Funding

Partial / Stipend

Master's ScholarshipCanada · Toronto

The Rotman African and Caribbean Business Club (RACBC) Scholarship

Rotman School of Management, University of Toronto

Application Deadline

May 5, 2027

Official Page

The Rotman School of Management awards this scholarship to one incoming Black student in its Full-Time MBA on the basis of outstanding academic merit. It was established with contributions from Rotman alumni, the Rotman community and the Laidlaw Foundation.

The recipient studies in Toronto in Rotman’s 20-month, in-person MBA, which combines 16 months of academic study with an opportunity for a four-month paid internship. Entrance-award consideration is integrated into the MBA admissions process.

Benefits & funding

  • The recipient receives a financial award toward the Full-Time MBA; Rotman’s current scholarship page does not state the present amount.
  • Rotman’s 2020 launch announcement described the scholarship as $20,000 in student support, but the current page does not confirm that historical amount for the present cycle.

Eligibility

  • Be an incoming Black student entering Rotman’s Full-Time MBA.
  • Hold an appropriate four-year bachelor’s degree or equivalent, with at least a 3.0 GPA, or mid-B average, in the final year.
  • Have at least two years of full-time work experience, except where a listed combined-degree route provides an exception.
  • Meet Rotman’s English-language requirement and submit a satisfactory GMAT or GRE score unless eligible for a published exemption.
  • Rotman states no nationality, residency, gender or age restriction for this scholarship.

Can you apply?

Here's who can apply

Decoded from the official rules. A free account checks them against your passport, degree and age in seconds.

  • Education required

    Bachelor

  • Experience required

    ≥ 2 yrs

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Application process

  1. 1
    Review the Full-Time MBA admissions criteria and choose an admissions round.
  2. 2
    Create an account in Rotman’s application portal and submit the MBA application with the required transcripts, test information or exemption evidence, professional references and resume.
  3. 3
    Complete the two timed written questions within seven days of receiving the invitation after submitting the online form.
  4. 4
    If selected, complete the recorded video interview stage.
  5. 5
    Do not submit a separate scholarship application; Rotman assesses completed MBA applications for entrance-award eligibility.

Program timeline

  1. Round 1 application deadline

    Sep 16, 2026

  2. Round 2 application deadline

    Nov 11, 2026

  3. Round 3 application deadline

    Jan 13, 2027

  4. Round 4 application deadline

    Mar 10, 2027

  5. Final application deadline

    May 5, 2027

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