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MBA 2021

EMPLOYMENT REPORT
98%
accepted an offer
EXECUTIVE SUMMARY

We are pleased to share our MBA 2021


by 3 months
post-graduation Employment Report on student placement
statistics, student desires and corporate
engagement. This report has been
developed for prospective and current

99%
students, recruiters, alumni, faculty and
staff. The MBA 2021 class faced the
challenge of online learning, an uncertain
accepted an offer
by 6 months job market with the rapid transition to
post-graduation virtual recruiting and onboarding remotely.
Our students demonstrated agility and
resilience with an outstanding placement
rate of 98% of the class receiving offers
$88,270 within three months of graduation.
average
base salary Average base salary is $88,270, which represents a 69% increase from
Average base Salary Delta their pre-MBA salary. The average signing bonus was $14,939 and the
69% increase average other guaranteed bonuses were $17,643 for a total of $32,582
from pre-MBA job in additional bonuses when offered.

While consulting and financial services continued to dominate class


placements at 26% and 36% respectively, placement for the remainder of
the class was highly diversified across technology, consumer goods, retail,

$32,582
healthcare, real estate, government and others. Half of the placements were
jobs facilitated by the school, including postings from the Smith job board,
referrals from Smith staff, classmates, faculty and networking with alumni,
average other
advisory board members and Smith corporate partners.
bonuses
when offered Thank you to the entire Smith community and our corporate partners
who stepped up to support our students through countless virtual events:
coffee chats, networking, referrals and ongoing recruiting events. And, our
heartfelt congratulations to the Class of 2021 on their perseverance and
exceptional success.
JOB SOURCE

50%
We look forward to celebrating with you on campus in the near future!

School-facilitated

50%
Sincerely,

Karen Jackson-Cox
Graduate-facilitated Executive Director, Career Advancement Centre
Smith School of Business
Class Profile

users-class user user birthday-cake

STUDENTS IN CLASS
91 44%
WOMEN
56% MEN
28
AVERAGE AGE

briefcase canadian-maple-leaf globe poll

AVERAGE YEARS OF
4.4 58%
CANADIAN
42%
INTERNATIONAL
654
AVERAGE
WORK EXPERIENCE GMAT SCORE

ACADEMIC
BACKGROUND

users-class escinS 23%


users-class usineB 21%
users-class ngierE 20%
users-class rtsA 13%
users-class gychnol Te 10%
users-class onmics E 9%
users-class ealthcrH 4%

SMITH SCHOL OF BUSINE | AMB 2021 YMENT O PL TREPO


Employment Outcomes

EMPLOYMENT
OUTCOMES BY INDUSTRY

square Financial Services 36% Industry Avg. Base $

square Consulting 26% Consulting $97,675

square Technology 13% Consumer Goods $95,624


Financial Services $84,633
square Healthcare 6%
Technology $79,920
square Retail 5%
Other* $89,979
square Consumer Goods 4%
square Government 2% * Includes Energy, Government, Healthcare,
square Non-Profit 2% Manufacturing, Non-Profit, Real Estate, Retail,
Telecommunications, Transportation, Other
square Real Estate 2%
square Telecommunications 1%
square Marketing Services 1%
square Other 2%

EMPLOYMENT
OUTCOMES BY FUNCTION

square Consulting 30% Function Avg. Base $


square Finance 26% Operations & Logistics $102,500

square General Management 9% Consulting $99,217

square Business Development 8% General Management $91,000


Innovation $90,000
square Marketing & Communications 8%
Finance $81,196
square Product Management 5%
Product Management $79,000
square Operations & Logistics 4%
Data & Analytics $75,000
square Data & Analytics 3%
Business Development $67,033
square Innovation 1%
Other* $87,408
square Other 6%

* Includes Marketing & Communications

SMITH SCHOOL OF BUSINESS | MBA 2021 EMPLOYMENT REPORT


Source of Job Offer

School Facilitated (50%)


square Smith Job Postings 38%
square Smith Referrals (Alumni, Faculty, Staff, Classmates) 10%
square Networking with Alumni & Corporate Partners 1%
square Student-led Conferences 1%

Graduate Facilitated (50%)


square Personal Network 20%
square External Job Postings 19%
square Other Student-Facilitated Sources 8%
square Returned to Previous Employer 3%

