I agree that money shouldn’t be the reason to choose a particular career, but let’s be honest, it is one of the biggest reasons. Every individual wants to lead an abundant and comfortable life, and that is only possible if you own assets that fulfill your needs and luxuries.
Here, in this article, we’ll discuss the highest paying jobs in India, ranging from different industries. We aim to provide you with extensive job data on the highest paying jobs in India.
Top 10 highest paying jobs in India are:
- Investment Banker
- Data Scientist
- Product Management
- Chartered Accountants
- Reserve Bank of India Jobs
- Blockchain Developers
- Technical Writing
- SEO Specialist
There’s no limit to your earning cap as an entrepreneur. In India, on an average, you can earn from Rs 530k to Rs1,845k annually as an entrepreneur (1). With the Startup India initiative on the rise, India has already become one of the largest startup hubs of India.
Related: How to Start a Startup in India?
Note: As entrepreneurs, we are always on a lookout for constant inspiration and motivation. Read the latest startup stories and news at TimesNext and keep your entrepreneurial spirit high.
2. Investment Banker
An investment banker deals with the significant digits of companies to manage their lofty amounts of money. An investment banker’s experience brings value to his work. They start by making around Rs 900k annually and go up to Rs 4,000k per annum.
Some of the top investment banks in India (2) are:
- Bank of America
- Barclays Capital
- Citi Bank
- Deutsche Bank
- JP Morgan
3. Data Scientist
A Data Scientist is one of the new additions to the typical job roles. But what is it that makes Data Scientists a field offering lucrative packages? A Data Scientist can deal and extract information from complex data using AI, algorithms, and other scientific methods.
Fact: Data Science has seen a 40% rise in demand approximately since January 2019 and over 300% rise since 2013 (3).
4. Product Management
Various large corporates are willing to pay hefty amounts to Product Managers for making their product succeed in the market by adopting strategies & marketing techniques to promote their product. A product manager is one of the highest paying jobs in India that pays Rs 731k to Rs 2,890k per annum to individuals (4).
Some companies paying high compensation to its product managers are:
- Flipkart: Rs 2,456k per year
- Ola: Rs 2,637k per year
- Amazon: Rs 2,460k per year
5. Chartered Accountants
Another reputed job that has always been considered as one of the highest paying jobs in India is that of a Chartered Accountant. A CA handles the finances, taxes, audits, etc. of a company or a business. A Chartered Account’s salary starts at Rs 470k and goes up to Rs 1,314k annually on an average.
Fact: CAs were the first accountants to build a professional accounting body, initially established in Scotland in 1854 (5).
Few of The Highest Paying Government Jobs in India:
6. Reserve Bank of India Jobs
RBI, the apex banking system of India, is one of the most prestigious and highly reputed government jobs that offer an excellent salary package and comes along with its own set of perks. This is one of the highest paying jobs in India for fresher that pays an individual qualifying the requirements approximately Rs 900k starting salary.
- Age: 21-30years
- Min Marks: 60% in Graduation
7. Indian Foreign Services Officer
This is the top post of Indian Foreign Service (6) that comes out of the prime qualifying members of the profoundly competitive UPSC examinations. An IFS officer gets paid around Rs 240k, excluding all the perks and incentives attached to the job, making it one of the highest paying government jobs in India.
Some of The Highest Paying Jobs in India for Freshers:
8. Blockchain Developers
Ever since the introduction of crypto, Blockchain (7) technology has taken over the world with powerful nations like China adopting it to form a futuristic tech approach. In India, the demand for Blockchain Developers is very high, which makes it one of the highest paying jobs in India for freshers foraying into this field.
Note: On average, a Blockchain Developer earns (8) around Rs 5 lakhs to Rs 30 lakhs per annum in India.
9. Technical Writing
According to reports (9), the job outlook for a Technical Writer is predicted to grow at over 8% between 2018-28. Technical writing involves writing directive, instructive, or descriptive data about a particular subject or thing.
A Technical Writer holds a significant responsibility of communicating precise information between two parties and is paid Rs 632k per year (10) on an average.
10. SEO Specialists
We are the internet generation which makes us the constant consumers of internet services. An SEO Specialist researches, analyzes, reviews, and implements alterations to websites and its content to help it reach a wider audience and larger traffic via SEO optimization. An SEO specialist earns Rs 345k per annum (11) on an average.
Note: Dinosoft Labs is known for its high-end SEO services in the market.
These were the top 10 highest paying jobs in India that can help you form decisions regarding your career discipline, based on the salary packages. However, you shouldn’t be solely relying on the salary package for your career choice but focus a bit on the roles and responsibilities you’ll be willing to take.