Saturday 14 September 2013

ROI for Massage Therapy Students

This is a very interesting question. Lot of people want to know what is the return on investment for Massage therapy students.

The schools dont tell you and the CMTO wont tell you.

So we had some business experts crunch some numbers.

While everyone's situation is different we wanted to know the average ROI for students who study the Massage Therapy program in Toronto.

While calculating the ROI we took certain facts and used them in our calculation. For some people these facts might be different though these were the facts we took into consideration when calculating the ROI for Massage Therapy Students.

1)The School cost was around 20K.

2)The Average massage Therapist practices for only 5 years.

3)It takes about 18 months of studying without taking any breaks for summer at most schools and the program is roughly equivalent to an associate degree in terms of time required.

4)You are not working while you are studying.

5) the average massage therapist makes 36K a year

6) we also took into consideration that for those 18 months you would lose about 35K in income because you were studying. This is a relatively conservative measure of income most people might lose even more though we took a conservative measure here.

Some schools are cheaper and some programs are shorter though this is a rough approximate.

Guess what our business experts found.

The average return on investment for a massage therapy student is negative. Yes negative.

You are better off working in your current job and investing in mutual funds or bonds. From a financial point of view you are better off investing in pretty much most things than investing in an education in massage therapy.

Of course everyone situation is different though this gives you a rough idea what kind of ROI to expect from massage therapy.



CMTO lies to students, RMTs and the public

The CMTO is known to lie to people and to misguide people. The College of Massage Therapist of Ontario is known for its unethical practices.

I have been approached by numerous students as well as fellow RMTs who were lied to or misguided by the CMTO.

The CMTO does not care about its members or the public. All it cares about is making money and keeping the insurance companies happy.

A word of advise for people. When communicating with the CMTO keep records of all communication. This means either communicate with them via email or in writing. If you talk to them on the phone there is no proof of them lying to you.

You wont believe how many people have been told something in one telephone conversation with the CMTO and later told something else.

Lot of RMTs, students as well as others have maintained written records of the communication with the CMTO and you can clearly see how the CMTO has been lying to them or has been misguiding them.



CMTO hires morons

By now you might be familiar with how unethical and badly run the CMTO is. To give you further proof that there are Morons within this organization please look at the link below.

http://www.cmto.com/cmto-wordpress/assets/CMTO_Annual_Report_2012.pdf

Scroll to page 57. One of the RMTs on the cousil is a moron. How do I know this. Well because she used to teach at one of the schools in the GTA. She is completely clueless.

How bad is she. Well she cant even tell the difference between Vastus Lateralis (part of the quadriceps group) and the Hamstrings.

Pretty much everyone knew how clueless she was though her placing her hand firmly on the hamstring group and repeatedly mentioning that it was the vastus lateralis is very memorable.

I haven't mentioned her name to save her the embarrassment though this is the kind of people the CMTO hires.