What is the Salary of MBA in India Per Month?
What is the Salary of MBA in India Per Month?
Are you willing to pursue an MBA in India but thinking: What kind of salary will you fetch after investing your time, effort and money in this degree?”
Every year, thousands of aspirants ask the same question before making a final decision about one of the most popular postgraduate programs. An MBA opens doors to various roles, such as leadership positions and exciting career opportunities in multiple industries. But the real question remains- What will be the average salary of MBA in India?
Let’s be real: An MBA is seen as a fast-track career path for transformative success. The real question is whether it offers a promising salary package that comes along with it. Whether you aim to work in finance, marketing, operations, supply chain, IT, or human resources, the average monthly salary plays a significant role in determining whether the degree was worth it or not.
The salary of MBA in India can vary based on industry, educational experience and reputation of the university or B-school attended. By the end, you’ll have a clear picture of what to expect- no confusing jargon, just real facts.
Now, let’s delve into the blog to explore the average salary of an MBA in India and prepare for a transformative career path.
Key Factors Influencing MBA Salary in India
Now, let’s quickly understand the key factors influencing the salary of an MBA in India.
1) Work experience: Do you hold an MBA degree with a few years of work experience? This dual experience can increase your chances of commanding a higher salary and pave the way for a simultaneous promotion. An experienced MBA’s salary in India is higher than that of someone who is just a fresher with an MBA.
2) MBA Specialisation: An MBA have a pool of specialisations for students who wish to widen their earning potential and enhance their job prospects. In an MBA, specialisations include digital marketing, marketing, finance, operations, human resources, and others, where professionals can find top job roles with increased salary potential.
3) Reputation of the Business School: The best universities or b-schools that offer specialised MBA programs attract big companies and employers with a good reputation and global recognition, which offer high salary packages to deserving candidates. The reputation of your B-school plays a significant role in determining your MBA salary in India, irrespective of your experience.
4) Geographical Location: Your location also impacts the average salary of MBA in India. The top-tier cities like Mumbai, Delhi, Bangalore, Hyderabad, and Chennai actively hire MBA graduate professionals by offering them higher salaries than those of smaller cities and towns.
Salary of MBA in India: Specialisation-Wise Breakdown
- 1. MBA in Finance: Individuals pursuing an MBA in finance management are employed at top-level job that offers them increased salary. The job market is a fast-growing business, and the starting salaries are listed in the table below for your quick reference.
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| Finance Manager | ₹ 60,000 to ₹ 1,25,000 |
| Financial Analyst | ₹ 40,000 to ₹ 70,000 |
| Investment Banker | ₹ 40,000 to ₹ 1,00,000 |
| Portfolio Manager | ₹ 40,000 to ₹ 60,000 |
| Risk Manager | ₹ 75,000 to ₹ 2,25,000 |
2. MBA in Marketing: An MBA in Marketing could offer possible career opportunities. The average salary of an MBA in India for the Marketing domain provides the following job roles, along with their corresponding monthly salary structures.
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| Marketing Manager | ₹ 25,000 to ₹ 41,666 |
| Brand Manager | ₹ 85,000 to ₹ 1,50,000 |
| Sales Manager | ₹ 19,000 to ₹ 22,000 |
| Market Research Analyst | ₹ 42,000 to ₹ 65,000 |
| Digital Marketing Manager | ₹ 41,667 to ₹ 83,333 |
3. MBA in Human Resources: MBA in Human Resources Management equips students and professionals with strategic people management skills, preparing them to handle recruitment, employee relations and organisational development. This specialisation focuses on building leadership skills and understanding workplace dynamics to drive company growth.
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| HR Manager | ₹ 25,000 to ₹ 35,000 |
| Recruitment Manager | ₹ 40,000 to ₹ 1,20,000 |
| Training and Development Manager | ₹ 40,000 to ₹ 1,50,000 |
| Compensation and Benefits Manager | ₹ 2,50,000 to ₹ 3,00,000 |
| Employee Relations Manager | ₹ 12,000 to ₹ 20,000 |
4. MBA in Business Analytics: The salary of MBA in India for Business Analytics is high due to the high demand and growth. Let’s understand the job role and salary structure briefly.
