What is the Average Salry of an MBA?
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What is the Average Salry of an MBA?

View Poll Results: What is the Average Salry of an MBA fresher in India?(Please exclude top tier institutes like IIMs,
100K or under 5 10.64%
100K - 150K 12 25.53%
150K - 200K 8 17.02%
200K - 250K 3 6.38%
250K - 300K 9 19.15%
350K - 400K 8 17.02%
400K - 450K 1 2.13%
450K - 500K 0 0%
500K - 600K 1 2.13%
Voters: 47. You may not vote on this poll


shyamali Started The Discussion:

What is the Average Salary(Per Annum) of an MBA-(Marketing Major and Finance Minor and is from 2nd or 3rd Tier Management Institutes fresher in India?(Please exclude top tier institutes like IIMs, IIFT, XLRI, etc)

kvrkhrm - Member Since: Sep 2006
Shyamili,

What about all these figures? Are they per Hour ? per Month? per anum ?
What is the industry ?
Which will be the place ?

How can you expect the replies... shyamili.. (other than this kind of response)

If you want to go any other information plz log on to
www.payscale.com.

Regards,

KVRKHRM

govind - Member Since: Aug 2006
Dear Shyamali

Most of the data available thru Media or otherwise is incorrect. You got your budget. Go to institute and tell them your budget and ask what you can get. See the stuff if you are satisfied go ahead otherwise move to next institute. There is no hard and fast rule. Various factors work.


Please do not rely on data by polls or what is published in Newspapers and Magazines either

Good Luck

ps: you can get reasonable good MBA starting from CTC Rs.3 Lakhs onwards
provided you represent a good corporate who is known on campus

ashamundkur - Member Since: Sep 2005
Dear Shyamali


There is no realistic figure as such..

It all depends on various factors like the Institute where u studied, how you present urself, the industry where u are applying...etc

You may get 15k per month or more than 20k also ...

I have seen people working on lesser salaries also.

If v are not from top institues like IIM, XLRI etc...then v have to gear ourselves with as much knowledge as possible.

Life is not so sweet.

Regards,
Asha

shyamali - Member Since: Jun 2006
Hi Asha, Thanks for your concern. But I want to know the going rate. How much would you shell out? you can place your reservations in your posts as well. Regards, Shyamali

Geeti - Member Since: Jul 2006
Hi Shyamli,

I guess you will not be able to get the kind of response you are looking for ie to the point & straightforward in this way.

I hope being in HR you surely would be aware of the flexilbility in the packages that can exist in the marketing of a MBA inspite of not considering the Institutes.

Its governed by lot of factors like the Verticals, the profile, the area of specialization etc. For instance an MBA with specialization in HR to a large extent has to start with a lower package as compared to an MBA with specialization in Finance or Marketing.

What I would suggest is either you make the poll more specific in terms of Area of specialization (MBA) or Verticals....Let me know how you feel about it?

All the best for your survey...

By the way I really like all your posts :)
Regards
Geeti

shyamali - Member Since: Jun 2006
I guess you will not be able to get the kind of response you are looking for ie to the point & straightforward in this way.

Quote:
I hope being in HR you surely would be aware of the flexilbility in the packages that can exist in the marketing of a MBA inspite of not considering the Institutes.
Yes I am, and I am trying to gauge and understand that range.

Quote:
Its governed by lot of factors like the Verticals, the profile, the area of specialization etc. For instance an MBA with specialization in HR to a large extent has to start with a lower package as compared to an MBA with specialization in Finance or Marketing.
As mentioned previously, I am looking for above requested information on MBA in Marketing and Finance or simply in Marketing and Systems.

Quote:
What I would suggest is either you make the poll more specific in terms of Area of specialization (MBA) or Verticals....Let me know how you feel about it?
I think I was pretty clear when I Mentioned Fresher..howver if "verticals has some other connotation then please let me know. Please do let me know which part is unclear.

Regards,
Shyamali

Geeti - Member Since: Jul 2006
Hi Shyamli,

Verticals also signify the 'Industry' as in IT, ITES, Pahram etc in which the said Fresher would be working specializing in either marketing or finance.

Would like to add here that I know 2 MBA freshers who specialized in Marketing form an avg institute, however the one who is got opportunity with Marketing of Products/ Field draws much less than the one who is in Online Marketing, there is a difference of almost 25% in their salary's & also they had similar qualifications at graduation level.

Regards
Geeti

shyamali - Member Since: Jun 2006
Hi Geeti, I would really appreciate the actual figures at this point. If you could share it with me then it would be great. Regards, Shyamali

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