In 2024, the Graduate Management Admission Council (GMAC) reported that MBA graduates in the United States had a median starting salary of approximately INR 1.00 crore ($120,000), which is significantly higher than the INR 58 lakhs ($69,320) median starting salary for those with only a bachelor's degree.
According to the Financial Times Global MBA Rankings 2024, professionals with MBA specialisations in finance, consulting, and technology management are among the highest-paid worldwide. With global demand for business leaders increasing, choosing the right MBA specialisation is more important than ever.
But not all MBAs offer the same return on investment. While some specialisations lead to lucrative roles in investment banking, strategy consulting, and data analytics, others may not provide the same salary boost. Understanding which fields offer the best career prospects can help you make an informed decision.
Key Highlights of the Blog:
- The highest-paid MBA specializations include finance, marketing, operations, and data analytics.
- The cost to pursue these high-paying MBA Specialisations ranges from $50,000 to $150,000 per annum.
- Harvard, Stanford, Oxford, and Cambridge are some of the renowned universities to offer these popular MBA courses.
If you want to learn more about how to gain admission to the best MBA Specialisations at the top-ranked universities across the globe, explore Yocket Premium.
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Table of Contents |
Top 10 Highest Paying MBA Specialisations for Future
The Master of Business Administration (MBA) is a post-graduate degree that teaches you about various areas of business, like finance, marketing, operations, and management. Picking the right MBA Specialisation for studying abroad can be tricky, but it’s important to choose wisely.
Based on global salary trends, Business Analytics, Information Technology, and Finance rank among the highest-paying fields, with professionals earning up to INR 75-83 lakhs per year. Data Analytics and International Business also offer lucrative salaries, especially in multinational firms. While Operations Management and Marketing provide strong career opportunities, they require industry-specific expertise.
Here is the list of highest-paying MBA Specialisations in India & abroad:
|
MBA Specialisation |
Common Job Roles |
Average Salary in India (per year) |
Average Salary in the USA (per year) |
|---|---|---|---|
|
Finance |
Investment Banker, CFO, Financial Analyst |
INR 20-45 lakhs |
INR 90 lakhs - 1.2 crore ($110,000 - $150,000) |
|
Marketing |
Brand Manager, Digital Marketing Manager, CMO |
INR 15-40 lakhs |
INR 75 lakhs - 1 crore ($90,000 - $120,000) |
|
Operations Management |
Operations Manager, Supply Chain Director |
INR 15-38 lakhs |
INR 80 lakhs - 1.1 crore ($100,000 - $140,000) |
|
Business Analytics |
Business Analyst, Data Scientist, Risk Analyst |
INR 18-42 lakhs |
INR 85 lakhs - 1.2 crore ($100,000 - $145,000) |
|
Information Technology |
IT Manager, CIO, Technology Consultant |
INR 12-35 lakhs |
INR 90 lakhs - 1.4 crore ($110,000 - $160,000) |
|
Human Resources (HR) |
HR Director, Talent Acquisition Head |
INR 10-30 lakhs |
INR 70 lakhs - 1 crore ($85,000 - $120,000) |
|
Economics |
Economist, Policy Analyst, Market Research Head |
INR 12-30 lakhs |
INR 45 lakhs - 1 crore ($60,000 - $125,000) |
|
International Business |
Global Business Manager, International Trade Specialist |
INR 15-35 lakhs |
INR 65 lakhs - 1.6 crore ($95,000 - $180,000) |
|
Healthcare Management |
Hospital Administrator, Pharma Strategy Consultant |
INR 12-32 lakhs |
INR 85 lakhs - 1.3 crore ($110,000 - $155,000) |
|
Supply Chain Management |
Logistics Head, Procurement Director |
INR 14-36 lakhs |
INR 80 lakhs - 1.2 crore ($100,000 - $150,000) |
MBA in Finance
Average Salary in India: INR 20-45 lakhs | Average Salary in USA: INR 90 lakhs - 1.2 crore
Another popular and well-paid MBA Specialisation is Finance. An MBA in Finance paves the way for rewarding careers in some major sectors of the economy like insurance, taxation, international finance, wealth management, tax planning, etc. You may also work as financial advisors and planners for renowned organizations. Finance indeed occupies an important place in all sectors of economics, business, and management.
