MBA Salary: Per Month, For Freshers, Experienced, Highest Salary, Specialization Wise

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Swatantra Khandelwal

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MBA General Latest Updates

27 Feb, 2026 NTA has released the CUET PG 2026 City Intimation Slip. 

18 Feb, 2026 NTA has declared the CMAT Result 2026. Download your scorecard here. 

16 Feb, 2026 Subject-Wise Schedule of CUET PG 2026 has been released. Click to Download 

12 Feb, 2026 Registration has been started for MBA and MCA programs from 12th Februrary 

28 Jan, 2026 The OJEE 2026 application process started on 28th January and will end on 22nd March, 2026. Check Here

08 Jan, 2026 JEECUP application dates have been released. Application from 15th January to 30th April, 2026. Check Here. 

05 Jan, 2026 PESSAT 2026 registration has been started @admissions.pes.edu. Apply Here 

03 Jan, 2026 SAAT 2026, the 17th edition of this entrance test, will be conducted in online format. Check Here 

03 Jan, 2026 Karnataka PGCET Exam Dates released for MBA,MCA,M.E./M.Tech. Check Dates Here

23 Dec, 2025 MAH MBA CET 2026 exam will be held from 6th April – 8th April 2026. 2nd exam will be conducted on May 9, 2026. Check Here 

22 Dec, 2025 Online application for FDDI AIST 2026 will open from 1st January 2026. The exam will be held on 10th May 2026. Check Here 

15 Dec, 2025 HPCET 2026 exam schedule has been released. Exam will be held on 10th May 2026 for UG & PG Courses. Check Here 

MBA is one of the most sought-after management degrees not only in India but globally as well. According to a GMAC survey conducted by Corporate Recruiters Survey (CRS), an MBA salary is almost 77% more than those with a bachelor’s degree. The average MBA salary in India for 2024 was INR 7 LPA.

MBA salary depends on the different specializations opted for while pursuing an MBA course. MBA Finance is considered as the highest-paying MBA Specializations in the world. The average MBA Finance salary in India can scale up to INR 21 LPA with relevant experience and expertise. MBA HRM is one of the most popular MBA specializations. According to payscale, the average salary of an HR Manager in India is INR 7.00 LPA and the average salary of a Marketing Manager in India is INR 6.50 LPA.

MBA salary differs based on parameters such as location, institutions and the companies that one is associated with. In India, IIM graduates usually grab the highest salary packages. The highest salary for IIM Ahmedabad stood at INR 1.15 Crore per annum for the last year, while the average salary recorded was INR 35.50 LPA. The average MBA salary ranges between INR 6.30 LPA - 11.20 LPA in India. Gurgaon, Bangalore, Mumbai, and Delhi are some of the cities in India with the highest MBA salary.

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MBA Starting Salary in India

MBA salary in India depends upon various factors such as specializations, colleges, job profiles, etc. MBA starting salary in India can be expected anywhere between INR 4.50 LPA - 9 LPA. Some of the top-ranked and Best MBA Colleges in India offer an average placement salary package of around INR 15 LPA - 40 LPA. MBA starting salary in India of top MBA colleges is given below in the table:

College Name Average Annual Salary (INR)
IIFT Delhi 25.16 L
SPJIMR Mumbai 32.06 L
NIT Trichy 16.50 L
VIT University, Vellore 8.19 L
Jamia Millia Islamia University, New Delhi 13 L
XLRI Jamshedpur 30.73 L
Chandigarh University, Chandigarh 9.54 L
Symbiosis Institute of Business Management, Pune 23.06 L
NMIMS Mumbai 23.07 L
LBSIM New Delhi 11.30 L
BIMTECH Greater Noida 9.38 L
Women University, Hyderabad 8.60 L

MBA Placements 

MBA from a well-respected and prestigious institution assures candidates of good and lucrative placement packages. There are very high possibilities to get a high salary package after MBA from IIMs or some Top Private MBA Colleges in India. Click on the links given below in the table to check out the highest MBA Placement packages in some of the top MBA colleges in India.

IIM MBA Salary

IIM or Indian Institute of Management is considered the best MBA college in India. MBA Salary after completing MBA from IIM is quite higher than many top MBA colleges in India. Also, the highest MBA placement packages in India are grabbed by IIM students. The highest recorded domestic placement package stood at INR 75 LPA by IIM Ahmedabad. Tabulated below is the average annual IIM salary for all the Top IIMs in India.

