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  • A Comprehensive MBA Career Guide - Top Specializations, Career Growth and Salary Insights

A Comprehensive MBA Career Guide - Top Specializations, Career Growth and Salary Insights

By Kamal Jacob

Updated on Apr 09, 2025 | 36 min read | 73.3k views

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Did you know MBA graduates can earn up to $3 million more over their careers than those with only a bachelor’s degree? 

An MBA is a valuable asset for career advancement, providing access to leadership positions and higher salaries. In India, MBA salaries range from ₹6,00,000 to ₹23,00,000 per year, with top IIMs offering packages close to ₹23L. Professionals aiming for roles in finance, tech, or consulting often see a significant boost after completing their MBA.

This guide covers the best MBA specializations, salary trends, and career growth opportunities for 2025. We will explore the top MBA tracks, emerging job markets, and how to make the most of your MBA to boost your career!

MBA Universe: Scope, Specializations & Career Impact

An MBA equips professionals with skills in strategy execution, cross-functional leadership, and data-driven problem solving, all vital for navigating business, technology, and decision-making. In tech, MBAs often lead product strategy or scale operations, while in finance, they drive decisions using risk models and performance metrics. 

In sectors like healthcare, government, and manufacturing, they turn long-term plans into action, often working under pressure with limited data across multiple teams.

What Makes an MBA Valuable in 2025?

  • Leadership Development
    MBA programs in India emphasize experiential learning through case studies, simulations, and group projects. These methodologies cultivate critical thinking and strategic decision-making skills, preparing graduates to lead teams and manage complex business challenges effectively.​
  • Salary Growth
    Graduates from top-tier institutions like the Indian Institutes of Management (IIMs) often command higher salaries. For instance, IIM Ahmedabad reports average packages of ₹34.45 lakhs per annum, while IIM Bangalore and IIM Calcutta offer ₹35.3 lakhs and ₹35.07 lakhs annually, respectively.
  • High Return on Investment (ROI)
    An MBA from a top-tier school often leads to rapid salary growth and faster career progression. For instance, IIM Kozhikode alumni reported a 242% salary increase within three years of graduation. This reflects the long-term financial impact of investing in a well-ranked MBA program.
  • Enhanced Employability
    The employability rate of MBA graduates in India has seen a significant rise, reaching 71% in 2024, up from 41% in 2021. This improvement reflects the growing demand for skilled management professionals across various industries. ​
  • Career Flexibility
    MBA programs build core skills in problem-solving, cross-functional communication, and business decision-making. These skills help professionals shift from technical roles to business leadership in fields like product management, finance, consulting, and strategy. 
  • Diverse Opportunities Beyond Traditional Roles
    MBA graduates are increasingly venturing into entrepreneurship, launching tech startups, and leading social enterprises. Programs offering electives in innovation, sustainability, and public policy provide the necessary tools to drive change across various sectors.

Understanding the value of an MBA is just the start. Next comes choosing between a general or specialized path.

General MBA vs. Specialized MBA: Key Differences

A general MBA builds a strong foundation across core areas like finance, marketing, operations, and strategy. It prepares you for leadership roles where decision-making spans departments, such as general management, corporate strategy, or operations leadership. 

A specialized MBA focuses on one domain such as Finance, Marketing, or Business Analytics, equipping you with deeper technical skills and industry-specific knowledge. It is ideal for professionals who already know their niche or want to pivot into specialized roles. 

Here’s a breakdown of the key differences:

Feature

General MBA

Specialized MBA

Curriculum Focus Broad, covers all major business functions Deep dive into one specific field (e.g., Finance)
Career Flexibility High – suitable for diverse roles and industries Moderate – tailored to specific sectors or roles
Cost Similar tuition, but may offer better long-term ROI due to flexibility Similar cost, but ROI depends on demand for specialization
Ideal For Early-career professionals or those exploring options Professionals with clear goals or domain expertise
When to Choose If you want leadership roles, career mobility, or are unsure of specialization If you have a defined interest and want to build expertise quicker

Ready to fast-track your career without hitting pause on your job? Explore upGrad's Online MBA Degree Courses from World’s Top B-schools. These programs are 100% online, flexible, and career-focused.

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As you weigh your MBA path, it's also important to understand how digital transformation is redefining what MBA careers look like today.

MBA in the Digital Age: How AI & Data are Transforming MBA Careers?

Artificial intelligence and data are transforming business across all industries, from predictive analytics in supply chains to generative AI in customer service. For MBAs, this means learning to integrate these tools into business decisions from the start. 

Top B-schools are now embedding digital fluency in their programs, with core courses like finance covering algorithmic trading and blockchain, and marketing. They focus on MarTech, personalization engines, and analytics-driven performance measurement.

How AI and Data Are Reshaping MBA Careers?

  • Curriculum Integration
    In your MBA program, you'll study digital components like fintech and blockchain in finance, and MarTech platforms in marketing. For example, you'll understand how blockchain impacts finance or how customer analytics influences marketing decisions, preparing you for business environments that rely on technology.
  • Emerging Roles with Hybrid Skill Sets
    As an MBA graduate, you'll be ready for roles like Tech Product Manager, AI Strategy Consultant, or Business Intelligence Lead. These positions require a mix of business knowledge and technical skills. This includes understanding data tools and product cycles, for example, in overseeing AI-based product development.
  • Strategic Collaboration with Tech Teams
    In your career, you’ll collaborate with tech teams, turning business goals into technical solutions. For instance, you might work with developers to build a customer-facing app based on market research and insights.
  • Marketing and Operations Reinvented
    In marketing, you'll use data dashboards and CRM platforms to optimize campaigns, while in operations, you’ll apply predictive algorithms to streamline processes. For example, you might use AI to target specific customer segments or implement analytics to improve supply chain efficiency.
  • Data-Driven Leadership
    Leadership today requires making decisions based on data. You’ll use real-time data to guide strategy, such as adjusting a marketing campaign based on performance metrics to achieve better results.

As AI reshapes MBA roles, it's equally important to explore how an MBA can significantly accelerate your career growth.

Why an MBA is a Game-Changer for Career Growth?

Pursuing a Master of Business Administration (MBA) in India can lead to substantial career advancements. According to the National Institutional Ranking Framework (NIRF) 2024, MBA graduates in India typically earn between ₹6 and ₹23 lakh per annum, depending on factors such as the institution attended, specialization, and individual experience.

