in May.
Typical living expenses
The following is an estimate of the minimum funds a single student will need for living expenses for the first 12 months in Toronto:
Textbooks: CAD $2,000
Laptop: CAD $1,600 – $2,000
Accommodation: CAD $8,000 – $14,000
Food: CAD $4,000 – $5,500
Personal expenses: CAD $2,000
Public transportation: CAD $1,300
Health Insurance (UHIP) for International students: CAD $756
Total CAD $19,656 – $27,556
Costs, which will vary by individual, are listed in Canadian dollars (CAD) and based on residency in downtown Toronto.
Financial options : $ 5 Million in financial aid available for Rotman applicants.
Kindly refer :
https://www.rotman.utoronto.ca/Degrees/ ... d_expenses