20 Best MBA Degree Jobs That Pay Well
A Master of Business Administration or MBA degree is one of the most popular post graduation courses that it is worth investing in. As it is said in a famous quote, “what you sow is what you reap”. When you have invested in any of the MBA specialisation it will definitely give it returns by offering a higher pay salary. However it also depends on the subject knowledge, skillset and the experience you hold.
The MBA graduates who completed their degrees in 2021 offered six figure salaries as per the Graduate Management Admission Council's 2021 corporate recruiters survey. These figures in the coming future may also be increased more. But choosing the right job is the most important step to start one's career, it becomes more important if it is your first job as it is going to add to your work experience.
Let us now look a the 20 best MBA degree Jobs
Top 20 Best MBA Degree Job | |
Marketing Manager | Supply Chain Manager |
Brand Manager | Computer Application Manager |
Management Consultant | |
Financial Manager | |
Business Development Executive | Media Planner |
Health Services Manager | |
International Business Manager | |
1. Marketing Manager
Marketing Manager plans for marketing programs of the organizations to attract new customers and products. They are responsible for planning and executing campaigns to raise awareness of the company's products and services. This includes designing, managing and evaluating marketing campaigns, analyzing market trends and engaging in social media strategy.
The salary of a Marketing Manager in India ranges from Rs 2.4 lakhs to Rs 23.0 lakhs with an average salary of Rs 7.4 lakhs.
2. Human Resource Manager
The Human Resource Manager's work includes interviewing, hiring, staffing, planning, managing, coordinating, and evaluating human resources within an organization.
The salary of an HR Manager in India ranges from Rs 3.0 lakhs to Rs 18.0 lakhs with an average salary of Rs 7.0 lakhs.
3. Information Technology Manager
An Information Technology Manager is also known as an IT supervisor or an information systems manager. They are responsible for planning, coordinating, and incorporating computer-related activities. The Managers’s job includes evaluating the latest technology, working with engineers, evaluating computers, and communicating with their CIS team about company procedures, goals, and policies.
The salary of an Information Technology Manager in India ranges from Rs 2.4 Lakhs to Rs 23.0 lakhs with an average salary of Rs 7.4 lakhs.
4. Chief Executive Officer (CEO)
The Chief Executive (CEO) is responsible for planning and implementing the company's goals and visions. Looks after the organization's financial and budgetary acts. Manages products and services activities, contracts, agreements and appointments. They analyze the financial statements and sales reports.
The salary of a Chief Executive in India ranges from Rs 5.0 lakhs to Rs 102.0 lakhs with an average salary of Rs 33.4 lakhs.
5. Business Development Executive
Business Development Executives are responsible for the organization's global operations or foreign business. They deal with a team of employees working from different parts of the world. They look after the organization's operations, finance, accounting, marketing and leadership.
The salary of an International Business Development Manager ranges from Rs 4.4 lakhs to Rs 25.2 lakhs with an average annual salary of Rs 10.0 lakhs.
6. Data Analyst
Data Analysts are responsible to develop strategies for analyzing data and identifying opportunities for improving and implementing the set goals of the company. They are responsible for the raw data transformation into the business. Works with data analytics trends and handles a team of analysts.
The Data Analytics Managers salary in India ranges from Rs 8.7 lakhs to Rs 39.7 lakhs with an average annual salary of Rs 20.1 lakhs.
7. Business Analyst
Business Analysts are responsible for developing and implementing the strategies, transforming the raw data, managing and processing the data collection, modelling and analysis. They work with the sales, marketing and product support team and implement the quality of the data.
The Business Analytics Managers salary in India ranges from Rs 8.7 lakhs to Rs 39.7 lakhs with an average annual salary of Rs 20.1 lakhs.
8. Brand Manager
The brand Manager responsibility is to develop a brand strategy for the organization and look after the value of the brand, product or person. They are involved in branding, communication channels, online and offline promotions and conduct market and consumer research.
The Brand Manager salary in India ranges from Rs 3.4 lakhs to Rs 32.1 lakhs with an average annual salary of Rs 12.0 lakhs.
9. Product Manager
The product manager is responsible for the overall business and technology, products, services and softwares. The product manager works with stakeholders, takes feedback from customers and decides product features.
The Product Manager salary in India ranges from Rs 6.0 lakhs to Rs 35.0 lakhs with an average annual salary of Rs 16.2 lakhs.
10. Artificial intelligence Manager
The artificial intelligence Manager is responsible for handling the organization's technical and management services related to Artificial Intelligence and Machine Learning applications.
The artificial intelligence Manager salary is Rs 37.7 lakhs and Rs 44.3 lakhs with an average annual salary of Rs 25 lakhs.
11. Computer Application Manager
An Application Manager was also known as IT professionals are responsible for managing the software applications and systems upgrade of an organization. They look after the access of software applications such as installation, patching and updating. Plans and supervises the installation and upgrading of the hardware and software applications.
