MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL

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MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
MBA
EMPLOYMENT
REPORT   IV E Y
         BUSI N E S S
         SCH O O L

       2020
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
DIRECTOR’S
                                                                                                                      26% of students who accepted employment landed in financial services, as well as
                                                                                                                      33% of students who accepted employment landed within our diversified industry
                                                                                                                      portfolio, in areas such as technology and CPG. It is encouraging to see that our MBA

                                 MESSAGE
                                                                                                                      graduates have been able to leverage their skills, competencies and professional
                                                                                                                      experience to secure offers in a variety of sectors.

                                                                                                                      As with previous years, our 2020 graduates continue the tradition of making the
                                                                                                                      transition from MBA program to careers in a variety of geographic regions, both
                                 Ivey MBA Class of 2020 – Congratulations on your achievement!                        locally and globally. Toronto and its surrounding areas continue to be the preferred
                                                                                                                      destination, with 78% reporting accepting offers in this vibrant, urban area.
                                 The Ivey MBA 2020 experience has certainly been a momentous one. The onset
                                                                                                                      Our MBA 2020s have now joined more than 30,000 Ivey alumni globally. Members
                                 of a global pandemic posed significant challenges for many of our graduates,
                                                                                                                      of this network, as well as 294 corporate partners played a critical role in their
                                 as in just a few short months the world and the labour market was transformed.       achievements by generously giving their time and sharing the market insights that
                                 For those who were actively working to achieve their post-MBA career goals,          help drive our students’ success.
                                 a slowdown in recruiting activities and employment opportunities created
                                 many obstacles. Yet in spite of this, self-reporting from our MBA 2020               Thank you again to all of our alumni and corporate partners for your continued
                                                                                                                      support. We look forward to working with you in the year ahead.
                                 graduates indicates that 77% of the class received at least one job offer as of
                                 September 1st 2020, and as of December 31st 2020, this number has risen to           Sincerely,
                                 90%. These statistics reflect our students’ determination and commitment to
                                 achieving their goals, and are to be commended.

                                 In addition to strong employment rates, 95% of those who accepted employment         Dr. Catherine Chandler-Crichlow
                                 were identified as having made at least one career transition. Ivey 2020 graduates   Executive Director
                                                                                                                      Career Management & Corporate Recruiting
                                 reported 41% of students who accepted employment landed in consulting,
                                                                                                                      Ivey Business School

                                       Introduction                                                                    “I was looking for a role in investment banking or
                                                                                                                        private equity in Canada, and I knew this is a very
2 / Ivey MBA Employment Report

                                       While the workplace changed overnight for the Ivey MBA Class of 2020,
                                       the value of the skills students developed during their MBA remained –
                                                                                                                        difficult industry to break into. I figured it would
                                       and helped this cohort adapt and thrive in an evolving landscape.                be a good idea to do an MBA in Canada to position
                                       Ivey’s focus on practical and life-long learning, its powerful network of        myself for this kind of opportunity – and I was able
                                       corporate partners and alumni, and the support and access provided
                                       by the Career Management (CM) team continued to give students
                                                                                                                        to achieve the goal I set for myself.”
                                       the tools needed to succeed in any job market – even one thrown into
                                       uncertainty by COVID-19.                                                          Fiyin Oyewo, MBA ’20
                                                                                                                         Senior Associate, Private Equity Investments, Export Development Canada (EDC)
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
MBA CLASS OF 2020

                                 Understanding
                                                                                        Offers and Reporting Rate                       Salary

                                                                                        The best schools follow a globally held         Salary is reported both at an aggregate

                                 the data
                                                                                        standard of how and what to report, which       level for the class overall and broken
                                                                                        is driven by the MBA Career Services and        down by industry and function. We
                                                                                        Employer Alliance. But while most schools       understand that each industry has its

                                                                              34++33b
                                                                              34
                                                                                        will break down the percentage of students      own demands and trade-offs, and the
                                                                                        who report having an offer, at Ivey, we         compensation standards often reflect
                                 The Employment Report is meant                                                                         that. Reporting salary in these ways
                                                                                        believe transparency and detail are the
                                 to provide prospective students with                   basis of a trusting and lasting relationship    helps the reader better assess what the
                                 a snapshot of MBA outcomes to see                      with our students.                              graduates have self-reported as their
                                                                                                                                        compensation and in some cases make
                                 how top programs compare, help                                                                         decisions on what industries they want
                                                                                        With our Employment Reports, we target
                                 them cull the list of schools they                     a minimum of 90% of our students                to pursue.
                                 might want to consider and find the                    reporting their job status, which specifies
                                                                                        whether they have received an offer
                                 one that’s right for them.                             or whether they are currently still job
                                                                                                                                        Career Transitions

                                                                                        seeking. For the 2020 MBA class, we had         Prior work experience is an important
                                 Not all reports are created equal,                     a 94% reporting rate as of September 1,         admissions criteria at Ivey, and it often
                                                                                        2020 (which tells you how many people           helps our graduates make their desired
                                 but their intention is the same: to
                                                                                        provided information).                          changes to new geographies, industries,
                                 help prospective students understand                                                                   and/or functions in new companies
                                 where recent graduates have gone in                    We also detail offer rates at both the three-   or in their previous companies.
4 / Ivey MBA Employment Report

                                                                                        and six-month point following graduation        Looking at how many graduates in a
                                 their post-MBA career endeavours.                                                                      class have made a change as well as
                                                                                        (and exclude data from students who are
                                                                                        travelling, taking a leave of absence or        which companies came to look at the
                                                                                        seeking entrepreneurship opportunities)         talent may help you answer your own
                                 All data, except where otherwise noted, is
                                                                                        to help those reading the report to             questions about the viability of the MBA
                                 captured as of September 1, 2020.
                                                                                        understand that for some the journey is         and its role in helping you make the
                                                                                        longer than for others, but in the end our      personal career change that started you
                                                                                        graduates are successful.                       on this journey in the first place.
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
MBA CLASS OF 2020

