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Attention MBA aspirants and current students! Delve into the dynamic realm of career prospects awaiting graduates from the esteemed Rotman School of Management at the University of Toronto. Nestled in the vibrant landscape of Toronto, Canada's financial capital, Rotman offers a gateway to diverse opportunities across sectors. Explore the average salaries, sector-wise trends, and top recruiters eagerly seeking Rotman talent. Whether your passion lies in consulting, finance, marketing, or beyond, our comprehensive guide empowers you to navigate the path to a rewarding and lucrative career. Embark on this journey with us and unlock the doors to a world of endless potential and opportunity.
What's the Average Graduate University of Toronto MBA Salary?
The average total salary (inclusive of the base, bonus, and other compensation) is $1,39,966 CAD
The University of Toronto's Rotman School of Management is renowned for its rigorous MBA program, which prepares students for successful careers in various industries. The school's location in Toronto, Canada's largest city and financial capital, provides students many opportunities to connect with leading companies and organizations. According to the official Rotman website, the average total salary for graduates is around $123,438, with an average signing bonus of $18,291. This reflects the strong demand for Rotman MBA graduates, highly sought after by top employers in Canada and worldwide.
Explore the Industry-Wise Trends of the Full-Time University of Toronto MBA Salary
Rotman School of Management MBA is highly coveted by employers in a wide array of industries. Its prestigious reputation and rigorous curriculum equip students with the necessary tools for success across areas from finance to media-related fields. Take a glance at the sectoral average graduate University Of Toronto MBA Salary:
| Industry | % Employed | Average | 25th Percentile | 75th Percentile |
|---|---|---|---|---|
| Financial Services | 31.7% | $97,236 | $80,000 | $100,000 |
| Consulting | 24.4% | $113,694 | $90,000 | $128,750 |
| Technology | 11.2% | $102,803 | $84,000 | $119,500 |
| Other | 10.2% | $101,067 | $80,000 | $119,000 |
| Legal Services | 9.8% | $131,816 | $88,400 | $199,830 |
| CPG & Retail | 5.9% | $95,733 | $78,450 | $96,000 |
| Healthcare | 4.9% | $86,538 | $80,844 | $85,750 |
| Real Estate | 2.0% | $76,250 | $76,250 | $80,000 |
Analyze the Function-Wise Trends of the Full-Time University of Toronto MBA salary
While the above section helps you understand the industry-wise trends of Rotman salaries, the information below sheds light on salaries by function. The top five sectors are consulting, finance/accounting, marketing/sales, legal services, and general management. Read further to understand the salaries of MBA graduates and the top recruiters at Rotman, one of the best schools in Canada.
| Function | % Employed | Average | 25th Percentile | 75th Percentile |
|---|---|---|---|---|
| Accounting/Finance | 24.9% | $101,497 | $80,000 | $112,500 |
| Strategy | 21.5% | $116,048 | $90,000 | $140,000 |
| Other | 16.1% | $95,370 | $78,000 | $98,420 |
| Marketing/Sales | 14.1% | $96,416 | $80,000 | $103,000 |
| Legal Services | 9.8% | $131,816 | $88,400 | $199,830 |
| Operations | 6.8% | $96,314 | $76,250 | $116,250 |
| General Management | 5.4% | $87,909 | $83,000 | $90,500 |
| Business Design | 1.5% | $90,000 | $85,000 | $95,000 |
What is the University of Toronto MBA Salary Range for Full-Time Internships?
The average total salary (inclusive of the base, bonus, and other compensation) is $5,754
The University of Toronto offers a competitive salary range for full-time MBA internships, with an average monthly salary of $5,754 and a median monthly salary of $5,500, according to the Employment & Salary Report 2021–22. The salary range for full-time MBA internships varies significantly, reflecting the diverse opportunities available to students across various industries and functions. Reports suggest that 97% of full-time MBA graduates secured internships. Further information is given below.
