One of the most popular degrees is the Master of Business Administration because it offers the best salary packages and a holistic career development program. The MBA course develops critical thinking, analytical, problem-solving, communication, and leadership skills essential to a successful career. Several MNCs pay handsome salaries to MBA graduates with these necessary skills.
Keep reading to learn the top five high-paying MBA jobs in India.
MBA Jobs – Highest Salary Paying MNCs
- In India, Google, Accenture, TCS, CTS, IBM, Infosys, Intel, CISCO, Microsoft, and Amazon are the ten highest-paying employers for MBA freshers.
- The salary package depends on various factors, including technical skills, relevant experience, the company, B-school, and specialisation.
- There is a wide range of pay scales ranging from ₹7 -12 LPA to ₹50-70 LPA on average.
MBA Specialisation for High-Paying MBA jobs
An MBA course is a significant investment, and candidates often assess the ROI before and after enrolling in programs. An MBA graduate has many career opportunities, and the salary may vary depending on their skills, experience etc.,
The following MBA specialisations offer the highest-paying jobs for MBA graduates.
- Finance,
- Sales & Marketing,
- Business Analytics,
- HR,
- Healthcare Management,
- International Business,
- Data Analytics,
- Digital Marketing,
- Entrepreneurship,
- Operations Management,
- Rural management and
- Risk management.
Top Five Highest-Paying Jobs After MBA
Listed below are the highest-paid jobs after MBA.
1. Investment Banker
- Investment bankers help governments and companies raise capital in the capital markets and provide financial advice.
- You can rely on them for mergers and acquisitions and stay on top of great investment opportunities.
- To pursue this career path, MBA graduates would have to select subjects that focus on finance.
- Despite the pressure, those who xotic news embrace the job enjoy the thrill and the paycheck that follows.
- Investment bankers in India can earn anywhere from 6 lakhs to more than a million dollars, depending on the company.
- One of the market’s highest payers is Goldman Sachs.
- In this field, incentives are more important than salary.
- Considering hefty bonuses, profit sharing, etc., this is undoubtedly one of today’s best MBA jobs.
The career path of an investment banker would be like this,
- Analyst,
- Associate,
- VP,
- Director and
2. Management Consultant
- This unique leadership role offers the opportunity to work with high-level executives from diverse industries.
- Management Consultants help organisations solve problems, develop solutions for changing business needs, and develop plans of action to implement suggested solutions.
- As a result, the scope of work varies widely, ranging from strategy development to process optimisation, change management, and final implementation in some cases.
- An experienced Management Consultant can earn the highest of 18-60 lakhs per annum.
As a Management Consultant, you might have a career path like,
- Intern,
- Junior Consultant,
- Senior Consultant,
- Project Manager,
3. Marketing Manager
- A Marketing Manager ranks third on the list of highest-paying jobs for MBA graduates.
- Since marketing affects every aspect of a company, this role carries much responsibility.
- The role of marketing managers is to formulate marketing strategies for products and services.
- Estimating market demand is the first step they take.
- In addition to creating and managing marketing plans, preparing budgets and cost estimates, negotiating with clients for sales contracts, and working on PR, they also handle the company’s media relations.
- In the Indian market, the top 10% of marketing managers earn close to Rs. 30.6 lakhs per year.
The career path in this job would be,
- Marketing and business development manager,
- Senior marketing manager,
- VP, Marketing,
- Senior VP, Marketing,
- Marketing Director.
4. Project Manager – IT
- Top companies often hire project managers after graduating from MBA programs.
- During a project, the project manager is expected to be involved in all aspects.
- A project manager is responsible for everything from planning and strategising to building a team and making financial projections, so MBA graduates are usually the first choice for the job.
- This role requires management, communication, and a goal-oriented attitude, all of which make them ideal candidates.
- Therefore, companies will only hire MBA graduates for this position.
- There is a possibility of earning as much as 20 lakhs per annum for project managers with experience. Tier-1 cities may have a higher number.
The career path of this role looks like this,
- Project coordinator,
- Project manager,
- Program manager,
- Portfolio manager,
- Vice president – Project management,
5. HR Manager
Next on the list of the highest paying jobs after an MBA is HR Manager.
An HR Manager develops and implements HR strategies and initiatives in an organisation.
Human resources managers are responsible for recruiting and onboarding new employees, building a solid company culture, addressing employee grievances, and bridging the gap between employees and management.
The career path of this job will be,
- HR officer,
- HR Manager,
- Senior HR Manager,
- Assistant VP, HR,
- VP, HR,
- Director, HR.
Salary of Highest-paying Jobs After MBA
Listed below are the highest-paid jobs after MBA.
Job Designation | Average Annual Salary in India |
Financial and investment consultant | ₹ 14 Lakhs |
Corporate strategy manager | ₹ 20 Lakhs |
Project manager | ₹ 14.5 lakhs |
Business analyst industry expert | ₹ 15 Lakhs |
Business analyst project manager | ₹ 12.8 Lakhs |
Data scientist | ₹ 10.56 Lakhs |
Data processing manager | ₹ 12 Lakhs |
Marketing manager | ₹ 10 Lakhs |
Financial risk manager | ₹ 9 Lakhs |
Treasury manager | ₹ 8.6 Lakhs |
Organisational consultant | ₹ 7.3 Lakhs |
Director of staff | ₹ 22 Lakhs |
Conclusion
Depending on experience and other factors, candidates can get several types of MBA jobs after completing their degree. B-school plays an important role here. Again, getting into a good B-school is a part of your MBA learning journey. For long-term success, you need to acquire niche skills.
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Sunstone is present in more than 50 colleges in 35+ Indian cities. It is an education service provider that offers a bundle of benefits to students who register on its platform. It offers 100+ hours of training programs designed to help students gain deeper industry knowledge and boost employability.
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FAQs
Which MBA job offers the highest salary in India?
In India, the below-listed MBA jobs pay the highest salaries.
- Finance manager,
- Investment banker,
- Project manager,
- Business intelligence analyst and
- Product manager.
Which field in MBA gets the highest salary?
Business analytics, Finance and Marketing fields in MBA have the highest salaries.
Which MBA has the highest scope?
Following MBA specialisations have the highest scope.
- Accounting,
- Analytics intelligence,
- HR,
- Healthcare Management,