While passion, skills and ideals may play an important role in choosing a career path, money is what helps us to sustain that path. Besides, who doesn’t want a career that rewards well in terms of money? Let’s be honest here, we all do. In fact, one of the best motivators to do better in your career is money. Thus, highest paid jobs in India are extremely sought after.
While some may already have a career path decided for themselves, others may be interested in a career that pays the most. With the cost of living only increasing every year and the desire to lead a better lifestyle, it is only natural that we look at the salary before choosing a career path.
Here, I have a list of the most handsomely paying jobs in India.
Highest Paid Jobs in India
1. Doctor/ Surgeon
No matter where they are on their career graph, doctors and surgeons are always paid well. Of course, you need to put in years and years worth of hard work to become a doctor. This is one of the highest paying jobs in India for freshers as well.
Depending upon whether you have your own practice or work at a hospital, the kind of hospital you work at and the city of work, the salary can vary greatly. However, you can expect an average salary of about INR 500k a year at the entry level. And this will only go up as you gain experience.
2. Data Scientist
Data science has gained a lot of importance in recent years. The scope for data scientists is also ample and this scope is also expected to only go up. Not just that, the payment is pretty good too. All these reasons make data science a pretty rewarding career path. A data scientist basically uses and analyzes ‘data’ to achieve specific goals.
But, the best part is that this is one of the highest paid jobs in India without a degree. You don’t need to have a degree to pursue a career in data science. You just need to have the skills and the right knowledge. At an entry level, you can expect to be paid INR 5 lacs with less than a year of experience. When you are experienced enough, you can expect to get paid about 20 lacs a year.
3. Software Developer
Another one of the highest paying jobs in India is that of a software developer. This is also one of the most popular career choices in India. You need to have a sound knowledge of the coding languages and a degree in computers to be eligible for this job.
While the entry level salary for this job profile can vary greatly (anywhere from INR 1 lac to 8 lacs a year), this is a great career choice for the longer term. With experience, the salary goes up to as high as INR 25 to 30 lacs a year and even more in some cases.
4. Investment Banker
One of the highest paid jobs in India for freshers is investment banking. The career of an investment banker is extremely rewarding in terms of the money. But, of course, you need to be willing to put in A LOT of hard work, dedication and time to pursue this career field.
Even though this is a challenging field, the money you receive at the end of the month is totally worth it. As an investment banker, you will work with financial institutions to raise capital.
At the beginning of your career, you can expect to be paid INR 7 lacs per annum. The figure only goes up high as you gain more experience and can go up to more than INR 50 lacs a year.
5. Chartered Accountant
Chartered accountant isn’t just a highly paid job in India but it is very well respected too. Chartered accountants basically handle finances for individuals as well as companies. It takes years to master this profession and the hard work you need to put behind becoming a CA is also massive. But, this career is definitely worth it in terms of money.
At an entry level, you can expect a salary of about INR 7 lacs a year and this can go up to 30 lacs a year.
6. Management Professional
Another one of the highest paid jobs in India is that of a management professional. This encompasses a wide range of roles, fields and areas of work. This covers everything right from sales and marketing to HR. To become a qualified management professional, you need to have a postgraduate degree in management.
MBA from a reputed college can fetch you minimum INR 12 lacs per annum as a beginner. The salary can go up as high as INR 30 to 50 lacs with experience.
7. Machine Learning Professional
Another career path that has gained huge demand in India is machine learning as this field has taken the world by storm. The scope in this field is ever increasing and isn’t bound to reduce anytime soon.
You need to possess good technical skills for this job. This is one of the highest paid jobs in India as freshers and you can expect a salary of about INR 5 lacs per annum. This salary can go up as high as INR 20 to 25 lacs as you gain experience.
8. Commercial Pilot
The job of a commercial pilot is one of the highest paid jobs in India. If aviation interests and intrigues you, this is definitely an amazing career choice. This is also a pretty exciting job.
As a commercial pilot, you will be paid INR 1.5 lacs per month as the starting salary. This salary will go up to INR 5 to 6 lacs per month as you get more experienced.
9. Civil Service Officer
A civil service officer is one of the highest paid government jobs in India. This is quite a prestigious line as well as you get to work under the government. With 7th pay commission, the pay is most certainly lucrative.
At an entry level, the salary can range anywhere from INR 6 to 12 lacs a year. And the salary goes way high up with experience.
Yet another interesting career path that also pays handsomely is the legal profession. The legal professional line has a lot of sub-fields including corporate law, criminal law etc. And each field pays pretty well. Along with being a highly paid profession, it is very prestigious too.
A good law firm will pay you around INR 5 to 9 lacs as a starting package. With experience, you can earn more than INR 30 lacs per year.
11. Merchant Navy Jobs
A pretty lucrative career choice, a job at the merchant navy is one of the highest paid jobs in India.
Even though the entry-level salary for this career is often less, with experience, you can earn as much as INR 8 lacs per month.
12. Entertainment Professionals
This isn’t just a very attractive and glamorous career choice but oats extremely well too. An entertainment professional like an actor, singer, YouTuber etc. is a career path that is gaining increasing popularity.
Once you have established yourself in the industry, money is something you won’t have to worry about. If you feel that you have the right skill set for it, this is a great career path.
13. RBI Jobs
The RBI or Reserve Bank of India is India’s central bank. So, undoubtedly, this is one of the highest paid government jobs in India. Along with a great pay, you get many other lucrative benefits like living quarters, a car, petrol allowance, other monthly allowances etc. as well.
Depending upon your job profile, you can earn anywhere from INR 35k to INR 50k a month. The salary can go up to several lakhs a year.
Over to You
Here, I shared the top 13 highest paid jobs in India. I have also covered the highest paid jobs in India for freshers and the highest paid government jobs in India. Hope this list helps you in making a choice.
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Mir is a British educated Digital Marketing Specialist with 8+years of experience in the industry. He is also a Growth Hacker of Kashmirica, a social impact brand that aims to take exclusives from Kashmir to the Global consumer.
An enthusiastic cultural entrepreneur, Mir is driven by a passion to bring about a social impact. He has a Masters in International Business from the University of Bedfordshire to his credit and has worked in leading Marketing positions at various SMEs and Startups for 8+ years.
Mir is an avid reader and loves writing about life, philosophy, marketing, entrepreneurship, and just about everything that he knows or researches.