Canada is a North American nation and the world’s second-largest country. Canada has a booming job market for MBA experts and provides world-class business education. At the same time, the country is well regarded for the world-class business education provided. Due to the country’s immigrant-friendly policies and comparatively lower college tuition has become a favourite study abroad location. The presence of excellent MBA-related opportunities in the country is one of the key reasons for Canada’s popularity amongst many MBA programs. So, those looking for jobs are in the right place because job opportunities after MBA in Canada are numerous.
In Canada, after the students are done with their graduation, all the international students can easily get a work visa; these visas are known to last for up to three years. Whether the student has done his/ her MBA in Canada or is looking for a job after doing MBA in Canada, prefers settling in the country forever.
MBA careers in Canada are similar to those in other nations, with executive-level roles paying the most; however, SMEs have a dominant job market in this nation. This is why an individual looking for a job after an MBA in Canada is most likely to work in small/medium-sized companies rather than Multi-National organisations.
Jobs after MBA in Canada for International students
Studying and working in Canada has several advantages for international students. When compared to other developed countries, obtaining a work visa in Canada is rather simple. This is something that has made jobs after MBA for international students a big deal!
Amongst the other reasons students choose to work in Canada after completing their MBA degree is that their work visa can be extended for up to three years and further leads to a permanent residency in Canada. Canadian colleges aid students with career services; these further assists students in finding jobs after MBA in Canada.
Highest Paying jobs after MBA in Canada
There are a variety of choices offered by MBA programs to international students in Canada. Like any other country, students are most interested in finance and consulting after getting their MBA degree. Nevertheless, when the day comes to an end, students’ decision regarding jobs after an MBA in Canada is heavily influenced by the state of the employment and the requirement in the market.
Here is a list of a few MBA roles that are in demand in the Canadian sector:
- Investment Analyst
- Business Analyst
- Business Development Manager
- Marketing Manager
- Project Manager
- Operations Manager
Also read: MS in Data Science in Canada
Highest Paying Universities in Canada
According to the QS News Ranking for 2021, there are around 18 business schools in Canada that are listed among the best institutions in the world that offer MBA programmes. It is due to the high-quality education that pupils get. These colleges are proud of the wage packages that its alumni have received from various major corporations around the country, in addition to delivering good education.
A list of the top ten such colleges is provided below:
|University||Annual Tuition Fee (CAD)||Average Annual Salary (CAD)|
|McGill University||46,000||83,000 – 118,000|
|University of Toronto||59,000||116,000|
|University of British Columbia||61,600||120,000|
|University of Alberta||28,281||94,000|
|Saint Mary’s University||43,000||100,000|
Is work experience necessary for MBA in Canada?
Work experience as a part of one’s MBA application may include any full-time job that you may have undertaken in a related profession following graduation. As a supplement to your employment experience, you may highlight any internships or voluntary work you’ve done. Eligibility criteria of the best business schools in Canada sometimes include a mandatory 2-3 years of job experience. But, at the same time within the nation, certain business schools may admit students to MBA programs even if they have no prior job experience.
How much work experience is required for MBA in Canada?
On average, the MBA students in Canada may have an experience of 6 years, which is twice more than the minimum experience criteria. The top B schools of the nation require a minimum work experience of 2-3 years of work experience for an MBA in Canada. However, certain universities require a total experience of 4-5 years for an individual to pursue the program.
Another mandate is that the experience of the candidate must be in a field relevant to the course.
MBA jobs in Canada with salary
The salary of MBA graduates in Canada varies completely on the specialisation they have pursued and their job role. The amount of salary paid to an individual in the field also depends upon the province they are located in. Each province may have a little variation in the sum they provide to an MBA individual compared to the other province. Salary after MBA in Canada is around 13,000-15,000 CAD per month.
