Starting salary after MBA in hospitality management?
It really depends on where you work and how much on the job training you have. Most companies in the hospitality industry hire from within if they can. Are you going to be working in a full service hotel vs. a limited service hotel? Would you be working for a chain like Hilton or Marriott or a company in Switzerland? In the United State you would start out around 40,000-50,000 for a limited service hotel and more money for a full service. If you work full service you will be expected to put in longer hours and have training before you can be the General Manager. A lot of hotels like you to have housekeep manager experience. A text book in college and working in a hotel is to totally different things. I have worked at a hotel for the past two years and I have learned more working then in school!
What is the starting salary in hotel management after a BSc.?
If it's an OT then expect your salary to be around 13k-22k inr.If it's an MT then your salary is gonna be from 25k-65kDon't worry about salary in the beginning as people from IHM's are given priority first for promotions etc.I came to know this when I saw people who did diploma or some courses from other colleges than IHM were working since 9–15 years and still didn't rise up above Commis, apprentice and CDP whereas people from IHM got into higher positions like CDC, CDP, Sous chefs in just 5–7 years.Cheers :DIHM Zindabaad xD
What is the minimum salary in hotel management at starting days?
You can watch this video to get the information about the scope and salary in hotel industry.
What is an MBA starting salary?
Depends. . .how smart are you, how good is your resume, how high is your gpa, what sized town are you going to work in and where and on and on. Wealthy is hard work. Learn everything you can and start reading about investing now. Don't spend everything you make and start saving with your first paycheck. Invest wisely and stay healthy and you'll get your dreams.
What would be the starting salary for a BHM (bachelor in hotel management) graduate?
Depends upon the kind of organisation and position you are planning, or rather get selected, to join.
What is the salary package of a hotel management student?
Well, it depends.I joined retail after graduation, 4.5 lakh was my package when hired( recruited on campus as a management trainee).I stuck onto retail for 2 solid years, was promoted thrice. By the time I left, I was at the 7 lakh slot(my batch mates working with hotels were barely earing 3 l.p.a.)I've started MBA and I hope by the time I graduate I crack that 7 figure package.P. S. My Alma Mater - IHMCT Trivandrum.
What would the starting salary be after a BHM and an MBA in hotel management?
I can answer your question in more depth if you specify what specialisation have you done in an MBA.To quote M.S. Oberoi, founder of Oberoi hotels, India’s best hotel company: “You think of money and cannot do the right thing, it will automatically come once you start doing the right things”.In operational areas (Rooms division and Food and beverage) an MBA is pretty much non-essential and cannot be leveraged. This is due to the fact that hotel related operational skills are not taught in MBA courses.If you are working in India in an ancillary department in a hotel, such as Finance, Sales and marketing or Human Resources, this could be helpful. Prior work experience will still be a requirement.You may start at anywhere from ₹20,000 p.m. upwards (as an HR coordinator if you are an MBA in HR) and in Sales and Marketing your compensation may include work-performance linked incentives.To a large extent, it will also depend on where have you studied for your MBA. Hence, the importance of going to the ‘correct’ business school.A great institution abroad for hospitality, say the MMH course in Cornell University is a steep expense but the rewards are equally commensurate - i’d rather do it for the global alumni network and an access to the world’s best hospitality professionals and companies. Financial perks are just one of the aspects that will fall in place after such a quality education.All the best!
Should i take the bachelor degree in hotel management or human resource management?
HR is my background so I can give you some good feedback since all of my HR management experience is in the hospitality field (hotels). You are correct in that you don't necessarily need an HRM degree to get into HR, although it is a plus but you will not get rejected for not having a degree specifically in HR. Just look on-line or in the paper, most HR ads require a Bachelors Degree in a related field (business administration) and/or at least 5 years of HR experience (that's for a Director's position). My advise is to get a BA in Business Administration with emphasis in HR & Hotel. As to the salary, HR positions pay more and do offer more advancement opportunities. Plus why limit yourself to Hotel Management when you can practice HR just about in any company. I noticed you commented on "not liking the idea of dealing with customers because you're not very patient" well let me tell you in the 10 years of HR experience I can tell you the field of HR is ALL about being patient as you deal with the littlest, insignificant issues that employees come to you with. You must listen to their needs and counsel them and this my friend requires patience. I loved working in the Hotel business, but in the HR department. I would personally prefer working M-F, day hours and had I taken on a different position, say Front Desk Manager, Director of Housekeeping, Restaurant Manager etc., I would be working odd hours, way too much stress within those departments and too many customer service issues to deal with. I was very happy in my little department with my two assistants. Hope this information has helped you decide.
How much salary can I get after doing an MBA in tourism and hotel management at LPU?
MBA in hotel management at LPU .As per placement packegaes highest packeges up to 22.5lakh per annum - 25 lakh per annum .It's differ from studnet to student based on certain factors consideration .Academic performance .Managerial activity take part ( involved in events , competition)Your communication skills plays major roleSkills set - Management+ Hospitality + CRM.Experience .Performance in Extra circular activities .Based on management ability ( High end / Medium segement ) in placement selection .All the best .For more answers contact us at ashok@rayfog.com