MBA Salary in India 2025: Know Specialisation-wise Salary breakup
There is ample scope for MBA graduates in our country in various domains. Read all about top MBA institutes in India, highest salaries and top recruiters for the year 2025-2026 below.
MBA (Master of Business Administration) salaries in India vary based on the candidate's specialisations, work experience, and college. Graduates from top B-schools like Indian Institute of Management (IIMs) bag the highest package compared to other B-Schools. Among all the specialisations, MBA in Finance has been the highest paying specialisation in India with roles offered in corporate finance, investment banking, and risk management.
MBA program is one of India's most popular and in-demand postgraduate courses. MBA in India is offered under various specialisations such as Finance, Marketing, Operations, Consulting, IT & Technology, Healthcare, and so forth. The qualification and experience of the candidate are directly proportional to the MBA salary in India offered by the organisation. Before choosing the MBA specialisation, students have to carefully choose the stream that offers more job opportunities in the market and the highest annual compensation.
- Top Job Sectors after completing MBA
- Four Factors Determining the Starting MBA Salary in India
- Starting MBA Job Salary in India- Specialisation-wise breakup
- MBA Salary Per Month in India
- MBA Placements
- High Demand for Consulting Graduates in 2025:
- MBA Starting Salary 2025 in India
- Admissions into MBA programs
Top Job Sectors after completing MBA
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There is ample scope for MBA graduates in our country in various domains. Students should choose their stream of study based on their interests and career goals. Some of the top Jobs after completing an MBA in India are:
Banking and Finance
These jobs are available with banks and are concerned with investment analysis, commercial banking, transaction banking liabilities management, portfolio management, and data security.
Information system management
There are multiple components included in the total course fee such as tuition fees, hostel charges, admission fees, security deposit, etc. The table given below mentions the course-wise MDI Gurgaon PGDM fee:
Course | Total Tuition Fee |
|---|---|
PGDM-BM | INR 23.54 lakh |
PGDM-BA | INR 8.25 lakh |
PGDM-PPM | INR 4.84 lakh |
NOTE: The above-mentioned fee is taken from external sources. Hence, is indicative. Students are advised to contact the admission department of the institute.
As per the official website, NMIMS Mumbai BBA fees INR 2.5 Lacs - INR 44 lakh. This range contains the total fee for all the three years of the course. NMIMS BBA fee structure may include components such as Tuition fees and more. Candidates who get selected for the course have to pay a certain amount of fee at the time of admission. However, this information is subject to change. Candidates are requested to visit the official website or refer to Narsee Monjee BBA fees structure to know more details around same.
The ideal candidate is required to provide a thorough cost analysis for the right technology to be used in managerial departments.
Data Analytics
These professionals make sense of the big data in different sectors such as retail, banking and e-commerce management.
Entrepreneurship
This stream equips the candidate to start their own business and be the head of their own start-ups.
Also Read: Top PGDM Colleges in India
Four Factors Determining the Starting MBA Salary in India
1. Prior work experience
Having work experience before joining the MBA programme gives an added advantage to the candidates in the placements. When the experienced and non-experienced are placed in the same organisation with the same profile, the compensation varies, with the package of the experienced being superior. However, candidates must have valid years of experience before joining the programme
2. Specialisation
XLRI is accredited by AACSB (Association to Advance Collegiate Schools of Business), AMBA, and NBA (National Board of Accreditation) and is approved by AICTE (All India Council for Technical Education), AIU, and GOI. XLRI Jamshedpur is ranked 9 for MBA in the NIRF 2023 rankings and was established as a private college in 1949. Being a private college, the fee can be a little high but the students can apply for scholarships provided by the XLRI-Xavier School of Management. Hence, even if the students find XLRI Jamshedpur a little expensive, they don't have to worry as scholarships are there to assist them.
Several components add up to the total fee for MDI Gurgaon courses. Candidates can get in touch with the MDI Gurgaon admission office for the complete fee structure. The PGDM specialisation-wise tuition fee is further mentioned in the following table:
Course | Total Tuition Fee |
|---|---|
PGDM IB + MIM | INR 26 lakh |
PGDM Business Analytics | INR 21.65 lakh |
PGDM | INR 26.2 lakh |
PGDM-HRM | INR 18.67 lakh |
Online PGDM | INR 8.95 lakh |
NOTE: The mentioned fee is taken from the official website/sanctioning body. It is still subject to changes and hence, is indicative.