College Name MBA Highest Package (INR)
IIM Ahmedabad 75 L
IIM Bangalore 32.10 L
IIM Calcutta 42.50 L
IIM Kozhikode 61.5 L
IIM Indore 70 L
IIM Lucknow 61.59 L
IIM Raipur 42.15 L
IIM Tiruchirappalli 34 L
IIM Udaipur 35.96 L
IIM Ranchi 67 L
IIM Rohtak 32 L
IIM Kashipur 28.82 L
IIM Nagpur 31.54 L
IIM Sambalpur 41 L
IIM Amritsar 25.21 L
IIM Sirmaur 26.5 L
IIM Bodh Gaya 30.50 L
IIM Visakhapatnam 31.60 L
IIM Jammu 24.50 L

IIT Salary

There are only a few Indian Institute of Technology - IIT colleges offering MBA courses. MBA from the top IIT colleges in India results in high and lucrative placement job opportunities. IIT colleges also offer equator job offers to MBA students in their placement drive which helps them to grab high MBA salaries.

IIT Bombay’s Shailesh J. Mehta School of Management and IIT Delhi’s Department of Management Studies are the top IIT colleges offering the highest MBA salary. The following table highlights the average annual salary offered in the IITs.

College Name Average Annual Salary (INR)
IIT Bombay 22.7 L
IIT Delhi 18.5 L
IIT Kharagpur 19.36 L
IIT Madras 21.48 L
IIT Kanpur 28.7 L
IIT Roorkee 16.8 L
IIT Dhanbad 10.02 L

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Specialization Wise MBA Salary in India

MBA is offered with more than 15 sub-specializations. As mentioned before, MBA salary often varies with different MBA specializations. MBA specializations will determine the type of job and sectors which is one of the prominent factors in estimating one's MBA salary. MBA in HRM, Finance, and Marketing. are some of the most sought-after MBA specializations in India.

The following table represents the highest-paying MBA specializations in India.

MBA Specialization Average Annual Salary (INR)
MBA Finance 8.90 L
MBA Human Resource Management 6 L
MBA Information Technology 6 L
MBA Logistics Management 7.08 L
MBA Marketing Management 7.52 L

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MBA in Finance Salary

An MBA specialization in finance focuses on aspects like Management accounting & control, the Indian capital, Money market & banks, International finance, etc. MBA Finance is considered to be one of the toughest MBA specializations, but it lands with some most reputed job options with the highest MBA salary package. MBA salary for various job profiles after completing an MBA in Finance is tabulated below: 

Job Positions Average Annual Salary (INR)
Corporate Controllers 12.24 L
Accounting Manager 7.10 L
Credit Managers 5.80 L
Financial Analyst 4.12 L

MBA HR Salary

The Human Resource (HR) Management course teaches you about recruiting, training, team building, employee policies, salaries, benefits & increments, employee health & safety, and finally the staff amenities. MBA salary for various job Profiles in MBA HR Management is given below.

Job Positions Average Annual Salary (INR)
Senior Human Resources Consultant 17 L
HR Operations Manager 10.34 L
Employee Relations Manager 7.32 L
Human Resources Manager 7 L

MBA IT Salary in India

Students studying an MBA in Information Technology Management are structured to train and produce managers who can effectively handle the planning, design, selection, implementation, use, and management of current and parallel information and communication technologies. Project Manager is the most reputed and highest paying job position for MBA IT graduates. MBA salary for various MBA job positions in MBA Information Technology is given below.

Job Positions Average Annual Salary (INR)
Project Manager 21 L
System Manager 14 L
Marketing Manager 11 L
Business Development Manager 7 L

MBA Logistics Management Salary in India

Logistics Management is a significant part of supply chain management which deals with planning, implementing, and controlling the flow and storage of goods and services between the point of origin and point of consumption. MBA salary for various MBA job positions in MBA Logistics Management is given in the table below.

Job Positions Average Annual Salary (INR)
Logistic Manager 7.08 L
Logistics Officer 5.50 L
Supply Chain Coordinator 3.97 L
Logistics Supervisor 3 L

MBA Marketing Salary

MBA in Marketing imparts knowledge about how to fulfill the interests of consumers and how to promote business strategies & techniques. This will help students to transform the needs of the consumer into services or products that the organization can profitably sell, distribute, and promote in the market. The average salary for various MBA job positions in MBA Marketing is given below.

Job Positions Average Annual Salary (INR)
Senior Marketing Manager 18 L
Project Manager 14 L
Senior Business Analyst 17 L
Marketing Manager 10 L
Area Sales Manager 7 L
Business Development Manager 5.97 L
Business Development Executive 23 L

MBA Salary: Mode Wise

MBA is offered in various modes such as Regular MBA in Institute, Distance MBA as well as Online MBA. Many institutions have started offering MBA courses through Online and Distance modes for students unable to attend classes by visiting institutions. MBA salary changes based on the type of MBA one has completed. The following table shows the average MBA salary mode-wise:

MBA Type Average Annual Salary (INR)
Regular MBA  4 L - 32 L
Distance MBA  6 L - 8 L
Online MBA  4 L - 6 L
Executive MBA 12 L - 40 L

MBA Salary: FAQs

Ques. What is the salary of an MBA candidate in India?

