Master of Business Management (MBA) is a great career to choose as a post graduation. Students who are looking for a post graduation course in business or management field can opt for an MBA course. MBA offers various specialisations like HR, Marketing and Health Management. Accounting, Business Management, Operations Management and Logistics and Supply Chain Management. Retail Management, Agribusiness, Business analytics, Entrepreneurship, Finance and several others. Let us now look at MBA job opportunities, salaries, top recruiters and scope in this article.
MBA Job opportunities, Salaries, Top Recruiters, Scope MBA Job Opportunities
According to the Graduate Management Admission Council's 2021 corporate recruiters survey the MBA graduates who completed their degrees in 2021 offered six figure salaries. Most important reason for pursuing an MBA is the increased salary while there are some other reasons also.
An average MBA salary in India ranges between Rs 7.0 lakhs to 12.0 lakhs per annum and it can vary depending on the specialisations. Before applying for a job students must observe and choose the right job as per their interest, skills and experience. Choosing a right job is the most important step to start one's career, it becomes more important if it is your first job.
Here are some of the MBA specialisations and their salaries in India
| MBA Specialisations | Salary |
|---|
MBA Finance | Estimated Rs 3.5 lakhs to Rs 30.0 lakhs |
MBA Marketing Management | Estimated Rs 2.4 Lakhs to 23.0 lakhs |
MBA in Human Resource Management | Estimated Rs 3.0 lakhs to Rs 18.0 lakhs |
MBA in International Business | Estimated Rs 7.9 lakhs to Rs 12 lakhs |
MBA in Computer Application | EstimatedRs 2.4 lakhs to Rs 23.0 lakhs |
MBA in Entrepreneurship | Estimated Rs 5.0lakhs to Rs 20 lakhs |
MBA in Information Technology | Estimated Rs 5.0lakhs to 12 lakhs |
MBA in Digital Marketing | Estimated Rs 5.0lakhs to 25 lakhs |
MBA in Business Management | Estimated Rs 2.9 lakhs to 25 lakhs |
MBA in Health Care Management | Estimated Rs 1.0 lakhs to Rs 16.9 lakhs |
MBA in Rural Management | Estimated Rs 3.0 lakhs to Rs 12 lakhs |
MBA in Event Management | Estimated Rs 4.5 lakhs to Rs 15 lakhs |
MBA in Business Analytics | Estimated Rs 1.4 Lakhs to Rs 32.1 Lakhs |
MBA in Information Technology (IT) | Estimated Rs 2.4 Lakhs to Rs 23.0 lakhs |
MBA in Event Management | Estimated Rs 4.5 lakhs to Rs 15 lakhs |
MBA in Operations | Estimated Rs 3.0 lakhs to 18.5 lakhs |
MBA in Agri Business | Estimated Rs 4.0 lakhs to Rs 15.0 lakhs |
MBA in Data Analytics | Estimated Rs 1.4 lakhs to Rs 32.1 lakhs |
MBA in Risk Management | Estimated Rs 3.0 lakhs to Rs 23.0 lakhs |
MBA in Infrastructure | Estimated Rs 4.1 lakhs to Rs 31.7 lakhs |
MBA in Real Estate | Estimated Rs 0.7 lakhs to Rs 20.4 lakhs |
MBA in Oil & Gas Management | Estimated Rs 3.8 lakhs to Rs 20.1 lakhs |
MBA in Tea Management | Estimated Rs 9.0 lakhs to Rs 11.5 lakhs |
MBA in Telecom Management | Estimated Rs 1.2 lakhs to Rs 18.9 lakhs |
MBA in Brand Management | Estimated Rs 3.5 lakhs to Rs 32.0 lakhs |
MBA in Logistics and Supply Chain | Estimated Rs 3.0 lakhs to Rs 27.9 lakhs |
MBA in Design Management | Estimated Rs 3.5 lakhs to Rs 32.0 lakhs |
MBA in Disaster Management | Estimated Rs 9.6 lakhs to Rs 31.3 lakhs |
MBA in Logistics and Supply Chain | Estimated Rs 12 lakhs to 13 lakhs |
MBA in Media and Communication | Estimated Rs 3.3 lakhs to Rs 26.0 lakhs |
MBA in Architecture | Estimated Rs 3.0 lakhs to Rs 40.0 lakhs |
MBA in E-Business | Estimated Rs 2.5 lakhs to Rs 19.2 lakhs |
MBA in Pharmaceutical | Estimated Rs 0.7 lakhs to Rs 11.3 lakhs |
MBA in Technology or Systems | Estimated Rs 3.9 lakhs to Rs 25.2 lakhs |
Top Recruiters
If you are thinking which are the best companies that are recruiting MBA graduates. Here is the list of companies from India and Global that are hiring MBA graduates.
Global Companies
- Amazon
- Apple
- JP Morgan
- Microsoft
- Deloitte
- Facebook
- Nike
- Barclays
- ICICI Bank
- Wipro
- IBM
UPES MBA Admissions 2025
Ranked #41 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 31st August | Admissions Closing Soon
UPES | BBA Admissions 2025
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships | Last Date to Apply: 31st August | Admissions Closing Soon
Scope for MBA Graduates
MBA degree has a lot of scope for the students. There are various job opportunities available for the students soon after they complete their MBA like Financial Analyst, Product Manager, Marketing Manager, Sales Manager, Human Resource Manager, Credit Risk Management Analyst, Business Analyst Business Development Manager, Consulting SAMA SBD Strategy, Commercial Finance Executive, Financial Planning & Analysis, Business Operations and many more.
If you have some work experience then you can apply for these positions such as Brand Partnership Manager, Supply Chain System Manager, Public Relations Officer, Ad Strategy Manager, Marketing Officer, Digital Marketing Manager and many more.
Top MBA Jobs
Marketing Manager plans for marketing programs of the organisations to attract new customers and products. They are responsible for planning and executing campaigns to raise awareness of the company's products and services. This includes designing, managing and evaluating marketing campaigns, analysing market trends and engaging in social media strategy.
The salary of a Marketing Managers in India range from Rs 2.4 lakhs to Rs 23.0 lakhs with an average salary of Rs 7.4 lakhs.
The Human Resource Manager works includes interviewing, hiring, staffing, planning, managing, coordinating, and evaluating human resources within an organisation.
The salary of a HR Manager in India ranges from Rs 3.0 lakhs to Rs 18.0 lakhs with an average salary of Rs 7.0 lakhs.
Data Analysts are responsible to develop strategies for analysing data, identify opportunities for improving and implementing the set goals of the company. They are responsible for the raw data transformation into the business. Works with data analytics trends and handles a team of analysts.
The Data Analytics Managers salary in India ranges between Rs 8.7 lakhs to Rs 39.7 lakhs with an average annual salary of Rs 20.1 lakhs.
The Chief Executive (CEO) is responsible for planning and implementing the company's goals and visions. Looks after the organisation's financial and budgetary acts. Manages products and services activities, contracts, agreements and appointments. They analyse the financial statements and sales reports.
The salary of a Chief Executive in India ranges from Rs 5.0 lakhs to Rs 102.0 lakhs with an average salary of Rs 33.4 lakhs.
Conclusion
Various specialisations in MBA are a gateway to enter into a high pay salary. Specialisations help students to get expert or experienced on a particular topic or subject in which they can find their job. It is not only becoming an expert but it is also easy for the recruiters to select the candidates with relevant knowledge and experience.
