Global Reach. Innovative Programs. Diverse Perspectives.
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Career Development Centre Schulich School of Business MBA/IMBA 2019 Employment Report
Renuga Navaratnarajah (IMBA ’19) Pricing Specialist, Acquisition Pricing Strategy Bell Canada Congratulations on graduating from the Schulich School of Business!
With the rigourous education and training you have received, yours is a future of endless possibility and potential.
TABLE OF CONTENTS
1 Recruiting at Schulich 2 Compensation by Industry 2 Class of 2019 at a Glance 3 Compensation by Function 4 Companies Recruiting at Schulich 8 Meet the Career Development Centre Team Recruiting at Schulich
“ We work to understand your needs and help you develop strategies to make sure you stand out in an increasingly competitive marketplace.”
The Career Development Centre is here to help you find the right fit with the right company or organization. In the past year we have gone through some restructuring to better align our core services with Schulich’s extensive range of MBA specializations and programs and to better service the career objectives of our students and newest graduates. The good news is Schulich graduates continue to thrive in today’s increasingly competitive job market due to diverse perspectives, innovative programs and global reach of Canada’s preeminent business school.
Robert Hines, JD Executive Director, Career Development Centre, Schulich School of Business
CLASS OF 2019 CLASS OF 2019 EMPLOYMENT BY INDUSTRY GRADUATE EMPLOYMENT AT A GLANCE
Financial Services (22%) of students were Technology / Telecomm (17%) Consulting (15%) hired within 3 months CPG / Marketing (8%) 89% of graduation Manufacturing (7%) Real Estate / Infrastructure (7%) Retail (6%) of students Healthcare (5%) participated in Government / Non Profit (4%) the survey Energy / Mining (3%) 93% Logistics (3%) Law (2%) * Other (1%) $93,100 Average salary (includes base salary and CLASS OF 2019 other guaranteed compensation) EMPLOYMENT BY FUNCTION
$13,800**
Finance & Accounting (26%) Average signing bonus Marketing/Sales (19%) 155 Consulting (19%) Number of companies General Management (13%) $48,000 – Other (1%) that hired Schulich Operations (12%) $240,000 MBA / IMBA students Information Technology (10%) Salary range
These results are for full-time graduate-level students only and do not include part-time MBAs, EMBA, other Master level programs and signing bonuses. * For those who reported salary numbers. ** For those who reported signing bonus.
Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 1 Compensation by Industry
INDUSTRY SALARY ($)
Average Minimum Maximum Median
FINANCIAL SERVICES 87,745 70,000 120,000 90,000
CONSULTING 97,004 48,000 140,000 100,000
CPG / MARKETING 89,246 72,000 112,500 90,000
HEALTHCARE 86,500 65,000 106,000 85,000
MANUFACTURING 98,000 75,000 140,000 90,000
REAL ESTATE / INFRASTRUCTURE 81,075 65,000 105,000 80,000
TECHNOLOGY / TELECOMM 90,582 64,000 130,000 90,000
RETAIL 81,085 54,000 95,000 85,000
GOVERNMENT / NON PROFIT 82,570 65,000 103,000 85,000
ENERGY / MINING 95,600 – – –
LOGISTICS / TRANSPORTATION 95,025 68,000 110,000 89,000
LAW 95,000 75,000 254,000 97,000
OTHER 108,000 85,000 140,000 101,000
Dash (-) represents insufficient data points.
