Top 11 Highest Paying Jobs in India to Watch Out for from 2023 onwards...
There is no denying that a job that pays well is something we all want. After investing so many years in education, it is not surprising to want a career that pays what you deserve. However, it is not at all an easy task. The global pandemic coupled with digital transformation and technological advancements has brought about significant changes in the job market. To make things easier for you, we have compiled a list of some of the highest paying jobs in India.
While there is no dearth of career options that pay well, it is important to understand that salary benchmarks vary across organizations and industries. Your salary will also depend on your educational qualifications, skills, and experience. Whether you're a fresher, middle-level worker, or senior professional, there are numerous options that provide the highest-paying job fit for you. We have compiled a list of the 11 highest paying jobs in India to watch out for in 2023. The salary package is not the only factor that should be considered when seeking one of the best jobs in India.
Top 11 Highest Paying Jobs in India
These domains offer the best jobs in India in 2023 -
- Medical Professionals (Doctors and Surgeons)
- Data Scientist
- Machine Learning Experts
- Blockchain Developer
- Full Stack Software Developer
- Product Management
- Management Consultant
- Investment Banker
- Chartered Accountant
- Marketing Manager
- Business Analyst
1. Medical Professionals (Doctors and Surgeons)
Healthcare offers one of the highest salary jobs in India. With the growing demand for medical professionals in the wake of the pandemic, the healthcare industry is expanding tremendously. Indian doctors and surgeons are very highly paid, with salaries depending on specializations like Dentistry, Pharmacy, Optometry, or domains like Healthcare Administration, Nursing and Medical Assistant, Home Health Aide, etc.
The general job duties of medical professionals include prescribing medicines, administering treatments, assessing symptoms and diagnosing medical issues in patients, collaborating with nurses and other health experts, evaluating medical test results, etc.
The average salary of medical professionals in India is about 10 Lakhs per annum. More than 25% of healthcare experts earn around 20 Lakhs per annum. The average salary ranges from ₹ 6,99,142 LPA for a General Physician to ₹11,59,833 LPA for a General Surgeon.
Top employers:
- AIIMS (All India Institute of Medical Sciences)
- Fortis
- Apollo
- Max
- Columbia Asia
2. Data Scientist
Data Scientist is a relatively new, and one of the highest paying jobs in India that offers competitive salaries and numerous perks. Rightly termed "the most promising career" by LinkedIn, Data Scientist is a professional who collects, analyses, and interprets huge amounts of data in an organization. Aspirants with a strong foundation in computer science, programming, mathematics, statistics, and analytics can pursue a lucrative career as Data scientists in India. Consider doing a Data Science Certification offered by Simplilearn in collaboration with IBM to break into this lucrative field and get noticed by top hirers. You can get hold of the best jobs in India after completing this course.
Data Scientist is one of the highest paying jobs in India, with the national average salary for a Data Scientist being ₹11,00,000. Experienced data scientists can earn as high as 60-70 lakhs per annum.
Top Employers:
- Amazon
- Procter & Gamble
- Walmart Labs
- GreyAtom
3. Machine Learning Experts
Machine Learning (ML) is a branch of Artificial Intelligence (AI) that has gained tremendous prominence across industries. One of the highest salary jobs in India, AI and ML are projected to expand significantly in the next few years. Machine Learning experts perform statistical analyses and develop ML programs and algorithms that can be implemented for business needs. Learn the A to Z of Machine Learning to build work-ready skills and get qualified for best jobs in India.
The average Machine Learning Engineer Salary in India is ₹728,724. Engineers with less than one year of experience earn about ₹501,058 per annum. Mid-level professionals can earn ₹698,443 annually, while experienced professionals can earn as high as ₹1,948,718 per annum.
Top Employers:
- Accenture
- IBM
- ITC Infotech
- Zycus
- Quantiphi
4. Blockchain Developer
Blockchain Technology is the new buzzword that is redefining things like currency transactions, internet connectivity, data security as well as data handling. Both private and public sectors are resorting to blockchain technology to cut out middlemen, reduce costs and expand the speed and reach. There is a lack of specialist blockchain developers to meet the continuously growing demand for Blockchain developers in India to supervise and manage blockchain applications.
Engineers or IT professionals with a strong background in Computer Science, Mathematics, and/or Statistics can aspire to become Blockchain developers. Blockchain technology offers the best jobs in India.
The average salary of Blockchain Developers in India is ₹8,01,938 per annum. Experienced professionals can earn up to 45 LPA.
Top Employers:
- Auxesis
- Signzy
- Primchain
- SoluLab
- Sofocle
- OpenXcell
- Elemential
- MindDeft
5. Full Stack Software Developer
The demand for Software Developers, including Full Stack Software Developers, is at a skyrocketing high and also known as one of the highest paying jobs in India. Full Stack Developers are experts at developing both the front end and back end of a software or website. They build a website from scratch, and the role is hence one of the highest salary jobs in India. If you have a Bachelor's in IT or Computer Science, you can take up an online specialization in Full Stack Development to build and strengthen your prospect as a Full Stack expert.
