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MBA
“What the Rotman School is doing may be the most important thing happening in management education today.” Peter F. Drucker (1910 – 2005)
contents
a new way to thinkThe Rotman experience 4Integrative ThinkingTM in the curriculum 7Business DesignTM 8
your careerPost-MBA momentum 10
student lifeLearning and transformation 18
thought leadersInnovative faculty and guest speakers 22
a global contextInternational focus 26The world is taking notice 30Toronto: centre of the action 32
programsFull-Time MBA 34Morning MBA 36Evening MBA 38Other Rotman programs 40
getting inHow to apply and what we’re looking for 42Financing your Rotman MBA 44Answers to frequently asked questions 46
“ When users understand the assumptions and logical structure underlying their model, they can be said to ‘own’ their model. Alternatively, when they only understand the desired output, the model is their master.” – Dean Roger Martin
Find out moreIntegrative Thinking www.rotman.utoronto.ca/integrativethinkingDean Roger Martin www.rotman.utoronto.ca/rogermartin
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a new way to thinkIf you’re considering an MBA, we already know thatyou’re ambitious, that you’re seeking a significant boostto your career, and that you want to make an impact on the world around you.
In a competitive MBA market and an uncertain economicclimate, why choose the Rotman MBA? Because in the world of business education, Rotman has one keyadvantage that no other school can match: an innovativeapproach built on Integrative ThinkingTM.
What is Integrative Thinking?At Rotman, we believe that modern leaders must developan ability to constructively face the tensions of opposingmodels. Instead of choosing one model at the expenseof the other, they must be able to creatively resolve thetensions by designing a new model, which may containelements of both, but will be superior to each. The endresult: creative business solutions.
When Dean Roger Martin (pictured above) left a successful consulting career to take the helm of theRotman School in 1998, he was propelled by his beliefthat management education and its formulaic approachesto problem-solving had not kept pace with the moderneconomy. He set out to develop a bold new model forbusiness education, leading the Financial Times to callhim the “pioneer of the big picture” and BusinessWeekto name him one of ten B-School All-Stars who are“revolutionizing business education.”
At Rotman, students receive a solid grounding in allthe functional areas of business, but they also learn how to go beyond them to consider the big picture,approaching each challenge with creativity and a willingness to take risks. It’s a groundbreaking approachthat can help you shape your business — and the world— for the better.
We invite you to be a part of it.
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“ What the Rotman School is doing under Roger Martin’s leadership is helping to redefine the MBA for the future. It is incumbent upon us to reinvent the MBA for the Creative Economy; and now at Rotman and a few other places, people are beginning to figure out how to do that.”
Richard Florida, author of The Rise of the Creative Class, in Rotman Magazine, May 2006 (Professor Florida has since joined the Rotman faculty)
TM Integrative Thinking is a trademark of the Rotman School of Management.
where we stand
BusinessWeek ranks Rotman in the “International Top Ten” (October 2008)
The Financial Times ranks Rotman • 47th among the top 100 MBA programs in the world• Top 25 in North America• Top 20 worldwide for faculty research• Top 20 worldwide for alumni recommendations• 9th worldwide for international faculty(January 2009)
“ It’s not a coincidence that the word ‘Integration’ is in my job title. I developed my role at Specialized by designing the way our company approaches global communication and collaboration. By taking an integrative approach to problem solving, we are constantly discovering new ways to work across continents and time zones, acting together as a team to get more done.”
Chris Matthews ’05, Global Marketing Integrations Manager, Specialized Bicycle Components, Morgan Hill, California
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your future, reimagined
It’s an exciting time to be at the Rotman School.Located in downtown Toronto, North America’s third-largest financial centre, and part of the University ofToronto, Canada’s top teaching and research university,Rotman has all the advantages of its global peers, plus a bold vision for business education that can’t be found anywhere else.
Whether your aim is to start your own business,accelerate your career or choose a new direction,you’ve come to the right place. At Rotman, our goal is to provide you with a transformational learningexperience that empowers you to think through thecomplexities of modern business and drive action in a quickly-changing world.
Our program will transform your life and dramaticallyexpand your potential, giving you the knowledge and skills you need to become a high-value decisionmaker in the global economy.
We wouldn’t have it any other way.
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Integrative ThinkingTM in theory and practiceIn the competitive field of MBA education, the RotmanSchool has an advantage that no other school canmatch: Integrative Thinking. We provide you with asolid grounding in all the business fundamentals —Marketing, Strategy, Finance, Accounting, Economics,Operations and Organizational Behaviour — but wealso teach you to go beyond these traditional ‘silos’ tosee how they interrelate to form the big picture. Ourgroundbreaking approach teaches you how to buildnew models that can shape your business — and theworld — for the better.
Success in today’s business environment requires flexibility, creativity, and an ability to turn challengesinto opportunities. “If there’s one thing you learn atRotman, it’s that no one idea is perfect,” says OmarShaheen ’09, who was hired as a strategy consultantby Bain and Company upon graduation. “Integrativethinking teaches you to break down contrasting ideasinto their component parts to come up with a superiorsolution that leverages the best parts of each.”
Integrative Thinking in the core curriculumIntegrative Thinking is fundamental to the Rotman MBAexperience. In the first year of the program, studentsare required to take the following courses:
Foundations of Integrative ThinkingThis course draws upon Psychology and BehaviouralEconomics to examine how managers make decisions— and how they should make decisions — in the faceof uncertainty and rapidly-changing circumstances.
Integrative Thinking PracticumThe Practicum allows participants to practice fundamentaltasks such as the design, analysis, refinement and promotion of business models, and the management ofoneself and one’s peers.
Second-Year elective coursesIn addition to the core Integrative Thinking courses, second-year students can choose from a variety ofunique elective offerings.
The Opposable MindDrawing upon insights from Roger Martin’s TheOpposable Mind: How Successful Leaders Win ThroughIntegrative Thinking (Harvard Business Publishing,2007), this course explores the stance and tools ofIntegrative Thinkers and helps students build their own Integrative Thinking skill set.
Top Manager’s PerspectiveThis course is designed to help you sharpen the managerialtool kit you have developed during your career and atthe Rotman School. Perfect your ability to think logicallyand communicate clearly, and maximize your impact as a strategic decision-maker.
Business Problem Solving: An Integrated ApproachBuilding on the experiences and lessons of the first-yearIntegrative Thinking Practicum, this course gives youfirst-hand experience in real business problem solvingin an integrative framework.
Getting It DoneLearn proven techniques for achieving targets andeffecting change, developed over 30 years by leadingbusiness thinkers Peter Drucker, Bill Reddin andMike Kami.
Leadership from the Inside Out: BuildingRelationship Skills that WorkDevelop your empathy and self-awareness, essentialelements of an ongoing learning strategy and a successful business career.
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Integrative Thinking in the curriculum
In today’s business world, it is no longer enough to simply outperform the competition: to thrive in a worldof rapid change, business people have to out-imaginethe competition, by learning how to think — and act —more like designers.
To promote the principles and practices of designthinking, the Rotman School launched its BusinessDesign Initiative in 2006, as part of the Desautels Centrefor Integrative Thinking. In collaboration with StanfordUniversity’s Institute of Design and other industry leaders,the Initiative is working to bring design thinking into the Rotman classroom.
The School’s first course on design thinking was introduced in Fall 2006. The second-year Marketingelective, called the Design Practicum: BusinessInnovation Lab, pairs MBA students with the OntarioCollege of Art and Design’s industrial design students todevelop large-scale solutions to challenges faced byreal clients. A second elective, Innovation, Foresight andBusiness Design, was introduced in 2007.
The Business Design Internship program offered in the summer term puts MBA and design students to workon live client projects where they address a real-worldchallenge. The 2008 offering presented 14 talented students a fantastic opportunity to work with such
companies as Medtronic and Procter & Gamble onprojects with significant strategic impact.
The Business Design Club at Rotman, established in2007, boasts a growing membership of over 80 MBAstudents. This group looks to further the knowledge andapplication of Design Thinking through the developmentof student run learning sessions, special guest speakerevents, case competitions and tours of innovative companies across North America.
