Top 10 High Salary Jobs In India: The job of a data scientist is the number 1 job in India; that is also the highest salary job in India, having a bright future too. In India, the job economy has changed dramatically. Gone are the days when the only stable professions thought to be the most lucrative were those of a doctor, engineer, or government employee. While these options are still important and valued today, many new ones have emerged, revolutionizing India’s labour sector.
Top 10 High Salary Jobs In India
Most students are undecided about their professional path, and to be honest, money is a powerful motivator that can help them make a decision. Knowing the top highest-paying jobs in India would undoubtedly assist them in making an informed career decision. Here is our list of the top 10 High Salary Jobs In India.
No 1. Data Scientist
Data science is a term that has received a lot of attraction in recent months. Data scientists are essentially analytic professionals that utilize social science and technology to discover and manage data patterns.
Qualifications in Education
While no specific qualifications are required, engineers (BE/BTech) or graduation with a data science degree or certification will have a distinct edge.
Pay Range
Certified data scientists are paid wages ranging from Rs. 4 lakhs to Rs. 12 lakhs per annum as a starting salary. The higher the level of experience, the higher the pay, which can vary from Rs. 60 lakhs to Rs. 70 lakhs per year, making this one of India’s highest-paying IT positions.
Industry and Development
Data science is a relatively young field with a high salary and career options. This field is now seeing enormous growth, with demand up 40% since January 2019, and is likely to increase.
No 2. Digital Marketing
Digital marketing is altering the way people communicate today, thanks to the advent of social media and other kinds of marketing and advertising. Any marketing endeavour that employs the internet and other forms of digital communication, such as email, social media, text, and web-based advertising, is referred to as digital marketing.
Qualifications in Education
While a digital marketing degree is not required, certifications and a Bachelor’s or Master’s degree in Marketing, Public Relations, or Mass Communication will be advantageous.
Pay Range
Professionals with less experience can expect to earn between Rs. 3 lakhs and Rs. 6 lakhs per year, while those with more expertise can expect to earn between Rs. 10 lakhs and Rs. 12 lakhs per year.
Industry and Development
The digital marketing business is anticipated to grow much more in the future.
No 3. Medical Professionals
Medical experts command enormous respect and are necessary; therefore, having a doctor in the family is considered a source of pride. While becoming a doctor, surgeon, or other medical practitioner is difficult; the benefits outweigh the difficulties.
Educational Qualification
It takes a lot of devotion and study to become a good medical professional. An MBBS is the entry-level qualification necessary, and additional speciality training, such as an MD or MS, is also necessary (Master of Surgery)
Pay Range
The average beginning income for individuals with an MD is from Rs. 5 lakhs to Rs. 10 lakhs per annum, with the possibility of earning up to Rs. 25 lakhs per annum or more.
Industry and Development
Medical experts are required for a healthy society to exist. Thus it is logical to assume that the healthcare industry will continue to grow. Higher education may enable them to specialise in neurology, cardiology, neonatal care, and so on.
No 4. Machine Learning Experts
Experts in machine learning and artificial intelligence are in high demand today. For the foreseeable future, they will be assisting businesses in making data-driven decisions and positioning them for better success.
Educational Qualification
It is required that you have a bachelor’s degree in computer science, artificial intelligence, or a related discipline. For individuals interested in pursuing a career in this industry, there are various specialised courses accessible today.
Pay Scale
The annual remuneration for newcomers starts at Rs. 5 lakhs and can rise to Rs. 7–8 lakhs. Salaries for people with a decade or more of experience can reach Rs. 20 lakhs per year.
Industry and Growth
According to some estimates, India’s machine learning and artificial intelligence market would develop at a compound annual rate of 33.49 per cent between 2018 and 2023.
No 5. Blockchain Developers
Blockchain technology is another industry that is gaining popularity these days. It is a digital record of transactions that are used to record cryptocurrency transactions. Since blockchain technology is still relatively new in India, there is a great demand for experts in the industry.
Qualifications in Education
Applicants with B.E/B.Tech degrees in Computer Science, Statistics, Mathematics, or other programming-related subjects, as well as expertise of Ripple, R3, bitcoin, and Etherium technologies, will be given priority.
