MBA Jobs, Scope, Salary and Placements in India

Duration: 2 Years
Avg Fees: ₹3 - 15 LPA
Ram Rakshith V
Ram Rakshith V

Updated on - Jan 2, 2024

Latest Updates for MBA

The MBA jobs for candidates vary depending on the industry or the job designation. MBA jobs are tremendous in various industries and areas such as Information & Technology, Retail, Healthcare, etc. The salary per year in India for MBA graduates range between INR 4,00,000 - 30,00,000 with positions such as Consultant, Analyst, Director, Executive, Managing Director, etc.

The MBA job scope in India is vast due to the diverse range of specializations offered in the course. In turn, it helps candidates get government jobs after MBA with a salary ranging from INR 4 to 20 LPA. According to Payscale, the average MBA salary in India is INR 8.6 LPA.

Table of contents

Also, Check: Why MBA? Top Reasons to Pursue an MBA

MBA Jobs in India

The MBA scope in India has been rising for the past few years with development in the business fields and foreign investments. The diverse coursework involved in the MBA course offers candidates to excel in numerous areas, including in the public and private sectors. Some colleges and universities also conduct placement drives with some of the conglomerates that help candidates secure many lucrative jobs.

Entry-Level Jobs for MBA freshers

MBA jobs for freshers include HR Assistant, Finance, or Financial Analyst roles. The salary of an MBA graduate ranges from INR 4 - 30 LPA depending on the skills, experience, and college. Following are some of the job profiles for MBA freshers. 

Job Profile

Description

Entry Level Salary

Product Manager

  • They oversee a product's strategy, planning, delivery, marketing, and in-life optimization.
  • They evaluate the client requirements and the bigger corporate goals a product or feature will satisfy.

INR 6 LPA

Business Analyst

  • They assess the efficiency of organizations and assist them in enhancing their processes and systems.
  • They perform research and analysis to develop solutions for business issues.

INR 3.1 LPA

Marketing Manager

  • They drive company success and growth with efficient marketing techniques.
  • They establish marketing and pricing strategies and produce new business leads.

INR 3.5 LPA

Financial Analyst

  • They evaluate and assess capital expenditures, depreciation, proposals, etc.
  • They analyze a company's financial data to guide business investment decisions.

INR 4.1 LPA

Also, Read: List of Dream Companies For MBA Students

MBA Govt Jobs for Aspirants

There are a variety of government jobs available to MBA graduates offered by top companies like the Reserve Bank of India, State Bank of India, Bharat Heavy Electricals Limited, and Oil and Natural Gas.

The following table shows the MBA scope in the government sector:

Job Profiles

Description

Entry Level Salary

Finance Manager

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

INR 3.2 LPA

Product Manager

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

INR 5 LPA

Accounting Manager

  • They lead and supervise the daily accounting department activities.
  • They track and assess accounting data and generate financial reports.

INR 4.1 LPA

Private Jobs for MBA Graduates

The scope for MBA students in private companies is broad and ever-growing with the development of new industries and foreign investments. Following is a list of private jobs for MBA graduates:

Job Profiles

Description

Entry Level Salary

Brand Partnership Manager

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

INR 8 LPA

Marketing Director

  • They are responsible for coordinating all production and execution aspects of any given campaign.
  • They are responsible for strategy, analysis, as well as team leadership.

INR 8.7 LPA

Human Resources Manager

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

INR 5.3 LPA

Strategy Manager

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

INR 6.5 LPA

Also, Check: Job Opportunities after MBA from IIM

MBA-Salary-Based-on-Job-Designations

Specialisation-Wise Jobs for MBA Graduates

MBA jobs depend on the specialization chosen by the student while studying the course. Each MBA specialization offers a unique world, thus the student must select the specialization carefully. The following are the specialization-wise MBA jobs available for graduates.

