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QS Rank:

verified

25

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University of Toronto

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Ontario

Canada

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Program Rank

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29

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Total Tuition Fees

$31,050

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Duration

60 Months

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Median Salary

$1,10,000

Ranking

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#18

US World and News Report

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#18

The World University Rankings

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#25

QS World University Rankings

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Intake

Fall ( Sept - Nov )

Class Profile

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Class Size

25

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Average Age

27

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Average Work Experience

2 Years

Diversity

Others:

3%

Ontario:

45%

Saskatchewan:

2%

Manitoba:

5%

British Columbia:

15%

Alberta:

10%

Quebec:

20%

Career Outcomes

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Median Earnings After Graduation

$1,10,000 / year

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Graduation Rate

81%

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Job Placement

90%

Prospective Job Roles

Portfolio Manager

Event Insurance Manager

Risk Manager

Financial Analyst

Accountant

Investment Banker

Management Consultant

Corporate Finance Analyst

Financial Manager

Trader

Top recruiters

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Eligibility Criteria

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Accepted fields include Finance, Management.

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At least 3.3 / 4 undergraduate GPA is expected.

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At least 16 years of bachelor degree.

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At least 24 months of full-time professional experience after graduation.

English Proficiency Tests

  • IELTS

    7

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 125

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    Transcript

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    Statement of Purpose

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    Academic LOR

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    Passport

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    Professional LOR

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    Resume

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    IELTS

Application Deadlines

Final
FallJan 10, 2025

Fees and Funding

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Tuition Fees

$6,210 / year

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Overall Cost

$21,210 / year

FAQs

  • No, supervisors are identified after admission. Students are responsible for securing a supervisor once enrolled, but admission is not conditional on this
  • Minimum admission average: B+ (direct entry from bachelor’s requires A-). Bachelor’s or master’s degree from a recognized institution. English language proficiency test (for non-native speakers). GMAT or GRE scores are optional for the current application cycle. Letters of recommendation, statement of purpose, and transcripts are required.
  • The PhD in Management (Finance) is a full-time, research-intensive program. Students complete advanced coursework in finance, economics, and quantitative methods, followed by comprehensive exams, research projects, and a dissertation. The program typically takes 5–6 years to complete
  • Students can specialize in seven fields, including Finance, and benefit from Rotman’s strengths in accounting, business economics, marketing, operations management, organizational behaviour, and strategic management. The Finance stream covers areas such as asset pricing, corporate finance, market microstructure, and financial intermediation
  • The program is designed for students aiming for academic and research careers. It provides rigorous training in finance theory, empirical methods, and quantitative analysis, preparing graduates to contribute to scholarly research and teaching in finance
  • Yes, the PhD in Finance is offered as a specialization within the PhD in Management program at the Rotman School of Management

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