The average salary of tier 2 MBA colleges in India can vary depending on several factors such as the industry, job role, and the reputation of the college. However, on average, the salary can range from INR 5-10 lakhs per annum.
So let us dig a little deeper
Based on my practical knowledge and experience in the field of MBA education in India, I can provide a detailed answer to the question regarding the average salary of tier 2 MBA colleges in the country.
“The future depends on what you do today.” – Mahatma Gandhi
Here are some interesting facts about the average salary of tier 2 MBA colleges in India:
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Range of Salaries: The average salary of tier 2 MBA colleges in India can vary significantly. While some students may secure higher-paying jobs, others may settle for lower salaries. On average, the salary can range from INR 5-10 lakhs per annum.
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Factors Affecting Salaries: Several factors influence the average salary packages offered to MBA graduates from tier 2 colleges. These include the industry they join, the job role they assume, the reputation of the college, their work experience, and their individual skills and capabilities.
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Industry Impact: The industry or sector in which graduates find employment plays a crucial role in determining their salaries. Consulting, finance, technology, and e-commerce sectors generally offer higher salary packages compared to other industries.
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Job Roles: The job roles offered to MBA graduates also play a significant role in determining the average salary. Leadership positions such as management consultants, business analysts, marketing managers, and finance managers tend to receive higher remuneration.
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College Reputation: The reputation of the MBA college also influences the average salary packages. Tier 2 colleges with a strong alumni network, industry connections, and a good track record in placements can often secure higher-paying jobs for their graduates.
To illustrate the diverse salary ranges across tier 2 MBA colleges, here is a table showcasing a few examples:
| College Name | Average Salary Range (in INR) |
|---|---|
| College A | 4-8 lakhs per annum |
| College B | 5-10 lakhs per annum |
| College C | 6-12 lakhs per annum |
| College D | 4.5-9 lakhs per annum |
It is important to note that these figures are approximate and can vary based on numerous factors. Students with excellent academic performance, relevant work experience, and exceptional skills can often secure higher salary packages even from tier 2 colleges.
In conclusion, the average salary of tier 2 MBA colleges in India can range from INR 5-10 lakhs per annum, depending on factors such as industry, job role, and the reputation of the college. As Mahatma Gandhi said, the future depends on our actions today, and students must strive to maximize their potentials to secure lucrative career opportunities.
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Many additional responses to your query
The average salary of an MBA graduate from a tier 2 business school in India is around Rs. 8-9 lakhs per annum.
In tier 2 MBA colleges in india, placement averages range between INR 10 lakhs per annum and 20 lakhs per annum.
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Likewise, What is the salary of Tier 2 MBA in India? SJMSOM IIT Bombay MBA Placement 2022: Key Highlights
The average salary rose by 18.10 percent to Rs. 25.93 LPA from Rs. 21.96 LPA the previous year.
Regarding this, What is the average salary of MBA colleges in India?
The reply will be: MBA salary in India ranges from INR 7,00,000 to INR 12,00,000 per year for various MBA programmes. The average MBA salary in India in 2021, according to payscale, was INR 7,71,801.
Hereof, Which MBA colleges have highest salary package in India?
ISB Placement Report 2022.
As of now highest salary offered in India by IIM Calcutta is INR 34.1 Lakh per annum followed by ISB Hyderabad 34 Lakh per annum and so on.
Furthermore, How many Tier 2 MBA colleges are there in India?
The answer is: Top 40 Tier 2 MBA Institutes
| Institute Name | MBA Course Offered |
|---|---|
| Indian Institute of Management (IIM) Udaipur | PGP |
| Goa Institute of Management (GIM), Goa | PGDM |
| Indian Institute of Technology Madras (IIT Madras), Chennai | MBA |
| Xavier Institute Of Management & Entrepreneurship, Bangalore | PGDM |
Simply so, Are Tier 2 MBA colleges in India a good option?
As a response to this: Having established their brand names and consistently good placement records, tier 2 MBA colleges are next. Regarding rankings, these top tier 2 MBA colleges can be classified as being in the second chunk (top 15 to 30). Therefore, these tier 2 MBA colleges in India are still a good option for those seeking an MBA from an established B-School.
Keeping this in view, How much does an MBA make in India? Response will be: The starting salary varies depending on the rank of the B-School, type of industry and job role. For example, the national average MBA salary in India of an entry-level public relations manager is ₹3,57,820 per year. An analyst earns ₹5,59,389 per year, while a product manager’s national average salary is ₹8,20,207 per year.
How to choose the right MBA college in India? Response to this: With more than 5,000 MBA colleges in India, choosing the right institute can overwhelm. Besides the Tier 1 institutes, which are top-ranked in India, one may also consider Tier 2 colleges. The tier 2 MBA colleges are well equipped with present day infrastructure, and some have an economical fee.
Which B-School in India has the highest salary in 2022?
Response to this: Still based on its average salary of 2022 IIMA ranks high and is among the top 10 B-schools of India. IIM Bangalore is the top runner among top B-schools with highest average salary of Rs.35.31 LPA followed by IIM Calcutta with average salary of Rs.35.07 LPA and FMS Delhi with average salary of Rs.34.10 LPA in placement 2023.
Also question is, How much do MBA students make in India? The reply will be: According to a GMAC survey conducted by Corporate Recruiters Survey (CRS), an MBA salary is around 77 percent more than those with a bachelor’s degree. The average MBA salary in India for 2022 was INR 8.34 LPA, as per Payscale. MBA salary depends on the different specializations opted for in an MBA course.
Hereof, Are Tier 2 MBA colleges in India a good option? Having established their brand names and consistently good placement records, tier 2 MBA colleges are next. Regarding rankings, these top tier 2 MBA colleges can be classified as being in the second chunk (top 15 to 30). Therefore, these tier 2 MBA colleges in India are still a good option for those seeking an MBA from an established B-School.
Which B-School in India has the highest salary in 2022?
Response: Still based on its average salary of 2022 IIMA ranks high and is among the top 10 B-schools of India. IIM Bangalore is the top runner among top B-schools with highest average salary of Rs.35.31 LPA followed by IIM Calcutta with average salary of Rs.35.07 LPA and FMS Delhi with average salary of Rs.34.10 LPA in placement 2023.
Also, What are the top MBA colleges in India in 2023?
In reply to that: With time, the scenario has changed, and numerous other MBA colleges have made it to the list of top MBA colleges in India in 2023. The top MBA colleges in India include the Indian Institutes of Management (IIMs), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more. The list of the top 100 MBA colleges is included in this article.