List of 10 best paying jobs in India
September 16th, 2021
Money has always been the main motivating factor when someone chooses a career path to equip him with the necessary knowledge and skills that lead to a better job opportunity. Best paid and most reputed job is a dream for all of us and the sectors which provide high remuneration opportunities are always considered preferable. But there has been a rapid change in the scenario in India, in terms of job opportunities and job seekers approach.
Earlier, students generally used to opt for specific careers or best government jobs that lead to high salaries as well as the most reputed job. Now, technology and globalization have changed the scenario to a great extent. Jobseekers are not only confined to traditionally followed options like the best government jobs but search for various careers in which they can develop the skills and get high-demand jobs. One must have an idea about the prestigious as well as best job certification course that will help them to decide on the direction to follow and find the best jobs in India. Here is a list of the 10 best-paying jobs in India
1. Doctors and Medical Professionals
Medical professionals receive immense respect and reputation. This profession is amongst the top salary jobs in India. Having a doctor in the family is seen as something very prestigious. But apart from being designated as a noble profession, it is now considered as one of the best government jobs that provides huge earnings. Considering the population of India, there is still a shortage of doctors, so it is considered as a top salary job in India. It is one of the most sought-after professions in India. Doctor’s job is one of the professions that never faces recession. Most of the doctors are associated with some hospitals or nursing homes which provide a steady earning for treatment and consultation. But doctors also work for personal clients after their jobs which also help them increase their earnings a lot. The earning of medical professionals varies according to the specialization stream. Generally, over 25% of medical professionals can earn an annual income of 20 - 30 lakhs per annum.
2. Data Analysts
In the list of top salary jobs in India, data scientist or data analyst is another high-paid and most reputed job that has been in demand for the past few years, mainly because of huge technological advancements and growth in these years. Data scientists are analytical experts who are professionally responsible for collecting, analyzing, and interpreting raw data and finding solutions to various business problems. Companies need data analysts to help in making data-driven business decisions for improved productivity. A recent report showed that there are about 1 lakh data analytics job openings in India. Highly experienced professional data analysts who have taken the best job certification course draw a salary of around INR 60 lakhs per annum making this one of the 10 best paying jobs in India. But this huge market in India also demands profound skills especially in the field of IT and Industrial domains.
3. Civil Services Professionals
A job in the civil services and administrative services under the government of India is one of the most profound and significant professions in India. It is one of the best government jobs in India.This is the reason why this is one of the most sought career choices in India. IAS is the highest and top administrative post amongst the services like IPS, IFS, etc. Government civil service jobs are highly prestigious with attractive salaries, high security, and other benefits. They enjoy high salaries along with perks like TA, DA, and other benefits. The basic per month salary of a cabinet secretary rank official can reach up to Rs.2.50 lakhs.
4. Full-Stack Developer
Full-stack web developers are computer programmers who work with both the front and back ends of a website, building user-friendly websites, developing servers and databases for website functionality, and coding for mobile applications. They even work on projects during the planning and implementation phase. Web developers have a great demand in the job market and is one amongst the top salary jobs in India. A full-stack developer with early-level experience and best job certification course earns an average salary of around 5 lakhs annually and with mid-level experience of 5-10 years can secure a compensation package of about INR 12-14 lakhs per annum.
5. Chartered Accountant
Chartered Accountant (CA) is another most reputed job. There is a high demand but also a shortage which makes this a highly paid profession. From small firms to large organizations or in the best government jobs, the need for a CA is everywhere. One of the reasons that this profession is in top salary jobs in India is companies and organizations hire chartered accountants to handle their financial portfolios to stay profitable. The starting salary after taking the best job certification course can be an average of 7-8 lakhs and can increase up to Rs. 30 lakhs per annum as per the experience. Certain international firms offer salaries up to Rs. 75 lakhs per annum making this one of the 10 best-paying jobs in India.
