University of Toronto MBA Placements and Salaries ,,Canada

  • Toronto,Canada

The University of Toronto (U of T) does not offer placements services except for a few programmes. It offers student support services to help interested students in finding a suitable employment position. The Rotman School of Management does not have a co-op programme. However, companies visit the school to recruit for internships, part-time positions, and full-time roles throughout the year. Many Rotman students secure summer placements as well. As per the school’s Employment and Salary Report of 2020-2021, the past year was dynamic as well as challenging, for both the students and teaching staff.

All the data shared below is sourced from the Employment and Salary 2020-2021 report published by the university’s Rotman School of Management.

Rotman School of Management Placements: Overview

The Career Centre of Rotman School of Management went above and beyond to find students and graduates meaningful work. The team immediately transitioned to online service delivery and intensified career support services such as:

  • Launched a Hire a Student LinkedIn Campaign highlighting the 2020 graduates across all programmes.
  • Delivered many industry events such as alumni coffee chats, lunch and learns and industry roundtables to enable graduates to connect and create a network.
  • Expanded job leads beyond traditional career paths and shifted focus on emerging industries including Technology and Healthcare.

As a result, 89% of Full-Time MBA graduates secured employment by the end of 2020. The Master of Management Analytics (MMA) graduates achieved 92% employment, while Master of Financial Risk Management (MFRM) graduates achieved 75% employment.

Rotman School of Management Placements: MBA Class Profile 2020

As discussed above, by the end of 2020, 89% of Full-Time MBA graduates seeking employment were employed. About 72% of Full-Time MBA graduates seeking employment were employed within three months of graduation. The MBA Class of 2020 consisted of 51% international students from 39 countries. The class also included 8 Creative Destruction Lab Fellows, two Reaching Out MBA (ROMBA) Fellows, and 24 Forte Fellows. Here is an in-depth look at the MBA Class of 2020 Profile:

Rotman MBA Class of 2020

Class Size

334

International Students

51%

Women Students

36%

Nationalities Represented

39

Average Age

27 years

Average Work Experience

4.6 years

Average GMAT Score

668

Average Undergraduate GPA

3.5

Of the 300+ students, 32% of them hailed from Engineering/Applied Science academic background, followed by Business/Commerce, Economics, Social Sciences, and Life Sciences. A clear break up of the academic background of MBA graduates of 2020 can be found below:

Rotman MBA Class of 2020-Academic Background

Rotman School of Management Placements: MBA Class Profile 2021

As for the MBA Class of 2021, 96% of Full-Time MBA students seeking an internship completed an internship. The following class profile data is based on the incoming class of 2021 as of August 2019:

Rotman MBA Class of 2021

Class Size

295

International Students

58%

Women Students

42%

Birth Countries

44

Average Age

27 years

Average Work Experience

5 years

Average GMAT Score

669

Average Undergraduate GPA

3.5

Out of the total students, 32% of them hailed from a Business/Commerce academic background, followed by Engineering/Applied Science, Economics, Humanities and Life Sciences. A clear break up of the academic background of the MBA Class of 2021 can be found below:

Rotman MBA Class of 2021 Academic Background

Rotman School of Management Placements: Top Employers

More than 100 companies recruited students from the Rotman School of Management, including MBA, MFRM, and MMA graduates. As part of the Master of Financial Risk Management (MFRM) curriculum, students are required to undertake an Applied Risk Management Project with any employer. This is done to ensure that students engage themselves in a real-life business topic that is relevant and of interest to financial institutions. This nine-week project took place between January and March, where students got the opportunity to work alongside practising risk management professionals. The firms that sponsored these projects were:

  • Bank of Canada
  • Bank of Montreal
  • Canada Life
  • Capital Methods
  • CIBC
  • CPPIB
  • CPQi Canada Ltd
  • EY
  • KPMG
  • Manulife
  • National Bank
  • Ontario Financing Authority
  • Office of the Superintendent for Financial Institutions
  • Ontario Securities Commission
  • Ontario Teachers' Pension Plan
  • OPTrust
  • PwC
  • Royal Bank
  • Scotia Bank
  • Sunlife
  • TD Bank/TD Securities

