Master of Management & Professional Accounting
Contents The Best Choice For 3 A Message from the Program Director 5 The Program 24 & 27 Month Streams 7 The Program 12 Month Stream 9 An Integrated Approach A Professional Career in Accounting, Finance, Management, Consulting or Entrepreneurship Undergrads with no business or accounting background, or a little, or a lot consider the 27, 24, or 12 month Programs Paid Co-op Work Terms with 100% placement record An accredited, efficient pathway to the final module of the Chartered Professional Accountant CPA Education Program A career building program featuring learning for short and long term in accounting, finance, management subjects, soft skills, and realistic, integrative case contests An extensive alumni network 11 Class Profile 13 Value Propositions 15 Admission Requirements 17 Advanced Standing 24 Month Stream 19 Employment Opportunities 21 Professional Designations 23 Alumni 25 Campus Services 27 Financing Your 29 Contact Information View our student and alumni endorsements and testimonials on our website! For details about our program, visit our website at mmpa.utoronto.ca The Program is a professional Masters program within The Institute for Management & Innovation at the University of Toronto Mississauga 1
A Message from the Program Director I would like to invite you to have a look at our Program. The degree gives you a solid grounding in business, combined with depth in professional accounting. Many of our students start their studies with us with little or no background in business and/or accounting. The program offers a full curriculum to cover the material in a maximum period of 27 months. For those of you who have studied accounting in your previous academic careers we also offer a 12 and 24 month stream. We are proud of our experiential approach to learning, which includes co-op work terms. Our students are able to immediately apply what they have learned in the classroom during these co-op work terms. In addition, they bring the lessons learned during the work term back to the classroom at the end of the work-term. It is a wonderful way to learn. Because we are accredited by CPA Canada and CPA Ontario, our students are allowed to bypass 5 of the 6 modules in the CPA Professional Education Program. This gives students significant advanced standing towards their CPA designation in Canada. Most of our graduates write their CPA examinations within 2 months of finishing their courses. We have an incredible group of dedicated and internationally renowned faculty members as well as the best administrative staff. We are all here to help you achieve your goals. In addition, we attract and admit some of the most talented and capable students from all over the world. You will learn as much from your peers as you will from our faculty. This publication lays out all you need to know about the program including a link to our website. Come join us! Irene M. Wiecek FCPA FCA Director, Program Proven Expertise 3
The Program 27 & 24 Month Streams Uniquely Integrated The offers an integrated program, combining the best of a graduate education in management and professional accounting over five academic terms with two co-operative FIRST YEAR SUMMER 27-Month Program begins Microeconomics 1210 Macroeconomics 1211 REGULAR ENTRY work terms in a professional accounting environment. This ensures that students develop a comprehensive set of analytical and professional skills. Financial Accounting Introductory 1221 Managerial Accounting 1222 Marketing 1250 Statistics 1382 Management courses provide an excellent grounding in the fundamental knowledge and skills required to be an FALL 24-Month Program begins MSD Communications 1160 Intro to Integration & Prof. Decision Making 1181 ONE TERM ADVANCED STANDING effective manager and leader. In addition, key management Business Ethics & Governance 1202 Management Information Systems 1272 ENTRY competencies are emphasized, including presentation and communication skills, team building and group dynamics, Auditing & Reporting 1323 Business Finance 1330 Taxation I 2206 leadership, and motivation. Financial Reporting I 2250 Accounting courses are designed to complement the management courses, taking the student well beyond the levels required for the professional examinations and preparing them WINTER Co-op work term Work Term 1090 SECOND YEAR for the leadership positions that will follow. Courses are taught SUMMER Operations Management 1241 with a balance of academic and practical perspectives. Students are expected to communicate clearly in both Strategic Management 1301 Administrative Theory 1362 Business Law 2014 written and oral presentations, and execute quantitative analysis. Group presentations and discussions are an important part of the learning environment. Many classes Financial Reporting II 2251 Advanced Management