MBA salary in India: Top 5 Skills Graduates should have for a High Salary
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One the most common question widely asked on the internet is what is the highest MBA salary in India? The MBA salary of a graduate in India offered is directly proportionate to the qualifications and the experiences. From being the most sought-after courses in India, and as per GMAC survey, MBA salary is around 77% more than those with a bachelor’s degree. This is one of the core reasons why so many students opt for MBA courses every year.
Factors Affecting: MBA salary of a graduate in India
MBA Salary of a graduate in India depends on various factors affecting it:
- Specialization for MBA
- Candidates Experiences
- Industry
- College/Institute which the candidate has passed
- Designation
Must have Skills for MBA Graduates in India
1) Interpersonal Skills : One of the prerequisite skills often sought is that of interpersonal skills, as being a leadership role. This determines the success or failure of an organization, be it relating with clients, or peers or with the management. Lacking such skills does cause a lot of serious loss in the organization, and cuts off a lot of opportunities for growth, which will be highly beneficial.
2) Strategic Thinking : Considered as the cornerstone of MBA, strategic thinking is a must-have skill. The primary objective of this degree is to prepare a person to manage a bigger role rather than just functioning. It enables one to see the future of the organization, and works on how to get it there, alongside the numerous challenges from competitors and market unpredictability.
3) Entrepreneurial Skills : It is the ability to spot gaps in the market and make judgements which will direct the organization whether it is worth filling, and the creativity and the technical understanding required. This skill helps dynamic organization with designs for growth.
4) Communication Skills : Communication skills are considered as the key skills in a management role. Most employers look for candidates with the ability to clearly articulate at all levels in the management. MBA course will help you to develop this skill and be able to manage a diverse range of groups. Such skills play a significant role in an organization.
5) Leadership Skills : In a managerial role, leadership skills facilitate carrying out of functional roles effectively by the subordinates. Such a skills inspire those working with them, boosting their self-esteem and to give right direction to work as well. According to a survey, this is the skill-set most valued and appreciated by most employers.
Experience Wise MBA Salary
As qualification and experience matters a lot in salary, here are details for MBA salary of a graduate in India. These are estimates, however, the figures vary company wise, and considering the above listed factors.
- MBA Experience 1-4 years in India: Salary can level up to Rs. 4,00,000 per annum or more.
- With 5 years of MBA Experience in India: Salary near about Rs. 8,00,000 per annum or more.
- Experience for 10 years in India: The average salary for 10 years of experience will be about Rs. 14,00,000 per annum.
Average MBA Salary as per specialization
A lot of our future course of job depends on the specialization. Choosing the right course for specialization will enhance your resume. If you feel that your graduate degree is holding you back, specialization is the next step you should go ahead to. More so, choosing the right type of specialization is mandatory as employers often look for the right kind of employee with set specializations. Therefore, choosing the right MBA specialization is a must if you wish to scale your level of salary. Below is the highest MBA salary in India as per your specialization:
| MBA Specialization | Average MBA Salary* |
| MBA Finance | Rs 2,00,000 to Rs 14,70,000 |
| MBA Human Resource Management | Rs 4,50,000 to Rs 15,50,000 |
| MBA Information Technology | Rs 10,000 to Rs 6,00,000 |
| MBA Logistics Management | Rs 6,25,000 to Rs 8,50,000 |
| MBA Marketing Management | Rs 14,25,000 to Rs 20,43,000 |
Source: payscale.com
Mode Wise: MBA Salary in India
Courses of MBA are offered as Distance MBA which is online MBA, or Regular MBA in the institute itself. Online MBA courses are offered by various institutes as most students are unable to attend their classes by visiting the institute. Now, you can be sure that the salary also depends on the mode of your course. Below is the estimate MBA salary of a graduate in India mode-wise:
MBA Type | Average Annual Salary (INR) |
| Regular MBA | 4 – 32 lakhs |
| Distance MBA | 6 – 8 lakhs |
| Online MBA | 4 – 6 lakhs |
| Executive MBA | 12 – 40 lakhs |
Jobs Offerings after MBA: Popular Cities in India
The level of your professional life also depends on the city in which you choose to work. Here are few cities which plays a significant role in scaling your future for to get to the role of highest MBA salary in India jobs.
- Gurgaon, Haryana
- Bangalore, Karnataka
- Delhi
- Pune, Maharashtra
- Mumbai, Maharashtra
- Chennai, Tamil Nadu