MBA in HR

MBA HR professionals are responsible for maintaining a cordial relationship between an organization and its employees. MBA in HR jobs includes administration, employee relations, talent and compensation, business partnering, etc. The table below lists the jobs after MBA in HR for fresh MBA graduates:

  • HR Manager - Talent Acquisition
  • HR Manager - Compliance
  • HR Manager - Training
  • HR Professor

Read More: MBA in HR Jobs

MBA in Marketing 

MBA Marketing includes candidates preparing the market analysis of a brand, defining brand value, and creating strategies for marketing techniques. Below is some of the standard MBA jobs available for MBA in Marketing graduates:

  • Sales/Business Development
  • Account Manager
  • Market Researcher

Read More: MBA in Marketing Jobs

MBA in Business Analytics

The MBA Business Analytics includes job roles in areas such as IT, Technology, E-Commerce, Healthcare, and Finance Sectors. Some of the common job roles for this course are given in the list below:

  • Business Analyst
  • Data Analyst
  • Predictive Modeller
  • Market Research Analyst

Read More: MBA in Business Analytics Jobs

MBA in Fashion Designing

The MBA Fashion Designing includes candidates being well-skilled in the field of fashion along with business communication, marketing and brand management. Some of the MBA Fashion Designing jobs for graduates is given in the list below:

  • Fashion Designer
  • Boutique Owner
  • Brand Manager
  • Fashion Merchandiser

Read more: MBA in Fashion Designing Jobs

Some Other Important MBA Specialization-Wise Jobs Roles are:

MBA in Project Management Jobs
MBA in Aviation Management Jobs
MBA in Supply Chain Management Jobs
MBA in Travel and Tourism Jobs
MBA in Event Management Jobs
MBA in Digital Marketing
MBA in Tourism Jobs
MBA in Safety Management Jobs
MBA in Airport Management Jobs
MBA in Banking and Finance Jobs
MBA in Hospital Management Jobs
MBA in Healthcare Management Jobs
MBA in Airline Management Jobs
MBA in Industrial Management Jobs
MBA in Sports Management Jobs
MBA in Information Technology (IT) Jobs
MBA in International Business Jobs
MBA in Operations Management Jobs
MBA in Financial Management Jobs
MBA in Retail Management Jobs

Areas of Recruitment for MBA Graduates

The MBA job scope in India is diverse, ranging from fashion to technology to the education industry. Due to the nature of an MBA, candidates can choose and specialise in various paths. Candidates are frequently informed of current developments in the sector. For those seeking an MBA, some of the top recruiting fields are:

Industries

Job Designations

Retail Industry

Retail Manager, Store Manager, Supply Chain Manager, Brand Manager, Merchandiser

Agri-business Industry

Agriculture Manager, Agriculture Operations Specialist, Rural Manager, Agribusiness Manager, Agribusiness Marketing Manager, Grain Merchandiser

Advertising Industry

Marketing Executive, Market Researcher, Marketing Coordinator, Business Development Executive, Public Relations Officer, Advertising Manager

Automobile Industry

Automobile manager, Automobile Production Manager, Assembly Line Manager, Benchmarking Manager, Sales Executive, Procurement Executive

Healthcare Industry

Pharmaceutical Project Manager, Health Administrator, Health information manager, Hospital administrator, Policy analyst, Healthcare Consultant

Supply Chain Industry

Industry Analyst, Project Manager, Global Logistics Manager, Transportation Director, Supply Chain Sales, Warehousing Manager

Information Technology Industry

Project Manager, Analytics Manager, System Manager, Quality Assurance Executive, SAP Consultant, Social Media Manager

Finance Industry

Financial Analyst, Risk Manager, Investment Banking Associate, Management Consultant, Cash Manager, Accounting Manager

Career Scope of MBA

MBA scope is extensive in terms of acquiring adequate career prospects and great MBA salary packages. The salary packages depend on the aspirant's specialisation in the MBA course. Candidates can opt for several courses after MBA that will enhance their skills and expertise and contribute to their career prospects and professional growth.

Career Options After MBA

The MBA career options and salary for candidates depend on many factors such as company, sectors, experience level, specialization, and qualifications. Below are some of the popular career options for MBA:

  • Product Manager: Product planning, delivery, and marketing are all the responsibilities of the product manager during the whole product lifecycle.
  • Business Analyst: Business analysts assess a company's performance and support process and system enhancement. 
  • Financial Analyst: An expert who provides financial advice to corporations and organizations, including recommendations for stocks and bond investments.

