Bachelor of Commerce [BCom] (Accounting)
Field of Study:
$44,065 /Yr
University of Toronto Bachelor of Commerce (BCom) Accounting is a four-year, full-time undergraduate specialist at St. George in Toronto, requiring recognised Class XII qualifications, English and calculus preparation. Final September 2027 tuition is unpublished; 2026 entry tuition was C$66,110 (INR 44.26 Lakhs), as a prior-cycle reference. Students enter Rotman Commerce first, then select Accounting after meeting first-year progression requirements.
The specialist develops financial reporting, managerial accounting, taxation and audit knowledge alongside economics and broader business studies. It suits mathematically prepared school-leavers seeking an accounting career while retaining liberal arts electives. The professional qualification pathway extends beyond graduation, so applicants should distinguish the degree from subsequent accounting certification.
- Upper-year classes are capped at 55 students, supporting discussion of specialist material.
- Accounting students can complement their specialist with a Data Science in Business focus.
- Career educators provide interview preparation, technical skills training and access to internship postings from the start of the degree.
Current Admission Status
Applications for the September 2027 intake are Open. International student deadline: 15 January 2027.
The final application cutoff is 11:59 PM Eastern Standard Time, equivalent to 10:29 AM Indian Standard Time on 16 January 2027. Indian applicants must also complete the separate supplemental application and supporting documents by 1 February 2027.
Also Check: University of Toronto BCom Admission
U of T BCom Accounting Fees and Living Costs 2027
Final 2027 tuition is unpublished, although the university publishes a provisional first-year figure for planning. Verify the target fee on the official fee page.
Prior-cycle reference: the following approved figures cover 2026-27 international full-time study, with Innis College used solely to illustrate college-dependent charges. The explicitly labelled 2027-28 row is provisional and subject to approval.
| Fee item | Amount (C$) | INR equivalent |
|---|---|---|
| First-year tuition | 66,110.00 | INR 44.26 Lakhs |
| First-year incidental and system access fees, Innis example | 2,278.91 | INR 1.53 Lakhs |
| University Health Insurance Plan annual premium | 948.00 | INR 63,462 |
| First-year invoiced total, Innis example | 69,336.91 | INR 46.42 Lakhs |
| Upper-year Commerce tuition for eligible continuing cohorts | 75,150.00 | INR 50.31 Lakhs |
| 2027-28 provisional first-year tuition, information only | 68,750 | INR 46.02 Lakhs |
All INR conversions in the article use a conversion rate of CAD 1 = INR 66.9434 as of 06 November 2026. Rates fluctuate daily, verify before applying.
Source: University Registrar Tuition Explorer, international Arts & Science schedules; Planning and Budget tuition report, Table D2.
- Do not multiply the first-year fee by four because Commerce charges higher specialist tuition from second year.
- The non-refundable international admission deposit is credited towards tuition, with its amount and deadline specified in your applicant portal.
- The current published international application fee is C$196 (INR 13,121), with a separate 2027-entry supplemental fee of C$52 (INR 3,481).
Payment timing matters: the minimum required payment secures registration after your invoice appears, while the remaining balance has a separate deadline. Check both dates in your college instructions before arranging an international transfer, because late payment can generate service charges.
Cost of Living in Toronto for BCom Accounting Students
The university’s 2026 Greater Toronto Area estimates below are prior-year housing guidance, rather than residence quotations or a 2027 price guarantee. Lower-end totals are calculated from the listed components and exclude books, emergency savings and travel.
| Expense | Monthly (C$) | Monthly (INR equivalent) |
|---|---|---|
| Housing | 1,220 to 2,700 | INR 81,671 to INR 1.81 Lakhs |
| Electricity | 65 upwards | INR 4,351 upwards |
| Home internet | 60 to 115 | INR 4,017 to INR 7,698 |
| Phone | 50 to 100 | INR 3,347 to INR 6,694 |
| Tenant insurance | 30 to 50 | INR 2,008 to INR 3,347 |
| Food and groceries | 350 upwards | INR 23,430 upwards |
| Transport | 0 to 150 | INR 0 to INR 10,042 |
| Clothing and shoes | 50 to 100 | INR 3,347 to INR 6,694 |
| Entertainment and other expenses | 200 | INR 13,389 |
| Calculated monthly lower-end baseline | 2,025 | INR 1.36 Lakhs |
| Calculated annual baseline, 12 months | 24,300 annually | INR 16.27 Lakhs annually |
Rent drives the budget: the lower baseline assumes the cheapest listed housing and no transport spending. Obtain an actual housing quotation near St. George before relying on that baseline, particularly if your lease continues through summer.
