Top 10 Highest Paying Jobs In India to Start Career In 2024

The highest paying jobs in India always tempt individuals. This is also one of the most motivating factors for the employees in a job. After all, who doesn’t want stable monetary funds to run a smooth life? Right?

Every job requires a different skill set and knowledge base. Therefore, an individual must decide their area of interest and find a suitable job!

As plenty of jobs are available in both public and private sectors, we mention the highest paying jobs in India with associated details. Let’s dive in!

Top 10 Highest Paying Jobs in India

  1. Medical Professionals
  2. Data Scientist
  3. Machine Learning Experts
  4. Product Manager
  5. Blockchain Developer
  6. Full Stack Software Developer
  7. Investment Banker
  8. Commercial Pilot
  9. Chartered Accountant
  10. Software Architect

So Let’s Start

1. Medical Professionals

The medical sector provides one of the highest-paying jobs in India. The healthcare industry is extremely vast and always active due to high demand. Therefore, there will never be a shortage of recruitment. These are also one of the most demanding jobs in India.

According to the Union minister of health and family welfare, India’s doctor-population ratio is 1:834.

Amongst these professionals, physicians and surgeons are the highest in demand. Moreover, they get highly paid. Both these professions have specializations in various fields such as:

  • Orthopedics
  • Ophthalmology
  • Obstetrics and Gynaecology
  • Otorhinolaryngology
  • Radiology
  • Urology
  • Neurosurgeon

And many more.

Roles and Responsibilities

These medical professionals help the patients with:

  • Diagnostics
  • Providing medicines
  • Treating ailments
  • Ordering tests
  • Evaluating medical tests, etc.

Eligibility

For becoming a medical professional, you must clear the national-level examination, NEET. This exam is held annually. After clearing this test, you become eligible to be admitted into top medical colleges in India. After attaining a degree, you can pursue medical courses thereafter.

Salary

  • Highest Annual Salary of a Physician: INR 20 LPA
  • Highest Annual Salary of a Surgeon: INR 36.4 LPA

3. Data Scientist

We are driven by big data, and according to the statistics, it is estimated that by 2025, the volume of global data will touch 180 zettabytes.

As the demand for data science rises, recruiting data scientists in different organizations has also become important. The job of a data scientist is challenging and requires good analytical and calculative skills. It is one of the best jobs in India.

Roles and Responsibilities

As there is humongous data in each organization, it is the duty of a data scientist to understand, decode, and find solutions to data-related problems. A data scientist must

  • Build algorithms and analyze outcomes
  • Should be proficient in machine learning techniques to increase the quality of data
  • Find anomalies in the data and gather insights
  • Have a good understanding of Python, SQL, and other programming languages to use and data analysis
  • Coordinate with the team and implement mutual results

Eligibility

An individual has the following options for becoming a data scientist:

  • B.E/B. Tech: Basic knowledge of maths and computer science. Some institutions may ask for 50% aggregate in senior secondary education.
  • Diploma in Data Science: BE/B.Tech degree with a minimum of 50% aggregate.
  • MSc/M.Tech in Data Science: B.E/B.Tech/B.Sc Computer Science/B.Sc Mathematics and a minimum of 50% aggregate may be required in some colleges/universities.
  • PhD. in Data Science: M.Tech/MSc with a minimum aggregate of 50%.

Salary

Highest average salary: INR 25.2 LPA

3. Machine Learning Experts

Machine learning is a branch of computer science that develops algorithms, understands data, and makes predictions for better results.

Roles and Responsibilities

As a machine learning expert, it is crucial to have the following skills:

  • Analyzing data and finding relationships between input and targeted output
  • Master in processes like data collection, pre-processing, training models, etc.
  • Must hold expertise in artificial intelligence and stay at par with the latest innovations in the field
  • Managing resources like data and hardware
  • Visualizing data and understanding differences in the process of data distribution that could negatively impact the performance while deploying a model

Eligibility

Machine learning experts are expected to have a Master’s degree in computer science or related fields or a Ph.D. degree.

Salary

Average machine learning expert salary in India: INR 7,27,457

4. Product Manager

In any organization, a product manager is responsible for the overall development of a product. They supervise every stage of the product development until its deployment. It is one of the highest-paying jobs in India.

Roles and responsibilities:

  • Understanding the requirements of the client
  • Analyzing competitive analysis and finding appropriate steps in the product development process
  • Creating a vision and a timeline for the project
  • Keeping a check on every step of development
  • Coordinating with the teams standing their point of use to implement the steps

Eligibility

A product manager is expected to hold at least a Bachelor’s degree in computer science or related fields. However, an individual with a Master’s degree is preferred more for the post of a product manager because of more experience and skill set.

Salary

Highest average salary: INR 35 LPA

5. Blockchain Developer

At present, blockchain development is booming day by day. According to statistics, 56% of Indian businesses are shifting toward Blockchain technology. This is one of the best jobs in India.

Blockchain development can be seen as challenging and a little mysterious. However, it has become more common nowadays. It is all about building, designing, and maintaining blockchain applications.

Blockchain is a database used to store and manage data. As you know, databases are tables with rows and columns, but in blockchain, information is stored digitally in blocks. Every block has a capacity; as soon as it fills up, the block closes, links to the next block, and creates a chain.

Roles and responsibilities:

A Blockchain developer is expected to perform the following roles:

  • Creating, managing, and maintaining the architecture of blockchain
  • Blockchain software developers are responsible for handling front-end and back-end development
  • Designing protocols and supervising the network
  • Building security patterns

Eligibility

A blockchain developer must have a bachelor’s degree in computer science or a related field. It is recommended to have a master’s degree to get high-paying jobs in this respective field.

