What starting salary can I expect after an MBA at Rotman or Ivey, and how fast will I recover my costs?
Rotman MBA graduates reported an average starting salary of CAD 121,889 and Ivey graduates around CAD 123,932, compared with a blended Canadian MBA average of CAD 80,000 to 100,000. At top-tier schools, payback is roughly 2 years with a strong first role.
Rotman graduates reported an average starting salary of CAD 121,889 (approx INR 82.41 L), with 92 percent employed within six months, while Ivey graduates averaged CAD 123,932 (approx INR 83.79 L). At these top-tier schools, payback is roughly 2 years if you land a strong first role.
Salary comparison
| Group | Average starting salary |
|---|---|
| All Canadian MBA programmes (blended average) | CAD 80,000 to 100,000 (approx INR 54.09 L to 67.61 L) |
| Rotman graduates | CAD 121,889 (approx INR 82.41 L) |
| Ivey graduates | CAD 123,932 (approx INR 83.79 L) |
Payback period
Top-tier tuition is roughly CAD 136,000 to 145,000 (approx INR 91.95 L to 98.03 L) against a starting salary near CAD 120,000, which points to a payback of about 2 years, shorter than the 2 to 4 years often quoted for the segment as a whole. At McGill or a mid-range school, lower tuition and a similar or slightly lower salary keep payback in a comparable range. At budget schools, payback can happen within a year or two.
Match the salary figure to the tier of school you are actually considering, because the blended average understates top-school outcomes.
My Advice
Treat reported salaries as averages, not promises, since your result depends on your role, industry and experience. Calculate payback using your own total cost, including living expenses, before you commit to an expensive programme.
This information is available on: rotman.utoronto.ca, ivey.uwo.ca
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