Job Opportunities after MBA in India – Career, Scope and Salary

MBA salary in India on an average ranges between INR 7,00,000 to 12,00,000 per annum for several MBA courses. Aspirants should know that getting a job after MBA is not a difficult task. There are many jobs available after MBA, and it is the responsibility of the students to pick up the right job from the options available. While considering the MBA job opportunities, the students must make a list of options, analyse the pros and cons and weed out the thorns to weave the path to success.

Students may have so many questions in mind regarding the job after an MBA in India such as job scope, nature of work, roles and responsibilities, skills required, and others. Some aspirants also plan to choose a job that is interesting rather than picking up a job that pays more and vice-versa. It is always important to evaluate whether a particular job is a right pick or not. 

In this article, CollegeDekho has come up with all the details relating to MBA job opportunities in India, career, scope, salary, and factors to consider before taking up a job.

Also Read:All About Part-Time MBA - Benefits, Scope, Opportunities, Top Colleges

What is the Purpose of Pursuing an MBA?

What to do after MBA? This is the biggest question running in the minds of aspirants. No student pursues a course without a purpose. There may be numerous reasons for taking up a particular course. Before jumping into what after MBA jobs and the career prospects, it is important to understand the purpose of pursuing an MBA course.

• As per the latest scenario, many students prefer an MBA course to acquire the skills necessary to start a business/ start-up/ turn into an entrepreneur.
• MBA gives a good career start and leads to a wide scope for career development and skills.
• Experienced professionals take up MBA courses to make a shift in careers.
• MBA course gives scope for an innovative outlook.
• MBA graduates will have the capability to network with the best in the market.
• MBA degree offers brand value to you.
• MBA degree not only enhances professional growth but also personal growth.
• MBA graduates have enough chances to work outside their native places so that they can gain enough exposure and understand the market conditions in different regions.

From the above points, it is quite evident that an MBA offers an excellent career path. However, MBA students must enhance their skills while pursuing the course. Some important skills such as Communication Skills, Language Proficiency, etc. are mandatory to excel in the management field.

Also Read: List of MBA Colleges Accepting 80-90 Percentile in CAT

Factors to Consider before taking up a Job:

Before exploring job opportunities after MBA in India, it is also important to understand some of the factors that are necessary to take up a job: -

Organisation: When you are ready to take up a job in an organization, it is essential to understand the nature of work in the respective organisation, the scope for career development, success, failures, and plans of the organization, additional details of the company available on different sources and goodwill of the company. These factors will help the candidates to figure out whether their choice is right or wrong.

Job Profile: Instead of accepting every job that comes your way, aim for a specific job that suits you. Even though searching for the right job takes some time, patience plays a key factor here. Similarly, do not accept a role based on pay, but think about taking a job based on your title, as it will help you develop/ rise on the path of professionalism.

Also Read:Difference between MBA Vs PGDM - Which is Better?

Location of Job: If you are taking up a job outside your native place/ location, try to estimate the cost of living, accommodation, and transportation. You should make a detailed comparison of the salary you earn and expenses towards the cost of living.

Other Factors: Some of the other factors that you can consider before taking a job are: -

• Salaries and Benefits
• Working Hours
• Opportunities offered by Employers

MBA Salary in India: Specialisation-wise

Candidates before admission should go through the list of Top MBA colleges in India and the specialisations offered by them. Here is the list of several specialisations depicting the average MBA salary in India. 

MBA Salary in India: For Finance Graduates

Finance is one of the most popular and commonly opted specialisations by MBA graduates. 

MBA Finance will major cover all the topics related to the field of finance i,e, profitability, investment portfolio management, how to maximize the stock values, balance risk, and profitability, forecast economic trends, etc. 

Candidates opting for finance can get Jobs after MBA in sectors such as Corporate Finance, Corporate Banking, Hedge Private Equity, Fund Management, Asset Management, Treasury Credit Risk Management, and Sales and Trading.

The top recruiters in the field of finance are E & Y, Deloitte, Morgan Stanley, McKinsey, Deutsche Bank, Barclays, KPMG, Lehman Brothers, Goldman Sachs, Boston Consulting Group, and Barclays. Candidates can find the average finance MBA salary in India in the table below.

MBA Salary in India: For HR Graduates

The hiring of an HR professional in the companies has significantly increased. The human resource of a company is responsible for developing a good culture among the employees and hiring the best pool of talents and retaining them. 

The top recruiters for MBA HR are Reliance, Larsen & Turbo, KPMG, Infosys, Wipro, Aditya Birla Group, Deutsche Bank, Makemytrip, L'Oreal, Pepsico, etc. Here’s the average MBA salary in India for HR graduates in the table provided below.

MBA Salary in India: For IT Graduates

MBA in IT majorly involves planning, design, selection, implementation, use, and management of current and parallel information and communication technologies. The major skills required

To pursue Informational technology are Computer and digital literacy, Data management and analytics, Technical writing, Information technology, Project management, Flexibility and foresight, Office skills, and Data mining & coding.

The top recruiters for MBA in IT are Google, IBM, Accenture, Amazon, Dell, Oracle, HP, TCS, HCL Infotech, Intel, and TechMahindra. Here’s the average MBA salary in India for IT graduates in the table provided below.

