Research analysts earn about $72,000. Still got to finish my university degree, but they expect me to work full time as I finish it. save. 4,828 Financial Analyst Salaries in Toronto, ON provided anonymously by employees. Prior Experience: One Coop for 4 months but turned into wordpress work... Company/Industry: Tech Delivery Logistics. How much does a Senior Financial Analyst make in Toronto, ON? The average salary for a Chartered Financial Analyst (CFA) in Toronto, Ontario is C$61,042. CA$52k CA$72k. Having worked in the Strategy function of a large Canadian bank, I can say that the salary is appropriate for a Senior Manager. In this career guide, we will outline exactly how to become a financial analyst by networking, perfecting your resume, preparing for interview questions, telling your personal story, and mastering the art of financial modeling and business valuation.We’ve helped thousands of people become financial analysts over the years and know precisely what it takes. How much does a Junior Financial Analyst make in Toronto, ON? Range: CA$65k - CA$95k. Thanks! I had assumed cost of living in Dubai would be high, but apparently Toronto is about 50% higher. Portfolio managers earn about $101,000, senior financial analysts earn around $83,000, financial analysts earn about $62,500, and securities or investment analysts earn around $70,000. Education: Bachelor of Science : Computer Science. Salaries estimates are based on 5 salaries submitted anonymously to Glassdoor by Equity Analyst employees in Toronto, ON. Financial analyst requirements include being detail-oriented and meticulous. The average salary for a Finance Analyst is $65,195 in Toronto, ON. 6 9 96. Thanks! 2020 Salary Reference: People of Financial Careers, what are you making? How did you enjoy your work? Both my fiancée’s and my own father worked overseas during our childhood, and we both would’ve preferred having him with us more in our lives. I’d say that’s pretty reasonable for someone of your experience level. P.S. Hoping to hit 6 figures in two years and at that point only the very best University graduates can compete with me xD, Education: Bachelor of Computing : Software Engineering - Graduating in April, Two summer Internships, TAing 1st/2nd year Programming classes, No Coop, Relocation/Signing Bonus: $5000 relocation, Total comp: $87,000 + Pension 2% per year of top 5 salary years, Education: Undergraduate CS degree from top 3 Uni in Australia, Company/Industry: High frequency trading firm, Tenure length: ~8 months so far (~started around July), Relocation/Signing Bonus: ~26,000 AUD signing bonus. I would highly recommend you to explore further before taking this offer. Financial Analyst . … Detailed salary report based on location, education, experience, gender, age etc. Depending on your long-term goals, the added benefits could be quite useful. If you don't work in the US, you can ignore the rest of this post. I know everyone is pointing that he'd make less than half in Canada but he's half way across the world and travelling all the time. Sit down with your wife and talk about your long term goals. I got a degree business law, I’m wondering why I didn’t get a degree in science. Salaries estimates are based on 37 salaries submitted anonymously to Glassdoor by Finance Analyst employees in Toronto, ON. Location: Waterloo, ON, Canada. Range: CA$52k - CA$72k. Search for Specific Employer. share. If you want to be close to home and get paid you’ve got to go to New York. It's reasonable to get perspective as with taking any offer. Friday will be the thread for people with more experience. Learn about salaries, benefits, salary satisfaction and where you could earn the most. High. AMAA! Having your father around to build memories together beats anything else for a child (same goes for mothers). Profession Insights. Think I struck gold with this offer, judging from the offer my friends have received at other companies and my own research. The average salary for a Junior Financial Analyst is $48,138 in Toronto, ON. How much does a Finance Analyst make in Toronto, ON? This 100%. Company? Press J to jump to the feed. I'd say if you have enough savings to buy a house and not make any significant lifestyle changes then go for it. share. Pretty much none of the Low CoL cities mentioned have a score under 100 on http://www.bestplaces.net/ . Salary estimates are based on 36 salaries submitted anonymously to Indeed by Financial Analyst Intern employees, users, and collected from past and present job advertisements on Indeed in the past 36 months. That said progression will be slower than the 2 years between levels that you're used to. CA$57,842/yr. The average salary for a Financial Analyst is $60,527 in Toronto, ON. The buckets are based on the Overall number: [Low: < 100], [Medium: >= 100, < 150], [High: >= 150]. Note that while the primary purpose of these threads is obviously to share compensation info, discussion is also encouraged. Of course, this depends on what kind of prices OP is looking at in Toronto. The CoL brackets really need to be fixed up. A subreddit for those with questions about working in the tech industry or in a computer-science-related job. By using our Services or clicking I agree, you agree to our use of cookies. 397. Back in my consulting role, I would work on engagements that went past dinner, in banks you have people rushing back to their family at 5-6pm. Moved the bracket for Low up slightly since pretty much no one posting here actually has a location with a score under 100. Also, I just had my annual performance review and I'll be getting a 16K USD salary bump in coming June making this offer even worse financially. Also, OP isn’t old by any means, but all the air travel can definitely take a toll on your body. How did it compare to any other work you have done? You can also genericize some of your answers (e.g. share. 