A well-paid job is the goal, isn’t it? Who would not want to land a great paycheck every month after a rigorous year of studying and preparing? With India’s radical economic growth and the coming of globalisation in the past few years, long gone are the days of a lack of technology and advancement.
India is now a developing country with not only a great job market in the public and private sectors but also with greater salary packages. But nothing comes easy; to acquire such high-paid jobs, one needs to be eligible and qualified enough to fight this competitive battle.
But then comes the great set of dilemmas for job seekers out there! Where do I start? What job should you pick up according to your stream? What are the qualifications required? What is the scope? What’s the pay like? The list of questions seems never-ending!
Don’t worry! We have gotten you through your process of finding your dream job with a selection of the top 10 highest-paid jobs in India.
India’s Highest-Paying Jobs
- Data Scientist
- Software Developer
- AI Engineer (stands for Artificial Intelligence)
- Chartered Accountant
- Data Engineer
- Blockchain Developers
- Software Architect
- Investment Banker
- Management Consultant
- Marketing Manager
With tremendous technological advancement in the last few years, data science is one of the highest-paid jobs in India today. With a rise of 62% in the field, data science has seen a promising boom in the job market in India.
Job Description: The job profile requires you to deal with the analysis of an organization’s data and thereafter provide expertise on the challenges and problems the company might face.
Data science requires analysing and solving problems through extensive research and technical skills. The job requires you to have a strong foundation in computer science, mathematics, statistics, and programming.
Qualification: Aspirants should have a basic degree in any of the fields of STEM (science, technology, engineering, and math), or a degree in data science or computer science will do.
If planning to study further, a master’s degree such as an MBA (MBA in Data Science and Data Analytics) or M.Tech (Master of Technology in Data Science and Artificial Intelligence) will give a kick-start to a fabulous career ahead!
Salary: A data scientist’s starting salary ranges between $7,000 and $15,000 per year, plus benefits. In the current scenario, the average salary of a data scientist ranges between Rs. 8 and 10 lakhs per annum.
Data scientists with an experience of 5 years or more are paid 60–70 lakhs per annum, making it one of the highest-paid jobs in India.
Top companies to work with: Microsoft, Amazon, Airbnb, Genpact, LinkedIn, Flipkart, etc.
Just like in any other field of science and development, software developers are highly paid engineers who are known for designing and developing software and applications. Software developers also design powerful mobile devices, desktop computers, and other technologically advanced software and programmes.
Job Description: Software developers are required to produce and monitor the coding and operations for the software and look into the technicalities and the overall design and development of the software.
Qualification: Aspirants should pursue a specialisation in or related field in both graduation and post-graduation.(BTech and MTech in software development.)
Students can also choose their specialisation in master’s programmes like Java Developers, Game Developers, Mobile App Developers, etc.
To get admitted into top colleges for the same, aspirants should appear for entrance exams like GATE, JEE Mains, JEE Advanced, BITSAT, etc.
Salary: Software developers are quite well paid, with a starting salary varying between 5-8 LPA. Experienced developers could earn up to 2 lakhs per month.
Best placements: Meta, Google, Microsoft, Adobe, Amazon, Barclays, Dell, IBM, etc.
Artificial Intelligence (AI) Engineer:
Artificial intelligence is a newcomer on the block and has seen tremendous growth in the industry, with more and more people pursuing a career in this dynamic field. With an ever-growing demand, AI engineers are paid handsomely, along with perks and a promising career.
Job Description: AI engineers are required to design and develop AI-powered applications and programs. They are supposed to look over the whole developmental process and every minute detail by applying machine learning algorithms and software coding. Other responsibilities that come along are result assessment and solution programming for issues if any.
Qualification: Aspirants should hold a graduate degree in a B.Tech. or B.Sc. program. Then they can move on to a master’s in a specialised course in artificial intelligence. Other certificate courses in related fields can build you a strong resume.
Salary: Artificial intelligence is a booming industry, and people working in the field are handsomely paid with a base starting salary of 12–15 LPA. An experienced AI engineer is paid around 35 LPA.
Top placements: DataToot, H2O, IBM, Innowise, Hatchworks Technology, etc.
A well-paid job in the commerce field that can never go out of sight or mind. Chartered accountants are the backstage heroes for any and every field of work and are thus considered to be one of the oldest and highest-paid jobs in India.
