MBA Jobs in Canada for International Students
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The average salary of MBA graduates in Canada is CAD 88,000 (INR 54.64 lakhs) per year. Project manager, Chief Executive Officer and HR manager are some of the high-paying MBA jobs in Canada. Students who are planning to pursue MBA abroad can consider Canadian universities.
Canada is not just a popular study destination but because of immigrant-friendly policies, it has become a preferred destination for job seekers as well. Those who are looking to pursue MBA in Canada must be keen to know about the job market. MBA Jobs in Canada are lucrative and can increase the potential of your earnings. Apart from top-ranked universities, high-paying job is the major reason to pursue an MBA in Canada.
After pursuing an MBA in Canada, international students can get a work permit of up to 3 years. According to Payscale, an MBA graduate can earn up to CAD 7400 (INR 4.59 Lakhs) per month as salary. Apart from this, you may get a cash bonus but it depends on your overall package. In this article, we will inform you everything about jobs in Canada after an MBA. The job roles for MBA graduates are similar to other countries; however, there are certain differences.
- MBA Jobs in Canada: Province Consideration
- Jobs after MBA in Canada from Top MBA Colleges
- Post Graduate Work Permit Canada (PGWP Canada)
- MBA Jobs in Canada: Major Organizations
- How to Get After MBA Jobs in Canada?
- Popular Job Roles for MBA Graduates in Canada
- MBA Salaries in Canada
- MBA Jobs in Canada FAQs
MBA Jobs in Canada: Province Consideration
Three major provinces of Canada, Toronto, Vancouver, and Montreal have some of the biggest job markets in Canada. Toronto is home to Canada's largest financial services sector. According to the technology and networking hub, MaRS, there are more than 12,000 firms in Toronto. It is one of the biggest providers of jobs in financial services.
Apart from this, British Columbia is becoming a leading economic powerhouse in Canada. Financial services and technology are the two leading industries offering jobs to MBA graduates in Canada.
Jobs after MBA in Canada from Top MBA Colleges
The table given below provides the salary after MBA in Canada from top MBA colleges. The rankings of the colleges are based on the QS Global MBA Rankings Canada 2023. Tuition fees for these colleges have also been provided in the table:
| MBA College in Canada |
Tuition Fees |
Salary after MBA in Canada |
|---|---|---|
| CAD 67,532 (1st year) |
CAD 104,622 |
|
| CAD 126,600 (1st year) |
CAD 107,850 |
|
| CAD 99,500 (1st year) |
CAD 93,389 |
|
| CAD 105,100 (Total) |
CAD 100,406 |
|
| CAD 112,250 (Total) |
CAD 98,165 |
|
| CAD 94,559 (Total) |
CAD 98,336 |
|
| CAD 65,000 (Total) |
CAD 125,540 |
|
| CAD 47,900 (Total) |
CAD 104,321 |
|
| CAD 59,000 (Total) |
CAD 122,202 |
|
| CAD 91,320 (Total) |
CAD 165,900 |
Post Graduate Work Permit Canada (PGWP Canada)
International students have a big advantage of working in Canada. Getting a work visa in Canada is quite easy than in other developed nations. This is one of the biggest factors as to why students are drawn to work in Canada after finishing their MBA degree. The work visa can be for three years, which also leads to permanent residency in Canada. Read more about all about post-study work permit in Canada here
One big advantage of MBA programs in Canadian universities is that they offer career services to students, that further help them in landing a job post-study. In addition, some programs help in getting MBA internships that also prove fruitful in landing a job.
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MBA Jobs in Canada: Major Organizations
According to Emolument, MBA is one of the best-paying degrees in Canada. With an Executive MBA, graduates earn an average salary of CAD 100,000. Some of the popular firms that recruit MBA graduates from Canada are:
| MBA Recruiters in Canada |
||
|---|---|---|
| Bank of Canada |
Bank of Montreal |
Canada Life |
| Capital Method |
CIBC |
CPPIB |
| CPQi Canada Ltd |
EY |
KPMG |
| Manulife |
National Bank |
Ontario Financing Authority |
| Office of the Superintendent for Financial Institutions |
Ontario Securities Commission |
OPTrust |
| PwC |
Royal Bank |
Scotia Bank |
| Sunlife |
TD Bank/TD Securities |
Deloitte |
Also Read: Types of Jobs after MBA
How to Get After MBA Jobs in Canada?
In order to get jobs after doing MBA in Canada, students can start preparing for the same from the day their program begins. Given below are some of the tips that will help you amp up the job search after the completion MBA in Canada.
- Personal networking: This plays an important role in finding jobs. As an international student, one will meet a lot of people while studying MBA. Use this to your advantage and get in touch with the people who can offer some leads on landing a good job.
- Look for internship opportunities: Be cautious and look for internship opportunities that add value to your CV.
- Build your profile: Focus on building an impactful career profile that will make you stand out from the crowd. Apart from academics, try to showcase your extra-curricular activities as well.
- Career portals: Go over the online job search portals, social media, career events, job fairs, career centres of the university, etc. to know about the vacancies.
- Keep the CV updated: The first and foremost thing an employer notices is your resume. So, make sure you customize your resume and keep it updated with your academic and professional achievements, work experiences, skills, etc.
