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MBA Salary in India | 2023 MBA Freshers Graduate Average Pay Scale | Salaries

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 ProfileAverage Starting Salary (in INR LPA) 
Financial AnalystINR 3.63 LPA
Corporate FinanceINR 6.10 LPA
Assistant Vice President – Corporate BankingINR 19.26 LPA
Credit Risk ManagementINR 11 LPA
Derivatives StructuringINR 9.25 LPA
Portfolio ManagerINR 11.35 LPA
Treasury ManagerINR 9 LPA

 MBA in Business Analytics – 

Job Profile Average Starting Salary 
Marketing AnalystINR 4.87 LPA
Data AnalystINR 4.38 LPA
Marketing ManagerINR 6.85 LPA
Senior Business AnalystINR 9.94 LPA
Order Processing ManagerINR 4.34 LPA
Business Analyst (Unspecified Type)INR 5.42 LPA

 MBA in Sales and Marketing –

Job ProfileAverage Starting Salary
Sales ManagementINR 6.09 LPA
Marketing ManagementINR 5.97 LPA
Business DevelopmentINR 6.77 LPA
Customer Relationship ManagementINR 6.37 LPA
Strategic ManagementINR 8.05 LPA

 MBA in Human Resources –

Job Profile Average Starting Salary 
HR Manager – Talent AcquisitionINR 3.5 LPA.
HR Manager – TrainingINR 4.6-4.7 LPA.
HR Manager – ComplianceINR 3-4 LPA.
HR ProfessorINR 2-3 LPA.

 MBA in Operation Management 

Job Profile Average Starting Salary 
Operations ManagerINR 7.8 LPA
Supply Chain Program ManagerINR 8.74 LPA
General Operations ManagerINR 12.24 LPA
Business Process ManagersINR 7.79 LPA
Technical Operations ManagerINR 10.17 LPA
Area Operations ManagerINR 6.02 LPA
Plant ManagerINR 16.68 LPA

MBA in International Business –

Job Profile Average Starting Salary 
Account ManagerINR 3.6-6 LPA
Sales ManagerINR 4.80-12 LPA
Business Development ManagerINR 4-8 LPA
Marketing ManagerINR 3.6-10 LPA

MBA in Management Consulting –

Job ProfileAverage Starting Salary 
Strategy ConsultingINR 13.53 LPA
IT/Technology ConsultingINR 9.79 LPA
Operations ConsultingINR 6 LPA
HR ConsultingINR 5 LPA
Marketing & Sales ConsultingINR 3 LPA

Must Check: 13 Steps to Go Overseas, International

MBA Salaries in Top Companies 2023 –

Employer NameAverage Salary (Per Annum)Employer NameAverage Salary (Per Annum)
Hero MotocorpRs 405,450 – Rs 1,905,120Engineers IndiaRs 860,168 – Rs 2,800,000
Mahindra & MahindraRs 508,920 – Rs 1,843,940Muthoot FinanceRs 450,376 – Rs 962,600
Maruti SuzukiRs 785,980 – Rs 2,445,300Apollo HospitalsRs 650,000 – Rs 2,295,154
Tata MotorsRs 610,070 – Rs 2,285,250Mahindra HolidaysRs 720,128 – Rs 1,880,244
BoschRs 590,170 – Rs 2,240,280Larsen & ToubroRs 840,320 – Rs 2,480,940
State Bank f IndiaRs 725,580 – Rs 2,070,001BATARs 555,345 – Rs 1,746,588
Radico KhaitanRs 585,310 – Rs 2,383,235ShellRs 676,169 – Rs 2,125,694
Finolex CablesRs 555,517 – Rs 2,240,850Hindusan UnileverRs 780,528 – Rs 2,370,200
Bharat ForgeRs 650,351 – Rs 2,171,804Asian PaintsRs 725,865 – Rs 2,042,750
Ultratech CementRs 850,414 – Rs 2,803,770Vedanta GroupRs 220,840 – Rs 2,144,700
Kajaria CeramicRs 670,165 – Rs 1,839,690Rallis IndiaRs 630,766 – Rs 2,074,870
Pidilite IndRs 758,878 – Rs 2,530,897Lupin LaboratoriesRs 710,400 – Rs 1,820,510
ITC LimitedRs 638,009 – Rs 1,967,115Bharti AirtelRs 1,020,975 – Rs 2,180,245
HCL LtdRs 735,832 – Rs 1,730,085HDFC BankRs 690,870 – Rs 1,860,400
Wipro InfotechRs 765,000 – Rs 2,130,000ICICI BankRs 640,720 – Rs 1,891,980
J Kumar InfraRs 645,165 – Rs 2,139,690Jet AirwaysRs 590,168 – Rs 1,500,000
DS KulkarniRs 558,878 – Rs 1,830,897MRF TyresRs 720,376 – Rs 2,402,600
Omaxe HousingRs 490,120 – Rs 1,600,480Welspun PolyRs 710,000 – Rs 1,895,154
LG ElectronicsRs 685,832 – Rs 2,030,085Shipping Corporation of IndiaRs 402,128 – Rs 2,680,244
WhirlpoolRs 705,000 – Rs 1,730,000Shoppers StopRs 650,320 – Rs 1,780,940
AmazonRs 815,000 – Rs 1,930,000SAILRs 755,345 – Rs 2,446,588

Read Also: How To Negotiate Salary With HR

MBA Salary by Experience

ExperienceAverage Salary (Per Annum)
0 – 1 yearRs 290,350
1-4 yearsRs 390,270
5-9 yearsRs 720,510
10-19 yearsRs 1,430,950
20 years or moreRs 2,550,690

 wait for increments? These Are Top 10 Ways to Increase Salary

MBA Salary by City in 2023

CityAverage Salary (Per Annum)
Bangalore, KarnatakaRs 730,067
Gurgaon, HaryanaRs 750,281
Mumbai, MaharashtraRs 732,230
New Delhi, DelhiRs 690,876
Pune, MaharashtraRs 620,922
Chennai, Tamil NaduRs 600,146
Hyderabad, Andhra PradeshRs 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.

Great Career Guarantee: 8 New Courses, Which Draws Salary In Millions

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.

Also Know Here: How to Become a Human Resources Manager

Degree heldAverage Salary in Lakhs ( Arab Emirates Dhirams) 1 Dhirams= 17 INR
Master of Business AdministrationAED 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.

RegionAverage 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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