Job Description: A CPA is an accounting expert who handles the financial part of a business and related matters. Their job profile requires them to handle taxes, file tax returns, maintain financial records, conduct financial audits, etc.
Qualification: To become a CA, aspiring candidates should have a bachelor’s degree or a master’s degree in any of the commerce fields with a minimum of 55% marks.
Aspirants should clear the various levels of the course regulated by the Institute of Chartered Accountants of India (ICAI) to become practising chartered accountants.
Salary: Finance accountants are paid handsomely, with a starting package of a minimum of 7-8 lakhs per annum depending on the firm they are working for. Experienced chartered accountants are earning up to 60–70 LPA.
Best firms to work with: Deloitte, PWC, KPMG, Ernst & Young, BDO International, Lodha & Co., etc.
Data Engineering is somewhat similar to Data Science, and usually, these fields of science are codependent on each other. Data engineering is regarded as the primary step in the field and works with scientists to analyse the whole process.
Job Description: Data engineers work along with data scientists and analysts and help in procuring data from different resources, optimising the same for management, and generating further data. They build the pipeline, analyse the raw material, and help in collating all the facts and figures. They work as the primary step in data analysis and help with data transparency.
Qualification: Similar to data science, aspirants are required to hold a degree in any field of STEM (science, technology, engineering, and math) or data science.
A master’s in a specialisation course like M.S. in Data Engineering can boost your chances of landing a great package.
Salary: A data engineer’s starting salary is $5 LPA. The average salary varies between 8 and 10 LPA, and an experienced professional earns 20 LPA easily.
Best Companies: EMC, Alteryx, Cogito, VMware, Splunk, Microsoft, etc.
Blockchain is the newest thing happening in the IT world and has been rapidly adopted by organisations and companies in the field. And this sudden surge has led to a huge market for blockchain developers globally. Blockchains use applications such as HyperLedgers, Ripples, and Ethereum to maintain a peer network of secure ledgers and provide top-tier cyber security for data storage and online transactions.
Job Description: Blockchain requires an aspirant to develop and maintain blockchain platforms and protocols. They are also accountable for the development of smart contracts and interactive designs for Dapps.
There are two types of blockchain technology developers out there:
1) Core blockchain developer: They are responsible for developing the structure of a blockchain and its protocol.
2) Blockchain software developers: They are responsible for building decentralised applications that run on blockchain technology.
Qualification: Aspirants must have a bachelor’s degree in computer science or mathematics from a recognised institute and, apart from the degree, should be well experienced in cryptography, networking, and knowledge of various programming languages like C++, Java, and Python.
Salary: A blockchain developer’s starting salary is around Rs. 3-4 lakhs per annum (PA). An average salary for a blockchain developer is around 8–10 LPA. Rates go as high as 45 LPA for experienced blockchain developers.
Best Companies: IBM, Accenture, Kellton Tech, Infosys, QBurst, etc.
Software architects are the guiding forces in the process of software development. These professionals structure the process, lay out the prerequisites for the entire team’s assistance based on the client’s needs and desires, and aid in the communication process between the developers and the client.
Job Description: Software architects are required to determine the tools and technology used for software development. Software architects require broad technical knowledge and programming skills to manage the development process.
Qualifications: Aspirants should study science in their 10th grade, in addition to available computer and programming courses. Later, it’s important to pursue a bachelor’s in technology or computer application. M.Tech. and certificate courses will surely add an edge to your profile.
Salary: Freshers usually start with a base salary of 9–10 LPA. An annual salary for software architects is 22 LPA, and 32 LPA for experienced software architects.
Best Companies: Intel, McAfee, EPAM, Cisco, etc.
Investment banking is one of the highest-paying jobs in the finance and commerce fields. Investment banks underwrite new debt and organise large financial transactions for all types of corporations, helping with mergers and acquisitions and brokering trades for institutions and private investors.
They guide the placement of stocks and markets. They also help companies issue initial public offerings.
Job Description: Investment bankers help to raise capital for companies, governments, and other entities. They are corporate financial guides who also help you with financial advice on where to invest money for the most profitable return.
Qualification: A bachelor’s degree in finance or economics is important to study further in the field, followed by a master’s in finance or an MBA. One should acquire good communication skills and have a thorough knowledge of the market.
Salary: An investment banker is paid quite extraordinarily, with a starting salary of 10–12 LPA, whereas an experienced investment banker is paid around 38–40 LPA.
