Top 10 Highest Salary Jobs in India | Highest Paying Jobs Public and Private Jobs 2022 – SeekEx
Students work tirelessly throughout their years of education to obtain the highest-paying job. The pay should justify all the labour you have put in all through these years. Are you someone who is looking for a career that can reward you with the highest salary? You are at the right place! This blog will take you through the highest salary jobs in India and how you can get one of them.
Today, the world has become quite competitive and students have to battle to obtain their dream job that pays them well. Choosing the right job is not that easy. To make the process easier and have access to the highest salary jobs in India you must consult career experts on the SeekEx app. The career experts will analyse your interests and align them with the available career options that can render you a high-paying job in India. When selecting a career option, salary is the biggest factor that we consider. Hence, with the help of career experts, students get guidance to walk through the right career path for a high-paying job.
Factors that affect the salary of jobs in India
- 1 Factors that affect the salary of jobs in India
- 2 List of Top 10 Highest Salary Jobs in India
- 3 Highest Paying Public Sector Jobs
- 4 Highest salary Private Sector Jobs
- 5 How can SeekEX help?
- 6 Conclusion
- 7 Frequently Asked Questions
A career is attractive depending upon career growth, popularity, and job security. Basically, in India, the jobs can be segregated into two broad types: Private Jobs and Public jobs. Different institutions whether it is private or public pay their employees according to different factors. So, before searching for the highest salary jobs in India, you must know about the factors that can significantly affect your salary:
- Experience: In India, years of experience are one of the crucial factors to determine your salary. The higher your experience, the higher will be your salary. While determining the highest-paid jobs in India, you must consider the fact that professionals with more than 10 years of experience are paid well above those who are less experienced.
- Location: India is a vast country with different tiers of cities. Each city offers different pay packages for individuals. Thus, the highest salary jobs in India are available in major cities. Whereas the companies operating from tier-2 cities and towns offer comparatively low-salary jobs. That’s the reason a huge number of people immigrate to these cities. For example, The same level of job pays more in the cities like Bangalore and Gurgaon than in Ranchi or Pondicherry.
- Educational Qualification: Every job profile has distinct requirements. The requirements must match your education. Only then you can find yourself on the top of the pay scale. Also, make sure to obtain higher education as that would render you better job roles and enable you to find the highest-paying jobs in India. A Master’s degree will surely bring better packages than a bachelor’s degree.
List of Top 10 Highest Salary Jobs in India
1. Medical Professionals
According to various types of research, the jobs of medical professionals (Doctors & Surgeons) are considered one of the most popular highest-paid jobs in India. The average salary of medical professionals in India is around 10 LPA, 25% of them earn an annual package of 20 LPA. Generally, the salary of medical professionals depends upon the specialisation stream that they are from. These days,along with the traditional specialisations, professionals also opt for some other high-paying specialisations are Optometry, domains, Pharmacy, Dentistry, etc.
India is a country where both private and government institutions form the healthcare sector. Due to the rapid incidence of diseases, the demand for affordable and quality healthcare service providers is increasing. Thus the jobs of medical professionals have become one of the highest salary jobs in India. If you desire to get a job as a doctor or surgeon then you must obtain an MBBS degree (Bachelor of Medicine and Bachelor of Surgery). These days mental health has created a new space and psychologists are also high in demand. Day by day psychologists’ salaries in India have become lucrative.
2. Data Scientist
Among the best jobs in India, the job of a data scientist acquires a vital position. The initial pay package of Data Scientists even those with no work experience is between 4 to 12 Lacs per annum. With only 5 years of experience in this field, a data scientist can earn around 60-70LPA. The career options like medical professionals were there around for a long time. But the career of a data scientist is relatively new and offers a lucrative package.
The job of a data scientist is one of the highest salary jobs in India. As everything today around us is data and thus expertise in managing the data is required. Engineers even without coding or programming knowledge can opt to become data scientists. Although being skilled at programming languages is an added advantage. The most important skill that is required for this job profile is the ability to work with complex formulas. A data scientist is one who acquires insights from the data and accordingly makes certain business decisions to improve profits as well as customer relationships.
3. Machine Learning Experts
Another popular highest salary job in India is Machine learning engineer. Entry-level professionals get an average salary of around 6-7LPA. However, the salary may range up to 1cr per annum for those who have gained experience of 10-19 years in this field. Bangalore is among the cities in India that can provide the best machine learning job opportunities. Having knowledge of Python and other similar programming languages shall improve the average salary of professionals in this field.
Machine Learning is a part of artificial intelligence that is nowadays incorporated across various industries like BFSI, retail, healthcare, transportation, etc. It is one of the best jobs in India and its job market is continuously expanding. A candidate who wants to become a machine learning expert has to complete B.E./B.Tech in Computer Science/Information Technology/ Data Science/ Statistics. Moreover, acquiring higher degrees such as postgraduate or doctorate degrees in similar fields will add value to your qualifications.
