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Doing A PhD After MBA: Universities, Programs, Benefits

• Updated on  
• Jan 17, 2024

Higher studies often encompass the decision of pursuing a bachelor’s, master’s and then, if you feel like delving deeper into your chosen field, a doctorate degree. When it comes to the vast domain of commerce, a PhD is commonly chosen by those wanting to explore the academic arena. Working professionals don’t usually opt for a PhD given the extensive amount of time it demands and also because it has more academic use. So, if you have recently completed your Master of Business Administration, choosing a PhD might require some thinking to finally arrive at the right decision. This blog aims to elaborate on what a PhD after MBA entails and how it can advance you further in your career journey.

This Blog Includes:

Phd after mba in india, benefits of phd after mba, top phd programs after mba, eligibility, phd after mba abroad – admission process & entrance exams , phd after distance mba, phd after mba in finance, top universities for phd after mba abroad, top countries to study phd after mba, career scope & employment sectors.

Want to pursue PhD after MBA in India? There are colossal benefits of PhD after an MBA that can equip you with a competitive edge in the management and business world as well as the research and professional exposure you need to aim for high-salary managerial profiles in India and abroad. Here’s what you need to know about PhD after MBA in India:

• Eligibility : You must have completed a 2-year MBA degree to apply for PhD in India along with qualifying for UGC-NET or GATE exam to gain admission at top business schools and universities in India.
• Duration : In India, you can complete your PhD after MBA in 3-5 years depending upon the program and university.
• Requirements : For PhD after MBA in India, you must have GATE/ UGC-NET / CSIR-NET scores, a research proposal ready along with letters of recommendation and optional work experience to increase your chances of admission.
• PhD in Management
• PhD in Organizational Behaviour/Management
• PhD in Behavioural Finance
• PhD in Applied Statistics
• PhD in Information Technology/Data Analytics
• PhD in Market Analysis and Research
• Faculty of Management Studies, University of Delhi
• Benaras Hindu University
• Indian Institutes of Management Studies (IIMs)
• Indian Institutes of Technology (IITs)
• National Institute of Management, Calcutta

Also Read: PhD Scholarships in India

As the highest academic degree in theoretical disciplines, a PhD or Doctorate of Philosophy is perfect for those seeking a greater depth of knowledge in a specific area of interest. Going for a PhD after MBA can be beneficial for a plethora of reasons, some of which are given in a rundown below:

• Get a Competitive Edge over MBA
• Master Research Skills and Methodologies
• Inclination Towards Academic Arena
• Chance to Become a Professor
• Become an Academician at Business School

Get a Competitive Edge over MBA with a PhD Though many would tell you that with a PhD after MBA you can only ground yourself in the academic world, this is not the case in reality. If you don’t see yourself fitting the position of a lecturer or a professor, you can explore varied prospects in the corporate sector. A doctoral degree in a business or management specialisation imparts you with a deep-embedded and insightful knowledge of the commercial world. An MBA also gives you a unique and practical glimpse of this domain. The combination of these two can be potentially utilised by opting for the role of a consultant or analyst for entrepreneurial ventures, business giants or even hedge funds and investment-related firms.

Master Research Skills and Methodologies To begin with, a PhD is research-extensive by nature and demands individuals to submit their original thesis to conclude this degree. It challenges scholars to break away from the limited amount of knowledge of their field and delve deeper into whichever specialization they have chosen to study. So, a PhD after an MBA would importantly require you to be passionate about research, have an innate curiosity towards your field and be ready to devote yourself for a longer period of time to your thesis.

Inclination Towards Academic Arena Another reason why many graduates aspire for a PhD after MBA is when they are planning to make a career as an academician . Since one needs to exhaust many years to this degree, you can pursue the profile of an assistant professor at the university itself while getting mentored for your research thesis. Further, by completing a PhD, you would be deemed eligible for the position of a professor at an academic institution though some universities or colleges might demand you to qualify for a teaching exam.

The average duration of PhD after MBA is approximately 5-7 years where the 1st year is more theoretical but from the beginning of the second year, you can pick specializations as per your choice. In Business and Management, there is an array of specialised PhD courses that one can choose from. Here are the top specialisations to pursue PhD after MBA:

• PhD in Entrepreneurship
• PhD in Commerce
• PhD in Accounting
• PhD in Economics
• PhD in Commercial Law
• PhD in Human Resource Management
• PhD in Operational Research
• PhD in Marketing
• PhD in Healthcare and Management
• PhD in Organizational Behaviour
• PhD in Finance
• PhD in Chemistry
• PhD in Computer Science
• PhD in Engineering
• PhD in Political Science
• PhD in Education
• PhD in Statistics
• PhD in Psychology

Though the specific prerequisites might vary from one university to another, there are some general criteria for PhD after MBA or any other postgraduate program that every candidate needs to fulfil. The primary requirement is that of a master’s degree in the related discipline (from a recognised institution) in which one is applying for a doctoral degree, if you are applying for a PhD in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, amongst others. Along with these, you will be required to submit the following documents:

• GATE/CSIR-NET/UGC-NET Scores for Indian universities
• Research Proposal
• Letters of Recommendation (Academic and/or Professional)
• GRE, English proficiency test scores such as IELTS , TOEFL , etc. and SOP and LOR s to apply for PhD after MBA abroad
• An Updated Resume or CV
• Academic Transcripts

If you are planning to pursue PhD after MBA from abroad then the following points will guide you through the application process and entrance exams: 

• The application process for global universities is very different from Indian universities. You don’t have to give any entrance exam to pursue a PhD after MBA from abroad, rather, you need to submit a GMAT / GRE score. 
• LORs, SOPs and previous projects and research work matter a lot when you are looking to pursue PhD abroad. They make your profile strong and increase the chances of getting selected. 
• Most universities have a 3-5% acceptance rate for PhD programs. Thus, it is essential to make your application strong, if you need any help regarding the same, get in touch with Leverage Edu experts.
• The PhD curriculum more or less remains the same, you need to work on your thesis and submit it in the provided duration to complete your PhD after MBA.

Also Read: How to Get PhD Funding?

Yes, it is possible to apply for PhD after distance MBA but if you are aiming for a doctoral course, you must pursue your MBA from a UGC-accredited university or college. To apply for a PhD after a Distance MBA, you must be able to provide valid transcripts as well as mark sheets from your MBA thus it is essential to check the certification of the institution before studying for an MBA.

MBA in Finance professionals often opts for a PhD to pursue a career in research or academia. Finance is one of the most popular specialisations for PhD after MBA and students can choose from various subjects like Financial Management, Financial Analysis, Financial Modelling, etc. To pursue PhD in Finance in India, you will have to qualify for UGC NET , NMIMS or NIPER JEE while you will have to qualify GRE for universities abroad. Let’s take a look at the universities for PhD after MBA in Finance:

• Indian Institute of Foreign Trade , New Delhi
• National Institute of Technology, Silchar
• Department of Management Studies-IIT Madras
• Alliance School of Business, Bangalore
• Ahmedabad University
• Shailesh J. Mehta School of Management

Here are the major careers for PhD after MBA in Finance:

• Statistician
• Financial Analyst
• Chartered Financial Analyst
• Stock Broker
• Budget Analyst
• Financial Researcher

Numerous renowned business schools and universities across the globe offer specialised PhD programs in varied fields of Business, Commerce and Management. To help you further in your research, we have listed down some of the major academic institutions that are internationally popular for their offered specialised courses for those aspiring to pursue a PhD after MBA:

Many study destinations like the UK, USA, Australia and Canada are renowned for their research doctoral courses so selecting the right country to study PhD is an important decision you must carefully take. Let’s take a look at the top countries to study PhD after MBA and their popular research universities:

PhD after MBA in the UK

Here are the major universities to study PhD in the UK:

• University of Bradford
• SOAS University of London
• Cardiff Metropolitan University
• University of Birmingham
• Queen’s University Belfast
• University of Kent
• Hult International Business School

Also Read: PhD Scholarships in the UK

PhD after MBA in the USA

Popular for its STEM courses as well as top-ranked business schools, the top universities for PhD in the USA are:

• Harvard University
• Stanford University
• University of California, Berkeley
• University of Columbia
• University of Wisconsin
• Cornell University
• Kellogg School of Management

PhD after MBA in Canada

Canada is another renowned destination for PhD programs and offers a plethora of specialisations in business and management. Here are the popular universities for PhD in Canada :

• University of Toronto
• University of British Columbia
• McGill University
• McMaster University
• University of Montreal
• University of Alberta
• University of Ottawa
• University of Calgary

Also Read: PhD in Canada with Scholarship

PhD after MBA in Australia

The land of Kiwis is internationally lauded for its focus on research education and high-ranked entrepreneurial programs. Check out the top universities for PhD in Australia :

• The University of Queensland  
• The University of Western Australia  
• University of Wollongong 
• Queensland University of Technology  
• Swinburne University of Technology  
• University of Tasmania 
• University of Sydney

PhD after MBA in New Zealand

If you are looking for affordable PhD courses after completing MBA, New Zealand is the best place for you. Take a look at the popular universities for PhD in New Zealand :

• The University of Otago
• University of Canterbury
• Lincoln University
• The University of Auckland
• Victoria University of Wellington

Adding the renowned academic degree of PhD to your list of qualifications, there are a plethora of career opportunities awaiting you. Since a doctoral degree in business-related disciplines provides you with an insightful acumen into the commercial arena, you will be equipped with the knowledge of data analysis and business trends and organisational problems. Further, you will be skilled with research methods such as econometrics, experimental methods, field studies, modelling etc. So, with a PhD after MBA, you will not only be a perfect candidate for academic profiles but you can also explore plentiful prospects in the corporate world.

Here are the top job profiles you can explore after pursuing PhD after MBA:

• Research Analyst
• Business Analyst
• Management Consultant
• Business Development Consultant
• Entrepreneur
• Professor /Lecturer
• Academician
• Chief Financial Officer (CFO)
• Chief Executive Officer (CEO)

The salary of PhD after MBA in India is somewhere between INR 7 Lakhs to 17 Lakhs per annum depending upon whether you work in the corporate sector or explore the academic domain working as a lecturer or academician.

We have elucidated upon the major employment sector for graduates with a PhD in Management and Commerce-related specialisations below:

Teaching The most popular career path post a PhD is that of becoming a professor. Most PhDs in business or management pursue it in the first place to pursue a career in academics. Further, most of the research universities prefer to hire PhDs as business school professors. If you are aiming to become a part of a prestigious academic institution or especially Ivy League school, you should definitely go for a PhD after MBA because this striking combination coupled with a few years of professional experience can make you an ideal candidate for the position of a university professor or lecturer at a business school. To give a rough statistical description, nearly 80% of business ‘PhD after MBA’ graduates become faculty members at business schools, and roughly 20% take jobs in the industry.

