MBA Salary in India For Freshers & Experienced
Subscribe to PremiumThinking about how much value your degree holds? Or how much will MBA salary in India 2022 be in 2022? An average salary of an MBA in India is completely dependent on the MBA specialization, qualification, skills and experience.
MBA Salary in India depends on the various factors such as location and degree from prestigious colleges or business schools or any other factors. An average salary of MBA in India is Rs 2.5 lakhs which means Rs 20.8 per month, however it may vary depending on various factors. Let us discuss in detail about MBA salary in India in 2022 for freshers and experienced.
The Graduate Management Admission Council (GMAC) in its annual hiring report states that the state of employer demand for graduate business school talent (MBA and business master’s degree recipients) in the context of the COVID-19 pandemic includes responses from nearly 1,000 corporate recruiters and staffing firms around the world.
MBA Specialisations
Choosing the best specialisation is what you can do best for your career as it offers the best job. MBA offers various specializations like HR, Marketing and Health Management. Accounting, Business Management, Operations Management and Logistics and Supply Chain Management. MBA Information Technology, International Business, MBA Systems Management, Retail Management, Agribusiness, Business analytics, Entrepreneurship, Finance and many more.
Top business colleges such as IIMs consider the CAT for admission. The CAT, XAT, IIFT, NMAT, SNAP, TISSNET, CMAT, MAT, IBSAT, ATMA, KIITEE, MICAT, IBSAT, TS ICET and GMAT are the best entrance exams for MBA admissions.
MBA Salary in India for Freshers and Experienced
The average salary of an MBA fresher in India with no salary is Rs 3 lakh per annum to Rs 5 lakh per annum
MBA With 1-4 years of experience, the salary can level up to Rs. 4.0 lakhs per annum and more
MBA salary with 5 years of experience in India gets upto Rs 8.0 lakhs per annum
MBA with 10 years of experience in India gets Rs 14.0 lakhs per annum
Most of the top institutes in India provide placement and get highly paid jobs even on the starting day itself. Let us look at the MBA salary in India at the Top Institutes.
MBA Salary in India at the Top Institutes
Name of the institution | Average salary per annum |
Rs 34.20 lakhs | |
Rs 26.13 lakhs | |
Rs 32.05 lakhs | |
Rs 34.07 lakhs | |
Rs 29.50 lakhs | |
Rs 23.10 lakhs | |
Rs 27.63 lakhs | |
Rs 17.54 lakhs | |
Rs 25 lakhs | |
Rs 19.01 lakhs | |
Rs 14.07 lakhs | |
Rs 31.03 lakhs | |
Rs 23.15 lakhs | |
Rs 21.08 lakhs | |
Rs 12.77 lakhs |
MBA Salary in India Based on the Specialisations
MBA Specializations in India | Salary in India |
Estimated Rs 3.5 lakhs to Rs 30.0 lakhs | |
Estimated Rs 2.4 Lakhs to 23.0 lakhs | |
Estimated Rs 3.0 lakhs to Rs 18.0 lakhs | |
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 |
Estimated Rs 5.0lakhs to 25 lakhs | |
MBA in Business Management | Estimated Rs 2.9 lakhs to 25 lakhs |
Estimated Rs 1.0 lakhs to Rs 16.9 lakhs | |
Estimated Rs 3.0 lakhs to Rs 12 lakhs | |
Estimated Rs 4.5 lakhs to Rs 15 lakhs | |
MBA in Business Analytics | Estimated Rs 1.4 Lakhs to Rs 32.1 Lakhs |
Estimated Rs 2.4 Lakhs to Rs 23.0 lakhs | |
MBA in Event Management | Estimated Rs 4.5 lakhs to Rs 15 lakhs |
Estimated Rs 3.0 lakhs to 18.5 lakhs | |
MBA in Agri Business | Estimated Rs 4.0 lakhs to Rs 15.0 lakhs |
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 |
Estimated Rs 1.2 lakhs to Rs 18.9 lakhs | |
MBA in Brand Management | Estimated Rs 3.5 lakhs to Rs 32.0 lakhs |
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 |
Estimated Rs 3.3 lakhs to Rs 26.0 lakhs | |
MBA in Architecture | Estimated Rs 3.0 lakhs to Rs 40.0 lakhs |
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 |
MBA IT Salary 2022
Jobs Positions | Average Salary |
Rs 10.6 lakhs | |
IoT Solutions Architect | Rs 30.5 lakhs |
Rs 6.0 lakhs | |
Rs. 21.0 lakhs | |
Blockchain Developer | Rs. 6.5 lakhs |
Rs. 8.8 lakhs | |
Rs. 9.0 lakhs |
Top Recruiters
The list of companies from India and Global that are hiring MBA graduates.
