MBA Salary in India 2025: Average, Highest Packages & Specialization-wise Details

MBA Salary in India 2025: Average, Highest Packages & Specialization-wise Details

Switch toEnglish IconHindi Icon
Team Careers360Updated on 12 Aug 2025, 10:15 AM IST
Switch toEnglish IconHindi Icon

The avergae MBA salary in India 2025 varies based on various factors which includes institute tier, experience, and MBA specialization but generally ranges from Rs 4 LPA to Rs 40 LPA. Top IIMs and ISB graduates can expect the MBA salary ranged from Rs 25 to 40 Lakhs, while those from TIer 1 B-schools might see the MBA salary of Rs 15 to 25 LPA. Entry level B-schools can start around Rs 5 to 7 LPA, while experienced professionals in specialized roles can have the bracket upwards of Rs 20 LPA.

This Story also Contains

  1. MBA Salary in India
  2. Top Job Sectors after completing MBA
  3. Highest MBA Salary in India – Which MBA Gets Paid the Most?
  4. What is the Salary of an MBA in India?
  5. MBA Salary Growth in India
  6. Average MBA Salary in India – A Comparative Study
  7. MBA Starting Salary in India
  8. MBA Salary in India: Experience-wise
  9. MBA Salary in India: Location-Wise
  10. Salary After MBA in India – Career Growth & Future Prospects - IIMs and Top B-Schools
  11. MBA After Jobs and Salary: Top Skills for High MBA Salary in India
  12. Popular Cities Offering the Best Jobs After MBA
  13. Admissions into MBA programmes
MBA Salary in India 2025: Average, Highest Packages & Specialization-wise Details
MBA Salary in India

MBA salary in India are increasing year by year as the demand for MBA graduates in the job market increases. As per reports, the new MBA graduates in India are getting an average MBA salary of Rs 4,51,096. However, the salary of MBA graduates varies depending on certain factors including Previous experience, Job roles, Company, Specialization, Location, and reputation of the institution. Some of the highest-paying MBA specializations are Business Analytics, Finance, International Business, Information technology management, and event management. Top MBA colleges in India, like IIMs, provide jobs after MBA salary ranging from 70 lakhs to 1 crore.

As per a few reports, investment bankers can earn an average MBA salary in India of Rs 4.5 LPA and the highest MBA salary in India can be around Rs. 40.4 LPA. The qualifications and experience of the candidate are directly proportional to the MBA salary per month offered by the company. Read this article to know in detail about the MBA full form salary, jobs after MBA, average salary of MBA in India, MBA highest salary in India, MBA scope and salary in India, etc.

FORE School of Management PGDM Admissions 2025

Applications Deadline - 31st January 2025 | AICTE Approved | Ranked #53 by NIRF 2024 | Highest CTC: 70 LPA | Avg. CTC: 16.01 LPA

IMI Kolkata PGDM Admissions 2025

Applications Deadline - 25th January 2025 | Average CTC 12.02 LPA | Highest CTC 20.38 LPA | Median CTC 12.48 LPA

MBA Salary in India

The common question on the internet is: What is the salary of MBA in India per month? The average salary for MBA in India per month is 90,000 to 1 lakh and the annual MBA salary in India, as per the pay scale, is Rs 7.71 lakhs. The top B-schools in India offer very good placements with high salary packages, and this is one of the reasons why so many students opt for MBA courses every year.

CAT 2024 Most Scoring Concepts- VARC, DILR & QUANT
Start your CAT journey today and download CAT 2024 most scoring concepts PDF, including study materials based on CAT previous year papers, CAT question papers, and CAT exam sample questions.
Download EBook

The highest MBA degree salary in India is provided for the MBA specialisation in finance, marketing, general management, business analytics, and entrepreneurship. With industries changing rapidly, the scope for MBA professionals has undergone a radical shift. On average, the highest-paying jobs after MBA in India offer a salary of upto Rs. 32,00,000 per annum, depending on the domain and specialisation chosen by the candidate.

Top Job Sectors after completing MBA

There are numerous job opportunities for MBA graduates in India in various sectors. Before taking MBA admission, candidates should choose specialization for the same as per their interest and career goals. Check out some of the top job sectors after the completion of an MBA in India.

