Program Basics

• • Rotman MBA
  • Rotman School of Management
  • 105 St. George Street
  • Toronto, M5E3E6
  • Canada
  • Program Web site: http://www.rotman.utoronto.ca/mba
  • Status: Public
  • Program e-mail address: mba@rotman.utoronto.ca
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• • Other graduate degree programs:
    • Master of Finance

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $85,012.00
  • Nonresident: $104,544.00

PROGRAM LENGTH

• • Full-time program (months): 20

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Nov 15, 2011
  • Semester: Fall 2012
  • Deadline: Feb 1, 2012
  • Semester: Fall 2012
  • Deadline: Apr 30, 2012
• • Does the program have rolling admissions? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
    • U Michigan Language Test
• • Minimum paper-based TOEFL score required for MBAs: 600

• Relative Importance of Application Elements:

  • GMAT Score: Important
  • Application Essays: Important
  • Interviews: Important
  • Recommendations: Important
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 1,071
  • Applicants who were accepted to the most recent class: 50 %
  • Admitted applicants who enrolled in the newest class: 55 %
  • Applicants who were re-applicants from prior years: 13 %
  • Percentage of this year's reapplicants accepted: 19 %
  • Applicants wait-listed during the last admissions cycle: 115
  • Wait-listed applicants admitted for the semester to which they applied: 25
  • Applicant interviews are: By invitation only
  • Applicants (admitted and denied) who were interviewed: 75 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 60 %
  • Applications from women received: 28 %

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 29 %
  • International: 43 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 31 %
  • Europe: 4 %
  • North America: 60 %
  • Latin America and the Caribbean: 4 %
  • Oceania: 0 %
• • Mean months of work experience of newest entering class: 50
  • Median months of work experience of newest entering class: 48

• Middle 80% range of work experience of newest entering class in months:

  • From: 24
  • To: 84
• • Median age of entering class: 28
  • Mean age of entering class: 27

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 60 %
  • Full-time MBAs receiving financial aid in the current academic year: 50 %
  • Mean MBA financial aid package for the current academic year: $3,900.00
  • Median MBA financial aid package for the current academic year: $2,500.00
  • On what basis are scholarships awarded?
    • academic merit
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $12,000.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $85,012.00

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (incoming class):

  • 50th Percentile (median) 660
  • Average GMAT Score 662

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 65
  • Average number of students in a full-time MBA elective class: 40
  • Elective courses available to full-time MBA students: 77

• Electives that have been added to the full-time program since June 30, 2010:

  • Pharmaceutrical Strategy
  • Network and Digital Market Strategy
  • Islamic Finance in Canada
  • Behaviour Finance
  • Sales Management

• Concentrations and specializations offered to full-time MBA students:

  • • Finance
    • Entrepreneurship
    • Marketing
    • Accounting
    • Human Resource Management
    • Leadership
    • Strategy
    • Economics
    • International Business
  • Integrative Thinking, Business Design

• Joint-degree programs offered to full-time MBAs:

  • • MBA/JD (Law)
    • Other
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • Other
    • Consulting
    • Leadership
    • Strategy

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Nonprofit
    • Information Technology
    • Investment Banking
    • Media & Entertainment

• Networking clubs available to full-time MBA students:

  • • Hispanic Student Organization
    • International Club
    • Partners/Family
    • Women in MBA
    • Volunteer
    • Gay/Lesbian/Bisexual
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 30 %
  • Distance Learning: 0 %
  • Experiential Learning: 10 %
  • Lectures: 30 %
  • Simulations: 15 %
  • Team Projects: 15 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

• • Technology improvements in the last three academic years: Classroom technology has been upgraded but major upgrades will take place when building expansion opens in 2012.

