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Hi,
* Graduates in this field can work as technical administrators or researchers in different computer industries.
* The majority of graduates in this field pursue their career as a project leaders, junior programmer and system analysts etc.
- Graduates can work with different government companies such as DRDL, ISRO, ONGC, HCL, ISRO, ECIL and BEL.
- One can also attend competitive exams conducted by UPSC, SSC etc.
* Top recruiting companies are :
-AT&T
-HP
-IBM
-Dell
-Intel
-Google
-IBM
-Yahoo
* One may work as :
-Computer Communications Specialist
-Computer Engineer
-Consultants
-Database Administrator
-Data Communication Analyst
-Professor
-Research Analyst
-System and Security Administrator
* One may find employment in the below mentioned sectors :
-Banks
-Consultancies
-Database Management Companies
-Design Support Firms
-Data Communications Companies
-E-Commerce Industry
-Order Processing
-Stock Exchange
-Simulations Manufacturers
-Universities
* Salary :
Salary depends on various parameters such as size of the organization, profile, qualification, experience etc.
But, still, to give you a brief idea,
In government sectors one can earn a salary ranging from Rs. 10,000 to Rs.25,000 per month.
In private sectors one can initially earn a salary ranging from Rs. 8000 to Rs.15000 per month and the salary increases up to Rs.8,00,0000 per annum with an experience of 3-4 years.
Private sectors offer an attractive salary when compared to the public sector. In India students who pass out from a reputed IT institutes can expect a direct placement in good firms with pleasing salary packages.
All the Best!

My suggestion would be that you should have some years of experience being into some managerial job and then take up teaching as you can relate practical aspects quickly. This can make your classes interesting and exciting for students. No longer you need to depend on just theoretical aspects, but also various practical dimensions of the same. You can work for say some 3 to 5 years in a managerial job and then take up teaching. MBA alone may not be sufficient to get into some good institute. Usually all good colleges prefer PhD holders. MBA guys are usually taken in as research associates and lecturers and they can do a PhD in an area you like to go deeper and take up the teaching profile. Hence MBA alone may not be good, please plan to work for some more years and then do a PhD.
Feel free to raise more questions. Appreciate by giving it thumbs up or marking as best.
All the Best.