Top 5 Highest Paying MBA Specialisations in India 2024 - Check Details Here

Updated On: October 17, 2024 08:16 PM

The top 5 highest paying MBA specialisations in India are MBA in Finance, MBA in Marketing, MBA in Operations, MBA in Business Analytics, and MBA in Entrepreneurship. After specialising in these areas, graduates can get an average starting salary of INR 10 LPA.

Table of Contents

Top 5 Highest Paying MBA Specialisations in India
MBA in Finance
MBA in Marketing
MBA in Operations
MBA in Business Analytics
MBA in Entrepreneurship
How to Choose the Best MBA Specialization?
Faqs

The top 5 highest paying MBA specialisations in India are MBA in Finance, MBA in Marketing, MBA in Operations, MBA in Business Analytics, and MBA in Entrepreneurship . After pursuing an MBA from one of these specialisations, graduates can start their career with a salary of INR 8-10 lakhs per annum which can go up to INR 25 LPA with experience. These days, companies value professionals who bring a blend of technical knowledge and leadership skills to the table, especially in sectors like finance, technology, consulting, and marketing. So, prospective candidates must choose their MBA course specialisation wisely, as it significantly impacts their earning potential. Explore the top 5 highest paying MBA specialisations in India 2024, providing valuable insights for those planning to embark on their entrepreneurial journey.

Also read: List of Best MBA Specialisations in India for 2024

Top 5 Highest Paying MBA Specialisations in India

Here are the top 5 highest paying MBA specialisations in India. These may also apply to Executive MBA courses :

MBA Specialisation	Average Starting Salary	Average Highest Salary
MBA in Finance	INR 6 LPA	INR 20 LPA
MBA in Marketing	INR 6.74 LPA	INR 25 LPA
MBA in Operations	INR 6.4 LPA	INR 25 LPA
MBA in Business Analytics	INR 10 LPA	INR 22.5 LPA
MBA in Entrepreneurship	INR 5 LPA	INR 23 LPA

Also read: Highest Paid Jobs in IT Sector in India 2024

Ques: Which MBA specialization is best paid in India?
Ans : The MBA specializations that are best paid in India include Finance, Marketing, and Operations Management. These fields often offer higher salary potential due to demand and the specific skill sets they require. However, it's important to note that factors such as experience, company, and location also play a significant role in determining salaries.

MBA in Finance

MBA in Finance is considered one of the highest-paying MBA specialisations. It primarily focuses on asset management, financial planning, investment, pricing, resource management, and other topics related to finance management. Pursuing an MBA in Finance can open up a plethora of opportunities for candidates who are interested in analysing a company's financial report, stock values, balancing risk and profitability, and portfolio management.

Top MBA in Finance Job Profiles with Average Salary

The average salary for MBA in Finance is INR 6,00,000. With 5-10 years of experience, a professional can earn up to INR 20 LPA. Some of the top positions available after MBA in Finance along with their salary are provided below.

MBA in Finance Job Profile	Average Salary
Budget Analyst	INR 6 LPA
Portfolio Manager	INR 16 LPA
Asset Manager	INR 10 LPA
Investment Banker	INR 18 LPA
Fund Manager	INR 28 LPA
Insurance Agent	INR 12 LPA
Credit Risk Manager	INR 11 LPA
Hedge Fund Manager	INR 23 LPA
Financial Advisor	INR 5 LPA
Stock Analyst	INR 2.8 LPA

Top MBA in Finance Colleges in India with Fees

Being one of the most highest paying MBA specialisations in India, MBA in Finance is offered by many colleges in India, The average fee for the program is INR 4,00,000. Listed below are some of the well-known colleges offering MBA in Finance in India .

MBA in Finance College	Total Fees (Approx.)
Genesis Business School, Pune	INR 5.15 Lakhs
Institute of Technology & Science, Ghaziabad	INR 2.85 Lakhs
Graphic Era University, Dehradun	INR 7.17 Lakhs
Siksha 'O' Anusandhan University, Bhubaneswar	INR 6.00 Lakhs
ABES Engineering College, Ghaziabad	INR 13.36 Lakhs
Xavier University Bhubaneswar, Bhubaneswar	INR 20.9 Lakhs

Also Read: Emerging MBA Specialisations in India

MBA in Marketing

Being one of the highest paying MBA specialisations in India, MBA in Marketing is a popular specialisation among candidates due to the high annual packages that the program offers. This specialisation enables students to learn about brand management, marketing tactics, leadership skills, consumer behaviour, and other marketing strategies. MBA in Marketing is a good choice for students who are interested in managing the promotion and marketing activities of any organization. Those who have good knowledge of SEO and social media platforms can also opt for this course.

Top MBA in Marketing Job Profiles with Average Salary

The average salary that the candidates can earn after MBA in Finance is INR 6,74,000. Professionals who have been working in this field for many years can get up to INR 15 LPA. Some of the top positions available after MBA in Marketing along with their average salary are provided below.

