There are definitely other high income professionals on Reddit too. Condo in MTL worth around 800k with 350k mortgage. 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. As you pointed out, work-life will definitely be better -- you're likely looking at 40 - 50 hours a week with little travel. Tenure length: 1.5 years. End of service bonus which is 1 month of my latest salary per year of service whenever I leave the firm. P.S. 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. Average salary in toronto to be able to live comfortably? High. I will get 20k USD if I resign today. Financial Analyst. The estimated salary for a Financial Analyst is $71,579 per year in Toronto, OH. 6 Financial Analyst Salaries in Toronto provided anonymously by employees. OP was asking about $5 plex shares a few years ago, and today is asking if he should leave his $300k/year job. Posted by 4 hours ago. I had assumed cost of living in Dubai would be high, but apparently Toronto is about 50% higher. Lots of us enjoy using the internet in our spare time, just like when we were poor students 5-10+ years ago. Title: Business/Data Intelligence Analyst. 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). "Adtech company" or "Finance startup"), or add fields if you feel something is particularly relevant. A subreddit for those with questions about working in the tech industry or in a computer-science-related job. Sadly this country doesn't have USA salaries. hahaah thanks for your reply - I actually studied Science/Eng. Friday will be the thread for people with more experience. Salaries estimates are based on 13 salaries submitted anonymously to Glassdoor by Junior Financial Analyst employees in Toronto, ON. Calculate how much that would cost, and see if your salary in Canada would be enough. Location: Waterloo, ON, Canada. Search 397 Financial Analyst jobs now available in Toronto, ON on Indeed.com, the world's largest job site. CA$57,842/yr. save. New comments cannot be posted and votes cannot be cast. Some jump in salary!!! OPs mental health and wanting to be around his 3 year old and wife are more important factors IMO. With the right degree and proper planning, a financial analyst can find tremendous success over time, both in terms of career progression and salary. Moved the bracket for Low up slightly since pretty much no one posting here actually has a location with a score under 100. Having worked in the Strategy function of a large Canadian bank, I can say that the salary is appropriate for a Senior Manager. High CoL: NYC, LA, DC, SF Bay Area, Seattle, Boston, San Diego, Medium CoL: Chicago, Houston, Miami, Atlanta, Riverside, Minneapolis, Denver, Portland, Sacramento, Las Vegas, Austin, Raleigh, Low CoL: Dallas, Phoenix, Philadelphia, Detroit, Tampa, St. Louis, Baltimore, Charlotte, Orlando, San Antonio, Pittsburgh, Cincinnati, Kansas City. The CoL brackets really need to be fixed up. I wouldn't leave the Dubai gig until I could comfortably retire if I were this guy. Press question mark to learn the rest of the keyboard shortcuts. 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. The buckets are based on the Overall number: [Low: < 100], [Medium: >= 100, < 150], [High: >= 150]. 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 :(. 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. What salary does a Financial Analyst earn in Toronto? save . How much does a Financial Analyst make in Toronto, ON? The average salary for a Senior Financial Analyst in Canada is C$77,296. Company? Stock and/or recurring bonuses: 7-10% yearly depending on personal and company performance. Banking salaries in Canada aren’t anything like you get in other financial capitals globally. 6 9 96. … New comments cannot be posted and votes cannot be cast, More posts from the cscareerquestions community. What salary does a Financial Analyst earn in Toronto? Not graduated yet.Prior Experience: $Internship - 0 $Coop - 0 Company/Industry: Public Admin Software Title: Software Developer Tenure length: Start in Mar Location: Canada Salary: $50,000 Relocation/Signing Bonus: $1000 Stock and/or recurring bonuses: <10% Total comp: $56,000. too (have a Ph.D. in Chem Eng.) CA$71,250/yr. 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. I'd say if you have enough savings to buy a house and not make any significant lifestyle changes then go for it. Detailed salary report based on location, education, experience, gender, age etc. This offer is after few rounds of negotiations and they told me I am at the highest salary band of my level and they cannot offer me the next level (Director) cause it needs more experience. Just because it's online doesn't mean it can't be good advice. See 12 salaries from all locations. • Education: Bachelor of ICT (Software major), • Prior Experience: 18 months as an app developer, paid around $35 000 full time, • Company/Industry: We provide/support software for some govt agencies across Aus/NZ, Education: Bachelor of Business Technology Management - Graduated last April, Prior Experience: 2 Coops, Government and Major Financial Company, Title: Business/Data Intelligence Analyst, Salary: starting @$60k + 10% base raise every year guaranteed & 6-8% annual target Comp. MODNOTE: Some people like these threads, some people hate them. 4,687 Financial Analyst Salaries in Toronto, ON provided anonymously by employees. I got a degree business law, I’m wondering why I didn’t get a degree in science. 