An MBA builds leadership skills, broadens your business toolkit, and expands your network, helping you switch roles, go global, or move up faster. Many graduates achieve management positions within two to three years, with a return on investment often realized within three to five years.​

How an MBA Translates Into Career Growth:

  • Accelerated Promotions
    Employers recognize the strategic and leadership skills conferred by an MBA, often leading to faster career progression. For instance, in consulting roles, the promotion cycle is typically around two to three years for entry-level positions.​
  • Higher Salary Potential
    Post-MBA salaries in India can be significantly higher than pre-MBA earnings. For example, MBA graduates in Marketing Management have reported starting annual salary packages ranging from ₹2.6–4.8 L. ​
  • Career Transitions Made Possible
    An MBA provides the knowledge and credentials to shift into new industries or roles. Graduates often transition from technical positions to managerial roles in fields like finance, marketing, or operations.​
  • Global Opportunities
    MBA programs often include international exposure through exchange programs and global case studies, preparing graduates for roles in multinational companies and diverse cultural settings.​

Also Read: 8 Ways an MBA Degree Helps Your Personal Growth

Now that you understand the career impact of an MBA, the next step is choosing the right specialization to match your goals.

How to Find the Right MBA Specialization for Your Career Goals?

Your MBA specialization shapes both the direction and speed of your career growth. Choosing the right one means aligning your strengths with industry trends, salary potential, and long-term goals. In this section, we break down top MBA specializations and show how each maps to specific roles, sectors, and growth opportunities.

In this section, we break down the best  MBA specializations and show how each aligns with specific roles, industries, and growth opportunities.

Key Factors to Consider When Choosing an MBA:

  • Personal Interests: Choose a field that genuinely aligns with your strengths and curiosity.
  • Industry Demand: Look at sectors projected to grow, such as tech, finance, and analytics.
  • Salary Outlook: Consider the earning potential across roles in each specialization.
  • Long-Term Fit: Think about how the field aligns with your 5–10 year career vision.

Here’s a quick comparison of the best MBA specializations to help you assess which path best aligns with your career goals and market potential:

Specialization

Common Roles

High-Growth Industries

Average Salary Range*

Finance Investment Analyst, Risk Manager Banking, Fintech, Insurance ₹3–8 L
Marketing Brand Manager, Digital Marketing Lead FMCG, E-commerce, Tech ₹2.6–4.8 L
Business Analytics Data Analyst, Strategy Manager Tech, Consulting, Retail ₹13.3–14.6 L
Operations Supply Chain Manager, Project Lead Manufacturing, E-commerce ₹3–10 L
Human Resources HRBP, Talent Acquisition Lead IT, BFSI, Startups ₹2.1–4.8 L

Source: Glassdoor

*Salary estimates vary by institution and experience.

Emerging Trends Shaping Each Specialization

  • Finance: Rise of fintech, ESG investing, blockchain-enabled financial operations, and algorithmic trading.
  • Marketing: Shift toward influencer ecosystems, AI-powered targeting, performance marketing, and customer experience analytics.
  • Business Analytics: Growing use of machine learning, predictive models, and real-time business intelligence across functions.
  • Operations: Supply chain digitization, automation, sustainable sourcing, and crisis-preparedness becoming central.
  • Human Resources: Adoption of HR tech platforms, remote-first policies, diversity and inclusion (DEI) frameworks, and AI in recruitment.

Let’s start with one of the most sought-after and rewarding tracks, finance.

1. MBA in Finance

An MBA in Finance focuses on areas like corporate finance, investment analysis, risk management, financial markets, and mergers and acquisitions. This specialization builds a solid foundation in managing money, analyzing financial performance, and making strategic investment decisions.

Finance graduates are in high demand across industries such as banking, fintech, consulting, private equity, and insurance. As digital transformation reshapes financial services, roles now demand fluency in tools like Excel modeling, AI-based forecasting, and blockchain basics.

What You’ll Learn:

  • Corporate finance and budgeting
  • Investment strategies and asset management
  • Financial statement analysis
  • Risk and portfolio management
  • Fintech applications and data analytics in finance

Here’s a snapshot of high-growth finance careers and their average salary potential in India:

Role

Industry

Average Annual Salary

Investment Banker Banking, Private Equity ₹5–18.5 L
Financial Analyst Consulting, Corporates, Startups ₹3–8 L
Risk Manager Insurance, Banking ₹22.2–23.8 L
Corporate Finance Lead FMCG, Tech, Manufacturing ₹7–21.3 L
CFO (long-term role) Any industry ₹16.5–70 L

Source: Glassdoor

Also Read: Why MBA in Finance: Top 10 Reasons To Do in 2025

If Finance is about numbers and strategy, Marketing is where data meets creativity to shape consumer decisions.

2. MBA in Marketing

An MBA in Marketing dives into understanding consumer behavior, brand strategy, digital campaigns, market research, and sales management. It’s ideal for professionals who are both creative and analytical; those who enjoy storytelling backed by data.

This specialization prepares you to lead product launches, manage brand positioning, and drive growth in competitive markets. It’s highly relevant in industries like FMCG, tech, e-commerce, media, and retail, where customer experience and brand loyalty directly impact business performance.

What You’ll Learn:

  • Consumer psychology and buyer behavior
  • Branding, positioning, and market segmentation
  • Digital marketing and performance analytics
  • Integrated marketing communications
  • Social media, SEO/SEM, and influencer strategy

Here’s a look at key marketing careers and their typical earning potential in India:

Role

Industry

Average Annual Salary

Brand Manager FMCG, Retail, Lifestyle ₹7–21 L
Digital Marketing Manager E-commerce, Tech, Agencies ₹5–12 L
Marketing Analyst Research Firms, Startups ₹5–6 L
Product Marketing Manager SaaS, IT, B2B Tech ₹10–20 L
Marketing Director Any sector (senior role) ₹18.9–55 L

Source: Glassdoor

Also Read: Why MBA in Marketing? Scope, Skills, Opportunities, Salary

While marketing taps into insights to shape perception, business analytics turns data into precise, strategic decisions across every industry.

3. MBA in Business Analytics

An MBA in Business Analytics bridges the gap between data science and business strategy. It trains professionals to collect, interpret, and apply data to solve business problems, optimize operations, and predict future trends. This specialization is perfect for those who are detail-oriented, analytical, and eager to work at the intersection of technology and strategy.

