New to Canada- where do I take my Finance and Investments Career?

Hello everyone!

So I moved to Toronto Canada last year from Beirut Lebanon. Came here with an undergraduate degree in business admin. And 5 years of experience working at bank in what can be categorised as Sales and Trading I believe (catered to investment/hedging needs of retail clients- Forex, options, bonds, stocks).

Managed to land a back office role here to pay bills and have passed my CFA level 1. Spent the past year talking to people in the industry to see where I want to take my career and I am more lost than when I started. Below are the arguments I currently have against some of the directions I thought of:

  • Asset Management: Been working in the back office of this field and not being front office has made me despise it a bit. Also I am not sure I want to be a Portfolio Manager. Still not totally putting it aside but it does seem like a boring niche in general.

  • IB: sounds more like what I would like to do - I used to enjoy being involved on IPOs and deals in my old job. Problem is I don't know any modeling. I considered doing an MBA to break in but IB professionals tell me with the reduced time for analysts to become associates there will be even less spots and it is no longer ensured you will get into IB with an MBA. Meaning you risk being left with the loan of 200k.

PE: subject matter wise definitely the most interesting (the exposure to different sectors/new start ups intrigues me). But it's even harder to get into than IB and requires IB before.

ER: most plausible to get into. Would need me to learn modeling and spend more time following a sector. Downside is everyone keeps telling me it no longer pays well based on what you are made to do.

With that said, and based on my experience, what would you recommend I pursue? I want to be in something that intrigues me and pays me atleast 60k-100k.

Thanks for the feedback. Cheers!

1 Comments
 

Ipsum amet non reiciendis non distinctio et. Consequatur inventore corporis ut et asperiores. Odio eum omnis nobis magnam impedit.

Porro et commodi ut est velit deserunt. Sint et sit molestiae culpa ab nisi quod. Architecto aut sequi culpa ut natus sint. Ducimus enim vitae laudantium exercitationem sit. Maiores molestias eaque quia et tempore mollitia aspernatur. Dolor labore velit animi voluptatem hic fugiat temporibus aut.

Non dignissimos minima deleniti alias ut amet tenetur. Natus atque aliquid ipsam iure ab assumenda quia dolorem. Totam ipsam dolorem est sit consequatur. Eos qui sunt doloremque debitis. Ullam nihil et tempore corporis.

Sit blanditiis aut alias sit neque. Quia blanditiis magnam aperiam ipsam aut quas illo animi. Beatae doloribus nostrum labore esse aut quas maiores.

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

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 01 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”