Mba In Finance Salary
Mba In Finance Salary – Do you know the average MBA salary in India? You have no idea? The salary of an MBA graduate in India depends on qualifications and experience.
This is especially true when we see that MBA salaries in India are directly proportional to how skilled and advanced you are.
Mba In Finance Salary
Before jumping directly into the average MBA salary in India, let’s take a deeper look at the various specializations available under the MBA umbrella.
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Management is the art of successfully and effectively running a business to help members achieve organizational goals. There are tons of specializations under management that help you get different jobs and handsome salary packages. Some of the main specializations are:
A range of job roles are available within these specializations, such as Supply Chain Manager, Operations Manager, HR Manager, Marketing Manager and Manager.
A degree does not restrict you from taking up any of the above management roles as it is a common fact that every industry requires a certain level of leadership to ensure smooth operations.
Job location also affects the salary of MBA graduates in India. Although it completely depends on the graduate’s job profile, the standard and cost of living in different cities have a big impact on people’s salaries.
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As you progress and gain experience in the specialization you want to pursue, you usually move up. The higher you climb the ladder, the better you get paid.
The average salary of a fresh MBA graduate in India is around INR 2,90,000 per annum. But in the span of 1-4 years you can definitely jump to around INR 4,00,000 per annum. Such level of salary of an MBA graduate ensures experience and constant effort.
An average MBA graduate in India with 7-9 years of experience can expect a salary package of around INR 7,50,000 per annum.
Professional-level candidacies provided by MBA graduates command much higher salaries. For 15 years of experience, companies offer 15-16 lakh on an average. Moreover, more than 27,00,000 lakhs per annum is available to MBA graduates with 20+ years of experience along with domain specific profile. They are placed in top management positions like Vice President, CEO, COO to get such pay packages.
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This brings us to the end of the article on MBA Salary in India. Earning a specialized MBA degree can greatly enhance your growing career. MBA graduates have the opportunity to enter any industry due to the presence of management in almost all sectors. Do you want to advance your managerial career? An MBA is probably what you should go for! MBA Finance has a wide range of opportunities with banks, mutual funds, insurance companies, financial advisors and other financial companies. One Specialized offers opportunities for financial professionals in the fields of investment banking, international and corporate finance, merchant banking and portfolio management.
There are other specializations in finance namely wealth management, credit risk management, derivatives structuring, hedge fund management, private equity offer opportunities for advanced finance students. The future promises an experienced financial professional who can take on the role of financial advisor and help with financial policies in any financial organization.
Finance is one of the highest paying industries in India. Salary is not an obstacle for the right and qualified candidate. Starting salaries can range between ?8 – 10 lakhs per annum. Salaries vary depending on when the candidate earned their MBA. Work experience and geographic location also play an important role in your salary. Top students of B-Schools get packages worth around Rs. 8-12 lakhs per annum Moreover, there is no success bar for smart and experienced candidates. Salaries in investment banking go up to 1 to 1.3 crs if they show improvement in their skills. In the banking sector, credit analysts and banking specialists start at Rs. 4-7 lakhs per annum and earn as much as Rs. 15-20 lakh per annum when they reach high positions in banks. Analytical and managerial skills are essential. Make sure enough research is done, keeping in mind that you are looking at your long-term goals and career. Familiarize yourself with the current economic and financial trends in the market by reading and watching the news. There are various networking events related to financial services. Also, have the right attitude and be sure about the subject you want to specialize in your career.
Average salary for MBA finance graduates is INR 9-12 LPA. Some of the MBA Government Finance jobs are listed below:
Mba In Finance Career Outlook
MBA in Finance Salary ranges from 5 INR to 30 LPA in private sector. Job tags include:
While some B-schools across India are known to offer such a career-oriented MBA in the field of financial management, International Institute of Business Management () as a multi-specialization B-school has also made a mark as a career-oriented institute for MBA finance program. has full-fledged campuses in Bangalore.
I am currently pursuing my MBA at the Bangalore campus. The pros are: The overall experience is really good because the teachers are very friendly and always ready to help. The faculty has such knowledge that it is so interactive. We can get as much as we can from them. The schedule is good.
Being a student is an absolute joy, academically and personally. The institute provides adequate infrastructure and excellent learning atmosphere, which motivates us to work hard and allows us to rejuvenate during the academic pressure.
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Joining is truly a great privilege and one of the best decisions I have ever made. she helped me explore my knowledge and experience to enter the corporate world. I would like to thank the management for giving me the opportunity to be a part of this great institute. He really helped me in my professional development.
Bangalore is an institution with a vibrant culture and exceptional environment. so much initiative for their students and help in all problems, a better campus and a wonderful faculty. it gives the best placement not only in reputed Indian organizations but also in international platforms. I thank you for giving me the best opportunities and better career prospects.
I CONSIDER MYSELF EXTREMELY LUCKY BECAUSE I AM A MEMBER, WITH THEIR ADVICE AND REAL LIFE EXPERIENCE I WAS ABLE TO LEARN VARIOUS IMPORTANT SKILLS WHICH ARE ESSENTIAL FOR ANY POSITION IN THE COMPANY. THE LOCATION IS EXCELLENT AND PROVIDES NUMEROUS POSSIBILITIES FOR ADVANCEMENT
Is the best college with a good study environment where you learn and meet people from different cultures, the best for international placement and with an excellent package
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I joined in 2019 and during my master’s studies there was a job loss due to the pandemic. But in this pandemic situation, my dream came true by getting a job in an MNC named Oppo. I am very grateful to the faculties and the recruitment department for all the support and guidance.
Bangalore invites you to experience the ultimate professionalism and css-cultural connection as you pass through and let the change begin within you. The challenge for every young professional is to decide where to pursue their career and how to do so. For those considering finance, an MBA in finance can not only provide you with the skills to excel in finance, but also an understanding of the options available to you as a finance MBA graduate.
That’s why today we’re going to take a look at 8 amazing careers available after an MBA in Finance.
An MBA in Finance is just what the name suggests, a master’s degree in business administration that includes specialized course material directly related to finance. The core course material is similar to that of other MBAs, but as the student continues to earn his degree, his work becomes increasingly focused on finance. Thus, an MBA in finance creates a well-rounded graduate who is ready to lead others in the financial industry.
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An MBA in finance should not be confused with an MBA with a concentration in finance. The main difference is that instead of focusing on finance as a profession, a finance concentration is a focused look at how money moves within an organization and through the economy. This creates a person who is knowledgeable about how money works in business, but not how money works as a business.
A finance concentration is therefore best for those who want to understand the flow of money and how the economy affects business.
On the other hand, an MBA in finance is best for those who want to learn how money works and be able to apply that understanding to their career goals.
There is a constant need for finance professionals as the role expands to cover industries of all types. Every major company hires financial professionals to make the numbers work.
Top 10 Mba In Finance Career Paths In 2023
According to the U.S. Bureau of Labor Statistics, the number of jobs in finance is expected to grow by at least 7 percent between now and 2031, to a total of 715,100 new jobs.