Its relevance spans sectors like finance, retail, healthcare, logistics, and tech — where data-driven decisions can directly improve performance, reduce risk, and uncover new opportunities. As organizations invest heavily in big data, machine learning, and AI, demand for analytics-savvy leaders is only increasing.

What You’ll Learn:

Here’s a quick look at high-demand roles in Business Analytics and their earning potential in India:

Role

Industry

Average Annual Salary

Business Intelligence Analyst E-commerce, Finance, IT ₹5–11.1 L
Data Strategist Consulting, Tech, Healthcare ₹3–22.5 L
Analytics Manager Retail, Telecom, Logistics ₹12–26 L
Data Product Manager SaaS, Startups, Tech Firms ₹20–30 L
AI/ML Consultant Tech, R&D, BFSI ₹5–13.1 L

Source: Glassdoor

Also Read: Career Options After an MBA in Business Analytics in 2025

While analytics powers decision-making, operations and supply chain keep those decisions moving efficiently across systems, products, and borders.

4. MBA in Operations & Supply Chain Management

This specialization focuses on designing, managing, and improving processes involved in production, logistics, procurement, and distribution. It equips professionals to streamline systems, reduce costs, and ensure products and services are delivered on time and at scale.

Global demand for skilled operations managers has surged with the rise of e-commerce, advanced manufacturing, and global supply chains. Companies now seek leaders who can balance efficiency with resilience, especially in the face of disruptions like pandemics, trade shifts, or geopolitical risks.

What You’ll Learn:

  • Supply chain design and optimization
  • Operations strategy and process improvement
  • Inventory and quality management
  • Vendor management and procurement
  • Sustainable and tech-driven logistics

Here’s a snapshot of top roles in operations and supply chain, along with typical salary ranges in India:

Role

Industry

Average Annual Salary

Supply Chain Manager Manufacturing, E-commerce ₹3–9 L
Operations Manager Retail, Logistics, FMCG ₹6–12.6 L
Procurement Manager Automotive, Pharma, Tech ₹8–17 L
Logistics Lead Warehousing, Transport ₹2.8–10 L
Operations Director Any large-scale enterprise ₹15–42 L

Source: Glassdoor, Ambitionbox

Also Read: Why MBA in Operations? Scope, Benefits & Career Path

Thinking about an MBA in Operations & Supply Chain Management? Start with the free Introduction to Supply Chain Management by upGrad to grasp the fundamentals and practical applications!

Behind every efficient operation is a well-managed workforce. That’s where HR leadership becomes essential.

5. MBA in Human Resource Management (HRM)

An MBA in HRM prepares professionals to manage talent, shape workplace culture, and align people strategies with business goals. The curriculum focuses on people management, talent acquisition, performance evaluation, labor laws, and organizational behavior.

HR is no longer limited to administrative functions. It plays a strategic role in building engagement, driving inclusion, and supporting leadership development. As businesses adapt to hybrid models and employee experience becomes a competitive edge, skilled HR professionals are more vital than ever.

What You’ll Learn:

  • Talent sourcing and employer branding
  • Organizational development and change management
  • Labor law, compensation, and compliance
  • HR analytics and workforce planning
  • Building inclusive and high-performance cultures

Below is an overview of key HR roles and their average salary range in India:

Role

Industry

Average Annual Salary

Talent Acquisition Lead IT, BFSI, Startups ₹7–15 L
HR Business Partner (HRBP) FMCG, Manufacturing, Tech ₹7–18 L
Learning & Development Head Education, Corporates ₹25.2–26.8 L
Talent Strategist Consulting, E-commerce ₹22.1–23.6 L
HR Director Any mid to large enterprise ₹13.5–50 L

Source: Glassdoor

Also Read: Scope of MBA in HR: Job Roles, Skills, Top Companies & Future

While HR focuses on nurturing talent within organizations, entrepreneurship is about building something from the ground up.

6. MBA in Entrepreneurship

An MBA in Entrepreneurship is designed for those who want to create, scale, or consult for new ventures. It covers startup development, venture capital, product-market fit, innovation strategy, and go-to-market execution. This path is ideal for aspiring founders, business innovation consultants, or intrapreneurs driving change within larger organizations.

With the rise of startup ecosystems, government-backed incubators, and investor interest in early-stage innovation, this specialization blends creative problem-solving with practical business skills. It also prepares you for the risks and rewards that come with launching and sustaining a venture.

What You’ll Learn:

  • Business model design and lean startup methodology
  • Pitching to investors and venture capital basics
  • Go-to-market and growth hacking strategies
  • Startup finance and unit economics
  • Legal frameworks, IP, and founder equity structures

Here's a snapshot of common roles in entrepreneurship and related fields, along with potential salary ranges in India:

Role

Industry

Average Annual Salary

Startup Founder Tech, Consumer, Social Impact ₹6–24 L
Varies widely*
Business Development Manager B2B, SaaS, Consulting ₹5–10 L
Innovation Consultant Incubators, MNCs, Think Tanks ₹6–12.8 L
Venture Analyst VC Firms, Investment Networks ₹2–11 L
Product Strategist Startups, Accelerators ₹5–11.5 L

Source: Glassdoor, Ambitionbox

*Founders’ income varies significantly and often includes equity. Other roles depend on sector, stage, and funding.

Also Read: 6 Reasons Why Entrepreneurs Need an MBA: How Does It Help?

Planning an MBA in Entrepreneurship? Start with the free Introduction to Entrepreneurship by upGrad to build your foundation and mindset!

While entrepreneurship drives new ventures, Information Technology ensures those ventures are scalable, secure, and digitally enabled.

7. MBA in Information Technology (IT)

An MBA in IT blends technical understanding with business leadership, preparing professionals to manage digital systems, oversee tech projects, and align IT initiatives with strategic goals. It’s ideal for those looking to close the gap between tech teams and executive leadership.

This specialization is particularly relevant in sectors like SaaS, telecom, e-commerce, and enterprise IT, where tech infrastructure directly impacts business performance. As companies invest in digital transformation, cloud computing, and cybersecurity, demand for tech-empowered business leaders continues to rise.