Best Companies: HSBC Securities and Capital Markets, JP Morgan India, Goldman Sachs, ICICI Securities, IDBI Capital Market Services, etc.
Consulting firms and professionals who are trained in management are hired to resolve compelling issues that are hampering the growth of an organization. These consultants are trained in every sphere of management to understand a problem better and work toward developing a better business clientele.
Job Description: A management consultant has to utilise their business and organisational skills to analyse issues, manage them, and strategize to resolve them for better growth and improvement in an organization. A consultant is required to have great communication, management, and problem-analysis skills.
Qualification: An aspiring consultant should hold a bachelor’s degree in any field although a bachelor’s in business administration or economics will be more helpful.
What comes next is very important! A master’s degree programme in a related field from a top-notch institution will guarantee a huge package by the end of your academic journey. There are a few entrance exams, such as the CAT, CMAT, XAT, SNAP, and GMAT, through which one can try to get into a good university for their master’s degree.
Salary: A management consultant has offered a starting salary of Rs. 60–70 thousand monthly, depending upon the university you did your master’s at and the company you got placed in. An average starting salary of an IIM passes our figures around 40-45 LPA.
Best Companies: PwC, McKinsey & Co., Bain & Co., Deloitte, etc.
Yes, an innovative business idea is a key to success, but what’s more important is how you sell your product in the market. That’s where a marketing manager steps in.
With the advancement of technology and digitalization, businesses have begun to recognise the critical importance of marketing as a key to a thriving business!
Job Description: Marketing managers are the people who strategize every step of the selling and marketing of services or products. In a nutshell, a marketing manager relieves public anxiety and dissatisfaction via announcements and commercials, guaranteeing their organization’s integrity. They work with other team members to produce ad campaigns that are both simple and complex.
Qualification: Key requirements for a marketing manager are as follows:
- a degree in marketing, business administration, advertising, or any related field.
- a good knowledge of the various aspects of marketing, which includes brand marketing, public relations, content management, digital marketing, and performance marketing.
Salary: The average annual salary of a marketing manager in India is 7 lakhs.
Top companies to work with: Amazon, IBM, Google, Microsoft, Dell Technologies, Salesforce, Oracle, and Cisco Systems.
FAQs on Top 10 Highest-Paying Jobs in India
What is the highest-paying job in India for girls?
More and more women are pursuing great careers in the field of management. Management comes naturally to women after decades of conditioning, and now women are turning this natural skill into a livelihood. To pursue it, one must specialise in a management course or opt for an MBA. Management consultants are well paid, with a starting salary of 70–80 thousand dollars monthly.
What are some of the easy jobs with high salaries in India?
Working hard will always get you better results than putting in the least effort in any field of life. Similarly, every job requires some experience to be competitive. However, compared to mainstream jobs and the degrees they require, things like content writing, digital marketing, and event management can easily be learned and provided with healthy salaries.
What are some of the highest-paying jobs in India in the IT sector?
Below are a few of the many jobs that are available in the IT sector that pay well:
1) IoT Solutions Architect: INR 30.5 LPA
2) Cloud Architect: INR 20 LPA
3) AI/ML Architect: INR 22.5–28.8 LPA
4) Data Scientist: INR 10.5 LPA
5) AR/VR Developer: INR 9.6 LPA
6) Big Data Engineer: 7.7 LPA
7) Machine Learning Engineer: 7.2 LPA
8) Blockchain Developer: 6.5 LPA
9) Full Stack Developer, 6.5 LPA
10) DevOps Engineer, 6 LPA
What are some of the highest-paying jobs in India for art students?
Being a marketing consultant is one of the highest-paying jobs in India in the arts field, with the average salary being INR 7 LPA. However, with experience and knowledge of skills, this number can go up to INR 10 LPA as well.
Management offers some of the highest-paying jobs in India for art students, which can help you earn around INR 20 LPA on average.
Digital marketing managers in India earn INR 5.3 LPA on average and are one of the highest-paying jobs for an arts-based student.
Which is the highest-paying private job in India?
The selection of your career choice depends not only on your academic background and the degrees you hold but also on what you wish to do.
It’s like a whole ocean of job opportunities in the private sector, which are handsomely paid and come with plenty of perks. For example, artificial intelligence is a rapidly growing field and is known to be the future of technology. Artificial intelligence engineers are earning very well and have promising careers in this booming industry.