Careers in Canada after Top-5 MBA

Question

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?

vivek6199 · Answer

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.

pushpitkc · Answer

Hi ahmadkhanlodi , I think to answer the answer to that questions depends on where the typical MBA graduate 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

AnubhavK · Answer

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?

ahmadkhanlodi · Answer

Pushpitkc:

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

pushpitkc · Answer

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
idea about whats happening at the Canadian Schools.

pushpitkc · Answer

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.

vivek6199 · Answer

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.

Careers in Canada after Top-5 MBA

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