Summary:
Professions / Jobs | Average Salary Per Annum 2024 |
Highest Salary Per Annum 2024
|
Medical Professionals | ₹10 Lakhs | ₹20 Lakhs |
Data Scientist | ₹14.4 Lakhs | ₹70 Lakhs |
Machine Learning Experts | ₹8.7 Lakhs | ₹20 Lakhs |
Blockchain Developer | ₹9 Lakhs | ₹45 Lakhs |
Full Stack Software Developer | ₹7.9 Lakhs | ₹15 Lakhs |
Product Management | ₹21 Lakhs | ₹37 Lakhs |
Management Consultant | ₹13 Lakhs | ₹38 Lakhs |
Investment Banker | ₹17 Lakhs | ₹45 Lakhs |
Chartered Accountant | ₹11 Lakhs | ₹30 Lakhs |
Marketing Manager | ₹12 Lakhs | ₹22 Lakhs |
Software Architect | ₹31 Lakhs | ₹50 Lakhs |
Artificial Intelligence (AI) Engineer | ₹9 Lakhs | ₹25 Lakhs |
IT Manager | ₹16 Lakhs | ₹30 Lakhs |
Petroleum Engineer | ₹9.9 Lakhs | ₹25 Lakhs |
Financial Analyst | ₹6 Lakhs | ₹12 Lakhs |
Legal Professionals (Lawyers) | ₹14 Lakhs | ₹20 Lakhs |
Psychiatrist | ₹10 Lakhs | ₹20 Lakhs |
Aerospace Engineer | ₹16.8 Lakhs | ₹30 Lakhs |
Real Estate Developer | ₹15 Lakhs | ₹35 Lakhs |
Construction Manager | ₹16.8 Lakhs | ₹36 Lakhs |
Hotel General Manager | ₹15.8 Lakhs | ₹35 Lakhs |
Judge | ₹27 Lakhs | ₹33 Lakhs |
Pilot | ₹36.5 Lakhs | ₹84 Lakhs |
Cybersecurity Analyst | ₹6 Lakhs | ₹11 Lakhs |
Marketing Director | ₹47.5 Lakhs | ₹98 Lakhs |
In this article, we are going to learn about the top 25 highest paying jobs in India.
Read in detail regarding professions, factors involved, and more below.
You have hustled hard throughout your 12+3/4+2+x (where x varies from 1 to ∞) of your formal education and now, you are looking for one of the highest paying jobs in India that justifies all those years of burning the midnight oil. You are looking for a career that rewards you just right, jobs with high salary, and maybe even better, one of the best jobs in India. Continue reading this blog for detailed answers on the most demanding jobs in India.
Today’s youngsters toil hard to study well and secure one of the highest-paid jobs in the world. Unless you are very particular and sure about your interests, choosing “the right job” is never easy. One factor that can help in taking up a job offer is the financial prospect it offers.
Let’s be honest, money is the best motivator when it comes to choosing a career path. And if it is an important factor for you, as well, listed are the top 25 highest paying jobs in India (in no particular order). This list is updated in 2024 and irrespective of your work level, beginner/entry-level, or middle level, these will help you decide the direction you want to go in next and help you find the best jobs in India. Let’s get into the highest-paid jobs in India.
Meanwhile, you can also check out our free courses.
Key Takeaways:
- The highest-paying jobs in India are basically in Information Technology, Healthcare, Data Industry, BFSI, and Marketing.
- The average salary range of most of the top jobs in these sectors ranges between Rs. 7 – 15 LPA, with the highest salaries going as high as Rs. 20 – 40 LPA.
- If you are wondering which job is one of the top 10 highest salary jobs in India, modern jobs such as Data Science, Machine Learning have started replacing traditional jobs in the highest-paying jobs list.
Want to get a taste of business management? We have a course for you on Management Essentials, check it out.
Please Note – Salaries in all industries are always subject to the employee’s experience, training, and knowledge. The more you score in these domains, the better you are paid, just like one of the highest-paid jobs in the company or an attractive IT salary in India. If you are aspiring for one of the best jobs in India, the salary package is not the only factor.
Learners receive an average Salary hike of 58% with the highest being up to 400%.
Career growth, job security, and reputation make a career attractive. Also, different industries pay different ‘highest’ salaries. Hence, it will be unfair to compare the salary of a Chartered Accountant in the Information Technology sector to that of a Chartered Accountant in the BFSI domain.
List of Top 25 Highest Paying Jobs in India Per Month
For the students wondering which job has the highest salary in India, check out the below list.
- Medical Professionals (Doctors & Surgeons)
- Data Scientist
- Machine Learning Experts
- Blockchain Developer
- Full Stack Software Developer
- Product Management
- Management Consultant
- Investment Banker
- Chartered Accountant
- Marketing Manager
- Software Architect
- Artificial Intelligence (AI) Engineer
- IT Manager
- Petroleum Engineer
- Financial Analyst
- Legal Professionals (Lawyers)
- Psychiatrist
- Aerospace Engineer
- Real Estate Developer
- Construction Manager
- Hotel General Manager
- Judge
- Pilot
- Cybersecurity Analyst
- Marketing Director
Read: Career options in science
Top 25 Highest Paid Jobs in India in Detail
Let us discuss the top 25 highest-paying jobs in India one by one.
1) Medical Professionals (Doctors & Surgeons)
Salary
According to the standard pay scale of medical professionals in India, the average salary of healthcare professionals in India is around 10 LPA in India. Over 25% of medical professionals earn an annual package of 20 LPA. PayScale maintains that the average salary of a General Physician in India is Rs. 7,14,092 per annum and that of a General Surgeon’s salary is Rs. 11,97,412 per annum making it one of the highest-paying jobs in India.
Generally, the specialization stream determines the salary package of medical experts. Alongside traditional specializations such as Dentistry, Optometry, and Pharmacy, domains like Healthcare Administration, Nursing & Medical Assistant, Home Health Aide, etc., have emerged as promising and high-paying healthcare avenues.
Location
Medical professionals have one of the highest-paying jobs in India. The demands of their job and their skills make them exceptionally valuable. Their salary is affected by their place or city of employment. Below we look at the average monthly salary of doctors in some of the major cities in India.
Location | Average Salary per year |
New Delhi | ₹19.8 Lakhs |
Kolkata | ₹7.6 Lakhs |
Mumbai | ₹10 Lakhs |
Ahmedabad | ₹8.2 Lakhs |
Bangalore | ₹10 Lakhs |
Jaipur | ₹6.8 Lakhs |
Industry
In India, the healthcare industry comprises both government and private players. Thanks to the rapid technological advancements and owing to the rising incidence of diseases, the demand for affordable and quality healthcare services is increasing. Healthcare offers one of the highest-paid jobs in India. As a result, the industry is also expanding tremendously. Going by the latest stats, the fast incremental growth of the healthcare industry will bring India to the top three healthcare markets making it one of the most demanding jobs in India.
Educational Qualification –
In India, an M.B.B.S (Bachelor of Medicine and a Bachelor of Surgery) degree is the entry card for becoming a doctor. Thus, all doctors must have an M.B.B.S degree from an institution recognized by the Medical Council of India (MCI). While pursuing their postgraduate degree (M.B.B.S), aspirants can choose from specializations like Doctor of Medicine (M.D.), or Master of Surgery (M.S.).
Skills
- Quick thinking and problem-solving skills.
- Compassion and willingness to help others.
- Excellent communication and interpersonal skills.
- Calm and composed nature.
- Patience and concentration.
- Attention to detail.
Job profile
The job profile of medical professionals varies according to the specialization stream. For instance, the responsibilities of a general physician are starkly different from that of a surgeon or a psychiatrist. However, there are some general duties of medical professionals such as examining patients, diagnosing their health issues, and treating them. Healthcare consists of some of the best jobs in India. While the specific responsibilities of medical professionals vary, all doctors must perform the following duties:
- To prescribe medicines and administer befitting treatment to patients.
- To assess a patient’s symptoms and diagnose the medical issue
- To take accurate notes of a patient’s health issues and medical complications.
- To offer follow-up care of patients and evaluate the results of medical tests (if any).
- To collaborate with medical assistants, nurses, and other health experts for delivering top-notch treatments.
- To always stay updated with the latest trends and findings in medical technology and research.
How to become a medical professional?
- A candidate must pass class 12th with at least 60% marks in the science stream either with physics, chemistry, and biology (PCB) or physics, chemistry, mathematics, and biology (PCMB) specialization, from a recognized board of education.
- To get into a reputed medical institute, all candidates must crack relevant entrance exams such as NEET, AIIMS, JIPMER, and other state-level/institute-level entrance exams.
- To pursue postgraduation (M.D/M.S or M.Sc in Medicine), a candidate must have an M.B.B.S degree from a recognized institution.
Top employers
- AIIMS (All India Institute of Medical Sciences)
- Apollo
- Fortis
- Max
- Columbia Asia
2) Data Scientist
Salary
Data Science offers a salary between 7 – 12 lacs to certified experts even if they have limited or no work experience in the function making it one of the highest-paying jobs in India. Data scientists with 5 years of experience get INR 60 – 70 LPA. Salary ranges between the following range –
Average Data Science Salary
Location | Average Salary Per Year |
Bangalore | ₹19.5 Lakhs |
New Delhi | ₹13.6 Lakhs |
Mumbai | ₹13.2 Lakhs |
Hyderabad | ₹14.8 Lakhs |
Pune | ₹12.8 Lakhs |
Chennai | ₹13.3 Lakhs |
Noida | ₹13.7 Lakhs |
Gurgaon | ₹14.1 Lakhs |
Industry
While many careers have been around forever, data science is a relatively new and buzzing option offering lucrative packages. A big reason for taking up Data Science as a career, there is a 40 percent rise in demand approximately for data scientists since January 2019, and more than 300% since 2013.
The role of a data scientist is one of the best jobs in India, bagging opportunities in some of the highest-paying companies in India for the highest-paying jobs in the world in 2024. The reason for this should be clear, considering everything today is data, and expertise in the science of managing that data is precisely what is required.
