Executive MBA Salary, Jobs, Scope in India

Duration: 1 Year
Avg Fees: ₹8 - 10 L
GMU
GMU

Updated on - Jan 16, 2024

Latest Updates for Executive MBA

  • 25 April 2024 :

    CMAT exam date 2024 has been released by NTA, it will be conducted on May 15, 2024.

  • 24 April 2024 :

    CMAT 2024 application form correction window is available from Apr 24 - 26, 2024.

  • 01 April 2024 :

    MAT 2024 registration for May session is ongoing. The last date for IBT 1 registration is May 16, 2024.

  • 19 March 2024 :

    IMU CET application form has been released and the last date to apply is May 5, 2024.

The executive MBA salary for graduates in India is lucrative as it helps them excel in management, retail and business organisation. Due to the professional nature of the executive MBA course, candidates can work in public and private domain areas such as Information & Technology, Retail, Healthcare, etc. 

The salary after an executive MBA in India increases from 20% to 30% with positions such as Director, Executive, Managing Director, etc. According to Payscale, India’s average Executive MBA salary is INR 20 LPA but the salary and job roles may vary depending on individual skills and experience. The most common roles include Executive Management, Consulting, Non-profit leadership, and Entrepreneurship.

Table of Contents

Executive MBA Jobs in India

The Executive MBA scope in India has been rising for the past few years with development in the business fields and foreign investments. Universities also offer jobs after executive MBA in India under the placement drive. The list below highlights the executive MBA scope for candidates in India.

Executive MBA Government Jobs for Aspirants

Executive MBA graduates can choose from various government positions offered by prestigious firms, including the Reserve Bank of India, State Bank of India, Bharat Heavy Electricals Limited, Oil and Natural Gas, etc. The scope of executive MBA in the government sector is shown in the table below:

Job Profiles

Description

Entry Level Salary

Finance Manager

  • Manage budgets, oversee financial operations, produce financial reports, and examine financial data.
  • Assist the executive management team by providing financial advice and insight.

INR 3.2 LPA

Product Manager

  • Oversee a product's strategy, planning, delivery, and marketing.
  • Evaluate the client requirements and the bigger corporate goals a product or feature will satisfy.

INR 5.1 LPA

Accounting Manager

  • Lead and supervise the daily accounting department activities.
  • Track and assess accounting data and generate financial reports.

INR 2.4 LPA

Private Jobs for Executive MBA Graduates

Due to the development of new markets and foreign investments, there is much scope for executive MBA students working for private businesses. The following is a list of private job openings for Executive MBA graduates:

Job Profiles

Description

Entry Level Salary

Brand Partnership Manager

  • Build and maintain connections with key brand partners to produce relevant and innovative results.
  • Build a good connection with regional teams as they create brand-aligned programs.

INR 8.4 LPA

Marketing Director

  • Responsible for coordinating all production and execution aspects of any given campaign.
  • Responsible for strategy, analysis, and team leadership.

INR 20 LPA

Human Resources Manager

  • They are in charge of managing all administrative activities pertaining to the staff of an organization.
  • Create strategies for recruitment and implement systems for managing employee benefits and payroll.

INR 2.8 LPA

Strategy Manager

  • Evaluate organizations and identify their strengths, weaknesses, operational efficiency, and potential.
  • Collaborate with other departments to ensure alignment and effective execution of strategies. 

INR 6.6 LPA

[Source: Ambitionbox] 

Specialisation Wise Executive MBA Jobs

When enrolling in the program, the specialisation the candidates choose in the EMBA field determines jobs opportunities. Each EMBA speciality offers a separate world. Thus, the student must choose the specialisation with care. The following are the specialisation-specific EMBA roles for graduates.

EMBA in HR

Candidates who want to succeed in their management and organisation of human resources will benefit from the EMBA in HR. Following graduation, candidates are presented with numerous top HR roles. The EMBA positions that are specific to the HR specialisation are listed below.

EMBA HR Jobs 

Average Salary (INR)

Director of Talent Acquisition 

INR 1.8 cr per annum

Sr. HR Manager

INR 1.6 cr per annum

Sr. HR Generalist

INR 5.5 LPA

Sr. HR Business Partner

INR 1.4 cr per annum

Director of Human Resource

INR 2 cr per annum

EMBA in Marketing 

Candidates for the EMBA in Marketing programme should have a creative approach and be skilled in branding, advertising, and various marketing mix and modules. Some of the top jobs available to EMBA in Marketing graduates include the following:

EMBA Marketing Jobs 

Average Salary (INR)

Sr. Marketing Manager

INR 1.5 cr per annum

Marketing Manager

INR 9.9 LPA

Sr. Business Analyst

INR 1.1 cr per annum

Product Marketing Manager

INR 1.5 cr per annum

Vice President Marketing 

INR 3 cr per annum

EMBA in Finance

The EMBA Finance programme educates students on managing investment portfolios, mutual funds, hedge funds, capital management, stock values, and one's overall financial profile. Following are some of the most prominent job roles for those with this degree:

