Top 13 Investment Banking Courses in Canada

Be it any course you may be interested in, Canada is a great country to start your studies and work. With the growing opportunities for investment bankers, the demand for investment banking courses in Canada is on the rise. So if you are looking for such a course then give this article a full read to know more and plan well ahead.

List of best investment banking courses in Canada

What is Investment Banking?

Investment banking is a very specific sector and has great employment opportunities. It involves aiding large companies and institutions with funding.

Investment banking also includes helping these organizations by giving them consultancy services on finance and helping to launch them in the market. If you are looking to do this course then go ahead and read more about employment opportunities and expected salaries.

Must check out the detailed guide on the top-ranked Investment Banking Courses in the World

Employment Opportunities in Investment Banking

While investment banking employment opportunities are high since it is such a specified course, Canada is still quite a small market in this regard. Countries such as the US and the UK are much bigger markets and have more opportunities and benefits.

If you are looking to make some good money, then Canada may not be the right fit, as the market for investment banking is smaller with fewer benefits. In most countries that are leading in investment banking, they will require you to have completed a Master’s degree in business administration.

However, luckily for you, in Canada that is not the case. You can get in with any degree that is somewhat related to investment banking. But now many universities in Canada provide a degree in investment banking.

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Career Opportunities in Investment Banking

An investment banking career may be one of the toughest to get into in competitive countries like the US and the UK. But in Canada, the competition is high due to the fewer positions but the process is more straightforward than in most other countries.

An investment banking career is something that people do out of pure interest. While Canada has a well-established, yet smaller market it still with its benefits. While working hours usually demand 90-100 hour weeks, the amount of work will be less in Canada.

With an investment banking market only about the size of LA’s, Canada focuses more on sectors such as mining, natural resources, and energy.

Canada has not expanded its borders much in the sense of investment banking but working in this sector in Canada means that one will gain more exposure as one will be required to work on multiple things with fewer people in the industry. If you are right with a salary that is not too high and enjoy family time, then Canada is the best option for you.

The Best Banks in Canada for Investment Banking

Canada, as mentioned before is a much smaller market so gaining a good position within this industry is harder. The top banks in Canada that provide good positions and good benefits that are well-known are listed below.

  • Canadian Imperial Bank of Commerce
  • Toronto Dominion Bank
  • Royal Bank of Canada
  • Bank of Montreal
  • Bank of Nova Scotia
  • National Bank

As the list shows, these are the top banks involved in investment banking in Canada. However, there are smaller banks as well such as Paradigm Capital, Capital West, and such.

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Best Places to Work in Canada

As the list above shows, the major banks that provide a good salary are all placed in Canada’s major cities such as Toronto, Montreal, and Calgary. So the closer you are settled to these cities the higher the chance of getting employed and the easier it will be to transport.

Employment opportunity increases if you choose to settle in one of these cities as it’s a requirement in this industry.

Salary for Investment Bankers

Some sources state the average salary of investment bankers in Canada is C$82,540. This in comparison to other countries such as the US and the UK is much less. In New York, the standard is around $100,000 per annum, and to top it off, the bonus also adds to this.

In London, the average salary for an investment banker is £60,000 without the bonus. So Canada has a long way to go in this aspect. Fret not, for experience does get you a lot more income in Canada.

If you are a beginner, straight out of college then the struggle can be true for a while until you gain some work experience in the field.

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Exit Opportunities for Investment Bankers

After a few years in this field of investment banking, you may feel you have had enough and may start looking for a new career path. This path is not without hope.

Exit opportunities include moving to private equity, pension fund, and getting promoted from analyst to associate position, which will generate more income. However, most people who join investment banking almost always stay in that field for quite a while, or until they retire.

Why You Should Take Investment Banking Courses in Canada

Canada is well-known for its education standards which are high and of quality. The fact that it is cheaper compared to most other countries such as the US or the UK makes it a top choice for many students.

And due to the value of the degree that you will receive, there are higher chances of being employed internationally, as the certificates are recognized globally.

The universities also adapt to the changing trends in the market and so students who study in Canadian universities are well-equipped with the understanding of the ever-changing industrial needs.

Canada widens the opportunities for its students, be it, national citizens or international students. The fact that one studies in a country like Canada itself opens new doors for the student.

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Top 13 Investment Banking Courses in Canada

Investment banking courses in Canada are provided by some of the nation’s top universities. A UG or PG degree in finance or business administration is a great step to achieving the end goal of becoming an investment banker.

There are many such courses provided by Canadian universities and some are available to do even online through online website mediums which provide valid certificates that act as value-added courses to increase chances of employment.