Calculated prior-cycle planning illustration: the following first-year budget combines the verified 2026-27 Innis fee example with 2026 living estimates. It adds the university’s book allowance, emergency reserve and current application and permit charges, but excludes flights and college-specific differences.
| Calculation component | Amount (C$) | INR equivalent |
|---|---|---|
| First-year invoiced fees | 69,336.91 | INR 46.42 Lakhs |
| Living baseline for 12 months | 24,300 | INR 16.27 Lakhs |
| Books, two semesters | 1,100 | INR 73,638 |
| Emergency reserve | 550 | INR 36,819 |
| Study permit plus individual biometrics | 235 | INR 15,732 |
| International application plus supplemental application | 248 | INR 16,602 |
| Calculated sum | 95,769.91 | INR 64.11 Lakhs |
The illustration is not a confirmed September 2027 budget, because final tuition and subsequent years’ charges remain unsettled. Obtain a revised first-year invoice and a separate upper-year funding estimate before committing family savings or a loan.
Read More: Cost of Living in Canada
Use the Registrar component breakdown
The Commerce viewbook describes the earlier fee figures differently from the rendered Registrar schedules. The table follows the Registrar’s itemised charges; avoid adding insurance twice or treating a provisional rate as an approved four-year price.
Key insight: Higher Commerce fees begin after first year, so a first-year funding approval alone does not establish affordability for this four-year degree.
U of T BCom Accounting Admission 2027
For September 2027 entry, Indian school-leavers apply to the Rotman Commerce admission category at St. George, rather than directly entering the Accounting specialist. The specialist choice follows first year, so school admission and progression into second-year Commerce are separate decisions.
Indian qualification requirements: the university accepts the national qualifications below and evaluates State Board results individually. Its India page does not publish a universal percentage cutoff, so an Ontario admission average should not be treated as an Indian-board equivalency.
| Admission element | Requirement for an Indian school-leaver |
|---|---|
| School qualification | All India Senior School Certificate awarded by CBSE or Indian School Certificate awarded by CISCE |
| State Board qualification | Year 12 results with excellent performance considered individually |
| English | Senior-level English equivalent to the university’s prerequisite |
| Calculus preparation | CBSE Class XII Standard Mathematics; Applied Mathematics does not satisfy the calculus requirement |
| Additional assessment | Mandatory Rotman Commerce written and video supplemental responses |
Mathematics selection can determine eligibility, even when the applicant has studied commerce subjects and achieved strong overall school results. Check the exact Class XII mathematics title on your transcript before paying the application fee, because Applied Mathematics cannot replace Standard Mathematics here.
The university evaluates academic preparation and communication together, including leadership potential and engagement beyond class. Its published requirements do not list professional work experience or the Graduate Management Admission Test as standard school-leaver application components.
English Language Requirements
The following are the current published undergraduate requirements; the English policy page does not assign them a separate 2027 cohort label. Test minima establish English eligibility, rather than an admissions advantage.
| Test | Published minimum |
|---|---|
| IELTS Academic, International English Language Testing System | 6.5 overall; no band below 6.0 |
| TOEFL iBT, Test of English as a Foreign Language, current scale | 4.5 overall; Writing 4.5 and Speaking 4.0 |
| TOEFL taken before 21 January 2026 | 89 overall; Speaking 22 and Writing 22 |
| PTE Academic, Pearson Test of English | 65 overall; no part below 60 |
The revised TOEFL requirement is stated verbatim: The minimum requirement is an overall score of 4.5 with 4.5 in Writing and 4.0 in Speaking. These are the university’s published scores, with no conversion from the older scale.
- Arrange official electronic score delivery before the 1 February 2027 document deadline.
- Check every component requirement because a sufficient overall result can still leave an English condition unmet.
- Indian school English alone does not establish an exemption, and any exemption request must satisfy the university’s published criteria.
Progression into the Accounting Specialist
Current Guaranteed Admission requirements include four completed credits and minimum marks in management, economics and an approved mathematics route. These are university-course progression marks after enrolment, rather than Class XII admission cutoffs.
| First-year component | Current progression requirement |
|---|---|
| Introduction to Management, RSM100H1 | At least 67% |
| Microeconomics, ECO101H1 | At least 63% |
| Macroeconomics, ECO102H1 | At least 63%, assessed separately from microeconomics |
| Calculus and Linear Algebra for Commerce, MAT133Y1 | At least 63%; approved alternative mathematics routes have their own thresholds |
| Completed course load | At least 4.0 credits by the end of the summer session |
The separate economics thresholds mean one higher mark cannot offset a lower mark in the other course. Applicants concerned about first-year workload should map the required economics and mathematics sequence before adding optional specialist interests.
