India is a growing nation that has made great economic progress over the past few decades. That is why college students and recent graduates in India are looking for jobs that pay the most money in their fields. India has also improved the way it treats job seekers and gives them good access to growth and wealth at the same time. People used to choose narrow career paths, such as medicine, engineering, law, etc., to grow in their lives.
But, thanks to technology and development, it is not the same now. Thus, today’s job seekers do not just look for high-level positions in the fields in which their parents or teachers worked. They now look for jobs in which they have a true passion and can earn good pay too. Many people looking for work are taking time to learn more about the career paths that might be a good fit for them and the interests they bring to the table. If you are also one of them, here are some of the best-paying jobs in India.
The Best-Paying Careers in India Today
1. Commercial pilot
If you have always wanted to be an airline pilot but do not know how to become one, this is all you need to read. Commercial piloting is a fancy field. It is always going to be in demand as people need to get from one place to another. A commercial pilot’s duties extend well beyond piloting a plane. A pilot is also responsible for all flight operations, like making sure the plane is ready to fly, following all aviation rules, and ensuring the safety of passengers and crew.
Qualifications: Candidates must be in good health and pass the necessary medical tests. They also must have a bachelor’s degree, ideally in a science field like Physics or Mathematics. One must also hold other licenses, such as an Air Carrier Pilot License and a Commercial Pilot License. These can be obtained at a reputable training facility.
Pay: A commercial pilot’s average annual pay is more than Rs 17 lakh (about $25,000). Considering base pay, incentives, overtime, and other perks, a pilot with less than a year of experience can expect an annual salary of around Rs 15 lakh. You can earn almost Rs. 50 lakh a year with experience.
2. Blockchain software engineer
When it comes to the financial sector, blockchain technology is at the forefront. A blockchain engineer is an expert in the field who can oversee and control the blockchain’s architecture. These engineers work with various technologies, such as Bitcoin, Ethereum, Ripple, R3, and others, as well as computer languages, security procedures, and crypto libraries. The rising value of cryptocurrencies like Bitcoin and Ethereum has led to a surge in their demand.
Pay: A blockchain developer in India can earn a starting salary of more than Rs. 8 lakh per year. Due to the rise in demand for more people in this field, salaries have increased to as much as Rs 45 lakh per year.
3. Financial advisor
Investment banking is one of the best-paying jobs because investment bankers make money for the companies they work for.
Qualifications: A bachelor’s degree is a must in fields such as Economics, Maths, Business or Finance. An MBA in finance can provide you with a competitive edge.
Pay: MBA salary in India can range from Rs. 4 lakh to Rs. 40 lakh per year. For new hires, the pay ranges from Rs 10 lakh to Rs 12 lakh per year.
4. Medical field (doctors and surgeons)
Dentistry, cardiology, gynecology, paediatrics, oncology, nursing, pharmacy, healthcare administration, and many more subspecialties all rank among the highest-paying jobs in the country.
Qualifications: A medical degree (MBBS) is required.
Pay: Beginners might expect an annual salary of roughly Rs. 6 lakh. Those with ten years of experience or more can expect an annual salary of up to Rs. 20 lakh. Doctor Salary in India differ with the fields, but they easily range from Rs. 6 lakh to Rs. 50 lakh.
5. Chartered accountant
A chartered accountant’s (CA) main job is to advise clients on good financial management. This makes CA jobs vital in every sector. As one of the best-paying professions in India, the need for CAs is on the rise.
Qualifications: Commerce majors who want to work as CAs must pass the CA exam given by the Institute of Chartered Accountants of India (ICAI), which is based in New Delhi.
Pay: CA Pay in India can go from Rs. 52,00,000 to Rs. 60,00,000 per year. At an annual salary of Rs. 7,89,396 on average, chartered accounting is one of the highest-paying professions in India.
A lawyer practices law, gives legal advice to people, prepares court cases, and fights for justice. It is one of the noblest and most prestigious professions in the world. The enrolment and licensing of lawyers in India are done by the Bar Council of India.
Qualification: You need a law degree, also known as an LLB. You can take a 5-year law course after high school or a 3-year law course after graduation. In India, a law graduate must pass an exam given by the Bar Council of India in order to be able to work as a lawyer.
Pay: On average, a lawyer’s salary in India ranges from Rs. 6 lakh to Rs. 15 lakh per year for corporate lawyers. Those who practice law in courts as attorneys make from Rs. 10 lakhs to Rs. 50 lakhs per year, depending on their area of practice and experience.
All the above are examples of highly compensated careers in India today. But they are not your only options. Many other fields also offer good salaries, such as marketing executives, executive chefs, growth hackers, public servants, machine learning engineers, and web developers. Many people like to work for the government. You can reach the top of your field by working hard and wisely.
Read more related blogs or articles on financial management on the Piramal Finance website. You can also explore their financial products and services, such as personal loans, credit cards, and financial calculators.
Also Read: Top 10 Highest-Paying Jobs In India for 2022