Educational Qualification –
- Engineers – BE / BTech (without coding experience)
- Graduates (no programming knowledge)
Skills
- Ability to work with complex formulas (40%)
- An understanding of consumer psychology (25%)
- Business acumen (25%)
- Skilled at programming languages (10%)
Job Profile
A data scientist helps manage and organize a massive amount of data that an organization collects. He gleans actionable insights from that data to drive business decisions that improve profits and customer relationships. Data Scientists have a strong foundation in computer science, programming, mathematics, statistics, and analytics.
Responsibilities of a Data Scientist
- To identify valuable data sources and automate data collection processes.
- To clean and organize both structured and unstructured data.
- To analyze huge volumes of data to extract meaningful trends and patterns.
- To use data visualization techniques for presenting the findings from large datasets.
- To design predictive models and ML algorithms
How to be a data scientist?
Here is the most common and recommended path:
-
- Graduates / Engineers can opt for the Executive PG Program in Data Science, an 11-month program that is offered jointly by upGrad and IIIT-B.
- You can also get a Master’s in Data Science while participating in global competitions held on Kaggle and working on your own projects.
Companies Hiring Data Scientists in India – (3300 Jobs on Naukri / 2700 Jobs on Linkedin)
- Amazon – Hyderabad / Bangalore
- Walmart Labs – Bangalore
- People Interactive – Mumbai
- GreyAtom – Mumbai
- Procter & Gamble – Hyderabad
Considering your next steps after B.Com? Explore the variety of career options after BCom to navigate your future with confidence.
3) Machine Learning Experts
Salary
The average Machine learning engineer annual salary in India is ₹876,859 making it one of the highest paying jobs in India.
Machine learning engineers with less than 1-year experience can earn ₹557,058 per annum. Early-level professionals can expect compensation of ₹769,443. After the machine learning professional gains more experience (10 to 19 years), they earn a whopping ₹2,048,718 per annum.
Python & Deep learning are the skills known to improve the professionals’ average salary.
Bangalore has the most number of openings followed by Delhi/NCR.
32% of the ML jobs from Naukri provide a salary between 6 to 10 LPA & 22% of the ML jobs offer a salary between 10 to 15 LPA.
Source: Payscale, Naukri, Glassdoor
Location
Demand for blockchain developers is higher than their availability in India. This highly demanding job requires expertise and skills that are not readily available. As a result, blockchain developers make it to the list of top 25 highest paying jobs in India. Place of employment determines the value of a skillset, and some Indian cities lead the pack in valuing blockchain developers. Here is a list of major cities and their average annual salary for blockchain developers.
Location | Average Salary Per Year |
Pune | ₹8.7 Lakhs |
Bangalore | ₹9.7 Lakhs |
New Delhi | ₹8.1 Lakhs |
Mumbai | ₹9.8 Lakhs |
Ahmedabad | ₹7.2 Lakhs |
Chennai | ₹8.0 Lakhs |
Hyderabad | ₹8.5 Lakhs |
Industry
Machine Learning (ML) is a branch of artificial intelligence (AI) that is now actively incorporated across industries, including IT, BFSI, retail, transportation, healthcare, education, etc. There is no denying that this is one of the best jobs in India. Although the adoption of ML technology is at a nascent stage in India, the AI and ML market is projected to expand substantially in the near future. The latest stats suggest that investment in the Indian AI sector will grow at a CAGR of 33.49% between 2018-2023 making it one of the most demanding jobs in India.
Educational Qualification
B.E./B.Tech in Computer Science/Mathematics/Statistics/Information Technology or Data Science (if possible). Higher degrees, such as postgraduate or doctorate degrees in similar fields are also highly valued in the industry.
Skills
- Programming in R / Python
- Strong statistical knowledge
- Excellent data modelling and data architecture skills.
- Proficiency in working with ML frameworks such as TensorFlow or Keras.
- Strong written and oral communication translated as the ability to prepare presentations, progress reports, and interactive data visualizations
- Ability to convey complex data into non-technical insights and possible decisions.
Job profile
Data Science & Machine learning is all the rage right now, and they are some of the highest-paid jobs in India, not only in India but also worldwide. Machine learning is an application of AI wherein the system learns and improves on its own without being programmed. Machine Learning jobs are one of the highest-paid jobs in India. Just like the human brain, YES!!!. Machine learning experts are the professionals who build these self-learning systems.
Responsibilities of ML experts
- To perform statistical analysis
- To fine-tune test results
- To train and retrain ML systems
- To work on new ML experiments and projects
- To design ML programs and algorithms and implement them for suitable business requirements.
How to be a Machine Learning expert?
Engineering Graduates, Software & IT Professionals, and Data Professionals with a minimum of 1-year experience or a degree in Mathematics or Statistics are relevant for these jobs. Professionals with decent knowledge and understanding of Machine Learning may apply for the jobs or can take up a course in ML, that will familiarize them with algorithms, R/ Python, probability, statistics, and basics in data science, and ML. upGrad in collaboration with IIIT-B & LJMU offers an Executive PG Program in Machine Learning & AI from IIIT-B and Master of Science in Machine Learning & AI from LJMU which will help professionals to work as Business Analyst, Product Analyst, Machine Learning Engineer or Data Scientist.
Companies Hiring Machine Learning Experts in India – (6700 Jobs on Naukri / 6100 Jobs on Linkedin)
- Accenture – Mumbai
- Zycus – Bangalore
- hCapital Business Consulting – Mumbai
- Quantiphi – Mumbai
- IBM – Bangalore
- ITC Infotech – Gurgaon
4) Blockchain Developer
Salary
The average salary for Blockchain technology in India is Rs. 9,21,938, making it one of the top 25 highest paying jobs in India.
Due to the lack of experienced professionals, organizations offer a handsome payout for the required skills. The excessive & growing demand makes ML experts land one of the highest salary jobs in India as professionals earn up to 45 LPA. Salary ranges between the following range –
Salary
- 0 – 3 Lakhs
- 3 – 6 Lakhs
- 6 – 10 Lakhs (27%)
- 10 – 15 Lakhs (23%)
- 15 – 25 Lakhs (25%)
- 25 – 50 Lakh
A significant gap in the demand and supply of blockchain developers impacts the salary of blockchain developers as out of 2 million software developers in India, only 5K professionals possess blockchain skills.
Location
The demand for blockchain developers is higher than their availability in India. This highly demanding job requires expertise and skills that are not yet readily available. Consequently, with the industry booming, blockchain developers make it to the list of the top 25 highest paying jobs in India. Place of employment determines the value of a skillset, and some Indian cities lead the pack in paying more than others. Here is a list of major cities and their average annual salary for blockchain developers.
Location | Average Salary Per Year |
Pune | ₹8.65 Lakhs |
Bangalore | ₹9.74 Lakhs |
New Delhi | ₹9.07 Lakhs |
Mumbai | ₹8.83 Lakhs |
Ahmedabad | ₹8.21 Lakhs |
Chennai | ₹8.00 Lakhs |
Hyderabad | ₹9.90 Lakhs |
Industry
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 whopping 103.4% throughout 2018, standing at US$ 154.8 million. Between 2019-2025, Blockchain investment is further expected to grow at a CAGR of 47.3%, increasing from US$ 289 million (in 2019) to reach US$ 4,348.3 million by 2025.
Educational Qualification –
B.E./B.Tech in Computer Science/Mathematics/Statistics/Information Technology. Companies prefer candidates having a few years of prior coding experience in popular languages like Java, JavaScipt, C#, C++, and Python.
Skills
- A solid understanding of Blockchain architecture, data structures, and distributed systems.
- Excellent foundational knowledge in Cryptography and decentralized applications (DApps).
- Well-versed in web development and Smart Contract development.
- Good understanding of Blockchain platforms like Ethereum, Hyperledger, Fabric, EOS, etc.
Job Profile
Blockchain is the new revolutionary field and is redefining everything from currency transactions, and internet connectivity, to data security and handling. Blockchain technology cuts out middlemen, reduces costs, and increases speed and reach. It is supposed to usher in greater transparency and traceability. 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.
Blockchain Developers supervise and manage the complete lifecycle of Blockchain applications. They create Smart Contracts, design interactive frontend interfaces of DApps, and build the architecture of Blockchain systems/platforms.
Responsibilities of Blockchain Developers
- To research, design, develop, and test Blockchain apps and systems.
- To evaluate and upgrade applications to keep up with new tools and technologies.
- To maintain and extend the client- and server-side applications.
- To actively participate and be involved in the global Blockchain community.
How to become a Blockchain Developer?
Engineering graduates, IT Professionals, and Data Science Professionals having a strong background in Computer Science/Mathematics/Statistics can apply for Blockchain job roles. The best pathway to enter the Blockchain domain from these mainstream educational backgrounds is to take up a Blockchain certification course.
upGrad offers three fantastic Blockchain courses – Executive PG Program in Blockchain from IIITB, Advanced Certification Program in Blockchain from IIITB, and an Executive Program. As mentioned before, a Blockchain aspirant must be well-versed in a variety of Blockchain tools and technologies and they must possess prior coding experience.
Top employers
- Auxesis
- Primchain
- Signzy
- Sofocle
- SoluLab
- OpenXcell
- Elemential
- MindDeft
5) Full Stack Software Developer
Salary
Entry-level full-stack developers (less than one year of experience) can earn ₹500,858 per annum. Full-stack developers with between 1 to 4 years of experience can earn ₹652,000 per annum. Mid-level developers with 5 to 9 years of experience earn ₹1,575,000 per annum making it one of the top 25 highest-paying jobs in India.
Location
A job’s location directly affects the pay package for any working professional. The same goes for Full Stack Software Developers. Their versatility, flexibility, and expertise put them on the list of the highest-paying jobs in India. Here is a list of the cities which pay top packages to this group.