B-SCHOOL ALUMNI

• • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://my.alumni.utoronto.ca
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://my.alumni.utoronto.ca/rotman
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? No

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 84 %
  • Graduates not seeking employment: 8 %
  • Graduates for whom you have no information regarding employment: 8 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: Calgary, AB
  • Month: June
  • Amount Paid By School: Partial
  • Destination: New York, NY
  • Month: February
  • Amount Paid By School: Partial
  • Destination: Chicago
  • Month: April
  • Amount Paid By School: Partial
  • Destination: Philadelphia
  • Month: February
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 63 %
  • Graduate-facilitated activities: 34 %
  • No information provided by graduate: 3 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 47 %
  • Received first job offer in three months following graduation: 39 %
  • Received first job offer more than 3 months after graduation: 1 %
  • Did not report having received a job offer: 13 %
  • Accepted first job offer by graduation: 47 %
  • Accepted first job offer in three months following graduation: 38 %
  • Accepted first job offer more than 3 months after graduation: 1 %
  • Did not report having accepted a job offer: 14 %

• Top recruiting organizations most recent academic year:

  • CIBC 17
  • Deloitte 16
  • RBC Financial Group 14
  • BMO Financial Group 7
  • TD Financial Group 6
  • Scotiabank 5
  • Rogers Communications 3
  • PwC 3
  • WWF Canada 3
  • Blake Cassels and Graydon 2
  • Accenture 2
  • Capital One 2
  • Right to Play 2
  • Foundation for Fighting Blindness 2
  • KPMG 2
• • Job-accepting graduates who received a signing bonus: 30 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $85,542.00
  • Median base salary: $83,000.00
  • Mean signing bonus: $12,620.00
  • Median signing bonus: $10,000.00
  • Mean other guaranteed compensation: $17,192.00
  • Median other guaranteed compensation: $13,125.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 25 %
  • Finance/Accounting: 45 %
  • General Management: 5 %
  • Human Resources: 0 %
  • Marketing/Sales: 11 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 2 %
  • Other: 11 %

• Graduating students who accepted jobs in the following industries:

  • Government: 1 %
  • Consulting: 23 %
  • Consumer Products: 1 %
  • Financial Services: 49 %
  • Manufacturing: 0 %
  • Media/Entertainment: 0 %
  • Non-Profit: 7 %
  • Petroleum/Energy: 1 %
  • Pharmaceutical/Biotechnology/Health Care: 5 %
  • Real Estate: 0 %
  • Technology: 6 %
  • Other: 6 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 0 %
  • Asia: 3 %
  • Europe: 1 %
  • North America: 96 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 0 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 33 %
  • Mid-Atlantic: 17 %
  • West: 50 %

• Top recruiting organizations for internships, most recent academic year:

  • CIBC 20
  • RBC Financial Group 16
  • Scotiabank 11
  • BMO Capital Markets 7
  • TD Financial Group 6
  • Impact Consulting 5
  • Capital One 4
  • Mindfirst INc 4
  • Rotman NeXus 3
  • Mount Sinai Hospital, Toronto 3
  • Charity Intelligence 3
  • Four Seasons Hotels & Resorts 3
  • MCIS Language Services 3
  • Deloitte 3
  • Johnson & Johnson 3
• • Average internship length in weeks: 13

• • -Rotman's MBA program provides a means to obtain a conventional MBA and/or to focus on less conventional high value majors such as integrative thinking. The nature of the program can be easily tailored to suit one's particular interests.
    
    -I found the Rotman curriculum to be extremely challenging and mentally stimulating as well as practical and teaching us the best way for companies to do things. In addition, there were endless opportunities to develop leadership skills and hone teamwork and communication skills--softer skills that are often taken for granted.
    
    -Rotman School of Management has some great profs but because of the popularity of the courses they are hard to get and many other courses are mediocre at best with some courses having really bad, unqualified professors.
    
    -The MBA program at Rotman offers unparalleled development opportunities. The professors are internationally recognized research authorities and their expertise are reflected in the classes. The students come from a variety of backgrounds. The diversity of the students' experiences contributes to the overall learning experience; the students benefit from the diverse perspectives and knowledge of his/her colleagues.
    
