Top 10 Famous MBA Graduates in India Who Made It Big in Business

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Manavta

20 May, 2025

Top 10 Famous MBA Graduates in India Who Made It Big in Business

In the dynamic realm of business and leadership, an MBA degree emerges as a transformative force, endowing individuals with the expertise and capabilities essential to navigate the intricate landscape of commerce. India has consistently produced accomplished business leaders who have achieved excellence in their respective domains and earned MBA degrees from esteemed institutions. In this blog, we shall explore famous MBA personalities in India and showcase their remarkable achievements.

Top 10 Famous MBA Graduates in India

Here is a list of famous people with an MBA degree. The table below shows their MBA institution, name and position as of now.

Sl#NamePosition / TitleMBA Institution
1Raghuram RajanFormer Governor of the RBIIIM, Ahmedabad
2Ajay BangaFormer CEO of MasterCardIIM, Ahmedabad
3Deep KalraFormer CEO of MakeMyTripIIM, Ahmedabad
4Indra NooyiFormer CEO of PepsiCoIIM, Calcutta
5Harit NagpalCEO of Tata SkyFMS, Delhi
6Prasoon JoshiChairperson of the Central Board of Film CertificationIMT, Ghaziabad
7Avani DavdaCEO of Tata StarbucksNMIMS, Mumbai
8Anand MahindraChairperson of Mahindra and MahindraHarvard Business School
9Vineet NayarFormer CEO of HCL TechnologiesXLRI Jamshedpur
10Satya NadellaCEO of MicrosoftUniversity of Chicago

Let’s discuss these inspiring personalities in detail:

1. Raghuram Rajan

MBA Graduate from: Indian Institute of Management, Ahmedabad

Our spotlight begins with Raghuram Rajan, one of the famous people with an MBA degree. He served as the former Governor of the Reserve Bank of India, who stands at the forefront of our list. Renowned for implementing commendable economic reforms during his tenure, Rajan’s academic journey commenced with an MBA from the prestigious Indian Institute of Management, Ahmedabad. He once said, “Education broadens one’s horizons, and an MBA provides the perfect blend of theory and practice.” As of now, he is a professor of Finance at the University of Chicago Booth School.

2. Ajay Banga

MBA Graduate from: Indian Institute of Management, Ahmedabad

He is among the famous MBA graduates. Ajay Banga, the President and former CEO of Mastercard, is known for his exceptional leadership in the financial industry. His MBA from IIM Ahmedabad shaped his strategic thinking and decision-making abilities. Banga emphasises the importance of continuous learning, saying, “Education is not a destination but a journey.” Did you know? Ajay Banga was the first Indian born nominee for the role of World Bank President. He was awarded the civilian honour of the Padma Shri in 2016

3. Deep Kalra

MBA Graduate from: Indian Institute of Management, Ahmedabad

Deep Kalra, the Founder and Chairman of MakeMyTrip.com, revolutionised the travel industry in India. MakeMyTrip is India’s leading online travel company. His MBA from IIM Ahmedabad provided him with the entrepreneurial acumen needed to establish a successful startup. Kalra believes that “an MBA helps you understand the bigger picture in business.” After his MBA, he worked at ABN AMRO Bank before founding MakeMyTrip.

4. Indra Nooyi

MBA Graduate from: Indian Institute of Management, Calcutta

Indra Nooyi is a famous MBA personality in India. She has exceptional leadership during her tenure as Chairman and CEO of PepsiCo is a testament to her prowess. Her journey to the pinnacle was greatly influenced by her MBA from IIM Calcutta. Nooyi once stated, “An MBA education prepares you to tackle complex business challenges head-on.” Her leadership style, blending strategic thinking with empathy, earned her international recognition. Nooyi has consistently featured on lists of the world’s most powerful women. She is a role model for aspiring women leaders and business professionals.

5. Harit Nagpal

MBA Graduate from: Faculty of Management Studies (FMS), Delhi

Harit Nagpal, the MD and CEO of Tata Sky, has made significant strides in the media and entertainment industry. His MBA from FMS Delhi has been instrumental in his strategic decision-making. Nagpal emphasises, “An MBA instils a disciplined approach to problem-solving.” He has a background in marketing and brand management, having worked with brands like Vodafone, Shoppers Stop, and PepsiCo. At Tata Play. At Tata Play, he played a pivotal role in revolutionising India’s Direct-to-Home (DTH) television sector by focusing on customer service and technology.

6. Prasoon Joshi

MBA Graduate from: Institute of Management Technology (IMT), Ghaziabad

He is among the famous MBA graduates who hold an MBA from the Institute of Management Technology (IMT), Ghaziabad. As the CEO and Chief Creative Officer at McCann Worldgroup India, Joshi has created some of India’s most memorable ad campaigns. Joshi asserts, “An MBA provides a strong foundation for creativity within a structured framework.” Joshi is also a Padma Shri awardee and the current Chairman of the Central Board of Film Certification. His work reflects deep cultural insight and emotional resonance, making him a powerful force in both the marketing and entertainment industries.

7. Avani Davda

MBA Graduate from: Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

Avani Davda is a notable Indian business executive best known for being the first CEO of Tata Starbucks. She completed her MBA from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. Davda’s appointment as CEO at a young age highlighted her exceptional leadership potential. She played a crucial role in establishing and expanding Starbucks’ presence in India, overseeing its localisation and brand positioning. Her success reflects the rise of young women leaders in India’s corporate sector. Davda is known for her calm demeanor, customer-first approach, and sharp business instincts. Davda believes that “an MBA empowers you to anticipate market trends.”