Read More: Career After MBA

Courses after MBA

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

  • PhD
  • MPhil
  • Executive MBA
  • Doctor of Business Administration 
  • Fellow Programmes in Management from IIM’s
  • Certified in Production and Inventory Management (CPIM)
  • ISB's Certificate Programme in Business Analytics

Read More: Top 10 Courses after MBA

Skills Required for MBA Jobs

MBA graduates must possess soft and hard skills with theoretical and practical knowledge. The following is a list of competencies that MBA graduates must have:

  • Communication Skills: MBA professionals require good communication skills as they are responsible for stakeholder engagement, client interaction, presentation of business data, etc.
  • Negotiation and Conflict Management: MBA professionals in domains like marketing, finance, and accounts need good negotiation and conflict management skills for making business deals, building client relations, etc.
  • Creativity: In order to design unique business strategies for organizations and change structure in dynamic markets MBA graduates need innovative and creative skills.
  • Critical Thinking: To solve complex business problems, assess risk and make data-driven decisions MBA professionals require the application of their critical thinking.
  • Teamwork Ability: In order to drive productivity and deliver organizational success MBA professionals are required to lead and work in teams towards a common goal.

Read More on Top Skills required for MBA Students

Factors to be Considered Before Choosing a Job

When choosing a job after completing an MBA, there are several factors to consider that need to be aligned with candidates' career goals and interests. Below mentioned are a few factors that should be considered before choosing a job:

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

Salary Offered to MBA Graduates in India

MBA salary in India depends on candidates' specialisation, experience level, and qualification. After MBA jobs and salary for candidates in both public and private fields are in demand with lucrative salary packages, which are given in the following points below.

MBA Salary in India

The average MBA salary in India ranges between INR 4 - 30 LPA, depending on the graduate's experience and skills. Students' university placements, internships, projects, specializations, etc., impact the MBA salary in India.

The table below indicates the average range of MBA jobs salary in India:

MBA Salary in India

Amount

Highest Salary

INR 30 LPA

Average Salary

INR 7 LPA

Lowest Salary

INR 4 LPA

MBA Placements

During the programme's final year, MBA placements are held at many famous colleges in India. The companies frequently have partnerships with institutions that enable applicants to look into opportunities in various fields. On-campus or off-campus placements are both options. The top MBA colleges, top recruiters, and average MBA salaries are shown below:

Top IIMs with Placement Package

Below is the table for top IIMs for MBA along with the average salary offered to graduates during placements:

Name of IIM

Average Domestic Salary

IIM Ahmedabad

INR 28.13 LPA

IIM Lucknow

INR 26 LPA

IIM Kozhikode

INR 15 LPA

IIM Shillong

INR 19.17 LPA

IIM Rohtak

INR 13.74 LPA

IIM Ranchi

INR 15.11 LPA

IIM Raipur

INR 15.20 LPA

IIM Tiruchirappalli

INR 14.96 LPA

IIM Kashipur

INR 13.82 LPA

IIM Udaipur

INR 13.84 LPA

IIM Nagpur

INR 13.12 LPA

IIM Visakhapatnam

INR 13.08 LPA

IIM Bodh Gaya

INR 11.20 LPA

IIM Amritsar

INR 12.61 LPA

IIM Sirmaur

INR 11.28 LPA

IIM Sambalpur

INR 11.61 LPA

IIM Jammu

INR 10.64 LPA

Top Non-IIMs with Placement Packages

College Name

Top Recruiters

Average MBA Salary 

SIBM, Pune

American Express, AON, Bajaj Finserv, Bosch, Colgate Palmolive, L'Oréal, Microsoft, Morgan Stanley, Samsung

INR 26.7 LPA

NMIMS, Mumbai

Microsoft, Google, TAS, JP Morgan, Morgan Stanley, Salesforce, Samsung, ITC, Accenture, IBM

INR 27 LPA

SPJIMR Mumbai

Amazon India, Axis, ITC, Deloitte, Hindustan Unilever, Flipkart, Goldman Sachs, PwC, KPMG, L'Oreal, Microsoft

INR 33 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

Read More: MBA Placements

Top MBA Recruiters

MBA graduates can find jobs in a variety of businesses and fields, including retail, logistics and supply chain, information technology, etc. Below is a list of some of the top recruiters along with the average MBA salary for graduates:

Top Recruiters for Government Sector

Top Recruiters

Average Annual Salary 

Cement Corporations of India

INR 7.8 LPA

BEML Limited

INR 9 LPA

Coal India Limited

INR 12.5 LPA

SBI

INR 15 LPA

Bharat Electronics Limited

INR 12.5 LPA

Department of Urban Development and Housing

INR 13 LPA

(Souce: Ambition Box)

Top Recruiters for Private Sector

Top Recruiters

Average Annual Salary 

Panasonic

INR 7 LPA

Reliance Industries

INR 7.5 LPA

Wipro

INR 8 LPA

TCS

INR 7.4 LPA

Infosys

INR 8.5 LPA

Amazon

INR 7 LPA

ITC 

INR 7.2 LPA

(Souce: Payscale)

Jobs for MBA Abroad

Students studying MBA abroad have adequate career prospects in the Top Fortune 500 companies. The salary and hierarchy will enhance based on the students skills and experience. A detailed view of top international companies that recruit MBA graduates abroad is given below along with salary information. 

