What is the Salary of MBA in India Per Month?
The Master of Business Administration (MBA) is a highly esteemed degree in India, often serving as a gateway to lucrative career opportunities in a variety of management fields. One of the most pressing questions for MBA candidates is, “what is the salary of MBA in India per month”? This blog will comprehensively address this query, delving into the factors influencing MBA salaries in India, including specialisation, location, university-wise salary, and potential growth in the dynamic work organisation.
About MBA Salary in India
One of the most vital questions an MBA candidate asks is what is the salary of MBA in India per month. According to a Glassdoor report, the salary range for MBA graduates in India is INR 5.0 LPA to INR 32.0 LPA. The top B-schools in India offer good placements with a high pay scale to MBA candidates, which is why so many candidates enroll for MBA programmes.
India’s top MBA programmes offer diverse specialisations, including finance, banking, data analytics, human resource management, operations, and more. This diversity reflects India’s rapid growth in the business market and provides candidates with a wide array of career paths to explore.
Moreover, on average, the high-paying jobs after completing an MBA in India range up to INR 32,00,000 per year, depending on the field chosen and selected by the candidates.
Top Job Industry After Completing MBA
- Work Experience: A few years of work experience is advantageous during your placement. In an organisation, if experienced and freshers are placed together in the same profile, then the salary package varies. However, candidates should have some valid years of experience before enrolling in the MBA programme. A valid work experience determines what is the salary of MBA in india per month.
- MBA Specialisation: India offers various MBA specialisations, including finance, human resources, business analytics, sales and marketing, operations, and international business. According to the placement report of popular B-schools in India, the finance sector has acquired the highest CTC.
- B-Schools: B-schools play a significant role in placement structure; if the MBA candidates have earned a degree from a top MBA university like IIMs, the CTC is generally between INR 8.0 LPA and INR 24.0 LPA.
- Location: The location also plays a vital role in terms of salary structure. If you want to know what is the salary of MBA in India per month, then check for its geographical location. The company’s location helps in offering the salary according to market value and living expenditure. Generally, cities like Mumbai, Bangalore, Delhi, and Chennai offer potential and a higher pay scale.
Types of MBA and It's Starting Salary in India
| Types of MBA | Starting MBA Degree Salary in India |
| Regular MBA | INR 5.0 LPA- INR 32 LPA |
| Part-Time MBA | INR 4.0 LPA- INR 9.0 LPA |
| Online MBA | INR 3.0 LPA- INR 8.0 LPA |
| Executive MBA | INR 12.0 LPA- INR 40 LPA |
Please Note: The salary given above is subject to change via time.
What is the Salary of MBA in India Per Month: Specialisation-Wise Breakup
Your choice of specialisation from the diverse fields of MBA, such as Finance, Marketing, Information Technology, Human Resources, etc., empowers you to shape your career. Choosing the right specialisation will determine your salary structure after completing the MBA programme.
The monthly salaries for the MBA field are given below.
MBA in Finance Salary in India
Job Position | Monthly Salary in INR |
Finance Manager | 1,41,666 |
Finance Analyst | 54,166 |
Accounting Manager | 87,921 |
Credit Manager | 75,000 |
Portfolio Manager | 72,574 |
MBA Human Resource Salary in India
Check the job position under human resource management and its monthly salary in India after completing an MBA.
Job Position | Monthly Salary in INR |
Humane Resource Manager | 83,333 |
HR Operation Manager | 75,000 |
Employee Relation Manager | 96,250 |
Senior Human Resource Consultant | 65,632 |
HR Professor | 33,666 |
MBA in Information Technology Salary in India
If you are pondering what is the salary of MBA in India per month. Here is the monthly salary offered for the job position after completing an MBA in IT management.
Job Position | Monthly Salary in INR |
Project Manager | 1,25,000 |
System Manager | 1,13,984 |
Marketing Manager | 1,08,333 |
IT Manager | 1,22,357 |
Business Development Manager | 81,666 |
MBA in Logistic Management Salary in India
What is the salary of MBA in India per month? Check below for comprehensive details about MBA salary in logistics management.
Job Position | Monthly Salary in INR |
Logistic Officer | 39,041 |
Logistic Manager | 32,270 |
Supply Chain Manager | 1,37,250 |
Supply Chain Coordinator | 38,958 |
Logistic Supervisor | 20,833 |
MBA in Marketing Management Salary in India
Want to know what is the salary of an MBA in India per month? Let’s check the salary offered for marketing management after completing an MBA.
Job Position | Monthly Salary in INR |
Marketing Manager | 1,20,833 |
Senior Marketing Manager | 1,61,707 |
Brand Manager | 1,29,500 |
Project Manager | 68,304 |
Business Development Executive | 20,659 |
MBA in Business Analytics Salary in India
After completing the MBA programme, let’s check the salaries of business analysts in India.
Job Position | Monthly Salary in INR |
Business Analyst | 57,135 |
Senior Business Analyst | 1,29,166 |
Data-Mining Expert | 16,771 |
Qualitative Analyst | 37,500 |
Data Warehouse Analyst | 57,500 |
MBA in Operation Management Salary in India
If you are someone who wants to know what is the salary of MBA in India per month? Check below for the job position with potential salaries offered after completing an MBA in operations management.
Job Position | Monthly Salary in INR |
Operations Manager | 30,527 |
Area Operations Manager | 75,000 |
Technical Operations Manager | 1,00,000 |
Plant Manager | 40,656 |
General Operations Manager | 2,00,000 |
MBA in Digital Marketing Salary in India
Here are the finest job positions with potential salaries in the marketing field.
