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Average Salary After MS in Canada 2025 - Earnings, Top Roles & How to Maximize

By Rakhee Talukdar

Updated on Jul 04, 2025 | 1.3K+ views

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Canada is one of the most popular countries for international students to study their Master’s (MS) degree, especially in fields like Computer Science, Engineering, Data Science, and Healthcare. Along with top-ranked universities and quality education, students also look at the average salary after MS in Canada and the job opportunities available.

The good news is, after completing MS from a Canadian university, students can earn competitive salaries and find jobs in both local and global companies. For example, professionals like Software Engineering Managers, Data Scientists, and Healthcare specialists can earn anywhere between CAD 75,000 to over CAD 300,000 depending on their field, skills, company, and location. Big cities like Toronto, Vancouver, and Calgary offer higher salaries but also come with a higher cost of living.

Also, many top companies like Amazon, Google, Deloitte, IBM, and RBC actively hire MS graduates in Canada. The country also has a strong job market in areas like Tech, Finance, Pharma, and Research, which opens many career paths for students after their degree.

In this article, we’ll look at the highest-paying jobs, popular MS courses in Canada, average salaries by province, top recruiters, and what factors affect your earnings after completing an MS in Canada.

Highest Paying Jobs After MS in Canada

Here are some highest-paying jobs in Canada after MS:

Software Engineering Manager

Developing and creating software programs or applications are overseen by software engineering managers. Additionally, a Software Engineering Manager will serve as a point of contact for several departments to ensure that the application requirements are satisfied. The technical knowledge of programs is essential for software engineering managers, but they must also be able to convey it to other company executives concisely.

Software Architect

Designers of software program components are known as software architects. The coding standards of any program being built are crucial for decision-making at a high level, and software architects play a vital role in this. To ensure that software products satisfy operational needs, a software architect will also collaborate with company management.

Data Scientist

Large-scale digital data collection and analysis are the work of a data scientist. Data scientists use this data to assist firms in making informed decisions that will support corporate growth. A data scientist typically collects and analyzes information from websites, content management systems, or other internal software, which is then done using scientific procedures and methods.

Chief Marketing Officer

A company’s marketing plans and objectives are supervised by a chief marketing officer. Through numerous tactics, chief marketing officers help businesses cut expenses while increasing income. Initiatives like digital media, print advertising, and Google Adwords are examples of online & offline marketing strategies that a chief marketing officer needs to be familiar with.

Dentists/Orthodontists

Dentists with specialized training to fix crooked teeth are known as orthodontists. Additionally, they aid in the detection and treatment of irregular bite patterns. Most orthodontists use braces, retainers, or other dental appliances in their work.

Anesthesiologist

A key player on the surgical team and a specialist doctor is the anesthesiologist. During operation, anesthesiologists keep patients secure and asleep. A specialist in anesthetic medications and pain control is an anesthesiologist.

Physician

A doctor who treats and diagnoses patients is known as a physician. Physicians come in a wide variety of subspecialties. As a doctor, you may choose to work in a family practice, hospital, or specialty clinic.

Surgeons

Medical professionals who conduct surgery on patients are known as surgeons. To treat an infection, a broken bone, or another condition, a surgeon must cut open a patient is body. Many administrative tasks, rounds, and post-operative care assistance are part of a surgeon’s job description.

Cardiologist

A doctor specializing in the heart and cardiovascular system is known as a cardiologist. Cardiologists treat conditions like atrial fibrillation, hypertension, coronary heart disease, and excessive blood pressure. Cardiologists identify, treat, and aid in the prevention of cardiovascular disorders.

Psychiatrist

A doctor who focuses on mental health problems and diseases is called a psychiatrist. Mental, emotional, and behavioral illnesses are diagnosed, treated, and helped to prevent by psychiatrists. The ability to write prescriptions for their patients’ medications distinguishes psychiatrists from other medical professionals.

The following table showcases the average salary by profession-

Profile Avg Salary (CAD/year)
Software Engineering Manager CAD 144,300 base; ~CAD 164,000 total
Software Architect ~CAD 150,000
Data Scientist ~CAD 100,000
Chief Marketing Officer (CMO) CAD 200,000–CAD 220,000+
Dentist / Orthodontist CAD 120,000–CAD 160,000
Anesthesiologist CAD 305,000 
Physician (General Practitioner) CAD 200,000–CAD 220,000
Surgeon CAD 300,000+
Cardiologist CAD 300,000–CAD 400,000
Psychiatrist CAD 310,000 

Source: Glassdoor & Indeed Canada

Average Salary After MS in Canada: Popular Courses

MS in Computer Science in Canada

This is one of the highest-paying MS courses in Canada. Students who study MS in Computer Science mostly get jobs in big tech companies or startups.

  • Average salary: CAD 75,000 – CAD 110,000
  • Top roles: Software Developer, AI Engineer, Machine Learning Engineer, Data Scientist

MS in Data Science / Analytics in Canada

MS in Data Science in Canada is very popular now. Companies need people who understand data and can give useful insights.

  • Average salary: CAD 70,000 – CAD 100,000
  • Top roles: Data Analyst, BI Specialist, Data Engineer 

MS in Engineering in Canada

If you do MS in Engineering, you can work in many industries – from construction to manufacturing. Some provinces pay more than others.

  • Average salary: CAD 65,000 – CAD 95,000
  • Top roles: Mechanical Engineer, Civil Engineer, Electrical Engineer

MS in Business / Finance in Canada

MS in Business or Finance can help you get into the banking sector, finance firms, or even startups. Salary depends on your role and company.