Salary

Highest average salary: INR 20 LPA

6. Full stack software developer

Software developers have always been in demand in every organization. There are various types of software developers, such as front-end software developers, back-end software developers, full-stack software developers, and more. This is one of the most demanding jobs in India.

Full stack software developers are one of the highest paying jobs in India. It provides job stability to individuals and a promising career.

Roles and responsibilities:

A full stack software developer must:

  • Have expertise in various programming languages such as C, C++, JavaScript, Python, HTML, etc.
  • Have a good knowledge base of database management, including MySQL, SQL, etc.
  • Be great at teamwork because a full stack software developer has to coordinate with the demands of the teammates in case of designing, content, etc.
  • meet the demands of the team or organization

Eligibility

A full stack developer is expected to hold a bachelor’s degree in computer science or a master’s degree in computer science or related fields.

They must hold expertise in various programming languages like JavaScript, Python, C++, and C#, and a deep understanding of DBMS.

Salary

Highest average salary: INR 17 LPA

7. Investment Banker

Investment Banker is one of the highest paying jobs in India. They help the clients to understand capital markets and make investments.

According to statistics, investment bankers made a whopping 2200 crores in 2021.

As you can see, this job provides excellent money flow.

Roles and responsibilities:

  • Understanding the financial market and day-to-day updates
  • Advising clients on investment opportunities
  • Issuing debt and selling equity for the client

Eligibility

A bachelor’s degree in finance, economics, accounting, or business.

Salary

Highest average salary: INR 35 LPA

8. Commercial Pilot

Many people wish to fly aircraft. For that, there is an option to become a commercial pilot. This is one of the highest paying jobs in India and one of the most reputed ones!

According to statistics, India needs 1000-1200 pilots annually due to the increasing demand.

Roles and responsibilities:

  • Inspection of the airplane
  • Flying the plane as per the flight plans and adjusting to the strict schedule
  • Managing the work schedules for crew and other team members
  • Conducting pre-flight safety checks and working with the maintenance crew to solve any issues beforehand if any
  • Maintaining safe flying conditions in conditions like bad weather
  • Tracking schedules for on-time deliveries and keeping a check on the delivery of cargo

Eligibility

  • 50% in science stream with Physics, Chemistry, and Mathematics in 12th standard
  • Minimum age of 17 years
  • Must pass 2 medical tests to become eligible for CPL (Commercial Pilot License)

Salary

Highest average salary: INR 85 LPA

9. Chartered Accountant

Many people with a commerce background desire to become chartered accountants. It is one of the most reputed and sought-after jobs in India. However, it is challenging to clear the exam as the competition is higher and the number of candidates too!

Roles and responsibilities:

  • Assisting the clients with financial advice
  • Managing budgets and performing financial audits
  • Analyzing risks of the financial market
  • Advising and guiding on taxes and tax planning
  • Maintaining records and accounts information of different clients
  • Preparing monthly financial reports
  • Recommending solutions to any accounting issues

Eligibility

  • Graduates or post-graduate students in Commerce with a minimum 55% aggregate
  • Graduates or post-graduate students in other streams (other than commerce) with a minimum 60% aggregate
  • After that, individuals must appear in the CA exam, conducted by the ICAI (Institutes of Chartered Accountants of India) annually

Salary

Highest average salary: INR 15 LPA

10. Software Architect

A software architect is a software engineer responsible for presenting designs for the organization’s overall structure. This job is one of the highest salary jobs in India.

There is a high demand for software architects in every company. Therefore, this job field provides good opportunities and a well-paying salary!

Roles and responsibilities:

  • Provide leadership and technical expertise to the team
  • Handling the entire project design, development phase, and its release
  • Design and analyzing the software development life-cycle helpful for the project
  • Must implement expertise in hard and soft skills for the betterment of the company
  • Must have problem-solving skills to handle technical as well as non-technical issues
  • Should have the expertise to handle all the technicalities in the development project giving attention to the details

Eligibility

A software architect is expected to hold a bachelor’s degree in computer science or a master’s degree in computer science or related fields.

Salary

Highest average salary: INR 47 LPA

Top 10 IT Companies in India

Name Established In Revenue (FY 2022)
Tata Consultancy Service 1968 $25.707 Billion
Infosys 1981 INR 34,470 Crores
HCL Technologies 1991 INR 856 Billion
Wipro Ltd. 1945 $10.693B
Tech Mahindra 1986 INR 44,646 Crores
Larsen & Toubro Infotech Ltd. 1996 INR 156,687 Million
Mphasis Ltd 1998 INR 118.6 Million
Redington India 1993 INR 78,542 Million
Mindtree Ltd 1999 INR 28,974 Million
Hexaware Technologies Ltd. 1990 INR 71,777 Million (2021)

Conclusion

With this, we have reached the end of this article. As you can see, some of the highest-paying jobs in India provide job stability and a high standard of living. It is completely on you to decide and opt for the job that suits you best. However, you must meet the eligibility criteria of the job profile.

We hope the post helps you get detailed information about the highest-paying jobs in India.

Good luck!

Frequently Asked Questions (FAQs)

Question: Which job has the highest salary in India?

Answer: There are multiple jobs such as investment banker, blockchain developer, software architect, physician, etc.

Question: Which career is best for the future?

Answer. This depends on individual interests. However, we mentioned the best jobs in India. You can make a choice based on this data.

Question: Which industry pays the most?

Answer: There are many industries, such as healthcare, IT, government, etc.

Question: Which IT company pays the highest salary?

Answer: Many tech giants such as Infosys, HCL, Wipro, TCS, etc. Every company has different pay scales based on the individual’s expertise and the job profile.

Question: What are the most in-demand IT skills?

Answer: The most in-demand skills are blockchain development, machine learning, artificial intelligence, and traditional programming languages such as Python, React, JavaScript, etc.

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