Location | Average Salary Per Year |
Bangalore | ₹11.73 Lakhs |
Pune | ₹11.04 Lakhs |
Hyderabad | ₹9.98 Lakhs |
Gurgaon | ₹6.72 Lakhs |
Mumbai | ₹6.50 Lakhs |
New Delhi | ₹11.50 Lakhs |
Ahmedabad | ₹6.07 Lakhs |
Chennai | ₹9.89 Lakhs |
Industry
The Indian IT/ITeS industry is projected to grow to US$ 350 billion by 2025, creating around 2.5-3 million job opportunities across the country. This only proves that the demand for Software Developers, including Full Stack Developers is only going to skyrocket in the coming years.
Educational Qualification –
Full-Stack Developers must at least have a bachelor’s degree, either B.E. or B.Tech in Computer Science/Information Science/Information Technology. Plus, they must have a solid foundation in computer programming in languages like Java, Python, C, C++, Ruby, etc.
Skills
- Ability to work in a collaborative environment
- Excellent understanding of both frontend and backend design.
- Good understanding of best software development practices and processes.
- Knowledge of basic design skills and web architecture.
- Knowledge of HTTP and REST protocols.
- Detail-oriented with an eye for aesthetics
- Able to meet tight deadlines
- Fluent in Javascript, HTML, and CSS
Job Profile
Full-stack developers are tasked with the job of creating both the front end and the back end of a software/website i.e. they are both web developers and have a fair understanding of database systems. As web developers, they build the website from the ground up and write the code for it. Full-stack development is one of the highest-paid jobs in India. They work with the website’s appearance, CSS, and HTML and align it with the client’s industry, business, and target audience.
Responsibilities of a Full-Stack Developer
- To develop both the front end and back end of website architecture.
- To design user interactions on web pages.
- To create servers and database functionalities.
- To optimize applications for multiple platforms.
- To design APIs
How to be a full-stack developer
Individuals with Bachelor’s in IT or Computer Science can team it up with online courses about full-stack development including the necessary programming languages. upGrad has an updated program for Full-Stack Development – Executive PG Program in Full Stack Development from IIITB. In this internet era, if you are looking for one of the best jobs in India, full-stack development is one. The course will help them understand, how the backend of a website functions, and the design elements that you need to know. Mix these with internships and projects to build and strengthen your portfolio.
Top employers
- Barclays
- IBM
- Dell
- Siemens
- E2logy
- Simpalm
- ChromeInfotech
6) Product Management
Salary
According to LinkedIn, the average salary of Product Managers in India is Rs. 21,30,000 per annum. Freshers with little or no experience in this domain can earn around Rs. 7-8 LPA, whereas experienced professionals can earn anywhere between Rs. 37 – 36 LPA. The higher range of salaries is mostly offered by companies like Amazon, Flipkart, and Ola, to name a few. Here’s a picture of the average salary range offered by companies in India:
Location
Product management is a coveted position in the job market with some of the largest corporations contributing to its demand growth. It is also one of the most demanding jobs in India. The location of employment is a crucial factor contributing to the size of the pay package of this occupational group. Read on to know which cities have the highest average salary packages to offer!
Location | Average Salary Per Year |
Bangalore | ₹20.00 Lakhs |
Gurgaon | ₹20.00 Lakhs |
Pune | ₹18.00 Lakhs |
Hyderabad | ₹16.00 Lakhs |
New Delhi | ₹15.00 Lakhs |
Chennai | ₹15.00 Lakhs |
Mumbai | ₹13.00 Lakhs |
Kolkata | ₹10.00 Lakhs |
Industry
India’s industrial canvas is expanding rapidly. From IT/ITeS firms, Data Science/Big Data-based companies, FMCG enterprises, retail, and telecom companies every business nowadays follows a customer-centric approach. Thus, product design, development, and management are fast taking the forefront. Naturally, Product Management has emerged as a crucial role in the Indian industry. In the coming years, the demand for Product Managers in India will double up.
Educational Qualification
The basic education qualification required for Product Management roles is a bachelor’s degree in Business Administration or related fields like Economics/Communications/Marketing/Public Relations/Advertising/Management. Usually, firms require advanced educational degrees for senior-level Product Management job roles.
Skills
- Empathy and a keen eye for understanding customer needs
- Collaboration, since the product manager will be working with a variety of divisions
- An eye for aesthetics
- Ability to set deadlines and meet them for prototypes, product manufacture, and delivery
- Excellent oratory and negotiation skills.
Job Profile
In large corporations, product management is a coveted position. The Product Manager is responsible for the strategy, marketing, feature definition, and forecasting of the product or product line among other things. In simpler terms, the product manager is responsible for understanding customer requirements, envisioning the necessary features, and working with the engineering team to build them. If you are looking for jobs with a high salary, consider becoming a product manager, but make sure you have a passion for it. A product manager is one of the highest-paid jobs in India. There are a variety of roles ranging from Associate Product Manager to Chief Product Officer.
Responsibilities of a Product Manager
- To define the product vision, strategy, and roadmap.
- To collect, prioritise, and manage market and customer requirements.
- To develop business cases for new products and enhance existing products.
- Collaborate with engineering, sales, marketing, and support teams to ensure that both business and customer goals are fulfilled.
How to be a Product Manager
More than a professional degree, experience coupled with a specialized course will help you to master this profession. Product managers must have an eye for details and must be well aware of the organizational goals in terms of Product Development. Then you need to see how those goals align with actual customer needs. Product managers must talk to customers regularly and converse with the sales team members who understand the market need. Use the product on a daily basis and get on customer support calls to know the feedback and improve the product accordingly.
For instance, aspirants can opt for upGrad’s Product Management Certification course. This course provides in-depth knowledge on various topics like user design, market research & analytics, product planning, and development.
Top employers
- Microsoft
- Amazon
- Flipkart
- Salesforce
- Uber
- Ola
7) Management Consultant
Salary
According to PayScale, the average salary of a Management Consultant in India is Rs. 13,18,770 per annum. Entry-level Management Consultants usually make around Rs. 6 – 7 LPA while those having a few years of industry experience can earn between Rs. 8 – 11 LPA. For experienced Management Consultants, the salary scale ranges from Rs. 28 – 38 LPA making it one of the highest-paying jobs in India.
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The image below depicts the salary ranges of Management Consultants in different companies:
Location
Management consultants are integral to the efficient functioning of the organization and, as such, are one of the most demanding jobs in India. The pay for this high-paying job will differ based on employment location. We have listed out the best-paying cities for management consultants in India.
Location | Average Salary Per Year |
Gurgaon | ₹23.59 Lakhs |
New Delhi | ₹23.30 Lakhs |
Hyderabad | ₹22.80 Lakhs |
Bangalore | ₹22.71 Lakhs |
Chennai | ₹17.49 Lakhs |
Mumbai | ₹12.00 Lakhs |
Pune | ₹10.00 Lakhs |
Industry
In India, the Management Consulting industry is growing at a CAGR of 30%. The Associated Chambers of Commerce and Industry estimates that the Indian Management Consulting industry will generate Rs. 270 million in revenues. Approximately, there are over 10,000 consulting firms, with around 6,000 firms established in just four metro cities – Mumbai, Delhi, Chennai, and Kolkata.
Educational qualifications
Management Consultants must possess a bachelor’s or master’s degree in business-related fields. Although candidates from all fields can get an entry in Management Consulting, some specializations like Finance, Economics, or Accounting, are preferred. Today, Management Consulting certifications are also gaining acceptance and acknowledgment by many companies.
Skills
- Knowledge of business, finance, economics, mathematics
- Ability to work as part of a team
- Interpersonal and communication skills – oral and written
- Problem-solving skills
- Ability to cope with challenges and pressure
Job Profile
The primary role of management consultants is to help companies solve problems, improve performance, and maximize growth. You’ll be concerned with the strategy, structure, management, and operations of the company.
Responsibilities of a Management Consultant
- To hold meetings with clients to discuss areas of proposed improvements.
- To perform quantitative and qualitative analysis for a proposed solution.
- To present the findings from the analyses before the client.
- To develop and present a plan to implement the recommended changes/solution.
How to become a Management Consultant?
After graduating with a bachelor’s degree in Business Administration/Economics/Finance/Accounting/Management or related areas, the best course is to pursue an MBA program or a PGPM course. After that, candidates usually gain work experience and complete Management Certification courses.
Check out upGrad’s MBA from Deakin Business School, PGDM from BIMTECH to fast forward your career.
A Bachelor’s degree in business, economics, finance, management, or related areas is necessary for most organizations. Some even look for an MBA. You can couple these degrees with relevant work experience to strengthen your CV.
Top employers
- McKinsey & Co.
- KPMG
- PwC
- Accenture
- Deloitte
- Ernst & Young
8) Investment Banker
We have heard so much about this career profile and seen a lot of Hollywood & Bollywood actors play this role. One of the highest paying jobs worldwide, an investment banker helps their client (a bank or a firm) invest their money wisely for the highest possible returns. It has always been one of the best jobs in India, and dealing with money – yours and others – is the stuff of dreams and one of the highest-paying jobs in India.
Salary
The average salary of Investment Bankers in India ranges from 4 – 40 LPA, making it one of the top-paid jobs in India. For freshers, the pay scale begins from 10 – 12 LPA. Mid-career & experienced professionals can earn up to 30 LPA and more, as their experience grows. According to Glassdoor, the salary package for Investment Banker in some of the top companies in India is as follows:
Location
Today, investment banking is among the top 25 best-paying jobs in India. Nonetheless, the salary package you can command will directly be affected by the city or place of your employment. Cities with a high cost of living and demand for investment bankers will translate to a higher pay package. Let’s look at the cities offering the highest packages to investment bankers.