  • Average salary: CAD 60,000 – CAD 90,000
  • Top roles: Business Analyst, Financial Analyst, Management Consultant 

MS in Health / Life Sciences / Pharmacy in Canada

If you are into health and medical research, MS in Life Sciences or Pharmacy gives decent job options. It is a good course for people planning long-term careers in healthcare

  • Average salary: CAD 55,000 – CAD 80,000
  • Top roles: Clinical Researcher, Pharmacologist, Health Policy Analyst

Average Salary After MS in Canada – By Province

The average salary after MS in Canada also depends a lot on which province you are working in. Some places pay higher because of more job demand or higher cost of living.

Province Average Salary (CAD) Top Hiring Cities Popular Industries
Ontario CAD 70,000 – 110,000 Toronto, Ottawa, Waterloo Tech, Finance, Consulting, Healthcare
British Columbia CAD 68,000 – 100,000 Vancouver, Victoria Tech, Life Sciences, Film & Media
Alberta CAD 65,000 – 95,000 Calgary, Edmonton Oil & Gas, Engineering, Tech
Quebec CAD 60,000 – 90,000 Montreal, Quebec City AI, Aerospace, Pharma, IT
Manitoba CAD 55,000 – 80,000 Winnipeg Healthcare, Agriculture, Logistics
Nova Scotia CAD 52,000 – 75,000 Halifax Education, Healthcare, Government
Saskatchewan CAD 53,000 – 78,000 Regina, Saskatoon Mining, Engineering, Research
Newfoundland & Labrador CAD 50,000 – 75,000 St. John’s Oil & Gas, Health Sciences

Factors Affecting MS Graduate Salaries in Canada

Many things affect how much salary you get after doing an MS in Canada. Below are the most common ones:

  • Field of Study: Some courses, like Computer Science, Data Science, or Engineering, usually offer higher salaries than others, like Arts or Social Work.
  • City or Province of Work: Big cities like Toronto, Vancouver, and Calgary usually pay more, but they also have higher living costs.
  • Company Reputation (Startup vs MNC): Multinational companies (MNCs) often pay better than small startups, but some startups also offer high packages if they grow fast.
  • Work Experience or Internships: If you have internship experience or worked in part-time jobs in Canada during studies, it helps a lot in getting a better salary offer.
  • Skills and Certifications: Extra certifications in tools or software (like Python, Tableau, AWS, etc.) can help you get more money.
  • University Ranking: Graduates from top-ranked universities like UofT or McGill University usually get better starting offers, but it is not the only thing that matters.

Top MS Courses in Canada

Doing a master’s in Canada can be very useful for your professional career as they have well-equipped faculty and resources. 

Some of the top master’s courses to opt for are: 

  • Master of Science in Computer Science
  • Master of Business Administration
  • Master of Science in Orthodontics
  • Master of Science in Periodontics
  • Master of Science in Prosthodontics
  • Master of Science in Dentistry
  • Master of Management in Artificial Intelligence
  • Masters in Data Science and Artificial Intelligence 
  • Master of Science in Data Science and Analytics
  • MSc in Psychology
  • MSc Environmental Science
  • MSc in Food Science
  • MSc in Chemistry

Top Organizations to Work For After Masters in Canada

The top organizations that offer jobs to master’s graduates in Canada are as follows:

  • Amazon
  • Deloitte
  • IBM
  • Ericsson
  • WSP
  • SAP
  • HSBC
  • RBC
  • McCarthy Tetrault
  • Clyde & Co.
  • Goldman Sachs
  • Hospitals
  • Labs

Top Universities for Masters in Canada

The top universities in Canada that offer the best-in-class education are listed below according to the QS University Global Ranking 2026.

University QS 2026 Rank
McGill University 27
University of Toronto 29
The University of British Columbia 40
University of Alberta 94
Université de Montréal 168
McMaster University 173
University of Waterloo 119
Western University 151
University of Calgary 242
Queen’s University at Kingston 246

Top MS Graduate Recruiters in Canada 

Many top companies in Canada hire MS graduates from different fields. The table below shows a list of some of the top recruiters in Canada that hire MS graduates. 

MS Course Top Recruiters in Canada Popular Job Roles
MS in Computer Science / IT Google, Amazon, Microsoft, Shopify, IBM, CGI, SAP Canada Software Developer, Data Scientist, AI Engineer, Cloud Engineer
MS in Data Science / Analytics Accenture, IBM, Capgemini, ZS Associates, Deloitte, McKinsey Data Analyst, BI Specialist, Machine Learning Engineer, Consultant
MS in Engineering Bombardier, SNC-Lavalin, AECOM, WSP, Magna International, Hatch Mechanical Engineer, Civil Engineer, Electrical Engineer
MS in Business / Finance RBC, TD Bank, Scotiabank, KPMG, Deloitte, PwC, EY Business Analyst, Financial Analyst, Management Consultant
MS in Life Sciences / Health Apotex, Sanofi, GSK, Health Canada, Toronto General Hospital, Sunnybrook Clinical Researcher, Health Policy Analyst, Pharmacologist

Conclusion 

After completing an MS in Canada, graduates can expect an average starting salary between CAD 65,000 and CAD 86,000 per year, depending on the field and experience level. 

High-demand sectors like computer science and data science offer even higher averages, with roles such as data scientist and software engineer earning up to CAD 89,000–110,000 annually for experienced professionals. 

Salaries typically increase with experience, advanced skills, and specialization. If you want personalized advice on maximizing your salary and choosing the right MS program, connect with upGrad experts.

FAQs

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Rakhee Talukdar

Global Education Expert |190 articles published

Rakhee Talukdar is an edtech expert with five years of experience in the education technology sector, focusing on K-12 and higher education systems in various countries, including Canada, USA, Finland...

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