MBA Jobs, Scope, Salary and Placements in India

Shubhangini Priyadarshi

Updated on - Nov 14, 2024

The MBA job, scope and salary vary depending on the specialisation a candidate opts for, the business schools they pursue the degree from, and the candidate's personal skills and developments. MBA jobs are tremendous in various industries and areas such as Information & Technology, Retail, Healthcare, etc.

The MBA salary range ranges between INR 4,00,000 - 30,00,000 with positions such as Consultant, Analyst, Director, Executive, Managing Director, etc. Some of the known industries that offer MBA placements are Cognizant, Accenture, Google, Wipro, Amazon, and others.

The MBA job scope in India is vast due to the diverse range of specializations offered in the course. In turn, it helps candidates get government jobs after MBA with a salary ranging from INR 4 to 20 LPA. According to Payscale, the average MBA salary in India is INR 8.6 LPA.

Table of contents

• MBA Jobs in India
• Specialisation-Wise Jobs for MBA Graduates
• Career Scope of MBA
• Salary Offered to MBA Graduates in India
• MBA Placements

MBA Jobs in India

The MBA scope in India has been rising for the past few years with development in the business fields and foreign investments. The diverse coursework involved in the MBA course offers candidates to excel in numerous areas, including in the public and private sectors. Some colleges and universities also conduct placement drives with some of the conglomerates that help candidates secure many lucrative jobs.

Also, Check: Why MBA? Top Reasons to Pursue an MBA

Entry-Level Jobs for MBA freshers

MBA jobs for freshers include HR Assistant, Finance, or Financial Analyst roles. The salary of an MBA graduate ranges from INR 4 - 30 LPA depending on the skills, experience, and college. Following are some of the job profiles for MBA freshers. 

Also, Read: List of Dream Companies For MBA Students

MBA Govt Jobs for Aspirants

There are a variety of government jobs available to MBA graduates offered by top companies like the Reserve Bank of India, State Bank of India, Bharat Heavy Electricals Limited, and Oil and Natural Gas.

The following table shows the MBA scope in the government sector:

Private Jobs for MBA Graduates

The scope for MBA students in private companies is broad and ever-growing with the development of new industries and foreign investments. Following is a list of private jobs for MBA graduates:

Also, Check: Job Opportunities after MBA from IIM

Specialisation-Wise Jobs for MBA Graduates

MBA jobs depend on the specialization chosen by the student while studying the course. Each MBA specialization offers a unique world, thus the student must select the specialization carefully. The following are the specialization-wise MBA jobs available for graduates.

MBA in HR

MBA HR professionals are responsible for maintaining a cordial relationship between an organization and its employees. MBA in HR jobs includes administration, employee relations, talent and compensation, business partnering, etc. The table below lists the jobs after MBA in HR for fresh MBA graduates:

• HR Manager - Talent Acquisition
• HR Manager - Compliance
• HR Manager - Training
• HR Professor

Read More: MBA in HR Jobs

MBA in Marketing 

MBA Marketing includes candidates preparing the market analysis of a brand, defining brand value, and creating strategies for marketing techniques. Below is some of the standard MBA jobs available for MBA in Marketing graduates:

• Sales/Business Development
• Account Manager
• Market Researcher

Read More: MBA in Marketing Jobs

MBA in Business Analytics

The MBA Business Analytics includes job roles in areas such as IT, Technology, E-Commerce, Healthcare, and Finance Sectors. Some of the common job roles for this course are given in the list below:

• Business Analyst
• Data Analyst
• Predictive Modeller
• Market Research Analyst

Read More: MBA in Business Analytics Jobs

MBA in Fashion Designing

The MBA Fashion Designing includes candidates being well-skilled in the field of fashion along with business communication, marketing and brand management. Some of the MBA Fashion Designing jobs for graduates are given in the list below:

• Fashion Designer
• Boutique Owner
• Brand Manager
• Fashion Merchandiser

Read more: MBA in Fashion Designing Jobs

Some Other Important MBA Specialization-Wise Jobs Roles are:

Areas of Recruitment for MBA Graduates

The MBA job scope in India is diverse, ranging from fashion to technology to the education industry. Due to the nature of an MBA, candidates can choose and specialise in various paths. Candidates are frequently informed of current developments in the sector. For those seeking an MBA, some of the top recruiting fields are:

Career Scope of MBA

MBA scope is extensive in terms of acquiring adequate career prospects and great MBA salary packages. The salary packages depend on the aspirant's specialisation in the MBA course. Candidates can opt for several courses after MBA that will enhance their skills and expertise and contribute to their career prospects and professional growth.

