MBA Job Opportunities, Salaries, Top Recruiters, Scope
Master of Business Management (MBA) is a great career to choose as a post graduation. Students who are looking for a post graduation course in business or management field can opt for an MBA course. MBA offers various specialisations like HR, Marketing and Health Management. Accounting, Business Management, Operations Management and Logistics and Supply Chain Management. Retail Management, Agribusiness, Business analytics, Entrepreneurship, Finance and several others. Let us now look at MBA job opportunities, salaries, top recruiters and scope in this article.
MBA Job Opportunities
According to the Graduate Management Admission Council's 2021 corporate recruiters survey the MBA graduates who completed their degrees in 2021 offered six figure salaries. Most important reason for pursuing an MBA is the increased salary while there are some other reasons also.
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. Before applying for a job students must observe and choose the right job as per their interest, skills and experience. Choosing a right job is the most important step to start one's career, it becomes more important if it is your first job.
Here are some of the MBA specialisations and their salaries in India
| MBA Specialisations | Salary |
|---|---|
Estimated Rs 3.5 lakhs to Rs 30.0 lakhs | |
Estimated Rs 2.4 Lakhs to 23.0 lakhs | |
Estimated Rs 3.0 lakhs to Rs 18.0 lakhs | |
Estimated Rs 7.9 lakhs to Rs 12 lakhs | |
MBA in Computer Application | EstimatedRs 2.4 lakhs to Rs 23.0 lakhs |
MBA in Entrepreneurship | Estimated Rs 5.0lakhs to Rs 20 lakhs |
MBA in Information Technology | Estimated Rs 5.0lakhs to 12 lakhs |
Estimated Rs 5.0lakhs to 25 lakhs | |
Estimated Rs 2.9 lakhs to 25 lakhs | |
Estimated Rs 1.0 lakhs to Rs 16.9 lakhs | |
Estimated Rs 3.0 lakhs to Rs 12 lakhs | |
Estimated Rs 4.5 lakhs to Rs 15 lakhs | |
MBA in Business Analytics | Estimated Rs 1.4 Lakhs to Rs 32.1 Lakhs |
Estimated Rs 2.4 Lakhs to Rs 23.0 lakhs | |
MBA in Event Management | Estimated Rs 4.5 lakhs to Rs 15 lakhs |
Estimated Rs 3.0 lakhs to 18.5 lakhs | |
MBA in Agri Business | Estimated Rs 4.0 lakhs to Rs 15.0 lakhs |
Estimated Rs 1.4 lakhs to Rs 32.1 lakhs | |
MBA in Risk Management | Estimated Rs 3.0 lakhs to Rs 23.0 lakhs |
MBA in Infrastructure | Estimated Rs 4.1 lakhs to Rs 31.7 lakhs |
MBA in Real Estate | Estimated Rs 0.7 lakhs to Rs 20.4 lakhs |
MBA in Oil & Gas Management | Estimated Rs 3.8 lakhs to Rs 20.1 lakhs |
MBA in Tea Management | Estimated Rs 9.0 lakhs to Rs 11.5 lakhs |
Estimated Rs 1.2 lakhs to Rs 18.9 lakhs | |
MBA in Brand Management | Estimated Rs 3.5 lakhs to Rs 32.0 lakhs |
Estimated Rs 3.0 lakhs to Rs 27.9 lakhs | |
MBA in Design Management | Estimated Rs 3.5 lakhs to Rs 32.0 lakhs |
MBA in Disaster Management | Estimated Rs 9.6 lakhs to Rs 31.3 lakhs |
MBA in Logistics and Supply Chain | Estimated Rs 12 lakhs to 13 lakhs |
Estimated Rs 3.3 lakhs to Rs 26.0 lakhs | |
MBA in Architecture | Estimated Rs 3.0 lakhs to Rs 40.0 lakhs |
Estimated Rs 2.5 lakhs to Rs 19.2 lakhs | |
MBA in Pharmaceutical | Estimated Rs 0.7 lakhs to Rs 11.3 lakhs |
MBA in Technology or Systems | Estimated Rs 3.9 lakhs to Rs 25.2 lakhs |
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
- Apple
- JP Morgan
- Microsoft
- Deloitte
- Nike
- Barclays
- ICICI Bank
- Wipro
- IBM
Scope for MBA Graduates
MBA degree has a lot of scope for the students. There are various job opportunities available for the students soon after they complete their MBA like Financial Analyst, Product Manager, Marketing Manager, Sales Manager, Human Resource Manager, Credit Risk Management Analyst, Business Analyst Business Development Manager, Consulting SAMA SBD Strategy, Commercial Finance Executive, Financial Planning & Analysis, Business Operations and many more.
If you have some work experience then you can apply for these positions such as Brand Partnership Manager, Supply Chain System Manager, Public Relations Officer, Ad Strategy Manager, Marketing Officer, Digital Marketing Manager and many more.