  • Banking and Finance: In this sector, jobs are available with banks and are associated with commercial banking, investment analysis, portfolio management, transaction banking liabilities management, and data security.
  • Data Analytics: This profile can fetch jobs in the banking, e-commerce, and retail sectors.
  • Entrepreneurship: It is one of the most desired streams, that equips the candidate to start their own venture.
  • Information system management: Post completion of MBA in Information systems, candidates can get profiles of Cybersecurity Analyst, Data Scientist, Data Analyst, Database etc.
IMI New Delhi PGDM Admissions 2025

Applications Deadline - 25th January 2025 | Average CTC 16.71 LPA

IMI Bhubaneswar PGDM Admissions 2025

Applications Deadline - 25th January 2025 | 100% Placements Record | Highest CTC 21 LPA | Average CTC 12.02 LPA | Median CTC 12 LPA

Factors Affecting MBA Salaries in India

  • Work Experience: Having work experience prior to joining the MBA course gives an advantage to such candidates at the time of placement. If an experienced or non-experience candidate got a job in the same organization, the MBA salary of a candidate who has prior work experience is superior.
  • MBA specialisation opted by the candidate: MBA course is offered under various specializations amongst which popular ones are sales and marketing, consulting, human resources, finance, operations and international business, and IT and Systems. As per previous year placement reports, the highest CTC was offered to those candidates who opted Finance as MBA specializations.
  • MBA college: One of the major factors is from which college or B-school he or she has completed their MBA course. The average MBA salary in IIMs stands between Rs 8 LPA to Rs 28 LPA.

Highest MBA Salary in India – Which MBA Gets Paid the Most?

After MBA jobs and salary will differ based on the designation. Check out below the MBA placement salary in India and its type.

Types of MBA
Starting MBA Degree Salary in India
Regular MBA
Rs 2.7 LPA
Distance MBA
Rs 3.5 LPA
Rs 5 LPA
Executive MBA
Rs 4 LPA

MBA Salary in India

What is the Salary of an MBA in India?

Before or while pursuing an MBA programme, students usually search for MBA full form salary per month or in general what is the MBA in hospital management salary per month as per their MBA specialisation. Check out the breakdown of the monthly MBA placement salary for graduates.

MBA Salary Per Month in India

MBA Specialisation
Average MBA salary in India per month
MBA marketing salary per month
Rs 65,000
MBA in digital marketing salary in India per month
Rs 45,000
MBA in finance salary India per month
Rs 60,000
MBA in HR salary in India per month
Rs 43,000
MBA in business analytics salary in India per month
Rs 45,000
MBA in entrepreneurship salary per month
Rs 45,000
MBA in operations salary per month
Rs 63,000
MBA in IT salary per month
Rs 48,000
MBA in event management salary per month
Rs 50,000
MBA in healthcare salary per month
Rs 50,000

MBA Salary Growth in India

LevelExperiencePackage
Entry Level0-2 YearsRs 5 to 10 Lakh
Mid Level3-5 YearsRs 12 to 25 Lakh
Senior Level6+ YearsRs 30 LPA and above

Average MBA Salary in India – A Comparative Study

The types of jobs for which you will be eligible in the future will be determined by your MBA specialisation. So, it is necessary to know the MBA scope and salary. The majority of the students are selected from marketing, followed by the finance specialisation. So, choosing the right MBA specialisation will enhance your resume and the scope of employment and MBA salary in India. Choosing the best MBA specialisation is mandatory, as employers recruit employees based on their specialised skills as well. Check the starting MBA Job Salary in India stream wise:

MBA Starting Salary in India: Specialization-wise Breakdown

MBA Specialization

Average MBA Salary

MBA in Finance Salary in India

Rs 2,00,000 to Rs 14,70,000

MBA Human Resource Management Salary in India

Rs 4,50,000 to Rs 15,50,000

MBA in Information Technology Salary in India

Rs 10,000 to Rs 6,00,000

MBA in Logistics Management Salary in India

Rs 6,25,000 to Rs 8,50,000

MBA in Marketing Management Salary in India

Rs 14,25,000 to Rs 20,43,000

*- The salaries are quoted as per payscale.com.

