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Top 10 Highest Paying Jobs in Management in India?

Top 10 Highest Paying Jobs in Management in India?

Edited By Team Careers360 | Updated on Mar 15, 2024 11:04 AM IST | #MBA

Jobs in the management field are sought-after career opportunities not only for MBA graduates but also for graduates from other domains. Jobs in the management field have witnessed a major transformation and significant growth in recent times. The demand for skilled professionals in the management sector is increasing rapidly because of globalisation and economic developments. Therefore career opportunities in India are growing rapidly in various sectors and graduates are enjoying high-paying jobs after completing their studies. In this article, we will discuss the top 10 highest-paying jobs in management in India.

Top 10 Highest Paying Jobs in Management in India?
Top 10 Highest Paying Jobs in Management in India?

What is Management?

Management is one of the most popular courses in both undergraduate and postgraduate degree programmes that provide knowledge on the principles of various subjects like operational management, finance, and product management. Management courses typically cover topics such as leadership, strategic planning, decision-making, organisational behaviour, finance, marketing, and operations. They aim to equip students with the knowledge and tools needed to lead teams, allocate resources, solve problems, and adapt to dynamic business environments.

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Is Management a High-Paying Career?

Management course opens up a lot of career opportunities in various industries in India. A few high-paying careers in the management field are Sales Manager, Marketing Manager, Financial Manager, Public Relations Manager, and Human Resources Manager. In the table below, we have mentioned the salary of the high-paying career options.

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Job ProfilesAverage Salary

Human Resource Manager

Rs. 12.0 LPA

Public Relations Specialist

Rs. 5.8 LPA

Sales Manager

Rs. 6.6 LPA

Marketing Manager

Rs. 11.9 LPA

Information Systems Manager

Rs. 17.8 LPA

Social Media Manager

Rs. 4.8 LPA

Business Analyst

Rs. 9.2 LPA

Chief Executive Officer (CEO)

Rs. 88.9 LPA

Finance Manager

Rs. 17.3 LPA

Operations Manager

Rs. 10.2 LPA

Human Resource Manager

Human resources managers are responsible for recruiting, planning, managing, coordinating, and evaluating human resources within an organisation. Their job includes interviewing, hiring, and training new employees. Every organisation has at least one HR department. This position is one of the highest-paying management jobs. The average salary of the human resource manager is Rs. 12.0 lakhs per year.

Public Relations Specialist

Public Relations Specialists are responsible for maintaining and improving the image of brands, customers, employers, or organisations. Their job includes coordinating campaigns and building relationships with clients, government agencies, or business opportunities. They plan and create media kits, and press releases, manage communications budgets, and check advertising and promotional programs. It is among one of the best management jobs in India. The average salary for a public relations specialist in India ranges from Rs. 3 lakhs per year to Rs. 5.8 lakhs per year.

Sales Manager

Sales managers are professionals responsible for leading and directing the sales team within their organisation and building the business. Sales managers' job includes creating plans, setting goals, analysing data, delivering sales tasks, and training the members of the team. It is also one of the high-paying management jobs in India. The average salary for a public relations specialist in India is Rs. 6.6 lakhs per year.

Marketing Manager

Marketing Managers are professionals, responsible for planning and executing campaigns to raise awareness of the company's products and services. Marketing Managers' job includes designing, managing, and evaluating marketing campaigns, analysing market trends, and engaging in social media strategy. Marketing Managers are one of the top management jobs in India and the average salary of the marketing manager is Rs. 11.9 lakhs per year.

Information Systems Managers

Information Systems Managers are responsible for planning, coordinating, and incorporating computer-related activities. The Managers’ job includes evaluating the latest technology, working with engineers, evaluating computers, and communicating with their CIS team about company procedures, goals, and policies. The average Information Systems Manager's salary is Rs. 17.8 lakhs per year.

Social Media Manager

A social media manager is responsible for organising, directing, and executing a company's social media presence. Their work includes creating content for multiple platforms, analysing, researching, and supervising SEO checks. It is one of the highest-paid corporate jobs in India. The average salary for Social Media Managers in India is Rs 4.8 lakhs per year.

Business Analyst

Business Analysts are responsible for developing company or client procedures and structures. Analyse and evaluate business processes, research, present, train and develop projects. They identify the organisation's technical needs, create financial models and understand business strategies, budget and perform financial analysis. The average salary for Business Analysts in India is Rs 9.2 lakhs per year.

Chief Executive Officer (CEO)

The Chief Executive Officer (CEO) is responsible for planning and implementing the company's goals and visions. He or she looks after the organisation's financial and budgetary acts and manages products and services activities, contracts, agreements, and appointments. They analyse financial statements and sales reports and are one of the top management jobs in India. The average Chief Executive Officer's salary is Rs. 88.9 lakhs per year, though the salary may vary depending on the start-up and the company's profit and funding it is getting.

Finance Manager

A Finance Manager is responsible for the financial operations of an organisation. His or her work includes planning and analysing, balance sheet reconciliations, budget planning, and supporting the management team. A Finance Manager deals with the collection, financial reports, payables, account receivables, and expenses. It is one of the highest-paid corporate jobs in India. The average salary for a finance manager in India is Rs 17.3 lakhs per year.

Operations Manager

The Operations Manager is responsible for managing, hiring, supervising, training, taking programs for quality assurance, and monitoring and analysing the strategies of an organisation. Their work deals with the budget, project delivery, and people, meeting the needs of clients and balancing global needs. It is one of the highest-paid management jobs in India. The average salary for Operations Managers in India is Rs. 10.2 lakhs per year.

