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 (2023- 24) |
---|---|
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 (2023- 24) |
---|---|
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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Student Forum
Answered 20 hours ago
If a student chooses direct admission, they must adhere to the institution-specific selection procedure. First, the candidate must register on the college's website (online) or on campus (offline) and submit an application for admission. Each institution's application form is different. Additionally
K
Contributor-Level 9
Answered 21 hours ago
Master of Business Administration which is a 2-year PG degree designed to equip students with advanced skills and knowledge in business management and leadership. Students can check the list of career options available after completing MBA from IBMR Group of Institutions:
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. | INR 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. | INR 5 LPA |
Chief Financial Officer | The CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations. | INR 47.1 LPA |
Product Manager | A Product Manager is a professional responsible for overseeing the development, strategy, and success of a product throughout its lifecycle. | INR 24.7 LPA |
I
Beginner-Level 3
Answered 21 hours ago
Listed below are the documents that are required to be uploaded for the DAVV Indore MBA counselling process:
- Photographs
- Admit Card
- CET Result Downloaded from website
- Marksheet
- Transfer Certificate and Migration Certificate
- Caste Certificate
- Income certificate for SC/ST/OBC (excluding creamy layer)
- MP Domic
S
Contributor-Level 10
Answered 21 hours ago
The application for DAVV Indore MBA admissions can be submitted online. The steps to apply are as follows:
1. Go to the official website of the university and click on the 'Admission Open' banner.
2. Register and make a new account.
3. Login and fill out the form.
4. Pay the application fee and submit t
S
Contributor-Level 10
Answered 22 hours ago
To apply for the MBA/PGDM programme at Swayam Siddhi College of Management and Research (SSCMR), follow these simple steps:
Check Eligibility: Make sure you have a Bachelor's degree with a minimum required percentage (usually around 50%).
Entrance Exam: Take an entrance exam like MAT, CAT, or CMAT, as
R
Contributor-Level 10
Answered 22 hours ago
MBA/PGDM at Swayam Siddhi College of Management and Research (SSCMR) is a smart choice for several reasons:
Relevant Curriculum: The programme focuses on current business trends and real-world management skills, preparing students for the industry.
Experienced Faculty: The faculty is knowledgeable and
R
Contributor-Level 10
Answered 22 hours ago
The selection for the MBA/PGDM course at Swayam Siddhi College of Management and Research (SSCMR) is based on a few key steps:
Eligibility: You need a Bachelor's degree with a minimum percentage (usually around 50%).
Entrance Exam: You'll need to have a valid score from an entrance exam like CAT, MAT,
R
Contributor-Level 10
Answered 22 hours ago
For MBA course admission, candidates must meet the eligibility criteria set by the institute. Aspiarnts should pass graduation with minimum 50% aggregate. The institute offers full time regular MBA (Dual Specialization, Affiliated by MDU, Rohtak) + PGPM (Industry Synergized). The admission criteria
P
Beginner-Level 3
Answered 22 hours ago
IBMR Group of Institutions admission to the MBA programme is made if candidates meet the minimum eligibility requirement set by the institute. For admission to the MBA programme at IBMR Group of Institutions, candidates must have pass graduation with a 50% aggregate. Candidates appearing in the fina
S
Beginner-Level 3
Answered 22 hours ago
The application process for the MBA course at Sanskriti University is conducted in both online and offline mode. For the online application process, candidates are required to visit the official website of SU Mathura. For the offline application process: send the duly filled application form either
R
Beginner-Level 3
Answered 22 hours ago
For admission to the MBA course at IBMR Group of Institutions, students need to fulfil the minimum eligibility criteria in the first place. The selection criteria for this course are entrance-based and candidates must pass graduation from any recognised state/national board with a minimum 50% aggreg
R
Beginner-Level 4
Answered 23 hours ago
There are about 45+ Diploma in MBA Colleges in Kolkata. Some of them are mentioned below along with their tuition fees:
College Names | Tuition Fee |
---|---|
IIM Calcutta - Indian Institute of Management | INR 25 lakh |
International Management Institute | INR 14 lakh |
Indian Institute of Social Welfare and Business Management | INR 3 lakh |
Calcutta Business School | INR 7 lakh |
ISB&M - International School of Business and Media | INR 9 lakh |
T
Contributor-Level 10
Answered Yesterday
BBA + MBA at Sanskriti University is an integrated course with a duration of five years. The primary eligibility criteria for admissions to this course is candidates must qualify for Class 12 with a minimum of 50% marks in the best four relevant subjects. Additionally, either the admission could be
V
Contributor-Level 10
Answered Yesterday
To get admission into MBA courses at Sanskriti University, candidates must register themselves on the official website of the university, fill out the application form online or offline at their convenience, and pay the application fees of the course followed by a registration charge.
