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Canada: a robust market for MBAs

The Financial Times writes why Canada is a good bet for international students seeking an MBA. Canada is lauded for its impressive business schools (notably Toronto's Rotman School of Management), healthy banking culture, and robust financial sector.

"The University of Toronto's Rotman School of Management estimates that the mean starting salary for its graduates rose to C$86,245 ($86,490) in 2010 from C$85,454 the previous year."

"Canada's big banks are in much healthier shape than most of their US and European counterparts. RBC, the country's biggest financial institution, had 72,100 people on its payroll at the end of October 2010, only slightly down from two years earlier, and 11 per cent more than in late 2007. Noting that MBAs are an important pool for the bank's future leadership, Galbraith says: "We need to keep that pipeline open."

"In a bid to capitalise on international interest in Canada's financial sector, a group of Toronto-based banks, insurers and asset managers has joined forces with Rotman to set up the Global Risk Institute in Financial Services. The institute, backed by C$10m in government grants, will provide research in various aspects of risk management and promote collaboration between regulators, policymakers and the financial industry."

read full story here
original source Financial Times
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