Average salary after MS in Canada: Things you must know

average salary after ms in canada

Canada has a thriving economy with a soaring job market for MS degree holders in Canada. The country has seen a huge boost in technology, which has produced a decent number of jobs in multinationals. An MS 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. 

If it is important to put some numbers on it, the average salary in Canada after MS is over CAD 85,000 (INR 49,49,437) and goes up to CAD 120,000 (INR 69,87,440) with some experience. Canada is always a promising market for MS Tech graduates, especially in Computer Science, Data, Medicine, and Information Technology. Demand for skilled professionals has increased in almost all streams of engineering, with Business Management, Law, and Operations attaining the top spots. The good news is, 90% of MS students studied from Canada get employed within 6 months of degree completion with the top brands and multinationals and get a handsome average salary in Canada after MS

Read More: Job opportunities after MS in Canada

List of job opportunities after MS in Canada

MS in Canada offers some of the most lucrative career options, with varied specializations and fields. MS 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. 

Canadian universities provide a strong theoretical foundation in various fields so that the MS graduates are trained with the right set of skills and exposure to the top brands and companies. Although we can’t categorize the best jobs, we can rank jobs on the  basis of average salaries, future opportunities and employment growth. Here’s the list of top paying jobs one can seek after completion of MS in Canada.

1. Electrical Engineer

2. Production Manager

3. Computer Engineer

4. Data Scientist

5. Data Analyst

6. Petroleum Engineer

7. Software Developer

8. IT Business Analyst

9. Aerospace Engineer

10. Engineer Manager

11. Operations Manager

12. Surgeon

13. Automation Engineer

14. Robotics Research Engineer

15. Scientific Research Manager 

16. Game Designers

17. Cloud Architect

18. IT Business Analyst

19. Business Intelligence Analyst

20. Cloud Systems Engineers.

21. IT Project Manager

22. DevOps Engineers.

23. Full-Stack Developers

Important Resources About Canada to Read:

The top-paying job opportunities with average salary after MS in Canada

1. Electrical Engineer

Engineering has a promising future and the need for electrical engineers is inevitable in every industry. Equipped with designing, developing, testing and supervising the manufacture of electronic equipment such as navigating systems, radars and electric motors, electric engineers are always in huge demand. 

The average salary of an Electrical Engineer is around 75,500 CAD (INR 43,96,265) annually. It is not a new field, so there are ample job opportunities for MS graduates in Electrical engineering. 

2. Production Manager

The average salary of a production manager at top multinationals is around $69,653 (INR 40,55,802) yearly. The skills set includes manufacturing management, project management, and industrial automation programs. It has the highest growth rate of 3.02% in the last 2 years and has a favorable job market. The big IT and manufacturing brands hire a good number of Production Managers all year round. 

3. Computer Engineers

The world needs good engineers all year round, and Canada is no exception to it. Engineers are always in demand, and the Canadian job market offers best for those with the right skills and talent. An MS in Computer Engineering is the right career path for any tech-savvy. The IT industry and tech giants hire computer engineers right after the completion of degrees from Canadian universities. The average salary of a computer engineer is around CAD 82,000 (INR 47,74,751) yearly. 

4. Nursing

A nursing career is an integral part of the healthcare industry. It is a professional degree, and MS in Nursing students can easily get a salary of 71,861 CAD (INR 41,84,370) yearly. Top private and public medical institutions hire nursing graduates from Canadian universities. The Canadian healthcare industry is a promising sector, and the Canadian job market has enough prospects for nurses. Compared to other Canadian cities, cities like Montreal and Quebec produce the highest-paying nursing jobs in Canada. 

5. Aerospace Engineer

Aerospace Engineering is a vigorous and high-end career prospect for students with an MS in Aerospace Engineering degree. They are concerned with the design, development, testing, and production of aircraft, spacecraft, systems, and equipment. It is one of the top-paying job opportunities with an average salary of CAD 65,668 (INR 38,23,760) annually. The job market is prominent and there are incredible options for Aerospace Engineering in various IT, Manufacturing, and Research and Development. 

Read More: National Occupation Classification (NOC) Code in Canada

6. Software developer

Software developers design and create applications or build computer programs. The growth in the employment of software developers is projected to increase manifold by 2029 at a rate much higher than the other occupations. As software developers are in high demand , the median annual salary for software developers is CAD 103,620 (INR 60,33,655). 

7. Business Analyst

Business Analysts are very well compensated for their work, and with the soaring job market, the salary for a Business Analyst is something around 78,000 CAD (INR 45,41,836) annually. The role is very much in demand by multinationals and conglomerates. An IT Business Analyst is an expert in Business Administration and Information Technology. They work on improving the information technology and business needs of various organizations. Business Analysts manage both IT and Business Administration to get the desired business outcomes. 

