Toronto is the capital of Ontario, located in southeastern Canada. It is the most populous city and the country’s economic center. It’s also a famous spot and one of the best destinations for international students. That’s why it is now a multicultural town with learners worldwide. The place alone has five public and two private universities, one of which is among the top-ranked universities in the world.
Moreover, Toronto has several colleges and vocational schools. Its thriving economy makes it easy for students to find jobs after graduation and for international students to practice their profession within the country. That’s why this article lists some of the following best business schools in Toronto:
Top Business Schools in Toronto
1. University of Toronto
The Joseph L. Rotman School of Management, or Rotman School, reflects the University of Toronto’s excellence in education and research. It is proud of its multicultural community of students from various backgrounds who have come together to become agents of change in the business industry. Its graduates quickly obtain job placements and offers from multiple companies and agencies.
Its MBA programs are flexible and tailored to the needs of its students, mainly working students. They can be completed as a full-time study for two years or a part-time study for three years, with classes scheduled before and after office hours. A joint MBA can be completed in five years, and an executive MBA in one year.
Tuition fees in the university also differ, depending on your nationality or initial location. For instance, international students pay more than domestic students, with MBA tuition ranging from US$37,020 to US$48,960, whereas domestic students pay only US$10,516 to US$24,502 per term.
2. York University
Schulich Business School at York University is ranked among the top business schools in Canada and the world. It offers a wide range of specialty programs and was among the first to offer a Master’s in Business Analytics. Its students have competed in local and international competitions and have consistently won or placed among the top ten finalists. Its research projects have an impact on both the local community and the country.
International students pay more than locals for most undergraduate arts and science programs, with an average tuition of $37,281 per year, while locals pay only $7,289. For an MBA degree, the average tuition for international students is $33,995 for the entire year, while tuition for domestic students is $21,213.
The tuition fees can depend on your chosen program and location, so visit the university’s official website here to learn about the tuition and necessary expenses for this program.
3. Toronto Metropolitan University
Previously known as Ryerson University, the Toronto Metropolitan University’s Ted Rogers School of Management was founded in 1948 as the Faculty of Business. It has expanded dramatically over the years, establishing research centers, laboratories, and dedicated space for student innovation, such as the Bloomberg Terminal.
Breakout rooms and a case study classroom are available to help students learn. Its MBA program was ranked third in Canada, and it is known as the business school with the most undergraduate business programs in Toronto. It has also established a co-op program to introduce the students of this outstanding business institution to the growing industry early in their studies. This program also opens the door to future employment, which has resulted in 92% to 100% employment rates for its graduates.
Tuition for undergraduate programs averages $9,500 to $10,992 per year for domestic students and $40,328 for international students. Locals pay an average of $11,803 per year for master’s degrees and $9,086 for Ph.D. degrees, while internationals pay an average of $26,393 for master’s and $26,169 for a doctorate.
4. Wilfrid Laurier University – Toronto
Wilfrid Laurier University was founded in 1911 as the Evangelical Lutheran Seminary and was renamed in 1973 to its current name. It is a well-known school in Canada that has received top ratings from various national publications for its sustainability, courses, faculty, and student satisfaction. It has campuses in Waterloo, Brantford, Milton, Kitchener, Toronto, Yellowknife, and China.
Its main campus in Waterloo provides a comprehensive business program with a wide range of courses and majors to choose from. MBA and Master in Finance courses are available at the Toronto Campus. The university, known as the Lazaridis MBA, is the first in the country to offer a one-year MBA program as well as an alternate weekend part-time format at its Toronto campus.
International exposure is possible through its electives, which allow students to spend two weeks in the following countries: South Africa, Spain, India, Turkey, Germany, China, Columbia, Chile, and Vietnam. Tuition for the program is approximately $7,798 for four full credits for domestic students and $4,020 per credit for international students.
5. Concordia University
The Faculty of Commerce at Concordia University was renamed the John Molson School of Business in honor of the entrepreneur John Molson and the contributions of his family and foundation to the faculty. Various publications rank its MBA programs first, second, and third in Canada. That’s why it’s one of the best business schools in Toronto.
It is accredited by the Association to Advance Collegiate Schools of Business (AACSB). It is a member of the European Foundation for Management Development (EFMD) and the Association to Advance Collegiate Schools of Business (AMBA). Its courses and programs are now available in Toronto and other Canadian cities via co-op education and online classes.
International students who want to study business might want to consider attending a university in Toronto because of its networking and career opportunities in different industries. Moreover, its busy business district can be an excellent place to learn valuable business skills and expand their horizons to gain a competitive edge against other students.
We hope this article on the best business schools in Toronto was helpful. To learn more about studying in Canada, feel free to check out our Study in Canada page or explore the Open Courses for International Students!
