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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Student Forum
Answered 17 hours ago
Hi Mansi,
A distance MBA can be worth it if it's from a recognised university like IGNOU, NMIMS, or Symbiosis, as it adds value to your profile and enhances skills like management and decision-making. For government or bank exams, an MBA may give you an edge in certain roles, but the focus should be
A
Contributor-Level 9
Answered 23 hours ago
International students must complete a bachelor's degree first to get admission to the Macquarie University MBA program. They must also meet the English language requirements to get into the university. Mentioned below are general Macquarie University MBA admission requirements for international stu
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Contributor-Level 6
Answered Yesterday
No, meeting the CAT cutoff percentile is not the only criteria for admission. IIM Lucknow admission is a two-stage process. In the first stage, candidates are shortlisted for the WAT and PI round on the basis of their performance in the CAT, scholastic achievement, and relevant work experience. In t
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Contributor-Level 10
Answered Yesterday
The IIM Lucknow CAT qualifying cutoff 2024 has been released for admission to PGP, PGP-ABM, and PGP-SM courses for different categories. For 2025 admission, the IIM Lucknow PGP-ABM qualifying CAT cutoff is 85 percentile (overall) for the students belonging to the general category in the AI quota. Fo
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Contributor-Level 10
Answered Yesterday
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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 MBA from Chaitanya University:
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 |
P
Contributor-Level 8
Answered Yesterday
The duration of an MBA at SETU varies based on the specialisation of the course being pursued.
An MBA in Economics and Finance has a duration of 1 year with annual fee €14,000 (INR 12.5 L), while an MBA in Marketing has duration between 1-2 years with similar annual fee.
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Contributor-Level 10
Answered Yesterday
Yes dear, but it's Also depends upon your merit.THANKS
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Beginner-Level 1
Answered Yesterday
Some of the best countries to study MBA beyond Canada without GMAT are the United Kingdom, the USA, Australia, New Zealand, and France. It's crucial to check the exact prerequisites of the programmes you are interested in since entrance standards and criteria differ by institution.
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Beginner-Level 5
Answered Yesterday
The average tuition fee for study MBA in Canada is from CAD 30,000 to CAD 115,000 per year, excluding the cost of living. The total 1st-year average cost to study is Rs 31.51 lakhs. Depending on the institution and programme you select, as well as variables like location and living expenditures, the
Answered Yesterday
Check the precise prerequisites of the programmes you are interested in as admission requirements for an MBA in Canada without GMAT differ per institution. However, some Canadian universities and business schools may admit students into MBA programmes without the GMAT if they meet additional require
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Beginner-Level 5
Answered Yesterday
Yes, admission into MBA in Canada without GMAT and work experience is possible in some universities. Some of these universities are
- Thompson Rivers University
- Cape Breton University
- Brock University
- Vancouver Island University
The specific prerequisites of the programmes you are interested in should be c
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Beginner-Level 5
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To get into Chaitanya University for an MBA course, candidates must meet the eligibility criteria set by the university. Students must pass graduation with a minimum of 50% aggregate (45% aggregate for reserve category). Chaitanya University offers full-time MBA courses of two years' duration. Stude
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For MBA course admission, candidates must meet the eligibility criteria set by the university. Aspirants should pass graduation with a minimum 50% aggregate. The admission criteria for the course is entrance-based. The Full Form of MBA is Master of Business Administration which is a two-year PG degr
Answered Yesterday
For admission to the MBA course at Chaitanya University, students need to fulfil the minimum eligibility criteria in the first place. The selection criteria for this course is entrance-based i.e., TSICET/Other State Entrance Tests recognised by UGC/Eligibility Test through our At-Home-Exam/Chaitanya
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Contributor-Level 8
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Department of Management Studies, IIT Delhi, has released the last date to apply for E-MBA admission. Candidates seeking admission to the academic year 2025-26 must submit their applications before April 15, 2025. They can visit the official website of DMS IIT Delhi to submit an application. The ap
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Contributor-Level 10
Answered Yesterday
Hi Tulsi,
Ahmedabad offers several reputable MBA colleges that accept CMAT scores for admissions. Here are some top institutions to consider:
Shanti Business School (SBS): Known for its industry-oriented curriculum, SBS offers a range of management programs and accepts CMAT scores for MBA admissions
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Contributor-Level 9
Answered Yesterday
Hi Tulsi,
For MBA admissions in India, several entrance exams are commonly accepted by business schools. After clearing these exams, candidates typically undergo further selection processes, including Group Discussion (GD), Personal Interview (PI), and Written Ability Test (WAT). The specific requir
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Contributor-Level 9
Answered Yesterday
Yes, Reservation is provided in MBA HR to the candidates who belongs to SC, ST, OBC, PwD, and EwS categories. For more information about the reservation olicies of different Universities and Colleges, the candidates can check the official website of the University/ College.