3 5 53. comments. Some jump in salary!!! I am apart of a rotational IT/DEV management program, Education: Bachelor of Science Computer Science. 4 8 84. Also, can someone remind me why I went into science, and not business/finance... , Probably the same reason I became an engineer...mad money and get all the girls.... oh wait :(. I wouldn’t just think about how much money it is, since money is not a justifiable end in itself. Depending on his lifestyle that might not even be worth the money. The average salary for a Senior Financial Analyst in Canada is C$77,296. too (have a Ph.D. in Chem Eng.) What kind of house and car you guys want and when. UPDATE: I decided to reject this job offer as after much thought I realized that I'll be committing a financial suicide if I accept this. Salaries estimates are based on 13 salaries submitted anonymously to Glassdoor by Junior Financial Analyst employees in Toronto, ON. Base salary starting at about $60,000 to $100,000 for the first few years, and it can increase to nearly $1-million, based on responsibilities and experience. 3,430 Financial Analyst Salaries in Toronto provided anonymously by employees. An early career Financial Analyst with 1-4 years of experience earns an average total compensation of C$58,644 based on 439 salaries. consulting was the only exit opportunity with a good money so I took it. Press question mark to learn the rest of the keyboard shortcuts. CA$71,250/yr. Banking salaries in Canada aren’t anything like you get in other financial capitals globally. 99. Same but for political science / working in the public service. 5 salaries. P.S. Visit PayScale to research senior financial analyst salaries by city, experience, skill, employer and more. I have interviewed and reviewed hundreds of applicants for investment banking, consulting, and MBA. Worklife balance of both a SM / Director at Big 5 is much easier than than working in consulting. Also, it looks like bank stocks are not doing well right now, so it could be a nice time to buy in depending on how much of your ~$11k contribution room you'd like to use up. Briefly about me - I'm 34, married with a 3yr old - I left Canada in 2015 when I finished the grad school and accepted a job offer with one of the top 3 American management consulting firms (MBB) in Dubai. Salaries estimates are based on 556 salaries submitted anonymously to Glassdoor by Senior Financial Analyst employees in Toronto, ON. I'd recommend removing the city list and restructuring the bracket: High: [150+], Medium: [105-149], Low: [<105]. By comparison I’d ignore gross and compare net. So if you end up liking the industry it's a pretty solid place to start building a career. By using our Services or clicking I agree, you agree to our use of cookies. Financial analyst salaries are somewhat consistent across the country. More posts from the PersonalFinanceCanada community, Continue browsing in r/PersonalFinanceCanada, Press J to jump to the feed. I re-signed with the company I interned with over the summer because I liked them. – Toronto, ON Area; or. The format here is slightly unusual, so please make sure to post under the appropriate top-level thread, which are: US [High/Medium/Low] CoL, Western Europe, Eastern Europe, Latin America, ANZC, Asia, or Other. Perform financial forecasting, reporting, and operational metrics tracking, analyze financial data, create financial models can expect to receive a starting salary of $70,000 and above (see Salary Guides Compensation Compensation and salary guides for jobs in corporate finance, investment banking, equity research, FP&A, accounting, commercial banking, FMVA graduates, to learn more). Average salary in toronto to be able to live comfortably? It's kind of crazy the range of salaries in this world for essentially the same job (30k to literally over 200k) but oh well, that's the world we live in. Salary: Started at $50 000, currently at $70 000 with a potential raise at my 16 month mark. Search 397 Financial Analyst jobs now available in Toronto, ON on Indeed.com, the world's largest job site. A mid-career … This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). I will get 20k USD if I resign today. There are definitely other high income professionals on Reddit too. Lots of us enjoy using the internet in our spare time, just like when we were poor students 5-10+ years ago. One other thing is that the internal consulting groups are usually an area that the business units / product lines like to recruit high performers from. Salary: starting @$60k + 10% base raise every year guaranteed & 6-8% annual target Comp. My current salary is great for a new grad though especially since I do not have a full degree and atleast two years less than students from University. 6 Financial Analyst Salaries in Toronto provided anonymously by employees. It’s a massive difference. For those who know the banking sector in Toronto, is this a competitive offer? Average salary for Financial Analyst(Canada) is CA$ 61,507 (US$ 55,847). UPDATE: I decided to reject this job offer as after much thought I realized that I'll be committing a financial suicide if I accept this. I also saw a fair bit of senior folks who had jumped between banks in their careers, so just because you start at Scotia, doesn't mean that you can't diagonal up to a role at another bank later on. Just because it's online doesn't mean it can't be good advice. 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