For MBA freshers in Chennai, the starting salary package is anywhere between Rs. 1,80,000 - 3,50,000 LPA. Usually, the higher-end salary is offered to candidates hailing from reputed B-schools or having prior work experience.
However, the salary increases with experience, and after five years of industry experience, one can earn around Rs. 4,50,000 - 6,00,000 LPA. After about 10-15 years of work experience, the salary increases exponentially.
For managerial roles, it can go as high as Rs. 25,00,000 - 45,00,000 LPA and even more. Work experience isn’t the only determinant of the salary scale. Your compensation will also depend on company reputation and size, skillset, job profile, and advanced certifications.
Like we already pointed out earlier, Chennai presents promising employment and career prospects for MBA candidates. The rise of e-commerce and startups and the expansion of the already established industrial sectors in the region creates a massive demand for MBA professionals who are niche experts in the various domains of business and marketing.
MBA freshers can find plenty of employment opportunities in various sectors like textiles, IT/ITES, cement, BFSI, automobile and auto components, pharmaceutical, agro-based & food processing industry, and FMCG. Furthermore, once the development of the two business corridors - the Chennai-Bengaluru corridor and the Madurai-Tuticorin corridor - is completed, it will open new and exciting possibilities for MBA professionals in Chennai.
Chennai’s thriving tech sector is dominated by Telecom & IT companies. As is known, Technology, Telecom and IT companies are some of the biggest recruiters of MBA talent. The bottom line is, Chennai is an excellent MBA destination for aspirants who wish to take their career to the next level. So, if you are wondering what your options for MBA are, Chennai is definitely worth considering.