Highest paying MBA specialisation in 2013: HR offers lucrative packages
Which are the top companies hiring? Which specialisation has the most lucrative returns? What is the average salary earned after placements? In the Indian subcontinent, an MBA college is often judged by the success of its alumni.
As a result, MBA aspirants often resort to college rankings and placement reports to solve their queries. But that is not enough.
To make the decision easier for you, Shiksha.com analysed some exclusive data from Naukri.com to find out the top paying specialisations for 2013-14. Naukri.com, India’s leading job portal, has a database of almost 30 million registered job seekers.
We went through 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.
According to the research, MBA or PGDM in the following subjects are the highest paying specialisations in the current 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
In this article, we’ll explore the details of MBA in Human Resources (HR).
The study puts forward three primary details:
- Top colleges for pursuing MBA in HR
- Average CTC (cost-to-company) received by the alumni in each college
- Top recruiters hiring MBA in HR graduates
According to our research, Tata Institute of Social Sciences (TISS) is the top institute to pursue MBA in HR. The next best institutes are Xavier Labour Relations Institute (XLRI) and Management Development Institute (MDI). The highest average package earned after two to five years of work-experience is Rs 15.4 lakhs per annum.
The list of top firm hiring HR graduates based on maximum number of recruitments (as reported by Naukri users) is Infosys Technologies. Infosys hired 273 candidates in 2013. The next best firms are Wipro Technologies with 252 hires and Accenture Services with 213 hires.
It is interesting to note that though MBA in HR fetches high salary packages but the number of recruitments are quite less when compared to Finance and Marketing specialisations.
Top colleges & Average CTC
| Institute Name |
Average package after 2 to 5 years of experience(LPA) |
| Tata Institute of Social Sciences (TISS) |
15.4 |
| Xavier Labour Relations Institute (XLRI) |
14.375 |
| Management Development Institute (MDI) |
13 |
| Xavier Institute of Management Bhubaneswar |
10.5 |
| Symbiosis Centre for Management and Human Resource Development (SCMHRD) |
10 |
| Symbiosis Institute of Business Management (SIBM), Pune |
9.875 |
| International Management Institute (IMI), Delhi |
9 |
| SVKMs NMIMS (Narsee Monjee Institute of Management Studies) |
9 |
| FORE School of Management, New Delhi |
8.925 |
| Goa Institute of Management (GIM) |
8.7 |
| T. A. Pai Management Institute, Manipal (TAPMI) |
8.325 |
| Symbiosis Institute of Management Studies (SIMS) |
7.8 |
| University Business School (UBS), Panjab University, Chandigarh |
7.25 |
| Institute of Management, Nirma University |
7.025 |
| LIBA (Loyola Institute of Business Administration) |
7 |
| Indian Institute of Technology Kharagpur (IIT KGP) |
7 |
| Xavier Institute of Social Service |
6.5 |
| K. J. Somaiya Institute of Management Studies and Research |
6.25 |
| Xavier Institute Of Management & Entrepreneurship |
6.175 |
| Institute of Management Tecnology (Nagpur) |
6.1 |
| Alliance University |
6 |
| Birla Institute of Management Technology |
5.45 |
| University of Petroleum and Energy Studies (UPES) |
5.4 |
| Balaji Insitute of Management & Human Resource Development |
5.175 |
| Balaji Institute of Modern Management (BIMM) |
5.05 |
| The Maharaja Sayajirao University of Baroda |
5.05 |
| Institute of Public Enterprise |
5 |
| SCMS School of Business |
4.9 |
| University of Delhi |
4.8 |
| Indian Institute of Social Welfare And Business Management(IISWBM) |
4.625 |
Top 25 Companies (based on number of hires)
| Company Name |
No. of employees |
| Infosys Technologies |
273 |
| Wipro Technologies |
252 |
| Accenture Services |
213 |
| Deloitte Touche Tohmatsu |
181 |
| Tata Consultancy Services (TCS) |
175 |
| HCL Technologies |
147 |
| IBM Global Services |
141 |
| Capgemini |
133 |
| Cognizant Technologies Solutions |
128 |
| Larsen & Toubro(L&T) |
121 |
| Reliance Industries |
99 |
| Magna Infotech |
91 |
| Adecco PeopleOne |
89 |
| Future Group |
86 |
| Tata Motors |
86 |
| Randstad |
79 |
| TeamLease Services |
77 |
| ICICI Bank |
76 |
| Tech Mahindra (BPO) |
74 |
| HDFC Bank |
71 |
| Wipro Infotech |
70 |
| Genpact(GECIS) |
69 |
| Reliance Communications |
57 |
| Firstsource Solutions |
52 |
| Mahindra and Mahindra Financial Services |
52 |
