Top 15 Highest-Paying Jobs after MBA in India
According to a recent survey, there has been a notable increase in the median salary of MBA graduates in India. A Master of Business Administration (MBA) degree can enhance your job prospects and earning potential. With this degree, you can get into various management roles in numerous industries and earn a lucrative salary. Read this article to explore the list of highest-paying jobs after an MBA in India and get an insight into some of the most rewarding career options for MBA graduates.
Highest-Paying Jobs after an MBA in India
After completing an MBA, individuals can leverage their advanced education to secure the perfect opportunities in executive management, finance, consulting, and marketing industries. Here is a deeper analysis of today’s highest-paying jobs after an MBA in India.
1. Business Consultant
Business consultants or management consultants are professionals with specialized knowledge in businesses. With their professional advice, they help organizations improve their business performance. Their primary goal is to provide expert analysis, guidance, and solutions to help the organizations. With their assistance, organizations can improve performance, efficiency, and growth in various departments such as management, finance, marketing, sales, etc. That’s why it is considered among the highest-paying jobs after MBA.
Roles & Responsibilities:
Here are some of the major responsibilities of a business consultant:
- Analyze client operations, business processes, and challenges.
- Provide strategic advice and actionable solutions.
- Stay updated on industry trends and best practices.
- Build and maintain strong relationships with clients.
- Develop strategies and detailed solutions to reach goals.
- Design organizational structures and processes to optimize efficiency.
- Track progress through metrics reporting for successful execution.
Top Companies Hiring:
- Infosys India
- Adobe Noida
- Oracle India
- Synergy Plus Business Consulting Group
- Opticos Bengaluru, Karnataka, India
Average Salary Range: ₹6 LPA – ₹12 LPA
2. Human Resource Manager
A human resource manager job is one of the best-paying jobs after an MBA in India. This role involves planning, coordinating, and directing the administrative operations within a company. An HR manager’s responsibility includes supervising all aspects of employee management, such as hiring employees, organizing development programs, resolving conflicts, administering benefits packages, and ensuring compliance with labor regulations. You can start your journey in this domain by pursuing an online HR course with a placement guarantee.
Roles & Responsibilities:
Here are some of the major responsibilities of a human resource manager:
- Plan and execute recruitment processes.
- Conduct job interviews and make hiring decisions.
- Promote a positive and inclusive work environment.
- Onboard new employees and manage orientation procedures.
- Administer compensation, benefits, and performance programs.
- Organize and facilitate employee training programs.
- Analyze workforce data and provide insights for strategy.
- Conduct training needs assessments and facilitate training.
Top Companies Hiring:
- GenSigma India
- Amitoje India
- Business View Asia
- BNP Paribas
- Zazz India
Average Salary Range: ₹2.8 LPA – ₹9.0 LPA
3. Finance Manager
A financial manager jobs involves overseeing a company’s financial well-being and ensuring it remains profitable. Their duties include setting financial objectives, creating financial reports, directing investments for company benefit, and developing plans for long-term financial goals. The professionals play a key role in facilitating business growth. Therefore, to excel in the role of a financial manager, you should possess analytical skills, accounting and budgeting proficiency, mathematical knowledge, communication and collaboration skills, and decision-making abilities. To learn more about financial management and develop basic skills, consider taking a financial modeling and valuation course.
Roles & Responsibilities:
Here are some of the major responsibilities of a finance manager:
- Oversee financial planning and budgeting.
- Lead financial data analysis and reporting.
- Produce financial statements for executives and stakeholders.
- Identify financial risks and opportunities.
- Implement internal controls and financial systems.
- Manage invoices, bank payments, payroll, and expenditures.
