What is a quantity surveyor's salary?


 In the 17th and 18th centuries, quantity surveying was regarded as ‘measurers’ with skills in calculating the quantities before the commencement of the construction project and prepared bills of the resources.

The roles and responsibilities of a quantity surveyor have certainly evolved to the next level in the current construction sector. The professionals have to have numerous skills such as proficiency in mathematics, legal terms, catering to documentation requirements, etc.

Their roles can be looked at from the perspective of the following:

1.      Pre-contract management role- It includes the feasibility analysis, cost planning, design economics, value engineering, procurement, tendering, quantification of works, cost estimation and contracts.

2.       Post-contract management role- It includes the cost budgeting, project cost monitoring, reporting, valuation of interim and final accounts, commercial management, contracts management, contractual claims, cost analysis and change management

Industry 4.0 holds numerous career opportunities in the domestic and international construction markets that a quantity surveying graduate can avail of. With the verge of digitalization in the construction sector, the professionals need to adapt to the ever-changing digital needs and utilization of Building Information Modelling (BIM).

Career

Quantity surveyors have huge opportunities in terms of growth and earnings. They would start their career with different designations such as Asst. QS, Junior QS, Asst. Cost Manager, and Asst. Manager contracts after completing their degree in quantity surveying with firms such as construction contracting, client or consultant firms.

The package for quantity surveying graduate freshers starts from INR 4.5 Lakhs per annum to INR 6.5 lakhs depending on the type of organization they start their career with.

Students looking for faster career growth and up-gradation can do so through different chartered affiliations and memberships.

One of the well-known chartered memberships is provided by the Royal Institution of Chartered Surveyors (RICS) to all the professionals working in the industry. The RICS membership could be attained by numerous routes. First, attaining two years of professional experience with an accredited degree or second, five years of experience with one year of assessment of professional competence after a non-accredited degree.

Institutions are providing accredited programmes, but none can be compared with RICS SBE, Amity University. The first and only institution to offer dual accredited (RICS & PMI-GAC) degrees.

RICS SBE

The demand for quantity surveyors is quite high in the construction industry. And with the right skills and qualifications, you can rule the industry. One such specialized programme is offered by RICS SBE.

MBA in Construction Economics & Quantity Surveying prepares you to excel as a professional advisor on cost and commercial matters by enriching your knowledge in the following domains:

  •        Quantity Surveying
  • ·         Project Management
  • ·         Data Analytics and decision making
  • ·         Project support and value-added activities - Valuation, Contracts and commercial                            management
  • ·         Business Development & Strategy - Techno-commercial aspects

After completing an MBA in CEQS, you can work in domestic and international commercial offices, residential, hotel, hospital, institutional buildings, industrial buildings, roads, highways, bridges, and infrastructure.

The specialized programme’s curriculum has been designed to give you hands-on, industry-led, international experience. With the projects from across the globe, you will get familiar with diversity, which will help you adjust well to the international markets.

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