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MBA salary in India are increasing year by year as the demand for MBA graduates in the job market increases. As per reports, the new MNA graduates in India are getting average MBA salary of Rs 4,51,096/-. However, the salary of MBA graduates varies depending on certain factors including Previous experience, Job roles, Company, Specialization, Location, and reputation of the institution. Some of the highest paying MBA specializations are Business Analytics, Finance, International Business, Information technology management, and event management. Top MBA colleges in India, like IIMs, provide jobs after MBA and salary ranging from 70 lakhs to 1 crore.
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As per few reports, investment bankers can earn an average MBA salary in India or Rs 4.5 LPA and the highest salary can be around Rs 40.4 LPA. The qualifications and experience of the candidate are directly proportional to the MBA salary per month offered by the company. Read this article to know in detail about the MBA full form salary, jobs after MBA, average salary of MBA in India, MBA highest salary in India, MBA scope and salary in India, etc.
The common question on the internet is: What is the salary of MBA in India per month? The average salary for MBA in India per month is 90,000 to 1 lakh and annual MBA salary in India, as per the pay scale, is Rs 7.71 lakhs. The top B-schools in India offer very good placements with high salary packages, and this is one of the reasons why so many students opt for MBA courses every year.
The highest MBA degree salary in India is provided for the MBA specialisation in finance, marketing, general management, business analytics, and entrepreneurship. With industries changing rapidly, the scope for MBA professionals has undergone a radical shift. On average, the highest-paying jobs after MBA in India offer a salary of upto Rs. 32,00,000 per annum, depending on the domain and specialisation chosen by the candidate.
There are numerous job opportunities for MBA graduates in India in various sectors. Before taking MBA admission, candidates should choose specialization for the same as per their interest and career goals. Check out some of the top job sectors after the completion of an MBA in India.
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After MBA jobs and salary will differ based on the designation. Check out below the MBA placement salary in India and its type.
Types of MBA | Starting MBA Degree Salary in India |
Regular MBA | Rs 2.7 LPA |
Distance MBA | Rs 3.5 LPA |
Online MBA | Rs 5 LPA |
Executive MBA | Rs 4 LPA |
Also, Know all about MBA Course
Before or while pursuing an MBA programme, students usually search for MBA full form salary per month or in general what is the MBA in hospital management salary per month as per their MBA specialisation. Check out the breakdown of the monthly MBA placement salary for graduates.
MBA Specialisation | Average MBA salary in India per month |
MBA marketing salary per month | Rs 65,000 |
MBA in digital marketing salary in India per month | Rs 45,000 |
MBA in finance salary India per month | Rs 60,000 |
MBA in HR salary in India per month | Rs 43,000 |
MBA in business analytics salary in India per month | Rs 45,000 |
MBA in entrepreneurship salary per month | Rs 45,000 |
MBA in operations salary per month | Rs 63,000 |
MBA in IT salary per month | Rs 48,000 |
MBA in event management salary per month | Rs 50,000 |
MBA in healthcare salary per month | Rs 50,000 |
The types of jobs for which you will be eligible in the future will be determined by your MBA specialisation. So, it is necessary to know the MBA scope and salary. The majority of the students are selected from marketing, followed by the finance specialisation. So, choosing the right MBA specialisation will enhance your resume and the scope of employment and MBA salary in India. Choosing the best MBA specialisation is mandatory, as employers recruit employees based on their specialised skills as well. Check the MBA salary in India stream wise:
MBA Specialization | Average MBA Salary |
Rs 2,00,000 to Rs 14,70,000 | |
Rs 4,50,000 to Rs 15,50,000 | |
Rs 10,000 to Rs 6,00,000 | |
Rs 6,25,000 to Rs 8,50,000 | |
Rs 14,25,000 to Rs 20,43,000 |
*- The salaries are quoted as per payscale.com.