Top Companies Hiring:
- klimbB Bengaluru
- APEXX Global Pune
- Upstox India
Average Salary Range: ₹3.5 LPA- ₹9.6 LPA
Also Read: Highest Paying Finance Jobs
4. Product Manager
A product manager job is considered one of the highest-paying MBA jobs in India. Product managers act as liaisons between business, technology, and design teams. Their primary duty is to lead a cross-functional initiative and maintain tasks, tools, and relationships in each phase, from planning to the launch of the product. Additionally, they strategize marketing plans and make important decisions on the features of products. If you want to upgrade your CV and stand out among other candidates, consider taking a product management course with a placement guarantee.
Roles & Responsibilities:
Here are some of the major responsibilities of a product manager:
- Develop product strategy and roadmaps aligned with business goals.
- Define product features and functionalities based on market analysis.
- Work closely with the tech team to conceptualize and prioritize delivery.
- Conduct user research and gather feedback from customers.
- Analyze product data to make informed decisions and improvements.
- Monitor and report on product adoption, engagement, and performance.
- Manage product life cycle from planning to launch.
- Lead go-to-market strategy and product marketing.
Top Companies Hiring:
- Dabur India Limited
- Bright Money
- Qrata
- WeLoveNoCode India
Average Salary Range: ₹6.5 LPA- ₹11.2 LPA
5. Operations Analyst
An operations analyst is a professional who is responsible for reviewing policies, analyzing data, and creating reports to improve company performance. This role involves assisting managers in maximizing the use of funds and resources, devising efficient production schedules, efficiently managing the supply chain, and establishing fair pricing strategies.
Roles & Responsibilities:
Here are some of the major responsibilities of an operations analyst:
- Review operational processes to identify inefficiencies and opportunities for improvement.
- Analyze operational data to uncover trends and develop insights.
- Create dashboards and reports to visualize operational performance.
- Develop solutions to streamline workflows and reduce costs.
- Model and forecast future demand and capacity requirements.
- Track key operational metrics and analyze variances.
- Identify risks in operations and prepare mitigation plans.
Top Companies Hiring:
- RPL IQVIA RDS (India) Private Limited
- Tide Hyderabad
- Nielsen Mumbai
- NatWest Group Chennai
Average Salary Range: ₹6.7 LPA – ₹10.5 LPA
6. Project Manager
In a project management jobs, the project manager is in charge of supervising multiple projects for a company. They are responsible for ensuring quality control, managing timelines and deadlines, as well as providing regular updates to stakeholders on progress through reports. Additionally, they are accountable for maintaining adequate supplies and materials necessary for completing the project successfully.
Roles & Responsibilities:
Here are some of the major responsibilities of a project manager:
- Develop and manage project plans and timelines.
- Lead cross-functional teams to meet objectives.
- Track progress and the company budget.
- Resolve issues and mitigate risks.
- Report on project status to stakeholders.
Top Companies Hiring:
- Spydra Hyderabad
- ABB Bengaluru
- Capco Bengaluru
- Oracle India
- Walr Kora
Average Salary Range: ₹4.2 LPA – ₹11.8 LPA
7. Chief Financial Officer (CFO)
CFOs are top-level executives responsible for overseeing a company’s overall financial objectives. They develop financial operational strategies by assessing trends, defining key metrics, formulating production, productivity, quality, and customer service approaches, devising systems, securing resources, addressing issues, and executing transformative initiatives.
One of the best-paying jobs after an MBA, the role of CFO is a sought-after job for individuals with a professional background in economics, finance, or analysis. Being a CFO requires a degree of experience since these professionals play an essential role in influencing the company’s strategy.
You should possess leadership skills, analytical aptitude, risk assessment skills, innovation management, strong communication and collaboration skills, business acumen, and a strategic mindset to be considered for the position of chief financial officer.
Roles & Responsibilities:
Here are some of the major responsibilities of a CFO:
- Develop and execute financial strategies aligned with organizational goals.
- Oversee budgeting, forecasting, and financial planning processes.
- Ensure statutory and regulatory compliance across all financial functions.
- Analyze financial statements, capital structure, risks, and investments to ensure sustainability.
- Optimize capital structure and manage financial resources efficiently.
- Represent the company to investors, analysts, auditors, and other external stakeholders.
