Top 16 Highest Paying Management Jobs in India (with Salary Guide)
Management jobs span a wide range of industries and specialities. They offer opportunities for leadership and strategy and help steer organizations toward success. Many management roles also come with attractive salaries, especially when you gain experience. In this blog, we will look at some of the highest-paying management jobs in India and examine key details like responsibilities, required skills, and salary outlook.
Top 16 Highest-Paying Management Jobs in India
Here is a list of the highest-paying management jobs in India that are worth considering in 2024:
1. Operations Manager
Operations managers are responsible for overseeing and coordinating different aspects of an organization. This includes various tasks such as recruitment, training, implementing quality control measures, and conducting strategic analysis. These professionals have crucial roles in managing budgets, meeting project deadlines, and guaranteeing customer satisfaction within sectors including manufacturing, retail, healthcare, and hospitality. To be successful as an operations manager, one typically needs a bachelor’s degree in business administration or a related field, relevant technical knowledge, and industry-specific certifications. Operations management ranks among the highest-paying management jobs in India.
Key Responsibilities:
Here are the key roles and responsibilities of an operation manager:
- Manage operations and costs.
- Enhance management systems and practices.
- Streamline procurement, inventory planning, and warehouse efficiency.
- Ensure compliance with legal requirements.
- Set strategic goals and improve profitability.
Top Companies Hiring: Genpact, Amazon, Capgemini, HDFC Bank, Concentrix Corporation,
Axis Bank.
Average Salary Range:
Here is the average salary range for operations managers:
Beginner | ₹ 6.5 LPA – ₹ 10.0 LPA |
Intermediate | ₹ 15.3 LPA – ₹18.7 LPA |
Advanced | ₹ 25.0 LPA – ₹50.0 LPA |
2. Computer And Information Systems Manager
As businesses continue to rely heavily on technology, the demand for skilled IT managers has increased significantly, making it one of the highest-paying management jobs in India. Computer and information systems managers are professionals who are responsible for overseeing an organization’s technology systems and operations. They develop IT strategies, implement new technologies, manage IT staff, and ensure the company has a robust and secure technical infrastructure to support its goals. To excel in this role, one must possess strong leadership, project management, and communication abilities, along with expertise in computer science and information technology.
Key Responsibilities:
Here are some of the essential roles and responsibilities:
- Manage the IT budget and allocate funds according to department goals.
- Hire and train IT professionals like support specialists, network engineers, analysts, and technicians for the department.
- Monitor employee productivity and performance through regular reviews.
- Collaborate with other department heads to assess their technology requirements.
- Assign repair or installation tasks among IT employees as needed.
- Save track of hardware inventory to identify purchasing needs.
Top Companies Hiring: Grand Hyatt, ITC, Epsilon, Hyatt Regency, Info Edge.
Average Salary Range:
Here’s a table to analyze the salary range:
Beginner | ₹ 7.3 LPA – ₹11.1 LPA |
Intermediate | ₹ 15.0 LPA – ₹22.8 LPA |
Advanced | ₹ 25.2 LPA – ₹50.0 LPA |
3. Human Resource Manager
Human resource managers are responsible for managing the workforce. Their day-to-day tasks entail hiring employees, training them, deciding their salaries, and handling employee relationships. Due to the high demand for human resources managers across various industries, a key objective of HR professionals is to develop human resources strategies that align with overall company goals. This helps ensure employees are productive and choose to remain at the organization long-term. To be successful in this role, strong communication skills and problem-solving skills are important along with knowledge of labor laws and organizational psychology.
Key Responsibilities:
Let’s understand some of the roles and responsibilities associated with this job role:
- Plan and execute HR strategies that support business objectives.
- Mediate between management and employees to resolve issues or concerns.
- Lead the recruitment and selection processes for new hires.
Top Companies Hiring: Confidential, ICICI Bank, Reliance Retail, Cognizant, Mahindra & Mahindra.
Average Salary Range:
To understand the salary range, here’s a table:
Beginner | ₹ 6.4 LPA – ₹ 10.0 LPA |
Intermediate | ₹ 15.6 LPA – ₹19.3 LPA |
Advanced | ₹ 37.0 LPA – ₹50.0 LPA |
4. Marketing Manager
A marketing manager is one of the top-paid management jobs. These professionals develop and implement strategies to promote products or services, increase sales, and gain more market share. They analyze markets, plan advertising campaigns, manage budgets, and coordinate teams. Among their key responsibilities are creating strategies, content creation, budgeting, and analyzing performance. To succeed in this role, you should possess creativity, analytical skills, leadership abilities, and proficiency with data analysis tools and digital platforms. A bachelor’s or master’s degree in marketing or a related field is usually required.
