MBA Accounting Salary, Jobs, Scope in India 2024

Updated on - Jan 4, 2023

MBA Accounting jobs are available for graduates in a wider and more diverse variety of roles. Job opportunities exist for graduates in both the private and public sectors. MBA Accounting jobs after graduation include Accounting Educators, Chief Compliance Officers, Chief Financial Officers, Controllers, Environmental Accountants, and Financial Analysts.

Career Prospects and Job Scope for an MBA Accounting Graduate

Jobs for the course graduates are available to students at ease. A student can easily map their MBA Accounting course as per their future aspirations. Listed below are some of the popular jobs after the MBA in Accounting that is undertaken by graduates:

Data Analyst
Research Analyst
Assistant Professor
Enumerator
Biostatistician
Data Interpreter
Econometrician
Lecturer
Research Scholar
Statistician

Areas of Recruitment for MBA Accounting

Students pursuing an MBA Accounting course are not limited to their specific areas of study after graduation, resulting in a diverse job market. There are numerous MBA Accounting jobs available for graduates in both the private and public sectors. Some of the areas of recruitment are as follows:

Indian Economic Services
Business Complexes
Commercial Hubs
Educational Institutes
Consulting Firms
Insurance Companies
Economics
Financing Sector
Indian Civil Services
Public-Sector Undertakings (PSUs)
Banks

MBA Accounting Salary

The salary for MBA Accounting graduates can vary depending on the specialization chosen by the aspirants. Experience, location, and specialization are all factors that can influence the MBA in Accounting salary in India. Internships and work placements can help graduates increase their salaries by broadening their experience.

MBA in Accounting Salary in India

The average MBA Accounting Salary for graduates is around INR 4 - 20 LPA [Source: PayScale]. The table below shows the salary breakdown of MBA Accounting graduates in India:

MBA Accounting Salary	Amount (INR)
Highest Salary	20 LPA
Lowest Salary	4 LPA
Average Salary	7.5 LPA

Source: Glassdoor

The table below contains the list of MBA Accounting Job profiles and their average salaries per annum:

Designation	Salary (INR)
Financial Planner	4.6 LPA
Accounts Receivable Clerk	4 LPA
Tax Consultant	6.9 LPA
Accounting Manager	8.9 LPA
Chief Accounting Officer	14 LPA

Source: Payscale

MBA Accounting Salary Abroad

According to PayScale, the annual salary of an MBA Accounting Graduate in India is around INR 4- 15 LPA. Statistics is one of the most popular courses in the world, making it an appealing option for Indian students. The table below contains a list of job profiles available in other countries, as well as the annual salaries associated with them.

Job Profile	Salary (USD)
Financial Planner	78,431 P.A
Accounts Receivable Clerk	30,702 P.A
Tax Consultant	67,294 P.A
Accounting Manager	57,839 P.A
Chief Accounting Officer	97,294 P.A

Source: PayScale

Career Scope of MBA Accounting

In terms of multidisciplinary job opportunities and the breadth of higher education available to graduates, the MBA in Accounting is one of the most diverse degree programmes.

Based on their graduation grades and specialization, students will find a relevant job in their field or a suitable course for further education. Whether a graduate chooses to work or further their education, Statistics has a wide range of applications. The course is primarily designed for working professionals.

Career Options after MBA Accounting

There are a number of employment domains that MBA Accounting graduates can join immediately after graduation. The MBA Accounting Is one of the most diverse courses in terms of employment opportunities for graduates. The list of career opportunities available to the graduates is as follows:

Accountant: The account is responsible for editing and analyzing account information in the preparation of asset, liability, and capital account entries. Documentation of financial transactions by entering account information, analyzing billing options and reporting financial transactions.
Chief Accountant Office: A.O is in charge of the organization's accounting department. She is in charge of the company's accounting and financial reporting.
Forensic Accountant: Forensic Accountant investigates fraud by using investigative, auditing, and accounting skills to analyze an organization's financial statements.
Auditing Manager: Auditing Manager in charge of organizing and supervising internal audits in accordance with the annual audit plan, and frequently managing a team of auditors.

Government Jobs for MBA Accounting Graduates

The salary for an MBA Accounting Job position varies depending on the aspirant's specialization choice and his or her sector of employment. MBA Accounting course jobs are also available in the government sector. Graduates can expect to earn between INR 4 and 15 LPA (Source: Payscale) on average in MBA Accounting Jobs.

Top Government Hiring Roles	Salary (INR)
Forensic Accountants	5.8 LPA
Auditing Manager	6.2 LPA
Lecturer	5.4 LPA

Source: Payscale

Private Jobs for MBA Accounting Graduates

Students who do not want to work for the government can pursue a career in the private sector after earning an MBA in Accounting. MBA Accounting Students have a plethora of job opportunities in the private sector. The average salary for an MBA Accounting Job for graduates is around INR 17 LPA (Source: Payscale). The following are the job titles:

Top Private Hiring Avenue	Salary (INR)
Bain & Company	4.9 to 10 LPA
Mckinsey & Company	4 to 17 LPA
Google	4.1 to 15 LPA
Citi Bank	4 to 17 LPA
HDFC	3.8 to 15 LPA

Source: Payscale

Job Opportunities Abroad for MBA Accounting Graduates

MBA Accounting graduates have a wide range of job opportunities in the global job market. Because of the specialized nature of the training and information they receive, there is a greater demand for those graduates than there is supply. The course is structured in such a way that every student, regardless of specialization, will be able to find work in a foreign country.