A Computer Application Manager salary is Rs 5.2 lakhs to Rs 34.3 lakhs with an average annual salary of Rs 15.3 lakhs.
12. Management Consultant
The management consultant is responsible for the development of the business performance.
They recognize solutions to business problems and suggest changes to implement
The Management Consultant salary in India ranges from Rs 9.5 lakhs to Rs 35.0 lakhs with an average annual salary of Rs 22.0 lakhs.
13. Media Planners
Media Planners are also known as brand planners or strategists. They are responsible for brand advertisements and promotions. They work with clients and help them to understand the media campaigns. They analyze data and research, plan and design ideas, develop clients' media plans, and analyze the data in various media channels.
The Media Planners salary in India ranges from Rs 2.0 lakhs to Rs 9.4 lakhs with an average annual salary of Rs 4.2 Lakhs.
14. Health Services Manager
Health Services Managers are also known as medical service managers or health services management professionals. They help to manage the quality of healthcare services such as organizing people, performance, policy and strategic management, project management, resource and budget management, purchasing and contract management and patient consultation.
The Health Services Manager salary in India ranges from Rs 1.0 lakhs to Rs 16.9 lakhs with an average annual salary of Rs 4.5 lakhs.
15. Investment Bank Manager
Investment Bank Manager is responsible for building client relationships and books. They work with management teams and plan to market and sell the products or services of an organization. They advise them on the best ways for capital raising. They look after the sales and marketing and negotiating and deal-making parts.
The Investment Bank Manager salary in India ranges from Rs 4.4 lakhs to Rs 30 lakhs with an average annual salary of Rs 16.1 lakhs.
16. Financial Manager
As the name Financial Manager is suggesting finance so the Financial Manager is responsible to look after the finances of the company. They work with the team to create accounting and produce financial reports, direct investment activities, cash flow statements, project profit, manage credit, and budget, manage the risk of financial loss, and develop strategies and plans for the company goals.
The Financial Manager salary in India ranges from Rs 3.5 lakhs to Rs 30.0 lakhs with an average annual salary of Rs 13 lakhs.
17. Supply Chain Manager
The Supply Chain Manager is responsible for the management of the flow of goods and services of an organization. Their work includes everything that is for supply be it raw material or the final products. They monitor the timely supply chain and improve productivity by ensuring high-quality material for the company.
The Supply Chain Manager salary in India ranges from Rs 4.8 lakhs to Rs 25.0 lakhs with an average annual salary of Rs 13.8 lakhs.
18. Sales Manager
The sales manager is responsible to lead and supervise a team of sales agents and look after the sales operations of an organization. They set the goals to meet the sales target, and plan and organize budgeting.
The Sales Manager salary in India ranges from Rs 2.2 lakhs to Rs 14.0 lakhs with an average annual salary of Rs 5.0 lakhs.
19. International Business Manager
International Business Manager is responsible for maintaining organisations and business relationships globally. They operate and develop marketing strategies, and analyze and evaluate markets. They cooperate with international procedures and protocols, seek new markets and improve global profitability.
The International Business Manager salary in India ranges from Rs 4.4 lakhs to Rs 25.2 lakhs with an average annual salary of Rs 10.0 lakhs.
20. Purchasing Manager
Purchasing Manager is also known as Purchasing Director responsible for developing purchasing strategies, and procuring goods and services for resale or the company use.
They work for manufacturers, purchase raw or processed, identify the market, plan and purchase orders, maintain purchase records and also work in other supply chain management.
The Purchasing Manager salary in India ranges from Rs 3.0 lakhs to Rs 18.5 lakhs with an average annual salary of Rs 7.0 lakhs.
Let us now look at the top recruiters
If you are thinking which are the best companies that are recruiting MBA graduates. Here is the list of companies from India and Global that are hiring MBA graduates.
Global Companies
- Amazon
- JP Morgan
- Apple
- BCG
- Procter & Gamble
- Goldman Sachs
- Citigroup
- Walt Disney
- Nike
- Unilever
- Tesla
Conclusion
There are many MBA specialisations that pay well for the freshers as well. An average MBA salary in India ranges between Rs 7.0 lakhs to 12.0 lakhs per annum and it can vary depending on the specialisations. We hope this article has answered some of your queries regarding jobs that one can pursue after completing his/her MBA degree.
Frequently Asked Questions (FAQs)
You can choose an MBA course depending on your interest in a particular area. You must check your business skills and experience if you have any.
Investment Banker, Project Manager, Management Consulting, Business Development Manager, Marketing Manager, Health Services Manager, Artificial intelligence Manager, Chief Executive, Business Analyst, Data Analysts, Data Engineering, Information Technology Manager.
