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Why Canada is a perfect location for finance students

捆绑SM社区 MMF graduates Laura Santiago and Yayu Xu reflect on the time spent in Montreal pursuing their studies in the Master of Management in Finance program

Canada鈥檚 cultural hub of Montreal, rated the , is a haven for international students. Master of Management in Finance (MMF) students at 捆绑SM社区鈥檚 Desautels Faculty of Management flock to Canada from 30 countries around the globe to enjoy the diverse culture, generous immigration policies, and thriving job market. Recently ranked the top program in Canada and 17th globally in the QS Masters in Finance Rankings 2021, the MMF program is recognized for its diversity, alumni outcomes, employability and value for money.

A dream location for international students

捆绑SM社区 MMF graduate Laura Santiago moved to Montreal from her native Bogota, Colombia after falling in love with Canada during her exchange term abroad at the University of Calgary.

鈥淔rom the age of 17, I thought that Colombia was too small for me,鈥 says Laura. 鈥淚 always liked finance but the finance market in Colombia is very small. I worked there for a year after graduation but felt that I didn鈥檛 have much left to learn.鈥

Impressed by the welcoming, respectful and diverse culture that Canada offered, Laura set her sights on completing her masters in Canada after finishing her undergraduate degree and entering the workforce. When weighing the choices between Montreal and Toronto, Laura leaned toward the nation鈥檚 cultural hub of Montreal, citing a low cost of living and relaxed culture in helping her make the decision.

Laura鈥檚 classmate Yayu Xu, a 捆绑SM社区 MMF graduate from Wuhan, China, shared a similar experience with a summer semester abroad at University of California Berkeley igniting a desire to study in North America. Knowing that Canada鈥檚 were friendlier for graduate students, Yayu turned to Canada, with 捆绑SM社区鈥檚 reputation attracting her to the Master of Management in Finance program.

While Laura and Yayu both enjoy the charm of Montreal鈥檚 diverse and welcoming nature, their favourite activity in the city centred around one key activity: devouring dishes in Montreal鈥檚 iconic food scene. From the world-famous bagels at St. Viateur Bagel to heaping plates of poutine at La Banquise, Montreal鈥檚 culinary scene lives up to the hype.

Laura appreciated that even on a different continent, she could still find little slices of home. 鈥淭here are Latino clubs and restaurants everywhere, and wherever you go you can meet a Latino, Mexican or Colombian,鈥 she comments. 鈥淚t鈥檚 so diverse.鈥

Both Laura and Yayu migrated to Montreal knowing only the basics in French but were pleasantly surprised by the city鈥檚 bilingualism. 鈥淚n the city, everyone speaks English and if they don鈥檛, they find a way for you to understand them so that hasn鈥檛 been an issue.鈥 Now working in Canada鈥檚 financial hub of Toronto, Yayu looks back longingly on her time in Montreal: 鈥淚 enjoyed the mixed culture of French and North America. I was happy to have the unique culture and now that I鈥檓 in Toronto and don鈥檛 get the French culture, I kind of miss it.鈥

Becoming part of the Desautels family

One of the drawing cards in choosing 捆绑SM社区 for both Laura and Yayu were the small class sizes offered in the MMF program, averaging 40鈥50 students per cohort. 鈥淵ou really get to know everyone. I was attracted to that because I don鈥檛 have family here,鈥 Laura reflects. 鈥淚 knew that at least everyone here is in the same boat. It's going to be easier to make friends; we鈥檙e going to support each other.鈥

鈥淚 really enjoyed the small class size,鈥 says Yayu. 鈥淭his was especially important when we were assigned to different groups in the Desautels Capital Management. It's only possible if we all know each other and cooperate really well. Some programs have 100鈥200 people and that makes it hard to have a close bound relationship with your classmates and professors.鈥

The unique part is that lots of people aren鈥檛 born here but moved to Canada for study or their careers. When you look around, people have similar experiences as you,鈥 Yayu adds. 鈥淭hey understand how difficult it can be at the beginning and that resonates; they are willing to offer help and that鈥檚 good for international students.鈥

Small class sizes also make navigating the alumni network an easier task. With cohorts of around 40, Laura and Yayu were able to get to know students in the class before them. 鈥淲e had this network where the previous cohort taught and passed their knowledge to us, and we tried to do the same with the cohort starting this year,鈥 Laura explains.

Building a career in Canada

With the help of their close-knit alumni network and the allowing them to work in Canada up to three years after graduating, Laura and Yayu were able to set up careers in the thriving cities of Montreal and Toronto.

Eager to find work in Canada, Laura knew her goal from day one. She was the first in her class to go through the process and was able to pass her knowledge onto classmates also taking the leap to building a career in Canada. Laura鈥檚 experience as an Equity Analyst at Desautels Capital Management as part of the MMF program helped prepare her for her current role in Montreal as an Equity Research Associate at Jarislowsky Fraser, one of Canada鈥檚 leading investment management firms.

For Yayu, her initial goal was simply to complete her degree but soon realized the abundant opportunities available to her in Canada.

鈥溊Π骃M社区 opened the door to a whole new world for me. I saw myself gradually having more understanding of Canadian financial markets and developing a networking base in Canada,鈥 she explains. 鈥淚 think it鈥檚 really important to take advantage of the resources we have and make good use of the alumni network in the big cities like Montreal and Toronto.鈥

Conversations with a friend and an MBA alumna helped her land two internships at Scotiabank in Toronto, which set her on the path to a full-time position as Manager of Asset and Liability Management in the bank鈥檚 Treasury department.

Yayu notes: 鈥淚 feel very lucky to launch my career in important functions at the bank; I may not have achieved this if I studied in China. I feel very supported in Toronto where I can meet 捆绑SM社区 alumni and build meaningful connections with them.鈥

Both Laura and Yayu credit the resources provided to them at Desautels in helping them land their jobs.

鈥淚 really appreciated the help of career services,鈥 says Yayu. 鈥淭hey helped me understand which financial area suits my personality, ability and career interests. As I realized corporate finance is a great fit for me, they helped me search for alumni in the area and made introductions. There were ups and downs in the career search process, and I feel so grateful to have their support throughout the journey.鈥

鈥淚 got a lot of help from career services to get my job and prepare for interviews,鈥 Laura adds. "You should leverage the university tools that you鈥檙e given: the international office, admin staff, professors, the library鈥攖hey're all amazing.鈥


More about our MMF

The 捆绑SM社区聽Master of Management in Finance (MMF)聽degree is a pre-experience, specialized program in finance that can be completed in 12 or 16 months.聽聽

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