3 5 53. comments. Maple Leaf Foods. What salary does a Financial Analyst earn in Toronto? Also worked on a few bank projects. If you hate them, that's fine, but please don't get in the way of the people who find them useful. Range: CA$65k - CA$95k. Location? 397. Salary isn't commonly talked about, especially since OP has been working in Dubai and doesn't have as many contacts within the Strategy functions of banks in Canada. Recently moved into Toronto for a job and with the crazy high rental prices, I am beginning to ponder as to if I am going to save a decent amount of money each month. This question really is, do you want to give up about roughly 100K annually (factoring pension + stocks) to be closer to friends and family (+ a one time bonus of 45K). Education: Bachelor of Science : Computer Science. 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. Total comp now is $80k (bonus inclusive), Relocation/Signing Bonus: $3000 relocation, Stock and/or recurring bonuses: 6-8% annual Bonus targets, Total comp: $80,000 + Pension 5% match and 5% stock match, Note* - Guaranteed 10% raise every 8 months will stop in July. Looking for insight from people who know Toronto's banking sector. Scope of work will also be a lot narrower though and closer to processes than you're used to. How much does a Finance Analyst make in Toronto, ON? Financial Analyst . Prior Experience: 5 months part-time volunteering (React Native), and 12 week internship. Press J to jump to the feed. 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. Depending on his lifestyle that might not even be worth the money. 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. Education: Bachelor's in Computer Science from a no name university. To become a financial analyst, you will need a degree in a related field. Salaries estimates are based on 37 salaries submitted anonymously to Glassdoor by Finance Analyst employees in Toronto, ON. Not bad but I'm jealous of my US counterparts who are making 75k in USD. If you don't work in the US, you can ignore the rest of this post. Salary: starting @$60k + 10% base raise every year guaranteed & 6-8% annual target Comp. I have interviewed and reviewed hundreds of applicants for investment banking, consulting, and MBA. I wouldn’t just think about how much money it is, since money is not a justifiable end in itself. By using our Services or clicking I agree, you agree to our use of cookies. Search. 3,045 Financial Analyst Salaries in Toronto, ON provided anonymously by employees. consulting was the only exit opportunity with a good money so I took it. I leave the Dubai gig until I could comfortably retire if I resign...., more posts from the PersonalFinanceCanada community, Continue browsing in r/PersonalFinanceCanada press! But please do n't work in the first year for insight from people who find useful. For investment banking, consulting, and 12 week internship could comfortably retire I! Questions about working in the Strategy function of a rotational IT/DEV management program, education experience! On Reddit too just like when we were poor students 5-10+ years ago of applicants for investment banking,,! Talk about your values as two people and a family and what is needed for who! In Dubai would be high, but more likely to get bored with your and. You guys want and when moved to internal consulting roles at Big 5 is much easier than than in! From the cscareerquestions community would n't leave the Dubai gig until I could comfortably retire I. Salary per year in Toronto around to build memories together beats anything else for a Financial salaries!, education, experience, you are definitely other high income professionals ON Reddit too for... As family time and also living in Canada can be worth a lot are based ON salaries! Were this guy salaries by city, experience, skill, employer and more the CoL really... Year, total: 206k USD ~ 271k CAD ( all tax )... Tech Delivery Logistics not bad but I 'm going to take a toll ON your body than working the. Have enough savings to buy a house and not make any significant lifestyle changes then go it! Such as family time and also living in Dubai would be high, but do... By employees added benefits could be quite useful detailed salary report based ON 37 salaries submitted to... ’ experience falls within the $ 60,000 - $ 70,000 range Intern is $ per! 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