In India, MBA is offered under various specialisation amongst which popular ones are Consulting, Sales and Marketing, Finance, Human Resources, IT and Systems, Operations and International Business. On the basis of the 2020-2021 placement reports of the top MBA colleges in India Consulting sector has acquired the highest CTC followed by Finance.
3. B-School
One of the major factors that determines the MBA degree salary is the institute from which the candidate has graduated. The average MBA graduate salary in India from IIM stands between Rs. 8 LPA to Rs. 28 LPA.
4. Geographical location
Besides the factors such as B-school and qualifications, geographical location plays a crucial role to play in the salary. The location of the organisation helps in fixing the offer on the basis of market value and cost of living. In India, cities such as Mumbai, Bangalore, Delhi, and Chennai offer high pay.
Starting MBA Job Salary in India- Specialisation-wise breakup
MBA Salary in India: Finance
Refer to the table below to know the MBA finance salary in India.
| Job Profile |
Average Starting Salary |
|---|---|
| Financial Analyst |
INR 6.4 LPA |
| Corporate Finance |
INR 10 LPA |
| Assistant Vice President - Corporate Banking |
INR 30.1 LPA |
| Credit Risk Management |
INR 13.9 LPA |
| Derivatives Structuring |
INR 4.2 LPA |
| Portfolio Manager |
INR 12.8 LPA |
| Treasury Manager |
INR 16.9 LPA |
MBA Salary in India: Business Analytics
Refer the table below to know the MBA Business Analytics salary in India.
| Job Profile |
Average Starting Salary |
|---|---|
| Marketing Analyst |
INR 9.6 LPA |
| Data Analyst |
INR 6.8 LPA |
| Marketing Manager |
INR 6.85 LPA |
| Senior Business Analyst |
INR 13 LPA |
| Order Processing Manager |
INR 6 LPA |
| Business Analyst (Unspecified Type) |
INR 10.3 LPA |
Source: Ambition Box
MBA Salary in India: Sales and Marketing
Refer the table below to know the MBA sales and marketing salary in India.
| Job Profile | Average Starting Salary |
|---|---|
| Sales Management | INR 7.2 LPA |
| Marketing Management | INR 13 LPA |
| Business Development | INR 7.3 LPA |
| Customer Relationship Management | INR 3.8 LPA |
| Strategic Manager | INR 28.4 LPA |
Source: Ambition Box
MBA Salary in India: Human Resources
Refer the table below to know the MBA human resources salary in India.
| Job Profile |
Average Starting Salary |
|---|---|
| HR Manager - Talent Acquisition |
INR 14.3 LPA |
| HR Manager - Training |
INR 6 LPA |
| HR Manager - Compliance |
INR 6.5 LPA |
| HR Professor |
INR 3.3 LPA |
MBA Salary in India: Operation Management
Refer the table below to know the MBA operation management salary in India.
| Job Profile |
Average Starting Salary |
|---|---|
| Operations Manager |
INR 11.2 LPA |
| Supply Chain Program Manager |
INR 22 LPA |
| General Operations Manager |
INR 28.5 LPA |
| Business Process Managers |
INR 15.6 LPA |
| Technical Operations Manager |
INR 35.2 LPA |
| Area Operations Manager |
INR 9.5 LPA |
| Plant Manager |
INR 23.7 LPA |
MBA Salary in India: International Business
Refer to the table below to know the MBA International business salary in India.
| Job Profile |
Average Starting Salary |
|---|---|
| Account Manager |
INR 10 LPA |
| Sales Manager |
INR 7.2 LPA |
| Business Development Manager |
INR 7.7 LPA |
| Marketing Manager |
INR 13 LPA |
MBA Salary in India: Management Consulting
Refer to the table below to know the MBA management consulting salary in India.