Popular Job Roles for MBA Graduates in Canada
Depending on the job market and industry demand, different MBA specialisations may exist in Canada. Finance, marketing, human resources, operations, and entrepreneurship have historically been well-liked specialisations. After COVID, there has been a shift in focus towards specialisations like business analytics, digital marketing, and other developing sectors. In terms of job prospects after completing an MBA in Canada, there is a wide range of opportunities available. Some of the top job roles for MBA graduates in Canada include:
- Marketing Manager: Responsible for developing and implementing marketing strategies, conducting market research, and managing marketing campaigns.
- Financial Analyst: Involved in analyzing financial data, preparing financial reports, and providing insights for business decision-making.
- Operations Manager: Overseeing the day-to-day operations of a company, optimizing processes, and ensuring efficiency and productivity.
- Human Resources Manager: Managing employee recruitment, training, performance evaluations, and implementing HR policies and procedures.
- Business Development Manager: Identifying new business opportunities, building relationships with clients, and developing strategies for business growth.
- Management Consultant: Providing expert advice and guidance to businesses in areas such as strategy, operations, and organizational development.
- Project Manager: Leading and managing projects, ensuring they are completed on time, within budget, and meeting project objectives.
- Supply Chain Manager: Responsible for managing the flow of goods and services, optimizing supply chain processes, and ensuring timely delivery.
These are just a few examples, and there are many other job roles and industries that MBA graduates can explore in Canada.
MBA Salaries in Canada
The table given below specifies the average salaries for the job roles that are offered after MBA in Canada. The data given below has been sourced from payscale.com.
| Job Role |
Average Salary |
|---|---|
| Project Manager |
C$ 85,970 |
| Management Consultant |
C$ 87,179 |
| Marketing Manager |
C$ 74,202 |
| Human Resources Manager |
C$ 75,478 |
| Senior Business Analyst |
C$ 86,106 |
For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.
MBA in Canada: Know More
MBA Jobs in Canada FAQs
Q. Is MBA degree from a Canadian university suitable for international jobs?
A. Yes, an MBA from a Canadian university may be appropriate for positions abroad. Universities in Canada are renowned for providing high-quality education and frequently place highly in international MBA rankings. You can build a solid foundation of business knowledge and abilities that are transferable to a variety of international contexts by earning an MBA from a Canadian university. Strong international networks and collaborations with businesses and organisations from around the world are present in many Canadian universities. Your chances of participating in international internships, exchange programmes, and networking events will increase your knowledge of international business and broaden your professional network.
Q. Are there good jobs in Canada after MBA?
A. After earning an MBA, there are good work chances in Canada. A variety of industries in Canada's robust and diverse economy provide good job prospects for MBA graduates. Canada's top industries with high employment prospects for MBA graduates are banking, consulting, technology, healthcare, manufacturing, and retail. MBA graduates from around the world are drawn to Canada because of its reputation for being receptive to foreign talent in the employment market. The knowledge and skills acquired during an MBA programme are frequently valued by Canadian employers, and there is a need for workers with excellent business acumen and leadership qualities.
Q. What is the average salary of an MBA graduate in Canada?
A. According to ca.talent.com, the average MBA salary in Canada is $63,853 per year. The entry-level positions start at $51,946 per year, whereas, the most experienced workers make up to $87,610 per year. The job market might differ depending on things like region, industry, and specific credentials and experience, it's crucial to remember that. After earning your MBA, you can improve your chances of landing a great job in Canada by doing extensive study, networking, and utilising the career services offered by colleges. Overall, Canada offers outstanding job prospects for MBA graduates, both for domestic and international students, thanks to its robust economy, numerous industries, and welcoming immigration regulations.
Q. List some popular MBA jobs in Canada.
A. Some popular MBA jobs in Canada include:
- Business Analyst: Business analysts analyze business operations and provide recommendations for improvement.
- Project Manager: Project managers oversee and coordinate projects, ensuring they are completed on time and within budget.
- Financial Analyst: Financial analysts assess financial data and provide insights for investment decisions.
- Marketing Manager: Marketing managers develop and implement marketing strategies to promote products or services.
- Consultant: Consultants provide expert advice to organizations to improve performance and solve business problems.
- Operations Manager: Operations managers are responsible for managing and optimizing business operations to ensure efficiency and productivity.
- Product Manager: Product managers oversee the development and launch of new products, from concept to market.
- Human Resources Manager: HR managers handle recruitment, employee relations, and organizational development.
- Supply Chain Manager: Supply chain managers optimize the flow of goods and services from suppliers to customers.
- Entrepreneur: MBA graduates with an entrepreneurial spirit may start their own businesses or ventures.
Q. Which industries are in demand in Canada after an MBA?
A. Many industries in Canada are in demand after earning an MBA. One such sector is finance, where MBA holders can find work as financial analysts, investment bankers, or wealth managers. MBA graduates are also valued in the consulting sector since they can offer businesses strategic counsel and problem-solving abilities. Canada's technology industry is expanding, and there is a rising demand for MBA professionals to fill positions like product manager and business development manager. There is a growing need for MBA graduates in positions like operations manager or healthcare administrator because the healthcare sector is expanding and changing. Finally, since the retail sector is changing quickly, MBA graduates can contribute their experience in positions like marketing manager or manager of retail operations.
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