Where do construction managers make the most money?

 


Do you aspire to work in the construction industry? Are you seeking answers to questions like where to settle down or what salary to settle on? This blog post outlines high-paying construction management jobs and key findings for you to consider before accepting a new offer.

According to the U.S. Bureau of Labour Statistics (BLS), there were 7.2 million construction jobs in 2018. It was the highest employment level for the construction sector in a decade, and there’s no sign the industry is slowing down. In fact, the BLS predicts this no. will grow to 7.5 million by 2026 as the demand for new buildings and infra increases.

Now, what about the Indian construction industry? Well, if you have been following the union budget, you already know what the sector beholds. But don’t worry if you have no idea what the union budget offered.

The two consecutive union budgets presented by the Indian Government showcase a huge investment from the government and construction conglomerates. The sector is filled with numerous career opportunities for professionals with the competencies and right qualifications.

Indian construction and infrastructure demand is increasing and to keep up with the demand, some construction and engineering firms are increasing annual salaries and hourly pay to attract skilled workers from competitors. Once this happens for construction managers, already at the top of the pay scale, interest may spark for management positions.

Construction managers are among the highest-paid workers in the construction sector. Do you know why? It is because their roles and responsibilities are far more complex than the likes of a labourer.

Construction Manager

A construction project management professional is responsible for planning, coordinating, budgeting, and supervising the construction projects and pre-construction through completion.

While some construction managers may have an office, the majority spend their time working from a second office on-site. Due to this, they must think on their feet, quickly adapt to changes or deadlines, and respond to emergencies on time.

They lead teams of specialists including architects, structural engineers, electrical engineers, sustainability experts and finance experts. So, they must be competent to lead their team and solve any issues the industry has to offer.

To reach the managerial level, may take years if you lack the skills. But there are some specialized MBA programmes with a focus on experience-based learning and accreditation.

One such course is MBA in Construction Project Management by RICS SBE, Amity University. RICS SBE is the first and only institution to offer dual accredited (RICS & PMI-GAC) degrees. It is one of the best colleges for construction management for students who want the right guidance to enter the sector and make it big.

Opportunities

In the United States, the average construction manager’s salary is $91,370 per year or $44.93 per hour. In states like California, however, some construction managers earn up to $117,770 — almost 30 percent more than the national average.

You might be wondering why we are providing statistics of the U.S. Because with accredited degrees your chances of working with international global firms increase significantly. RICS stamp on your degree symbolizes credibility and excellence.

MBA in CPM curriculum is 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 global markets. Also, during the campus placement, you can attend interviews for international firms, which will act as a stepping-stone to your eminent career in the international territory.

Students who pursue this specialized programme can begin their careers as assistant project managers, building surveyors, building services engineers, and sustainability consultants. Eventually, you will be a top-level project manager for handling residential, commercial, heavy civil engineering, industrial, or environmental construction projects.

Ultimately, it will open up a plethora of career opportunities for you, even in the Middle East, Singapore and other parts of the world.

Moreover, if you want to gain MRICS qualifications. MBA in CPM from this top Indian institution is a perfect choice.

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