It is currently 19 Oct 2017, 22:35

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Careers in Canada after Top-5 MBA

Author Message
Intern
Joined: 25 Sep 2017
Posts: 2

Kudos [?]: 0 [0], given: 1

### Show Tags

25 Sep 2017, 09:32
What does a typical graduate (MBA) from a top business school in Canada (Ivey/Schulich/Rotman) expect to make 4 to 5 years, or 10 years, after the MBA?

I know this is general but what sort of package increases to expect each year?

Kudos [?]: 0 [0], given: 1

BSchool Forum Moderator
Status: Transforming Educational System
Joined: 21 Sep 2016
Posts: 268

Kudos [?]: 89 [0], given: 42

Location: India
Concentration: Nonprofit, Social Entrepreneurship
GMAT 1: 650 Q50 V27
GRE 1: 319 Q170 V149
WE: Education (Non-Profit and Government)

### Show Tags

30 Sep 2017, 00:14
What does a typical graduate (MBA) from a top business school in Canada (Ivey/Schulich/Rotman) expect to make 4 to 5 years, or 10 years, after the MBA?

I know this is general but what sort of package increases to expect each year?

Roles and designations would be a better parameter to look at rather than the money. You can use Linkedin to see the career progression of an alumni of your target school in 10 years.
_________________

If you found my post helpful, kindly press "+1 Kudos" to appreciate ..TIA

Kudos [?]: 89 [0], given: 42

BSchool Forum Moderator
Joined: 26 Feb 2016
Posts: 1454

Kudos [?]: 594 [0], given: 16

Location: India
WE: Sales (Retail)

### Show Tags

30 Sep 2017, 04:28

starts from?

From what I have heard, the packages at Schulich are in the range of 65000\$ - 165000\$.
So, if somebody starts at a lower price band straight out of school, the packages are quite
different for him/her as compared to someone who starts with a Big 4 for consulting
_________________

Stay hungry, Stay foolish

Kudos [?]: 594 [0], given: 16

Status: It's now or never
Joined: 10 Feb 2017
Posts: 276

Kudos [?]: 27 [0], given: 51

Location: India
GMAT 1: 650 Q40 V39
GPA: 3
WE: Consulting (Consulting)

### Show Tags

30 Sep 2017, 06:01
pushpitkc: I also have an additional point. I believe there are a lot of folks who have the perspective that no matter how many years of experience you have. You land up starting from lower points in the salary ranges when you complete your MBA. I heard a few candidates talking about it and seemed very confident about this thing, which I failed to understand - WHY is that? I met a few folks at an MBA fair recently, attended a couple of meetings on behalf of a friend of mine. During a general chat with them, they mentioned that a lot of MBA grads from Schulich/else where in Canada, lands up starting their careers again after MBA. Is it a myth or reality?
_________________

Class of 2019: Mannheim Business School
Class 0f 2020: HHL Leipzig

Kudos [?]: 27 [0], given: 51

Intern
Joined: 25 Sep 2017
Posts: 2

Kudos [?]: 0 [0], given: 1

### Show Tags

30 Sep 2017, 06:26
Pushpitkc:

Are you currently in Canada? Do you speak from experience?

Kudos [?]: 0 [0], given: 1

BSchool Forum Moderator
Joined: 26 Feb 2016
Posts: 1454

Kudos [?]: 594 [0], given: 16

Location: India
WE: Sales (Retail)

### Show Tags

30 Sep 2017, 06:46
Pushpitkc:

Are you currently in Canada? Do you speak from experience?

Nope, I will also be applying this year for the Fall 2018 intake.
But the facts that I gave are what I heard first hand from the
school's representatives at the MBA fair.

I have also spoken to a few of the current students and have a fair
_________________

Stay hungry, Stay foolish

Kudos [?]: 594 [0], given: 16

BSchool Forum Moderator
Joined: 26 Feb 2016
Posts: 1454

Kudos [?]: 594 [0], given: 16

Location: India
WE: Sales (Retail)

### Show Tags

30 Sep 2017, 07:02
AnubhavK wrote:
pushpitkc: I also have an additional point. I believe there are a lot of folks who have the perspective that no matter how many years of experience you have. You land up starting from lower points in the salary ranges when you complete your MBA. I heard a few candidates talking about it and seemed very confident about this thing, which I failed to understand - WHY is that? I met a few folks at an MBA fair recently, attended a couple of meetings on behalf of a friend of mine. During a general chat with them, they mentioned that a lot of MBA grads from Schulich/else where in Canada, lands up starting their careers again after MBA. Is it a myth or reality?

AnubhavK,

Not sure about the lower point - Lower point in dollars, more in rupees maybe!

Also, it isin't always necessary that you will always start at a lower point.
Why are starting salaries lower? I am not an expert, but this is what I think
It is mostly true for people switching job functions. Lets say somebody with 3-4 years of experience in IT,
post MBA is eyeing a different role(lets say in Real Estate) He/She is bound to start with a lower point.
Also, your relevant work experience is measured as experience in Canada(which for most people is negligible)
so that also puts you at a disadvantage when compared to people in Canada.
_________________

Stay hungry, Stay foolish

Kudos [?]: 594 [0], given: 16

BSchool Forum Moderator
Status: Transforming Educational System
Joined: 21 Sep 2016
Posts: 268

Kudos [?]: 89 [0], given: 42

Location: India
Concentration: Nonprofit, Social Entrepreneurship
GMAT 1: 650 Q50 V27
GRE 1: 319 Q170 V149
WE: Education (Non-Profit and Government)

### Show Tags

30 Sep 2017, 08:03
AnubhavK wrote:
pushpitkc: I also have an additional point. I believe there are a lot of folks who have the perspective that no matter how many years of experience you have. You land up starting from lower points in the salary ranges when you complete your MBA. I heard a few candidates talking about it and seemed very confident about this thing, which I failed to understand - WHY is that? I met a few folks at an MBA fair recently, attended a couple of meetings on behalf of a friend of mine. During a general chat with them, they mentioned that a lot of MBA grads from Schulich/else where in Canada, lands up starting their careers again after MBA. Is it a myth or reality?

Its true when you are making a career transition. Even an IT manager who is looking to switch into management consulting will have his start his career as a consultant.
_________________

If you found my post helpful, kindly press "+1 Kudos" to appreciate ..TIA

Kudos [?]: 89 [0], given: 42

Re: Careers in Canada after Top-5 MBA   [#permalink] 30 Sep 2017, 08:03
Display posts from previous: Sort by