Top High Paying Jobs in India

The best-paid jobs in today’s market are often the ones that are aiding the digital economy. Traditionally best-paying jobs like doctors, Chartered Accountants, Merchant Navy is still in demand, however, newer roles such as business analysts, cybersecurity professionals are also grabbing the best salaries in the market today. Salaries for each of these roles not only depend on the educational background and professional experience, but also on how well you are equipped with the latest technology in each of these fields. 

We have compiled a report about the study on the highest paying jobs in India. It also gives an insight into the minds of young early professionals, what they think about various career prospects, what Salary projections they have in mind for the coming year 2021, and much more.

REPORT on – Highest Paying Jobs in India

We have listed down the roles which have been in demand despite the recession in our market today. Go through this list to understand the trends, skill requirements, and salary insights.

We have come up with a list of the highest paying jobs in India to help aspiring professionals set their expectations and maybe also nudge them towards their goals. It’s safe to say that the following occupations have emerged as the highest paying jobs in India in recent years. However, the exact figures might vary depending on the cities and the level of professional experience.

Highest Salary Jobs in India 2020

  1. Doctors and Surgeons
  2. Data Scientists
  3. Investment Banker
  4. Software Engineers
  5. Commercial Pilots
  6. Chartered Accountant
  7. Artificial Intelligence Professionals
  8. Marketing Professionals
  9. Cyber Security Professionals
  10. Machine Learning Professionals
  11. Full Stack Developers
  12. Cloud Computing Professionals
highest paying jobs in India

1. Doctors and Surgeons

Practitioners of medicine are still among the highest paid professionals in India. Considering India’s vast population, it is not surprising that the country faces a number of health issues. However, the ratio of available doctors to patients is really low in India, making it one of the most sought after career path. Even within the domain, there are areas of expertise which are more-demand than the rest. Example, surgeons need to be extremely skilled and therefore are often paid more. Sadly, even with all the career enthusiasm over medicine, there’s a very limited section of the professionals who go and practise in the rural regions of the country.  
  • Entry Level:10 lakh/annum*
  • Mid Level: 24 lakh/annum*

Education:

  • Doctors need to complete Bachelor of Medicine or Surgery (MBBS, BMBS) before 25 years age to start practicing.
  • For further specialization, they can do a doctor in Medicine, doctor in Osteopathic Medicine (MD, DO) or any other branch of specialization.

Skills:

  • Doctors need to have exceptional communication skills
  • Problem solving skills
  • Effective decision making skills
  • Surgeons need to have precise operating skills

2. Data Scientists

Data scientists are among the most sought after professionals today as companies are investing heavily into big data. Big data is important to create consumer-centric solutions and enhance product/service performance. Hence companies are hiring data scientists to help them make more data-driven business decisions. Data professionals are in high demand now and the coming years are going to see more data scientists getting hired by top business companies. In keeping with this demand, data scientists can earn a base salary that is 36% higher than most professionals in the analytics industry.

You can expect your salary to shoot up to new highs after becoming a subject matter expert or after acquiring multiple degrees in data science. Typically data scientists earn upto 7 lakhs/annum at the entry level and the number can go as high as 21-25 lakh/annum when you become a senior.

  • Entry Level: 5-7 lakh/annum*
  • Mid Level:12-15 lakh/annum*
  • Senior Level: 21-25 lakh/annum*

Education:

  • Bachelors degree in Computer science, mathematics, statistics
  • Data science certifications
  • Project experience in field of application

Skills:

  • Programming skills
  • Data visualization
  • Machine Learning
  • Analytical skills

Learn more about: What is Data Science?

3. Investment Banker

Investment bankers work with financial organisations to raise capital through equity financing or debt management. It is a very demanding job since they need to work in a fast-paced environment where decisions can make or break the financial fate of the organisation. They also investigate the stakes involved and deal with them accordingly. Investment bankers are one of the best paid professionals in the country. 

