Finance/Accounting Jobs Outside of IB in Canada

I was wondering if anyone knew what jobs outside IB looked like in Canada. Toronto overall has less of a finance scene than NY so I had a few questions.

1- What finance related job do most people go into besides banking in Canada?

2- What's PE, HF, PWM, Financial Analysis, Corporate Finance, Corporate Development and Asset Management like in Toronto?

3- Is consulting as developed as IB in Canada? Is it mostly at the Big 4 or is there a lot of MBB presence?

4- Accounting in Canada has extremely low salaries compared to the U.S, is it the same for PWM, Corp Finance, and other non-IB finance jobs?

Thanks

4 Comments
 

Hi bakerbanker, just trying to help:

  • From Private Equity Associate to VP in Private Equity a little above what you'll find in investment banking, something north of $100k. Private Equity ... is far, far more difficult than investment banking. In order to get into private equity, it's ... Associate vs Investment Banking Associate Why go through the hassle
  • Overview of Infrastructure Private Equity a lot of fund managers competing for deals in all regions globally. And infrastructure isn't ... players that invest in infrastructure, can be broadly divided into fund management firms (either dedicated ... asset managers or fund management arms of big diversified banking
  • Here are the Target Undergraduate Schools in Canada to energy-related finance and IB in Alberta. The PRIME program (which manages an Investment Fund like ... doesn't crack the top 3. I've seen a lot of posts asking about target schools for finance in Canada ... less going on here than in Toronto and Calgary. Vancouver has a lot of
  • Private Wealth Management/Private Banking Guide for Associates Management? Private Wealth Management or Private Banking is the management of the assets of ultra high net ... Banks, independent asset management firms and third party consultants are very involved in Private Wealth ... decreased. Private
  • Out of Investment Banking, Hedge Funds, Private equity and Venture capitalist etc, People in which industry make most money? Out of Investment Banking, Hedge Funds, Private equity and Venture capitalist, Consulting firms, ... Prop Trading, Asset Management, corporate finance and Recruiting firms, and other Finance industries(if ... I missed any) People in which industry make most money? ...
  • QQ-Finance/Accounting Internships at F500 Companies Quick question: What do the finance/accounting internships at F500 companies such as IBM, HP, GE ... exactly I'm applying to when applying to these F500 junior finance/accounting roles. Thanks a lot, ... and if anyone knows of any other corporate development, FO internships at these F500 companies, ...
  • Ask me anything: I'm a private equity associate in Canada and help out with any questions about working in / recruiting at investment banks, private equity and ... hedge funds in Canada. I graduated from a non-target in Canada, worked at a Canadian bank for two years ... and have been working in private equi
  • More suggestions...

No promises, but sometimes if we mention a user, they will share their wisdom: gendtt ThetaMan @S3V3N30"

You're welcome.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Qui qui sit debitis facilis a voluptatem. Ab vitae delectus officiis saepe possimus omnis. Dolor eos voluptatem ut labore. At et cupiditate libero. Explicabo cupiditate dicta enim repudiandae voluptates aperiam mollitia ipsa. Et ut autem et architecto nobis aut totam.

Eos ad tempora minima incidunt totam iure libero voluptatibus. Fuga quia qui culpa non. Porro recusandae dolores quam laudantium alias expedita.

Wise Men Listen & Laugh While Fools Talk

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”