M
Beginner-Level 5
Answered Yesterday
While MBA in HR can open opportunities for various good job roles in Human resourses, getting an additional Certificatecan be more beneficial. You can consider to study following Courses:
Top Courses after MBA HR | Different types under MBA HR Courses |
---|---|
Certification Courses |
|
PhD Courses | Completed 3-5 years of extensive study on the selected course |
A
Beginner-Level 5
Answered Yesterday
MBA in Human Resources Admission is based on either numerous admission tests such as the CAT, MAT, SNAP, CMAT, and others, or on merit. After passing the entrance tests, the student must go through a Group Discussion and Personal Interview Round to be further screened. Students need to hold their b
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Beginner-Level 5
Answered Yesterday
After completing an MBA in Human Resources Management, you may want to further enhance your skills, knowledge, or career prospects by taking additional courses or certifications in specialised areas of HR or related fields.
Here are some post-MBA courses and certifications you can consider:
- Certified
P
Beginner-Level 5
Answered Yesterday
Montpellier Business School MBA fees is around INR 13 L to INR 15 L, which vary as per the specializations. The table below includes popular MBA specializations at the university with first-year fees:
MBA Specializations | First-Year Fees |
---|---|
MSc in Digital Marketing & Omnichannel Strategy | INR 15.07 L |
MSc Complex Project Management | INR 15.07 L |
Master in Management by Programme Grande Ecole | INR 12.93 L |
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Contributor-Level 6
Answered Yesterday
MAKAUT has over 10+ affiliated colleges offering MBA courses. This amounts to an intake of 3000+ seats for the MBA programme. Some of the colleges with prominent seat intakes include St. Mary's Technical Campus, the Institute of Engineering and Management, AIM (Army Institute of Management, and Bhar
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Contributor-Level 10
Answered Yesterday
MAKAUT offers a total of 3870 seats for its MBA programme. These seats are distributed among more than more than 10 affiliated colleges of the university. Some of the colleges included are St. Mary's Technical Campus, Institute of Engineering and Management, AIM (Army Institute of Management), Bhara
S
Contributor-Level 10
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International students must have a bachelor's degree in a relevant discipline to study Montpellier Business School MBA. They must also meet the English language requirements if their first language is not English to get into the university. Mentioned below are the general requirements for Montpellie
Answered 2 days ago
Studying MBA in HR can be beneficial as it provides:
- Specialized Knowledge: An MBA in Human Resource Management provides in-depth knowledge of HR functions, such as talent acquisition, performance management, organizational behaviour, and strategic HR planning.
- Career Opportunities: MBA in HR Managem
K
Beginner-Level 5
Answered 2 days ago
Completing an MBA in Marketing from VMOU enables students to get jobs across various industries. Fresh MBA graduates seeking entry-level positions can expect a salary range starting from INR 3-4 LPA. The below table showcases some common jobs and industry-based average salaries offered to students o
S
Contributor-Level 10
Answered 2 days ago
For admission to MBA courses, VMOU accepts valid MAT scores Thus, candidates seeking admission to the MBA programme can register and appear for the MAT exam. As per official sources, the 2025 session of the MAT exam is scheduled to be held on Mar 9, 2025.
S
Contributor-Level 10
Answered 2 days ago
The roles offered during Sushant University MBA placements in recent past is listed below:
Product Manager | Account Manager |
Financial Analyst | Training & Development Manager |
Business Development Manager | Brand Manager |
Social Media Analyst | Sales Manager |
SEO Expert | Auditor |
Financial Researcher |
|
N
Contributor-Level 7
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i am pursuing MBA from distance education and further decided to preparation of government exams or banks exams. is distance MBA worth it