EMBA Finance Jobs 

Average Salary (INR)

Business Analyst

INR 1.1 cr per annum

Sr. Associate- Investment Banking

INR 1 cr per annum

Lead Business Analyst

INR 2.1 cr per annum

Credit Risk Manager

INR 1.4 cr per annum

AVP Consumer Lending

INR 2 cr per annum

EMBA Operations

An increasingly popular area of study for EMBA is operations. The training modules equip students with theoretical and practical knowledge of operation management law, sourcing, transportation, and export-import documentation. The following are some of the most prevalent employment roles for this degree:

EMBA Operations Jobs 

Average Salary (INR)

Operations Manager

INR 1.5 cr per annum

Supply Chain Manager

INR 1.3 cr per annum

Director of Operations

INR 2.7 cr per annum

Purchasing Manager

INR 1.4 cr per annum

Quality Manager

INR 1 cr per annum

Other Important EMBA Specializations

  • EMBA in Entrepreneurship
  • EMBA in IT
  • EMBA Health Care

Areas of Recruitment for Executive MBA Graduates

There is a diverse range of industries for candidates to work or they can return to the industry they previously worked in before the course. Candidates are frequently informed of current developments in the sector. For those seeking an Executive MBA, some of the top recruiting fields are:

Industries

Job Designations

Retail Industry

Brand Manager, Retail Manager, CSR Director, Store Manager, Operations Manager

Agro-Business Industry

CTO, Operations Specialist Manager, Crop Insurance Manager, Market Analyst, Sustainable Agriculture Consultant

Advertising Industry

Marketing Director, Creative Direcotr, SEO Specialist, Design Manager, Content Producer, Project Manamger

Automobile Industry

Product Manager, Project Manager, Sales Manager, Regional Sales Manager, CMO, Insurance Manager

Finance Industry

CFO, Finance Analyst, Investment Banker, Accountant, Financial Manager

Skills Required for Executive MBA Jobs

The graduates of executive MBA programs need specific skills to excel and prosper in the field, along with academic knowledge. In the list below are the skills graduates must have for the industry:

  • Designing skills
  • Creativity
  • Critical thinking
  • Problem-solving skills
  • Teamwork ability
  • Advance Mathematics knowledge

Executive MBA Salary in India

Many factors affect the executive MBA salary, such as candidates' specialization, experience level, and qualifications. It, in turn, opens the executive MBA scope for candidates in both public and private fields with lucrative salary packages, which are given in the following points below.

Executive MBA Salary in India

The average executive MBA salary in India ranges between INR 10 LPA and can go up to INR 20 LPA, depending on the graduate’s experience and skills. The candidate’s previous job experience, university and placement opportunities all play crucial roles in the salary structure. The table below indicates the average range of executive MBA packages in India:

Executive MBA Salary in India

Amount

Highest Salary

INR 20 LPA

Average Salary

INR 15 LPA

Lowest Salary

INR 10 LPA

Executive MBA Salary Based on Job Designations

The scope of an executive MBA in India is based on several criteria, such as talents, experience, job demand, function, etc. There are a variety of executive MBA job positions in the private and public sectors. The following table provides information on executive MBA scope and salary:

Executive MBA Job Designation Salary

Job Role

Average Salary

Project Manager

INR 14 LPA

Operations Manager

INR 16 LPA

Human Resources Manager

INR 10 LPA

Senior Product Manager

INR 20 LPA

General Manager

INR 26 LPA

IT Managers

INR 16 LPA

CEO

INR 50 LPA

Marketing Manager

INR 10 LPA

Executive MBA Salary Based on Sectors

The demand for executive MBAs in India's governmental and private sectors is increasing. The table below, divided into two sectors, illustrates the wide variety of Executive MBA scopes and salaries. 

Private Sector

The private sector in India hires executive MBA graduates based on various factors, such as their previous work experience, qualifications, and universities. The table below contains reputed private firms and their respective average Executive MBA salary in India:

Top Recruiters

Average Annual Salary

Accenture

INR 19 LPA

British Telecom

INR 14 LPA

HCL Technologies

INR 18 LPA

Ernest & Young

INR 15 LPA

Government Sector

The scope of executive MBA in the public sector has expanded due to government initiatives in rural or metropolitan areas. Following an Executive MBA is a list of government jobs in India with salaries.

Top Recruiters

Average Salary

RBI

INR 5 - 20 LPA

SBI

INR 4 - 10 LPA

National Payments Corporation of India

INR 4 - 9 LPA

Life Insurance Corporation of India

INR 4 - 10 LPA

[Source: Glassdoor]

Executive MBA Placements

Executive MBA placements in India are conducted by universities at the end of the semester. As a result of the companies' regular collaborations with institutions, candidates can research career prospects across various industries. Placements can be done either on or off campus. 

Top IIMs with Placement Package

Below is the table for top IIMs and executive MBA packages in India that are offered during placement drives. 

