MBA Salary in India 2023
As per trend check the average MBA Salary in India 2023. Check MBA Fresher and Experienced salary as per specifications, company and city. Today’s world has many career options for MBA Freshers Graduates. Now they can choose their jobs based on the MBA Salary in India. To know about MBA Freshers Graduate Average Pay Scale you have to read this complete article.
MBA Degree holders are in great demand and because of this many business management schools start providing training to their students to develop their traits for meeting the challenges of the future business.
MBA Salaries in India 2023
The demand for an MBA fresher or professional is mainly in the financial services sector, consumer goods companies and consulting firms. You can get the best job with the best salary in these business administrations.
Candidates who are seeking for further details of MBA Salary in India 2023 will get it at the below section of this page which is well created by the dedicated team members of www.recruitmentinboxx.com
Check Out Here: MBA Entrance Exam Dates
MBA Salary 2023
To know the details of all the MBA Jobs Salary in HR, finance and other department you have to check out the below table: –
MBA Starting Salary in India- Specialization-wise breakup
MBA in Finance –
| Job Profile | Average Starting Salary (in INR LPA) |
| Financial Analyst | INR 3.63 LPA |
| Corporate Finance | INR 6.10 LPA |
| Assistant Vice President – Corporate Banking | INR 19.26 LPA |
| Credit Risk Management | INR 11 LPA |
| Derivatives Structuring | INR 9.25 LPA |
| Portfolio Manager | INR 11.35 LPA |
| Treasury Manager | INR 9 LPA |
MBA in Business Analytics –
| Job Profile | Average Starting Salary |
| Marketing Analyst | INR 4.87 LPA |
| Data Analyst | INR 4.38 LPA |
| Marketing Manager | INR 6.85 LPA |
| Senior Business Analyst | INR 9.94 LPA |
| Order Processing Manager | INR 4.34 LPA |
| Business Analyst (Unspecified Type) | INR 5.42 LPA |
MBA in Sales and Marketing –
| Job Profile | Average Starting Salary |
| Sales Management | INR 6.09 LPA |
| Marketing Management | INR 5.97 LPA |
| Business Development | INR 6.77 LPA |
| Customer Relationship Management | INR 6.37 LPA |
| Strategic Management | INR 8.05 LPA |
MBA in Human Resources –
| Job Profile | Average Starting Salary |
| HR Manager – Talent Acquisition | INR 3.5 LPA. |
| HR Manager – Training | INR 4.6-4.7 LPA. |
| HR Manager – Compliance | INR 3-4 LPA. |
| HR Professor | INR 2-3 LPA. |
MBA in Operation Management
| Job Profile | Average Starting Salary |
| Operations Manager | INR 7.8 LPA |
| Supply Chain Program Manager | INR 8.74 LPA |
| General Operations Manager | INR 12.24 LPA |
| Business Process Managers | INR 7.79 LPA |
| Technical Operations Manager | INR 10.17 LPA |
| Area Operations Manager | INR 6.02 LPA |
| Plant Manager | INR 16.68 LPA |
MBA in International Business –
| Job Profile | Average Starting Salary |
| Account Manager | INR 3.6-6 LPA |
| Sales Manager | INR 4.80-12 LPA |
| Business Development Manager | INR 4-8 LPA |
| Marketing Manager | INR 3.6-10 LPA |
MBA in Management Consulting –
| Job Profile | Average Starting Salary |
| Strategy Consulting | INR 13.53 LPA |
| IT/Technology Consulting | INR 9.79 LPA |
| Operations Consulting | INR 6 LPA |
| HR Consulting | INR 5 LPA |
| Marketing & Sales Consulting | INR 3 LPA |
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MBA Salaries in Top Companies 2023 –
| Employer Name | Average Salary (Per Annum) | Employer Name | Average Salary (Per Annum) |
| Hero Motocorp | Rs 405,450 – Rs 1,905,120 | Engineers India | Rs 860,168 – Rs 2,800,000 |
| Mahindra & Mahindra | Rs 508,920 – Rs 1,843,940 | Muthoot Finance | Rs 450,376 – Rs 962,600 |
| Maruti Suzuki | Rs 785,980 – Rs 2,445,300 | Apollo Hospitals | Rs 650,000 – Rs 2,295,154 |
| Tata Motors | Rs 610,070 – Rs 2,285,250 | Mahindra Holidays | Rs 720,128 – Rs 1,880,244 |
