To be very honest, Money is the best motivator if it comes to select a career path and if it is an important element for you as well, then below listed are the top 10 highest paying jobs in India.
Irrespective of your work level – whether its entry/beginner/fresher level, or middle level, these list will help you to decide the direction you want to go in next & help you find the best jobs in India. Let’s get into the highest paid jobs in India.
Key Takeaways:–
• The highest paying employment in India are basically in Healthcare, Information Technology, Data Industry, Marketing, & BFSI.
• Modern jobs such as Machine Learning & Data Science have started replacing traditional jobs in the highest paying employment list.
Note:- Salaries in all industries are always subject to the candidate’s experiences and knowledge. The more you will score in these domains, the better you will be paid. Also, Various industries pay Various salaries. Hence, it will be unfair to compare the salary of a CA in the Information Technology domain to that of a CA in the BFSI domain.
List of Top 10 Highest Paying Jobs in India
- 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
1) Medical Professionals (Doctors & Surgeons)
The healthcare industry comprises both private & government players in India. because of the speedy technological advancements and rising incidence of diseases, the demand for quality & affordable healthcare services are increasing. Healthcare offers one of the high-paid jobs in India. In result, this industry is also expanding excessively. The fast incremental growth of the healthcare industry will bring India to the top most healthcare markets.
The job profile of medical professionals differs according to the stream specialization. For example, the duties of a general physician are different from that of a psychiatrist or a surgeon. However, there are some common responsibilities of medical professionals such as diagnosing patient’s health issues, examining, and treating them. Healthcare provide some of the best jobs in India.
While the specific responsibilities of medical professionals differ, all doctors must perform the following duties:
- Prescribe medicines and administer befitting treatment to patients.
- Assess a patient’s symptoms and diagnose the medical issue
- Take accurate notes of a patient’s health issues and medical complications.
- Follow-up care of patients and evaluate the results of medical tests (if required).
- Collaborate with medical assistants, nurses, and other health experts for delivering best treatments.
- Always stay updated with the latest trends and findings in medical technology and research.
How to become a medical professional?
- You must pass 12th with at least 60% in the science stream either with physics, chemistry and biology (PCB) or physics, chemistry, mathematics and biology (PCMB) specialization.
- To get into a reputed medical institute, You must crack relevant entrance exams like AIIMS, NEET, JIPMER, and other state/institute-level entrance exams.
- To pursue post graduation (M.S/M.D or M.Sc), a candidate must have an M.B.B.S degree.
Top Employers
- AIIMS (All India Institute of Medical Sciences)
- Apollo
- Fortis
- Max
- Columbia Asia
2) Data Scientist
Data science is a new and buzzing option offering high-paying jobs. This is considered one of the best jobs in India. A strong reason for choosing Data Science as a career option is, there is a 40% rise in demand approximately for data scientists since January 2021, and more than 300% since 2016. The reason for this should be clearing both structured and unstructured data, considering data is everything, and expertise in the science of managing those data is exactly what is required.
A data scientist expert helps managing & organizing huge amount of data that an organization collects. They extract actionable insights from those data to run business decisions that improve customer relationships & business profits. Data Scientists should have strong foundation in mathematics, programming, computer science, analytics, and statistics.
Responsibilities of a Data Scientist
• Recognize valuable data sources & automation implementation on data collection processes.
• Clean and organize both structured and unstructured data.
• Analyze massive volumes of data to extract meaningful patterns and trends.
• Use data visualization techniques for introducing the findings from massive datasets.
• Design predictive ML(Machine Learning) algorithms and models
How to be a data scientist?
Below is the most common and recommended path:
• Engineers/Graduates can apply for Executive PG Program in Data Science, this is 1 year program and is offered jointly by IIIT-B and upGrad.
• You can also gain a Master’s in Data Science while participating in global competitions held on Kaggle and working on some of your own projects.