What You’ll Learn:

  • IT strategy and enterprise architecture
  • Tech project management and agile frameworks
  • Cloud systems, cybersecurity, and IT governance
  • Digital product development and lifecycle management
  • Business-IT alignment and innovation management

Here’s a quick view of in-demand IT leadership roles and their earning potential in India:

Role

Industry

Average Annual Salary

IT Project Manager BFSI, Consulting, Tech Services ₹10–20 L
Product Manager (Tech) SaaS, Startups, IT Firms ₹15–30 L
CTO (long-term role) Tech, Fintech, Startups ₹14.8–50 L
Cloud Solutions Manager Telecom, Enterprise IT ₹25–30 L
Cybersecurity Lead Banking, Government, MNCs ₹9–28.3 L

Source: Glassdoor

Also Read: 4 Significant Ways an MBA Helps Your IT Career

While IT focuses on driving digital systems, International Business prepares you to manage strategy and operations across global markets.

8. MBA in International Business

An MBA in International Business focuses on global trade, international finance, cross-border strategy, and managing culturally diverse teams. It equips professionals to work with multinational companies, export-oriented businesses, or global consulting firms.

This specialization is ideal for those aiming for roles in international strategy, foreign market entry, or global supply chain management. As companies expand across borders, demand for professionals who understand international regulations, cultural nuances, and geopolitical dynamics continues to grow.

What You’ll Learn:

  • Global market entry and expansion strategies
  • International trade laws and regulatory frameworks
  • Cross-cultural communication and leadership
  • Foreign exchange and global finance
  • Global supply chain and operations management

Here’s an overview of career options in international business and their typical salaries in India:

Role

Industry

Average Annual Salary

Global Business Manager MNCs, Export Firms, Consulting ₹13–25 L
Export Manager Manufacturing, Logistics ₹5–12 L
International Marketing Lead FMCG, Apparel, Tech ₹6–15 L
Global Trade Analyst Policy Think Tanks, Trade Bureaus ₹3.3–11 L
International Strategy Consultant Advisory, MNCs ₹12–27 L

Source: Glassdoor

Now that you've explored the best MBA specializations in depth, here’s how they compare on starting salaries, high-paying roles, and industry demand.

Average Salary Trends by MBA Specialization

This table gives you a quick side-by-side view of average starting salaries, top-paying roles, and the industries actively hiring for each MBA specialization in India. It’s a practical snapshot to help you align your interest with market potential.

MBA Specialization

Avg Starting Salary 

Common High-Paying Role

Top Hiring Industry

Finance ₹7–18 L Investment Banker Banking, Fintech, Consulting
Marketing ₹6–15 L Brand Manager FMCG, E-commerce, Media
Business Analytics ₹8–20 L Analytics Manager Tech, Retail, Healthcare
Operations & Supply Chain ₹6–14 L Supply Chain Manager E-commerce, Manufacturing
Human Resource Management ₹7–18 L HR Business Partner (HRBP) IT, FMCG, Startups
Entrepreneurship ₹6–12 L (varies) Business Development Manager Startups, B2B SaaS, Incubators
Information Technology ₹10–20 L IT Project Manager SaaS, Telecom, Enterprise IT
International Business ₹7–16 L Global Business Manager MNCs, Export, Strategy Consulting

*Salary ranges are based on data from Glassdoor, AmbitionBox, and industry hiring reports. Roles like Founder or Director-level may exceed these brackets depending on experience and equity.

Also Read: List of MBA Specializations: Which One Should You Do?

Once you've chosen your specialization and understood the earning potential, the next step is knowing where your MBA can actually take you.

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MBA Career Paths: What You Can Do and How to Grow?

An MBA prepares you for career growth at every stage, from first industry roles to leadership and entrepreneurship. Whether you’re targeting consulting, finance, tech, or starting your own venture, progression typically follows clear phases shaped by your specialization, industry, and experience. 

This section outlines common career paths after an MBA, how growth usually unfolds, and the different directions professionals can take.

What Career Growth Looks Like After an MBA:

  1. Early Career (0 to 3 years post-MBA)
    Roles include Analyst, Associate Consultant, Product Manager, or Management Trainee.
    The focus is on applying MBA concepts, understanding business units, and building credibility in applied business settings.
  2. Mid-Level (3 to 7 years post-MBA)
    Roles such as Senior Manager, Project Lead, or Strategy Consultant.
    Involves managing teams, leading cross-functional projects, and delivering measurable business outcomes.
  3. Senior Leadership (8 to 15 years or more)
    Roles include Director, VP, or Business Unit Head.
    You set business strategy, manage large-scale operations, and contribute directly to revenue and growth.
  4. C-suite and Entrepreneurship
    Positions like CEO, CMO, CFO or Startup Founder.
    These roles demand deep expertise, vision, and the ability to lead organizations or build one from scratch.
  5. Lateral Shifts and Industry Pivots
    Many MBA professionals use the degree to make strategic shifts. For example, from tech to consulting or from operations to product.
    These transitions are often supported by electives, internships, and alumni networks.

Let’s start with the first step of your post-MBA journey; the entry-level roles that help you build a strong foundation.

Entry-Level Jobs in MBA Salary Trends

Right after completing your MBA, you'll typically begin in roles that allow you to apply your business knowledge, understand industry dynamics, and develop core functional expertise. These positions are crucial stepping stones, offering exposure to practical challenges, cross-functional teams, and leadership potential early in your career.

Below is a snapshot of common entry-level roles for MBA graduates, along with experience expectations and average salary insights:

Experience Level

Job Role

Average Annual Salary 

0–1 years Business Analyst ₹5–9 L
0–1 years Management Trainee ₹5–9 L
0–1 years Financial Analyst ₹3–7 L
0–1 years Marketing Executive ₹1.8–3 L

Source: Glassdoor

After gaining a few years of experience, MBA professionals often move into mid-level roles with greater responsibility and cross-functional impact.

Mid-Level Jobs in MBA Salary Trends

Mid-level roles are where MBA graduates begin managing teams, leading projects, and influencing business outcomes. These positions demand a mix of strategic thinking, execution ability, and deep understanding of your functional area. By this stage, professionals are expected to deliver results, manage stakeholders, and contribute directly to growth or transformation efforts.

Here’s a quick overview of high-impact mid-level roles and their typical salary range in India:

Experience Level

Job Role

Average Annual Salary 

4–6 years Product Manager ₹12–25 L
4–6 years Operations Manager ₹5–12 L
4–6 years Strategy Consultant ₹12.5–28 L
4–6 years HR Business Partner ₹7–18.3 L

Source: Glassdoor

With a solid track record and expertise, many MBA professionals advance into senior roles that shape strategy and lead entire organizations.