Srikanth Lakshminarayan, a 2009 graduate (pictured with Chihiro Hosoe, president of the DesignClub) only discovered Rotman’s strengths in design oncehe arrived. Formerly a computer scientist with HewlettPackard, Srikanth is now a design convert, havingattended the speaker series, completed his summerinternship with DesignworksTM, and travelled to Chicagofor a design research conference.
“As problems have become more complex, it hasbecome clear that sheer analysis is not enough. Clientsare demanding out-of-the-box solutions, not just R&D,but across functions,” says Srikanth. “The borrowing ofmethodologies from the design discipline liberatesthought and adds tremendous value to the process ofproblem solving.”
Business DesignTM
Find out moreIntegrative Thinking rotman.utoronto.ca/integrativethinkingCurriculum rotman.utoronto.ca/integrativethinking/curriculum.htmBusiness Design rotman.utoronto.ca/businessdesign
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Rotman: a leader in design thinking
“ Design thinking has much to offer a business world in which most management ideas and best practices are freely available to be copies and exploited… Look to hire from interdisciplinary programs like the new Institute of Design at Stanford and progressive businessschools like Rotman, in Toronto.” – Tim Brown, CEO, IDEO, in Harvard Business Review (June 2008)
“ In the ancient world, if you were interested in philosophy,you went to Greece. Today, if you’re interested in Business Design, you go to Rotman.” – Prof. JeanneLiedtka, Darden School of Business, University of Virginia; former Chief Learning Officer at United Technologies Corporation
“ As problems have become more complex, it has become clear that sheer analysis is not enough. Clients are demanding out-of-the-box solutions, not just R&D, but across functions.” Srikanth Lakshminarayan ’09
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TM Business Design is a trademark of the Rotman School of Management.
Class of 2009 graduates Chihiro Hosoe, president of the Design Club, and Srikanth Lakshminarayan.
Find out moreCorporate Connections Centre rotman.utoronto.ca/career
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your careerAn MBA will give you the opportunity to compete forjobs at the highest level, in a wide range of industries.Located just blocks from Bay Street, Canada’s equivalentto Wall Street, Rotman is ideally positioned to help youconnect with top employers who hire MBAs. LeadingU.S. and international firms regularly recruit at theSchool. Thanks to its impeccable reputation and connectionsto the business community, the Rotman School will give you an edge in your search for a career that is fulfilling in every way.
Corporate ConnectionsMBA graduates face tough competition in the job market.While there are many ways to measure the return oninvestment of your MBA, we recognize how important it is for you to find a job that launches you on yourideal career path.
Enabling this process is Rotman’s Corporate ConnectionsCentre (CCC), which pursues partnerships with leadingand emerging companies across industry sectors and
coaches you in self-marketing strategies that will benefityou throughout your career — everything from mockinterviews to case workshops. “The CCC provided mewith the knowledge I needed about my chosen field,and gave me the tools and connections to enter thatindustry successfully,” says Omar Shaheen, hired byBain and Company as a strategy consultant after graduating in June 2009. “A large part of my successis attributable to the support from the CCC and the programs and services they provide.”
Whether you are looking for a mentor in your chosenfield, tips on networking and dressing for success, aresumé clinic or preparation for an on-campus interview,the CCC will help you make the most of your potential.As well as assisting MBA students with career placementand self-marketing strategies, the CCC offers coachingto Full-Time MBA students for their summer job search.Once you graduate, you’ll receive lifelong supportthrough alumni job postings and other resources toassist you as your career progresses.
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“ Through its study tours, exchanges and internships abroad, the Rotman School has broadened my perspective on business and provided me with an education that is truly international in scope, allowing me to build a strong foundation for a global career.”
Margi Moscoe ’09
prior education Bachelor’s, Commerce, Queen’s University
prior experienceCategory Insight Manager, Unilever, Calgary
summer internshipBusiness Development Intern, Infosys Technologies, Bangalore, India
after RotmanSenior Associate, Infosys Consulting, New York City
meet some recent graduates
“ The level of teaching at the Rotman School is extraordinary. Even if the subject matter is unfamiliar, the professors inspire you with their excitement to learn more. Their passion is contagious.”
Marina Mnoyan ’09
prior educationBachelor’s, General Psychology, Saint-Petersburg State Regional University
prior experienceAccount Manager, Ogilvy & Mather, Moscow
summer internshipMarketing Intern, Kraft Canada, Toronto
after RotmanAssociate Product Manager, Kraft Canada, Toronto
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class of 2008 annual salaries
Average starting salary $89,698Median starting salary $83,000Salary range $50,000 – $160,000
These are base salaries as reported by studentsand do not include bonuses.
employed at 3 months after graduation
Rotman 90 %LBS 90 %MIT Sloan 90 %Wharton 89 %INSEAD 89 %
class of 2009 summer employment
Summer Job Hiring Rate 83 %Monthly salary $1,500 – $14,000Average monthly salary $5,736
All figures are in Canadian dollars.
Find out moreSalary Statistics rotman.utoronto.ca/career/jobreport.pdf
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“ Business is not black and white: human nature is involved. Understanding how people think can really give you an edge in situations that require creativity and an ability to connect the dots.”
George Yao ’09
prior educationMaster’s, Computer Science; Bachelors, Microbiology and Immunology, University of Western Ontario
prior experienceSenior Consultant, Accenture, Toronto
summer internshipInvestment Banking Associate Intern, Merrill Lynch, Toronto
after RotmanInvestment Banking Associate, CIBC World Markets, Toronto
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consulting 26%
sales/trading 3% marketing 6%
general management 6%
investment banking 9%
investment research 7%
operations 1%other financial services 25%
other 17%
class of 2008 accepted positions by job function
“ Walk the halls of Manulife — in Toronto, Hong Kong, Boston, wherever — and you’ll find Rotman graduates doing what they do best — creating wealth and prosperity.” Don Guloien, Senior Executive Vice-President and Chief Investment Officer, Manulife Financial
“ What Rotman teaches you through its Integrative Thinking approach is to create a solution that works for all the different parts of an organization. That’s critical, especially in my field of strategy consulting.”
Karamjot Singh Bains ’09
prior education Bachelor’s, Electrical Engineering, University of Waterloo
prior experienceTechnology Consultant, Avanade, Toronto and Ottawa
summer internshipMonitor Group, Toronto
after RotmanConsultant,Monitor Group, Toronto
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“ A key advantage of the Rotman School is its location in Toronto, a global financial centre. Coming from a consulting job in Shanghai, I appreciated the invaluable access that Rotman provided me to the North American market.”
Frank Jianwei Li ’07
prior educationBachelor’s, International Business, Shanghai JiaoTong University
prior experience Senior Consultant, BearingPoint/KPMG Consulting, Shanghai
summer internshipResearcher, Adaly Investment, Toronto
after Rotman Principle Consultant, Oracle Corporation, Chicago
top ten employers
Accenture Kraft CanadaBMO McKinsey & CompanyCIBC RBCCPP Investment Board ScotiabankDeloitte TD Financial Group
others hiring recent grads
Bain & Company National Football LeagueeBay Procter & GambleIBM Canada Research in MotionInfosys Technologies Wal-Mart
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“ In my line of business, getting a technical answer right is only about ten per cent of what’s needed. At Rotman you learn to put yourself into your clients’ shoes and figure out how they think in order to help them toward a solution. That’s where success lies.”
Hala Kosyura ’07
prior educationBachelor’s, Humanities, Lviv State University, Ukraine
prior experienceConsultant, Microfinance and Development Banking, Toronto
summer internshipIntern, Strategy Consulting, Boston Consulting Group, Toronto
after RotmanConsultant, Strategy Consulting, Boston Consulting Group, Toronto
Find out moreStudent life at Rotman rotman.utoronto.ca/studentlifeStudent clubs rotman.utoronto.ca/studentlife/studentorganization.htmlStudent MBA blogs rotman.utoronto.ca/mba/students/diary.asp
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“ Unique curriculum. Killer profs. Rich history. Business design. Integrative thinking. Creativity blooming. The Rotman School is top-tier.” Ravi Prashad ’08
student lifeHigh AchieversAt the Rotman School, you will find yourself challengedand motivated to excel by the high calibre of yourclassmates — peers who will provide a lifetime networkof friends and business contacts. The Rotman Schooldeliberately seeks out students who have done interestingthings with their lives since completing their undergraduateeducation. Our students have worked in the real worldfor an average of five years, travelled, and sought outexperiences that make for an incredibly dynamic class.