  • Entry Level: 9 lakhs/annum*
  • Mid Level: 16 lakhs/annum*
  • Senior Level: 25 lakhs/annum*

Education:

  • Bachelors degree in finance, economics, maths, business administration or related field
  • Masters in an area of specialization in related field

Skills:

  • Analytical skills
  • In depth market knowledge
  • Excellent communication skills
  • leadership skills

4. Software Engineers

India has been rather infamous when it comes to the number of IT professionals it churns out every year. Yet, the market keeps absorbing an increasing number of software engineers each year. With international tech giants investing in the Indian market and outsourcing talent overseas like never before, the number keeps growing. Cities like Bangalore alone has seen a rapid rise in the employment of engineers in recent years.
International projects and a steady domestic market ensures that money keeps coming in this sector. Seasoned Engineers with 4-5 years of experience can expect anywhere between 10-12 lakhs. 

  • Entry Level: 4-6 lakhs/annum*
  • Mid Level: 10-15 lakhs/annum*
  • Senior Level: 25-30 lakhs/annum* 

Education:

  • Bachelors degree in computer science, computer system engineering, or software engineering

Skills:

  • Software testing and debugging
  • Computer programming and coding
  • Problem solving and logical thinking
  • Software development

5. Commercial Pilots

One of the most glamorous professions worldwide, aviation is also quite well paying. Commercial pilots earn handsome remuneration, especially if they are employed by the top-most airlines. Since the job is quite physically taxing with long flying hours and travelling time, pilots need to physically fit all the time. 

  • Salary: 16 lakhs/annum*

Education:

  • Bachelor’s degree in aircraft operations, aviation, aeronautical engineering, or a related field
  • They also need to take 1,500 total flight hours, including 40 hours of instrument flying

Skills:

  • Excellent spatial awareness and coordination
  • Thorough understanding of aircraft mechanism
  • Mathematical and physics skills
  • Team coordination

6. Chartered Accountant

Chartered accountants handle finances for companies and organisations to ensure they stay profitable and tax compliant. It takes years for a CA to master all the aspects of the domain and become an expert. Quite naturally, an experienced CA gets paid a lot for his/her services.

  • Entry Level: 7 lakhs/annum*
  • Mid Level: 15 lakhs/annum*

Education:

  • CA certification

Skills:

  • General business interest and awareness
  • Strong analytical and problem-solving skills
  • Communication and interpersonal skills
  • Strong mathematical skills

7. Artificial Intelligence Professionals

The supply-demand gap for artificial intelligence professionals is incredibly high in India. Even now there are 2500 vacant AI positions that require skilled professionals and the steady rise of the applications of AI indicates the number is only going to increase in the coming future. However, a dearth of skilled AI professionals in the market has led to companies competing with each other to hire the best talent. Needless to say, AI experts are getting lucrative offers from all the leading companies along with a number of other benefits. 

AI professionals are chiefly responsible for enabling machines to have artificial intelligence. Their core tasks include understanding and creating AI algorithm, programming and more.

  • Mid Level: 17 lakh/annum*
  • Senior Level: 26 lakh/annum*

Education:

  • Graduate in Mathematics, computer science, statistics, or related field
  • Certification in artificial intelligence courses

Skills:

  • Programming skills
  • Analytical skills
  • Robotics
  • Statistical skills

Learn more about: What is Artificial Intelligence?

8. Marketing Professionals

Marketing is core to any business strategy and the rapid digitization of marketing platforms is opening up new avenues. As such, companies are now looking to hire professionals who have hands-on knowledge of new marketing strategies. 
If you have a knack for creative thinking and find brand building interesting, this might be a career path for you. Digital marketing is popular among students of marketing owing to its high demand in the market. An MBA or a digital marketing course can land you quite lucrative jobs.

  • Entry Level: 5-6 lakhs/annum*
  • Mid Level: 8-10 lakhs/annum*
  • Senior Level: 15-25 lakhs/annum*

Education:

  • Bachelors degree in business, marketing, advertising, communications, or other related fields
  • Certification in digital marketing courses

Skills:

  • Interpersonal Communication skills
  • Creativity and imagination
  • IT skills
  • Influencing and negotiation skills
  • Market analysis

Learn more about: Types of Digital Marketing

9. Cyber Security Professionals

All most all kinds of businesses have an online presence today and so it becomes important to protect their valuable digital assets. Since cybersecurity is indispensable to all kinds of businesses, there’s a growing demand for cybersecurity professionals. They ensure brands and businesses are secured against cyber threats and crimes. Recent reports show that cybersecurity experts can easily earn between 30-40 lakhs/annum.