Research A PhD is quite a data-driven degree and involves extensive analysis and in-depth assessment as it constitutes submission of a research thesis as its incremental element. If you have been planning to pursue a career in research , an MBA is more of a professional route to take but combining it with a PhD might give you knowledge of both corporate as well as the research world. Getting a taste of both these areas, you can further enter the research sector with a versatile skill set which will prove extremely useful in carrying out path-breaking case studies and contributions with the potential of bringing the commercial industry in a newer light.

Corporate Sector As a common myth, you might be told that a doctorate degree is of no use in the professional world, but it is quite the opposite as a PhD after MBA can furnish you with the quintessential business acumen to fit the role of business consultant and analyst. As many doctoral scholars move further to become professors or researchers, only a small proportion of their heads towards the industry. As this degree provides aspirants with the understanding of employing PhDs to derive wisdom from their theoretical and unique methodologies for analysis, which when combined with the pragmatic training obtained during the MBA, marks for a marvellous body of knowledge. You can explore varied prospects in entrepreneurship ventures as well as companies like SEC, JP Morgan Chase, McKinsey and Morgan Stanley which are known to hire PhDs frequently.

Anyone with an MBA degree can pursue a PhD. In fact, it’s a good idea to do PhD after MBA if you are interested in exploring the arena of academics or research and you can also pursue opportunities in consulting firms in the corporate sector. Also, the top B-Schools such as Columbia University, Yale University, Harvard University, INSEAD, and London Business School have most professors with a PhD degree. So, if you aim to teach at top business schools in the world, pursuing PhD after MBA is indeed a good decision.

The exact duration of PhD depends on the specialization as well as the university, the fact whether it’s part-time or full-time, and other factors. Doing a PhD after MBA usually takes 4-5 years but relying upon varied factors, be it your chosen course or institution, it can take less than 3 years and as long as 7-8 years to complete.

Yes. You can do a PhD in Psychology after MBA. However, you will need 55% marks in your MBA discipline to qualify for a PhD in Psychology after MBA.

A PhD in Business is often referred to as a DBA (Doctor of Business Administration) which is usually considered as the sequel of the MBA and is the highest form of management degree. Pursuing a doctorate in Business or its related specializations would provide you with an enhanced insight into the commercial arena after which you can target higher-level career profiles ranging from a business analyst to a consultant or you can pursue academic positions which is another beneficial route to take.

The essential prerequisite for a PhD is to have a master’s degree along with the minimum marks specified by the academic institution you are applying for. With an MBA, you are eligible to pursue a PhD in commerce-related disciplines while opting for a doctorate in other domains might depend on the criteria provided by the particular university.

The answer to this question is explained well in the points given below: 1. Yes, you can do PhD after a distance MBA 2. Your degree must be from a UGC-recognized institution 3. The application process remains the same as for the regular degree holders 4. Make sure you meet all the eligibility requirements 5. Some universities prefer candidates with regular MBA degrees.

Going for a PhD after MBA will equip you with one of the best educational combinations in the world. It might not be the easiest of programs to pursue but the benefits are going to be fruitful for your professional journey. If you are planning to pursue a doctoral degree and don’t know how to go about it, sign up for a 30-minute career counselling session with our experienced team of mentors and experts at Leverage Edu and we’ll guide through the process of choosing the right PhD program and university that fits your interests and aspirations and can provide you with extensive exposure and opportunities to soar ahead in your career.Call us immediately at 1800 57 2000 for a free 30-minute counselling session.

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14 comments

I like your article great content. Thank you

Hi Akash, we are glad to know that you liked our blog. If you need any further assistance regarding the admission process to any PhD course abroad, get in touch with our experts and we will help you build an awesome career.

Great post.

We are glad to know that you liked our work! Don’t forget to share it with your friends who are looking for PhD courses after MBA.

I have done MBA. My specialization is marketing (major) & human resource(minor).I want to know which specialization should I choose for PhD or Can I choose other specialization like social work, political science,etc.

Hi Abhishek, to know which PhD specialization would suit you the best, reach out to our experts at – 88262 00293. You can also register for a free career counselling here – https://leverageedu.com/admissions/study-abroad-admission/ .

Nice blog thanks for sharing.

Hi Thomas, thanks for your feedback! Check out our blog on PhD entrance exams to know more about the ways for pursuing this course – https://leverageedu.com/blog/phd-entrance-exams/ .

Very good article. In my opinion, having a PhD will make you more likely to earn a higher salary over someone with just a Master’s degree. Nowadays more professionals are doing PhD research programs for a better career.

Thank you for the feedback and for sharing your opinion, Rohan!

Thank you very much for your elaboration on Ph.D. after MBA. I would like to know which specializations are available here in the USA.. Thank you.

Hi George, To know about the specializations of your choice, get in contact with our experts at 1800572000.

Hello I’m Amir I done MBA 3.5year and I want to study PhD directly after MBA can u guide me forther I continue which subjects

Hi Amir, To get our profile evaluated for pursuing a PhD after MBA, give us a call on 1800572000 and our experts will guide you about the same.

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PhD After MBA in India: A Comprehensive Guide

Are you considering pursuing a Ph.D. after completing your MBA in India? This comprehensive guide will provide you with all the essential information you need to know about this dynamic and rewarding academic path. From eligibility criteria to career scope, we will delve into the details of pursuing a Ph.D. after an MBA in India.

PhD After MBA: Understanding the Basics

Eligibility and duration.

• Typically, you need a 2-year MBA degree and must qualify in exams like UGC-NET or GATE to be eligible for a Ph.D. after an MBA in India.
• The duration of a Ph.D. after an MBA program in India usually spans around 5 years, while it can vary from 4 to 7 years if pursued abroad.
• This extended duration allows for in-depth research and specialization in your chosen field.

Specializations and Colleges

• Ph.D. after MBA offers various specializations such as Finance, Marketing, Operations Management, and Human Resource Management.
• Top institutions like FMS New Delhi, BHU, IIMs, and IITs are renowned for their Ph.D. programs after MBA.
• Choosing the right specialization and institution is crucial for shaping your research focus and academic journey.

PhD After MBA: The Application Process

Requirements.

• Apart from the minimum qualifying scores, applicants are often required to submit a detailed research proposal outlining their intended research area.
• Letters of recommendation from academic or professional references are also a crucial component of the application.
• Demonstrating relevant work experience can further enhance your chances of admission to prestigious MBA colleges.
• Strong application materials are essential for standing out in the competitive selection process.

Also Read: Is UGC-NET Mandatory for PhD Programs in India?

Why PhD after an MBA? 

Skill development.

• A Ph.D. after an MBA not only enhances your academic credentials but also helps in developing a diverse set of skills that are invaluable in today’s competitive job market.
• Research skills, critical thinking, problem-solving abilities, and effective communication are honed through the rigorous research and academic writing involved in a Ph.D. program after an MBA.

Career Advancement

• With a Ph.D. after an MBA, you can explore high-level positions in academia, research institutions, and corporate organizations, offering a fulfilling and intellectually stimulating career path.
• This advanced degree opens doors to leadership roles, consultancy opportunities, and specialized positions that require a deep understanding of business theories and practices.

 PhD After MBA : Career Scope

• A Ph.D. after an MBA opens up a plethora of opportunities in teaching and research professions.
• The average salary for individuals with a Ph.D. after an MBA in India ranges from INR 2,00,000 to INR 14,00,000, with top recruiters including companies like Morgan Stanley, Microsoft, KPMG, and Deloitte.
• The combination of practical MBA knowledge and research-oriented Ph.D. expertise makes you a valuable asset in various industries.

In conclusion, pursuing a Ph.D. after an MBA in India is a rewarding and intellectually enriching journey that opens up a world of opportunities in various sectors. From specialized knowledge to career advancement, this academic pursuit equips you with the skills and expertise needed to excel in the dynamic business landscape of today.

Whether you aspire to delve into academia, research, or corporate leadership, a Ph.D. after an MBA can be the stepping stone towards achieving your professional goals and making a significant impact in the business world.

Remember, the journey of pursuing a Ph.D. after an MBA is not just about acquiring a degree; it’s about embracing a lifelong commitment to learning, growth, and innovation in the field of business and management.

So, if you are passionate about expanding your horizons, contributing to knowledge creation, and shaping the future of business, consider embarking on this exciting academic adventure of pursuing a Ph.D. after an MBA in India.

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MBA Salary in India 2024: Freshers Salary, Specialization-wise Salary, Average, Highest Package

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MBA salary in India is between 7 LPA to 12 LPA for 2024. The average MBA salary in India per month ranges from Rs. 40,000 to 1,00,000 lakh depending on the industry and experience. Top MBA colleges in India like IIMs provide jobs after MBA and salary ranging from 70 lakhs to 1 crore. Read this article to know in detail about the MBA full form salary, jobs after MBA, MBA average package, MBA highest salary in India, etc.

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MBA Salary in India

Top job sectors after completing mba, factors determining the starting mba salary in india, types of mba and starting mba salary in india, mba salary per month in india, starting mba job salary in india- specialisation-wise breakup, mba starting salary in india, mba salary in india: experience-wise, mba salary in india: location-wise, mba salary in india - iims and top b-schools, mba after jobs and salary: top skills for high mba salary in india, popular cities offering the best jobs after mba, admissions into mba programs.

The common question on the internet is: What is the salary of MBA in India per month? The average salary for MBA in India per month is 90,000 to 1 lakh and annual MBA salary in India as per the pay scale, is Rs 7.71 lakhs. The top B-schools in India offer very good placements with high salary packages, and this is one of the reasons why so many students opt for MBA courses every year.

The highest MBA degree salary in India is provided for the MBA specialisation in finance, marketing, general management, business analytics, and entrepreneurship. With industries changing rapidly, the scope for MBA professionals has undergone a radical shift. On average, the highest-paying jobs after MBA in India offer a salary of upto Rs. 32,00,000 per annum, depending on the domain and specialisation chosen by the candidate.

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There are numerous scope for MBA graduates in India in various sectors. Before taking MBA admission candidates should choose specialization for the same as per their interest and career goals. Check out some of the top job sectors after the completion of an MBA in India.

