MBA is a professional PG degree that offers great career opportunities across various industries. It is one degree that plays an important role in your growth and development and enables you to transform into a complete professional with all the required skill sets.
An MBA career opens a wide variety of opportunities across different sectors which include management, finance, marketing, and operations, allowing freshers to excel in various sectors like finance, healthcare, e-commerce, and consulting. The field requires analytical skills attention to detail and a deep understanding of financial principles and markets.
An MBA graduate’s starting salary can range from INR 2.7 to INR 8 lakh per year. Students with experience are appointed to higher roles like associates and assistant managers and might experience considerable income increases in the industry.
The top recruiters of MBA courses are KPMG, TCS, Wipro, Deloitte, Amazon, Infosys, Microsoft, etc.
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MBA Course Details
MBA in Finance Career
MBA in Family Business Career
Top MBA Career Profiles and Salary
According to AIMS, banking, finance, consulting, marketing, manufacturing and technology are some of the fields that are craving for MBA graduates. Here is a list of some of the most in demand jobs -
Job Profiles |
Description |
Average Salary |
Business Analyst |
Works within an organization to analyze, understand and document the business processes and systems. |
INR 3 - 17 LPA |
Investment Banker |
Specializes in providing financial advisory services and raising capital. |
INR 2 - 50 LPA |
Chief Financial Officer |
Responsible for managing an organization's financial actions, strategies and operations. |
INR 12 - 90 LPA |
Product Manager |
Responsible for overseeing the development, strategy and success of a product throughout its lifecycle. |
INR 5.6 - 38 LPA |
Management Consulting |
Involves providing advisory services to organizations to improve their performance, solve problems and achieve their goals. |
INR 7 - 42.8 LPA |
Asset Manager |
Manages investments and assets on behalf of clients, which can include individuals, institutions or corporations. |
INR 3 - 14 LPA |
HR Manager |
Oversees the human resources department within an organization. |
INR 2.9 - 19 LPA |
Project Manager |
Responsible for planning, executing, and overseeing projects within an organization. |
INR 4.2 - 30 LPA |
Sales Manager |
Leads and manages a team of sales representatives or a sales department within an organization. |
INR 2.2 - 16 LPA |
Marketing Manager |
Responsible for planning and executing marketing strategies and campaigns. |
INR 2.4 - 25 LPA |
Operations Manager |
Oversees and manages the everyday operations and processes. |
INR 3 - 21 LPA |
Note - The salary has been taken from Ambitionbox.com.
MBA Scope In India: Jobs and Further Education
The advantage of doing MBA is that you can chose from various specializations. Students can find employment in so many industries because of this vast ocean of options. Some of the sectors where MBA graduates are constantly in demand are -
Sectors
|
Retail and Corporate Sector |
Banking and Financial Institutions |
Media Sector |
Hospitality Sector |
Education sector |
Management Consulting |
Manufacturing sector |
Entrepreneurship |
Information Technology |
- |
Note - This info is taken from different sources and may vary.
Average Salary Based On MBA Specializations
Choosing the best MBA specialization significantly affects your life and career in the long run. But, the salary of any professional depends on the skills, interest in earning, and other considerable factors. Here is a list of the top-paying specializations of MBA in India:
Top Recruiters For MBA Students
MBA graduates are in high demand in every sector. As a company grows, the need for a professional arises and there is more and more demand for MBA graduates. Some of the top multinational companies that recruit MBA graduates are:
Top Recruiters |
Amazon
|
Aditya Birla Group |
Mckinsey & Co. |
Boston Consulting Group |
Goldman Sachs |
Asian Paints |
Google |
Flipkart |
Microsoft |
ITC |
Hindustan Unilever |
Bain & Co. |
JP Morgan Chase & Co. |
Wipro |
Coca- Cola Company |
Top MBA Colleges for Placements
The popularity of an MBA as a preferred post-graduate degree is unprecedented. However, the choice of college marks the stepping stone towards a good career in the future. Given below is a list of some of the top IIMs with Median Salary offered in 2024- 25:
Note - This info is taken from different sources and may vary.
Here is a list of some of the Best private B-schools with Median Salary offered by them:
Note - This info is taken from the official website/media reports/NIRF website and may vary.
Read More:
Courses and Career Options after MBA
FAQs around MBA Career
Q. What is the starting salary after doing MBA?
A. The salary scale for an MBA in general management is commensurate with the position occupied and as well the years of experience of the individual. For the fresher of just within a year in the industry, the median salary range stands at INR 3 LPA. On the other hand, with more experience of between 5-9 years, the median salary per annum is about INR 7 LPA. With other experience levels, you stand to earn more with position attained in the company and the status of the particular company too playing a part.
Top 10 companies hiring after the course. There are a whole lot of places to work as an MBA holder. Virtually all sectors will one time or the other place adverts for vacancies.
Some of them in the top 10 are:
- Aditya Birla Group
- HCL technologies
- JPMorgan Chase
- New Gen Software
- IEEE corporate
- National Textile Corporation Ltd.
- Amazon seller Services Pvt. Ltd.
- Cisco Systems, Inc.
- Global Eagle Entertainment
- India Infrastructure Finance Company Ltd.
Q. What is the average salary of a fresher with an MBA in India?
A. The average salary of a fresher with an MBA in India ranges between INR 2 LPA to INR 50 LPA with an average annual salary of INR 2.5 LPA. If you completed your MBA ( full time ) from a top B School like IIMs etc, you will be getting more salary during your freshmen year compared to those who have pursued an MBA from an average B-School or colleges.
Q. Name some of the top recruiting companies hiring MBA graduates in India?
A. Some of the top recruiting companies hiring MBA graduates in India are Amazon, Google, Hindustan Unilever, Microsoft, Tata Administrative Services, Aditya Birla Group, Flipkart, etc. These companies hire MBA graduates for various roles such as HR Manager, Business Analyst, Investment Banker, Chief Financial Officer, etc.
Q. What kinds of sectors hire MBA graduates in India?
A. With the expansion of industries, MBA graduates are in demand in almost every sector now- a- days such as Retail and Corporate Sector, Banking and Financial Institutions, Media Industry, Hospitality sector, Education field, etc.
Q. Which cities are the best for MBA graduates in India?
A. If you want to work after completing a degree in MBA then cities such as Gurgaon, Bangalore, Mumbai, Delhi, Pune, Chennai, etc. are considered an ideal choices for MBA graduates in India. The above mentioned cities are also expensive for living so it is recommended that you prepare your expense accordingly.
Q. What are some of the core skills required to be an ideal manager?
A. To be an effective manager, one must have various skills including leadership, communication, problem-solving, and decision-making abilities. Here are some essential skills every manager should develop some of the core skills that are critical thinking, problem-solving, logical reasoning, etc.
Q. How can I get a job after completing my MBA course?
A. After completing an MBA course, candidates should focus on tasks such as joining the alumni network, building an impressive resume, going for internships, exploring industries along with preparing and attending mock interviews to land their dream job.
Q. What is the role of a Product Manager?
A. A Product Manager identifies the customer’s needs and wants and works with the engineering and the designing team to bring a product to life. They are responsible for the development of new consumer goods, business technologies, software platforms, etc. that people use in their everyday lives.
Q. Can I work in hotel after MBA?
A. Graduates after completing MBA can work in hotels and resorts. There are various roles MBA in HM students can pursue such as, Hotel Manager, Food and Beverage Manager, Sales and Marketing Manager, and HR Manager.
Does the Amrita School of Business, Amrita Vishwa Vidyapeetham- Bangaluru Campus offer good MBA placements?