Key Responsibilities:
The roles and responsibilities of a marketing manager include:
- Develop strategies and tactics to improve the company’s image and attract qualified customers.
- Create effective marketing campaigns from conceptualization to implementation.
- Try out different organic and inorganic/paid methods of attracting new customers or users.
Top Companies Hiring: Godrej & Boyce Manufacturing, Municipal Corporation of Gurgaon, Unilever, HDFC Bank, ICICI Bank.
Average Salary Range:
To understand the salary range, here is a table:
Beginner | ₹ 11.8 LPA – ₹ 15.0 LPA |
Intermediate | ₹ 16.9 LPA – ₹19.3 LPA |
Advanced | ₹ 40.0 LPA – ₹50.0 LPA |
Also Read: Highest Paying Marketing Jobs in India
5. Finance Manager
Finance manager jobs are in demand across various sectors including banking, corporate businesses, etc. As a finance manager, you would oversee an organization’s financial health by creating reports, developing strategies, and managing investments to maximize their value. Being a good leader with effective communication and problem-solving skills is important for this job since they manage teams and work closely with stakeholders. Ultimately finance managers play an important role in shaping the financial health of their organization while earning top salaries for their expertise.
Key Responsibilities:
Here are the essential roles and responsibilities:
- Manage company finances by collecting, analyzing, and reporting financial data.
- Oversee finance departments, including setting policies and budgets, hiring and training staff, and reviewing procedures.
- Ensure accurate accounting records through regular reconciliations while also complying with tax regulations.
- Document current financial status and predict future outcomes for the organization.
- Resolve conflicts related to finances among employees or external parties such as stakeholders or investors.
Top Companies Hiring: Genpact, HSBC Group, ITC, Accenture, Atos.
Average Salary Range:
You can analyze the salary range through this table:
Beginner | ₹ 11.8 LPA – ₹ 15.0 LPA |
Intermediate | ₹ 17.0 LPA – ₹20.3 LPA |
Advanced | ₹ 38.9 LPA – ₹50.0 LPA |
Also Read: Highest Paying Finance Jobs
6. Chief Executive Officer (CEO)
A chief executive officer holds the highest authority position in a company, which is why it is one of the highest-paying management jobs. Their key responsibilities revolve around setting strategic goals, overseeing overall operations and resources, ensuring profitability, and communicating with stakeholders. To succeed as CEOs, they need to possess leadership abilities, strategic thinking skills, and financial expertise. Advancing to CEO positions typically involves obtaining advanced degrees related to business management, understanding industry dynamics, trends, and financial management knowledge for running an organization effectively.
Key Responsibilities:
Here are the roles and responsibilities of a CEO:
- Create effective business strategies and plans that align with both short-term and long-term goals.
- Inspire and support employees to increase their commitment while building a strong managerial team for optimal performance.
- Manage all operations and activities of the company, ensuring they deliver desired outcomes in line with the mission statement and overall strategy.
- Build strong relationships with key partners and stakeholders and act as an intermediary for shareholders.
Top Companies Hiring: Google, R G Technosolutions, Amazon, TCS.
Average Salary Range
Here is the average salary range of a CEO as per experience:
Beginner | ₹ 16.3 LPA – ₹22.3 LPA |
Intermediate | ₹ 25.0 LPA – ₹30.8 LPA |
Advanced | ₹ 35.0 LPA – ₹1 Cr |
7. Social Media Manager
Social media managers play an important role in organizations. They focus on improving brand presence and engagement through social media. Due to the growth of social media platforms and their impact on consumer behaviour, this position has become the best-paid management job. Senior social media marketing manager jobs entail creating content schedules, running advertising campaigns, and analyzing data. These tasks are crucial to engage and communicate with the target audience effectively. To succeed as a social media manager, you need creativity, analytical skills, knowledge of digital marketing principles, proficiency in analytics tools and design software, and strong communication abilities.
Key Responsibilities:
Here are the key responsibilities of social media managers:
- Engage with customers and stakeholders through the company’s social accounts.
