MBA SALARY IN INDIA

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Average gross salary for MBA GROSS SALARY
INR 1,410,339
Average gorss salary (USD) for MBA GROSS SALARY (USD)
US$ 22,463
Average net salary for MBA NET SALARY
INR 1,135,761
The most typical salary for MBA MOST TYPICAL GROSS
INR 962,496
  Updated: 22 Oct 2020   Diff. gross vs. net: 19%
  Salary entries: 90

Average salary for MBA in India is INR 1,410,339.

Average take home earning is INR 1,135,761 (Net).

The most typical salary is INR 962,496 (Gross).

If you are an employer this page can help you with the decision how much to pay employees.

The main purpose of the site is to help you increase your salary! If you want to increase your salary you need to investigate and find out how much other people with similar careers, experience, education, and knowledge can earn. Then set goals for better salary and strive to achieve it!

"What gets measured gets improved."
-Peter Drucker


 Time to read the page 30 min.

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Percentage of people Earn this salary or more
6 % INR 4,066,666
11 % INR 3,066,666
21 % INR 2,233,333
71 % INR 962,496
91 % INR 473,444
100 % INR 253,100
City Avg. gross salary (USD) Salary entries
Mumbai INR 1,391,607 US$ 21,397 26
Bangalore INR 1,419,846 US$ 23,103 17
Delhi INR 2,222,642 US$ 34,774 14
Hyderabad INR 727,250 US$ 11,837 08
Calcutta INR 1,462,000 US$ 23,525 07
Chennai INR 663,400 US$ 10,512 05
Pune INR 833,000 US$ 14,567 03
Meerut INR 385,000 US$ 6,073 03
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  SALARY BY LEVEL   MBA   INDIA

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Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
125K US$ 123,040 INR 7,800,000
01
75K US$ 78,872 INR 5,000,000
01
65K US$ 64,476 INR 4,066,666
03
55K US$ 54,327 INR 3,066,666
03
45K US$ 47,267 INR 3,100,000
02
35K US$ 34,069 INR 2,233,333
09
25K US$ 25,407 INR 1,591,069
20
15K US$ 15,362 INR 962,496
25
8K US$ 7,685 INR 473,444
18
4K US$ 3,963 INR 253,100
08

  SALARY BY GENDER   MBA   INDIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 22,666 INR 1,442,874 70
Women US$ 20,746 INR 1,380,671 14
N/A US$ 24,109 INR 1,100,000 06

  SALARY BY EDUCATION   MBA   INDIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 16,444 INR 1,171,405 01
Masters Degree US$ 22,922 INR 1,421,439 80
Bachelors Degree US$ 19,056 INR 1,338,222 09

MBA workers holding Masters Degree degrees enjoy the highest average gross salaries in India. With an earned Masters Degree, they grosses INR 1,421,439. While MBA workers with Doctorate Degree education earn the least, with an average gross income of INR 1,171,405. This is 39.39% lower of what Masters Degree degree holders earn.


  SALARY BY EXPERIENCE   MBA   INDIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 32,458 INR 2,200,000 01
16-20 Years US$ 96,224 INR 6,100,000 02
12-16 Years US$ 34,871 INR 2,200,000 04
8-12 Years US$ 28,952 INR 1,850,714 14
4-8 Years US$ 19,611 INR 1,228,439 40
2-4 Years US$ 18,186 INR 1,111,526 19
1-2 Years US$ 9,819 INR 637,500 04
0-1 Year US$ 13,792 INR 835,666 06

MBA workers in India with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of INR 6,100,000 compared to INR 637,500 for their counterparts with 1-2 Years of experience. The difference between workers with 16-20 Years of experience and 1-2 Years is 879.98%.


  SALARY BY AGE   MBA   INDIA

India •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
39-44 US$ 63,321 INR 4,040,000 05
33-38 US$ 25,604 INR 1,631,764 17
27-32 US$ 19,320 INR 1,244,184 52
22-26 US$ 12,053 INR 769,300 10
N/A US$ 24,109 INR 1,100,000 06
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  SALARY BY JOB TYPE   MBA   INDIA

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Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 22,863 INR 1,435,461 88
Contract US$ 4,858 INR 305,000 02
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  SALARY BY CITY   MBA   INDIA