                                 Class of 2020
                                 at a glance
                                 Diversity of industries, functions, geography and
                                 perspectives is one of the many strengths of the Ivey
                                 MBA. With a focus on Case Method and experiential
                                 learning, students are able to challenge each other
                                 and learn from one another as they come up with
                                 strategies to solve real-life business problems.
6 / Ivey MBA Employment Report

                                  169*                                  28.5             24-35                      5.5            590-720                      33%                                      42%
                                 Total Students                        Average Age       Age Range                 Average             GMAT Range                   Women                              Non-Canadian
                                    in Class                             at Entry                                Years of Work        (middle 80%)                                                     as defined by
                                                                                                                  Experience                                                                            Citizenship

                                                                                                                                                             *includes MBA Direct Students which are former Ivey HBA students

                                  $117,997
                                  Average salary (includes: Base salary, signing
                                                                                                     #1
                                                                                                     MBA Program
                                                                                                                                 77         %
                                                                                                                                 of those seeking received
                                                                                                                                                                             90                 %
                                                                                                                                                                              of those seeking received
                                  bonus, and other guaranteed compensation).                         in Canada                   an offer by September 1st                    an offer by December
                                                                                                     as ranked by                2020, based on a 94%                         31st, 2020 based on a
                                                                                                     Bloomberg                   reporting rate.                              95% reporting rate.
                                                                                                     Businessweek
                                                                                                     6 years in a row   †

                                  †
                                      Bloomberg Businessweek MBA Rankings 2014-2019.
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
CLASS OF 2020 AT A GLANCE

                                 MBA 2020 Citizenship by Geography                                                     Industry of Accepted

                                                                                                                                                             42++2615521y
                                                                                                                                                             42
                                                                                                                       Employment
                                                                                                                       n   Consulting (41%)

                                                                                                                       n   Financial Institution (26%)

                                                                                                                       n   Information Technology (15%)

                                                             58%                                                       n
                                                                                                                       n
                                                                                                                           Consumer Packaged Goods (5%)

                                                                                                                           Real Estate/Property (2%)
                                                             Canada
                                                                                                                       n   Restaurant/Food-Services (2%)

                                                                                                                       n   Wholesale/Retail (2%)

                                                                                                               5%
8 / Ivey MBA Employment Report

                                                                                                                       n   Automotive (1%)

                                                                                                               China   n   Chemicals/Plastics (1%)

                                  14%                                                                                  n
                                                                                                                       n
                                                                                                                           Electricity/Gas/Water (1%)

                                                                                                                           Government (1%)
                                  Other
                                                                                                   3%                  n   Healthcare (1%)
                                  Other includes:
                                  Australia, Bangladesh,
                                  Brazil, France,
                                  Hong Kong, Indonesia,
                                                                                         2%        Pakistan
                                                                                                                       n   Manufacturing (1%)

                                  Kenya, Nepal, Peru,                                    Nigeria
                                  the Philippines, Russia,
                                  Singapore, Sri Lanka,                                                18%
                                  Syria, Tanzania,
                                                                                                       India
                                  the United States,                                                                   Alumni Industry

                                                                                                                                                             31++131065316y
                                                                                                                                                             31
                                  and Vietnam.

                                                                                                                       of Employment
                                                                                                                       n   Financial Institutions (31%)

                                                                                                                       n   Consulting (12%)

                                                                                                                       n   Information Technology (10%)

                                                                                                                       n   Manufacturing (6%)

                                            “I was coming from abroad, and it’s not easy speaking in                   n   Telecommunications/
                                                                                                                           Communications (5%)
                                             front of 80 or 90 new people every day. Getting out of                    n   Education (5%)

                                             my comfort zone was important for my career, and at                       n   Biotech/Healthcare/Pharma (5%)

                                             Ivey I was able to do that in a safe environment.”                        n   Real Estate/Property (3%)

                                                                                                                       n   Wholesale/Retail (3%)

                                                                                                                       n   Consumer Packaged Goods (3%)
                                             Sathya Eswaran, MBA ’20,
                                                                                                                       n   Other (16%)
                                             Senior Associate, Partners in Performance

                                                                                                                       Due to rounding, numbers presented throughout this report may not add up
                                                                                                                       precisely to the totals indicated, as they are rounded to the nearest percent.
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
BY THE NUMBERS

                                  Recruiting at the
                                  Ivey Business School
                                  Ivey’s employment success is largely supported by its world-class Career

                                                                                                                                                                                         95%
                                  Management department, which guides MBAs through the recruiting
                                  and interview process, providing students with tools and resources and
                                  helping them develop solid career management acumen.
10 / Ivey MBA Employment Report

                                                                                                                                                               13
                                  Although it is up to students to land the post-MBA job,                                                                                             of grads that had accepted
                                  the integrated curriculum and expertise from Ivey’s                                                                                                    an offer made at least

                                                                                                                             77%
                                  Career Management team are unmatched.                                                                                                                  one career transition
                                                                                                                                                            Students returning       (change in industry, function
                                                                                                                                                              to their former             and/or geography)
                                                                                                                                                                 employer
                                                                                                                          of those seeking received an

                                                                                                249
                                                                                                                          offer by September 1st 2020,
                                                                                                                         based on a 94% reporting rate.
                                                                                                                       Of those seeking, 90% received an

                                                                             3
                                                                                                                       offer by December 31st, based on a
                                                                                                  Companies that               95% reporting rate.
                                                                                                 posted jobs to Ivey

                                            58
                                                                           Number of
                                                                        students pursuing
                                                                        entrepreneurship
                                                                                                                                                          “At Ivey, they don’t just give you the tools and
                                          Companies our
                                       MBA students accepted
                                                                                                                                                           technical know-how to do something, they
                                         employment with                                                                                                   make sure you can ground it in a practical
                                                                                                                                                           application that is repeatable in a personal
                                                                                                                                                           or business sense.”

