Top 10 Highest Paying Jobs in Management in India?

Top 10 Highest Paying Jobs in Management in India?

Edited By Team Careers360 | Updated on Mar 15, 2024 11:04 AM IST | #MBA

Jobs in the management field are sought-after career opportunities not only for MBA graduates but also for graduates from other domains. Jobs in the management field have witnessed a major transformation and significant growth in recent times. The demand for skilled professionals in the management sector is increasing rapidly because of globalisation and economic developments. Therefore career opportunities in India are growing rapidly in various sectors and graduates are enjoying high-paying jobs after completing their studies. In this article, we will discuss the top 10 highest-paying jobs in management in India.

What is Management?

Management is one of the most popular courses in both undergraduate and postgraduate degree programmes that provide knowledge on the principles of various subjects like operational management, finance, and product management. Management courses typically cover topics such as leadership, strategic planning, decision-making, organisational behaviour, finance, marketing, and operations. They aim to equip students with the knowledge and tools needed to lead teams, allocate resources, solve problems, and adapt to dynamic business environments.

Is Management a High-Paying Career?

Management course opens up a lot of career opportunities in various industries in India. A few high-paying careers in the management field are Sales Manager, Marketing Manager, Financial Manager, Public Relations Manager, and Human Resources Manager. In the table below, we have mentioned the salary of the high-paying career options.

Job ProfilesAverage Salary

Human Resource Manager

Rs. 12.0 LPA

Public Relations Specialist

Rs. 5.8 LPA

Sales Manager

Rs. 6.6 LPA

Marketing Manager

Rs. 11.9 LPA

Information Systems Manager

Rs. 17.8 LPA

Social Media Manager

Rs. 4.8 LPA

Business Analyst

Rs. 9.2 LPA

Chief Executive Officer (CEO)

Rs. 88.9 LPA

Finance Manager

Rs. 17.3 LPA

Operations Manager

Rs. 10.2 LPA

Human Resource Manager

Human resources managers are responsible for recruiting, planning, managing, coordinating, and evaluating human resources within an organisation. Their job includes interviewing, hiring, and training new employees. Every organisation has at least one HR department. This position is one of the highest-paying management jobs. The average salary of the human resource manager is Rs. 12.0 lakhs per year.

Public Relations Specialist

Public Relations Specialists are responsible for maintaining and improving the image of brands, customers, employers, or organisations. Their job includes coordinating campaigns and building relationships with clients, government agencies, or business opportunities. They plan and create media kits, and press releases, manage communications budgets, and check advertising and promotional programs. It is among one of the best management jobs in India. The average salary for a public relations specialist in India ranges from Rs. 3 lakhs per year to Rs. 5.8 lakhs per year.

Sales Manager

Sales managers are professionals responsible for leading and directing the sales team within their organisation and building the business. Sales managers' job includes creating plans, setting goals, analysing data, delivering sales tasks, and training the members of the team. It is also one of the high-paying management jobs in India. The average salary for a public relations specialist in India is Rs. 6.6 lakhs per year.

Marketing Manager

Marketing Managers are professionals, responsible for planning and executing campaigns to raise awareness of the company's products and services. Marketing Managers' job includes designing, managing, and evaluating marketing campaigns, analysing market trends, and engaging in social media strategy. Marketing Managers are one of the top management jobs in India and the average salary of the marketing manager is Rs. 11.9 lakhs per year.

Information Systems Managers

Information Systems Managers are responsible for planning, coordinating, and incorporating computer-related activities. The Managers’ job includes evaluating the latest technology, working with engineers, evaluating computers, and communicating with their CIS team about company procedures, goals, and policies. The average Information Systems Manager's salary is Rs. 17.8 lakhs per year.

Social Media Manager

A social media manager is responsible for organising, directing, and executing a company's social media presence. Their work includes creating content for multiple platforms, analysing, researching, and supervising SEO checks. It is one of the highest-paid corporate jobs in India. The average salary for Social Media Managers in India is Rs 4.8 lakhs per year.

Business Analyst

Business Analysts are responsible for developing company or client procedures and structures. Analyse and evaluate business processes, research, present, train and develop projects. They identify the organisation's technical needs, create financial models and understand business strategies, budget and perform financial analysis. The average salary for Business Analysts in India is Rs 9.2 lakhs per year.

Chief Executive Officer (CEO)

The Chief Executive Officer (CEO) is responsible for planning and implementing the company's goals and visions. He or she looks after the organisation's financial and budgetary acts and manages products and services activities, contracts, agreements, and appointments. They analyse financial statements and sales reports and are one of the top management jobs in India. The average Chief Executive Officer's salary is Rs. 88.9 lakhs per year, though the salary may vary depending on the start-up and the company's profit and funding it is getting.

