Career After MBA: Jobs, Scope, Placements, Salary 2024, Top Recruiters
Pallavi Priyadarshini PandaContent Writer
The Master in Business Administration (MBA) is a 2-year professional post-graduate degree that offers great career opportunities across various industries. It is one degree that plays an important role in your growth and development and enables you to transform into a complete professional with all the required skill sets.
A career in MBA opens a wide variety of opportunities across different sectors which include management, finance, marketing, and operations allowing the graduates to thrive in various sectors such as finance, healthcare, e-commerce, and consulting. The field requires analytical skills attention to detail and a deep understanding of financial principles and markets.
An MBA graduate’s starting salary can range from INR 2.7 to INR 8 lakh per year. Candidates with experience are appointed to higher roles like Associates and Assistant Managers and might experience considerable income increases in the industry.
The top recruiters of MBA Courses are KPMG, Tata Consultancy Service, Wipro, Deloitte, Amazon, ICICI Bank, Infosys, Microsoft, Reliance Industries Limited etc.
MBA Career: Quick Facts
- According to GMAC’s Global Survey, ‘MBA is the most popular choice for graduate-level study among Indian students.’
- According to a report by Times of India, the employability of MBA graduates sits at 54%, which is the highest among different professional courses.
- The average annual salary of an MBA in India ranges between INR 7 LPA to INR 12 LPA for different specializations.
- Some of the desirable job positions such as Business Operations Management, Marketing manager, Operations Research Analyst, and Management Analyst are considered ‘hot jobs’ according to the US and World News Report.
Recommended Links for MBA career:
Top MBA Career Profiles and Salary
According to AIMS, banking, finance, consulting, marketing, manufacturing and technology are some of the fields that are craving for MBA graduates. When it comes to actual job titles, here is a list of some of the most in-demand jobs:
Job Profiles | Description | Average Salary |
---|---|---|
Business Analyst | A Business Analyst is a professional who works within an organization to analyze, understand, and document the business processes and systems. | INR 9.8 LPA |
Investment Banker | An Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities. | INR 16.1 LPA |
Chief Financial Officer | The CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations. | INR 83.3 LPA |
Product Manager | A Product Manager is a professional responsible for overseeing the development, strategy, and success of a product throughout its lifecycle. | INR 21.6 LPA |
Management Consulting | Management consulting involves providing advisory services to organizations to improve their performance, solve problems, and achieve their goals. | INR 27.5 LPA |
Asset Manager | An Asset Manager is a financial professional or entity responsible for managing investments and assets on behalf of clients, which can include individuals, institutions, or corporations. | INR 7 LPA |
HR Manager | An HR Manager, or Human Resources Manager, is a professional responsible for overseeing the human resources department within an organization. | INR 11.1 LPA |
Project Manager | A Project Manager is a professional responsible for planning, executing, and overseeing projects within an organization. | INR 17.1 LPA |
Sales Manager | A Sales Manager is a professional responsible for leading and managing a team of sales representatives or a sales department within an organization. | INR 7 LPA |
Marketing Manager | A Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company's products, services, or brand. | INR 12.7 LPA |
Operations Manager | An Operations Manager is a key leadership role within an organization responsible for overseeing and managing the day-to-day operations and processes. | INR 11 LPA |
Note: The salary has been taken from Ambitionbox.com.
Emerging Career Trends in MBA
Emerging trends in MBA programs reflect the evolving landscape of business and the skills required to succeed in today’s market.
Candidates can see the following trends that they can witness in their career after pursuing MBA:
- Digital Transformation: Increased focus on digital tools and technologies, including data analytics, AI, and automation, to prepare students for a tech-driven business environment.
- Sustainability and Corporate Social Responsibility (CSR): Growing emphasis on sustainable business practices and ethical decision-making, with courses dedicated to environmental impact and social responsibility.
- Soft Skills Development: Emphasis on leadership, communication, and teamwork skills, recognizing their importance in effective management and collaboration.
- Financial Technology (FinTech): Growing integration of financial technology topics in finance courses, preparing students for careers in this rapidly evolving sector.
MBA Scope In India: Jobs and Further Education
One of the biggest advantages of an MBA is that it comes with the option of various specializations. It is a vast ocean of opportunities that offers students work in a plethora of industries. Besides, an MBA in a particular specialization is not restricted to a single field and the students can switch to another sector whenever they want.