Scope: The Bureau of Labour Statistics (BLS) expects the finance sector to grow by 18% by 2030, which is much faster than average.
Core Subjects
- Corporate Investment Management
- Risk Management & Financial Modelling
- Corporate Finance & Accounting
- Business Valuation & Mergers
- Private Equity & Venture Capital
Salary by Experience
- Entry-Level (0-3 years): INR 18-30 lakhs per year
- Mid-Level (3-7 years): INR 35-45 lakhs per year
- Senior-Level (7+ years): INR 50+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Investment Banker |
Facilitates mergers, acquisitions, and capital raising. |
20-40 lakhs |
1.2-1.8 crores (USD 150,000-220,000) |
|
Financial Manager |
Oversees financial health and strategies of organizations. |
15-30 lakhs |
1-1.5 crores (USD 130,000-200,000) |
|
Risk Analyst |
Identifies and mitigates financial risks. |
12-25 lakhs |
80 lakhs-1.2 crores (USD 100,000-150,000) |
|
Private Equity Associate |
Invests in private companies and manages portfolios. |
18-35 lakhs |
1.5-2 crores (USD 180,000-250,000) |
|
Chief Financial Officer (CFO) |
Directs company's financial planning and reporting. |
25-50 lakhs |
2-3 crores (USD 250,000-350,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
University of Pennsylvania (Wharton) |
INR 1.3 crore |
|
University of Chicago (Booth) |
INR 1.2 crore |
|
London Business School (LBS) |
INR 1.1 crore |
|
Imperial College London |
INR 95 lakhs |
|
Frankfurt School of Finance & Management |
INR 90 lakhs |
2. MBA in Marketing
Average Salary in India: INR 15-40 lakhs | Average Salary in USA: INR 75 lakhs - 1 crore
An MBA in Marketing is designed to offer business knowledge by carefully grasping the marketing side of it. As marketing students, you will learn to examine consumer behavior thoroughly and come up with products that people most likely want to purchase. This Specialisation offers expert knowledge on creating, communicating, and delivering a certain value to fulfill the targeted market and earn profits.
Scope: The Bureau of Labor Statistics (BLS) states that marketing managers earn an estimated annual salary of $14,500 (INR 12,10,810).
Core Subjects
- Retail Marketing
- Consumer Behaviour & Psychology
- Digital Marketing & Social Media Strategies
- Brand Management & Advertising
- Market Research & Data Analytics
Salary by Experience
- Entry-Level (0-3 years): INR 12-25 lakhs per year
- Mid-Level (3-7 years): INR 30-45 lakhs per year
- Senior-Level (7+ years): INR 50+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Marketing Director |
Develops and oversees a company’s marketing strategy. |
18-35 lakhs |
1.2-1.8 crores (USD 150,000-220,000) |
|
Brand Manager |
Manages brand positioning, campaigns, and market research. |
12-28 lakhs |
90 lakhs-1.3 crores (USD 110,000-160,000) |
|
Digital Marketing Manager |
Focuses on online and social media marketing strategies. |
10-22 lakhs |
80 lakhs-1.2 crores (USD 100,000-150,000) |
|
Market Research Analyst |
Gathers and interprets market data to drive business decisions. |
10-20 lakhs |
75 lakhs-1.1 crores (USD 90,000-135,000) |
|
Chief Marketing Officer (CMO) |
Leads all marketing and branding efforts for a company. |
25-50 lakhs |
2-3 crores (USD 250,000-350,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Northwestern University (Kellogg) |
INR 1.3 crore |
|
University of Pennsylvania (Wharton) |
INR 1.2 crore |
|
Oxford Business School |
INR 1.1 crore |
|
EU Business School |
INR 90 lakhs |
|
University of Melbourne |
INR 85 lakhs |
3. MBA in Operations Management
Average Salary in India: INR 15-38 lakhs | Average Salary in USA: INR 80 lakhs - 1.1 crore
Operations Management is one of the most sought-after MBA specialisations in 2025. An MBA in Operations Management focuses on streamlining business processes, supply chains, and production systems to improve efficiency and reduce costs. This specialisation plays a crucial role in industries such as manufacturing, logistics, and retail, where operational excellence directly impacts profitability. Pursuing this degree enhances leadership, strategic thinking, and problem-solving skills, preparing professionals for senior management roles.