                                                                                                                                                            Fletcher Courage, MBA ’20,
                                                                                                                                                            TD Business Banking
                                                                                                                                                            Associate
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
MBA CLASS OF 2020

                                  Recruiting at the                                                                                                                                              MBA 2020
                                                                                                                                                                                                 Geography of
                                  Ivey Business                                                                                                                                                  Acceptance
12 / Ivey MBA Employment Report

                                  School
                                                                                                  International
                                                                                                      4.1%
                                  The power of the Ivey network was evident
                                  for the Class of 2020, which relied not only on
                                  recruiting events with corporate partners and
                                  alumni or postings by Career Management, but
                                  the networking skill set developed during their                                                                                                                             Other 2%
                                  MBA, which helped students access additional
                                  opportunities and build resilience. In fact, this year,                 Vancouver
                                  22.4% of students created their own opportunities                         3.1%                                                                                            Montreal 1%

                                  through networking outside the school, in addition                                                                                                                     Ottawa/Hull 2%
                                  to the 63.3% of offers facilitated by the school.
                                                                                                                                Edmonton 1%
                                                                                                                                                                                              77.6%
                                                                                                                       United
                                                                                                                       States     Calgary 6.1%                Kitchener/Waterloo
                                                                                                                                                                                                        Toronto - GTA
                                  Source of Accepted Employment                                                         1%                                           1%

                                                                                                                                                                                     London 1%

                                  63%                                    33%                                          4%                         “As an international student, recruiting in another
                                                                                                                                                  country is a different story. What I found really valuable
                                  School Facilitated                      Graduate Facilitated                        Unknown

                                  • Career Management                     • Networking (Outside School)                                           were the workshops and the ongoing advice around how
                                    Posting 53.1%                           22.4%                                                                 to network and how to familiarize yourself with the
                                  • Networking (Alumni and                • Previous Employer (Before
                                    Corporate Partners) 9.2%                Starting Ivey) 5.1%                                                   Canadian recruiting landscape.”
                                  • Alumni/Classmate/                     • Internet, Company Websites,
                                    Faculty Referrals 1%                    Executive Search Firms and                                           Charmaine Uy, MBA ’20,
                                                                            Newspaper Postings 5.1%                                              Assistant Brand Manager, Johnson & Johnson
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
MBA CLASS OF 2020

                                  Alumni Spotlight
                                                                      2019, and was part of the Ivey                                     “Changing industries or                                              was able to develop a network
14 / Ivey MBA Employment Report

                                                                      MBA Class of 2020, which                                           changing functions wasn’t on                                         at the company with the help
                                                                      graduated at the peak of the                                       my radar.”                                                           of Ivey alumni in order to further
                                                                      pandemic. The shutdown                                             Once at Ivey, he decided                                             the relationship and secure
                                                                      made the path more difficult                                       to explore his options with                                          the job.
                                                                      than the cohort expected, and                                      the help of the Career                                               “Recruiting in another country
                                                                      even though Ivey’s corporate                                       Management team.                                                     is a different story. I didn’t
                                                                      partnerships were strong and                                                                                                            know how crucial networking
                                                                      its alumni network quick to                                        “There’s a lot of facilitation
                                                                                                                                         that goes on in the                                                  was in landing a job in Canada.
                                                                      help out.                                                                                                                               The workshops and the
                                                                                                                                         background in terms of
                                                                      For Oyewo, the pandemic                                            organizing networking events                                         ongoing advice from Career
                                                                      meant taking a short-term                                          with the different companies,                                        Management were really
                                                                      contract before landing                                            bringing in experts, preparing                                       valuable,” she said. “They were
                                                                      his current job at EDC, and                                        for interviews and coaching.”                                        with me end to end.”
                                  Fiyin Oyewo, MBA ’20                working to make sure that if      Peter Sigalos, MBA ’20                                             Charmaine Uy, MBA ’20
                                                                                                                                         He also discovered new                                               Ivey’s case-based teaching
                                  Senior Associate, Private           the opportunity came, he’d be     Associate at McKinsey &                                            Assistant Brand Manager,
                                                                                                        Company                          ways of thinking through                                             method and focus on group
                                  Equity Investments at Export        ready.                                                                                               Johnson & Johnson
                                  Development Canada (EDC)                                                                               interactions with classmates                                         work were equally valuable once
                                                                      “Ivey really helped in                                             with backgrounds in different                                        Uy started her new job just a few
                                                                      developing a structured           Peter Sigalos, MBA ’20, wasn’t                                     For Charmaine Uy, MBA ’20,         months after the onset of the
                                  Despite having worked in                                              looking to change fields when    industries, functions and
                                                                      way to prepare for the                                             geographies.                      the Ivey network proved            COVID-19 pandemic.
                                  the financial services field in                                       he began his MBA at Ivey.
                                                                      interviews, both from Career                                                                         invaluable in securing a role as   “What really helped me was
                                  Nigeria for seven years, Fiyin                                                                         “In an Ivey setting, where it’s
                                                                      Management and some of            As a finance grad working                                          a brand manager at Johnson         the practice I got in terms of
                                  Oyewo, MBA ’20, knew getting                                                                           a case-based method, you get
                                                                      my peers in the program who       as a national key account                                          & Johnson.                         working in a team, especially as
                                  into capital markets in Canada                                                                         a lot of different discussions
                                                                      were able to provide regular      manager for L’Oreal Canada’s                                       With nine years of prior           I onboarded with a new team
                                  wouldn’t be easy.                                                                                      that give you pause and
                                                                      support,” he said.                professional division, he was                                      work experience in                 and tried to adjust to different
                                  “One of the reasons I went                                            simply looking to consolidate    help you reflect on some
                                                                      “Having Ivey on my resume                                          different ways to see business    human resources, internal          working styles, preferences,
                                  to Ivey was to break into this                                        his business knowledge and
                                                                      (also) validates the experience                                    problems and situations,”         communications and                 personalities,” she said.
                                  small, difficult industry, and it                                     expand his network.
                                                                      I had before and makes it                                          Sigalos said.                     corporate branding for one         “The case method, where in
                                  made a huge difference,” said
                                                                      easier for employers to take      “It was about going back and                                       of the top pharmaceutical          every class you have to be
                                  Oyewo, now a senior associate                                                                          “You had people who were
                                                                      the risk of hiring someone        filling in any gaps I had in                                       companies in the Philippines,      comfortable making your voice
                                  in private equity investments                                                                          trained engineers or plastic
                                                                      from a different market.          my knowledge and learning                                          Uy became interested in            heard, was a key skill that I was
                                  at Export Development                                                                                  surgeons – that’s not typically
                                                                      I was able to achieve the goal    from others – making sure                                          the prospect of working for        able to sharpen through my Ivey
                                  Canada.                                                                                                someone you’re going to meet
                                                                      I set for myself. Analyzing the   I met people from different                                        Johnson & Johnson.                 experience that I now find very
                                  “When the opportunity came                                            industries that had worked       in your business career. We
                                                                      prospects, working on deals -                                      all helped each other and we      And while she connected with       valuable as I adjust to a new
                                  for me to work in private                                             in different functions,” said
                                                                      this is where I always wanted                                      all learned from each others’     the company through Ivey’s         virtual work environment where
                                  equity, I was well prepared                                           Sigalos, now an associate at
                                                                      to be.”                                                            experience.”                      fall recruitment program, Uy       it’s easy to not be heard.”
                                  both in terms of my story                                             management consulting firm
                                  and answering technical                                               McKinsey & Company.
                                  questions.”
                                  Oyewo began his MBA in
MBA EMPLOYMENT REPORT - IVEY BUSINESS SCHOOL
MBA CLASS OF 2020