These are people with a winning track record and astory to tell, who will enrich your learning in endlessways. Natty Yagudin ’09, who worked for Moody’sin New York City as a systems analyst before coming to Rotman, was impressed by the talent and diversity of her classmates. Here’s how she described her ‘super star’group members in her MBA blog: “One of them completed a master’s at Stanford, another is an engineerwho travelled all over the world for his job, and anotheris an English major from China who worked in thebanking industry before moving to Canada two years ago.Every student I meet has an interesting background and something to add to the conversation.”
University of Toronto: Canada’s Ivy LeagueThe University of Toronto is recognized worldwide asCanada’s pre-eminent research university, a reputationthat will add value for students who aspire to careerswith global dimensions. Established in 1827, U of T is home to 73,000 students and 19,00 faculty and staffmembers, and generates an annual economic impact of $5.4 billion. It also boasts:• Six Nobel Prize-winning graduates• The highest number of Rhodes Scholars of any
Canadian university• 108 spin-off companies with 4,000 employees
and revenues of $800 million
Rotman students are welcome everywhere on the U of Tcampus, which offers unmatched opportunities for learning and recreation. Some of its attractions include: • First-class athletic facilities at Hart House and the
Athletic Centre. Membership is free for Rotman students.• Fourth-largest research library in North America,
just across the street from the Rotman School. Rotman students have access to all U of T libraries.
• A range of dining options, including vegetarian food at the International Student Centre, and halal and kosher food at the Arbor Room at Hart House.
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student clubs at Rotman: a sampling
Entertainment and Media AssociationGlobal Business AssociationImpact ConsultingRotman Dragon Boat ClubRotman Finance AssociationRotman Golf ClubRotman Marketing AssociationRotman Wine SocietyWomen in Management Association
See web page listed at left for the full list of Rotman’s student clubs.
06:30 Wake up
07:00 Eat breakfast
07:30 Take subway to the Rotman School (read newspaper)
08:00 Listen to former Prime Minister Paul Martin present his views on the credit crisis in the atrium of the Rotman building
09:30 Venture Capital Class
12:00 Meet venture capitalists for networking lunch
13:30 Go for a swim at the gym
15:00 Take subway back to Rotman (read newspaper)
15:30 Read and respond to e-mail, and follow up on actions from lunch
a day in the life: February 12, 2009 Brant R. Carson ’09*
16:30 Speak with Program Services to discuss Rotman Formal plans
17:00 Read case for Roger Martin’s Opposable Mind class
18:30 Make dinner
19:30 Conduct an interview for my independent study
21:00 Watch the third period of the Toronto Maple Leafs game
22:00 Respond to school and personal e-mail
22:30 Read a chapter of Malcolm Gladwell’s Outliers
23:00 Go to sleep
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* In 2009, Brant, the ’08–’09 president of the Graduate Business Council, started work as an Associate with McKinsey & Company.
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exceptional facilitiesthe Rotman building: room to growWhen you spend eight to ten hours per day in a building, it has to be ‘built for life’, as comfortable as it is functional, and the Rotman School is just that. The School is housed in a bright, modern building thatcomes with technologically equipped classrooms anduser-friendly study spaces and breakout rooms. TheBusiness Information Centre is Rotman’s own on-sitelibrary, and the Financial Research and Trading Labis our state-of-the-art trading floor, where students learnand compete in trading and case competitions.
As part of its ambitious expansion plans, the Schoolis constructing a new building adjacent to — and fully integrated with — the existing structure, more than doubling its size. Expected to open in the Fall of2011, the new building will house new classrooms,study space, a 400-seat event facility, the DesautelsCentre for Integrative Thinking, the Martin ProsperityInstitute and other Centres of Excellence, and otherresearch programs.
prime locationThe Rotman School is located on the main University of Toronto campus at 105 St. George Street, one block from the St. George subway station and minutes from Bay Street, Canada’s business centre. Underground parking is available on site.
“ The professors know their stuff and can tie it back to real events. You can’t walk into the classroom without having a well-structured discussion about how the day’s events will impact the business world.” George Yao ’09
Find out moreRotman faculty biographies rotman.utoronto.ca/faculty.htmIntegrative ThinkingTM Seminar Series rotman.utoronto.ca/integrativethinking/seminars.htm
research rank
Rotman 20Yale 28UCLA 28Darden 43University of Oxford: Said 59
The lower the number, the better the rank.Financial Times Ranking 2009
thought leadersAn Intellectual HubAt Rotman you will gain exposure to some of theworld’s leading business thinkers. In the classroom, ourtop-20 ranked faculty give students first access to thelatest research before it filters into consulting firms andmajor corporations. Outside of classroom hours, some of the greatest minds in business share their insights at conferences, seminars and speakers series, and inarticles for Rotman Magazine.
World-Class FacultyOur 100 faculty members have built a stellar reputationfor their groundbreaking research, published work, and their authoritative insight into an exceptionally widerange of management issues. The Rotman faculty is currently ranked 19th in the world by the Financial Timesfor its research output, and our Finance department isconsistently ranked in the top ten worldwide. They willbe your teachers, mentors and team builders, spurringyou to think in ways you never imagined.
The World Comes to RotmanSince 2001, the Rotman Integrative Thinking SeminarSeries has given students and the local business community a rare chance to get a glimpse inside theminds of some of today’s leading business thinkers. Thereal-world perspective, leadership styles and personalphilosophies these executives share with students havean extraordinary impact. Speakers to date include:
Michael DellFounder and Chairman, Dell Inc.
A. G. LafleyFormer Chairman, President and CEO, Procter & Gamble
Nandan NilekaniCEO, President and Managing Director, Infosys
S. RamadoraiCEO, Tata Consultancy Services
Jack WelchFormer Chairman and CEO, General Electric
Meg WhitmanPresident and CEO, eBay
faculty with doctorates
Rotman 98 %Columbia 97 %Stanford 96 %Kellogg 95 %Harvard 95 %UCLA 93 %
Find out moreRotman faculty biographies www.rotman.utoronto.ca/faculty.htmIntegrative ThinkingTM Seminar Series www.rotman.utoronto.ca/integrativethinking/seminars.htm
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social capital
“ There is a certain quiet excellence displayed by Rotman faculty that makes working here a delight. The professors are truly outstanding, but are modest about their accomplishments. Their focus is entirely on the substance of the research and on helping students achieve their best.”
Tiziana Casciaro
Assistant Professor of Organizational Behaviour
PhD, Carnegie Mellon University
Recipient of the Academy of Management’s Business Policy and Strategy Best Paper Award
Formerly an assistant professor at Harvard Business School, Casciaro specializes in the study of social networks, power and influence, and leadership.
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integrative thinking
Mihnea Moldoveanu
Marcel Desautels Professor of Integrative Thinking and Director, Desautels Centre for Integrative Thinking
DBA, Harvard University, Graduate School of Business Administration
Named one of Canada’s Top 40 Under 40TM for 2008
Three-time recipient of the School’s Excellence in Teaching Award
Founder and Chief Technical Officer of Redline Communications Group
finance
John Hull
Director, Centre for Finance, Professor of Finance and Maple Financial Group Chair in Derivatives and Risk Management
PhD, Cranfield University
In 2008, became the first honouree in The Professional Risk Managers InternationalAssociation’s (PRMIA) History Makers Series
Voted as the academic “who has made the biggest contribution to the derivatives industry in the last five years” at the 2006 Global Derivatives Conference in Paris
Author of Options, Futures, and Other Derivatives and Fundamentalsof Futures and Options Markets, both widely used in trading rooms and business schools around the world
strategy
Anita McGahan
Professor, Strategic Management and Rotman Chair in Management
PhD, Harvard University
McGahan is also senior associate at Harvard University’s Institute for Strategy and Competitiveness, and a former consultant at McKinsey & Company
In 2001, McGahan was named by CIO Magazine as one of five international experts on the strategic use of technology
marketing
David Dunne
Adjunct Professor of Marketing and Co-Director, Rotman Teaching Effectiveness Centre
PhD, University of Toronto
Recipient of the University of Toronto President’s Teaching Award and the 3M Fellowship
Launched and managed several well-known products in the packaged goods industry as a marketing manager with Unilever and Young & Rubicam Advertising
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“ The Rotman School provides me with the opportunity to interact with current and future business leaders — who are key drivers of Canada’s competitiveness — to ensure their skill set is truly international in scope.”
