Rao IIT Academy Senior Business Development Manager Salaries by 4 Employees

5 - 19 years exp.

₹4.8 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% less than the average Senior Business Development Manager Salary in Education & Training Companies for 5 - 19 years of experience

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Salaries in different departments

Sales & Business Development Senior Business Development Manager Salary 5 - 16 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹7.5 L/yr
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Strategic & Top Management Senior Business Development Manager Salary 15 - 19 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to Rao IIT Academy for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Senior Business Development Manager Salary 0 - 8 years exp. (330 salaries)	₹2.8 L/yr - ₹5 L/yr 37% less	172 job openings
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (177 salaries)	₹3.5 L/yr - ₹8 L/yr 20% less
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BYJU'S Senior Business Development Manager Salary 3 - 8 years exp. (252 salaries)	₹8 L/yr - ₹30 L/yr 151% more
MakeMyTrip Senior Business Development Manager Salary 0 - 6 years exp. (224 salaries)	₹5 L/yr - ₹12 L/yr 18% more
SBI Life Insurance Company Senior Business Development Manager Salary 5 - 13 years exp. (207 salaries)	₹3.4 L/yr - ₹8.5 L/yr 16% less

Senior Business Development Manager salary at Rao IIT Academy ranges between ₹4.8 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Rao IIT Academy.

Experience wise Rao IIT Academy Senior Business Development Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
15+ years (3 salaries)	₹2.9 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Rao IIT Academy

Business Development Manager Salary

(22 salaries)

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Senior Business Development Executive Salary

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Business Development Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Business Development Executive Salary

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Senior Sales Manager Salary

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₹12.6 L/yr - ₹16.1 L/yr

Territory Sales Manager Salary

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₹6.3 L/yr - ₹8 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Marketing Manager Salary

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₹3.6 L/yr - ₹6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Rao IIT Academy

4.0

Rated by 1 employees for salary & benefits

Business Development Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 05 Jan 2023

3.0

for Salary and Benefits

Likes

I was able to learn about how offline education sector works and what are day to day branch related issues

Work-life balance - Good

Dislikes

Management is least concerned about their employees, they don't pay salaries on time I left the company in 2020 still they have not paid my last three months salaries their top management says go ahead if you want top sue us go for it, as it wont make any difference

Skill development - Poor

+2 more

Business Development Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 27 Apr 2023

1.0

for Salary and Benefits

Likes

Branding: Ads in TOI

Dislikes

Frequent salary on hold and push you to work on all 7 days. MD and CEO Vinay Kumar gives verbal assurance instead Basic salary on time and expects from you to engage Principal by sending gift from your own pocket. No Gift either on Diwali or New Year, but happily accepting same from his associate partners.

Salary - Bad

+6 more

Assistant Sales Manager in Mumbai

sales Department

5.0

• posted on 02 Jul 2020

5.0

for Salary and Benefits

Likes

Good place to work and competitive, timely payments no delay in salary and incentives and staff are good encouraging, Seniors take care of employees JOKE OF THE DAY This all things is fake HR is forcing us to write a review

Salary - Excellent

+6 more

Dislikes

Till now nothing as done

Business Development Executive in Mumt

Customer Success, Service & Operations Department

4.0

• posted on 16 Sep 2021

4.0

for Salary and Benefits

Likes

Company Environment is good plus salary is credit on time but tasks are always unknown and frequent transferred from one branch to another but management is still working fine over i was statisfied but not so cool with my department i.e. marketing rest all is good

Salary - Good

+2 more

Dislikes

Marketing Targets

Senior Business Development Executive

Sales & Business Development Department

4.0

• posted on 06 Oct 2018

3.0

for Salary and Benefits

Likes

Best thing about Rao IIT is u have your own decision in your respective territory for aCtiviry and seminar

Skill development - Good

+1 more

Dislikes

They never pay salary about time And there is communication gap between Head office and other territory's employees .sorry but it's true

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Rao IIT Academy Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at Rao IIT Academy ?

The average salary of a Senior Business Development Manager at Rao IIT Academy in India typically ranges from ₹4.8 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 5 years to 19 years).

The top 10% of Senior Business Development Manager at Rao IIT Academy earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Senior Business Development Manager Salaries at Rao IIT Academy can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Rao IIT Academy employees in India.

What is the estimated take home salary of a Senior Business Development Manager at Rao IIT Academy in India?

The estimated take-home salary of a Senior Business Development Manager at Rao IIT Academy in India typically ranges from ₹52,388 to ₹53,690 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 5 years to 19 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Rao IIT Academy. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rao IIT Academy for Senior Business Development Manager in India?

BYJU'S	₹8.0 Lakhs to ₹30.0 Lakhs per year
MakeMyTrip	₹5.0 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Rao IIT Academy, depending on the role and experience level.

What is the salary of a Senior Business Development Manager in companies similar to Rao IIT Academy in India?

The salary of a Senior Business Development Manager at companies similar to Rao IIT Academy in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company	₹3.4 Lakhs to ₹8.5 Lakhs per year
SBI General Insurance	₹3.5 Lakhs to ₹8.0 Lakhs per year
IndusInd Bank	₹2.8 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Business Development Manager at Rao IIT Academy in India?

The salary growth for a Senior Business Development Manager at Rao IIT Academy depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Manager can expect the following growth trajectory at Rao IIT Academy:

Experience	Average Salary Range
5 years	₹6.0 Lakhs to ₹7.6 Lakhs per year
6 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
7 years	₹6.1 Lakhs to ₹7.7 Lakhs per year
8 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Rao IIT Academy Senior Business Development Manager Salaries

Rao IIT Academy Senior Business Development Manager salary in India ranges between ₹4.8 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rao IIT Academy latest salaries received from various employees of Rao IIT Academy.

Rao IIT Academy Senior Business Development Manager salaries in India

Companies similar to Rao IIT Academy for Senior Business Development Manager

Latest annual salaries shared by Rao IIT Academy Senior Business Development Manager

Experience wise Rao IIT Academy Senior Business Development Manager salaries

Similar Designation salaries in Rao IIT Academy

Salary related reviews for Rao IIT Academy

Business Development Manager in New Delhi

Business Development Manager in Mumbai

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Business Development Executive in Mumt

Senior Business Development Executive

Rao IIT Academy Senior Business Development Manager Salary FAQs

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