Large number of students opt for finance specialization for MBA degree. Major Lucrativeness of this course is being the highest paid profession. MBA Finance helps in finding reputed jobs and handsome salary packages. Generally, these postgraduates are being taught and prepared for management position of mid level and senior level. Finance people seek opportunities in the department of accounting and financial planning. They can also go for teaching profession by clearing the eligibility of teaching examination.

For MBA finance, both private and government sector are opened for them to work. Although, the salaries in private sector are higher than the government sector but government sector jobs are more secured. Government gives the starting salary of Rs 10K per month and for experienced ones they provide the maximum salary of Rs 50K per month. In private sector, salary differs according to the organisations.

Freshers start their career through internship with minimum salary/stipend of Rs 8K. Gradually with experience, the salary packages increase. MBA finance person with 3-4 year of experience in average company gets the package of Rs 50K per month. With further experience of 5-6 year in well reputed organisation, MBA finance can get the salary upto Rs 1 lakh per month.

Salary of MBA in Finance by Job

Job Title Average Salary (per annum)
Financial Analyst Rs 210,120 – Rs 990,750
Business Analyst, IT Rs 310,290 – Rs 1,270,220
Senior Financial Analyst Rs 300,807 – Rs 1,114,040
Finance Manager Rs 400,620 – Rs 1,890,760
Business Analyst Rs 320,480 – Rs 1,170,280
Research Analyst Rs 195,540 – Rs 1,100,200
Operations Manager Rs 302,209 – Rs 1,470,260



MBA Finance Salary by Employer

Employer Name Average Salary
(per annum)
Employer Name Average Salary
(per annum)
EY (Ernst & Young) Rs 288,300 – Rs 2,610,620 Hewlett-Packard Company Rs 192,708 – Rs 2,013,410
Accenture Rs 260,843 – Rs 1,373,920 HSBC Rs 291,610 – Rs 1,735,185
Bank of America Corp. (BOFA) Rs 205,370 – Rs 1,225,540 Infosys BPO Rs 161,907 – Rs 1,051,002
Capgemini Rs 180,460 – Rs 2,260,540 InfoSys Limited Rs 655,159 – Rs 1,520,510
Capgemini Consulting Rs 146,994 – Rs 1,243,280 International Business Machines (IBM) Corp. Rs 350,000 – Rs 2,000,000
Citibank Rs 204,250 – Rs 1,955,420 J.P. Morgan Chase & Co. (JPMCC) Rs 310,431 – Rs 2,400,000
Cognizant Rs 295,988 – Rs 1,812,070 Kotak Mahindra Bank Rs 320,975 – Rs 1,236,500
Cognizant Technology Solutions Corp Rs 346,710 – Rs 2,460,810 Kpmg Consulting Rs 302,010 – Rs 1,580,990
Crisil Rs 350,190 – Rs 4,545,050 Royal Bank of Scotland Rs 210,717 – Rs 2,510,767
Deloitte Rs 317,000 – Rs 1,246,270 Syntel, Inc. Rs 150,330 – Rs 1,144,335
Deutsche Bank Rs 265,619 – Rs 3,913,850 TCS Rs 285,970 – Rs 1,407,994
Factset Research Systems Inc. Rs 186,739 – Rs 689,594 The Goldman Sachs Group, Inc. Rs 297,663 – Rs 2,510,912
Genpact Rs 190,660 – Rs 896,625 The Northern Trust Company Rs 230,648 – Rs 1,320,672
HCL Technologies Ltd. Rs 348,500 – Rs 1,235,450 Wipro Rs 280,875 – Rs 1,330,950
HDFC Bank Pvt Ltd Rs 207,677 – Rs 797,970 Wipro Technologies Ltd. Rs 410,611 – Rs 1,974,070

Salary of MBA Finance by Experience

Experience Average Salary (per annum)
Less than 1 year Rs 303,870
1-4 years Rs 400,160
5-9 years Rs 731,320
10-19 years Rs 1,460,200
20 years or more Rs 2,710,380

Salary of MBA Finance by Cities

Bangalore is considered as the highest salary payer to MBA Finance whereas other cities pay lesser salaries than Bangalore. Metropolitan cities pay good amount of salary to MBA Finance and the other cities pay lesser salaries than metropolitan cities. Starting salary of all the cities are almost similar but with the experience of employees, metropolitan cities make higher appraisals than other cities do. Due to the high pace of economic activities in metropolitan cities, employers are encouraged to pay higher salaries to their employees. Salaries of MBA Finance in different cities of India are mentioned below.

City Name Average Salary
(per annum)
Bangalore Rs. 2.5 Lakh – Rs.18 Lakh
Delhi Rs. 2.3 Lakh – Rs. 23 Lakh
Mumbai Rs. 2.7 Lakh – Rs. 24 Lakh
Chennai Rs. 2 Lakh – Rs. 14 Lakh
Hyderabad Rs. 2.1 – Rs. 17 Lakh
Ahmedabad Rs. 2 Lakh – Rs. 9 Lakh
Vadodara Rs. 1.8 Lakh – Rs. 7 Lakh
Surat Rs. 1.75 Lakh – Rs. Rs. 4 Lakh
Kochi Rs. 1.75 Lakh – Rs. Rs. 14 Lakh
Patna Rs. 2.5 Lakh – Rs. 8.5 Lakh