    -The faculty is just great. Rotman is a very demanding program, but the the quality of the education was excellent. Toronto is a hot location for banking and consulting now. International students should realize the potential of Canada in the coming years.
    
    -If somebody wants to be in Canada then this is the best program you can enroll into. However, if somebody has a choice between US and Canada I would still suggest US simply because of the enormous size of their economy. No matter, how bad a slump they are going through they still have better jobs to offer and Canadian economy no matter how good a time it might be having doesn't have much appetite for MBAs.
    
    -The Rotman MBA is great if you want to do finance, or if you know EXACTLY the field that you want to work in after graduation. If you don't, then you're not going to be able to divide your time between school work and networking. As well, unless you are ABSOLUTELY clear of the companies that you want to work for, the Career Center will be of little use.
    
    -Some professors are good but the career center is bad. It's been quite difficult to transition into a new career path and salary figures published are way above those currently being offered. Feels like being ripped off!
    
    -I am disgusted with Rotman's education and career services. The school is outrageously expensive and an air of superiority pervades the faculty and student body, despite the fact that Ontario has been in a deep recession for the last 10 years. The career services center is utterly useless, unless you're looking for the chance to join a group counseling session to talk about job hunting. The school is very competitive, grading students on a bell curve, despite the fact that a bell curve cannot be applied to a student body of 180 or a class size of under 40. Many students at Rotman come from very wealthy and prominent Toronto-based families and are thus able to secure employment very easily. For the rest of us, it's a complete gamble. The school goes out of its way to appease those who are very wealthy and make large donations to the university, but everyone else is left to their own devices
    
    -Rotman is in the perfect geographical position in Toronto (easy to network because its down town campus). It is a two year program so you actually learn more than a shorter program plus you get the summer internship--two year program is vastly superior to anything shorter in my opinion. The faculty are impressive, open and very helpful. The majority of the faculty is open to meeting for coffee or beer to talk, give advice, guidance and discuss business. The program has many course which you cannot just learn out of a book. The majority of MBA courses can be learn out of a book but Rotman has a significant set of courses which contain material not found in articles or textbooks.
    
    -I really enjoyed my Rotman experience overall. Some of the school's biggest strengths include the faculty (had some great professors) and some of my classmates (very intelligent and motivated). The curriculum is solid and first year is definitely a proving ground/selection mechanism. It becomes clear that some of the TAs grade rather arbitrarily when you dig deeper and question them. Good diversity of electives as well.
    
    -The single glaring weakness of the school is the career center for a number of reasons, all of which have very little to do with the economy. The most frustrating of these reasons is that the staff simply lacks any sense of urgency. While students are scrambling around trying to find jobs, the career center staff feel free to miss or come late to appointments and focus their efforts on easy tasks such as providing resume reviews, mock interviews and searching existing internet job boards and providing job links on the school career portal. All of this takes very little time and effort and I can do these things myself. It is clear that the incentives of the career centre staff are not aligned with the single most important activity that they could be providing students--finding companies that specifically want to recruit Rotman students. Unfortunately it doesn't appear that the school recognizes the severity of the issue despite feedback provided by students (we dedicated on class of our integrative thinking class to providing feedback to the head of the career center however none of this feedback was implemented). The dean's own comments on the matter: "We have acknowledged our challenges in the Corporate Connections Centre in the past and we have worked very hard to overhaul it, substantially ramping up our investment in that activity. While everything at the School can always be improved, I think it might be time to start seeing the CCC as a relative strength, not a weakness. Beating the US top ten is not a trivial accomplishment." Although I recognize the importance of benchmarking and also the dean placing importance on Rotman's rankings, calling the career centre a strength is a complete farce and is a slap in the face of students that have had to struggle hard to find jobs themselves due to the shortcomings of the career centre.