M.Phil in Management Scope, Jobs, Salary in India
M.Phil in Management jobs are available to graduates in a broader and more diverse range of roles. Graduates have employment opportunities in both the private and public sectors. Career opportunities are very wide and varied due to the flexibility of the courses students receive. Some M.Phil in Management jobs include Researcher, Financial Advisor, etc.
Career Prospects and Job Scope for an M.Phil in Management Graduate
M.Phil in Management jobs are readily available for postgraduate students. Students can explore different career paths depending on the specialization chosen. The field of activity of M.Phil in Management for a university student is extensive and varies in a large number of fields and areas of work.
Listed below are some of the most popular M.Phil in Management jobs that postgraduates pursue:
- Researchers
- Academic Professors
- Management Consultants
- Human Resource Management
- Financial Advisors, etc.
Areas of Recruitment for M.Phil in Management
There is a large scope of M.Phil in Management jobs for graduates in both the private and public sectors. The future of M.Phil in Management is promising, with reputable professional options and chances in practically every field. Some of the fields of recruiting for M.Phil in Management graduates are listed below:
- College/Universities
- Management Firms
- Government departments
- Banks
- Corporates, etc.
M.Phil Management Salary
According to Payscale, the average job income of M.Phil in Management in India is INR 4-8 LPA. The salary a person receives is influenced by a number of factors. Experience in the field, interpersonal skills, area of expertise, and knowledge of the area are some of the factors that affect earnings. The internship opportunities offered by a college/university can have a significant impact on a graduate's salary.
Below is a table of salary packages for various post- M.Phil Management positions:
M.Phil in Management Salary in India
The average M.Phil in Management salary in India for graduates is around INR 8.5 LPA [Source: PayScale]. The table below shows the salary breakdown of M.Phil in Management graduates in India:
| M.Phil in Management Salary | Amount (INR) |
| Highest Salary | 15 LPA |
| Lowest Salary | 2 LPA |
| Average Salary | 8.5 LPA |
Source: Payscale
The table below contains the list of M.Phil in Management job profiles and their average salaries per annum:
| M.Phil in Management Job Role | Average Salary (INR) |
| Management Consultant | 8-15 LPA |
| Financial Advisor | 3 - 6 LPA |
| HR Manager | 4 - 7 LPA |
| Research Officer | 5 - 8 LPA |
| Academic Professors | 3 - 5 LPA |
Source: Payscale
M.Phil in Management Salary Abroad
For students pursuing this course, salary abroad includes a wide range of opportunities. It is a hands-on course that provides students with the opportunity to excel in their skills. The following is a list of salaries for M.Phil in Management graduates working abroad:
| Job Profile | Average Salary (USD) |
| Academic Professors | 103,803 |
| Research Officer | 57,158 |
| HR Manager | 70031 |
| Financial Advisor | 89,330 |
| Management Consultant | 1,03,853 |
Source: Payscale
Career Scope of M.Phil in Management
Candidates upon completion of the M.Phil in Management program may pursue a variety of careers. After completing the course, students can look for a job or pursue higher education. M.Phil in Management's reach is growing rapidly and will continue to do so for the foreseeable future. M.Phil in Management graduates can work in a variety of fields in both the public and private sectors.
Courses After M.Phil in Management
Career Options after M.Phil in Management
There are numerous career opportunities and options available to you after completing the M.Phil in Management. Students can pursue higher education or look for a job. It all depends on whether the student wants to work or pursue further education in Fashion Technology after his /her M.Phil Students can make choices based on their abilities and interests.
The following are some of the most popular post- M.Phil Management career options:
- Management Consultants: A management consultant’s duties are to help organizations to solve issues, create value, maximize growth and improve business performance
- Finance Advisors: They research and analyze investment opportunities and meet with clients and potential clients to go over investment strategies.
- Human Resource Manager: They oversee the day-to-day administrative functions of an organization, including planning, coordinating, and directing activities such as staffing, strategic planning with senior management, and addressing employee questions and concerns.
- Researchers: They develop research programs to oversee the activities of research teams, oversee research projects from early planning through project completion, communicate with their team members, and verify that all projects and tasks are on schedule.
Government Jobs for M.Phil in Management Graduates
Soon after completing an M.Phil in Management, students are eligible to apply for various government jobs. According to Payscale, the average M.Phil in Management job income in India is INR 3-8 LPA. In government organizations, some of the M.Phil in Management employment roles include
| Top Government Hiring Roles | Salary (INR) |
| Associate Professor | 10 LPA |
| Consultants | 4-40 LPA |
| Researchers | 12 LPA |
| Assitant Managers | 5 - 12 LPA |
Source: Payscale
Private Jobs for M.Phil in Management Graduates
M.Phil in Management graduates can find various opportunities in the private sector. The average salary after M.Phil in Management is INR 2-15 LPA (Source: Payscale). Some of the private jobs for M.Phil in Management graduates are listed below, along with their salaries:
| Job Roles | Average Salary (INR) |
| Lecturer | 9 LPA |
| Consultant | 13 LPA |
| Finance Managers | 10.5 LPA |
| Accountants | 4.4 LPA |
Source: Payscale
Job Opportunities Abroad for M.Phil in Management Graduates
M.Phil in Management is one of the most popular degrees among Indian students looking to study abroad. Not only is the curriculum of the M.Phil in Management degree program good and aligned with the current creative needs of the world, but an M.Phil in Management degree from abroad also offers students a great opportunity to work and live abroad.
Top Companies for M.Phil in Management Graduates
Below is a list of the top organizations that hire M.Phil in Management Graduates:
- Indira Gandhi National Centre for the Arts.
- NIT Karnataka
- Reserve Bank of India
- Broadcast Engineering Consultants India Ltd.
- Indian Institute of Public Administration
- IIM Calcutta, etc.
Best Countries for M.Phil in Management Graduates
Below is the list of top countries offering job opportunities to M.Phil in Management Graduates:
- USA
- UK
- Canada
- Australia
- New Zealand
- Netherlands
- Germany
- France
- Spain
Various Career Designations Abroad for M.Phil in Management Graduates
Here is the list of exciting job roles that attract M.Phil in Management graduates to work abroad:
- Academic Professor
- Consultant
- Finance Advisor
- Economist
- HR Manager
- Management Consultants, etc.
Famous M.Phil in Management Graduates
There are many M.Phil in Management graduates in the world who have become famous for their contributions. Some of such famous personalities are listed below:
- Rahul Ram
- Sai Pallavi
- Dilshad Said
- Meiyan Chang
- Mohan Agashe
