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 – Payscale.com

• 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 – Payscale.com

• 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 – Payscale.com

• 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 – Payscale.com

• 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.