Companies Hiring Data Scientist in India – (4300 Jobs on Naukri / 3700 Jobs on Linkedin)
• Amazon – Hyderabad / Bangalore
• Walmart Labs – Bangalore
• People Interactive – Mumbai
• GreyAtom – Mumbai
• Procter & Gamble – Hyderabad
3) Machine Learning Experts
ML (Machine Learning) is a branch of AI (Artificial Intelligence) that is now actively integrated across industries including BFSI, IT, transportation, retail, education, and healthcare etc. There is no question that this is one of the best jobs in India. Although the adoption of Machine Learning technology is at a growing stage in India, the AI and ML market is projected to expand significantly in the near future. The latest trend suggest that the investment in the Indian AI sector will grow at a CAGR of 49.49% between 2022-2025.
Machine learning and Data Science is all the rage right now, and they are some of the highly paid jobs in India right now, not only in India but also globally. Machine learning is an application of AI wherein the system learns and improves on its own without being coded or programmed. Just like the human brain, Machine learning experts are the professionals who build these auto learning systems.
Responsibilities of ML experts
- Perform statistical analysis
- Fine-tune test results
- Train & retrain ML systems
- Work on new ML projects & experiments
- Design ML programs and algorithms and implement them for suitable business needs.
How to be a Machine Learning expert?
Software & IT Professionals, Engineering Graduates, Data Professionals with a minimum of 1-year experience or a degree in Statistics or Mathematics are relevant for these jobs. Candidates with decent understanding and knowledge of Machine Learning can apply for the jobs or can take up a course in ML, that will make familiar them with algorithms, R/ Python, statistics, probability, basics in data science and ML. upGrad in collaboration with IIIT-B offers Masters in ML & Executive PG Program, which helps professionals to work as Product Analyst, Business Analyst, Data Scientist or Machine Learning Engineer.
Companies Hiring Machine Learning Experts in India – (7700 Jobs on Naukri / 7100 Jobs on Linkedin)
Accenture – Mumbai
Zycus – Bangalore
hCapital Business Consulting – Mumbai
Quantiphi – Mumbai
IBM – Bangalore
ITC Infotech – Gurgaon
4) Blockchain Developer
Due to the lack of experienced professionals, companies offer a handsome pay for the blockchain skill. The growing & excessive demand makes these experts land on one of the highest salary jobs in India.
The Indian government is planning to invest very heavily in Blockchain technology. In fact, Blockchain tech makes up a core part of the government’s Niti Aayog strategy, along with other front tier technologies like ML, AI, and IoT.
Blockchain is the new revolutionary field and is redefining everything from currency transactions, internet connectivity, to data handling and Data security. Blockchain technology reduce costs, cuts out middlemen, and increase speed. It is supposed to assist in greater traceability & transparency. As both public & private sectors warm up to this new market-changing technology, there will be a considerable lack of expertise. A gaping hole that you can fill up. Further, there is also a uninterrupted growing demand for Blockchain Developers in India.
Blockchain Developers manage and supervise the complete lifecycle of Blockchain applications. They create Smart Contracts, design interactive frontend interfaces, and build the architecture of Blockchain platforms.
Responsibilities of Blockchain Developers
- Research, develop, design, and test Blockchain systems.
- Evaluate and upgrade applications to keep up with new technologies & tools.
- Extend & Maintain the client-side and server-side applications.
- Actively participate and involved in the global Blockchain communities.
How to become a Blockchain Developer?
IT Professionals, Data Science Professionals or Engineering graduates having a strong background in Computer Science/Statistics/Mathematics can go for Blockchain job roles. The best way to get into the Blockchain profession from these educational backgrounds stream is to take up a Blockchain certification course.
Just for your information, upGrad offers 3 superb Blockchain courses – Executive PG Program, an Executive Program, and Advanced Certification Program. As mentioned before, a Blockchain candidates must be well-versed in a variety of Blockchain tools & technologies and they must possess prior programming experience.
Top employers
Auxesis
Primchain
Signzy
Sofocle
SoluLab
OpenXcell
Elemential
MindDeft
5) Full Stack Software Developer
Full-stack development is one of the highest-paid jobs in India. The Indian IT industry is estimated to grow US$ 350 billion by 2025, creating around 2.5-3 million job opportunities across the country. This evidence shows that the demand for Full Stack Developers is going to skyrocket in the coming years.
