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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 |
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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 |
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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:
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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.
The average salary for an MBA fresher is Rs 46,000+ per month in India. The average cash compensation of a MBA fresher in India ranges from Rs 22,000 - Rs 25,000/-.
Yes, those who are pursuing or willing to pursue General MBA from a top business school can lead their path for aspiring CEOs.
Jobs after MBA is well known for being high pay. The average salary of an MBA graduate in India ranges from Rs 7 to 12 LPA and that can go to Rs 70 to 100 LPA.
The top 5 highest paying MBA specializations in India are MBA in marketing, MBA in finance, MBA in Business Analytics, MBA in Operation, and MBA in Entrepreneurship. After completing MBA in specified specializations, candidates can get average salary of Rs 10 LPA.
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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.
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