8. Anand Mahindra

MBA Graduate from: Harvard Business School

Anand Mahindra, one of the famous MBA personalities in India. He is the Chairman of the Mahindra Group, and stands as a global business icon. His MBA from Harvard Business School has contributed to his strategic vision. Mahindra believes, “An MBA broadens your horizons and encourages innovative thinking.” He is also a social media influencer known for his thought-provoking posts. Through initiatives like the Rise campaign, he has redefined the company’s vision for inclusive progress. Anand Mahindra stands as a respected voice in Indian industry and a strong advocate of responsible capitalism.

9. Vineet Nayar

MBA Graduate from: XLRI Jamshedpur

Vineet Nayar is a respected business leader and former CEO of HCL Technologies. He holds an MBA from XLRI – Xavier School of Management, Jamshedpur. Nayar is best known for his unique management philosophy “Employees First, Customers Second,” which transformed HCL into a global IT services leader. Nayar later founded the Sampark Foundation to improve education in rural India. He is also the author of a best-selling management book. Nayar asserts, “An MBA encourages disruptive thinking in problem-solving.”

10. Satya Nadella

MBA Graduate from: University of Chicago

An Indian born CEO of Microsoft holds an MBA from the University of Chicago Booth School of Business. He represents famous people with an MBA, led Microsoft through a remarkable transformation by embracing cloud computing, AI, and a collaborative culture. Under his leadership, Microsoft’s market value soared, and its work culture became more inclusive and growth-focused. Nadella is admired for his empathetic leadership style and emphasis on continuous learning. His Indian roots and global impact make him a role model for aspiring professionals. Nadella also authored Hit Refresh, sharing his leadership journey and vision for a technology-powered, inclusive future.

Benefits of an MBA programme

An MBA can move you to leadership roles in the business domain. Here are some of the benefits of obtaining an MBA course.


  • Diverse Skill Set: An MBA offers you a wide range of business skills across disciplines such as finance, marketing, operations, human resources, and strategy.

  • Global Perspective: Many MBA programmes include international case studies, global immersion programmes, and exposure to cross-cultural business practices. This helps you to understand global markets and diverse consumer behaviour.

  • Networking Opportunities: You get a chance to connect with a broad network of peers, professors, alumni, and industry leaders. These relationships often lead to job opportunities, business collaborations, and mentorship.

  • Holistic Business Knowledge: An MBA helps you understand how the business operates. You can become an entrepreneur, CEO, founder or anything. You can land senior and C-suite roles.

The Enduring Impact of an MBA

As we conclude our exploration of these remarkable individuals, it is worth reflecting on the enduring impact of an MBA. Education is the cornerstone of progress, and an MBA provides a unique blend of theoretical knowledge and practical wisdom. The stories of Raghuram Rajan, Ajay Banga, and the other eminent personalities on this list serve as beacons of inspiration for aspiring leaders.

The impacts go beyond the immediate career achievements and extend into a lifelong commitment to learning and growth. The journey of these individuals highlights that education is not a destination but a continuous voyage towards excellence.

Benefit 1Benefit 2
Career AdvancementsLifelong Learning
Leadership OpportunitiesAdaptability
Strategic ThinkingProblem-Solving Skills
Entrepreneurial SpiritMarket Insights
Innovative SolutionsConsumer Behaviour Understanding

Conclusion

In a rapidly changing business landscape, the pursuit of knowledge and skills is paramount. The MBA degrees earned by these influential Indian personalities have not only enhanced their professional capabilities but have also contributed to their leadership journeys. As we look to the future, it is clear that the combination of education and determination can lead to extraordinary achievements. These accomplished individuals showcase the power of an MBA in shaping successful careers and making a lasting impact on their respective industries. Diverse backgrounds and experiences underscore the MBA’s versatility, revealing its power to access diverse fields and industries.

FAQs

Q1: Who is the highest paid MBA in India?

There cannot be an exact answer to this question; however, Sundar Pichai, CEO of Google, may be one of the highest-paid MBAs from India. Though he works abroad, he studied at IIM and earns a very high salary globally.

Q2: Which MBA is best for CEO in India?

An MBA in General Management or Strategy from top institutes like IIM Ahmedabad or ISB is best for becoming a CEO in India. These courses build leadership, business, and decision-making skills.

Q3: Who is the richest person in MBA?

According to Poets&Quants, Michael Bloomberg, founder of Bloomberg LP, is one of the richest MBAs in the world. He earned his MBA from Harvard and built a huge financial media company.

Q4: Which MBA has the most CEOs?

It is often mentioned that Harvard Business School has produced the most CEOs globally. In India, IIM Ahmedabad and IIM Bangalore have many alumni who have become CEOs in top companies

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Manavta - Author

Manavta Journalism / Content writing / Copywriting

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With a Master’s degree in Journalism & Mass Communication and over six years of hands-on experience across journalism, PR, and content creation, Manavta Kaundinya brings both academic rigour and industry insight to her writing. At LR, she works on blogs, emailers, social platforms, editorial updates, educational campaigns and outreach initiatives. She is an enthusiastic person eager to help learners make informed choices aligning with their goals.

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