Tip for Indian students: Confirm Class XII Standard Mathematics eligibility first, then prepare for the university’s separate first-year progression thresholds before choosing Accounting.
U of T BCom Accounting Application 2027
The confirmed application route leads to September 2027 entry, with recommended early consideration followed by final application and document deadlines. Rotman Commerce does not publish a separate international January or summer entry route for this four-year programme.
Deadline clock: the programme publishes these cutoffs in Eastern Standard Time (EST), shown alongside Indian Standard Time (IST). The university’s published timezone controls portal submission, while the Indian equivalents fall on the following morning.
| Application stage | Published cutoff | Indian equivalent |
|---|---|---|
| Recommended early application | 7 November 2026, 11:59 PM EST | 8 November 2026, 10:29 AM IST |
| Recommended early supplemental application and documents | 1 December 2026, 11:59 PM EST | 2 December 2026, 10:29 AM IST |
| Final application | 15 January 2027, 11:59 PM EST | 16 January 2027, 10:29 AM IST |
| Final supplemental application and documents | 1 February 2027, 11:59 PM EST | 2 February 2027, 10:29 AM IST |
Early consideration requires both steps: submitting the initial application does not complete the supplemental assessment. The programme warns that supplements submitted after the recommended December deadline may not receive consideration until after the March decision round.
Decisions are released in monthly rounds from January through May, rather than on a guaranteed date for every individual application. A separate decision-date calendar matched to each submission stage is not published, so follow the status and conditions in your applicant portal.
Prepare the Written and Video Assessment
The supplemental application tests communication and evidence of personal contribution alongside your school record. It includes one prepared written response, one prepared video response and two additional video responses presented after starting.
- Practise the prepared written response within 20 minutes, using a specific example of your contribution rather than a list of activities.
- Rehearse each 90-second video slot with its included 30-second preparation period, so preparation does not consume your speaking time.
- Use the portal’s unlimited practice sessions to check your microphone, camera and ability to answer unfamiliar questions.
The Ontario Universities’ Application Centre processes applications, with the international-only route restricted to eligible applicants applying solely to Toronto among Ontario universities. Choose the appropriate route before payment, then use the acknowledgement instructions to access your personalised document checklist.
Submit evidence requested for your background, including the academic records and English results shown in the portal. Avoid substituting a generic postgraduate document bundle for the undergraduate checklist, since the supplemental responses are a required part of this application.
Application tip: Pair the early application with the December supplemental deadline if your preparation is complete, because submitting the supplement later can delay consideration beyond March.
U of T BCom Accounting Scholarships 2027
International applicants can receive merit awards, but the available routes differ sharply between automatic consideration and a school-nominated full scholarship. The two automatic awards below are current published schemes, with no separate 2027 award-value guarantee on their pages.
Funding routes: President’s Scholars and University of Toronto Scholars consider eligible secondary-school entrants automatically. Pearson explicitly covers September 2027 entry, but its earlier nomination and university-application requirements restrict who can still complete the scholarship process.
| Award | Published value | INR equivalent | Eligibility and application route |
|---|---|---|---|
| President’s Scholars of Excellence | C$15,000 in first year, non-renewable | INR 10.04 Lakhs | Outstanding international secondary-school entrants; automatic consideration based on admission average; prior post-secondary attendance excluded |
| University of Toronto Scholars | C$10,000 in first year, non-renewable | INR 6.69 Lakhs | Outstanding international secondary-school entrants to direct-entry undergraduate study; automatic consideration; prior post-secondary attendance excluded |
| Lester B. Pearson International Scholarship, September 2027 | Tuition, books, incidental fees and full residence support for four years | Full published coverage; no fixed cash equivalent | International school nominee meeting the prescribed graduation window and earlier application requirements; separate scholarship application |
Pearson is not a fresh application route for everyone on 6 November 2026, even though that is its scholarship submission deadline. Eligible candidates must already have satisfied the 9 October nomination and 16 October university-application deadlines.
For September 2027, Pearson accepts candidates in their final school year during 2026-27 or graduates no earlier than June 2026. Applicants already attending post-secondary studies are excluded, so a gap-year applicant should check both graduation timing and subsequent enrolment.
- If already nominated and timely registered for Pearson, complete the scholarship form and documents by 6 November 2026.