Top Companies Hiring:
- Timesascent India
- Ear Jobs Point
- RMPS & Co
- Manpower Group
- Intellectual Capital HR Consulting Pvt. Ltd.
Average Salary Range: ₹7 LPA – ₹12 LPA
8. Investment Banker
Investment bankers serve as financial advisors to corporations. Their primary function is to assist clients in raising funds, which could involve activities such as issuing stocks, launching bonds, negotiating the acquisition of a competitor, or facilitating the sale of the entire company. This job is considered one of the best-paying MBA jobs.
Investment banking is a highly compensated domain that aims to provide solutions regarding mergers and acquisitions, risk management, capital raising, asset management, and more. Therefore, to work in this domain, you require skills like number-crunching abilities, verbal and written communication, experience in the financial or investment field, and the capacity to devote long hours to work. You should have an MBA degree with a specialization in finance, mathematics, or other related field to work as an investment banker.
Roles & Responsibilities:
Here are some of the major responsibilities of an investment banker:
- Provide strategic financial advice to corporates and various organizations.
- Assist clients in raising capital through various means such as issuing stocks or bonds.
- Conduct market analysis and research to inform financial recommendations.
- Make strategic recommendations to the CEO and the board.
- Underwrite securities like stocks and bonds to help clients raise funds.
- Evaluate the financial worth of assets and companies.
- Ensure financial compliance and reporting.
Top Companies Hiring:
- Ambit Private Limited Mumbai, Maharashtra, India
- Avendus Mumbai, Maharashtra, India
- Hireginie Talent Cloud Pvt Ltd Mumbai, Maharashtra, India
- CapConnect New Delhi, Delhi, India
- JPMC Candidate Experience page Mumbai, Maharashtra, India
Average Salary Range: ₹9.0 LPA – ₹14.5 LPA
Also Read: Best Jobs for the Future
9. Business Intelligence Analyst
This is one of the highest-paying jobs after MBA in India. In business analysts jobs, the analysts are responsible for collecting, cleansing, and analyzing business data, which includes revenue, sales, market information, or customer engagement metrics. Additionally, BI analysts may be tasked with programming tools and creating data models to facilitate visualization and monitoring of data.
Roles & Responsibilities:
Here are some of the major responsibilities of a business intelligence analyst:
- Collect and compile business data from various sources.
- Cleanse and preprocess data to ensure accuracy and reliability.
- Prepare and present reports summarizing key findings and trends.
- Program tools and data models to facilitate analysis and visualization.
- Monitor and evaluate key performance indicators (KPIs).
- Create pitch decks and investment proposals.
- Negotiate transaction terms and close deals.
Top Companies Hiring:
- AXA Group Attibele
- S&P Global Hyderabad
- Amazon Hyderabad
- Google Bengaluru
- Labcorp Bengaluru
Average Salary Range: ₹3.1LPA – ₹8.4 LPA
10. SAP Consultant
In SAP jobs, SAP consultants play a crucial role in assisting organizations with finding and incorporating suitable software solutions. SAP consultants specialize in data processing, encompassing two key domains: functional and technical. Technical SAP consultants concentrate on tasks such as network administration, software programming, and development. On the other hand, functional SAP consultants leverage their finance background to configure systems in alignment with business requirements.
Roles & Responsibilities:
Here are some of the major responsibilities of a SAP consultant:
- Gather business requirements and configure SAP modules.
- Guide system integration and testing.
- Deliver training to users on new SAP processes.
- Troubleshoot issues and bugs.
- Customize SAP environment to meet client needs.
- Document operational procedures.
Top Companies Hiring:
- ValueLabs
- InvenioLSI
- PERSOLKELLY India
- IBM Pune
Average Salary Range: ₹3.0 LPA – ₹10.8 LPA.
11. Digital Marketing Manager
Digital marketing manager jobs are some of the best jobs to pursue after an MBA in India that pay well. A digital marketing manager is a professional responsible for developing, implementing, and managing marketing campaigns that promote a company’s products or services online.