Top International Companies for MBA Graduates

 Check the list below for the top international companies that hire MBA students:

Top Companies

Average Salaries

Google

INR 35-60 LPA

Boston Consulting Group

INR 10-40 LPA

Facebook

INR 32-57 LPA

JP Morgan Chase & Company

INR 9-19 LPA

McKinsey & Company

INR 5-24 LPA

Apple

INR 45-60 LPA

Chevron

INR 50-70 LPA

[Source:  Glassdoor & Payscale]

MBA Jobs in US

Jobs for MBA graduates from US universities are predicted to expand at a rate of 50% annually between 2019 and 2029, resulting in 476,200 new job opportunities. The job roles and respective salaries for MBAs in the United States are listed below.

Job Role

Popular Recruiter

Average Salary (USD) 

Management consultant

The Boeing Company, Wells Fargo & Co., Northrop Grumman Corporation

1,38,038

Finance Manager

Microsoft, DaVita Inc., Raytheon Co.

1,85,619

Marketing Manager

Abc Corp., Fischer Homes, SAP America, Inc, Siemens

87,965

Operation Manager

Baker Tilly Virchow Krause, LLP, CliftonLarsonAllen, CBRE Group

88,444

Administrative Managers

Ernst & Young, SMG Management, M2S, Abc Corp.

1,47,322

[Source:  Glassdoor & Payscale]

MBA Jobs in Canada

According to CEIC data, the industrial growth of Canada is substantially high with a growth rate of 3.3%. Many individuals from India migrate to Canada and most of them are MBA students. As a result, graduates with an MBA will have an easier time finding employment in  IT, manufacturing industries based in Canada. Listed below are MBA Finance job scope in Canada:

Job Role

Recruiters

Average Salary (CAD)

Business Consultant

IBM Canada, Optimus SBR

89,081

Financial Analyst

EY, KPMG

72,384

Marketing Manager

Microsoft, Nestle, Johnson & Johnson

77966

Supply Chain Manager

Capgemini, Scotiabank

88,027

Operations Analyst

Bank of America, Porter Airlines, DHL

58,646

[Source:  Glassdoor & Payscale]

MBA Jobs in UK

The employment growth rate of UK grew over 75% in the FY 22-23, resulting in a high career prospect in the manufacturing and service industries. MBA career options within the UK are as follows:

Job Role

Recruiters

Average Salary (GBP/month)

Management Consultant

KPMG, Deloitte,

63,038

Business Development Manager 

Amazon UK, GlaxoSmithKline

61,951

Project Manager 

Microsoft, Credit Suisse

56,455

Financial Management Associate

Citi, RBC

61,846

Business Intelligence Manager

PwC UK, JPMorgan Chase Bank

61,846

[Source:  Glassdoor & Payscale]

MBA Fee Structure

FAQs

What are the Government Jobs after MBA with salary?

Student can get various job opportunities in government-based enterprises such as RBI, SBI, and LIC as accounting manager, bank managers with a salary range of INR 4- 20 LPA

What job will I get after MBA?

Students with an MBA can obtain employment opportunities as Finance Managers, Business Analysts, Business Consultant, Business Analyst, etc.

Which MBA has the highest salary?

Business Analytics is the highest-paying MBA specialization in the present time.

What is the salary for an MBA fresher?

An MBA graduate can expect an average entry-level salary of INR 7 to 12 LPA depending on their job profile.

What is an MBA salary per month?

The average MBA salary per month ranges from INR 60,000 to 1 LPA.

Who earns more a CA or MBA?

CA and MBA both are skill-oriented courses and provide job opportunities in MNCs, financial institutions, and business units with a lucrative compensation package.

Does an MBA guarantee a high salary?

Yes, depending on the years of experience, MBAs tend to earn the highest salaries in Finance, Consulting, and Technology.

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