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What are the approximate starting salaries in CAD for roles like Software Engineer, Data Scientist, and Business Analyst after completing a Master's degree in Canada?

24 Sept 2026 · Answered by Rakshitha Muthukumar · 2 min read
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After a Canadian master's, expect roughly CAD 70,000 to 90,000 as a Software Engineer, CAD 75,000 to 100,000 as a Data Scientist, and CAD 60,000 to 80,000 as a Business Analyst. These gross starting ranges vary with your university, co-op experience, technical skills, employer, and the city you work in.

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Your starting salary in Canada after a master's depends on your role and experience, but these three tech and business paths have fairly predictable ranges. Co-op or internship experience, prior work history, and your city of employment can move your actual offer significantly within these bands.

Approximate Starting Salaries by Role

RoleApprox. Starting Salary (CAD)Rough Monthly Gross
Software Engineer / Developer$70,000 to $90,000$5,800 to $7,500
Data Scientist$75,000 to $100,000$6,250 to $8,300
Business Analyst$60,000 to $80,000$5,000 to $6,700

What Moves You Within These Ranges

  • Canadian co-op or internship experience: employers weight this heavily over the degree alone.
  • Prior professional experience: years of relevant work in India or elsewhere can push you above the entry-level band.
  • City: Toronto, Vancouver, and Montreal generally pay more, but living costs are higher too.
  • Employer type: large tech companies and banks typically pay above smaller firms and startups.

My Advice

Prioritize securing a co-op or internship during your master's over chasing the highest-ranked program alone, since Canadian work experience is often the single biggest factor recruiters look for. After graduation, your Post-Graduation Work Permit lets you work in Canada for up to three years, which is valuable both for building your resume and for supporting a future permanent residency application.

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