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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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