 

1. IIM SKILLS

IIM SKILLS holds the number one position in the list of top investment banking courses in Canada. IIM SKILLS was established in the year 2015 by Vaibhav Kakkar in Delhi. They started their journey as an educational company on a digital platform with their first course in content writing.

Since then with the growing response, they expanded with a wide range of courses in different sectors like banking, finance, digital, and data science.

 

They have trained more than 80k students from across the world in developing their professional skills to contribute to achieving their career goals.

All the courses by IIM SKILLS are conducted via online live sessions and recorded to be shared with the students. IIM SKILLS Investment Banking Courses in Canada is an exclusive online training program where the students gain in-depth knowledge and understanding of the functions and tools used.

Also Read: IIM SKILLS Investment Banking Course Review

The mentors in IIM SKILLS focus more on practical training by giving assignments based on live projects and case studies every week.

 

The learning materials are freshly updated after every training batch and are given to students with lifelong access for free.

The course fees with IIM SKILLS are within the budget and also provide interest-free EMI payment options.

Course Details:

Name: Investment Banking Course

Duration: 3 Months Training + 1 Month of Guaranteed Internship

Fees: 648.79 Canadian Dollars + Taxes

10% Off on Group Registration.

Claim a refund after the first session of the course if you are not satisfied.

 

Other Professional Courses from IIM SKILLS

Contact Information:

+919580740740, info@iimskills.com

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2. Ivey University of Western Ontario (UWO):

Ivey’s MBA program is one of the top courses in the nation. The course includes modules on investment banking which many of the alumni found interesting and have gone on to build as their careers.

The one-year program is a diverse course inclusive of investment banking and marketing. The university has a 4% employment acceptance rate in investment banking alone excluding other industries.

Ivey proudly announces that 92% of people who are looking for jobs end up with one within three months of graduating from here. So do check it out if you have all the required credits to enter into this course.

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3. Queen’s University- Smith School of Business:

Competing with Ivey UWO for the first position in the MBA course list, the Smith School of Business is on the top list of investment banking courses in Canada. The degree is an MBA which will include investment banking modules during the course.

The university ranked highly for both its marketing and investment banking courses. Queen’s University boasts that 90% of its students get a job within six months of graduating.

Most of them go on to earn an average salary of up to 40 LPA within five years of starting work. This is an opportunity that should not be missed. Go ahead and apply for their fall session or their winter session which are both coming up soon.

 

4. The University of Toronto, Rotman School of Management:

The University of Toronto also provides good investment banking courses in Canada. It has an acceptance rate of 43% and is a public university founded in 1827. The university has a well-established reputation in the nation.

The graduate employment rate is 79.4% for those who complete their course in business and commerce. The University of Toronto also has an investment banking club.

This club supports and provides a platform for students enthusiastic about business, marketing, finance, and investment banking. The club also focuses on preparing its members for career options for their future.

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5. McGill University:

McGill University in Montreal, Quebec, is another great opportunity for students wanting to study investment banking courses in Canada. Though not as popular as the others, this university is also well-known in the nation.

They provide an MBA course that allows students to learn modules on investment banking within the course frame time. There are two choices. You can either choose to do the 12 months course which has a total of 48 credits or the 20 months course with 54 credits which can be altered to be completed within 16 months as per the student’s wish and ability.

The course is also tailored according to what each student wants to focus more on and so will be a great option for students wanting to focus on specific topics such as investment banking for example.

 

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6. University of Waterloo:

The University of Waterloo also has a UG in computing and financial management which is highly rated. The students can take short courses within the UG itself to earn more credits and increase their chances of employment.

Their resume will set them apart from most other applicants due to these extra courses. The course has also integrated working with co-op work teams which means you will be learning how the workplace lifestyle is as well as studying.

This will reflect as work experience on the resume setting it miles apart from others. This is a great university if you feel gaining work experience is just as important as studying in a classroom.

 

7. University of British Columbia:

The UBC Portfolio Management Foundation is an organization that provides the university’s BCom students with real-world experiences. This is done by exposing the students to working professionals from Canada and abroad. Students thus gain expert training in fields such as investment banking, sales, money management, and more.

This helps them understand and know what they want to shape their career path in. Students who graduate get opportunities to work in places such as Hong Kong, New York, and London as well as within Canada.

The three-year program is for those students who are in the second year of their BCom course. With two internships and managing a $10 million portfolio, students get the best experience here. Look into it now to get admissions this fall.

