FULL-TIME MBA Profiles Publish Date 11/13/08

University of Toronto

Joseph L. Rotman School of Management

Getting In

PROGRAM BASICS

Rotman Full-Time MBA Program

Joseph L. Rotman School of Management

105 St. George Street
Toronto , Canada

Program Web site:

http://www.rotman.utoronto.ca/mba

Status:

Public Institution

Program e-mail address:

mba@rotman.utoronto.ca

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1960
Part-time MBA : 1960
Undergraduate business program: 1901
Executive MBA: 1983
PhD program: 1969

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

PROGRAM LENGTH

Full-time program (months):

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 991
Full-time MBA: 537
Part-time MBA: 245
Executive MBA: 78

PhD program: 70
Other: 61

Undergraduate business school enrollment

2,650

Graduate degree programs:

Master of Finance

Other graduate degree programs:

Master of Financial Economics

ADMISSIONS

Application Deadlines

November 15, 2008 February 1, 2009 April 30, 2009

Does the program have rolling admissions?

Yes

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

U Michigan Language Test

Other: 0

Minimum paper-based TOEFL score required for MBAs:

650

Relative importance: Application Elements

GMAT Score:

Important

Resume/Work Experience:

Important

Application Essays:

Important

Interviews:

Important

Recommendations:

Important

Undergraduate Transcripts:

Very Important

APPLICANTS

Applications (admitted and denied) to the newest class:

1103

Applicants who were accepted to the most recent class:

46 %

Admitted applicants who enrolled in the newest class:

51 %

Applicants who were re-applicants from prior years:

10 %

Percentage of this year's reapplicants accepted:

13 %

Applicants wait-listed during the last admissions cycle:

Wait-listed applicants admitted for the semester to which they applied:

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

61 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

60 %

Applications from women received:

23 %

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 29 %
International: 38 %

Ethnicity/US Students in Program

Students from following regions:

Africa : 1 %
Asia: 31 %
Eastern Europe and Central Asia: 2 %
Latin America and the Caribbean: 5 %
Middle East: 2 %
North America: 58 %
Western Europe: 1 %

Entering North American citizens by region:

Mean months of work experience of newest entering class:

Median months of work experience of newest entering class:

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

From: 24
To: 84

Median age of entering class:

Mean age of entering class:

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

100 %

Full-time MBAs receiving financial aid through school:

75 %

Mean MBA financial aid package for the current academic year:

$ 35,800

On what basis are scholarships awarded?

a combination of need and merit

Full-tuition scholarships school will award during the upcoming academic year:

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$ 8,300

Percentage of second-year students receiving the same or more amount of money in their second year of study:

100 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$ 69,000

GMAT

Applicants required to take the GMAT?

Yes

Mean : 653
Median: 660

Middle 80% range GMAT scores:

From: 580
To: 730

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

Average students in a full-time MBA elective class:

Elective courses available to full-time MBA students:

Electives that have been added to the full-time program since June 30, 2008:

Narrative and Management
Healthcare Topics in Transformation
Creative Regional Strategies
The Management of Private Wealth
Data Driven Marketing

Year of last major change or significant overhaul to the core curriculum:

2002

Concentrations and specializations offered to full-time MBA students:

Consulting

Entrepreneurship

Finance

General Management

Health Care Administration

Human Resource Management

International Business

Marketing

Strategy

Other: Risk Management; Financial Engineering; Investment Banking; Brand Management; Healthcare Management

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

Other

Does the school offer an accelerated full-time MBA program?

FACULTY

Full-time faculty

Adjunct/Visiting Faculty

Women on Faculty

Minority Faculty

International Faculty

Faculty with PhDs

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Business Law

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

High Tech

Information Technology

Investment Banking

Marketing

Media & Entertainment

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used

Case study: 25 %
Lecture: 40 %
Simulations: 15 %
Team Project: 15 %

Requirements for graduation:

Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Upgrade of technology in classrooms and wireless network. New Building to open in 2011.