They typically analyze market trends, track consumer behaviour, and use various digital marketing tools and platforms to create and execute effective marketing strategies that meet the company’s goals and objectives.
Roles & Responsibilities:
Here are some of the major responsibilities of a digital marketing manager:
- Develop and execute digital marketing strategies to drive online traffic and generate leads.
- Manage digital marketing channels, including SEO, SEM, social media, email, and display advertising campaigns.
- Analyze campaign performance metrics and optimize strategies to maximize ROI.
- Manage digital marketing budgets and allocate resources effectively to achieve marketing goals.
- Utilize analytics tools to track and report on key performance indicators.
Average Salary Range: ₹3.0 LPA – ₹18.6 LPA
Top Companies Hiring:
- IndiaMART
- Marriott
- HDFC Life
- Abbott
- Kotak Life Insurance
12. Purchasing Manager
A purchasing manager is responsible for procurement in an organization. They are in charge of finding suppliers, negotiating contracts, and maintaining vendor relationships. Purchasing managers analyze market trends, assess suppliers and product quality, and make informed purchasing decisions. They work with different departments to understand procurement needs, develop procurement strategies, and streamline purchasing processes. The goal is to ensure that goods and services are acquired timely and cost-effectively.
Roles & Responsibilities:
Here are some of the major responsibilities of a purchasing manager:
- Develop and implement procurement strategies to meet organizational objectives.
- Source and evaluate suppliers, negotiate contracts, and establish vendor relationships.
- Analyze market trends, assess supplier capabilities, and identify cost-saving opportunities.
- Ensure compliance with purchasing policies, procedures, and regulations.
- Resolve supplier issues, including delivery delays, quality discrepancies, and pricing disputes.
Average Salary Range: ₹4.2 LPA – ₹15.6 LPA
Top Companies Hiring:
- Genpact
- Amazon
- Capgemini
- Hilton Hotels
- Tata Capital
- Four Seasons
13. Logistic Manager
A logistics manager is responsible for managing the movement of goods and materials within a supply chain. They oversee transportation routes, warehouse operations, and coordination with suppliers and distributors to ensure timely delivery of products. Logistics managers analyze inventory levels, forecast demand, and develop strategies to minimize costs and maximize efficiency. They also monitor logistics performance metrics, identify areas for improvement, and implement process enhancements to streamline operations.
Roles and Responsibilities:
Here are some of the major responsibilities of a logistics manager:
- Develop and implement logistics strategies to optimize supply chain efficiency and meet organizational objectives.
- Plan, coordinate, and oversee the transportation, storage, and distribution of goods and materials.
- Forecast inventory demand and ensure timely availability of products to meet customer needs.
- Negotiate contracts with transportation providers, warehouses, and other logistics partners to achieve cost-effective solutions.
- Monitor and analyze logistics performance metrics, such as on-time delivery and inventory turnover, and implement improvements as needed.
- Coordinate with suppliers, manufacturers, and distributors to ensure seamless coordination of logistics activities.
Average Salary Range: ₹2.5 LPA – ₹18.0 LPA
Top Companies Hiring:
- Mahindra Logistics Ltd.
- Blue Dart Express Ltd.
- Delhivery
- TVS Logistics Services
- Safexpress
14. Project Manager
A project manager is responsible for planning, executing, and overseeing the completion of specific projects within an organization. Their role requires coordinating resources, timelines, and tasks to ensure that projects are delivered on time, within budget, and according to predefined quality standards.
Project management is among the highest-paying jobs after an MBA in India, providing lucrative opportunities for those with strong leadership, organizational, and strategic skills to drive successful project outcomes and contribute to business growth.
Roles and Responsibilities:
Here are some of the major responsibilities of a project manager:
- Develop project plans outlining the scope, objectives, deliverables, resources, and timelines.
- Assign tasks and responsibilities to team members.
