MBA Salary in India: Per Month, Average, Highest, Specialization-wise Salary (2024)

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.

This Story also Contains

  1. MBA Salary in India
  2. Types of MBA and Starting MBA Salary in India
  3. What is the Salary of MBA in India Per Month?
  4. MBA Jobs Salary and Scope: Specialisation-wise
  5. MBA Salary in India: Experience-wise
  6. MBA Salary in India: Location-Wise
  7. MBA Salary in India - IIMs and Top B-Schools
  8. MBA After Jobs and Salary: Top Skills for High MBA Salary in India
  9. Popular Cities Offering the Best Jobs After MBA

MBA Salary in India: Per Month, Average, Highest, Specialization-wise Salary (1)

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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Know your admission chances in IIMs & other top MBA colleges based on your CAT percentile by using CAT 2023 College Predictor.

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Types 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 MBAStarting MBA Salary in India
Regular MBARs 2.7 LPA
Distance MBARs 3.5 LPA
Online MBARs 5 LPA
Executive MBARs 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 SpecialisationAverage 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 monthRs 43,000
MBA in business analytics salary in India per monthRs 45,000
MBA in entrepreneurship salary per monthRs 45,000
MBA in operations salary per monthRs 63,000
MBA in IT salary per monthRs 48,000
MBA in event management salary per monthRs 50,000
MBA in healthcare salary per monthRs 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 yearsMBA Salary in India after 10 years
MBA in MarketingRs. 3 LPARs. 5 LPA+Rs. 13 LPA+
MBA in FinanceRs. 3.98 LPARs. 6 LPA+Rs. 15 LPA+
MBA in HRRs. 2.85 LPARs. 5.25 LPA+Rs. 11 LPA+
MBA in ITRs. 5 LPARs. 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 ProfileMBA Fresher Salary in India
Supply Chain ManagerRs 3.42 LPA
Operations ManagerRs 3.72 LPA
HR ManagerRs 3.69 LPA
Marketing ManagerRs 4.13 LPA
General ManagerRs 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

  • MBA – 22.37
  • MBA HR – 26.50
  • MBA – 15.11
  • MBA HR – 14.55

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 IndiaMBA Average Salary in India (INR)Top Recruiters
Indian Institute of Digital Education (IIDE)5.5 LPATimes of India, Kinnect, One Plus India, Tik Tok
NIIT University4.8 LPAMorgan Stanley, Genpact, IBM
Regional College of Management8.5 LPACognizant, Airtel, ICICI Bank
Lovely Professional University3.5 LPACognizant, Informatica, Capgemini, Bosch
Symbiosis Institute of Digital and Telecom Management10 LPAMindTree, Times Internet, Fireworks, Wipro. Infotech
Taxila Business School7 LPAUpGrad, 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:

  1. Gurgaon, Haryana
  2. Bangalore, Karnataka
  3. Delhi
  4. Pune, Maharashtra
  5. Mumbai, Maharashtra
  6. Chennai, Tamil Nadu
  7. 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

MBA Salary in India: Per Month, Average, Highest, Specialization-wise Salary (2024)
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