Salary After MBA in India (2025): Best High Paying MBA Specializations

November 20, 2024
salary after mba
Quick Summary

Quick Summary

  • The minimum qualification for MBA is a bachelor’s degree with minimum of 50%.
  • The average pay scale for an MBA graduate ranges from 8.0 to 12.0 LPA and it can go to 70 – 100 LPA.
  • MBA stands for Master of Business Administration. Some popular MBA specializations are Finance, Marketing, Human Resources etc.

Table of Contents

If you’re considering pursuing an MBA in India, one of the first questions that likely comes to mind is: What is the salary after MBA? Whether you’re interested in working in finance, marketing, or human resources, knowing what you can expect to earn after completing an MBA can help guide your decision-making process.

In this article, we’ll break down everything you need to know about Salary After MBA in India, including factors that influence your salary, which industries pay the highest salaries, and how your education and experience can impact your earnings. Let’s dive in!

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Salary After MBA Graduation in India (2025)

The average salary of MBA graduates in India varies based on experience level:

Experience LevelAverage SalarySalary Range
Entry Level (0-3 years)₹6-8 LPA₹4-12 LPA
Mid Level (4-8 years)₹15-18 LPA₹12-25 LPA
Senior Level (9-12 years)₹25-35 LPA₹20-50+ LPA
Average salary after MBA in India


However, this is a broad range and can vary depending on several factors like your specialization, the reputation of the MBA institution, and your work experience.

Factors that Influence MBA Salary in India:

  • Specialization: Certain MBA specializations like Finance and Marketing tend to offer higher salaries.
  • Institution: Graduates from top-tier institutes like IIMs can expect significantly higher salaries.
  • Location: Cities like Delhi, Mumbai, and Bangalore tend to offer higher salaries compared to smaller cities.
  • Experience: A fresher with no work experience might earn less than someone with prior professional experience.

MBA Graduates Salary by Specialization

Here is the list of MBA job opportunities and salary after an MBA degree:

Job ProfileSalary (per annum)
Investment Banker₹2 Lakhs – ₹51 Lakhs
Project Manager₹4.2 Lakhs – ₹30 Lakhs
Consultant₹4.5 Lakhs – ₹22.7 Lakhs
Marketing Manager₹2.4 Lakhs – ₹25 Lakhs
Business Development Manager₹2.6 Lakhs – ₹17 Lakhs
Financial Analyst₹2.1 Lakhs – ₹12.9 Lakhs
HR Manager₹2.9 Lakhs – ₹19 Lakhs
Business Analyst₹3 Lakhs – ₹17 Lakhs
Operation Manager₹3 Lakhs – ₹21.8 Lakhs
Data Analyst₹1.8 Lakh – ₹13 Lakhs
Sales Manager₹2.2 Lakhs – ₹16 Lakhs
Advertising Manager₹1.6 Lakh – ₹21 Lakhs
Digital Marketing Manager₹3 Lakhs – ₹19 Lakhs
Brand Management Executive₹1.5 Lakh – ₹10.9 Lakhs
eCommerce Specialist₹1.5 Lakh – ₹9.6 Lakhs
Highest Paying Jobs after MBA


Source :- Ambitionbox

1. Investment Banker

Investment bankers earn a good salary after an MBA. They can earn an average of INR 4.5 LPA, and the highest MBA salary in India can be around INR 40.4 LPA.

Educational Qualifications:

  1. Bachelor’s Degree: Popular degrees for aspiring investment bankers include finance, economics, business administration, commerce, and accounting. Top-tier universities and business schools are often preferred by major investment banking firms.
  2. Master’s Degree (Optional): An MBA can significantly enhance your chances of entering high-profile investment banking roles. Specializations in finance, financial management, or corporate finance are particularly relevant.
  3. Professional Certifications: While not always mandatory, certifications can enhance your profile.

Relevant certifications include:

  • Chartered Financial Analyst (CFA)
  • Chartered Accountant (CA)
  • Certified Financial Planner (CFP)
  • Financial Risk Manager (FRM)

Skills Required

  • Analytical Skills: Ability to analyze financial reports, market trends, and investment opportunities.
  • Quantitative Skills: A strong aptitude in mathematics and statistics is crucial for financial modeling and valuation.
  • Communication Skills: Proficiency in both verbal and written communication is essential, as the role involves dealing with clients and presenting complex financial information.

2. Project Manager

Project managers are responsible for the execution of the entire project. They are hired by top IT firms which gives them a good salary. On average, a project manager can earn INR 14.5 LPA and, with experience, can reach INR 26 LPA.