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

10,106

Active MBA alumni clubs

Countries in which MBA clubs exist

Did school receive an individual gift in excess of $10 million in past academic year?

Yes

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://alumni.utoronto.ca

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://alumni.utoronto.ca/s/731/index.aspx?sid=731&gid=4&pgid=61&cid=160

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 92 %
Graduates not seeking employment: 4 %
Graduates for whom you have no information regarding employment: 4 %

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

Destination: West Coast Design Tour, California
Month: September
Amount Paid By School: Partial
Destination: London UK Finance Tour
Month: October
Amount Paid By School: Partial
Destination: New York Design Tour
Amount Paid By School: Partial

Primary Source of Job Offer

School-facilitated activities: 52 %
Graduate-facilitated activities: 18 %
No information provided by graduate: 30 %

Companies that recruited second-year MBAs on campus in 2007-08:

119

Companies that posted full-time job offers for MBAs on the school's job boards in 2007-08:

441

Job Offers for 2008 graduates:

Received first job offer by graduation: 49 %
Received first job offer in three months following graduation: 41 %
Received first job offer more than 3 months after graduation: 1 %
Did not report having received a job offer: 9 %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

	RBC Financial		13
	TD Financial		13
	Deloitte Touche Tomatsu		6
	Kraft		4
	McKinsey & Company		4
	Johnson & Johnson		3
	Other		3

	Scotia Capital		13
	BMO Financial Group		6
	CIBC		6
	Accenture		5
	Smart Centres		4
	Bell Canada		4
	CPP Investment Board		3
	IBM		3

Job-accepting graduates who received a signing bonus:

80 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $ 90,200
Median base salary for most recent graduates: $ 83,000
Mean signing bonus for most recent graduates: $ 13,645
Median signing bonus for most recent graduates: $ 12,500
Mean other guaranteed compensation for most recent graduates: $ 19,978
Median other guaranteed compensation for most recent graduates: $ 14,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 26 %
Finance/Accounting: 43 %
General Management: 6 %
Human Resources: 1 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 10 %
Management Information Systems (MIS): 1 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 1 %
Other: 12 %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 2 %
Consulting: 21 %
Consumer Products: 7 %
Financial Services: 45 %
Manufacturing: 1 %
Petroleum/Energy: 2 %
Real Estate: 2 %
Technology: 5 %
Other: 15 %

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

Asia: 4 %
Middle East: 1 %
North America: 92 %
Western Europe: 3 %

Within North America, graduates who accepted full-time jobs in the following regions:

Companies that recruited MBAs for internships on campus in 2007-08:

185

Top Companies - Internships:

	Deloitte Touche Tomatsu		9
	TD Financial		6
	Deutsche Bank AG		5
	RBC Financial		4
	Johnson & Johnson		3

	CIBC		21
	Scotiabank		9
	BMO Financial Group		7
	DesignWorks		7
	Impact Consulting		5
	Hydro One Networks		4
	Sun Life Financial		3
	IBM		3

Internships awarded that are paid:

98 %

Mean and median intern compensation per week:

Mean : 1,620
Median: 1,250

Average internship length in weeks:

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

The program is an excellent way of opening up career opportunities and is a great experience in and of itself. -- Finance

The Rotman School is very good at providing tools for the new business environment, however a lack of an international network prevents graduates from finding a suitable job. I would advise my colleagues to pursue the MBA at a school that provides a more extensive network of alumni in different countries that allows Rotman graduates to find moe prospects for suitable positions. In the end, employers look at your experience, your network, and other criteria, more than they look at your MBA degree. -- Finance

I feel that I've made some extremely valuable connections with very bright classmates and professors by attending this program and that it has helped me immensely. I think Rotman offers the right balance of competitiveness and camaraderie to make it a challenging yet enjoyable program. The program has also paid off handsomely by preparing me for employment for a role which I've wanted since undergrad. -- Finance

