Money is the best motivator when it comes to taking a career path. And if it’s an important factor for you, as well, listed are the top 10 highest paying jobs in India (in no particular order) irrespective of your work position, beginner/entry-level, or middle level, these will help you choose the direction you want to go in coming and help you find the job with highest paid salary in India. Let’s get into the highest paid salary jobs in India for the coming year 2022 and find out which is the best job in India?
Please Note –
However, a career can not be defined in terms of only financial terms or high paying jobs.
If you’re aspiring for one of the best jobs in India. Career growth, job security, job profile, individual interest and reputation are some of the other key factors.
Paychecks in all industries are always subject to the employee’s experience, training, and knowledge. The more you score in these disciplines, the better you’re paid
Table of Contents
1) Medical Professionals (Doctors & Surgeons)
Healthcare as a career involves a number of disciplines and biographies which are all important but with large payment gaps. In India, doctors and surgeons are awarded the highest payments with the average salary of medical professionals being 10 LPA. According to sources, the average payment of a general physician is around 7 LPA, and surgeons bag around 11-12 LPA. In India, AIIMS, Apollo, Fortis, and Max are among the top recruiters.
Healthcare definitely offers jobs with highest salary paid in India. As a result, the industry is also expanding extensively. Going by the latest stats, the fast incremental growth of the healthcare industry will bring India to the top three healthcare markets by 2022.
A Bachelor of Medicine and a Bachelor of Surgery (M.B.B.S) from an Institute recognized by the Medical Council of India (MCI) is a basic condition. To pursue M.B.B.S, applicants must choose for PCB or PCBM (Science) in grades 11th and 12th. In Postgraduation, applicants may choose any specialization that interests them suchlike as Surgery, Orthopaedics, Psychiatry, and so on.
To get into a reputed medical institute, all applicants must crack applicable entrance examinations similar to NEET, AIIMS, JIPMER, and other state-level/institute-level entrance examinations.
2) Data Scientist
With the fast advancement in technology-related careers, this job profile brings a lot of promise and is significantly on the rise when it comes to demand. Since, in present world, everything is data-driven, people with skills and knowledge in managing data are widely appreciated and awarded with the highest packages. Indeed with limited work experience or none at all, the field offers a salary ranging between 4 to 12 lakhs per annum (LPA) to genuine experts and goes up to high paying job to 60-70 LPA to professionals with five years of experience.
While there’s no predefined qualification mandatory, engineers ( BE/ BTech) or graduates having a degree or certificate in data science will surely have an added advantage. Also, having a rudimentary knowledge of basic programming languages similar to Python, SQL is helpful.
Data scientists accomplish responsibilities like drawing and organizing data, identifying precious data sources, analyzing large volumes of data to find meaningful patterns, and designing algorithms. An understanding of consumer psychology, complex formulas, business wit, and programming are also necessary and desirable.
Companies Hiring Data Scientist in India – (3300 Jobs on Naukri / 2700 Jobs on Linkedin)
- Amazon – Hyderabad / Bangalore
- Walmart Labs – Bangalore
- People Interactive – Mumbai
- GreyAtom – Mumbai
- Procter & Gamble – Hyderabad
3 ) Machine Learning Experts
With an average payment being 5-7 LPA at the entry– position to a whopping Rs. 1,948,000 per annum, machine learning (ML) as a career scream promise, making it one of the highest-paying jobs in India and still booming. Machine Learning Experts may find their hub in the Silicon Valley of India, Bangalore, feeding significantly a higher number of openings compared to the country’s average, followed by Delhi/ NCR.
ML can be understood as an application of Artificial Intelligence (AI) where professionals create self-learning systems so that it improves on their own without programming.
The Educational Qualifications needed are BE/B.Tech in Mathematics/ Computer Science/ Data Science/ Statistics or Information Technology. Higher studies in analogous fields also receive a warm welcome in the field. Strong statistical Knowledge, programming (R/ Python), proficiency in ML architectures are other necessary expertise.
4) Blockchain Developer
The gap between the demand and supply of blockchain developers is huge and significant, therefore, bagging a handsome paycheck by the organizations. One of the highest paying jobs in India, blockchain developers may earn up to 45 LPA. The average salary has been estimated at around 8 LPA. The career is reconsidering data security and running, currency trades, and internet connectivity while reducing costs, cutting out mediators, adding transparency, speed, and accuracy. As both private and public sectors warm up to this new, market-changing technology, there will be a considerable lack of specialists. A gaping hole that you can fill. Further, there’s also a continuously growing demand for Blockchain Developers in India.
The Indian government is planning to invest heavily in Blockchain technology. In fact, Blockchain tech makes up a core part of the government’s Niti Aayog strategy, along with other frontier technologies like AI, ML, and IoT. In India, investment in Blockchain tech has increased to a whopping103.4 throughout 2018, standing atUS$154.8 million. Between 2019-2025, Blockchain investment is further anticipated to grow at a CAGR of47.3, adding fromUS$ 289 million (in 2019) to reachUS$ million by 2025.