                                                                                                      Base Salary by Industry
                                                                                                      Base salary ranged from $43,000 – $190,000, with a median salary of $98,000.
                                                                                                      Where other compensation (moving expenses, signing bonuses, annual bonuses)
                                                                                                      was offered, it ranged from $2,000 – $84,425, with a median of $15,000.
16 / Ivey MBA Employment Report

                                  Compensation                                                        INDUSTRY
                                                                                                                                                      MBA 2020 BASE SALARY BY INDUSTRY

                                                                                                                                                                                       MIN $               MAX $             MEDIAN $               AVERAGE $

                                  by industry and                                                         Consulting

                                                                                                          Financial Institution
                                                                                                                                                                                      80,000

                                                                                                                                                                                      63,000
                                                                                                                                                                                                         190,000

                                                                                                                                                                                                         130,000
                                                                                                                                                                                                                              100,000

                                                                                                                                                                                                                                87,000
                                                                                                                                                                                                                                                     118,917

                                                                                                                                                                                                                                                      89,737

                                  function                                                                Technology

                                                                                                          Consumer Packaged Goods
                                                                                                                                                                                      90,000

                                                                                                                                                                                      80,000
                                                                                                                                                                                                         120,000

                                                                                                                                                                                                           85,000
                                                                                                                                                                                                                               99,500

                                                                                                                                                                                                                               82,000
                                                                                                                                                                                                                                                     105,002

                                                                                                                                                                                                                                                     82,333

                                  The Ivey MBA Class of 2020 saw 95% of grads that had                    Other1                                                                      43,000             150,000                97,950               98,994

                                  accepted an offer make at least one career transition (change in
                                  industry, function and/or geography) in the three months after                                  MBA 2020 OTHER GUARANTEED COMPENSATION BY INDUSTRY
                                  graduation, more than the previous year. Of the transitions, over   INDUSTRY                                                                         MIN $               MAX $              MEDIAN $              AVERAGE $
                                  two-thirds made two transitions both in industry, function and/
                                                                                                          Consulting                                                                    5,000               84,425              22,500                22,016
                                  or geography.
                                                                                                          Financial Institution                                                         2,000              25,000                 7,000                9,833
                                  While many students embark on their MBA journey to move
                                                                                                          Technology                                                                    2,500              40,000               23,800                26,396
                                  into a new function or industry, those who, this year, found they
                                  needed to pivot their approach because of the pandemic were             Consumer Packaged Goods                                                       8,000               13,500              10,000                10,500

                                  also able to leverage their backgrounds and branch into areas           Other1                                                                        5,000              40,000                 5,100               12,820
                                  that were growing despite the worldwide shutdown.
                                                                                                      1
                                                                                                       The other industries include: Automotive, Chemicals/Plastics, Electricity/Gas/Water, Government, Healthcare, Manufacturing, Metals/Mining,
                                                                                                      Real Estate/Property, Restaurant/Food-Services, and Wholesale/Retail.
MBA CLASS OF 2020

                                  Base Salary by Function
                                                                                                                                                                                                    Companies who
18 / Ivey MBA Employment Report

                                  FUNCTION
                                                                                   MBA 2020 BASE SALARY BY FUNCTION

                                                                                                                     MIN $                MAX $              MEDIAN $            AVERAGE $
                                                                                                                                                                                                    Engaged with Students
                                      Consulting - Management/Strategy                                              80,000              190,000              100,000                120,176

                                      Operations                                                                    92,000              120,000               119,800              109,360          Below is a list of companies who engaged with Ivey’s MBA students in the last three
                                                                                                                                                                                                    years through networking, company-sponsored education leave, hiring, formal postings,
                                      Finance - Asset Management                                                    65,000              105,000                95,000                88,333
                                                                                                                                                                                                    and/or on-campus recruiting. Companies who have been one of our top hiring firms
                                      Sales                                                                         85,000              120,000                90,000                98,333         throughout the past three years are in bold. Those companies denoted with an (*) have
                                                                                                                                                                                                    hired at least one Ivey MBA grad in the past three years.
                                      Business Development/Corporate Development                                    80,000               110,000               95,800                92,750