MBA Salary by Specialization (Finance, Marketing, HR, IT, etc.)

Check out below the specialization wise MBA salary in India

MBA Finance Salary in India

An MBA in Finance is one of the most popular options for an individual looking forward to a postgraduate degree. A graduate with a specialisation in Finance will be responsible to analyse the company’s reports, how to maximise the stock values, forecast economic trends, balance risk and profitability, and at last investment portfolio management. Know the average MBA finance salary in India offered to individuals in the finance sector:

Average MBA Finance Salary

Job Position

Average Salary of MBA in Finance

Accounting Manager

Rs 7,10,360

Credit Managers

Rs 5,80,576

Financial Analyst

Rs 4,12,339

Corporate Controllers

Rs 12,24,490

MBA in HR Salary in India

As the number of employees increases, so does the requirement 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 professionals can be seen across all the industry domains and is expected to rise further. Check out the average MBA salary in India for various levels of HR roles:

Average Salary for MBA in HR

Job Position

Average Salary of MBA in HR

Human Resources Manager

Rs 7,05,853

Senior Human Resources Consultant

Rs 11,64,803

HR Operations Manager

Rs 8,74,286

Employee Relations Manager

Rs 7,32,503

MBA in Information Technology Salary in India

Students studying an MBA in Information Technology Management are structured to train and produce managers who can effectively handle the planning, design, selection, implementation, use, and management of current and parallel information and communication technologies. Check out the average MBA degree salary in India for IT profiles:

MBA IT Salary in India

Job Position

MBA Average Salary in IT

Project Manager

Rs 12,44,457

Business Development Manager

Rs 5,98,910

Marketing Manager

Rs 6,90,763

System Manager

Rs 8,81,633

MBA Logistics Management Salary in India

Logistics management is a significant part of supply chain management, which deals with planning, implementing, controlling the flow, storage of goods and services between the point of origin and point of consumption. Know the average MBA salary in India for logistics management profiles:

Salary in MBA Logistics in India

Job Position

MBA Average Package

Logistics Officer

Rs 4,36,344

Logistics Supervisor

Rs 2,56,529

Logistic Manager

Rs 6,06,122

Supply Chain Coordinator

Rs 3,97,561

MBA Marketing Salary in India

An MBA in marketing can help you get a job promotion and qualify for management and executive positions in your current company. Since postgraduate business programmes emphasize developing leadership and communication skills, graduates can advance to marketing positions with great ease.

Whether you are interested in sales, business development, media and entertainment, advertisement, brand management, or even general management, these skills form the heart of any senior-level role. Top institutes offering an MBA in marketing are and good MBA placement salary are: IIM Bangalore, IIM Calcutta, IIM Ahmedabad, XLRI Jamshedpur, IMT Ghaziabad, and Indian School of Business Hyderabad. Some of the top recruiters for an MBA in marketing are Vodafone, Amazon, Samsung, Hindustan Unilever, and Flipkart.

Salary in MBA Marketing Management

Job Profile

Marketing Salary in India

Senior Marketing Manager

Rs 1,342,969

Marketing Manager

Rs 685,280

Senior Business Analyst

Rs 994,494

Business Development Manager

Rs 597,879

Business Development Executive

Rs 299,907

Area Sales Manager

Rs 609,533

Project Manager

Rs 1,263,774

Also Read:

Salary of MBA in Retail Management

Job ProfileRetail Management in India
Relationship ManagerRs 4,43,068
Credit Manager
Rs 8,50,682
SAP Consultant
Rs 8,89,398
Credit Risk Manager
Rs 14,11,496
Assistant vice president of corporate banking
Rs 19,29,933

MBA Starting Salary in India

In India as far as the MBA starting salary in India is Rs 24 lakh per annum onwards. Candidates who are pursuing MBA specialization in finance, marketing, data analytics, and HR can expect that much MBA salary in India. Here we have provided the average placement salary of the top B-schools in India.