Location | Average Salary Per Year |
New Delhi | ₹20.00 Lakhs |
Pune | ₹20.00 Lakhs |
Mumbai | ₹15.00 Lakhs |
Bangalore | ₹9.00 Lakhs |
Chennai | ₹8.00 Lakhs |
Hyderabad | ₹10.00 Lakhs |
Gurgaon | ₹15.00 Lakhs |
Noida | ₹14.00 Lakhs |
Industry
India boasts of a diverse banking and financial services network that’s continuously expanding, thanks to the rapid growth of existing financial institutions and new players entering the industry. This has been one of the best jobs in India for years now. The investment banking sector in India is also growing steadily. In 2019 (H1CY19) investment banking activities brought in a revenue of US$ 522.9 million, recording an increase of 10.8% over the same period in 2018.
Educational Qualification
Investment Bankers must at least hold a bachelor’s degree in Finance/Economics/Mathematics/Business Administration or related subjects. If they have a master’s degree in any of these specializations, it is even better.
Check out upGrad’s MBA from Deakin Business School or finance-focused MBA from O.P.Jindal University to upskill yourself.
Skills
To become an investment banker, you need to
- Be very good with statistics/calculations
- Have strong research and analytical skills since you’ll be making suggestions about potential investments.
- Be on your toes, at all times. After all, in addition to being one of the highest-paying jobs in India, it is also a fast-paced one.
- Have strong verbal, communication, and presentation skills since that is what most of your job will entail – convincing people or firms to invest in certain domains.
Job Profile
Investment Banking is a high-demand career in India. Professionals who specialize in Finance from reputed institutions like IIM select this as a career option. One of the highest paying jobs worldwide, an Investment Banker helps their client (a bank or a firm) invest their money wisely for the highest possible returns. It is one of the highest-paid jobs in India. It has always been one of the best jobs in India, and dealing with money – yours and others – is the stuff of dreams.
Investment Bankers offer a host of financial services proprietary trading, trading securities, assisting in mergers and acquisitions (M&As), and helping their clients raise money in capital markets by issuing debt or selling equity in the companies.
Responsibilities of Investment Bankers
- To develop different types of financial models for debt and equity valuation for mergers, acquisitions, and capital-raising transactions.
- To advise clients on unique investment opportunities and recommend product offerings, private equity transactions, and mergers and acquisitions.
- To develop relationships with new and existing clients.
How to be an Investment Banker?
Most students opt for an MBA (Finance) and then specialize in IB. However, the best option is to go for an MBA in Digital Banking & Finance. If, instead of a degree, you are looking for a skills-based approach, then in India, one of the best places for learning these skills is The Wall Street School, Delhi offers a course is to make trainees job-ready, and hence, a practical approach is followed. The sessions which are held over 6 weeks feel like corporate training and not a classroom, and they take great pains to ensure that all their students are placed.
Top employers
- Goldman Sachs
- JP Morgan Chase
- Citibank
- Deutsche Bank
- HSBC
- Axis Capital Ltd.
- ICICI Securities Ltd.
- IDBI Capital
9) Chartered Accountant
Salary
Starting from Rs. 6-7 LPA, the salary of a CA can rise up to 30 LPA or more with average salary being Rs. 11 Lakhs, depending on the expertise and experience making it one of the top 25 highest paying jobs in India.
International salaries can go as high as Rs. 75 LPA. Chartered Accountants with experience of 3 – 4 years are paid in the range of 8 to 12 lakhs. Listed below are a few companies that hire CAs and their pay scale:
Location
Being a Chartered Accountant will put you in the top 25 high-paying jobs in India. While as a CA, you will earn a high pay package, being located in some cities will guarantee better pay than in other places. Here is a list of Indian cities with high salary packages for CAs.
Location | Average Salary Per Year |
Bangalore | ₹11.63 Lakhs |
Kolkata | ₹9.44 Lakhs |
Gurgaon | ₹9.03 Lakhs |
Chennai | ₹9.99 Lakhs |
Mumbai | ₹11.78 Lakhs |
New Delhi | ₹10.69 Lakhs |
Hyderabad | ₹10.57 Lakhs |
Pune | ₹11.32 Lakhs |
Industry
Chartered Accountants are members of the ICAI (Institute of Chartered Accountants of India), the only national accounting body in India. In 2018, the number of CAs in the country stood at about 2.82 lakhs. At present, India faces a huge shortage in this industry. For the 6.8 crore taxpayers in the country, there are only 1.25 lakh full-time practitioners.
However, since the number of taxpayers in India continues to grow every year, the demand for CAs also increases each year. From large corporations to small companies, CAs are hired by a wide range of firms to serve as financial advisors.
Educational qualifications
Commerce graduates and postgraduates having a minimum of 55% marks and intermediate level passed students of the Institute of Company Secretaries of India and Institute of Cost Accountants of India can pursue the Intermediate course offered by ICAI. Graduates/postgraduates in other disciplines can also pursue ICAI’s CA course, however, their minimum cut-off percentage is 60%.
Skills
- Strong communication skills to convey complex financial aspects to your clients in an easy-to-understand manner.
- Awareness about the industry he/she is working in to be able to clients effectively.
- Strong numerical and analytical skills to be able to work with numbers and make effective decisions based on them.
Job Profile
CAs work in every industry and provide financial expertise for managing money well. They provide accountancy, tax, and audit services to clients and help you to understand things like the GST reform, any change in taxation policies, or salary-related issues.
Responsibilities of a Chartered Accountant
- To maintain accounts and prepare financial statements.
- To implement accounting systems and processes.
- To prepare monthly financial reports.
- To reconcile income statements.
- To perform auditing and taxation services.
How to become a Chartered Accountant?
The CA course is regulated by The Institute of Chartered Accountants of India (ICAI), New Delhi. It has 4 important levels:
- Common Proficiency Test
- Integrated Competence Professional Course
- 3 years article ship/ training under a practising CA
- CA Final
More details can be found on ICAI Website
Top employers
- Standard Chartered
- Deloitte
- KPMG
- Ernst & Young
- BDO International
- Grant Thornton International
10) Marketing Manager
Salary
According to PayScale, the salary of a Marketing Manager in India is Rs. 12,41,976 per annum. Entry-level professionals generally earn around Rs. 4 – 6 LPA, whereas mid-level professionals with some experience make anywhere between Rs. 10 – 12 LPA. Experienced managers earn higher salaries, nearing around Rs. 15 – 22 LPA making it one of the Top 25 highest salary jobs in India.
Below is a depiction of the average salaries of Marketing Managers in different companies in India:
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Location
Marketing Manager is one of the most demanding jobs today, making it one of the highest-paying jobs in India. The job of a Marketing Manager is valued everywhere, but they are in high demand in certain major cities in India. It ensures they get a very competitive pay package. Here is a list of cities that pay the highest salary packages to Marketing Managers.
Location | Average Salary Per Year |
Bangalore | ₹11.30 Lakhs |
Gurgaon | ₹11.00 Lakhs |
Mumbai | ₹10.72 Lakhs |
New Delhi | ₹10.22 Lakhs |
Chennai | ₹10.92 Lakhs |
Pune | ₹9.48 Lakhs |
Kolkata | ₹8.68 Lakhs |
Hyderabad | ₹11.55 Lakhs |
Industry
Marketing is one of the core elements of every business in any industrial sector. Thanks to rapid digitization and technological advancement, the marketing industry is growing by leaps and bounds. For example, India’s Digital Marketing industry will exceed INR 225 billion by the end of 2020, producing over 20 lakh jobs. An increasing number of companies hire Marketing professionals who can add value to the organization.
Educational qualifications
Marketing Managers must have a bachelor’s degree in Marketing Management or Business Administration. However, candidates specializing in other domains like Accounting/Finance/Business Law/Economics/Statistics can also become Marketing Managers. Anyone who has advanced degrees like a master’s degree or MBA is highly preferred.
Skills
- Effective communication and interpersonal skills.
- Strategic planning and problem-solving skills.
- Team spirit and collaborative attitude.
- Leadership and management skills.
- Excellent sales and negotiation skills.
Job profile
Marketing Managers work across all parallels of the industry, including software/IT, automotive, finance, retail, manufacturing, etc. They collaborate with product development teams to design innovative products and solutions that align with company objectives and customer demands.
Responsibilities of a Marketing Manager
- They conduct research, analyze the market demand, set pricing strategies, identify a target audience, and choose the most suitable channels to reach the audience.
- They create brand awareness through appropriate marketing strategies like e-mails, newsletters, contests, celebrity endorsements, etc.
- They choose and implement a host of marketing strategies, tools, and software to accomplish sales goals.
- They monitor, evaluate, and measure the success/failure of different marketing campaigns and strategies.
How to Become a Marketing Manager?
The pathway to becoming a Marketing Manager is by first earning a bachelor’s degree in Marketing/Management or other related fields. The next step is to gain a few years of working experience (entry-level roles) to understand the basic requirements of marketing job roles. Finally, aspirants can get an MBA degree in marketing or management. upGrad offers two top-notch certification courses in this domain – MBA from Deakin Business School, BIMTECH PGDM.
Top employers
- IBM
- Amazon
- Flipkart
- TCS
- Tata Motors
- Vodafone
- Airtel
Check out Top 10 Highest Paying Jobs in the World
11) Software Architect
Salary
If you ask which job has highest salary in India, the most common answer you will hear is a software architect. Software architects is one of the high paying jobs in India where you can expect a high average salary of approximately ₹31 Lakhs per annum.
The pay scale for software architects can vary depending on factors such as experience, expertise, and the employer. Senior software architects often earn significantly more, with annual packages ranging from ₹13 Lakhs to ₹50 Lakhs, making it among the top 25 highest salary jobs in India.
Location
The location of employment for these high paying jobs in India can influence the salary of software architects. Major IT hubs like Bangalore, Hyderabad, and Pune offer higher salaries compared to other cities. Here’s a glimpse of highest paid salary in India for software architects in some prominent cities:
Location | Average Salary Per Year |
Bangalore | ₹35.2 Lakhs |
Mumbai | ₹36.6 Lakhs |
Chennai | ₹25.8 Lakhs |
Pune | ₹29.2 Lakhs |
Hyderabad | ₹27.6 Lakhs |
Gurgaon | ₹35.1 Lakhs |
Noida | ₹31.0 Lakhs |
New Delhi | ₹29.1 Lakhs |
Industry
Software architects play a pivotal role in the IT industry, making it the highest paid job in India. They are in high demand across various sectors, including software development companies, finance, healthcare, and e-commerce. The rapid growth of the IT sector in India ensures a continuous demand for skilled software architects and occurrence of some of the highest paying jobs in the industry.