                                      Leadership Development/Rotational Program                                      81,000             150,000                 92,710              104,105         24/7 Intouch*                AM Solutions Worldwide     Baro Drywear                 Brock Solutions
                                                                                                                                                                                                    3M Canada Company*           Amazon*                    Baxter                       Brookfield*
                                      Finance - Commercial Banking                                                  63,000                90,000               75,000                74,800
                                                                                                                                                                                                    Accenture*                   American Express           Bayer Inc.                   Brooklin Consulting
                                      Other1                                                                        43,000              130,000                 97,000               95,944         AccorHotels                  AMP Finance*               Baylis Medical Company       Budget Environmental
                                                                                                                                                                                                                                                            Inc.*                        Disposal
                                                                                                                                                                                                    Ace Transportation Group     Anson Funds
                                                                                                                                                                                                                                                            BCI                          Burgundy Asset
                                                                                                                                                                                                    Acerta Analytics Solutions   AOMS Technologies                                       Management
                                                                                                                                                                                                    Inc.*                                                   Bell Canada*
                                                               MBA 2020 OTHER GUARANTEED COMPENSATION BY FUNCTION                                                                                                                Apollo Health and Beauty                                Burlington Economic
                                                                                                                                                                                                    Acklands-Grainger Inc.       Care*                      BeMo Academic Consulting
                                                                                                                                                                                                                                                                                         Development Corporation
                                  FUNCTION                                                                           MIN $                MAX $              MEDIAN $            AVERAGE $                                                                  Inc.
                                                                                                                                                                                                    ACR Alpine Capital           Apotex Inc.*                                            Business Development
                                                                                                                                                                                                    Research                                                Best Buy Canada
                                      Consulting - Management/Strategy                                                5,000               84,425               20,000                21,756                                      Appficiency Inc.                                        Bank of Canada (BDC)*
                                                                                                                                                                                                    ACTO                                                    BEworks
                                                                                                                                                                                                                                 Apple*                                                  Butterfield & Robinson*
                                      Operations                                                                      5,000              40,000                39,900                31,200                                                                 BicDroid Inc.
                                                                                                                                                                                                    Adams & Miles LLP                                                                    Buzzerboy
                                                                                                                                                                                                                                 Appnovation Technologies
                                      Finance - Asset Management                                                      *                    *                     *                    *             Adidas Canada Limited        Inc.                       Birch Hill Equity Partners
                                                                                                                                                                                                                                                                                         Cadillac Fairview
                                                                                                                                                                                                    Adlib                        AquaMobile                 Blackhawk Network
                                                                                                                                                                                                                                                                                         Calgary Trusted Cleaners
                                      Sales                                                                           *                    *                     *                    *
                                                                                                                                                                                                    Advanced Analytics and       Aramark Canada             Blair Franklin Capital
                                                                                                                                                                                                                                                                                         Cameron Stephens
                                                                                                                                                                                                    Research Lab                                            Partners
                                      Business Development/Corporate Development                                      4,000                9,000                 5,000                6,000                                      ArcTern Ventures*                                       Mortgage Capital Ltd.
                                                                                                                                                                                                    Aga Khan Foundation                                     Blu Ivy Group
                                                                                                                                                                                                                                 Aritzia*                                                Canada Goose Inc.
                                      Leadership Development/Rotational Program                                       *                    *                     *                    *             Canada
                                                                                                                                                                                                                                                            Bombardier
                                                                                                                                                                                                                                 AstraZeneca                                             Canada Life Assurance
                                                                                                                                                                                                    Agorize Information                                                                  Company*
                                                                                                                                                                                                                                                            Borrowell
                                      Finance - Commercial Banking                                                    *                    *                     *                    *             Session                      Athari
                                                                                                                                                                                                                                                            Boss Insights                Canada Post
                                                                                                                                                                                                    AgScape                      Aurora Cannabis Inc.
                                      Other1                                                                          2,500               25,000               10,000                12,425                                                                                              Canadian Coalition for
                                                                                                                                                                                                                                                            Boston Consulting
                                                                                                                                                                                                    Ahria Consulting (formerly   Autodata Solutions                                      Good Governance (CCGG)
                                                                                                                                                                                                                                                            Group*
                                                                                                                                                                                                    Carswell Partners)
                                  * Not Enough Data                                                                                                                                                                              Bain & Company Canada      Brambles                     Canadian Imperial Bank
                                                                                                                                                                                                    AIMIA                        Inc.*                                                   of Commerce*
                                                                                                                                                                                                                                                            Brand Institute Canada
                                                                                                                                                                                                    Air Canada                   Bank of America-Merrill                                 Canadian Tire Corporation*
                                                                                                                                                                                                                                 Lynch                      Breakthru Beverage Group
                                                                                                                                                                                                    Air Products and                                                                     CanFirst Capital
                                                                                                                                                                                                    Chemicals, Inc.*             Bank of Canada             British Columbia             Management
                                                                                                                                                                                                                                                            Investment Management
                                                                                                                                                                                                    Akler Browning LLP           Bank of Montreal*                                       Cannaroyalty & Trichome
                                                                                                                                                                                                                                                            Corporation (bcIMC)*
                                                                                                                                                                                                    Alberta Investment           Barclays Capital Canada                                 Capco*
                                  1
                                   The other functions include: Accounting, Consulting - Financial Advisory, Consulting - Healthcare/Pharma, Consulting - IT/Technology/Digital, Consulting
                                                                                                                                                                                                    Management Corporation
                                  Corporate Strategy, Engineering, Finance - Corporate Office, Finance - Equity Research, Finance - Graduate Leadership/Rotational Programs, Finance - Investment   (AIMCo)
                                  Banking, Finance - Private Equity/Venture Capital, Finance - Real Estate, Finance - Sales & Trading, Human Resources, Information Technology, Marketing/Product
                                  Management, and Startup.                                                                                                                                          AltaCorp Capital
20 / Ivey MBA Employment Report
                                  MBA CLASS OF 2020

