“All our dreams can come true if we dare to pursue them.” – Walt Disney.
India is one of the fastest-growing economies globally, with a population of 1.3 billion and a growing middle-class population. And, by the middle class, you may have guessed that their financial aspirations guide their path towards a virtuous life. India’s economy is expected to grow manifolds in the current financial year. In addition, India has been ranked as the top destination for foreign direct investment (FDI), making it a heart-striking golden opportunity for people to dip their toes into their passionate careers as FDIs put forth a pool of top jobs. Good news? There are numerous highest paying jobs in India today that can help you earn lakhs and crores!
Look no further. We've got the top 7 highest paying jobs in India right here.
Top paying jobs in India
There is no doubt that landing on one of the highest paying jobs can bring financial stability. Our surveys have shown that these are some of the most in-demand and highest paying jobs available. If you are looking to make a change in your career, or are simply starting out, these are some great options to consider. With the right skills and experience, you can land a high paying job and achieve monetary well-being.
1. Management Consultant
A management consultant ranks as one of the top jobs that helps businesses, organisations, and governments solve problems by gathering and interpreting information about their operations. A management consultant's job can include researching data on competitors' products or services and helping clients streamline processes within their organisation.
The average salary for a management consultant in India is around INR 23 to 28 lakhs per year. Management consultants typically have an undergraduate degree in business administration or related fields such as economics or engineering; however, some entry-level positions do not require a specialisation degree!
2. Commercial Pilots
To become a commercial pilot, you must have at least 1500 flight hours and a valid pilot's licence from an approved aviation authority. You'll also need to pass written exams on meteorology and navigation before being hired by an airline company as part of their training program. They must have extensive knowledge of the technical aspects of flying planes and the safety regulations set forth by governing bodies such as the Directorate General of Civil Aviation (DGCA) in India.
A commercial pilot with an entry-level experience can expect INR 20 lakhs, whereas, with experience and the practical implications, this can go up to INR 50 lakhs, being one of the top paying jobs India has in store!
3. Solutions Architect
A solutions architect is responsible for designing IT systems that meet business needs while adhering to company standards such as security standards and data privacy laws. They work closely with developers and other IT staff members who build new software or modify existing systems based on feedback from customers or end-users within an organisation’s departments.
They are responsible for developing and managing the overall technical architecture of a solution, ensuring that all the components work together seamlessly.
Solution architects typically have a background in software engineering, and many also have an MBA or other advanced degrees. The average salary for a solution architect in India is INR 19 lakhs per year, making it one of the highest salary jobs in India.
4. Chartered Accountants
Chartered accountants are one of the highest salary jobs in India. They work in various industries and are responsible for a company's financial planning, record keeping, and compliance with regulatory guidelines.
A chartered accountant typically begins their career with a bachelor's degree in accounting or business. They then complete a professional qualification, which can take four years. After this, they must pass an exam set by the Institute of Chartered Accountants of India (ICAI).
The average salary for a chartered accountant in India is around INR 15 lakhs per year. However, salaries can vary depending on experience, location, and the size of the company they work for.
5. Investment Banker
Investment bankers work in the financial sector and help companies raise capital by issuing and selling securities. They also provide advice on mergers and acquisitions and provide other financial services.
Investment bankers typically have a four-year degree in business or economics, and many also have an MBA making them secure one of the top paying jobs India presently has. They must be able to analyse financial data and make sound investment decisions. Investment banking is a demanding job, and hours can be long at work. But the rewards are high, with investment bankers typically earning a six-figure salary.
A successful investment banker earns a high salary, starting with around INR 10 lakhs per annum on an average, thereby raising depending on various concerns and factors.
On the brighter side though, to manage one's own finances, you don't really need to be an investment banker, and being a value investor would do you just enough good. Quest has a course to teach you just that. Here is the complete guide to value investing.
6. Business Analyst
Business analysts work in various industries, including banking, finance, accounting, and consulting. A business analyst typically has a bachelor's degree in business or a related field.
Business analysts typically earn a salary of INR 10 lakhs per year. The hike in salary depends on the experience, and they may also receive bonuses and commissions, depending upon the work performed.
7. Full-stack Web Developer
To become a full-stack web developer, one must first complete a rigorous course of study, which typically includes a bachelor's degree in computer science. Once they have completed their studies, they must then gain experience working on web development projects. The more experience they have, the more they can charge for their services.
Full-stack web developers are in high demand as they have the skills and knowledge to work on both the front-end and back-end of a website. They can design and develop websites from start to finish and troubleshoot any problems that may arise.
This makes them a valuable asset to any company. They are often rewarded with high salaries starting from INR 10 lakh per annum to around INR 16 lakhs, depending on their experience and knowledge.
Nevertheless, if you think you are the one who needs assistance on this, we have got you covered as Recipe by Finology has everything that helps you take secure steps in your financial journey.
Did you know?
Indian economy will surpass $5 trillion after 2029!
The highest paying jobs in India are some of the most sought-after and coveted positions in the country, promising a bundle of opportunities for advancement. If you want to make your way up the ladder in your career, you must get one of these best jobs.
No matter what path of life you choose, always remember a saying by Confucius, “Choose a job you love, and you will never have to work a day in your life.”
Also, we would love to know how this blog helped you, your comments and shares are valuable for us!