Accounting 2261 Mergers, Acquisitions & Valuations 2281 Integration & Professional Decision Making Initiatives I 2282A require students to work in study teams, developing their critical oral and written communication skills within a group context. FALL Advanced Financial Accounting 2205 Taxation II 2207 Computer Auditing 2224 Advanced Auditing 2225 The Program actively engages students in the development of their minds and mindsets. A multiple intelligences framework Management Control 2260 Accounting Theory & Research 2280 Integration & Professional Decision Making Initiatives I 2282B is developed, as is an understanding of a global mindset that WINTER Co-op Work term enhances the ability to interact with people of different cultures. Work Term II 2090 Leadership skills are vital so students are introduced to THIRD SUMMER the Leadership Vision and Framework, which are SUMMER crystallized and reinforced in Leadership Development Advanced Strategic Management 2004 Government & Not-For-Profit Accounting 2200 Sessions throughout the Program. Integration & Professional Decision Making Initiatives II 2283 Capstone Integrative Board Report 2284 Note: The degree is governed by the rules and regulations of the School of Graduate Studies. More information may be obtained at Financial Management 2301 Tax III Integrated Capstone 2208 www.sgs.utoronto.ca In an increasingly demanding world for professional accountants, our graduates will be best positioned to contribute to value-added decisions as managers, assurance providers, consultants, advisors, and entrepreneurs. 5
The Program 12 Month Stream Professional Focus The 12-month stream is designed for students who already have an exceptionally strong undergraduate background in technical accounting subjects and in business. It provides graduates with the same level of knowledge and skills as graduates from the 27-month and 24-month programs. The focus of the 12-month stream is to provide students with the ability to develop their interpersonal, communications and other soft skills, and to integrate their subject specific technical knowledge into comprehensive solutions for complex, real-world technical problems. This is done during a co-op work term and two academic terms. The ability to integrate, and to respond effectively to real world problems with appropriate organizational, interpersonal, communication, and other fundamental skills has been, and will continue to be the essence of the learning experience. These enhanced skills have proven essential in getting ahead in today s complex and dynamic business climate. The 12-month, 24-month and 27-month stream have been accredited by the Chartered Professional Accountants of Ontario to allow graduates to enter the last module for the CPA PEP Program, Capstone 2 (preparation for the professional qualifying exam, the CFE), after which they write the CFE, all within two months of finishing the Program. The 12-month stream is available to graduates from the following University of Toronto undergraduate programs: University of Toronto Mississauga, Bachelor of Commerce (Accounting Specialist) Rotman School of Management, Bachelor of Commerce (Accounting Specialist) University of Toronto Scarborough, Bachelor of Business Administration (Specialist in Management and Accounting) graduates from these programs will be considered to be from a CPA accredited program. Graduates from these three U of T programs need not submit course outlines for review, but must have achieved at least a B- (70%) in the required courses listed in the Advanced Standing Section 12-month Program on the stream s website. Students from other qualified universities and programs are also eligible for the 12-month advanced standing stream if they can demonstrate that they have completed an equivalent set of courses with a minimum B- (70%) standing. Assessment of the equivalency of the courses submitted for advanced standing review is based on the current content of courses and on the course outlines for the courses taken by the applicant. In addition applicants must have met all of the CPA Professional Entry Program (PEP) entry requirements for their program which are posted on the CPA Ontario website. The 12-month stream includes management and accounting courses, case competitions, workshops (leadership, global mindset, etc.), and key learning experiences that make learning experience distinctive, including a co-op term. FALL Ethics & Governance 1202 Communications 1160 Strategic Management 1301 Marketing 1250 Managing People in Organizations 1362 Mergers, Acquisitions & Valuations 2281 Introduction to Integration & Professional Decision-Making 1181 Accounting Theory and Research 2280 WINTER Co-op work term 2090 Challenge Exam SUMMER Operations Management 1241 Government and Not for Profit Organizations 2200 Advanced Strategic Management 2004 Taxation 3 2208 Integration & Professional Decision-Making Initiatives I 2282 Integration & Professional Decision-Making Initiatives II 2283 Capstone Integrative Board Report 2284 7
