Every MBA aspirant must be aware of the expected salary. If you are preparing to enroll yourself in an MBA degree and aren’t sure if it’s worth the time and money, then rethink your decision.
Surely, the management programs are a dream for managers. And, if you’re receiving it from a top B-school, then it can be a bonus in the resume. Moving forward, you should know what you are looking for. You must be aware of the industry you are attempting to enter. Analyze the salary packages offered to the previous students and the pattern of placement before you step in.
Considering a similar situation, you must be aware of the financial odds that are working in your favor. The average tuition cost of business schools in the UAE stands at 165,000 AED. Before spending this fortune, you should be aware of the return on investment. Read on to find out.
While pursuing an MBA program, always try to focus on data analytics and how they are driving success in any business. While hiring MBAs, the corporate recruiters emphasize the importance of previous work history. Also, they put importance on excellent communication skills. It enhances the proven facility attached to the quantitative and technical side of the business.
The average monthly salary of a human resource manager is AED 17,500.
Every human resource manager works well to inspire the employees. They oversee the recruitments, hiring formalities, and interviewing of potential employees. HR also manages employee-focused and regulatory compliance services like benefits and training. The department’s resources can be effective in restructuring the organization according to budgetary needs. The HR field can help the manager in specializing in benefits and compensation for recruiting and training. The role of HR requires a person to have problem-solving and diplomatic skills to manage workplace conflicts.
The average monthly salary of a sales manager is AED 14,000.
For the sales manager, whether they work in a small office or a big global office of any company, they tend to play a crucial role in moving the services and goods from the business to the consumer. Their role requires setting up sales goals, reports, and monitoring the results while adapting new means accordingly. Additionally, the sales manager looks ahead to work closely with various account representatives, training, advising, and hiring people based on their performances. Technology plays a vital role in any sales manager’s life. From operating the business intelligence software to other project management tools, these professionals look ahead to monitor the metrics that can break or make the sales team.
The average monthly salary of a financial manager is AED 20,500.
Financial managers take care of the financial health of any organization. Their key role is to monitor business performance in various verticals. Being business navigators, they plan for investments and other long-term strategies for business. The financial managers coordinate and also direct various budgeting and planning activities for their enterprises. They manage technical tools like accounting software and ERP tools. They manage a team of employees who are responsible for regular accounting roles like billing, collections, payroll, and reporting. Moreover, they need to be proficient in problem-solving skills and refine the facility for planning potential roadblocking events to financial success.
The average monthly salary of an IT manager is AED 15,000.
The demand for IT managers is growing every year and is expected to grow by 12% until 2026. The IT executive managers and directors lead all IT-related activities in the companies. They are known to be involved in planning, hardware purchaser. Also, they are one of the essential ingredients of a desktop support team. At the strategic level, they can consult with executives for setting up business goals and computer system designs to support them. Sharpening problem-solving and analysis skills, IT is more focused on network security and computer maintenance. They recommend upgrades, analyze various technical needs, and conduct analyses for upcoming projects.
To conclude, the salary structure of MBA holders depends upon the employers and their company policies. The next important factors in deciding the salary structure are the geographical location and state policies. Some enterprises have a globalized pay scale. However, others have salary policies based on the city and living costs. Before getting employed, knowing about the salary structure of the company is very crucial for potential employees. So, do glace through the salary policies before you make your final commitment.
Apart from all this, there is another crucial factor that plays a role in MBA salary. And that is from where you are getting your MBA degree. When it comes to b-schools, you will not fall short of options. But you need to choose your b-school consciously. Your school will instill skills and knowledge in you. It will also help you build a strong network. And all of these factors are crucial when it comes to employability.
If you are also in search of good MBA programs, your search ends here. Lincoln University of Business and Management offers top-of-the-line UK accredited MBA programs. You will transform into a competent and confident personality under the guidance of our excellent faculty team. All our programs are flexible and affordable. With just a little time and money, you will acquire a globally recognized degree that will help you build your dream career. To know more about our programs, visit our website or give a call at +971 55 55 38 999 / +971 56 56 56 346. Also, don’t forget to check out our informative blogs while you visit our page. You will surely find answers to any question you have regarding MBA programs.