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. To become a financial analyst, you will need a degree in a related field. I am apart of a rotational IT/DEV management program, Education: Bachelor of Science Computer Science. Posted by 4 hours ago. Education: Bachelor's in Computer Science from a no name university. The estimated salary for a Financial Analyst is $71,579 per year in Toronto, OH. 2020 Salary Reference: People of Financial Careers, what are you making? Financial analyst salaries are somewhat consistent across the country. too (have a Ph.D. in Chem Eng.) To determine cost of living buckets, I used this site: By using our Services or clicking I agree, you agree to our use of cookies. OP was asking about $5 plex shares a few years ago, and today is asking if he should leave his $300k/year job. Think more about your values as two people and a family and what is needed for those values to be fulfilled. Maple Leaf Foods. How did you enjoy your work? How to Become a Financial Analyst. 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. 864 comments. You can also genericize some of your answers (e.g. Press question mark to learn the rest of the keyboard shortcuts. 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). Your comp package seems reasonable for the level. Salaries estimates are based on 900 salaries submitted anonymously to Glassdoor by Financial Analyst employees in Toronto, ON. That said progression will be slower than the 2 years between levels that you're used to. So if you end up liking the industry it's a pretty solid place to start building a career. 2 6 62. comments. Obviously, from the financial standpoint, the offer is way below what I am making now but I might be interested in accepting the offer to move back to Canada and be closer to friends and family and have a better work-life balance. 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. They definitely expect a lot from us in return, however. Search 1,626 Analyst jobs now available in Toronto, ON on, the world's largest job site. Stock and/or recurring bonuses: 7-10% yearly depending on personal and company performance. Salaries estimates are based on 5 salaries submitted anonymously to Glassdoor by Equity Analyst employees in Toronto, ON. I got a degree business law, I’m wondering why I didn’t get a degree in science. A subreddit for those with questions about working in the tech industry or in a computer-science-related job. hahaah thanks for your reply - I actually studied Science/Eng. Looking for insight from people who know Toronto's banking sector. Search 1,473 Finance jobs now available in Toronto, ON on, the world's largest job site. Search. Location? The average salary for a Financial Analyst in Canada is C$59,365. 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. Friday will be the thread for people with more experience. Cookies help us deliver our Services. 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. Worklife balance of both a SM / Director at Big 5 is much easier than than working in consulting. CA$57,842/yr. Tenure length: 1.5 years. Salary: starting @$60k + 10% base raise every year guaranteed & 6-8% annual target Comp. By comparison I’d ignore gross and compare net. The average salary for a Chartered Financial Analyst (CFA) in Toronto, Ontario is C$61,042. Depending on his lifestyle that might not even be worth the money. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Having your father around to build memories together beats anything else for a child (same goes for mothers). 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. If you don't work in the US, you can ignore the rest of this post. Salaries estimates are based on 556 salaries submitted anonymously to Glassdoor by Senior Financial Analyst employees in Toronto, ON. I have interviewed and reviewed hundreds of applicants for investment banking, consulting, and MBA. Prior Experience: One Coop for 4 months but turned into wordpress work... Company/Industry: Tech Delivery Logistics. save. When you consider the average pay for various CFA positions, the most highly paid work as a chief financial officer earns on average about $167,000 a year. Top paying provinces are Ontario, Alberta and BC. How much does a Equity Analyst make in Toronto, ON? Average Base Salaries in (CAD) Company. Scope of work will also be a lot narrower though and closer to processes than you're used to. I'd say if you have enough savings to buy a house and not make any significant lifestyle changes then go for it. It’s a massive difference. I’d say that’s pretty reasonable for someone of your experience level. What salary does a Financial Analyst earn in Toronto? 99. 8 salaries. Depending on your long-term goals, the added benefits could be quite useful. If the principal city of your metro is not in the reference list below, go to bestplaces, type in the name of the principal city (or city where you work in if there's no such thing), and then click "Cost of Living" in the left sidebar. Sit down with your wife and talk about your long term goals. PepsiCo. The average salary for a Financial Analyst is $60,527 in Toronto, ON. I know I wouldn't move to Dubai for double the money if I had the option but that's just me. CA$71,250/yr. It's also a common exit point for the post-MBA MBB roles here (Mck Associate / Bain/BCG Consultant). Of course, this depends on what kind of prices OP is looking at in Toronto. Average salary in toronto to be able to live comfortably? Company/Industry: Financial. 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. Location: Waterloo, ON, Canada. 3 5 53. comments. There are definitely other high income professionals on Reddit too. Small companies with fewer than 10 employees pay the second-lowest median incomes, about $84,500 per year, while compa… Salary: Started at $50 000, currently at $70 000 with a potential raise at my 16 month mark. How much does a Senior Financial Analyst make in Toronto, ON? What salary does a Financial Analyst earn in Toronto? Also, OP isn’t old by any means, but all the air travel can definitely take a toll on your body. Please contact the moderators of this subreddit if you have any questions or concerns. What kind of house and car you guys want and when. 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. Cookies help us deliver our Services. 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. The average salary for a financial analyst with 3-5 years’ experience falls within the $60,000 - $70,000 range. I'd recommend removing the city list and restructuring the bracket: High: [150+], Medium: [105-149], Low: [<105]. What salary does a Financial Analyst earn in Toronto? … Note that while the primary purpose of these threads is obviously to share compensation info, discussion is also encouraged. Search 27 Investment Analyst Entry jobs now available in Toronto, ON on, the world's largest job site. Search 397 Financial Analyst jobs now available in Toronto, ON on, the world's largest job site. Some jump in salary!!! The job involves traveling 70% per year, Total: 206k USD ~ 271k CAD (all tax free). On the balance I think you'll be at less risk of burning out, but more likely to get bored with your work. Still got to finish my university degree, but they expect me to work full time as I finish it. 4,687 Financial Analyst Salaries in Toronto, ON provided anonymously by employees.