Top 10 highest paying jobs in India
So, the ultimate moment of a student’s journey is upon you – the time when you pick a career for yourself. Ideally, your career would play to your strengths, abilities, and skills. This way, you won’t feel stuck or unhappy in a job that doesn’t suit you and burns you out.
But what if you want to know more about all the options out there before committing? Or you have multiple career options and need to decide which would be better for you? Maybe you just want to be sure about the career you’ve chosen for yourself. Whatever the case is, ProTeen has got your back and will guide you to the right answer!
So here are some insights into the world of the highest-paying jobs in India! And remember, this list is simply meant to guide you and give you some insights into the world of careers that awaits you! In the end, no one career is better than another! So, choose wisely!
1. Chartered Accountants
Probably the most popular choice for commerce students, Chartered Accountants are accounting professionals who have been certified by a statutory body as qualified to handle matters relating to accounting and taxation of a business, such as filing tax returns, auditing financial statements and business practices, keeping investment records, and preparing and reviewing financial reports and documents. While it isn’t easy to become a qualified professional, this field is one of the highest-paying professions in the country.
Pay Scale of Chartered Accountants
Entry level – INR 8 lakhs per annum.
Experienced – INR 25 lakhs per annum.
2. Medical Professionals (Doctors and Surgeons)
Medicine and Healthcare refer to the prevention, diagnosis, treatment, recovery, or cure of disease, sickness, injury, and other physical and mental disabilities. Doctors, surgeons, and nurses are the most well-known healthcare workers, but it is a very broad sector. For Doctors and Surgeons, specialization is vital and combined with experience drastically increases the money involved.
Pay Scale of Doctors and Surgeons
Average salary for doctors –
Entry level – INR 6 lakhs per annum.
Experienced – INR 18 lakhs+ per annum.
Average salary for general surgeons –
Entry level – INR 7–12 lakhs per annum.
Experienced – INR 20-45+ lakhs per annum.
3. Data Scientist
Data Science is a relatively new but greatly in-demand field, making it one of the most promising career options around right now. Simply put, a Data Scientist is a professional who aims to collect, analyse, and interpret the massive amounts of data present in an organisation. In today’s digital world, data is the king as it determines the trends and requirements of any business no matter the field. From manufacturing to cybersecurity to aviation and business, the scope for data scientists is only bound to increase.
Pay Scale of Data Science
Entry level – INR 5 – 7 lakhs per annum.
Experienced – INR 18-22 lakhs per annum.
4. Product Management
Across businesses and industries, a customer-centric approach is currently the most favoured option, whether it is in IT, retail, or FMCG corporations. With companies increasingly looking to highlight the customer’s perspective in their offerings, product management has greatly risen in importance. Responsible for identifying the needs of the customer and the business goals that a particular product will achieve, product managers with their eye for detail and aesthetics are the ones who turn this vision into reality by developing successful marketing and strategy. In short, product managers are coveted positions in any successful corporation.
Pay Scale of Product Management
Entry level – INR 7-8 lakhs per annum.
Experienced – INR 17-26 lakhs per annum.
5. Artificial Intelligence/Machine Learning Experts
Machine Learning is an increasingly popular branch of Artificial Intelligence that is gaining importance across a wide variety of industries. A machine learning expert is a professional who specialises in developing algorithms that can “learn” from or adapt to data and predict outcomes. With AI inputs, the aim is to create machines, which are capable to record, learn and analyse the stored data. Thanks to the current explosion of data in every industry, this is a profession that will continue to grow.
Pay Scale of Machine Learning Experts
Entry level – INR 5-6 lakhs per annum.
Experienced – INR 19+ lakhs per annum.
6. Management Consultant
A management consultant’s primary role is to assist businesses in solving problems, increasing productivity, and maximising growth. Responsible for a company’s strategy, structure, management, and operations, management consultants are sought after in a wide range of sectors and across private and public institutions too.
Pay Scale of Management Consultants
Entry level – 6-7 lakhs per annum.
Experienced – 17-26 lakhs per annum.
7. Full-Stack Software Developer
Software developers have always been in demand in India. Full-stack software developers are experts at developing both the front and the back end of software. They are also capable of developing a website from the ground up, hence, the demand for this role is extremely high.
Pay Scale of Software Developer
Entry level – INR 3-5 lakhs per annum.
Experienced – INR 13+ lakhs per annum.
8. Investment Banker
Investment banking is widely recognised as one of the highest-paying jobs in the world. Individuals who work as investment bankers assist corporations, organisations, and clients in managing and growing their financial assets. They assist businesses in making sensible judgments when it comes to investing their assets to increase the value of their holdings. Investment bankers must have a thorough understanding of market trading operations and successful securities. Based on this knowledge, they can assist a customer in making better judgments when it comes to investing their money in the market, such as stock or securities purchases. If a deep interest in finance and financial services appeals to you, this globally sought-after career might be the right calling for you.
Pay Scale of an Investment Banker
Entry level – 5-10 lakhs per annum.
Experienced – 25+ lakhs per annum.
9. Lawyer
A career as a lawyer involves helping people deal with legal issues that impact either their personal or business interests. Lawyers are responsible for contracts, legal documents, and defending cases in court. Most careers in law require extensive work collecting facts and information while others involve defending cases in court. Law students will specialise in a specific type of law, for example, tax law, corporate, or criminal law. A lawyer is seen as a highly prestigious career in India.
Pay Scale of Lawyer
Entry level – 4-10 lakhs per annum (Depending on college and specialisation).
Experienced – 15-25+ lakhs per annum (Depending on specialisation).
10. Marketing Manager
A marketing manager handles the marketing of a business or product and develops and executes marketing strategies to meet consumer needs and maximise profits. They can be responsible for several services or products or oversee a single product. Marketing managers need to have outgoing, gregarious, and spontaneous personalities. They also need to be highly focused, detail-oriented, and very conscientious of meeting budget restraints and timelines.
Pay Scale of Marketing Managers
Entry level – 3-6 lakhs per annum.
Experienced – 15-22 lakhs per annum.
Conclusion
These careers are some of the highest-paying options available to students in India today. Keep in mind, your salary in any career won’t be set in stone and will be dependent on a variety of factors. There are more than 600+ careers today that can be the right one for you, so exploration and career awareness is key.
For all the information you need to pick the right career for you, ProTeen is here to guide you to your ideal career fit. Just head to the ProTeen website and register today! ProTeen provides personalised guidance that covers everything a young student needs to navigate the modern career world. From helping you discover your true strengths, finding the right career fit for you, and even guiding you to the best colleges available, ProTeen and our career experts are on hand to resolve any queries and guide you to your dream career!