• Banking and Finance- In this sector jobs are available with banks and associated with commercial banking, investment analysis, portfolio management, transaction banking liabilities management, and data security.
• Data Analytics- This profile can fetch jobs in the banking, e-commerce, and retail sector.
• Entrepreneurship- It is one of the most desired streams, that equips the candidate to start their own venture.
• Information system management- Post completion of MBA in Information system candidates can get the profile of Cybersecurity Analyst, Data Scientist, Data Analyst, Database etc.
• Work Experience- Having work experience prior to joining the MBA course gives an advantage to such candidates at the time of placement. If an experienced or non-experience candidate got a job in the same organization, the MBA salary of a candidate who has prior work experience is superior.
• MBA specialisation opted by the candidate- MBA course is offered under various specialization amongst which popular ones are sales and marketing, consulting, human resource, finance, operations and international business, and IT and Systems. As per previous year placement reports the highest CTC offered to those candidates who opted Finance as MBA specializations.
• MBA college- One of the major factor is from which college or B-school he or she have completed their MBA course. The average MBA salary in IIMs stands between Rs 8 LPA to Rs 28 LPA.

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BIMTECH PGDM 2024

AACSB Accredited | Highest CTC 23.43 LPA

After MBA jobs and salary will differ based on the designation. Check out below the MBA placement salary in India and its type.

Know all about MBA

Before or while pursuing an MBA programme, students usually search for MBA full form salary per month or in general what is the MBA in hospital management salary per month as per their MBA specialisation. Check out the breakdown of the monthly MBA placement salary for graduates.

The types of jobs for which you will be eligible in the future will be determined by your MBA specialisation. So, it is necessary to know the MBA scope and salary. The majority of the students are selected from marketing, followed by the finance specialisation. So, choosing the right MBA specialisation will enhance your resume and the scope of employment and MBA salary in India. Choosing the best MBA specialisation is mandatory, as employers recruit employees based on their specialised skills as well. Check the MBA salary in India stream wise:

MBA Average Salary in India as per specialisation

*- The salaries are quoted as per payscale.com.

MBA Finance Salary in India

An MBA in Finance is one of the most popular options for an individual looking forward to a postgraduate degree. A graduate with a specialisation in Finance will be responsible to analyse the company’s reports, how to maximise the stock values, forecast economic trends, balance risk and profitability, and at last investment portfolio management. Know the average MBA finance salary in India offered to individuals in the finance sector:

Average MBA Finance Salary

Mba in hr salary in india.

As the number of employees increases, so does the requirement for personnel to manage their activities. Due to the cited reason, MBA in HR has gained traction across all verticals. The requirement of an MBA in HR professionals can be seen across all the industry domains and is expected to rise further. Check out the average MBA salary in India for various levels of HR roles:

Average Salary for MBA in HR

Mba in information technology salary in india.

Students studying an MBA in Information Technology Management are structured to train and produce managers who can effectively handle the planning, design, selection, implementation, use, and management of current and parallel information and communication technologies. Check out the average MBA degree salary in India for IT profiles:

MBA IT Salary in India

Mba logistics management salary in india.

Logistics management is a significant part of supply chain management, which deals with planning, implementing, controlling the flow, storage of goods and services between the point of origin and point of consumption. Know the average MBA salary in India for logistics management profiles:

Salary in MBA Logistics in India

Mba marketing salary in india.

An MBA in marketing can help you get a job promotion and qualify for management and executive positions in your current company. Since postgraduate business programmes emphasize developing leadership and communication skills, graduates can advance to marketing positions with great ease.

Whether you are interested in sales, business development, media and entertainment, advertisement, brand management, or even general management, these skills form the heart of any senior-level role. Top institutes offering an MBA in marketing are and good MBA placement salary are: IIM Bangalore, IIM Calcutta, IIM Ahmedabad, XLRI Jamshedpur, IMT Ghaziabad, and Indian School of Business Hyderabad. Some of the top recruiters for an MBA in marketing are Vodafone, Amazon, Samsung, Hindustan Unilever, and Flipkart.

Salary in MBA Marketing Management

• BBA Salary in India
• What After MBA

In India as far as the MBA starting salary in India is Rs 24 lakh per annum onwards. Candidates who are pursuing MBA specialization in finance, marketing, data analytics, and HR can expect that much MBA salary in India. Here we have provided the average placement salary of the top B-schools in India.

MBA salary with experience for graduates is higher than those of freshers. The MBA salary in India as per the experience of individuals is based on an evaluation of average salaries in various fields. Here are the details about MBA salary in India for experienced.

MBA Placement Salary in India

Given below is an average figure for MBA salary in India offered in multiple fields based on the experience level of an individual.

• MBA starting salary in India per month with 1-4 years experience in India: With 1-4 years of experience, the MBA salary in India can reach up to Rs. 4,00,000 per annum and more.
• MBA salary after 5 years in India: The average MBA salary in India after 5 years of experience is somewhere near about Rs. 8,00,000 per annum.
• MBA 10 Years experience salary in India: The average salary of an MBA graduate with over 10 years of experience in India is Rs. 14,00,000 per annum.

Note- These are just the estimated salary after MBA. The actual figures vary company-wise and by considering other factors too.

MBA Salary for Freshers

Check the MBA salary in India for freshers for various designations from the table below:

Resource Links for Online MBA

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The range of MBA salary in India is influenced by location, specialisation, market trends and demand. The MBA salary in Indian cities vary from each other to a certain extent. MBA aspirants living in different parts of the country can check the range of highest, lowest and average MBA salary in Indian cities given below.

Location-wise MBA finance salary in India

Location-wise mba marketing salary in india.

Source: in.jooble.org

Check out the after-MBA salary in India offered by top B-schools and management institutions like IIMs.

Salary After MBA From IIMs

IIM MBA Graduate Salary in India is considered the highest MBA salary of MBA in India. The Indian Institute of Management offers the highest MBA package in India up to 1 crore. Check out the MBA highest salary in India offered by IIMs given below:

MBA Package in India By Top B-Schools

The average placement MBA marketing salaries for some of the top business schools in the country are as follows:

* These are the approximate figures. The actual numbers may vary.

MBA Salary in India at Top Institutes

1. interpersonal skills.

Interpersonal skills are, of course, essential for anyone in a leadership role. These can really make the difference between success and failure, be it with clients, peers, or those you’re managing. And let’s not forget, lacking such skills will seriously impede your ability to engage in that all-important networking—no one’s going to share the hottest new opportunity with you if you can’t engage with them.

2. Strategic thinking

Strategic thinking is a cornerstone of the MBA salary; one of the main intended outcomes of the degree has always been to help you move from a functional role to a ‘big picture’ one. Are you able to see the future of an organisation and how it’s going to get there, factoring in the agility to deal with competitors and market forces? If so, you will find yourself much in demand with top MBA employers.

3. Entrepreneurial skills

Entrepreneurial skills are the ability to spot a gap in the market, judgement enough to know whether it’s worth filling, and creativity and technical understanding, if not ability, to do so can be invaluable to a dynamic organisation with designs on growth. And remember, not every example of entrepreneurship needs to change the world.

4. Communication skills

Being able to communicate up, down, and across is essential in any management position. Communication skills are an area in which employers have often found candidates somewhat lacking. Luckily, this is also a skill set that an MBA will help you to foster, with working in diverse groups and all its concomitant challenges playing a significant role in MBA learning.

5. Leadership Skills

A good manager will possess leadership skills to facilitate the carrying out of functional roles by his or her subordinates—not an easy undertaking by any means. However, a good leader will inspire those who work with them and around them, make them feel valued, and give the whole undertaking a sense of direction. Notably, this was the skill surveyed: top MBA employers were most satisfied that MBAs possessed.

The city in which we choose to work plays a major role in our professional life. The cities that offer the best opportunities for an MBA graduate are:

• Gurgaon, Haryana
• Bangalore, Karnataka
• Pune, Maharashtra
• Mumbai, Maharashtra
• Chennai, Tamil Nadu
• In order to take admission into MBA programs, candidates should have completed their graduation with at least 50 percent marks in total aggregate from a recognized institution.
• Some of the top B-schools also consider the scores of national or state level MBA entrance exam such as CAT, XAT, MAT, and GMAT for MBA admission.
• Top B-schools in India admit students to different MBA programs such as MBA in marketing, MBA in finance, MBA in entrepreneurship, MBA in business analytics, MBA in IT & Systems etc.

B-School Accepting CAT Scores - Location-wise

Frequently Asked Question (FAQs)

The salary of an MBA after completion course varies as per the specalisation taken and the experience of the candidates. A detailed table has been provided in this article regarding the same. 

The last year placements for IIM MBA were tremendous, and they ranged from the highest salary of around 1 Cr to a minimum salary of 18 LPA.

MBA salary in India ranges from 7 LPA to 12 LPA for various MBA specialisations. The MBA average salary in India was Rs 7.71 LPA.

Currently, Business Analytics stands as the most lucrative MBA specialization and have the highest starting MBA salary per month in India. Pursuing an MBA in Business Analytics entails a methodical examination of data with the aim of deriving sound conclusions and making informed choices.

The median income of a Chartered Accountant (CA) significantly surpasses that of an MBA graduate. CA Vs MBA salary is approximately INR 8.06 LPA, whereas an MBA graduate typically earns between INR 4 LPA and 5 LPA on average.

Elevated remunerations for MBA professionals stem from their prized education, extensive expertise, and specialized proficiencies. Furthermore, MBA programs boast well-established affiliations with premier corporations, which result in lucrative employment prospects.

The average salary for an MBA fresher is Rs 46,000+ per month in India. The average cash compensation of a MBA fresher in India ranges from Rs 22,000 - Rs 25,000/-.

Yes, those who are pursuing or willing to pursue General MBA from a top business school can lead their path for aspiring CEOs.

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Questions related to CAT

Getting admission to an IIM without taking the CAT is possible through alternative routes such as:

1. Executive MBA (PGPX,EPGP,ect .)  : Many IIMs offer Executive MBA programs for experienced professionals, which may require GMAT scores instead of CAT .

2.Integrated programs: Some IIMs offer integrated programs like IPM (Integrated Program in Management), where admission cab be based on entrance exams other than CAT.

3.Doctoral programs (Ph.D.): Some IIMs accept GMAT/GRE scores for their doctoral programs .

4. Specialized Courses: IIMs offer various short-term and ccertificate programs that don't require CAT scores.

Check the specific IIM websites for detailed admission criteria and processes for these programs .

The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.

To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.

https://bschool.careers360.com/articles/cat-2024

Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.

GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.

Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.

Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.

