Master of Business Administration [MBA]
Field of Study:
$41,103 /Yr
Toronto Metropolitan University Master of Business Administration is a 16-month, full-time, mainly in-person Toronto degree for Spring 2027 entrants without a business bachelor’s. Indian applicants need a four-year bachelor’s, or a three-year bachelor’s plus master’s, with 65% or CGPA 8.0 on 10 and two years’ work experience. The 2026-27 MBA tuition is C$61,750.28 (INR 41.72 Lakhs), before foundation and ancillary charges.
The Ted Rogers MBA combines seven core courses, six half-credit electives and a choice of capstone, building decision-making through cases, simulations and applied projects. It suits experienced professionals seeking a focused career transition, although the accelerated timetable leaves little room for regular employment during taught terms.
- International applicants may enter in May with a non-business degree and complete assessed foundation subjects before the core MBA begins.
- Dedicated MBA career services provide coaching, compensation negotiation support and employer networking throughout the programme.
- Full-time students can pursue paid employment or an internship from May while completing the capstone project.
Current Admission Status
Applications for the Spring 2027 intake are Open. International student deadline: 22 January 2027.
Indian applicants should target the 9 November 2026 first round because entrance funding is reviewed with the application. All supporting documents must reach TMU by 29 January 2027.
Also Check: Toronto Metropolitan University MBA admission
Toronto Metropolitan University MBA Fees and Living Costs 2027
The confirmed 2026-27 international MBA tuition is C$61,750.28 (INR 41.72 Lakhs) for 11 course credits, excluding ancillary fees. Spring entrants may also need foundation courses, so undergraduate preparation directly changes the final bill.
2026-27 fee context: TMU charges MBA tuition by course credits each semester, while foundation subjects are billed separately after the academic assessment.
| Cost item | Amount (C$) | INR equivalent | Billing basis |
|---|---|---|---|
| MBA tuition | C$61,750.28 | INR 41.72 Lakhs | 11 course credits |
| Foundation course | C$5,378.18 | INR 3.63 Lakhs | Each assessed course |
| Maximum five foundation courses | C$26,890.90 | INR 18.17 Lakhs | Calculated maximum |
| Application fee | C$150 | INR 10,134 | Non-refundable |
All INR conversions in the article use a conversion rate of C$1 = INR 67.5621 as of 25 October 2026. Rates fluctuate daily, verify before applying.
Source: TMU 2026-27 MBA tuition and graduate fee schedules.
The tuition figure excludes ancillary fees, and TMU sets those charges according to the semester load. Ask for the foundation assessment before accepting an offer because five courses would add C$26,890.90 (INR 18.17 Lakhs).
Cost of Living in Toronto for MBA Students
TMU’s 2026-27 planning figures imply a monthly off-campus budget of C$2,241.75 to C$3,208.92 (INR 1.51 Lakhs to INR 2.17 Lakhs). The estimate combines university-published rent, food, transit and personal-cost ranges without treating them as visa funds.
| Expense | Monthly (C$) | INR monthly equivalent |
|---|---|---|
| Off-campus rent | C$1,250 to C$1,750+ | INR 84,453 to INR 1.18 Lakhs+ |
| Food | C$463.75 to C$630.92 | INR 31,332 to INR 42,626 |
| Toronto transit | C$128+ | INR 8,648+ |
| Personal expenses | C$400 to C$700 | INR 27,025 to INR 47,293 |
| Calculated monthly total | C$2,241.75 to C$3,208.92+ | INR 1.51 Lakhs to INR 2.17 Lakhs+ |
| Calculated annual total | C$26,901 to C$38,507+ | INR 18.17 Lakhs to INR 26.02 Lakhs+ |
For 16 months, those living items total a calculated C$35,868 to C$51,342.67 (INR 24.23 Lakhs to INR 34.69 Lakhs). Adding base tuition gives C$97,618.28 to C$113,092.95 (INR 65.95 Lakhs to INR 76.41 Lakhs), before foundations, ancillary fees and travel.
