Ontario Labour Market Report - Brock...

Ontario Labour Market Report CIP Program 52.02: Business Administration, Management and Operations

Most Relevant Academic Program(s) at Brock: Business Administration

EMSI Q3 2016 Data Set

February 2017

Institutional Analysis and Planning

Brock University 1812 Sir Isaac Brock Way

905-688-5550

Emsi Q3 2016 Data Set | www.economicmodeling.com 2

Table of Contents

Section 1: Program Overview

a) How many degrees are completed in Ontario (Labour Supply)? ……….3

b) What types of degrees are completed in Ontario?................................3

c) What other similar programs are offered in Ontario? ……………………....4

d) What other similar programs are offered at Brock University?.............4

Section 2: Target Occupations

a) What top growing target occupations are obtained by Alumni?..........5

b) What are the growth prospects for these occupations (Demand)? .....6

c) How much are these target occupations earning?................................7

d) Where are the hottest places in Ontario in terms of job growth? ……..8

Section 3: Top Three Target Occupation Summaries **Includes Description, Skills & Competencies, Ontario Trends in Field, Location of Job, Industries

a) Engineering Manager……..…………………………………………………………….….9

b) Business Development Officer, Market Researcher, and Consultant..11

c) Computer and Information Systems Manager……………………………..…..13

Reference and Notes……………………………………………………………..………………….15


b) What types of degrees are coming from Ontario? (52.02)

Section 1: Program Overview for Business

Administration (52.02)

52 9,299

Ontario Institutions Ontario Program Completions (2013)

had Completions in the last 5 years

a) How many degrees are completed in Ontario? (52.02)

Region 2009

Completions 2013

Completions % Change

● Ontario 2,868 9,299 224.2%

● Canada 24,577 32,382 31.8%

Award Level

Completions

(2013) Percent

● Career, technical or pre-

university program 3,056 32.9%

● Bachelors degree 3,896 41.9%

● Masters Degree 2,315 24.9%

● Doctors Degree 32 0.3%


c) What other similar programs are offered in Ontario?

31 25,118

Programs (2013) Completions (2013)

CIP Code Program Completions (2013)

52.03 Accounting and related services 5,302

52.01 Business/commerce, general 2,813

52.14 Marketing 2,721

52.08 Finance and financial management services 2,589

52.11 International business/trade/commerce 1,659

d) What other similar programs are offered at Brock University?

Accounting1 - Our degree has a national reputation for excellence, and as a graduate of this program

you will have attained the highest level of prerequisite credits toward a professional accounting

designation available in any four-year program at an Ontario university. Brock graduates consistently

score highly on the national accounting examinations and enjoy a wide variety of employment

opportunities. The BAcc program is fully accredited by the Chartered Professional Accountants (CPA)

of Ontario.

Marketing2 - A concentration in marketing provides you with the knowledge and skills to perform a

variety of essential strategic business activities such as consumer needs assessment, marketing research,

sales forecasting, product management, new product development, pricing, distribution, integrated

marketing communications, and strategic market planning.

Finance3 - A concentration in finance provides you with the knowledge of all aspects of money

management including investment, collection, disbursement, borrowing, and fund‐raising. Finance

also focuses on preparation of financial reports, tax and regulatory requirements, cash flow, investments,

and development of information. A finance degree will give you the necessary skills to understand and

reason through a wide range of fundamental financial decisions.


Section 2: Target Occupations

a) Which top growing target occupation are obtained by Alumni?

96,366 13.6% $40.14/hr

Jobs7 (2015) % Change (2016-2024) Median Hourly Wages8

35% above Canada’s average Canada: 12.2% Canada: $39.53/hr

Occupation 2016 Jobs7 Median Hourly

Wages8 Growth (2016 -

2024) Location Quotient4

(2016)

Financial and

investment analysts 36,519 $35.04/hr 13.64% 1.36

Computer and

information systems

managers 31,529 $48.08/hr 10.11% 1.36

Business

development officers

and marketing

researchers and

consultants

17,894 $31.79/hr 15.69% 1.42

Engineering

managers 12,016 $50.00/hr 19.37% 1.21

Records

management

technicians 1,511 $18.00/hr 11.65% 1.46


b) What are the growth prospects for these target occupations?