An Integrated Approach ACADEMIC ENRICHMENT KPMG TAX RESEARCH COMPETITION The Program is a member of the Institute for Management Complex tax issues are researched by student groups and a written & Innovation (IMI) at the University of Toronto Mississauga. analysis is submitted for review by faculty and industry experts. The strength of the Institute is found in the cross-disciplinary approach to learning, teaching, and researching management STRATEGY, FINANCE, FINANCIAL REPORTING in a global and collaborative setting. The Institute provides INTEGRATED CASE COMPETITION students with access to professional masters programs in This competition integrates core material from business and accounting, biotechnology, innovation, and sustainability. accounting courses. Students are required to prepare an The Program is proud to be part of the Institute of industry analysis and value a company focusing on the quality Management & Innovation, attracting bright minds and of earnings of the company as an input to the valuation. helping to train tomorrow s professional accountants and visionary leaders. The Program produces graduates with a unique combination of technical expertise in the professional accounting area, core business knowledge, and highly developed management skills. The philosophy of the Program is rooted in integrated learning and development of competencies such as critical thinking, interpersonal skills, teamwork and leadership. As such, the Program provides many learning opportunities beyond the classroom lecture. Courses are often case-based, with students working in groups to analyze and present complex business scenarios from numerous perspectives. Students have the chance to test their new skills in integrated case competitions and contests including: FINANCE/FINANCIAL REPORTING COMPETITION This competition allows students to consider a case from both The competition is sponsored by the CPA Rotman Centre for the Finance and Financial Reporting perspectives. Students are Innovation in Accounting Education. given a limited time frame to analyze a business transaction There are numerous other integrated learning opportunities and prepare a presentation. The presentations are judged by throughout the Program. The case competitions are judged not faculty and external professionals. only for quality of analysis and critical thinking, but also on written and oral communication. ASSURANCE FILE CONTEST Groups are assessed for team dynamics and conflict resolution Collaboration Students plan an assurance engagement in groups. The top-ranked groups move to a final round of presentations before a panel of industry experts, including senior managers and partners from public accounting firms. during the days leading up to the presentations. As such, core competencies assessment and feedback is a constant throughout the duration of the Program. 9
Class Profile OUTSTANDING STUDENTS According to alumni, the quality and diversity of classmates is one of the Program s major strengths. The statistics on this page are based on figures from 2015 2016. STUDENT STATISTICS Class size 88 Average age 30 yrs Age range 21 40 yrs Average GMAT Score 672 GMAT Range 540 770 UNDERGRAD BY LOCATION UNDERGRAD BY MAJOR as a percentage of class as a percentage of class Quality & Diversity Canadian Universities 33% PR China 52% US & UK 11% Arts 25% Science 17% Business 55% Other Foreign Universities 4% Other 4% GRAD BY LOCATION GRAD BY MAJOR as a percentage of graduates as a percentage of graduates Canadian Universities 60% Business 40% PR China 20% Arts 40% Other 20% Other 20% 11
Value Propositions A RICH AND DIVERSE COMMUNITY Our class profile reflects diversity in age, culture, education and experience. This provides a truly challenging and rich environment to learn about different cultures and to develop a global mindset. Given the co-op nature of the program, prior work experience, though beneficial, is not required. Students are exposed to the business world during two four-month work terms. A BRIDGE TO A SECOND CAREER For applicants who are interested in a second career, the provides an efficient means of meeting the academic requirements for a number of prestigious professional accounting designations. Courses are offered on a full-time basis. The Program is designed so that course availability is never an issue. students are assigned to one of four classrooms so it is not necessary to move from classroom to classroom or campus A GATEWAY FOR NON-BUSINESS to campus, ensuring students make the most of their time. UNDERGRADUATES In a short 27 months, the Program provides the opportunity for an individual with no prior business education to earn a Master