Career Options After MBA

The MBA career options and salary for candidates depend on many factors such as company, sectors, experience level, specialization, and qualifications. Below are some of the popular career options for MBA:

• Product Manager: Product planning, delivery, and marketing are all the responsibilities of the product manager during the whole product lifecycle.
• Business Analyst: Business analysts assess a company's performance and support process and system enhancement. 
• Financial Analyst: An expert who provides financial advice to corporations and organizations, including recommendations for stocks and bond investments.

Read More: Career After MBA

Courses after MBA

After completing an MBA course, the following are the most frequently pursued higher education options that might enhance a student's career:

• PhD
• MPhil
• Executive MBA
• Doctor of Business Administration 
• Fellow Programmes in Management from IIM’s
• Certified in Production and Inventory Management (CPIM)
• ISB's Certificate Programme in Business Analytics

Read More: Top 10 Courses after MBA

Skills Required for MBA Jobs

MBA graduates must possess soft and hard skills with theoretical and practical knowledge. The following is a list of competencies that MBA graduates must have:

• Communication Skills: MBA professionals require good communication skills as they are responsible for stakeholder engagement, client interaction, presentation of business data, etc.
• Negotiation and Conflict Management: MBA professionals in domains like marketing, finance, and accounts need good negotiation and conflict management skills for making business deals, building client relations, etc.
• Creativity: In order to design unique business strategies for organizations and change structure in dynamic markets MBA graduates need innovative and creative skills.
• Critical Thinking: To solve complex business problems, assess risk and make data-driven decisions MBA professionals require the application of their critical thinking.
• Teamwork Ability: To drive productivity and deliver organizational success MBA professionals are required to lead and work in teams towards a common goal.

Read More on Top Skills required for MBA Students

Factors to be Considered Before Choosing a Job

When choosing a job after completing an MBA, there are several factors to consider that need to be aligned with candidates' career goals and interests. Below mentioned are a few factors that should be considered before choosing a job:

• Job roles and responsibilities
• Culture and values of the organization
• Skills required
• Career advancement opportunities
• Industry growth
• Salary, incentives, etc

Salary Offered to MBA Graduates in India

MBA salary in India depends on candidates' specialisation, experience level, and qualification. After MBA jobs and salary for candidates in both public and private fields are in demand with lucrative salary packages, which are given in the following points below.

MBA Salary in India

The average MBA salary in India ranges between INR 4 - 30 LPA, depending on the graduate's experience and skills. Students' university placements, internships, projects, specializations, etc., impact the MBA salary in India.

The table below indicates the average range of MBA jobs salary in India:

MBA Placements

During the programme's final year, MBA placements are held at many famous colleges in India. The companies frequently have partnerships with institutions that enable applicants to look into opportunities in various fields. On-campus or off-campus placements are both options. The top MBA colleges, top recruiters, and average MBA salaries are shown below:

Top IIMs with Placement Package

Below is the table for top IIMs for MBA along with the average salary offered to graduates during placements:

Top Non-IIMs with Placement Packages

Read More: MBA Placements

Top MBA Recruiters

MBA graduates can find jobs in a variety of businesses and fields, including retail, logistics and supply chain, information technology, etc. Below is a list of some of the top recruiters along with the average MBA salary for graduates:

Top Recruiters for Government Sector

Top Recruiters for Private Sector

Jobs for MBA Abroad

Students studying MBA abroad have adequate career prospects in the Top Fortune 500 companies. The salary and hierarchy will be enhanced based on the student's skills and experience. A detailed view of top international companies that recruit MBA graduates abroad is given below along with salary information. 

Top International Companies for MBA Graduates

 Check the list below for the top international companies that hire MBA students:

MBA Jobs in US

Jobs for MBA graduates from US universities are predicted to expand at a rate of 50% annually between 2019 and 2029, resulting in 476,200 new job opportunities. The job roles and respective salaries for MBAs in the United States are listed below.

MBA Jobs in Canada

According to CEIC data, the industrial growth of Canada is substantially high with a growth rate of 3.3%. Many individuals from India migrate to Canada and most of them are MBA students. As a result, graduates with an MBA will have an easier time finding employment in  IT, and manufacturing industries based in Canada. Listed below are the MBA Finance job scopes in Canada:

MBA Jobs in UK

The employment growth rate of UK grew over 75% in the FY 22-23, resulting in a high career prospect in the manufacturing and service industries. MBA career options within the UK are as follows:

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JNU

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