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| Business Analyst | ₹ 40,000 to ₹ 50,000 |
| Data Analyst | ₹ 58,000 to ₹ 1,90,000 |
| Data Scientist | ₹ 45,000 to ₹ 3,00,00 |
| Operations Analyst | ₹ 30,000 to ₹ 70,000 |
| Analytics Consultant | ₹ 71,000 to ₹ 1,05,000 |
5. MBA in Information Technology: An MBA in IT provides exciting career opportunities in the rapidly growing technology sector, where digital infrastructure and driving innovation are crucial to achieving business success.
Now, let’s take a look at the salary of MBA in India for the IT domain:
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| IT Manager | ₹ 1,50,000 to ₹ 2,50,000 |
| Systems Manager | ₹ 30,000 to ₹ 2,50,000 |
| IT Project Manager | ₹ 80,000 to ₹ 2,90,000 |
| Business Systems Analyst | ₹ 70,000 to ₹ 90,000 |
| Chief Information Officer (CIO) | ₹ 2,90,000 to ₹ 6,70,000 |
6. MBA in Operations Management: With the rise of e-commerce and businesses increasingly adopting emerging technologies, operations management presents various job opportunities for MBA graduates. Some popular options and the average salary of MBA in India include the following:
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| Operations Manager | ₹ 63,000 to ₹ 70,000 |
| Supply Chain Manager | ₹ 66,000 to ₹ 1,00,000 |
| Production Manager | ₹ 30,000 to ₹ 70,000 |
| Process Improvement Manager | ₹ 50,000 to ₹ 2,50,000 |
| Logistics Manager | ₹ 45,000 to ₹ 60,000 |
7. MBA in Supply Chain Management: Specialising in supply chain management will help you get into potential job areas with substantial salaries. A few options include:
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| Supply Chain Manager | ₹ 92,000 to ₹ 95,000 |
| Logistics Manager | ₹ 45,000 to ₹ 60,000 |
| Warehouse Manager | ₹ 35,000 to ₹ 42,000 |
| Inventory Manager | ₹ 40,000 to ₹ 1,20,000 |
| Procurement Manager | ₹ 70,000 to ₹ 1,80,000 |
8. MBA in International Business: With the growing Indian economy and global market presence, professionals in international business help companies to remain competitive in the worldwide market. The key job roles in international business include.
| Job Role | Avg. Salary of MBA in India in INR (Per Month) |
| International Business Development Manager | ₹ 1,60,000 to ₹ 2,00,000 |
| Export-Import Manager | ₹ 30,000 to ₹ 1,00,000 |
| International Sales Manager | ₹ 58,000 to ₹ 2,04,000 |
| International Trade Analyst | ₹ 50,000 to ₹ 80,000 |
| Global Marketing Manager | ₹ 1,10,000 to ₹ 3,75,000 |
Average Salary of MBA in India Per Month
Thinking about the average monthly salary of MBA in India? Let’s explore the current figures and what you can expect.
| MBA Specialisation | Average Salary of MBA in India in INR |
| MBA in Healthcare | 50,000 |
| MBA in Finance | 60,000 |
| MBA in Marketing | 65,000 |
| MBA in Digital Marketing | 45,000 |
| MBA in HR | 43,000 |
| MBA in Operations | 63,000 |
| MBA in Business Analytics | 45,000 |
| MBA in Entrepreneurship | 45,000 |
| MBA in IT | 48,000 |
| MBA in Event Management | 50,000 |
MBA of Salary in India: IIM Placements
Most students are curious about the MBA salary trends in India from the top IIMs. Here is an insightful look at the latest IIM placement salary packages, including both the highest and average.
| Top IIM | Highest CTC in INR | Average CTC in INR |
| IIM Ahmedabad | 1.08 CPA | 35.68 LPA |
| IIM Bangalore | 1.15 CPA | 34.88 LPA |
| IIM Calcutta | 91.45 CPA | 34.23 LPA |
| IIM Lucknow | 65.00 LPA | 30 LPA |
| IIM Indore | 1.00 CPA | 25.68 LPA |
| IIM Shillong | 71.50 CPA | 26.10 LPA |
| IIM Rohtak | 48.25 LPA | 19.27 LPA |
| IIM Raipur | 67.60 LPA | 21.04 LPA |
| IIM Ranchi | 37.80 LPA | 18.69 LPA |
| IIM Udaipur | 47.00 LPA | 18.80 LPA |
Starting Salary of MBA in India: College-wise Breakdown
Wondering how much you can earn right after your MBA in India? Let’s break down the starting salary you can expect, college by college.