- Stay up-to-date on emerging social media trends relevant to marketing strategy.
- Use social media tools to build and manage the company brand.
- Assess the digital marketing plan, identify weaknesses, and suggest improvements.
- Collaborate with marketing experts to create effective social media campaigns.
Top Companies Hiring: Times Internet, MindShift Interactive, Zee Entertainment Enterprises, Country Holidays Inn & Suites, Swiggy.
Average Salary Range:
Here is the average salary range for social media managers:
Beginner | ₹10.5 LPA – ₹14.7 LPA |
Intermediate | ₹ 15.2 LPA – ₹16.9 LPA |
Advanced | ₹ 20.0 LPA – ₹35.8 LPA |
8. Information Systems Manager
They are responsible for coordinating and overseeing technology-related activities within organizations. They plan and oversee the development, installation, and support of computer systems to meet organizational needs efficiently. To excel in this role, one requires a combination of technical proficiency, leadership abilities, and strategic thinking. Key expertise includes project management, cybersecurity knowledge, and effective communication skills.
Key Responsibilities:
Here are some of the key responsibilities of information systems managers:
- Managing the IT department budget and allocating funds based on goals.
- Recruiting and training IT professionals for various roles in the department.
- Monitoring employee productivity and conducting performance reviews.
- Assigning repair or installation tasks to appropriate staff members
- Keeping track of hardware inventory for purchasing assessment
Top Companies Hiring: Epsilon, Info Edge, Hyatt Hotels & Resorts, ValeoL M Group
Average Salary Range:
Let’s understand the salary range for this job:
Beginner | ₹13.6 LPA – ₹16.2 LPA |
Intermediate | ₹ 17.9 LPA – ₹20.5 LPA |
Advanced | ₹ 30.0 LPA – ₹42.8 LPA |
9. Sales Manager
In sales manager jobs, the professionals lead and oversee a team of sales representatives, set sales goals, develop strategies to meet targets and ensure the overall success of their organization’s sales department. These jobs have become some of the highest-paying management jobs as they play a crucial role in generating revenue and promoting growth. To succeed in this role one requires strong leadership skills, excellent communication abilities strategic thinking, and deep knowledge about sales tactics and market dynamics. Additionally, data analysis skills and familiarity with CRM software are also vital to succeed.
Key Responsibilities:
There are some of the essential roles and responsibilities:
- Manage the sales team to achieve growth and meet sales targets.
- Develop and execute a strategic plan to increase the company’s customer base and maintain its strong presence in the market.
- Recruit, set objectives for, coach, and monitor the performance of sales representatives.
- Foster long-term customer relationships by partnering with them and understanding their needs.
- Present accurate reports on sales, revenue, and expenses, as well as provide realistic forecasts to management.
Top Companies Hiring: Axis Bank, HDB Financial Services, ICICI Prudential Life
Insurance, Kotak Mahindra Bank.
Average Salary Range:
Here’s a table to understand the average salary of sales managers as per experience:
Beginner | ₹12.1 LPA – ₹14.0 LPA |
Intermediate | ₹15.8 LPA – ₹18.2 LPA |
Advanced | ₹35.8 LPA – ₹50.0 LPA |
Also Read: Highest Paying Sales Jobs
10. Public Relations Manager
These professionals are crucial in shaping and upholding a positive image of organizations. They play an important role when it comes to managing reputations online and on social media, which makes their skills highly sought after. The responsibilities of the managers in public relations jobs include creating press releases, handling relationships with the media, and developing communication strategies to protect the integrity of brands. To excel in this field, individuals need excellent interpersonal skills, writing abilities, and strategic thinking capabilities. They also need to be adaptable to changes in how information is shared through various mediums.
Key Responsibilities:
Let’s understand some of the essential responsibilities related to this role:
- Create a plan for marketing communication, which includes the strategy, goals, budget, and tactics.
- Develop a strategy for media relations to get coverage in print, broadcast, and online platforms.
- Coordinate all activities related to public relations.
- Manage inquiries from the media as well as requests for interviews.
- Write content like press releases, articles, and keynote presentations.
- Track PR performance each quarter through analysis and reporting.
Top Companies Hiring: Sri Chaitanya Techno Schools, Adfactors PR, Merakii Group, Defense
And Strategic Industries, Goldman Sachs.