Ans. The average salary for an MBA candidate in India is approximately INR 7.3 lakhs. The common factors affecting the MBA salary in India are experience, location, job role, and skillset.

Ques. What is the Salary for an MBA fresher?

Ans. A fresher earns more than INR 30000 after completing his MBA degree. This amounts to about INR 3,60,000 in a year.

Ques. What is the highest MBA salary in India for the session 2024?

Ans. The highest MBA salary in India stood at INR 75.2 LPA by IIM Ahmedabad in domestic packages.

Ques. What is the MBA salary in India based on Indian cities?

Ans. Gurugram is the highest-paying market with an average salary of INR 7,50,000. Bangalore follows up with INR 7,30,000. In Mumbai, an MBA gets INR 7,32,000, while in Delhi, around INR 6,90,000 is given.

Ques. Which MBA has the highest salary?

Ans. The MBA Specialisations that offer the best salary are MBA Finance, MBA Entrepreneurship, MBA Marketing, MBA Operations, etc.

Ques. What is the salary in MBA Marketing?

Ans. Marketing Management professionals can find job opportunities in Advertising Agencies, Marketing Companies, FMCG sectors, Financial Services, IT, etc. According to payscale, an MBA Marketing candidate's average salary is Rs. 752,000 per annum.

Ques. What are some of the highest-paying jobs for MBA candidates in India?

Ans. The highest-paying jobs for MBA graduates are Investment Banker, Project Manager, Business Consulting and Strategy Consulting, Business Development Manager & Marketing Manager.

Ques. Why is the MBA salary so high?

Ans. Most recruiters attribute their high trust in business school candidates to their versatility, good analytical skills, and excellent communication abilities.

Ques. What entrance tests are required for admission to the MBA program?

Ans. You need to take the management entrance test approved by the B-Schools that you are selecting for access to the MBA or PGDM program. Some major entrance exams are CAT, MAT, XAT, SNAP, NMAT, CMAT, and GMAT.

Ques. Can we get an MBA admission without a CAT, CMAT, or exam?

Ans. There are a variety of private universities and MBA institutions that give direct access to applicants on the basis of their academic or job profile. However, having a CAT, CMAT or some other reputable MBA entrance exam score will help you get admission to the best of the best institutes.

Master of Business Administration [MBA] : 554 answered questions

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Ques. Mba cutoff for 2025 admission and which entrance is accepted?

● Top Answer By Vinima Bhola on 25 Jun 25

Ans. MBA admission at NIT Rourkela Factor Details Entrance Exams CAT, MAT, CMAT, XAT Eligibility Bachelor’s degree, 50% aggregate (45% SC/ST) Selection Entrance score + GD + PI + academics CAT Cutoff (2025 expected) 70 percentile (General), 60 percentile (SC/ST/PwD) Selection Process For MBA  Entrance Exam CAT, XAT, MAT, etc. (cutoff varies by institute) Shortlisting Based on exam scores, academics, work experience GD/WAT Group Discussion / Written Ability Test Personal Interview Assesses personality, motivation, and fit Final Selection Composite score (exam+GD+PI+academics+experience); offer letter to top scorersRead more
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Ques. I had done diploma after 12th then did b.tech of 3 years ...am I eligible for IIT Kharagpur mba program?

● Top Answer By Vinima Bhola on 23 Jun 25

Ans. If you merely have a three-year B.Tech degree following a diploma, you are not qualified for the IIT Kharagpur MBA programme .  According to the eligibility requirements, you must hold a qualifying master's degree or a standard 4-year B.Tech degree (after 12th grade). Eligibility requirements for MBA: Qualification Eligibility for IIT Kharagpur MBA (VGSoM) Reason/Explanation Diploma after 12th + 3-year B.Tech Not Eligible Requires a 4-year B.Tech or a qualifying master’s degree Regular 4-year B.Tech after 12th Eligible Meets the minimum duration requirement Master’s degree in Science/Economics/Commerce (with stats/math bachelor’s) Eligible Meets the alternative degree requirement Other bachelor’s degrees (e.g., BBA, BSc, BA, BCom) without a master’s Not Eligible Only engineering/tech/pharmacy (4-year) or qualifying master’s degrees are accepted If you just have a three-year B.Tech degree after receiving a diploma, you are not qualified for the IIT Kharagpur MBA programme.  According to the eligibility requirements, you must hold a qualifying master's degree or a standard 4-year B.Tech degree (after 12th grade).Read more
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Ques. How can I get admission in mba ?