Pay Range
An entrant’s starting compensation might range from Rs. 3 lakhs to Rs. 6 lakhs per year, and it can climb rapidly with expertise. While the average income for blockchain technology professionals is now about Rs. 8 lakhs, with time and experience, it can rise to Rs. 45 lakh per year.
Industry and Development
This sector is seeing a lot of investment, and it’s only anticipated to increase dramatically in the next years, reaching over USD 4 million by 2025.
No 6. Software Engineers
Traditionally, most Indian parents wished for their children to become engineers or doctors. Software engineering is one of the most in-demand and well-paid fields today, thanks to digitization.
Qualifications in Education
Many colleges in the United States offer Bachelor’s and Master’s degrees in Software Engineering. Those with specific credentials will have an advantage over the competition, which is fierce in this field.
Pay Range
Freshers can anticipate a compensation package ranging from Rs. 4 lakhs to Rs. 6 lakhs per annum. In comparison, seasoned engineers can anticipate a compensation package ranging from Rs. 10 lakhs to Rs. 30 lakhs per annum, based on seniority and experience, making this one of India’s highest paying engineering positions.
No 7. Chartered Accountant
Chartered Accountants (CA), another in-demand profession, are members of the ICAI (Institute of Chartered Accountants of India), the country’s only national accounting body.
Qualifications in Education
Commerce graduates and postgraduates with a minimum percentage of 55 per cent of the Institute of Company Secretaries of India and Institute of Cost Accountants of India who have passed the intermediate level can apply.
Pay Range
A CA currently earns an average income of roughly Rs. 7 lakhs per year, with salaries ranging from Rs. 30 lakhs per year based on experience.
Industry and Development
This is a position that has a high level of job security and is continually in demand. Some of the country’s leading recruiters for CAs include Standard Chartered, BHEL, and Citibank.
No 8. Lawyers
We’ve seen lawyers portray themselves as enjoying a high-flying lifestyle while yet battling for justice. Tax lawyers, criminal lawyers, securities lawyers, and other types of lawyers advise and represent their clients, both private and public.
Qualifications in Education
It is advised that you have a bachelor’s degree in law, liberal arts, or political science. Additionally, passing admissions tests such as the LSAT is required. A Master’s degree in their chosen field of specialisation can also assist them in advancing in their job.
Pay Range
Salary ranges from Rs. 3 lakhs per annum to Rs. 12 lakhs to Rs. 25 lakhs per annum, based on experience and success rate, making this one of India’s highest-paying positions.
Industry and Development
Professionals in the subject of law will always be in demand. Individuals can also investigate a variety of topics within their chosen field. One can also become an attorney or a judge if they have more than two decades of experience.
No 9. Investment Banker (Top 10 High Salary Jobs In India)
Investment bankers’ principal responsibility is to safeguard their clients’ financial assets. Investment bankers also assist with mergers and acquisitions, research and serve as financial counsellors to corporations.
Educational Qualification
A bachelor’s or master’s degree in finance, accounting, or economics is strongly suggested. Strong research and analytical skills are required.
Pay Range
Entrants can anticipate earning between Rs. 4 lakhs and Rs. 12 lakhs per year, with the possibility of earning up to Rs. 40 lakhs per year with expertise.
Industry and Development
The demand for skilled investment bankers is on the rise, and it is predicted to grow rapidly as new financial organisations enter the market.
No 10. Management Consultant (Top 10 High Salary Jobs In India)
These professionals assist their clients in growing their businesses, resolve challenges, and deal with corporate operations and management, structure, and strategy.
Qualifications in Education
Any business subject requires a Bachelor’s or Master’s degree. While specialist courses are offered for graduates, anyone with a background in Economics, Finance, or Accounting can work as management consultants.
Pay Range
Management consultants earn an average income of just over Rs. 11 lakhs per year. Freshers may expect to earn between Rs. 6 lakhs and Rs. 7 lakhs per year.
Industry and Development
The Management Consulting industry’s current annual growth rate is over 30%, and the industry is growing at a global rate of 4.1 per cent. Today’s industry has a steady demand for great management consultants, which is only projected to increase in the future.
FAQs
- Which careers make the most money?
All the above-mentioned careers make the most money.
2. Which job has the highest salary in the world?
The job of a data scientist has the most salary in the world.
3. What is the easiest and the highest paying job in India?
The job of digital marketing is the easiest and highest paying job in India.
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