s degree in management while satisfying the academic requirements of a professional accounting designation. students study core management subjects plus those necessary for leadership in the professional accounting, and obtain work experience in a professional environment. OUTSTANDING PLACEMENT RATES In order to facilitate our record of virtually 100% placement rates for the co-op work term, the Program arranges a wide variety of networking events. These events provide students and recruiters, including Program alumni, the opportunity to meet and become familiar with each other in a variety of venues, including our Golf Day, Orientation Capstone Event, Fall Formal, Career Day and the Distinguished Speaker Series, as well as number of firm-sponsored recruiting events. Career Gateway A TOP UP FOR BUSINESS UNDERGRADUATES For business undergraduate students, the degree adds value by topping up business knowledge with core management and integrative courses, providing a learning environment for the development of skills such as critical thinking, communication, leadership and others which are so important to success within the accounting field today. The unique co-op program further provides an opportunity to get a foot in the door at major accounting firms. Applicants with a business undergraduate degree may be eligible for advanced standing. This could potentially reduce the program length to 24 or 12 months, depending upon the number of previous courses taken and the level of academic standing. 13
Admission Requirements ENTRANCE CONSIDERATIONS ENTRANCE REQUIREMENTS Opportunities The Admissions Committee accepts candidates from a broad range of academic backgrounds. While the program is designed primarily for students from non-business undergraduate and graduate degrees, students with undergraduate or graduate business degrees may apply to the program for advanced standing. Most applicants are admitted to start in late May of each year, or in late August if they have been accorded advanced standing. Admission decisions are based on an analysis of her or his academic strengths, leadership ability, experience, and ability to communicate verbally and in writing. APPLICATION PROCESSES AND DEADLINES Applicants for 2019 will be considered as follows: Domestic student applications will be considered within three weeks of becoming complete. International student applications will be considered by December 15, 2016 if they have become complete by October 31, 2016, or by March 15, 2017 if they have become complete by January 31, 2017. International applicants are encouraged to complete their application as early as possible so that they have enough time to process their student visas. This can take as long as five months. Applications should be received as early as possible, but not later than January 31, 2017. INFORMATION SESSIONS AND OTHER PROMOTIONAL EVENTS To be considered, prospective applicants to the Program must meet the following minimum requirements: A four-year degree from an accredited university A mid-b standing in the final year of study A GMAT (Graduate Management Admissions Test) written within the last five years. Applicants must meet the following minimum scores: Total score 570 AWA 4.0 Verbal percentile 46% Quantitative percentile 46% For GMAT information, visit www.mba.com (institution code: BTD-88-76) The GMAT requirement will be waived for any applicant graduating from the University of Toronto (UofT): With high distinction (i.e. cumulative grade point average of 3.5 or higher), or From one of the university of Toronto Mississauga s BCom (Accounting Specialist Program); the Rotman School s BCom (Accounting Specialist Program); or the University of Scarborough s BBA(Specialist in Management & Accounting Program). An English language proficiency test score, written within the last two years, if the applicant s language of instruction in their degree was not English. Applicants must meet the following minimum scores: TOEFL & TWE (paper) 600 and 5.0 TOEFL (Internet Based) - Total: 100, Writing: 22, Speaking: 22 For TOEFL information, visit www.ets.org/toefl (institution code: 4306) MELAB 85 IELTS 7.0 COPE - Total: 86, Reading: 22, Listening: 22, Writing: 32 Evidence of leadership ability Program representatives make an effort to visit the campuses of most major Canadian universities each year to conduct ONLINE APPLICATION information sessions. These sessions give prospective Applications to the Program are to be submitted online. applicants an opportunity to learn more detailed information Please refer to the Program website at mmpa. about the Program and to ask questions of a Program utoronto.ca for more detailed information regarding representative. Program representatives also attend admissions requirements and procedures. Professional School Fairs held at many university campuses and MBA Fairs held in major Canadian urban centres. Please consult our website for locations, dates and times For the most current information and application instructions, visit mmpa.utoronto.ca of planned events. 15
