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University of Toronto Placements: Job Opportunities, Placement Rate, Packages

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Dark Clock Icon Last updated on 11 Oct '24, by Akanksha Malhotra (Study Abroad Expert)

University of Toronto Placement overview

What's new at the University of Toronto for Placements? The University of Toronto has released the employment report for the MBA graduates of the Class of 2023. As per the report, the placement rate of Toronto University MBA graduates is 90% six months after graduation. The median salary of the graduates is CAD 102,000, whereas, the total average starting salary is CAD 140,289 (Around INR 85.6 L). The top industries where the MBA graduates were employed include Financial Services, Legal Services, Consulting, Technology, etc. The hiring companies of the 2023 graduates included Amazon, BCG, Bain & Company, EY, Deloitte, etc. Check the University of Toronto Reviews from here

In the context of ROI, the median salary of MBA graduates is CAD 102,000 (Around INR 62.2 L), whereas, the annual tuition fee for MBA is around INR 43 L. This shows that doing an MBA from Toronto University would lead to a greater ROI. 

University of Toronto Placements 2023 Highlights

81% of Toronto University MBA students seeking employment were employed 3 months after graduation. Note that 41% of the graduates received signing bonuses. Whereas, 51% received bonus and other compensation. Other important highlights of this university's MBA graduates are given below: 

Particulars

Details

UofT placement rate

90% (6 months after graduation)

Average base salary

CAD 123,724 (Around INR 75.5 L)

Median base salary

CAD 102,000 (Around INR 62.2 L)

Top Industries

Financial Services, Consulting, Legal Services, Technology

Most remunerative industry

Legal Services 

Top recruiters

Amazon, KPMG, Bain & Company, Microsoft

Employment Report

Download PDF Here 

Check the Toronto University Acceptance Rate

University of Toronto MBA Class Profile 2023

According to Rotman Full Time enrolment statistics, there were a total of 278 students. Out of which, 154 students were male and the rest were female. Students can check the University of Toronto MBA class profile 2022 below:

Particular

Statistics

Total Students

278

Women

44%

Average Age

25

Average Undergrad GPA

3.6

Average GMAT

678

Average years of work experience

5

Students can also check the list of MBA Colleges in Canada

University of Toronto MBA Top Employers 2023

The top employers who have hired Toronto University MBA graduates are Adobe, BCG, Bain & Company, EY, Gartner, KPMG, etc. Check the table given below to know about this university's MBA top recruiters: 

Top Employers

Accenture Inc. (Canada)

Amazon

Adobe

BCG

Bain & Company

Canada Life

Citi (Canada)

CIBC

Capital One

Cognizant

Deloitte

EY

Fossil Group

Gartner

Kearney

McKinsey & Company

Microsoft

KPMG

Morgan Stanley (Canada)

PepsiCo Canada

Thomson Reuters

TikTok

Tesla

Wipro

Uber

SAP

ScotiaBank

PwC

RBC Financial Group

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University of Toronto Average Salary

The average median base salary of the UofT MBA graduates of the Class of 2023 is CAD 102,000. The salary details are given below: 

Particulars Salary Details 
Average salary (inclusive of base, bonus, and other compensation) CAD 140,289 (Around INR 85.6 L)
Average offer - base salary CAD 123,724 (Around INR 75.5 L)
Median offer - base salary CAD 102,000 (Around INR 62.2 L)
Average signing bonus CAD 21,163 (Around INR 13 L)
Median signing bonus  CAD 19,000 (Around INR 11.6 L)

University of Toronto MBA Placement Stats 2023

As per the University of Toronto MBA employment report 2023-24, the highest number of graduates were hired by the Financial Services and Consulting industry. Check the placement statistics from the table given below: 

Industry

% of MBA Graduates

Financial Services

34%

Consulting

31%

Legal Services

7%

Technology

7%

CPG & Retail

5%

Healthcare

5%

Other

4%

Real Estate / Construction / Infrastructure

2%

Energy & Natural Resources

2%

Manufacturing 

2%

University of Toronto MBA Salary by Industry 2023

The highest salary to the UofT MBA graduates was offered in the industries Legal Services, Technology, Consulting, Energy & Natural Resources, etc. The industry-wise average salary is given below: 

Industries

Average MBA Grad Salary 2023

Financial Services

CAD 107,822 (Around INR 66 L)

Consulting

CAD 147,504 (Around INR 90 L)

Technology

CAD 121,525 (Around INR 74.2 L)

Legal Services

CAD 177,882 (Around INR 1 Cr.)