To become a project manager in India, various educational qualifications and professional certifications can greatly enhance your prospects. The role of a project manager typically involves planning, executing, and leading projects across industries, making versatility and leadership skills crucial. Here’s a detailed look at the qualifications and eligibility criteria for aspiring project managers in India:

Educational Qualifications

  1. Bachelor’s Degree: For project management, relevant fields can include business management, engineering, computer science, information technology, or any specific field related to the industry in which you aim to manage projects (like construction, IT, healthcare, etc.).
  2. Master’s Degree (Optional): While not necessary, a master’s degree can enhance your qualifications, especially in competitive industries. An MBA or a master’s in project management can provide advanced knowledge and skills that are beneficial in a project management career.

Skills Required

  • Leadership and Team Management: Project managers must be able to lead and motivate diverse teams.
  • Communication Skills: Effective verbal and written communication skills are crucial for dealing with various stakeholders including team members, clients, and vendors.
  • Technical Skills: Depending on the industry, technical knowledge related to the field (e.g., IT, construction) might be necessary.

3. Consultant

A consultant is one of the highest-paying jobs after an MBA where candidates can earn a good salary. On average, they can make up to INR 10 LPA which can further extend to INR 22 LPA.

Educational Qualifications

Bachelor’s Degree: This is the fundamental requirement for becoming a consultant. The degree should ideally be in a field relevant to your area of specialization. For example:

  • Management Consulting: Degrees in business administration, economics, or finance.
  • Master’s Degree or MBA: Masters’s degrees are valued in high-level consultancy roles and are beneficial for gaining deep knowledge and critical analytical skills.
  • IT Consulting: Degrees in information technology, computer science, or related fields.
  • Educational Consulting: Degrees in education, psychology, or similar fields.
  • Healthcare Consulting: Degrees in health administration, public health, or biological sciences.

Skills Required

  • Analytical Skills: Strong ability to analyze data, recognize patterns, and provide solutions based on findings.
  • Communication Skills: Fluency in both verbal and written communication is essential, as consulting often involves presenting and explaining complex information to clients.
  • Problem-solving Skills: Ability to quickly identify problems and think logically and creatively to solve them.

4. Marketing Manager

Marketing managers make a decent amount of salary. Their average salary can be around INR 2.4 to 7.4 LPA. The highest salary can reach up to INR 23 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in marketing, business administration, communications, or a related field is generally required to start a career in marketing.
  2. Master’s Degree (MBA): MBA programs typically offer advanced coursework in market research, consumer behavior, digital marketing, brand management, and strategic marketing.

Skills Required

  • Strategic Thinking: Ability to develop strategic marketing plans based on market research and competitive analysis.
  • Communication Skills: Strong verbal and written communication skills are essential for crafting messages, handling marketing campaigns, and leading teams.
  • Digital Marketing Proficiency: Understanding of SEO, PPC, social media marketing, content marketing, and data analytics.

Also Read :- The Ultimate Marketing Management Guide

5. Business Development Manager

The salary of a business development manager in India can be anywhere around INR 2.5 to 5.3 LPA and the highest salary can be INR 15 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree is typically required, with fields such as Business Administration, Marketing, Economics, or Finance being particularly relevant. Degrees like BBA (Bachelor of Business Administration) or B.Com (Bachelor of Commerce) are common among professionals in this role.
  2. Master’s Degree: An MBA or a master’s degree in a relevant field can significantly enhance your prospects, especially in competitive markets or larger companies. An MBA with a specialization in marketing, sales, or strategy provides advanced knowledge that is directly applicable to business development roles.

Skills Required

  • Communication Skills: Strong verbal and written communication skills for crafting proposals, making presentations, and negotiating deals.
  • Networking Skills: Proficient in building and maintaining relationships with clients, partners, and other stakeholders.
  • Analytical Skills: Capable of conducting market analysis, competitor analysis, and financial feasibility studies.

6. Financial Analyst

A financial analyst is a good stream where MBA graduates can earn a good salary. The average salary can start from INR 4 LPA and can reach up to INR 10.3 LPA. Financial analysts have the highest MBA salary in India.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in finance, accounting, economics, or business administration is typically required to start a career in financial analysis. Courses such as B.Com, BBA with a focus on finance, or B.Tech with a strong quantitative focus are good starting point.
  2. Master’s Degree: An MBA in finance or economics can greatly enhance career prospects, especially for positions in top financial firms or for advancement into senior roles.

Skills Required

  • Quantitative Skills: Proficiency in quantitative methods and statistical tools is crucial for analyzing large datasets and financial modeling.
  • Communication Skills: Ability to effectively communicate complex financial information to non-experts, including writing reports and presenting findings.
  • Technical Skills: Proficiency with financial software and tools such as Microsoft Excel, and possibly more advanced tools like MATLAB, R, or Python for financial modeling.

