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Average Salary - MBA / Mumbai MUMBAI


SALARY SURVEYS

29

UPDATED
December 2022
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

79.45 INR = 1 USD

1,891,176 INR

$23,810 USD
Bangalore

1,761,358 INR

1,350,613 INR

$17,004 USD
Including "Bangalore"
Excluding "Bangalore"

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Average Salary / MBA / Mumbai

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Average salary for MBA / Mumbai is 1,891,176 INR per year. The most typical earning is 1,350,613 INR. All data are based on 29 salary surveys. Salaries are different between men and women. Men receive an average salary of 1,986,196 INR. Women receive a salary of 1,771,687 INR.

Based on education, the highest salaries receive people with Masters Degree with salary of 2,073,588 INR. The second most paid education level is Bachelors Degree with salary of 1,191,717 INR.

Different experiences affect earning as well. People with 1-2 Years of experience receive salary of 2,431,104 INR. Employees with 2-4 Years of experience receive 2,073,588 INR.

Levels / MBA / Mumbai (Gross INR)

Salary Levels (INR) per Year Surveys [%]
79,400 INR - 158,799 INR
0 n/a
158,900 INR - 238,299 INR
0 n/a
238,300 INR - 397,199 INR
2 100%
6.9%
397,200 INR - 794,399 INR
4 93.1%
13.79%
794,500 INR - 1,191,599 INR
3 79.31%
10.34%
THE MOST TYPICAL SALARY
1,191,700 INR - 1,588,899 INR
7 68.97%
24.14%
1,589,000 INR - 1,986,099 INR
0 n/a
1,986,200 INR - 2,383,399 INR
7 44.83%
24.14%
2,383,400 INR - 2,780,599 INR
2 20.69%
6.9%
2,780,700 INR - 3,177,799 INR
1 13.79%
3.45%
3,177,900 INR - 3,575,099 INR
0 n/a
3,575,200 INR - 3,972,299 INR
1 10.34%
3.45%
3,972,400 INR - 4,369,599 INR
0 n/a
4,369,600 INR - 4,766,799 INR
0 n/a
4,766,900 INR - 5,163,999 INR
1 6.9%
3.45%
5,164,100 INR - 5,561,299 INR
0 n/a
5,561,300 INR - 5,958,499 INR
0 n/a
5,958,600 INR - 6,355,699 INR
0 n/a
6,355,800 INR - 6,752,999 INR
0 n/a
6,753,100 INR - 7,150,199 INR
0 n/a
7,150,300 INR - 7,547,499 INR
1 3.45%
3.45%
7,547,500 INR - 7,944,699 INR
0 n/a
7,944,800 INR - 8,341,899 INR
0 n/a
8,342,000 INR - 8,739,199 INR
0 n/a
8,739,300 INR - 9,136,399 INR
0 n/a
9,136,500 INR - 9,533,699 INR
0 n/a
9,533,700 INR - 9,930,899 INR
0 n/a
9,931,000 INR - 10,328,099 INR
0 n/a
10,328,200 INR - 10,725,399 INR
0 n/a
10,725,500 INR - 11,122,599 INR
0 n/a
11,122,700 INR - 11,519,899 INR
0 n/a
11,519,900 INR - 11,917,099 INR
0 n/a
HIGH SALARIES
11,917,200 INR - 12,711,599 INR
0 n/a
12,711,700 INR - 13,506,099 INR
0 n/a
13,506,100 INR - 14,300,499 INR
0 n/a
14,300,600 INR - 15,094,999 INR
0 n/a
15,095,100 INR - 15,889,499 INR
0 n/a
15,889,600 INR - 16,683,999 INR
0 n/a
16,684,000 INR - 17,478,399 INR
0 n/a
17,478,500 INR - 18,272,899 INR
0 n/a
18,273,000 INR - 19,067,399 INR
0 n/a
19,067,500 INR - 19,861,899 INR
0 n/a
19,862,000 INR - 27,806,699 INR
0 n/a
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Gender / MBA / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Men 22 1,986,196 INR
2 Women 6 1,771,687 INR

Education / MBA / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 23 2,073,588 INR
2 Bachelors Degree 6 1,191,717 INR

Experience / MBA / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 1-2 Years 4 2,431,104 INR
2 2-4 Years 7 2,073,588 INR
3 4-8 Years 14 1,819,355 INR
4 8-12 Years 1 1,525,398 INR
5 0-1 Year 2 1,318,834 INR
6 12-16 Years 1 1,016,932 INR

Age / MBA / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 31-35 6 2,184,815 INR
2 26-30 21 1,914,693 INR
3 36-40 1 1,016,932 INR
4 n/a 1 524,355 INR

Work Type / MBA / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 29 1,890,858 INR

People's individual salary examples (surveys)

Onboarding
Posted 10 June 2022
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years Expert 7,172,600 INR

Investment Banking
Posted 20 May 2021
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Advanced 3,938,900 INR

Rating Analyst
Posted 12 December 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 527,800 INR

Area Sales Manager
Posted 14 May 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 1-2 Years n/a 666,600 INR

Manager
Posted 11 May 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 2,277,800 INR

Business Process Manager
Posted 09 April 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 2,055,600 INR

Analyst
Posted 27 January 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 1,333,400 INR

Business Analyst
Posted 22 January 2020
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 311,100 INR

Research Associate
Posted 12 December 2019
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years n/a 999,300 INR

Product Manager
Posted 26 October 2019
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 2,054,100 INR

Corporate Finance Manager
Posted 17 June 2019
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 1,276,900 INR

Manager
Posted 31 March 2019
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years n/a 888,200 INR

Project Finance
Posted 13 March 2019
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 2,020,800 INR

Manager Project Finnace
Posted 25 December 2018
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 2,846,300 INR

Relationship Manager
Posted 26 July 2017
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 2,128,600 INR

Senior Credit Analyst
Posted 14 July 2017
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 1,360,000 INR

Senior Credit Analyst
Posted 14 July 2017
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 1,360,000 INR

Product Manager
Posted 08 July 2017
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 2,660,900 INR

Product Manager
Posted 08 July 2017
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 2,660,900 INR


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