CPG & Retail

CAD 89,900 (Around INR 55 L)

Healthcare

CAD 86,468 (Around INR 53 L)

Real Estate / Construction / Infrastructure

CAD 85,000 (Around INR 52 L)

Other

CAD 99,562 (Around INR 61 L)

Manufacturing

CAD 119,250 (Around INR 73 L)

Students can check the list of highest-paying jobs in Canada

University of Toronto MBA Salary by Function 2023

Some of the functions in which Toronto University MBA graduates were employed include Consulting, Sales / Marketing, Finance / Accounting, etc. The salary details as per the functions are given below: 

Function

Average MBA Grad Salary 2023

Consulting

CAD 143,241 (Around INR 87.4 L)

Finance / Accounting

CAD 111,733 (Around INR 68.1 L)

Marketing/Sales

CAD 99,421 (Around INR 60.6 L)

General Management

CAD 98,081 (Around INR 60 L)

Operations / Logistics

CAD 105,250 (Around INR 64.2 L)

Other

CAD 114,159 (Around INR 70 L)

Law, Compliance & Advocacy 

CAD 158,174 (Around INR 96.5 L)

University of Toronto MBA Part-time Jobs

Job boards at the University of Toronto post job vacancies for students and graduates. Students need to be aware of this to find better job opportunities in their area of expertise. Check below the Job Boards for advertised jobs:

  • Ontario Public Service Careers hires students each year in a variety of summer positions across the Ontario Public Service.
  • TalentEgg advertises career-related entry-level positions and part-time, and summer positions for students.
  • Workopolis Campus advertises career-related full-time positions and part-time and summer positions for students.

Also read: Part-Time Jobs in Canada for International Students

University of Toronto MBA Internships 2024

Internships are offered to the full-time MBA class at Rotman School of Management. 95% of full-time MBA students seeking an internship completed an internship. The data given before and below has been sourced from the Rotman School of Management Employment and Salary Report for 2023-24. Check the internship statistics from the table given below: 

Particulars

Internship Stats 2024

Internship employment rate

95%

Average Monthly Salary (inclusive of base, bonus, and other compensation)

CAD 6,861 (Around INR 4.18 L)

Average monthly salary

CAD 6,494 (Around INR 4 L)

Median Monthly Salary

CAD 5,170 (Around INR 3.15 L)

Top industries

Financial Services, Consulting, Healthcare, Other

Top function

Consulting, Finance / Accounting, Other, Sales / Marketing

Students can also read about internships and jobs in Canada

University of Toronto MBA Internships Stats by Industry 2023

Students can check the University of Toronto MBA internships stats by function 2023 below:

Popular Industries

Employed Students Salary 2024

Financial Services

CAD 6,121 (Around INR 3.7 L)

Consulting

CAD 10,948 (Around INR 6.6 L)

Other

CAD 5,991 (Around INR  3.6 L)

Healthcare

CAD 3,983 (Around INR 24. L)

CPG & Retail

CAD 5,292 (Around INR 3.2 L)

Government

CAD 3,478 (Around INR 2.1 L)

Technology

CAD 6,364 (Around INR 3.8 L)

Energy & Natural Resources

CAD 4,993 (Around INR 3 L)

Real Estate Construction & Infrastructure

CAD 5,356 (Around INR 3.2 L)

 

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University of Toronto
Average packages & top recruiters 2024

Top Recruiters

American Express
Capital One
Google
Hyundai
Citigroup
IBM
TATA
Deloitte
Procter Gamble
Ernst & Young
pwc
Goldman Sachs

