What salary do MBA’s from Premier Business Schools in India get?

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This is a question that I get asked quite often – We normally hear only the ones who get highest salaries, but most of us do not know what is the average salary that a MBA should look at (if he/she has passed from premier Business School)

Here are some of the figures from the survey conducted by iimjobs.com – These numbers were collated based on salary data administered between May 16 to 31, 2010 with over 5600 MBA graduates sharing their salary data anonymously.

Average MBA Salaries for Systems (I.T) Sector

MBA-Systems-IT-salaries

Salaries grew fastest at 12.7% for professionals working in IT sector, taking them closer to their batch mates working in Finance and Consulting. Average salary for MBAs working in IT sector was observed to be 12.9 lakhs for 3 to 4 years of experience and 17.3 lakhs for 5 to 7 years of experience.

Average MBA Salaries for Sales & Marketing Sector

MBA-Marketing-salaries

Professionals in Sales & Marketing saw 11.8% growth in compensation this year. Average salary for MBAs working in Sales & Marketing was observed to be 9.8 lakhs for 1 to 2 years of experience, 13.6 lakhs for 3 to 4 years of experience and 18.1 lakhs for 5 to 7 years of experience.

Average MBA Salaries for Finance Sector

Finance-MBA-Salaries

Average salaries in Finance was observed to be 11.5 lakhs for 1 to 2 years of experience, 14.3 lakhs for 3 to 4 years of experience and 19.6 lakhs for 5 to 7 years of experience.

Average MBA Salaries for Consulting Sector

MBA-Consulting-salaries

Average salaries in Consulting grew around 7.6% and was observed to be 11.5 lakhs for 1 to 2 years of experience, 14.7 lakhs for 3 to 4 years of experience and 18.4 lakhs for 5 to 7 years of experience.

Attrition Rate for MBA Graduates

Attrition rate was observed to be highest at 13.6 % for Finance graduates with 3 to 4 years of experience. It was lowest at 6.9% for professionals in General Management/Consulting. Average Attrition rate was 11.2%.

  1. James says

    For iim’s u have to pass their entrance exam called CAT.

  2. Ravi Yadav says

    tell me actual creteria for joining iim please also tell which is best sector in MBA as I m pusuing BBA.

  3. Anuj says

    Dears,
    This is anuj kumar. I did my Mba in 2008-10 from a low grade college. now at the placement time m strugling for the good compny as well a good pkg, and also having 2.5 year exp in sales and marketing.
    Now can any one suggest me what should I do for better.

    waiting some fruit full response

    Anuj kumar
    08826841545

  4. Aditya Tare says

    The salary level have really increased compared to 2008-2009 times. Also the Demand of market is really increasing for MBA from top business schools.

  5. Anand Srivastava says

    must watch it……..

    1. Amit Shukla says

      NICE ONE REALLY

    2. Anand Srivastava says

      thank u

  6. Sumeet Gangatre says

    Please tell me average (mba system) colleges in mumbai and pune, Syllabus and salary?

    1. Adithya Gunasekar says

      List of MBA Colleges in Mumbai
      Jamnalal Bajaj Institute of Management Studies (JBIMS)
      National Institute of Industrial Engineering (NITIE)
      Shailesh Mehta school of Management,IIT Powai (I I T B)
      S.P Jain Institute of Management and Research (SPJIMR)
      Tata Institite of Social Sciences (TISS)
      Narsee Monjee Institute of Management Studies (NMIMS)
      K.J Somaiya Institute for Management Studies and Research
      Prin. L N Welingkar Institute of Management Development and Research
      S.I.E.S College of Management Studies
      Chetana's R.K Institute of Management and Research
      AEGIS School of Business, Navi Mumbai
      Alkesh Dinesh Mody Institute
      Altair Business School
      Anjuman-I -Islam's Allana Institute of Management Studies (AIAIMS)
      Asian Institute of Management
      ASM's Institute of Management and Computer Studies
      Atharva School of Business
      Babasaheb Gawde Institute of management Studies
      The Bombay School of Business
      Institute for Technology and Management (ITM) Kharghar Navi Mumbai
      Center for Management and Information Technology
      Elphinstone College
      Garodia School of Professional Studies
      ICFAI Business School
      Indian Institute of Export and Import Management
      All the colleges or Institutes mentioned above conducts full time MBA programs.

      FOR MORE QUERIES VISIT: https://www.facebook.com/pages/Career-Corner/322514784486064

  7. sheetal says

    The salary level have really increased compared to 2008-2009 times. Also the Demand of market is really increasing for MBA from top business schools.

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