Senior-Level Jobs in MBA Salary Trends

Senior-level roles are the culmination of years of leadership, performance, and strategic decision-making. These positions come with high visibility, broader business accountability, and the power to influence company direction. Whether in a corporate boardroom or a fast-scaling startup, senior leaders are expected to drive growth, manage risk, and lead large teams through complexity.

Below is a breakdown of senior roles typically held by experienced MBA professionals and their average salary range in India:

Experience Level

Job Role

Average Annual Salary 

10–14 years Chief Marketing Officer (CMO) ₹14–50 L
10–14 years Chief Financial Officer (CFO) ₹18.3–60 L
15+ years Chief Executive Officer (CEO) ₹12.1 L–1 Cr
15+ years VP of Strategy & Operations ₹14.3 L–1 Cr

Source: Glassdoor, Ambitionbox

Not every MBA path leads to the corporate ladder; some professionals carve their own through freelancing or entrepreneurship.

Freelancing & Entrepreneurship with an MBA

An MBA doesn’t just prepare you for corporate roles; it also equips you to build, consult, and lead independently. Many graduates leverage their expertise to start consulting firms, become executive coaches, or launch niche businesses. Whether you're aiming for more autonomy, flexibility, or purpose-driven work, the MBA can be a powerful foundation for self-employment.

How MBAs Are Succeeding Outside Traditional Roles?

  • Starting a Consulting Business
    MBAs with in depth knowledge in finance, HR, strategy, or operations often launch consulting practices.
    Industries that commonly hire freelance consultants include healthcare, education, logistics, and tech.
    Getting started involves building a niche, creating case studies, networking actively, and setting up lean operations.
  • Becoming a Business Coach
    Many MBAs turn their experience into high-value coaching services for executives, startups, or mid-career professionals.
    Certifications (e.g., ICF, EMCC) and niche clarity are key to credibility.
    Strong demand exists in leadership development, performance coaching, and founder coaching.
  • Corporate Leadership vs. Self-Employment
    Corporate roles offer structure, benefits, and defined paths.
    Self-employment brings flexibility, creative control, and uncapped income—but with more risk and uncertainty.

Here’s a side-by-side comparison to help you evaluate these paths:

Path

Typical Clients/Markets

Income Potential (₹ L)

What to Expect?

Consulting Business SMEs, Startups, Corporates ₹22.6 L High demand and scalability, but needs a strong network and consistent lead generation.
Business/Executive Coaching Mid-level managers, founders ₹27.6 L Flexible and purpose-driven, though slower to build trust and client base.
Leadership Strategiies Large enterprises, MNCs ₹30–80 L Offers structured growth and stability, but with less autonomy and longer timelines.

Source: 6figr

*Income varies by specialization, experience, and market reputation.

MBA Freelancing vs. Full-Time Salary Trends

For MBA professionals exploring freelance work, it's important to understand how earnings compare to full-time roles. While freelance rates can often exceed hourly equivalents of salaried positions, they also come with less predictability and added responsibility. Here’s a comparative look to help you weigh the options:

Job Title / Role

Full-Time Avg Salary 

Freelance Rate (Hourly / Project)

Flexibility Score (1–5)

Strategy Consultant ₹12–27 L ₹2,500–₹7,000 per hour 4.5
Marketing Consultant ₹5–11 L ₹1,500–₹5,000 per hour 4
Financial Advisor / Analyst ₹3–8 L ₹2,000–₹6,000 per hour 3.5
HR Consultant / Coach ₹3–8 L ₹1,200–₹4,000 per hour 4
Product Management Advisor ₹19.2–38 L ₹3,000–₹8,000 per hour 3.5

Source: Glassdoor, Flexingit

*Freelancing rates can vary significantly depending on geography, specialization, experience level, and client type. Urban hubs and global clients typically offer higher rates, while niche expertise can command premium pricing.

While entrepreneurship offers autonomy and flexibility, understanding global MBA salary trends is crucial for informed career decisions.

Understanding MBA Salaries Trends Worldwide

Pursuing an MBA is a significant investment, often driven by the promise of enhanced career opportunities and increased earning potential. Compensation for MBA graduates not only starts at a higher baseline but also tends to accelerate more rapidly with experience and role advancement. Key factors influencing salary scales include:​

  • Geographic Location: Economic conditions and demand for MBA skills vary by region.​
  • Industry Sector: Sectors like finance and consulting often offer higher salaries
  • Specialization: Focus areas such as technology or healthcare can influence pay.​
  • Experience Level: Salaries typically increase with years of professional experience.​

The table below compares average MBA salaries across countries, along with cost of living insights and top cities for post-MBA careers.

Country

Average Base Salary 

Cost of Living 

Top Cities for MBA Graduates

USA $96K (₹79.68L) High living costs; healthcare and education expenses are considerable. New York, San Francisco, Chicago
UK $88K (₹73.04L) High living expenses, especially in London; shorter MBA programs reduce overall costs. London, Manchester, Edinburgh
Canada $86K (₹71.38L) Moderate living costs; favorable post-study work visa policies. Toronto, Vancouver, Montreal
Germany $82K (₹68.06L) Affordable education with low or no tuition fees; reasonable living costs. Berlin, Munich, Frankfurt

Source: LinkedIn 

Note: Salaries are approximate and can vary based on institution reputation, individual experience, and prevailing economic conditions. The INR conversion is based on current exchange rates and is subject to change.

Understanding the top companies hiring MBA graduates in 2025 sets the stage for identifying the key skills required to thrive in these roles.

Key Skills to Succeed With an MBA in 2025

Did you know? According to the World Economic Forum, critical thinking and problem-solving top the list of skills that employers believe will grow in prominence in the next five years.

Work is changing fast. Technology, remote collaboration, and global shifts are redefining how businesses operate and who they hire. MBA graduates are now expected to do more than manage; they’re expected to lead change, adapt quickly, and make decisions with both speed and insight.

In 2025, success depends on more than mastering business theory. You need a combination of sharp thinking, digital fluency, and strong people skills. This section highlights the most in-demand technical, strategic, and soft skills shaping MBA careers now and in the years ahead.

