<p>This is not a hate question on being an architect…
I know how much architects roughly make due to
alot of different resources. I’m currently majoring
in architecture, and am looking into all possible
options. having options is always a positive. lol</p>
<p>What I am asking is what is the position, in the field
of architecture, that offers the best finacial rewards,
or highest salaries.</p>
<p>I know some fields that students who have architecture
degrees go into are construction management,
real estate, development, engineering etc.</p>
<p>So which career path provides the most reward finacially
and also how much estimated would that specific
title make?</p>
<p>Coming out of school I think that going to work for a large construction company would provide the highest compensation. Many construction companies are now producing their own Revit models and are being pretty aggressive in hiring architecture graduates. Starting salaries last year were in the range of $55,000 with some firms offering signing bonuses and moving expenses. Ultimate compensation between construction and architecture is pretty equal, the salaries even out after about 5 to 10 years.</p>
<p>The only way to make serious money in this industry is with ownership. Partnership in a medium to large construction or architecture firm can easily be in the mid-six figure level, and for the most profitable firms well into the seven figures.</p>
<p>Going into real estate development is the same. You can make a good salary working as a project manager for one of these firms, but the real money goes to the individuals who take the risk and get an ownership percentage. You can also lose it all in a flash, which is why it takes a special personality to succeed at this.</p>
<p>lol im just curious because my family has been through
a lot of ups and downs finacially. and after evaluating
things i know in my future, i want a career which is not
only rewarding, but also rewarding finacially. </p>
<p>You will never find a career without ups and downs, especially financially. I spent 25 years in high-tech and saw layoffs almost every 3-4 years at every company I worked for. Sometimes I was caught in the layoffs, other times I wasn’t but there was a layoff almost every 3-4 years. I was an engineer and in product management. The same thing in both areas. Read the news–even brokerages are laying off, airlines, everybody. After a BSEE and MBA, I went back to school to get a teaching certificate. I know teach 8th grade math at a 40% pay cut and consider it the best move career wise I ever made despite the tough financial times go back to school and working part time at $10/hr. It was worth it. After 3 years of teaching we are just getting back to financial sanity but it was worth it.</p>
<p>What paths do you (usually) take to go into partenership/ownership in an architecture firm? tis my dream lol
also, what do you think are the required characteristics to succeed at this?
Already thrilled for your reply lol</p>