Advanced Standing 24 Month Stream ADVANCED STANDING CONSIDERATIONS Eligible applicants can apply to enter the Program directly into the second term (the 24-month stream). Advanced standing is available to applicants who have completed essentially all of ADVANCED STANDING REQUIREMENTS In addition to the standard requirements listed in the Admissions section, advanced standing applicants must also meet the following requirements: the required courses in the first academic term, as part of a four-year undergraduate or graduate degree. Course exemptions are given only on a term-by-term basis, not on an individual course basis. Generally, exemption courses must have been completed no more than five years prior to the date of the application. However, related work experience may justify the acceptance of exemption courses older than five years. A grade of B- or better in each course put forward for exemption; Provide a course outline for each exemption course that details: course title and code, text and course materials used, subject areas studied, class timetable of subject areas, number of class hours, instructor s name and title, and the course grading scheme; and ADVANCED STANDING APPLICATION See our website for more detailed advanced standing application requirements and procedures. For the most current information and application instructions, visit mmpa.utoronto.ca Applicants who cannot provide course outlines must provide a self-assessment that includes: all of the information required in a course outline, an explanation of why course outlines are not available, and the advanced standing cover form with your signature. Business-Based
Employment Opportunities CO-OP WORK TERM PLACEMENT As part of the degree requirement, students must complete two co-op work terms, which run from January to April in the first and second years of the Program. The work terms enrich the learning experience by allowing students to apply material that they have learned during the preceding academic terms. Students generally choose to work in the public accounting area or in industry in an accounting or finance related area. The table, at the top right, shows the average placement distribution for the past 3 co-op work terms. For students going on to pursue a Chartered Professional Accountancy designation, the co-op work terms also fulfull part of the CPA articling requirements as long as the experience is acceptable to CPA Ontario (either through an Approved Training Path or through the Experience Verification Path). Students may work in different areas including assurance, tax, finance, consulting and other. International students who are in Canada as visa students must apply to the Government of Canada for permission to work in Canada. Students seeking co-op placement are assisted by the Program and there are numerous networking events leading up to the interview period. These include Golf Day, Career Day, and the Distinguished Speaker Series, as well as a number of firm sponsored recruiting events. These events allow students to CO-OP WORK TERM PLACEMENTS Based on the past 3 years. First work Second work term term Big Four Accounting Firms 23% 31% Other Public Accounting Firms 61% 52% Financial Services 7% 9% Other 9% 8% RECRUITING ORGANIZATIONS The following are just a few of the companies that recruit from the Program. Public Accounting firms Deloitte EY LLP KPMG LLP PricewaterhouseCoopers LLP BDO Canada LLP Crowe Soberman LLP Fruitman Kates LLP Green Chencinski Starkman Eles LLP MacGillivray & Co. McClurkin Ahier & Company LLP MNP LLP Nawaz, Taub & Wasserman LLP Financial institutions Bank of Montreal CI Investments SGGG Fund Services Inc RBC Scotiabank TD Waterhouse meet with potential employers in a less formal setting prior to the interview. The placement rates for the co-op work terms are very high virtually 100% in the past 20 years. Relevant Experience PERMANENT PLACEMENT Here again, the Program has an outstanding placement track record. Many graduates are retained by their co-op work term employers. A curriculum that goes beyond pure academics to create the well-rounded professional has certainly paid dividends. On average over the past three years, the full-time placement rate for our students was 90% within 6 months of graduation. For the most current information and application instructions, visit mmpa.utoronto.ca 19