An MBA in Finance is one of the most popular options for an individual looking forward to a postgraduate degree. A graduate with a specialisation in Finance will be responsible to analyse the company’s reports, how to maximise the stock values, forecast economic trends, balance risk and profitability, and at last investment portfolio management. Know the average MBA finance salary in India offered to individuals in the finance sector:
Job Position | Average Salary of MBA in Finance |
Accounting Manager | Rs 7,10,360 |
Credit Managers | Rs 5,80,576 |
Financial Analyst | Rs 4,12,339 |
Corporate Controllers | Rs 12,24,490 |
As the number of employees increases, so does the requirement for personnel to manage their activities. Due to the cited reason, MBA in HR has gained traction across all verticals. The requirement of an MBA in HR professionals can be seen across all the industry domains and is expected to rise further. Check out the average MBA salary in India for various levels of HR roles:
Job Position | Average Salary of MBA in HR |
Human Resources Manager | Rs 7,05,853 |
Senior Human Resources Consultant | Rs 11,64,803 |
HR Operations Manager | Rs 8,74,286 |
Employee Relations Manager | Rs 7,32,503 |
Students studying an MBA in Information Technology Management are structured to train and produce managers who can effectively handle the planning, design, selection, implementation, use, and management of current and parallel information and communication technologies. Check out the average MBA degree salary in India for IT profiles:
Job Position | MBA Average Salary in IT |
Project Manager | Rs 12,44,457 |
Business Development Manager | Rs 5,98,910 |
Marketing Manager | Rs 6,90,763 |
System Manager | Rs 8,81,633 |
Logistics management is a significant part of supply chain management, which deals with planning, implementing, controlling the flow, storage of goods and services between the point of origin and point of consumption. Know the average MBA salary in India for logistics management profiles:
Job Position | MBA Average Package |
Logistics Officer | Rs 4,36,344 |
Logistics Supervisor | Rs 2,56,529 |
Logistic Manager | Rs 6,06,122 |
Supply Chain Coordinator | Rs 3,97,561 |
An MBA in marketing can help you get a job promotion and qualify for management and executive positions in your current company. Since postgraduate business programmes emphasize developing leadership and communication skills, graduates can advance to marketing positions with great ease.
Whether you are interested in sales, business development, media and entertainment, advertisement, brand management, or even general management, these skills form the heart of any senior-level role. Top institutes offering an MBA in marketing are and good MBA placement salary are: IIM Bangalore, IIM Calcutta, IIM Ahmedabad, XLRI Jamshedpur, IMT Ghaziabad, and Indian School of Business Hyderabad. Some of the top recruiters for an MBA in marketing are Vodafone, Amazon, Samsung, Hindustan Unilever, and Flipkart.
Job Profile | Marketing Salary in India |
Senior Marketing Manager | Rs 1,342,969 |
Marketing Manager | Rs 685,280 |
Senior Business Analyst | Rs 994,494 |
Business Development Manager | Rs 597,879 |
Business Development Executive | Rs 299,907 |
Area Sales Manager | Rs 609,533 |
Project Manager | Rs 1,263,774 |
Also Read:
In India as far as the MBA starting salary in India is Rs 24 lakh per annum onwards. Candidates who are pursuing MBA specialization in finance, marketing, data analytics, and HR can expect that much MBA salary in India. Here we have provided the average placement salary of the top B-schools in India.
Institute name | MBA starting salary in 2023 (per annum) |
FMS Delhi | Rs 34.1 LPA |
MDI Gurgaon |
|
SPJIMR Mumbai | Rs 33.02 LPA |
XLRI Jamshedpur | Rs 30.07 LPA |
IIM Indore | Rs 30.21 LPA |
JBIMS Mumbai | Rs 27.63 LPA |
IIFT Delhi | Rs 29.10 LPA |
MBA salary with experience for graduates is higher than those of freshmen. The MBA salary in India as per the experience of individuals is based on an evaluation of average salaries in various fields. Here are the details about MBA salary in India for experienced.
MBA specialisation | MBA Salary in India for Freshers | MBA Salary in India after 5 years | MBA Salary in India after 10 years |
MBA in Marketing | Rs. 3 LPA | Rs. 5 LPA+ | Rs. 13 LPA+ |
MBA in Finance | Rs. 3.98 LPA | Rs. 6 LPA+ | Rs. 15 LPA+ |
MBA in HR | Rs. 2.85 LPA | Rs. 5.25 LPA+ | Rs. 11 LPA+ |
MBA in IT | Rs. 5 LPA | Rs. 7 LPA+ | Rs. 14 LPA+ |
Given below is an average figure for MBA salary in India offered in multiple fields based on the experience level of an individual.
Note- These are just the estimated salary after MBA. The actual figures vary company-wise and by considering other factors too.
Check the MBA salary in India for freshers for various designations from the table below:
MBA Profile | MBA Fresher Salary in India |
Supply Chain Manager | Rs 3.42 LPA |
Operations Manager | Rs 3.72 LPA |
HR Manager | Rs 3.69 LPA |
Marketing Manager | Rs 4.13 LPA |
General Manager | Rs 6.50 LPA |
Resource Links for Online MBA
The range of MBA salary in India is influenced by location, specialisation, market trends and demand. The MBA salary in Indian cities vary from each other to a certain extent. MBA aspirants living in different parts of the country can check the range of highest, lowest and average MBA salary in Indian cities given below.
