If you are a business school graduate, you are likely to be interested in the MBA Graduate Jobs and Salary in Canada. In this article, Immigly.com gives an overview of the salary and Job prospects for MBA graduates in Canada.
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Master of Business Administration (MBA) degree ranks as one the most valuable degrees in Canada. Aside from the US and UK, Canada is considered the best country for MBA graduates. In fact, Canada is rated as one of the top 3 Countries with the best MBA salaries.
The Canadian Job Market is flooded with so many MBA job positions in many industries, especially finance, information, and technology.
MBA Graduate Jobs in Canada For International Students
MBA Jobs are also available to international MBA graduates seeking job opportunities in Canada. However, it is easier to get these job openings if your MBA degree was issued by any of the top-rated Business Schools in Canada.
Foreign graduates of the Full-Time MBA program are eligible for a 3-year Canadian work permit even if they don’t have a job offer in Canada. This is one major advantage of getting an MBA degree at a Canadian business school.
What are the MBA Graduate Jobs in Canada
In Canada, you will find many MBA jobs in various industries. However, Consulting, Finance, and Technology have the most positions for MBA graduates.
1. MBA Consulting Services
An MBA Consultant provides management consulting services to assist organizations to improve their performance. They also provide expertise in specific markets. MBA Consultants in Canada earn an average salary of $87,428 CAD.
Consulting services include Business Management Analytics, Marketing management, Operation, and Research Analytics.
Job openings in Business management consulting for MBA graduates in Canada are predicted to hit a total of 59,400 within the next 10 years.
2. MBA Finance Jobs
MBA graduates working in the finance industry are required to assist with financial planning and budgeting processes. They also prepare projections and carry out research and financial analysis.
Job openings in finance for MBA graduates in Canada are predicted to hit 22,300 in the next 10 years.
MBA finance services include Financial Reporting, Financial analysis, investment planning, Accounting, etc.
In the finance sector, MBA graduates earn an average salary of $117,300 CAD
3. MBA Information and Technology Jobs
MBA IT graduates can choose from a range of specialization jobs related to information technology.
The following positions are available to those with an IT MBA in Canada
- IT Infrastructure Project Manager
- Program Manager
- Project Manager
- IT Manager
- Help Desk Manager
MBA IT graduates in Canada earn an average salary of $93,000 CAD.
What is the Salary of MBA Graduates in Canada?
The Salary of MBA Graduates in Canada might not be as high as in the US or UK. However, they earn more than most MBA graduates in other countries.
The average salary for MBA graduates varies between $80,000 CAD to $90,000 CAD. This figure was estimated from the earnings of MBA graduates from 4 schools that made it into the last Financial Time Global MBA ranking. They include,
- McGill University: Desautels Faculty of Management
- Queen’s University: Smith School of Business
- University of Toronto: Rotman School of Management
- Western University: Ivey Business School
Highest Paying MBA Specializations in Canada
If you’re seeking admission into a Canadian business school, you might want to specialize in one of these MBA programs. The following programs are known as the highest-paying MBA Specialisation in Canada.
- MBA in Finance
- MBA in Information Technology
- MBA in Marketing
- MBA in Project Management
- MBA in Business Analytics
- MBA in Human Resources
Where Can I Find MBA Graduate Jobs in Canada
Most of the MBA graduate jobs are found in the following provinces in Canada.
This province is the home to Canada’s largest financial services sector. Toronto houses about 12,000 firms and around 350,000 employees. MBA graduate Jobs in marketing and finance are prominent in this Canadian province.
Although the Vancouver Job Market is hidden, MBA IT jobs are easily accessible in this city. Vancouver is known for Technology and Finance job opportunities. The quality of life offered by the province makes it a top choice for most MBA graduates.
Generally, Quebec is known for its low unemployment rate. This province houses so many MBA positions in finance and marketing.
Other Provinces in Canada with good ratings in MBA graduate jobs include Ontario, Alberta, and Nova Scotia
How To Search for MBA Graduate Jobs in Canada
You can find MBA Jobs in Canada on online job portals. Here are some of the job portals you can search for MBA Jobs in Canada:
- Robert Half
If you have any questions about this article, let us know in the comments section below.