Personal preferences aside, you might as well just flip a coin to find out which one is better among Rotman School of Management and Schulich School of Business. Rotman and Schulich are two of the top B-schools of Canada, with freakishly close rankings. So much so that Forbes and The Economist rank Schulich as #1 in Canada, while Financial Times and QS rank Rotman #1 in Canada.
If your options have narrowed down to these two, let’s start with congratulations!
Also, this blog covers everything you need to know to make an informed decision, from entry requirements, programs, fees to duration and placements of the two followed by an objective analysis between Rotman and Schulich.
Rotman School of Management
Rotman School of Management is a graduate business school and a part of the University of Toronto. It was established in 1901 by Joseph Rotman and has since become a pioneer in business education. The University of Toronto is a reputed and renowned global center of research and academic excellence located at the heart of Canada’s multicultural commercial capital. Rotman aims at creating value for business and society with transformative learning, insights and public engagements.
Schulich School of Business
The Schulich School of Business is the business school of York University, situated in Toronto, Ontario. It was established in 1966, and it has been a leader in Canada for launching cutting-edge programs and bringing a change in which management education is delivered. Popularly known to offer an unparalleled experience of education with a global, innovative and diverse outlook.
A wide range of MBAs are offered by the Rotman School of Business in areas like Business Design, Healthcare, Behavioral Economics, Finance, Consulting, Leadership, Life Sciences, etc. The school has an option for everyone, be it full-time students, working professionals or students who require distance education. Besides the flagship two-year full-time MBA, there is a morning and evening MBA program, one-year executive and a Back to Campus or Back to Work initiative for women to run a business.
The Schulich School of Business offers full-time as well as part-time MBA programs to accommodate the different needs of students. Schulich offers a wide range of programs to choose from such as, MBA in Business Analytics, Juris Doctors, Business Administration, Social Sector Management, Global Retail Management, etc. The school offers flexible study options for the students to switch between full-time and part-time enrolment, the choice between two campuses and even a possibility of advanced standing, which allows students to accelerate their MBA program to be completed within eight months.
The basic requirements that are common to both Rotman School of Business and Schulich School of Business are as follows:
- Bachelor’s degree certificate or an equivalent.
- GMAT or GRE score that is acceptable on all measures.
- A minimum 2-years of full-time work experience post-degree is mandatory.
- English language proficiency test score if studies are not completed using English language as medium. The minimum score required is:
TOEFL – 100, IELTS – 7.0
- Transcript copies from the University.
In the case of Rotman School of Business, the requirements also include a minimum GPA of 3.0, essay, video interviews and professional references.
Schulich’s online application needs two written essays (one of which is timed), two videos and two professional references.
Both the schools offer an early-round of applications and four rounds of application throughout an academic year for students to apply based on their convenience.
Duration of Programs and Fees
The program duration might vary from nine months to up to 24 months, depending on the type of program you select. The executive MBA program can be completed within a year, while an Executive MBA Global would require 24 months.
The tuition fees in case of Rotman starts from 20,680 CAD and other expenses include accommodation, food, personal expenses, and public transportation, utilities and health insurance which can add up to be another 20,000 to 24,000 CAD.
In case of Schulich, the full-time tuition per term for international students is up to $26,722 and the living expenses for a four-month period including rent on campus, food, personal expenses and health insurance is around $8700.
There are also a number of highly competitive scholarships offered by both the schools for students to fund their MBA programs.
Rotman School of Business:
- In 2018, 90% of full-time MBA students were placed.
- The expected salary for a full-time MBA graduate is 99,575 CAD.
Schulich School of Business:
- The average salary of a MBA graduate is up to $93,100.
- Within three months of graduation, 89% of students were hired.
- 155 companies hired the MBA/IMBA students from Schulich.
Both the schools offer a strong alumni network and a platform for the students to connect with them for their career growth and advancement. Merited students get hired even before the completion of their studies by multinational companies such as Amazon, Apple, CIBC, IBM, P&G, McKinsey, Deloitte, etc.
Notable alumni of Rotman school include John Cassady, Dr. Johann Koss while Schulich school have Rob McEwen, Richard E. Waugh, Kathleen Taylor and more.
The following table compares the value proposition offered by Rotman and Schulich:
|Return on Investment
|Rotman School of Business||65.4||65||30||79.4||57.1|
|Schulich School of Business||43.8||65||51.7||56.4||48.5|
Source: QS World University Rankings
Now that you have a clear picture of both the B-schools, you can connect with us and we will help you chart out your personalized admissions roadmap to these prestigious institutes. Call us now for a 15-minute free session with our expert counselors to discuss your profile fit!