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)
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