Some of the sectors where MBA graduates are constantly in demand are:
Sectors |
Description |
---|---|
Retail and Corporate Sector | There are many job roles for different MBA specializations in this industry such as store manager, category manager, store technology manager, store marketing manager, etc. Depending on the flare and skill you possess, you can pick up a role considering your ambitions. |
Banking and Financial Institutions | MBA graduates are hired in capacities such as Financial Analyst, Credit & Risk Manager, Marketing & Sales Manager, etc. It is a field full of career opportunities with an average annual salary ranging between INR 3 LPA to INR 20 LPA based on the job role. |
Media Sector | Students have ample opportunities in both the private and government sectors. With an average annual salary ranging between INR 2 LPA to INR 10 LPA, candidates can look out for recruitment in print media, broadcast media, internet media, etc. Some of the popular job roles in this industry are Media Executive, Digital Advertising Expert, Channel Head, TV Producer, and many others. |
Hospitality Sector | With expertise in the hospitality sector, students can expect job roles such as General Manager, Director of Sales, Marketing Manager, Management Consultant, etc. With an average annual salary ranging between INR 3 LPA to INR 10 LPA, the students have unprecedented opportunities in airlines, cruise ships, hotels, casinos, resorts, etc. |
Education sector | The education sector may seem very limited, but it has a lot of opportunities for MBA graduates. Some of the job roles in this industry include education policy manager, education technology manager, director of teacher recruitment, educational reform manager, etc. |
Management Consulting | Consulting firms hire some of the best management brains and the responsibility of these individuals includes solving organizational issues, embracing fresh ideas, and finding new problem-solving methods. |
Manufacturing sector | With the declining numbers of industrial engineers, MBAs are filling in the gap. Companies who need help with data analysis and managing complex supply chains hire MBA graduates. With an average annual salary of INR 4 LPA- INR 12 LPA, candidates can look up for job roles such as Purchase Manager, Project Manager, Organisational Consultant, etc. |
Entrepreneurship | MBA graduates may aim to launch their own venture or they may accept respected positions at established firms such as business operations, financial management, Information security, etc. The demand for candidates has been on the rise with an average annual income of INR 5 LPA to INR 20 LPA. |
Information Technology | Project Manager, Analytics Manager, Systems Manager, IT Manager, Data Processing Manager, etc. are some of the job roles offered to MBA graduates in this industry with an average annual salary of INR 12 LPA. |
Average Salary Based On MBA Specializations
Choosing the best MBA specialization significantly affects your life and career in the long run. MBA in Business Analytics, MBA in Finance, and MBA in Entrepreneurship are considered to be the top most paid specializations in this field. However, the salary of any professional depends on the skills, interest in earning, and other considerable factors. Here is a list of the top-paying specializations of MBA in India:
MBA Specializations |
Average Salary |
---|---|
INR 7.2 LPA |
|
INR 5.5 LPA |
|
INR 7.7 LPA |
|
INR 8.7 LPA |
|
MBA Management Consultant |
INR 11.6 LPA |
INR 8.2 LPA |
|
INR 6.3 LPA |
|
INR 12 LPA |
|
INR 5 LPA |
|
INR 4.3 LPA |
Top Recruiters For MBA Students
MBA graduates are in high demand in every sector. As a company grows, the need for a professional arises and there is more and more demand for MBA graduates. Some of the top multinational companies that recruit MBA graduates are:
MBA Top Recruiters | ||
---|---|---|
Amazon |
Aditya Birla Group | Mckinsey & Co. |
Boston Consulting Group | Goldman Sachs | Asian Paints |
Flipkart | Microsoft | |
ITC | Hindustan Unilever | Bain & Co. |
JP Morgan Chase & Co. | Wipro | Coca- Cola Company |
Top MBA College for Placements
The popularity of an MBA as a preferred post-graduate degree is unprecedented. However, the choice of college marks the stepping stone towards a good career in the future. Given below is a list of some of the top IIMs with Median Salary offered in 2023- 24:
MBA College |
Median Salary |
---|---|
INR 20 - 31.5 LPA |
|
INR 32.5 LPA |
|
INR 31.05 - 33.67 LPA |
|
INR 30 LPA |
|
INR 25 - 27 LPA |
|
INR 22.2 - 27.2 LPA |
|
INR 26.09 LPA |
|
INR 17.5 LPA |
|
INR 16.88 - 18.22 LPA |
|
INR 20 LPA |
Here is a list of some of the Best private B-schools with Median Salary offered by them:
MBA Private College |
Average CTC |
---|---|
INR 25.58 LPA |
|
INR 14 - 22.5 LPA |
|
INR 27.5 - 30 LPA |
|
INR 19.2 LPA |
|
INR 2.89 - 32 LPA |
|
INR 24 LPA |
|
INR 7.97 LPA | |
Great Lakes Institute of Management | INR 11.4 LPA |
INR 6.15 - 7.25 LPA | |
INR 13 - 15 LPA |
Note: This information is sourced from the official website/media reports/NIRF website and may vary.