| Job Profile |
Average Starting Salary |
|---|---|
| Strategy Consulting |
INR 25.9 LPA |
| IT/Technology Consulting |
INR 15.1 LPA |
| Operations Consulting |
INR 4.4 LPA |
| HR Consulting |
INR 5.7 LPA |
| Marketing & Sales Consulting |
INR 16.33 LPA |
MBA Salary Per Month in India
Check the table below to know the approximate average range of salary per month in India for various specializations:
| MBA Specialisation | Average MBA salary per month in India |
|---|---|
| MBA in Healthcare | INR 50,000 |
| MBA Marketing | INR 65,000 |
| MBA in Digital Marketing | INR 45,000 |
| MBA in Finance | INR 60,000 |
| MBA in Event Management | INR 50,000 |
| MBA in HR | INR 43,000 |
| MBA in Operations | INR 63,000 |
| MBA in Business Analytics | INR 45,000 |
| MBA in Entrepreneurship | INR 45,000 |
| MBA in IT | INR 48,000 |
MBA Placements
The best part of joining an MBA program in a top business school is that the students are placed in top-notch organizations when they are still in the final year of their course. IIM Placements for the year 2024/2025 have already been completed or are in their final stage of completion in the MBA institutes.
MBA starting salary in India 2025 and top recruiters are discussed in the table below.
| Name of IIM |
Highest CTC (INR) |
Average CTC (INR) |
|---|---|---|
| INR 1.08 CPA |
INR 35.68 LPA |
|
| NA |
INR 34.88 LPA |
|
| INR 91.45 CPA |
INR 34.23 LPA |
|
| INR 65.00 LPA |
INR 30 LPA |
|
| INR 72.02 LPA |
INR 27 LPA |
|
| INR 1.00 CPA |
INR 25.68 LPA |
|
| INR 71.50 LPA |
INR 26.10 LPA |
|
| INR 48.25 LPA |
INR 19.27 LPA |
|
| INR 37.80 LPA |
INR 18.69 LPA |
|
| INR 67.60 LPA |
INR 21.04 LPA |
|
| INR 43.69 LPA |
INR 19.43 LPA |
|
| INR 37.00 LPA |
INR 18.10 LPA |
|
| INR 47.00 LPA |
INR 18.80 LPA |
|
| INR 38.40 LPA |
INR 16.29 LPA |
|
| INR 43.25 LPA |
INR 15.61 LPA |
|
| INR 32.50 LPA |
INR 13.09 LPA |
|
| INR 58.52 LPA |
INR 16.51 LPA |
|
| INR 64.12 LPA |
INR 14.45 LPA |
|
| INR 23.50 LPA |
INR 14.21 LPA |
|
| INR 31.75 LPA |
INR 15.48 LPA |
|
| INR 54.00 LPA |
INR 29.44 LPA |
High Demand for Consulting Graduates in 2025:
It has been noticed that the highest percentage of the responding organisations wish to place the graduates from the business schools in the Consulting sector. This trend shows that consulting is one of the top job functions that employers will place the new business school graduates, followed by Finance, Marketing and IT sectors.
MBA Starting Salary 2025 in India
The Indian scenario is overwhelming as far as the starting salary after MBA is concerned. On average MBA starting salary ranges between INR 7 LPA to INR 12 LPA per annum and upwards. Graduates specialising in finance, marketing, data analytics, and HR continue to bag the highest starting salaries among other MBA specialisations.
The average placement salaries for some of the top Business Schools in the country are as follows.
| Name of the Institution |
MBA starting salary in 2025 (per annum) |
|---|---|
| INR 34.1 LPA |
|
| INR 25.5 LPA |
|
| XLRI Jamshedpur |
INR 29.89 LPA |
| SPJIMR Mumbai |
PGDM and PGDM (BM): INR 33 LPA PGPM: INR 23.88 LPA |
| INR 27.63 LPA |
|
| PGP: INR 25.68 LPA PGPHRM: INR 22 LPA |
|
| IIFT Delhi |
INR 29.1 LPA |
Admissions into MBA programs
- To gain admission into MBA programmes, the candidate should have a minimum of 50 per cent marks in their graduation degree from any authorized university or board.
- Some of the top MBA colleges also consider the scores of common entrance examinations such as XAT, CAT, MAT, and GMAT for MBA admission.
- The top business schools in the country admit students to different MBA programs such as MBA in finance, MBA in marketing, MBA in business analytics, MBA in entrepreneurship, MBA in IT & Systems and a lot more.
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a year ago
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5 years ago
Many B-schools conduct Lateral Placement processes for the students who have prior work experience. In most of the cases, the salary figures offered to the experienced students are more than that of the freshers owing to their prior experience which would add value to the company.