Finance Manager

A Finance Manager is responsible for the financial operations of an organisation. His or her work includes planning and analysing, balance sheet reconciliations, budget planning, and supporting the management team. A Finance Manager deals with the collection, financial reports, payables, account receivables, and expenses. It is one of the highest-paid corporate jobs in India. The average salary for a finance manager in India is Rs 17.3 lakhs per year.

Operations Manager

The Operations Manager is responsible for managing, hiring, supervising, training, taking programs for quality assurance, and monitoring and analysing the strategies of an organisation. Their work deals with the budget, project delivery, and people, meeting the needs of clients and balancing global needs. It is one of the highest-paid management jobs in India. The average salary for Operations Managers in India is Rs. 10.2 lakhs per year.

The salary figures mentioned in these articles are just for reference purposes. Actual salaries may vary depending on respective candidates, employer, job location, and numerous other factors.

Frequently Asked Questions (FAQs)

1. What does a Human Resource Manager do?

Human Resource Manager recruits, plans, manages, coordinates, and evaluates human resources within an organization. They interview, hire and train new employees. Every organization has at least one HR department. 

Articles

Upcoming Exams

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
University College London, London
 Gower Street, London, WC1E 6BT
The University of Edinburgh, Edinburgh
 Old College, South Bridge, Edinburgh, Post Code EH8 9YL
University of Bristol, Bristol
 Beacon House, Queens Road, Bristol, BS8 1QU
University of Nottingham, Nottingham
 University Park, Nottingham NG7 2RD

Questions related to MBA

Have a question related to MBA ?

Hello,

Yes, it is feasible to pursue an MBA through distance education along with doing your CA articleship because ICAI does not prohibit it in the first place. But then you need to follow ICAI regulation, which states that a CA articleship requires full time commitment. To comply you have to inform ICAI about your intention to pursue the other course and seek prior permission through Form 112. Ensure the timings of your MBA classes, even if these are online, do not clash with your articleship hours.

Value of an MBA besides CA:

  • Improved Business Acumen : An MBA gives one a broader perspective on business management, leadership, and strategy, complementing the technical expertise one gains from CA.
  • Career Scope: With CA and MBA, you can explore finance, investment banking, management consulting, and senior management roles.
  • Networking: The opportunities to connect with your peers and professionals are available through the MBA programs, even when conducted in distance mode. Your professional network will widen.
  • Leadership Skills: The MBA program focuses on soft skills such as communication, teamwork, and leadership that are essential for your career growth.

Align your specialization with MBA in your career goals like finance, marketing, or operations, to gain maximum value.

Hello,

The cost of an MBA in India varies significantly based on the institution. Here are the approximate fees for different types of colleges:

  1. Top IIMs (Indian Institutes of Management): Rs. 15-25 Lakhs per year.
  2. Other Prestigious B-Schools (like XLRI, ISB): Rs. 12-22 Lakhs.
  3. Private Universities (like Symbiosis, SP Jain): Rs. 8-20 Lakhs.
  4. Government Colleges/Universities: Rs. 2-5 Lakhs per year.
  5. Distance and Online MBA Programs: Rs. 50,000-2 Lakhs.

The fees depend on the reputation of the college, infrastructure, and location. Scholarships and financial aids may be available.

Hope it helps !

Currently,NIPER (National Institute of Pharmaceutical Education and Research) does not offer an online MBA program; all their MBA programs, which are typically focused on Pharmaceutical Management, are delivered through traditional on-campus learning

NIPER conducts their own entrance exam NIPER JEE. You have to qualify GPAT in order to seat in NIPER JEE. If u will qualify in written, you have to appear in group discussion and personal interview. On the basis of combined Merit list of all written gd pi you will get admission.

NIPER JEE

ALL the best!!

No, GGU does not accept GMAT score for admission to MBA program. Admission to MBA program in GGU are done through CUET (PG) exam conducted by NTA. GMAT score are considered for admission to various business school like IIMs as IIM Ahmedabad, IIM Lucknow,IIM Calcutta, indore, ISB Hyderabad and Mohali, XLRI Jamshedpur etc. to know more about GGU, admission, visit MBA courses in GGU Bilaspur

Hello

Career options for MBA graduates in the UK and the USA as both countries are home to thriving industries and multinational corporations.

Here’s an overview

1. Finance: Investment Banker, Financial Analyst.

2. Consulting: Management Consultant, Strategy Analyst.

3. Marketing: Brand Manager, Digital Marketer.

4. Technology: Product Manager, Data Analyst.

5. HR: HR Manager, Talent Specialist.

6. Healthcare: Administrator, Consultant.

7. Entrepreneurship: Startup Founder, Business Developer.

8. Operations: Supply Chain Manager, Logistics Analyst.

Key industries : Finance , Tech , Healthcare and Consulting .

For more details links given below

Link for UK

https://studyabroad.careers360.com/articles/job-opportunities-after-mba-in-uk

Link for USA

https://studyabroad.careers360.com/articles/jobs-after-mba-in-usa

Thank you

View All
Back to top