Applicants assigned all five foundations face a calculated upper planning range of C$124,509.18 to C$139,983.85 (INR 84.12 Lakhs to INR 94.58 Lakhs). This total is an article calculation, not a university-published package price.
Read More: cost of living in Toronto
ROI reality: Foundation exemptions can change the budget by up to C$26,890.90 (INR 18.17 Lakhs), so secure the assessment before comparing funding offers.
Toronto Metropolitan University MBA Admission 2027
TMU requires a qualifying bachelor’s degree, a 3.0 on 4.33 GPA, two years of full-time professional experience and a GMAT or GRE score. Admission is holistic, so meeting these minimums does not establish a published acceptance probability.
The international full-time route has two 2027 entry points. Non-business graduates enter in Spring 2027 for foundations, while business graduates enter in Fall 2027 and complete the accelerated core in 12 months.
Eligibility for Indian Applicants
TMU publishes an India-specific equivalency instead of requiring applicants to estimate the foreign GPA. The formal assessment uses the institution’s grading scale and determines any foundation exemptions.
| Criterion | Official requirement | Indian applicant meaning |
|---|---|---|
| Degree | Four-year bachelor’s or equivalent | Four-year Indian bachelor’s, or three-year bachelor’s plus master’s |
| Academic score | GPA 3.0 on 4.33 in final two years | Official India equivalent is 65% or CGPA 8.0 on 10 |
| Professional experience | Two years full-time minimum; co-op may count | Current applicants average five to seven years |
| Admission test | Valid original or Focus Edition GMAT, or GRE | No minimum score is published; the waiver applies only to Ted Rogers alumni |
| Written case | Approximately 500-word statement of interest | Connect career objectives with prior study and experience |
| Recommendations | One professional and one academic reference | Two professional references are accepted when an academic referee is unavailable |
| Selection interview | Online Kira Talent video interview | Completed after document submission |
The five-to-seven-year experience average is a current applicant benchmark, not an eligibility threshold. Candidates nearer two years should make progression, leadership and measurable responsibility explicit across the resume, statement and interview.
English Language Proficiency
Applicants need English proof unless eligible study was taught and examined in English. TMU’s current table, updated 21 October 2026, publishes the MBA TOEFL requirement verbatim as 100 (5.5).
| Accepted test | Minimum score | Important condition |
|---|---|---|
| IELTS Academic | 7.5 | Score must be valid when received |
| TOEFL iBT | 100 (5.5) | Use TMU’s published scale notation without self-conversion |
| PTE Academic | 68 | Score must be valid when received |
| Duolingo English Test | 140 | Accepted as a separate testing route |
- An English-medium applicant must obtain a registrar’s letter confirming English as the medium of instruction throughout the degree.
- Test results must be less than 24 months old when TMU receives the application.
- TMU does not offer conditional admission for a deficient English score, so testing must finish before application review.
TOEFL score note
TMU publishes 100 (5.5) after the 2026 TOEFL scale change. Applicants should send the reported score directly and confirm that their test date matches the university’s current notation.
Tip for Indian students: The official 65% or CGPA 8.0 threshold is only the academic floor, so evidence of leadership must carry the selection case.
Toronto Metropolitan University MBA Application 2027
International applications are open for Spring and Fall 2027, with separate schedules based on undergraduate background. The Spring final deadline is 22 January 2027, while the Fall final deadline is 8 March 2027.
TMU lists application rounds but no fixed decision dates. Once the complete file reaches the MBA committee, the official process states that decisions are normally communicated within two to four weeks.
