The job opportunities after MBA from IIM are quite vast for you to get placed with big MNCs or high-paying startups on highest pay grades. The positions offered to you with a management degree in IIM is substantially high than other B-schools in the country.
You can avail yourselves of several job opportunities after MBA from IIM as an MBA from IIM is a prestigious degree accepted worldwide. IIMs are hard to get into due to their stringent admission process and requirements. Over two-thirds of students at IIMs have some prior work experience.
IIM graduates are the most employable, trainable, and talented of all MBA colleges in India and have a wide range of job opportunities after an MBA from IIM with a salary of INR 20 Lakh per annum right out of college. IIM graduates also receive the highest pay packages from any MBA college in India. Students often quetsion if is mba from iim worth it? Yes! It is. The starting salary of MBA from IIM ranges between INR INR 15-20 LPA. While the salary after MBA from IIM shall reach to as high as INR 35-40 LPA.
Highest Paying Job Opportunities after MBA from IIM
IIM graduates are in high demand in the current job market, and there are various options of career growth after MBA from IIM as yu gain unmatched knowledge of the specific fields during their studies. You are also taught to think outside the box and look for innovative solutions to various problems. Even there are several options of government jobs after MBA from IIM Some of the top job opportunities after IIM are as follows:
1. Marketing Manager
A marketing manager is a person who manages the marketing operations of the company. They are accountable for supervising the implementation of marketing activities related to a particular product or service in the market. They are the face of the company to the market/ consumers and might need to act as the spokesperson on behalf of the company on several occasions.
A marketing manager must be creative to deal with various situations that could either be anticipated or come as a complete surprise or threat. Some planned activities include advertising, press conferences, speaking engagements, printed interviews, public endorsements, and more. One must know how to handle crises such as an issue with the company's products, bad press attention, company individual misspeaking or misbehaving, etc.
Hiring Companies: Hindustan Lever, Pepsi & Co, ITC Limited, Google, Microsoft, P&G, Amazon, Coca-Cola, Nestle, Marico, Colgate Palmolive, Facebook, Flipkart, Reckitt Benckiser, Kelloggs, Dabur.
2. Management Consultant
A management consultant is another option for top job opportunities after an MBA from IIM. Companies hire management consultants to enhance efficiency and offer solutions to optimize their operations by analyzing available data.
The work of a management consultant involves helping organizations and corporations by adopting new technologies or restructuring the company, among many other options. This is one of the job chances after MBA from IIM that requires great communication as they deal with different businesses and teams most of the time.
Hiring Companies: Boston Consulting Group, Bain, McKinsey, Ernst and Young, KPMG, PriceWaterCoopers.
3. Investment Banker
An investment banker is one of the options for job opportunities after MBA from IIM. An investment banker is a person who works closely with a financial services company dealing with investment banking, sales, trading, wealth management, brokerage, etc. The job role requires raising capital for individuals, companies, and organizations. The job requires you to deal with large and complex dealings, including restructuring, merging, and sales for your client.
Hiring Companies: Goldman Sachs, Morgan Stanley, JP Morgan Chase, Merrill Lynch.
4. Business Analyst
A business analyst analyzes data and makes conclusions on any business organization's needs with the help of this data. This is one of the job opportunities after MBA from IIM that provide technological solutions that involve computer software and tools and mostly concern themselves with any particular project to give business insights based on the data collected.
The job role of a business analyst involves:
- Case study and planning.
- Supervision.
- Conveying requirements and streamlining.
- Assisting in better business decisions.
Hiring Companies: Amazon, P&G, Soch, Flipkart, EY, KPMG.
5. Financial Advisor
Financial advisors are professionals who are specialists in financial studies and give financial advice to clients about any problem or issue. They are generally considered to be a partner in the finances of the company. A financial advisor is responsible for giving investment advice, new ventures for business, new branches, or whether the business requires more employees.
This is one of the job opportunities after MBA from IIM that requires one to be strong in financial knowledge and be aware of market trends and should be speculative enough to give profitable financial advice. A great financial advisor is considered an asset for any business to reach its financial goals and investments.
Hiring Companies: JP Morgan & Chase, Morgan Stanley, GS and more.