| Bosch | Rs 590,170 – Rs 2,240,280 | Larsen & Toubro | Rs 840,320 – Rs 2,480,940 |
| State Bank f India | Rs 725,580 – Rs 2,070,001 | BATA | Rs 555,345 – Rs 1,746,588 |
| Radico Khaitan | Rs 585,310 – Rs 2,383,235 | Shell | Rs 676,169 – Rs 2,125,694 |
| Finolex Cables | Rs 555,517 – Rs 2,240,850 | Hindusan Unilever | Rs 780,528 – Rs 2,370,200 |
| Bharat Forge | Rs 650,351 – Rs 2,171,804 | Asian Paints | Rs 725,865 – Rs 2,042,750 |
| Ultratech Cement | Rs 850,414 – Rs 2,803,770 | Vedanta Group | Rs 220,840 – Rs 2,144,700 |
| Kajaria Ceramic | Rs 670,165 – Rs 1,839,690 | Rallis India | Rs 630,766 – Rs 2,074,870 |
| Pidilite Ind | Rs 758,878 – Rs 2,530,897 | Lupin Laboratories | Rs 710,400 – Rs 1,820,510 |
| ITC Limited | Rs 638,009 – Rs 1,967,115 | Bharti Airtel | Rs 1,020,975 – Rs 2,180,245 |
| HCL Ltd | Rs 735,832 – Rs 1,730,085 | HDFC Bank | Rs 690,870 – Rs 1,860,400 |
| Wipro Infotech | Rs 765,000 – Rs 2,130,000 | ICICI Bank | Rs 640,720 – Rs 1,891,980 |
| J Kumar Infra | Rs 645,165 – Rs 2,139,690 | Jet Airways | Rs 590,168 – Rs 1,500,000 |
| DS Kulkarni | Rs 558,878 – Rs 1,830,897 | MRF Tyres | Rs 720,376 – Rs 2,402,600 |
| Omaxe Housing | Rs 490,120 – Rs 1,600,480 | Welspun Poly | Rs 710,000 – Rs 1,895,154 |
| LG Electronics | Rs 685,832 – Rs 2,030,085 | Shipping Corporation of India | Rs 402,128 – Rs 2,680,244 |
| Whirlpool | Rs 705,000 – Rs 1,730,000 | Shoppers Stop | Rs 650,320 – Rs 1,780,940 |
| Amazon | Rs 815,000 – Rs 1,930,000 | SAIL | Rs 755,345 – Rs 2,446,588 |
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MBA Salary by Experience
| Experience | Average Salary (Per Annum) |
| 0 – 1 year | Rs 290,350 |
| 1-4 years | Rs 390,270 |
| 5-9 years | Rs 720,510 |
| 10-19 years | Rs 1,430,950 |
| 20 years or more | Rs 2,550,690 |
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MBA Salary by City in 2023
| City | Average Salary (Per Annum) |
| Bangalore, Karnataka | Rs 730,067 |
| Gurgaon, Haryana | Rs 750,281 |
| Mumbai, Maharashtra | Rs 732,230 |
| New Delhi, Delhi | Rs 690,876 |
| Pune, Maharashtra | Rs 620,922 |
| Chennai, Tamil Nadu | Rs 600,146 |
| Hyderabad, Andhra Pradesh | Rs 590,826 |
Salary after MBA from IIM:
After completing MBA in different subjects students must search for MBA Jobs in related field with higher and impressive salary amount.
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MBA Salary in Dubai:
MBA salary per month in Dubai is different in each organization and it also depend on factors like special skills, the size of the company, the industry or the organization is involved, etc.
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| Degree held | Average Salary in Lakhs ( Arab Emirates Dhirams) 1 Dhirams= 17 INR |
| Master of Business Administration | AED 47470- 486600 (806990-8262000 INR) |
| Master of Business Administration (Marketing and Management) | AED 48850- 352340 (816000-5989780 INR) |
| Master of Business Administration (Finance) | AED 42990- 487430 (731000-8285800 INR) |
| Master of Business Administration (Business and Marketing) | AED 49000- 487300 (833000-8284100 INR) |
| Master of Business Administration (Business Administration) | AED 61440- 616 980 (1044480-10488660 INR) |
| Master of Business Administration (Human Resource Management) | AED 29000- 307367 (493000-5225239 INR) |
| Master of Business Administration (International Business) | AED 41100- 510650 (698700-8681050 INR) |
Check Out Pay Scale Here:
MBA salary in USA 2023:
According to the reports of QS Top MBA Average MBA Starting Salaries and Compensation Packages in USA is much better then India.
| Region | Average MBA salary (annual) |
| North America | $109,000 |
| Western Europe | $106,000 |
| Asia- Pacific | $85,000 |
| Middle East | $76,400 |
| Latin America | $72,000 |
| Central Europe | $72,000 |
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