                                  Capital One                  Corus Entertainment      Ecopia Tech Corporation   Freshii                       Highland Creek Partners      Invictus Analytics and     LaurelCrest Partners*     Mawer
                                                                                                                                                                             Strategy Inc.
                                  Cargill                      Corus Orthodontists      Efficiency Capital*       Fruit of the Loom             Hiku                                                    League Inc.*              Mazars*
                                                                                                                                                                             iPrice Group
                                  Carly Rian Group             Cosmos Sports &          Eight Capital             Fusion Analytics              Hilti (Canada)                                          LEAP: The Centre for      Mazdis
                                                               Entertainment                                                                    Corporation*                 IQVIA Information*         Social Impact
                                  Carpe Diem Suites                                     ELEMENT AI                Future Buildings*                                                                                               McCain Foods
                                                               CPP Investments                                                                  Hilton Hotels & Resorts      Ivey Business School*      Legacy Private Trust*
                                  Carpedia International                                Eli Lilly and Company     GALE Partners                                                                                                   McCarthy Tétrault LLP*
                                  Ltd.*                        Cresco Labs (formerly                                                            Hines                        J.M Smucker Company*       Legend Star*
                                                                                        EllisDon Corporation*     Galliant Advisors LP                                                                                            McKesson
                                                               Origin House/
                                  Cascadia Partners                                                                                             Home Depot                   Jackman                    Legislative Assembly of
                                                               Cannaroyalty)            EMCO Corporation          Gazelle Capital                                                                                                 McKinsey & Company*
                                                                                                                                                                                                        Ontario
                                  CBRE Caledon Capital                                                                                          Home Hospice                 Jacob Capital
                                                               CSA Group                ENDY                      Gemic                                                                                                           McNair Business
                                  Management Inc.                                                                                               Association                  Management*                LendCare Capital
                                                                                                                                                                                                                                  Development Inc.
                                                               CWD                      Entertainment One         General Mills*
                                  CCRM                                                                                                          HomeEquity Bank*             Janet David + Associates   Letko Brosseau
                                                                                                                                                                                                                                  MeazureUp
                                                               Cystic Fibrosis          EPCOR                     George Weston Limited                                      Inc.
                                  Century Inc.*                                                                                                 Hotspex                                                 Lightheart Management
                                                               Foundation                                                                                                                                                         Medcan Health
                                                                                        Equals Brewing Company    GlaxoSmithKline (GSK)*                                     Jerry Van Dyke Travel      Partners*
                                  Ceridian*                                                                                                     HRdownloads                                                                       Management Inc.*
                                                               Dalberg                  Inc.                                                                                 Service LTD
                                                                                                                  Goldman Sachs & Co.                                                                   Limelight Networks
                                  CGI Group                                                                                                     HSBC Bank                                                                         Mensana Change
                                                               Daraz Group              Ernst & Young LLP (EY)*                                                              Johnson & Johnson*
                                                                                                                  Good & Well                                                                           LINKEDTOASIA              Management Ltd.*
                                  Charleston Homes                                                                                              Hudson’s Bay Company
                                                               Dark Slope*              ESAM Group*                                                                          Joint Inspection Unit
                                                                                                                  Good Food For Good                                                                    Liquor Control Board of   Mercer International
                                  China Investment                                                                                              Hugessen Consulting          of the United Nations
                                                               Davies Ward Phillips &   eSight eyewear                                                                                                  Ontario (LCBO)            Group*
                                  Management*                                                                     Google Inc.*                  Inc.*                        System
                                                               Vineberg LLP*
                                                                                        etee                                                                                                            Loblaw Companies          Merchant Broker
                                  Chrysalix                                                                       Government of Canada*         HybridHELIX Consulting       JP Morgan
                                                               Delbridge Solutions                                                                                                                      Limited*
                                                                                        EventMobi                                               LLC                                                                               Meridia Recruitment
                                  Cidel                                                                           Government of Ontario                                      JRP Employee Benefit
                                                               Deloitte*                                                                                                                                London Cross Cultural
                                                                                        Everest Group                                           IBM Canada Ltd.*             Solutions                                            Meridian Credit Union
                                  Cineplex                                                                        Grand River Community                                                                 Learner Centre
                                                               Desa Global Leadership                                                                                                                                             Ltd*
                                                                                        EVS Canada                Health Centre                 Ideal Candidate              JTE Claims Consultants
                                  Cisco Systems Canada         Inc.                                                                                                                                     Loopio Inc.
                                                                                                                                                                             Ltd.                                                 Merz Therapeutics
                                  Co.*                                                  EWB Canada                Grant Thornton LLP            iLobby*
                                                               Desjardins Group                                                                                                                         Lower Mainland