Scope: The Bureau of Labour Statistics (BLS) projects that operations management jobs will grow by 9% by 2030, ensuring steady demand for skilled professionals in this field.
Core Subjects
- Supply Chain & Logistics Management
- Quality Management & Process Optimisation
- Project & Inventory Management
- Operations Research & Data Analytics
- Lean & Agile Manufacturing
Salary by Experience
- Entry-Level (0-3 years): INR 12-25 lakhs per year
- Mid-Level (3-7 years): INR 28-40 lakhs per year
- Senior-Level (7+ years): INR 45+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Operations Manager |
Manages daily business processes and supply chain efficiency. |
12-28 lakhs |
80 lakhs-1.1 crores (USD 100,000-140,000) |
|
Supply Chain Director |
Oversees procurement, logistics, and vendor relationships. |
15-35 lakhs |
90 lakhs-1.3 crores (USD 110,000-160,000) |
|
Logistics Head |
Ensures smooth transportation, inventory, and distribution. |
12-30 lakhs |
85 lakhs-1.2 crores (USD 105,000-150,000) |
|
Quality Control Manager |
Develops strategies for process optimization and quality assurance. |
10-22 lakhs |
75 lakhs-1 crore (USD 90,000-125,000) |
|
Procurement Director |
Negotiates contracts, vendor selection, and supply chain strategy. |
18-40 lakhs |
95 lakhs-1.4 crores (USD 115,000-170,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Massachusetts Institute of Technology (Sloan) |
INR 1.3 crore |
|
University of Michigan (Ross) |
INR 1.1 crore |
|
Purdue University (Krannert) |
INR 95 lakhs |
|
University of Warwick (WBS) |
INR 90 lakhs |
|
INSEAD |
INR 85 lakhs |
4. MBA in Business Analytics
Average Salary in India: INR 18-42 lakhs | Average Salary in USA: INR 85 lakhs - 1.2 crore
Business Analytics is the highest-paying MBA Specialisation in 2025. An MBA in Business Analytics is all about systematically analyzing data to reach valid conclusions and decisions. The data here is generated through business operations or statistical sources to evaluate efficiency, cost, and results. Pursuing this Specialisation enhances your leadership, technical, and analytics
Scope: The Bureau of Labour Statistics (BLS) expects growth for business analytics skills to jump 10.9 percent, outpacing the national growth average of 5.2 percent for all jobs, from 2018 to 2028. The Bureau of Labour Statistics (BLS) expects business analytics skills to grow by 10.9 percent, outpacing the national growth average of 5.2 percent for all jobs, from 2018 to 2028.
