MBA in Finance in Canada is a popular graduate degree program with a span of 1 to 2 years. After graduating with MBA in Finance in Canada, students pursue career in fields like Project Management, Financial Analysis, Business Analysis, Finance Control and related sectors. The average salary of the graduates completing MBA in Finance in Canada is 82,000 CAD (50 lakhs INR) per annum. Some of the top employers hiring graduates of MBA in Finance in Canada are, EY, Morgan Stanley, JP Morgan Chase & Co., IBM, Google and others.
Currently, Finance is the most popular specialization among the MBA employers in Canada. According to Jobsbank, around 22,300 vacancies are being expected to emerge in the upcoming 10 years. International students planning to study MBA in Canada with specialization in Finance stand a high chance of getting employment in their desired companies.
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Popular MBA Finance Jobs in Canada
Some of the most popular MBA Finance jobs in Canada are listed in the following table along with the average salary:
| Professions | Average Annual Salary (USD) | Equivalent Annual Salary (INR) |
|---|---|---|
| Financial Analyst | 62,000 | 96.55 lakhs |
| Finance Manager | 87,000 | 52.09 lakhs |
| Senior Financial Analyst | 82,000 | 47.58 lakhs |
| Senior Business Analyst | 81,000 | 92.93 lakhs |
| Financial Controller | 81,000 | 79.05 lakhs |
| Project Manager | 75,000 | 84.49 lakhs |
| Business Analyst (IT) | 67,000 | 92.93 lakhs |
| Management Consultant | 91,000 | 85.09 lakhs |
| IT Director | 128,000 | 1.15 crore |
MBA Finance in Canada by Province
British Columbia and Quebec are the provinces with the highest growth rates for MBA Finance Jobs in Canada. It is estimated that the province of British Columbia alone would create about 40,000 new accounting jobs by 2029, as the industry expands, providing several prospects for people interested in working in finance.
Stay Back After MBA Finance in Canada
- The Immigration, Refugees, and Citizenship Canada (IRCC) of the Canadian Government provide the post-study work permit in Canada.
- Prospective students can apply for a Post Graduation Work Permit (PGWP) after graduating with an MBA in Finance in Canada.
- The permit is offered for a maximum period of 3 years and cannot be extended beyond the duration of the program of study in Canada. There are various other work permits for Canada, based on the employment type, employer type and time span.
MBA Finance in Canada Internship Opportunities
Universities offering MBA Finance in Canada provide internship opportunities to students. Some of the top universities offering internships to the students are listed here:
- Rotman School of Management: Students pursuing full-time MBA in Rotman complete their degree by two academic terms, a summer internship and two more terms of courses. Students can choose their suitable internship programs with a joint work placement course.
- Alberta School of Business: International students pursuing a full-time MBA in UAlberta are offered with a summer internship program. Internships are not mandatory but strongly recommended by the university for MBA in UAlberta. Students can find numerous internship options on the Careerconnect portal. Students pursuing summer internships at UAlberta secure 1.7 to 2.9 lakh per month. The general rate of payment to the interns is 25 CAD (1,500 INR) per hour.
- Laval University: MBA students at Laval University can consider internships with a maximum duration of 12 months. The student must get an invitation from their supervisor belonging to the faculty of Université Laval. The international office plays no role in finding internships for international students.
MBA Finance Placements in Top Business Schools of Canada
Over 95% of the MBA Finance students in the top universities in Canada secure employment within 3 months of graduation.
- According to the latest report of Rotman School of Management, students graduating with an Accounting/ Finance MBA earn a median salary of 86,000 CAD. The salary ranges from 55,000-200,000 CAD per annum.
- MBA graduates of Rotman working in the Financial Services sector earn an average annual salary of 93,800 CAD.
- Around 94% MBA graduates of University of Alberta get employed within 3 months of graduation.
- The mean total salary of the full-time MBA Finance graduates of UAlberta is 79,000 CAD per annum.
- 8.8% of the total employed graduates of UAlberta work in the Financial Services sector.
The following graph comprises some of the most popular finance degrees offered in Canada and their average annual salaries:
MBA Finance Top Employers in Canada
According to the data by QS Global Employer Survey, 2022, Finance is the most popular function on which employers are hiring in Canada. Among the top 12 most popular functions, Finance exhibits the highest share of 57% of students employed by the recruiters. Some of the top recruiters across finance in Canada are Reos Canada, Inc; Muen Canada Limited; Canada Immigration and Visa Services Inc.
Also Check: Part Time Jobs in Canada
MBA Finance in Canada Return on Investment
Some of the top universities offering MBA Finance Jobs in Canada and their return on investment are explained in the following graph:
The internship opportunities across the top universities and b-schools in Canada provide hand-on learning opportunities to international students. With emerging job vacancies in the sector, MBA in Finance is one of the profitable sectors to study in Canada.
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