Walid Hejazi
Associate Professor of International Business
PhD, University of Toronto
Led the 2008 study tour to the Middle East
Regularly advises on issues of competitiveness and public policy in Canada and abroad, in Pakistan, China, Vietnam, United Arab Emirates and the Caribbean.
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a global contextAn International PerspectiveRotman students are exposed to a global perspective ofmanagement and choose from a range of elective coursesdealing with international management. In second year,students have the opportunity to participate in exchangeprograms for one full term. In Summer 2008, Fall 2008and Spring 2009, 29 second- and third-year studentsparticipated in exchanges at 17 leading universities world-wide, studying everywhere from Switzerland to Singapore.
The Rotman International Study Tours are designed toprovide students with the opportunity to understand theopportunities and risks associated with the emergenceof important markets in the world economy. In 2009–2010, Rotman will be offering three international studytours to China, India and the Middle East. Participantswill have the opportunity to partake in pre-tour classes,in-country site visits as well as cultural and tourist activities.
international faculty
Rotman 68 %Columbia 63 %Stanford 43 %Wharton 36 %Harvard 36 %
Financial Times 2009 MBA Rankings
international students
Rotman 44 %University of Chicago 42 %Yale 34 %Harvard 33 %UCLA 32 %
Financial Times 2009 MBA Rankings
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“ You can’t imagine what Dubai is like until you go there. Many multinational companies are just entering the market or seeking to expand their presence, and especially for those who are early in their careers, there are opportunities that can’t be found anywhere else.” Stefanie Schram ’10, pictured at centre, who participated in the 2008 Middle East tour
The Rotman MBA reflects the reality of doing business in the global economy, and the School’s location is amajor asset: Toronto is the world’s most multiculturalcity, with over half the city’s population born outside ofthe country. Toronto’s linguistic, religious, ethnic andracial diversity can be astonishing to newcomers.“Toronto is one of the reasons that Rotman is such agood choice for international students,” says FrankJianwei Li ’07, who worked as a senior consultant atBearingPoint/KPMG Consulting in Shanghai beforemoving to Toronto to study for his MBA. “The city is so multicultural, and although I wasn’t born here, I never felt like a foreigner. From day one, you feel like you belong.”
The School attracts a highly diverse group of studentsfrom many countries, cultures and backgrounds. Over40 per cent of the two-year MBA class of 2010 consistsof international students from 28 countries, who speak34 languages (see list on page 29). A distinct orientationprogram has been designed for international students,just one of the programs designed to ensure that all ofour MBA students make the most of the resources andservices available at the School. Helping to bring theworld into the classroom, Rotman boasts one of themost international faculties of any leading businessschool. And some of the greatest business leaders fromaround the world regularly visit the School to sharetheir insights at conferences and seminars.
Find out moreInternational study opportunities rotman.utoronto.ca/mba/international_study.htmInternational students rotman.utoronto.ca/mba/international.htmLiving and studying in Toronto isc.utoronto.caFinding a place to stay in Toronto rotman.utoronto.ca/mba/international.htm#housing
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a global community
North America 62.5% Asia 26%
Latin America & Caribbean 4%
Africa & Middle East 2.5%
Europe 5%
full-time two-year MBA class of 2011 area of origin
entering September 2009
graduates’ international experience
rank out of 100
Rotman 40Wharton 42Columbia 46Yale 72Harvard 87
Measures international exposure during the MBA program; the lower the number, the better the rank.
international mobility post-graduation
rank out of 100
Rotman 28Harvard 42Wharton 43Columbia 46Stanford 65
Measures graduates’ international job experience post-graduation; the lower the number, the better the rank.
MBA exchange programs
AustraliaAustralian Graduate School of Management,
SydneyMelbourne Business School, University of
Melbourne
ChinaTsinghua University, BeijingThe Chinese University of Hong KongHong Kong University of Science and TechnologyChina Europe International Business School,
ShanghaiFudan University, Shanghai
FranceESSEC Business School, Paris
GermanyWHU Beisheim School of Management,
VallendarEuropean Business School, Frankfurt
IndiaIndian School of Business, Hyderabad
IsraelThe Leon Recanati Graduate School of Business,
Tel Aviv University
ItalySDA Bocconi School of Management, Milan
MexicoTec de Monterrey (ITESM)
NetherlandsRSM Erasmus, Rotterdam
SingaporeNational University of Singapore
SpainInstituto de Empresa, Madrid
SwitzerlandUniversity of St. Gallen
South AfricaUniversity of Cape Town
TaiwanNational Taiwan University
United KingdomLondon Business SchoolManchester Business School
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study tours 2009
ChinaDates: January 4 –16Students participating: 13Cities visited: Hong Kong, Beijing, Shanghai,Shenzhen and DongguanCultural highlight: Great Wall of China (pictured above)
IndiaDates: May 3 –15Students participating: 15Cities visited: Delhi, Mumbai, Pune andAhmedabadCultural highlight: Taj Mahal
Middle EastDates: January 3 –16Students participating: 14Cities visited: Istanbul, Dubai and Abu DhabiCultural highlight: Desert Safari
languages spoken: class of 2010
Arabic Hindi SinhalaBengali Italian SpanishBulgarian Japanese SwahiliCantonese Kannada TagalogCoorgy Malayalam TamilEnglish Mandarin TeluguFarsi Polish ThaiFrench Portuguese TurkishGerman Punjabi UkrainianGujarati Russian UrduHaryanvi Serbo-CroatianHebrew Shanghainese
june 2009Dean Roger Martin appears on Canadian Businessmagazine’s list of ‘The 25 Most Influential People in Business’.He is the only academic on the list.
may 2009“[With the current pace of change,] knowing something isnot going to help you: managers must dynamically respondto what needs to be done. That’s what the Rotman School isteaching, and it’s what will keep people relevant in tomorrow’sworld.” – Nandan Nilekani, Co-Chairman and Co-Founderof Infosys Technologies, speaking at the Rotman School
march 2009‘How the Crash Will Reshape America’ by RotmanProfessor Richard Florida, director of the Martin ProsperityInstitute, is featured on the cover of The Atlantic.
january 2009In its 2009 ranking of full-time MBA programs worldwide,the Financial Times ranks Rotman 47th in the world, andtop 25 in North America. The School ranks in the top 20worldwide for research, for its PhD program and for alumnirecommendations.
december 2008In its eighth annual ‘Year in Ideas’ section, The New YorkTimes Magazine features research on the physical effects of social exclusion by Rotman professors Chen-Bo Zhongand Geoffrey Leonardelli.
In BusinessWeek’s 2008 Best International Business Schoolrankings, the Rotman School ranks number three for IntellectualCapital (after LBS and INSEAD), number five by the businesscommunity in the Corporate Poll, and number eight overall.
june 2008“Design thinking has much to offer a business world inwhich most management ideas and best practices are freelyavailable to be copied… Look to hire from progressivebusiness schools like Rotman, in Toronto.” – Tim Brown,CEO, IDEO, in Harvard Business Review
march 2008Professor Mihnea Moldoveanu, director of The DesautelsCentre for Integrative Thinking, is featured on the cover of Canadian Business magazine’s ‘Reinventing the Leader’issue. A few weeks later, he is named one of Canada’s ‘Top Forty Under Forty.’