Full stack developers are responsible for developing both the front end and the back end of a software/Application/website i.e. they are both web developer and have a good understanding of database systems also. They work with the website’s look and feel, appearance, HTML, CSS and align it with the client’s industry, business, & target audience.
Responsibilities of a Full-Stack Developer
- Develop both the front-end & back-end of website/software architecture.
- Design user interactions on web pages.
- Create servers and database functionalities.
- Optimize applications for multiple platforms.
- Design APIs
How to be a full-stack developer
Candidates with Bachelor’s in Computer Science or Information Technology can team it up with online courses about full stack development including the required programming languages. Again upGrad has an updated program for Full Stack Development – Executive PG Program. In this online era, if you are looking for one of the best jobs in India, full-stack development is best one. The course will help you to understand, how the backend of a website operates, and the design elements that you will need to know.
Top employers
Barclays
IBM
Dell
Siemens
E2logy
Simpalm
ChromeInfotech
6) Product Management
In India, industries are growing rapidly from IT/ITeS firms, Retail, FMCG enterprises, and telecom companies, Data Science/Big Data-based companies, every business nowadays pay attention to a customer centric procedure. Thus, product development, design & management are fast taking the forefront. Product Management has emerged as a crucial role in the Indian industry. In the near future, the demand for Product Managers in India will double up for sure.
In large organization, product management is a desired position. Product Manager is responsible for the strategy, feature definition, marketing and forecasting of the product. In easier terms, the product manager is also responsible for understanding customer requirements, visualize the required features, and working with the engineers to develop them. If you are looking for employments with a high pay, consider becoming a product manager, but ensure you have the passion for it. Product manager is one of the highest-paid jobs in India. There are many roles ranging from Associate Product Manager to the Chief Product Officer.
Responsibilities of a Product Manager
- Define the product roadmap, vision and strategy.
- Priorities, collect, and manage customer & market requirements.
- Develop business cases for new products & enhance existing products.
- Collaborate with engineering, marketing, sales, & support teams to make sure that both customer and business goals are achieved.
How to be a Product Manager
Other than a professional degree, experience with a specific course will help you to master this field. Product managers should have an eye for details & should be well aware of the business goals in terms of Product development. Then they also need to see how those goals align with actual customer requirements. Product managers must talk to customers daily and connect with sales team members who understand the market requirements. Use the product regularly and get on customer support calls to know the feedback and improve the product basis on their feedback.
Top employers
Google
Microsoft
Amazon
Flipkart
Salesforce
Uber
Ola
7) Management Consultant
The Management consulting industry in India is growing at a CAGR by 40%. The Associated Chambers of Industry and Commerce have estimated that the Indian Management Consulting industry will generate Rs. 470 million in revenues by the end of 2022. Approximately, there are over 12,000 consulting firms, with around 7,000 firms established in just four metro cities – Mumbai, Chennai, Delhi, & Kolkata.
The primary role & responsibility of management consultants is to help companies solve their problems, improve performance, and ensure increase in the growth. They are concerned with the strategy, management, structure, and operations of the business.
Responsibilities of a Management Consultant
- Meetings with clients to discuss areas of proposed improvements.
- Perform qualitative and quantitative analysis for a proposed suggestions and solutions.
- Present the findings from the analysis before the customers.
- Develop and present a plan to implement the recommended solution.
How to become a Management Consultant?
After graduating with a bachelor’s degree in Business Administration/Economics/Finance/Management/Accounting or related areas, the suitable course is to pursue a PGPM course or MBA program. After that, applicant usually get work experience and complete Management Certification courses.
A Bachelor’s degree in business, finance, management or economics is required for most companies. Some look for an MBA. You may include 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, Investment Banker. Also, might have seen a lot of Hollywood & Bollywood actors play this role. One of the highest paying jobs worldwide, an investment banker helps their client (a firm or a bank) invest their money sensibly for the expected possible returns. It has always been one of the best jobs in India, and dealing with money, yours and others – is the dream.