7. HR Manager

Human resource managers are always in demand. With the good opportunities available to them in each firm, they can earn the highest salary of INR 18 LPA which can be increased with more experience. The average salary for an MBA in HR can be INR 3 to 7 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in human resources, business administration, psychology, or a related field is generally required to start a career in HR.
  2. Master’s Degree: Many HR managers hold a master’s degree, such as an MBA with a specialization in Human Resource Management or a Master’s in Personnel Management (MPM).
  3. Professional Certifications: Popular certifications in India include:
  • Professional in Human Resources (PHR) from the HR Certification Institute (HRCI).
  • Senior Professional in Human Resources (SPHR), also from HRCI.

Skills Required

  • Interpersonal Skills: Essential for dealing with a diverse workforce and resolving conflicts effectively.
  • Organizational Skills: Necessary for managing multiple tasks, from recruitment to training and performance evaluations.
  • Strategic Thinking and Leadership: Ability to align HR strategies with overall business goals and lead the HR team effectively.

8. Business Analyst

The job of a business analyst ranges from finding solutions to business problems to implementing them. MBA business analytics salary can be between INR 3 to 7 LPA. The highest salary can be INR 15 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Business Administration, Information Technology, Computer Science, Engineering, or related fields is typically required. Degrees like BBA, B.Tech, or BSc in Computer Science provide a good foundation.
  2. Master’s Degree: An MBA, MCA, or a master’s in Information Systems are considered advantageous for advanced analytical and management skills.

Skills Required

  • Analytical Skills: Ability to analyze data, understand business processes, and derive actionable insights.
  • Technical Skills: Understanding of databases, basic programming, and familiarity with tools like SQL, Excel, and business intelligence software.
  • Communication Skills: Strong verbal and written communication skills are crucial for documenting requirements, interacting with stakeholders, and presenting findings.

9. Operation Manager

It is one of the top managerial positions in the firm, which exposed him to earning a good salary. The Operations Manager’s average salary in India ranges from INR 3 to 7.5 LPA. The highest salary can be around INR 18.6 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Business Administration, Operations Management, Industrial Engineering, Supply Chain Management, or a related field is usually required.
  2. Master’s Degree (Optional): An MBA with a concentration in Operations Management, Supply Chain Management, or Logistics is particularly beneficial. Alternatively, a Master’s in Industrial Engineering or Operations Research can also be advantageous.

Skills Required

  • Analytical Skills: Ability to analyze data, identify trends, and make data-driven decisions to improve operational efficiency.
  • Leadership and Team Management: Strong leadership skills to effectively manage teams and motivate them toward achieving operational goals.
  • Problem-Solving Skills: Capability to identify operational issues, develop solutions, and implement improvements.

10. Data Analyst

Data Analyst salary ranges from INR 1.9 to 4.4 LPA. With more experience, the salary can reach up to 11.6 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in a quantitative field such as Mathematics, Statistics, Computer Science, Economics, Engineering, or a related field is typically required. Degrees like B.Tech (Bachelor of Technology), B.Sc (Bachelor of Science), or B.E. (Bachelor of Engineering) with a focus on data analysis or data science provide a solid foundation.
  2. Master’s Degree (Optional): While not always mandatory, a master’s degree can enhance career prospects, especially for specialized or higher-level positions. A Master’s in Data Science, Statistics, Computer Science, or Business Analytics is particularly beneficial for advanced knowledge and skills. An MBA with a focus on Business Analytics can also be valuable for understanding the business aspects of data analysis.
  3. Online Courses and Certifications: Completing online courses or certifications in data analysis tools and techniques can also be advantageous. Platforms like Coursera, edX, and Udacity offer courses on data analysis, machine learning, and programming languages like Python and R.

Technical Skills

  • Programming Languages: Proficiency in programming languages commonly used in data analysis, such as Python, R, SQL, and/or MATLAB.
  • Data Visualization: Ability to create clear and meaningful visualizations using tools like Tableau, Power BI, or Matplotlib/Seaborn in Python.

Analytical Skills

  • Critical Thinking: Ability to interpret complex data sets, identify trends, and draw meaningful insights.
  • Attention to Detail: Precision in data analysis and the ability to spot inconsistencies or errors in data.