                                                                                                                                                                             Juno                                                 Metex Inc.
                                  Citron Hygiene*                                       Execusource Intl.         Gravitas Financial            Imperial Oil                                            Christmas Bureau
                                                               Devencore
                                                                                                                                                                             Kaleidoscope Content                                 Michelin India Pvt. Ltd.*
                                  Clairvest                                             Exponential Capital &     Great Mountain Partners       Imperial Tobacco Canada                                 LoyaltyOne
                                                               Dhandho Capital
                                                                                        Markets                                                                              Kaleyra*                                             Microsoft Canada Co.*
                                  Clarke Inc.*                 Management                                         Great-West Life               In the Funnel                                           Lululemon Athletica
                                                                                        Export Development                                                                   KBS Agency                                           Mikutech
                                  CleanSlate UV                Diallog                                            Green Apple Pay               InComm Canada Prepaid                                   LXR Canada Inc
                                                               Telecommunications       Canada*                                                                              Kearney*                                             Mind Cure Health Inc.
                                  Clients Loyalty                                                                 Green Court Capital           Indigo                                                  M&C Associates
                                                               Diamante Development     Extract Capital                                                                      KGK Science Inc.           Consulting
                                                                                                                  Management                                                                                                      Mint Pharmaceuticals
                                  Climate Innovation Capital   Corporation*                                                                     INFOR Financial Group
                                                                                        Facebook                                                                                                                                  Inc.
                                                                                                                  Greenrock Real Estate         Inc*                         KIK Custom Products Inc.   Mackenzie Investments
                                  CMLS Financial               DIfest Global            Fasken*                   Advisors/Green Group of                                                                                         MNP LLP
                                                                                                                                                Informal Systems             Kimberly-Clark Inc.        Makeship
                                  CNIB                         DLL Financial                                      Companies
                                                                                        Fathom Health                                                                                                                             Model Living
                                                                                                                                                Info-Tech Research Group     Kingsdale Advisors         Manulife
                                  Coactuate                    DoseBiome                                          GreenSky Capital Inc.
                                                                                        Ficanex                                                 Inc.                                                                              Momentum
                                                                                                                                                                             Kipling Group*             Maple Leaf Foods Inc.
                                  Coca-Cola Canada                                                                Greenspace Mental                                                                                               Developments
                                                               DRI Capital*             Fidelity Investments                                    Inside.com
                                                                                                                  Health                                                     Kira Systems*              MarkMeldrum.com
                                  Coeur Mining*                                                                                                                                                                                   Mondelez International
                                                               Driven Brands            FirePower Capital*                                      Intact Financial
                                                                                                                  Guillevin International Co.                                Klick Inc.                 Marriott International
                                  Cohesys*                                                                                                      Corporation                                                                       Morgan Stanley
                                                               DrumFIT Incorporated     Firma Foreign Exchange
                                                                                                                  H.H. Angus & Associates*                                   Kluane Partners            Marris & Miller*
                                  Coinberry*                                            Corporation                                             INTEGRA Technologies*                                                             Morrison Park Advisors*
                                                               DSGNFy Inc.
                                                                                                                  Halton Region                                              Konrad Group               MaRS Discovery District
                                  ComCap LLC.                                           Fleet Canada Inc                                        International Indigenous                                                          Mosaic Sales Solutions*
                                                               Eastwood & Cleef LLC
                                                                                                                  Haywood Securities Inc.       Speakers Bureau              Korn Ferry                 Mastercard*
                                  Commercial Bakeries                                   FlyEasy Software                                                                                                                          MPC Film
                                                               Eaton Canada
                                  Corp.*                                                                          Heliolytics Inc.              International Institute of   KPMG*                      Mattamy Homes*
                                                                                        Focused Improvement                                                                                                                       MTA Network
                                                               Ecobee                                                                           Business Analysis
                                  Connor, Clark & Lunn                                  Consulting*               Hello Prosper*                                             Kraft Heinz Company*       Mattel
                                                                                                                                                                                                                                  Munich Re
                                  Financial Group                                                                                               Inverlochy Capital Ltd
                                                                                        Fogler Rubinoff LLP*      HelloFresh Canada                                          Kwantlen Polytechnic       Mavennet
                                                                                                                                                                                                                                  Municipal Property
                                  Constellation                                                                                                 Invesco                      University
                                                                                        Format                    High 12 Brands                                                                                                  Assessment Corporation
                                  Software Inc.
                                                                                                                                                                             Lafarge Canada Inc.*                                 (MPAC)
                                                                                        Freedom 55
                                  Cormark Securities
                                                                                                                                                                                                                                  myBlueprint.ca
22 / Ivey MBA Employment Report
                                  MBA CLASS OF 2020

