MBA salary in India is between 7 LPA to 12 LPA. The average MBA salary in India per month ranges from Rs. 40,000 to 1,00,000 lakh depending on the industry and experience. Top MBA colleges in India like IIMs provide jobs after MBA and salary ranging from 70 lakhs to 1 crore. Read this article to know in detail about the MBA full form salary, jobs after MBA, MBA average package, MBA highest salary in India, etc.
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This Story also Contains
- MBA Salary in India
- Types of MBA and Starting MBA Salary in India
- What is the Salary of MBA in India Per Month?
- MBA Jobs Salary and Scope: Specialisation-wise
- MBA Salary in India: Experience-wise
- MBA Salary in India: Location-Wise
- MBA Salary in India - IIMs and Top B-Schools
- MBA After Jobs and Salary: Top Skills for High MBA Salary in India
- Popular Cities Offering the Best Jobs After MBA
MBA Salary in India
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 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.
Factors, affecting MBA Salary in India:
The MBA salary in India entirely depends on five main factors.
- MBA specialisation opted by the candidate
- Experience of the candidate
- Industry
- Institute or college from which a candidate has passed
- Designation
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Try NowTypes of MBA and Starting MBA Salary in India
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 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 |
Know all about MBA
What is the Salary of MBA in India Per Month?
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 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 |
MBA Jobs Salary and Scope: Specialisation-wise
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 based on the MBA specialisations:
MBA Average Salary in India as per specialisation
MBA Specialization | Average MBA Salary |
MBA in Finance Salary in India | Rs 2,00,000 to Rs 14,70,000 |
MBA Human Resource Management Salary in India | Rs 4,50,000 to Rs 15,50,000 |
MBA in Information Technology Salary in India | Rs 10,000 to Rs 6,00,000 |
MBA in Logistics Management Salary in India | Rs 6,25,000 to Rs 8,50,000 |
MBA in Marketing Management Salary in India | Rs 14,25,000 to Rs 20,43,000 |
*- The salaries are quoted as per payscale.com.
MBA Finance Salary in India
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:
Average MBA Finance Salary
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 |
MBA in HR Salary in India
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:
Average Salary for MBA in HR
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 |
MBA in Information Technology Salary in India
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 salary in India for IT profiles:
MBA IT Salary in India
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 |
MBA Logistics Management Salary in India
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:
Salary in MBA Logistics in India
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 |
MBA Marketing Salary in India
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, advertisem*nt, 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.
Salary in MBA Marketing Management
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:
- BBA Salary in India
- What After MBA
MBA Salary in India: Experience-wise
MBA salary with experience for graduates is higher than those of freshers. 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+ |
MBA Placement Salary in India
Given below is an average figure for MBA salary in India offered in multiple fields based on the experience level of an individual.
MBA starting salary in India per month with 1-4 years experience in India: With 1-4 years of experience, the MBA salary in India can reach up to Rs. 4,00,000 per annum and more.
MBA salary after 5 years in India: The average MBA salary in India after 5 years of experience is somewhere near about Rs. 8,00,000 per annum.
MBA 10 Years experience salary in India: The average salary of an MBA graduate with over 10 years of experience in India is Rs. 14,00,000 per annum.
Note- These are just the estimated salary after MBA. The actual figures vary company-wise and by considering other factors too.
MBA Salary for Freshers
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
- Online MBA
- Online MBA Colleges
- Online MBA Syllabus
- Online MBA Admission
MBA Salary in India: Location-Wise
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.
Location-wise MBA finance salary in India
Cities in India | Lowest Salary (Rs.) | Average Salary (Rs.) | Highest Salary (Rs.) |
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 |
Location-wise MBA marketing salary in India
Cities in India | Lowest Salary | Average Salary | Highest Salary |
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
MBA Salary in India - IIMs and Top B-Schools
Check out the after-MBA salary in India offered by top B-schools and management institutions like IIMs.
Salary After MBA From IIMs
IIM MBA Graduate Salary in India is considered the highest salary of MBA in India. The Indian Institute of Management offers the highest MBA package in India up to 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) |
IIM Ahmedabad | 55.88 | 26.13 |
IIM Bangalore | 32.10 | 26.18 |
IIM Calcutta | -- | 29 |
IIM Lucknow | 51 | 26 |
IIM Kozhikode | 46.88 | 22.50 |
IIM Indore | 41.50 | 23.60 |
IIM Shillong | 32.00 | 19.17 |
IIM Rohtak | 22.80 | 13.74 |
IIM Ranchi |
|
|
IIM Raipur | 28.12 | 15.20 |
IIM Tiruchirappalli | 25.00 | 14.96 |
IIM Kashipur | 45 | 13.82 |
IIM Udaipur | 40.00 | 13.84 |
IIM Nagpur | 19.20 | 13.12 |
IIM Visakhapatnam | 27 | 13.08 |
IIM Bodh Gaya | 20 | 11.20 |
IIM Amritsar | 40 | 12.61 |
IIM Sirmaur | 26 | 11.28 |
IIM Sambalpur | 18.92 | 11.61 |
IIM Jammu | 24.50 | 10.64 |
MBA Package in India By Top B-Schools
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)* |
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 |
IIFT Delhi | Rs 18.27 Lakh |
* These are the approximate figures. The actual numbers may vary.
MBA Salary in India at Top Institutes
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 |
NIIT University | 4.8 LPA | Morgan Stanley, Genpact, IBM |
Regional College of Management | 8.5 LPA | Cognizant, Airtel, ICICI Bank |
Lovely Professional University | 3.5 LPA | Cognizant, Informatica, Capgemini, Bosch |
Symbiosis Institute of Digital and Telecom Management | 10 LPA | MindTree, Times Internet, Fireworks, Wipro. Infotech |
Taxila Business School | 7 LPA | UpGrad, Asian Paints, CoolBoots, Berger Paints |
MBA After Jobs and Salary: Top Skills for High MBA Salary in India
1. Interpersonal skills
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.
2. Strategic thinking
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.
3. Entrepreneurial skills
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.
4. Communication skills
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.
5. Leadership Skills
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 that MBAs possessed.
Popular Cities Offering the Best Jobs After MBA
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:
- Gurgaon, Haryana
- Bangalore, Karnataka
- Delhi
- Pune, Maharashtra
- Mumbai, Maharashtra
- Chennai, Tamil Nadu
- Hyderabad
B-School Accepting CAT Scores - Location-wise
MBA Colleges Accepting CAT score in Maharashtra | MBA Colleges Accepting CAT score in Telangana |
MBA Colleges Accepting CAT score in Karnataka | MBA Colleges Accepting CAT score in Rajasthan |
MBA Colleges Accepting CAT score in Uttar Pradesh | MBA Colleges Accepting CAT score in Haryana |
MBA Colleges Accepting CAT score in Tamil Nadu | MBA Colleges Accepting CAT score in Madhya Pradesh |
MBA Colleges Accepting CAT score in Delhi | MBA Colleges Accepting CAT score in Bihar |