Jobs after MBA in India | High paying jobs Post-MBA

• Introduction
• Range of MBA salary in India
• Factors to be considered before taking up a job after MBA
• Popular Cities offering the best jobs after MBA
• Jobs after MBA one can look out for
• Jobs after MBA in India based on Specialization and their salaries
  • MBA in Finance Jobs in 2021
  • MBA in Business Analytics Jobs in 2021
  • MBA in Marketing Jobs in 2021
  • MBA in Human Resources Jobs in 2021
  • MBA in Operations Management Jobs in 2021
  • MBA in International Business Jobs in 2021
  • MBA in Management Consulting Jobs in 2021
• Concluding Thoughts

Introduction

Pursuing a Master of Business Administration (MBA) degree is a popular choice among professionals looking to enhance their career prospects and earning potential. With its focus on developing managerial and leadership skills, an MBA opens up a wide range of job opportunities across industries. In this blog post, we will explore some of the high paying jobs available to MBA graduates in India, highlighting the potential for career growth and financial rewards.

There has been a radical shift in demand for MBA candidates in India over diverse domains. Organizations and MNCs prefer MBA candidates due to their critical logical thinking and complex problem-solving capabilities. Due to the demand for quality graduates, the pay for an MBA graduate is comparatively high. Also, the salary for an MBA professional in India entirely depends on the experience and qualification of the individual.

What is the range of MBA salary in India?

The salary of an MBA graduate entirely depends on how updated and upskilled the individual is.  In today’s job market, the starting salary of an MBA graduate is INR 4,00,000 per annum. On average, the highest paying jobs after MBA offer a salary of INR 4,00,000 to 32,00,000 per annum, depending on the domain and specialization.

Factors to be considered before taking up a job after MBA

Prior to checking out the job to look for once you complete your MBA degree, one has to understand the factors that need to be considered for taking up a job.

1. Organization: The organization plays a vital role in your career development.It is advisable to analyse the scope for career development, future plans of the organisation, nature of work in the respective organisation, success, failures and goodwill of the company available from different sources.

2. Job profile: Finding the right job profile is time consuming, and job hunters must remain patient and not jump into taking irrelevant job offers that come their way. Having the right job profile will help in future career progression in the professional circle.

3. Salaries and Benefits: Salary is a crucial factor that has to be considered. One has to ensure that he/ she is properly remunerated for their experience and expertise before signing the contract/ job offer. If the job role has incentive pay based on the performance, that also is an added benefit. 

4. Working hours: Work-life balance is very important in one’s life, and one has to sign up for a job that appreciates your personal space. Ensure that the organization that you are signing up for does not force the employee to work extra hours and imbalance the personal life.

5. Job Location: Last but not least, the job location also has diverse effects on the job. One has to analyze the cost of living, transportation, accessibility to essential services, etc., as to ensure that you have a peaceful personal environment while working. If you’re working in your hometown, then you’re lucky.

Popular Cities offering the best jobs after MBA

The city in which we choose to work plays a major role in our professional life. The cities that offer the best opportunities for an MBA graduate are:

1. Gurgaon, Haryana
2. Bangalore, Karnataka
3. Delhi
4. Pune, Maharashtra
5. Mumbai, Maharashtra
6. Chennai, Tamil Nadu

What are the Jobs after MBA one can look out for?

The pay for the jobs after MBA graduation in 2021 depends on the specialization. Diving into the details below.

Jobs after MBA in India based on Specialization and their salaries

The salary of an MBA graduate entirely depends on 5 main factors.

1. MBA specialization he/she studied
2. Experience of the candidate
3. Institute/College
4. Industry
5. Designation

Let us dig a little deeper into the popular programs and their specialization-wise salary to make things clear for the individuals seeking more in-depth information.

MBA in Finance: Jobs in India

MBA in Finance is one of the popular options for an individual looking forward to a postgraduate degree. A graduate with a specialization in Finance will be responsible to analyse the company’s reports, how to maximize the stock values, forecast economic trends, balance risk and profitability, and at last investment portfolio management.  The different job roles and salary in India than one can expect are:

Jobs after MBA specialization in Finance

The following sectors might be an apt workplace for an MBA in Finance graduate:

• Corporate Finance
• Private Equity
• Credit Risk Management
• Hedge Fund Management
• Asset Management
• Treasury
• Corporate Banking
• Sales and Trading of Stocks

MBA in Finance Salary in India in 2021

An MBA graduate from a reputed management institution earns an average of INR 723,801 per year as per the 2021 statistics. There are various job roles one can try for after their MBA in finance degree. The respective average salary for MBA in Finance job roles in 2021 are:

MBA in Business Analytics: Jobs in India

MBA in Business Analytics has become trending in the current scenario due to the rise of data-driven processes that have opened up a plethora of job openings available in this domain.  The sectors actively hiring for MBA in Business Analytics graduates in 2021 are:

• Healthcare
• Information Technology
• Finance
• E-commerce, etc.