Cities in India | Lowest MBA salary in India | Average MBA salary in India | MBA highest package in India |
MBA Salary in Bengaluru | 1.1 LPA | 10.54 LPA | 33.65 LPA |
MBA Salary in Delhi | 4.32 LPA | 8.32 LPA | 13.32 LPA |
MBA Salary in Gurgaon | 1.22 LPA | 12.30 LPA | 21.85 LPA |
MBA Salary in Chennai | 2.37 LPA | 8.85 LPA | 21.58 LPA |
MBA Salary in Hyderabad | 2.55 LPA | 8.73 LPA | 17.55 LPA |
MBA Salary in Mumbai | 2.04 LPA | 7.53 LPA | 27.83 LPA |
MBA Salary in Pune | 5 LPA | 6.6 LPA | 7 LPA |
MBA Salary in Kolkata | 3.46 LPA | 10.27 LPA | 23.08 LPA |
MBA Salary in Ahmedabad | 2.52 LPA | 7.39 LPA | 19.18 LPA |
Cities in India | Lowest MBA Salary in India | Average MBA Salary in India | Highest MBA Salary in India |
MBA Salary in Bengaluru | 4.44 LPA | 5.28 LPA | 11.28 LPA |
MBA Salary in Delhi | 3.44 LPA | 8.31 LPA | 16.20 LPA |
MBA Salary in Gurgaon | 1.47 LPA | 6.96 LPA | 18.93 LPA |
MBA Salary in Chennai | 1.17 LPA | 5.08 LPA | 13.68 LPA |
MBA Salary in Hyderabad | 1.32 LPA | 8.36 LPA | 20.87 LPA |
MBA Salary in Mumbai | 1.44 LPA | 6.84 LPA | 23.52 LPA |
MBA Salary in Kolkata | 2.93 LPA | 9.29 LPA | 26.29 LPA |
Source: in.jooble.org
Check out the after-MBA salary in India offered by top B-schools and management institutions like IIMs.
IIM MBA Graduate Salary in India is considered the highest MBA salary of MBA in India. The Indian Institute of Management offers the highest MBA package in India, up to Rs. 1 crore. Check out the MBA highest salary in India offered by IIMs given below:
Name of IIM | Highest MBA salary in India (per annum – Rs in lakh) | Average MBA salary in India (per annum - Rs in lakh) |
55.88 | 26.13 | |
32.10 | 26.18 | |
-- | 29 | |
51 | 26 | |
46.88 | 22.50 | |
41.50 | 23.60 | |
32.00 | 19.17 | |
22.80 | 13.74 | |
|
| |
28.12 | 15.20 | |
25.00 | 14.96 | |
45 | 13.82 | |
40.00 | 13.84 | |
19.20 | 13.12 | |
27 | 13.08 | |
20 | 11.20 | |
40 | 12.61 | |
26 | 11.28 | |
18.92 | 11.61 | |
24.50 | 10.64 |
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The average placement MBA marketing salaries for some of the top business schools in the country are as follows:
Name of the Institution | MBA starting salary (per annum)* |
Rs 21.1 Lakh | |
Rs 19.17 Lakh | |
Rs. 20.1 Lakh | |
Rs 22.1 Lakh | |
Rs 18.91 Lakh | |
Rs 18.27 Lakh |
* These are the approximate figures. The actual numbers may vary.
Top MBA institutes in India | MBA Average Salary in India (INR) | Top Recruiters |
Indian Institute of Digital Education (IIDE) | 5.5 LPA | Times of India, Kinnect, One Plus India, Tik Tok |
4.8 LPA | Morgan Stanley, Genpact, IBM | |
8.5 LPA | Cognizant, Airtel, ICICI Bank | |
3.5 LPA | Cognizant, Informatica, Capgemini, Bosch | |
10 LPA | MindTree, Times Internet, Fireworks, Wipro. Infotech | |
7 LPA | UpGrad, Asian Paints, CoolBoots, Berger Paints |
Interpersonal skills are, of course, essential for anyone in a leadership role. These can really make the difference between success and failure, be it with clients, peers, or those you’re managing. And let’s not forget, lacking such skills will seriously impede your ability to engage in that all-important networking—no one’s going to share the hottest new opportunity with you if you can’t engage with them.
Strategic thinking is a cornerstone of the MBA salary; one of the main intended outcomes of the degree has always been to help you move from a functional role to a ‘big picture’ one. Are you able to see the future of an organisation and how it’s going to get there, factoring in the agility to deal with competitors and market forces? If so, you will find yourself much in demand with top MBA employers.
Entrepreneurial skills are the ability to spot a gap in the market, judgement enough to know whether it’s worth filling, and creativity and technical understanding, if not ability, to do so can be invaluable to a dynamic organisation with designs on growth. And remember, not every example of entrepreneurship needs to change the world.
Being able to communicate up, down, and across is essential in any management position. Communication skills are an area in which employers have often found candidates somewhat lacking. Luckily, this is also a skill set that an MBA will help you to foster, with working in diverse groups and all its concomitant challenges playing a significant role in MBA learning.