Professional Designations A VARIETY OF CAREER OPTIONS Beginning in 2012, the Canadian accounting profession underwent a significant unification process with many provincial and national organizations including the Chartered Accountants, Certified Management Accountants and Certified General Accountants merging under a new designation the Chartered Professional Accountant (CPA) designation. In 2014, the Program was successful in becoming a CPA Accredited Program. This means that our students will proceed directly to the Capstone 2 module of the CPA Professional Education Program and then directly on to the CPA Common Final Exam in the year of graduation. The courses offered in the Program are also recognized for advanced standing by the American Institute of Certified Public Accountants. CONTACTS FOR PROFESSIONAL DESIGNATIONS CPA Chartered Professional Accountants of Canada and Ontario www.cpacanada.ca CPA Certified Public Accountants American Institute of Certified Public Accountants www.aicpa.org CFA Chartered Financial Analysts www.cfainstitute.org Association for Investment Management Research www.aimr.org Qualified & Accredited 19
Alumni ALUMNI Alumni of the program hold a wide variety of professional designations including: Chartered Professional Accountant (CPA, CA; CPA, CMA; or CPA, CGA) Certified Insolvency & Restructuring Professional (CIRP) Certified Information Systems Auditor (CISA) Fellow of the Canadian Securities Institute (FCSI) Fellow of the Institute of Canadian Bankers (FICB) Certified Financial Analyst (CFA) Certified Public Accountant (CPA) Certified Management Consultant (CMC) Certified Information Systems Security Professional (CISSP) Canadian Investment Manager (CIM) ALUMNI EMPLOYERS (SELECTED LIST) Public Accounting Abacus Chartered Accountants BDO Canada Bench and Donath Chartered Accountants Brudner, Herblum & McDougall LLP CAN Partners LLP Chasson & Greenglass LLP Collins Barrow Crowe Soberman CW Partners LLP Deloitte EY LLP Fruitman Kates LLP Fuller Landau GA Clarkson CPA,CA Grant Thornton LLP Green Chencinski Starkman Eles LLP Hennick Herman LLP Kenny Wan Chartered Accountant Professional Corporation KPMG LLP Loop, Schauer, Chapman & Associates LLP Matson, Driscoll & Damico Ltd. McGovern Hurley Cunningham LLP MNP Pennylegion Chung LLP PwC LLP Raymond Chabot Grant Thorton Shimmerman Penn LLP Soberman LLP Ontario Ministry of Finance Ontario Securities Commission The Canadian Institute of Chartered Accountants Not For Profit Mutual Fund Dealers of Canada PCAOB UNFPA Other 6 Degrees Integrated Communications Abebooks Accenture AGF Management Limited Alliance Atlantis Communications Inc. Altus Dynamics Alvarez & Marsal AmerisourceBergen Apex International Travel BASF Canada Inc. Bay Street Communications Bell Canada Bristol-Myers Squibb Campbell Soup Company Capgemini Canada Post Castrol North America Inc. Cisco Systems, Inc. City of Mississauga City of Toronto Colliers International Dundee Realty Management Corp. Easton Sports Strong Network ALUMNI NETWORK Since the inception of the Program over 1300 graduates have joined our Alumni Network. The Program now has a worldwide network of alumni in a wide variety of industries, at all levels of management. The Program is part of the Institute for Management & Innovation, which is committed to life-long learning. Educational opportunities are provided to alumni. In an increasingly demanding world for professional accountants, our graduates will be best positioned to contribute to value-added decisions as managers, assurance providers, consultants, advisors, and entrepreneurs. Financial Services Aarya Capital Actis AllianceBernstein Amex Bank of Canada Bank of Montreal Barclays Global Investors Birch Hill Equity Partners BMO Financial Group BMO Nesbitt Burns Canaccord Genuity Inc. Canada Life Assurance Company CIBC CIBC Mellon Credit Suisse Credit Suisse Securities (Canada) Inc. Deutsche Bank First National Financial LP Fortis Fund Services Genworth Canada Gibraltar Ventures Goldman Sachs Laurentian Bank of Canada Manulife Financial Canada Manulife Sinochem Merrill Lynch Morgan Stanley National Bank Financial New Haven Mortgage Corporation Onex Corporation OPSEU Pension Trust Pingan Bank Pivot RBC RBC Capital Markets RBC Dominion Securities RBC Financial Group RBC Wealth Management Royal Bank of Canada (Caribbean) Scotia Capital Inc. Scotia McLeod Scotiabank Sun Life Financial TD Canada Trust TD Capital TD Commercial Banking The Foray Group UBS Ltd. Visa Canada Wilmington Capital Management Inc Yorkton Securities Inc. Canadian Tire Financial Services Regulatory/Institutional Canada Customs & Revenue Agency Office of the Auditor General of Canada General Mills Canada Corp. General Motors of Canada Genzyme George Weston Ltd. Goldcorp Inc. Golder Associates Groupon Hamilton Health Sciences Hydro One Networks Inc IBM Imperial Oil Limited INCO Limited KIK Custom Products Kroll Lavalife LCBO Loblaw Companies Limited Magna International Inc. Maple Leaf Foods Mattamy Homes Merge Healthcare Metrolinx Mill Street Brewery Mondelez International Motorola Nord Anglia Education Nuvo Research Inc. Omnitex Inc. Ontario Power Generation Ontario Realty Corporation Open Text Corporation OPSEU Pension Plan Oxford Properties Group Paradigm Quest Inc. Procor Limite Q4 Web Systems Recruiting in Motion Research in Motion Robert Half International Rogers Telecom SC Providge Consulting Sears Israel TCG Care Gro Telus The 1820 Trading Company The Toronto Hospital Torquest Partners Inc. United Jewish Appeal Warren Industries Ltd. Wave Accounting Willson International Ltd. Worldlynx Wireless York International Ltd. 23
