MBA HR Salary in 2024 - Know Average & Highest Salary, Career, Scope

MBA HR Salary in 2024 - Know Average & Highest Salary, Career, Scope

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CAT Application Date:01 Aug' 25 - 13 Sep' 25

Team Careers360Updated on 08 Oct 2024, 06:06 PM IST

The MBA HR salary for freshers in India typically lies in the range of Rs. 4 to 10 lakh per annum. The MBA in HR management salary might be more for a candidate having prior experience in a similar role through a job or internship. The candidates should be aware of the MBA HRM salary and future growth before deciding to opt for the Human Resource specialization. The HR salary after an MBA can be significantly higher. Some of the best companies for MBA HR in India are TATA, EY, KPMG, Infosys, Wipro, Amazon, HDFC and many more.

MBA HR Salary in 2024 - Know Average & Highest Salary, Career, Scope
MBA HR Salary in 2024

This article serves as a comprehensive guide to MBA HR salary and scope, especially for fresher candidates wanting to know about MBA HR jobs and salaries.

Average MBA HR Salary Offered in India

The average MBA HR salary across different industries along with a few recruiting companies are mentioned in the table given below.

Industry

Recruiting Companies

MBA HR Salary in India (INR)

Manufacturing

  • Reliance

  • Tata Motors

  • Maruti Suzuki

6 to 15 LPA

Consulting Firms

  • EY

  • Delloite

  • Accenture

8 to 20 LPA

IT and Technology

  • TCS

  • Infosys

  • Wipro

7 to 15 LPA

Banking and Financial Services

  • HDFC Bank

  • ICICI Bank

  • Axis Bank

8 to 18 LPA

Startups and E-commerce

  • Ola

  • Amazon

  • Flipkart

6 to 12 LPA

Check out:

Factors Influencing MBA HR Salary

Now, the average salary of MBA HR freshers in India will vary as per a few important factors. The MBA HR salary is affected by these factors to a large extent. The factors influencing MBA HR salary are discussed below.

Industry: The type of industry plays a vital role in determining the MBA HR salary. Industries like finance, consulting, and IT offer a higher starting salary.

Job Role: The particular job role for which a candidate is hired decides what would be the salary package for it. A senior HR role would be paid more than a junior HR.

Individual Performance: The performance of a candidate in the interview or selection rounds decides the MBA HR salary they would be getting upon getting selected for the applied role.

Job Market: The underlying job market is crucial for the MBA HR salary. A highly demanding job market would enable candidates with high salary packages and vice versa.

Geographical Location: Often the job location is in tier 1 or metro cities like Mumbai, Bengaluru, and Delhi NCR offer a bigger salary as compared to tier 2 or 3 cities for the same role.

Reputation of the Institute: Candidates from highly reputed institutes like IIMs tend to get paid much higher salaries than other MBA marketing candidates.

Frequently Asked Questions (FAQs)

Q: Can I do an MBA in HR without an entrance exam?
A:

Yes, an MBA in HR can be pursued without appearing for any of the MBA entrance exams. Interested candidates can directly apply to MBA colleges that do not consider entrance exam scores for admission to their MBA programs.

Q: Is an MBA in HR a good career?
A:

The MBA in HR is a good career option for individuals who are well-equipped with people skills, effective communication, team building, and leadership skills. It can also be a great career option for becoming a performance coach.

Q: Does MBA HR have maths?
A:

The initial two semesters common to all have some maths. The later stages would not require exceptional mathematics skills. It is still advised to have a basic level of mathematical ability for encountering daily work problems.

Q: What is the salary of HR after an MBA?
A:

 The starting salary of an HR after an MBA is generally between Rs. 4 to 10 lakhs per annum. The salary will increase with more and more years of experience. The salary for MBA HR can go up to Rs. 30 lakhs per annum on the higher end.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Yes, you can fill the CAT form even if you currently have a backlog. CAT eligibility requires you to be in your final year of graduation or already graduated backlogs don’t stop you from applying.

While filling the form:

  • Enter the aggregate percentage/CGPA of marks you have obtained up to the latest semester for which results are declared (in your case till 4th semester).

  • There will be an option to mention that you have a backlog.

  • If you clear the backlog later, you’ll just need to show the updated marks during admission.

Hello Aspirant,

Yes, you can apply for the CAT exam as a final-year student. You must declare your backlog on the online application form. You do not write about it on the final-year student certificate; that document is to certify your enrollment status. You must clear all backlogs before the final admission process to any MBA college.

Hello,

Thank you for your question!

KL- MAT syllabus: Quantitative Aptitude, Reasoning, English/Verbal Ability, and General Awareness (similar to MAT/CMAT pattern).

CAT scores are valid in many private universities including KL University, but always check the year’s admission notification.

CAT vs other exams: CAT is toughest (IIMs + top B-schools), while MAT/CMAT/ATMA are relatively easier and accepted by many mid-level private universities.

Hello it will clear your doubt!

Hello Aspirant,

  1. I saw a cat. The cat found an old map inside a drawer of the king's palace.

Here's why:

  • "a cat": It's the first time we mention the cat, so it's indefinite.

  • "The cat": Now we're talking about that specific cat we just mentioned, so it's definite.

  • "an old map": It's the first time we mention a map, and "old" starts with a vowel sound, so "an."

  • "a drawer": It's one of possibly many drawers, not a specific one known to us yet.

  • "the king's palace": This is a specific, unique place, so "the."

Hello Kapish

You can find the last 5 year questions of DILR for CAT at Careers360 website. Moreover, you can find the previous year papers of all the subjects i.e. DILR, Quants and VARC. I am attaching the link through which you would be able to access the same.

Here's the link: CAT Previous Year Papers by CAREERS360
Sample paper of DILR: CAT Sample Paper (DILR) by CAREERS360

Thank You!!!