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I'm a senior in high school thinking about where I should go for College. I'm originally from Toronto but moved to Detroit in middle school. Right now, I'm trying to decide whether or not I should go to school in Canada. I'm hoping on getting in to the University of Michigan and going to Ross but in case I don't get in, I would like to go to the University of Toronto. I wanted to know if American consulting firms actually recruit people from the University of Toronto. Also, how is the consulting scene in Canada? How does salary, competitiveness, and lifestyle differ? Thank you.

Comments (14)

  • asiamoney's picture

    Where do you eventually want to work? It'll be easier to get a job in the U.S. if you go to school in the U.S., and easier to get a job in Canada if you go to school in Canada.

  • In reply to asiamoney
    ParambirBajwa's picture

    asiamoney wrote:
    Where do you eventually want to work? It'll be easier to get a job in the U.S. if you go to school in the U.S., and easier to get a job in Canada if you go to school in Canada.

    That's something I would have to decide. I'm not one hundred percent sure yet. I grew up in Canada but I also love it in the United States. The main deciding factor would be if a consultant lifestyle and salary was significantly worse than in the United States. Do you have any insight to this? Thanks.

  • asiamoney's picture

    I think that salaries at McKinsey in Toronto versus McKinsey in U.S. regional offices (non-NYC) should not be too different, for instance, though there may be some gap. However, the thing is that there are simply a lot more good consulting opportunities available in the U.S. than in Canada overall due to the market size. Not all good firms have a substantial presence in Canada/recruit heavily.

    As well, while it may be possible for you to recruit at a U.S. school and get placed in a Canadian office for MBB if desired (easy for them to do since they're flexible and you already have Canadian citizenship), it will be very hard to land a U.S. role from a Canadian school, though many try to.

    Basically: if you can get into a target or semi-target U.S. school and succeed well academically, you will have many more options overall than if you go to school in Canada. If you don't get in, then I think you would be best served by going to a top-tier Canadian school (Queens/Ivey). I've actually heard some negative things about recruiting opportunities from University of Toronto in comparison with Queens/Ivey but have no basis to confirm that myself.

  • asiamoney's picture

    To be honest, you should make sure to apply to all the best schools in both the U.S. and Canada, as well as enough back-ups, wait for results, and then people will be able to give you more specific advice on which options will offer you the best recruiting opportunities. I know the whole college app thing is very stressful... good luck!

  • hobonumber's picture

    I've worked with several Canadians based out of US offices on casework (MBB), all of them either graduated from Ivey, or Queens. Again, small sample size. For what it is worth, been to the Toronto office, and most of them graduated from one of those 2 schools, or some US schools (the usual suspects).

  • In reply to asiamoney
    Acheron's picture

    asiamoney wrote:
    As well, while it may be possible for you to recruit at a U.S. school and get placed in a Canadian office for MBB if desired (easy for them to do since they're flexible and you already have Canadian citizenship), it will be very hard to land a U.S. role from a Canadian school, though many try to.

    This is exactly true. HUGE uphill battle to get put through the process with a US office if you're recruiting in Canada.

    Also regarding recruiting UofT, firms will go to campus, but won't extend too many offers. Toronto offices for MBB are generally ~80% Queen's + Ivey.

    Regarding lifestyle...I think lifestyles are fairly consistent based on geography. East coast works harder than west coast. People in Chicago are happy.

  • Marco_Salinas's picture

    just think if where school you really want to enroll and after that you can decide where you are going to apply for work. Surely you apply right on the area where you lived or study to get the best job ever for yourself.

  • mrb87's picture

    Let's back up here.

    You're in high school. Relax and apply to all the best schools you'd want to go to, and worry about landing a job in 3 years.

  • AnalyzeThat's picture

    If you are unsure, UoM is the way to go. Apply to other US schools in addition to UoT and see what happens. If you get multiple offers, then worry about it.

  • In reply to asiamoney
    ParambirBajwa's picture

    asiamoney wrote:

    Basically: if you can get into a target or semi-target U.S. school and succeed well academically, you will have many more options overall than if you go to school in Canada. If you don't get in, then I think you would be best served by going to a top-tier Canadian school (Queens/Ivey).

    Which American schools would you say are semi-targets? I don't know anyone in consulting and my counselor at school doesn't know much about consulting either. Thanks for the help.

  • CanadianConsultingGuy's picture

    The MBB in Canada recruit largely from Queen's Commerce and Ivey's HBA (for Toronto jobs), and to a lesser extent from McGill and HEC Montreal (primarily for BCG and McKinsey's Montreal offices). Both UBC and UofT also get a few spots, though both are far less consistent.

    While you can certainly get an MBB job in Canada with Michigan, offices is Canada have a significant number of alumni from the schools listed above, thus limiting networking opportunities. Also, Queen's or Ivey, at the undergraduate level, are arguably better business schools.

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