Ivey HBA vs Econometrics And Quantitative Economics major in USA

Ivey HBA vs Econometrics and Quantitative Economics degree at USA

Undergraduate in Canada Or The USA

Hey! I’m a prospective intl student from India who just entered grade 12 and has commerce stream . I want to get into the in finance industry in Canada or USA (won’t mind working in any one of these two places).I have spent tons of hours on the internet researching about undergraduate programs of different universities in usa and canada,starting salaries etc.
(CORRECT ME IF IM WRONG)
At first I was dead set at going to canada for the HBA program At Ivey and wasn’t even considering the US due to it’s stringent immigration policies,moreover as business is a Non-STEM major I would just be getting 1 year of stayback after my undergrad but after talking to some ppl in my school i’ve taken usa into reconsideration,and thinking about taking up the Econometrics and Quantitative Economics course at some affordable universities like USF tampa,UC san Diego (or some target or semi targets that cost identically) which will cost me approximately the same as Ivey,my budget for tuition fees is 35000 usd,I’m not even taking Ivy leagues into consideration because first of all I wouldn’t be able to get into those universities and second if all even if I get into them they are WAY out of my budget.I still am inclined towards canada as its way easier to settle in Canada after graduation as compared to USA where throughout my undergraduate I would have the uncertainty that in order to settle here an employer would have to sponsor me.Upon graduation from Ivey the average salary is 70k which sounds pretty good to me.
I just wanna know what is better for penetrating into finance Econometrics and Quantitative Economics course at affordable universities or Ivey hba in Canada and is going to USA for the extra prestige or better salaries worth over the easy immigration of Canada.

 
Most Helpful

As a Canadian, let me give you my opinion on the Canadian landscape (I know nothing about US so maybe someone else can chime in).

Ivey is one of the best/if not the best schools for finance in Canada so you position yourself great for the Canadian job market. A few things to note, you will have to do two years at Western (major in anything) then apply again to HBA (even if you have AEO but will pretty much guarantee you a spot if you meet all the requirements) so there's that which some people, that no problem and for other, it can be.

The thing with finance in Canada is that the market is so small and the candidates are really strong. For example, the Big 5 banks might each take 30-40 front office people for summer internships and the BB/EB take maybe take like 5 (1-3 for IB). So there aren't a TON of positions so you will have to make sure you have a strong GPA, have great EC, and show you made an impact, great experiences (i.e., summer internships), and network hard. Sometimes I see with Int students is that they struggle with these high finance jobs/consulting because of the language barrier so ensure that you are able to communicate effectively.

For the 70K at Ivey, that is true but from what I see, it's about the top 30% (if that) that have the really high paying jobs in consulting, private equity, IB, other high front office roles, SW engineering and so on that can heavily skew it as all those people are making 90-100+K.

You will have to work hard but Ivey will open a lot of doors and allow you to have Ivey specific recruiting that will make things easier but then you will be competing with your 660 classmates for those positions (obviously not all of them want finance though but I say at least 1/3 do),

If you want Canada, Ivey is a great choice! Happy to answer any Q's that you have too.

Best of luck!

 

Would you say finance recruiting in Canada is more difficult than in the USA? Also considering Ivey/Queens vs semi-targets in the USA as an intl student.

 

i also have the Completely same question but the thing is even if usa’s semi targets are a lil better I’d still go to canada because of the relaxed immigration policies as compared to the usa,on top of that i would have to study econometrics major in the usa (as it is stem integrated) to get a better shot at staying in the country after bachelors

 

From my experience, I would say they are relatively similar in difficulty but you put yourself in a better position going to Ivey/Queens than a semi-target in the US.

In the US, there are so many positions and a lot of banks to choose from (BBs, EB, MM, and boutiques that do really well). US is so large so there are many regions hiring as well but their are a TON of qualified candidates from all over.

Canada, there are a lot fewer spots and banks to choose from, and there are only really 4 regions you can really go to (Vancouver, Calgary, Toronto and Montreal) with Toronto taking the most by far. Fewer candidates but many top candidates that are just as strong as some of the top US candidates so you have to work really hard to secure a position.

Of course, this is only my opinion so take it with a grain of salt.

 

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