“Integrative Thinking has fuelled the [Rotman School’s] riseto a highly regarded program that gets mentioned in thesame breath as the likes of Yale, Stanford and Kellogg. If the world of business education can have celebrities,Roger Martin is Canada’s biggest. [Martin will] leave alasting impact on how the next generation of business leaders are educated.” – Canadian Business
october 2007“Rotman was among the first business schools to beginteaching design as a strategic advantage, through productdevelopment and prototyping classes that pair designerswith MBAs, through a Designworks research center, andthrough internships that give students hands-on experiencein R&D.” – BusinessWeek
september 2007“The dynamic character of today’s Rotman School ofManagement has to mark one of the more rapid and radicaltransformations in the annals of North American businesseducation. The current sense of urgency at Rotman is personified by the likes of Richard Florida, the high-profileU.S. urban-studies guru recruited by Rotman Dean RogerMartin last summer.” – David Olive, The Toronto Star
august 2007Dean Roger Martin is named as one of 10 ‘B-School All-Stars’ who are revolutionizing business education byBusinessWeek.com. Martin is cited for pioneering a businessphilosophy that is oriented around design and integrativethinking. He was the only non-American and current businessschool Dean to make the list.
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we’re transforming business education…More valuable than what theRotman School says about itself is what the world’s media, business andthought leaders say about us.
june 2007“How Successful Leaders Think” by Dean Roger Martin isthe cover story of the June issue of Harvard Business Review.The article introduces the concept of Integrative Thinking to the readership of the world’s most important business journal, and previews Martin’s forthcoming book: TheOpposable Mind: How Successful Leaders Win ThroughIntegrative Thinking (Harvard Business School Press, 2007).
may 2006“Rotman is the business school that I keep my eyes on,because what [they are] doing is trying to reinvent the MBAfor the 21st century.” – Dr. Richard Florida, author of TheRise of the Creative Class (in Rotman Magazine). Dr. Floridasubsequently joined the School as Professor of Business andCreativity and Director at the Martin Prosperity Institute.
january 2006Dean Roger Martin facilitates two workshops for businessleaders at the World Economic Forum in Davos, Switzerland:the CEO Series session, “Who’s Choosing Whom?” and“The Big Debate: Setting the Business Agenda.” He is also apanellist for the “Prepping for the Creative Economy” session.
november 2005In the Financial Times’ homage to management guru Peter F. Drucker, Simon London writes, “A handful ofenlightened business school deans — [such as] Roger Martinat the University of Toronto’s Rotman School — are startingto preach the gospel of integrated thinking, cross-disciplinarystudies and learning-by-doing.”
august 2005BusinessWeek’s Special Report: Get Creative! features DeanRoger Martin as one of seven ‘Innovation Gurus’. Martin— the sole academic in the group — is called “the leadingproponent of design thinking at business schools. He seesvalue in the designer’s approach to solving problems — the integrative way of thinking and problem-solving thatcan be applied to all components of business.” The RotmanSchool is listed in the same issue as one of four MBAPrograms that “get it.”
february 2005Dean Roger Martin’s ‘Seek Validity, Not Reliability’ theoryis named one of Harvard Business Review’s ‘BreakthroughIdeas for 2005’. Martin urges companies to steer away fromtheir obsession with consistent and predictable results infavour of embracing uncertainty and ‘fuzzy’ but valid data.
june 2004Dean Roger Martin is quoted heavily in Fast Companymagazine’s ‘Masters of Design’ issue about his belief that“we are on the cusp of a design revolution in business.”
april 2004The Globe and Mail names Dean Roger Martin and RotmanAdjunct Professor Don Tapscott two of the top three management theorists in Canada, based on a survey of CEOs.
april 2003“Rotman students are learning to think in new and uniqueways; that’s incredibly important. They will bring thesethinking skills to the organizations that they join. New thinkingis what’s needed in the competitive global marketplacetoday.” – A.G. Lafley, CEO, Procter & Gamble Company,speaking at the Rotman School
october 2002As part of its annual survey of MBA recruiters, The WallStreet Journal names the Rotman School one of 10 ‘hiddengems’ — schools that “produce excellent graduates but donot receive the recognition they deserve.” This is the firsttime a non-U.S. business school has earned this designation.
june 2002“What the Rotman School is doing may be the most importantthing happening in management education today.” –Management guru Peter F. Drucker (1910-2005),renowned business scholar and author of more than 30books, speaking at the Rotman School
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and the world is taking notice
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Toronto receives top marks
The Economist ranks Toronto as the fifth most liveable city in the world, ahead of New York, London and Paris, and names Canada “the most liveable destination in the world.”
Fortune Magazine ranks Toronto first overall in its international survey of cities in which to live and work, calling it among other things, the “safest city in North America.”
Forbes magazine named Toronto to its top ten ofthe World’s Most Economically Powerful Cities, calling it “one of the best places for companies to establish themselves.”
Foreign Policy ranked Toronto as the world’s 10th most global city, as well as fourth best for cultural experiences.
Rotman students name their Top Five things to do in Toronto
Taking in culture at the Art Gallery of Ontario (recently redesigned by Toronto-born, internationally-acclaimed architect Frank Gehry)and history at the Royal Ontario Museum
Dining in Chinatown, Greektown, Little India and Little Italy
Ice skating at City Hall
Shopping and people-watching on Queen Street West
Stargazing at the Toronto International Film Festival in September
“ Toronto is a metropolis with clean air and healthy downtown neighbourhoods. In short, a city that works.” The New York Times
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Find out moreToronto toronto.com and toronto.caUniversity of Toronto utoronto.caFinding a place to stay in Toronto rotman.utoronto.ca/mba/toronto.htm#housing
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The Rotman MBA program is located in downtownToronto, Canada’s financial, commercial and culturalcapital. Toronto is the third-largest centre for financialservices and communications technology in NorthAmerica, and the site of major clusters of innovation in industries ranging from aerospace to biotech. Itsbusiness services sector is growing faster than those inNew York, Los Angeles, Boston and Washington, DC.
With a truly multicultural population of 5.5 millionpeople, safe, clean streets and a vibrant culture, Toronto is consistently ranked as one of the best cities inthe world in which to live. Chris Flanagan, writing inBusinessWeek online’s Business Innovation Factory,says, “Bottom line: if you want to learn about innovation,Toronto is the place to be.” Needless to say, it’s a greatplace to do business.
Rotman students are trained just blocks from BayStreet (Canada’s business centre), and the School takesfull advantage of its strategic location by drawing on arich pool of business and political leaders as teachers,
mentors and speakers. A wide variety of academic andresearch partnerships exist between Rotman and thecorporate world. Combine Rotman’s assets with theadvantages of living and studying in Toronto, and yousimply have one of the best places in the world to learna new way to think about business.
Get to Know the CityFor MBA students new to Toronto, the Rotman Schoolprovides a variety of resources to help make your transition a smooth one. Once your application hasbeen accepted, you will gain access to the pre-programStudent Portal, where the ‘Your City’ site has a usefuloverview of Toronto and its neighbourhoods, informationon getting established in your new home, and ‘survivaltips’ from current Rotman MBAs. Starting with theincoming class of 2009, the School is hosting RTalk, an online forum where new Rotman students can chatwith current MBAs from their region of the world anddiscuss their questions and concerns.
Toronto: centre of the action
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programs
The Full-Time Two-Year MBA program welcomes approx-imately 260 first-year students annually and begins inlate August with an optional pre-MBA program. The firstyear is comprised of a core curriculum which all studentsfollow, covering foundational areas of business as well ascourses that introduce you to the concept of IntegrativeThinking. The first-year class is split into four sections ofabout 65 students each. These will be your classmatesand study group colleagues until January, when sectionsare switched to expose you to fresh talent and ideas.
Pre-MBA ProgramBefore you are immersed in our intense academic program,we offer you some introductory information and learningopportunities. For three weeks in August, participantstake pre-courses in Accounting, Finance and QuantitativeMethods, professional skills workshops on topics such as Academic Writing and Presentation Skills, and anorientation for international students, designed to introduceyou to the people and services available at the School.
Orient YourselfAll students begin their MBA experience with a full dayof introductory and team-building activities at theRotman School before heading to a three-day orientationheld at a retreat north of Toronto. Largely planned andled by second-year students, Orientation is widely cited
as a program highlight, providing students with a greatsocial and academic foundation for the next two years.