India •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Navi Mumbai MBA in Navi Mumbai US$ 35,618 INR 1,835,702 02
2. Delhi MBA in Delhi US$ 34,774 INR 2,222,642 14
3. Calcutta MBA in Calcutta US$ 23,525 INR 1,462,000 07
4. Bangalore MBA in Bangalore US$ 23,103 INR 1,419,846 17
5. Mumbai MBA in Mumbai US$ 21,397 INR 1,391,607 26
6. Ahmedabad MBA in Ahmedabad US$ 19,384 INR 1,300,000 02
7. Pune MBA in Pune US$ 14,567 INR 833,000 03
8. Hyderabad MBA in Hyderabad US$ 11,837 INR 727,250 08
9. Chennai MBA in Chennai US$ 10,512 INR 663,400 05
10. Meerut MBA in Meerut US$ 6,073 INR 385,000 03

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  SALARY BY COUNTRY    MBA

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Germany Germany MBA in Germany US$ 151,189 EUR 120,666 06
2. United Kingdom United Kingdom MBA in United Kingdom US$ 137,564 GBP 91,717 17
3. United States United States MBA US$ 116,547 US$ 116,547 41
4. Mexico Mexico MBA in Mexico US$ 58,197 MXN 866,000 05
5. Malaysia Malaysia MBA in Malaysia US$ 46,860 MYR 175,407 07
6. India India US$ 22,463 INR 1,410,339 90

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(50/50)  ASSISTANT MANAGER


 Posted: 22 Oct 2020

Bachelors Degree, 0-1 year: "Assistant Manager, Customer engagement."
Individual GROSS salary:
INR 264,000
US$ 3,706


(49/50)  PRODUCT MANAGER


 Posted: 26 Sep 2020

Bachelors Degree, 4-8 years: "MBA Marketing, Fintech."
Individual GROSS salary:
INR 2,700,000
US$ 37,901


(48/50)  PRODUCT MANAGER


 Posted: 28 Jul 2020

Doctorate Degree, 4-8 years: "Developing products Researching on new countries Working on management reports Working on improving existing processes Hands on analytic role."
Individual GROSS salary:
INR 1,171,405
US$ 16,444


(47/50)  SENIOR CONSULTANT


 Posted: 14 Jul 2020

Bachelors Degree, 8-12 years: "Financial consulting."
Individual GROSS salary:
INR 1,700,000
US$ 23,864


(46/50)  AREA SALES MANAGER


 Posted: 14 May 2020

Bachelors Degree, 1-2 years: "Sales of EDC machines."
Individual GROSS salary:
INR 600,000
US$ 8,423


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(45/50)  MANAGER


 Posted: 11 May 2020

Bachelors Degree, 2-4 years: "Product manager."
Individual GROSS salary:
INR 2,050,000
US$ 28,777


(44/50)  BUSINESS PROCESS MANAGER


 Posted: 09 Apr 2020

Bachelors Degree, 4-8 years: "Porcess management, Project Management, Business Analyt."
Individual GROSS salary:
INR 1,850,000
US$ 25,969


(43/50)  ANALYST


 Posted: 27 Jan 2020

Bachelors Degree, 2-4 years: "Market risk analyst."
Individual GROSS salary:
INR 1,200,000
US$ 16,845


(42/50)  BUSINESS ANALYST


 Posted: 22 Jan 2020

Bachelors Degree, 4-8 years: "Risk Management."
Individual GROSS salary:
INR 280,000
US$ 3,931


(41/50)  RESEARCH ASSOCIATE


 Posted: 12 Dec 2019

Masters Degree, 1-2 years: "Equity Research."
Individual GROSS salary:
INR 900,000
US$ 14,197


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(40/50)  CREDIT MANAGER


 Posted: 11 Dec 2019

Masters Degree, 8-12 years: "Branch credit manager housing loan."
Individual GROSS salary:
INR 500,000
US$ 7,887


(39/50)  KNOWLEDGE EXPERT


 Posted: 12 Nov 2019

Masters Degree, 8-12 years: "Support for consulting projects. Expert on the payments industry."
Individual GROSS salary:
INR 4,000,000
US$ 63,097


(38/50)  HEAD OF FINANCE


 Posted: 04 Nov 2019

Masters Degree, 12-16 years: "Business Strategy, Financial Strategy, Financial Planning & Analysis."
Individual GROSS salary:
INR 5,000,000
US$ 78,872


