Toronto is the capital city of Ontario, which is located in southeastern Canada. It is the largest and most populous city in Canada, as well as the country’s economic center. It is also a popular destination for international students, resulting in a multicultural city with students from all over the world.
The city alone has 5 public and 2 private universities, three of which are among the top-ranked universities in the world. The city also 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.
The following are some of the best business schools in Toronto.
Top Business Schools in Toronto
1. Joseph L. Rotman School of Management – University of Toronto
The Joseph L. Rotman School of Management, or Rotman School, reflects the University of Toronto‘s excellence in both 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 are easily able to obtain job placements and offer from various companies and agencies.
Its MBA programs are flexible and tailored to the needs of its students, particularly working students, and 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 5 years, and an executive MBA in 1 year.
International students pay more than domestic students, with MBA tuition ranging from US$103,000 to US$130,000 for the entire program, whereas domestic students pay only US$74,500 to US$92,500. International students pay US$66,650 to US$89,480 per year for master’s program tuition, while domestic students pay US$39,850 to US$61,200.
2. Schulich School of Businesss – York University
Schulich Business School at York University is ranked among the top business schools in Canada and in the world. It has a wide range of specialty programs and was one of the first business schools to offer a Master’s degree 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 the undergraduate program, with an average tuition of US$1,200 per year, while locals pay only US$323. For an MBA, the average tuition for international students is US$106,900 for the entire program, while tuition for domestic students is US$71,900. International students pay US$26,730 per semester for joint programs, while locals pay US$18,000. For the entire program, the estimated fees for Master programs range from US$56,700 to US$80,150 for internationals and US$26,900 to US$53,950 for locals. Ph.D. tuition is US$6,000 for international students and $1,500 for domestic students per term.
3. Ted Rogers School of Management – Ryerson University
Ryerson 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 established a co-op program to introduce the students of this outstanding business institution to the growing industry early in their studies, bringing in experts in the field to provide insight into the industry’s current demands. This program also opens the door to future employment, which has resulted in 92%-100% employment rates for its graduates.
Tuition for undergraduate programs averages US$9,470 per year for domestic students and US$34,900 for international students. Locals pay an average of US$9,900 per year for Master’s degrees and US$8,800 for Ph.D. degrees, while internationals pay an average of US$21,900 for Master’s degrees and US$23,800 for Ph.D. degrees.
4. Wilfrid Laurier University – Toronto Campus
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 entire program is approximately US$29,800 for domestic students and US$49,800 for international students. A four-year joint program costs US$74,400, and a two-year accelerated MBA part-time program costs US$36,600.
5. John Molson School of Business – 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. Its MBA programs are ranked first, second, and third in Canada by various publications.
Concordia University – John Molson School of Business is one of the best business schools in Toronto. It is accredited by AACSB (Association to Advance Collegiate Schools of Business), as well as a member of the EFMD (European Foundation for Management Development) and AMBA (Association to Advance Collegiate Schools of Business) (Association of MBAs).
Its courses and programs are now available in Toronto and other Canadian cities via co-op education and online classes. Tuition for the entire MBA program averages US$72,000 for domestic students and US$87,000 for international students. The average annual tuition for an undergraduate program is US$5,000 for domestic students and US$35,000 for international students.
We hope this article on the best business schools in Toronto was helpful. Make sure to also check out the Available Business Programs for International Students!