First Year: The Start of Something BigThe first year’s core curriculum offers you a solid foundation for a lifetime of learning. Beginning in thefirst week of September, the first year is divided into fourquarters, or ‘mini-semesters’, lasting seven weeks each.Working in a small study group of four or five students,you will be exposed to a new way of thinking aboutmanagement and business, and develop your knowledge,your critical faculties and your practical skills.
Second Year: Choosing a DirectionThe second year at Rotman is all about choice. You mayspecialize by choosing a major or function (such asMarketing), or enhance your generalist perspective bytaking courses from different academic disciplines.Students have more than 90 elective course offerings tochoose from. While renowned for our strength in Finance,the Rotman School has strengths in a number of functional areas, reflected in the choice of MBA majors:• Brand Management• Consulting• Funds Management• Global Management• Health Sector Management• Human Resources Management• Innovation and Entrepreneurship• Investment Banking• Risk Management and Financial Engineering
full-time MBA
Pre-MBA ProgramMonth of August
Program includes: English for ProfessionalsProgram
International StudentOrientation Week
Academic Pre-Courses andProfessional DevelopmentWorkshops
first yearOrientationEarly September
1st QuarterSeptember – October
Foundations of IntegrativeThinking™
Financial Accounting I
Managing People inOrganizations
Statistics I
Managerial Economics
2nd QuarterNovember – December
Financial Accounting II
Finance I
Managing Customer Value I
Statistics II
Strategy I
3rd QuarterJanuary – February
Negotiations
Leadership and Ethics I
Finance II
Managing Customer Value II
Macroeconomics
Strategy II
full-time MBA course schedule
Find out moreFull-Time MBA rotman.utoronto.ca/mbaCurriculum rotman.utoronto.ca/mba/courses.htm
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4th QuarterMarch – April
Integrative ThinkingTM Practicum
Leadership and Ethics II
Global Managerial Perspectives
Managerial Accounting
Operations Management
Note: courses are subject to change over time as the School’s innovative curriculum evolves.
second yearFall TermSeptember – December
Five elective courses
Continue or complete the requirements for all joint programs
International exchange opportunity
full-time MBA class of 2011 profile
entering September 2009
Class size 265Average age 27 yearsAverage work experience 4 yearsAverage GMAT score 660Men 71 %Women 29 %International students 41 %
industry background
Advertising/Marketing 5 %Construction/Contracting 3 %Consulting 8 %Education 4 %Engineering 11 %Entertainment 2 %Finance/Banking 14 %Government/Public Sector 2 %Health 5 %Law 1 %Manufacturing 4 %Real Estate 1 %Research 2 %Retail/Import Export 2 %Service/Hospitality/Tourism 1 %Telecommunications/IT 19 %Other 16 %
Summer Break
Internship, international study tour, or other opportunities
Winter Intensive and Spring TermsJanuary – April
Five elective courses
Continue or complete the requirements for all joint programs
International exchange and study tour opportunity
ConvocationJune
Get set for a great future!
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Learn While you EarnDesigned with working professionals in mind, the Three-Year Morning MBA program (completed on a part-timebasis) offers classes outside of regular working hours,allowing you to study without sacrificing your professionalor personal lives. Whether your goal is to advance in your organization or industry, or to start your own business, a Rotman MBA will give you the tools youneed to compete and succeed.
Our three-year MBA students come from a wide varietyof industrial, commercial, government and entrepreneurialbackgrounds. These dynamic professionals are asvibrant as the business community that surrounds them.
The Morning MBA program begins in late August.The curriculum is identical to that of the Full-Time MBAprogram, and students may transfer to the Full-Timeprogram if circumstances require them to do so.
Business Education to Fit your ScheduleIntroduced in August 2007, the Morning MBA featurescore classes held on Tuesday and Thursday mornings,from 7 to 8:59 am. Orientation and pre-courses areheld at the Rotman School in mid-August, (classes forthe 2012 graduating class began on August 14, 2009).
Strengths of the Three-Year ProgramUnique among part-time MBA programs, the RotmanThree-Year program has several advantages that makeit ideal for working professionals:• Innovative curriculum featuring Integrative Thinking• Completed in three years• Team-based program• Small classes• Same instructors as full-time program
morning MBA
first year second yearOrientationMid-August
6-Day IntensiveLate August
Negotiations
Foundationsof IntegrativeThinkingTM
Fall TermSept. – December
ManagerialEconomics
FinancialAccounting
6-Day IntensiveEarly January
Leadership & Ethics
Managing People in Organizations
Spring TermJanuary – April
Statistics
Macro Economics
Summer TermMay – August
Finance
ManagingCustomer Value
Fall TermSept. – December
ManagerialAccounting
OperationsManagement
Global ManagerialPerspectives
morning MBA course schedule
Find out moreMorning MBA rotman.utoronto.ca/morningmba Morning MBA Courses rotman.utoronto.ca/morningmba/coursesCareer Services rotman.utoronto.ca/career
By adhering to the above-noted course sequencing, students will fulfill the program requirements within 32 months.The duration of the program can be reduced should a student opt to take additional elective courses during the designated academic terms. Such a student would graduate at the same time as the rest of his or her class.
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third year6-Day IntensiveEarly-January
Strategy
Spring Term*January – April
Two elective courses
Summer Intensive Term**May
Three elective courses
Summer Term*May – August
Integrative ThinkingTM
Capstone Course
Optional elective courses
Fall Term*Sept. – December
Three elective courses
International exchangeopportunity
* Students are required to complete eight upper-year elective courses in addition to the Integrative ThinkingTM Practicum.** Registration priority given to Three-Year students.Note: Core courses are subject to change over time as the School’s innovative curriculum evolves.
Winter Intensive and Spring Terms*January – April
Three elective courses
International exchange and/or study tour opportunity
ConvocationJune
Get set for a great future!
morning MBA class of 2012 profile
entering August 2009
Class size 50Average age 30 yearsAverage work experience 5.5 yearsAverage GMAT score 650
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Learn While you EarnDesigned with working professionals in mind, the Three-Year Evening MBA program (completed on a part-timebasis) offers classes outside of regular working hours,allowing you to study without sacrificing your professionalor personal lives. Whether your goal is to advance in your organization or industry, or to start your own business, a Rotman MBA will give you the tools youneed to compete and succeed.
Our three-year MBA students come from a wide varietyof industrial, commercial, government and entrepreneurialbackgrounds. These dynamic professionals are asvibrant as the business community that surrounds them.
Evening MBA classes begin in late April each year (thestarting date was April 24, 2009 for the 2012 graduatingclass). The curriculum is identical to that of the Full-TimeMBA program, and students may transfer to the Full-Timeprogram if circumstances require them to do so.
Business Education to Fit your ScheduleThe Evening MBA features classes held two eveningsper week, usually from 6:30 to 8:30 pm. Orientationand pre-courses, held over the last two weekends ofApril, are offered to help you get up to speed beforethe MBA program officially begins. Orientation features a breakfast and welcome, curriculum overview, introduction to Rotman’s career services, business simulation competitions, and other activities designed to get students into an MBA frame of mind.
Strengths of the Three-Year ProgramUnique among part-time MBA programs, the RotmanThree-Year program has several advantages that makeit ideal for working professionals:• Innovative curriculum featuring Integrative Thinking• Completed in three years• Team-based program• Small classes• Same instructors as full-time program
evening MBA
evening MBA course schedule
Find out moreEvening MBA rotman.utoronto.ca/eveningmba Evening MBA Courses rotman.utoronto.ca/eveningmba/coursesCareer Services rotman.utoronto.ca/career
first year second yearOrientationEnd of April
Summer TermLate-April – August
Negotiations
Managerial Economics
Foundations of Integrative ThinkingTM
Financial Accounting
Fall TermSeptember – December
Macro Economics
Managerial Accounting
Statistics
Spring TermJanuary – April
Strategy
Managing People in Organizations
Summer TermMay – August
Finance
Leadership & Ethics
Fall TermSeptember – December
Managing CustomerValue
Operations Management
Global ManagerialPerspectives
By adhering to the above-noted course sequencing, students will fulfill the program requirements within 32 months.The duration of the program can be reduced should a student opt to take additional elective courses during the designated academic terms. Such a student would graduate at the same time as the rest of his or her class.