University of Toronto
Students Ratings & Reviews

4.3/5
Verified Icon18 Verified ReviewsInfo Icon
Vibe of Campus
  • Academically oriented
  • Multi-dimensional
  • Stressful
  • Liberal
Student Views
  • 50% students never faced discrimination in this university
Internships4.2
Part time work3.9
Post study jobs4.2
Quality of faculty4.3
Student Life4.1
Value for money4.1
Public transportation4.7
Safety4.4
Indian Food4.4
Permanent Immigration4.4
A
Anurag Pareej Verified Icon
BSc (Hons) in Biology for Health Sciences/ Master of Teaching - Batch of 2028
4.3
The university is great although highly competitive and academic.
Tips: It is a world-class institution, but it is highly competitive. You will have to study a lot to survive. A transition from high school is natural. I am here on a 50% scholarship. You can apply for it. Overall, I am very satisfied with the University of Toronto.
Likes (Safety): I rated the University of Toronto high on safety because I felt safe on campus and in the surrounding areas. I never saw any shootings, and campus police are available at all hours. The university also provides multiple emergency contacts for students. The only potential risk I saw was from homeless people at night, but even then I felt safe.
Dislikes (Part time work): I rated the University of Toronto low on part-time work because campus and off-campus jobs are easily available. However, the university is highly competitive, and most students don't have time for part-time work. Some jobs are even available remotely, such as being a PA or TA, which can pay up to 500 CAD per week or 2000-2400 CAD per month.
Reviewed on 27 Oct 2024Read more
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K
Karishma Punjabi Verified Icon
BSc Hons in Psychology - Batch of 2023
4.3
University of Toronto (Scarborough) - smaller campus, better exposure, better opportunities.
Tips: Getting out of your comfort zone is essential at the beginning of your studies at the University of Toronto. You will need to adapt to the weather and the people, and there will be a cultural shift because there are people from all around the world. Do not shut any experience off. Make connections with faculty members because they will nominate you for scholarships and awards. Overall, since this is a smaller campus, the exposure is great, and the opportunities are tremendous. Build connections and network well. This is the only campus that offers co-ops, so join a co-op programme and get experience while you are studying.
Likes (Student Life): Since I'm on the smaller campus, you get to know everyone. I participated in extracurricular and joined multiple clubs, gaining experience and friendships. It is easy to start with the mentorship programs and then work with a senior mentor to guide you through academic, social and extracurricular on campus.
Dislikes (Post study jobs): You don't need visa sponsorship from your job because you qualify for an open work permit. With psychology, it was easier to get into mental health than psychology but since that was not my area of interest, I added a minor - Statistics and Food Studies. Statistics helped me realize that I want to be a data analyst. It was easier to find jobs in this field.
Reviewed on 10 Oct 2024Read more
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A
AnonymousVerified Icon
MS in Applied Computing in Computer Science - Batch of 2023
3.1
It is a good university.
Tips: It's a good university but if you are more research-oriented then go for US universities. The weather is not great in Canada. If you are person who loves sunlight or going out then say goodbye to both of them. The campus is scattered and in the middle of the city.
Likes (Permanent Immigration): Good chance of getting a PR if you have enough points. You also get a Post Graduation Work Permit once you graduate. It is an open work permit and the duration depends on the length of the programme.
Dislikes (Value for money): It's okay but not a great programme. They charge too much for the courses they are offering. It is good that there is an internship at the end of the programme otherwise it would have taken a lot of time to repay the loan.
Reviewed on 26 Dec 2023Read more
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A
AnonymousVerified Icon
MSc Applied Computing in Artificial Intelligence - Batch of 2022
4.3
Good campus, great internship support from the college and a great city.
Tips: Canada is very welcoming. I did not experience a cultural shift because I have lived abroad before. I did apply for a scholarship but unfortunately could not get the scholarship but I know many people who got one. The course is good for quickly getting Canadian working experience. It is however not the best course if you want a classroom experience because you only take 4-5 classes a week.
Reviewed on 11 Jun 2024Read more
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V
Vignesh Edithal Verified Icon
MSc Applied Computing in Artificial Intelligence - Batch of 2023
4.8
Hardworking and friendly folks
Tips: UofT provides you with tremendous opportunity to boost your career. Alumni are friendly. You can participate in a plethora of activities with students from other departments. There are not many scholarships available at Master's level but a lot for Ph.D.
Likes (Student Life): UofT campus is always buzzing with activities and events. It is easy to find a peer group and have some fun while learning new skills. During orientation you will get an opportunity to enroll in a vast array of clubs. There is always free food at some or the other event on the campus where you can make friends.
Dislikes (Part time work): All upcoming students get an option to apply for Teaching Assistantship roles. Moreover, students can connect with faculty members for Research Assistantship roles. Alumni is very friendly, you can reach out to them for part time roles in the industry.
Reviewed on 30 Jan 2024Read more
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R
Raghav Kumar Prasad Verified Icon
Bachelor of Applied Science in Computer Engineering - Batch of 2027
3.9
Great, academically oriented university to study from but expensive.
Tips: In the beginning, you would feel a big cultural shock as the place and its education are quite different from that in India. But, you would find many people from India and all around the world who are willing to talk, know about you and share their experiences. However, once the years progress you will feel a sense of competition which is a good thing, as everyone becomes more aware and concerned about their future. Also, the university provides us opportunities to experience and learn about several different fields and sub-fields of study in the giant universe of ECE, where each sub-field could have a different career path. The university also has resources like ECC and others to help you prepare for the jobs, but securing a job is quite difficult in my field of study, especially at this economic phase. Regarding the scholarships, I didn't receive any and many of my international friends didn't either. Most scholarships require you to be a Canadian citizen or PR but there are exceptions and few international students do get the scholarships. Overall, I am quite satisfied with my university, course and country.
Likes (Quality of faculty): I think the faculty is quite easy to access and approach and is highly knowledgeable in their concepts and field of study. There is more focus on hands-on learning through practicals than most other colleges though the weightage of it towards the overall course grade is usually few, they prefer to put more weightage towards written exams. In terms of diversity, you would find teaching faculty coming from all around the globe, China, Egypt, India, Pakistan, Switzerland, and so many others.
Dislikes (Part time work): I think it is easy to find a part-time job in this area but doing a part-time job while studying is quite difficult for an undergrad ECE student at UofT. Most technical courses are workload-heavy with several lengthy assignments which spare little to no free time. Maybe for Masters, the picture would be different.
Reviewed on 4 Sep 2024Read more
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University of Toronto Placement FAQs

Q:   Which companies are the top employers of MBA graduates of University of Toronto?

