Estimated tuition fees for the One-Year Executive MBA
Program fee: $124,893* (for 2023 entry year)
Includes:
- Tuition
- All program materials
- Class-day meals
- Accommodation for Toronto residential modules and use of University of Toronto facilities
- Estimated University incidental and ancillary fees
* Please note that the annual academic fee, University incidental fees and Rotman ancillary fees are set annually by the University and are subject to change. The University incidental fees amount is subject to approval at the Governing Council’s annual meeting in spring. The 2024 program fee will be confirmed at this spring meeting.
Entrance Award Scholarships
Merit-based entrance awards
The Rotman School is invested in attracting strong candidates. You will be automatically considered for awards as soon as you submit your application for the Executive MBA. Merit-based awards are based on the overall strength of your application including, but not limited to, your professional experience, references, and admissions test scores
The Forté Foundation is a consortium of major organizations and top business schools working together to launch women into fulfilling, significant careers through access to business education, opportunities, and a community of successful women.
The Forté Fellows Program was created with the intention of increasing the number of women applying to and enrolling in MBA programs by offering fellowships to women. The Rotman School of Management is a proud partner and sponsor school of the Forté Foundation and a strong supporter of women advancing in leadership. To date, Rotman has given more than $4.7 million to over 170 Forté Fellows and is now expanding its support to Executive MBA programs.
Forté Foundation Fellowship Award: $12,500 CAD. This award is presented to one highly qualified female candidate of the One-Year Executive MBA who demonstrates significant professional and leadership achievements in their field and who is a member of the Forte Foundation.
How to apply: To be considered for a fellowship, members of the Forté Foundation should submit an EMBA application – no additional application is required.
Deadline for consideration: Applicants must submit an application to the program by June 1st to be considered for the this award.
Equity, Diversity, and Inclusion Entrance Awards
We are committed to creating a diverse cohort that celebrates the strengths and experiences of all backgrounds. As such, we offer a number of scholarships aimed at increasing the diversity in our program. Please see the image below for available awards.
Here for you
We are committed to helping to reduce the financial barriers that qualified applications may face. Scholarship awards for exceptional candidates, providing support in building your case for employer sponsorship, and connecting you with two major Canadian banks to discuss the possibility of a Professional Student Loan Plan, are a few of the ways in which we aim to help. Many of our students will combine these options to create a comprehensive plan to help finance their Executive MBA.
Entrance awards and fellowships
We assess all of our candidates for exceptional merit above the minimum admission criteria. Some of the things we look for during this assessment are leadership qualities demonstrated through professional and academic experiences and the overall strength of the application. Candidates who are selected to receive an entrance award will be notified when they receive an offer of admission.
Professional student loan plan with BMO and RBC
All Canadian domestic students (Canadian citizens, permanent residents) can discuss the possibility of a loan with competitive interest rates and limits to cover a significant cost of their tuition with a major Canadian banking institution. In the past, many of our students have worked with the Bank of Montreal (BMO) or the Royal Bank of Canada (RBC). For more information, please visit our detailed breakdown of PSLP’s
Lifelong Learning Plan (LLP)
The LLP allows individuals to withdraw amounts from their registered retirement savings plans (SPs) to finance their own education or that of their spouse/partner. Amounts withdrawn under the LLP do not count towards income and the SP issuer does not withhold taxes on these amounts. Withdrawals must be repaid over a period of no more than 10 years.
For more information, consult the Canada Revenue Agency’s outline of the LLP.
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Employer fee subsidy
Several Toronto-area financial institutions and employers have indicated a willingness to sponsor a number of their employees for all or part of the MBA program fees. Applicants are strongly encouraged to approach their employers for financial support. The Rotman EMBA program staff or faculty will provide any information or assistance an applicant might deem helpful in this regard.
Registered Education Savings Plan (RESP)
An RESP is an education savings account that is registered with the Government of Canada for parents who want to save for their child's post-secondary education. Once the child (the RESP beneficiary) has graduated from high school and enrolled full-time or part-time in a qualifying post-secondary educational program, the Plan holder can request, on his or her behalf, to withdraw money from the RESP to help pay for their studies.
Educational Assistance Payments include the interest earned in the RESP as well as any Canada Education Savings Grants, provincial grants and Canada Learning Bonds received. The money can be used to pay for post-secondary school expenses like tuition, books and transportation. For more information, consult the Canada Revenue Agency website.
MPower Financing
Students can apply for a student loan without a cosigner, collateral, or credit history. MPower financing is available to US Citizens and residents, Canadian residents (Canadian citizens are ineligible) and citizens or residents of approximately 200 other countries around the world. Visit the MPower financing website for more information.