Core Subjects
- Financial Management
- Managerial Economics
- Operations Management
- Computer Programming
- Quantitative Methods
Salary by Experience
- Entry-Level (0-3 years): INR 12-20 lakhs per year
- Mid-Level (3-7 years): INR 25-35 lakhs per year
- Senior-Level (7+ years): INR 40+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Business Systems Analyst |
Improves business processes using data-driven insights. |
12-25 lakhs |
85 lakhs-1.2 crores (USD 100,000-150,000) |
|
Data & Business Analyst |
Uses analytics to support strategic decision-making. |
10-22 lakhs |
80 lakhs-1.1 crores (USD 95,000-140,000) |
|
Business Strategist Analyst |
Assesses market trends and develops growth strategies. |
15-30 lakhs |
90 lakhs-1.3 crores (USD 110,000-160,000) |
|
Healthcare Business Analyst |
Uses data insights to optimize hospital operations. |
14-28 lakhs |
95 lakhs-1.4 crores (USD 115,000-170,000) |
|
Business Intelligence Manager |
Leads analytics teams and strategy implementation. |
18-35 lakhs |
1-1.5 crores (USD 120,000-180,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Massachusetts Institute of Technology (Sloan) |
INR 1.2 crore |
|
Imperial College London |
INR 95 lakhs |
|
Alliance Manchester Business School |
INR 80 lakhs |
|
University of Alberta |
INR 75 lakhs |
|
University of Melbourne |
INR 70 lakhs |
5. MBA in Information Technology
Average Salary in India: INR 12-35 lakhs | Average Salary in USA: INR 90 lakhs - 1.4 crore
Information Technology is the second highest-paid MBA Specialisation in the world. An MBA in IT combines business management principles with IT knowledge. This specialisation focuses on managing technology projects, IT infrastructure, and technology-driven business strategies. It prepares graduates for leadership roles in tech firms or IT departments, bridging the gap between technology and business operations. An MBA in IT is a great choice to have an edge in today’s tech-savvy work environment.
Scope: According to data from the Bureau of Labor Statistics (BLS), jobs for MBA in Information Technology are expected to rise by 13 percent from 2020 to 2030, with an addition of more than 667,600 new jobs.
Core Subjects
- Operations Management
- Business Intelligence & Analytics
- IT Project & Operations Management
- Data Visualization & Modeling
- Cybersecurity & Cloud Computing
Salary by Experience
- Entry-Level (0-3 years): INR 10-18 lakhs per year
- Mid-Level (3-7 years): INR 20-30 lakhs per year
- Senior-Level (7+ years): INR 35+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Chief Information Officer (CIO) |
Oversees IT strategy and business alignment. |
30-50 lakhs |
1.2-2 crores (USD 150,000-250,000) |
|
IT Services Manager |
Manages IT teams and service operations. |
15-35 lakhs |
90 lakhs-1.5 crores (USD 110,000-180,000) |
|
Senior IT Business Analyst |
Improves business processes through technology solutions. |
12-28 lakhs |
85 lakhs-1.3 crores (USD 100,000-160,000) |
|
Cybersecurity Manager |
Leads data security and risk management strategies. |
20-40 lakhs |
95 lakhs-1.6 crores (USD 115,000-200,000) |
|
Solutions Architect Manager |
Designs and manages complex IT infrastructure solutions. |
18-38 lakhs |
1-1.7 crores (USD 130,000-210,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Carnegie Mellon University |
INR 1.3 crore |
|
Massachusetts Institute of Technology (Sloan) |
INR 1.2 crore |
|
University of Glasgow |
INR 95 lakhs |
|
University of Toronto |
INR 90 lakhs |
|
University of New South Wales (UNSW), Sydney |
INR 85 lakhs |
6. MBA in Human Resources (HR)
Average Salary in India: INR 10-30 lakhs per year | Average Salary in USA: INR 70 lakhs - 1 crore per year ($85,000 - $120,000)
Human Resources is a high-demand MBA specialisation in 2025. An MBA in Human Resources focuses on talent management, workforce development, and organisational strategy. It is crucial for companies aiming to attract, retain, and develop top talent in competitive industries. HR professionals bridge the gap between business goals and employee performance, ensuring productivity and a positive work culture.