International MBA Application Rounds
The table includes every published international stage for both available intakes. Spring is for non-business graduates, while Fall is for applicants whose business degree qualifies them for the 12-month path.
| Intake and applicant | Stage | Published deadline |
|---|---|---|
| Spring 2027, non-business degree | Early round | 26 October 2026 |
| Spring 2027, non-business degree | First round | 9 November 2026 |
| Spring 2027, non-business degree | Second round, final | 22 January 2027 |
| Spring 2027, non-business degree | Supporting documents | 29 January 2027 |
| Fall 2027, business degree | Early round | 9 November 2026 |
| Fall 2027, business degree | First round | 22 January 2027 |
| Fall 2027, business degree | Second round, final | 8 March 2027 |
| Fall 2027, business degree | Supporting documents | 15 March 2027 |
A submitted form is not a complete application because references, supporting documents and the online interview remain mandatory. This distinction matters because review begins only after every component is received.
- Submit through the Ontario Universities’ Application Centre and pay the non-refundable application fee.
- Activate the Toronto Met identity sent within two to three business days, then upload transcripts, resume, statement and test reports.
- Alert both referees because TMU emails their submission links within two to three business days after the application.
- Complete the Kira Talent interview promptly because the committee reviews only files containing documents, references and the interview.
The statement should explain why the accelerated structure supports a specific transition, then show evidence that the applicant can manage cases, teamwork and a compressed timetable. References should validate the same leadership examples instead of supplying unrelated praise.
Deadline timing
TMU publishes MBA deadline dates without a cutoff time or timezone. Indian applicants should submit before the Toronto calendar date starts because the application portal controls acceptance.
Application tip: Use the 9 November 2026 first round for Spring entry, then complete references and uploads before the 29 January document deadline.
Toronto Metropolitan University MBA Scholarships 2027
The main international MBA award is the Ted Rogers School Graduate Entrance Scholarship worth up to C$15,000 (INR 10.13 Lakhs). Every applicant receives entrance-funding consideration, but selection depends on academic excellence and does not require a separate scholarship form.
Current published funding: The live MBA and graduate-awards pages list the following opportunities for incoming or enrolled students, with cycle conditions shown where available.
| Award | Value (C$) | INR equivalent | Eligibility and route | Published timing |
|---|---|---|---|---|
| Ted Rogers School Graduate Entrance Scholarship | Up to C$15,000 | Up to INR 10.13 Lakhs | Full-time international MBA applicants; automatic consideration for academic excellence | At admission review |
| Ronald Alphonso Award | Approximately C$3,000 | Approximately INR 2.03 Lakhs | Incoming graduate student showing financial need and a career-transition purpose; separate application | Applications opened September 2026 |
| Gupta Family Foundation Award | Approximately C$3,500 | Approximately INR 2.36 Lakhs | Two MBA awards with preference for hospitality and tourism interest | Second published annual cycle is 2026-27 |
| Ted Rogers Graduate Programs Scholarships and Awards | Up to C$20,000 | Up to INR 13.51 Lakhs | Incoming MBA students; application required through the programme | Contact programme for deadline |
| TorontoMet International Student Scholarship | C$7,000 | INR 4.73 Lakhs | International graduate students; automatic consideration | No separate deadline |
The entrance scholarship aligns most directly with Spring 2027 because full-time international applicants are explicitly eligible. The other awards need eligibility checks because financial need, programme contact or a hospitality preference can narrow access.
- Submit a complete first-round application because entrance scholarship consideration happens during admission review.
- Prepare financial-need evidence and a career-transition narrative separately for the Ronald Alphonso Award.
- Ask the MBA office whether the C$20,000 (INR 13.51 Lakhs) graduate award is distinct from the entrance scholarship before combining assumptions.
Read More: scholarships for international students in Canada
Funding ceiling
A C$15,000 (INR 10.13 Lakhs) entrance scholarship would leave C$46,750.28 (INR 31.59 Lakhs) of base tuition. Foundation, ancillary and living costs would remain outside that calculation.
Scholarship reality: Automatic consideration is not automatic funding, so build the budget around C$61,750.28 (INR 41.72 Lakhs) until an award appears in writing.