● Top Answer By Vinima Bhola on 23 Jun 25

Ans. Admission in MBA in GITAM Vizag Step Details Eligibility Bachelor’s degree, 50% marks, final year students eligible Entrance Exams GBAT, CAT, MAT, NMAT, CMAT, SNAP, AP ICET, TG ICET Application Online via the GITAM portal Selection Entrance exam score + personal interview Admission Merit-based, final offer after interview Fee Structure (2025) Visakhapatnam Campus: 1st Year:  4,18,300 2nd Year:  4,26,600Read more
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Ques. What is the mat cut-off in Reva University and it's good for MBA?

● Top Answer By Vinima Bhola on 20 Jun 25

Ans. In the past few years, including 2023 and 2024, the MAT (Management Aptitude Test) cut-off for MBA admissions at Reva University in Bangalore has continuously been in the 60 % for all MBA specialisations and postgraduate programmes for the General category. Reva University is recognized as a private university in Bangalore with a range of MBA specializations. The university accepts scores from national-level entrance exams like MAT , CAT, CMAT, which makes it accessible to a wide pool of candidates. MBA specializations Finance Marketing International Business Operations Management Human Resource, and others. However, its reputation and placement outcomes may not be as strong as some of the top-tier B-schools in India.Read more
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Ques. How are the placements for Master of Business Administration [MBA] at EPGI, Bangalore?

● Top Answer By Ashok Kumar reddy on 19 Aug 24

Ans. We got 2nd second on words getting placements. In my college highest package is 400000 lakhs per annaum. They are taking minimum percentage of 65 to 99 percentage offering. I have plan for after degree to start a new business in our village or my town for framing to help.Read more
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Ques. What is the admission process at Master of Business Administration [MBA] EPGI, Bangalore?

● Top Answer By Ashok Kumar reddy on 19 Aug 24

Ans. I have went so many colleges v it t they told that we have to waiting for college sets and we have return a pgcet exams for free seet but I didn't get seat in any colleges because of low rank. yes I have went for Nagarjuna college but they given for admission to me of 30000 for two years and last finally they told that we don't have 300000 rupees seets on Bengaluru north university. For me they told that we have less seets for joining for MBA they told 450000 for two years but we have convened and I got 400000 for two years. Exam fee is for one student is 4500 rupess. For cultural activities 1000 rupess they will collect.Read more
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Ques. What is the fees for Master of Business Administration [MBA] in EPGI, Bangalore?

● Top Answer By Ashok Kumar reddy on 19 Aug 24

Ans. I have paid 1st year two lakhs and second year two lakhs I have paid. My caste category is general that's why I didn't get schloorships. My native is Andhra Pradesh their I will get scholarship on my caste. My friend got scholarship minimum of 30000 per year. I don't no exact scholarship which the government give scholarship. My tusion fee is 2500 and caution fee is 47000. we don't have lab fee. We have exam fee for 1 semester 4500. They will take SC, ST category for management sets also.Read more
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Ques. How is the course curriculum of Master of Business Administration [MBA] in EPGI, Bangalore?

● Top Answer By Ashok Kumar reddy on 19 Aug 24

Ans. I have taken in degree bachelor of commerce and I have choosen in master of business administrators in this courses. I have giving one suggestion for improving in my college teaching only we don't have good faculty for us. The time they will give 1 month they will give for preparations for exams.Read more
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Ques. How are the placements for Post Graduate Diploma in Management [PGDM] at MICA?

● Top Answer By Dhairya Goel on 07 Feb 24

Ans. The college establishes 100% Summer and Final placements every year. Leading companies visit campus and recruit students regularly. Roles revolve around marketing and related functions. There are ample opportunities for every student, and after joining the college, one should be assured of getting a job.Read more
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Ques. How is the course curriculum of Post Graduate Diploma in Management [PGDM] in MICA?

● Top Answer By Dhairya Goel on 07 Feb 24

Ans. The course is hectic, with a curriculum filled with subjects of varied fields. First-year holds generic courses, while the second year provides an opportunity to choose majors in the field of brand management/ media/ data science. The college holds a good faculty: student ratio with multiple visiting and permanent faculties. Faculties are majorly Ph.D. holders and industry professionals with vast experience of working in various industries. Exams happen regularly with mid-sem and end-sem examinations. A thorough knowledge of the subjects is required to pass the exams.Read more
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