MBA Job Opportunities, Salaries, Top Recruiters, Scope

MBA Job Opportunities, Salaries, Top Recruiters, Scope

Edited By Team Careers360 | Updated on Mar 14, 2024 10:23 AM IST | #MBA

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, 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 SpecialisationsSalary

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
Apeejay Stya University MBA Admissions 2025

NAAC A Grade | Trans-Disciplinary Approach | Global Diversity

K J Somaiya Institute of Management MBA Admissions 2025

Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters


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

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.

Human Resource Manager

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 Analyst

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.

Chief Executive Officer (CEO)

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.

Frequently Asked Questions (FAQs)

1. How much does an MBA Finance in India get paid?

The average salary for MBA in Finance in India is Rs. 6.78 lakhs per annum. MBA Finance work involves tax planning, investment, resources, management, banking, control, review, collection, resources money.

2. Which jobs can I apply for after doing an MBA degree?

You can apply in the areas like marketing & sales, finance, operations, information technology, real estate, international business and human resources. These are highly paid jobs in MBA. 

3. Should I do a job before taking an MBA?

You can apply in the areas like marketing & sales, finance, operations, information technology, real estate, international business and human resources. These are highly paid jobs in MBA. 

4. What does an MBA mean?

MBA stands for Master of Business Administration. To opt for an MBA course, you will need a bachelor's degree with any specialization with a minimum of 50 per cent marks.

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Questions related to MBA

Have a question related to MBA ?

There are MBA colleges in Maharashtra that may accept candidates with less than 44% marks, especially those from reserved categories. Generally, most colleges require at least 50% for general candidates and 45% for reserved category candidates. However, entrance exams like MAH MBA CET, CAT, or CMAT, along with work experience, can help boost your chances of admission. It's important to research the specific eligibility criteria of each college and contact their admissions office for detailed information.

MBA program fees vary greatly depending on the school and country. In the U.S., top schools like Harvard, University of Chicago Booth, and Columbia charge tuition fees between 76,000 USD and 88,000 USD per year, with total expenses, including living costs, reaching over 112,000 USD.


In India, institutions like IIM Ahmedabad and FMS Delhi University offer more affordable options, with fees ranging from around 28,837 INR to 2,411 INR.


Online MBA programs tend to be cheaper, with fees ranging from 5,000 USD to 60,000 USD.


When considering an MBA, make sure to also factor in additional costs like books, materials, and living expenses, and explore financial aid options if needed.

According to available information, the placement scenario for MBA students at BIT Mesra is considered good, with a high placement rate, and average packages around 7 LPA, with some companies offering higher packages up to 16 LPA; top recruiters include Vedanta Group, Crompton Greaves Ltd., NTPC, and Exide Industries; most students are placed in diverse sectors with a significant portion getting placed in IT services companies as well.

Hello,

The MBA program at BIT Mesra has demonstrated a positive placement trend in recent years:

  • 2024 Placements : The highest package offered was Rs. 22 LPA.
  • 2023 Placements : The highest package offered was Rs. 20 LPA.
  • 2022 Placements : The highest package offered was Rs. 16 LPA.
  • 2021 Placements : The highest package offered was Rs. 18 LPA.
  • 2024 Placement Statistics : The average package offered was approximately Rs. 7 LPA, with an 84% placement rate.

These figures show a consistent upward trend in both highest and average salary packages for MBA graduates from BIT Mesra .

Hope it helps !

Dear aspirant !!

Hope you are doing well ! Here are some colleges who don't even take any test .

Best MBA Colleges in India Offering Direct Admission Without Entrance Exam

Name of the College Average Fee (in INR)
Apeejay School of Management 8.5 L
GD Goenka University 7 L to 8 L
Andhra Loyola College 70 K
Indian Institute of Foreign Trade (IIFT) 4.5 L to 21.77 L

.

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india .

Hope it will be helpful !!

Thanking you !

Have a great day !

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