Scope of MBA in HR: The Bureau of Labor Statistics (BLS) projects that HR management jobs will grow by 7% by 2031, reflecting the increasing demand for HR leaders across industries. (BLS HR Statistics)
Core Subjects
- Organisational Behaviour & Leadership
- Talent Acquisition & Employee Engagement
- Compensation & Benefits Management
- HR Analytics & Workforce Planning
- Labour Laws & Industrial Relations
Salary by Experience
- Entry-Level (0-3 years): INR 8-15 lakhs per year
- Mid-Level (3-7 years): INR 18-28 lakhs per year
- Senior-Level (7+ years): INR 30+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
HR Director |
Manages HR policies, workforce planning, and compliance. |
25-45 lakhs |
70 lakhs-1 crore (USD 85,000-120,000) |
|
Talent Acquisition Head |
Leads recruitment strategies for top-tier talent. |
18-35 lakhs |
65 lakhs-95 lakhs (USD 80,000-115,000) |
|
Compensation & Benefits Manager |
Develops salary structures and employee benefits programs. |
20-38 lakhs |
75 lakhs-1 crore (USD 90,000-125,000) |
|
HR Analytics Manager |
Uses data-driven insights to optimize HR performance. |
22-40 lakhs |
80 lakhs-1.1 crores (USD 100,000-140,000) |
|
Chief Human Resources Officer (CHRO) |
Leads HR strategy and employee engagement for global firms. |
35-55 lakhs |
1-1.5 crores (USD 120,000-180,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Harvard Business School |
INR 1.2 crore |
|
University of Pennsylvania (Wharton) |
INR 1.1 crore |
|
London Business School |
INR 1 crore |
|
University of Michigan (Ross) |
INR 95 lakhs |
7. MBA in Economics
Average Salary in India: INR 12-30 lakhs per year | Average Salary in USA: INR 70 lakhs - 1.2 crore per year ($85,000 - $150,000)
The next MBA Specialisation with the highest salary is Economics. The role of economists is to collect and analyze data, research trends, and evaluate economic issues for resources, goods, and services. It offers you the eligibility to work as a specialist in areas like business intelligence, operations research, information sciences, econometrics, and so on.
Scope of MBA in Economics: About 1,600 openings for economists are projected each year, on average, over the decade, according to data by the Bureau of Labour Statistics (BLS). It expects jobs in the economics sector to grow by 13% from 2020 to 2030.
Core Subjects
- Microeconomics and Macroeconomics
- Econometric Analysis
- International Economics
- Financial Economics
- Public Policy
Salary by Experience
- Entry-Level (0-3 years): INR 8-15 lakhs per year
- Mid-Level (3-7 years): INR 18-25 lakhs per year
- Senior-Level (7+ years): INR 28-40 lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Economic Consultant |
Provides expert analysis of economic trends and policies. |
20-40 lakhs |
70 lakhs-1.2 crores (USD 85,000-150,000) |
|
Policy Analyst |
Evaluates and develops policies to address economic issues. |
18-35 lakhs |
65 lakhs-1 crore (USD 80,000-125,000) |
|
Financial Analyst |
Assesses financial data to guide investment decisions. |
22-38 lakhs |
75 lakhs-1.1 crores (USD 90,000-135,000) |
|
Market Research Analyst |
Studies market conditions to forecast business trends. |
15-30 lakhs |
60 lakhs-95 lakhs (USD 75,000-115,000) |
|
Actuary |
Analyzes financial risks using mathematics and statistics. |
25-45 lakhs |
80 lakhs-1.3 crores (USD 100,000-160,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Harvard Business School |
INR 1.5 crore |
|
University of Chicago (Booth) |
INR 1.4 crore |
|
London School of Economics (LSE) |
INR 1.3 crore |
|
Indian Institute of Management, Ahmedabad |
INR 30-35 lakhs |
|
University of Cambridge (Judge) |
INR 1.2 crore |
8. MBA in International Business
Average Salary in India: INR 7-15 lakhs per year | Average Salary in USA: INR 70 lakhs - 1.2 crore per year ($85,000 - $150,000)
An MBA in International Business focuses on managing and expanding businesses across global markets. This high-paying MBA specialisation provides students a global view of business and teaches them how to work with professionals from different cultures. An MBA in International Business responds to the growing trend of globalization and helps graduates understand and succeed in international markets.
