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5 Top Investment Banking Courses in Canada (For 2024)

Updated on 13 February, 2024

Neha Uppal

Neha Uppal

Sr. Content editor

Investment banking coordinates immense, complex financial transactions like mergers or the underwriting of initial public offerings (IPOs). In addition to underwriting the issuing of new securities for a corporation, municipality, or other entity, these banks may raise money for businesses in several different ways.

The main focus of professionals in investment banking is obtaining capital for businesses, governments, and other organizations. The processes also involve underwriting new debts and equity instruments. Additionally, they help with reorganizations, mergers, acquisitions, and broker trading for institutions and individual investors. As an investment banker, the individual is responsible for facilitating the processes that involve collaborating with businesses, governments, and other organizations as an investment banker. 

This article covers all the information about an investment banking course in Canada and the ample opportunities that come with it. 

Investment Banker Course in Canadian Universities

The following is the list of investment banker courses in Canada fees and universities:

University

Offered Courses 

Average Tuition Fee*

McGill University

Bachelor's, Master's, and PhD in Finance

$99,500

University of Toronto

  • Management - MBA
  • Finance - MF
  • Financial Risk Management - MFRM
  • Management Analytics - MMA

$46,540 

Northern Alberta Institute of Technology

Applied Financial Services - Certificate

$40,020

Algonquin College

Business Administration - Finance program, MBA (Finance)

$15,381

York University

Financial & Business Economics (BA), Master of Business Analytics 

$20,000

*University Official Website

Investment Banking Courses in Canada: Eligibility

The following are some typical prerequisites for enrollment in an Investment banker course in Canada:

For Undergraduate Programs-

  • A Secondary School Diploma or an equivalent, including six Grade 12 U or M courses with a minimum overall average of 65%, or a mature applicant (at least 19 years of age).
  • A minimum final grade of 65% in the following:
  • Mathematics: any Grade 12 U
  • English: Grade 12 ENG4U

For Postgraduate Programs-

  • A 4-year bachelor’s degree or a Canadian equivalent in math, finance, business, computer science, etc., is required for a master's degree.
  • 75% GPA
  • A minimum of 6.5 overall in Academic IELTS as proof of English proficiency

   OR

  • Minimum 60 on the Pearson Test of English (Academic) 

   OR

  • Successful completion of level 5 in the Brock Intensive English Language Program (IELP)

For Diploma Programs- 

Same requirement as Bachelors (UG).

Application Deadlines

The deadline for January admission usually falls around September when applications are submitted.

Top Investment Banks in Canada that Recruit Freshers & Professionals:

  • RBC
  • CIBC
  • BMO
  • TD
  • Scotiabank
  • National Bank

Job Prospects of Investment Bankers in Canada:

Investment bankers in Canada get reasonable compensation per year. You can make a comfortable living in this field with valuable experience. Investment banking offers a wide range of job opportunities, including.

Job Title

Annual Base Salary

Responsibilities

Investment Banking Associate

$43,217

An investment banking associate's main responsibilities include helping and ensuring clients' happiness and satisfaction while working for an investment bank. They assist businesses and organizations in identifying investment possibilities and making financial choices that will help them expand.

Investment Underwriter

$61,411

The main respoprovide support during negotiations, plan merger or acquisition activities,nsibilities of an investment underwriter include coordinating initial public offerings and figuring out how to obtain funds for a company on behalf of its clients. In order to maximize the return on investment, they are also responsible for identifying investor demands and organizing negotiations.

Managing Director of Investment Banking:

$81,499 

The main responsibility of an investment banking managing director is to supervise all business operations at a bank or investment firm. They frequently travel on behalf of their organization to meet potential clients, support during negotiations, plan merger or acquisition activities and assess the value of a specific small business before recommending viable buyout choices.

Investment Banking Vice President:

$139,792

A vice president's primary responsibilities include managing associates and analysts who work in lower levels of the investment department. Additionally, they maintain constant communication with the management and director of their company. Their primary duties revolve around communicating with lower-level staff on the director's or managing director's behalf.

Source: Payscale

Pursuing the right Investment Banking Courses in Canada would enable your chance for a flourishing global career. 

Frequently Asked Questions

Is Canada good for investment banking?

Canada has a solid investment banking industry that supports the domestic market and serves as a global hub for mining and resource companies. There can be no place better than Canada itself to pursue a course related to this field.

Is the investment banking course worth it?

An investment banking course is suitable for anyone in market-related roles like trading, securities sales, market risk, analysis, asset management, portfolio management, private banking, and so on. The best thing about this course is that one doesn't have to spend several years to complete it, and the returns on investment are huge.

Neha Uppal

Sr. Content editor

Neha Uppal is a passionate content creator and editor. She carries 7.5+ years of experience working with leading edutech companies where she worked as a Faculty, Community Manager, and Content Marketeer. At upGrad, she is helping out people keep informed about the scopes and opportunities of studying abroad via informational articles/blogs.

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