Top IIMs

Top Recruiters

Average Domestic Salary

IIM Ahmedabad

Barclays, Accenture, BCG, Deloitte, The Boston Consulting Group, Hindustan Unilever, etc

INR 28.13 LPA

IIM Bangalore

Accenture, Bain & Company, AWS Consulting, The Boston Consulting Group, Hindustan Unilever, etc

INR 26.18 LPA

IIM Calcutta

Amazon, Adobe, Flipkart, Microsoft, Navi, Paytm, Salesforce, etc

INR 25 LPA

IIM Lucknow

Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG

INR 26 LPA

IIM Kozhikode

Accenture, Adani Group, Amazon, Ambit Capital, American Express, Bain & Company, etc

INR 15 LPA

IIM Indore

Bain & Co., Microsoft, P&G, Nestle, IBM, Puma, Adobe, Flipkart, etc.

INR 23.60 LPA

IIM Udaipur

Liberty Life Insurance, Mahindra & Mahindra Ltd., Anand Rathi Wealth Limited, o9 Solution, etc.

INR 13.84 LPA

Top Non-IIMs with Placement Packages

In the table below are executive MBA packages in India offered by non-IIMs along with top recruiters:

College Name

Top Recruiters

Average Executive MBA Salary 

SP Jain Global School of Management

Grand Hyatt Hotels, Cisco Systems, Credit Sussie, Isprava, Edelweiss

INR 18.9 LPA

ISB

Waterfield Advisors, Landmark Group UAE, Postman, Media.Net, IT Limited, Ambit

INR 20 LPA

PES University

Ernest & Young, KPMG, JP Morgan, Apple, IBM, Proctor & Gamble

INR 21 LPA

XLRI Jamshedpur

Microsoft, Bain & Co., Deloitte, Accenture, Ericsson, Virtusa, Deutsche Bank, etc

INR 25 LPA

NITIE, Mumbai

Amazon, EY, KPMG, PwC, Deloitte, Godrej, P&G, Marico, HUL, Colgate Palmolive, etc

INR 27 LPA

Top Executive MBA Recruiters

The benefit of an executive MBA is that candidates are placed in some companies with lucrative positions and salary packages. Given in the table are some of the top companies and their salaries:

Top Recruiters

Average Annual Salary 

Accenture

INR 19 LPA

British Telecom

INR 14 LPA

HCL Technologies

INR 18 LPA

Ernest & Young

INR 15 LPA

Accenture

INR 19 LPA

British Telecom

INR 14 LPA

Capgemini

INR 24LPA

[Source: Glassdoor]

Career Scope of Executive MBA

The Executive MBAs range is broad regarding obtaining good professional prospects and competitive compensation packages. Following an Executive MBA, candidates have various options for courses that will advance their knowledge and abilities, improve their professional development, and open up new job opportunities.

Career Options after Executive MBA

The Executive MBA, salary and career options depend on market valuation, sectors, company, appraisal and incentive packages. Below are some of the popular career options for an Executive MBA:

  • Product Manager: Product planning, delivery, and marketing are all the responsibility of the product manager during the whole product lifecycle.
  • Human Resource Manager: HR Manager focuses on the smooth flow of the organisation with relation to employees' and employers' management and records.
  • Finance Manager: An expert who provides financial management to corporations and organisations, including recommendations for stocks and bond investments.

Courses after Executive MBA

After completing an Executive MBA course, the following are the most frequently pursued higher education options that might enhance a student's career:

  • PhD
  • MPhil
  • ISB's Certificate Programme in Business Analytics
  • Doctor of Business Administration 
  • Fellow Programmes in Management from IIMs
  • CISA- Certified Information Systems Auditor
  • CRMA- Certification in Risk Management Assurance 

Factors to be Considered Before Choosing a Job

Candidates should consider a number of factors after receiving an Executive MBA, all of which should align with their professional goals and passions. The following factors should be considered when choosing a job:

  • Job roles and responsibilities
  • Culture and values of the organization
  • Skills required
  • Career advancement opportunities
  • Industry growth
  • Salary, incentives, etc

Executive MBA Fee Structure

FAQs

Can I get job after Executive MBA?

Yes, after EMBA candidates are eligible for positions such as AVP, Director, Executive Director, Senior Manager in many fields.

What is the work of Executive MBA?

Executive MBA is a course curated for professionals who are willing to excel in their professional domain through top-tier subjects.

Does Executive MBA increase salary?

Yes, candidates can expect a hike of 20-40% from their previous salary structure after graduating from an EMBA course.

What is the salary after an Executive MBA in HR?

After graduation from Executive MBA in HR candidates can expect a rise of INR 10 -15 LPA along with the promotion.

Do companies accept Executive MBA?

Yes, companies accept EMBA and there are some companies who sponsor candidates to pursue Executive MBA courses.

Can we do Executive MBA without job?

No, EMBA is only for working professionals with a minimum of 3+ years of industry exposure.

Loading...