Management Trainee
General Manager posts in Bank and other PSUs
Chief Executive Officer
Junior and Senior Executive officer in banks and PSUs
MBA full time (1-2 years)
Part time (2+ years)
Executive MBA (1-2 years)
Online MBA (2+ years)
Distance Education (2-5 years)
5 year-integrated MBA (includes UG and PG degree)
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List of MBA colleges
Questions related to MBA
Hello aspirant,
Yes, MCC has MBA course. The Master of Business Administration (MBA) program at MCC is a two-year postgraduate program. For this course, students need to have a graduation percentage of 50.0%. MCC charges INR 116940 in total tuition for the Master of Business Administration (MBA). There are 120 spots available for this course.
For more information, you can visit our site through following link:
https://www.careers360.com/colleges/madras-christian-college-chennai/courses
Thank you
Hope it helps you
Hi,
Based on the previous year analysis, According to your CAT 2024 percentile some of the best colleges offering MBA and PGDM course in Telangana in which you have chances to get a seat are the following
- GITAM School of Business, Hyderabad
- Institute of Management Technology, Hyderabad
- School of Business Excellence, Hyderabad
- IIRM Hyderabad
- Dhruva college of Management, Hyderabad
For more information about the colleges in which you have chances to get a seat you can predict using MBA college predictor tool provided below
https://bschool.careers360.com/cat-college-predictor
Hope this information will help you
A typical Polytechnic student, holding only a diploma, is generally not eligible to directly pursue an MBA as most programs require a bachelor's degree as a minimum qualification; however, you can often gain entry by first completing a bachelor's degree through a lateral entry program or by opting for an Executive MBA program designed for working professionals with relevant experience of 8 years.
To be eligible for a standard MBA program, most universities require a bachelor's degree from a recognized institution, which a Polytechnic diploma alone does not fulfill the requirement.
You can take admission in EMBA An EMBA program focuses on teaching students how to become more effective managers. The curriculum includes administrative operations and strategic planning. EMBA programs can be offered online, offline, or in a hybrid format but for this you typically need a bachelor's degree from a recognized university with a minimum of 50% aggregate marks, and a significant amount of relevant work experience, usually ranging from 3 to 8 years in a managerial or executive position, depending on the institution; most programs also require taking an entrance exam like GMAT or CAT.
Some MBA colleges also offer direct admission without an entrance exam. To be eligible for direct admission, you must have passed graduation with the required minimum aggregate. You may also need to submit documents such as your class 10, 12, and graduation marksheets, character certificate, migration certificate, transfer certificate, and passport-size photographs. Some colleges are..
1.ISB PGPpro
2.ISB PGPMAX
3.IIMA GMP
4.IIMA SMP
5.IIMC GMP
6.UCLA PGPpro
7.SDA Bocconi IEMB
8.IIM Indore PGPMX
9.IIM Kozhikode EPGP
10.HBS - SELPI
Hello,
Here is a list of the top private business schools in India offering MBA programs , based on various rankings and assessments:
-
Indian School of Business (ISB), Hyderabad
- Renowned for its one-year Post Graduate Program in Management (PGP).
- Emphasizes leadership and entrepreneurship.
- Average placement package: Approximately Rs. 25.71 lakh per annum.
-
XLRI – Xavier School of Management, Jamshedpur
- Known for its Human Resource Management program.
- Average placement package: Around Rs. 24.30 lakh per annum.
-
Management Development Institute (MDI), Gurgaon
- Offers a range of management programs with strong industry connections.
- Average placement package: Approximately Rs. 22.05 lakh per annum.
-
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai
- Focuses on value-based education and innovative pedagogy.
- Average placement package: Around Rs. 26.36 lakh per annum.
-
Symbiosis Institute of Business Management (SIBM), Pune
- Known for its diverse specializations and strong alumni network.
- Average placement package: Approximately Rs. 20.14 lakh per annum.
-
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
- Offers a wide array of management programs with a focus on research and innovation.
- Average placement package: Around Rs. 18.33 lakh per annum.
-
International Management Institute (IMI), New Delhi
- Emphasizes a global perspective in its curriculum.
- Average placement package: Approximately Rs. 13.00 lakh per annum.
-
Institute of Management Technology (IMT), Ghaziabad
- Known for its marketing and finance programs.
- Average placement package: Around Rs. 13.60 lakh per annum.
-
Great Lakes Institute of Management, Chennai
- Offers a one-year PGPM and two-year PGDM with a focus on analytics and digital economy.
- Average placement package: Approximately Rs. 10.40 lakh per annum.
-
Xavier Institute of Management (XIMB), Bhubaneswar
- Known for its rigorous academic environment and strong industry linkages.
- Average placement package: Around Rs. 15.42 lakh per annum.
Hope it helps !
CAT exam is conducted every year for purpose of admission to various prestigious business school and management institutes in India. The exam is also considered among toughest entrance exams in India. The exam rats the logical skills of the candidates. You can get the college list based on your CAT score by simply visiting CAT College Predictor 2024