Mikhail Simutin
Mikhail Simutin served as the Associate Professor of Finance at University of Toronto in 2025, received an annual salary of $593,666.98 and a taxable benefit of $9,447.85, as indicated by the Government of Ontario's Sunshine list. Mikhail has held the same position since 2021 has been receiving six-figure yearly compensation.
$603,114.83
Total paid in 2025
$593,666.98
Salary
$9,447.85
Taxable Benefit
Male Very high confidence |
| Job Title : | Associate Professor of Finance |
| Employer : | University of Toronto |
| Sector : | Universities |
| Year : | 2025 |
Comparing peers in identical roles within the organization | ||||
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$603K | ||||
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Comparison with other individuals in similar positions in Ontario | ||||
$603K | ||||
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| Bottom 90% | Below Average | Above Average | Top 10% |
Between 2010 and 2025, Mikhail experienced an average annual increase of approximately 11.86% in annual salary, including taxable benefits at University of Toronto. By 2025, Mikhail's total pay had risen by 363.39% compared to the pay in 2010. Notably, during Mikhail's tenure as Associate Professor of Finance, there has been a significant 36.52% rise in compensation over the past 4 years. Additional information can be found in the chart and table presented below.
| Year | Job Title | Salary | Taxable Benefit | Raise |
|---|---|---|---|---|
| 2025 | Associate Professor of Finance | $593,667 | $9,448 | ⇧ 9.31% |
| 2024 | Associate Professor of Finance | $543,015 | $8,720 | ⇧ 8.01% |
| 2023 | Associate Professor of Finance | $505,246 | $5,555 | ⇧ 13.78% |
| 2022 | Associate Professor of Finance | $443,058 | $5,887 | ⇧ 1.63% |
| 2021 | Associate Professor of Finance | $438,020 | $3,741 | ⇧ 1.83% |
| 2020 | Professor of Finance | $429,412 | $4,422 | ⇩ -6.35% |
| 2019 | Professor of Finance | $461,627 | $1,641 | ⇧ 18.65% |
| 2018 | Professor of Finance | $388,663 | $1,796 | ⇧ 18.54% |
| 2017 | Professor of Finance | $327,969 | $1,424 | ⇧ 5.08% |
| 2016 | Professor of Finance | $313,198 | $260 | ⇧ 24.32% |
| 2015 | Professor of Finance | $251,065 | $1,073 | ⇧ 1.18% |
| 2014 | Professor of Finance | $248,879 | $306 | ⇩ -7.32% |
| 2013 | Professor of Finance | $268,555 | $306 | ⇧ 14.82% |
| 2012 | Professor of Finance | $233,861 | $306 | ⇧ 8.26% |
| 2011 | Professor of Finance | $215,993 | $306 | ⇧ 66.19% |
| 2010 | Professor of Finance | $130,000 | $153 |
The 2025 Sunshine List has 9 employees who held exactly same position title ( Associate Professor of Finance ) in the University of Toronto.
| Full Name | Salary | Taxable Benefit |
|---|---|---|
| Claire Celerier | $435,081 | $5,756 |
| Victor Couture | $361,160 | $717 |
| Sergei Davydenko | $460,889 | $251 |
| Redouane Elkamhi | $482,136 | $1,642 |
| Andrey Golubov | $443,372 | $126 |
| Jan Mahrt-smith | $452,482 | $126 |
| Chayawat Ornthanalai | $471,984 | $251 |
| Mikhail Simutin | $593,667 | $9,448 |
| Qing Wang | $443,181 | $298 |
The 2025 Sunshine List has 14 employees who held comparable positions in Ontario.
10 out of 14 employees
| Full Name | Job Title | Employer | Total Paid |
|---|---|---|---|
| Mikhail Simutin | Associate Professor of Finance | University of Toronto | $603,115 |
| Ing-haw Cheng | Associate Professor, Finance | University of Toronto | $537,470 |
| Redouane Elkamhi | Associate Professor of Finance | University of Toronto | $483,779 |
| Chayawat Ornthanalai | Associate Professor of Finance | University of Toronto | $472,236 |
| Sergei Davydenko | Associate Professor of Finance | University of Toronto | $461,140 |
| Jan Mahrt-smith | Associate Professor of Finance | University of Toronto | $452,607 |
| Andrey Golubov | Associate Professor of Finance | University of Toronto | $443,497 |
| Qing Wang | Associate Professor of Finance | University of Toronto | $443,479 |
| Claire Celerier | Associate Professor of Finance | University of Toronto | $440,837 |
| Victor Couture | Associate Professor of Finance | University of Toronto | $361,877 |