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evening MBA class of 2012 profile
entering May 2009
Class size 68Average age 30 yearsAverage work experience 5.5 yearsAverage GMAT score 630
third yearWinter Intensive and Spring Terms*January – April
Two elective courses
International exchange and/or study tour opportunity
Summer Intensive Term**May
Three elective courses
Summer Term*May – August
Integrative ThinkingTM
Capstone Course
Optional elective courses
Fall Term*September – December
Three elective courses
International exchangeopportunity
* Students are required to complete eight upper-year elective courses in addition to the Integrative ThinkingTM Practicum.** Registration priority given to Three-Year students.Note: Core courses are subject to change over time as the School’s innovative curriculum evolves.
Winter Intensive and Spring Terms*January – April
Three elective courses
International exchange and/or study tour opportunity
ConvocationJune
Get set for a great future!
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Master of FinanceDesigned for working professionals who live in theToronto area, the 20-month Master of Finance programoffers a mix of theoretical and applied courses, withcontent that extends beyond that offered by an under-graduate commerce degree, a CFA or any other professional finance program.
One-Year MBA for ExecutivesThe Rotman One-Year MBA for Executives (EMBA) is an intensive, 13-month program for high-achieving professionals with management experience. It allowsbusiness leaders to earn a world recognized MBA without interrupting their careers.
Omnium Global Executive MBA ProgramThis 16-month program — an alliance between theRotman School and the University of St. Gallen(Switzerland), supported by well-known post-secondaryinstitutions in Brazil, India, Hong Kong and China —brings participants together in cross-cultural study teams to gain business experience in the world’s maineconomic regions.
JD/MBAThe JD/MBA program is a four-year degree offered bythe Rotman School and the Faculty of Law. This programcombines graduate training in management with adegree in law. Taken separately, these two degreeswould take five years to complete.
Jeffrey Skoll BASc/MBAThe Jeffrey Skoll BASc/MBA program brings togetherundergraduate studies in engineering and an MBA. It provides a fast track to a career as a manager orexecutive in a technology-based business.
Collaborative Program in Asia-Pacific StudiesThis collaborative master’s degree program — takenalongside the MBA program — is designed to providegraduates with advanced training in the historical andsocial science studies of modern East and Southeast Asia.
Collaborative Program in Environmental StudiesStudents admitted to the MBA program can apply tothis collaborative program (offered through theUniversity of Toronto’s Centre for Environment) and pursuecourse work and research in environmental areas.
other Rotman programs
Find out moreMaster of Finance rotman.utoronto.ca/mfinOne-Year MBA for Executives rotmanemba.comOmnium Global Executive MBA Program www.omniumgemba.comJD/MBA rotman.utoronto.ca/jdmbaThe Jeffrey Skoll BASc/MBA rotman.utoronto.ca/skollCollaborative Program in Asia-Pacific Studies rotman.utoronto.ca/collaborative-asia.htmCollaborative Program in Environmental Studies rotman.utoronto.ca/collaborative-environmental.htmRotman Commerce utoronto.ca/rotmancommerceRotman Phd rotman.utoronto.ca/phd
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getting inwork experience requirements will be considered on an individual basis. Contact the Recruitment andAdmissions Office for more information before submittingan application.
Get to know the Rotman SchoolBuilding and class toursIf you’re in the Toronto area, we invite you to contact us to arrange a class visit or a tour of the buildingand its first-class facilities (depending on availability).
Student ambassadorsFrom a wide range of countries and backgrounds, thesefirst and second year MBA students are available via e-mail to provide insight and assistance to prospectiveand newly-admitted students.
Recruitment eventsThe Rotman School’s admissions team attends MBArecruitment events in Toronto and around the world,providing applicants with the opportunity to learn aboutthe Rotman MBA experience first-hand. Suitable applicantsmay also be asked to participate in an ‘interview’ (actually more of a friendly discussion). In 2009,Rotman admissions staff will visit 39 cities in 23 countriesto meet candidates for the Rotman MBA (see the URL for the ‘Recruitment world tour’ listed below).
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Find out moreTest of English as a Foreign Language toefl.orgAdmission requirements rotman.utoronto.ca/mba/admission.htmRotman ambassadors rotman.utoronto.ca/ambassadorsRecruitment world tour rotman.utoronto.ca/mba/worldtour_09.htm
Finding the Right FitThe Rotman School seeks highly motivated applicantswho have the potential to become future leaders: individuals who have demonstrated initiative, integrityand strong motivation in academic and professionalpursuits. Maturity, well-rounded experience and adesire to have an impact are other traits we seek. Thefollowing criteria are used in assessing applicants:• A recognized undergraduate degree: minimum GPA
of 3.0 (i.e. 75%, equivalent to a B average) during thelast year of their undergraduate or graduate education
• GMAT score: no minimum is required (the range for the 2010 class was 550-780)
• Demonstrated command of English: undergraduate or graduate degree from an official English language university, or a TOEFL score of 600 (written) or 250 (computer) or 100 (Internet) and 5.0 on the TWE
• Full-time work experience (minimum two years for the Full-Time MBA and minimum four years preferred for the Morning and Evening MBAs) with a record of accomplishment in employment. (Note that full-time work experience is not required for the JD/MBA or Skoll programs)
• Two professional reference letters from supervisors
Exceptional applicants who do not meet the minimum
what you need to apply
Your application file should include:• The formal application form, available at
rotman.utoronto.ca/apply• The application fee of $175 CAD or USD• Transcripts of all post-secondary academic
programs attended, sent directly from the institution• Completed admission essays• Original GMAT score report• Two professional reference letters• English facility test score reports, where
applicable
Apply online at rotman.utoronto.ca/apply
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application deadlines
Admissions decisions for all applicants are made on a rolling basis. A decision will be mailed approximately four to six weeks after your completed application has beenreceived. Observe the deadlines in this table to ensure that you get a decision by the dates posted.
program deadline admission decision by
Evening MBA February 1 March 15
Morning MBA June 1 July 15
Jeffrey Skoll BASc/MBA Contact Skoll Program office
Full-Time MBA November 15 (early decision) January 15JD/MBA February 1 (early decision) March 15MBA/MA (REES) April 30 (final deadline) July 1
International applicants November 15* January 15
*While international applicants are strongly encouraged to apply by November 15, applications will still be accepted until April 30. Please consider the length of time it takes to get a student visa when submitting your application for admission.
contact us
If you have any questions about the status of your application, feel free to contact us by telephone at 416.978.3499 or by e-mail at [email protected]
* While international applicants are strongly encouraged to apply by November 15, applications will still be accepted until April 30. Please consider the length of time it takes to get a student visa when submitting your application for admission.
Financial AidThe Rotman School strives to recruit the best candidatesto its programs, and is committed to helping you affordyour education by providing you with a broad range of financial options.
Entrance Scholarships and FellowshipsEach year, the Rotman School grants approximately$4.2 million in entrance scholarships, fellowships andawards to about 15 per cent of our students. These areoffered on the basis of exceptional merit and rangefrom $10,000 to $40,000.
No separate scholarship application is required andyou will be automatically considered for scholarshipswhen your application is reviewed for admission.
Scotiabank Interest-Subsidized Tuition and Laptop LoanCanadian citizens and landed immigrants in the Full-Time, Morning and Evening programs can accessan interest-subsidized loan to cover the full cost of theirtuition and the laptop required of all students enrolledin the two or three-year MBA program. The interest-subsidized period runs over the 22 months of the Full-Time program, and over the entire length of theMorning and Evening programs.
Government LoansEach provincial government in Canada administers andmaintains a student financial aid program in cooperationwith the federal government’s Canada Student Loan(CSL) program. When you apply to your provincial government for assistance, you are also automaticallyconsidered for a loan through the CSL.
Teaching and Research AssistantshipsA variety of teaching assistant positions are availablethrough Rotman and through the commerce and financedepartments of the different campuses and colleges.Students who have completed the first year of their MBAare eligible to apply for these positions, which will beposted prior to each term and/or academic year. A limited number of research assistant positions are alsoavailable through individual faculty members and aremostly available in a student’s second year.
Summer EmploymentNinety per cent of Full-Time Rotman students findemployment during the summer, with internships usuallyrunning from May to August, midway through the Full-Time MBA program.