(37/50)  PRODUCT MANAGER


 Posted: 26 Oct 2019

Masters Degree, 2-4 years: "I handle the complete lending business for a particular zone."
Individual GROSS salary:
INR 1,850,000
US$ 29,183


(36/50)  IT ENGINEER


 Posted: 15 Aug 2019

Bachelors Degree, 4-8 years: "IT Networking and software building."
Individual GROSS salary:
INR 1,400,000
US$ 22,084


(35/50)  ASSISTANT MANAGER


 Posted: 18 Jul 2019

Masters Degree, 12-16 years: "I have done MBA in Finance with a wide experience in Banking sector."
Individual GROSS salary:
INR 1,200,000
US$ 18,929


(34/50)  FINANCIAL SERVICES


 Posted: 17 Jul 2019

Masters Degree, 2-4 years: "Providing financial services."
Individual GROSS salary:
INR 360,000
US$ 5,679


(33/50)  ANALYST


 Posted: 15 Jul 2019

Masters Degree, 2-4 years: "Business analysis for IT solutions needed by hedge funds."
Individual GROSS salary:
INR 2,000,000
US$ 31,549


(32/50)  MANAGER


 Posted: 26 Jun 2019

Masters Degree, 8-12 years: "People Management."
Individual GROSS salary:
INR 1,000,000
US$ 15,774


(31/50)  TEAM DEVELOPER


 Posted: 25 Jun 2019

Masters Degree, 4-8 years: "Analysis if corporate Loans, credit risk,."
Individual GROSS salary:
INR 650,000
US$ 10,253


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(30/50)  CORPORATE FINANCE MANAGER


 Posted: 17 Jun 2019

Masters Degree, 4-8 years: "Fund raising for the company."
Individual GROSS salary:
INR 1,150,000
US$ 18,141


(29/50)  SENIOR EXECUTIVE


 Posted: 11 Jun 2019

Masters Degree, 4-8 years: "Billing and Finance."
Individual GROSS salary:
INR 570,000
US$ 8,991


(28/50)  ASSISTANT MANAGER


 Posted: 19 May 2019

Masters Degree, 4-8 years: "Strategy and analytics."
Individual GROSS salary:
INR 2,300,000
US$ 36,281


(27/50)  MANAGER


 Posted: 31 Mar 2019

Masters Degree, 1-2 years: "Review of credit proposal."
Individual GROSS salary:
INR 800,000
US$ 12,619


(26/50)  DIGITAL ENTERPRISE ARCHITECT


 Posted: 21 Mar 2019

Masters Degree, 16-20 years: "Digital Transformation and Innovation."
Individual GROSS salary:
INR 7,800,000
US$ 123,040


(25/50)  FINANCIAL ANALYST


 Posted: 17 Mar 2019

Masters Degree, 8-12 years: "People Management, Process Management, Escalation Management & MIS Reporting."
Individual GROSS salary:
INR 800,000
US$ 12,619


(24/50)  SENIOR BUSINESS ANALYST


 Posted: 15 Mar 2019

Masters Degree, 4-8 years: "Working as Financial Risk Consultant."
Individual GROSS salary:
INR 1,291,387
US$ 20,371


(23/50)  PROJECT FINANCE


 Posted: 13 Mar 2019

Masters Degree, 2-4 years: "Relationship management with large clients."
Individual GROSS salary:
INR 1,820,000
US$ 28,709


(22/50)  SENIOR RESEARCH ASSOCIATE


 Posted: 12 Feb 2019

Masters Degree, 2-4 years: "Secondary Investment research related to private equity and analysis of financing stages of a company."
Individual GROSS salary:
INR 284,000
US$ 4,480


(21/50)  MANAGEMENT TRAINEE


 Posted: 07 Feb 2019

Masters Degree, 0-1 year: "Handling strategy and International relations, making rules for exchange."
Individual GROSS salary:
INR 400,000
US$ 6,310


(20/50)  ASSO MANAGER


 Posted: 10 Jan 2019

Masters Degree, 8-12 years: "Leading Capital Equipment Valuations Team."
Individual GROSS salary:
INR 3,000,000
US$ 47,323


(19/50)  MANAGER


 Posted: 05 Jan 2019

Masters Degree, 4-8 years: "Manager looking after branch sales of loans."
Individual GROSS salary:
INR 880,000
US$ 13,881