Educational Qualification
To become a software architect, candidates typically need a bachelor’s degree in computer science, information technology, or a related field. Many software architects also pursue master’s degrees to enhance their qualifications. Additionally, gaining relevant certifications can boost career prospects. All this expertise and knowledge makes software architects highest paying jobs in computer science field in India.
Skills Required to Get the Highest Salary Jobs in India
- Expertise in software development and programming languages.
- Strong problem-solving and analytical skills.
- Excellent communication and teamwork abilities.
- Architectural design and system integration skills.
- Knowledge of emerging technologies and trends.
Job Profile
Being the highest paid job in India, software architects are responsible for designing the overall structure of software systems. They create technical blueprints, define coding standards, and ensure that software projects align with business goals. They collaborate with development teams, oversee the implementation of software solutions, and address technical challenges.
How to Become a Software Architect and Get High Paying Jobs?
- Obtain a bachelor’s degree in computer science or a related field.
- Gain practical experience by working as a software developer or engineer.
- Acquire expertise in software design principles and architecture.
- Consider pursuing advanced degrees or certifications in software architecture.
- Build a strong portfolio showcasing your architectural projects.
If you wish to pursue trending technologies, you can opt for certification courses in data science, machine learning, business analytics, and blockchain. Some of the best online programs in these new-age domains include Master of Science in Computer Science, Full Stack Development etc.
Highest Paying Companies in India
- Tata Consultancy Services (TCS)
- Infosys
- Wipro
- Tech Mahindra
- Cognizant
12) Artificial Intelligence (AI) Engineer
Salary
Artificial Intelligence (AI) engineers in India enjoy competitive salaries, with an average annual package ranging from ₹6 Lakhs to ₹15 Lakhs. Senior AI engineers with extensive experience can earn well above ₹25 Lakhs. The field of AI continues to grow, and with it, the demand for skilled engineers, making it one of the top 25 highest salary jobs in India.
Location
AI engineers often receive the highest paying jobs in major technology hubs such as Bangalore, Hyderabad, and Pune.
Industry
AI engineers are in high demand across various industries, including healthcare, finance, e-commerce, and automotive. Hence, AI engineering is among the highest paying jobs in computer science field in India. The application of AI in these sectors drives the need for skilled professionals who can design and implement AI solutions.
Educational Qualification
To become an AI engineer, a bachelor’s degree in computer science, data science, or a related field is typically required. Advanced degrees such as a master’s or Ph.D. in artificial intelligence or machine learning can enhance career prospects. Certifications in AI and machine learning technologies are also valuable.
Skills Required to Get the Most Demanding Jobs in India
- Proficiency in programming languages like Python and R.
- Strong understanding of machine learning algorithms and deep learning frameworks.
- Data analysis and data preprocessing skills.
- Knowledge of natural language processing (NLP) and computer vision.
- Problem-solving and critical thinking abilities.
Job Profile
AI engineers are responsible for developing AI models and algorithms to solve complex problems. They work on projects such as natural language processing, image recognition, and recommendation systems. AI engineers collaborate with data scientists and domain experts to implement AI solutions tailored to specific applications.
How to Become an AI Engineer and Get the Best Jobs?
- Obtain a bachelor’s degree in computer science or a related field.
- Gain expertise in machine learning and AI through coursework and projects through upGrad.
- Build a portfolio of AI projects and contributions to open-source AI initiatives.
- Stay updated with the latest advancements in AI technologies and attend conferences and workshops.
- Consider pursuing a master’s or Ph.D. in AI for in-depth knowledge.
The Master of Science in ML and AI offered by upGrad, in collaboration with LJMU and IIITB, provides students with hands-on experience, bridging the gap between academic theories and real-world applications. This comprehensive course equips aspiring machine learning engineers with the essential skills and industry insights, paving their way to spearhead innovative AI-driven solutions in the professional realm.
Highest Paying Companies in India
- Microsoft
- IBM
- Amazon
- Adobe
13) IT Manager
Salary
For those seeking the answer to the question – what is the highest paying job, don’t be surprised to hear IT manager. IT managers in India earn competitive salaries, with an average annual package of 16 lakhs per annum. Experienced IT managers can command higher salaries, often exceeding 30 LPA. The IT industry’s growth ensures a steady demand for skilled IT managers.
Location
The location of employment can significantly affect IT managers’ salaries. Major IT hubs like Bangalore, Pune, and Hyderabad offer higher compensation packages compared to other cities. Here’s a glimpse of highest salary jobs in India per month for IT managers in prominent cities:
Location | Average Salary Per Year |
Bangalore | ₹15.9 Lakhs |
Gurgaon | ₹13.6 Lakhs |
Mumbai | ₹13.0 Lakhs |
New Delhi | ₹11.3 Lakhs |
Hyderabad | ₹14.3 Lakhs |
Pune | ₹13.6 Lakhs |
Chennai | ₹14.3 Lakhs |
Noida | ₹12.2 Lakhs |
Industry
IT managers play a crucial role in various industries, including IT services, finance, healthcare, and manufacturing. They oversee IT operations, ensure the security of systems and data, and contribute to the strategic planning of technology initiatives.
Educational Qualification
To become an IT manager, candidates typically need a bachelor’s degree in computer science, information technology, or a related field. Many IT managers also pursue master’s degrees in IT management or business administration (MBA) to enhance their qualifications.
Skills
- Leadership and team management abilities.
- Strong technical knowledge and problem-solving skills.
- Project management expertise.
- Strategic thinking and decision-making capabilities.
- Excellent communication and interpersonal skills.
Job Profile
IT managers are responsible for overseeing an organization’s IT infrastructure, including hardware, software, and networks. They lead IT teams, manage projects, and ensure that technology aligns with business goals. They also play a critical role in cybersecurity and data protection.
How to Become an IT Manager and Get the Best Jobs?
- Obtain a bachelor’s degree in computer science or a related field.
- Gain experience in IT roles, such as systems administrator or network engineer.
- Develop leadership and project management skills.
- Consider pursuing a master’s degree or MBA for career advancement.
- Stay updated with emerging technologies and industry trends.
- Pursue certifications in Software Engineering courses from upGrad.
Highest Paying Companies in India
- Infosys
- TCS
- Accenture
- IBM
- HCL Technologies
14) Petroleum Engineer
Salary
So, which engineering has highest salary in India? Petroleum engineers in India enjoy substantial salaries, with an average annual package ranging from ₹4 Lakhs to ₹24 Lakhs. Experienced petroleum engineers, especially those working in the oil and gas industry, can earn higher salaries, often exceeding 25 LPA.
Location
The location of employment significantly impacts petroleum engineers’ salaries. Regions with active oil and gas exploration, such as Mumbai, Gujarat, and Assam, tend to offer higher compensation packages.
Industry
Petroleum engineers play a pivotal role in the oil and gas industry, contributing to exploration, drilling, and production activities. India’s growing energy needs ensure a steady demand for skilled petroleum engineers.
Educational Qualification
To become a petroleum engineer, candidates typically need a bachelor’s degree in petroleum engineering or a related field. Some universities in India offer specialized programs in petroleum engineering. Obtaining relevant certifications can also enhance career prospects.
Skills Required to Get the Highest Salary Jobs in India
- Proficiency in reservoir engineering and drilling techniques.
- Strong knowledge of geology and oilfield equipment.
- Problem-solving and analytical abilities.
- Health and safety awareness in oil and gas operations.
- Effective communication and teamwork skills.
Job Profile
Petroleum engineers are responsible for designing and optimizing techniques for extracting oil and natural gas from underground reservoirs. They evaluate drilling sites, manage drilling operations, and ensure the efficient production of hydrocarbons.
How to Become a Petroleum Engineer
- Obtain a bachelor’s degree in petroleum engineering or a related field.
- Gain practical experience through internships or entry-level positions in the oil and gas industry.
- Develop expertise in reservoir simulation and production optimization.
- Consider obtaining certifications from organizations like the Society of Petroleum Engineers (SPE).
- Stay informed about industry trends and technological advancements.
Highest Paying Companies in India
- Reliance Industries Limited (RIL)
- Oil and Natural Gas Corporation (ONGC)
- Bharat Petroleum Corporation Limited (BPCL)
- Hindustan Petroleum Corporation Limited (HPCL)
- Essar Oil
- Adani
- Cairn
Check out Top 10 Highest Paying Jobs after 12th
15) Financial Analyst
Salary
Financial analysts in India can expect competitive salaries, with an average annual package ranging from ₹3 Lakhs to ₹12 Lakhs. Experienced financial analysts, especially those working in investment banking and asset management, can earn higher salaries, often exceeding 20 LPA.
Location
Financial analysts’ salaries can vary based on their location. Major financial hubs like Mumbai and Delhi offer higher compensation packages compared to other cities. Here’s a glimpse of the highest monthly salaries for financial analysts in select Indian cities:
Location | Average Salary Per Year |
Bangalore | ₹6.0 Lakhs |
Gurgaon | ₹6.9 Lakhs |
Mumbai | ₹5.8 Lakhs |
New Delhi | ₹6.1 Lakhs |
Hyderabad | ₹6.2 Lakhs |
Pune | ₹5.4 Lakhs |
Chennai | ₹5.9 Lakhs |
Noida | ₹5.9 Lakhs |
Industry
Financial analysts work in various industries, including banking, investment, corporate finance, and insurance. They analyze financial data, assess investment opportunities, and provide valuable insights to support financial decision-making.
Educational Qualification
To become a financial analyst, candidates typically need a bachelor’s degree in finance, economics, accounting, or a related field. Many financial analysts pursue professional certifications such as Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA) to enhance their qualifications.
