Canada / 46% of students plan starting a business after graduation

The Bank of Montreal says the entrepreneurial spirit is alive and well among young Canadians.

According to the bank, almost half of Canadian post-secondary students surveyed — 46 per cent — said they see themselves starting a business after graduation.

BMO said that some see their planned new business as a primary source of income while others see it as a secondary source.

The findings came out of a survey conducted by Pollara, which asked Canadian post-secondary students about career prospects and their aspirations to own their own business.

The results found less than a third of those surveyed — just 29 per cent — were very confident they could find a job in their own field after graduation.

Among other findings of the survey: Males, by a margin of 53 per cent to 40 per cent, were more likely to start a business. Meanwhile, more males than females — 38 per cent versus 22 per cent — were also very confident of being able to find a job in their fields.

“Our research tells us that a number of students are unsure if they will end up working in their field of study,” said Steve Murphy, senior vice-president, commercial banking.

“The good news is, this means they will look to other post-graduate opportunities as a form of income, which could include starting a business.”

Chosen excerpts by Job Market Monitor. Read the whole story at 

via 46% of students plan own business amid bleak jobs outlook.