A good manager will possess leadership skills to facilitate the carrying out of functional roles by his or her subordinates—not an easy undertaking by any means. However, a good leader will inspire those who work with them and around them, make them feel valued, and give the whole undertaking a sense of direction. Notably, this was the skill surveyed: top MBA employers were most satisfied with the skills MBAs possessed.
The city in which we choose to work plays a major role in our professional life. The cities that offer the best opportunities for an MBA graduate are:
B-School Accepting CAT Scores - Location-wise
NOTE: The above-mentioned salary ranges are not fixed and are variable based on candidates' skills, professional capabilities, and relevant experience.
The salary of an MBA after completion course varies as per the specalisation taken and the experience of the candidates. A detailed table has been provided in this article regarding the same.
The last year placements for IIM MBA were tremendous, and they ranged from the highest salary of around 1 Cr to a minimum salary of 18 LPA.
MBA salary in India ranges from 7 LPA to 12 LPA for various MBA specialisations. The MBA average salary in India was Rs 7.71 LPA.
Currently, Business Analytics stands as the most lucrative MBA specialization and have the highest starting MBA salary per month in India. Pursuing an MBA in Business Analytics entails a methodical examination of data with the aim of deriving sound conclusions and making informed choices.
The median income of a Chartered Accountant (CA) significantly surpasses that of an MBA graduate. CA Vs MBA salary is approximately INR 8.06 LPA, whereas an MBA graduate typically earns between INR 4 LPA and 5 LPA on average.
Elevated remunerations for MBA professionals stem from their prized education, extensive expertise, and specialized proficiencies. Furthermore, MBA programs boast well-established affiliations with premier corporations, which result in lucrative employment prospects.
After completion of CA certificate, candidates can pursue MBA degree to boot their skills, abilities, and professional opportunities.
The student cannot join the postgraduate MA program directly in the second year of the MA after completing the MBA.
Universities generally expect students to begin the first year of a masters' program even though they had qualifications at the level of a bachelor's degree. The university's curriculum along with the courses are planned to give an in-depth knowledge of the subjects.
But you could opt for:
Postgraduate Studies:
Research Career: In case research interests you, then you can pursue a Ph.D. in your specific interest.
Specialized Master's Programs: Find any specific master's course that supports the career goal.
Professional Certifications:
Make a professional certification in CFA, CA, or FRM to enhance the professional skills and better opportunities in the career field.
Job Entry via MBA
After gaining an MBA from a renowned institution, it's possible to get entry into the corporate world where the diversity in the career field is assured.
In the end, it would depend on what you would like and what you are particularly interested in. It will be better if you take a suggestion from your academic advisor or career counselor.
Hello Pratik,
If your family income exceeds 8 LPA, it will affect your eligibility for the NC-OBC category under the CAT reservation rules. The NC-OBC category requires that the family income should be below 8 LPA to qualify. If you anticipate that your income will exceed this threshold, you should update your status and notify the CAT authorities .
Here's what you can do:
Email the CAT authorities
: Inform them about the potential change in your income status and request to be considered under the
General
category, if applicable. You should do this before the examination or any further processing, as your eligibility for the OBC category depends on the income criteria.
Documents and Proof
: Make sure you have a valid
OBC certificate
and any relevant documentation regarding your family income, in case they require verification. Also, be aware that if your income exceeds 8 LPA, you might need to apply under the
General
category, as the OBC-NC reservation is no longer applicable.
General Category Consideration : If your application is accepted as General, you will be evaluated based on the General category criteria, including cutoffs and ranking.
To summarize, notifying the CAT authorities is the correct approach to avoid discrepancies later, and if your income is above the threshold, you will be treated as a General candidate for the admissions process.
For more details about CAT exam you can check out an article by Careers360 whose link is given below:
Link: https://bschool.careers360.com/exams/cat
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hi Shreya ,
Having a tattoo on your wrist should not create a problem during the CAT exam as long as it does not contain any content that violates exam rules , such as communication-related symbols , unauthorised messages or any text resembling formulas or answers .
For a safe side , it is recommended :
1. Inform the Invigilators : Let them know about your tattoo during the identification check , so there are no misunderstandings .
2. Follow the Guidelines : Ensure you follow all instructions regarding permissible items and dress code on the exam day .
Hope this helps you .
ALL THE BEST .
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Hello,
Yes, you can also join IIMs two years after graduation, depending upon the justification in interviews and your performance in entrance exams. If you are not sure about CAT, try those other management exams less hard:
Common Management Admission Test: Easier than CAT; 4-5 months of continuous preparation will suffice.
MAT : Much easier and takes place thrice a year.
SNAP (Symbiosis National Aptitude Test): A bit easier than CAT, apt for Symbiosis Institutes.
Xavier Aptitude Test or XAT : Hence, easier than CAT but the unique decision-making section.
Use exams like CMAT and MAT as a challenge to be competitively prepared. This can be given about 4-5 months, along with a few rounds of mock tests and smart studying.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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