Class of 2019 at a Glance
MBA STUDENT Average Age 30 UNDERGRADUATE DEGREE BACKGROUNDS Average Years of Work Experience 5
Average GMAT 670
GMAT Range 550-750
Engineering / Math / Science (45%) Average GPA Business /Economics (33%) 6.4 Humanities / Social Sciences (15%) Graduating Class Size Other (7%) 420
Male Students 60%
Female Students 40%
2 Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 Compensation by Function
FUNCTION SALARY ($)
Average Minimum Maximum Median
FINANCE & ACCOUNTING Capital Markets / Investment Banking 130,125 71,500 254,000 97,500 Corporate Finance 103,833 80,000 140,000 100,000 Leadership Programs 89,698 78,000 107,500 89,800 Risk Management – – – – Retail / Commercial Banking 83,656 70,000 99,250 84,000 Portfolio Management 91,625 80,500 100,000 93,000 Financial Analyst 82,583 70,000 98,500 81,000 Total 94,218 70,000 254,000 90,000
CONSULTING Strategy/ Management Consulting 95,906 70,000 140,000 96,500 Technology Consulting 95,300 48,000 115,000 100,000 Internal Consulting 89,545 70,000 120,000 86,000 Total 93,851 48,000 140,000 95,000
MARKETING /SALES Brand / Product Management 88,750 75,000 110,000 85,000 Other Marketing 88,929 65,000 112,500 90,000 Sales/ Business Development 87,800 70,000 130,000 90,000 Total 88,313 65,000 130,000 87,500
GENERAL MANAGEMENT 87,164 54,000 120,000 90,000
INFORMATION TECHNOLOGY 85,800 75,000 100,000 85,600
OPERATIONS 96,545 65,000 130,000 100,000
OTHER 92,143 64,000 200,000 72,500
Dash (-) represents insufficient data points.
Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 3 Companies Recruiting at Schulich
A Bista Solutions CIBC E A.U.G. Signals Ltd. BlackBerry Clik.ai Economical Insurance Abbott Blake, Cassels & Graydon LLP CMHC Egon Zehnder International Inc. Accenture Canada Blanc Labs CMiC Elevate ACE POS Solutions Ltd. Blu Ivy Group Code for Canada Eli Lilly Canada Inc. ACS Group Blue Link Coherent Path Epic Investment Services ACS Infrastructure Canada BMO Capital Markets Conexsus Inc. Equitable Bank ADP Canada BMO Financial Group ContactMonkey Ernst & Young LLP Agentis Capital BMW Cornerstone Capabilities Inc. ETC Group Alberta Energy Regulator Borden Ladner Gervais Corporate Consultants ETG Commodities Inc. Allianz Partners Borrowell CoStar Euclid Transactional Alta Corp Capital Brevitas Consulting Inc. CTG Brands Inc. Export Development Canada Amazon British American Tobacco CTO Boost (EDC) Ambac Assurance Corporation British Columbia Investment Culture Link American Express Management Corporation Currency Exchange International F Brookfield Asset Management Amfetlec Corp FGF Brands Anson Funds D Ficanex Aon Canada C Day & Ross Transportation Fidelity Investments Apotex Inc. CAA Group Fieldgate Commercial Artcite Inc. Cadillac Fairview Day Communications Fire Safety Solutions Canada Ltd. Artistic Skylight Domes Corporation Ltd. DCR Strategies Fog Software Asian Development Bank California Innovations Deloitte Foodora Atrium Mortgage Investment Call Engine Deloitte Consulting Foster Moore Corporation Cameron Stephens Mortgage Densify Foundation Markets Inc. Aurora Cannabis Inc. Capital Ltd. Dentalcorp Canada Fujifilm Autotrader.ca Canada Pension Plan Dentons Fulcrum Technology Holdings Investment Board Dept.9 Studios Fusion Analytics B Canada Post Desjardins Financial Security BaAM Productions Canada Post Pension Plan Desjardins Securities Inc. G Canadian Tire Corporation, deutraMed Bank of Canada – Banque du G A Paper International Limited DI Squared Services Canada Gardiner Museum Capital One Services Dilawri Group of Companies BAYER Healthcare Gemic Castlepoint Numa DRA Global BCG General Electric Company CEL Consulting Dream Maker BD Canada General Mills Canada Central 1 Driven Brands Canada BDO Canada LLP Corporation CentreCourt Droplet Lab Beelogix General Starlight Company Inc. Channel 1 Media Solutions DUKE Heights Bell Canada George Weston Limited CHEP Canada Ltd. Bennett Jones Globotech Inc. Christian Children’s Fund Bereskin & Parr LLP Good & Well of Canada Bison Transport Goodmans LLP
4 Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 Google H I J Government of Canada H H Angus & Associates IBM Canada Ltd. Jan K Overweel Limited Gowlings Heart and Stroke Foundation iDriveCareer Human Resources Janssen Pharmaceuticals Canada Graham Capital Partners LP Heliolytics Consulting Canada Limited (Johnson and Johnson) Grand Challenges Canada HelloFresh IMG Events Jarislowsky Fraser Grant Thornton LLP Hershey Canada Inc. Imperial Oil Johnson & Johnson Inc. Gravitas Financial Inc. High 12 Indigenous Friends Joydrop/Mikutech Great American Insurance Group Hines Infrastructure Ontario JTE Claims Consultants Green Court Capital HollisWealth Interwork Technologies Inc. Management Home Depot Invesco K Greenrock Hubba Investment Management Kensington Capital Partners Greystone Managed HYDRO ONE Corporation of Ontario Limited Investments Inc. Hyundai Capital Canada (IMCO) Kensington Health Grupo Bimbo (Canada Bread IQRoot Technologies Klick Consulting Company Limited) IQVIA KPMG Gryphon Advisors Inc. ISM Canada KPMG Advisory Services GSK Ivanhoe Capital Corporation
“The Schulich MBA provided me with a platform to explore new career opportunities, inspire personal growth and reach my full potential.”
