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MBA Salary Guide : Starting Salaries & Highest Paying MBA Concentrations

14 Mar 2022

MBA Salary Guide: Starting Salaries & Highest Paying MBA Concentrations
Prospective management professionals with a MBA (Master of Business Administration) degree have the scope of enjoying higher salary than non MBA professionals. According to a survey conducted by Graduate Management Admissions Council (GMAC) the average salary for MBA graduate recruits in US companies for the year 2021 was approximately $115,000. The survey also revealed that this average salary of MBA recruits was $40,000 higher than already employed professionals in similar position and $50,000 more than recruits with just bachelor degree.

  • BFSI - The Banking Financial Services and Insurance sector requires MBA graduates the most. The financial, management, and accounting skills that they learn in their academic life are highly valuable for this sector.
    Job Role Estimated Salary Average Salary
    Financial Analyst $51k - $92k $67,589
    Senior Financial Analyst $59k - $85k $71,666
    Product Owner $76k - $147k $105,643

    Source Credit –

  • Sales and Marketing – MBA graduates have a huge demand in the field of Sales and Marketing. A large number of MBA freshers are hired by private sector businesses and start-ups at the entry-level. Though these are well paying jobs, and in addition they provide a higher scope of learning and experience.
    Job Role Estimated Salary Average Salary
    Senior Sales Executive 271k - 890k 501,922
    Key Account Manager 437k - 2m 865,484
    Marketing Manager 398k - 2m 931,114

    Source Credit –

  • Finance and accounting - MBA graduated have a rich scope in finance and accounting departments of leading organizations of every industry.
    Job Role Estimated Salary Average Salary
    Financial Controller $67k - $128k $93,184
    Finance Director $80k - $161k $85,665
    Senior Accountant $58k - $88k $121,896

    Source Credit –

  • Investment banking - MBA graduates can choose to start a career in investment banking, as they have a huge opportunity in this field.
    Experience Level Average salary
    Entry level position INR 3,50,000 and above
    Experienced Professionals INR 7,12,000 and above
    Average Salary INR 10,00,000 and above

    Source Credit – Collegedunia

  • Business Consultancy - Consultant is a role that is generally offered to both fresher and experienced MBA professionals, and it is a great way of starting their careers in the business world.

    Business Consultant Salary in India

    Entry Level Consultant 413,000
    Senior Consultant 1,288,000
    Associate Consultant 6,50,000
    Business Analyst 6,77,500
    Business Consultant 1,272,000

    Source Credit – GMat

  • Ecommerce Consultant - With the rapid increase of eCommerce companies, there is a huge spike in the transactions on eCommerce platforms. This sector also provides huge scope for BBA graduates to kick start their careers.
    Job Role Estimated Salary Average Salary
    Campaign Manager 399k - 2m 738,813
    Operations Team Leader 450k - 1m 742,976
    Payroll Analyst 275k - 603k 415,697

    Source Credit –

  • Public Sector jobs - Numerous government agencies recruit MBA graduates for various posts. The government sector offers job security, status, and immense growth potential and hence great scope for MBA pass-outs to start their career. Salary of MBA passouts in public sector depends upon the post they are hired. Their grade pay and the dearness allowance the government is providing at that time.
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