If you are a Canadian, the incentive to pursue an MBA and join Business Administration is high as roles in Business with a Bachelor’s degree is the 20th best-earning degree in Canada.
A Master’s degree pushes your median salary to the 3rd best in Canada with $92,050.
The interesting part is that if you have a Pharma background, switching to Business Administration would reduce your earning capacity even if you return to the Pharma industry. However, Engineers can expect to increase their earning capacity between 15 and 21% with an MBA.
Finance is the most popular post-graduate program despite the 2008 financial meltdown cutting out almost 70% jobs for Finance professionals aged 28 and below.
The unemployment rate among the group now is 6.7%, lower than the national average of 7%. The quick recovery has pushed Finance back to the top in Canada. 
The Above Post is an Excerpt from the Book - Why Canada: A Complete
Career Guide for MBA Applicants.
Download it from here.
About the Author
I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.
For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.
My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.
I am the author of the Winning MBA Essay Guide, the best-selling essay guide covering M7 MBA programs. I have written and updated the guide annually since 2013, which makes the 2026 edition the thirteenth.
The reason I still write and edit essays every cycle: a good MBA essay carries a real applicant's voice. Writing essays for F1GMAT's Books and Editing essays weekly is how I stay calibrated to what current admissions committees respond to.
Contact me for school selection, career planning, essay strategy, narrative development, essay editing, interview preparation, scholarship essay editing, or guidance documents for recommendation letters.