8. Cloud Architect

A Cloud Architect is a robust and dynamic job opportunity. These professionals manage and oversee cloud computing strategy of a company. Their responsibilities include, making cloud adoption plans, design of cloud applications, cloud management and monitoring. The cloud architect career path is one of the promising careers for cloud aspirants. It is a lucrative career opportunity with an average salary of CAD 117,394 (INR 68,35,697) yearly. It is more than a career, and IT tech giants hire Cloud computing Architects all around the year. 

9. Data Scientist

This is the era of data-driven companies, and the importance of data is everywhere. Therefore, Canada has seen a huge demand for Data Science in recent times. Machine learning, AI, search engine engineering, corporate analytics, compliance, financial analysis, and data communication are the main skills a Data Scientist requires. A Data Scientist makes around 90,000 CAD (INR 52,40,580) in a year. 

10. Business Intelligence Analyst

BI analyst helps  organizations make sound business decisions by using data and other information. They also program tools and data models to visualize or monitor data. The salary of a BI Analyst is, without a pinch of doubt, the highest-paying job opportunity in various sectors. A BI Analyst can easily make a salary of CAD 116,317 (INR 67,72,984) yearly. It is a high-end career opportunity in the Canadian job market. 

11. Engineer Manager

An engineering manager needs to have the right set of skills and be tech-savvy. The roles will be around tracking metrics, guiding the entire engineering team under you, and working on the results. An MS graduate can earn around CAD 94,000 (INR 54,73,495) yearly. For an Engineer Manager position, the applicants need to have a Master’s in engineering. The scope and career progression are huge, with promising job opportunities. 

12. Petroleum Engineer

Canada has a promising career scope in fields like oil and mining. Petroleum engineers are very much in demand by the oil and coal industries in Canada, with an average salary package of CAD 169,000 (INR 98,40,645) yearly. The role and responsibilities of a Petroleum Engineer are to create and develop the designs and patterns to extract oil, gas, and fossil fuels from deep underground. The petroleum industry is soaring, and the country expects an increase in job opportunities. 

Read More: Canada Post Graduation Work Permit

13. Operations Manager

Every industry, like IT, manufacturing, healthcare, or infrastructure, needs a department of operations to track and process production. The Operations Manager is responsible for designing the entire production process with the help of Information Technology and a team of operations. It is a valuable position, and you can earn a salary of around CAD 75,437 (INR 43,92,596) per year. 

14. Surgeon

A Master’s in Surgery is a prominent option for medical graduates. The need for a skilled surgeon in various fields, like General, Ophthalmology, Dental, and Cardiac, is immense. An MS Graduate in Surgery gets a salary package of more than 498,000 CAD (INR 2,89,97,878) a year. It differs from the city, as hospitals in Ontario and British Columbia pay around 520,000 CAD (INR 3,02,78,909) a year to skilled professionals in surgery. It is a lucrative opportunity and there is never a shortage of job opportunities. 

15. Data Analyst

For database analysts, over the period 2019-2028, new job openings are expected to be around 18,000 every year. The new expansion in industries and replacements will help many aspiring Data Analysts in Canada with an MS degree earn around 68,100 CAD (INR 39,65,372) per year. It is a prominent job opportunity as data analysts are now in demand in every industry. The need for data and profits go hand in hand. This is a career that MS students can opt for if they have good communication skills, technology, and programming knowledge. 

16. Automation Engineer

An Automation Engineer is involved in writing code, testing software, and automating such processes that can be done remotely. The entire process of automation, implementation process and requirements are handled by an engineer. The average salary of an Automation Engineer is around CAD 70,258 (INR 40,91,030) yearly. It is a promising career, especially in the information technology industry. 

17. Robotics Research Engineer

Robotics Engineer designs prototypes, builds and tests machines, and maintains software. They are also responsible for conducting research to find the cost-efficient and safest process for manufacturing robotic systems. Robotics is a demanding job prospect in the gaming industry. The demand for Robotics Research professionals is huge in the Canadian job market. They can easily make a salary of around CAD 82,000 (INR 47,74,751) yearly.

18. Scientific Research Manager

The average salary package for a Scientific Research Manager would be around 102,000 CAD/year (INR 59,39,324)  in Canada. It is an auspicious career field after MS in Science, with a keen interest in the research domain. The top multinationals hire skilled Scientific Research Managers who will lead the entire research team. Research is important for data-driven firms and MNCs. It is a perfect combination of technology and data that works hand in hand to deliver the best results. A Scientific Research Manager never runs out of job opportunities in the Canadian job market. 

More Resources About Canada to Read:

Conclusion

On graduating with an MS degree from Canadian universities, students are most likely to get permanent employment with the top multinationals within 6 months. After gaining experience, the Canada Permanent Residency is a great incentive with a lucrative career and a high-end salary after MS in Canada. The skill sets of an MS graduate are needed by the hour in growing industries like Information Technology, Healthcare, Infrastructure, Law, Medicine, and Data Analytics. The salary after MS in Canada is top-notch and goes well with the low cost of living. There is no shortage of jobs for MS degree holders in Canada, and the chances of getting a better-paying job are immense due to its high demand. For any query related to job opportunities or admission to MS in Canada, consult with the counselors of upGrad Abroad.

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