MBA Marketing Salary - Average & Highest Salary, Career, Scope

MBA Marketing Salary - Average & Highest Salary, Career, Scope

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Team Careers360Updated on 07 Aug 2024, 12:23 PM IST

The MBA marketing salary is a key aspect for MBA aspirants going for the MBA course in the marketing specialization. The MBA marketing salary usually ranges from Rs. 5 lakhs per annum to as high as Rs. 20 lakhs per annum. This is the estimated starting salary range for MBA marketing candidates. The salary might differ as per the different factors involved. The candidates can use this article as a tool to understand the extent to which different factors can affect the MBA marketing salary along with the average salary package offered to MBA marketing candidates at various MBA colleges throughout India.

MBA Marketing Salary Offered in India (Average)

The average MBA marketing salary offered in India across different marketing roles for different profiles in different industries is given in the table below.

S No.

Industry

Recruiting Companies

MBA Marketing Salary (INR)

1.

FMCG

  • Hindustan Unilever

  • Procter and Gamble

  • Nestle

8 to 15 LPA

2.

Retail

  • Reliance Trends

  • Titan

  • DMart

6 to 12 LPA

3.

E-Commerce

  • Amazon

  • Flipkart

10 to 20 LPA

4.

Consulting Firms

  • BCG

  • EY

  • Delloite

10 to 20 LPA

5.

Advertising and Media

  • Zee

  • NDTV

  • India Today

6 to 12 LPA

Factors Influencing MBA Marketing Salary

There are a lot of factors involved that together influence the MBA marketing salary of candidates. The major factors influencing MBA marketing entry-level salary are discussed below briefly.

Industry: The type of industry plays a vital role in determining the MBA marketing 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 product marketing role would be paid more than a digital marketing role.

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

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

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: Which job is best after an MBA in marketing?
A:

A job related to product marketing can be considered best after an MBA in marketing. The job involves the candidate being responsible for the overall effective marketing of a product being released by the company.

Q: Is an MBA in marketing in demand?
A:

MBA in marketing has always been evergreen in terms of demand. Candidates wanting to leave their mark in the marketing universe can opt for an MBA in marketing.

Q: What is the monthly salary of an MBA in marketing?
A:

The monthly salary for a professional through MBA marketing can be anywhere between Rs. 40,000 to Rs. 1,50,000. The salary would keep on increasing as the professional is more and more experienced.

Q: Does an MBA in marketing pay well?
A:

An MBA in marketing pays decently well. The salary package can range from 5 to 20 lakhs per annum. The salary would vary depending on factors like industry, job role, job market, institute, etc.

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Hey! With an All India Rank (AIR) of 302,821 in NEET and belonging to the BCE category, it is highly unlikely to get a BDS seat in Telangana under the state quota, as the closing ranks for BCE are usually below 50,000. You may consider applying to private colleges under management quota or explore BDS seats in other states, but the chances remain very limited with this rank.

At KIMS Amalapuram, the internship stipend for MBBS students is generally reported to be around 20,000 per month, though some students have mentioned that in certain years no stipend was provided at all, which means it can vary depending on the policies in place at the time of your internship. To get the most accurate and updated information, it is always best to confirm directly with the college administration or recent interns, but on average, you can expect a stipend in the range of 18,000-20,000 per month during the compulsory rotating internship.

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