11. Sales Manager

Sales and marketing are good MBA streams. The average salary of a sales manager is 5 LPA, which can reach up to INR 14 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Business Administration, Marketing, Sales, or a related field is typically required. Degrees like a BBA with a specialization in Sales or Marketing, or a Bachelor of Commerce (B.Com) with a focus on Sales and Marketing.
  2. Master’s Degree (Optional): An MBA with a focus in Sales Management, Marketing Management, or Business Development is particularly beneficial.

Skills Required

  • Negotiation Skills: Strong negotiation skills to secure deals, resolve conflicts, and maintain relationships with clients.
  • Analytical Skills: Ability to analyze market trends, sales data, and customer feedback to develop sales strategies and identify growth opportunities.
  • Customer Relationship Management: Proficiency in building and maintaining long-term relationships with clients to ensure customer satisfaction and loyalty.

12. Advertising Manager

Advertising managers are responsible for running advertising campaigns. This is also one of the highest-paying jobs after MBA. The average salary they can earn is between INR 2.3 and 5.4 LPA. The highest salary earning is INR 19.8 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Advertising, Marketing, Communication, Journalism, or a related field is typically required. Degrees like Bachelor of Mass Media (BMM), Bachelor of Arts (BA) in Advertising, or Bachelor of Business Administration (BBA) with a focus on Marketing and Advertising.
  2. Master’s Degree (Optional): A Master’s in Advertising, Marketing Management, or Business Administration with a concentration in Marketing and Advertising is beneficial for advanced knowledge and skills.

Skills Required

  • Creativity: Ability to come up with innovative and compelling advertising ideas and campaigns that resonate with the target audience.
  • Strategic Thinking: Capability to develop and implement advertising strategies aligned with the organization’s objectives and target market.
  • Project Management: Proficiency in managing multiple advertising projects simultaneously, including budgeting, scheduling, and coordination with creative teams and clients.

13. Digital Marketing Manager

With advanced technology, there has been an increase in the demand for digital marketers. They can earn an average salary between INR 3.1 and 7 LPA, and the highest salary can be around INR 19.3 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Marketing, Advertising, Business Administration, Communications, or a related field is typically required. Degrees like a Bachelor of Business Administration (BBA) with a specialization in Marketing, Bachelor of Arts (BA) in Marketing, or Bachelor of Mass Media (BMM) provide a strong foundation.
  2. Master’s Degree (Optional): A Master’s in Marketing, Digital Marketing, or Business Administration with a concentration in Marketing and Digital Media is beneficial for advanced knowledge and skills.

Skills Required

  • Digital Marketing Expertise: In-depth knowledge of various digital marketing channels and tactics, including SEO, SEM, social media marketing, email marketing, content marketing, and online advertising.
  • Analytical Skills: Ability to analyze digital marketing data and metrics to assess campaign performance, identify trends, and make data-driven decisions.
  • Creativity: Capability to develop innovative digital marketing strategies, campaigns, and content that engage target audiences and drive results.

14. Brand Management Executive

Brand managers are responsible for maintaining the brand’s image. They earn a good salary after an MBA by working with top brands. The average salary can be around INR 3.1 LPA and with more experience, it can reach up to INR 19.3 LPA.

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Marketing, Business Administration, Advertising, Communications, or a related field is typically required. Degrees like a Bachelor of Business Administration (BBA) with a specialization in Marketing, Bachelor of Arts (BA) in Marketing, or Bachelor of Mass Media (BMM) provide a strong foundation.
  2. Master’s Degree (Optional): A Master’s in Marketing Management, Brand Management, or Business Administration with a concentration in Marketing is beneficial for advanced knowledge and skills.

Skills Required

  • Marketing Expertise: In-depth understanding of marketing principles, consumer behavior, market research, and competitive analysis.
  • Brand Strategy: Capability to develop and implement comprehensive brand strategies that align with business goals, target audience preferences, and market trends.
  • Creative Thinking: Ability to develop innovative brand concepts, positioning, and messaging that resonate with target consumers and differentiate the brand from competitors.

15. e-Commerce Specialist

With the growing e-commerce platforms, the demand for e-commerce specialists increased. They earn a decent salary of 10 LPA and an average of 4.5 LPA, which can be increased after gaining some experience

Educational Qualifications

  1. Bachelor’s Degree: A bachelor’s degree in Marketing, Business Administration, E-Commerce, Information Technology, or a related field is typically required. Degrees like Bachelor of Business Administration (BBA) with a specialization in E-Commerce, Bachelor of Science (BSc) in E-Commerce, or Bachelor of Engineering (BE) with a focus on Information Technology provide a strong foundation.
  2. Master’s Degree (Optional): Master’s in E-Commerce, Digital Marketing, or Business Administration with a concentration in E-Commerce is beneficial for advanced knowledge and skills.