Beginners in Full Stack Development can earn an average salary of ₹375,000 per annum, while mid-level developers with 1-4 years of experience can earn as high as ₹553,000 per annum, and senior-level experts (5-9 years' experience) earn ₹1,375,000 per annum. Full stack developer is one of the best jobs in India.
Top Employers:
- Barclays
- Dell
- IBM
- Siemens
- E2logy
- Simpalm
- ChromeInfotech
6. Product Management
Product design, development, and management are fast emerging at the forefront of the Indian industry. Enter the Product Manager, which is a crucial role responsible for developing strategy, marketing, feature definition, and predicting about products. Product Managers must have an eye for detail and possess detailed know-how about organizational goals related to product development. A Product management certification can help you become an expert and get access to the best jobs in India.
The average salary of a Product Manager in India is ₹14,40,000 annually. Beginners can earn about ₹7-8 LPA, while experienced workers can earn around ₹17-26 LPA.
Top Employers:
- Amazon
- Microsoft
- Flipkart
- Salesforce
- Uber
- Ola
7. Management Consultant
Management Consultants help organizations solve problems, boost performance and maximize growth. They deal with the strategy, structure, operations, and management of the organization.
After graduating with a bachelor's degree in Business Administration/ Economics/ Finance/ Accounting/ Management, aspiring candidates can pursue an MBA program to break into the in-demand field of Management Consultant. MBA program will get you the best jobs in India.
The average salary of a Management Consultant in India is around ₹11,49,770 LPA. Entry-level consultants earn ₹6-7 LPA while experienced candidates can earn between ₹17-26 LPA.
Top Employers:
- KPMG
- PwC
- McKinsey & Co.
- Deloitte
- Ernst & Young
- Accenture
8. Investment Banker
One of the highest paying jobs in india and globally, Investment Banking is about helping clients invest their money wisely for the best possible returns on investment. If you specialize in Finance, with a penchant for hosting financial services, Investment Banking is the right career choice for you.
Average Salary – 4-40 LPA
Pay Scale for Beginners: 10-12 LPA
Mid-level and Experienced Investment bankers - up to 30 LPA and more
Top Employers:
- Citibank
- Deutsche Bank
- HSBC
- Goldman Sachs
- JP Morgan Chase
9. Chartered Accountant
Chartered Accountants (CA) are an essential part of every industry as they serve as financial advisors, providing financial guidance to clients on managing money well. The demand for CAs increases every year, and it is one of the high-paying jobs in India.
To become a practicing CA, Commerce graduates must clear the CA course regulated by the Institute of Chartered Accountants of India (ICAI), New Delhi.
Chartered Accountant salary starts from ₹6-7 LPA and can go up to ₹30 LPA or more depending on experience and expertise. The average salary is ₹789,396, which makes chartered accountant one of the best jobs in India.
Top Employers:
- Standard Chartered
- Ernst & Young
- Deloitte
- KPMG
- BDO International
- Grant Thornton International
10. Marketing Manager
A Marketing Manager builds and executes the marketing strategies of a business to meet consumer needs and maximize profits. They work across all parallels of the industry, and the job role is growing by leaps and bounds. A bachelor's degree in Marketing Management or Business Administration is the basic qualification required to pursue a career in marketing management. One of the highest salary jobs in India, Marketing Managers design innovative products and solutions to meet company objectives and client demands.
The average salary of a Marketing manager in India is ₹7,01,976 LPA.
Entry-level salary - ₹4-6 LPA
Middle-level - ₹10-12 LPA
Senior Level - ₹15-22 LPA
Top Employers:
- IBM
- Amazon
- Flipkart
- TCS
- Tata Motors
11. Business Analyst
Business Analyst is one of the most in-demand jobs in India. A business analyst analyses the processes, systems, and models of operation of an organization to determine its performance. They can help a business make better decisions and improve its performance. Business Analyst is a highly rewarding career in India, with salaries among the highest in the job market.
Business Analyst salary in India ranges between ₹ 3.0 Lakhs to ₹ 16.0 Lakhs. It increases based on experience, making it one of the best jobs in India.
The average salary of a Business Analyst in India is ₹750,500 per annum.
Top Employers:
Microsoft
Citi
Accenture
Amazon
These high-paying jobs will keep your future secure and help you grow financially. As you consider giving your career a new direction in 2023, it's important to future-proof your skills by upskilling in the latest in-demand domains.
** For more ideas on the plethora of career choices that are available out there, and which career or careers are best for you, click here 👇
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