Majoring in Business Management in Canada

Employment prospects of Canadian business management graduates

With a management degree and a business degree known as being “multi-functional,” you can work in a lot of different fields after graduation because the skills taught in this major can be applied to almost any organization. For example, if you prefer challenges and are not afraid of risks, then you may become a partner of a startup or the head of a small company within a few years; or if you would prefer a stable and comfortable life, you can choose to be employed in a company, in an intermediate or senior management position, or as a management consultant.

》Aspects factoring into the salaries of business management graduates

As a business management graduate entering the labor market for the first time, the salary you can get can vary greatly. The difference in your salary depends on the following factors (not inclusively):

• Your education level (college, undergraduate, MBA, etc.)
• The industry in which you are employed
• The type of job you have and the level of responsibility
• The size and type of company
• If you work in management, or another direction of employment
• The location where you work
• The work experience you have
• Other skills you may have (such as English, additional accounting certificates, etc.)

》A practical example of income calculation for business management students

According toPayScale’s data report, the average salary a graduate can earn in a business management position in Canada isC$51,739 (entry-level management position). The minimum annual salary is C$34,924 and the maximum annual salary is C$93,194.

*Other reference data
According to the U.S Bureau of Labor Statistics (BLS) report:

• In 2008, the median annual salary of executive managers was $73,520. The salary information of these administrative managers comes from private company managers, hospital managers, local government positions and university or university managers, etc. BLS also stated that the highest median annual salary is in the field of private company management, where managers earn $85,980 per year.
• In 2016, the median annual salary of administrative service managers in 2016 was $90,050. Among these demographics, 25% of executive managers are on the low end and receive a salary of $66,180. This means that 75% of the salary exceeds this amount. In addition, in 2016, a total of 281,700 people were employed as administrative service managers in the United States.

》Jobs for business management graduates

Business and business management have become "multi-functional," so it really seems they will fit into any industry. We picked out some typical positions. Please note that the possibilities extend beyond this list.

• Account Manager
• Bar manager
• Business Analyst
• Department Manager
• Strategic Director
• University Admissions Director
• Entrepreneur
• Human Resources Assistant
• Human Resources Coordinator
• International Bank Manager
• Management Analyst
• Market Investigator
• Office Supervisor
• Personnel Manager
• Engineering Assistant
• Project Manager
• Project Director
• Restaurant Manager
• Sales Representative
• Small Business Owner
• Trade Commissioner

In addition, most occupations in the list require additional experience, education and training, or training and experience. So fresh graduates may not be qualified right away. For example, if you have just graduated and you want to apply for the human resources assistant position, then you must hold a Certified Human Resources Professional certificate issued by the Human Resources Professionals Association.

What do Canadian business management major students learn?

While pursuing a degree in business management, you will be trained in career-specific skills (such as management skills) and a series of "hard skills" and "soft skills," such as teamwork, cooperation and planning. These skills are highly marketable and can meet the needs of employers.
These skills and traits will help you find a career area that suits you, give you the confidence to pursue them, and the ability to succeed in these positions. (*Note: These "soft skills" valued by local Canadians are all based on proficient English. Therefore, many international students studying business majors may need to prioritize this.)

》Three business management qualifications: college diploma, undergraduate degree, and graduate degree

Like most majors, there are three main educational levels of marketing programs in Canada:

• Diploma (College): It usually takes 2 years to complete, and some require 3 years. Because of the well-balanced types of courses offered, students who perform well can access various career paths outside of the business field, and can be recruited by many different types of employers.
• Undergraduate (University): The typical business management degree education generally takes 4 years to complete. The program usually requires individuals to complete 120 hours of coursework before earning a degree. Courses include finance, human resources, workplace relations, economics, marketing, team dynamics, and other business or management courses. Courses usually include group work that requires several people to complete assignments based on traditional business operations.
• Graduate (Master): It usually takes 2 years to complete. Examples of graduate courses include a master's degree in management, a master's degree in finance (and those with some professional experience), and an MBA. The benefit of a business graduate degree is that it provides you with many entry-level positions after graduation, while also allowing an improved return on the investment in a graduate degree.

》What are the employment skills of business management graduates?

As mentioned earlier, Canadian business majors not only teach students “hard skills,” but also cultivate "soft skills." So what are these skills?

• Soft skill - Communication: Undergraduate and graduate business students are taught to read and present information in various forms, such as reports, charts, graphs and charts. They were taught to speak in a charming and concise manner. In this way, the listeners will be closely observed and can be easily understood. Learning to listen and ask questions can teach undergraduate business students to understand and appreciate the views of others.
• Soft Skill – Critical Thinking and Problem Solving: Business students learn to thoroughly assess situations, discover problems and differences. They learn how to view problems from different angles and evaluate facts without subjectivity. The education of business students is thorough, so once the solution to the problem is verified, they will take action to create solutions.
• Soft skill – Teamwork: Undergraduate and graduate business courses teach students to understand, work in different team dynamics, and ensure that the team’s goals are clear. As part of a group, students are taught to show respect and openness to the ideas, opinions and contributions of others. They are taught to lead and support their groups because during various projects and assignments, group members may encounter lack of motivation, discipline, or other problems. In some cases, conflicts within the group may be inevitable and conflicts may arise unexpectedly. In either case, undergraduate and graduate business courses prepare their graduates for management and resolution of these issues when these situations occur.
• Hard skill – Planning and Execution: Business education provides students with opportunities to develop and hone planning and execution skills. Students learn how to plan; design and implement projects from start to finish. They must learn how to define goals and outcomes, and work within budgets and time constraints. They also learn to adapt to changing needs and monitor progress.
• Hard skill – Knowledge in Canadian business law
• Hard Skill – Adaptation to Canadian Workplace Environment
• Hard Skill – Use of Numbers: Undergraduate business courses teach students how to use appropriate methods, tools and techniques to observe and record data. In their business careers, graduates can use these skills to help them determine the information and data that need to be measured and calculated.

The Best Schools for Business Management

1、University of Toronto（&nbspToronto Universities）Rotman School of Business
2、 UBC（UBC) Sauder School Of Business
3、York University（York University）Schulich School Of Business
4、University of Alberta（University of Alberta） Alberta School of Business
5、Western University（Western University） Ivey Business School
6、Queen’s University（Queens University）Smith School of Business
7、McGill University（McGill University）Desautels Faculty of Management
8、University of Waterloo（&nbspUniversity of Waterloo）Faculty of Mathematics
9、Simon Fraser University（Simon Fraser University） Beedie School of Business
10、Ryerson University（Ryerson University)