Scope: The Bureau of Labor Statistics (BLS) states that the Director of Global Business earns an estimated annual salary of $100,360 (INR 83,80,480) per annum. And, the job outlook is estimated to be 14% within 2020-2030.
Core Subjects
- International Trade
- Global Marketing
- Cross-Cultural Management
- International Finance
- Global Supply Chain Management
Salary by Experience
- Entry-Level (0-3 years): INR 7-10 lakhs per year
- Mid-Level (3-7 years): INR 10-15 lakhs per year
- Senior-Level (7+ years): INR 15-20 lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
International Marketing Manager |
Develops and implements global marketing strategies. |
18-35 lakhs |
70 lakhs-1.2 crores (USD 85,000-150,000) |
|
Global Supply Chain Manager |
Oversees international logistics and procurement. |
20-38 lakhs |
65 lakhs-1 crore (USD 80,000-125,000) |
|
International Trade Compliance Manager |
Ensures adherence to global trade regulations. |
22-40 lakhs |
75 lakhs-1.1 crores (USD 90,000-135,000) |
|
Foreign Investment Advisor |
Provides guidance on international investment strategies. |
25-45 lakhs |
80 lakhs-1.3 crores (USD 100,000-160,000) |
|
Global Business Development Manager |
Identifies and pursues business expansion in foreign markets. |
22-42 lakhs |
70 lakhs-1.2 crores (USD 85,000-150,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Harvard Business School |
INR 1.5 crore |
|
INSEAD |
INR 1.4 crore |
|
London Business School |
INR 1.3 crore |
|
Indian Institute of Management, Bangalore |
INR 25-30 lakhs |
|
University of Pennsylvania (Wharton) |
INR 1.6 crore |
9. MBA in Healthcare Management
Average Salary in India: INR 7-10 lakhs per year | Average Salary in USA: INR 74 lakhs - 99 lakhs per year ($90,000 - $120,000)
An MBA in Healthcare Management equips professionals with the skills to manage healthcare facilities, understand healthcare policies, and improve patient care services. This specialisation is crucial as the healthcare industry continues to expand, requiring adept management to ensure efficient operations and quality care.
Scope: The healthcare sector is experiencing rapid growth, leading to increased demand for professionals who can navigate its complexities. This growth offers numerous opportunities for those equipped with both business acumen and healthcare knowledge.
Core Subjects
- Healthcare Policy and Management
- Hospital Administration
- Health Economics
- Medical Ethics and Law
- Healthcare Marketing
Salary by Experience
- Entry-Level (0-3 years): INR 5-7 lakhs per year
- Mid-Level (3-7 years): INR 8-12 lakhs per year
- Senior-Level (7+ years): INR 13-20 lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in USA |
|---|---|---|---|
|
Hospital Administrator |
Oversees hospital operations to ensure efficient healthcare services. |
12-22 lakhs |
70-90 lakhs (USD 85,000-110,000) |
|
Healthcare Consultant |
Provides expert advice to improve healthcare facility performance. |
15-28 lakhs |
75 lakhs-1 crore (USD 90,000-120,000) |
|
Pharmaceutical Project Manager |
Manages drug development projects within pharmaceutical firms. |
18-32 lakhs |
80 lakhs-1.1 crores (USD 95,000-135,000) |
|
Health Services Manager |
Manages medical and health services in clinics or hospitals. |
20-35 lakhs |
85 lakhs-1.2 crores (USD 100,000-150,000) |
|
Medical Practice Manager |
Oversees business operations for private medical practices. |
15-30 lakhs |
75 lakhs-1 crore (USD 90,000-125,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Harvard Business School |
INR 1.5 crore |
|
University of Pennsylvania (Wharton) |
INR 1.4 crore |
|
Stanford Graduate School of Business |
INR 1.3 crore |
|
Indian School of Business (ISB) |
INR 25-30 lakhs |
|
Indian Institute of Management, Ahmedabad |
INR 30-35 lakhs |
10. MBA in Supply Chain Management
Average Salary in India: INR 14-36 lakhs per year | Average Salary in USA: INR 80 lakhs - 1.2 crore per year ($100,000 - $150,000)
An MBA in Supply Chain Management prepares professionals to handle logistics, procurement, operations, and distribution strategies for businesses. As global trade and e-commerce continue to expand, supply chain professionals are in high demand across industries like manufacturing, retail, healthcare, and technology.
