MBA in Finance Salary in India: A Complete Guide

Did you know that the Indian finance sector is projected to grow at a CAGR of 8.5% by 2028, creating a surge in demand for skilled finance professionals? An MBA in Finance is one of the most sought-after degrees for those wanting to make a career in finance. With a primary focus on strategy, advanced financial analysis, and management, this degree opens up opportunities for students. 

However, one of the most common questions students ask before venturing into finance is the scope and range of earnings in the field. The salary prospects differ based on various factors like job roles, location, experience, and more. Read on to learn all about the MBA in finance salary and more.

What is an MBA in Finance?

An MBA in Finance is a specialised Master of Business Administration course. Students learn about financial analysis, management, and strategy. They also study the different patterns and nature of financial markets. The course effectively enhances students' leadership and strategic thinking abilities. 

Many universities offer this course, and students have opportunities for internships, where they get hands-on learning and networking experience. In 2024, over 60% of Indian companies listed financial management as a top skill when hiring MBA graduates. According to PayScale, the average starting salary for a Financial Analyst with an MBA in India is ₹5 Lakhs per annum.

Therefore, an MBA in Finance will provide the credentials and tools to succeed in a high-demand and competitive industry. 

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Popular Job Roles in the Finance Sector of India in 2025

The finance sector in India offers many lucrative career opportunities for students. There are a variety of roles spanning across the finance and banking industry. Here is a list of some of the popular finance job roles in India:

• Chief Financial Officer (CFO)

CFOs are tasked with overseeing a company’s financial operations, including budgeting, forecasting, and reporting finances. They play a major role in financial leadership and decision-making. The MBA in finance salary for this job role is the highest among other roles in the financial sector. 

CFOs at top Indian companies can earn between ₹40 lakh and ₹1 crore per annum. The median salary for senior finance professionals (including CFOs) is around ₹25 lakh per annum. 

• Accountant

Accountants handle financial records, prepare tax filings, and maintain compliance with regulatory and legal requirements. They are required in every business sector, not just finance. According to the internet, the average salary for an MBA graduate working as an accountant is ₹3,18,266 per annum. 

• Investment Banker

Investment bankers help clients raise capital. They provide financial advisory services to a company. These people also have the task of handling mergers and acquisitions. An Investment banker plays a significant role in financial markets and finance in general. 

Freshers in investment banking start at ₹10–12 lakh per annum in Tier-1 cities. Experienced investment bankers and those from top B-schools can earn ₹20–30 lakh per annum or more.

• Risk Manager

Risk managers evaluate and manage financial threats and risks within a company. They ensure that potential losses are minimised. These people create strategies to protect a company from facing financial downturns. Risk managers with an MBA typically earn ₹8–20 lakh per annum, depending on experience. 

Also Read:- What Makes an Online MBA in International Finance Unique?

• Financial Analyst

Financial Analysts assess data, economic trends, and the market to help companies make investment decisions. They generally work in banks, corporate finance departments, and investment firms. The average starting salary for a financial analyst is ₹5 lakhs per annum. After 5–10 years, finance professionals can earn ₹8–20 lakh per annum

• Financial Planner

These planners help businesses and individuals strategise their finances, including retirement planning, savings, and investments. They mostly work independently or at financial advisory firms. 

• Portfolio Manager

Portfolio managers oversee investment portfolios. They balance risk and return by selecting appropriate bonds, stocks, and other securities for their clients. Portfolio managers with an MBA can earn between ₹10–39 lakh per annum, depending on assets managed and experience.

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Overview of Finance Job Role Salaries in India

The finance industry in India offers a vast range of career opportunities. Each of them has a varying salary capacity and potential. It depends on different factors like experience, industry, and location. Here is an overview of the MBA in finance salary for different job roles that you can get in India:

As you can see, the finance industry in India offers substantial earning potential across different roles. Whether just starting as a fresher or looking towards climbing the career ladder, there are a lot of opportunities that you will get for growth to hike your MBA in finance starting salary.

Ready to see your name on this salary chart? Amity University Online’s MBA in Finance is tailored for future leaders. Enrol today to unlock your potential! 

Final Word

Getting an MBA in Finance can significantly boost your earning potential and offer many lucrative career opportunities. Even though the MBA in Finance salary differs based on various factors, the degree undoubtedly opens doors to many high-paying financial roles. As the world of finance continues to evolve, an MBA in Finance remains a valuable investment for students looking to thrive in a competitive world of finance. 

Are you ready to take your career in finance to the next level? Enroll in Amity Online’s MBA in Finance program today to gain the necessary skills and knowledge to make it out in the world of finance. Contact us today to start your future in Finance!