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 by Profession

Job Title Average Salary (per annum)
Human Resources (HR) Manager Rs 244,930 – Rs 1,206,777
Business Analyst, IT Rs 349,320 – Rs 1,177,720
Human Resources (HR) Generalist Rs 174,110 – Rs 467,777
Business Development Manager Rs 247,620 – Rs 1,551,550
Marketing Manager Rs 292,830 – Rs 1,545,630
Assistant Human Resources (HR) Manager Rs 208,220 – Rs 831,280
Project Manager, Information Technology (IT) Rs 584,660 – Rs 2,014,620

MBA Salary by Top Companies

Employer Name Average Salary (per annum) Employer Name Average Salary (per annum)
IBM Corp. Rs 405,450 – Rs 1,905,120 HDFC Bank Pvt Ltd Rs 240,168 – Rs 1,100,000
Accenture Rs 364,920 – Rs 2,143,940 Hewlett-Packard Company Rs 320,376 – Rs 1,902,600
Amazon.com Inc Rs 295,980 – Rs 3,945,300 HSBC Rs 310,000 – Rs 2,595,154
Capgemini Rs 310,070 – Rs 1,885,250 IBM Global Services Rs 402,128 – Rs 2,180,244
Capgemini Consulting Rs 290,170 – Rs 1,240,280 ICICI Bbank Ltd. Rs 190,320 – Rs 1,480,940
Citibank Rs 295,580 – Rs 2,570,001 InfoSys Limited Rs 655,345 – Rs 1,746,588
Cognizant Rs 285,310 – Rs 1,383,235 J.P. Morgan Chase & Co. (JPMCC) Rs 175,169 – Rs 3,725,694
Cognizant Technology Solutions Corp Rs 355,517 – Rs 1,740,850 Kotak Mahindra Bank Rs 380,528 – Rs 1,370,200
Computer Sciences Corporation (CSC) Rs 390,351 – Rs 1,771,804 Kpmg Consulting Rs 555,865 – Rs 2,042,750
Deloitte Rs 360,414 – Rs 2,003,770 Scope International Rs 320,840 – Rs 2,144,700
Deutsche Bank Rs 270,165 – Rs 2,139,690 Syntel, Inc. Rs 330,766 – Rs 2,274,870
EY (Ernst & Young) Rs 278,878 – Rs 2,530,897 TCS Rs 310,400 – Rs 1,520,510
Flipkart Rs 140,009 – Rs 3,267,115 Tata Motors Rs 220,975 – Rs 2,180,245
Genpact Rs 385,832 – Rs 1,730,085 Wipro Rs 290,870 – Rs 1,860,400
HCL Technologies Ltd. Rs 275,000 – Rs 1,730,000 Wipro Technologies Ltd. Rs 340,720 – Rs 2,391,980

MBA Salary by Experience

Experience Average Salary (per annum)
0 – 1 year Rs 290,350
1-4 years Rs 390,270
5-9 years Rs 720,510
10-19 years Rs 1,430,950
20 years or more Rs 2,550,690

MBA Salary by City

City Average Salary (per annum)
Bangalore, Karnataka Rs 730,067
Gurgaon, Haryana Rs 750,281
Mumbai, Maharashtra Rs 732,230
New Delhi, Delhi Rs 690,876
Pune, Maharashtra Rs 620,922
Chennai, Tamil Nadu Rs 600,146
Hyderabad, Andhra Pradesh Rs 590,826

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.