Here’s an MBA salary table for your reference:
|Job Role||Specialisation||Average Salary in CAD|
|Vice President- Head of Technology and Operations||MBA Operations||175,000- 200,000|
|Operating Officer- Administration||MBA Operations||157,680|
|Operations Officer-Administration||MBA Operations||219,000|
|Operations Supervisor||MBA Operations||55,000|
|Facility Operations Manager||MBA Operations||280,320|
|Vice President- Financial, Communications, and Other Business Services||MBA Finance||250,000 to 450,000|
|General Manager||MBA Finance||438000|
|Finance and Control Manager||MBA Finance||55,000 to 66,000|
|Human Resources Coordinator||MBA Human Resources||350,400|
|Human Resources Director||MBA Human Resources||100,000|
|HR Coordinator||MBA Human Resources||47,227|
|Senior Human Resources Manager||MBA Human Resources||105,560|
|Human Resource Manager||MBA Human Resources||71,208|
|Marketing Analyst||MBA Marketing||51,000|
|Marketing Coordinator||MBA Marketing||70,000|
|Manager-Sales and Marketing||MBA Marketing||359,160|
|Marketing Manager||MBA Marketing||84,900 – 141,400|
|Business Development Officer||MBA International Business||75,000|
|Consultant, Business||MBA International Business||85,000|
|Business Management Consultant||MBA International Business||69,000|
|Business Consultant||MBA International Business||50,000 – 56,000|
|Administrative Manager||MBA International Business||376,680|
Check Out: Highest paying jobs in Canada
List of Salary depending upon the province:
|Province||Job Role + Average Salary in CAD|
|British Columbia||Executive Assistant- 54,000|
|British Columbia||Project Manager- 76,000;|
|British Columbia||Operations Manager- 67,000;|
|Nova Scotia||Office Manager- 44,000|
|Nova Scotia||Project Manager- 69,000|
|Nova Scotia||Executive Director- 60,000|
|Ontario||Chief Financial Officer- 148,000|
|Ontario||Project Manager- 85,000|
|Ontario||Marketing Manager- 73,000|
|Alberta||Office Manager- 56,000|
|Alberta||Operations Manager- 78,000|
|Alberta||Project Manager- 87,000|
|Manitoba||Office Manager- 47,000|
|Manitoba||Operations Manager- 67,000|
|Manitoba||Project Manager- 68,000|
|Quebec||Financial Analyst- 59,000|
|Quebec||Project Manager- 68,000|
|Quebec||Operations Manager- 62,000|
|New Brunswick||Executive Director- 58,000|
|New Brunswick||Project Manager- 63,000;|
|New Brunswick||Operations Manager- 61,000;|
|North West Territories||Operations Manager- 75,000|
|North West Territories||Executive Director- 81,000|
|North West Territories||Project Manager- 76,000|
|Prince Edward Island||Marketing Manager- 46,000|
|Prince Edward Island||Executive Director- 53,000|
|Prince Edward Island||Project Manager- 70,000|
|Nunavut||Operations Supervisor- 78,000|
|Nunavut||Retail Store Manager- 55,000|
Also read: Masters Courses in Canada
Which companies hire MBA graduates in Canada?
Since the Canadian market has a dominance of SMEs rather than MNCs, graduates get jobs after MBA in Canada in small and medium-sized companies only. Most of the jobs by the graduates are secured in companies which require individuals to for functions like Finance, Marketing, Strategic Planning, Sales & Development, and Consulting.
The top companies which provide jobs after MBA in Canada are namely:
- Rogers Group Inc
- Goldman Sachs
- Thomas Reuters
- Canadian Imperial Bank of Commerce
- TD Canada
- RBC Asset Management
- RBC Asset Management
- KPMG, LLP
Work permit after MBA in Canada
Following 180 days of completion of graduation from university in Canada, overseas students are permitted to go and apply for a PWGP (Post Graduate Work Permit), provided by the Canadian government. This work permit allows the international students to lawfully stay and work in the nation for a duration of up to three years.
However, the candidate must have a valid Canadian student visa and permit to be considered for the work permit. The university from which they are graduating must be Canadian, and the degree must be full-time, lasting at least eight months.
Government jobs after MBA in Canada
In various countries, while looking for jobs after MBA, many students are willing to go for jobs in the government sector, which they avail being a part of PSUs in a managerial job role, or as a bank employee amongst others. Likewise, even in Canada, there are various job roles available for the MBA graduates to apply; some include Program Sponsor, Senior Director, strategic planning and policy officer, etc.
Note: Freshers looking for a job in the Canadian government after MBA might only get entry-level jobs rather than higher authority ones with good salaries. Therefore, to get good government jobs, it is suggested to look for some experience first.
Check Out: Canada PR from India
How to get a work visa after studying in Canada?
The procedure of availing of a work permit in Canada is quite simple. This is the only reason many students come attracted to the nation, making it one of the biggest hubs for pursuing an MBA. The students apply for a work permit after their graduation from the course has been completed. The work permit they get lasts for 3 years, post which there would be other procedures to be followed by the candidate. However, a candidate must meet certain rules and criteria to be eligible for a work permit in Canada.
The candidate must have/ or fulfil the following for being eligible for a work visa:
- official letter from their school
- degree or diploma
- Transcript, even a copy of the same from the website of your uni too would work.
- The candidate should be a student of a Canadian university
- The duration of the degree or diploma should be eight months or more
- The candidate should have a study visa and permit
Note: A time period of 180 days is given to the candidate to apply for a work permit after graduation.
Ans: All international graduates of the Full-Time MBA program are eligible for a 3-year Canadian work permit, a major advantage not offered by other international and one-year MBA programs. Once you complete your MBA, you’ll be eligible for a Canadian work permit, even if you don’t have employer sponsorship or a job offer.
Ans: The average MBA salary in Canada is $60,379 per year or $30.96 per hour.
Ans: Finance, Marketing, Human Resources, International Business, Operations, Supply Chain Management, and other MBA specialties have the highest average pay in Canada.
Ans: Business Analyst, Financial Manager, Project Manager, Operations Manager, Marketing Manager, Business Development Manager, Investment Analyst, and other positions following an MBA are some of the most common in Canada.
Ans: Career options after MBA in Canada
Human Resource Director.