“Choose a job you love, and you will never have to work a day in your life-” Confucius said something like this ages ago and yet this quote still holds relevance in present times. The famous Chinese philosopher knew that the aspirations of people should be in line with the career they want to pursue to lead a fulfilling and rewarding professional life. And indeed working towards building a remarkable career that leads you to your dream lifestyle is a goal that everyone wants to achieve. To help you declutter your career choices for finding your job fit, we have compiled a list of some of the highest paying jobs in India.
It goes without saying that the growth of the Indian economy has paved the way for new professional opportunities. Unlike before when the two most sought-after professions i.e. engineer and doctor were the buzzwords, now there are a plethora of career options that are to witness the popularity trajectory on a much grander scale. Today, it is no longer just about the better career prospects for engineers or doctors as there are numerous other options that provide the highest paying jobs. Choosing any of the below-mentioned fields as your career will surely help you bring in generous paychecks.
IT and Software Engineer
The unprecedented growth of the IT sector in India has made way for aspiring individuals to build a career in this field. It is obvious that jobs in IT are ranked among some of the highest paying jobs in the world and multinational corporations look up to this country for procuring some of the brightest minds that are available in plenty in this soil.
With the proliferation of the digital platforms and rapid mechanization, we cannot imagine an ideal world without software engineers, programmers, coders, and ethical hackers to name a few. There are enormous opportunities in this profession and depending upon a person’s skills and talent, and there is no limit to growth. *Median Base Salary ForFresher: 4.33Lakh per annumMid-Career: 7.89 Lakh per annumExperienced: 1Million per annum
Do you focus more on seeking solutions than asking questions? Are you a solution finder? Do you feel immensely satisfied while decoding complex problems? If you have inherited these traits then you can envision your career as a business analyst. The minimum requirements you should meet for taking up analytical roles are immeasurable love for numbers and analytical thinking.
A business analyst is responsible for devising technical solutions that can prove extremely vital for any business. Gone are the days of old age techniques that were used to determine the growth of business. Thanks to the modern sophisticated tools, it has become more than easy to scan and prepare accurate data for predicting the future growth trend of business. For performing such roles, you will get hefty paychecks. Without doubt, business analysts are valuable resource for any organization for developing strategies and immaculate business planning.
*Median Base Salary ForFresher: 6 Lakh per annumMid-Career: 8.5 Lakh per annumExperienced: 11.50 Lakh per annum
The prestigious world of administrative services needs no introduction. IAS exams are known as the oldest, toughest tests ever in the Indian history- by the way, which is also a brainchild of Lord Cornwallis, a British government official. Even today, it is the only gateway to enter into the administrative class and earn prestigious stature in society. Post the 7th Pay Commission, there is no way to resist the temptation of choosing such a career. There are several top-notch administrative roles that come within the ambit of civil services, one of them being the Indian Foreign Services.
*Median Base Salary ForCivil Services Officer- starting from 6.7 Lakh per annum
Investment banking is one of those promising career options where you can craft a prosperous and rewarding future. If your concepts of living a wholesome life revolve around lavish lifestyle and shopping sprees, then you have what it takes to become an investment banker. As a matter of fact, the key responsibility areas of this job are: dealing with capital resources for governments, companies and other entities, managing money in large quantities, and partaking in mergers and acquisitions among other responsibilities. In brief, you will shoulder all the money-management related responsibilities and play an important part in organizational growth. Before you embark on this career journey, take a look at the salaries offered in this job.
*Median Base Salary For Fresher: 12 Lakh per annumMid-Career: 30 Lakh per annumExperienced: 50 Lakh per annum
Next on the list is the management profession. It is an all-encompassing role that touches upon several business themes like marketing, Human Resources, Finance, and Operations and Logistics. Today, there are several premier MBA colleges that mold the deserving candidates into a potential marketing professional. Most of the business graduates make waves in the market due to the hefty package they receive during campus placements. However, the scope is not just limited to IIM or ISB and reputed Indian universities make for great packages to BBA, B.A. (H) Economics, and B.Com. graduates.
*Median Base Salary ForMBA Graduates: 23.5 Lakh per annum
Choosing a career in the legal profession will not only help you earn a hefty salary but also contribute towards the society for the job well done. The complexities of the legal system have made it obvious for the lawyers to perform a variety of legal functions ranging from mediators, paralegals, and secretaries to judges and consultants. That is why; there is no dearth of work in this profession for there are millions of pending cases stacked in anticipation of justice.
The scope in law field extends beyond the judicial premises for there are many businesses that cannot do without the services of personal lawyers. These legal experts keep any unwanted threats at bay and act as a robust shield for ensuring the safety of the organization. More often than not the lawyers have helped many businesses at times when there was a fear of brand image getting tarnished. There is no doubt in saying that legal professions rank among the highest salary jobs in India.
Another reason why this career is one of the most revered professions is that clients always hold lawyers in high regard. For weeding out any legal hurdles, these legal experts come to the rescue of the affected individual/party/organization. The best part is that individuals can practice individually if they do not want to associate themselves with any organization.
*Median Base Salary ForIndividual Practitioners – Senior Attorney -9.5 lakh per annumCorporate Lawyers - starting salary ranges between 5 – 6 lakh per annum
Financial issues like GST and the demonetization, as you may already be aware, have affected the Indian masses in recent times. With that being said, it is an axiomatic fact that chartered accountants are the most sought-after professionals that thrive in the ever-changing financial environment. They know how to clean up any kind of financial mess, and that is why accounting professionals are highly valued in the industry. It comes as no surprise that financial management seems like an oddball concept in different parts of the economy where different industries require holistic solutions. And in such situation, chartered accountants emerge as a sort of a savior who provides financial expertise in various areas ranging from accountancy, audit, and taxation to consultation services. Is there anything better than choosing a job that pays well and has ample scope not only locally, but globally as well?
*Median Base Salary ForFresher: 5.5 Lakh per annumMid-Career: 12.80 Lakh per annumExperienced: 25.70 Lakh per annum
In the hustle and bustle of the modern lifestyle, the stress and diseases of all types can eventually take a toll on humanity. Needless to say, medical professionals are revered around the globe. As the average life expectancy of human beings depends on a multitude of factors, a key consideration is the contribution of primary care doctors behind its increase.
As a medical practitioner, you can live a life of value and give back to society with your services. For a doctor, earning knows no bounds given that the deep-seated proclivity towards the right treatment of the patients is embedded in your heart. You can either start practicing individually or get associated with reputed healthcare brands and hospital chains worldwide. Moreover, it comes as no surprise that doctors also dominate the list of the highest paying jobs in India.
*Median Base Salary ForFresher: 4.8 Lakh per annumMid-Career: 8.10 Lakh per annumExperienced: 17 Lakh per annum
So, there you got it, the list of some of the highest paying jobs that capture every aspirant’s fancy. Today, the list is wide-ranging when it comes to finding such lucrative jobs. However, the best part is you can choose a career based on your interests and inclination towards a particular job. You can also choose the job you love on MonsterIndia.com.
*All figures shown are merely for reference purpose, please note that the actual number/stats are subject to change.
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