Average Salary after Master’s Degree in Canada

average salary after ms in canada

Canada has a thriving economy with a soaring job market for master’s degree holders in Canada. The country has seen a huge boost in technology, which has produced a decent number of jobs in multinationals. A master’s degree in Technology, Computer Science, Data Science, Medicine, Infrastructure, Law, and Business Management from Canada will give students an upper hand in building a high-level international career. 

Canada is always a promising market for Tech graduates, especially in Computer Science, Data, Medicine, and Information Technology. Demand for skilled professionals has increased in almost all streams of Engineering, Medical, Business Management, Law, and Operations attaining the top spots.

Top Masters Courses in Canada

Doing a master’s in Canada can be very useful for your professional career as they have well-equipped faculty and resources. 

Some of the top master’s courses to opt for are: 

  • Master of Science in Computer Science
  • Master of Business Administration
  • Master of Science in Orthodontics
  • Master of Science in Periodontics
  • Master of Science in Prosthodontics
  • Master of Science in Dentistry
  • Master of Management in Artificial Intelligence
  • Masters in Data Science and Artificial Intelligence 
  • Master of Science in Data Science and Analytics
  • MSc in Psychology
  • MSc Environmental Science
  • MSc in Food Science
  • MSc in Chemistry

Top Organizations to Work For After Masters in Canada

Top organizations that offer jobs to masters’ graduates in Canada are as follows:

  • Amazon
  • Deloitte
  • IBM
  • Ericsson
  • WSP
  • SAP
  • HSBC
  • RBC
  • McCarthy Tetrault
  • Clyde & Co.
  • Goldmans Sachs
  • Hospitals
  • Labs

Top Universities for Masters in Canada

Universities in Canada that offer best-in-class education are listed below according to the QS University Global Ranking 2023.

QS Global Ranking Universities
31 McGill University
=32 University of Toronto
47 University of British Columbia
110 University of Alberta
116 University of Montreal
152 McMaster University
154 University of Waterloo
=172 Western University
=237 University of Ottawa
242 University of Calgary

Read More: Job opportunities after MS in Canada

List of job opportunities after Masters in Canada

Masters in Canada offers some of the most lucrative career options, with varied specializations and fields. Masters from Canada makes students ready for a host of job roles, including Information Technology Specialists, Lawyers, HealthCare professionals, Surgeons, Engineers, Computer Science Researchers, Data Scientists, Business Analytics, Developers, Software Engineers, etc. 

Since it changes so much depending on your individual interests, skills, and ambitions, it can be difficult to describe what the best work profile is. But if you compare jobs based on average compensation, job growth, and prospects for the future, you can find a comprehensive list. 

Here’s the list of top paying jobs one can seek after completion of Masters in Canada.

  • Certified Nurse Practitioner
  • Dentist/Orthodontist
  • Physician/Doctor
  • Utilities Manager
  • Software Engineering Manager
  • Scientific Research Manager
  • Public Administration Director
  • Construction Manager
  • Pharmacist
  • Lawyer

Important Resources About Canada to Read:

Top-paying job opportunities with average salary after Masters in Canada

Software Engineering Manager

Developing and creating software programs or applications are overseen by software engineering managers. Additionally, a Software Engineering Manager will serve as a point of contact for several departments to ensure that the application requirements are satisfied. The technical knowledge of programs is essential for software engineering managers, but they must also be able to convey them to other company executives concisely.

Software Architect

Designers of software program components are known as software architects. The coding standards of any program being built are crucial for decision-making at a high level, and software architects play a vital role in this. To ensure that software products satisfy operational needs, a software architect will also collaborate with company management.

Data Scientist

Large-scale digital data collection and analysis are the work of a data scientist. Data scientists use this data to assist firms in making informed decisions that will support corporate growth. A data scientist typically collects and analyzes information from websites, content management systems, or other internal software, which is then done using scientific procedures and methods.

Chief Marketing Officer

A company’s marketing plans and objectives are supervised by a chief marketing officer. Through numerous tactics, chief marketing officers help businesses cut expenses while increasing income. Initiatives like digital media, print advertising, and Google Adwords are examples of online & offline marketing strategies that a chief marketing officer needs to be familiar with.