 

8. University of Calgary:

The BCom Finance course at the University of Calgary is a good option if you are looking for investment banking courses in Canada. This UG program will prepare you for a career in investment banking, international finance, and more.

 

The course requires you to do team projects, individual projects, presentations, and much more. This course will also act as a stepping stone for future academics such as a master’s degree in finance or law and education.

Apart from all these universities, many other universities provide investment banking courses in Canada like the University of Alberta and HEC Montreal.

 

9. Udemy:

Udemy is a great online platform that has evolved since it started. It now provides more than 8000 courses, so you have a wide range of things to choose from. There are 2,263 courses on investment banking as of May 2023.

Some courses provide certification in investment banking for very cheap. These courses are rated above four out of five which means they are good and well-structured.

Most of them are only a few hours in length with pre-recorded videos and quizzes that test your understanding of the subject. The course includes a list of seven articles that you are meant to read for in-depth understanding and you can access the course on both your laptop and phone.

 

10. Imarticus Learning:

With centers throughout major cities in India and the UAE, Imarticus Learning provides investment banking courses both online and offline.

The course certification and the knowledge gained through this platform have landed graduates jobs in places like HSBC, J.P. Morgan, Goldman Sachs, and Standard Chartered. They state that the average salary of investment banking professionals is 3-8 LPA.

However, with a course like this, you can get employed in countries like Canada and the US, and the UK where the pay will be higher than the average salary in India.

 

11. Coursera:

Coursera has some very good investment banking courses too. While you will find very few specifically about investment banking, Coursera has over 120 courses that appear when you search for ‘investment banking’. These courses have investment banking as part of their vast course.

Similar to Udemy courses, these provide pre-recorded videos and articles which one is expected to complete to gain the certificate. There is an investment banking course on Coursera provided by the University of Illinois which has a rating of 4.4.

 

12. edX:

edX is quite a popular online platform for courses. edX has several investment banking courses as part of courses that cover larger topics.

 

13. New York Institute of Finance:

The institute has a 70-hour self-paced course that costs USD 990. The course provides a certificate at the end which enhances your resume as you will gain experience enough to get a job at the end of it. The course is split into thirteen odd parts that each take an average of 6-7 hours to complete.

Each module is split into very detailed categories. The course is designed for graduates and students doing their PGs and for any other professionals who are looking to boost their knowledge in the field as the course is up to date with recent market trends and activities.

 

While there are many investment banking courses in Canada, starting with something online will also give you an idea of what it is exactly and whether or not it is something you would like to do in the future. These online courses will also be helpful to add value to your resume and to gain more knowledge on the subjects.

 

FAQs About Investment Banking Courses in Canada

1. Is investment banking worth it in the long run?

This is one of the most frequently asked questions by students who are interested in taking the course. Instead of beating around the bush, the short answer is that investment banking is worth it only if you are very interested in it and are ready to stay in it for a long time.

In the beginning, the return may not seem like it is worth it but when you move up the work ladder to higher positions, then you will get better returns. So, it is not advisable to take the course if you are not sure about it. But if you are interested in the course then go ahead and take it, there are so many options.

2. What is M&A in investment banking?

M&A stands for mergers and acquisitions. Mergers are when two companies join together to become whole, so the sum of the two is larger than the two separate initial parts. An acquisition is when one company completely buys out the other and absorbs all its functions. Investment banks make money from mergers and acquisitions because that brings in more clients and therefore more income to the banks. This merging will also help the companies that are merging as they will benefit from the reputation of the bank they are merging with.

3. How do investment banks make an income?

Investment banks make money in much the same way as most other banks. They try and attract clients. To do this they have to advertise their services as being better than other competing investment banks. This marketing, if done right, will attract customers looking for investments, and that in turn will generate income for the banks. Investment banks create opportunities for two companies to trade and in establishing this trade they get a commission which is how they earn money. They also earn money by advising start-ups and other companies on how and what to invest in.

4. Which are the best investment banking courses in Canada?

As listed above in the article, there are several options for investment banking courses in Canada. While some of them may not capture your attention, some courses are completely worth it If you are concerned about whether or not to take the course then you should try the online courses.

Conclusion

While most arrows may be pointing in the direction away from Canada, there are still some very compelling reasons to go there. This includes exposure and the fact that work-life balance will be more balanced than anywhere else. And for a student, if you are looking for a place to study that has the same standard of higher education but at a cheaper cost then Canada is the ultimate place. It will be a long-term investment to study in Canada as it increases exposure to the market industry and so you have a higher chance of getting employed. So, this was the guide to the best investment banking courses in Canada.