MBA.co.za

Summarised salary survey data

The recent MBA.co.za Salary Survey attracted 467 respondents and below follows a summary of the information that was provided:

At which business school did you obtain your MBA?
  • Gordon Institute of Business Science: 23%
  • Henley Management College: 23%
  • Management College of Southern Africa (MANCOSA): 0.8%
  • Milpark Business School: 10%
  • Nelson Mandela Metropolitan University Business School: 3.6%
  • Potchefstroom Business School: 0.6%
  • Rhodes Investec Business School Tshwane: 0.2%
  • University of Technology Business School: 1%
  • Turfloop Graduate School of Leadership: 0.2%
  • University of Cape Town Graduate School of Business: 3.8%
  • University of the Free State School of Management: 4%
  • University of KwaZulu-Natal Graduate School of Business: 1.5%
  • University of Pretoria Graduate School of Management: 1%
  • UNISA Graduate School of Business Leadership: 1.7%
  • University of Stellenbosch Business School: 17.3%
  • Wits Business School: 3%
  • Other: 5.3%
Type of MBA programme undertaken:
  • Full-time MBA: 8%
  • Part-time MBA: 39%
  • Modular MBA: 22%
  • Consortium MBA: 0%
  • Executive MBA: 5.5%
  • Distance-learning MBA: 25%
  • Internet-based MBA: 0.5%
  • Other: 0%
Number of years to complete MBA:
  • Minimum: 1
  • Average: 3
  • Maximum: 7
Graduation year:
  • Minimum: 1975
  • Average: 2003
  • Maximum: 2008 (current student)
Annual salary before obtaining your MBA:
  • Minimum: R7 200
  • Average: R297 731
  • Maximum: R1 500 000
Annual salary at first job after obtaining your MBA:
  • Minimum: R12 000
  • Average: R393 783
  • Maximum: R1 800 000
Current annual salary:
  • Minimum: R90 000
  • Average: R560 285
  • Maximum: R3 000 000
Current benefits:
  • Cellphone: 71%
  • Garage Card: 29%
  • Stock Options: 34%
  • Child Care: 2%
  • Group Life Insurance: 49%
  • Subsidised Parking: 31%
  • Company Credit Card: 30%
  • Gym/Club Membership: 13%
  • Training Reimbursement: 29%
  • Computer Allowance: 15%
  • Housing Allowance: 15%
  • Travel Allowance: 47%
  • Entertainment Allowance: 30%
  • Medical Aid: 70%
  • Vehicle Allowance: 55%
  • Financial Advice: 15%
  • Retirement Benefit: 64%
Number of years work experience:
  • Minimum: 2
  • Average: 17
  • Maximum: 40
What is your current position and job function?
  • Academic: 3%
  • Accountant: 2%
  • Analyst: 1%
  • CEO: 3%
  • Consultant: 5%
  • COO: 1%
  • Engineer: 1%
  • Executive/Director: 14%
  • Financial Manager: 3.5%
  • General Manager: 7.5%
  • Head of Department: 4%
  • HR Manager: 1%
  • Managing Director: 6%
  • Marketing Director/Manager: 2%
  • Project Manager: 4.5%
  • Sales Manager: 3.5%
  • Self-employed: 4%
  • Senior Manager: 28%
  • Other: 6%
In which industry are you currently working?
  • Advertising / Marketing / Public Relations: 1.5%
  • Agriculture: 2.5%
  • Arts / Entertainment: 0.5%
  • Automotive: 3.5%
  • Construction / Architecture: 1%
  • Consulting: 4%
  • Education / Training: 1%
  • Engineering: 4%
  • Environment: 0.5%
  • Finance / Banking / Insurance / Accounting: 21%
  • Government: 3%
  • Information Technology: 6%
  • Legal: 1%
  • Manufacturing: 11%
  • Media / Publishing / Broadcasting: 2%
  • Medical / Dental / Healthcare / Pharmaceutical: 4.5%
  • Mining / Petrochemical: 6%
  • Non-Governmental Organisation (i.e. non-profit) : 1.5%
  • Real Estate / Property: 1%
  • Retail / Wholesale: 4%
  • Service: 2.5%
  • Sports: 0.5%
  • Telecommunications: 3.5%
  • Transport / Logistics: 1%
  • Travel / Tourism / Lodging: 2%
  • Utilities / Parastatals: 1%
  • Other: 10%
Number of jobs since obtaining your MBA:
  • Minimum: 0
  • Average: 1
  • Maximum: 20
Number of promotions since obtaining your MBA:
  • Minimum: 0
  • Average: 1
  • Maximum: 10
Has the MBA helped to advance your career?
  • Yes: 80%
  • No: 20%
Additional qualifications obtained post MBA:
  • Degree: 7%
  • Diploma: 9%
  • Short Course: 28%
  • Other: 6%
  • None / Unknown: 50%
Gender:
  • Male: 79%
  • Female: 21%
Age range:
  • < 25: 0%
  • 25 – 29: 5%
  • 30 – 39: 43%
  • 40 – 49: 41%
  • 50 – 59: 10.5%
  • > 59: 0.5%
Province:
  • Eastern Cape: 4%
  • Free State: 2.5%
  • Gauteng: 60%
  • KwaZulu-Natal: 5.5%
  • Limpopo: 0.2%
  • Mpumalanga: 0.8%
  • North West Province: 0.5%
  • Northern Cape: 0.5%
  • Western Cape: 17%
  • Outside South Africa: 9%
Country:
  • South Africa: 91%
  • Other: 9%
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