Read More:
Courses and Career Options after MBA
FAQs around MBA Career
Q. What is the starting salary after doing MBA?
A. The salary scale for an MBA in general management is commensurate with the position occupied and as well the years of experience of the individual. For the fresher of just within a year in the industry, the median salary range stands at INR 3 LPA. On the other hand, with more experience of between 5-9 years, the median salary per annum is about INR 7 LPA. With other experience levels, you stand to earn more with position attained in the company and the status of the particular company too playing a part.
Top 10 companies hiring after the course. There are a whole lot of places to work as an MBA holder. Virtually all sectors will one time or the other place adverts for vacancies.
Some of them in the top 10 are:
- Aditya Birla Group
- HCL technologies
- JPMorgan Chase
- New Gen Software
- IEEE corporate
- National Textile Corporation Ltd.
- Amazon seller Services Pvt. Ltd.
- Cisco Systems, Inc.
- Global Eagle Entertainment
- India Infrastructure Finance Company Ltd.
Q. What is the average salary of a fresher with an MBA in India?
A. The average salary of a fresher with an MBA in India ranges between INR 2 LPA to INR 50 LPA with an average annual salary of INR 2.5 LPA. If you completed your MBA ( full time ) from a top B School like IIMs etc, you will be getting more salary during your freshmen year compared to those who have pursued an MBA from an average B-School or colleges.
Q. Name some of the top recruiting companies hiring MBA graduates in India?
A. Some of the top recruiting companies hiring MBA graduates in India are Amazon, Google, Hindustan Unilever, Microsoft, Tata Administrative Services, Aditya Birla Group, Flipkart, etc. These companies hire MBA graduates for various roles such as HR Manager, Business Analyst, Investment Banker, Chief Financial Officer, etc.
Q. What kinds of sectors hire MBA graduates in India?
A. With the expansion of industries, MBA graduates are in demand in almost every sector now- a- days such as Retail and Corporate Sector, Banking and Financial Institutions, Media Industry, Hospitality sector, Education field, etc.
Q. Which cities are the best for MBA graduates in India?
A. If you want to work after completing a degree in MBA then cities such as Gurgaon, Bangalore, Mumbai, Delhi, Pune, Chennai, etc. are considered an ideal choices for MBA graduates in India. The above mentioned cities are also epensive for living so it is recommended that you prepare your expence accordingly.
Q. What are some of the core skills required to be an ideal manager?
A. To be an effective manager, one must have various skills including leadership, communication, problem-solving, and decision-making abilities. Here are some essential skills every manager should develop some of the core skills that are critical thinking, problem-solving, logical reasoning, etc.
Q. How can I get a job after completing my MBA course?
A. After completing an Engineering course, candidates should focus on tasks such as joining the alumni network, building an impressive resume, going for internships, exploring industries along with preparing and attending mock interviews to land their dream job.
Q. What is the role of a Product Manager?
A. A Product Manager identifies the customer’s needs and wants and works with the engineering and the designing team to bring a product to life. They are responsible for the development of new consumer goods, business technologies, software platforms, etc. that people use in their everyday lives.
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News & Updates
Student Forum
Answered 21 hours ago
With a 70 percentile in CAT and 58% in graduation, admission to BITS Pilani for MBA may be difficult, as they typically have high cut-offs and look for strong academic performance. BITS Pilani usually requires a higher CAT score (above 90 percentile) and a solid academic record. However, it's worth
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Contributor-Level 10
Answered 21 hours ago
With a CAT percentile of 44.28, getting into top-tier B-schools may be tough, but there are still good options available. You can consider institutes like IMS Noida, Jaipuria Institute of Management, Amity Business School, ITM Navi Mumbai, and LPU Punjab. Other options include Welingkar Institute, B
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Contributor-Level 10
Answered 21 hours ago
IILM University helps MBA Single Specialization students stay updated with the latest developments through various resources. They offer access to industry seminars, guest lectures, and workshops conducted by experts in the field. Additionally, the university encourages students to participate in we
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Contributor-Level 10
Answered 21 hours ago
Yes, IILM University offers opportunities for MBA students, including those with a single specialization, to showcase their work at various events like conferences and seminars. These platforms allow students to present their research and projects to industry professionals and academicians. The univ
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Contributor-Level 10
Answered 21 hours ago
Being one of the most sought-after programs for various reasons, the *MBA/PGDM* programme at the *International Academy of Management and Entrepreneurship (IAME)* is students' favorite for the following reasons:.