Campus Services Students entering the Program enjoy all the benefits of the University of Toronto Mississauga (UTM) campus. The CHILD CARE There is a licensed facility on the UTM campus. campus is located on 224 acres amid the forests and fields of the lower Credit River. It affords over 13,000 students the pleasure of concentrating on their studies in a scenic enclave, but with ready access to shopping centres, theatres, and art galleries in the heart of a modern city of over 700,000 inhabitants. HEALTH SERVICES The University Health Service offers a comprehensive medical service for students on campus. Psychiatric consultation and couselling are also available to assist students with emotional and social difficulties. The Program is housed in the newly built Innovation Complex designed to LEED silver standards. Features such as a green roof and finishes to harvest natural light have been incorporated to increase building efficiency and sustainability. The building also features an underground pedestrian tunnel that connects to the William Davis Building with its health and athletic centres, bookstore, dining and other facilities. LIBRARY RESOURCES Students have access to all of the libraries on U of T s three campuses. The UTM library offers an extensive collection of management and accounting materials in a variety of media formats. Students also have access to an excellent collection of management and accounting materials through the University s online catalog and electronic information system. HOUSING A securities trading lab is available for student use. Graduate campus housing consists of one and two-bedroom townhouses or bachelor units in a friendly community atmosphere. COMPUTING FACILITIES Great Environment They are located in a beautifully landscaped, rural setting, alongside the picturesque Credit River valley. Students are encouraged to apply early so that they are able Students have access to computer labs with PC computers connected to the University network. Through the network, access is provided to the most recent versions of various to secure a residence unit for their first academic term. Listings software packages. Students also have access to a campus- for off-campus housing are available from the wide wireless system. Student Housing & Residence Life Centre. FITNESS AND HEALTH The comprehensive Recreation, Athletics and Wellness Complex (RAWC) features a double gymnasium (with retractable seating), a sports medicine/hydrotherapy clinic, an aquatic centre (with 23-metre, 8 lane swimming pool & 12 person whirlpool), an Olympic weight lifting room, squash courts, and an elevated running/jogging track featuring a panoramic view of the campus. 25
Financing your FEE SCHEDULES The Master of Management & Professional Accounting Program is seven or six terms in length depending upon a student s level of advanced standing, and tuition fees vary accordingly. The chart below lists the tuition fees for students that began the Program in 2016. It is anticipated that fees will rise for students starting in 2017. Please refer to the following website for the most current information on fees and refund schedules: www.fees. utoronto.ca YOUR FINANCING OPTIONS There are several sources of financial assistance available: Work Term Employment Students will earn an income during their work terms. Based on a survey of the students, the average income in the first work term was $13,000. The average income in the second work term was $14,500. Scotiabank Professional Student Loan Students registered in the Program are eligible to borrow up to $80,000 from Scotiabank. The interest rate is prime plus half a percent and students must pay only the interest while registered in the Program. Canada Student Loan Program Domestic students are eligible for both the Canada Student Loan Program and the affiliated provincial government loan program in their home province. FEES FOR 2016 ENTRANTS WERE Domestic International Students Students Annual Tuition Fee $ 32,980 $ 48,260 Annual Incidental & Ancillary Fees 1,447 1,447 Domestic students include Canadian citizens and permanent residents. The annual fees will increase in the second and third year of the Program. The third year fees are a one term fee which is one-third of the annual fee. Admission Scholarships Admission Scholarships in the amount of $10,000 or $5000 each have been made available to