Top 10 Careers in Management With Duties and Salary
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Top 10 Careers in Management With Duties and Salary

#MBA
Team Careers360Updated on 14 Mar 2024, 10:03 AM IST

Management is one of the most popular and highest paying job provider degrees all over the world. The Management degree includes the study of Organisational Study, Supply chain, Intellectual Property, Knowledge Creation, Machine Learning, Learning Method, Data Analytics, relationship management, Big Data and High Technology. In this article we will look at what are the top 10 careers in management with duties and salary.

Top 10 Careers in Management With Duties and Salary
Top 10 Careers in Management With Duties and Salary

Let us look at the top 10 careers in Management with their duties and salary. But before that we will discuss the skills and job responsibilities required for Management jobs.

Skills Required for Management jobs

Most of the companies prefer candidates who have advanced skills, subject knowledge and experience in the field of their business. Management job seekers must brush their skills in the following areas such as:

Analytical Skills

Good Communication skills

Interpersonal Skills

Organisation Skills

Managerial skills

Planning skills

Decision making skills

Trend awareness

Mentorship/Leadership skills

Forward planning skills

Interpersonal skills

Relationship building skills

Job Responsibilities

  • Research and analysis,
  • Plans and predicts,
  • Controls and motivates,
  • Organises,
  • Communicating,
  • Hiring and staffing,
  • Maintain adequate policies and procedures,
  • Training, coaching new and existing employees.

Top 10 careers in management with duties and salary

Job PositionSalary in India (Per Year)

Marketing Manager

Estimated Rs 2.4 lakhs to 23.0 lakhs

Project Manager

Estimated Rs 5.0 lakhs to Rs 26.0 lakhs

Risk Analyst

Estimated Rs 2.9 lakhs to Rs 15.6 lakhs

Operations Manager

Estimated Rs 3.0 lakhs to Rs 18.5 lakhs

Supply Chain Manager

Estimated Rs 3.0 lakhs to Rs 27.8 lakhs

Hotel Management Manager

Estimated Rs 0.2 lakhs to Rs 8.0 lakhs

Chief Executive Officer (CEO)

Estimated Rs 5.0 lakhs to Rs 102.0 lakhs

Health Care Administration

Estimated Rs 1.0 lakhs to Rs 16.0 lakhs

Human Resource Manager

Estimated Rs 3.0 lakhs to Rs 18.0 lakhs

International Business Manager

Estimated Rs 3.0 lakhs to Rs 18.0 lakhs

1. Marketing Manager

Marketing Manager is responsible for planning and executing campaigns to raise awareness of the company's products and services. Marketing Manager works to improve the sales and services of the company. They Analyse data, manage marketing activities, budget, promotional campaigns.

Basically their work includes designing, managing and evaluating marketing campaigns, analysing market trends and engaging in social media strategy.

Marketing Manager Duties

  • Collaborates with design agencies, plans and promotes campaigns,
  • Designs strategy for social media,
  • Analysis market trends and prepares advertising contract,
  • Does market research and manages a team,
  • Prepares and reviews the advertisements of print and digital platforms.
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Marketing Manager Salary

Salaries for Marketing Managers in India range from Rs 2.4 lakhs to Rs 23.0 lakhs with an average salary of Rs 7.4 lakhs.

2. Project Manager

Project Manager is someone who manages the projects day on a daily basis. They are involved in working with other team members and stakeholders. They identify the issues, give solutions, plans, procure and execute a project. It is one of the best and leads a team, sets goals for the project and launches new products.

Project Manager Duties

  • Sets goals and scope for the projects,
  • Communicates with team members and stakeholders,
  • Plans projects budget,
  • Documents each steps and manages the risks
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Project Manager Salary

Salaries for Project Manager in India range from Rs 5.0 lakhs to Rs 26.0 lakhs with an average salary of Rs 14.5 lakhs.

3. Risk Analyst

Risk Analyst is responsible for looking after the risks in the business or an organisation. Their work is involved in investments and financial operations. Their work focuses on identifying, researching and analysing investment approaches.

Risk Analyst Duties

  • Risk Analyst predicts the output and suggests limit risks
  • Analyses the data to limit risk
  • Develops systems to store the data
  • Researches, monitors, reviews financial and legal documents
  • Prepares reports and collaborate with team members

Risk Analyst Salary

Salary of a Risk Analyst in India range from Rs 2.9 lakhs to Rs 15.6 lakhs with an average salary of Rs 6.0 lakhs.

4. Operations Manager

Operations Manager is responsible for managing, hiring, supervising, training, taking programs for quality assurance, monitoring and analysing the strategies of an organisation. Their work deals with the budget, project delivery, people, meet the needs of clients and balance global needs.

Operations Manager Duties

  • Operations Manager develops, implements and reviews the business processes
  • Helps in planning and budgeting,
  • Develops strategies and look for quality issues,
  • Analyses training needs, recruits, train and supervise the team

Operations Manager Salary

Salary for Operations Managers in India range from Rs 3.0 lakhs to Rs 18.5 lakhs with an average salary of Rs 7.5 lakhs.

5. Supply Chain Manager

A Supply Chain Manager is responsible for developing and monitoring the chain strategy of an organisation. They analyse data and processes and collaborates with other departments.

Supply Chain Duties

  • Prepares records and develops presentations
  • Builds relationship with team internally and external personnels such as distributors and suppliers
  • Develops supply chain strategy

Supply Chain Salary

Salary of Supply Chain Manager in India range from Rs 3.0 lakhs to Rs 27.8 lakhs with an average salary of Rs 10 lakhs.

6. Hotel Management Manager

Hotel Management Manager is responsible for the management of the hotel and the staff. They manage and plan marketing and administering hotel services.