Average Salary Range:
Here’s a table to analyze the average salary range for this role:
Beginner | ₹10.5 LPA – ₹15.0 LPA |
Intermediate | ₹ 16.0 LPA – ₹17.5 LPA |
Advanced | ₹ 22.6 LPA – ₹30.0 LPA |
11. Training And Development Manager
These managers play a key role in organizations by overseeing the planning, implementation, and evaluation of training programs. They help employees improve their skills and stay with the company longer. Their main tasks include identifying training needs, creating curriculum content, and organizing sessions to enhance workforce performance. To succeed in this role one requires excellent communication, good leadership abilities along with strong organizational skills.
Key Responsibilities:
Let’s understand the essential responsibilities associated with this role:
- Develop and implement training programs aligned with company goals.
- Work with different departments to identify specific training needs and create personalized courses.
- Conduct engaging training sessions using various methods, such as in-person, virtual, or e-learning platforms.
- Evaluate the effectiveness of training programs and make necessary changes when needed.
- Stay updated on the latest developments in education and learning techniques.
- Manage the budget allocated for employee training effectively.
- Assist employees by creating career development plans that help them achieve their professional objectives.
Top Companies Hiring: Max Skill First, Cognizant, Genpact, Teleperformance, Bajaj Finserv.
Average Salary Range:
Let’s understand the average salary range for this role:
Beginner | ₹14.7 LPA – ₹18.5 LPA |
Intermediate | ₹ 19.2 LPA – ₹20.0 LPA |
Advanced | ₹ 25.7 LPA – ₹30.7 LPA |
12. Data Manager
Data managers supervise the development and use of data systems within organizations. These professionals ensure effective data management, establish data-sharing rules, formulate data collection techniques, and implement procedures for data handling and analysis. To excel in this role, you need an in-depth understanding of data administration and management functions, analytical skills, problem-solving skills, communication skills, and collaboration skills.
Key Responsibilities:
Let’s understand the essential responsibilities associated with this role:
- Create and implement policies for data management.
- Devise techniques for data collection to ensure the adequacy and accuracy of data.
- Create efficient and secure procedures for data handling and analysis.
- Establish data-sharing rules and procedures for sharing information with all stakeholders.
- Monitor and analyze data systems and their performance.
- Ensure the security of databases and archives from security breaches and data losses.
- Troubleshoot data-related problems and authorizing maintenance
Top Companies Hiring: Accenture, Tata Consultancy Services, Amazon, Capgemini, EY, IBM
Average Salary Range:
Let’s understand the average salary range for this role:
Beginner | ₹5.0 LPA – ₹9.0 LPA |
Intermediate | ₹9.5 LPA – ₹14.0 LPA |
Advanced | ₹15.0 LPA – ₹25.2 LPA |
13. Project Manager
Project managers are professionals who are responsible for the overall planning and execution of a particular project within a specified budget and schedule. They build, develop, and lead the project team to ensure maximum efficiency and performance. You need a strong technical background and an understanding of web technologies and software development to excel in project management jobs. Additionally, you should have strong written and verbal communication skills and organizational skills.
Key Responsibilities:
Let’s understand the essential responsibilities associated with this role:
- Develop project scopes, objectives, budget estimations, and implementation plans.
- Coordinate internal and external resources (third-party resources like vendors and researchers) for seamless project execution.
- Assign and monitor resources to maximize deliverables.
- Monitor the project status and make necessary revisions accordingly.
- Measure project performance using appropriate systems, tools, and techniques.
- Devise a risk mitigation plan for minimizing risks and ensuring an uninterrupted project workflow.
- Report project outcomes to management and maintain contact with all stakeholders.
Top Companies Hiring: Wipro, HCLTech, Honeywell, Capgemini, Oracle, Tech Mahindra, Deloitte
Average Salary Range:
Let’s understand the average salary range for this role:
Beginner | ₹7.7 LPA – ₹10.0 LPA |
Intermediate | ₹10.3 LPA – ₹14.0 LPA |
Advanced | ₹15.0 LPA – ₹30.0 LPA |
14. Brand Manager
Brand managers are responsible for customer experience and branding. These professionals ensure that the company’s products and services resonate with existing and potential customers. Additionally, they monitor market trends and competitors to stay ahead in a competitive market. The overall goal of brand manager jobs is to create a unique brand image and enhance brand awareness.