4. IAS and IPS
If you are looking for the highest salary jobs in the Indian government then opt for IAS and IPS. These two are like pillars that are in charge of management and advancement of the country. Union Public Service Commission(UPSC) is the competitive exam that a candidate has to pass for getting selected as IAS or IPS. Indian Administrative Services(IAS) appoints candidates to the post of Superintendent of Police. Similarly, the Indian Police Services(IPS) appoints the candidates to the post of DM(District Magistrate).
Both IAS and IPS work together to maintain harmony and run the administration. That’s the reason they are well paid and these are considered the highest salary jobs in India. As per the seventh pay commission, the compensation range for IAS and IPS is in the range of 6-7LPA.
5. National Defence Services
This is another job profile that is among the top highest-paid government jobs in India. National Defence Services comprises three uniformed services that are Indian army, the Indian Air Force, and the Indian Navy. To grab a job in these services, candidates need to qualify in different exams like NDA, AFCAT, CDS, etc. Different exams are held for different job positions in defence services. Although the job profile of defence services is challenging it is quite rewarding. They earn a handsome salary that ranges between 7-12LPA.
6. Commercial Pilot
Among the highest salary jobs in India, the commercial pilot job is one of the best on the list. A pilot is one who is responsible to operate a flight. There are different categories of commercial pilots such as air carrier pilots, airline captains, air force pilots, commuting pilots, and aeroplane pilots. The salary of commercial pilots in India highly depends on their experience. Typically, the starting salary is around INR 16 Lakhs per annum. Apart from the commercial pilots, air traffic controller salary in India are also high. So, it can be said that all the professions related to flying are well paid for.
To serve as commercial airline pilots in India the pilots need to have 250 flight hours. Further, the salary is directly influenced by the qualification, sector you have applied for, and the total flight hours. These days private companies also hire pilots who have worked in the Navy. With 20 years of experience, roughly a commercial pilot’s salary in India can range up to INR 70 LPA.
7. Management Consultant
Today, there is tremendous growth in management consultants in India. To get jobs as management consultants a candidate must obtain a bachelor’s or master’s degree in business-related fields. Although all stream candidates are allowed entry in this profession those who are from Finance, Accounting, or Economics backgrounds have an added advantage. Moreover, many companies are also accepting management consulting certifications.
It is considered one of the highest salary jobs in India as the average salary of a management consultant ranges up to 11-12LPA. An entry-level consultant may make around INR 6-7 LPA while with a few years of experience salary may range up to 8-11 LPA. The highly experienced management consultants can even earn from INR18-23 LPA. The primary job role of a management consultant is to help the companies tackle the problems of the businesses, improve performance and thus maximise growth. The job responsibilities include the strategy, management, structure, and operations of the company.
8. Investment Banker
For decades investment banking has been a popular career profile. It is not only the highest salary job in India but across the world. An investment banker is one who helps their client either a bank or a firm to invest their money wisely so that they can obtain the highest possible returns. Hence, it is one of the best jobs in India that allows you to deal with your money as well as others.
The investment banker’s salary in India ranges between INR 4-40 LPA. The pay scale of a fresher is between 10-12 LPA whereas experienced professionals earn INR 30 LPA or even more as the experience grows. India has a diverse banking and financial services network that is continuously expanding. This is the prime reason why investment banker jobs have increased over the period of time. To be an investment banker, a candidate must obtain a bachelor’s degree in Business Administration, Economics, Finance, or related. Having a master’s degree in any of these specialisations is an added advantage.
9. Chartered Accountants
The Chartered Accountants are the ones who are members of ICAI (Institute of Chartered Accountants of India). Currently, India faces a huge crisis of chartered accountants, and hence it is one of the highest salary jobs in India. The starting salary of a CA is around 6-7 Lakhs per annum which can rise up to 30 LPA depending upon the expertise and experience level.
To become a Chartered Accountant, a candidate must have completed graduation or post-graduation with a minimum of 55% marks from the commerce stream. Upon passing the intermediate level of the Institute of Company Secretaries of India and the Institute of Cost Accountants of India can pursue the course offered by ICAI. However, other stream graduates and postgraduates can also pursue the CA course but in that case, the required percentage of marks is 60%.
10. Marketing Manager
Marketing is one of the vital components of any industry. With the rapid advancement of digitalisation, the need for marketing personnel has increased manifold. Today, a huge number of companies tend to hire marketing professionals to add value to the organisation. The job of a marketing manager is considered one of the highest salary jobs in India. The pay salary of entry-level professionals is around INR 4-6L whereas experienced managers earn around 15-22 LPA. A candidate with a bachelor’s degree in marketing management or business administration is eligible to work as a marketing manager.