You can check the colleges you are eligible for using the below link.

https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp

Hello Aspirant Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT 1)Great Lakes, Chennai 2)IRMA 3) Goa Institute of Management 4) NIBM 5) TAPMI Do your research about these colleges as to what is their average package, the roles offered. Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.

Popular CAT Questions

1-radian measures 60 0 . (True/False)

$111111^2$ = 

123456654321

12345654321

111111 2  =___________ 

 123456654321

159702 is divisible by

1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

What best can be said about the number of satellites serving C? 

Must be between 450 and 725 

Cannot be more than 800   

Must be between 400 and 800 

Must be at least 100 

What is the minimum possible number of satellites serving B exclusively? 

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

At most 475 

Exactly 475   

At least 475 

No conclusion is possible based on the given information 

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

The number of satellites serving C cannot be uniquely determined 

The number of satellites serving B is more than 1000   

All 1600 satellites serve B or C or S 

The number of satellites serving B exclusively is exactly 250 

2839155 is divisible by

None of the above

Explore Career Options (By Industry)

Marketing director.

A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services. 

Business Development Executive

Business development executives strive to achieve maximum output with minimum input. If you are good at understanding and convincing people, the career as a business development executive can be enjoyable for you. Business development executives are candidates who have been transferred to the sales from other departments. In general, Business development executives are promoted to a management position. There are plenty of work openings throughout the profession because every company requires Business development executives.

Content Marketing Specialist

Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.

Sales Manager

The sales manager's career is an interdependent career that requires the contribution of other departments of the organisation to function effectively. A sales manager has to multitask and provide guidance to the salesperson to improve his or her targets. An Individual who opts for a career as a sales manager supervises the sales representatives and organises training for sales representatives to increase work efficiency. Hence, it increases sales.

Business Analyst

Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes. Students can visit the Great Lakes Institute of Management , Jamnalal Bajaj Institute of Management Studies to study Business Analytics courses. Business analyst jobs are usually done to help the company make more money, solve existing business problems and achieve its goals.

Marketing Manager

A marketing manager comforts public anxiety and dissatisfaction through announcements and commercials, guaranteeing the credibility of the organisation escapes inadequacies. He or she works with other team members to produce advertising campaigns that are both simple and complex. A marketing manager decides if a new product or service is marketable. 

Students can opt for an MBA in Finance or an MBA in Digital Marketing Management to be a marketing manager. He or she evaluates the public interest level with respect to a new product or service. A marketing manager is appointed to encourage buyers to buy products from the firm and to increase awareness of the brand through marketing strategies.

SEO Analyst

An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns. 

Digital Marketing Executive

Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.

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• Abroad PhD , Study Abroad

The Key Differences between Pursuing a PhD in India and Abroad

• Published on May 4, 2023

Pursuing a PhD is a significant academic achievement that requires a considerable amount of time, effort, skills, hard work and dedication. While some students choose to pursue their doctoral degree in their home country such as India in our case, others may opt to explore opportunities abroad. However, there are several differences between pursuing a PhD in India and abroad, from the admission process to the curriculum and research culture. In this article, we will go deep into the various aspects of an Abroad PhD and a PhD in India, highlighting the differences between the two in this article. 

Table of Contents

• 1 Admission Process:
• 2 Research Funding:
• 3 Duration of PhD:
• 4 Curriculum and Coursework:
• 5 Research Culture:
• 6 Career Opportunities:

Admission Process:

In India, admission to a PhD program typically involves clearing an entrance exam conducted by National Test Agency (NTA) and an interview. This exam makes students eligible for pursuing PhD in India. This is not the only way to get enrolled in the PhD programme in India, there are other National entrance exams for PhD in India as well through which anyone can get admission in the PhD programme in India (Example: GATE).

However, admission to a PhD program abroad is generally more competitive and may involve a variety of criteria such as academic records, research experience, recommendation letters, statement of purpose (SOP), and standardized test scores such as GRE, TOEFL or IELTS to evaluate English speaking, listening, and writing skills.

Research Funding:

PhD in Indian universities are often funded by the government or universities, and students may also receive a monthly stipend through different private scholarships. Central Government scholarships can be availed directly through the JRF (Junior Research Fellowship) programme.

However, PhD programs abroad are usually not funded by the government, and students are often required to secure their own funding through scholarships, grants or fellowships. Abroad PhD can be Partially or Fully funded. Students can get a direct fellowship from their enrolled university or Supervisor fund. 

Duration of PhD:

PhD in Indian universities typically takes between 3 to 5 years to complete. First-year of the Indian PhD programme is known as Pre-PhD, in this period usually students go through research coursework and other skill development courses essential for their research. After that, the duration of the PhD programme depends on the student and supervisor. 

However, PhD programs abroad may take longer, and the duration can vary depending on the field of study, the research topic, and the country of study. Sometimes the duration of an Abroad PhD purely depends on the funding period, which means for how many years the PhD candidate is getting funding for his/her research. 

Curriculum and Coursework:

PhD in Indian universities are generally required to complete coursework in addition to their research work. However, in many countries abroad, such as the United States, students may not be required to complete coursework and can focus solely on their research. 

Research Culture:

PhD in Indian universities place more emphasis on coursework and examinations. PhD programs abroad often have a more research-focused culture, with greater emphasis on independent research and publication. Research culture can vary depending on the institution.

Career Opportunities:

Completing a PhD abroad can open up a more comprehensive range of career opportunities, both in India and abroad. PhD graduates from reputable international universities have better job prospects and higher salaries compared to graduates of Indian universities. 

The decision of pursuing a PhD in India or abroad requires careful consideration of various factors such as the admission process, research funding, duration, curriculum, and career opportunities. While pursuing a PhD in India is more accessible due to government-funded scholarships and a structured academic curriculum, studying abroad may offer better career prospects and a more research-focused culture. Ultimately, the choice depends on individual preferences, resources, and aspirations. Whatever the choice may be, pursuing a PhD is a commendable achievement that can open up new dimensions and opportunities in the academic and professional world.

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Home  >  News & Articles  >  MBA Salary In India: Per Month, Average, Highest, Specialization Wise Salary

Mayank Mishra

Updated on 09th January, 2024 , 3 min read

MBA Salary In India: Per Month, Average, Highest, Specialization Wise Salary

MBA Salary in India ranges from INR 7, 00, 000 – INR 12, 00, 000 per year for various programs. The MBA Average Salary in India is INR 7,71,801. MBA in one of the most well-paid PG courses. Thereafter, one who graduates the course will be able to get various jobs with a hefty amount of salary.

The MBA in Finance Salary varies from INR 4 LPA - to INR 10 LPA. The highest salary in this field is INR 10 LPA. Moreover, to know about the complete details about MBA Salary in India, read the full article below.

Related Articles: -

MBA Salary: Specialisation Wise

The below-mentioned table explains the details about MBA specialization wise salary:-

People Also Read:

MBA Salary: Experience Wise

The experience-wise MBA Salary is mentioned in the tabular format below:-

All about MBA: 

MBA Salary in India: From IIM

IIMs always rank among the top MBA universities globally due to their quality of education and technology-driven training. Here's the list of the top IIMs and their average MBA Salary in India:-

Starting MBA Salary: Types of MBA

Highest mba salary in india: top colleges, mba finance salary.

MBA in Finance Salary averages from INR 4 – INR 10 LPA. One who graduates with the course will be able to bag the jobs mentioned below:-

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Frequently Asked Questions

What is mba salary per month.

Ans. The MBA Salary per month varies from INR 45, 000 - INR 50, 000.

What is MBA starting salary?

Ans. MBA salary in India ranges from INR 7,00,000 to INR 12,00,000 per year for various MBA programmes. The average MBA salary in India in 2021, according to payscale, was INR 7,71,801. MBA is the one of the most well-paid postgraduate courses. Also Read: Best MBA Specializations with high paying jobs in India.

Who earn more CA or MBA?

Ans. An MBA pays substantially less on average than a CA does. An average CA makes about INR 8.06 LPA, but an average MBA graduate makes between INR 4 and 5 LPA.

Which MBA pays high salary?

Ans. One of the highest-paying MBA specialisations is finance. Everything revolves around finance management-related subjects such as resource management, pricing, investment, asset management, and financial planning.

Does doing an MBA assure a high salary?

Ans. MBA is one of the most popular courses worldwide and one reason for that is the high salary packages that the degree offers. So yes, an MBA degree gives you a high salary package, provided that you do it from a good college with good placement services.

What is the salary after completing an MBA?

The starting salary after an MBA degree might be between INR 8-15 lac per annum. The salary also varies across the different MBA specialisations.

Which MBA specialization gives the highest salary?

Ans. MBA in General Management, Operations, Finance, Business Analytics, and Marketing are among the highest paying MBA specialisations.

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PhD Salary In India

A PhD or Doctor of Philosophy is the highest academic degree a person can receive after completing a course of study. The word “PhD” comes from the Latin phrase “Philosophiae Doctor” and refers to a competition of solitary research in a particular area of interest. A PhD can take up to 3 Years to complete, with a maximum of 6 Years. A doctorate in research opens doors to a variety of opportunities. Greater employment opportunities are one of the factors that motivate people to pursue PhDs in their chosen fields. 

According to a 2019 study from the All India Survey of Higher Education (AISHE), the number of PhDs awarded has increased by 60% over the previous five years. In 2019-20, the total number of admissions rose from 1,24,451 to 2,02,5520. The PhD Salary in India varies depending on the various professional options one can choose after obtaining a PhD in a certain field. 

The students keen to apply for PhD programmes are interested in learning about PhD salaries in India in 2023. The given article will help aspirants to learn the salaries for various professions depending on various PhD career alternatives, as well as the PhD Professor salaries in India.

Read about University Grant Commission in the linked article.

Job Opportunities Post PhD

According to their knowledge and interests, students can choose the speciality in which they want to do research. Entrance exams, like the CSIR UGC NET, IIT JAM, and NPAT, are used to get admission to PhD programmes. Candidates who want to enrol in PhD programmes in engineering should take the GATE exam. 

After completing a PhD programme, candidates have access to a wide range of options in both the private and public sectors. Depending on their area of expertise, for example, research scientists, associate professors, economists, historians, etc, candidates can obtain high-paying jobs. The starting salary for candidates is Rs 6 LPA. The highest salary may increase based on experience, knowledge, talents and other factors. 

Some of the best career options to pursue after completing PhD degree are given below:

Interested candidates can also learn about the detailed IAS Salary , in the linked article.