Key Responsibilities:
Let’s understand the essential responsibilities associated with this role:
- Perform regular market research to gather crucial brand-related data and analyze brand positioning.
- Develop brand management and marketing strategies.
- Assist in the design of retail packaging and the creation of in-store marketing displays.
- Work closely with advertising agencies to manage brand marketing campaigns.
- Manage a marketing team.
- Measure the performance of marketing campaigns across various KPIs (key performance indicators) and assessing ROI (return on investment).
Top Companies Hiring: Unilever, ITC, Nykaa, P&G, Nestle, Cipla, L’Oreal
Average Salary Range:
Let’s understand the average salary range for this role:
Beginner | ₹7 LPA – ₹10.0 LPA |
Intermediate | ₹11.0 LPA – ₹14.6 LPA |
Advanced | ₹15.4 LPA – ₹33.0 LPA |
15. Product Manager
Product managers are responsible for the development, strategy, and management of a product or a line of products throughout its life cycle. They identify customer needs and major business objectives and lead a team to design, build, and launch products. Product manager jobs require you to act as a bridge between the customer, the business, and the development team to achieve customer satisfaction and business goals. It is among high-paying management jobs.
Key Responsibilities:
Let’s understand the essential responsibilities associated with this role:
- Analyze customer requirements, market trends, and competitor products to identify and fill product gaps and generate new product ideas.
- Develop product pricing and positioning strategies.
- Convert product strategy into detailed requirements and prototypes.
- Lead the execution of all processes involved in the product lifecycle, including market research, planning, positioning, requirements and roadmap development, and product launch.
- Evaluate promotional plans to ensure they convey the message effectively.
- Work closely with the public relations team, executives, and other stakeholders to organize product launches.
Top Companies Hiring: Amazon, TCS, Oracle, Dell Technologies, FIS, Adobe
Average Salary Range:
Let’s understand the average salary range for this role:
Beginner | ₹7.0 LPA – ₹15.1 LPA |
Intermediate | ₹15.2 LPA – ₹20.2 LPA |
Advanced | ₹20.3 LPA – ₹38.0 LPA |
16. Management Consultant
Management consultants provide organizations with strategic advice to resolve issues, create value, maximize growth, and enhance business performance. Some of their key duties are reviewing financial statements and operational data, creating reports to outline management strategies, and communicating with various stakeholders to gauge requirements. To excel in this role, you should have strong management, communication, problem-solving, and analytical skills.
Key Responsibilities:
Let’s understand the essential responsibilities associated with this role:
- Analyze financial data from expenditure, employee, and revenue reports.
- Develop solutions for current issues and recommend new methods, procedures, or organizational changes.
- Interview company employees to understand their requirements.
- Discuss, provide feedback, and follow up with the management to analyze the status of the suggested changes.
- Prepare proposals and presentations to convey findings and recommendations.
Top Companies Hiring: PwC, KPMG, Cognizant Technology Solutions, McKinsey & Company, Genpact
Average Salary Range:
Let’s understand the average salary range for this role:
Beginner | ₹6.5 LPA – ₹18.1 LPA |
Intermediate | ₹18.2 LPA – ₹24.2 LPA |
Advanced | ₹24.3 LPA – ₹41.9 LPA |
Conclusion
There are lots of exciting possibilities for management jobs that offer high-paying career opportunities across diverse industries. This blog highlights some of the highest-paying management jobs in India available today, including the key responsibilities and average salaries for each role. Anyone willing to develop their management skills can find incredible opportunities to advance their careers and earn good incomes through these in-demand management roles in India. If you found this blog helpful, check out our blog on the highest-paying jobs in India, as well.
FAQs
Answer: The Chief Executive Officer (CEO) has the highest salary range out of the management positions listed, with an average annual salary between ₹22.3 LPA to ₹50 LPA. The high compensation for CEOs is due to their extensive responsibilities, which include developing business strategies, managing operations, and providing leadership for the entire company.
Answer: Management salaries are often high on account of the higher level of responsibility and strategic vision required for managerial positions. Managers are accountable for organizational success, and risk management. The advanced qualifications and experience, warrant higher compensation packages to attract and retain top talent.
Answer: Some of the most lucrative and in-demand management job roles are:
– Human Resources Manager
– Sales Manager
– Operations Manager
– Business Analyst
– Chief Executive Officer
– Accounting Manager
– Finance Manager
These roles come with attractive salaries, especially at senior levels.