MBA Job Opportunities, Salaries, Top Recruiters, Scope

MBA Job Opportunities, Salaries, Top Recruiters, Scope

Edited By Team Careers360 | Updated on Mar 14, 2024 10:23 AM IST | #MBA

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 SpecialisationsSalary

MBA Finance

Estimated Rs 3.5 lakhs to Rs 30.0 lakhs

MBA Marketing Management

Estimated Rs 2.4 Lakhs to 23.0 lakhs

MBA in Human Resource Management

Estimated Rs 3.0 lakhs to Rs 18.0 lakhs

MBA in International Business

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

MBA in Digital Marketing

Estimated Rs 5.0lakhs to 25 lakhs

MBA in Business Management

Estimated Rs 2.9 lakhs to 25 lakhs

MBA in Health Care Management

Estimated Rs 1.0 lakhs to Rs 16.9 lakhs

MBA in Rural Management

Estimated Rs 3.0 lakhs to Rs 12 lakhs

MBA in Event Management

Estimated Rs 4.5 lakhs to Rs 15 lakhs

MBA in Business Analytics

Estimated Rs 1.4 Lakhs to Rs 32.1 Lakhs

MBA in Information Technology (IT)

Estimated Rs 2.4 Lakhs to Rs 23.0 lakhs

MBA in Event Management

Estimated Rs 4.5 lakhs to Rs 15 lakhs

MBA in Operations

Estimated Rs 3.0 lakhs to 18.5 lakhs

MBA in Agri Business

Estimated Rs 4.0 lakhs to Rs 15.0 lakhs

MBA in Data Analytics

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

MBA in Telecom Management

Estimated Rs 1.2 lakhs to Rs 18.9 lakhs

MBA in Brand Management

Estimated Rs 3.5 lakhs to Rs 32.0 lakhs

MBA in Logistics and Supply Chain

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

MBA in Media and Communication

Estimated Rs 3.3 lakhs to Rs 26.0 lakhs

MBA in Architecture

Estimated Rs 3.0 lakhs to Rs 40.0 lakhs

MBA in E-Business

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
  • Facebook
  • 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)

1. How much does an MBA Finance in India get paid?

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.

2. Which jobs can I apply for after doing an MBA degree?

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. 

3. Should I do a job before taking an 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. 

4. What does an MBA mean?

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

Have a question related to MBA ?

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

Hi,

MBA stands for Master of Business Administration is a professional postgraduate degree course of 2 year duration offered by many universities all over India.

Some of the best University offering MBA through CUET, with high placements with their fees are the following

  • Banaras Hindu University, Baranasi - INR 50.07k
  • University of Hyderabad -INR 1.3 Lakh
  • GLA University - INR 5.3 Lakh
  • Jamia Millia Islamia - INR 50.03K
  • Chandigarh University- INR 4.4 lakh
  • Lovely Professional University- INR 8 Lakh

For more information about the colleges you can visit the link mentioned below

https://bschool.careers360.com/articles/top-mba-colleges-accepting-cuet-pg-score-in-india

Hope this information will help you

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