1. Strategic & Leadership Skills

  • Decision-Making Under Uncertainty: The ability to make informed decisions amidst ambiguity is crucial for leaders working through complex business environments.
  • Change Management: Effectively leading organizations through transitions requires skills in managing resistance and implementing strategic initiatives.​
  • Cross-Functional Leadership: Collaborating across various departments enhances organizational cohesion and drives comprehensive solutions.​
  • Visionary Thinking: Anticipating future trends and aligning organizational strategies accordingly positions businesses for long-term success.​

2. Digital & Analytical Skills

  • Data Literacy and Storytelling: Interpreting complex data and communicating insights effectively using tools like Tableau and Power BI is vital for informed decision-making.​
  • AI and Automation Awareness: Understanding the implications of artificial intelligence and automation technologies enables professionals to use these tools strategically.​
  • Business Analytics: Applying analytical methods to assess business performance and inform strategic decisions is a key competency for MBA graduates.​
  • Tech Adoption Mindset: Embracing and integrating new technologies into business processes builds innovation and maintains competitive advantage.​

3. Soft Skills & Emotional Intelligence

  • Communication Across Cultures: Effectively conveying ideas and understanding diverse perspectives is essential in a globalized business environment.​
  • Conflict Resolution: Addressing and resolving disagreements constructively maintains team harmony and productivity.​
  • Emotional Intelligence (EQ): Recognizing and managing one's emotions, as well as empathizing with others, enhances leadership effectiveness.​
  • Networking and Collaboration: Building and maintaining professional relationships opens new opportunities and strengthens team success through shared insights and support.

Also Read: Top 30 Skills For MBA Students: Tech, Soft, Business Skills, and More

Building future-ready skills starts with learning; but staying relevant requires continuous upskilling beyond the MBA.

Top MBA Certifications & Courses for Career Growth in 2025

An MBA gives you the foundation, but it’s not the finish line. In 2025, employers expect professionals to stay current with evolving tools, technologies, and market dynamics. 

Certifications and short-term courses offer a focused way to deepen expertise, stay sharp, and gain a competitive edge. From digital marketing to data analytics to leadership development, the right credentials can help you pivot, specialize, or level up.

To help you compare your options quickly, here’s a snapshot of top MBA certifications and professional programs based on career focus, duration, and cost:

Certification/Course Name and Provider

Best For

Duration

Average Cost

MBA from UGNXT (Woolf, Europe) Global business, AI, fintech 15 months ₹1.75 L
MBA in Business & Law – O.P. Jindal Global University Corporate governance, legal consulting 12 months ₹1.8  L
1-Year MBA – O.P. Jindal Global University Finance, Strategy, Digital 12 months ₹1.8 L
MBA from Edgewood College (US Master’s Degree) US MBA online, business leadership 14 months ₹3.56 L
MBA from Golden Gate University (GGU), San Francisco US industry-focused MBA 15 months ₹3.5 L
MBA from Liverpool Business School (IMT Pathway) Affordable global MBA 18 months ₹4.85 L
MBA from Paris School of Business (PSB) Global exposure, fast-track 12 months ₹12.5 L
Master of Education (M.Ed.) from Edgewood College Educational leadership, tech 14 months ₹4.8  L
DBA & MBA from Edgewood College Dual degree, research & leadership 30 months ₹12–14 L
Post Graduate Diploma in Management (BIMTECH) Dual specialization PGDM 2 years ₹10 L
CFA (CFA Institute) Finance professionals targeting roles in investment and equity research 2 years ₹29K (enrollment) + ₹82K –₹1.07L (exam)
PMP (PMI) Project leads managing complex, cross-functional initiatives 2–6 months ₹47K
Digital Marketing Certifications (Google, HubSpot) Marketers aiming to upskill in SEO, analytics, and campaign execution 1–3 months HubSpot: Free, Google: ₹4K
Data Science for Business (Harvard, MIT) Business leaders applying analytics for strategic decision-making Havard: 4 weeks
MiT: 12 weeks
Harvard: ₹1.32L, MIT: ₹6.26L–₹66.4L
Six Sigma & Lean Management Operations professionals improving quality, process, and efficiency 1–6 months

White: Free, Yellow: ₹20K
Green: ₹29K

Black: ₹37K

Let’s break down each course by format, specialization, and career outcomes. Use it to compare programs effectively.

1. MBA from UGNXT (Woolf, Europe)

Best for: Professionals seeking an internationally recognized MBA with global mobility.

  • Offers 100% European ECTS Credits, recognized in 40+ countries.
  • Dual certification: MBA + Specialization Certificate.
  • Includes Harvard Case Studies and Capstone Projects for practical application.
  • Flexible format with weekend live classes and self-paced content.
  • Career Benefit: Ideal for roles in AI-driven industries, fintech, and international business leadership.

2. MBA in Business & Law – O.P. Jindal Global University

Best for: Professionals integrating business strategy with legal expertise.

  • Covers corporate law, governance, international business law, and ethics.
  • AACSB-accredited and ranked globally (#1001–1200 QS Global Rankings).
  • Offers experiential learning via simulations and live projects.
  • Career Benefit: Suitable for careers in corporate governance, legal advisory, and regulatory compliance.

3. 1-Year MBA – O.P. Jindal Global University

Best for: Professionals looking for an accelerated, specialization-driven MBA.

  • Specializations include Finance, Marketing, HR, Strategy, AI, Digital Finance, and Supply Chain.
  • Includes micro-certifications in high-demand areas like product management and risk analytics.
  • Designed with industry-led leadership training and career coaching.
  • Career Benefit: Tailored for fast-track career transitions into high-growth sectors.

4. MBA from Edgewood College (US Master’s Degree)

Best for: Professionals seeking a flexible, US-accredited MBA online.

  • Accredited by HLC and ACBSP, WES-recognized as a U.S. master's degree.
  • Specializations: Healthcare, Research, Business Analytics, Accounting, Organizational Leadership.
  • Online format with strong career support.
  • Career Benefit: Average salary increase of 57% post-graduation; ideal for international mobility.

5. MBA from Golden Gate University (GGU), San Francisco

Best for: Working professionals seeking a flexible US MBA with practical exposure.

  • Accredited by WSCUC and a member of AACSB.
  • Includes Harvard Business Review Case Studies and PwC Certification.
  • Offers optional 5-day immersion in San Francisco.
  • Career Benefit: Strong U.S. faculty access and industry networking for roles in leadership, finance, and analytics.