1. According t
I
Beginner-Level 3
Answered Yesterday
Yes, applicants without a BBA degree can pursue MBA courses at Sanskriti University. The basic eligibility criteria that the university requires that candidates must complete their graduation in any stream with a minimum of 50% aggregate. However, in some universities or colleges BBA degree must be
K
Beginner-Level 3
Answered Yesterday
The basic eligibility criteria required to get admission to the MBA course at Sanskriti University is candidates must qualify their Class 12 and graduation with at least an aggreate of 50%. Additionally, for admission to this course, the university accepts the scores of the CAT/ MAT/ X-MAT/ NMAT ent
C
Beginner-Level 3
Answered Yesterday
Yes, Jagan Institute of Management PGDM is AICTE-approved, NBA accredited and granted equivalence to an MBA degree by the Association of Indian Universities (AIU). JIMS also has International Accreditations like SAQS, and AACSB (South Asian Quality Standards) for imparting excellence in education wh
B
Contributor-Level 10
Answered Yesterday
The terms and conditions of applying for MBA scholarships at Sanskriti University vary according to the type of scholarship the student is applying for. Some of the general terms & conditions before applying for Sanskriti University MBA scholarships are:
- Candidate should have passed in all the subje
I
Beginner-Level 3
Answered Yesterday
Yes, Sanskriti University offers SUNAT scholarships for its MBA programme. SUNAT scholarships are basically the scholarships provided by the university that can give 100% scholarships on tuition fees. Candidates must pass the Sanskriti University National Aptitude test in order to be eligible for th
R
Beginner-Level 3
Answered Yesterday
According to the official JIMS website, both MBA and PGDM are postgraduate courses in Management. A postgraduate degree can be awarded by a University, whereas an autonomous institution can only offer the PGDM programme. JIMS specifically provides PGDM courses. In comparison Autonomous institutions
N
Beginner-Level 3
Answered Yesterday
According to the information available on the official website of the university- 85% students of MBA course has been placed in the placement drive. Additionally, the average package offered by the university to MBA graduates is INR 6.20 LPA. A total number of 200 companies have been visited for cam
A
Beginner-Level 4
Answered Yesterday
To get admission to the *MBA in Finance* at *Panache Academy, Vadodara* without appearing for an entrance exam, you may need to fulfill the specific admission criteria set by the institute. Many private institutions like Panache Academy offer direct admission based on academic performance, such as a
S
Contributor-Level 6
Answered Yesterday
As of the latest available information, I do not have real-time details on the exact admission status for the MBA program at **Annamacharya Institute of Technology and Sciences (AITS)**. To determine if admissions are still open, I recommend visiting the official AITS website or contacting their adm
S
Contributor-Level 6
Answered Yesterday
Several countries offer affordable MBA programs with decent placement opportunities for international students. *Germany* is one of the top choices, with many public universities offering MBA programs at low tuition fees or even free tuition for international students, particularly in public institu
S
Contributor-Level 6
Answered Yesterday
The total tuition fee for MBA programme offered at SIBM Pune ranges between INR 17.2 lakh and INR 24.2 lakh. It is inclusive of various components, such as the tuition fees, admission fees, caution deposit, etc. Students are required to pay some of these components only once at the time of admission
V
Contributor-Level 10
Answered Yesterday
The MBA in Digital Marketing programme at Sanskriti University gives students the skills and information they need to develop successful digital marketing strategies. Some of the career opportunities available after completing the course are:
- Market Research Analyst
- Brand Manager
- Sales Manager
- Public R
A
Beginner-Level 3
Answered Yesterday
The Times and Business Today have ranked Sanskriti University's MBA programme for the past two years, 2022 and 2023. Although there is currently no ranking for 2024, the MBA programme at SU Mathura shows improvement in 2023, as it was ranked 101 by the Times in 2022 and 79 in 2023. Additionally, in
P
Beginner-Level 3
Answered Yesterday
Yes, there are certain seats reservation policies for different reserved categories students who has got admitted to the school's any programme. Below-mentioned is the reservation policy for SIMS Pune MBA:
Seat Reservation | Category |
---|---|
80% seats | Defence Open |
10% seats | Defence Special |
10% seats | Open/ Industry Sponsored |
*This information is sourced from the official website/ sanctioning body and is subject to cha
R
Beginner-Level 3
Answered Yesterday
Yes, it is worth pursuing MBA at Lexicon Management Institute of Leadership & Excellence as it is approved by the All India Council of Technical Education (AICTE) and offers three full-time programmes under Management studies such as PGDM and Global MBA. The college has a panel of guest lecturers to
N
Beginner-Level 1
Answered Yesterday
The selection criteria for the MBA/PGDM course at Parle Tilak Vidyalaya Association's Institute of Management (PTVAIM) are as follows:
1. Eligibility: Candidates must have a minimum of 50% marks in a bachelor's degree from a recognised university.
2. Entrance Exams: Candidates need to appear for entr
A
Contributor-Level 6
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