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University of Rotman MBA Salary

Sectors, Locations, Opportunities and Career Prospects

university of toronto mba salary

Key Takeaways:

  • The average base salary for Rotman MBA graduates is CAD 115,000.
  • 90% of Rotman MBA graduates secure employment within three months of graduation.
  • The technology sector employs 28% of Rotman graduates, offering an average salary of CAD 120,000.
  • Financial services is the second-largest employer, with 25% of graduates earning an average of CAD 118,000.
  • 35% of Rotman MBA graduates receive signing bonuses, averaging CAD 25,000.

Considering the University of Toronto's Rotman School of Management for your MBA journey? Understanding the potential return on investment is crucial, and a key factor in this equation is the University of Rotman MBA salary prospects. This comprehensive guide explores the salary outcomes for Rotman MBA graduates, providing you with valuable insights into post-graduation earning potential. We'll dive into industry-specific data, job roles, and salary trends to help you make an informed decision about your MBA investment at one of Canada's leading business schools.

Average Salary for Toronto MBA Graduates

The average total salary (inclusive of the base, bonus, and other compensation) is CAD 1,39,966

university of toronto mba salary

The Rotman 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 with 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. 

For detailed analysis of University of Toronto MBA Salary, please refer Full Time MBA Employment and Salary Report.

 Industry-Specific Salaries for Toronto MBA Graduates

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

Please refer Employment at Rotman for detailed description of Rotman MBA Career Statistics.

Functional Salaries for Toronto MBA Graduates

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 MBA colleges 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

Internship Salaries for Toronto MBA Students

The average total salary (inclusive of the base, bonus, and other compensation) is $5,754

university of toronto mba salary

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.

Industry-Wise MBA Salary of Full-time Interns

university of toronto mba salary

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

Function-Wise 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

Top Companies Hiring from Rotman MBA

university of toronto mba salary

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? 

  1. 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.
  2. 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. 
  3. 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:

  1. 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. 
  2. 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 behavior, and competitor strategies to identify opportunities for growth and innovation. 
  3. 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. 

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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.

Know Your Author
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Abhyank Srinet
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Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

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