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.
Popular Exams
19 Dec ' 24 | CAT 2024 result announcement |
3 Dec ' 24 - 5 Dec ' 24 | CAT 2024 answer key challenge |
24 Dec ' 24 - 2 Mar ' 25 | MAT 2024 Registration Process PBT (February) |
24 Dec ' 24 - 9 Mar ' 25 | MAT 2024 Registration Process CBT (February) |
5 Jan ' 25 - 10 Jan ' 25 | NMAT 2024 Scheduling Window (second phase) |
5 Jan ' 25 - 10 Jan ' 25 | NMAT 2024 Registration Window (second phase) |
25 Dec ' 24 - 25 Jan ' 25 | MAH CET 20245 registration process |
Mar '25 | MAH MBA CET 2025 TENTATIVE |
Most Popular Courses
Popular Courses
- MBA in Food and Agri Business ManagementIIM Ahmedabad - Indian Institute of Management
- Master of Business Administration (MBA)IIM Ahmedabad - Indian Institute of Management
- Master of Business Administration (MBA)IIM Bangalore - Indian Institute of Management
- PGDM in Human Resource ManagementXLRI Xavier School of Management
- PGDM in Business ManagementXLRI Xavier School of Management
- Master of Business Administration (MBA)Symbiosis Institute of Business Management, Symbiosis International, Pune
- MBA in Innovation and EntrepreneurshipSymbiosis Institute of Business Management, Symbiosis International, Pune
- Post Graduate Program in Management (PGPM)IIM Kozhikode - Indian Institute of Management
- Post Graduate Program in Liberal Studies and Management (PGP-LSM)IIM Kozhikode - Indian Institute of Management
- MBA in Telecommunication Systems ManagementDepartment of Management Studies, IIT Delhi
Popular MBA (Masters of Business Administration) Specializations
Popular Specializations
- Finance
1808 Colleges
- Sales & Marketing
1804 Colleges
- Human Resources
1719 Colleges
- IT & Systems
821 Colleges
- Operations
759 Colleges
- International Business
632 Colleges
- Business Analytics
552 Colleges
- Supply Chain
420 Colleges
- HealthCare & Hospital
401 Colleges
- Entrepreneurship
286 Colleges
Popular MBA (Masters of Business Administration) Colleges in India
Popular Private MBA (Masters of Business Administration) Colleges in India
Top Ranked Colleges by Location
News & Updates
Student Forum
Answered 22 hours ago
Admission at UEI Global, Pune are expected to begin soon for the MBA programme. Interested candidates can apply by visiting the official website. The selection for MBA programme is based on the candidates' performance in their academics. Candidates can stay updated with the admission dates to avoid
J
Beginner-Level 5
Answered 20 hours ago
GIBS Bangalore offers a PGDM program, often considered equivalent to an MBA. It's designed to be industry-focused, with an emphasis on practical learning and entrepreneurial skills. The curriculum includes case studies, industry projects, and a focus on developing soft skills alongside core manageme
G
Contributor-Level 9
Answered Yesterday
The student generally can get admission in NIT raurkela , on the basis of CAT score obtained by the candidates .No particular cut off are decleared by the insritute. For general category approx 70 percentile and around 60 percentile for reseerved category Academy qualification marks should be obtain
A
Beginner-Level 5
Answered Yesterday
Yes, pursuing an MBA at LEAD college of management can be worth it, as the college has good placement record an ofer a varity of opportunity for student.
LEAD colleges of management has a strong placement record. with some students reporting that over90% of their batch got placed. In 2023 the colleg
A
Beginner-Level 5
Answered Yesterday
Fee of MBA course of this college for one year is 67000 and total fee is charged by the college is134000 for this course.
A
Beginner-Level 5
Answered Yesterday
LEAD college og management ofers admissions based on entrance and merit. The institute offers courses such as MBA AND MCA for duration 2 year full timemode.
Candidates must have minimum marks of 50% in graduation from a recognised university or college. Apart from this, candidates must obtained vali
A
Beginner-Level 5
Answered Yesterday
There are many best institutes that provide MBA courses in Gujarat that are much better than the others in terms of academic curriculums, placements, and industry exposure. Hence, here is a brief overview of the education programme for an MBA in Gujarat.
-
# Best MBA Colleges in Gujarat
1. Indian Inst
S
Contributor-Level 10
Answered Yesterday
MBA course at the MNIT, Jaipur cut-offs are also taken based upon CAT scores, and the cut-offs differ with year and the intakes along with their respective percentiles in the CAT with reserved seats for all categories.
### Recent MNIT Jaipur Cut-off Details Regarding MBA of 2023-25 Batch
Admission off
S
Contributor-Level 10
Answered Yesterday
LEAD College of Management admission process entails application process that is conducted online. Candidates must fill out the online application form and register for candidature. For the final admission, shortlisted candidates will be required to appear for group discussion and personal interview
U
Beginner-Level 4
Answered Yesterday
Hi Kshama,
If you are looking for an MBA admission counsellor, I recommend visiting the official websites of universities or MBA coaching institutes. Most reputed B-schools provide admission helplines for queries related to eligibility, entrance exams, and the application process.
Alternatively, you
A
Contributor-Level 9
Answered Yesterday
Hi Anish,
To apply for an MBA programme in 2025, you generally need to meet the following eligibility criteria:
- Educational Qualification: A bachelor's degree in any discipline with at least 50% marks (or equivalent CGPA). Some institutes may have specific requirements based on your undergraduate co
A
Contributor-Level 9
Answered Yesterday
Dear Sanskruti,
I understand your concern regarding the scheduling conflict between your TY Mumbai University exams and the MAH MBA CET exams in March 2025. Here's some information that might help:
MAH MBA CET 2025 Exam Dates:
- Scheduled for March 17, 18, and 19, 2025.