Toronto Metropolitan University MBA Salary 2027
TMU publishes neither a course-cohort salary nor an offer rate for this MBA. Its current MBA alumni page instead provides sector distribution, so applicants can assess career direction without treating the figures as placement probabilities.
Full-time students become available for employment in May while completing the capstone. That timing supports an early job search, although the accelerated timetable leaves limited capacity for substantial employment during taught terms.
Published MBA Career Evidence
The official distribution covers MBA alumni, but TMU does not identify a graduating cohort or reporting period. The percentages therefore show represented sectors rather than the likelihood that a new graduate enters each field.
| Evidence scope | Sector | Published share | Decision use |
|---|---|---|---|
| MBA alumni, cohort year unpublished | Consulting | 20% | Largest reported sector |
| MBA alumni, cohort year unpublished | Technology | 17% | Second-largest reported sector |
| MBA alumni, cohort year unpublished | Finance | 15% | Material finance pathway |
| MBA alumni, cohort year unpublished | Consumer packaged goods | 12% | Consumer-sector pathway |
| MBA alumni, cohort year unpublished | Healthcare | 10% | Healthcare-management pathway |
| MBA alumni, cohort year unpublished | Real estate | 7% | Property-sector pathway |
| MBA alumni, cohort year unpublished | Media management | 6% | Media-sector pathway |
| MBA alumni, cohort year unpublished | Nonprofit | 5% | Mission-driven pathway |
| MBA alumni, cohort year unpublished | Other sectors | 8% | Remaining reported destinations |
The mix supports applicants targeting consulting, technology or finance, but it does not establish employer demand or starting pay. A candidate should test the intended transition through alumni conversations before accepting the tuition commitment.
Salary Benchmark and MBA ROI
The Government of Canada Job Bank reports a C$44.94 hourly median (INR 3,036) for management consultants in the Toronto Region. This external labour-market benchmark is not a TMU graduate salary.
| Evidence scope | Role and location | Hourly pay | Hourly INR | Annualized gross pay | Annualized INR |
|---|---|---|---|---|---|
| External job-market benchmark | Management consultant, Toronto Region | C$44.94 median | INR 3,036 | C$93,475.20 calculated at 2,080 hours | INR 63.15 Lakhs |
Source: Government of Canada Job Bank wage report for Toronto Region.
The calculated 16-month base budget is C$97,618.28 to C$113,092.95 (INR 65.95 Lakhs to INR 76.41 Lakhs) before ancillary fees. The following checks connect that commitment to the available career evidence.
- Obtain the foundation-course assessment because five required courses raise the calculated budget to C$124,509.18 to C$139,983.85 (INR 84.12 Lakhs to INR 94.57 Lakhs).
- Request recent cohort outcomes from the career team because TMU publishes no MBA salary or offer rate for a repayment model.
- Use the 20% consulting share only to identify an alumni network, then validate the intended function through role-specific conversations.
- Model Canadian and India-return scenarios separately because tuition is paid in Canadian dollars while India-based earnings may create currency risk.
Actual take-home pay depends on province, deductions and personal circumstances. Use the official payroll deductions calculator rather than treating gross benchmark pay as disposable income.
Evidence limit
The external consultant benchmark cannot prove MBA payback because TMU has not published matching course-cohort salary, offer-rate or employment-duration data. Borrowing decisions need a downside case independent of that benchmark.
ROI reality: The MBA may support a focused transition, but the INR 65.95 Lakhs to INR 76.41 Lakhs base budget requires verified role demand and financing resilience.
Canada Visa for Toronto Metropolitan University MBA Students 2027
The study-permit fee is C$150 (INR 10,134), while biometrics cost C$85 (INR 5,743). A single applicant must also show C$23,448 (INR 15.84 Lakhs) for annual living support, excluding tuition and travel.