MBA in Marketing Job Profile	Average Salary
Luxury Brand Manager	INR 12 LPA
Marketing Manager	INR 11.4 LPA
Marketing Executive	INR 3.2 LPA
Fashion Marketing Manager	INR 13.2 LPA
Digital Marketing Manager	INR 8.6 LPA
Brand Manager	INR 15 LPA
Regional Sales Manager	INR 17.5 LPA
Social Media Manager	INR 4.8 LPA

Top MBA in Marketing Colleges in India with Fees

MBA in Marketing is one of the traditional courses opted by many students since it is one of highest paying MBA specialisations in India. The average fee for MBA in Marketing is INR 4,50,000. Provided below are some of the well-known colleges offering MBA in Marketing in India .

MBA in Marketing College	Total Fees (Approx.)
Glocal University, Saharanpur	INR 6 Lakhs
Rathinam Group of Institutions, Coimbatore	INR 3.8 Lakhs
IFIM Group of Institutions, Bangalore	INR 10.5 Lakhs
Faculty of Management Studies, Delhi	INR 20,960
VELS University, Chennai	INR 10 Lakhs
Tecnia Institute of Advanced Studies, New Delhi	INR 2.18 Lakhs

Also Read : Which One is Better - MBA in Finance or MBA in Marketing?

MBA in Operations

The demand for MBA in Operations has been consistently high over the past few years since it is one of the highest paying MBA specialisations in India. This specialisation is focused on the creation, planning, and management of resources used by businesses to produce goods or services. This specialisation is ideal for those who enjoy communicating with people. Students who complete an MBA in Operations will have a wide range of career opportunities, including consulting firms, financial institutions, hospitality, construction, warehousing, and inventory management.

Top MBA in Operations Job Profiles with Average Salary

The average salary available after MBA in Operations is INR 6,40,000. Some of the top positions available after MBA in Operations along with their average salary are provided below.

MBA in Operations Job Profile	Average Salary
Supply Chain Manager	INR 14 LPA
Logistics Manager	INR 9.54 LPA
Airport Operations Manager	INR 12 LPA
Supply Chain Analyst	INR 7.23 LPA
Operations Manager	INR 10.24 LPA
Production Planner	INR 5.28 LPA

Top MBA in Operations Colleges in India with Fees

The average fee for MBA in Operations is INR 5,00,000. Check the table provided below to know about some of the well-known MBA in Operations colleges in India :

MBA in Operations College	Total Fees (Approx.)
Sunstone Eduversity, Noida	INR 3.15 Lakhs
Institute of Technology & Science, Ghaziabad	INR 2.85 Lakhs
Flame University, Pune	INR 18.90 Lakhs
ABES Engineering College, Ghaziabad	INR 13.36 Lakhs
CMS Business School, Bangalore	INR 10.75 Lakhs
Manav Rachna University, Faridabad	INR 6.57 Lakhs

Also Read : MBA Marketing vs MBA Digital Marketing

MBA in Business Analytics

If you are interested in analyzing business operations and making decisions to maximize profitability, an MBA in Business Analytics is an ideal choice. This program covers various techniques and skills involved in analytics, as well as decision-making and managerial aspects. Additionally, MBA in Business Analytics includes other areas such as data visualization and performance management.

Top MBA in Business Analytics Job Profiles with Average Salary

Candidates will be able to apply for various positions after completing MBA in Business Analytics. The average salary for MBA in Business Analytics is INR 10,00,000. Some of the top positions available after MBA in Business Analytics along with their average salary are provided below.

MBA in Business Analytics Job Profile	Average Salary
Project Manager	INR 17.02 LPA
Data Analyst	INR 6.50 LPA
Market Research Analyst	INR 4 LPA
Business Development Executive	INR 3.8 LPA
Data Scientist	INR 12.45 LPA
Business Analyst	INR 9.5 LPA
Business Development Manager	INR 9.2 LPA
Quantitative Analyst	INR 15.5 LPA

Top MBA in Business Colleges Analytics in India with Fees

Listed below are some of the well-known MBA in Business Analytics colleges in India that offer the highest paying MBA specialisations:

MBA in Business Analytics College	Total Fees (Approx.)
GITAM University, Visakhapatnam	INR 9.7 Lakhs
Indian Institute of Management, Bangalore	INR 24.50 Lakhs
Hindustan Institute of Technology and Science, Chennai	INR 4.4 Lakhs
Chandigarh University, Chandigarh	INR 12.50 Lakhs
O.P. Jindal Global University, Sonepat	INR 11 Lakhs
Great Lakes Institute of Management, Chennai	INR 14 Lakhs

Also Read : 10 Best Colleges offering MBA in Data Science and Business Analytics

MBA in Entrepreneurship

MBA in Entrepreneurship is a specialised MBA program that aims to equip students with the skills and knowledge they need to become successful entrepreneurs. Through this program, students learn how to turn their ideas into successful businesses by acquiring the necessary skills and knowledge.

Top MBA in Entrepreneurship Job Profiles with Average Salary

The average salary that the candidates can earn after completing this program is INR 5 lakh per annum. Some of the major job profiles that are available after MBA in Entrepreneurship are listed below.