99,469 112,952 13,483 13.6%

2016 Jobs7 2024 Jobs7 Change (2016-2024) % Change (2016-2024)

Occupation 2016 Jobs7 2024 Jobs7 Change % Change

Engineering managers

(0211) 12,016 14,344 2,328 19%

Computer and information

systems managers (0213) 31,529 34,718 3,189 10%

Financial and investment

analysts (1112) 36,519 41,501 4,982 14%

Records management

technicians (1253) 1,511 1,687 176 12%

Business development

officers and marketing

researchers and consultants

(4163)

17,894 20,702 2,808 16%


c) How much are these target occupations earning?

$31.43/hr $40.14/hr $50.97/hr

25th Percentile Wages8 Median Wages8 75th Percentile Wages8

Occupation 25th Percentile Wages8 Median Wages8 75th Percentile Wages8

Engineering managers (0211) $38.50 $50.00 $66.35

Computer and information

systems managers (0213) $37.96 $48.08 $57.69

Financial and investment analysts

(1112) $27.47 $35.04 $46.15

Records management

technicians (1253) $13.69 $18.00 $23.30

Business development officers

and marketing researchers and

consultants (4163) $24.73 $31.79 $41.03


d) Where are the hottest places in Ontario in terms of job growth?

Census

Division

Census

Division

Name

2016

Jobs7

2024

Jobs7

2016 -

2024

Change

2016 -

2024 %

Change

2016

Location

Quotient

2024

Location

Quotient4

Expected

Change

2015 Avg.

Hourly

Wages8

3507 Leeds and

Grenville 578 679 101 17% 1.30 1.36 70 $45.38

3502 Prescott and

Russell 282 329 47 17% 0.93 0.95 35 $45.06

3501 Stormont,

Dundas and

Glengarry 633 738 105 17% 1.26 1.30 77 $44.96

3519 York 9,918 11,549 1,631 16% 1.70 1.73 1,209 $42.27

3521 Peel 13,539 15,673 2,134 16% 1.71 1.75 1,650 $41.75

3511 Lennox and

Addington 51 59 8 16% 0.37 0.38 6 $37.92

3541 Bruce 215 247 32 15% 0.60 0.60 26 $39.52

3523 Wellington 990 1,136 146 15% 0.75 0.76 121 $40.96

3518 Durham 3,009 3,441 432 14% 1.27 1.29 366 $41.73

3522 Dufferin 148 169 21 14% 0.65 0.65 18 $40.56

3543 Simcoe 1,297 1,480 183 14% 0.64 0.65 158 $40.18

3520 Toronto 38,985 44,396 5,411 14% 2.17 2.20 4,750 $40.29


Section 3: Top Three Job Occupation Summaries

a) Engineering Manager Engineering managers plan, organize, direct, control and evaluate the activities of an engineering department, service or firm. They are employed by a wide range of private sector and government establishments and by consulting engineering and

scientific research companies5.

Technology Skills Required 6: Skills & Abilities Required 6:

11,428 19.4% $50.00/hr



Ontario Trends

Region 2016 Jobs7 2024 Jobs7 Change % Change

● Ontario 12,016 14,344 2,328 19.4%

● Canada 25,818 29,537 3,719 14.4%

Analytical or Scientific Software:

Minitab, SPSS, MATLAB, JavaScript,

SAP

Database and System Software:

Hadoop, MongoDB, MySQL

Analyzing Data or Information:

observing, receiving and evaluating

results to solve problems

Deductive Reasoning: apply rules to

problems to produce sensible answers


Where are the most jobs in Ontario for Engineering Managers?

Census Metropolitan

Aggregate 2024 Jobs7

Toronto 8,570

Ottawa - Gatineau 2,392

Kitchener - Cambridge -

Waterloo 450

Oshawa 356

Windsor 248

Who are employing Engineering Managers?