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Highest Paying Public Sector Jobs
In India, the public sector is vast and includes many departments. The top jobs are available in administrative or civil services. Apart from that Defence Services, Banking Services, ISRO, or DRDO Scientists jobs also have lucrative pay packages. Usually, candidates have to qualify in certain competitive exams to get a hand in these jobs. Some of the popular highest salary jobs in India in the government sector are:
- IAS and IPS: These are popular job options that the candidates opt for in the public sector. Upon getting selected as IAS or IPS, they earn a salary in the range of 6-7 LPA.
- Defence Services: Candidates can qualify in the specific examinations and work for three uniformed services: the Indian Army, Indian Air Force, and Indian Navy. Beyond the fact that their job role is quite challenging, they earn quite high packages.
- Scientists/Engineers: Due to rapid development projects, a huge number of engineers and scientists are hired by the government. Computer Science Engineering salary in India is considered one the best among other engineering branches.
- Banking Services: Among various other career options, the banking sector is preferred by many. Various banking examinations are held to hire candidates. These exams include RBI grade B, SBI, and IBPS exams.
- Staff Selection Commission: SSC examination is conducted to recruit staff in different departments of the ministries. Group B and C positions have a good pay package and lucrative incentives.
There are many more jobs in the government sector that come under the highest salary jobs in India. These jobs are preferred by the candidates the most because they have a good salary as well as offer several facilities and perks.
Highest salary Private Sector Jobs
Definitely, government sector jobs have good pay packages and are preferred by the majority of candidates. But the highest paid jobs are majorly available in private companies. One of the best things about private jobs is that the salary depends upon your skills and abilities. If you have desired skills and the ability to contribute significantly to the growth of the company then the private companies are ready to pay you salary packages beyond the normal ranges.
Whereas when a candidate gets selected for a government job the pay may be high but that is the same for all others even for those who have better skills and abilities. This is what makes private jobs higher paying than government jobs. Irrespective of the fact that you are working in a public or private job, you can achieve a high salary if you contribute your best.
Among various other job profiles, the Btech Computer Science salary is quite high. These days computer science engineers are high in demand due to the introduction of computer science technology across all industries. Apart from computer science, professionals working as Biomedical engineers are also well paid. Biomedical engineering salaries in India can range up to 5 LPA. However, the salaries are greatly impacted by experience, skills, and job location.
In recent times, artificial intelligence jobs and machine learning jobs in private companies offer high pay packages. Not only science stream students but commerce and arts stream students have a huge number of job opportunities in the private sector. Career options like professors, lecturers, teachers, and archaeologists are highly popular among arts stream students. Whereas commerce stream students prefer jobs as Chartered accountants, management consultants, and investment bankers in private companies.
How can SeekEX help?
One of the main motives for choosing a particular profession is earning a good income. Choosing a profession just because it is one of the highest-salary jobs in India is not the right way to succeed in your career. If you are not interested in your job then you can’t grow in it in a long run. So, what can you do?
Consult career experts! The best way to determine the right profession considering your preferences and the highest salary is to have a session with knowledgeable career experts. SeekEx has the best experts who can guide you about different career options and the ways you can choose the best one.
Besides, helping you to choose the right career option and get hold of a good job, SeekEx’s career experts also render you a complete career road map. According to a career road map, you can obtain skills and eventually grow and earn your desired salary.
In this blog, you came across the top 10 highest-paying jobs in India. These jobs are the ones that are most in demand and thus enable you to grow financially. One thing that is common in all these jobs is that the salary is directly proportional to your skills and the demands of that field. If you desire to earn a good salary you must choose the career that is in demand as well as that interests you. Only when you are clear and focused on your goal, you can determine the right career path and obtain the best salary. Hence, consult the career experts on SeekEx & obtain the desired salary job with ease.
Frequently Asked Questions
Which job has the highest salary in India?
The salary of a job depends on numerous factors. However, data scientist and commercial pilot jobs can be considered as one the highest salary jobs in India.
Which engineering has the highest salary in India?
Computer Science Engineering has the highest salary in India. Although Artificial Intelligence Engineering and Machine Learning Engineering jobs also have high pay packages.
3. What are the high-salary jobs in Science Stream?
Engineering, commercial pilot, Data Scientist, and Machine Learning Experts are some of the popular high-salary jobs in the Science Stream.
What are the high-salary jobs in Commerce Stream?
Chartered Accountant job is one of the high-salary jobs in the Commerce Stream. However, commerce stream students can also opt for government sector jobs and banking jobs for high salaries.
What are the high-salary jobs in Arts Stream?
Arts stream students have numerous job options available that have high salaries like the job of a lecturer/professor, IAS, IPS, SSC, etc.