Dentists/Orthodontists

Dentists with specialized training to fix crooked teeth are known as orthodontists. Additionally, they aid in the detection and treatment of irregular bite patterns. Most orthodontists use braces, retainers, or other dental appliances in their work.

Anesthesiologist

A key player on the surgical team and a specialist doctor is the anesthesiologist. During operation, anesthesiologists keep patients secure and asleep. A specialist in anesthetic medications and pain control is an anesthesiologist.

Physician

A doctor who treats and diagnoses patients is known as a physician. Physicians come in a wide variety of subspecialties. As a doctor, you may choose to work in a family practice, hospital, or specialty clinic.

Surgeons

Medical professionals who conduct surgery on patients are known as surgeons. To treat an infection, a broken bone, or another condition, a surgeon must cut open a patient’s body. Many administrative tasks, rounds, and post-operative care assistance are part of a surgeon’s job description.

Cardiologist

A doctor specializing in the heart and cardiovascular system is known as a cardiologist. Cardiologists treat conditions like atrial fibrillation, hypertension, coronary heart disease, and excessive blood pressure. Cardiologists identify, treat, and aid in the prevention of cardiovascular disorders.

Psychiatrist

A doctor who focuses on mental health problems and diseases is called a psychiatrist. Mental, emotional, and behavioral illnesses are diagnosed, treated, and helped to prevent by psychiatrists. The ability to write prescriptions for their patients’ medications distinguishes psychiatrists from other medical professionals.

The following table showcases the average salary by profession-

Software Engineering Manager C$ 137,030
Software Architect C$ 122,236
Data Scientist C$ 81,111
Chief Marketing Officer C$ 150,507
Dentists/Orthodontist C$ 150,204
Anesthesiologist C$ 206,216
Physician C$ 209,359
Surgeon C$ 195,321
Cardiologist C$ 255,000
Psychiatrist C$ 250,000

Read More: National Occupation Classification (NOC) Code in Canada | Canada Post Graduation Work Permit 

Top MS Graduate Recruiters in Canada 

The below table shows the list of some of the top recruiters in Canada that hires MS graduates 

Recruiter Average Salary 
Boston Consulting Group C$ 1,91787 per year 
Canadian Imperial Bank of Commerce  C$ 59,714 per year
L’Oréal Canada C$ 66,764 per year
Amazon.com Inc C$ 2,45310 per year
Ford Motor Company C$ 88,590 per year
Air Canada C$ 64,885 per year
Nutrien Ltd C$ 75,991 per year
Labatt Brewing Company C$ 40,121 per year

Source: Job sites

Conclusion

Highly regarded universities in Canada offer degrees that are considered equivalent to identical degrees acquired in the US on a global scale. Most of the faculty at these universities hold doctorates and have extensive experience in their specialties.

The academic program at Canadian universities is created to address the shifting needs of businesses. As a result, by the time students complete their master’s degree, they are ready to find rewarding employment. Typically, they are successful in doing so within six months of finishing their program.

Study with upGrad Abroad 

With upGrad Abroad, you can study Master in Business Administration at one of the renowned Canadian universities, the University of Canada West. One of the best advantages of choosing upGrad Abroad is you get the flexibility to start your program online for the initial year and continue your on-campus study during the next year.  Apart from that, you would be eligible for a post-study work permit after graduation.

Frequently Asked Questions

What are the work opportunities after a master’s in Canada?

Dentists/Orthodontists, Data scientists, Marketing officers, and Surgeons are among some of the top professions to choose from after a master’s in Canada.

What are the top courses to pursue a master’s in Canada?

MBA, MSc in Computer Science, MSc in Psychology, MSc in Data Science, and MSc in Orthodontics are some top courses offered in top universities of Canada.

What are the top organizations offering jobs in Canada?

To name a few, Amazon, IBM, Ericsson, Deloitte, and RBC are among the top organizations providing opportunities to graduates.

What is the average salary after a master’s in Canada?

The average salary ranges from C$ 81,000 to 2,50,000 depending upon the choice of profession after a master’s.

More Resources About Canada to Read:

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