 6. MBA from Liverpool Business School (IMT Pathway)

Best for: Professionals looking for an affordable, flexible MBA with global exposure.

  • Dual certification (MBA + PG Certificate).
  • Includes Harvard Case Studies and research projects.
  • Specializations across emerging fields like Digital Finance, Marketing, and Strategy.
  • Optional 6-day UK business immersion.
  • Career Benefit: 40% average salary hike post-MBA; placements in companies like Deloitte and ABB.

 7. MBA from Paris School of Business (PSB)

Best for: Professionals seeking a fast-track, globally recognized MBA with in-person global exposure.

  • Triple accredited (AMBA, AACSB, EFMD)—top 2% of global business schools.
  • Includes a 1-week Paris immersion.
  • Practical training via case studies and capstone projects.
  • Career Benefit: Access to 18,000+ alumni network for mentorship and international job opportunities.

8. Master of Education (M.Ed.) – Edgewood College

Best for: Educators and learning designers integrating tech into education.

  • HLC-accredited M.Ed. with advanced learning tools and AI sandbox.
  • 70% scholarships available for 350 students.
  • Offers 15 credits waived toward a Doctorate (Ed.D.).
  • Career Benefit: Ideal for leadership roles in edtech, academic design, and curriculum innovation.

9. DBA & MBA Dual Program – Edgewood College

Best for: Senior professionals seeking advanced leadership and research credentials.

  • Dual certification in MBA and Doctorate (DBA).
  • Specializations: Finance, Healthcare, Marketing, Technology & AI, Leadership.
  • Includes AI-powered learning support and research development tools.
  • Career Benefit: Suitable for business researchers, CXOs, and founder-led ventures; 57% average salary increase.

10. PGDM – BIMTECH

Best for: Professionals seeking a high-quality PGDM with dual specialization options.

  • AICTE Category 1 autonomy; one of only two Indian B-schools with this grade.
  • Dual specializations available across Marketing, Finance, Analytics, IT, and Operations.
  • Accredited by AACSB and offers live & recorded faculty sessions.
  • Career Benefit: Includes 360° career support: resume help, mock interviews, and skill training.

11. CFA (Chartered Financial Analyst)

Best for: Finance professionals aiming to deepen expertise in investment, equity research, and portfolio management.

  • Globally recognized credential by the CFA Institute.
  • Covers ethics, financial reporting, economics, equity, fixed income, derivatives, and portfolio management across three levels.
  • Highly rigorous and requires strong quantitative and analytical skills.
  • Career Benefit: Preferred for roles in investment banking, asset management, equity research, and financial strategy.

12. PMP (Project Management Professional)

Best for: Mid to senior-level professionals managing cross-functional or technical projects.

  • Offered by PMI (Project Management Institute); globally accepted gold standard in project management.
  • Covers project lifecycle, risk management, stakeholder engagement, and agile practices.
  • Requires documented project experience and formal training.
  • Career Benefit: Valuable for roles like Project Manager, Program Lead, and Delivery Head across IT, operations, and consulting.

13. Digital Marketing Certifications (Google, HubSpot)

Best for: Marketing professionals looking to master performance marketing, SEO, and digital campaigns.

  • Offered by platforms like Google (Digital Garage, Ads), HubSpot, Meta, and SEMrush.
  • Covers content marketing, SEO, paid media, analytics, and marketing automation.
  • Short, flexible online modules with industry-recognized credentials.
  • Career Benefit: Relevant for roles like Digital Marketing Manager, Growth Marketer, and Performance Analyst.

14. Data Science for Business (Harvard, MIT, etc.)

Best for: MBA professionals seeking to apply data-driven thinking to strategic and operational decisions.

  • Programs offered via edX, Harvard Online, and MITx.
  • Topics include data wrangling, business intelligence, machine learning basics, and predictive analytics.
  • Designed for non-coders with business backgrounds.
  • Career Benefit: Opens doors to roles in business analytics, data strategy, and tech product management.

15. Six Sigma & Lean Management

Best for: Professionals in operations, supply chain, or quality control roles aiming to optimize processes.

  • Certifications available at multiple levels (Yellow Belt, Green Belt, Black Belt).
  • Focuses on reducing waste, improving quality, and streamlining workflows using statistical tools.
  • Often integrated with Lean principles for efficiency.
  • Career Benefit: Relevant for roles like Process Improvement Lead, Operations Manager, and Quality Analyst in manufacturing and services.

Also Read: Most Demanding Short Term Courses After MBA in 2025

Now that you’ve explored the top certifications and courses to enhance your credentials, it’s time to map out the full journey to success.

MBA Career Roadmap: A Step-by-Step Guide

Earning an MBA is just the beginning. What defines your success is how you apply your learning, build connections, and position yourself for growth. Students who take on strategic internships, pursue relevant certifications, or actively network often land faster promotions or pivot into high-demand industries.

This section breaks the MBA-to-career path into actionable, strategic steps. From selecting the right program to building your network and landing top-tier roles, this roadmap offers practical direction and clarity.

1. Choosing the Right MBA Program

  1. Full-Time MBA
    Why: Best for those early in their careers or aiming to make a full transition.
    Offers immersive learning, internship access, and campus placements.
    Example: A software developer moving into strategy consulting might use a full-time MBA to build a network and gain internship experience.
    Tip: Prioritize schools with a strong record of placing graduates in your target roles.
  2. Online MBA
    Why: Ideal if you want to continue working while studying.
    Delivered through flexible lectures and live weekend sessions.
    Example: A mid-career marketing professional may study analytics without quitting their job.
    Tip: Choose programs with placement support and global networking options.
  3. Executive MBA (EMBA)
    Why: Designed for professionals with 8 to 12 years of experience who are preparing for senior roles.
    Combines leadership-focused modules, case-based learning, and peer discussions with experienced managers.
    Example: A senior operations manager pursuing an EMBA to move into a director-level role.
     Tip: Use your peer group to create job leads or explore board positions.

2. Internships & Industry Projects: Gaining Hands-On Experience

Professional experience is where classroom learning is put to the test.