A: 

Here is the list of the top recruiting companies of Toronto University MBA graduates: 

Top Employers

Accenture Inc. (Canada)

Amazon

Adobe

Citi (Canada)

CIBC

Capital One

BCG

Bain & Company

Canada Life

Fossil Group

Gartner

Kearney

Cognizant

Deloitte

EY

Morgan Stanley (Canada)

PepsiCo Canada

Thomson Reuters

McKinsey & Company

Microsoft

KPMG

Uber

SAP

ScotiaBank

TikTok

Tesla

Wipro

PwC

RBC Financial Group

Shopify

Q:   What is the average monthly stipend of MBA interns of University of Toronto?

A: 

95% of full-time MBA students seeking an internship completed an internship (Class of 2024). 68% of the internships offers were school-facilitated and 21% is student-facilitated. Some of the industries where students seeked internship are Financial Services, Consulting, Healthcare, CPG & Retail, etc. The average monthly salary of the internship seeking studens is CAD 6,494 (Around INR 4 L). 

Q:   What are the various industries where MBA graduates of Toronto University are working?

A: 

Toronto University MBA graduates was offered jobs in the industries Technology, Legal Services, Consulting, Energy & Natural Resources, etc. The industry-wise average salary can be checked from the table given below: 

Industries

Average MBA Grad Salary 2023

Financial Services

CAD 107,822 (Around INR 66 L)

Consulting

CAD 147,504 (Around INR 90 L)

Technology

CAD 121,525 (Around INR 74.1 L)

Legal Services

CAD 177,882 (Around INR 1 Cr.)

CPG & Retail

CAD 89,900 (Around INR 55 L)

Healthcare

CAD 86,468 (Around INR 53 L)

Real Estate / Construction / Infrastructure

CAD 85,000 (Around INR 52 L)

Other

CAD 99,562 (Around INR 61 L)

Manufacturing

CAD 119,250 (Around INR 73 L)

Q:   What is the job placement rate for the University of Toronto?

A: 

Many MBA graduates get job offers every year through the University of Toronto placements. Top employers such as Amazon, Deloitte, EY, KPMG, BCG, etc. The University of Toronto placement rate for the MBA Class of 2023 graduates is 90% within 6 months after graduation. The average base / starting salary is CAD 123,724 and the median base salary is CAD 102,000. A few of the top industries where the graduates were hired include Financial Services, Consulting, Legal Services, Technology, etc. 

qna

University of Toronto

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 5 months ago

Some of the top organizations where University of Toronto alumni members have been placed are given as follows:

  • University Health Network 
  • Scotiabank 
  • City of Toronto 
  • Deloitte 
  • Google 
  • IBM 
  • McMaster University 
  • Microsoft 

51812419
Tasneem Hoda

Contributor-Level 10

Answered 5 months ago

The University of Toronto MBA graduates job offers from Google and other top employers across the world. Around 1,000 MBA graduates get job from Google. Mentioned below are the top employers at Toronto University including Google:

Toronto Top Employers

43308123
Chandra Shekhar

Contributor-Level 10

Answered 5 months ago

The University of Toronto placement rate is 96% for full-time MBA graduates. Rotman School of Management placements provide better career options to graduates. Around 97 percent of our Full-Time MBA graduates secured employment within six months of graduation in the 2021-22 academic year. Mentioned

...more

43308123
Chandra Shekhar

Contributor-Level 10

Answered 8 months ago

York University and the University of Toronto are among the top choices to study in Canada for international students. In term of placements, the University of Toronto placement rate was 97% in 2022-23, which is higher than York University placement rate. Applicants can check the table below for mor

...more

43308123
Chandra Shekhar

Contributor-Level 10

Answered 10 months ago

Yes, to get into the University of Toronto MBA course, students must have a minimum of two years of full-time work experience. The university recommends students to use an MBA format to draft their resume. For this, students can download the resume format specified by the University of Toronto.

53480137
sneha

Contributor-Level 10

About the author

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Akanksha Malhotra

Study Abroad Expert

Akanksha Malhotra is a Content Writer / Editor at Shiksha.com's Study Abroad vertical, creating content for University pages. She is a seasoned education writer with 5+ years of experience, including writing articles for all-India and state levels, r...Read Full Bio

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