Mumbai University TY Exam Dates
A
Contributor-Level 9
Answered 2 days ago
International students can pursue the top-ranked MBA programme at Texas A&M. The duration of the MBA programme at the university is 38 weeks to 24 months. Texas A&M MBA fees is INR 15 L to INR 97 L for the first year.
L
Beginner-Level 5
Answered 2 days ago
The Xaviers Institute of Business Management Studies offers a fast-tracked Executive MBA online that is for 6 months. This is an ISO-certified programme, costing around INR 49500+18% GST with coverage of industry-trending topics, including business ethics, operations management, and a specialisatio
S
Contributor-Level 9
Answered 2 days ago
Yes, you can complete an eMBA online in one year from some institutions. One of the finest options is from SSBM (Swiss School of Business and Management) Geneva. This institute provides a self-paced 12-month interactive learning eMBA program in a 100% online mode, where students have to earn at leas
S
Contributor-Level 9
Answered 2 days ago
Yes, MBA is available at Mangalmay Institute of Management and Technology. The college offers entrance-based admission and has a total of 360 seats. Candidates seeking admission to MBA must have a Bachelor's degree in relevant discipline with 50% aggreagte from a recognised university. Further, cand
S
Contributor-Level 6
Answered 2 days ago
The Neotia University MBA course is a two-year programme. The total fee payable over the course duration is INR 3.89 lakh. It includes a tuition fee of INR 3.6 lakh, which is payable in semesterly instalments of INR 90,000. Another fee components is a one-time fee of INR 29,000 payable at admission.
H
Contributor-Level 10
Answered 2 days ago
The top industries Carnegie Mellon (Tepper) MBA graduates got the placements are Consulting, Consumer Packaged Goods, and Financial Services, with Consulting industry offering the highest average packages USD 192,000 (INR 1.64 Cr).
Below table sheds more light on the professional functions Tepper MBA
L
Beginner-Level 5
Answered 2 days ago
Yes, GMAT is required as part of the Tepper MBA admission process.
The below mentioned are the average scores for the exams Tepper MBA 2026 class had:
Tepper School of Business Academics (MBA Class 2026) | Data |
---|---|
GPA (On a scale of 4.0) | 3.26 |
GMAT | 697 |
GRE | 323 |
M
Beginner-Level 5
Answered 2 days ago
Tepper School of Business Admission Process 2025:
Step 1-Choose a program: International students have to choose a programme among various Under graduate, MBA, and certificate programs and the eligibility criteria.
Step 2- Fill out the application form on the official website of the College
Step 3-Pay
L
Contributor-Level 9
Answered 2 days ago
The course fee varies at Tepper School of Business for different programs. The Carnegie Mellon MBA Tuition is for the first academic year excluding the living expenses. The fee has to be paid –semester-wise. The duration of Full-time MBA at Carnegie Mellon University is 2 years.
The Tepper MBA applic
B
Beginner-Level 5
Answered 2 days ago
Yes, MBA from Bright Business School is worth pursuing. Bright Business School popular programme is MBA. MBA students can become Managers or can even go for other profiles such as Marketing, Sales, and others. Students going for the Bright Business School MBA course get the following benefits:
- Engage
I
Beginner-Level 5
Answered 2 days ago
The mode of Bright Business School course admissions is online. Admission to various programmes such as MBA is based on merit and other criteria decided by the college. Candidates willing to get admission must first go for registration or application. Fill out the complete registration or applicatio
A
Beginner-Level 5
Answered 2 days ago
The course fee varies at Tepper School of Business for different programs. The Carnegie Mellon MBA Tuition is for the first academic year excluding the living expenses. The fee has to be paid –semester-wise. The duration of Full-time MBA at Carnegie Mellon University is 2 years.
The Tepper MBA applic
V
Beginner-Level 5
Answered 2 days ago
Tepper School of Business is the B-School of Carnegie Mellon University which is a well renowned and among the best universities around the world. The MBA from Tepper has an analytics focused curriculum which is also STEM certified, by the help of this Managment degree, the students can stay in the
D
Beginner-Level 5
Answered 2 days ago
Chandigarh University offers MBA course across different specialisations. The courses are offered in a full-time and online modes. Admission to these courses is through CUCET. Mentioned below are the available course specialisations:
- Business Analytics in association with IBM
- Tourism, Hospitality, and
M
Contributor-Level 9
Answered 2 days ago
The course fee varies at Tepper School of Business for different programs. The Carnegie Mellon MBA Tuition is USD 78,362 (INR 67.1 L) for the first academic year excluding the living expenses. The fee has to be paid –semester-wise. The duration of Full-time MBA at Carnegie Mellon University is 2 ye
L
Beginner-Level 5
Answered 2 days ago
Applications to the MBA at Narsee Monjee Institute of Management Studies, NMIMS, are now open from January 3, 2025. It includes details like admission and fees, cut-off, and many other eligibility criteria-related information.
*Admission Schedule*
Closing Date of Application: Oct 30, 2024
Registrati
S
Contributor-Level 10
Taking an Exam? Selecting a College?
Find insights & recommendations on colleges and exams that you won't find anywhere else
On Shiksha, get access to
- 63k Colleges
- 966 Exams
- 616k Reviews
- 1450k Answers
Is admission at UEI Global, Pune open for MBA?