Scope: The Bureau of Labor Statistics (BLS) projects that logistics and supply chain jobs will grow by 30% by 2030, making it one of the fastest-growing fields in business management. (BLS Supply Chain Report)
Core Subjects
- Logistics and Distribution Management
- Procurement & Vendor Management
- Inventory Control & Demand Forecasting
- Global Supply Chain Strategies
- Data Analytics in Supply Chain
Salary by Experience
- Entry-Level (0-3 years): INR 12-22 lakhs per year
- Mid-Level (3-7 years): INR 25-40 lakhs per year
- Senior-Level (7+ years): INR 50+ lakhs per year
Salary by Job Role
|
Job Role |
Description |
Average Salary in India (INR) |
Average Salary in the USA |
|---|---|---|---|
|
Logistics Head |
Manages supply chain, transportation, and warehousing. |
18-35 lakhs |
80 lakhs-1.2 crores (USD 100,000-150,000) |
|
Procurement Director |
Oversees vendor negotiations and strategic sourcing. |
22-40 lakhs |
85 lakhs-1.3 crores (USD 110,000-160,000) |
|
Operations Director |
Optimises supply chain processes and business operations. |
25-45 lakhs |
90 lakhs-1.4 crores (USD 120,000-180,000) |
|
Supply Chain Analyst |
Uses data to improve logistics and inventory management. |
20-38 lakhs |
75 lakhs-1.1 crores (USD 95,000-140,000) |
|
Global Supply Chain Manager |
Oversees international supply chain strategies and operations. |
22-42 lakhs |
85 lakhs-1.3 crores (USD 110,000-160,000) |
Salary by Business School
|
University |
Average MBA Salary (INR per year) |
|---|---|
|
Massachusetts Institute of Technology (Sloan) |
INR 1.5 crore |
|
Michigan State University (Broad) |
INR 1.2 crore |
|
Purdue University (Krannert) |
INR 1.1 crore |
|
Indian Institute of Management, Bangalore (IIMB) |
INR 30-35 lakhs |
|
University of Mannheim |
INR 90 lakhs |
Why Do You Need a Specialised MBA?
While a general MBA provides a broad understanding of business administration principles, pursuing a specialized MBA can significantly enhance your prospects for a rewarding career. A general MBA covers foundational topics in business administration, offering a broad knowledge base. On the other hand, a specialized MBA delves deeper into a specific industry or field, providing in-depth insights and expertise.
For instance, opting for an MBA in Business Analytics allows you to focus on the application of analytics within business management. You'll gain proficiency in areas such as data management, predictive analytics, data visualization, and quantitative methods. While a general MBA can broaden your job opportunities, a specialized MBA often leads to higher-paying positions in top companies.
How to Choose the Right MBA Specialisation?
Pursuing an MBA opens up numerous career paths and Specialisations to explore. Selecting the right MBA Specialisation is crucial as it shapes your future career trajectory. Each Specialisation offers unique career opportunities. Thoroughly researching and understanding the scope, curriculum, and job prospects of various Specialisations can help you make an informed choice aligned with your aspirations. It's essential to consider the following factors when making this decision.