- A qualifying master’s graduate may receive a three-year PGWP (Post-Graduation Work Permit), subject to the official post-graduation work permit rules.
- PGWP applicants need CLB 7 (Canadian Language Benchmarks) in all four skills, while master’s graduates have no field-of-study requirement.
- The Spring 16-month route meets the programme-length test for a spouse’s open work permit, but the 12-month Fall route does not.
- Canadian Experience Class eligibility requires 1,560 hours of paid skilled Canadian work after study, with no fixed salary threshold or job-offer requirement.
Read More: Canada student visa requirements
Visa reality: The three-year potential work window can support a Canadian job search, but Spring and Fall applicants face different spouse-work implications.
Toronto Metropolitan University MBA Ranking 2027
The MBA holds fifth place in Canada in the Bloomberg Businessweek 2024-25 Canadian ranking. Corporate Knights also placed it eighteenth globally in the 2025 Better World MBA ranking.
These programme-specific results measure different propositions. Bloomberg emphasizes the student and career experience, while Corporate Knights focuses on sustainability integration within business education.
| Ranking and edition | Position | Scope |
|---|---|---|
| Bloomberg Businessweek Best Business Schools 2024-25 | 5th | Canada overall |
| Bloomberg Businessweek 2024-25 | 4th | Compensation in Canada |
| Bloomberg Businessweek 2024-25 | 3rd | Learning in Canada |
| Bloomberg Businessweek 2024-25 | 3rd | Entrepreneurship in Canada |
| Corporate Knights Better World MBA 2025 | 18th | Global overall |
| Corporate Knights Better World MBA 2025 | 6th | Global large schools |
| Corporate Knights Better World MBA 2025 | 4th | Canada |
The learning and entrepreneurship positions fit applicants who value applied cases, simulations and a capstone over a longer internship-led format. However, rankings cannot replace the missing course-cohort salary and offer-rate evidence.
Check Out: Toronto Metropolitan University rankings
Key insight: Use the 2024-25 learning and entrepreneurship results to evaluate curriculum fit, then make the funding decision from verified costs and career evidence.
The TMU MBA fits experienced applicants seeking a compact, applied transition through cases, simulations and a final capstone. Spring entry also gives non-business graduates a structured foundation route. However, foundation requirements and unpublished cohort outcomes create material cost and repayment uncertainty. Secure the academic assessment, test the target role with alumni and submit the complete application by the relevant first-round date.
Toronto Metropolitan University MBA FAQs
Ques. Is the Toronto Metropolitan University MBA worth it for an Indian applicant?
Ans. It can fit an experienced applicant pursuing a defined transition into a represented sector such as consulting, technology or finance. TMU publishes no course-cohort salary or offer rate, so borrowing should survive a conservative employment scenario.
Ques. Does the TMU MBA require the GMAT or GRE, and what score is competitive?
Ans. TMU accepts the GMAT original version, GMAT Focus Edition or GRE, but publishes no minimum or class benchmark. Submit the strongest accepted result without inventing a score target from another school.
Ques. What total budget should a Spring 2027 international MBA student plan?
Ans. Base tuition plus 16-month living costs total a calculated C$97,618.28 to C$113,092.95 (INR 65.95 Lakhs to INR 76.41 Lakhs). Five foundations raise that illustration to C$124,509.18 to C$139,983.85 (INR 84.12 Lakhs to INR 94.57 Lakhs).
Ques. Should a non-business applicant choose Spring 2027 or Fall 2027?
Ans. The Spring 16-month route is designed for applicants needing foundation study, while Fall is the 12-month route for qualifying business graduates. Their final international deadlines are 22 January and 8 March 2027 respectively.
Ques. Can this MBA support a three-year work permit and a spouse’s open work permit?
