The term ‘MBA preferred’ has been quoted in an increasing number of job listings over the last five years. According to a survey conducted among employers and business schools in India, the qualities of being able to solve complex problems and think logically in critical situations, encourage them to recruit MBA post graduates. This article talks more about the salary of professional having MBA degree.
MBA Salary: Top Companies Paying High
The list includes the names of companies in India, where MBA students are most likely to work after the end of the last semester.
The survey was conducted by CNN Money, a unit of CNN, Fortune and Money.
MBA Salary: Packages Offered By Different Companies
|Operations Team Leader||INR 7.1 lakh to INR 8.6 lakh|
|Associate – Investment Banking||INR 16 lakh to INR 18 lakh|
|Business Analyst||INR 3 lakh to INR 3.5 lakh|
|Chartered Financial Analyst||INR 13.59 lakh to INR 15.59 lakh|
|Management Trainee||INR 1.6 lakh to INR2 lakh|
|Assistant Brand Manager||INR 13.5 lakh to INR 13.7 lakh|
|Executive Assistant||INR 1 lakh to INR 1.25 lakh|
|Area Sales Manager||INR 16.8 lakh to INR 17 lakh|
|Production Manager||INR 9.3 lakh to INR 9.5 lakh|
|Brand Manager||INR 20 lakh to INR 25 lakh|
|Regional General Manager||INR 5.9 lakh to INR 6.1 lakh|
|Senior Sales Executive||INR 2 lakh to INR 2.14 lakh|
|Financial Analyst||INR 9.7 lakh to INR 9.8 lakh|
|Investment Banking Associate||INR 30.45 lakh to INR 30.55 lakh|
|Senior Financial Analyst||INR 17.71 lakh to INR 18.91 lakh|
|Credit Risk Management Analyst||INR 2 lakh to INR 2.35 lakh|
|Chartered Financial Analyst||INR 14.17 lakh to INR 16.17 lakh|
|Assistant Banking Branch Manager||INR 7.8 lakh to INR 8.3 lakh|
|Associate Investment Banker||INR 30 lakh to INR 32 lakh|
|Operations Manager||INR 20.24 lakh to INR 22.24 lakh|
|Assistant Manager of Mortgage Lending||INR 9.8 lakh to INR 11.8 lakh|
|Assistant Sales Manager||INR 8.45 lakh to INR 9.45 lakh|
|Assistant Banking Branch Manager||INR 3.98 lakh to INR 4.08 lakh|
MBA Salary: Average Salary By Designation
|Name of Designation||Average Salary|
|Human Resources Manager||INR 1.9 lakh to INR 12 lakh|
|Human Resources Generalist||INR 1 lakh to INR 4.5 lakh|
|Marketing Manager||INR 2 lakh to INR 14.43 lakh|
|Business Analyst||INR 2.5 lakh to INR 9.62 lakh|
|Business Development Manager||INR 2.1 lakh to INR 12.45 lakh|
Career Prospects for MBA Graduates in India
The demand for an MBA fresher or professional is mainly in the financial services sector, the consumer goods companies and the consulting firms. In fact, more than 50 percent business schools in India play host to recruiters from companies who also have branches abroad. This is proof of the fact that jobs for MBA graduates and their salary structure have shot up not only in India but also in other countries across the world as well.
According to the words of Greg Ruf, the CEO of MBA Focus, a firm that helps employers find the best MBA qualifiers for jobs around the world, Asia is the hub for the best jobs after completion of MBA studies. India especially requires trained managers to contribute to the economic growth that the country is currently experiencing.