5 Highest Paying Jobs in India

Inflation, in our country, is at its peak, and money may not buy happiness, but it buys you a safe and comfortable life. A well-paying job is a need in the present time. After spending so much money on your education and degrees, it is natural to want a career that pays enough to recover all that. 

There has been a significant change in the job market in the last few years. On one hand, there’s a massive increase in the kinds of jobs that one can do, and on the other hand, the demand for traditional jobs is constantly decreasing. This is a result of multiple factors, including, but not limited to, the global pandemic, technological advancements, and the digitalization of everything in the country. Getting a well-paying job is not a straight road anymore.

There’s no shortage of jobs in the country, but there are limited options when it comes to jobs that pay above the average. The salary you get depends on a lot of factors, such as your educational qualifications, skills, and experience. The salary also increases on going up the hierarchy.

Here’s a list of the highest-paying jobs available in the country that can help you accomplish all your dreams.

1. Investment Banking

Investment banking is not only one of the highest-paying jobs in India, but also globally. 

It is a field of banking that organizes large, complex financial transactions such as mergers or initial public offerings (IPO) underwriting. It is about helping clients navigate the complex world of high finance.

Freshers in this industry earns between 10-12 lakhs per annum. For experienced employees, salary can go upto 30 lakhs per annum and more.

The top investment banks in India are:
• Citibank
• Deutsche Bank
• HSBC
• Goldman Sachs
• JP Morgan Chase

2. Chartered Accountant

Chartered accountants are also among the highest earners in the country. 

From being financial advisors and providing financial guidance to managing huge amounts of money for top companies, CAs are an important part of the economy. 

Freshers in this industry earns between 6-7 lakhs per annum. For experienced CA’s, salary can go up to 30 lakhs per annum.

A few major companies where you can be employed as a CA are:
• Grant Thornton International
• KPMG
• Ernst & Young
• Standard Chartered
• Deloitte

3. Healthcare Professionals

Healthcare has a lot of money. With the country’s situation amidst the global pandemic, the need for doctors and healthcare professionals has increased drastically. Salaries of professionals depend on the department they work in and the experience they have.

The average salary of a medical professional in India starts at around 10 lakhs per annum. It can go as high as 50 lakhs per annum for experienced professionals in this field. It is generally 6 lakhs per annum for a general physician and 11 lakhs per annum for a Surgeon.

Major employers in this field are:
• AIIMS (All India Institute of Medical Sciences)
• Fortis
• Apollo
• Max
• Columbia, Asia

4. Data Scientist

Compared to other professions, data science is a very new field. It is one of the most promising career options at present that not only pays brilliantly but also offers multiple perks.

As a data scientist, one has to, in simple terms, collect, analyze, and interpret huge amounts of data in an organization.

The starting salary of a data scientist is around 11 lakhs per annum. With time and experience, salary can go up to 60-70 lakhs per annum.

The top companies that hire data scientists are:
• Amazon
• GreyAtom
• Walmart Labs
• Procter & Gamble

5. Marketing Manager

The main job of a marketing manager is to build and execute marketing strategies for a business to meet the demands of customers and maximize profits for the company. 

It is a very promising and upcoming field in India as the role is available across all sectors, making it one of the highest-paying jobs in the country. 

The average salary of a marketing manager is 4–22 lakhs per annum, depending on the level of expertise one has. A fresher usually earns between 4-6 lakhs per annum. Senior level employees earn between 15-22 lakhs per annum.

The main places to work are: 
• Amazon
• Flipkart
• Tata Motors
• IBM
• TCS