The rising number of candidates aiming for a Management in Business Administration (MBA) degree each year is most closely linked to the salary of MBA graduates. PGDM is also becoming popular, not just MBA, as it is equally effective for those looking to land a lucrative package right after graduation. Firms are in constant search of people with an MBA who are exceptionally innovative. Topics such as industry-specific income, salary trends, salaries of freshers, and comparisons with global salaries are discussed in the article, which examines the MBA salaries in India.
MBA Highest Package in India 2025
In India, the average salary for MBA graduates exceeds that of many other well-liked courses. Possessing an MBA degree increases candidates' earning potential and opens up a variety of career opportunities. Factors such as specialization, industry, and work experience determine the average salary for MBA graduates. Let’s find out more about MBA salaries and growth prospects after earning an MBA.
MBA Institute Category | Average Salary (INR LPA) |
Top IIMs (Ahmedabad, Bangalore, etc.) | 25-40 LPA |
Other IIMs & Top B-Schools (XLRI, SPJIMR) | 20-30 LPA |
Tier-2 B-Schools | 10-18 LPA |
Tier-3 B-Schools | 5-10 LPA |
Highest Paying MBA Specialisations in India
In India, the scope continues to grow, primarily due to numerous institutions and universities supporting learners with placement and networking opportunities. As of September 2023, the following are a few positions that offer top salaries for MBA graduates:
Best MBA Colleges with High Salary Packages
The below tables provide the average and highest packages of the top MBA colleges in India.
Name of Institute | Average CTC | Highest CTC |
₹34.45 LPA | ₹1.46 CPA | |
₹32.62 LPA | ₹1.20 CPA | |
₹35.92 LPA | ₹1.15 CPA | |
₹25.68 LPA | ₹1.00 CPA | |
₹28.05 LPA | ₹72.02 LPA | |
₹26.10 LPA | ₹71.50 LPA |
MBA Salary Package in Top Companies
As of 2024, the average salary for an MBA in India is between INR 23.07 LPA and INR 32.40 LPA. Nonetheless, the average MBA salaries at IMT Ghaziabad and XIMB Bhubaneswar are INR 15.28 LPA and INR 17.54 LPA, respectively. In 2023, the highest salary for an MBA in India varies between INR 42 LPA and INR 1.14 CPA
MBA Packages from IIMs
The average salary packages for MBA graduates from IIM colleges typically range from INR 20-35 LPA, with the top six IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Indore, Kozhikode) often reporting averages around INR 30-35 LPA. In certain instances, particularly for international positions, the most lucrative packages can attain a value of INR 1.15 CPA (Crore Per Annum).
Name of Institute | Highest CTC |
IIM Ahmedabad | INR 1.46 CPA |
IIM Calcutta | INR 1.2 CPA |
IIM Bangalore | INR 1.15 CPA |
IIM Indore | INR 1 CPA |
IIM Kozhikode | INR 72.02 LPA |
IIM Shillong | INR 71.50 LPA |
MBA Salary by Specialization in India
In India, MBA salaries differ greatly depending on factors such as specialization, experience, and geographical location. With average starting salaries between INR7 and INR12 lakhs per annum, Finance and Business Analytics rank among the most lucrative specializations. Some well-known MBA specializations and their estimated average starting salaries include: Finance (INR12 lakhs), Business Analytics (INR11.5 lakhs), Information Technology Management (INR10.5 lakhs), and International Business (INR11.2 lakhs).
MBA Specialisation | Average MBA Salary in India Per Month (Approx) |
MBA marketing salary per month | INR 65,000 |
MBA in digital marketing salary in India per month | INR 45,000 |
MBA in finance salary in India per month | INR 60,000 |
MBA in HR salary in India per month | INR 43,000 |
MBA in business analytics salary in India per month | INR 45,000 |
MBA in entrepreneurship salary per month | INR 45,000 |
MBA in operations salary per month | INR 63,000 |
MBA in IT salary per month | INR 48,000 |
MBA in event management salary per month | INR 50,000 |
MBA in healthcare salary per month | INR 50,000 |
MBA Highest Package In India 2025: Conclusion
The MBA Highest Package in India 2025 proves how valuable an MBA or PGDM degree is today. Top IIMs like Ahmedabad, Bangalore, and Calcutta offer salaries over INR 1 crore, making MBA one of the best choices for career growth. Specializing in fields like Finance, Marketing, or Business Analytics from a good college can help you earn more.
Even Tier-2 and Tier-3 colleges now offer better placements and salaries. It’s not just about where you study, but also how well you prepare. With smart choices in your MBA path, you can get great job offers and become one of India’s top earners.
