Salary and Career Statistics

Career Overview

Likely the main reason most of you are looking at earning your MBA is to boost your career - both in terms of responsibility and in terms of salary.  This post will look at the career statistics made available by Canadian MBA schools for their Full-Time MBA programs.  It's not easy to find full reports from schools for their Full-Time programs and even less information is available for Part-Time or Executive MBA programs.

I will offer one point of caution, the statistics reported by each program are average numbers and not necessarily what you can expect post-graduation.  Depending on your background and interests, some programs would make a lot more sense than others.  For example, if you are looking for a Finance focused job in Toronto, the University of Victoria shouldn't really be your first choice.

All programs should follow the guidelines laid out by the MBA Career Services and Employer Alliance.

Canadian MBA Employment Statistics

University (School)
3-Month Placement Rate
Average Starting Salary
Salary Increase (%)
90%
$72,857
-
-
-
-
-
$61,000
-
76%
$79,071
-
97%
$65,000
-
-
-
-
85%**
$80,532
35%
-
-
-
-
-
-
89%
$89,578
-
71%**
$67,800
-
-
-
-
94%**
$82,465
-
-
$85,000
35%
Saint Mary’s University (Sobey)
-
$57,500
55%
Simon Fraser University (Beedie)
-
$59,500
26%
Thompson Rivers University
-
-
-
Trinity Western University
-
-
-
Université de Moncton
-
-
-
Université de Sherbrooke
-
-
-
Université du Québec à Montréal
-
-
-
Université Laval
-
$63,016
-
University of Alberta
86%
$75,500
58%
University of British Columbia (Sauder)
77%
$77,000
48%
University of Calgary (Haskayne)
87%
$94,264
47%
University of Fredericton
-
-
-
University of Manitoba (Asper)
100%**
$74,100
16%
University of New Brunswick
35%
-
-
University of Northern British Columbia
-
-
-
University of Ottawa (Telfer)
82%
$83,501
-
University of Regina (Levene)
-
$78,000
-
University of Saskatchewan (Edwards)
93%
$73,822
-
University of Toronto (Rotman)
76%
$91,282
-
University of Victoria (Gustavson)
-
-
-
University of Windsor (Odette)
-
$61,000
-
Vancouver Island University
-
-
-
Western University (Ivey)
92%
$85,000
-
Wilfrid Laurier University
-
$67,958
-
York University (Schulich)
88%
$84,305
-
** - 6 month placement rate

MBA Placement Rate

This looks at the percentage of graduating students who were seeking employment, were successful employed within 3 months of graduation.  Any graduating students who were sponsored by their employer and are returning to the company are not included in this number, along with any students who are starting their own entrepreneurial endeavour or who are returning to further study.  While there are many individual factors that go into how easy or difficult it is to find a job after graduation, a larger percentage is generally a good thing to look for.

Salary Increase

This looks at the percentage increase in a graduates salary from when they entered the MBA program to their post-graduation salary.  There are two ways to look at this.  First, for schools with a higher average salary but a low increase this would mean they are bringing in some very strong and experienced students into the MBA program.  Secondly, for schools with a large increase in salary but low entering salary numbers, the program will likely have a number of younger students with less experience (lower salary).  

Available Information

As you can see, a number of items are missing in the table above.   Some schools are simply quite small and don't have the student base or resources to track and report career data for their graduates.  

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