PhD In Different Specialisation

Employment for PhD candidates is also based on the Specialisation in which they have completed their doctoral studies. The PhD programme offers a wide variety of specialisations with various career profiles, including PhDs in Management, PhDs in the Arts, PhDs in Engineering, PhDs in Medicine, PhDs in Legal Studies, etc. The details are given below:

• PhD Medical : Hospital Administrators, Medical Scientists, Professors and Researchers.
• PhD Engineering : Research Scientists, Mechanical Design Engineers and Executive Engineers. 
• PhD Mechanical Engineering : Executive Engineer, Research Scientist, Professor, Mechanical Design Engineer.
• PhD Arts : Content Writer, Economist, Professor and Clinical Psychologist.
• PhD Marketing: Deputy Manager, Marketing Manager, New Product Manager, Marketing Executive.
• PhD Psychology : Research Psychologist, Clinical Psychologist, Professor, Therapist.
• PhD Management : Management Consultant, Business Analyst, Data Analyst and Human Resource Manager.
• PhD Economics: Professor, Banker,Financial Managers, Accountant and Economists.
• PhD Mathematics: Accountant, Cashier, Finance Manager, Professor, Loan Counsellor.
• PhD Biology : Professor, Microbiologist and Research Biologist
• PhD Computer Science : Website Developer, Software Developer, Hardware Engineer and Network Engineer.
• PhD Chemistry: Forensic Chemist, Junior Scientist, Chemical Researcher, Medical Technologist.

The National Assessment and Accreditation Council (NAAC) is an organisation that assesses and accredits higher education Institutions (HEIs) in India. Click in the linked article to learn about it in detail.

The specialisation influences the jobs in the private sector. PhD candidates have multiple opportunities in the private sector because they work in practically every field, although their employment is dependent on their area of specialisation. Private universities, Google, Microsoft, Deloitte, and Infosys are a few of the leading employers in the private sector. In addition to working in the private sector, PhD holders are also recruited in government organisation. After earning a PhD, candidates have a wide range of options to consider, including working for chemical or pharmaceutical businesses, the oil and gas industry, the research sector, NGOs, etc. Both the commercial and public sectors have different salary structures.

To know more about the Current Affairs related information, refer to the linked article.

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PhD Salary For Different Professions

The PhD salaries for the various PhD specialisations of the candidates are listed in the table below:

Also, read the National Skills Qualifications Framework (NSQF)

Below is information on PhD salaries in India for Professor, Associate Professor and other positions. Candidates can view the table to see what PhD Professors make in India.

Check details related to Government exams after 12th in the given link. 

For help, candidates can turn to BYJU’S if they will be taking the exam for the first time and want some advice on how to prepare and study for the competitive exams. For the Best preparation strategy for competitive exams , candidates can visit the linked article and get detailed study material and preparation tips to excel in the examination.

Related links for Government exams are given in the table below:

Frequently Asked Questions about PhD Salary

Q1. what is the typical pay for lecturers in indian public universities and schools, q2. what is a phd graduate’s highest salary, q3. what is a researcher’s highest annual salary, q4. is an internship necessary to work as a professor, q5. what factors influence the pay of a phd professional, q6. from a financial perspective, is a phd worth it.

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Home » Job Tips » Career Advice » Highest-Paying Jobs after MBA in India

Top 15 Highest-Paying Jobs after MBA in India

According to a recent survey, there has been a notable increase in the median salary of MBA graduates in India. A Master of Business Administration (MBA) degree can enhance your job prospects and earning potential. With this degree, you can get into various management roles in numerous industries and earn a lucrative salary. Read this article to explore the list of highest-paying jobs after an MBA in India and get an insight into some of the most rewarding career options for MBA graduates.

Table of Contents

Highest-Paying Jobs after an MBA in India

After completing an MBA, individuals can leverage their advanced education to secure the perfect opportunities in executive management, finance, consulting, and marketing industries. Here is a deeper analysis of today’s highest-paying jobs after an MBA in India.

1. Business Consultant

Business consultants or management consultants are professionals with specialized knowledge in businesses. With their professional advice, they help organizations improve their business performance. Their primary goal is to provide expert analysis, guidance, and solutions to help the organizations. With their assistance, organizations can improve performance, efficiency, and growth in various departments such as management, finance, marketing, sales, etc. That’s why it is considered among the highest-paying jobs after MBA.

Roles & Responsibilities:

Here are some of the major responsibilities of a business consultant:

• Analyze client operations, business processes, and challenges.
• Provide strategic advice and actionable solutions.
• Stay updated on industry trends and best practices.
• Build and maintain strong relationships with clients.
• Develop strategies and detailed solutions to reach goals.
• Design organizational structures and processes to optimize efficiency.
• Track progress through metrics reporting for successful execution.

Top Companies Hiring: 

• Infosys India
• Adobe Noida
• Oracle India
• Synergy Plus Business Consulting Group
• Opticos Bengaluru, Karnataka, India

Average Salary Range: ₹6 LPA – ₹12 LPA

2. Human Resource Manager

A human resource manager job is one of the best-paying jobs after an MBA in India. This role involves planning, coordinating, and directing the administrative operations within a company. An HR manager’s responsibility includes supervising all aspects of employee management, such as hiring employees, organizing development programs, resolving conflicts, administering benefits packages, and ensuring compliance with labor regulations. You can start your journey in this domain by pursuing an online HR course with a placement guarantee .

Here are some of the major responsibilities of a human resource manager:

• Plan and execute recruitment processes.
• Conduct job interviews and make hiring decisions.
• Promote a positive and inclusive work environment.
• Onboard new employees and manage orientation procedures.
• Administer compensation, benefits, and performance programs.
• Organize and facilitate employee training programs.
• Analyze workforce data and provide insights for strategy.
• Conduct training needs assessments and facilitate training.

Top Companies Hiring:

• GenSigma India
• Amitoje India
• Business View Asia
• BNP Paribas 

Average Salary Range: ₹2.8 LPA – ₹9.0 LPA

3. Finance Manager

A financial manager jobs involves overseeing a company’s financial well-being and ensuring it remains profitable. Their duties include setting financial objectives, creating financial reports, directing investments for company benefit, and developing plans for long-term financial goals. The professionals play a key role in facilitating business growth. Therefore, to excel in the role of a financial manager, you should possess analytical skills, accounting and budgeting proficiency, mathematical knowledge, communication and collaboration skills, and decision-making abilities. To learn more about financial management and develop basic skills, consider taking a financial modeling and valuation course .

Here are some of the major responsibilities of a finance manager:

• Oversee financial planning and budgeting.
• Lead financial data analysis and reporting.
• Produce financial statements for executives and stakeholders.
• Identify financial risks and opportunities.
• Implement internal controls and financial systems.
• Manage invoices, bank payments, payroll, and expenditures.
• klimbB Bengaluru
• APEXX Global Pune
• Upstox India

Average Salary Range: ₹3.5 LPA- ₹9.6 LPA

Also Read: Highest Paying Finance Jobs

4. Product Manager

A product manager job is considered one of the highest-paying MBA jobs in India. Product managers act as liaisons between business, technology, and design teams. Their primary duty is to lead a cross-functional initiative and maintain tasks, tools, and relationships in each phase, from planning to the launch of the product. Additionally, they strategize marketing plans and make important decisions on the features of products. If you want to upgrade your CV and stand out among other candidates, consider taking a product management course with a placement guarantee .

Here are some of the major responsibilities of a product manager:

• Develop product strategy and roadmaps aligned with business goals.
• Define product features and functionalities based on market analysis.
• Work closely with the tech team to conceptualize and prioritize delivery.
• Conduct user research and gather feedback from customers.
• Analyze product data to make informed decisions and improvements.
• Monitor and report on product adoption, engagement, and performance.
• Manage product life cycle from planning to launch.
• Lead go-to-market strategy and product marketing.
• Dabur India Limited
• Bright Money 
• WeLoveNoCode India

Average Salary Range: ₹6.5 LPA- ₹11.2 LPA

5. Operations Analyst

An operations analyst is a professional who is responsible for reviewing policies, analyzing data, and creating reports to improve company performance. This role involves assisting managers in maximizing the use of funds and resources, devising efficient production schedules, efficiently managing the supply chain, and establishing fair pricing strategies.

Here are some of the major responsibilities of an operations analyst:

• Review operational processes to identify inefficiencies and opportunities for improvement.
• Analyze operational data to uncover trends and develop insights.
• Create dashboards and reports to visualize operational performance.
• Develop solutions to streamline workflows and reduce costs.
• Model and forecast future demand and capacity requirements.
• Track key operational metrics and analyze variances.
• Identify risks in operations and prepare mitigation plans.
•   RPL IQVIA RDS (India) Private Limited 
• Tide Hyderabad
• Nielsen Mumbai
• NatWest Group Chennai

Average Salary Range: ₹6.7 LPA – ₹10.5 LPA

6. Project Manager

In a project management jobs , the project manager is in charge of supervising multiple projects for a company. They are responsible for ensuring quality control, managing timelines and deadlines, as well as providing regular updates to stakeholders on progress through reports. Additionally, they are accountable for maintaining adequate supplies and materials necessary for completing the project successfully.

Here are some of the major responsibilities of a project manager:

• Develop and manage project plans and timelines.
• Lead cross-functional teams to meet objectives.
• Track progress and the company budget.
• Resolve issues and mitigate risks.
• Report on project status to stakeholders.
• Spydra Hyderabad
• ABB Bengaluru
• Capco Bengaluru

Average Salary Range: ₹4.2 LPA – ₹11.8 LPA

7. Chief Financial Officer (CFO)

CFOs are top-level executives responsible for overseeing a company’s overall financial objectives. They develop financial operational strategies by assessing trends, defining key metrics, formulating production, productivity, quality, and customer service approaches, devising systems, securing resources, addressing issues, and executing transformative initiatives.

One of the best-paying jobs after an MBA, the role of CFO is a sought-after job for individuals with a professional background in economics, finance, or analysis. Being a CFO requires a degree of experience since these professionals play an essential role in influencing the company’s strategy. 

You should possess leadership skills, analytical aptitude, risk assessment skills, innovation management, strong communication and collaboration skills, business acumen, and a strategic mindset to be considered for the position of chief financial officer.

Here are some of the major responsibilities of a CFO:

• Develop and execute financial strategies aligned with organizational goals.
• Oversee budgeting, forecasting, and financial planning processes.
• Ensure statutory and regulatory compliance across all financial functions.
• Analyze financial statements, capital structure, risks, and investments to ensure sustainability.
• Optimize capital structure and manage financial resources efficiently.
• Represent the company to investors, analysts, auditors, and other external stakeholders.
• Timesascent India
• Ear Jobs Point 
• RMPS & Co 
• Manpower Group 
• Intellectual Capital HR Consulting Pvt. Ltd.

