MBA Salary in India

Who earns more CA or MBA?

A CA’s average salary is around INR 8.06 LPA, whereas an MBA Graduate’s salary ranges between INR 4 to 5 LPA.

Which MBA has the highest salary in India?

MBA in Banking & Financial Services has the highest salary.

Can I do MBA without maths?

Yes, you can pursue the MBA degree after completing 12th Commerce without Maths.

How many types of MBA are there?

You can choose from six main types of MBAs that are full-time MBA, part-time MBA, online MBA, flexible MBA, global MBA, and executive MBA.

What is the qualification for an MBA?

A bachelor’s degree or equivalent (10+2+3) in any discipline from a UGC-accredited university with 50% aggregate



MBA Salary in India

The Average Salary Offered to an MBA Graduate in India is ₹1,19,500 per month, which ranges between ₹30,000 and ₹2,00,000 per month. Additional cash compensation can range from ₹50,000 to ₹90,000 per month, depending on factors such as performance, company, and skills.

The demand for MBAs remains strong in 2024 across companies like the BIG 4, prominent product firms, and startups, as they look for graduates capable of managing diverse areas such as operations, marketing, and human resources. According to the All India Council for Technical Education (AICTE), 3,54,421 + students enrolled for MBA in 3,364 institutions across the country in 2023. for these MBA Graduates, there are a lot of jobs in the job market.

Table of Content

  • MBA Salary Per Month in India
  • MBA Salary in India: Based on Specialization Streams
  • Highest Paying Jobs for MBA Candidates in 2024
  • MBA Salary in India: Experience-wise
  • MBA Salary in India: Company Wise
  • MBA Salary in India: Designation-wise:
  • MBA Salary in India: City-wise
  • MBA Salary in Other Countries
  • Factors Affecting MBA Salary in India

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MBA Salary Per Month in India

The Average monthly salary of an MBA Graduate ranges from ₹30,000 – ₹2,00,000 depending upon your MBA specialization. In 2024, The MBA in finance will be the most demanding MBA specialization offering the highest starting salary to an MBA fresher....

MBA Salary in India: Based on Specialization Streams

These days, you’ll find over 30 MBA specializations in India for post-graduation. Here, we’ll explore the most sought-after MBA specializations, including the job roles they offer and the initial salary for MBA jobs in India....

Highest Paying Jobs for MBA Candidates in 2024

Here are some of the top highest-paying jobs after an MBA for 2024...

MBA Salary in India: Experience-wise

Experience Level Average Salary (₹) Range (₹) Fresher 5-7 lakhs 3-10 lakhs 1-3 years 7-10 lakhs 4-15 lakhs 4-7 years 10-15 lakhs 8-20 lakhs 8+ years 15-20 lakhs 12-30 lakhs...

MBA Salary in India: Company Wise

Company Average Salary (₹) Range (₹) McKinsey & Company 25-30 lakhs 18-35 lakhs Bain & Company 22-27 lakhs 16-32 lakhs BCG 20-25 lakhs 15-30 lakhs Hindustan Unilever 15-20 lakhs 12-25 lakhs ITC 14-18 lakhs 10-22 lakhs Amazon 13-17 lakhs 9-20 lakhs...

MBA Salary in India: Designation-wise

Designation Average Salary (₹) Range (₹) Management Consultant 15-20 lakhs 12-25 lakhs Marketing Manager 12-16 lakhs 8-20 lakhs Finance Manager 13-17 lakhs 10-22 lakhs Operations Manager 11-15 lakhs 8-18 lakhs Business Analyst 10-14 lakhs 7-16 lakhs...

MBA Salary in India: City-wise

City Average Salary (₹) Range (₹) Mumbai 16-20 lakhs 12-25 lakhs Delhi 15-18 lakhs 10-22 lakhs Bangalore 14-17 lakhs 9-20 lakhs Pune 12-15 lakhs 8-18 lakhs Hyderabad 11-14 lakhs 7-16 lakhs...

MBA Salary in Other Countries

Here is the list of Countries that offer good salaries to an MBA graduate:...

Factors Affecting MBA Salary in India

Here are five factors that affect your MBA Salary in India:...

Conclusion

The future of MBA looks promising as industries continue to value the diverse skill sets and strategic thinking that MBA graduates bring to the table. With the evolving business landscape and the rise of technology-driven industries, MBAs are expected to play a crucial role in navigating complexities and driving innovation....

MBA Salary in India – FAQs

Who earns more CA or MBA?...

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