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Financial services remain the most lucrative sector for today’s MBA grads. (Jennifer Roberts for The Globe and Mail)
Financial services remain the most lucrative sector for today’s MBA grads. (Jennifer Roberts for The Globe and Mail)

PAY

What MBA grads can expect in their first paycheques Add to ...

Entry-level salaries for MBA graduates vary widely by industry and even within sectors. Using data collected from Rotman School of Management (Class of 2012), Ivey Business School (2013); Schulich School of Business (2013) and Sauder School of Business (2013), here are some illustrative examples:

Median base salary: $85,000 (Rotman, Ivey)

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Base salary range: $45,120-$170,000 (Rotman); $50,000-$150,000 (Ivey); $45,000-$180,000 (Schulich)

Signing bonus range: $1,000-$45,000 (Rotman, reported by 43 per cent of employed students); $1,000-$20,000 (Ivey, reported by 41 per cent of employed students)

Signing bonus average: $8,617 (Schulich, reported by 25 per cent of students); $6,000 (Sauder).

Base salary range by sector:

Financial services (overall): $45,120-$140,000 (Rotman)

Finance, corporate banking: $75,000-$130,000 (Ivey)

Finance, risk management: $72,000-$98,000 (Schulich)

Consulting: $62,400-$150,000 (Ivey)

Technology: $66,560-$90,000(Rotman)

Health care/pharmaceutical: $65,000-$105,000 (Ivey)

Consumer goods/retail: $52,000-$115,000 (Rotman)

Real estate: $60,000-$98,300 (Schulich)

Not for profit: $45,000-$85,000

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