- Conduct regular team meetings to track progress and address issues.
- Identify potential risks and develop risk mitigation strategies.
- Define quality standards and ensure adherence to them throughout the project.
- Develop project budgets and monitor project expenses.
Average Salary Range: ₹8.6LPA – ₹36.9LPA
Top Companies Hiring:
- Wipro
- Accenture
- Cognizant Technologies Solution
- Capgemini
- Honeywell
15. Chief Technology Officer (CTO)
A CTO is a crucial member of any organization’s executive team. They are responsible for providing strategic direction, overseeing technical development, and ensuring the organization aligns with its business goals. The CTO plays a critical role in driving innovation and technological advancements to maintain a competitive edge in the market. As a senior executive, the CTO’s responsibilities include managing tech infrastructure, leading development, and creating a technological vision for the organization. It is among the highest-paying jobs after MBA in India.
Roles and Responsibilities:
Here are some of the major responsibilities of a chief technology officer:
- Develop and execute the company’s technical roadmap in alignment with business objectives.
- Lead and mentor a high-performing team of engineers, developers, and technologists.
- Oversee the end-to-end product development lifecycle, from ideation to deployment.
- Manage the design, implementation, and maintenance of scalable and secure technology infrastructure.
- Develop and implement security policies and procedures to protect company assets and customer data.
Average Salary Range: ₹12.0 LPA – ₹89.9 LPA
Top Companies Hiring:
- Amazon
- Cisco
- Microsoft
- Dell Technologies
Factors Affecting MBA Salary in India
Master of Business Administration or MBA is one of the most popular and in-demand post-graduate courses in India. It equips students with relevant knowledge and skills to be able to work in various industries. Though you can expect a high compensation, the pay usually varies depending on several aspects. Some of these factors affecting the MBA salary are listed below:
- Specialization: MBA in India is offered with different specializations like marketing, consulting, finance, IT and systems, human resources management, etc. Your salary depends on your domain of study. For example, an MBA in finance provides more high-paying opportunities than general management.
- Work Experience: The compensation package varies for fresher and experienced professionals. So, having a considerable years of experience makes you eligible for more high-paying jobs. For example, the average salary for an MBA fresher in India is ₹10 LPA, whereas an experienced professional with an MBA can earn ₹40 LPA.
- Location: The location of the organization you are applying for is also crucial in determining the salary package. It takes into consideration the market value and cost of living in the specific geographical area. You will find better-paying opportunities in cities like Delhi, Mumbai, and Bangalore.
- Business School: Another factor affecting your MBA salary is the institute you have graduated from. Some organizations offer better salary prospects for students from particular institutions.
Conclusion
Obtaining an MBA degree can greatly increase one’s earning potential in India. Some of the highest-paying jobs after an MBA in India include roles such as management consultant, investment banker, marketing manager, and operations director. With a competitive job market and growing economy, pursuing higher education through an MBA program is a wise decision for those looking to advance their careers and earn top salaries in India.
We hope this blog enables you to make an informed career decision. If you would like to explore more high-paying jobs, you can refer to our blog on the highest-paying computer science jobs.
FAQ’s
Answer: These are the highest-paying job roles that you can pursue after an MBA:
1. Chief Financial Officer (CFO)
2. Marketing Director
3. Investment Banker
4. Management Consultant
5. Operations Director
Note: The highest-paying job after an MBA depends on various factors such as location, industry, specialization, and level of experience.
Answer: Several MBA specializations in India are highly in demand due to various factors like industry trends, economic conditions, and emerging job opportunities. Some of the most in-demand MBA specializations in India include:
1. MBA in Finance
2. MBA in Marketing
3. MBA in Economics
Answer: Pursuing an MBA degree provides you with a thorough understanding of business fundamentals. However, it is crucial to assess how those skills would align with your unique interests and aspirations. Here are some popular and highly rewarding career paths for MBA graduates:
1. Product Management
2. Financial Analysis
3. Supply Chain Management
4. Human Resources Management