Ans. An eligible master’s graduate may receive a three-year post-graduation work permit. The Spring 16-month route meets the spouse-permit duration test, while the 12-month Fall route does not.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $41103 (CAD 57891) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Accommodation (on-campus) | $5680 (CAD 8000) |
| Food | $3615 (CAD 5092) |
Tuition Fee Per Credit- 4,304
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $41103 (CAD 57891) |
| 2022 | $43896 (CAD 61825) |
| 2021 | $33648 (CAD 47392) |
Important Dates
| Event | Application Date |
|---|---|
| 2nd round deadline (final) for Spring (May) 2026 Intake | |
| 1st round deadline for Fall (September) 2026 Intake | |
| 2nd round deadline (final) for Fall (September) 2026 Intake | |
Scores Required


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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Indigenous Graduate Scholarship | $5000 | Minimum GPA of 3.0 over the previous 2 years of study |
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Programs Comparison
| ranking | # 301 for Business by Times Higher Education 2025 # 601 for Business by QS World University 2025 | # 24 for Business by Times Higher Education 2025 # 33 for Business by QS World University 2025 | # 24 for Business by Times Higher Education 2025 # 33 for Business by QS World University 2025 | # 301 for Business by Times Higher Education 2025 # 601 for Business by QS World University 2025 | # 251 for Business by QS World University 2026 # 601 for Business by Times Higher Education 2025 |
| application | # 120 Admissions | #1656 Applicants # 275 Admissions # 16 % Acceptance Rate | #1656 Applicants # 275 Admissions # 16 % Acceptance Rate | # 120 Admissions | - |
| exam scores | GMAT - 650/800IELTS - 7.5/9PTE - 68/90TOEFL - 100/120 | IELTS - 7/9TOEFL - 5/6 | IELTS - 7/9TOEFL - 5/6 | GMAT - 650/800IELTS - 7.5/9PTE - 68/90TOEFL - 100/120 | GMAT - 550/800IELTS - 7/9TOEFL - 4.5/6 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Oct 27, 2025 (Early round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (1st round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (Early round deadline for Fall (September) 2026 Intake) Jan 12, 2026 (2nd round deadline (final) for Spring (May) 2026 Intake) Jan 19, 2026 (1st round deadline for Fall (September) 2026 Intake) Mar 9, 2026 (2nd round deadline (final) for Fall (September) 2026 Intake) | Sep 10, 2025 (Round 1 Application Deadline For 2026 Intake) Nov 19, 2025 (Round 2 Application Deadline For 2026 Intake) Mar 4, 2026 (Round 3 Application Deadline For 2026 Intake) | Sep 10, 2025 (Round 1 Application Deadline For 2026 Intake) Nov 19, 2025 (Round 2 Application Deadline For 2026 Intake) Mar 4, 2026 (Round 3 Application Deadline For 2026 Intake) | Oct 27, 2025 (Early round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (1st round deadline for Spring (May) 2026 Intake) Nov 10, 2025 (Early round deadline for Fall (September) 2026 Intake) Jan 12, 2026 (2nd round deadline (final) for Spring (May) 2026 Intake) Jan 19, 2026 (1st round deadline for Fall (September) 2026 Intake) Mar 9, 2026 (2nd round deadline (final) for Fall (September) 2026 Intake) | Mar 30, 2026 (Application Deadline for Fall 2026 Intake) |
| cost to study | Total Cost (Tuition + Living) -USD 43120.43 | - | Total Cost (Tuition + Living) -USD 73062.55 | Total Cost (Tuition + Living) -USD 43120.43 | Total Cost (Tuition + Living) -USD 55764.82 |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 14,200/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ontario Graduate Fellowship | Scholarship per student$ 6,301/Yr$8,875 | Level Of StudyDoctorate | TypeMerit-Based | |
| Jared J. Davis Grant | Scholarship per student$ 710/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Golden Key Graduate Scholar Award | Scholarship per student$ 1,065/Yr$1,500 | Level Of StudyMaster | TypeMerit-Based |
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