(18/50)  MANAGER PROJECT FINNACE


 Posted: 25 Dec 2018

Masters Degree, 4-8 years: "Financial modeling, loan syndication, term sheet preparation, advisory services."
Individual GROSS salary:
INR 2,300,000
US$ 36,281


(17/50)  ZONAL HEAD


 Posted: 26 Nov 2018

Masters Degree, 16-20 years: "Mutual Fund Sales."
Individual GROSS salary:
INR 4,400,000
US$ 69,407


(16/50)  ASSISTANT MANAGER


 Posted: 21 Jun 2018

Masters Degree, 4-8 years: "? Facilitate the annual P&L budgeting process ? Variance analysis of forecasted vs. actuals, clearly interpreting the variance drivers ? Actuals reporting vs. Forecast, posting of accruals JEs whenever is required ? Review of dashboard and presenting the same to management."
Individual GROSS salary:
INR 830,000
US$ 13,093


(15/50)  TEAM LEAD


 Posted: 20 May 2018

Masters Degree, 4-8 years: "Team lead in investment banking operations."
Individual GROSS salary:
INR 595,000
US$ 9,386


(14/50)  CREDIT OFFICER


 Posted: 09 Apr 2018

Masters Degree, 2-4 years: "I have 5 year experience in corporate banking."
Individual GROSS salary:
INR 360,000
US$ 5,679


(13/50)  CREDIT OFFICER


 Posted: 09 Apr 2018

Masters Degree, 4-8 years: "I have 5 tera experience in corporate sector."
Individual GROSS salary:
INR 295,000
US$ 4,653


(12/50)  SENIOR MANAGER


 Posted: 01 Mar 2018

Masters Degree, 8-12 years: "Relationship Manager working in bank in strategy."
Individual GROSS salary:
INR 2,200,000
US$ 34,704


(11/50)  OPERATIONS MANAGER


 Posted: 01 Mar 2018

Masters Degree, 8-12 years: "Managing day to day process and operations."
Individual GROSS salary:
INR 510,000
US$ 8,045


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(10/50)  AML AND KYC


 Posted: 14 Feb 2018

Masters Degree, 4-8 years: "Client Onboarding and Screening for NTB AND REVIEW FOR EXISTING CUSTOMERS."
Individual GROSS salary:
INR 622,000
US$ 9,812


(9/50)  SR. ASSOCIATE


 Posted: 10 Dec 2017

Masters Degree, 4-8 years: "Doing Valuation of US comapnies."
Individual GROSS salary:
INR 1,700,000
US$ 25,305


(8/50)  CREDIT ANALYST


 Posted: 19 Sep 2017

Masters Degree, 4-8 years: "I lead a team for collections in the 0-90 day bucket."
Individual GROSS salary:
INR 1,000,000
US$ 14,885


(7/50)  BUSINESS DEVELOPMENT MANAGER


 Posted: 12 Sep 2017

Masters Degree, 4-8 years: "New business development, social media management, internal coordination, systems development."
Individual GROSS salary:
INR 1,510,000
US$ 22,477


(6/50)  RELATIONSHIP MANAGER


 Posted: 26 Jul 2017

Masters Degree, 4-8 years: "Relationship Manager in corporate banking team."
Individual GROSS salary:
INR 1,800,000
US$ 26,794


(5/50)  SENIOR CREDIT ANALYST


 Posted: 14 Jul 2017

Masters Degree, 4-8 years: "S&P research role for US corporate on databases like capital IQ and Bloomberg."
Individual GROSS salary:
INR 1,150,000
US$ 17,118


(4/50)  SENIOR CREDIT ANALYST


 Posted: 14 Jul 2017

Masters Degree, 4-8 years: "S&P research role for US corporate on databases like capital IQ and Bloomberg."
Individual GROSS salary:
INR 1,150,000
US$ 17,118


(3/50)  PRODUCT MANAGER


 Posted: 08 Jul 2017

Masters Degree, 4-8 years: "Product and project management in bfsi sector."
Individual GROSS salary:
INR 2,250,000
US$ 33,492


(2/50)  PRODUCT MANAGER


 Posted: 08 Jul 2017

Masters Degree, 4-8 years: "Product and project management in bfsi sector."
Individual GROSS salary:
INR 2,250,000
US$ 33,492


(1/50)  RESEARCH


 Posted: 06 Jul 2017

Masters Degree, 4-8 years: "Research and business consulting experience."
Individual GROSS salary:
INR 1,400,000
US$ 20,840


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