Canada MBA programs that lead to the biggest pay raises

By Nicholas Hune-Brown | Canadian Business – Wed, 21 Nov, 2012 4:01 PM EST

Photo courtesy of HEC MontréalIntro

Upgrading your business degree can pay huge dividends in the long-run-especially for your salary.

Canadian Business has looked at which MBA programs lead to the biggest pay raises. To find this figure, we tallied the difference between the average salaries upon entering an MBA program and after completing it. So for instance, students at the Schulich School of Business enter with an average salary of $41,149. In their first post-MBA job, their average salary is $90,000, which totals an average pay raise of $48,851.

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Here are the average salary increases across Canada's MBA programs, going from smallest to biggest. Note that not every MBA program is included on the list, only those that provided data.


Université LavalUniversité Laval

Université Laval

Average salary increase: $11,342

Average entering salary: $45,158 | Average starting salary: $56,500

Tuition: $10,163 | Break-even (years): 0.9

*Gallery doesn't include all Canadian MBA programs, only those that provided data.


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The greatest wealth is to live content with little, for there is never want where the mind is satisfied.
—Lucretius, 50 B.C.
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