Similarly, the practicum is a critical component of the Masters of Management Analytics (MMA) program. It is usually an 11-month program that takes place from September to July and allows students to engage with a real-world business problem. Student teams are required to apply model and data-based decision making to an organizational challenge to create an effective managerial and analytical solution to provide value to their Practicum Hosts businesses. The generous hosts for the Class of 2020 were:

  • BMO
  • Canadian Tire
  • Bell
  • CIBC
  • DealerFX
  • HSBC
  • MaRS
  • North York General
  • Sun Life
  • TD
  • Teranet
  • Unilever
  • York

Rotman School of Management MBA Placements: Employment by Industry and Function

As per Rotman’s Employment and Salary Report 2020-2021, the MBA Class of 2020 graduates chose a job industry related to Consulting, Financial Services, Technology, Legal Services, and so on. Around 35.2% of MBA graduates chose the Financial Services industry, followed by 16.9% of MBA graduates choosing Consulting. An elaborate bifurcation by industry and function can be found in the below charts:

Rotman MBA Graduates Job Industry Preference 2020
Rotman MBA Graduates Job Function Preference 2020

Rotman School of Management Placements: Salary and Bonus

The following salary data is based on 78% of employed students of Class of 2020 who reported salary information:

Salary Stats

Amount in CAD

Mean Total Salary (including base, bonus, and other compensation)

112,897

Mean Base Salary

99,201

Median Base Salary

87,000

About 20% of employed students who reported salary information received signing bonuses.

Bonus Stats

Amount in CAD

Mean Signing Bonus

20,829

Median Signing Bonus

15,345

Signing Bonus Range

2,000-87,900

Here is an in-depth look at the salary ranges for Class of 2020 MBA graduates employed full-time across various industries:

Industry

Mean Salary

(in CAD)

Median Salary

(in CAD)

Financial Services

93,784

88,500

Consulting

124,556

106,000

Technology

92,731

92,000

CPG & Retail

80,105

77,500

Other

96,182

88,500

Legal Services

144,092

91,385

Healthcare

87,455

83,000

Real Estate

73,143

75,000

Energy & Natural Resources

91,959

95,000

Entrepreneurship

87,400

87,000

Manufacturing

65,000

65,000

Rotman School of Management Placements: Source of Opportunity/Placement Support

Interested students can connect with Rotman Career Services for internships and employment tools and services. A dedicated team of experienced career professionals help and support Rotman graduates in fulfilling their career objectives. Located in the heart of downtown Toronto, just a few blocks from Canada’s business and financial centre, the Rotman School is ideally positioned to help employers connect with top students.

 

Connect with our experts Shiksha Study Abroad Counselors to know more about your chances of getting into the University of Toronto or Rotman School of Management.

University of Toronto Rotman-School of Management Placements FAQs

Q. How competitive is the Rotman School of Management?

A. Rotman’s Full-Time MBA program attracts top talent from an incredibly diverse range of students around the world. The GMAT usually ranges from 500 to 760, but the average GMAT currently stands as 670.

Q. Can I get into Rotman MBA without work experience?

A. Yes, you can as there is no specific work experience requirement mentioned by the school. However, it is recommended to have at least two years of work experience.

Q. How much do Rotman graduates make?

A. Rotman MBA graduates of 2019 were offered a mean base salary of CAD 99,419. The mean total salary (including bonuses and other compensation) offered to graduates stood at CAD 115,926. The MBA Class of 2019 also received a median signing bonus of CAD 15,000.

Q. How can I get admission to Rotman School of Management?

A. A four-year undergraduate degree from a recognised university with a minimum GPA of 3.0 is required. Apart from this, a GMAT or GRE score is also preferred. English proficiency test scores such as IELTS or TOEFL are compulsory. Other application and documents requirements can be found here: University of Toronto Admission FAQs.

Q. Is Rotman School of Management good?

A. In the 2020 QS Global MBA Rankings, Rotman was placed as the #1 business school in Canada. Check more university rankings here: University of Toronto Rankings.

Want to know your chances of admission in this university?

Location
University CityToronto, Ontario, Canada
Size of cityLarge
Population of City27,31,571
Wikipedia Linkhttps://en.wikipedia.org/wiki/Toronto

Contact Details

Address

27 King's College Circle, Toronto, Ontario M5S 1A1 Canada
Toronto ( Ontario)

Email

graduate.information@utoronto.ca

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