  • Why: Internships and projects help you build practical skills, strengthen your resume, and grow your network.
  • These roles show that you can solve real problems, work in teams, and drive measurable outcomes.
  • Example: A finance MBA student helps a fintech startup build financial models. That becomes a highlight in interviews.
  • Tips:
    • Choose companies that align with your career goals.
    • Don’t wait for campus drives; reach out to alumni and hiring managers directly.
    • Seek roles where you are accountable for outcomes, not just observing.
    • Record your impact with numbers. For example: “Cut report turnaround time by 25% by automating manual processes.”

3. Networking & Building Industry Connections

The best MBA jobs rarely come from job portals—they come from conversations.

  • Why: Referrals can shorten your job search, open better roles, and lead to long-term partnerships.
  • Building genuine connections gives you access to hidden opportunities.
  • Example: A student connects with a product leader at a SaaS event, stays in touch, and later gets a referral for a product role.
  • Tips:
    • Attend webinars, industry mixers, and guest lectures.
    • Post regularly on LinkedIn; share lessons, comment on trends, and tag speakers you learn from.
    • Offer help before asking for it. Show interest in others' work.
    • Follow up with intention: “Enjoyed our conversation on pricing strategy. If I can assist with your research on X, I’d love to contribute.”

4. Applying for High-Paying MBA Jobs

Having an MBA gives you options. How you present those options makes the difference.

  • Why: Hiring managers look beyond the degree. They want to know what you can do and how you fit.
  • Your resume and interviews must show ownership, clarity, and business impact.
  • Example: Instead of saying “Worked on a marketing project,” say “Led campaign strategy for product launch, increasing lead conversion by 35%.”

Tips for Job Applications:

  • Tailor each resume to the job. Highlight specific projects and outcomes that match the role.
  • Use numbers to show impact, don’t just list responsibilities.
  • Include coursework and capstone projects if they align with the position.

Tips for Interview Prep:

  • Practice business cases for consulting and strategy positions.
  • Use the STAR method (Situation, Task, Action, Result) for behavioral interviews.
  • Know your story: Why this school? Why this role? Why this company?
  • Prepare for assessments like Excel modeling, product breakdowns, or analytics tasks.

Now that you have a plan in place, it’s time to choose the right tools to execute it; starting with the best job platforms.

Best Platforms for MBA Job Hunting

Online platforms are no longer optional; they're essential. MBA job market 2025 searches now rely on smart use of digital tools that connect you with curated opportunities and real hiring teams. This section highlights the top job platforms and what each does best.

1. LinkedIn
Great for networking, job listings, and following industry trends.

  • Use "Easy Apply" to speed up the process.
  • Complete skill assessments to enhance profile visibility.
  • Use alumni filters to find and message graduates in your target companies.

2. Glassdoor
Ideal for researching company cultures, salary ranges, and reviews by real employees.

  • Explore interview experiences to prepare better.
  • Use company pages to evaluate team structure and employee feedback.

3. upGrad Careers
Tailored for learners enrolled in upGrad programs.

  • Offers placement partnerships with hiring firms.
  • Access resume templates, mock interviews, and mentorship sessions.

4. Indeed
High-volume job board covering a wide range of industries.

  • Upload your resume for better visibility.
  • Set custom alerts for relevant roles by title, location, or salary.

5. AngelList / Wellfound
Best for those seeking startup or early-stage tech roles.

  • Job posts show salary and equity details upfront.
  • Filter by remote roles, funding stage, and team size.

6. IIMJobs & HBR Ascend (India-focused)
Focused on mid-to-senior-level roles in India.

  • Sort listings by industry, function, or years of experience.
  • Use these for leadership positions, niche consulting roles, or sector-specific jobs.

Also Read: Career Options After MBA – Highest Paying Management Jobs

Even with the best tools and platforms for MBA job markets 2025, the MBA journey comes with challenges that require clarity and strategy to overcome.

What are MBA Career Challenges & How to Overcome Them?

 Behind the degree’s reputation lie real obstacles that many professionals face during their transition into higher roles or new industries.

The good news? Each challenge is manageable with the right preparation, mindset, and action plan. This section breaks down the most common hurdles MBA graduates encounter and how to deal with them effectively.

Let’s take a look at the common challenges and discuss strategies to overcome them:

  • Fierce job market competition
    Many candidates have similar qualifications. Stand out with strong personal branding, project experience, and industry-specific knowledge.
  • Skill gaps between MBA curriculum and actual industry demands
    MBA programs may not cover every tool or platform. Take short courses in tools like Power BI, SQL, or digital marketing to bridge gaps quickly.
  • Difficulty switching careers or industries
    Career pivots take time. Use internships, certifications, and networking to demonstrate credibility in your new domain.
  • Salary expectations vs. early career reality
    High-paying roles post-MBA are often in consulting, investment banking, or product management. Others may start lower but offer faster growth.
  • Lack of relevant experience in chosen specialization
    Build case projects, freelance work, or capstone deliverables to showcase transferable skills in your desired field.
  • Limited professional network post-MBA
    If your MBA was online or from a newer school, you may need to put extra effort into LinkedIn outreach, alumni groups, and industry events.
  • Evaluating job offers with unclear growth paths
    Ask direct questions in interviews about role evolution, team size, and promotion timelines. Use Glassdoor and alumni insights for clarity.
  • Adapting to evolving tech and digital tools
    Business tools and platforms change fast. Commit to monthly upskilling—even 1 hour a week can keep you ahead.
  • Burnout from high-pressure leadership or consulting roles
    Track your workload. Set boundaries early. And be clear about work-life balance during role discussions.
  • Visa or relocation issues for international students
    Always verify visa sponsorship policies before applying. Keep an eye on countries with MBA-friendly immigration policies like Canada and the UK.

Conclusion

An MBA remains a strong driver of career growth, especially when paired with hands-on projects, certifications, and a focused specialization. By 2030, 72% of companies are expected to adopt AI for automation, generating over ₹1,066 trillion in value (World Economic Forum). Professionals who combine business strategy with digital fluency will lead this shift.

Top employers are hiring MBAs who can manage change, work across functions, and act on data. The real advantage lies in applying what you learn to solve high-impact business problems.

Not sure how to move forward? Speak with upGrad’s career experts for personalized MBA guidance, or visit your nearest upGrad center to explore practical, industry-aligned programs.

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https://www.weforum.org/stories/2020/10/top-10-work-skills-of-tomorrow-how-long-it-takes-to-learn-them
https://www.weforum.org/stories/2025/03/ai-authentic-intelligence/

Frequently Asked Questions (FAQs)

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Kamal Jacob

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