Henry Le (MBA ’19) Associate, Leadership Development Program – Finance, RBC
Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 5 Companies Recruiting at Schulich (continued)
L Minto Group P Rothmans, Benson & Hedges L3Harris Mondelez Canada Pacific Services Canada Ltd. Inc. leaDUP Consulting Morgan Stanley Canada Pala Investments Limited Royal Bank of Canada League Limited Parkland Fuel Corporation Royer Thompson Left Lane Associates Morguard Investments Paul, Weiss, Rifkind, Wharton RSM Canada LLP Letko Brosseau & Associates Limited & Garrison LLP Russell Reynolds Associates LEVEL5 Strategy Group Morningstar Peak Power Inc. Liberty International Mount Sinai Hospital Peerage Capital S Underwriters, a division of Munich Re Penske SAS Institute (Canada) Inc. the liberty Mutual Insurance myBlueprint PepsiCo Foods Canada Schedulock Company Myplanet Pfizer Inc. Schulich School of Business LifeLabs Philip Morris International Scotiabank Lightspeed HQ N Porsche Cars Canada Searchkings Lipton Chartered Accountants National Bank of Canada PortfolioAid Setter Capital Inc. Loblaw Companies Limited National Investment Banking Postmedia SGGG Fund Services Inc. L’Oréal Canada Competition President Choice Financial Shearman & Sterling LLP Nestle Canada Inc. Procter & Gamble Inc. Shift M Nielsen ProcurePro Consulting ShiftRight.ca Macritchie Nissan Canada Inc. PTPA Media Inc. Shoppers Drug Mart Limited Mandala Group NMG Consulting PW Portfolio Analytics (Fintech) Siemens Canada Manulife Financial Node App PwC Canada Silicon Valley Bank Maple Leaf Sports & NXM Labs Simpli Home Entertainment Ltd. Q Skadden, Arps S, M & Flom MaRS Discovery District O Qoherent Skjodt-Barrett Foods Inc. Martin Brower Odyssey3D Inc. Quad-Fi SLP LLP Marts & Lundy OneEleven Inc. QuadReal Property Group Sobeys MCIS Language Solutions Ontario Bioscience Innovation Quarterback Transportation Softchoice McMillan LLP Organization Quarterhill SoulRooms Medcan Ontario Power Generation Specialisterne Canada Mediacom Canada Ontario Public Service R Sprott Capital Partners Steelcraft MediSeen Ontario Teachers Insurance Plan Rally Assets Stella’s Place MegaResistors (OTIP) RBC Capital Markets Strategic Insight Merchant Broker Ontario Teachers’ Pension Plan Region Municipality of York StrategyCorp Metrie Ontario Telemedicine Network Restaurant Brands International Strikeman Elliot Microsoft Optimus | SBR (Tim Hortons) SuccessMap Consulting Group Ministry of Economic Oracle Corporation Revenue Management Labs SuMO IT Solutions Inc. Development, Job Creation, Osler, Hoskin & Harcourt LLP Reynolds & Reynolds Sun Life Financial and Trade Oxford Properties Group & RioCan Management Inc. Sustainalytics Ministry of the Attorney OMERS Ventures Roadmunk Symbio Generrics India General, Government of Rogers Communications Inc. Synnex Canada Ontario Rosenberg Smith & Partners LLP Syntegrity