Skills Required to Get the Most Demanding Jobs in India
- Proficiency in financial modeling and data analysis.
- Strong understanding of financial markets and investment strategies.
- Excellent quantitative and analytical skills.
- Effective communication and presentation abilities.
- Attention to detail and critical thinking.
Job Profile
Financial analysts evaluate financial data, conduct market research, and prepare reports to help organizations make informed financial decisions. They assess investment opportunities, manage portfolios, and provide recommendations for improving financial performance.
How to Become a Financial Analyst
- Obtain a bachelor’s degree in finance, economics, or a related field.
- Gain relevant experience through internships or entry-level positions.
- Pursue professional certifications like CFA or CPA to enhance expertise.
- Develop proficiency in financial analysis software and tools.
- Stay updated with financial trends and market developments.
If you decide to become a financial analyst, upGrad’s Master of Business Administration (MBA) can work as the ideal course for you. Teachings are provided by renowned professors of the Liverpool Business School with specializations in finance, marketing, operations, strategy, and leadership. Starting from 31st January 2022, the course lasts for 18 months, bringing a varied range of learnings and opportunities.
Highest Paying Companies in India
- Goldman Sachs
- Morgan Stanley
- J.P. Morgan Chase
- HDFC Bank
- ICICI Bank
16) Legal Professionals (Lawyers)
Salary
If you are searching the internet with the question – which job has highest salary in India, don’t be surprised when one of the answers pop up to be ‘legal professionals.’ Legal professionals, including lawyers in India, earn competitive salaries, with an average annual package ranging from ₹6 Lakhs to ₹20 Lakhs. Experienced lawyers with established practices can command higher incomes, often exceeding 20 LPA.
Location
The location of practice can significantly influence lawyers’ earnings. Legal professionals in major metropolitan areas like Delhi, Mumbai, and Bangalore tend to earn higher fees and salaries compared to those in smaller towns and cities.
Location | Average Salary Per Year |
Bangalore | ₹9.3 Lakhs |
New Delhi | ₹4.6 Lakhs |
Mumbai | ₹9.8 Lakhs |
Hyderabad | ₹11.5 Lakhs |
Pune | ₹4.5 Lakhs |
Chennai | ₹7.5 Lakhs |
Noida | ₹8.6 Lakhs |
Gurgaon | ₹8.7 Lakhs |
Industry
Lawyers work across various industries, including corporate law, litigation, criminal law, and intellectual property. Their expertise is essential for legal representation, dispute resolution, contract drafting, and compliance.
Educational Qualification
To become a lawyer in India, candidates typically need to complete a five-year integrated undergraduate program (LLB) after their 12th standard. After obtaining an LLB degree, they can enroll in a bar council to practice law. Many lawyers also pursue further specialization through master’s degrees (LLM) or gain expertise in specific areas of law.
Skills
- Strong legal research and analytical skills.
- Effective communication and negotiation abilities.
- Advocacy and courtroom skills.
- Attention to detail and the ability to interpret complex legal documents.
- Ethical and professional conduct.
Job Profile
Lawyers provide legal advice to clients, represent them in court, draft legal documents, and negotiate on their behalf. They may specialize in various areas of law, such as criminal law, civil litigation, corporate law, or family law.
How to Become a Lawyer
- Complete a five-year integrated LLB program or a three-year LLB program after graduation. Or get LLM Degrees from top law schools through upGrad.
- Enroll in a state bar council and pass the All India Bar Examination (AIBE).
- Gain practical experience through internships and clerkships.
- Specialize in a specific area of law through further education or practice.
- Build a strong network and reputation in the legal community.
Highest Paying Companies in India
- Top law firms in India (e.g., Amarchand & Mangaldas & Suresh A Shroff & Co., Cyril Amarchand Mangaldas, AZB & Partners)
- Corporate legal departments of major companies
- Government legal services
- Judiciary (judicial services)
17. Psychiatrist
Salary
In India, psychiatrists can earn an average annual salary between ₹1 lakh to ₹20 lakh with average salary being 10 Lakh, with variations influenced by experience and location. Metropolitans often offer higher remuneration due to demand, while rural areas may have lower salaries.
Location
Psychiatrists are in high demand throughout India, with opportunities spanning urban and rural regions. Major metropolitan areas such as Delhi, Mumbai, Bangalore, and Chennai tend to offer higher salaries to psychiatrists due to the elevated cost of living and increased demand for mental health services in these densely populated cities.
Location | Average Salary Per Year |
Bangalore | ₹9.4 Lakhs |
Gurgaon | ₹8.6 Lakhs |
Mumbai | ₹9.2 Lakhs |
New Delhi | ₹8.4 Lakhs |
Hyderabad | ₹8.9 Lakhs |
Pune | ₹8.0 Lakhs |
Chennai | ₹8.6 Lakhs |
Lucknow | ₹7.2 Lakhs |
Industry
Psychiatrists typically find employment in the healthcare and medical sector, often practicing privately or within hospitals and clinics. They diagnose and treat mental health disorders, offering vital services to patients.
Educational Qualification
Becoming a psychiatrist in India involves completing an MBBS degree, followed by a postgraduate specialization in psychiatry (MD or DNB). This educational journey typically spans 5.5 to 6.5 years, equipping individuals with the necessary medical knowledge and psychiatric expertise.
Skills
- Strong communication skills
- Empathy
- Patience
- Deep understanding of psychology
- Proficiency in mental health issues
Job Profile
Psychiatrists play a vital role in diagnosing and treating mental health disorders, employing various approaches like therapy, medication, or a blend of both. They conduct comprehensive patient assessments, offer counseling and therapy sessions, and diligently track individuals’ progress towards improved mental well-being.
How to Become a Psychiatrist
To become a psychiatrist, complete an MBBS degree and a postgraduate specialization in psychiatry (MD or DNB) in India. This typically entails 5.5 to 6.5 years of education, equipping you with the necessary medical and psychiatric expertise for the profession.
Highest Paying Companies in India
- Obtain a Bachelor of Medicine, Bachelor of Surgery (MBBS) degree, which takes approximately 5.5 years.
- Pursue a postgraduate degree in psychiatry (MD or DNB), typically a 3-year program.
- After completing your education and training, acquire a medical license from the state medical council.
- Begin your career as a psychiatrist, offering diagnosis and treatment for mental health disorders in private practice or medical institutions.
Highest Paying Psychiatrist Companies in India
- Established private hospitals like Apollo Hospitals, Fortis Healthcare, and Max Healthcare offer competitive salaries for psychiatrists.
- Specialized mental health clinics or centers dedicated to psychiatric care often provide well-compensated opportunities.
- Teaching hospitals and medical colleges hire psychiatrists as faculty members or researchers.
18. Aerospace Engineering
Salary
Aerospace engineers in India have a wide salary range, with annual earnings spanning from ₹1.1 lakh to ₹30 lakh or higher with average being Rs. 16.8 lakhs. Their income is influenced by experience and the specific employer they work for in this dynamic and evolving field.
Location
Aerospace engineering opportunities are predominantly concentrated in cities with thriving aerospace and defense sectors, notably Bangalore, Hyderabad, and Pune. These urban hubs host numerous aerospace companies, research institutions, and government organizations, offering many career prospects.
Location | Average Salary Per Year |
Bangalore | ₹15.4 Lakhs |
Noida | ₹12.9 Lakhs |
Mumbai | ₹11.0 Lakhs |
New Delhi | ₹19.3 Lakhs |
Hyderabad | ₹15.2 Lakhs |
Pune | ₹10.8 Lakhs |
Chennai | ₹9.3 Lakhs |
Nagpur | ₹11.0 Lakhs |
Industry
Aerospace engineers find employment in the aerospace and defense industry, working for entities like ISRO (Indian Space Research Organisation), HAL (Hindustan Aeronautics Limited), and private aerospace corporations. They play integral roles in diverse projects, from space exploration to advancements in military aviation.
Educational Qualification
A bachelor’s degree in aerospace engineering is the minimum requirement for entry into the field. However, to enhance career prospects and specialize, many pursue master’s or higher degrees in aerospace engineering or related disciplines.
Skills
- Strong Analytical Skills
- Attention to Detail
- Knowledge of Engineering Software
- Familiarity with Aerospace Technologies
- Continuous Learning
Job Profile
Aerospace engineers hold a crucial position in designing, creating, and testing aircraft, spacecraft, and their interconnected systems. They concentrate on vital aspects, including aerodynamics, propulsion technology, cutting-edge materials, and structural design, aiming to guarantee the safety, efficacy, and optimal performance of aerospace vehicles.
How to Become an Aerospace Engineer
- Get a bachelor’s degree in aerospace engineering or a related field.
- Seek internships or entry-level positions to build practical knowledge and skills.
- Consider pursuing a master’s or Ph.D. for specialization and better career prospects.
- Stay updated on aerospace technologies and industry trends through professional development and certifications.
Highest Paying Companies in India
- Indian Space Research Organization (ISRO): Known for its space exploration projects.
- Hindustan Aeronautics Limited (HAL) is a leading aerospace and defense company providing competitive compensation packages.
- Private Aerospace Companies (e.g., Boeing and Airbus): These global giants offer attractive salaries to aerospace engineers, aligning with international standards.
19. Real Estate Developer
Salary
Real estate developers’ annual earnings can exhibit substantial fluctuations, spanning from ₹2.0 lakh to ₹35 lakh or even higher, contingent upon the scope and triumph of their ventures, reflecting the dynamic and lucrative nature of the industry.
Location
Lucrative real estate development prospects abound in India’s major cities and burgeoning urban regions. These areas offer diverse opportunities for developers to capitalize on the country’s expanding urbanization and evolving property market, catering to the growing demand for residential and commercial spaces.
Industry
Real estate developers operate within the real estate and construction sector, overseeing property development and construction ventures. They manage all aspects of a project, from concept and planning to execution and marketing.