Job Position | Monthly Salary in INR |
Digital Marketing Manager | 20,928 |
Digital Marketing Director | 98,833 |
Digital Marketing Coordinator | 30,000 |
Digital Marketing Specialist | 30,833 |
Digital Marketing Associate | 19,102 |
Please Note: The salary mentioned above is subject to change according to the specialisation chosen and job positions.
MBA Starting Salary in India: Exploring the Best B-Schools
MBA is a sought-after degree and a valuable investment in India. Once you complete your MBA programme, it offers a high ROI. Top IIMs, Private B-schools, and Online Universities that offer starting MBA salaries in India are listed below.
Salary after MBA from IIMs
Here is the list of top IIMs that offer potential salary packages to candidates after they complete their MBA programmes.
Name of IIMs | Average MBA Salary in India in INR |
IIM Ahmedabad | 26,00,000 |
IIM Indore | 23,00,000 |
IIM Bangalore | 26,00,000 |
IIM Calcutta | 34,00,000 |
IIM Lucknow | 31,00,000 |
IIM Shillong | 23,00,000 |
IIM Kozhikode | 29,00,000 |
IIM Rohtak | 16,00,000 |
IIM Raipur | 17,00,000 |
IIM Udaipur | 18,00,000 |
Salary after MBA from Private B-Schools
Check below some of the top private B-Schools that offer potential salaries after completing MBA programmes.
B-Schools Name | MBA Starting Salary in INR |
JBIMS | 27,00,000 |
FMS Delhi | 34,00,000 |
IIFT Delhi | 29,00,000 |
XLRI Jamshedpur | 29,00,000 |
SPJIMR Mumbai | 33,00,000 |
IMI Delhi | 16,00,000 |
VIT University, Vellore | 10,00,000 |
ISB Hyderabad | 33,00,000 |
Salary after MBA from Online Universities
If you are held back by the question, what is the salary of MBA in India per month? Explore some top online MBA universities in India and understand their salary structure.
Online MBA Universities | MBA Salary in INR |
Amity University | 6,00,000 to 18,00,000 |
Manipal Academy of Higher Education | 9,00,000 to 15,00,000 |
Manipal University Jaipur | 5,00,000 to 9,00,000 |
Jain University | 4,00,000 to 6,00,000 |
Lovely Professional University | 5,00,000 to 7,00,000 |
DR DY Patil Vidyapeeth | 3,00,000 to 5,00,000 |
Symbiosis School for Online and Digital Learning | 12,00,000 to 28,00,000 |
Sharda University | 3,00,000 to 5,00,000 |
Please Note: The salary above is subject to change and can vary according to the university, course chosen, and geographical location.
What is the Salary of MBA in India: Location-Wise
Let’s check India’s salary according to its location.
1. Location-Wise Finance Salary in India
Here is the table to help you understand location-wise finance salaries in India.
Cities in India | Avg. MBA salary in India | Highest MBA salary in India |
MBA Salary in Bengaluru | 10,00,000 | 33,00,000 |
MBA Salary in Mumbai | 8,00,000 | 27,00,000 |
MBA Salary in Delhi | 9,00,000 | 13,00,000 |
MBA Salary in Chennai | 8,85,000 | 21,00,000 |
MBA Salary in Hyderabad | 8,73,000 | 17,00,000 |
2. Location-Wise Marketing Salary in India
Check below some of the location-wise MBA salaries in India in the domain of Marketing Management.
Cities in India | Avg. MBA salary in India | Highest MBA salary in India |
MBA Salary in Bengaluru | 5,00,000 | 11,00,000 |
MBA Salary in Delhi | 8,31,000 | 16,00,000 |
MBA Salary in Chennai | 5,08,000 | 18,00,000 |
MBA Salary in Hyderabad | 8,36,000 | 20,00,000 |
MBA Salary in Mumbai | 7,00,000 | 23,00,000 |
Please Note: The salary mentioned above are subject to change via time.
Summary
If you are pondering what is the salary of MBA in India per month, then let me tell you that the MBA salary is influenced by various factors such as the institute’s infrastructure, specialisation, location, work experience, etc. While the initial starting salary can be lower in range, growth and stability in your job can guide you to earn more appealing and high-range salaries in management roles such as finance, marketing, banking, IT, business analytics, etc.
An MBA is a valuable career option for those who want to achieve financial success and enhance their career trajectory. However, those who are thinking of pursuing an MBA degree should thoroughly research the field, specialisation, and return on investment or connect with Hike Education expert counsellors and get full information.
What is the Salary of MBA in India Per Month: FAQs
Q1. What is the salary of MBA in India per month?
According to a Glassdoor report, the salary of an MBA in India per month ranges from INR 33,750.
Q2. Which MBA is the highest paid in India?
The highest-paid MBA in India are:
- – MBA in Finance
- – MBA in Marketing
- – MBA in Human Resources
- – MBA in Operations
- – MBA in Entrepreneurship
Q3. What are the 5 top MBA specialisations?
The top 5 MBA specialisations are:
- – Business Analytics
- – Finance
- – Information Technology
- – Marketing
- – Economics
Q4. Which is the top 10 universities for an MBA in India?
The top MBA universities in India are:
- – IIM Ahmedabad
- – IIM Indore
- – NMIMS Mumbai
- – Amity Online MBA
- – MAHE Online MBA
- – Symbiosis School for Online and Digital Learning
- – IIT Delhi
- – FMS Delhi
- – VIT Vellore
- – Jain Online MBA
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