6. Machine Learning Experts
A few years ago, the words ML (Machine Learning) and AI(Artificial Intelligence) would have sounded unfamiliar but today these technologies are making a major impact all over the world. Today it is one of the top salary jobs in India as machine learning and artificial intelligence experts help companies to step up with technology for greater success. It is very much in demand in current as well as future scenarios. Leading companies are offering lucrative benefits and remuneration to deserving candidates who have enrolled in the best job certification course. For professionals with 10-12 years of experience, salaries can go up to Rs. 20 lakhs per annum. Certain statistics suggest that the Indian machine learning and artificial intelligence sector will have about 34% annual growth between 2018 and 2023. This profession is one of the 10 best-paying jobs in India.
7. Digital Marketing
With the rise of social media and the wide use of digital platforms for marketing and advertising, digital marketing has become an immensely popular field that offers high-income opportunities. Digital marketing provides opportunities for marketing using the internet and other means of digital communication such as email, social media, and web-based applications. Because of the diversity and creative freedom offered by the best job certification courses, there are a variety of roles available within the digital marketing field such as content writers, SEO analysts, social media managers, brand marketing managers, etc. which don’t even need any technical skills or expertise and this is why it is ranked in top salary jobs in India.
Taking advantage of the demand for online transaction facilities, blockchain technology is another field that is gaining increasing popularity. Digital payments have taken tremendous momentum in India especially with lockdowns and blockchains are key innovators in the digital space. The digital marketing industry is experiencing rapid growth because of the increased dependency on the internet. The way people communicate and consume information has developed the need for online marketing tools and techniques. Those with over ten years of experience can enjoy earnings of Rs.15 lakhs - Rs. 22 lakhs per annum making this one of the top salary jobs in India.
8. Investment Banker
The primary role of investment bankers is to take care of their client’s financial assets and help them invest in a potentially growing market that can maximize returns. Investment bankers also act as financial advisors to corporate organizations and involve in research for mergers and acquisitions as well. There has been tremendous growth in banking and financial services in the country today as it’s also one of the best government jobs as well and is expected to grow in the coming years. The demand for skilled investment bankers is increasing as new financial companies are entering the market. Investment banking has one of the highest average salaries in the market and is one of the top salary jobs in India today. Candidates with entry-level experience can expect a salary ranging from Rs. 4 lakhs to Rs. 12 lakhs per annum and with experience, this figure can go up to Rs. 40 lakhs per annum.
9. Management Consultant
Many organizations appoint management consultants to seek solutions to business problems while maximizing growth and profit. These experts help their clients to eliminate their bottlenecks and grow while dealing with the operations of the company. They analyze the management structure and strategy and come up with recommendations for changes that need to be implemented.
This is the most reputed job and there are consultancy firms that provide expert consultation on various areas like, law, healthcare, education, employment, and finance. There is a growing demand for consultancy in large organizations to scale up the business with greater efficiency and cost control. Consultants charge high fees for their expertise and value addition to company operations. The current annual growth rate for the management consulting industry is around 30% as there is a constant demand for excellent management consultants in the market today which makes it one of the 10 best-paying jobs in India.
In entire business industries, the highest-paid roles are in the C-suites which means, the position of CEO, CFO, COO, etc. It also refers to the positions at the director level like managing director, executive director, and other senior leadership roles like the vice president, senior vice president, etc. These high-profile jobs require the most knowledgeable and experienced professionals in the industry. Depending on the structure and vastness of operations, organizations can offer a yearly package of 3-5 crores to such professionals to handle the highest responsibility at the organizational level.
The above are just some of the top salary jobs in India today including few of the best government jobs. But these are not the only ones that offer a high remuneration package but also the most reputed job. The jobs like commercial pilots, executive chefs, architects, lawyers, software engineers, and aeronautical engineers are some of the job roles that enjoy highly lucrative salaries as well. A lot of hard work as well as smart work, passion, and attention to detail are factors that can help one rise to the top of their profession and earn a high income.