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Oracle Salary Compensation
Oracle Database Tips by Donald Burleson |
Question: I just graduated from the University of
Colorado with a bachelors degree in business administration,
concentration in Information Systems. I have zero experience,
and I'm getting entry-level job offers with a salary range of
$30,000 to $40,000. Is this a normal starting salary?
What are the typical salaries for Oracle DBA? How does an
Oracle professionals salary vary by degree and experience?
Answer:
Update:
Oracle 2015 salary survey
The starting salary for an Oracle professional
depends largely on the quality of their education (those with
degrees from competitive universities get the top spots), your
major, and your commitment to a profession in database
administration. Also see this 2015 Oracle DBA salary survey
and 2015
salary survey of database professionals.
Salary = (age time three)
On average, an Oracle professional with at
least a masters degree can expect
to earn approximately age x 3. If you are 22 years old, expect
a starting salary for an entry-level Oracle administration job is
about $66,000. As your experience increases, so does your
salary, such that you could expect about $120,000 per year when you
are 40 years old (age x 3) with many years of experience.
Quality and Oracle salary
The quality of your background has a huge
influence on your salary, and Oracle professionals with extra-strong
backgrounds command approximately age x 3 for their salaries.
For example, a 22 year-old graduating from MIT with a BS degree can
expect to earn about $66,000 in salary their first year.
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College and salary - Graduates of
AACSB accredited business schools (Bachelors and MBA) command a
salary premium, as do graduates of highly competitive
universities. For example, Oracle Corporation
hires their software developers (at highly competitive
salaries) from schools that demand hard work, such as Duke, MIT,
Harvard and UT Austin. Conversely, beginners from
Community colleges are often unemployable with no offers at any
salary.
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Degree and salary - Oracle
professionals with advanced degrees earn far more than the
average. An MBA or MSC degree commands a salary premium,
and the highest salaries are reserved for
Oracle MD's, medical Informatics specialists who can earn
upwards of $300,000 per year in salary and benefits.
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Certification and salary -
Certification may not increase your starting salary, but it
helps to show that you have made a commitment to Oracle as your
profession. Oracle
OCP
certification is popular, as is the Oracle Certified Masters (OCM)
certification which helps greatly in getting a competitive
salary.
In sum, there is a vast range of Oracle
salaries. It's a highly competitive market, and the top
companies will only entrust their mission-critical Oracle database
to professionals with outstanding qualifications.
Oracle DBA salary and job duties
Back in 1981, the average DBA salary
was about age+10, and a DBA right out of college could expect to
earn $32k/year, a nice salary back when gasoline was 80 cents a
gallon. Today, inflation and increased demand have increased the
DBA pay scale:
Low Tier DBA -
An Oracle DBA without college
and less than 10 years experience earns about age*2, a 25
year-old earning about $50k/year.
Middle Tier DBA
A DBA with a Bachelors degree
and ten years full-time work experience can earn up to age*3,
with a 35 year-old DBA earning about $105/year.
Senior DBA
A senior DBA with a Masters
degree, 20 years experience managing mission critical database
can earn up to age*4, with a 45 year-old DBA manager earning up
to $180k/year.
Superstar DBA
For those
DBA Superstars with advanced
degrees and specialized skills (RAC,
Oracle Apps), the pay is often as high as age*6 and a 35
year-old superstar can earn up to $210k per year.
Also see:
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