Placement by Geography

2%
VANCOUVER 4% 5% 2%
CALGARY
MONTREAL
2% OTTAWA
1%
ASIA
HALIFAX

4%
77% KINGSTON

TORONTO
3% (GTA)
USA

SMITH SCHOOL OF BUSINESS | MBA 2021 EMPLOYMENT REPORT


Corporate Engagement

handshake thumbtack door-open pen-fancy random calendar-star


134
FIRMS ENGAGED
339
FIRMS POSTING
1,220
MBA JOB POSTINGS
62
FIRMS STUDENTS
93%
OF MBA GRADS
160
EMPLOYER
IN MBA EVENTS * MBA LEVEL JOBS SIGNED WITH MADE AT LEAST ONE EVENTS
CAREER TRANSITION **

*Number of firms engaging in networking or other career centre events


**Function, Industry, or City

Employer Testimonials

“I have worked with the Smith “Finding great talent is hard “When RBC is looking for high “It has been a pleasure
Career Advancement centre work and partnering with caliber MBA students, we working with Smith
for a number of years and Smith School of Business to know we will meet them at School of Business in our
through that time they have achieve this makes it easier! Smith School of Business. It’s annual recruitment to
been a trusted recruiting It is a pleasure to work with a always a pleasure to connect TD’s Graduate Leadership
partner. The team is proactive responsive Career Centre with your students and they Program.  The campus team
in creating opportunities for that knows exactly what we have been a great match for provides great opportunities
us to meet their students and seek and to hire talented our Leadership Development for promoting rotational
always make time to answer graduate students with ease Program and our Wealth program opportunities at
questions I have or provide and support. We appreciate Management Generalist TD and networking with
helpful feedback on how we and value the opportunities Program. Can’t wait to meet MBA candidates. The
can best position our firm to to connect with Smith’s the your next class!” MBA candidates have
engage their students.”  impressive MBA cohorts and Tenzin Zongdho consistently impressed our

Caitie Harries look forward to recruiting Senior Manager, Early Talent recruitment team with their
National Campus Recruiting this talent year after year.” Acquisition, Functions, LDP, confident presence and
Manager, Consulting at WMGP Royal Bank of Canada thoughtful questions.”
Christine Keleshian 
Deloitte Canada Program Manager, Early Talent Elissa Mowat
TD Bank Group  Talent Manager, TD Bank
Graduate Leadership Program

SMITH SCHOOL OF BUSINESS | MBA 2021 EMPLOYMENT REPORT


Corporate Engagement

This is a sampling of the companies that have posted or engaged with Smith MBA students in the past 3 years through job postings,
networking and other career centre events. Companies highlighted in blue hired one or more Smith MBA students in the past 3 years.