# 1. Industry-Oriented Curriculum:
The very extreme and highly sought-after criterion of
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Contributor-Level 10
Answered 21 hours ago
General Admission Process to *MBA/PGDM Program* at *R.G. Kedia College of Commerce* as follows:
# Application Procedure:
1.Eligibility:
Generally, a candidate must have a bachelor's degree in any discipline, preferably from an approved university with a mark percentage of minimum (50%–60%), which may v
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Contributor-Level 10
Answered 22 hours ago
A number of variables, including programme structure employment opportunities and general fit may influence the decision to enrol in Westminster College, Pennsylvania for an MBA degree rather than Geneva College. Westminster may be unique for the following reasons
Reputation and Networking: Westminst
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Contributor-Level 10
Answered 22 hours ago
The final deadline to apply directly for the 2024 MBA programme at G and R Institute of Management and Technology is November 22, 2024. Anyone interested in joining should make sure they complete their application by this date. Typically, the admission process is simple, and students can get a spot
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Contributor-Level 10
Answered Yesterday
Aditya Institute of Management Studies & Research and Indira Schoolakh of Business Studies are reputed management institutes of Mumbai, offer MBA courses with decent ROI. However, candidates can compare both institutes:
B-Schoolakh name | Tuition Fee | Average Package |
---|---|---|
MBA at Aditya Institute of Management Studies & Research | INR 2.6 lakh | INR 4.4 lakh |
MBA at Indira Schoolakh of Business Studies - ISBS | INR 4.2 Lacs - INR 7.2 lakh | INR 4.3 lakh |
*This information is sourced from the official website/ sanctioning body and is s
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Beginner-Level 5
Answered Yesterday
To get into the MBA programme at RMK Engineering College, you need to:
1. Have a bachelor's degree in any field with at least 50% marks (45% for reserved categories).
2. Take an entrance exam like TANCET or another recognised exam.
3. The selection is based on your academic performance, entrance exam s
Answered Yesterday
The MBA programme at RMK College of Engineering and Technology offers 60 seats and costs Rs. 30,000 per annum. The cutoff marks depend on the year and the number of applicants. For admission, you'll need to meet the eligibility criteria and possibly take entrance exams like TANCET. cutoff marks not
Answered Yesterday
AIMS IBS in Bangalore is generally well-regarded for its MBA program
Placements: The school has a strong track record for job placements, with top companies like Infosys, TCS, Wipro, and Jio recruiting students. Graduates have received salary packages up to 30-40 Lacs per annum, with the average bei
Answered Yesterday
The selection criteria for the MBA/PGDM course at Global Business School typically include:
1. Educational Qualification: Candidates must hold a Bachelor's degree from a recognised university with a minimum of 50% aggregate marks. Final year students are also eligible to apply.