Investment Banking is a high demand career option in India. India boasts of a diversified financial & banking services network that is steadily growing, thanks to the rapid growth of existing financial institutions and new market players coming in the industry. Most of the Professionals who are specialized in Finance from reputed institutions like IIM choose this as a career option.
Investment Bankers offer a host of financial services proprietary trading, assisting in mergers and acquisitions (M&As), trading securities, and helping their clients raise money in capital markets by selling equity or issuing debt in the companies.
Responsibilities of Investment Bankers
- Develop various types of financial models for debt & equity valuation for acquisitions, mergers, & capital raising transactions.
- Advise clients on investment opportunities and recommend product offerings, private equity transactions, and acquisitions & mergers.
- Develop good relationships with new and existing clients.
How to be an Investment Banker?
Most students opt for an MBA in Finance and then specialize as Investment Banker. However, the best option is to pursue 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 WallStreet School, Delhi. This school 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 they take great pains to ensure that all their candidates get the job through the school placement itself.
Top employers
Goldman Sachs
JP Morgan Chase
Citibank
Deutsche Bank
HSBC
Axis Capital Ltd.
ICICI Securities Ltd.
IDBI Capital
9) Chartered Accountant
Chartered Accountants are members of Institute of Chartered Accountants of India i.e. ICAI, the only Indian national accounting body. Currently, India facing a huge shortage in CA industry. For the around 9.8 crore taxpayers in the country, there are only 1.35 lakh full-time CA practitioners.
However, since the count of taxpayers in India continues to grow every year, the demand for CAs also increases every year. From large organizations to small companies, CAs are hired by a wide range of firms to serve as financial advisors.
CAs work in every industry & provide financial expertise for managing finance well. They provide accountancy, audit, and tax services to clients and help to understand things like the GST reform, any change in taxation policies, or salary related issues.
Responsibilities of a Chartered Accountant
- Maintain accounts & financial statements.
- Implement accounting systems.
- Prepare financial statements along with monthly financial reports.
- Reconciliation of income statements.
- Perform taxation and auditing services.
How to become a Chartered Accountant?
The CA course is regulated by ICAI (The Institute of Chartered Accountants of India), New Delhi. It has 4 important levels:
- Common Proficiency Test
- Integrated Competence Professional Course
- Three years articleship / training under a practicing CA
- CA final. More details can be found at ICAI Website
Top employers
Standard Chartered
Deloitte
KPMG
Ernst & Young
BDO International
Grant Thornton International
10) Marketing Manager
Marketing is one of the core elements of any business in any industrial sector. Thanks to the rapid technological and digitization advancement, the marketing industry is growing very rapidly. because of this India’s Digital Marketing industry will exceed INR 425 billion by the end of 2022, producing over 30 lakh jobs. An increasing number of companies hire Marketing professionals who can add value and profit to the organization.
Marketing Managers work across all areas of the industry, including automotive, software/IT, finance, manufacturing, retail, etc. They integrate with product development teams to design innovative products and solutions that line up with company objectives and customer’s requirements.
Responsibilities of a Marketing Manager
- Conduct Research, analyze the market demand, identify a target audience, set pricing strategies, and select the most suitable option to attract the audience.
- Create brand awareness through suitable marketing strategies like e-mails, contests, celebrity endorsements, newsletters, etc.
- Select & implement a host of marketing strategies, tools, and software to accomplish sales agenda.
- Evaluate, Monitor, and measure the success/failure of different marketing strategies & campaigns.
How to Become a Marketing Manager?
The pathway to be a Marketing Manager is by first getting a bachelor’s degree in Marketing/Management or other related fields. The next action to gain a few years of working experience as entry-level roles to understand the requirements of marketing job roles. Finally, You can get an MBA degree in marketing or management. Again upGrad offers two best certification courses in this area – Job Linked Management Program with PGP and PG Program in Management.
Top employers
IBM
Amazon
Flipkart
TCS
Tata Motors
Vodafone
Airtel
The opportunity for good, jobs with high salary exists in every Industry. We hope you liked our highest paid jobs in India above list. One only needs to be clear about the goal, know which path to take, and look after in order to make the best of that opportunity.