6 Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 T The Kraft Heinz Company U W Talize The Martin Brower Company Ulto Property Group Inc. Wajax Tanks A Lot The Mirillion Group UPS Canada Ltd. Walmart Canada Tata Consultancy Services The Siroky Group Inc. Wasserman Limited (TCS) Theatre Gargantua V Weston Foods Canada TimeSaved TD Bank Group Vale WestSpark Inc. TJX Companies Inc. TD Canada Trust Value for Women Winnermax Capital Inc. TMIO TD Securities Venture for Canada World Bank Group Top Hat TechBlocks Inc. Vertex Pharmaceuticals, Inc. WSIB Toronto Transit Commission Telna Viewpoint Leadership Inc. WSP Torys TELUS Communications Inc. Vintex TouchBistro Tendril Vinzan International Inc. Y Town of Aurora The Boston Consulting Group Vision Critical Yardi Trajectory Inc. The Brookfield Institute for Volaris Group York Region Trans-Plan Innovation + Entrepreneurship York University The Cedar Portfolio Treasury Board of Canada Secretariat (TBS) The Corporation of the City of Z Brampton Tucows Zahra Properties The Daniels Corporation Twitter The Hospital for Sick Children
“During my Schulich MBA I learned how to manage and lead change from industry leaders and colleagues with diverse backgrounds, setting me on my path to success.”
Gourismita Acharya (MBA ’19) Project Manager Shoppers Drug Mart Specialty Health Network
Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 7 Meet the Career Development Centre Team
WE BRING EXPERTISE FROM MANY DIFFERENT INDUSTRIES OUR ADVISORS TO OUR WORK AT THE CAREER DEVELOPMENT CENTRE: AVERAGE MORE THAN: Accounting Consulting Retail & Sales Banking & Finance Entrepreneurship Technology 12 years Consumer Health Care experience Packaged Goods
TEAM LEADERSHIP
Robert Hines, JD Minoo Bhutani, Phanindra Deonandan, Executive Director MBA, ACC MPA, ACC Director Associate Director, Student Engagement
Mark Freedman, MBA Manager, Industry Advising
CORPORATE RELATIONS
Diana Caradonna, Emma Darmody, BA Michael Haynes, BA BHRM, ACC Recruitment Corporate Relations Corporate Relations Coordinator Specialist Specialist
Elana Markus, BBA Swati Sharma, BCom Michelle Steiner, Corporate Relations Recruitment BA, B.Ed. Specialist Coordinator Business Relations Coordinator Digital Communications and Corporate Events
8 Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 CAREER ADVISING
Chris Carder Judy Chong, BA, CHRL Darren Farmar Career Advisor Career Coach Career Advisor Entrepreneurship Consumer Packaged Goods & Retail
Amir Khan, BA, ACC Darren Lafreniere Rose Lucibello, BA Career Advisor Career Advisor Events & Healthcare & Manufacturing Consulting Communications Coordinator (Maternity Leave)
Michael Nadal, ACC Sybil Massey, BA Christopher Symonds, Career Advisor Operations Lead, BA, CMF Banking Business Process Career Coach
Michelle Trieu Bonnie Wong, Career Centre Assistant BCom, CHRL, ACC Career Advisor Technology & Telecom
Schulich School of Business Career Development Centre MBA/IMBA Employment and Salary Report 2019 9 Global Reach. Innovative Programs. Diverse Perspectives.
CONTACT US
Career Development Centre Schulich School of Business, York University Richard E. Waugh Suite, N202 4700 Keele Street, Toronto, Ontario Canada M3J 1P3 (416) 736-5080
Students: [email protected] Employers: [email protected] schulich.yorku.ca/careerportal