Consulting Energy and Resources Healthcare


Kearney, Accenture, Bain & Company, BC Hydro, Bruce Power, Enbridge, Ontario Abbott, AlayaCare, eSight Eyewear, GSK,
BCG, Capco, Carly Rian Group, Carpedia, Power Generation, Schneider Electric, Marcan Pharmaceuticals, Merck, Ontario
CGI, Deloitte, EY, Fusion Analytics, Gallup, Shell, Syncrude Bioscience Innovation Organization (OBIO),
Gartner, Grant Thornton, Hugessen, Ontario Health Association, Sanofi Pasteur,
Invictus Analytics & Strategy, IQVIA, Iris Financial Services, Insurance, Real Estate Shift Health, Sinai Health System, Therapure
Pricing Solutions, Konrad Group, KPMG, AIG, American Express, ATB Financial, Aviva, Biopharma,Trillium Health Partners
Level5, Mastercard Advisors, McKinsey Bank of America Merrill Lynch, BCIMC,
& Company, Mendicant Group, Mensana, BGIS, Birch Hill Equity Partners, Blair Technology
Novantas, Optimus SBR, Predictive Success Franklin Capital Partners, BMO Financial Amazon, AppArmor, Borrowell, Canadian
Corporation, Pricing Solutions, PwC, Quinn Group, Brookfield Asset Management, Bank Note, CDW, Cisco, Coinsquare,
& Partners, Revenue Management Labs, Burgundy Asset Management, Business Communitech, Dell, Ecobee, Element AI,
Sapling Financial Consultants, Slalom Development Bank of Canada, Canaccord Equifax Canada, Freshbooks, Gameloft,
Consulting, Strategic Insight, Genuity Group, Canada Life, Capital One Geotab, Google, HelloFresh, HP, IBM, Ideal.
Tata Consultancy Services Financial Corporation, Chubb, CIBC, com, Ingram Micro, Maxsold, Microsoft,
Citigroup, Cormark Securities, CPPIB, Oracle, Peak Power, Pinterest, Plum, RepRisk
Consumer Goods, Pharmaceutical, Desjardins, Duca Financial Services Credit AG, SAP, SAS, Shopify, Skip the Dishes, SOTI,
Retail, Marketing Services Union, Fidelity Investments, Fiera Capital, Street Contxt, Top Hat, TouchBistro, Trend
Abbott, Arterra Wines, Campbell’s, Canada Freedom 55 Financial, Hemlock Capital Micro, Twitter, Uber
Goose, Canadian Tire Corporation, Canopy Partners, HSBC, IIROC, Intact Insurance,
Growth, Coca-Cola, E&J Gallo Winery, FGF Invesco, Letko, Brosseau & Associates, Telecom, Media & Entertainment
Brands, General Mills, George Weston, Mackenzie Investments, Macquarie, Marsh & Bell, Cineplex, MLSE, Rogers
Grip Limited, Holt Renfrew, Hudson’s Bay McLennan Companies, Manulife, Mastercard, Communications, Telesat, TELUS, The Walt
Company, Iconic Brewing, Johnson & National Bank, Novacap, Omers, Ontario Disney Company, T-Mobile, Toronto Blue Jays
Johnson, Juniper Park/TBWA, Klick, Kraft Teachers’ Pension Plan, PSP Investments, Baseball Club, Vidyard
Heinz, Labatt, Lift & Co, Lowe’s, LoyaltyOne, RBC, Scotiabank, Setter Capital, Sun Life
Maple Leaf Foods, Marcan Pharmaceuticals, Financial, Tangerine Bank, TD Bank Group,
Other
Mars, McCain Foods, Metro, Molson The Investment Funds Institute of Canada,
Air Canada, BMW, Bombardier, BRP, Ford,
Coors, Mondelez, Mother Parkers, Nestle, Valitas Capital Partners, Wealthsimple,
GM, Heart and Stroke Foundation, Mazda,
Nordstrom, Novo Nordisk, PepsiCo, Procter Wells Fargo, World Bank Group
Porsche, Toyota, TTC, Westjet
& Gamble, Reckitt Benckiser, Restaurant Government
Brands International, Shoppers Drug Mart, Bank of Canada, Export Development
The Estée Lauder Companies, Tilray, TJX, Canada, Government of Canada, Ontario
Unilever, United Natural Foods, Walmart, Ministry of Health and Long Term Care,
Weston Foods Opportunities New Brunswick, Property
Assessment Appeal Board, Statistics Canada
Corporate Relations Team

Our team is based in Toronto and Kingston to service your recruitment needs.

Nancy Sammon
Andrea Cuthbert
Relationship Manager,
Director of Corporate Relations
Financial Services (Canadian Banks,
andrea.cuthbert@queensu.ca
Insurance, Payment Cards)
nancy.sammon@queensu.ca

Janette Miller Keith McWhirter


Associate Director, Corporate Relations Relationship Manager,
janette.miller@queensu.ca Technology, Telco, Media and Entertainment
keith.mcwhirter@queensu.ca

Brennan Jones Sandra King


Relationship Manager, Relationship Manager,
Financial Services (Global Banks, Pension Funds, Energy, Government,
Private Equity/Venture Capital, Real Estate) Manufacturing, Healthcare
brennan.jones@queensu.ca sandra.king@queensu.ca

Alison Darrach
Lora Sprigings
Client Experience Coordinator
Relationship Manager,
alison.darrach@queensu.ca
Consulting, Accounting
lora.sprigings@queensu.ca

Clare Hein Kate Lussier-Purdy


Relationship Manager, Client Experience Coordinator
CPG, Retail, Marketing Services, Loyalty, k.lussier@queensu.ca
Hospitality, Healthcare, Cannabis
clare.hein@queensu.ca

SMITH SCHOOL OF BUSINESS | MBA 2021 EMPLOYMENT REPORT

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