The salary of MBA graduates is the factor most strongly associated with the annual increase in the number of applicants seeking an MBA degree. In addition to MBA, PGDM is growing in popularity because it works just as well for people who want to get a good job immediately after graduation. Businesses are always looking for MBA holders who are very creative. The article, which looks at MBA salaries in India, covers topics like industry-specific income, salary trends, fresher salaries, and comparisons with salaries around the world.
India’s Highest MBA Package for 2025
MBA graduates in India typically earn more than graduates of many other popular programs. Candidates can earn more money and pursue a wider range of career options if they have an MBA degree. The average salary for MBA graduates depends on a number of factors, including industry, work experience, and area of specialization. Let us learn more about MBA salaries and opportunities for advancement.
| 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 |
India’s Highest Paying MBA Specializations
The scope is still expanding in India, mostly because so many colleges and universities help students with networking and placement opportunities. Some jobs that pay well for MBA graduates as of September 2023 include the following:
Top MBA Schools with Competitive Pay Packages
The average and best packages offered by India’s top MBA schools are shown in the tables below.
| Name of Institute | Average CTC | Highest CTC |
| IIM Ahmedabad | ₹34.45 LPA | ₹1.46 CPA |
| IIM Calcutta | ₹32.62 LPA | ₹1.20 CPA |
| IIM Bangalore | ₹35.92 LPA | ₹1.15 CPA |
| IIM Indore | ₹25.68 LPA | ₹1.00 CPA |
| IIM Kozhikode | ₹28.05 LPA | ₹72.02 LPA |
| IIM Shillong | ₹26.10 LPA | ₹71.50 LPA |
Salary Package for MBAs at Leading Companies
In India, an MBA typically pays between INR 23.07 LPA and INR 32.40 LPA as of 2024. However, IMT Ghaziabad and XIMB Bhubaneswar offer average MBA salaries of INR 15.28 LPA and INR 17.54 LPA, respectively. The highest salary for an MBA in India in 2023 ranges from INR 1.14 CPA to INR 42 LPA.
IIMs’ MBA Packages
With the top six IIMs (Ahmedabad, Bangalore, Calcutta, Lucknow, Indore, and Kozhikode) frequently reporting averages around INR 30-35 LPA, the average salary packages for MBA graduates from IIM colleges normally range from INR 20 to 35 LPA. In some cases, especially for foreign jobs, the highest compensation packages can reach 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 |
India’s MBA Salary by Specialization
Geographical location, experience, and specialization all have a significant impact on MBA salaries in India. Finance and Business Analytics are among the most lucrative specializations, with average starting salaries ranging from INR7 to INR12 lakhs annually. Finance (INR12 lakhs), Business Analytics (INR11.5 lakhs), Information Technology Management (INR10.5 lakhs), and International Business (INR11.2 lakhs) are a few popular MBA specializations and their estimated average starting salaries.
| 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 |
Conclusion of the Highest MBA Package in India for 2025
The value of an MBA or PGDM degree today is demonstrated by the MBA Highest Package in India 2025. With salaries exceeding INR 1 crore offered by prestigious IIMs like Ahmedabad, Bangalore, and Calcutta, an MBA is among the greatest options for professional advancement. You can increase your income by specializing in areas like finance, marketing, or business analytics at a reputable university.
Better placements and pay are now available even at Tier-2 and Tier-3 universities. How well you prepare is just as important as where you study. Making wise decisions during your MBA program can lead to excellent job offers and make you one of India’s highest earners.