How Waterloo’s International Students Are Redefining Career Success

A recent study highlights the remarkable earning potential of international graduates from a leading Canadian institution, showcasing their economic success in comparison to Canadian-born graduates.

Key Findings

Earnings Comparison

International graduates from the University of Waterloo earn significantly higher salaries than their Canadian-born counterparts:

• One Year Post-Graduation

  
  
  • International graduates (2017–2019): $57,500 average annual income
  • Canadian-born graduates: $42,000 average annual income

• Median Earnings

  • International graduates: $56,400
  • Canadian-born graduates: $38,700
  • 46% difference

Long-Term Earnings Growth

The financial advantage of international graduates continues to grow over their careers:

• After 13 years, average earnings reach:
  • $120,000 for foreign-born permanent residents
  • $100,000–$120,000 for international graduates
  • Compared to $100,000 for Canadian-born graduates

Reasons Behind the Success

The study attributes these earnings disparities to several key factors:

1. Focus on High-Demand Fields
   International students predominantly enroll in technology and engineering programs, which yield higher economic returns.
2. Practical Experience
   Waterloo’s extensive co-op program provides students with hands-on industry experience, bolstering employability.

Broader Insights

Immigration and Education

Approximately 70% of international students at the University of Waterloo transition to permanent residency, more than double the national average. This highlights the university’s role in fostering long-term contributions to Canada’s workforce.

National Trends

Findings align with broader research suggesting newcomers often achieve superior educational and economic outcomes. For instance:

• Children of immigrants are more likely to pursue higher education.
• By age 25, their wages equal or surpass those of Canadian-born peers.

About the University of Waterloo

Renowned for its focus on innovation, particularly in technology and engineering, the University of Waterloo attracts a diverse student body. Ranked #115 in the QS World University Rankings 2025, it is among Canada’s top institutions, known for preparing students to excel in global markets.

This study underscores the value of international talent in driving Canada’s economic and educational success.