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Business Manager Salary in India Per Month – Job Profile, Career Growth, Pay Scale

Business Manager Salary

On this page we are going to provide you details about Business Manager Salary. Freshers and Experienced Candidates who want to be the manager can check Business Manager Pay Scale in India. Individuals can go through this page to know details about Business Manager Salary Per Month, Business Manager Salary in India, Business Manager Job Profile, Business Manager Career Growth.

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Business Manager Salary

Skills and Qualifications For Business Manager

  • Bachelor’s degree in business, management, or related field
  • At least 3 years experience as a business manager or relevant managerial role
  • Proven experience with business and strategy development processes
  • Outstanding poise in a fast-paced business environment
  • Superior leadership skills, with a focus in employee coaching and development

Preferred Qualifications

  • Master’s degree in business, management, or related field
  • Strong capabilities with database and information systems software
  • Previous data analysis experience
  • Proven ability with financial and budgetary processes
  • Prior industry experience and up-to-date knowledge of relevant trends

What is the average Salary of Business Manager?

The average business manager salary in India is ₹ 500,000 per year or ₹ 256 per hour. Entry-level positions start at ₹ 350,000 per year, while most experienced workers make up to ₹ 1,200,000 per year.

Check Updated: IT Manager Salary

Business Manager Salaries in India

The national average salary for Business Manager is ₹9,43,631 per year in India.

CompanyAverage Base Salary in (INR)
LivSpace₹12,30,834 /yr
GroupM₹9,02,019 /yr
IBM₹19,33,433 /yr
Performics₹9,22,123 /yr
HCL Technologies₹18,96,322 /yr
L&T Financial Services₹5,40,821 /yr
Info Edge₹9,18,712 /yr
IndiaMART₹9,00,282 /yr
Convonix₹8,84,708 /yr
Genpact₹17,16,066 /yr
Cipla₹6,32,222 /yr
Daimler India Commercial Vehicles₹12,97,718 /yr
IFB Industries₹53,174 /mo
Eurokids₹12,43,446 /yr
HSBC Holdings₹11,36,974 /yr
Wavemaker₹8,13,683 /yr
Burger Singh₹6,25,910 /yr
IBM India₹14,08,996 /yr
Tally Solutions₹11,33,492 /yr
CarDekho₹2,85,249 /yr

Average Business Manager Salary in India

The average salary for a Business Manager is ₹856,602 per year.

Base Salary₹301k – ₹2m
Bonus₹16k – ₹509k
Profit Sharing₹10k – ₹399k
Commission₹19k – ₹567k
Total Pay₹321k – ₹3m

Top Companies For Business Managers In India

CompanyBusiness Manager Salary India
Ikya Human Capital Solutions Pvt Ltd₹13,78,375 per year
HDFC Bank₹7,97,590 per year
Abbott Laboratories₹6,99,121 per year
Kotak Mahindra Bank₹6,22,092 per year

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Business Manager Pay by Experience Level

  • An entry-level Business Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹355,361 based on 21 salaries.
  • An early career Business Manager with 1-4 years of experience earns an average total compensation of ₹515,175 based on 118 salaries.
Entry Level59%
Early Career40%
Mid Career10%
Late Career53%
Experienced45%
  • A mid-career Business Manager with 5-9 years of experience earns an average total compensation of ₹771,003 based on 216 salaries.
  • An experienced Business Manager with 10-19 years of experience earns an average total compensation of ₹1,306,403 based on 218 salaries.
  • In their late career (20 years and higher), employees earn an average total compensation of ₹1,240,283.

Business Manager Pay Difference By Location

Employees with Business Manager in their job title in Bangalore, Karnataka earn an average of 49.5% more than the national average. These job titles also find higher than average salaries in Mumbai, Maharashtra (27.6% more) and Chennai, Tamil Nadu (16.4% more). The lowest salaries can be found in Kolkata, West Bengal (33.0% less), Pune, Maharashtra (23.0% less) and New Delhi, Delhi (0.8% less).

LocationPay Difference
Mumbai, Maharashtra 28%
Bangalore, Karnataka 50%
Chennai, Tamil Nadu 16%
New Delhi, Delhi 1%
Pune, Maharashtra 23%
Hyderabad, Andhra Pradesh 11%
Kolkata, West Bengal 33%
Gurgaon, Haryana 28%
Delhi, Delhi 43%
Ahmedabad, Gujarat 24%
Indore, Madhya Pradesh 46%
Noida, Uttar Pradesh 52%
Lucknow, Uttar Pradesh 31%
Coimbatore, Tamil Nadu 25%
Surat, Gujarat 7%
Jaipur, Rajasthan 18%
Patna, Bihar 64%
Chandigarh, Chandigarh 46%
Bhopal, Madhya Pradesh 11%
Gurgaon, Delhi 18%
Ludhiana, Punjab 48%
Nagpur, Maharashtra 47%

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Highest Paying Cities In India For Business Managers

CityBusiness Managers Annual Salary
Gurgaon, Haryana₹8,52,913 per year
Delhi, Delhi₹8,34,036 per year
Hyderabad, Telangana₹7,94,650 per year
Mumbai, Maharashtra₹7,59,430 per year
Bengaluru, Karnataka₹6,23,442 per year
Chennai, Tamil Nadu₹5,58,611 per year
Noida, Uttar Pradesh₹5,06,739 per year
Guwahati, Assam₹4,45,887 per year

Skills Required For Business Manager Job Profile

Skills and experience employers are looking for are as follows:

  • Knowledge of contracting process and associated local, state, federal, and other regulations.
  • Financial Management
  • Business Management
  • Commercial Acumen
  • Skill in the use of computers, preferably in a PC, Windows-based operating environment.
  • Negotiation
  • Interpersonal Sensitivity
  • Team Leadership
  • Prioritisation
  • Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.
  • Customer Service
  • Computer Literacy
  • Knowledge of cash management principles and/or procedures.

Also Check: General Manager Salary

Business Manager Duties And Responsibilities

There are some duties of Business Manager such as set business goals and objectives according to company’s needs, create business plans and develop business strategies to achieve the business goals, Coordinate and oversee the execution of company operations , Suggest improvements in order to upgrade for company operations process, Oversee employees and give them constructive feedback and suggestions for improvement.

Manager must build long-term relationships with all key stakeholders, ensure that company has the adequate and suitable resources needed to complete its activities, Collect, research, track and analyze relevant business data, write and present reports with findings and insights, perform complex analysis of overall company performance, serve as a face of the company when attending business events and conferences, adhere to all relevant laws and internal policies.

Note:

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