Institute name
MBA starting salary in 2023 (per annum)
FMS Delhi
Rs 34.1 LPA
MDI Gurgaon
  • PGDM HRM- INR 26.42 LPA
  • PGDM – BM- INR 24.46 LPA
  • PGDM & PGDM IB- INR 27.67 LPA
SPJIMR Mumbai
Rs 33.02 LPA
XLRI Jamshedpur
Rs 30.07 LPA
IIM Indore
Rs 30.21 LPA
JBIMS Mumbai
Rs 27.63 LPA
IIFT Delhi
Rs 29.10 LPA

MBA Salary in India: Experience-wise

MBA salary with experience for graduates is higher than those of freshmen. The MBA salary in India as per the experience of individuals is based on an evaluation of average salaries in various fields. Here are the details about MBA salary in India for experienced.

MBA Salary Based on Experience (Fresher vs. Experienced Professionals)

MBA specialisation
MBA Salary in India for Freshers
MBA Salary in India after 5 years
MBA Salary in India after 10 years
MBA in Marketing
Rs. 3 LPA
Rs. 5 LPA+
Rs. 13 LPA+
MBA in Finance
Rs. 3.98 LPA
Rs. 6 LPA+
Rs. 15 LPA+
MBA in HR
Rs. 2.85 LPA
Rs. 5.25 LPA+
Rs. 11 LPA+
MBA in IT
Rs. 5 LPA
Rs. 7 LPA+
Rs. 14 LPA+

MBA Placement Salary in India

Given below is an average figure for MBA salary in India offered in multiple fields based on the experience level of an individual.

  • MBA starting salary in India per month with 1-4 years experience in India: With 1-4 years of experience, the MBA salary in India can reach up to Rs. 4,00,000 per annum and more.
  • MBA salary after 5 years in India: The average MBA salary in India after 5 years of experience is somewhere near about Rs. 8,00,000 per annum.
  • MBA salary in India after 10 years: The average salary of an MBA graduate with over 10 years of experience in India is Rs. 14,00,000 per annum.

Note- These are just the estimated salary after MBA. The actual figures vary company-wise and by considering other factors too.

MBA Salary by Specialization (Finance, Marketing, HR, IT, etc.)

MBA SpecializationAverage Salary (Per Year) Starting Salary (Per Month)Highest Salary (Per Year)
MBA in Finance₹12-25 LPA₹60,000-1,00,000₹40-50 LPA
MBA in Marketing₹10-22 LPA₹50,000-90,000₹35-45 LPA
MBA in HR₹8-18 LPA₹45,000-80,000₹30-40 LPA
MBA in IT₹10-20 LPA₹50,000-85,000₹35-45 LPA

MBA Salary for Freshers

Check the MBA salary in India for freshers for various designations from the table below:

MBA Profile
MBA Fresher Salary in India
Supply Chain Manager
Rs 3.42 LPA
Operations Manager
Rs 3.72 LPA
HR Manager
Rs 3.69 LPA
Marketing Manager
Rs 4.13 LPA
General Manager
Rs 6.50 LPA

MBA Salary in India: Location-Wise

The range of MBA salary in India is influenced by location, specialisation, market trends and demand. The MBA salary in Indian cities vary from each other to a certain extent. MBA aspirants living in different parts of the country can check the range of highest, lowest and average MBA salary in Indian cities given below.