Educational Qualification
While a bachelor’s degree in civil engineering, architecture, or business is common among real estate developers, practical experience and networking play pivotal roles in achieving success in this industry.
Skills
- Efficient planning, execution
- Strong deal-making abilities
- Financial acumen is crucial
- Informed decision-making is essential
Job Profile
Real estate developers play a multifaceted role, starting with identifying promising investment opportunities. They acquire land, arrange necessary financing, and then meticulously manage the development process, culminating in the successful sale or rental of properties.
How to Become a Real Estate Developer
- Begin with a bachelor’s degree in civil engineering, architecture, or business to gain foundational knowledge.
- Seek internships or entry-level real estate or construction industry positions to gain hands-on experience.
- Cultivate a strong professional network within the industry, connecting with brokers, investors, contractors, and other stakeholders.
- Develop a deep understanding of finance, including property financing, budgeting, and risk management.
- Begin with smaller projects to gain experience and credibility, gradually progressing to larger and more complex developments as expertise and resources expand.
Highest Paying Companies in India
Real estate developers usually operate independently or establish their own development firms. This entrepreneurial approach allows them to undertake projects based on their vision, expertise, and market opportunities, making listing specific companies unnecessary.
20. Construction Manager
Salary
Construction managers in India can command diverse annual salaries, typically ranging from ₹4.8 lakh to ₹36 lakh or exceeding, contingent upon the intricacy and magnitude of construction projects they oversee. This reflects the dynamic nature of the industry.
Location
Opportunities for construction managers abound in Indian cities and regions with continuous construction and infrastructure initiatives. These locales provide a thriving landscape for construction managers to leverage their skills and expertise in project planning and execution.
Location | Average Salary Per Year |
Bangalore | ₹16.3 Lakhs |
Noida | ₹15.2 Lakhs |
Mumbai | ₹17.1 Lakhs |
New Delhi | ₹16.6 Lakhs |
Hyderabad | ₹17.0 Lakhs |
Pune | ₹15.9 Lakhs |
Chennai | ₹18.0 Lakhs |
Ahmedabad | ₹16.1 Lakhs |
Industry
Construction managers operate within the expansive construction and infrastructure sector, encompassing a wide spectrum of residential, commercial, and civil engineering projects. They orchestrate project planning, resource allocation, and execution for successful project completion.
Educational Qualification
Aspiring construction managers commonly pursue a bachelor’s degree in construction management, civil engineering or a related discipline. However, career advancement often hinges on practical experience and acquiring relevant certifications, reflecting the importance of hands-on knowledge and industry-specific credentials.
Skills
- Efficient project management skills
- understanding and collaboration among team members
- Ability to make make critical decisions
- Identify and address challenges swiftly
Job Profile
Construction managers are pivotal in construction projects, overseeing the entire lifecycle from initial planning and budgeting to execution and successful completion. They effectively coordinate teams, meticulously manage budgets, and ensure strict adherence to safety and regulatory requirements, ensuring project success.
How to Become a Construction Manager
- Get a bachelor’s degree in a relevant field such as civil engineering, construction management, or architecture to gain essential knowledge.
- Start with entry-level positions in construction or related roles to build hands-on experience.
- To enhance your credentials, consider pursuing industry certifications like the Certified Construction Manager (CCM) or Project Management Professional (PMP).
- Build a strong professional network within the construction industry to access job opportunities and stay updated on industry trends.
- Seek construction manager positions, starting with smaller projects
Highest Paying Companies in India
- Many work for renowned firms like Larsen & Toubro (L&T), Shapoorji Pallonji, managing various construction projects.
- Opportunities exist in government bodies such as NHAI (National Highways Authority of India), overseeing public infrastructure projects making it one of the highest salary jobs in indian government
- Some join construction consulting firms, providing expertise to multiple clients.
21. Hotel General Manager
Salary
Hotel general managers in India have a wide salary range, typically earning between ₹ 0.2 Lakhs to ₹ 35 or higher annually with average being Rs. 15.8 Lakhs. Factors like hotel size and reputation significantly influence their compensation, reflecting their responsibilities and experience
Location
Opportunities for hotel general managers abound in India’s major cities and popular tourist destinations. These diverse locations offer varied experiences and career growth prospects within the hospitality industry.
Location | Average Salary Per Year |
Bangalore | ₹19.5 Lakhs |
Gurgaon | ₹17.1 Lakhs |
Mumbai | ₹33.0 Lakhs |
New Delhi | ₹15.0 Lakhs |
Hyderabad | ₹72.2 Lakhs |
Pune | ₹19.3 Lakhs |
Chennai | ₹18.1 Lakhs |
Lucknow | ₹16.2 Lakhs |
Industry
Hotel general managers play pivotal roles in India’s thriving hospitality and tourism industry. They lead operations in diverse settings, ranging from opulent luxury hotels to tranquil resorts and charming boutique establishments. Their expertise ensures exceptional guest experiences and contributes to the success of these businesses.
Educational Qualification
To become a hotel general manager in India, a bachelor’s degree in hotel management or a related field is typically required. However, extensive practical experience in the hotel industry, often gained through various roles and positions, is equally crucial for career advancement to this managerial position.
Skills
- Leadership Skills
- Customer Service Skills
- Financial Management Skills
- Marketing Skills
Job Profile
Hotel general managers have a multifaceted role, overseeing staff recruitment and training, ensuring top-notch guest services, formulating marketing strategies, and closely monitoring financial performance. Their holistic approach ensures the hotel’s success and guest satisfaction.
How to Become
- Get a bachelor’s degree in hotel or hospitality management.
- Work your way up in various roles to gain experience.
- Consider advanced degrees and certifications.
- Attend industry events and join associations.
- Seek assistant manager or department head positions
- Aim for the top role overseeing all hotel operations.
Highest Paying Companies in India
Luxury hotel chains in India, such as Taj, Oberoi, and Marriott, are known for offering lucrative compensation packages to experienced general managers. These companies prioritize top-tier talent to ensure exceptional guest experiences, which is reflected in their competitive salaries and benefits, making them some of the highest paying employers in the hospitality industry.
22. Judge
Salary
In India, judges’ salaries differ according to court hierarchy and experience, spanning from approximately ₹2.5 lakh to ₹2.8 lakh per month. This disparity reflects the judicial system’s tiered structure and recognizes the significance of experience in determining compensation.
Location
Judges in India play crucial roles in diverse courts such as district courts, high courts, and the Supreme Court. They dispense justice at different levels, ensuring that legal matters are addressed comprehensively and fairly across the nation’s judicial landscape.
Industry
Judges are pivotal figures in the legal and judicial sector, responsible for upholding and interpreting the law. Their role involves impartially applying legal principles to resolve disputes, protect individual rights, and maintain societal order. They play a crucial role in ensuring justice, fairness, and the rule of law in a democratic society.
Educational Qualification
To become a judge, one typically needs a law degree (LLB) and relevant legal experience. Aspiring judges often start as lawyers, gaining expertise in various aspects of the law before pursuing judicial roles. Additionally, passing competitive judicial exams is often required for selection and appointment.
Skills
- Profound knowledge of the law, statutes, and legal precedents
- Judges must remain unbiased and objective
- Effective evaluation of complex legal arguments, evidence, and case details
- The ability to decipher and apply legal principles and precedents
Job Profile
Judges play pivotal roles in legal proceedings, presiding over cases, listening to arguments, rendering judgments, and safeguarding the equitable administration of justice, thereby upholding the rule of law and maintaining societal order.
How to Become a Judge
- Get a law degree (LLB) through a recognized institution.
- Build experience as a lawyer, typically for several years.
- Qualify in competitive judicial service exams.
- Get appointed to a judicial position, starting at a lower court and potentially advancing to higher levels.
Highest Paying Companies in India
- Supreme Court of India
- High Courts
- Government of India
- Private Sector Arbitration
23. Pilot
Salary
In India, commercial pilots can earn annual salaries varying from 0.2 Lakhs to ₹ 64.0 Lakhs with average beting Rs. 36.5 Lakhs,contingent on factors such as the type of aircraft they operate (e.g., regional, international), years of experience, and additional certifications or roles within the aviation industry.
Location
Opportunities for commercial pilots are abundant in major Indian cities with airports and aviation hubs like Delhi, Mumbai, and Chennai. These urban centers offer extensive career prospects, including airline employment, cargo operations, and pilot training institutes, due to their prominent aviation infrastructure.
Type of Company | Average Salary Per Year |
Fortune 500 | ₹55.0 Lakhs |
Government | ₹44.1 Lakhs |
Conglomerate | ₹36.7 Lakhs |
Government | ₹28.9 Lakhs |
Industry
Commercial pilots are integral to the aviation industry, operating aircraft to transport passengers or cargo for airlines. They ensure safe and efficient air travel while adhering to rigorous safety protocols.
Educational Qualification
Aspiring pilots usually pursue a Commercial Pilot License (CPL) program at aviation academies. This comprehensive curriculum encompasses both practical flight training and theoretical
coursework, equipping them with the necessary skills and knowledge for a career in aviation.
Skills
- Exceptional flying skills, including takeoffs, landings, and navigating various weather conditions.
- Quick, precise decision-making in emergencies and complex scenarios.
- Effective communication with air traffic control and crew members for safe operations.
- The ability to remain calm under high-stress conditions, ensuring passenger and aircraft safety.
Job Profile
Commercial pilots assume the responsibility of operating aircraft, guaranteeing the safety, comfort, and well-being of passengers or cargo throughout their journeys. Their duties encompass managing flight systems, adhering to safety protocols, and navigating diverse conditions to ensure a smooth and secure travel experience.
How to Become a Pilot
- Obtain a high school diploma or equivalent.
- Enroll in a flight school, complete PPL training, and pass the exams.
- Acquire additional training for flying in adverse weather with instruments.
- Complete CPL training, flight hours, and exams.
- Obtain specific aircraft type ratings if necessary.
- Fulfill ATPL requirements, including flight hours and exams.
- Apply to airlines or cargo companies for pilot positions.