Skills Required

  • E-Commerce Platforms: Proficiency in using e-commerce platforms such as Shopify, Magento, WooCommerce, or BigCommerce to set up and manage online stores.
  • Digital Marketing: Knowledge of digital marketing strategies and tactics, including search engine optimization (SEO), search engine marketing (SEM), social media marketing, email marketing, and content marketing, to drive traffic and sales to e-commerce websites.
  • Website Management: Skill in managing e-commerce websites, including product listings, pricing, inventory management, and order processing.
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Factors Affecting Salary After MBA in India

Several factors play a role in determining your salary after completing an MBA. Here are some of the most important ones:

1. Reputation of the MBA College

The college or university where you earn your MBA plays a huge role in determining your salary. Graduates from top institutions such as the Indian Institutes of Management (IIMs), XLRI, and SP Jain typically earn higher salaries compared to those from lesser-known colleges.

  • IIMs (Ahmedabad, Bangalore, Calcutta): ₹20,00,000 – ₹30,00,000 per annum.
  • Top Private Colleges (SP Jain, XLRI): ₹15,00,000 – ₹20,00,000 per annum.
  • State-level and Tier 2 Colleges: ₹8,00,000 – ₹12,00,000 per annum.

2. Work Experience

Your professional experience prior to pursuing an MBA can also impact your salary. If you have several years of experience, especially in a management role, you may earn a higher salary after completing your MBA, even if you graduate from a less prestigious institution.

3. Industry and Job Role

The industry you choose to work in after completing your MBA has a major influence on your salary. Here are some common industries that MBA graduates enter, along with their salary ranges:

IndustryAverage Salary After MBA
Consulting₹12,00,000 – ₹30,00,000
Banking & Finance₹12,00,000 – ₹25,00,000
Marketing & Sales₹8,00,000 – ₹20,00,000
Information Technology₹8,00,000 – ₹20,00,000
Retail & E-commerce₹8,00,000 – ₹18,00,000
Manufacturing & Operations₹8,00,000 – ₹18,00,000
Job Role after MBA graduation


As you can see, industries like Consulting and Banking offer some of the highest salaries, while sectors like Marketing and Retail typically offer lower salaries but can still be quite lucrative depending on the role and location.

4. Location

Your job location can significantly impact your salary. Salaries in metropolitan cities like Delhi, Mumbai, and Bangalore tend to be higher due to the cost of living and the presence of global companies. Conversely, in smaller cities, the salary may be lower, but the cost of living will also be more affordable.

Related Article :- MBA after Engineering

How Does Salary Increase With Experience After MBA?

An important aspect of understanding Salary After MBA is knowing how your salary progresses over time. Here is a typical salary growth path for MBA graduates:

1. Freshers (0-2 Years)

For those who enter the workforce right after completing their MBA, the salary range typically falls between ₹8,00,000 to ₹12,00,000 annually.

2. Mid-Level (3-5 Years)

With a few years of experience, you can expect your salary to rise significantly, especially if you’ve worked in high-demand industries such as consulting or finance. The salary range for mid-level professionals is typically ₹12,00,000 to ₹20,00,000 per annum.

3. Senior-Level (6+ Years)

With more experience, especially in leadership or management roles, MBA graduates can earn upwards of ₹20,00,000, with the highest earners reaching ₹30,00,000 or more, particularly in sectors like consulting, finance, and technology.

Salary After MBA in India vs Abroad

While we’ve covered salaries for MBA graduates in India, many students also wonder how the salaries compare to those in other countries. Let’s look at a quick comparison:

CountryAverage Salary After MBA
India₹8,00,000 – ₹30,00,000
United States$80,000 – $150,000
United Kingdom£50,000 – £100,000
CanadaCAD 70,000 – CAD 120,000
Salary comparison


As you can see, MBA salaries in countries like the United States and United Kingdom are significantly higher, but the cost of living is also much higher in these countries.

Highest-Paying MBA Specializations

There are several MBA specializations, each with its unique focus and emphasis. The most popular MBA specializations include Finance, Marketing, and Human Resources. However, many other specialized MBA programs are available, such as those focused on Information Technology, International Business, or Project Management.

The highest-paying MBA salaries often come from specializations in finance and consulting. MBA graduates with these specializations usually enjoy a good salary after MBA and frequently land high-level positions in top companies. The salary after MBA in finance and consulting tends to be higher due to the demand for these skills. As a result, an MBA in these fields can lead to a significant salary after MBA. Graduates from finance and consulting programs often see impressive salary after MBA, reflecting their expertise and the value they bring to organizations. Overall, focusing on finance or consulting can lead to a rewarding salary after MBA.