  • Entry Level: 6 lakhs/annum*
  • Mid Level: 10-12 lakhs/annum*
  • Senior Level: 30 lakhs/ annum*

Education:

  • Graduate in Mathematics, computer science, statistics, or related field
  • Certification in cybersecurity course

Skills:

  • Problem-Solving Skills
  • Technical aptitude
  • Analytical skills
  • Computer Forensics skills
  • Knowledge of Security across Various Platforms

Learn more about: Use Cases of Cybersecurity Across Different Domains

10. Machine Learning Professionals

AI and ML have taken the modern world by storm by designing more personal solutions for consumers. Machine learning professionals are helping brands to take more data driven business decisions so that business risks are low.

Experts in machine learning have proved to be valuable assets to companies and their demand keep rising each year. A certification or degree in machine learning can accelerate your career to exciting directions. 

  • Entry Level: 5-7 lakhs/annum*
  • Mid Level: 15 lakhs/annum*
  • Senior Level: 22lakhs/annum*

Education:

  • Bachelor’s degree in computer science, artificial intelligence, or a related field.
  • Specialization in Machine Learning through certification courses

Skills:

  • Computer Science knowledge and Programming
  • Probability and statistics
  • Software Engineering and System Design
  • Problem solving
  • Data analysis

Learn more about: What is Machine Learning

11. Full Stack Developers

Full stack developers are responsible for overall web development and maintenance. Their ability to work on both the front end and the back-end functionalities of any application makes them particularly significant in the tech department of any company. Reports show that there has been a 20% spike in the demand of full-stack developers in India in recent times.
Startup companies seem to be employing more full stack developers as they need professionals who are responsible for product applications end-to-end. If you love coding and have commendable knowledge of Java, CSS, Python, RubyonRails and other coding languages, then you can expect high paying offers from both startups and top MNCs. 

  • Entry Level: 5-6 lakhs/annum**
  • Mid Level: 8-10 lakhs/annum**
  • Senior Level: 10-12 lakhs/annum**

Education:

  • Bachelor’s degree in Mathematics, computer science, statistics, or related field
  • Proficiency with fundamental front end languages such as HTML, CSS and JavaScript

Skills:

  • Front end and back end technology skills
  • Version control system
  • Coding skills
  • Cloud skills
  • Database skills

Learn more about: Career Opportunities for Full Stack Developers

12. Cloud Computing Professionals

Indian cloud computing industry will be worth $4 billion dollars by 2020. Cloud software engineers, cloud architects, cloud infrastructure engineer etc are in high demand and it will continue to rise. There are more openings than qualified candidates for cloud computing in India at the moment. A degree in cloud computing can spike your salary by up to 60%. Seasoned experts can even earn upto 70 lakhs/annum.

  • Entry Level: 6-8 lakhs/annum**
  • Mid Level:10-12 lakhs/annum**
  • Senior Level: 30 lakhs/annum**

Education:

  • Bachelor’s degree in computer science, computer applications or a science stream
  • Certification through cloud computing courses

Skills:

  • Programming skills
  • Database management skills
  • Linux skills
  • Artificial intelligence and machine learning knowledge
  • serverless architecture knowledge

Learn more about: Types of Cloud Computing

A Little Practicality Hurts No One

While ideals, interest, skills and ambition may drive you to chase any particular career path, salary plays an important role when it comes to sustaining that path. With the cost of living rising by leaps and bounds every year, it’s only natural that money will be a key decisive factor for freshers and experienced professionals alike when it comes to taking up any role.

Certifications and training will definitely help you move forward in your career, while passion and inner drive will lead you towards success. True passion along with self-discipline always pays off in the long run and sets you apart from the crowd. 

Great Learning offers extensive courses on all the leading domains to help professionals upskill and make the most of all the opportunities of the disruptive economy. Check out the free courses on Great Learning Academy below:

Marketing Foundations
Cloud Foundations
Introduction to R
Python for Machine Learning
Introduction to Digital Marketing and more!


 *Data sourced from Glassdoor.co.in
**Data sourced from Indeed.co.in

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