M.Sc Management Jobs, Scope, Salary in India 2024

Kripal Thapa

MSc Management jobs are available for graduates in a wider and diverse variety of roles. The career options are very wide and diverse, due to the flexibility of the coursework that the students obtain. Some of the MSc Management job lists include Finance Managers, Marketing Managers, Production Managers, Project Managers, Business Development Managers, etc.

Career Prospects and Job Scope for a MSc Management Graduate

MSc Management jobs are available to graduates at ease. A student can easily map their MSc Management course as per his or her future aspirations. Business Administration jobs are the primary areas of employment for graduates of the MSc Management course. The MSc Management scope of work for a graduate is comprehensive and varies over a large number of working areas and sectors.

Listed below are some of the popular jobs after MSc Management that is undertaken by graduates:

Finance Managers
Marketing Managers
Production Managers
Management Consultant
Associate Research Manager
Project Managers
Assistant Professor (Management)
Business Development Managers

Areas of Recruitment for MSc Management

There is a large scope of MSc Management jobs for graduates in both the private and public sectors. After MSc Management graduation students pursuing a MSc Management course are not limited to their specific areas resulting in a vast job. With many specialisations, the MSc Management course is an all-around course.

Concerning the previous academic background and the personal choice and the ability of the student towards a particular program, there exists an appropriate plan for almost every candidate opting for the MSc Management course. Some of the areas of recruitment are:

Business Organizations
Government Departments
Global Tourism Sector
International Consultancy Firms
Banking Sector
Financial Services
International Marketing
Brand Management

MSc Management Salary

The MSc Management salary for the graduates can differ according to the specialisation that the aspirants decide to pursue. Other factors which can affect MSc Management salary in India include experience, location, specialisation. Graduates can increase their salary by doing internships and work placements as it would add to their experiences.

MSc Management Salary in India

The average MSc Management salary for graduates is around INR 2.3 - 10 LPA [Source: PayScale]. The table below shows the salary breakdown of MSc Management graduates in India:

PGDBA Salary	Amount (INR)
Highest Salary	13 LPA
Lowest Salary	3.2 LPA
Average Salary	6.7 LPA

Source: Glassdoor

The table below contains the list of MSc Management jobs in India and their average salaries per annum:

Designation	Salary (INR)
Finance Manager	10 LPA
Project Manager	13.41 LPA
Production Manager	7.43 LPA
Management Consultant	12.32 LPA
Assistant Professor	4.54 LPA

Source: Payscale

MSc Management Salary Abroad

MSc Management is one of the most popular courses in the world, making it an attractive prospect for Indian students to pursue abroad. Students will have access to the best infrastructure, amenities, academic curriculums, and faculties while pursuing a MSc Management abroad.

Furthermore, they will have the opportunity to work and earn attractive salaries upon completing the course. The average salary of a MSc Management graduate abroad is USD 75,838 PA (Source: PayScale). The table below contains the list of job profiles abroad and the appropriate per annum salaries:

Job Profile	Average Salary (USD)
Finance Manager	97,672
Marketing Manager	69,753
Production Manager	75,838
Management Consultant	92,085
Project Manager	77,392

Career Scope of MSc Management

MSc Management is one of the most diverse courses in terms of, not just employment opportunities across various domains, but also the scope of higher education for graduates. Depending on the MSc Management specialisation opted for by the student, they will be able to find relevant jobs in their domain or find the appropriate course for further education. The MSc Management scope is quite vast whether a graduate chooses to work or study further.

Courses after MSc Management

MSc Management graduates can opt for higher studies once they complete their undergraduate studies. There are plenty of options for MSc Management graduates to choose from depending on their MSc Management specialisation. The list below contains the names of courses that MSc Management graduates can pursue after completing the course:

PhD
PGDM
Fellowship Programmes

Career Options after MSc Management

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

Research and Development Manager: A research and development (R&D) manager is responsible for a variety of critical functions within an organisation. They are in charge of conducting research, planning, and implementing new programmes and protocols in their company or organisation, as well as supervising the development of new products.
Financial Analyst: Employees in this field must formulate business or investment recommendations after studying financial information. The business environment, market trends, etc. are analysis factors.
Human Resources Manager: A Human Resources Manager, also referred to as an HR Supervisor, is in charge of coordinating all administrative tasks related to an organization's workforce. They are responsible for creating recruitment plans, putting in place procedures for handling pay, benefits, and behaviour, and integrating new hires.
Brand Manager: A brand manager's job is to develop a company's brand strategy. In addition to other duties, they are in charge of market research, product development, online and offline advertising, and communication channels. They frequently conduct market research for companies.
Marketing Manager: An individual in charge of the company's advertising and marketing operations is known as a marketing manager. To increase the brand's visibility and reputation, they develop innovative strategies while staying within a budget. All print and digital advertising is reviewed, approved, and creative suggestions are made by them.

Government Jobs for MSc Management Graduates

MSc Management jobs salary varies with the experience and job position. This valuation depends on the specialisation option of the aspirant, his or her sector of employment, job profile, diligence, and dedication at the workplace as well as the seniority and experience of the aspirant.

The average PG Diploma in Business Administration jobs salary for graduates in the government sector is around INR 2.5 - 3 LPA. The job designations include:

Top Government Hiring Roles	Salary (INR)
Administrative Officer	4.43 LPA
Accounts Manager	5.80 LPA
Project Management Officer	5.90 LPA

Source: Payscale

Private Jobs for MSc Management Graduates

Students who don’t wish to pursue a government job can build a career after MSc Management in the private sector. The average MSc Management jobs salary for graduates is around INR 3.4 - 15.44 LPA. The job designations include:

Top Private Hiring Companies	Salary (INR)
Bloomberg	7 LPA
VHM Services	6.5 LPA
Capgemini	6.7 LPA
HDFC Pvt. Ltd.	6.36 LPA

Source: Payscale

Job Opportunities Abroad for MSc Management Graduates

There are plenty of opportunities for graduates after MSc Management, in the international job market. The education and information they gain are so specialised that those graduates' demand is higher than the supply. The course is designed such that every student, irrespective of their specialisation, is employable in a foreign country.