3 Ways to Receive a GMAT Exemption

Breanna Brooks, Assistant Director, Master of Finance Recruitment and Admissions

Breanna Brooks, Assistant Director, Master of Finance Recruitment and Admissions

In our admissions experience, it takes an average of about 20-months for Rotman Master of Finance candidates to actually submit an application from when they first think about higher education to accelerate their careers. In reality though, it can take as short as a few weeks to submit your application and be accepted into the program.

As a part-time program geared towards working professionals in the finance-related fields in the greater Toronto area, we get that finding that work-life balance is challenging at best.

You’re not alone. The fact is, time and time again, this is what we hear from our working professional candidates: one of the greatest barriers to finally submitting the MFin application is committing the time to study and write the Graduate Management Admissions Test (GMAT). The GMAT is a global, standardized test that is required for many business-related graduate program applications. The test is meant to level the playing field across a breadth of applicants with very different educational and life experiences.

We hear you. As a working professional, you already have a full-time career, plus, there’s this little thing called ‘life’. Moreover, as a working professional looking to apply to a part-time Masters program for people with already valuable experience, shouldn’t your professional experience and designations count towards something?

We agree. This is why we have 3 ways for you to receive a GMAT (or GRE) exemption when you apply to the Rotman Master of Finance program and, if you have a minimum of two years of work experience in the finance field.

  1. If you have passed the CFA Level III exam
  2. If you’ve passed the three-day Uniform Evaluation (UFE) for CPA, CA designation OR
  3. If you have graduated from the University of Toronto with High Distinction

Here at Rotman, we strive to bring in and elevate the best candidates for our programs. This means that you’ll be in a classroom with peers who have just as much to offer from their real-life experiences in the boardroom as you do.

If you have questions about how the part-time Rotman Master of Finance program for working professionals is the right move for your career, please send over your questions and details in this form. I’ll be pleased to review your options with you.

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