Private MBA University: Professionals graduating from private universities can expect a salary based on the reputation of the university, academic experience, and interview performance.
| Name of the University | MBA Starting Salary in India in INR |
| FMS Delhi | 34.1 LPA |
| MDI Gurgaon | 25.5 LPA |
| XLRI Jamshedpur | 29.89 LPA |
| JBIMS Mumbai | 27.63 LPA |
| IIFT Delhi | 29.1 LPA |
Online MBA University: A professional who has studied an online MBA can expect a salary based on their skills, academic performance, and interview performance during the placement drive or in general.
| University Name | Salary in INR |
| Amity University | 7.0 LPA |
| Manipal University | 8.0 LPA |
| Lovely Professional University | 7.80 LPA |
| Jain University | 8.0 LPA |
| NMIMS | 9.0 LPA |
| DY Patil Vidyapeeth University | 6.5 LPA |
| Shoolini University | 5.0 LPA |
MBA Salary in India: Top Location-wise: When discussing the salary, it’s essential to understand which city pays well and which key industries hire MBA graduates.
| City | Fresher Salary Range | Experienced (3-5 years) | Average Salary | Key Industries |
| Mumbai | ₹ 7-10 LPA | ₹ 20-35 LPA | ₹ 10-25 LPA | Banking Finance Consulting |
| Delhi NCR | ₹ 8-18 LPA | ₹ 20-30 LPA | ₹ 8-20 LPA | IT Startups Product Management |
| Bangalore | ₹ 6-10 LPA | ₹ 25-40 LPA | ₹ 5-12 LPA | Consulting FMCG E-commerce |
| Hyderabad | ₹ 8-15 LPA | ₹ 18-25 LPA | ₹ 10-15 LPA | Technology Pharma Analytics |
| Pune | ₹ 5-12 LPA | ₹ 15-22 LPA | ₹ 8-12 LPA | Automobile IT Manufacturing |
| Chennai | ₹ 6-11 LPA | ₹ 12-20 LPA | ₹ 6-18 LPA | Manufacturing IT Services Analytics |
| Kolkata | ₹ 6-10 LPA | ₹ 12-18 LPA | ₹ 5-12 LPA | Banking Public Sector Services |
Conclusion
The salary of MBA in India depends highly on key factors such as the educational background of the candidates, their location, and their work experience. In addition, the top institutions in India offer a potential salary package that shapes candidates’ profession for long-term career goals.
When it comes to choosing universities and programs that provide higher salaries with flexible learning options, candidates can go for online MBA colleges where dreams meet reality. Your learning pays you an increased salary structure for a brighter future.
Frequently Asked Questions
Q1. What is the monthly income of MBA in India?
In India, an MBA holder earns between ₹90,000 and ₹100,000 per month, according to the Glassdoor report.
Q2. Which B-schools’ placement process offers a high salary to its students?
Generally, students of IIMs or other top B-schools such as IIFT Delhi, XLRI Jamshedpur, MDI Gurgaon, NMIMS Mumbai, Amity online University, etc. receive the highest salary figures among other B-schools from their recruiters.
Q3. Which MBA salary is high?
An MBA in Finance Management typically offers the highest salaries, leading to top roles such as Chief Financial Officer (CFO). Other high-paying specialisations include Consulting/Strategy, Product Management, and Marketing, with Finance roles often commanding the highest pay in both Indian and global markets.
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Chandrika Badaik
Chandrika Badaik is a writer known for her literary reflection and holds the designation of Content Writer at Hike Education, Gurugram. She pursued her education at Pondicherry University and followed her passion by studying Journalism and Mass Communication.
She blends her love for English literature with her writing skills. Through her blogs, she empowers learners with career insights and trending business knowledge.
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