If your MBA or PGDM is from a top-ranked business school, you can expect a starting salary of around ₹5–10 lakh per year in the banking sector. The exact number depends on:
- Your college’s ranking/tier – Banks usually have their own internal grading of institutes.
- The bank you join – Different banks have different pay structures.
Reality check: An MBA gives you a head start only if it’s from a reputed institute. In most cases, the “MBA salary boost” is small compared to the faster salary growth and real work experience you could have gained by starting work earlier.
So yes, a premium MBA helps — but the big leap in earnings comes from performance on the job, not just the degree.
