IVEY MBA 2025

Detailed Analysis of the IVEY MBA Employment Report

The IVEY MBA program at the Ivey Business School, Western University, is a prestigious MBA in Canada known for its exceptional career outcomes and rigorous academic environment. The MBA Employment Report for 2023 provides a comprehensive overview of the program’s effectiveness in placing graduates into rewarding careers, highlighting key statistics, industry engagements, and the robust support provided by the Career Management team.

Key Highlights from the IVEY MBA Employment Report 2023

• High Placement Rates:

  • 92% of students received at least one job offer within six months of graduation.

  • 89% secured offers by September 15th, 2023, with a reporting rate of 92%.

• Compensation:

  • Average Base Salary: $131,282

  • Average Signing Bonus: $21,284

  • Average Total Compensation: $148,478 (including base, signing bonus, and other guaranteed compensation).

Industry Placement

The IVEY MBA graduates found opportunities across a diverse range of industries, demonstrating the program’s versatility and the high demand for its graduates.

• Top Industries:

  • Consulting: 20%

  • Financial Services: 26%

  • Technology: 11%

  • Other Industries: 43% (including healthcare, consumer products, energy/resources, entertainment, and more)

Employment by Function

• Consulting/Corporate Strategy: 64%

• Finance: 10%

• Leadership Development/Rotational Programs: 12%

• Other Functions: 14% (including general management, marketing, operations/logistics, product management, R&D, and sales/business development)

Geographic Distribution

• Canada: 88%

  • Toronto/GTA: 69%

  • Calgary: 5%

  • London: 5%

  • Other Canadian Cities: 9% (including Halifax, Montreal, Orillia, Regina, Sarnia, Vancouver, Victoria)

• International: 12% (including the USA, Ecuador, France, and UAE)

Class Profile

• Average Age: 28.5 years

• Age Range: 24-35 years

• Average Years of Work Experience: 5.5 years

• Gender Diversity: 35% women

• International Representation: 22% non-Canadian students from countries including India, Pakistan, Nigeria, China, France, Peru, Vietnam, and the Philippines.

Career Transitions

• Significant Career Transitions:

  • 96% of graduates made at least one career transition (change in industry, function, and/or geography).

  • 72% made at least two career transitions.

  • 42% made three career transitions.

Employer Engagement

• Companies with Employment Acceptance: 57 companies

• Companies Posting Jobs: 119 companies

• Top Hiring Companies: Accenture, Bain & Company, BCG, Deloitte, EY, KPMG, McKinsey & Company, and PwC.

Compensation Breakdown by Industry and Function

• By Industry:

  • Consulting: Average base salary $156,820, median $180,000

  • Financial Services: Average base salary $102,933, median $100,000

  • Other Industries: Average base salary $95,868, median $95,000

• By Function:

  • Consulting/Corporate Strategy: Average base salary $148,332, median $160,000

  • Finance: Average base salary $107,000, median $102,500

  • Leadership Development/Rotational Programs: Average base salary $98,000, median $97,000

  • Other Functions: Average base salary $100,891, median $95,500

Career Management and Support

• The IVEY Career Management team provides unparalleled support, guiding MBAs through the recruitment process and helping them develop the skills needed for their post-MBA careers.

• Source of Employment:

  • School-Facilitated: 57% (including career management postings, alumni and corporate partner networking, referrals, and faculty recommendations)

  • Graduate-Facilitated: 31% (including personal networks, previous employers, and executive recruiters)

Alumni and Corporate Engagement

The IVEY MBA program benefits from a strong alumni network and robust corporate partnerships, providing students with ample networking opportunities and support throughout their career journeys. Alumni and employers from various sectors actively engage with students through events such as coffee chats, networking sessions, and office visits.

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The IVEY MBA program stands out as a top MBA in Canada, delivering impressive career outcomes and high compensation levels for its graduates. The program’s strong emphasis on leadership, case-based learning, and career support ensures that students are well-prepared to make significant career transitions and achieve their professional goals.

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Interested in taking the next step towards an IVEY MBA? Connect with GOALisB MBA Admission Consultants for personalized guidance on your application process. Our expert consultants will help you highlight your strengths, craft compelling essays, and prepare for interviews to increase your chances of success.