MBA Business Analytics Salary in India in 2021

An MBA graduate from a reputed management institution earns an average of INR 559,551 per year as per the 2021 statistics. There are various job roles one can try for after their MBA in Business Analytics degree. The respective average salary for MBA in Business Analytics job roles in 2021 are:

MBA in Marketing: Jobs in India

MBA in Marketing helps you accelerate faster in terms of promotions and salary due to the exposure obtained while interacting with various clients and industries. The leadership and communication skills obtained during an MBA degree help individuals advance faster in their careers. The job profiles for which MBA in Marketing graduates are actively hired in 2021 are:

• Analytical Marketing
• Customer Relationship Marketing
• Competitive Marketing
• Online Marketing
• Retailing Management
• Advertising Management
• Product and Brand Management
• Business Marketing

A marketing graduate can spread his wings across financial services, marketing companies, advertising agencies, FMCG sectors, Information Technology, etc. The skills obtained during the course will help a graduate in senior-level profiles in business development, brand management, sales, advertisement, media, and entertainment, or general management.

MBA in Marketing Salary in India in 2021

An MBA graduate from a reputed management institution earns an average of INR 773,847 per year as per the 2021 statistics. There are various job roles one can try for after their MBA in Marketing degree. The respective average salary for MBA in Marketing job roles in 2021 are:

MBA in Human Resources: Jobs in India

As the number of employees increases, so does the requirement arise for personnel to manage their activities. Due to the cited reason, MBA in HR has gained traction across all verticals. The requirement of an MBA in HR professional can be seen across all the industry domains and is expected to rise further.

MBA HR Salary in India in 2021

An MBA graduate from a reputed management institution earns an average of INR 635,291 per year as per the 2021 statistics. There are various job roles one can try for after their MBA in HR degree. The respective average salary for MBA in Human Resource job roles in 2021 are:

MBA in Operations Management: Jobs in India

The MBA in Operations Management exposes individuals to tackle and handle any changes in logistics (import & export), and supply chain design & management. The postgraduate program imparts knowledge to individuals to effectively manage the processes in the supply chain. 

The services/ product based sectors that actively hire MBA operation management graduates are:

• Management Consulting
• Retail
• Information Technology
• Logistics
• Hospitality
• Financial Institutions
• Transportation
• Manufacturing
• Construction

MBA in Operations Management Salary in India 2021

An MBA graduate from a reputed management institution earns an average of INR 875,660 per year as per the 2021 statistics. There are various job roles one can try for after their MBA in Operations Management degree. The respective average salary for MBA in Operations Management job roles in 2021 are:

MBA in International Business: Jobs in India

An MBA in International Business graduate has job opportunities both nationally and internationally. Various government and private sector organizations that deal with international business and trade employ graduates who possess this specialization. 

The various sectors in which an MBA in International Business graduate can seek employment are:

• Export-Import Management
• Hospitality Sector
• International Logistics Companies
• International Marketing
• Compliance Management
• MNCs
• Logistics Management
• Foreign Exchange Management
• International chain of Restaurants
• Travel & Tourism Dept.

MBA in International Business Salary in India 2021

An MBA graduate from a reputed management institution earns an average of INR 828,087 per year as per the 2021 statistics received. There are various job roles one can try for after their MBA in International Business degree. The respective average salary for MBA in International Business job roles in 2021 are:

MBA in Management Consulting: Jobs in India

An MBA in Management Consulting is one of the most kickass postgraduate programs. The job profile helps you to connect with decision-makers of various industries ranging from Healthcare to Information Technology. The program would teach you analytical research and critical strategizing that can be implemented in your line of work.

The functional areas in the industry where an MBA in Management Consulting graduate can grow his/ her career are:

• Operations Consulting
• Strategy Consulting
• HR Consulting
• IT/Technology Consulting
• Engineering Consulting
• Marketing & Sales Consulting

MBA in Management Consulting Salary in India 2021

An MBA graduate from a reputed management institution earns an average of INR 11,67,704 per year as per the 2021 statistics. There are various job roles one can try for after their MBA in Operations Management degree. The salary of an individual depends on the skill he/ she possesses.

Skills that determine an MBA in Management Consulting graduate salary

• Organizational Development
• Strategic Project Management
• Market Research
• Strategy Development
• Supply Chain
• IT Consulting
• Lean Process Engineering
• Strategy
• Business Strategy
• Strategic Planning

Concluding Thoughts

Now that you have a clear idea about the specialization-wise salary in India after MBA  and the job prospects to look out for, we would also like to assist you in selecting the right course that will align with your choice of professional career. Apart from full-time MBA courses, you could consider enrolling for an Online MBA, allowing you to learn while you earn. And when it comes to looking for the right program, there’s nothing better than Online MBA Degree Program in Digital Marketing and E-commerce or Data Science and Analytics by UGC Approved and NAAC ‘A’ Graded, JAIN (Deemed-to-be University).

With this program, you can learn at your own pace with mentorship sessions from industry experts and support from student advisors and career coaches. You will get access to quality content designed, featuring a combination of videos, articles, hands-on projects, and career-related coursework, and curated by thought leaders and faculty of JAIN (Deemed-to-be University). And that’s not it. You will also get an Advanced Certificate from Great Learning. Apply now and stay ahead in the professional industry with an MBA from JAIN (Deemed-to-be-University).

If you wish to upskill, check out Great Learning’s MBA courses.