Explore the Industry-Wise University of Toronto MBA Salary of Full-time Interns
Discovering the world of full-time MBA internships at the University of Toronto reveals a rich tapestry of earning potential across different industries. From finance to technology, each sector presents unique earning prospects, shaping the dynamic landscape of MBA internships at this esteemed institution.
| Industry | % Employed | Average | 25th Percentile | 75th Percentile |
|---|---|---|---|---|
| Financial Services | 42% | $5,444 | $4,078 | $5,833 |
| Consulting | 13% | $9,310 | $4,408 | $13,763 |
| Healthcare | 11% | $3,539 | $3,025 | $4,025 |
| CPG & Retail | 6% | $5,638 | $4,850 | $5,725 |
| Government | 6% | $3,159 | $2,558 | $3,600 |
| Technology | 6% | $5,845 | $4,635 | $7,000 |
| Other | 4% | $4,669 | $3,469 | $4,908 |
| Entrepreneurship | 3% | $4,163 | $3,880 | $4,725 |
| Real Estate | 3% | $4,333 | $4,050 | $4,850 |
| Energy & NR | 2% | $5,049 | $4,343 | $5,868 |
| Non-Profit | 2% | $4,100 | $2,750 | $4,900 |
Explore the Function-Wise University of Toronto MBA Salary of Full-time Interns
This section will help you understand how much a Toronto intern receives, function-wise. Below, you can find the top 5 sectors and the salaries they provide to their employees.
| Function | % Employed | Average | 25th Percentile | 75th Percentile |
|---|---|---|---|---|
| Accounting/Finance | 33% | $5,528 | $4,069 | $5,959 |
| Marketing/Sales | 22% | $4,706 | $3,539 | $5,185 |
| Other | 21% | $4,810 | $3,075 | $5,560 |
| Strategy | 15% | $8,041 | $4,250 | $12,750 |
| General Management | 5% | $4,602 | $3,200 | $5,440 |
| Business Design | 2% | $3,752 | $3,563 | $4,067 |
| Operations | 2% | $5,569 | $3,900 | $6,795 |
Which are the top sectors and companies that recruit Toronto MBA graduates?
From the above contents, you now know the salary a Toronto MBA graduate gets. Now, why don't you see the top 3 firms and sectors that hire these graduates?
- Goldman Sachs: A leading global investment banking, securities, and investment management firm, Goldman Sachs offers various career opportunities in finance and accounting. Rotman MBA graduates are highly valued for their analytical skills and financial expertise.
- J.P. Morgan: As one of the oldest financial institutions in the world, J.P. Morgan offers a variety of career paths in finance and accounting. Rotman MBA graduates are sought after for their strategic thinking and financial acumen.
- Morgan Stanley: A global financial services firm, Morgan Stanley provides careers in investment banking, sales and trading, wealth management, and investment management. Rotman MBA graduates are recruited for their strong analytical skills and business insights.
Top Marketing Firms that Hire Toronto MBA Graduates
The top 5 marketing companies that provide jobs to Rotman MBA graduates are:
- Amazon: The duties of Rotman MBA graduates at Amazon include working on significant projects in a startup environment, leveraging their strong analytical skills, and taking ownership of their work. Graduates are involved in pioneering initiatives such as launching new services like one-hour delivery and defining and enhancing customer experiences.
- Facebook: Toronto MBA graduates at Facebook would implement marketing strategies to promote Facebook's products and services effectively. They would also analyze market trends, consumer behaviour, and competitor strategies to identify opportunities for growth and innovation.
- Johnson & Johnson: Joining Johnson & Johnson allows graduates to work on marketing campaigns for a range of products and contribute to the company's growth. Through innovative marketing campaigns, they also play a crucial role in driving brand awareness, market positioning, and customer engagement.
These are some of the firms that provide job opportunities to Toronto MBA graduates. The recruitment criteria are easily available on the university website. You can refer to them or even visit a better education consultancy.
Conclusion
In conclusion, pursuing an MBA at the University of Toronto's Rotman School of Management opens doors to a world of promising opportunities and lucrative career paths. The comprehensive analysis of salary trends across various sectors reveals the program's effectiveness in preparing graduates for success in diverse industries. With top-tier companies actively seeking out Rotman MBA alumni, it's clear that this program provides the skills and knowledge necessary to thrive in today's dynamic business environment. Whether your aspirations lie in consulting, finance, marketing, or beyond, Rotman equips you with the tools to excel and achieve your professional goals. So, as you embark on your Rotman MBA journey, rest assured that you're on the path to a rewarding and prosperous career.