Top MBA Jobs
Marketing Manager
Marketing Manager plans for marketing programs of the organisations 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, analysing market trends and engaging in social media strategy.
The salary of a Marketing Managers in India range from Rs 2.4 lakhs to Rs 23.0 lakhs with an average salary of Rs 7.4 lakhs.
Human Resource Manager
The Human Resource Manager works includes interviewing, hiring, staffing, planning, managing, coordinating, and evaluating human resources within an organisation.
The salary of a HR Manager in India ranges from Rs 3.0 lakhs to Rs 18.0 lakhs with an average salary of Rs 7.0 lakhs.
Data Analyst
Data Analysts are responsible to develop strategies for analysing data, identify 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 between Rs 8.7 lakhs to Rs 39.7 lakhs with an average annual salary of Rs 20.1 lakhs.
Chief Executive Officer (CEO)
The Chief Executive (CEO) is responsible for planning and implementing the company's goals and visions. Looks after the organisation's financial and budgetary acts. Manages products and services activities, contracts, agreements and appointments. They analyse 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.
Conclusion
Various specialisations in MBA are a gateway to enter into a high pay salary. Specialisations help students to get expert or experienced on a particular topic or subject in which they can find their job. It is not only becoming an expert but it is also easy for the recruiters to select the candidates with relevant knowledge and experience.
Frequently Asked Questions (FAQs)
The average salary for MBA in Finance in India is Rs. 6.78 lakhs per annum. MBA Finance work involves tax planning, investment, resources, management, banking, control, review, collection, resources money.
You can apply in the areas like marketing & sales, finance, operations, information technology, real estate, international business and human resources. These are highly paid jobs in MBA.
You can apply in the areas like marketing & sales, finance, operations, information technology, real estate, international business and human resources. These are highly paid jobs in MBA.
MBA stands for Master of Business Administration. To opt for an MBA course, you will need a bachelor's degree with any specialization with a minimum of 50 per cent marks.
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Questions related to MBA
MBA is a two year postgraduate programme that includes accounting, management , finance etc. MBA curriculum focus on planning, leadership, business strategy , organisation behavior etc. To be eligible for MBA, candidates must have passed UG course with a minimum of 50% marks.
To take admission to prestigious institutions for MBA, candidates need to write any of entrance exam CAT / MAT / NMAR / CMAT / IIFT etc.
Candidates need to qualify for the exam, then their is a personal interview/ group discussion round for admission.
To know more about colleges, entrance exam for MBA ,you can check MBA admission 2025
For an MBA specially in IT,you can consider SCIT (Symbiosis Centre for Information Technology) which is generally considered the better choice compared to SICSR (Symbiosis Institute of Computer Studies and Research) as it has a stronger reputation specifically focused on IT business management and offers a more specialized curriculum in the field and has good placement record, making it a more relevant option for aspiring IT professionals seeking an MBA.
The curriculum is good and niche in the field in this college you need to be among top 20 performer in order to get quick and good placement through the college.
https://www.careers360.com/colleges/symbiosis-centre-for-information-technology-pune
https://www.careers360.com/colleges/symbiosis-institute-of-computer-studies-and-research-pune
No, it is not possible to pursue an MBA after your 3rd year of a BA LLB integrated course from a Mumbai University college as you need to complete your full BA LLB degree to be eligible for an MBA program.Since a BA LLB is a 5-year integrated course, completing only your 3rd year does not fulfill the requirement for an MBA.
Not only in this university but you cannot take admission to any master course before completing your b.a llb integrated course however you can take admission to bachelor's degree on the basis of your 12th marks.
I suggest you to continue with your course after completing apply to MBA anywhere in india.if you have time prepare for CAT exam which is accepted by iims and Mumbai University. Remember When choosing an MBA program, you can consider specializations relevant to your legal background, such as "Business Law" or "Intellectual Property Law" to leverage your existing knowledge.
To know about admission in mumbai university refer link
https://www.careers360.com/university/university-of-mumbai-mumbai
Hello
Yes , you are eligible .
Completing a 2 years Agriculture Diploma course makes you eligible for an MBA in Agriculture Business Management , as many programs accept students with backgrounds in agriculture or related fields . You likely need to meet additional requirements like entrance exams like such as CAT , MAT or other . specific institution or universities may have their own eligibility criteria .
For more details check link given below :
https://www.careers360.com/courses/mba-in-agri-business-management
Thank you
Hello,
If you are currently in your final year and have not yet completed your bachelor’s degree, then selecting “appeared for bachelor’s” is the correct option. This option typically indicates that you have not yet graduated but are in the process of completing your degree.
The “bachelor degree” option would be appropriate only if you had already completed and been awarded your degree. Since you are still pursuing your final year, your initial selection of “appeared for bachelor’s” is accurate for your situation.
To get more information related to SNAP exam, visit : https://bschool.careers360.com/articles/snap-2024
Hope it helps !