The salary figures mentioned in these articles are just for reference purposes. Actual salaries may vary depending on respective candidates, employer, job location, and numerous other factors.

Frequently Asked Questions (FAQs)

1. What does a Human Resource Manager do?

Human Resource Manager recruits, plans, manages, coordinates, and evaluates human resources within an organization. They interview, hire and train new employees. Every organization has at least one HR department. 

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Questions related to MBA

Have a question related to MBA ?

A two-year MBA program in India typically costs between 10 lakh and 34 lakh, but this can vary significantly based on the institution, program type, and location. Government and state colleges generally have lower fees, ranging from 2 lakh to 6 lakh, while private and international institutions can charge considerably more.

Factors influencing MBA fees:

Institution Type: Government and state-funded institutions generally have lower fees compared to private and international universities.

Program Type: Full-time, part-time, and online MBA programs can have different fees.

Location: Costs can vary depending on the city and state.

Infrastructure and Facilities: Institutions with better facilities and programs like international immersion programs may charge higher fees.

Fee ranges for different categories:

IIMs: 20 lakh to 28 lakh.

Tier-1 Private Colleges: 15 lakh to 25 lakh.

Tier-2 Private Colleges: 8 lakh to 12 lakh.

Tier-3 / State Colleges: 2 lakh to 6 lakh.

Private Universities: Up to 34.60 lakh.

Government/State Colleges: 2,600 to 8.6 lakh.

Online/Distance MBA: 15,500 to 55,000 per semester.

Example MBA fees for specific institutions:

IIM Bangalore: 26.00 lakh.

ISB Hyderabad: 35 lakh (1-year MBA).

XLRI Jamshedpur: 25 lakh.

SPJIMR Mumbai: 20 lakh.

NMIMS Mumbai: 19 lakh.

GOOD LUCK!!!

Hii,

The IBS Executive MBA Program is great for working professionals because it offers a flexible schedule, allowing you to study while continuing your job. The program focuses on real-world business problems, which helps you apply what you learn directly to your work. You’ll learn from experienced faculty members and have the chance to network with other professionals from different industries, which can open up new career opportunities.

It’s designed to improve leadership skills, making it ideal for people looking to grow in management roles. You also get a chance to gain global exposure through international study trips and industry connections. The curriculum includes various specializations, so you can choose what aligns with your career goals, whether it’s marketing, finance, or something else. Plus, the degree is from a well-recognized institution, which adds value to your resume.

The best part is that the program understands your need for balance, so it’s structured to fit into your busy work life.

Hello Vedant,

Based on the available information, if your merit number is 940 for the B.Tech + MBA Tech program at NMIMS Mumbai , it is unlikely that you will secure admission. The competition for this program is intense, and the closing ranks are typically much lower.

Key Points:

  • Limited Seats: The B.Tech + MBA Tech program at NMIMS Mumbai has a limited number of seats, making the admission process highly competitive.

  • Merit-Based Selection: Admission is primarily based on merit, and candidates with higher merit numbers have a lower chance of securing a seat.

  • Alternative Options: If you are interested in pursuing this program, consider exploring other campuses of NMIMS or similar programs at different institutions.

For the most accurate and up-to-date information, please refer to the official NMIMS website or contact their admissions office directly.


I hope this answer helps you. If you have more queries, feel free to share your questions with us, and we will be happy to assist you.

Thank you, and I wish you all the best in your bright future.



Hii,

Here's the best MBA colleges in Bangalore (without CAT)

  • SIBM Bangalore (Symbiosis Institute of Business Management)

    • Accepted Exam: SNAP

    • Average Package: 10–11 LPA

    • Highest Package: 20+ LPA

  • NMIMS Bangalore (Narsee Monjee Institute of Management Studies)

    • Accepted Exam: NMAT

    • Average Package: 9–10 LPA

    • Highest Package: 19 LPA

  • JAGSoM (Jagdish Sheth School of Management, formerly IFIM)

    • Accepted Exams: GMAT, GRE, MAT, XAT, CMAT

    • Average Package: 10.5 LPA

    • Highest Package: 22 LPA

  • XIME Bangalore (Xavier Institute of Management and Entrepreneurship)

    • Accepted Exams: XAT, CMAT, MAT, ATMA

    • Average Package: 7 LPA

    • Highest Package: 16 LPA

  • Christ University, Bangalore

    • Accepted Exams: CUET (Christ Entrance), MAT, XAT, CMAT

    • Average Package: 6–7 LPA

    • Highest Package: 13 LPA

  • Indus Business Academy (IBA), Bangalore

    • Accepted Exams: MAT, XAT, CMAT, ATMA

    • Average Package: 6.9 LPA

    • Highest Package: 14 LPA

  • ISME (International School of Management Excellence)

    • Accepted Exams: MAT, CMAT, XAT

    • Average Package: 6 LPA

    • Highest Package: 13 LPA

Hello,

A 5-year integrated MBA is a program that combines both undergraduate and postgraduate studies in business management. After completing your 12th grade, you can join this program, which typically includes 3 years of undergraduate courses (like BBA or similar) followed by 2 years of MBA-level coursework.

This program is designed to save time by combining both degrees into one. It usually requires you to clear an entrance exam for admission. It’s a good option if you’re certain about pursuing an MBA and want a streamlined path.

Hope it helps !

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