Careers

With 90% of students working in the financial industry within a year of graduation,

M-Phimac graduates boast a high rate of success. The majority of graduates begin working the day after completing the program.
About 3/4 of graduates work in the big 5 Canadian banks. The rest find positions in related companies, such as financial consulting firms, insurance companies, pension plans, financial software firms, and financial regulators.

Partial List of Employers

  • Bank of Canada
  • BMO
  • CGI
  • CIBC
  • Canadian Western Bank
  • Credit Suisse Bank
  • Deloitte
  • Deutsche Bank
  • Ernst & Young
  • Genus Capital Management
  • ICICI Bank Canada
  • Investors Group

 

  • KPMG
  • Mackenzie Investments
  • Manulife
  • Morgan Stanley Capital
  • OSFI
  • OTPP
  • RBC
  • RiskGrid Technologies
  • ScotiaBank
  • TD Bank

Student Testimonials

  • Mehrnoush Salarian -  Senior Analyst, TD Bank
  • Chrismos Egbewole - Investment Banker, Bank of America Merrill Lynch
  • Robert Axente - Senior Manager, BMO Financial Group
  • Ben Iranpanah - Manager, TD Securities
  • Mike Danh - Team Manager, BMO Financial Group
  • Letitia Golubitsky, Ph.D, Senior Specialist, BMO
  • Pejman Salem - Vice President, Credit Suisse
  • Kristen Lindsey - Treasury Manager, TD Bank
  • Josh Beauchamp - Manager, BMO Capital Markets
  • Mehrnoush Salarian -  Senior Analyst, TD Bank

    The M-Phimac program was one of the most rewarding and self-discovering experiences I have ever had. The unique combination of exceptional instructors and coursework, industry connections, networking events, supportive and knowledgeable fellow students, and career guidance through the program has assisted me in defining my career goals. Moreover, it has also been a great opportunity for me to make many good friends during my study here.

  • Chrismos Egbewole - Investment Banker, Bank of America Merrill Lynch

    M-Phimac is the best decision I made as an international student living thousand miles away from my hometown. The curriculum breaks the gap between theory and practice and prepares for a smooth transition into the financial industry.
    The program enhanced my interpersonal skills, which now allows me to build excellent relationships with line of business and stakeholders. Whenever I look back to my time at McMaster, I am grateful for the M-Phimac experience, and thankful to the professors and peers that have inspired me.

  • Robert Axente - Senior Manager, BMO Financial Group

    The M-PhiMac program was a rewarding and enriching experience. The skill set developed by the program was a tremendous asset for retaining employment since it set me apart from other applicants who had strong quantitative backgrounds but lacked a well-rounded exposure to finance.

  • Ben Iranpanah - Manager, TD Securities

    The M-Phimac program at Mac offers a graduate experience that is genuinely rewarding and academically rigorous, all in an intimate environment. The program prepares you well by teaching the mathematical concepts and quantitative skills used in finance and banking. More importantly, you are continuously supported in your pursuit of this professional degree by knowledgeable and industry-leading faculty members, as well as a remarkable network of intelligent people from alumni and industry. With the M-Phimac program, you are truly set up to succeed!

  • Mike Danh - Team Manager, BMO Financial Group

    MFM has given me the opportunities to enter and knowledge to be successful in my risk management career.  Whether it’s navigating turbulent markets, new products or regulations I have the skills to effectively manage risk.

  • Letitia Golubitsky, Ph.D, Senior Specialist, BMO

    The program has taught me rigorous mathematics, computing, theory and modeling, and practical finance. I found the classes extremely well organized and focused on important theoretical aspects of financial modelling.
    The professors have a well respected expertise in various areas of financial mathematics: from stochastic calculus to introduction to financial markets. I have background in pure mathematics and without this program would have been much harder to shift to financial mathematics that deals with real world problems of high complexity. The course on statistics was very well received by all of us and since I landed in industry I use everything I have learned every day. The courses studied in the Phimac program gave a very good start in my first job and put me ahead of other peers who didn't have a master in financial mathematics. I strongly recommend pursuing a Master in Financial mathematics at Phimac if you are planning to change your career to finance.

  • Pejman Salem - Vice President, Credit Suisse

    Applying for M-phimac was perhaps the best professional decision I have made in my life. The intimate environment at M-Phimac combined with the abundance of leading industry and academic knowledge of the faculty members makes it a perfect choice for any prospective applicant.

  • Kristen Lindsey - Treasury Manager, TD Bank

    To anyone considering this program, congratulations on considering a valuable and worthwhile start to your career. Although the program is challenging, you are supported by a network of hardworking and intelligent people (even after you graduate!). Your classmates are your teammates as you gain an invaluable understanding of how to apply your quantitative knowledge to finance and banking. I count my classmates as not only respected industry colleagues, but also great friends.

  • Josh Beauchamp - Manager, BMO Capital Markets

    The M-Phimac program is a fantastic choice for those interested in a broad range of careers in finance. The program prepared me for all aspects of the industry, including quantitative skills, financial product knowledge and soft skills. Years after graduating the program, I still use the knowledge and skills I gained during the eight months on a daily basis. I strongly recommend the M-Phimac program for those seeking a rewarding career that demands a broad skillset."

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McMaster University - Faculty of Science | Math & Stats