Average Salary Range: ₹7 LPA – ₹12 LPA

8. Investment Banker

Investment bankers serve as financial advisors to corporations. Their primary function is to assist clients in raising funds, which could involve activities such as issuing stocks, launching bonds, negotiating the acquisition of a competitor, or facilitating the sale of the entire company. This job is considered one of the best-paying MBA jobs.

Investment banking is a highly compensated domain that aims to provide solutions regarding mergers and acquisitions, risk management, capital raising, asset management, and more. Therefore, to work in this domain, you require skills like number-crunching abilities, verbal and written communication, experience in the financial or investment field, and the capacity to devote long hours to work. You should have an MBA degree with a specialization in finance, mathematics, or other related field to work as an investment banker.

Here are some of the major responsibilities of an investment banker:

• Provide strategic financial advice to corporates and various organizations.
• Assist clients in raising capital through various means such as issuing stocks or bonds.
• Conduct market analysis and research to inform financial recommendations.
• Make strategic recommendations to the CEO and the board.
• Underwrite securities like stocks and bonds to help clients raise funds.
• Evaluate the financial worth of assets and companies.
• Ensure financial compliance and reporting.
• Ambit Private Limited Mumbai, Maharashtra, India
• Avendus Mumbai, Maharashtra, India
• Hireginie Talent Cloud Pvt Ltd Mumbai, Maharashtra, India
• CapConnect New Delhi, Delhi, India
• JPMC Candidate Experience page Mumbai, Maharashtra, India

Average Salary Range: ₹9.0 LPA – ₹14.5 LPA

Also Read: Best Jobs for the Future

9. Business Intelligence Analyst

This is one of the highest-paying jobs after MBA in India. In business analysts jobs , the analysts are responsible for collecting, cleansing, and analyzing business data, which includes revenue, sales, market information, or customer engagement metrics. Additionally, BI analysts may be tasked with programming tools and creating data models to facilitate visualization and monitoring of data.

Here are some of the major responsibilities of a business intelligence analyst:

• Collect and compile business data from various sources.
• Cleanse and preprocess data to ensure accuracy and reliability.
• Prepare and present reports summarizing key findings and trends.
• Program tools and data models to facilitate analysis and visualization.
• Monitor and evaluate key performance indicators (KPIs).
• Create pitch decks and investment proposals.
• Negotiate transaction terms and close deals.
• AXA Group Attibele
• S&P Global Hyderabad
• Amazon Hyderabad
• Google Bengaluru
• Labcorp Bengaluru

Average Salary Range: ₹3.1LPA – ₹8.4 LPA

10. SAP Consultant

In SAP jobs , SAP consultants play a crucial role in assisting organizations with finding and incorporating suitable software solutions. SAP consultants specialize in data processing, encompassing two key domains: functional and technical. Technical SAP consultants concentrate on tasks such as network administration, software programming, and development. On the other hand, functional SAP consultants leverage their finance background to configure systems in alignment with business requirements.

Here are some of the major responsibilities of a SAP consultant:

• Gather business requirements and configure SAP modules.
• Guide system integration and testing.
• Deliver training to users on new SAP processes.
• Troubleshoot issues and bugs.
• Customize SAP environment to meet client needs.
• Document operational procedures.
• ValueLabs 
• InvenioLSI 
• PERSOLKELLY India 

Average Salary Range: ₹3.0 LPA – ₹10.8 LPA.

11. Digital Marketing Manager

Digital marketing manager jobs are some of the best jobs to pursue after an MBA in India that pay well. A digital marketing manager is a professional responsible for developing, implementing, and managing marketing campaigns that promote a company’s products or services online.

They typically analyze market trends, track consumer behaviour, and use various digital marketing tools and platforms to create and execute effective marketing strategies that meet the company’s goals and objectives.

Here are some of the major responsibilities of a digital marketing manager:

• Develop and execute digital marketing strategies to drive online traffic and generate leads.
• Manage digital marketing channels, including SEO, SEM, social media, email, and display advertising campaigns.
• Analyze campaign performance metrics and optimize strategies to maximize ROI.
• Manage digital marketing budgets and allocate resources effectively to achieve marketing goals.
• Utilize analytics tools to track and report on key performance indicators.

Average Salary Range: ₹3.0 LPA – ₹18.6 LPA

• Kotak Life Insurance

12. Purchasing Manager

A purchasing manager is responsible for procurement in an organization. They are in charge of finding suppliers, negotiating contracts, and maintaining vendor relationships. Purchasing managers analyze market trends, assess suppliers and product quality, and make informed purchasing decisions. They work with different departments to understand procurement needs, develop procurement strategies, and streamline purchasing processes. The goal is to ensure that goods and services are acquired timely and cost-effectively.

Here are some of the major responsibilities of a purchasing manager:

• Develop and implement procurement strategies to meet organizational objectives.
• Source and evaluate suppliers, negotiate contracts, and establish vendor relationships.
• Analyze market trends, assess supplier capabilities, and identify cost-saving opportunities.
• Ensure compliance with purchasing policies, procedures, and regulations.
• Resolve supplier issues, including delivery delays, quality discrepancies, and pricing disputes.

Average Salary Range: ₹4.2 LPA – ₹15.6 LPA

• Hilton Hotels
• Tata Capital
• Four Seasons

13. Logistic Manager

A logistics manager is responsible for managing the movement of goods and materials within a supply chain. They oversee transportation routes, warehouse operations, and coordination with suppliers and distributors to ensure timely delivery of products. Logistics managers analyze inventory levels, forecast demand, and develop strategies to minimize costs and maximize efficiency. They also monitor logistics performance metrics, identify areas for improvement, and implement process enhancements to streamline operations.

Roles and Responsibilities:

Here are some of the major responsibilities of a logistics manager:

• Develop and implement logistics strategies to optimize supply chain efficiency and meet organizational objectives.
• Plan, coordinate, and oversee the transportation, storage, and distribution of goods and materials.
• Forecast inventory demand and ensure timely availability of products to meet customer needs.
• Negotiate contracts with transportation providers, warehouses, and other logistics partners to achieve cost-effective solutions.
• Monitor and analyze logistics performance metrics, such as on-time delivery and inventory turnover, and implement improvements as needed.
• Coordinate with suppliers, manufacturers, and distributors to ensure seamless coordination of logistics activities.

Average Salary Range: ₹2.5 LPA – ₹18.0 LPA

• Mahindra Logistics Ltd.
• Blue Dart Express Ltd.
• TVS Logistics Services

14. Project Manager

A project manager is responsible for planning, executing, and overseeing the completion of specific projects within an organization. Their role requires coordinating resources, timelines, and tasks to ensure that projects are delivered on time, within budget, and according to predefined quality standards.

Project management is among the highest-paying jobs after an MBA in India, providing lucrative opportunities for those with strong leadership, organizational, and strategic skills to drive successful project outcomes and contribute to business growth.

• Develop project plans outlining the scope, objectives, deliverables, resources, and timelines.
• Assign tasks and responsibilities to team members.
• Conduct regular team meetings to track progress and address issues.
• Identify potential risks and develop risk mitigation strategies.
• Define quality standards and ensure adherence to them throughout the project.
• Develop project budgets and monitor project expenses.

Average Salary Range: ₹8.6LPA – ₹36.9LPA

• Cognizant Technologies Solution

15. Chief Technology Officer (CTO)

A CTO is a crucial member of any organization’s executive team. They are responsible for providing strategic direction, overseeing technical development, and ensuring the organization aligns with its business goals. The CTO plays a critical role in driving innovation and technological advancements to maintain a competitive edge in the market. As a senior executive, the CTO’s responsibilities include managing tech infrastructure, leading development, and creating a technological vision for the organization. It is among the highest-paying jobs after MBA in India.

Here are some of the major responsibilities of a chief technology officer:

• Develop and execute the company’s technical roadmap in alignment with business objectives.
• Lead and mentor a high-performing team of engineers, developers, and technologists.
• Oversee the end-to-end product development lifecycle, from ideation to deployment.
• Manage the design, implementation, and maintenance of scalable and secure technology infrastructure.
• Develop and implement security policies and procedures to protect company assets and customer data.

Average Salary Range: ₹12.0 LPA – ₹89.9 LPA

• Dell Technologies

Factors Affecting MBA Salary in India

Master of Business Administration or MBA is one of the most popular and in-demand post-graduate courses in India. It equips students with relevant knowledge and skills to be able to work in various industries. Though you can expect a high compensation, the pay usually varies depending on several aspects. Some of these factors affecting the MBA salary are listed below: 

• Specialization: MBA in India is offered with different specializations like marketing, consulting, finance, IT and systems, human resources management, etc. Your salary depends on your domain of study. For example, an MBA in finance provides more high-paying opportunities than general management. 
• Work Experience: The compensation package varies for fresher and experienced professionals. So, having a considerable years of experience makes you eligible for more high-paying jobs. For example, the average salary for an MBA fresher in India is ₹10 LPA, whereas an experienced professional with an MBA can earn ₹40 LPA. 
• Location: The location of the organization you are applying for is also crucial in determining the salary package. It takes into consideration the market value and cost of living in the specific geographical area. You will find better-paying opportunities in cities like Delhi, Mumbai, and Bangalore. 
• Business School: Another factor affecting your MBA salary is the institute you have graduated from. Some organizations offer better salary prospects for students from particular institutions.

Obtaining an MBA degree can greatly increase one’s earning potential in India. Some of the highest-paying jobs after an MBA in India include roles such as management consultant, investment banker, marketing manager, and operations director. With a competitive job market and growing economy, pursuing higher education through an MBA program is a wise decision for those looking to advance their careers and earn top salaries in India.

We hope this blog enables you to make an informed career decision. If you would like to explore more high-paying jobs, you can refer to our blog on the highest-paying computer science jobs .

FAQ’s

Answer: These are the highest-paying job roles that you can pursue after an MBA: 1. Chief Financial Officer (CFO) 2. Marketing Director 3. Investment Banker 4. Management Consultant 5. Operations Director Note: The highest-paying job after an MBA depends on various factors such as location, industry, specialization, and level of experience. 