Hotel Manager Duties

  • Hotel Management Manager recruits, trains and supervise the staff
  • Maintains records and budgets
  • Communicate with customers and staff
  • Manages reimbursement of staffs

Hotel Manager Salary

Salaries for Hotel Managers in India range from Rs 0.2 lakhs to Rs 8.0 lakhs with an average salary of Rs 2.6 lakhs.

7. Chief Executive Officer (CEO)

The Chief Executive Officer (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. It is the highest paid job in Management.

Chief Executive Officers Duties

  • CEO looks after the financial structure of the organisation,
  • Works with board of directors and other executives,
  • Sets goals, plans and policies of an organisation,
  • Attends functions, industry events, meetings and any other programs to represent the company.

Chief Executive Officer Salary

Salaries for Chief Executive in India range from Rs 5.0 lakhs to Rs 102.0 lakhs with an average salary of Rs 33.4 lakhs.

8. HealthCare Management

Health Care Management is responsible to plan, direct and coordinate with the staff.

Healthcare Manager Duties

  • Develops goals and objectives of an organisation,
  • Supervises everyday administrative works,
  • Maintains records, develop and executive plans and policies for operational procedures,
  • Maintains and monitors expenses and costs

Healthcare Manager Salary

Salaries for Healthcare Management in India range from Rs 1.0 lakhs to Rs 16.0 lakhs with an average salary of Rs 4.5 lakhs.

9. Human Resource Manager

Human resources managers are responsible for recruiting, planning, managing, coordinating, and evaluating human resources within an organization. Their job includes interviewing, hiring and training new employees. Every organisation has at least one HR department.

Human Resource Duties

  • HR Manager recruits, interviews, trains the new employees in the company,
  • Maintains trends,plans and execute employee benefit programs,
  • Communicate and coordinate with the staff and specialists

Human Resource Salary

Salary for HR Managers in India range from Rs 3.0 lakhs to Rs 18.0 lakhs with an average salary of Rs 7.0 lakhs.

10. International Business Manager

International Business Manager is responsible for managing the trades of goods and services of an organisation globally. They look after the company's international market flow and income.

International Business Manager Duties

  • Plans, organises and staff, directs and controls operations of the company,
  • Coordinates, analyses and interpret internal and external data to maintain reports,
  • Represents companies in the events or the meetings

International Business Manager Salary

Salary of International Business Managers in India range from Rs 4.4 lakhs to Rs 25.1 lakhs with an average salary of Rs 10.0 lakhs.

Conclusion

In this article we have mentioned some of the careers their salaries and the work that they have to do. If you are looking for a job in management then you have a variety of jobs available such as Sales Manager, Marketing Manager, Human Resource Manager and many more such. The Management job roles focus on managing the people, motivating, guiding, coaching, developing and supporting the people in an organisation.

Frequently Asked Questions (FAQs)

Q: What are the top companies hiring Management graduates?
A:

Amazon, BCG, JP Morgan, Google, Deloitte, Microsoft, Morgan Stanley, Cognizant, Wipro, Infosys, ICICI Bank, Reliance Industries Limited, Tata Consultancy, Accenture and AT Kearney.

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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

MBA colleges Admissions are usually based on entrance exams like CAT, XAT, GMAT, or CMAT.
Some MBA colleges in India offer direct admission without entrance exams. These colleges usually admit students based on graduation marks, basic eligibility criteria, and document verification.
It is important to check UGC approval, accreditation, faculty quality, and placement support before choosing any college offering direct MBA admission.

Some Top Colleges in North:
IIM Ahmedabad, IIM Lucknow, IIM Indore, Faculty of Management Studies (FMS) Delhi, MDI Gurgaon, XLRI Jamshedpur, SP Jain Institute of Management and Research Delhi NCR, IMT Ghaziabad

Some Top Colleges in South:

IIM Bangalore, IIM Kozhikode, Indian School of Business (ISB) Hyderabad, Great Lakes Institute of Management Chennai, PSG Institute of Management Coimbatore, LIBA (Loyola Institute of Business Administration) Chennai, XIME Bangalore, SDMIMD Mysore

The Master of Business Administration (MBA) degree offers a wide range of specialized fields, allowing professionals to focus their expertise on specific industries or business functions. Choosing the best specialization depends heavily on your prior work experience, career goals, and the industry you wish to target. You can explore a detailed list of all MBA types and specializations here: Choosing the best specialization depends heavily on your prior work experience, career goals, and the industry you wish to target. You can explore a detailed list of all MBA types and specializations here: Types of MBA Courses and Specializations .

Hello,

Here are Types of MBA Scholarships in India:

  • Merit based scholarships
  • Need based scholarships
  • Corporate sponsored scholarships
  • Institute specific scholarships

Now, here Popular MBA Scholarships:

  • Aditya Birla Scholarship

  • OP Jindal Management Scholarship

  • IIM Scholarships

  • Government Scholarships

For more details access below mentioned link:

https://bschool.careers360.com/articles/scholarship-for-mba-students-in-india

Hope it helps.

Hello,

There are many options that you can pursue. The list is below.

1. management consultant

2. Business Analyst

3. investment banker

4. Financial Manager

5. Marketing Manager

6. Human Resources

7. The It manager

8. entrepreneurship

9. data analyst

Thank You. Feel free to ask for more information.




Good Afternoon,

MBA eligibility criteria require

1. a bachelor's degree

2. must clear national exams like CAT, XAT, NMAT, CMAT

3. Students must clear the group discussion and personal interview.

4. Placements depend on colleges and universities.

Best colleges for placements are

1. IIMs and IITs of any city

placement needs proper communication skills, leadership skills, PPT and projects or other skills that a company mentions.

Thank You.