Global Companies
Amazon | JP Morgan |
Apple | MCkinsey |
Bain & Company | Microsoft |
BCG | Procter & Gamble |
Goldman Sachs | Morgan Stanley |
Citigroup | Walt Disney |
Deloitte | IDeo |
Pepsico | |
Unilever | Nike |
GE | Barclays |
Deutsche Bank | Tesla |
Johnson & Johnson | |
Ernst & Young | Accenture |
Indian Companies
Cognizant | Tata Consultancy Services |
ICICI Bank | KPMG |
HDFC Bank | Deloitte |
Infosys | Amazon |
Wipro | IBM |
Reliance Industries Limited | SBI Bank |
Top Colleges in India offering MBA Courses
Top MBA Finance colleges
SP Jain, Mumbai | |
Narsee Monjee, Mumbai | SCMS School of Business, Kochi |
Lal Bahadur Shastri Institute of Management, Delhi | |
Xavier Institute of Social Service, Jamshedpur | IIM, Calcutta |
KJ Somaiya Institute of Management Studies and Research, Mumbai | IIM, Kozhikode |
International School of Business & Media, Pune | - |
Top MBA Human Resource Management Colleges
Xavier Labour Relations Institute, Jameshedpur | Narsee Monjee Institute of Management Studies, Bangalore |
Indian Institute of Management, Bangalore | |
Indian Institute of Management, Ranchi | International School of Business and Media and Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata |
Management Development Institute, Gurgaon |
Top MBA Marketing Colleges
Indian Institute of Management, Bangalore | |
Indian Institute of Management, Calcutta |
Top MBA Information and Technology Colleges
Indian Institute of Management Ahmedabad | Symbiosis Institute of Computer Studies and Research, Pune |
Symbiosis Center for Information Technology, Pune | |
Faculty of Management Studies, Delhi | |
S.P Jain Institute of Management and Research, Mumbai |
Top MBA International Business Colleges
Symbiosis Institute of International Business (SIIB), Pune | |
K J Somaiya Institute of Management Studies & Research, Mumbai | FORE School of Management, New Delhi |
Indian Institute of Management Calcutta | |
NARSEE Monjee Institute of Management Studies (NMIMS), Mumbai |
Top MBA Digital Marketing Colleges
IIDE Indian Institute of Digital Education, Mumbai, Maharashtra | |
Top Business Analytics Colleges
Indian Institute of Management, Bangalore | Indian Institute of Management, Ahmedabad |
Indian Institute of Management,Calcutta | |
ISB Hyderabad | |
School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai |
Top MBA in Business Analytics Colleges
IIM Bangalore | |
FORE Delhi | IISC Bangalore |
NMIMS Mumbai | |
XIME Bangalore |
Scope of MBA
As India is heading towards rapid growth and a rapid shift is happening all over India.
Many business ventures and startups are stepping out more and more. Therefore with the increase of more companies MBA can become a mainstream degree in such situations.
Frequently Asked Question (FAQs) - MBA Salary in India For Freshers & Experienced
Question: What are the types of entrance exams for MBA in India?
Answer:
- National Level
- Institute Level
- State Level (MBA Test)
Question: What are the benefits of an MBA?
Answer:
Master of business administration (MBA) benefits are improving professional skills, job security, building networks, gaining business knowledge, growth, knowledge of the global market, improved communication skills, better time management, and a high salary.
Question: What is PGDM?
Answer:
PGDM Stands for Post Graduate Diploma in Management. It is a two years of diploma programme offered by autonomous B-Schools recognised by AICTE.It is similar to an MBA in the college and is accredited by AIU.
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