MBA Salary in India: For Logistics Management Graduates

The core subjects of an MBA in Logistics Information Systems are Logistics Management, Logistics Strategy, Forecasting and Inventory Management, Import and Export Operations, Distribution Network Design, International Transportation Management, Customer Service, and Emerging Trends in Logistics. The major recruiters for MBA in Logistics are Accenture, HPE, Ashok Leyland, CTS, TCS, Wipro, Mahindra, L & T, Apple, Renault Nissan, BCG, J.P Morgan Chase & Co, etc. 

MBA Salary in India: For Marketing Graduates

Marketing is one of the oldest disciplines in the field of management and provides numerous jobs after MBA in India. Candidates after MBA in Marketing can fetch jobs in sectors such as Online Marketing, Analytical Marketing, Competitive Marketing, Business Marketing, Product and Brand Management, Retailing Management, Customer Relationship Marketing, and Advertising Management. 

The top recruiters of MBA in Marketing are Deloitte, Goldman Sachs, Bain & Company, McKinsey, Microsoft, Amazon, Apple, JP Morgan, Morgan Stanley, BCG, etc.

MBA Salary in India: For Operations Management Graduates

Aspirants can fetch jobs after MBA in Operations Management in several sectors such as Logistics, Retail, Hospitality, Transportation, Financial Institutions, Construction, Management Consulting, Manufacturing, and Information Technology. The major recruiters hiring Operations Management graduates are Damco, Blue Dart, First Flight, GAIL, ONGC, and NHPC.

Also Read:List of MBA Specialisations - Which Course to Choose? Scope, Differences & Top Colleges

MBA Salary in India: Profile-wise

The complete details about the minimum, average, and highest MBA salary offered to graduates in India: -

Note: The above-mentioned figures are just approximate, and they may vary from individual to individual and company to company.

Also Read: Executive MBA Courses Offered by Top B-schools: Fees, Application Dates & More

Job After MBA in India and Career Scope:

MBA students must have complete knowledge of job opportunities available after an MBA in India. Based on that, you will have to nurture your career interest. Business planning, consulting, client relations, resources, or system analysis are expected to be a part of your job profile. However, let us take a more specific view of the job opportunities available after an MBA in India: -

Banking & Finance: The Banking & Finance domain includes portfolio management and security & investment analysis. MBA graduates can find jobs in banks, insurance companies, security firms, and various financial organizations. Some of the top companies that offer jobs in this domain are Barclays, RBS, Nomura, JP Morgan, Goldman Sachs, etc.

Also Read:Distance MBA in India: Top Distance MBA Colleges, Courses & Fees

As far as the banks are concerned, jobs are available in both public and private sector banks. For getting jobs in public sector banks, students need to clear the recruitment exams conducted by the respective banks. For jobs in private banks, students need to take part in the selection process conducted by banks that involve Group discussions, Personal Interviews, Written Ability Tests, etc.

Investment Banking: Jobs in the investment banking area have high demand in the market. Some of the top companies that hire suitable candidates for this role are Bank of American Continuum, Motilal Oswal, SBI Capital Markets, etc., The responsibility of the employees in this field is to connect investors to fund-needing organizations.

Management Consulting: If you are good at problem-solving, jobs in management consulting are most suitable for you. The responsibility of professionals in management consulting is to solve organizational issues. He/she is also responsible for embracing fresh ideas and new problem-solving methods.

Some of the popular companies that hire MBA graduates as management consultants are Cartesian Consulting, PeopleStrong, Deloitte, Michael Page, Infosys Management Consulting, PwC, KPMG, BCC (Bain), and Cognizant Business Consulting.

Also Read: Distance Learning MBA Vs Part-Time MBA - Check Which is Better for You

Entrepreneurship: Nowadays, entrepreneurship has turned out to be the favorite option among MBA graduates. The MBA enhances the capability of the students to become an entrepreneur. Experience does not matter if you want to become an entrepreneur. Students need creative and innovative skills to excel in this career.

Data Analytics: Due to the digital revolution, big data has become significant for all types of business such as e-commerce, retail, banking, and management. Many popular B-Schools have started offering data analytics courses in MBA. Popular companies such as LatentView Analysis, Fractal Analytics, etc., hire MBA graduates as data analysts or data scientists.

Private Equity: Similar to investment banking, the investment acumen of a person comes into action in a job profile associated with private equity. Job opportunities in this domain are wide and some of the popular companies that recruit MBA graduates for job roles in private equity are Fullerton, Fidelity Investments, Axis Securities, JP Morgan Chase, Kotak Wealth Management, Bajaj Finserv, ICIC Prudential Asset Management, Indiabulls Housing Finance, etc.

If you want to know about employment opportunities after MBA then you can question at Collegedekho QnA zone.

IIM MBA Salary in India: Placements

Aspirants looking for admissions into Top IIM Colleges in India can find the domestic MBA salary packages with their higher and average CTC in the table prescribed below.

Popular Cities Offering Lucrative Jobs After MBA in India

Here is the list of some of the popular cities in India providing the best jobs after an MBA.

• Hyderabad, Telangana
• Pune, Maharashtra
• Chennai, Tamil Nadu
• Mumbai, Maharashtra
• Bangalore, Karnataka

Gender Ratio in Jobs after MBA:

In India, 76% of males are engaged in management jobs while 24% of females are working in various domains of business management.

Also Read:Top 10 Highest Paying Management Jobs in India

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