1. MBA in Marketing

Brands today are working immensely on their marketing strategy. Every day, we see innovative marketing campaigns by brands to help them stand out among their audiences. Therefore, every brand wants skilled professionals to handle its marketing strategy.

MBA in Marketing focuses on subjects like consumer behavior, market research processes, marketing tools and techniques, digital and traditional advertising, and sales management. MBA in Marketing has a wide scope with a good MBA salary.

Eligibility Criteria

  • A bachelor’s degree from a recognized college/university.
  • You do not need any prior knowledge in Marketing but a Bachelor’s in Business Administration (BBA) is helpful and provides the initial knowledge.

Source :- NIRF

Jobs after MBA in Marketing

Here is the list of job positions:

  • Digital Marketing Manager
  • Sales Manager
  • Brand Manager
  • Public Relations Manager
  • Customer Relationship Manager

Salary after MBA in Marketing

What is the salary after an MBA in marketing? The salary after an MBA in Marketing is INR 5.4 LPA. As you gain more work experience, the average MBA starting salary package ranges from INR 14.25 to 20.43 LPA. With increasing qualifications and years of experience, your salary can go up to INR 30 to 45 LPA.

2. MBA in Banking and Finance

The MBA finance course is one of the best courses for students who are interested in banking and finance. With the increasing need for financial experts in the business world, this course offers many career opportunities after an MBA. Students can also earn a good salary after an MBA in finance.

Financial and banking experts are responsible for the financial management of an organization. This involves the different stages of planning, implementing, and regulating the inflow and outflow of assets.

Eligibility Criteria

  • CoA Bachelor’s degree in business, finance, accounting, or any other equivalent degree with a 55% or higher percentage.

MBA in Banking and Finance Universities

Some of the most renowned universities that provide a great scope after an MBA in Banking and Finance are:

  • Symbiosis School of Banking and Finance, Pune
  • Chitkara University, Patiala
  • Amity University, Delhi
  • Alliance University, Bangalore

Source :- NIRF

Jobs after MBA in Banking and Finance

MBA in Finance salary is good in these top job positions.

  • Corporate Banking
  • Corporate Finance Executive
  • Asset Management
  • Trading Expert
  • Credit Risk Manager
  • Investment Banker

Salary after MBA in Banking and Finance

After Banking and Finance from a top-tier B-school, you can expect a starting highest MBA salary in India of INR 10 to 15 LPA, so an MBA finance salary per month comes to around INR 83K to 125K. The highest MBA salary in finance can go up to INR 50 LPA.

Also Read :- The Ultimate List of Jobs after MBA Finance

3. MBA in Business and Data Analytics

Data is the currency of the Information Age. Job opportunities and the highest salary after an MBA are on a surge for skilled data analysts. A data analyst mines through countless, broken-up data and sorts them into meaningful areas for the company to act upon.

This is a trending MBA specialization with good prospects of the highest MBA salary in India This course helps you understand data analytics to sift through various data points and assign meaning to them in the form of trends, insights, etc.

Eligibility Criteria

  • A bachelor’s degree in Arts, Science, or Commerce with at least 55% marks.
  • It is an added advantage if you are comfortable with advanced math and computer programming.

Source: NIRF

MBA job opportunities and salary in Business/ Data Analytics

An MBA in Data Analytics can open up various career opportunities with a high salary.

  • Business Analyst
  • Project Manager
  • Product Manager
  • Operations Analyst
  • Data Analyst
  • Management Consultant

Salary after MBA

What is the salary after an MBA? The Highest MBA salary in India in Data Analytics can initially range from INR 3 to 8 LPA. The top executives in data analytics earn a higher salary of up to INR 55 LPA.

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4. MBA in Operations Management

Ensuring the smooth functioning of business processes is important. This is why companies hire operations experts to optimize their business processes. The role of an operations manager involves managing product quality, building and maintaining customer relations, inventory and supply management, and boosting productivity.

It is one of the best MBA streams as many companies digitize their operations and supply chain, introducing new opportunities.

Eligibility Criteria

A bachelor’s degree in any stream, with a 55% aggregate score.

Source :- NIRF

Operation Management Jobs

After completing an MBA, job opportunities and salary potential are vast. With an MBA in operations management, you can work in diverse fields such as management consulting, retail management, information technology, healthcare management, and transport and logistics. The salary after MBA in operations management is often quite high due to the importance of these roles. By pursuing an MBA, you open doors to many career paths and a strong salary after MBA. The salary after MBA in these areas reflects the high demand for skilled professionals. Overall, an MBA in operations management can lead to exciting opportunities and a rewarding salary after MBA.