Answer: Several MBA specializations in India are highly in demand due to various factors like industry trends, economic conditions, and emerging job opportunities. Some of the most in-demand MBA specializations in India include: 1. MBA in Finance 2. MBA in Marketing 3. MBA in Economics

Answer: Pursuing an MBA degree provides you with a thorough understanding of business fundamentals. However, it is crucial to assess how those skills would align with your unique interests and aspirations. Here are some popular and highly rewarding career paths for MBA graduates: 1. Product Management 2. Financial Analysis 3. Supply Chain Management 4. Human Resources Management

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IIM vs Foreign MBA: Salary, placements, admissions, student life, pros & cons

If you have ventured through the internet-narnia into this article space, you probably have been considering sprucing up your career with an MBA degree. In India, this MBA option presents itself at various career stages.

• You can get a full-time MBA (popular as PGP) at any of the elite IIMs or other reputed schools like XLRI, etc. right after undergraduate school
• You can get a full-time MBA (popular as PGPX, MBAEX, EPGP, etc.) also at the IIMs and other schools like the Indian School of Business (ISB) with a few years of work experience
• You can get a part-time/weekend option aka Executive MBA at again one of the IIMs or other top schools like ISB, etc. with more than 10 years of work experience

But these options widen even further when an international MBA is thrown in the mix. At each stage the Indian MBA applicant is then faced with the question – Whether to pursue an MBA in India or abroad? Or for those who want to bask in the limelight of the best – Whether to pursue an Indian MBA at IIM or MBA abroad ?

Are you thinking of making notes and comparing prices of international vs domestic flights, wondering about an Indian IIM MBA vs International MBA? Well, then you have certainly arrived at the best place to get your dilemma sorted. Let’s get started.  

IIM MBA vs Foreign MBA after Undergraduation

  This is the largest pool of MBA hopefuls in India. Half of the country’s young just-out-of-school population flock to take the CAT exam , unable to even crack a smile with percentile scores of well north of 98.

The ones who do smile with an admit at the IIMs (Ahmedabad, Calcutta, Bangalore and the likes), are counted as the prestigious few who graduate with a diploma equivalent to an MBA degree and excellent job placements.

At the same time, this is also the smallest pool of applicants for international MBA that doesn’t require a CAT but most often a GMAT exam score ( B-Schools that accept CAT scores ). Work experience is a mandatory requirement for applying to international MBA programs.

For those talented few who are admitted to international MBA without any work experience, the unimaginable is achieved by having incredible compensating factors like a stellar education background or unique extra-curricular activities to push their application through the huge pile of other credible ones.

Early entry MBA is available in a few international MBA programs, but then having to compete with a global population still makes this MBA route a distant dream for many.

Examples of Early MBA in international B-Schools are:

• Yale Silver Scholars Program
• Harvard 2+2 Program
• Indian School of Business Young Leader’s Program

Here are a few tabulated comparison highlights between the two.

  Though the cost and brand value for an IIM MBA (PGP) is excellent and it is much cheaper than a foreign MBA, cracking a good score on CAT and making it in it is extremely competitive.

So, looking into early MBA options or perhaps using the coming years to build a strong work resume for an international MBA degree would be a good idea for many. [Read How this MBA grad’s CAT failure later turned to multiple successful GMAT admits ]  

IIM MBA for Executives vs Foreign MBA

  Now let’s say you have been around in the employment scene for a few years and you are considering getting an MBA degree to change or escalate your career track. And the following highlights pretty much sum up your current situation.

– You are an Indian working professional with a few years of work experience (5 or above)

– You have taken or considering taking the GMAT exam for MBA admissions

– You can technically afford MBA education full-time whilst also taking a career break of 1 to 2 years

– You want to use the MBA degree to catapult or change career towards a positive direction with better pay, more leadership roles and/or introduction to a new industry

– And consequently, you want only the best MBA program to help you achieve your goals. Either the promising international MBA programs abroad or the well reputed IIM MBA programs in India

Does that describe you?

Then you are primed to undertake an MBA degree, full-time, either at one of the international GMAT/GRE based MBA programs or an MBA for Executives at the IIMs. Let us get to the pulp on those.  

MBA for Executives at IIM

  First of all, not to confuse readers, an MBA for Executives is vastly different from Executive MBA. The former is meant to be full-time for professionals who have work experience while the latter is for senior professionals who can get an EMBA degree in a part-time format, often sponsored by their parent company to gain knowledge to inculcate them in their organization later.

We are here to talk about MBA for Executives which is usually pursued by applicants with the same profile as those who apply to international GMAT based MBA programs.

For the context of this article, we will confine ourselves to the Indian MBA for Executives from the top brass schools like the IIMs (The Indian Institute of Management). Here are the various degrees offered at top IIMs .  

  Now that we know our best IIM options, let us talk about the differences, advantages and disadvantages of getting an MBA at IIM vs abroad. We will keep the other stalwart ISB out of the discussion here. For those interested in ISB MBA, we have plenty of articles in our ISB archive here.  

MBA at IIM vs International MBA: Advantages and Disadvantages

  Let us tackle the comparison through two broad categories:

• Application and MBA life
• Placement and employer perception in India and abroad

Application and Student Life at IIM vs MBA Abroad

  The eligibility criterion is quite similar for either of the two options. Officially, both require a GMAT score, work experience in the order of 5 years plus with exceptions for extraordinary talent, a bachelor’s degree or equivalent, and essays, recommendations, the works.  In reality, the difference comes in the cost and the competition.

As far as application success is considered, if you are targeting only the IIMs, the class sizes are less than a 100 each. In comparison, a lot of top b-schools comprise class sizes of even 800 or more (such as INSEAD).

But as far as acceptance rates are considered, gathering from GMAT Club decision tracker, the rate of admittance at say IIMA PGPX is about 7%. That is 7% of total applications received make it in, albeit from a largely domestic pool of applicants as compared to MBAs abroad.

Now, take international MBA programs in Round 1. Harvard has an acceptance of 7% in R1 for a class of about 700. MIT Sloan has a rate of 14%, Stanford GSB about 9% and programs like INSEAD, Chicago Booth, HEC Paris, Michigan Ross, have acceptance rates of over 30%.

For a detailed look at acceptance rates of some of the top MBA programs in rounds 1, 2 and 3, we refer you to this article – MBA Acceptance Rate: Round 1 vs Round 2 vs Round 3

One of the highlights of an international MBA is also its diversity and global nature. Well over 30% of most MBA programs have international students and in some schools, it is as high as 80%. This kind of an environment is rich in learning opportunities through shared experiences from a variety of backgrounds and work cultures.

The average cost of education at top American b-schools can reach up to $100k or more. This, not including boarding and living expenses, study material costs, and travel money. Not to mention visa processing fees.

At the IIMs, the cost comes to at less than $40k for tuition. Even with the additional expenses incurred, the fact that all of the MBA for Executive in India listed above are only one year long, the opportunity cost is also lower.

In that sense, IIM is comparable to many European MBA options such as in France, Germany, Spain, Italy, etc. Those are mostly a yearlong as well with affordable tuition in comparison to US.

Here is list of MBA programs with tuition cost, both low and high .  

Placement at IIM PGPX, MBAEx, EPGP vs Top MBA Abroad

  The biggest advantage of an MBA abroad is the ability to convert that education opportunity into international employment. Most countries have very streamline processes in place to transfer student visa to temporary work visa.

In USA, F1 student visa leads to an OPT that allows a short but substantial time to look for employment opportunities within the US. Thereafter, an H1B work visa and consequently permanent residency, or Green Card, follows.

With a degree within India, that opportunity can be rarely available. Only few exceptional candidates get to crack international recruitment, especially since recruiting companies have to bear the added burden of sponsoring the candidate for immigration and visa.

The chance at being selected, for instance in the US, in the H1B lottery is also lowered with a degree outside the US. Graduates from US universities get an extra exemption during H1B selection that you can read here – Working abroad after MBA.

However, if working abroad is not on your priority list, Indian IIM graduates make quite a pretty penny on the home front. Here is a table listing of the average salaries at some of the MBA programs abroad ranked among the top and a few similar to the IIMs on the Financial Times MBA Rankings.

  Now lets us list out the stats for the MBA for Executives at the IIMs . Bear in mind that though the average salaries may look significantly lower than those in earlier table, we have also added a separate column to reflect the purchase parity or PPP value for the given compensations.

PPP, or Purchasing Power Parity, measures the prices of goods in different countries and evaluates the purchasing power of the respective currencies. It is like imagining your salary’s equivalent salary in another country.

So, instead of taking your salary and doing an absolute conversion say from INR to USD, a PPP conversion helps us understand what would your buying power be in another country, in this case the US.

In other words, if you have a comfortable lifestyle with a certain salary in India, would that salary’s PPP be good enough for a comfortable lifestyle in the US?

Source: University pages  

IIM MBA for Executives vs Foreign MBA: Which one to choose?

Your final goal should drive your decision regarding which country to choose for an MBA. With all the information furnished earlier and with some more digging on your part, get ready to ask yourself a few questions.

• Do you wish to live and work in India or do you want to settle abroad?

IIMs are a great option for a future in India, of course. But placements in IIMs also often include international hires. So, international recruitment is not completely off the cards, but quite limited in terms of such possibilities. International MBAs generally get a bigger bite at foreign placements with easier work authorization processes.

• Do you want to come back to India after a foreign MBA? Vice versa, do you want to work abroad after an Indian MBA at IIM?

Your chance at securing employment greatly depends on the employer’s perception of your institution. For the sake of completeness, we recommend you to read our previous articles reflecting both sides.

– Value of an Indian MBA abroad

– Value of a foreign MBA in India

Typical IIM recruiters include international names like Google, Accenture, Adidas, Ernst & Young and EYP, KPMG, BCG, Bain, McKinsey, Samsung, Microsoft, Amazon, Deloitte, FinIQ and more.

Indian recruiters among the lot are Infosys, L&T, the industries under Adani and Ambani groups, Flipkart, PwC, Axis Bank, Wipro, Mindtree, Dr. Reddy’s Laboratories, and more. 

Obviously, the exposure to global companies, Fortune 500 or more, will be higher in reputed programs abroad. Whereas the exposure to indigenous companies in India would be higher domestically.

Similarly, a lot of Indian employers may not be as familiar with the stature of international MBA programs outside the Ivy League reputation.

Moreover, an Indian MBA will be more relevant in curriculum to the domestic needs. Whereas, an international MBA will probably be more globally inclusive. The fundamentals, perhaps, being just the same in either.  

Executive MBA at IIM vs International Executive MBA

  Finally, there is also a third career stage where applicants may consider an MBA degree where the same Indian IIM vs international b-school dilemma may surface. This happens when the applicant is a senior professional with more than 10 years of work experience, in need of management education to gain C suite roles in their industry.