The basic educational qualification demand is B.Tech/B.E. in Mathematics, Statistics, Computer Science, and Information Technology. Coding experience in C, Python, and other popular languages is desirable.
5) Full Stack Software Developer
Full stock software developers have a dual part as web developers and having a fair database system understanding, i.e., they work at both the front and the back end of a website or software. Aligning the website appearances with the client’s vision and target audience is the primary part. A Bachelor’s in Computer Science or IT, coupled with effectiveness in programming and online courses could be an entry ticket into the field. IBM, Dell, Barclays and the suchlike are top recruiters.
Entry– level full– stack developers ( lower than one year of experience) can earn ₹ 375,000per annum. Full– stack developers between 1 to 4 years of experience can earn ₹553,000 per annum. Mid-level developers with 5 to 9 years of experience earn ₹ 1,375,000per annum making it among the highest paying job in India.
6) Product Management
Being vigilant of the customer needs, necessary point envisions and collaborating with masterminds to make them, are the primary responsibilities of a Product Manager, hence, it’s a coveted position in large associations and makes it among the highest paying jobs in India. Experienced professionals earn around 17-26 LPA in the field and freshers also admit a promising salary of around 7-8 LPA.
A bachelor‘s in Management or affiliated fields like Marketing, Communications, Economics is basic to entering into the field. Desirable expertise include an understanding of client requirements, an eye for aesthetics, oratory and negotiationskills, and collaboration.
The product Manager is responsible for the strategy, marketing, feature description, predicting of the product or productline among other effects. In simpler terms, the product manager is responsible for understanding customer needs, visioning the necessary features, and working with the engineering team to build them.
7) Management Consultant
Management consultancy is the right career for you, If you’re somebody who loves to help refine your company’s performance and break problems while maximizing growth. These experts help their customers grow and eliminate their problems while also dealing with assignments of the company and are concerned with operation, structure, and strategy.Top employers in India include Accenture, KPMG, PwC, Deloitte.
Management Consultants at the entry- level receive 6-7 LPA, which rises to 8-11 LPA with a few years of experienceand translates to 18-23 LPA for skilled professionals.
Management Consultants must hold a bachelor’s or master’s degree in business- related fields. Although applicantsfrom all fields can get an entry in Management Consulting, some specializations like Finance, Economics, or Accounting, are preferred. Today, Management Consulting certificates are also gaining acceptance and acknowledgement by numerous companies.
8) Investment Banker
Being one of the highest- paid careers worldwide, the job is to guide the customer to invest capital wisely so that higherreturns are acquired. The customer may be a bank or a establishment. The average salary ranges anywhere between 4-40 LPA, with freshers earning 10-12 LPA. Citibank, HSBC, JP Morgan Chase, Axis CapitalLtd., ICICI are among the top recruiters.
Investment Bankers must at least hold a bachelor’s degree in Finance/ Economics/ Mathematics/ Business Administration or relatedsubjects.However, it’s indeed better, If they’ve a master’s degree in any of these specializations.
9) Chartered Accountant
Chartered Accountants (CA) are members of the ICAI (Institute of Chartered Accountants of India) which is the onlynational accounting body in the country. There’s a high demand for CAs in the country but also a huge deficit making this profession largely profitable. From small enterprises to large players, the need for a CA is all over. Also, this is also considered to be a job with high job security and will always be in demand. Companies similar as Standard Chartered, BHEL, Citibank are some of the top recruiters for CAs in the country.
Commerce graduates and postgraduates having a minimum of 55 marks and intermediate level passed students of Institute of Company Secretaries of India and Institute of Cost Accountants of India can pursue the Intermediate courseoffered by ICAI. Graduates/ postgraduates in other disciplines can also pursue ICAI’s CA course, though, their minimal cut-off percentage is 60.
CAs work in every industry and give monetary expertise for managing money well. They give accountancy, tax, and audit services to customers and help you to understand stuff like the GST reform, any change in taxation policies, or payment– related issues.
10) Marketing Manager
Marketing is one of the core elements of every business in any manufacturing sector. Thanks to the fast digitization and technological advancement, the marketing industry is growing by hops and bounds.
Their job task is different and includes working in automotive, retail, finance, software/ IT, engineering and otherparallels of the industry. Innovative products and results are generated while working collaboratively with productdevelopment teams, aligned to the company’s goals and vision. A bachelor’s degree in Management/ Marketing is the introductory demand after which applicants may gain some hands-on work experience or go on to pursue coursessimilar as MBA.
Tata Motors, Amazon. Flipkart, Vodafone and Airtel are among the top recruiters. The average payment for entry- position professionals may be anticipated as 4-6 LPA; with educated professionals earning about 15-22 LPA.
Marketing Managers must have a bachelor’s degree in Marketing Management or Business Administration. though, applicants specializing in other disciplines like Account/ Finance/ Business Law/ Economics/ Statistics can also becomeMarketing Managers. Anyone who has advanced degrees like a master’s degree or MBA is largely preferred.