Industry

Occupation

Jobs7 in

Industry

(2015)

% of

Occupation

in Industry

(2015)

% of Total

Jobs7 in

Industry

(2015)

Architectural, engineering and related services 1,780 15.6% 2.9%

Motor vehicle parts manufacturing 699 6.1% 1.1%

Scientific research and development services 639 5.6% 2.2%

Computer systems design and related services 422 3.7% 0.5%

Local, municipal and regional public administration 403 3.5% 0.2%


b) Business Development Officer, Marketing Researcher, and Consultant

Business development officers and marketing researchers and consultants conduct research, formulate policies and manage programs to stimulate industrial and commercial business investment or tourism in urban and rural areas, or to promote commercial or industrial products and services. They are employed by government departments, international organizations, marketing

firms and business associations or may be self-employed.5

Technology Skills Required6: Skills & Abilities Required6:

17,241 15.7% $31.79/hr



Ontario Trends


● Ontario 17,894 20,702 2,808 15.7%

● Canada 32,829 37,014 4,185 12.7%

Operating System Software: Linux, UNIX

Electronic Mail Software: IBM Notes

Microsoft Software: Office, Excel, Word,

Outlook

Getting Information: Observing,

receiving, and obtaining information from

many relevant sources

Information Ordering: re-organizing

dataset according to specific rules


Census Metropolitan Aggregate 2024 Jobs7

Toronto 15,018


Kitchener - Cambridge - Waterloo 587

Hamilton 493

Oshawa 373

Where are the most jobs in Ontario for Business Development Officers and Marketing Researchers and Consultants?

Who are employing Business Development Officers and Marketing Researchers and Consultants?

Industry

Occupation

Jobs7 in

Industry

(2015)

% of

Occupation

in Industry

(2015)

% of Total

Jobs7 in

Industry

(2015)

Other professional, scientific and technical services 1,604 9.3% 5.2%

Management, scientific and technical consulting services 784 4.5% 2.0%

Advertising, public relations, and related services 741 4.3% 2.3%

Management of companies and enterprises 580 3.4% 1.6%

Depository credit intermediation 549 3.2% 0.4%

Brock University students have been successful with finding

employment within our local Hamilton-Niagara region and

capital city of Toronto.


c) Computer and Information Systems Manager

Computer and information systems managers plan, organize, direct, control and

evaluate the activities of organizations that analyze, design, develop, implement,

operate and administer computer and telecommunications software, networks

and information systems. They are employed throughout the public and private

sectors.5

Technology Skills Required6: Skills & Abilities Required6:

30,829 10.1% $48.08/hr



Ontario Trends


● Ontario 31,529 34,718 3,189 10.1%

● Canada 60,567 66,292 5,725 9.5%

Component Developmental Software:

C++, Visual Basic, Python, R, SAP

Database Management System

Software: Hadoop, NoSQL, Oracle

PL/SQL

Computer and Electronics: knowledge

of circuit boards, processors, chips

Critical Thinking: use logic to identify

alternative solutions

Getting Information: Observing,

receiving and obtaining information


Where are the most jobs in Ontario for Computer and Information Systems Managers?

Who are employing Computer and Information Systems Managers?

Industry

Occupation

Jobs7 in

Industry

(2015)

% of

Occupation

in Industry

(2015)

% of Total

Jobs7 in

Industry

(2015)

Computer systems design and related services 5,639 18.3% 6.4%

Other federal services 1,928 6.3% 1.5%

Depository credit intermediation 1,707 5.5% 1.3%

Computer and communications equipment and supplies

merchant wholesalers 1,547 5.0% 4.9%

Software publishers 1,150 3.7% 7.4%

Census Metropolitan

Aggregate 2024 Jobs7

Toronto 21,318


Kitchener - Cambridge -

Waterloo 1,106

Hamilton 1,097

London 580


References and Notes

1 https://brocku.ca/business/future/undergraduate/programs/BAcc 2 https://brocku.ca/business/future/undergraduate/programs/BBA/marketing 3 https://brocku.ca/business/future/undergraduate/programs/BBA/finance 4 Location Quotient: a calculation that quantifies the concentration of a particular industry, cluster, or occupation, in a

region as compared to the nation. It can reveal what makes a particular region “unique” in comparison to the national average. Source: http://www.economicmodeling.com/2011/10/14/understanding-location-quotient-2/

5 https://brocku.EmsiCareerCoach.ca 6 https://www.onetonline.org/ 7 Employment numbers do not include people who are self-employed and may be under-represented. 8 Wages do not consider people who are self-employed and may be under-represented.

http://www.economicmodeling.com/2011/10/14/understanding-location-quotient-2/

https://brocku.emsicareercoach.ca/

https://www.onetonline.org/

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