Location-wise MBA finance salary in India

Cities in India

Lowest MBA salary in India

Average MBA salary in India

MBA highest package in India

MBA Salary in Bengaluru

1.1 LPA

10.54 LPA

33.65 LPA

MBA Salary in Delhi

4.32 LPA

8.32 LPA

13.32 LPA

MBA Salary in Gurgaon

1.22 LPA

12.30 LPA

21.85 LPA

MBA Salary in Chennai

2.37 LPA

8.85 LPA

21.58 LPA

MBA Salary in Hyderabad

2.55 LPA

8.73 LPA

17.55 LPA

MBA Salary in Mumbai

2.04 LPA

7.53 LPA

27.83 LPA

MBA Salary in Pune

5 LPA

6.6 LPA

7 LPA

MBA Salary in Kolkata

3.46 LPA

10.27 LPA

23.08 LPA

MBA Salary in Ahmedabad

2.52 LPA

7.39 LPA

19.18 LPA

Location-wise MBA marketing salary in India

Cities in India

Lowest MBA Salary in India

Average MBA Salary in India

Highest MBA Salary in India

MBA Salary in Bengaluru

4.44 LPA

5.28 LPA

11.28 LPA

MBA Salary in Delhi

3.44 LPA

8.31 LPA

16.20 LPA

MBA Salary in Gurgaon

1.47 LPA

6.96 LPA

18.93 LPA

MBA Salary in Chennai

1.17 LPA

5.08 LPA

13.68 LPA

MBA Salary in Hyderabad

1.32 LPA

8.36 LPA

20.87 LPA

MBA Salary in Mumbai

1.44 LPA

6.84 LPA

23.52 LPA

MBA Salary in Kolkata

2.93 LPA

9.29 LPA

26.29 LPA

Source: in.jooble.org

Salary After MBA in India – Career Growth & Future Prospects - IIMs and Top B-Schools

Check out the after-MBA salary in India offered by top B-schools and management institutions like IIMs.

Salary After MBA From IIMs

IIM MBA Graduate Salary in India is considered the highest MBA salary of MBA in India. The Indian Institute of Management offers the highest MBA package in India, up to Rs. 1 crore. Check out the MBA highest salary in India offered by IIMs given below:

Name of IIM

Highest MBA salary in India (per annum – Rs in lakh)

Average MBA salary in India (per annum - Rs in lakh)

IIM Ahmedabad

55.88

26.13

IIM Bangalore

32.10

26.18

IIM Calcutta

--

29

IIM Lucknow

51

26

IIM Kozhikode

46.88

22.50

IIM Indore

41.50

23.60

IIM Shillong

32.00

19.17

IIM Rohtak

22.80

13.74

IIM Ranchi

  • MBA – 22.37
  • MBA HR – 26.50
  • MBA – 15.11
  • MBA HR – 14.55

IIM Raipur

28.12

15.20

IIM Tiruchirappalli

25.00

14.96

IIM Kashipur

45

13.82

IIM Udaipur

40.00

13.84

IIM Nagpur

19.20

13.12

IIM Visakhapatnam

27

13.08

IIM Bodh Gaya

20

11.20

IIM Amritsar

40

12.61

IIM Sirmaur

26

11.28

IIM Sambalpur

18.92

11.61

IIM Jammu

24.50

10.64

Quick Links:

MBA Package in India By Top B-Schools

The average placement MBA marketing salaries for some of the top business schools in the country are as follows:

Name of the Institution

MBA starting salary (per annum)*

FMS Delhi

Rs 21.1 Lakh

MDI Gurgaon

Rs 19.17 Lakh

XLRI Jamshedpur

Rs. 20.1 Lakh

SPJIMR Mumbai

Rs 22.1 Lakh

JBIMS Mumbai

Rs 18.91 Lakh

IIFT Delhi

Rs 18.27 Lakh

* These are the approximate figures. The actual numbers may vary.

MBA Salary in India by Company (Top Recruiters & Their Packages)

Top MBA institutes in India
MBA Average Salary in India (INR)
Top Recruiters
Indian Institute of Digital Education (IIDE)
5.5 LPA
Times of India, Kinnect, One Plus India, Tik Tok
4.8 LPA
Morgan Stanley, Genpact, IBM
8.5 LPA
Cognizant, Airtel, ICICI Bank
3.5 LPA
Cognizant, Informatica, Capgemini, Bosch
10 LPA
MindTree, Times Internet, Fireworks, Wipro. Infotech
7 LPA
UpGrad, Asian Paints, CoolBoots, Berger Paints

MBA After Jobs and Salary: Top Skills for High MBA Salary in India

1. Interpersonal skills

Interpersonal skills are, of course, essential for anyone in a leadership role. These can really make the difference between success and failure, be it with clients, peers, or those you’re managing. And let’s not forget, lacking such skills will seriously impede your ability to engage in that all-important networking—no one’s going to share the hottest new opportunity with you if you can’t engage with them.

