MBA Salary in India: The most asked question around the internet is what is the highest MBA salary in India? The MBA salary of a candidates in India offered is directly proportional to the qualification and experience. The top MBA colleges in India offer extremely good placements with high salary packages and this is one of the reasons for numerous students opting MBA courses every year.
MBA salary also depends upon the MBA specialization chosen by a applicant. Usually, the highest MBA salaries are grabbed in MBA specializations like Finance, Marketing, General Management, Business Analytics, and Entrepreneurship. With industries changing quickly, the scope for MBA professionals has undergone a radical shift. On average, the highest paying jobs after MBA in India offer a salary of Rs 4,00,000 to 32,00,000 per annum, depending on the domain and specialization chosen by the applicant.
Factors affecting MBA salary in India
The MBA starting salary in India completely depends on five main factors.
- MBA specialization opted by the applicant
- Experience of the candidate
- Industry
- Institute/ college from which a candidate has passed
- Designation
MBA Starting Salary in India
The average placement MBA salaries for some of the top business schools in the country is as follows:
Name of the Institution | MBA starting salary (per annum)* |
FMS Delhi | Rs 21.1 Lakh |
MDI Gurgaon | Rs 19.17 Lakh |
XLRI Jamshedpur | Rs. 20.1 Lakh |
SPJIMR Mumbai | Rs 22.1 Lakh |
JBIMS Mumbai | Rs 18.91 Lakh |
Mangalmay Institute | Rs 9.27 Lakh |
Specialization wise MBA Salary in India
The types of jobs for which you will be eligible for in the future, will be determined by your specialization. Choosing the right MBA specialization may improve your resume, especially if you feel that your undergraduate degree alone is holding you back from making progress. Choosing the best MBA specialization is compulsory as employers hire employees based on their specialized skills. The majority of the students are selected from marketing, followed by the finance specialization.
Average MBA Salary as per specialization
MBA Specialization | Average MBA Salary* |
MBA Finance | Rs 2,00,000 to Rs 14,70,000 |
MBA Human Resource Management | Rs 4,50,000 to Rs 15,50,000 |
MBA Information Technology | Rs 10,000 to Rs 6,00,000 |
MBA Logistics Management | Rs 6,25,000 to Rs 8,50,000 |
MBA Marketing Management | Rs 14,25,000 to Rs 20,43,000 |
MBA Finance Salary in India
MBA in Finance is one of the popular options for an person looking forward to a postgraduate degree. A graduate with a MBA specialization in Finance will be responsible to analyse the company’s reports, how to maximize the stock values, forecast economic trends, balance risk and profitability, and at last investment portfolio management.
Average MBA Finance Salary
Job Position | Average Salary |
Accounting Manager | Rs 7,10,360 |
Credit Managers | Rs 5,80,576 |
Financial Analyst | Rs 4,12,339 |
Corporate Controllers | Rs 12,24,490 |
MBA in HR Salary in India
As the amount of employees increases, so does the requirement arise for personnel to manage their activities. because of 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 increase further.
Average Salary for MBA in HR 2022
Job Position | Average Salary |
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 |
MBA Marketing Salary in India
An MBA in Marketing can assist you get a job promotion and qualify for management and executive positions in your present company. Since postgraduate business programs emphasize developing leadership and communication skills, graduates can advance to marketing positions with no difficulty.
Whether you are interested in sales, advertisement, brand management, business development, media and entertainment or even general management, these skills form the heart of any senior-level role.
Salary in MBA Marketing Management
Job Profile | 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 |
Looking for Best MBA College in Delhi NCR with best placement records? Mangalmay Institutions offers a two year full time Masters in Business Administration (MBA) Program is affiliated to Dr. A.P.J. Abdul Kalam Technical University , Lucknow.
Mangalmay Institutions offer dual specialization program offers career options in:
- Marketing
- Finance
- Human Resource
- Information Technology
- International Business
- Operations
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