Jobs after MBA in Operations Management

  • Operations Executive
  • General Operations Manager
  • Digital Operations Manager
  • Supply Chain Manager
  • Logistics Manager
  • Procurement Manager
  • Quality Assurance Executive

Salary after MBA in Operations Management

A fresher with an MBA in Operation Management has the potential to earn between INR 4 to 10 LPA salary after an MBA. It can later increase to INR 40 LPA.

5. MBA in Human Resource Management

Human Resource Management is a great career choice with a high salary after MBA. As companies focus more on employee well-being, the demand for skilled HR and talent management professionals is increasing. This higher demand often leads to a better salary after MBA. By pursuing an MBA in Human Resource Management, you can expect a competitive salary after MBA. The salary after MBA in HR is generally good because of the crucial role HR plays in organizations. Overall, if you choose HR as a specialization, you can enjoy a strong salary after MBA and many opportunities for growth.

Eligibility Criteria

  • Bachelor’s degree from any stream with 55% marks and above.
  • Good communication skills are appreciated.

Source :- NIRF

Jobs after MBA in HR Management

A human resource professional is in high demand across various industries and domains like information technology, law firms, advertising agencies, retail management companies, and media houses.

Highest-paying jobs or Highest Salary after MBA in HR include:

  • HR Administrator
  • Human Resource Manager
  • Staffing Manager
  • HR Director
  • Talent Acquisition Manager

Salary after MBA in HR Management

Candidates with an MBA in HR Management enjoy a starting salary after an MBA of INR 4 to 7.1 LPA.

6. MBA in Entrepreneurship

Entrepreneurship refers to the study of developing and managing a business to make it profitable. There is great scope for MBA Entrepreneurship as today’s youth is filled with innovative ideas that can easily be monetized. The recent surge in the number of startup unicorns and the ‘Atmanirbhar Bharat’ (Self-Reliant India) has influenced the youth to develop more start-ups.

The course’s curriculum enables MBA candidates to understand the necessary resources to sustain a business. It also helps students learn about various strategies that can help them build a profitable business and earn hand full salary after an MBA.

Eligibility Criteria

  • The eligibility criteria for enrolling in the MBA in Entrepreneurship program is a bachelor’s degree in any stream with at least 50% marks.
  • It requires no prior experience. MBA in Entrepreneurship enables innovation and excitement in the students’ minds to make a change in the world through business projects.

Source :- NIRF

Jobs after MBA in Entrepreneurship

An MBA in entrepreneurship helps you develop a business-focused mindset, which is highly valued by many companies. After completing an MBA in entrepreneurship, you can work in various fields such as automobile, information technology, small and medium business management, insurance, sales, and marketing. These areas offer good opportunities, and you can earn a great salary after MBA. The salary after MBA in entrepreneurship is usually high because these skills are in demand. By using what you’ve learned, you can achieve a competitive salary after MBA. Overall, an MBA in entrepreneurship can greatly improve your job prospects and lead to a rewarding salary after MBA.

  • Business Consultant
  • Business Strategist
  • Corporate Supervisor
  • Management Analyst
  • Non-profit fundraiser

Salary after MBA in Entrepreneurship

The average salary after an MBA in Entrepreneurship is INR 10 LPA. MBA in Entrepreneurship offers faster growth opportunities, and you can earn up to INR 20 to 30 LPA. However, if you choose to start your own business, initially your profits might be low, but gradually you can start earning well.

Recommended Read :- Top 15 Short-term Courses after MBA to Boost Your Career

Top Universities for MBA Programs

UniversityApproximate Fees (INR)CurriculumCommon Subjects
Indian Institute of Management Ahmedabad (IIMA)₹23 – ₹25 lakhsCase-Based Learning, Industry InteractionFinance, Marketing, Strategy, Operations Management
Indian Institute of Management Bangalore (IIMB)₹23 – ₹25 lakhsExperiential Learning, Global ExposureEconomics, Leadership, Entrepreneurship, Analytics
Indian Institute of Management Calcutta (IIMC)₹22 – ₹24 lakhsCase Studies, Internships, ProjectsHR Management, Business Ethics, Supply Chain
Xavier School of Management (XLRI), Jamshedpur₹20 – ₹22 lakhsJesuit Pedagogy, Social SensitivityBusiness Ethics, Organizational Behavior, HRM
Indian School of Business (ISB), Hyderabad₹30 – ₹35 lakhsInternational Exposure, ElectivesCorporate Finance, Business Analytics, Leadership
SP Jain Institute of Management and Research, Mumbai₹17 – ₹20 lakhsGlobal Immersion, Industry ProjectsMarketing Management, Operations, Business Strategy
Faculty of Management Studies (FMS), Delhi₹1 – ₹2 lakhsCase-Based Learning, WorkshopsManagerial Economics, Business Communication
Symbiosis Institute of Business Management (SIBM), Pune₹20 – ₹22 lakhsInterdisciplinary Approach, InternshipsFinancial Management, Operations, Business Law
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai₹17 – ₹20 lakhsExperiential Learning, SpecializationsStrategic Management, Marketing, Business Analytics
Universities for MBA

