I got some questions. Here are the answers ![]()
Housing: 1. What are the best zones to live in Toronto and study in Rotman (in terms of price & location)? Do you live near the university?
Toronto is very much a big patch work of good and bad areas. It’s pretty easy to figure out where not to live. Anywhere close to UofT is generally good. Some parts south-east of Yonge and Bloor can get a little sketchy.
I personally don’t live near the university. I’ve chosen to live in the Yonge and Eglinton area, a little bit away from the normal action of the school.
The best I can say is ask me about a specific area and I’ll give my input but it’s hard to do a brain dump of all the area’s in Toronto. Probably best to live on the subway line though.
2. Is it possible to live in a suburb and use a car to travel everyday? Is this a good option?
It’s possible and I know a few (very few) people who do it. The MBA is quite a hectic life and even I have problems occasionally where I live. If traveling takes more than 45 minutes, I’d say you’re going to run into big trouble. You have to also remember that you’re likely going to participate in things outside of normal class and living far away can put a strain on your quality of life.
Each person is different though and you’ll personally have to weigh the trade-offs. Here are somethings I’d consider:
- The amenities of living in suburbia, what do they provide over living in the city?
- The price difference in rent
- The cost of commuting, factoring in not only car+insurance+gas but also the opportunity cost of your time. Time becomes very precious in a intense program. You could spend 2 hours a day commuting or those two hours sleeping/with your partner or friends.
- The value of being able to quickly get to school when an “emergency” comes up or an impromptu get together comes up in the city.
- The same questions applied to your partner and their work.
3. What is the average price for a 1-2 bedrooms apartments?
I have no idea of a catch-all price, it varies greatly. Toronto is pretty competitive and there are many sites online that will give you an idea of prices.
MBA: 1. After more than one year in the Rotman MBA, what would you recommend to a new student? What’s the best preparation before starting the MBA?
If you’ve been accepted, you’re obviously pretty smart so don’t worry too much. I did the pre-courses and that’s about it. I’ ve written a few posts about them and I think they cover my thoughts pretty well. Other than that, have some fun before the program starts.
2. Are you happy with your decision of attending the Rotman MBA?
Yes. I think the choice of Rotman was a good one for me. Of course I have no other frame of reference (I haven’t done another MBA program) so it’s an extremely biased opinion. There are somethings that I maybe don’ t like (outlined in a few posts and in the next question).
3. What would you do different if you were able to?
- Maybe lived a little closer to school.
- Maybe considered a 16-month straight-through program. I’ m starting to tire of being in school and really just want to get to work.
- Quit work earlier and had some fun. I left work and started school almost immediately.
- Worried about marks less.
- Spent more time reflecting on what I’m actually learning rather than pedal-to-the-floor-let’s-just-get-this-work-done type learning. This is very hard to do when you’ve got lots of work.
- Interacted with the professors more non-classroom settings.
Any other questions are welcome.