MBA in Toronto: A Guide For International Students

mba in toronto for international students

Written by Animesh Prasad

The journey on which Animesh embarked to become an engineer ended up with him turning into a content writer. As he progressed to his final year, he realized engineering isn't really his forte and pursued his love for writing. He has a deep interest in finance and loves traveling.

April 24, 2021

There’s more to Toronto than just maple syrup and moose. No, I’m not talking about Drake. I mean in terms of education. It happens to be an enticing spot for international MBA students. With friendly immigration policies and an array of post-study opportunities, Canada is already the third most desired destination for MBA students. Now, whether you should settle in Toronto or not can be decided by you after reading this guide- ‘MBA in Toronto’ till the end. 

Best MBA Universities and Programs in Toronto

Joseph L. Rotman School of Management, University of Toronto

Rotman was ranked as the best business school in the whole of Canada by the QS World University Rankings 2020. It tops the list in Canada by virtue of its all-round strength and diversity. 

The University of Toronto was placed 25th in the 2021 list of best universities across the globe. The MBA programs in this school are carefully curated to help you in all aspects of your career. Whether you wish to make a career switch, accelerate your career or start your own business, Rotman MBA will enable you to fulfill them. The school focuses on integrative thinking and business design. 

  • Tuition -127,930 CAD
  • Duration – 24 months
  • Class size – 275
  • Women – 44% 
  • Intake – September
  • International students – 51% 
  • Average GMAT score – 670
  • Work experience average – 4 years
  • Average salary – 921,500 CAD

Programmes offered:

  • MBA (Full-Time)
  • Master of Global Affairs (MGA)/ MBA
  • Morning and Evening Part-time MBAs
  • Omnium Global Executive MBA
  • Master of Financial Economics
  • Collaborative Program in Asia Pacific Studies
  • Collaborative Program in Environmental Studies
  • Dynamics of Global Change Program

Recommended Reading: Comprehensive Details On The Best Universities in Toronto 2021

Schulich School of Business, York University 

Schulich positions itself as a very global school. Its immense global reach is portrayed by its campuses and satellite centres in India and China. Schulich MBA tops the tables for Canadian business schools in terms of return on investment (ROI) and diversity. The school is known for being highly selective for its undergraduate programmes, with an acceptance rate of approximately 8%. 

Students can opt for an International MBA which allows them to study abroad at one of 75 partner schools. The school also offers a joint EMBA with Kellogg, frequently rated as one of the world’s best. This is why it is classified as one of the best universities in Toronto for MBA.

  • Tuition -106,900 CAD
  • Duration – 20 months
  • Intake – January, September
  • Average salary – 93,100 CAD

Programmes offered are:

  • BBA, iBBA (International BBA)
  • MBA, iMBA (York)
  • MPA (Master of Public Administration)
  • MF (Master of Finance)
  • Master of Accounting
  • MSc in Business Analysis
  • Executive MBA
  • MBA/MFA/MA (MBA/Master of Fine Arts/Master of Arts)
  • MBA/JD (MBA/Juris Doctor)
  • Financial Engineering
  • Post-MBA Diplomas

Ted Rogers School of Management, Ryerson University 

Established in 1948, post World War II, Ryerson is one of the oldest universities in Toronto. It is recognised internationally for its MBA Global program. This course provides a holistic business management education that blends academic theory with experiential learning. It offers an integrated approach to general management fundamentals and combines classroom learning with hands-on experience. It has a dedicated period to indulge students in tackling real-world business problems and requires them to come up with the best practical solutions. 

  • Tuition – 35,819 CAD
  • Duration – 12 months
  • Intake – May, September
  • Average GMAT Score – 628
  • Average salary – 93,100 CAD

Programmes offered are:

  • MBA (Full-Time)
  • Management of Technology & Innovation
  • MBA Global
  • MBA (Part-Time)

Recommended Reading: DLIs in Canada

Cost of MBA in Toronto

The expense of an MBA in Toronto is far lesser than in any other city in a developing country. This city proudly boasts that it can offer high-quality education at a relatively affordable tuition rate. The tuition fee may lie anywhere between CAD 35,000 to CAD 140,000. 

Another important aspect to be noted is the high return on investment. The ability to work after graduation gives us a broader view to evaluate the reasons for opting for further studies in Toronto. The steadily increasing economy here has countless job opportunities for you to work and earn here in Toronto, Canada. 

So, what’s your decision? Are you planning to pursue an MBA from Toronto? Let us know your views in the comment section below. 

Are you an Indian student pursuing your MBA in Canada? Don’t forget to read: A Complete Guide To MBA Abroad For Indian Students

Popular FAQs By Students

What is the average tuition fee for an international student for an MBA in Toronto?

The average tuition fee for an international student is CAD 127,930 or USD 96,412. Though, it highly depends on the university, course and campus that you choose.

Is an MBA from Toronto worth it?

Absolutely yes! Friendly visas, a thriving job market, high ROI and an amazing culture are just the beginning of reasons why doing an MBA from Toronto would be the best decision you ever make. 

Thank you for reading this blog on ‘MBA in Toronto: A Guide For International Students’. If you enjoyed reading this blog then do check out our other blogs as well.

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