This is a typical description of Executive MBA, which as briefly mentioned earlier is different from MBA for Executives. Here the companies often decide to sponsor their senior employees for an EMBA degree while still keeping them on payroll.

Here, the decision between an IIM Executive MBA vs foreign EMBA should be basically driven by the needs of the individual, the company’s vision, and the b-school EMBA program’s strength in the particular industry and specialization.

For more details, we recommend the articles in this EMBA archive .   If this article was too data-oriented for you, watch this video where we’ve given our subjective views and a (non-politically-correct) recommendation: MBA in India vs MBA abroad

Now, which one will be your cup of tea?

Drop us a line at info at mbacrystalball dot com for further professional assistance for your GMAT / GRE MBA applications.

And read these articles to expand your knowledge.

– IIM MBA for Executives Blogs – with first hand applicant stories

– [Video] How to introduce yourself in interviews

– Indian employed in the US heads to IIM MBA in India

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Top 5 Highest Paying MBA Specialisations in India 2024 - Check Details Here

Updated On: March 14, 2024 12:45 pm IST

Planning to get an MBA degree? Know the top 5 highest paying MBA specializations in India and get enrolled in one for a successful career!

Top 5 Highest Paying MBA Specialisations in India

Mba in finance, mba in marketing, mba in operations, mba in business analytics, mba in entrepreneurship.

Top 5 Highest Paying MBA Specialisations in India : In an increasingly competitive job market, especially within the business sector, the pursuit of a business career has never been more popular. However, to truly stand out in this crowded field of business graduates, earning an MBA specialisation has become the quickest path to success. Selecting the right MBA specialisation is a crucial factor that profoundly influences one's life and career in the long run, offering graduates the opportunity to acquire specific skills tailored to their desired professions.

An MBA course  equips you with the skills necessary to excel as a business leader at the executive level, teaching critical abilities such as strategic thinking and effective people management. Yet, as valuable as a general MBA is, you can further enhance your professional prospects by specializing in a specific field. However, prospective candidates must choose their MBA specialisation wisely, as it significantly impacts their earning potential. In this article, we will explore the top 5 highest-paying MBA specialisations, providing valuable insights for those planning to embark on their entrepreneurial journey. Also read:  List of Best MBA Specialisations in India for 2024

Here are the top 5 highest paying MBA specialisations in India. These may also apply to Executive MBA courses :

MBA in Finance is considered one of the highest-paying MBA specialisations. It primarily focuses on asset management, financial planning, investment, pricing, resource management, and other topics related to finance management. Pursuing an MBA in Finance can open up a plethora of opportunities for candidates who are interested in analysing a company's financial report, stock values, balancing risk and profitability, and portfolio management.

Top MBA in Finance Job Profiles with Average Salary

The average salary for MBA in Finance is INR 6,00,000. With 5-10 years of experience, a professional can earn up to INR 20 LPA. Some of the top positions available after MBA in Finance along with their salary are provided below.

Top MBA in Finance Colleges in India with Fees

Being one of the most highest paying MBA specialisations in India, MBA in Finance is offered by many colleges in India, The average fee for the program is INR 4,00,000. Listed below are some of the well-known colleges offering MBA in Finance in India .

Also Read: Emerging MBA Specializations in India

Being one of the highest paying MBA specialisations in India, MBA in Marketing is a popular specialization among candidates due to the high annual packages that the program offers. This specialization enables students to learn about brand management, marketing tactics, leadership skills, consumer behaviour, and other marketing strategies. MBA in Marketing is a good choice for students who are interested in managing the promotion and marketing activities of any organization. Those who have good knowledge of SEO and social media platforms can also opt for this course.

Top MBA in Marketing Job Profiles with Average Salary

The average salary that the candidates can earn after MBA in Finance is INR 6,74,000. Professionals who have been working in this field for many years can get up to INR 15 LPA. Some of the top positions available after MBA in Marketing along with their average salary are provided below.

Top MBA in Marketing Colleges in India with Fees

MBA in Marketing is one of the traditional courses opted by many students since it is one of highest paying MBA specialisations in India. The average fee for MBA in Marketing is INR 4,50,000. Provided below are some of the well-known colleges offering MBA in Marketing in India .

Also Read :  Which One is Better - MBA in Finance or MBA in Marketing?

The demand for MBA in Operations has been consistently high over the past few years since it is one of the highest paying MBA specialisations in India. This specialization is focused on the creation, planning, and management of resources used by businesses to produce goods or services. This specialization is ideal for those who enjoy communicating with people. Students who complete an MBA in Operations will have a wide range of career opportunities, including consulting firms, financial institutions, hospitality, construction, warehousing, and inventory management.

Top MBA in Operations Job Profiles with Average Salary

The average salary available after MBA in Operations is INR 6,40,000. Some of the top positions available after MBA in Operations along with their average salary are provided below.

Top MBA in Operations Colleges in India with Fees

The average fee for MBA in Operations is INR 5,00,000. Check the table provided below to know about some of the well-known MBA in Operations colleges in India :

Also Read :  MBA Marketing vs MBA Digital Marketing

If you are interested in analyzing business operations and making decisions to maximize profitability, an MBA in Business Analytics is an ideal choice. This program covers various techniques and skills involved in analytics, as well as decision-making and managerial aspects. Additionally, MBA in Business Analytics includes other areas such as data visualization and performance management.

Top MBA in Business Analytics Job Profiles with Average Salary

Candidates will be able to apply for various positions after completing MBA in Business Analytics. The average salary for MBA in Business Analytics is INR 10,00,000. Some of the top positions available after MBA in Business Analytics along with their average salary are provided below.

Top MBA in Business Colleges Analytics in India with Fees

Listed below are some of the well-known MBA in Business Analytics colleges in India  that offer the highest paying MBA specialisations:

Also Read :  10 Best Colleges offering MBA in Data Science and Business Analytics

MBA in Entrepreneurship is a specialized MBA program that aims to equip students with the skills and knowledge they need to become successful entrepreneurs. Through this program, students learn how to turn their ideas into successful businesses by acquiring the necessary skills and knowledge.

Top MBA in Entrepreneurship Job Profiles with Average Salary

The average salary that the candidates can earn after completing this program is INR 5 lakh per annum. Some of the major job profiles that are available after MBA in Entrepreneurship are listed below.

Top MBA in Entrepreneurship Colleges in India with Fees

The average fee for MBA in  Entrepreneurship is INR 3 lakh per annum. Listed below are some of the well-known MBA in Entrepreneurship colleges in India :

Candidates should note that the fees of all these specifications will vary from college to college. Besides this, the salary provided to the candidates after completing the MBA will depend on their skills and experience.

Related Articles:

Candidates who have any doubts regarding any MBA specialisations can ask questions on the Collegedekho QnA zone . Besides this, those who want to apply to any MBA college in India can fill out our Common Application Form . For all admission-related inquiries, you can contact our student helpline at 1800-572-9877. Stay tuned with us for more updates!

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

Yes, an MBA in HR can definitely become CEO. Since individuals require a variety of soft and hard skills that encompass decision-making, problem-solving, finance, and management skills, as well as the ability to manage and motivate human capital, pursuing an MBA in HR places one in an advantageous position.

To choose the best MBA specialization for yourself, you must take into account its career scope/ placements/ internship opportunities, your long term career goal, reputation of the institute faculty in the specialisation of your choice, pedagogy of the specialisation of your choice, and course fee and Return on Investment (ROI) of the programme.

The MBA programmes that are most in demand in 2024 are MBA in Finance, MBA in Marketing, MBA in Operations Management, MBA in Information Technology, MBA in Human Resources, MBA in Artificial Intelligence & Machine Learning, MBA in Business Analytics & Big Data, MBA in Entrepreneurship, MBA in Logistics & Supply Chain Management, and MBA in Pharma & Health Care Management.

MBA specialization in areas like Finance, Human Resources, Marketing, or Public Administration is best for government jobs. It is crucial for aspiring candidates to possess a recognized MBA degree from a reputable institution. 

An MBA in Marketing, Finance, Economics, HR, General Management, Corporate or Labour Law, Strategic Management, Leadership and Organizational Development, and Entrepreneurship is best for becoming a CEO. These specializations will enable an individual to oversee operations. However, the requirements will vary based on experience of the individual and the industry of choice. 

To increase your chances of securing a high-paying job after MBA, candidates should focus on building a strong academic foundation through a reputable MBA program. Additionally, gaining practical experience through internships or industry projects, networking with professionals in the field, and continuously upgrading skills through relevant certifications can significantly enhance employability and earning potential.

For high-paying MBA specializations like Finance, candidates should possess strong analytical and problem-solving skills, leadership abilities, effective communication skills, and a sound understanding of business principles to excel in these specializations. Additionally, relevant work experience, internships, and certifications can further enhance job prospects and earning potential.

Yes, the high-paying MBA specializations are generally in high demand in the Indian job market. Finance and Consulting roles are sought after by banks, financial institutions, and consulting firms. Marketing roles are essential for various industries, while Operations and IT/IS roles are crucial for companies across sectors.

In high-paying MBA specializations, one can expect to earn INR 20 lakhs to crores per annum. The earning potential in these specializations can vary based on factors such as experience, industry, location, and the reputation of the organization. 

The top five highest paying MBA specializations in India are typically Finance, Consulting, Marketing, Operations, and Information Technology (IT)/Information Systems (IS). Although new MBA specialization have emerged over the past few years, these specializations remain the most popular highest paying ones.

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Loyola College in Chennai follows a transparent and merit-based admission process. It does not encourage or accept donations or capitation fees in exchange for admission. Admissions at Loyola College, including for undergraduate and postgraduate programmes, are generally based on academic merit, performance in entrance exams, and sometimes additional selection criteria such as group discussions and personal interviews. The college prioritises fairness, equality, and meritocracy in its admission procedures. It's important for students to note that paying a donation fee is not a legal or ethical way to secure admission to any institution. If you are interested in seeking …

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The fee for the MBA 2020 batch at the Amjad Ali Khan College of Business Administration (AAKCBA), Hyderabad  is Rs. 1,27,000 per annum. Please note that this is an accurate figure and the exact fee amount will be provided to you during the admission process of the institute.

You can check the list of MBA colleges in Hyderabad  if you want information about any other college. For help with admissions, fill the Common Application Form (CAF) or talk to our student counsellor at 18005729877 (toll-free).

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Top 10 management colleges in india.

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• B.B.A. (Bachelor of Business Administration)
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