2. Strategic thinking

Strategic thinking is a cornerstone of the MBA salary; one of the main intended outcomes of the degree has always been to help you move from a functional role to a ‘big picture’ one. Are you able to see the future of an organisation and how it’s going to get there, factoring in the agility to deal with competitors and market forces? If so, you will find yourself much in demand with top MBA employers.

3. Entrepreneurial skills

Entrepreneurial skills are the ability to spot a gap in the market, judgement enough to know whether it’s worth filling, and creativity and technical understanding, if not ability, to do so can be invaluable to a dynamic organisation with designs on growth. And remember, not every example of entrepreneurship needs to change the world.

4. Communication skills

Being able to communicate up, down, and across is essential in any management position. Communication skills are an area in which employers have often found candidates somewhat lacking. Luckily, this is also a skill set that an MBA will help you to foster, with working in diverse groups and all its concomitant challenges playing a significant role in MBA learning.

5. Leadership Skills

A good manager will possess leadership skills to facilitate the carrying out of functional roles by his or her subordinates—not an easy undertaking by any means. However, a good leader will inspire those who work with them and around them, make them feel valued, and give the whole undertaking a sense of direction. Notably, this was the skill surveyed: top MBA employers were most satisfied with the skills MBAs possessed.

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
  7. Hyderabad

B-School Accepting CAT Scores - Location-wise

Admissions into MBA programmes

  • To take admission into MBA programmes, candidates should have completed their graduation with at least 50 percent marks in total aggregate from a recognized institution.
  • Some of the top B-schools also consider the scores of national or state level MBA entrance exam such as CAT, XAT, MAT, and GMAT for MBA admission.
  • Top B-schools in India admit students to different MBA programmes such as MBA in marketing, MBA in finance, MBA in entrepreneurship, MBA in business analytics, MBA in IT & Systems, etc.

NOTE: The above-mentioned salary ranges are not fixed and are variable based on candidates' skills, professional capabilities, and relevant experience.

Frequently Asked Questions (FAQs)

Q: What is the salary of MBA in 2024?
A:

The salary of an MBA after completion course varies as per the specalisation taken and the experience of the candidates. A detailed table has been provided in this article regarding the same. 

Q: What are the placements for IIM MBA?
A:

The last year placements for IIM MBA were tremendous, and they ranged from the highest salary of around 1 Cr to a minimum salary of 18 LPA.

Q: What is the salary of MBA in India per month?
A:

MBA salary in India ranges from 7 LPA to 12 LPA for various MBA specialisations. The MBA average salary in India was Rs 7.71 LPA.

Q: Which MBA pays high salary?
A:

Currently, Business Analytics stands as the most lucrative MBA specialization and have the highest starting MBA salary per month in India. Pursuing an MBA in Business Analytics entails a methodical examination of data with the aim of deriving sound conclusions and making informed choices.

Q: Who earns more CA or MBA?
A:

The median income of a Chartered Accountant (CA) significantly surpasses that of an MBA graduate. CA Vs MBA salary is approximately INR 8.06 LPA, whereas an MBA graduate typically earns between INR 4 LPA and 5 LPA on average.

Q: Do MBA students get high salary?
A:

Elevated remunerations for MBA professionals stem from their prized education, extensive expertise, and specialized proficiencies. Furthermore, MBA programs boast well-established affiliations with premier corporations, which result in lucrative employment prospects.

Articles
|
Explore Top Universities Across Globe

Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello aspirant,

A timetable is essential if you are preparing for the CAT in addition to your college coursework. It will give you an idea of how long it will take you to finish your syllabus and then set aside the appropriate amount of time for revision and mock exams.

Hello Nikita,

To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:

CAT Score: 98+ percentile is an excellent score and makes one

Hello!

Prep for CAT 2024: Application Pattern

Syllabus: Focus on those areas that fall under the syllabus; for instance, Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation & Logical Reasoning.

Books: Stick to standard books from renowned authors, say, Arun Sharma for Quant, Norman Lewis in vocabulary, and

I understand your situation, Aishwarya. Preparing for the CAT while balancing your final year of engineering can be challenging, especially without coaching. However, with dedication and the right approach, it's definitely possible to crack the exam.

Here are some tips to help you get started:

1. Assess Your Strengths and