Excellent program that will only get better as Toronto grows into a more influential city on the global stage. The focus on thinking rather than pure mechanics (which are still more than sufficiently covered) really sets it apart. -- Consulting

Overall I am very happy with my choice of attending the MBA program at Rotman. The school is set to double in size over the next few years and I feel that this will add to their international exposure and reputation. -- Consulting

I would encourage people to go to Rotman if their primary goal is to start a career in Canada. Rotman is the primary reason that I (an international student with no prior work experience outside the Philippines) wanted to enter the Canadian job market at a higher level than what my previous experience would have gotten me. The only reason I do not rate this higher is because I'm not sure how "recognizable" Rotman is outside of Canada. I know it can leverage the University of Toronto brand in Asia (where that is big). But I'm not sure how strong its brand recognition with employers is in the US or London, as only a handful of classmates of mine got jobs in these locations. -- Consulting

My MBA experience allowed me to interact with numerous high level executives from both Canada and the U.S. as equals. I was able to meet and speak with people like Warren Buffett, CEOs of recognizable Canadian Corporations, and top financial industry leaders - all within the intimacy of a small class experience (except for Mr. Buffett of course). I am no longer held speechless by the presence of such individuals as I've learned to look beyond their titles and interact with them to deal with common interests and the matters at hand. -- Consulting

The 2nd year at Rotman presents an excellent learning opportunity as the electives are taught by some very talented faculty members. The class sizes are smaller and the experience is more intimate. -- Consulting

I appreciated the breadth of electives and the quality of professors (in terms of their research and teaching methodologies) that Rotman provided. I also liked the mix of case study, theory, and exposure to practioners, and thought this maximized my learning experience. -- Finance

It was a wonderful experience to do a world class MBA from one of the best b-schools outside the U.S. Although young, Rotman is on the right track. It needs to beef up the career services that it offers the students. Otherwise, the quality of education, location, and the course content were excellent. Moreover, the Canadian Immigration Department has made it easier for international students to live and work in Canada. This will obviously increase the regional diversity of future batches of Rotman graduates. -- Finance

The professors are unbelievably dedicated to the students and to learning. Rotman has many professors who have years of practical experience to compliment the professors with theoretical expertise. The student body is involved in many aspects of the school both academically and in extracurricular activities. The various programs are united through these involvements, which forms a very tight knit community and strong network of peers. The deans are dedicated to bettering the school and it is visible in everything they do and their involvement with the faculty, staff, and students. -- Consulting

I chose Rotman because it was one of the most highly regarded schools that gave me the freedom to choose what courses I wanted. I did not want to be forced to select a "major" and sacrifice the opportunity to take other courses that I had interest in. However, different people have different needs and goals. I would be doing my friends and colleagues a disservice if I simply and unequivocally recommend Rotman to them. Therefore, I would only recommend the school if I can determine that their needs could be met at the school. -- Consulting

I think as far as MBA education the Integrative Thinking program at Rotman certainly is on the right track. It really is a big component of future business education (IMO). -- Marketing

The MBA program allowed me to switch into a career that I wanted at a speed much faster than if I were working in an industry hoping for an eventual promotion. -- Consulting

The Rotman MBA is very tailored toward finance and consulting, and does not offer an especially well rounded education. I would only recommend the school to those wishing to specialize in those areas. -- Marketing

High quality teaching, good networking opportunity, and excellent reputation. -- Marketing

Between all available options in Canada, I believe Rotman is the strongest program with best students. I make my assessment from the data (students here land better jobs for the most part) and from my interactions with MBA students in Canada. -- Marketing

I was amazed by the quality of the education I received particularly with regard to in class lectures. Not only was the academic acumen of all of my professors tremendous, but it was obvious that the School placed great emphasis on having professors become skilled lecturers. As well, the quality of intellect and experience of my class-mates made me feel proud to be counted among them. -- Investment Banking