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Home > News & Articles > MBA Salary In India: Per Month, Average, Highest, Specialization Wise Salary
Updated on 09th January, 2024 , 3 min read
MBA Salary in India ranges from INR 7, 00, 000 – INR 12, 00, 000 per year for various programs. The MBA Average Salary in India is INR 7,71,801. MBA in one of the most well-paid PG courses. Thereafter, one who graduates the course will be able to get various jobs with a hefty amount of salary.
The MBA in Finance Salary varies from INR 4 LPA - to INR 10 LPA. The highest salary in this field is INR 10 LPA. Moreover, to know about the complete details about MBA Salary in India, read the full article below.
Details | MBA Salary |
MBA Salary in India | INR 7, 00, 000 – INR 12, 00, 000 per year |
Average Salary of MBA in India | INR 7,71,801 |
MBA Starting Salary | INR 5 LPA |
Highest MBA Salary | INR 10 LPA |
MBA Finance Salary | INR 4 LPA - INR 10 LPA |
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The below-mentioned table explains the details about MBA specialization wise salary:-
Specialization | Jobs | MBA Salary in India |
Finance | Financial Analyst | INR 6.63 LPA |
Corporate Finance | INR 6.10 LPA | |
Assistant Vice President - Corporate Banking | INR 19.26 LPA | |
Credit Risk Management | INR 11 LPA | |
Derivatives Structuring | INR 9.25 LPA | |
Portfolio Manager | INR 11.35 LPA | |
Treasury Manager | INR 9 LPA | |
Business Analytics | Marketing Analyst | INR 4.87 LPA |
Data Analyst | INR 4.38 LPA | |
Marketing Manager | INR 6.85 LPA | |
Senior Business Analyst | INR 9.94 LPA | |
Order Processing Manager | INR 4.34 LPA | |
Business Analyst (Unspecified Type) | INR 5.42 LPA | |
Sales & Marketing | Sales Management | INR 6.09 LPA |
Marketing Management | INR 5.97 LPA | |
Business Development | INR 6.77 LPA | |
Customer Relationship Management | INR 6.37 LPA | |
Strategic Management | INR 8.05 LPA | |
Human Resources | HR Manager - Talent Acquisition | INR 3.5 LPA |
HR Manager - Training | INR 4.6-4.7 LPA | |
HR Manager - Compliance | INR 3-4 LPA | |
HR Professor | INR 2-3 LPA | |
Operation Management | Operations Manager | INR 7.8 LPA |
Supply Chain Program Manager | INR 8.74 LPA | |
General Operations Manager | INR 12.24 LPA | |
Business Process Managers | INR 7.79 LPA | |
Technical Operations Manager | INR 10.17 LPA | |
Area Operations Manager | INR 6.02 LPA | |
Plant Manager | INR 16.68 LPA | |
International Business | Account Manager | INR 3.6-6 LPA |
Sales Manager | INR 4.80-12 LPA | |
Business Development Manager | INR 4-8 LPA | |
Marketing Manager | INR 3.6-10 LPA | |
Management Consulting | Strategy Consulting | INR 13.53 LPA |
IT/Technology Consulting | INR 9.79 LPA | |
Operations Consulting | INR 6 LPA | |
HR Consulting | INR 5 LPA | |
Marketing & Sales Consulting | INR 3 LPA |
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The experience-wise MBA Salary is mentioned in the tabular format below:-
MBA Profile | Salary |
Supply Chain Manager | INR 3,42,752 LPA – INR 11,98,483 LPA |
Operations Manager | INR 3,71,015 LPA – INR 9,97,945 LPA |
HR Manager | INR 3, 69, 454 LPA – INR 10, 14, 633 LPA |
Marketing Manager | INR 4, 13, 682 LPA – INR 9, 13, 232 LPA |
General Manager | INR 6,00,000 LPA – INR 26,16,370 LPA |
All about MBA:
IIMs always rank among the top MBA universities globally due to their quality of education and technology-driven training. Here's the list of the top IIMs and their average MBA Salary in India:-
IIM | MBA Salary | Top Recruiters |
INR 26.13 LPA | Boston Consulting Group, McKinsey, Tata Consultancy Services | |
INR 33.16 LPA | Amazon, McKinsey, Microsoft, Paytm, Oyo Rooms | |
INR 34 LPA | IIFL, Zomato Nykaa, Amazon | |
INR 25.01 LPA | Cipla, Deloitte, Bajaj, Hero, ICICI Bank | |
INR 23 LPA | Adobe, IBM, EY, Salesforce, Pepsico | |
INR 31 LPA | Myntra, Landmark, African Industries Group | |
INR 22.5 LPA | Google, KPMG, Microsoft, EY |
Types of MBA | Salary |
Regular MBA | INR 2.7 LPA |
INR 3.5 LPA | |
INR 5 LPA | |
INR 4 LPA |
Name of the Institutes | Highest MBA Salary in India |
INR 20.75 LPA | |
INR 30.60 LPA | |
INR 78 LPA | |
INR 30.60 LPA | |
INR 63 LPA | |
INR 72 LPA | |
INR 43 LPA | |
INR 65 LPA |
MBA in Finance Salary averages from INR 4 – INR 10 LPA. One who graduates with the course will be able to bag the jobs mentioned below:-
Jobs | MBA Finance Salary |
Financial Analyst | INR 5 LPA – 8 LPA |
Relationship Manager | INR 7 LPA – 9 LPA |
Account Manager | INR 7 LPA – INR 12 LPA |
Bank Manager | INR 6 LPA – INR 10 LPA |
Business Analyst | INR 6 LPA – INR 12 LPA |
Finance Manager | INR 10 LPA – INR 18 LPA |
Chief Financial Officer | INR 15 LPA – INR 20 LPA |
Equity Research Analyst | INR 7.5 LPA – INR 12 LPA |
Research Analyst | INR 6 LPA – INR 10 LPA |
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By - Nikita Parmar 2023-08-25 09:48:44 , 11 min readAns. The MBA Salary per month varies from INR 45, 000 - INR 50, 000.
Ans. MBA salary in India ranges from INR 7,00,000 to INR 12,00,000 per year for various MBA programmes. The average MBA salary in India in 2021, according to payscale, was INR 7,71,801. MBA is the one of the most well-paid postgraduate courses. Also Read: Best MBA Specializations with high paying jobs in India.
Ans. An MBA pays substantially less on average than a CA does. An average CA makes about INR 8.06 LPA, but an average MBA graduate makes between INR 4 and 5 LPA.
Ans. One of the highest-paying MBA specialisations is finance. Everything revolves around finance management-related subjects such as resource management, pricing, investment, asset management, and financial planning.
Ans. MBA is one of the most popular courses worldwide and one reason for that is the high salary packages that the degree offers. So yes, an MBA degree gives you a high salary package, provided that you do it from a good college with good placement services.
The starting salary after an MBA degree might be between INR 8-15 lac per annum. The salary also varies across the different MBA specialisations.
Ans. MBA in General Management, Operations, Finance, Business Analytics, and Marketing are among the highest paying MBA specialisations.
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