Salary package in the field of Business Administration

What is the salary package that I can expect out of this field?

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. 12,000/- to 15,000/- 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.