MPhil in Management Scope, Jobs, Salary in India 2024

Kripal Thapa

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: