Highest paying MBA specialisation in 2013: Finance tops the list
An MBA is often judged by the success and placement of its alumni. Which specialisation has the most lucrative returns in the market? What is the average salary earned post placements? What are the top firms hiring in that specific specialisation?
These questions weigh heavily on a candidate’s mind while seeking admission in a B-school.
To make the decision easier for you, Shiksha.com analysed some data from Naukri.com, India’s leading portal for job seekers. Naukri.com has a database of almost 30 million registered job seekers.
According to our findings, MBA or PGDM in the following subjects are the highest paying specialisations in the present Indian economy (the list is not rank-based).
- MBA in Finance
- MBA in Marketing
- MBA in Human Resources
- MBA in Operations
- MBA in Advertising and Mass Communication
According to our research, MBA or PGDM in Finance is one of the highest paying specialisation in today’s market. The data and findings are based on the latest resumes and resumes that have been updated in the past one year (2013). The average work-experience in this study is two to five years.
The exclusive findings explain three primary things:
- Top colleges for pursuing MBA in Finance
- Average CTC (Cost-to-company) received by the alumni in each college
- Top companies hiring MBA in Finance
Indian Institute of Management (IIM) Ahmedabad emerges as the top institute in MBA Finance specialisation followed by IIM Calcutta, Indian School of Business (ISB) Hyderabad, IIM Lucknow and IIM Bangalore. The highest average package received after two to five years of experience is Rs 16 lakhs per annum, by the alumni of IIM Ahmedabad and Calcutta.
The data of top companies hiring MBA in Finance graduates is based on maximum recruitments (as reported by Naukri.com users). HDFC takes the top slot in this regard with 1919 recruitments, followed by ICICI bank with 1809 recruitments and Axis Bank with 1444 recruitments.
Top colleges & Average CTC
| Institute Name |
Average package after 2 to 5 years of experience(LPA) |
| 16 |
|
| 16 |
|
| 15 |
|
| 15 |
|
| 15 |
|
| 14.4 |
|
| 14.25 |
|
| 13.5 |
|
| 13.25 |
|
| 13 |
|
| 13 |
|
| 12.725 |
|
| 12.55 |
|
| 12.3 |
|
| 12 |
|
| National Institute of Industrial Engineering (NITIE), Mumbai |
11.5 |
| 11 |
|
| 10.6 |
|
| 10.425 |
|
| 10.2 |
|
| 10 |
|
| Symbiosis Centre for Management and Human Resource Development (SCMHRD) |
10 |
| 9 |
|
| 9 |
|
| 8.8 |
|
| 8.8 |
|
| 8.775 |
|
| Shri Dharmasthala Manjunatheshwara Institute for Management Development |
8.775 |
| 8.6 |
Top 25 Companies (based on number of hires in 2013)
| Company Name |
No. of employees |
| HDFC Bank |
1919 |
| ICICI Bank |
1809 |
| Axis Bank |
1444 |
| Genpact(GECIS) |
804 |
| Deutsche Bank |
500 |
| Infosys Technologies |
487 |
| Kotak Mahindra Bank |
483 |
| Cognizant Technologies Solutions |
461 |
| Accenture Services |
424 |
| Deloitte Touche Tohmatsu |
410 |
| Tata Consultancy Services (TCS) |
401 |
| Thomson Reuters |
391 |
| Royal Bank of Scotland (RBS) |
382 |
| Muthoot Group |
354 |
| Yes Bank |
352 |
| Indusind Bank |
348 |
| Manappuram General Finance & Leasing |
307 |
| Capgemini |
301 |
| Hongkong & Shanghai Banking Corporation(HSBC) |
295 |
| JP Morgans Chase |
292 |
| Ernst & Young |
284 |
| EXL Service |
267 |
| India Infoline |
266 |
| Karvy Stock Broking |
251 |
| eClerx Services |
249 |
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2014-05-12 12:14:08
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2014-05-11 13:47:29
2014-05-12 09:58:59
2014-05-08 12:07:45