Business Administration : Remuneration
The status of the management professionals has become very lucrative
with the increased business expansion and globalization. This glamorous
profession offers one of the best pay packages in the country, particularly
in the private sector. As this profession has many fields, the remuneration
varies depending on the specialized area and the company one chooses to
work for.
Starting salary and perquisites vary depending on the size and prestige
of the recruiting organization, the candidate's qualification and the
institute of training. A fresh MBA degree holder from a reputed management
institute, can expect a salary of Rs. 8,000 to 10,000/- per month. Depending
on his/her effort and experience, it may go up to 40,000 to 50,000 per
month.
Management professionals from India are in good demand in international
market. Excellent perks are offered to these professionals which may include
free accommodation, attractive conveyance allowance, leave travel concession,
medical allowance, reimbursement and much more.
Apart from the high package, a job in the management field also offers
outstanding developmental opportunities for dynamic managers to rise to
the level of Chief-executive.
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