India is projected to have the third-largest economy in the world by 2022. With this growth comes an increase in demand for the highest-paying jobs in India. It’s also no surprise that many high-paying jobs are available in such a vast and populated country.
The saying goes, “Money can’t buy happiness”, but in reality, it can help make life much more comfortable. Indian youth know that very well! And that’s certainly why there’s always a search for a career that will pay wonders. This blog will help with that search.
In this blog, we’ll be looking at the top 10 highest-paying jobs in India. Keep reading!
Medicine
Medical jobs like those of doctors and surgeons are among the highest salary jobs in India. This is due to the extensive training and expertise required to work in this field. Medical professionals are in high demand due to the growing population and the increasing prevalence of chronic health conditions.
While most people typically think of doctors when they think of high-paying jobs in India, other medical professions also offer competitive wages. These include pharmacists, nurses, and physician assistants.
- The average salary of healthcare professionals in India is 10LPA (approx.)
- The average salary of a General Surgeon in India is 11LPA (approx.)
Investment Banking
The high salaries of investment bankers are due to the nature of their work. They are responsible for raising company capital and providing clients with financial advice.
With the Indian economy expected to continue growing at a rapid pace, investment banking is expected to be one of the most lucrative industries in the country.
A study found that investment bankers earn an average annual salary of ₹2,93,741 with the highest salary ranging up to ₹25,20,000.
Data Science
Data scientists are in high demand in India, and the trend is only expected to continue in the coming years. Businesses increasingly rely on data to make decisions, so they need experts who can collect, analyze, and interpret this data.
Data scientists are uniquely qualified for this task, and their skills are in hot demand. In fact, data science was recently named one of the highest-paying jobs in India for 2022. Salary levels will vary depending on experience and location, but data scientists can expect to earn a very good income.
The average base pay of Data Scientists in India is ₹11L /yr.
Engineering
India is experiencing an economic boom, and as a result, there is a growing demand for skilled workers. Engineering is one of the most in-demand fields, and it is expected to become even more popular in the coming years.
The highest-paid engineers specialize in areas such as artificial intelligence, big data, and cloud computing.
The average base pay of Engineers in India is ₹6,00,000 /yr with the highest salary ranging as much as 2 lac per month.
Chartered Accounting
As the Indian economy continues to grow, so does the demand for skilled professionals. Chartered Accountants have some of the best jobs in India and are in high demand by both local and multinational companies.
The role of a chartered accountant is to provide financial advice and support to clients. They are responsible for ensuring that the financial statements of their clients are accurate and follow regulatory requirements.
The average base pay of a Chartered Accountant in India is ₹9,00,000/yr.
Management Consulting
Management consultants are in high demand due to the continued growth of the Indian economy and the increasing complexity of businesses. They provide valuable advice and guidance on strategic and operational issues and help organizations to achieve their goals, making it one of the most attractive career options in the country. If one has the skills and qualifications required for this demanding role, then a career in management consulting could be very rewarding.
The average base pay of a Management Consultant in India is ₹11,49,770/yr.
Full Stack Software Developing
A full-stack software developer is a professional who can develop and manage both the front and back ends of a software application. The front end consists of the graphical user interface (GUI) that allows users to interact with the software. In contrast, the back end handles the more technical aspects such as database management and security. Full-stack developers are in high demand due to their ability to manage both sides of the software development process.
The average base pay of a Full Stack Developer in India is ₹6,06,000 /yr
Machine Learning
India has been known as a leading country in the field of Information Technology. After all, the country is home to some of the world’s largest IT service companies. However, in recent years, India has also emerged as a major player in the field of machine learning. As machine learning becomes more prevalent, demand for machine learning experts is also on the rise.
The average base pay of a Machine Learning expert in India is ₹9,00,000 /yr
Aviation
With the rapid growth of the aviation industry in recent years, it comes as no surprise that aviation services are among the highest-paying jobs in India. Aviation services include a wide range of jobs, from pilots and flight attendants to air traffic controllers and aircraft maintenance technicians. The demand for qualified candidates is expected to continue to grow in the coming years, making it an excellent career choice for those looking for stability and high earnings potential.
The salary range for Aviation Services ranges from 3 lacs to 8 lacs/ month.
Business Analysis
Business analysts typically have a background in accounting or finance, and their deep understanding of data makes them uniquely qualified to help organizations make better decisions.
With businesses across India seeking talented professionals, there has never been a better time to enter this exciting field.
The average base pay of a Business Analyst in India is ₹7,70,000 /yr
Parting Words
While many of the jobs on this list are in line with global trends, there are a few unique entries that reflect India’s growing economy and burgeoning middle class. With an ever-growing population and an increasingly tech-savvy workforce, India is poised to take over as the world’s leading economic power in the next decade.
Are you excited about the prospect of these highest-paying jobs in India? If so, start preparing yourself today! If you need help funding your certifications for such a career, visit Piramal Finance. Get easy and customised credit card and personal loan solutions from their website today.