2. Entrance Exams: Can
A
Contributor-Level 7
Answered Yesterday
To be eligible for the MBA/PGDM programme at the International Academy of Management and Entrepreneurship (IAME), candidates must meet the following criteria:
1. Educational Qualification: Candidates should have completed a Bachelor's degree from a recognised university with a minimum of 50% aggrega
A
Contributor-Level 7
Answered Yesterday
Currently, no National Institutes of Technology (NITs) offer an MBA programme through distance learning. NITs, including prestigious institutions like NIT Tiruchirappalli, primarily provide full-time, on-campus MBA programs. These programs are highly competitive and require candidates to clear entra
A
Contributor-Level 7
Answered Yesterday
ILAM Bangalore has a strong placement record for its MBA in Aviation Management program. Graduates typically receive an average salary of around Rs 4-5 LPA, with the highest salary reaching Rs 10 LPA. Top recruiters include major airlines and logistics companies like Emirates, Jet Airways, Air India
Answered Yesterday
ILAM Bangalore offers an MBA in Logistics and Supply Chain Management. The institute has 60 students in its annual intake. The programme takes two years to complete. Candidates must have at least a 50% aggregate score in their undergraduate degree. Admission is done based on the performance of the w
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Contributor-Level 8
Answered Yesterday
An Best MBA college in GIBS in Rural Management equips professionals with the skills to address the unique challenges and opportunities in rural areas. It focuses on sustainable development, empowering communities, and enhancing livelihoods. This specialisation combines business acumen with a deep u
G
Contributor-Level 9
Answered Yesterday
Yes, pursuing an MBA course from Vijay Patil School of Management is a good choice if considering the placement opportunities. The key highlights of Vijay Patil School of Management placements for the Class of 2022 and 2023 are tabulated below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
---|---|---|
the highest package | INR 12 LPA | INR 18.5 LPA |
Average package | INR 6 LPA | INR 8 LPA |
Total recruiters | 42 | 20 |
Total student placed | 23 | 19 |
Total offers made | 23 | 19 |
Summer internships | 42 | 173 |
Answered Yesterday
Vijay Patil School of Management has a good track record of placements for its MBA course. The key highlights of Vijay Patil School of Management placements for the Class of 2022 and 2023 are tabulated below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
---|---|---|
the highest package | INR 12 LPA | INR 18.5 LPA |
Average package | INR 6 LPA | INR 8 LPA |
Total recruiters | 42 | 20 |
Total student placed | 23 | 19 |
Total offers made | 23 | 19 |
Summer internships | 42 | 173 |
Answered Yesterday
The course-wise Vijay Patil School of Management average package offered is yet to be released. Meanwhile, check out the overall average package offered during Vijay Patil School of Management placements between 2022 and 2023 in the table below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
---|---|---|
Average package | INR 6 LPA | INR 8 LPA |
Answered 2 days ago
MBA is one of the most popular courses of Vijay Patil School of Management. When it comes to the placements, the institute offers decent placements annually. The course-wise placement details are yet to be released. Meanwhile, check out the key highlights of Vijay Patil School of Management placemen
Answered 2 days ago
Gnanam School of Business offers an MBA on the basis of merit and entrance. Therefore, candidates must secure a minimum aggregate of 50% in graduation and secure a valid score in accepted entrance exams such as CAT/ XAT/MAT/ CMAT/ ATMA and other national level entrance exams. Candidates must appear
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Beginner-Level 4
Answered 2 days ago
Applicants who want to appear in NIPER JEE exam must note that the application fees is same for both the choices MBA or MPharma & MTech. Candidates who are from Gen/OBC/PH/NR have to pay INR 3000 while for the SC and ST categories have to pay INR 1500.
Students must note that if anyone wants to appl
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Beginner-Level 2
Answered 2 days ago
International students can check below the list of top MBA universities in Norway:
Top Universities in Norway | Shiksha Grade 2025 |
---|---|
A+ | |
B+ | |
B | |
C+ | |
NA |
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Beginner-Level 4
Answered 2 days ago
Chaudhary Charan Singh University CUET PG cutoff for the OBC category student was 2893 during the last round in 2023. The CUET PG cutoff remains the same i.e. 2893 across all the categories. The university accepts CUET PG scores for MBA admission. CCSU offers MBA admission via its affiliated college
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Contributor-Level 10
Answered 2 days ago
The last date to apply for MBA admission at Indus Business Academy varies every year depending on the availability of seats. However, the institute has not announced any specific application deadline for MBA admission. Candidates are advised to apply as soon as their graduation results are declared
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Beginner-Level 5
Answered 2 days ago
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Contributor-Level 6
Answered 2 days ago
MBA course is a two-year postgraduate level degree program focusing on Management, Business, and Entrepreneurial concepts. Students can check the list of career options available after completing Jagran Lakecity University Powered by Sunstone:
Job Profiles | Description | Average Salary (in INR) |
---|---|---|
Business Analyst | A Business Analyst is a professional who works within an organisation to analyze, understand, and document the business processes and systems. | 9.5 LPA |
Investment Banker | An Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities. | 5 LPA |
Chief Financial Officer | The CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations. | 47.1 LPA |
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Contributor-Level 6
Answered 2 days ago
IIM Trichy fee structure is cumulative of various components, such as hostel fee, security deposit, tuition fee, and more. The total tuition fee for MBA/PGPM at IIM Trichy range from INR 11.8 Lacs to INR 19.5 lakh. In addition, the one-time fee components cost range from INR 10,000 to INR 30,000. It
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Beginner-Level 4
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I have 58% in my graduation and 70 percentile in CAT. Can I get admission to an MBA at BITS Pilani?