6. Administrative Manager
An administrative manager is one of the job roles after MBA from IIM that ensures and oversees consistent business operations and administration. They are responsible for maintaining smooth day-to-day operations of the company related to staff like outlining, preparing, and executing systems of administration. Their job responsibilities include managing staff for administration and recording and storing their performance and achievements.
Administrative managers also manage financial objectives by studying and predicting supply requirements, budgeting and scheduling expenditures, evaluating costs, and studying variance. One needs to have skills for budgeting and evaluating expenses, quality control, staffing, organization, discipline, and motivation of employees, communicating requirements, generating reports, and finding ways to make the operations more efficient to become a good administrative manager.
Hiring Companies: Google, Microsoft, P&G, Amazon, Flipkart and many.
7. Human Resource Manager
HR is one of the most demanding job opportunities after MBA from IIM. The main job role of a human resource manager is to manage people inside a company or organization. Some of the skills required to be an exceptional HR manager include being great at communication, interpersonal skills, empathy, business awareness, analytical and interpretation, being adept with legal frameworks and routes, mediation and possessing integrity, and being approachable.
A human resource manager, also known as an HR manager, looks after the recruiting of new talent, training new or existing employees, career development, benefits, perks and compensation of employees, employee relations, compliance with the employment laws, employee grievances, and maintaining an overall healthy and conducive working environment.
Hiring Companies: Uber, Udaan, Flipkart, Amazon, Infosys, TVS, Tata Motors, Tata Electronics, Titan and many more.
8. Product Manager
A product manager looks after developing, handling, and testing a new product for any company or organization. A product manager is one of the job opportunities after MBA from IIM that is responsible for making a strategy for making a new product, be it a physical product or a virtual product like software or app.
Product managers look after the product's functional requirements and make decisions on its features and specifications. They must possess a deep knowledge of the product features regarding market needs and consumer requirements.
Hiring Companies: Startups and MNCs.
9. Operations Manager
The role of an operations manager is one of the likeable job roles that controls and monitors the processes of production, manufacturing, and improving the business operations concerning the production or delivery of services. They ensure the effective functioning of the core operations of the business by managing the resources and assessing the market requirements.
An operations manager is in huge demand in various industries like manufacturing, hospitals, technology, etc. They are responsible for making daily and long-term strategic decisions concerning the company's core business, i.e., the generation of products.
Hiring Companies: Most of the manufacturing companies.
Also Check:
Top MBA Job Roles with Great Salary Brackets
The ones at IIMs are guaranteed 100% placement with varied job opportunities after MBA from IIM. In the IIM placement drive, leading firms like E&Y, Deloitte, Walmart, Accenture, JP Morgan Chase, Barclays, etc. visit to seek young and fresh people for different job profiles. The ones who explore job opportunities can expect to earn between INR 20 Lakhs and INR 1 Crore as a beginning salary.
Let's look at the average beginning salaries for some popular job profiles.
| MBA Job Roles | Salary Brackets (INR) |
| Marketing Manager | 7-11 LPA |
| Management Consultant | 19.5 – 23 LPA |
| Investment Banker | 4-8 LPA |
| Business Analyst | 4-5 LPA |
| Financial Advisor | 1.2 -8 LPA |
| Administrative Manager | 2 -13 LPA |
| Human Resource Manager | 2 -5.2 LPA |
| Product Manager | 5 - 22 LPA |
| Operations Manager | 3- 18 LPA |
Read More:
IIM Highest International MBA Packages Offered
You can check out the highest international package given for IIM graduates by the top international recruiters all around the world.
| IIM Name | Highest International Package (2023) | Highest International Package (2022) |
| IIM Ahmedabad | Rs. 1.15 CPA | Rs 1.32 CPA |
| IIM Lucknow | Rs. 1 CPA | Rs. 61.59 LPA |
| IIM Bangalore | Rs. 75 LPA | Rs 75 LPA |
| IIM Kozhikode | Rs. 72 LPA | Rs. 61.5 LPA |
| IIM Ranchi | Rs. 67 LPA | Rs. 32.21 LPA |
| IIM Kashipur | Rs. 37 LPA | Rs 48.50 LPA |
| IIM Nagpur | Rs. 47 LPA | Rs. 31.54 LPA |
| IIM Jammu | Rs. 51 LPA | Rs. 32 LPA |
There are several job opportunities to pursue after MBA from IIMs. The ones pursuing an MBA are advised to go through the salary package, placement companies, and other related details to secure your future.