- For automatic awards, maintain the required full-time fall and winter registration because award payment depends on enrolment in the admitting division.
- Do not assume a first-year non-renewable award will reduce the higher specialist fees charged in later years.
The automatic awards do not require a separate scholarship form, which makes the admission record the relevant evidence for consideration. Treat either award as additional funding only after a written offer confirms its amount and conditions, rather than subtracting it from an unconfirmed four-year bill.
Also Check: University of Toronto Scholarships
Scholarship reality: The automatic awards are non-renewable, while Pearson requires an existing nomination and timely university application; fund later Commerce years independently unless your offer confirms continuing support.
U of T BCom Accounting Salary 2027
Broader Rotman Commerce cohort outcomes, rather than Accounting-specialist-only results, are available for the Class of 2025. The latest employment report records 95% employment within nine months among graduates seeking work, which does not establish an individual applicant’s placement probability.
Class of 2025 compensation: the figures below represent reported annual total compensation, including applicable guaranteed additional components. Industry figures group graduates by employer industry, rather than by their undergraduate specialist.
| Broader BCom cohort measure | Annual compensation (C$) | INR equivalent |
|---|---|---|
| Accounting services industry, median | 62,500 | INR 41.84 Lakhs |
| Accounting services industry, average | 61,687 | INR 41.30 Lakhs |
| All reported industries, median | 70,500 | INR 47.20 Lakhs |
Source: Rotman Commerce Employment Report 2025-26, Class of 2025.
Employment distribution: the same graduating cohort provides context for where the reported jobs were concentrated. These percentages do not isolate international graduates or Accounting specialists.
| Class of 2025 measure | Reported result |
|---|---|
| Financial services industry | 35% |
| Accounting services industry | 17% |
| Consulting industry | 14% |
| Employment in the Greater Toronto Area | 82% |
| Completed at least one internship during study | 86% |
The employment survey had an 83% response rate, while compensation data came from approximately 65% of graduates. Review the official BCom employment report before using its broader cohort figures in a borrowing decision.
Rotman Commerce has no co-op programme, so internship access should not be treated as a scheduled paid work term built into the degree. Its career team supports applications and interviews, but students still need to secure their own opportunities through recruitment processes.
The programme’s accounting employer list includes Deloitte, EY, KPMG and PwC, alongside other firms that have worked with Rotman Commerce. That list establishes recruiting relationships, rather than a hiring volume or an offer for every Accounting student.
Professional Qualification and Return on Investment
The earlier INR 64.11 Lakhs first-year planning illustration already represents substantial expenditure before three further study years. Final 2027 charges are unavailable, so a defensible four-year return-on-investment calculation requires a revised fee schedule and an individual funding offer.
- Because Commerce has no co-op programme, exclude unconfirmed internship earnings from the funding needed to pay its higher upper-year tuition.
- The Accounting specialist supports further professional training, so reserve funding for certification after the degree rather than treating graduation as completed professional qualification.
- Non-renewable entrance awards leave later specialist years unfunded, so request a loan assessment that includes the higher continuing tuition structure.
- The four-year BCom currently supports a potential three-year post-study work window, so model both Canadian employment and an India-return repayment scenario.
The Graduate Diploma in Professional Accounting lists the Rotman Accounting specialist among qualifying undergraduate backgrounds, subject to its additional admission requirements. Applicants seeking Canadian certification should therefore map the required accounting courses before spending electives on unrelated interests.
For an India return, the Canadian compensation figures cannot establish expected Indian earnings or local professional recognition. Obtain role-specific Indian salary evidence and check the intended professional credential’s requirements before choosing a foreign-currency loan repayment assumption.
Take-home pay depends on payroll deductions and personal circumstances; use Canada’s official payroll deductions calculator before estimating a monthly loan instalment. Annual gross compensation is not the amount available for debt repayment after housing and other expenses.
ROI reality: Broad BCom employment evidence supports a Canadian accounting-career pathway, but specialist-only outcomes and a confirmed four-year entry cost are missing. Assess borrowing without assumed internship income.
Canada Visa for U of T BCom Accounting Students 2027
Eligible graduates of this four-year degree may apply for a Post-Graduation Work Permit (PGWP) under current Canadian rules. This permit can provide up to three years of work permission, subject to eligibility and passport validity. Bachelor graduates currently need Canadian Language Benchmarks level 7 in each language skill, with no field-of-study restriction. Preserve full-time status during study unless an applicable exception permits otherwise, because reducing your load can affect eligibility.
