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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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 ?

The three key formulas that can solve almost all Profit & Loss problems are:

  1. Profit/Loss % = (Profit or Loss / Cost Price) × 100%, where CP is the cost price.

  2. Discount % = (Discount / Marked Price) × 100%, where MP is the marked price.

  3. Mark up % = (Mark up Value / Cost Price) × 100%, where CP is the cost price.


These formulas can be adapted for problems involving discounts, marked price, or successive gains/losses.

For detailed examples and variations, you can from the article

https://bschool.careers360.com/articles/profit-and-loss-for-cat-2025-only-3-formulas-needed-for-all-variations

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.