                                  N.S. Retisnas              Ontario Bioscience          PIMCO                      Riverside Natural Foods       SoapBox                    Teck Resources Limited*     Torq Energy Logistics Ltd.   Walmart Canada Corp.*
                                  Professional Corporation   Innovation Organization                                Ltd.*
                                                                                         Polar Asset Management                                   Sobey’s                    Telesat                     Toto Unbranded               WatrHub Inc
                                  Nanocnet Ltd               Ontario Chamber of          Partners                   Roadmunk*
                                                                                                                                                  SOHO Square Solutions      TELUS Corporation*          Totum Women                  Wayfair
                                                             Commerce*
                                  National Bank of                                       Polychain Capital          Rogers Communications
                                                                                                                                                  Sone Rovet Chasson LLP     The After 30 Podcast        TRADER Corporation           Well Grounded Real
                                  Canada*                    Ontario Die International                              Inc.
                                                                                         Pop! Events                                                                                                                                  Estate
                                                                                                                                                  Southwest Ontario          The Butcher Shoppe          TransAlta*
                                  NATIONAL Public            Ontario Non-Profit                                     Rogers Corporate
                                                                                         Power Corporation of                                     Aboriginal Health Access                                                            Well.ca
                                  Relation Inc.              Housing Association                                    Strategy and Planning                                    The Cansbridge              Transit Capital
                                                                                         Canada                                                   Centre
                                                                                                                    Group                                                    Fellowship                  Corporation                  WestJet Airlines Ltd.*
                                  nD Insight                 Ontario Regional
                                                                                         President’s Choice                                       SpaceRyde
                                                             Common Ground Alliance                                 Roots Corporation                                        The Career Foundation       Transnomis Solutions         White Pebble Ventures
                                  Neighbourli                                            Financial
                                                                                                                                                  Specialisterne Canada
                                                             Ontario Secondary                                      Royal Bank of Canada                                     The Eagle Institute         Trevali Mining               Wipro Canada Ltd.*
                                  Nest Wealth                                            Pricewaterhouse
                                                             School Teachers                                        (RBC)*                        Spin Master Ltd.                                       Corporation*
                                                                                         Coopers*                                                                            The Giampaolo Group                                      World Bank
                                  Nestle Canada Inc.         Federation*
                                                                                                                    Russell Reynolds              Sprott Capital Partners    Inc.                        Trillium Health Partners
                                                                                         Pricing Solutions Ltd.                                                                                                                       WORLDiscoveries
                                  NestReady Inc.             Ontario Securities                                     Associates
                                                             Commission                                                                           SSENSE                     The Global Fund             Trindent Consulting
                                                                                         Prime Quadrant                                                                                                                               Xello
                                  New Market Group                                                                  Ryerson Inc.
                                                             Ontario Teachers’                                                                    Stack’d Consulting Inc.    The Hershey Company         Triovest Realty Advisors*
                                                                                         Procter & Gamble                                                                                                                             Xerox
                                  Newport Private Wealth                                                            S&P Global
                                                             Pension Plan Board                                                                   Stanley Black & Decker,    The Lavin Agency            Trojan Technologies Inc.*
                                                                                         Propel Entrepreneurship                                                                                                                      XL Catlin*
                                  Next Hydrogen                                                                     Sagard Holdings               Inc.*
                                                             OPENCARE                    Centre                                                                              The Marquee Group           Trudell Medical
                                  Corporation                                                                                                                                                                                         ZS Associates*
                                                                                                                    Samsung Electronics           Stanton House                                          International
                                                             OpenText                    Property Assessment                                                                 The Medfall Group
                                  NiceJob                                                                           Canada                                                                                                            ZTR Control Systems
                                                                                         Appeal Board                                             Staples Canada                                         Tutor Doctor
                                                             Optimity Inc.                                                                                                   The Prosperity Project
                                  Nicoya Lifesciences Inc.                                                          Sanofi Pasteur Limited
                                                                                         PSP Investments                                          Stillwater Capital                                     Uber*
                                                             Optimus SBR                                                                                                     The Starfish
                                  Nightingale Group*                                                                SAP Canada Inc.*              Corporation*
                                                                                         Purpose Advisor                                                                                                 UBS Securities Canada*
                                                             Orbis Investment                                                                                                Therapure Biopharma
                                  Norima Consulting                                      Solutions*                 Sapsucker                     Stoic Advisory Inc.
                                                             Management Ltd                                                                                                  Inc.                        Unata
                                  Norland Limited*                                       Pzena Investment           Saputo Inc.*                  Stormont Advisors*
                                                             Osprey Capital Partners                                                                                         ThinkData Works             Unilever Canada
                                                                                         Management
                                  Nova Scotia Health         Inc                                                    SAS Canada                    Story City
                                                                                         QuadReal Property Group                                                             Three Hive Consulting       US BeerSAVER Systems
                                  Authority*                 Overbond                                               Schneider Electric*           Straight Up Health Inc.                                Inc.
                                                                                         Quantfury*                                                                          Thrive Health*
                                  Novartis HealthCare        Oxford Properties Group                                Scotiabank*                   Strategic Insight                                      Validere Technologies Inc.
                                  Limited*                   & OMERS                                                                                                         Throughline Strategy Inc.
                                                                                         Queen City Hemp
                                                                                                                    Scribendi Inc.                Strategy&*                                             Valitas Capital Partners
                                  Nudestix Inc               P3 Advisors Inc.*                                                                                               TJX Canada/Winners
                                                                                         Quintessentially Canada
                                                                                                                    Second Closet                 Student Works              Merchants International     Valor Distributions
                                  Nuvis Ventures (Nuvis      Pandora Canada              Race Roster                                                                         L.P.
                                  Technologies Inc)                                                                 Selling Solutions Inc.        Sum Sanos                                              Valsoft Corporation
                                                             Parkland Fuel               Rally Asset                                                                         Tom Capital Associates*
                                  Office of the              Corporation*                                           Sephora                       Sun Life Financial*                                    Venngo
                                  Superintendent of                                      Raymond James Ltd                                                                   Top Hat
                                                             Partners In                                            Septodont                     Sunnybrook Health                                      Venture
                                  Financial Institutions
                                                             Performance*                Realstar Management                                      Sciences Centre            Toronto Blue Jays
                                                                                                                    Sequoia Records                                                                      Via On-Demand Transit
                                  Okanagan Specialty
                                                             PC Urban Properties         Regional Municipality of                                 Sunnybrook Hospital*       Toronto Dominion
                                  Fruits Inc.                                                                       Setter Capital                                                                       Vintex Inc.*
                                                             Corp.*                      York                                                                                Bank*
                                  Omatic Software                                                                                                 Supervisa.AI
                                                                                                                    Shift                                                                                Vinzan International Inc.
                                                             Peak Power Inc.*            Remedy’s Eglinton                                                                   Toronto Garlic Festival
                                  OMERS                                                  Bayview Compounding                                      SV Academy
                                                                                                                    Shift Health                                             Corp                        Vistra Group China*
                                                             People Scout                Pharmacy                                                 Swift Medical
                                  Once Upon A Child -                                                               Shopify*                                                 Toronto Hydro               Voices.com*
                                  Toronto Leaside            PepsiCo                     Reprisk AG                                               SWO Angels*
                                                                                                                    SickKids Foundation                                      Toronto Region Board of     Volkswagen*
                                  One Properties             Peridot Equity              Resolver Inc.                                            Targray                    Trade*
                                                                                                                    Sidewalk Labs*                                                                       Wa Happa Inc.
                                  Onova                      Peters and Co.*             Restaurant Brands                                        Teach For Canada
                                                                                         International (RBI)*       Signal Hill Equity Partners
                                                             Petra Mayer & Associates                                                             Tealeaves
                                                             Consulting                  Rhapsody Property          Silicon Valley Bank
                                                                                         Management Services                                      TechAlliance of
                                                             Philips                                                Skylight Tools
                                                                                                                                                  Southwestern Ontario
Ivey Business School
Western University
1255 Western Road
London, Ontario, Canada
N6G 0N1

Telephone: +1.519.661.3212
Toll free: 1.866.878.4839
Fax: +1.519.661.3431

mba@ivey.ca
iveymba.ca
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