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Michael Schmidt has a diverse work experience. Starting in 2012, they worked as a Finance/Accounting Student (Co-op) at McGregor Construction 2000 Ltd for a period of 2 and a half years. In 2015, they moved on to Canadian Natural Resources Limited (CNRL) where they worked as a Horizon Oil Sands Financial Accounting Student (Co-op) for 9 months. In 2016, they had a Summer Financial Analyst role at Brookfield Property Partners. Michael is currently working as a Trading Analyst at Mercuria Energy Trading S.A. since 2017.

Michael Schmidt attended the University of Calgary from 2011 to 2016, where they pursued a Bachelor of Commerce (B.Com.) degree with a specialization in Finance. Michael also completed a Bachelor of Arts (B.A.) degree in Economics from the same university. There is no specific information provided about the start or end year for the Bachelor of Arts degree, indicating that it may have been completed either before or after the Bachelor of Commerce degree.