Canadian citizens and permanent residents applying to enter the 27-month, 24-month. or 12-month Programs in 2017. They will be awarded based on academic merit, and may be held in conjunction with the existing Entrance scholarships, providing all criteria are met, thus raising the potential monies to be awarded to $15,000 per qualified applicant. The scholarship funds will be dispersed once a student has registered and has cleared their admission conditions. Applicants who are Canadian citizens or permanent residents, who meet the following criteria, will receive an Admission Scholarship. Funds are limited, and awards will be allocated, in part, based on application date. Tier 1 $10,000 Tier 2 $5,000 A average or higher in final year of degree A - average or higher in final year of degree Fees include tuition and supplementary course materials such as reprints of all case studies, book excerpts and journal articles. Textbooks are not included. A student will spend approximately $2,000 a year on books and supplies. Incidental and ancillary fees shown above for University of Toronto services such as athletic, library and student union services are in addition to the tuition fees and are set by the University each spring. These fees are expected to increase in 2017/2018. Applicants should see our website to review the expected tuition fee payment schedule. Entrance Scholarships A limited number of entrance scholarships will be awarded to select and superior applicants whom the program deem to have the strongest overall combination of academic standing and GMAT scores upon admission and entrance to the program. These scholarships vary in amount and the number allocated each year will depend upon the availability of scholarship funds. Applicants will be notified of their eligibility for the scholarship upon their admission to the program. Scholarship funds will be dispersed once a student has registered and has cleared their admission conditions. $5,000 A - average or higher in final year of degree and GMAT equal to or greater than 720 INTERNATIONAL STUDENTS International students studying in the Program must purchase basic health insurance coverage through the University of Toronto under the University Health Insurance Plan (UHIP). See the Centre for International Experience s website for additional information regarding the mandatory health insurance coverage under UHIP (www.cie.utoronto.ca/coming/uhip). Scholarship Awards There are several Program awards given to students annually.students are automatically considered for these awards each year. students are also eligible for relevant University awards. PwC Canada Fellowships PwC Fellowships, in the amount of $5000 each, will be awarded to four domestic students, entering the 24/27 month stream of the program, who demonstrate highly effective communication, leadership and interpersonal skills. Support & Value Ontario Graduate Scholarship The OGS award program is designed to encourage excellence in graduate studies at the master s and doctoral levels. It is awarded for one academic year and has a value of $15,000. The Program has two OGS scholarship allocations available each year. Students may be awarded the OGS in their first and/or second year of the Program. Applicants that wish to apply for the OGS for their first year of studies must apply by February 1st 2016. The OGS is primarily for domestic graduate students but there are a limited number of scholarships available to students holding a student visa. For the most current information and application instructions, visit mmpa.utoronto.ca Teaching Assistants Each term, teaching assistant positions are available at the University. 27
PLEASE CONTACT: PROGRAM ADMINISTRATION Master of Management & Professional Accounting Program Director Irene Wiecek Institute for Management & Innovation University of Toronto Mississauga 3359 Mississauga Road Mississauga, Ontario, Canada L5L 1C6 Assistant Directors Maria Andrade Hans Harding Telephone: (905) 828-3985 Fax: (905) 569-4306 Marketing & Alumni Officer Bianca Gaspini E-mail: mmpa@utoronto.ca Website: mmpa.utoronto.ca Marketing Liaison Officer Anjeza Rexha Recruitment, Placement & Employers Relations Officer 12M Program Wesley Mack Placement & Employer Relations Officer Wadie Alizerig Debbi Arnold Program Officer Martina Simmonds Program Coordinator Registrarial Services Maria da Mota Program Administrator Rima Abu-Shakra Program Assistant Veron Fernandes Produced by Program Principal photography Matthew Plexman Photography Printed in Canada by DC Graphic Services September 2016
mmpa.utoronto.ca The Program is a professional Masters program within The Institute for Management & Innovation at the University of Toronto Mississauga For more information, please contact: Telephone: (905) 828-3985 Fax: (905) 569-4306 E-mail: mmpa@utoronto.ca Website: mmpa.utoronto.ca