- Salary Potential: You must check the earning prospects associated with each Specialisation.
- Scope and demand in the job market: Consider how sought after the Specialisation is in various industries.
- Projected job growth: Look into the expected increase in job opportunities for the Specialisation in the future.
- Social prestige associated with the Specialisation: Think about the societal and professional recognition linked to the field.
- Quality of faculty: Assess the expertise and experience of the professors teaching the Specialisation.
- Availability of internships and placement opportunities: Check the access to internships and job placements during and after the MBA program.
- Research resources and infrastructure: Ensure the school offers robust resources and facilities for research in your chosen field.
- Tuition costs and return on investment (ROI): Compare the cost of the program with the potential financial benefits post-graduation.
While the demand and earning potential for different Specialisations can vary by location, certain MBA Specialisations remain popular worldwide.
Best Countries & Colleges to Study MBA Abroad
Many countries offer MBA programs at their universities. However, pursuing your degree from a highly sought-after destination can provide numerous advantages. The top study-abroad destinations, such as the USA, the UK, or Canada, not only offer access to prestigious global institutions but also expose you to multiculturalism and cultural inclusiveness. This can enhance your overall experience. Let's explore the top five destinations for pursuing an MBA program globally to understand the scope, demand, and career prospects in each of them.
|
Country |
Top Universities |
Average MBA Fees |
|---|---|---|
|
Canada |
|
CAD 37,000 (INR 22L) |
|
Australia |
|
AUD 60,000 (INR 33L) |
|
Germany |
|
EUR 40,000 (INR 36L) |
|
USA |
|
$ 74,910 (INR 62L) |
|
UK |
|
GBP 65,000 (INR 69L) |
Top Recruiters Hiring MBA Graduates Abroad
A discussion on which MBA Specialisation is best paid abroad is incomplete without looking at the top recruiters. One of the vital factors that go into choosing the highest-paid MBA Specialisation in the world is the available career opportunities after completion of the course.
Here are some of the top recruiters that hire MBA graduates:
|
Company |
Job Profile |
Salary |
|---|---|---|
|
Amazon |
Product Manager |
$ 160,000 (INR 1.3Cr) |
|
|
Product Marketing Manager |
$ 175,000 (INR 1.4Cr) |
|
Microsoft |
Program Manager |
$ 140,000 (INR 1.1Cr) |
|
Apple |
Operations Manager |
$ 150,000 (INR 1.2Cr) |
|
Deloitte |
Management Consultant |
$ 130,000 (INR 1Cr) |
|
Nike |
Brand Manager |
$ 120,000 (INR 1Cr) |
|
McKinsey & Company |
Management Consultant |
$ 185,000 (INR 1.5Cr) |
|
EY |
Management Consultant |
$ 140,000 (INR 1.1Cr) |
|
Bank of America |
Investment Banking Associate |
$ 125,000 (INR 1Cr) |
|
PwC |
Management Consultant |
$ 130,000 (INR 1Cr) |
Suggested: Is Work Experience Necessary to Pursue an MBA abroad?
From the Desk of Yocket
Choosing the right MBA Specialisation is crucial for a successful career path. Understanding the demand, scope, and salary potential of various Specialisations can guide individuals toward making informed decisions. Whether it's Business Analytics, Information Technology, Finance, Marketing, or Economics, each Specialisation offers unique opportunities for professional growth and financial success. By thoroughly researching and considering personal interests and goals, aspiring MBA students can pave the way for a rewarding journey in the dynamic world of business.
Gain valuable insights into the top-paying MBA Specialisations with Yocket Premium! Our expert counselors provide comprehensive guidance, helping you navigate the dynamic landscape of MBA programs. From salary potentials to job prospects, unlock the key to a successful MBA journey with Yocket Premium today.
