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.

Top 10 Highest Paying Jobs in Management in India?
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.

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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. 

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Questions related to MBA

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MBA fees in India vary widely, ranging from INR 20,000 to 40 lakh for a two-year full-time program.The fees depend on several factors, including:




- Infrastructure: Institutions with state-of-the-art facilities charge higher fees.


- Hostel facilities: Colleges offering accommodation options may include these costs in the overall fee.


- Extra-curricular activities: Institutions with a wide range of extracurricular activities may charge more.


- Pedagogy: Colleges using innovative teaching methods or offering specializations may have higher fees.


- International exposure: Institutions offering international immersion programs or foreign university collaborations may charge more.




Here are some examples of MBA fees in India:




- IIMs: INR 15 lakh to 27 lakh


- Top private colleges: INR 10 lakh to 25 lakh


- Government colleges: INR 2 lakh to 10 lakh




Keep in mind that these are general estimates, and fees may vary depending on the institution and location.

Don't worry, let's break it down. Since you've passed both the theory exam (with a D grade) and the assignment (with a C grade) in MMPC 004, you shouldn't need to reappear for the exam.However, the "not completed" status might indicate that there's an issue with your grade or evaluation.


Here are some steps you can take:


- Verify your grades: Double-check your grades for both the theory exam and assignment to ensure they're accurate.

- Contact IGNOU support: Reach out to IGNOU's support team or your study center to inquire about the "not completed" status. They can help you resolve the issue.

- Check the evaluation criteria: Familiarize yourself with IGNOU's evaluation criteria for MMPC 004 to ensure you've met all the requirements.


Remember to stay calm and patient while resolving this issue. Good luck!

With a waitlist position of 125 for MBA IDM at SCMHRD, your chances depend on waitlist movement.

Past trends: Some years saw no movement, while others had up to 200 spots cleared.

Final selection: Depends on accepted offers and withdrawals.

For updates, check with SCMHRD admissions or refer to past trends.

Hello,

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Hello there,

With your academic profile (General, Male, Non-Engineer) , you should target MBA colleges that focus more on CAT percentile than past academics.

Target Colleges & Minimum CAT Percentile:

  1. Top IIMs (A, B, C, L, K, I, FMS, XLRI, SPJIMR, MDI, etc.) – 90-99+ percentile (Tough due to low 12th marks)
  2. New & Baby IIMs (IIM Trichy, Udaipur, Rohtak, etc.) – 85+ percentile
  3. Tier-2 Colleges (IMT, TAPMI, GIM, KJ Somaiya, etc.) – 75-85 percentile
  4. Tier-3 Colleges (BIMTECH, NDIM, ITM, etc.) – 60-75 percentile

    What to Focus On?
  • Score high in CAT (85+ percentile recommended)
  • Apply to non-CAT colleges (XAT, NMAT, SNAP, CMAT)
  • Strengthen profile with work experience or certifications
  • Perform well in GD-PI rounds

You can get a good MBA college with strategic applications and high CAT/XAT percentile.

I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.

Thank you and wishing you all the best for your bright future.

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