MBA in Entrepreneurship Job Profile	Average Salary
Sales Manager	INR 11 LPA
Project Manager	INR 17 LPA
Department Manager	INR 7 LPA
Business Reporter	INR 5.5 LPA
Business Consultant	INR 14 LPA
Corporate Supervisor	INR 7.04 LPA

Top MBA in Entrepreneurship Colleges in India with Fees

The average fee for MBA in Entrepreneurship is INR 3 lakh per annum. Listed below are some of the well-known MBA in Entrepreneurship colleges in India :

MBA in Entrepreneurship College	Total Fees (Approx.)
Jain University, Bangalore	INR 11.50 Lakhs
Amity University, Lucknow	INR 4.10 Lakhs
SAGE University, Indore	INR 1.50 Lakhs
IBMR International Business School, Bangalore	INR 5.50 Lakhs
ASM's Institute of International Business & Research, Pune	INR 4.75 Lakhs
GLA University, Mathura	INR 5.2 Lakhs

How to Choose the Best MBA Specialization?

When choosing the best MBA specialization, it's important to consider your career goals, interests, and the current job market. Conduct thorough research on the different specializations available, such as finance, marketing, entrepreneurship, or operations management. Evaluate your strengths and weaknesses to determine which specialization aligns best with your skills and aspirations. Additionally, consider the industry trends and job prospects for each specialization to ensure that it offers promising career opportunities. Networking with professionals in your field of interest can also provide valuable insights. Ultimately, the best MBA specialization for you should not only align with your career goals but also leverage your strengths, passion, and the current market demand.

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Candidates who have any doubts regarding any MBA specialisations can ask questions on our QnA zone . Besides this, those who want to apply to any MBA college in India can fill out our Common Application Form . For all admission-related inquiries, you can contact our student helpline at 1800-572-9877. Stay tuned with us for more updates!

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FAQs

Can an MBA in HR become a CEO?

Yes, an MBA in HR can definitely become CEO. Since individuals require a variety of soft and hard skills that encompass decision-making, problem-solving, finance, and management skills, as well as the ability to manage and motivate human capital, pursuing an MBA in HR places one in an advantageous position.

How to choose the best MBA specialization for myself?

To choose the best MBA specialization for yourself, you must take into account its career scope/ placements/ internship opportunities, your long term career goal, reputation of the institute faculty in the specialisation of your choice, pedagogy of the specialisation of your choice, and course fee and Return on Investment (ROI) of the programme.

Which MBA is most in demand in 2024?

The MBA programmes that are most in demand in 2024 are MBA in Finance, MBA in Marketing, MBA in Operations Management, MBA in Information Technology, MBA in Human Resources, MBA in Artificial Intelligence & Machine Learning, MBA in Business Analytics & Big Data, MBA in Entrepreneurship, MBA in Logistics & Supply Chain Management, and MBA in Pharma & Health Care Management.

Which MBA specialization is best for government jobs?

MBA specialization in areas like Finance, Human Resources, Marketing, or Public Administration is best for government jobs. It is crucial for aspiring candidates to possess a recognized MBA degree from a reputable institution.

Which MBA is best for becoming a CEO?

An MBA in Marketing, Finance, Economics, HR, General Management, Corporate or Labour Law, Strategic Management, Leadership and Organizational Development, and Entrepreneurship is best for becoming a CEO. These specializations will enable an individual to oversee operations. However, the requirements will vary based on experience of the individual and the industry of choice.

How can one increase their chances of securing a high-paying job after MBA?

To increase your chances of securing a high-paying job after MBA, candidates should focus on building a strong academic foundation through a reputable MBA program. Additionally, gaining practical experience through internships or industry projects, networking with professionals in the field, and continuously upgrading skills through relevant certifications can significantly enhance employability and earning potential.

What skills and qualifications are required for high-paying MBA specializations?

For high-paying MBA specializations like Finance, candidates should possess strong analytical and problem-solving skills, leadership abilities, effective communication skills, and a sound understanding of business principles to excel in these specializations. Additionally, relevant work experience, internships, and certifications can further enhance job prospects and earning potential.

Are the high-paying MBA specializations in demand in the Indian job market?

Yes, the high-paying MBA specializations are generally in high demand in the Indian job market. Finance and Consulting roles are sought after by banks, financial institutions, and consulting firms. Marketing roles are essential for various industries, while Operations and IT/IS roles are crucial for companies across sectors.

How much can one expect to earn in high-paying MBA specializations?

In high-paying MBA specializations, one can expect to earn INR 20 lakhs to crores per annum. The earning potential in these specializations can vary based on factors such as experience, industry, location, and the reputation of the organization.

What are the top five highest paying MBA specializations in India?

The top five highest paying MBA specializations in India are typically Finance, Consulting, Marketing, Operations, and Information Technology (IT)/Information Systems (IS). Although new MBA specialization have emerged over the past few years, these specializations remain the most popular highest paying ones.

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