Mudit Jindal

How much can I earn in next five years as a Architect?

Please provide me with the detailed answer

by Mudit Jindal
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2 answers

RE: How much can I earn in next five years as a Architect?

Deepak Rana
Deepak Rana
Verified Career Expert
Author: Sky Beyond the Clouds
  • Kangra

The salary of an Architect varies on the basis of educational backgrounds, their skills, expertise and experience. If you are starting your career as a fresher, there is a lot of scope for you. Although your earnings will depend on various factors like - business situations, your career growth and performance. But we can talk amount in general and calculate the earnings. Let's try to figure out the amount that you can earn in the next five years.

1. As a fresher you can get a salary of Rs. 20,000 - Rs. 40,000. Considering the average amount you will be earning Rs. 30,000 per month which makes it 3.60 lakhs per annum. In the first two years you will make a sum of Rs. 7.20 lakhs

2. With experience of two years the salary gets increased to Rs. 30,000-50,000 which means in the next three years, on an average - you would make 4.80 lakhs per annum. That means - 14.40 lakhs in the next three years.

3. Therefore the total earnings for an architect (average estimate) is around 22 lakhs which is not bad at all.

Please note the point again that your expenses will also determine many things. If you don't spend a penny and save all your money - you are good to buy a Mercedes Benz B Class. Wish you all the best.

RE: How much can I earn in next five years as a Architect?

Rahul Shinde
Rahul Shinde
Verified Career Expert
Career Consultant at Pinnacle School of Business Management
  • Thane

Hi,


Greeting's for the day!!!

Architects are the real creators of amazing buildings and structures. Skyscapers in metro cities would not have been possible without them. While capitalism furthers the growth and prosperity of human race, tall building with beautiful designs and glory show the grandeur. The rebuilding of 'Twn Towers' collapsed in 9/11 incident and the other towers and structures shows the real dint of human talent and excellence, creativity and vision.


Requires Personal / Professional Skills:
A person requires sound Interpersonal & Communications skills and immense physical stamina to get into the profession of architecture. He is expected to work on desk as well as on construction site. Excellent memory and sound concentration level, flexibility, patience, team spirit, responsibility and accountibility, etc are some common personal traits which are essential for professionals success in architecture and design. But it is the right credentials in academics which matters the most in architecture.


Job Prospectus:
Architects can work with construction companies wherein they are asked to serve as a designer. Initially an architect is expected to understand specifica requirements of clients and strike a right balance betwen aesthetics and practicality. Additionally, an architect with skills can help clients by his ideas in terms of balancing the requirements of appearance, financil budget and time frame. Some architects even work independently and earn their livelihood through consultancy fees which entirely depends upon the skills and profile as well as work expereince.

Most of the jobs in architecture come up in government organizations such as Public Work Department, the Archaeological Department, Ministry of Defense, ANtional Building Organization, Town & Country Planning Organization, ANtional Isntitute of Urban Affairs, Departments of Railways, Post & Telgraphs, Public Sector Undertakings, Housing and Urban Development Corporation, ANtional Building COnstruction Corporation Ltd, etc. While some other organizations or bodies like State Departments, Housing Boards, Local Bodies for Construction Works, Builders, Architecture Firms, Consultants, etc also hire architects.


Pay Packet:
Starting saary for an architect can be range of Rs. 20L - 30K. the growwth is registered after 2+ years. Candidates with work experience of more than 5 years can get salary in the range of Rs. 50K - 60 K. The demand is expected to increase in next couple of years as India is going to expand FDI in Real Estate and it will attract huge money from foreign companies.


Further doubts or queries feel free to contact.

--
Regards,
Rahul.

RE: How much can I earn in next five years as a Architect?

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