In India, MBA salaries are dependent on a candidate’s specialization, work experience, and the image of the university. The highest packages depend on candidates who studied from reputed B-schools, towards the IIMs. MBA in Finance is viewed as the most specialized, as candidates can go into investment banking, corporate finance, and risk management, among other specializations.
MBA is still one of the most famous and in-demand degrees in India. There are many specializations in MBA in Finance, Marketing, Operations, Consulting, IT, and Healthcare. The salary and position of a candidate are dependent on their skills and work experience. Students are always worried about the Salary of an MBA Graduate as a Fresher.
Specialization-wise MBA Fresher Salary in India
There are multiple career options for an MBA graduate in India. Students can opt for any of the fields in which they have an interest and skills. Here are some of the job sectors for MBA graduates.
1. MBA in Finance
Finance is one of the highest-paying specializations of an MBA. The average salary of freshers in investment banking, equity research, and corporate finance is ₹8 LPA – ₹18 LPA, but in many companies like Goldman Sachs, JP Morgan, offered at ₹35 LPA per year.
2. MBA in Marketing
Marketing MBA offers a wide range of careers in sales, brand management, marketing management, or more tangential jobs like digital marketing. Salary expectations for a fresher are between ₹6 LPA – ₹12 LPA, a range, but in FMCG companies like HUL, Nestlé, or ITC, salaries are good.
3. MBA in Human Resources (HR)
Human Resources specialists are responsible for recruitment, talent pipelining and attraction, and employee relations, for which freshers can expect a salary between ₹5 LPA – ₹9 LPA.
4. MBA in Business Analytics / Data Analytics
MBA in Business Analytics is rapidly growing. Freshers can expect a salary of between ₹8 LPA – ₹14 LPA.
5. MBA in Operations & Supply Chain
Operations managers manage logistics. Expect starting salaries of between ₹6 LPA – ₹11 LPA with including recruiters like Amazon, Flipkart, and Mahindra.
6. MBA in International Business
MBA in International Business is to be in export-import, global supply chains, MNCs, etc. The average starting salaries of ₹7 LPA – ₹12 LPA.
Per Month Salary of an MBA Graduate
Students are always worried about their career that what package they will get after completing the MBA, or what the monthly salary of the role they applied for will be. Here is the chart given below that provides you with some basic information:
MBA Specialisation | Average MBA Salary per Month in India |
MBA in Healthcare | INR 50,000 |
MBA in Marketing | INR 65,000 |
MBA in Digital Marketing | INR 45,000 |
MBA in Finance | INR 60,000 |
MBA in Event Management | INR 50,000 |
MBA in HR | INR 43,000 |
MBA in Operations | INR 63,000 |
MBA in Business Analytics | INR 45,000 |
MBA in Entrepreneurship | INR 45,000 |
MBA in IT | INR 48,000 |
Colleges Provide Placement to the MBA Students
The most appealing thing about enrolling in an MBA program from a top business school is that the students are recruited by high-quality organizations during the final year of their course. IIM Placements for the 2025 session have been finalized or are nearing completion for the MBA institutes.
Name of IIM | Highest CTC (INR) | Average CTC (INR) |
IIM Sirmaur | INR 64.12 LPA | INR 14.45 LPA |
IIM Indore | INR 1.00 CPA | INR 25.68 LPA |
IIM Raipur | INR 67.60 LPA | INR 21.04 LPA |
IIM Kashipur | INR 37.00 LPA | INR 18.10 LPA |
IIM Ahmedabad | INR 1.08 CPA | INR 35.68 LPA |
IIM Sambalpur | INR 23.50 LPA | INR 14.21 LPA |
IIM Shillong | INR 71.50 LPA | INR 26.10 LPA |
IIM Ranchi | INR 37.80 LPA | INR 18.69 LPA |
IIM Udaipur | INR 47.00 LPA | INR 18.80 LPA |
IIM Bangalore | NA | INR 34.88 LPA |
IIM Jammu | INR 31.75 LPA | INR 15.48 LPA |
IIM Bodh Gaya | INR 32.50 LPA | INR 13.09 LPA |
IIM Vishakhapatnam | INR 43.25 LPA | INR 15.61 LPA |
IIM Calcutta | INR 91.45 CPA | INR 34.23 LPA |
IIM Lucknow | INR 65.00 LPA | INR 30 LPA |
IIM Amritsar | INR 58.52 LPA | INR 16.51 LPA |
IIM Mumbai | INR 54.00 LPA | INR 29.44 LPA |
IIM Kozhikode | INR 72.02 LPA | INR 27 LPA |
IIM Nagpur | INR 38.40 LPA | INR 16.29 LPA |
IIM Rohtak | INR 48.25 LPA | INR 19.27 LPA |
IIM Tiruchirappalli | INR 43.69 LPA | INR 19.43 LPA |