Benefits of MBA Program

  • An MBA degree helps beginners to kickstart their careers at a higher designation.
  • An MBA degree helps in cultivating skill sets that are needed throughout your work life. For example- leadership skills, organizational skills, and strategy-building.
  • MBA helps you expand your peer network with people from diverse backgrounds. People usually end up forming long-lasting connections during an MBA that prove to be useful in their professional careers.
  • MBA provides a holistic view of all business domains. This comes in handy if you’re keen to become a start-up owner.
  • With the changing education scenario, distance and online MBAs provide you with the flexibility to work while you complete your MBA.

Related Read :- Online MBA vs Full-time MBA

Conclusion

In summary, the Salary After MBA in India varies significantly based on factors like specialization, experience, college reputation, and location. On average, MBA graduates can expect to earn between ₹8,00,000 and ₹12,00,000 annually, with those from top institutions and in high-demand sectors like finance and consulting earning considerably more.

Companies are eager to offer a substantial salary after MBA, especially if you graduate from a tier-1 business school such as IIMs or ISB. These tier-1 B-schools demand high fees and admit only top scorers in exams like the CAT. However, focusing on honing your leadership and management skills can also lead to a significant salary after MBA, even from other reputed B-schools. The salary after MBA often reflects the quality of education and skill set you acquire. Thus, while tier-1 schools offer impressive salary after MBA opportunities, excelling in any respected institution can still secure a high salary after MBA by developing the right expertise and experience.

Want to learn more check out Chegg India’s Career Options After a Bachelor Degree article and gain valuable insights to grow in career.

Frequently Asked Questions

Q. What is the Pay Scale of MBA graduates in India?

The average pay scale of MBA graduates in India is between INR 8.0 LPA to 12.0 LPA. As you progress in your career and gain more experience, you can expect an annual salary between INR 14- 20 lakhs that can even go up to INR 30-45 LPA.

Q. Which MBA has the highest salary?

Marketing Management is the best specialization with the highest MBA salary in India. The average salary that you as a fresher can expect after completing an MBA in Marketing Management is about 5 lakhs per annum. You can choose from various roles like brand manager, marketing manager, and digital marketing manager, to name a few.

Q. Which specialization in MBA sees the highest demand?

Human Resource Management is an excellent career option and sees the highest demand after MBA. Candidates with an MBA in HR Management enjoy starting salaries of INR 3 to 7 LPA. As you gain more experience and step into managerial or leadership roles, you may earn up to INR 18 LPA.

Q. What is the finance MBA salary in India for a fresher and experienced candidates?

The salary range for finance MBA graduates in India varies depending on factors such as the type of job, the location, the employer, and the candidate’s experience and qualifications. Generally, MBA graduates in finance can expect to earn anywhere from Rs. 8 lakhs to Rs. 16 lakhs per annum. Experienced professionals with a finance MBA may earn up to Rs. 25 lakhs per annum.

Q. Which MBA pays the highest salary?

An MBA in Finance is considered the highest-paying specialization, with salaries reaching up to INR 21 LPA for experienced professionals.

Q. What is a good salary after MBA?

A good salary after an MBA in India typically ranges from INR 6.30 LPA to 11.20 LPA depending on factors like specialization, location, and the reputation of the institution.

Q. What is the salary of MBA in India per month?

The MBA starting salary per month in India typically ranges from INR 4.50 LPA to 9 LPA (approximately INR 37,500 to 75,000 per month). This can vary based on factors such as the specialization, the reputation of the institution, and the job profile.

Q. Who earns more, CA or MBA?

Generally, CAs tend to earn more than MBAs, especially in the early years of their careers. However, this can vary based on the individual’s job role, company, and location.

Q. What is the Salary after MBA from IIM?

Graduates from IIMs can expect an average salary of around INR 35.50 LPA, with the highest packages reaching up to INR 1.15 Crore per annum.

Q. What is the MBA salary after 5 years in India?

After 5 years of experience, an MBA graduate in India can expect to earn between INR 12 LPA to 25 LPA, depending on their specialization and job role.

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