Opportunities for International StudentsWhile most of the loans and subsidies offered at theRotman School are restricted to Canadian citizens andlanded immigrants, international students are eligiblefor most of the School’s scholarships, fellowships, andteaching and research assistantships. A number oforganizations also offer scholarships, fellowships andloans to citizens of various countries to study inCanada. These programs have not been screened bythe Rotman School, and students are individuallyresponsible for applying.
International students face no barriers to finding theright job — both summer and post-MBA — in Canada. Manyinternational students choose to return home during thesummer break between first and second year, and uponcompleting the MBA program, while others remain inCanada to seek employment. International students mayobtain a work permit for up to three years after graduation.
financing your Rotman MBA
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Find out moreFinancing your Rotman MBA rotman.utoronto.ca/mba/financial.htmEntrance and continuing awards and scholarships rotman.utoronto.ca/mba/scholarships.aspOntario Student Assistance Program (OSAP) osap.gov.on.caInternational Student Aid rotman.utoronto.ca/mba/intl_financialaid.htm
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Full-Time MBA
First Year• Entrance scholarships and fellowships awarded
with offer of admission; allocated in September• September 1: Scotiabank loans disbursed• September 15: Canada Student Loans disbursed
(first instalment)• January 15: Canada Student Loans disbursed
(second instalment)• March: Majority of interviews for summer
employment• April: Call for applications for Rotman continuing
awards and scholarships• May: Summer employment begins• Late August: Teaching assistantships assigned
Second Year• September 1: Scotiabank loans disbursed• Early-September: Rotman continuing awards
and scholarships allocated• September 15: Canada Student Loans disbursed
(first instalment)• January 15: Canada Student Loans disbursed
(second instalment)
Morning MBA
First Year• Entrance scholarships and fellowships awarded
with offer of admission; allocated in September• September 1: Scotiabank loans disbursed• April: Call for applications for Rotman continuing
awards and scholarships
Second Year• September 1: Scotiabank loans disbursed• Early September: Rotman continuing awards
and scholarships allocated• April: Call for applications for Rotman continuing
awards and scholarships
Third Year• September 1: Scotiabank loans disbursed• Early September: Rotman continuing awards
and scholarships allocated
Evening MBA
First Year• Entrance scholarships and fellowships awarded
with offer of admission; allocated in September• May 1: Scotiabank loans disbursed• April: Call for applications for Rotman continuing
awards and scholarships
Second Year• May 1: Scotiabank loans disbursed• Early September: Rotman continuing awards
and scholarships allocated• April: Call for applications for Rotman continuing
awards and scholarships
Third Year• May 1: Scotiabank loans disbursed• Early September: Rotman continuing awards
and scholarships allocated
financial options: yearly schedule
While dates are subject to change according to regulations and availability, the following are typical schedules of different financial options for the Full-Time, Morning and Evening MBA classes:
program fees
full-time MBA Class of 2011, entering in September 2009
Figures are in Canadian dollars1st Year Tuition 2nd Year Tuition Incidental Fees
Total Program Fee* + ancillary fees + ancillary fees (including campus + student society fees)
Canadian Citizens and Permanent Residents $72,148 $35,320 $35,628 $1,100 – $1,200
International Students $92,122 $45,110 $45,811 $1,100 – $1,200
morning MBA /evening MBA Class of 2012, entering in May and September 2009, respectively
Figures are in Canadian dollars Incidental Fees1st Year Tuition 2nd Year Tuition 3rd Year Tuition (including campus +
Total Program Fee* + ancillary fees + ancillary fees + ancillary fees student society fees)
Canadian Citizens and Permanent Residents $74,452 $25,261 $24,727 $24,464 $1,100 – $1,200
International Students $97,132 $32,821 $32,287 $32,024 $1,100 – $1,200
* Tuition fees are subject to final approval by U of T’s Governing Council. Tuition may increase by 5 per cent, subject to approval.Ancillary fees may also increase.
typical yearly expenses
Tuition (Domestic students) $35,320Tuition (International students) $45,110 Textbooks $1,000Laptop $1,600 – $2,000Accommodation $8,000 – $12,000Food $3,800
typical yearly expenses
Personal Expenses $4,800Public transportation $1,200Utilities $1,200Health Insurance (UHIP) for
International students $756Total $56,915 – $71,866
Costs, which will vary by individual, are listed in Canadian dollars and based on residency in downtown Toronto.
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Q: If I fulfill the minimum criteria of admission to the Rotman MBA Program, what are mychances of entry?A: Fulfilling the minimum criteria only guarantees youconsideration for admission to the program. Successfuladmission often depends upon both your applicationand the comparative applications of the other candidateswho are vying for the same program. Due to the competitive nature of the application process, successfulapplicants tend to significantly exceed the admissionscriteria both quantitatively and qualitatively.
Q: What are the most heavily-weighted factors?A: There are no one or two most heavily weighted factors in the application. At Rotman, we take the‘whole package’ approach, looking at all factors of anapplication and weighing each according to the individual’s total file. We look at the quantitative featuresof the application such as the GPA and GMAT score, butalso at the quality of the essays, references, academicbackground, work and extra-curricular experiences.
Q: What is a competitive GMAT score?The average score for the MBA class (Full-Time, Morningand Evening) entering in September 2009 was 660. In order to assess how competitive your GMAT score is,it’s important to assess how well it fits with our averageand ranges (540 – 780) as well as the competitivenessof your application overall. That GMAT score is only onefactor in a very comprehensive application review process.
Q: Is a selection interview required?A: An interview may be requested by the AdmissionsCommittee. The interview (actually more of a friendlydiscussion) may be conducted either in person or viatelephone, by invitation of the committee.
Q: How many applications are submitted each year?A: For the September 2009 start, we received approximately1,100 applications for the Full-Time program, and 250applicants for the Morning and Evening programs.
Q: How many spaces are available each year?A: The Full-Time MBA program has approximately 260 spaces; there are approximately 50 spaces in eachof the Morning and Evening MBA programs.
Q: If I’m admitted, how long do I have to make a decision?A: You generally have one month a make a decisionand secure your spot with a CDN$3,000 deposit.
Q: If I’m admitted this year, can I defer myadmission to next year?A: Yes, you can do so if there are extenuating circumstances beyond your control. You will need tosupply documentation to support your request by theappropriate deadline.
Q: What tuition fees are required?A: As of press time, tuition fees had not been finalized for2009–10. Please see our website for more information.
Q: How do I pay tuition?A: Tuition fees are due before your program starts and are accepted at any chartered Canadian bank orvia wire transfer. Some banks may accept payment by credit card.
Q: What housing options are available to Rotman students?A: On-campus, off-campus and temporary accommodationis available. More information is available athttp://link.library.utoronto.ca/studenthousing.
frequently asked questions
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Q: Can I transfer to the Rotman MBA Programfrom another MBA school?A: No. This is due to the cohort nature of the program,in which entering classes move through each class oftheir programs together. We do not accept transfercredits or provide exemptions for courses done at otherMBA programs.
Q: Does my undergraduate degree have to be inbusiness or commerce to apply to the program?A: Definitely not! While 20 per cent of candidates generally have undergraduate business or commercedegrees, the majority of our candidates come from avariety of backgrounds and disciplines. This diversity is one of Rotman’s greatest strengths.
Q: Can I enter directly into the second year of the program if I have an undergraduate businessdegree? Can I waive courses based on my undergraduate degree?A: The Rotman MBA is a comprehensive program thatmust be completed in full. No exemptions are given for courses previously completed towards anotherundergraduate or graduate degree. Nor is any advancedstanding given for previously completed degrees.
getti
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apply online at
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rotman.utoronto.ca/apply
Produced by Rotman School of ManagementDesign Douglas Counter UnlimitedPrincipal photography John HryniukWriting and editing Stephen WattPrinting Printed in Canada by TranscontinentalPaper Rolland Enviro100 Print
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2009 2010
for more information, contact:Rotman MBA ProgramRotman School of ManagementUniversity of Toronto105 St. George StreetToronto, Ontario, Canada M5S 3E6
Telephone: 416.978.3499Fax: [email protected]
rotman.utoronto.ca