- The current study permit fee is C$150 (INR 10,042), with individual biometrics costing C$85 (INR 5,690) when required.
- Current single-applicant maintenance proof is C$23,448 (INR 15.70 Lakhs) annually, excluding tuition and transport; this immigration requirement is separate from Toronto living estimates.
- The Canadian Experience Class requires at least one year of qualifying skilled Canadian work, excludes full-time student work and provides no automatic permanent-residence timetable or universal salary cutoff.
- This BCom alone does not confer student-spouse open-work-permit eligibility, although separate eligible programmes, independent permits and applicable existing-permit extension provisions may provide other routes.
Read More: Canada Student Visa Requirements
Visa reality: Current work-permit rules can support Canadian experience after this BCom, but they do not guarantee the policy or permanent residence when a 2027 entrant graduates.
U of T BCom Accounting Ranking 2027
The University of Toronto is joint 15th globally in the 2026 Quacquarelli Symonds (QS) Accounting & Finance subject ranking. This is a university-level disciplinary result, rather than a standalone ranking of the St. George Accounting specialist.
The 2026 edition supplies subject context for applicants considering 2027 entry, without establishing admission difficulty or graduate earnings. Its methodology includes academic and employer survey evidence alongside research measures, so interpret the position alongside the actual specialist curriculum.
For an accounting applicant, the ranking becomes useful when paired with course progression and professional preparation. Check whether the specialist’s economics requirements and subsequent certification pathway match your preparation, because the ranking does not remove either commitment.
Check Out: University of Toronto Subject Rankings
Honest take: A joint-15th subject position provides disciplinary context, but the first-year progression conditions and higher specialist fees remain the practical entry and affordability tests.
U of T BCom Accounting fits school-leavers who want specialist accounting preparation within a broader business and liberal arts degree. Its shared first year provides a foundation for that choice, while progression requirements demand sustained performance in economics, management and mathematics. The material tradeoff is the higher upper-year fee structure combined with internships that students must secure themselves. Complete the appropriate application and supplement by the verified deadlines, then obtain a final fee quotation before accepting a funding commitment.
U of T BCom Accounting FAQs
Ques. Is U of T BCom Accounting worth the cost for an international student?
Ans. Its value is clearest for an applicant seeking Canadian accounting preparation who can fund the higher specialist years without assuming internship income. Broad BCom employment evidence helps assess access to jobs, but it cannot establish Accounting-only earnings or an individual repayment period. Obtain final fees and a written funding offer before using that evidence to justify debt.
Ques. Can I choose Accounting after entering first-year Rotman Commerce?
Ans. Yes, students choose a specialist after first year, subject to completing the Guaranteed Admission requirements. If you are unsure about Accounting, use the shared introductory courses to test your interest while protecting the required economics and mathematics marks.
Ques. Should I wait until January to submit the Rotman Commerce supplement?
Ans. A January supplement can meet the final deadline, but it misses the recommended early consideration sequence. If your responses are ready, pair the early initial application with the December document deadline to preserve access to earlier consideration rounds.
Ques. Can a new applicant still start a Pearson scholarship application on 6 November 2026?
Ans. Only applicants who already met Pearson’s earlier nomination and university-application deadlines can complete the remaining scholarship submission at that stage. Other eligible school-leavers can receive automatic merit-award consideration, but those non-renewable awards do not fund the full degree.
Ques. How can an Accounting student build experience without a Rotman Commerce co-op programme?
Ans. Use the programme’s career coaching and internship postings to prepare applications for summer roles, rather than waiting for an assigned work term. Match technical preparation and interview practice to accounting recruitment, while keeping unconfirmed internship pay outside the tuition funding plan.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $44065 (CAD 62950) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Average Living Cost | $9097 (CAD 12995) |
| Health Insurance | $529 (CAD 756) |
Important Dates
These dates are based on previous year intake, upcoming dates are currently not available.
| Event | Application Date |
|---|---|
| Application Deadline For 2026 Intake | |
| Deadline To Submit Supporting Documents for 2026 Intake | |
Scores Required

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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| International Merit Admission Award | $20,000 | Merit Based |
| University of Toronto International Scholar Award | $40,000 | Merit Based |
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| U of T Karta Scholars Program | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| VueVille Future Technology Scholarship | Scholarship per student$ 700/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 2,450/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Jared J. Davis Grant | Scholarship per student$ 700/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 1,400/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
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Application Deadline for Fall Intake (1st Apr 2027) Document Submission Deadline for Fall Intake (2nd May 2027) | USD 37,229 /Yr CAD 53,184 /Yr |
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