The Master of Business Administration, or MBA, is one of the most sought-after master’s degree programs by students across the globe since it can lead to excellent salary opportunities. Following an MBA, students can make a solid living. Every year, several applicants take the Common Admission Test (CAT). This could be a result of the MBA’s adaptability and range of specialties. For MBA admission 2024, students can seek specializations in Finance, marketing, general management, human resources, entrepreneurship, and other fields.
Thus, if you’re having trouble deciding which MBA job has the best salary, consider the typical post-MBA pay for a variety of specializations.
MBA Admission 2024 is available in a range of specializations with lucrative pay packages. Let’s examine the best MBA jobs in India that pay according to different specializations.
MBA Admission 202: Top Paying Jobs after MBA in India
The highest-paying positions following an MBA are listed below:
Job Profile | Highest Salary |
Investment Banker | INR 40.4 LPA |
Project Manager | INR 26 LPA |
Consultant | INR 22 LPA |
Marketing Manager | INR 23 LPA |
Business Development Manager | INR 15 LPA |
Financial Analyst | INR 10.3 LPA |
HR Manager | INR 18 LPA |
Business Analyst | INR 15 LPA |
Operation Manager | INR 18.6 LPA |
Data Analyst | INR 11.6 LPA |
Sales Manager | INR 14 LPA |
Advertising Manager | INR 19.8 LPA |
Digital Marketing Manager | INR 19.3 LPA |
Brand Management Executive | INR 10.2 LPA |
eCommerce Specialist | INR 10 LPA |
Top-Paying MBA Specializations
There are numerous MBA specialties, each with a distinct emphasis and area of expertise. The three most sought-after MBA specializations are human resources, marketing, and finance. There are, nevertheless, a plethora of additional specialist MBA programs accessible, such as those that concentrate on project management, international business, or information technology.
MBA admission 2024 in finance and consulting are often the most popular ones. Following their MBA, individuals with these skills frequently secure lucrative jobs at prestigious companies and command significant salaries.
Salary following an MBA in Marketing
The average pay for an MBA in marketing is INR 5.4 LPA. The typical starting salary package for an MBA varies from INR 14.25 to 20.43 LPA depending on your level of experience. Given your qualifications and number of years of work, your salary could rise to INR 30 to 45 LPA.
Salary following an MBA in Banking and Finance
A top-tier B-school MBA in finance normally earns INR 83K to 125K a month, with an initial pay of INR 10 to 15 LPA after banking and finance. The maximum pay for an MBA in finance is INR 50 LPA.
Salary following an MBA in Business and Data Analytics
An MBA College student in India may earn between INR 3 and 8 LPA in the first bracket for data analytics. Top data analytics executives can make up to INR 55 LPA in salary.
Salary after an MBA in Operations Management
An individual fresh out of college with an MBA in operation management could make anywhere between INR 4 to 10 LPA. Later on, it could rise to INR 40 LPA.
Salary after an MBA in HR Management
Starting salaries for those with an MBA in HR Management range from INR 4 to 7.1 LPA.
Salary after an MBA in Entrepreneurship
An MBA in Entrepreneurship often pays INR 10 LPA. You can make up to INR 20–30 LPA and have higher development potential if you have an MBA in entrepreneurship. On the other hand, if you decide to launch your own company, you may not make much money at first, but you will eventually be able to make a good living.
In Summary
MBA admission 2024 can help you advance your career more quickly and is a very flexible employment option. An MBA can lead to a respectable salary. It is a lucrative career option following a bachelor’s degree because it is a desirable qualification among MNCs and corporate organizations.
After earning an MBA, companies are eager to pay you a high income, especially if you attend a tier-1 business school like IIMs. It is well known that Tier-1 B-schools only admit the highest CAT scorers and charge exorbitant tuition. However, any reputable B-school can help you land a high-paying MBA job if you concentrate on honing your leadership and management abilities.
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