Tuition
The MMPA is a publicly funded program. Tuition fee schedules are reviewed annually by the University of Toronto’s Governing Council and decisions are generally announced in mid-April, preceding the upcoming academic year.
For 2020, the approximate annual tuition per year for domestic students is $29,680 and for international students is $57,480.
Annual MMPA tuition fees for the current academic year can be viewed at the University of Toronto School of Graduate Studies links below:
- For domestic students, please refer to Tables 35, 36 and 37 on the School of Graduate Studies domestic fees schedule.
- For international students, please refer to Tables 36, 37 and 38 on the School of Graduate Studies international fees schedule.
Other Fees:
Application Fee - $350
Acceptance Deposit - $1700
Deposit is applied towards first tuition payment
$500 is non-refundable.
Incidental and Ancilliary Fees
University of Toronto services (such as athletic, library and student union services) are additional costs separate from tuition fees and are set by the university each spring.
Medical Fees
International students are provided with medical coverage through the University Health Insurance Plan (UHIP). Annual UHIP coverage begins in September of each year. For students in the Two Year MMPA participating in the 3-month foundation term, UHIP is prorated for the additional 3 months of coverage. Further information regarding UHIP is available at the University of Toronto's Centre for International Experience.
For a clear overview of program details, download the MMPA program brochures:
Question
Does the MMPA program provide full financial support?
Answer
No, full financial support is not available.
Question
How can I finance my studies in the MMPA program?
Answer
Domestic students may be eligible for Canadian federal or provincial assistance programs and the Scotiabank Professional Student Plan program. International students are generally not eligible for these programs.
The MMPA program offers scholarships that are distributed once a student has registered and met all admission criteria. These criteria include the student’s grades from previous bachelor's and/or master’s degrees and their GMAT score. Other scholarships and awards available to students are generally not distributed until the end of the first year of the MMPA program and are based on students’ academic performance in the program.
The University of Toronto has teaching assistant and research assistant positions available that students are able to apply for each term. Individual departments post these positions prior to each academic term.
Students in the MMPA program participate in paid co-op work terms (one co-op term in the One Year MMPA and two co-op terms in the Two Year MMPA). These are paid positions that provide students with some income, which they can put towards the program costs.