Highest Paying Companies in India
Major airlines in India like Air India, IndiGo, and SpiceJet offer competitive salaries to experienced commercial pilots.
24. Cybersecurity Analyst
Salary
Fraud cases are up 70% since 2020. Hence, the demand for cybersecurity analysts has emerged significantly. Cybersecurity analysts in India can command annual salaries ranging from ₹ 2.6 Lakhs to ₹ 11.0 Lakhs or higher, contingent on their experience, specialized skills, and the increasing demand for robust cybersecurity measures in the country’s public and private sectors.
Location
Cybersecurity jobs are abundant across diverse industries in India, with significant opportunities in tech-centric cities like Bangalore, Pune, and Hyderabad. IT, finance, healthcare, and e-commerce industries consistently seek cybersecurity experts to safeguard digital assets and data privacy.
Location | Average Salary Per Year |
Bangalore | ₹6.0 Lakhs |
Gurgaon | ₹5.9 Lakhs |
Mumbai | ₹5.7 Lakhs |
New Delhi | ₹6.2 Lakhs |
Hyderabad | ₹6.0 Lakhs |
Pune | ₹6.2 Lakhs |
Chennai | ₹5.6 Lakhs |
Noida | ₹5.5 Lakhs |
Industry
Cybersecurity analysts are integral to the information technology and cybersecurity sector, tasked with protecting digital assets and data. They employ advanced strategies and technologies to mitigate cyber threats, ensuring sensitive information’s integrity, confidentiality, and availability.
Educational Qualification
A bachelor’s degree in cybersecurity, computer science, or related fields is a common educational background for aspiring cybersecurity analysts. Valuable certifications, such as Certified Information Systems Security Professional (CISSP), further enhance their qualifications and validate their expertise in the field.
Skills
- Expertise in securing computer networks
- Ability to identify and assess potential security threats
- Proficiency in responding swiftly and effectively to security incidents
- Familiarity with a wide range of Cybersecurity Tools
- Knowledge of cybersecurity regulations and policies
Job Profile
Cybersecurity analysts are responsible for monitoring and safeguarding an organization’s computer systems and networks. They proactively defend against cyber threats, encompassing hacking attempts, malware infections, and potential data breaches, ensuring the integrity and security of digital assets.
How to Become a Cybersecurity Analyst
- Obtain a bachelor’s degree in cybersecurity, computer science, or a related field.
- Acquire proficiency in network security, programming, and cybersecurity tools.
- Earn industry-recognized certifications like CISSP, CompTIA Security+, or Certified Ethical Hacker (CEH).
- Gain practical experience through internships, entry-level IT roles, or cybersecurity positions.
- Showc your skills and accomplishments to potential employers
- Connect with professionals in the cybersecurity field to expand opportunities.
Apart from that, a certified course can also help you take your candidature up a notch. Advanced Cyber Security Programme by upGrad is one such splendid certificate course. Offered by IIIT-B, this course can be an exceptional addition to make you stand out from the crowd and present you with lucrative opportunities!
Highest Paying Companies in India
- Multinational corporations require cybersecurity expertise to protect data across borders.
- IT companies and multinationals handle sensitive client information, making cybersecurity paramount.
25. Marketing Director
Salary
In India, Marketing Directors’ annual salaries vary widely, typically ranging from Rs.8.9 Lakhs to Rs.98.5 Lakhs. Compensation is influenced by factors like company size and industry, with larger firms often offering higher pay packages for these strategic leadership roles.
Location
It is one of the highest paid job in India with diverse marketing opportunities, spanning numerous industries and regions. Metropolitan areas, in particular, offer a significant concentration of such roles, providing professionals with a rich landscape of career prospects and networking possibilities.
Location | Average Salary Per Year |
Bangalore | ₹48.4 Lakhs |
Gurgaon | ₹54.6 Lakhs |
Mumbai | ₹47.8 Lakhs |
New Delhi | ₹45.1 Lakhs |
Hyderabad | ₹44.1 Lakhs |
Pune | ₹34.2 Lakhs |
Chennai | ₹42.2 Lakhs |
Kolkata | ₹36.9 Lakhs |
Industry
Marketing Directors are pivotal in the realms of marketing and advertising, guiding and supervising marketing teams to formulate and execute innovative strategies that drive business growth. Their leadership is instrumental in shaping a company’s brand, visibility, and success.
Educational Qualification
Common qualifications for Marketing Directors include a bachelor’s degree in marketing, business, or any related field. Additionally, many professionals pursue part-time MBA from upGrad to gain advanced knowledge and skills, enhancing their competitiveness and readiness for top leadership roles in marketing.
Skills
- Marketing Directors must lead and inspire their teams
- They should possess strong analytical skills
- Proficiency in online marketing channels
- Excellent communication skills are essential
- The ability to analyze marketing metrics and KPIs
Job Profile
Marketing Directors play a pivotal role in supervising the creation and implementation of marketing campaigns, brand building, and promotional strategies, all aimed at catalyzing and sustaining business expansion and success.
How to Become a Marketing Director
- Obtain a bachelor’s degree in marketing, business, or a related field.
- Gain several years of experience in marketing roles, progressively taking on leadership responsibilities.
- Build a professional network within the marketing industry.
- Consider pursuing an MBA for advanced knowledge and career advancement.
- Seek Marketing Director positions and showcase your qualifications and achievements.
- Stay updated on marketing trends and technologies.
- Find mentors who can provide guidance in your marketing career journey.
Highest Paying Companies in India
- Virtusa Consulting Services
- Swiggy
- Droom
- Zee Entertainment Enterprises Director Marketing
Factors That Affect Salary and Compensation
Financial stability is a key factor to maintain a good quality of life and secure your future. Knowledge of factors that influence salary and compensation in India can help you chart your career accordingly and land top-grade jobs in lucrative fields.
Years of experience
Typically, the higher your industry experience, the higher will be your management of IT salary in India. Professionals with over 10 years of work experience earn more remuneration than those below 10 years. If a position calls for 8 years of experience and if you are unable to meet that criterion, you will most likely find yourself on the lower end of the pay scale.
- For instance, an entry-level software engineer with experience of less than a year will fetch a package of ₹499,998.
- A budding (early-level) software engineer with an experience between 1 to 4 years will earn a compensation of ₹627,153.
- A mid-level software professional with an experience between 5 to 9 years will receive a package of ₹1098,888.
- A highly experienced software professional with over 10 years of experience will receive a package of ₹1,567,954.
Location
Location plays a key role in determining the package of an individual. Companies located in major cities often pay more than those in tier-2 cities and towns. This is because of the huge volume of business that happens in cities compared to smaller towns.
For instance, IT professionals in Bangalore, and Karnataka earn a package that is 23.5 % more than the national average.
Below is a list of cities and their comparison with the national average salary.
- Gurgaon, Haryana: 21.9% more than the national average
- New Delhi, Delhi: 15.5% more than the national average
- Chennai, Tamil Nadu: 9.5% less than the national average
- Mumbai, Maharashtra: 5.9% less than the national average
- Pune, Maharashtra: 1.7% less than the national average
Educational Qualification
There should be a good match between your education and the educational requirement of the job you are applying for. This way, you can find yourself on top of the pay scale. Also, the institution from where you graduate plays a key role in your remuneration. Earning a degree from renowned institution impacts your salary scale positively while getting you opportunities to bag the highest-paid jobs in the world.
A Master’s degree attracts a better package than a bachelor’s degree from the highest paying companies in India. Most companies prefer postgraduates over undergraduates.
- A Master of Technology (MTech) in India can fetch you a salary of INR 871 k per year.
- A Bachelor of Technology (B.Tech) in India earns a package of INR 703 k per year.
- A doctorate in Technology will fetch a whopping INR 1 million per year.
Conclusion
These are the top 25 highest paying jobs in India – that will help you grow financially / that will be in demand. The above list clearly illustrates how a high salary package is independent of the industry in which one works. The opportunity for good, jobs with high salaries exists in every sector. We hope you liked our highest-paid jobs in India list. One only needs to be clear about their goal, know which path to take, and preserve in order to make the best of that opportunity to find the most demanding jobs in India.
Blockchain simplifies data management and adds greater security to the information. It helps in maintaining statistical transparency in systems like streaming platforms. The technology also bridges the gap between collaboration and data control. Blockchain provides accurate, authenticated, and secure transactions; it goes hand-in-hand with the supply chain. Another feature of Blockchain is its immutable transparency. The technology is also very beneficial in providing the facility of data privacy where every consumer is in control of their own identity and data. It will impact how businesses manage data.
Data science has a bright future ahead. Companies are looking for professionals with skills in the given field. With technological advancements and artificial intelligence ruling the world, the data science industry is flourishing and has a great scope in the coming future. It is the generation of Big Data that is surging the demand for data scientists by companies worldwide. The evolving technology has surged my career in the field of data science. A data scientist is a saviour for companies as they face challenges in analysing and categorising the data that is collected and stored. There are millions of tons of data which is generated every day, as this data production is on the rise, the demand for data scientists is also rising at a CAGR of 26.9% from 2020 to 2027.
Hard skills are the job-related skills and abilities that employees need in order to perform their job duties efficiently and effectively. Soft skills, on the other hand, are personal qualities that help employees grab growth opportunities. Hard skills are job-specific and are relevant to each position. Soft skills are general characteristics that are relevant to the personality of an individual. Employees develop hard skills through education, training, and experiences on the field, while soft skills are learned through various professional and personal experiences throughout their lifetime.
In India, some of the highest paying jobs for women include roles in software engineering, data science, and investment banking. Other lucrative fields are corporate law, management consulting, and medical specializations such as gynecology and cardiology. Additionally, jobs in emerging tech sectors like artificial intelligence and blockchain technology also offer high salaries. These roles not only provide excellent compensation but also opportunities for professional growth and development. Where is the Blockchain technology used?
Does the data science industry see a bright future?
What is the difference between soft skills and hard skills?
What are the highest paying jobs in India for women?