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Top 10 Highest Paying Jobs In India to Start A Career in 2023
Ankit Sahu
3 months ago
There is no doubt that everyone wants a well-paying job or at least wants to know - which are the highest paid jobs in India.
It is understandable to want a career that pays what you deserve after spending so many years educating yourself. But it is by no means a simple task. The Covid pandemic has significantly altered the job sector, along with digital transformation and technical improvements. That’s why we have produced a list of some of the high paying jobs in India to make things easy for you.
Though the compensation standards differ between firms and industries, and your school background, professional experience, geography, etc. affect your salary, There are several possibilities that provide the highest-paying jobs fit for you, regardless of whether you are a recent graduate, middle-level employee, or senior professional.
Points to keep in mind:
- In India, the information technology, data industry, healthcare, financial services, and marketing sectors generally offer the most paid jobs.
- Most of the top positions in these industries pay an average salary between Rs. 6 and 15 LPA, with the highest wages reaching Rs. 50 to 90 LPA.
Top 10 Highest Paying Jobs In India to Start A Career
1. Medical Professionals
One of the industries in India with the highest paid salaries in healthcare. The healthcare sector is rapidly rising as a result of the pandemic's increased demand for medical experts.
With pay varying according to specializations like dentistry, pharmacy, optometry, cardiology, or fields like healthcare administration and medical supervision, home health aide, etc., Indian doctors, surgeons, and medical professionals are among the highest paid in the world.
Prescription of medications, therapy administration, evaluation of patient symptoms and diagnosis of medical conditions, collaboration with nurses and other health professionals, evaluation of test results, etc. are only a few of the typical job obligations of medical professionals.
In India, the average annual income for medical professionals is around 10 lakhs per annum. More than 25% of healthcare professionals make about INR 20 lakhs annually. A general physician makes an average salary of INR 11,00,000 LPA, whereas a general surgeon makes INR 13,00,000 LPA.
Top employers:
- AIIMS
- Fortis Healthcare
- Apollo Hospitals
- Max Healthcare
- Aditya Birla Memorial
- Parvathy Hospital, Chennai
Average salary for medical professionals:
- Mumbai - INR 60,964 /mo
- Bangalore - INR 51,210 /mo
- Pune - INR 50,462 /mo
- New Delhi - INR 78,064 /mo
- Hyderabad - INR 51,169 /mo
Salary Insights:
Company | Average Salary (per annum) |
All India Institute of Medical Sciences | INR 12,00,000 /yr |
Fortis Healthcare | INR 7,44,000 /yr |
Apollo Hospitals | INR 9,00,000 /yr |
Max Healthcare | INR 15,79,000 /yr |
Aditya Birla Memorial | INR 17,00,000 /yr |
KEM Hospital | INR 10,56,000 /yr |
Source: Glassdoor
2. Data Scientists
One of the highest paying careers in India, data science is a relatively new position that comes with a long list of benefits and a competitive salary. A data scientist is a professional who gathers, analyzes, and interprets vast volumes of data in an organization, earning the title of "the most promising vocation" on LinkedIn.
Data scientists in India can pursue a rewarding profession if they have a solid background in computer science, programming, mathematics, statistics, and analytics.
To enter this profitable industry and get noticed by top employers, you can complete a Data Science Certification offered by InsideAIML. Upon completing this course, you will be qualified for any data science job in India and abroad.
Junior data analysts earn an average annual compensation of INR 7,00,000. Whereas, data scientists with experience can make up to 60 to 70 lakhs annually.
Top Employers:
- Amazon
- Procter & Gamble
- Walmart Labs
- AskTalos
- Accenture
- TCS
- Deloitte
Average salary for Data Scientists:
- Mumbai - INR 83,300 /mo
- Bangalore - INR 96,600 /mo
- Pune - INR 66,600 /mo
- New Delhi - INR 1 Lakh /mo
- Hyderabad - INR 83,000 /mo
Salary Insights
Company | Average Salary (per annum) |
Accenture | INR 13,90,014 /yr |
Tata Consultancy Services | INR 6,52,035 /yr |
IBM | INR 9,55,404 /yr |
Optum | INR 15,12,321 /yr |
Amazon | INR 20,81,693 /yr |
Deloitte | INR 11,10,169 /yr |
Source: Glassdoor
3. Machine Learning Experts
An area of artificial intelligence (AI) called machine learning (ML) has exploded in popularity across a variety of fields. The field of AI and ML is expected to grow dramatically over the next several years and now has one of the highest paid jobs in India.
Experts in machine learning conduct statistical studies and create ML applications and algorithms that can be used for commercial requirements. To develop work-ready skills and become qualified for an ML job in India, you learn the A to Z of machine learning at InsideAIML.
In India, a machine learning engineer makes an average salary of INR 10,00,000. The average annual salary for engineers with less than a year of experience is INR 6,00,000. Whereas, professionals at mid-level levels can make INR 12,00,000 annually. Those with experience can make up to INR 30 to 80 Lacs annually.
Top Employers:
- Accenture
- IBM
- ITC Infotech
- Zycus
- Quantiphi
- Infosys
Average salary for Machine Learning Experts:
- Mumbai - INR 72,225 /mo
- Bangalore - INR 82842 /mo
- Pune - INR 55,036 /mo
- New Delhi - INR 78,897 /mo
- Hyderabad - INR 83,300 /mo
Salary Insights:
Company | Average Salary (per annum) |
Tata Consultancy Services | INR 8,42,063 /yr |
EXL Services | INR 8,32,677 /yr |
Google | INR 14,00,000 /yr |
IBM | INR 9,00,000 /yr |
Tech Mahindra | INR 12,00,000 /yr |
Microsoft | INR 10,00,000 /yr |
Source: Glassdoor
4. Blockchain Developer
Blockchain technology is altering everything from financial transactions, internet connectivity, data security, to data processing.
Blockchain technology is being used by both the public and private sectors to eliminate middlemen, save costs, and increase speed and reach. To satisfy the steadily rising need for blockchain developers in India, there is a huge demand for qualified blockchain developers.
Blockchain developers need to have solid expertise in computer science, mathematics, and statistics. Blockchain developers in India make an average pay of INR 8,00,000 annually. Professionals with experience can make up to INR 30 to 90 LPA.
Top Employers:
- Cyient
- Tata Elxsi
- Primchain
- Birla Soft
- Accenture
- Wipro
- MindTree
Average salary for Blockchain Developer:
- Mumbai - INR 48,615 /mo
- Bangalore - INR 58,300 /mo
- Pune -INR 67,834 /mo
- New Delhi - INR 58,372 /mo
- Hyderabad - INR 33,300 /mo
Salary Insights:
Company | Average Salary (per annum) |
HCL Tech | INR 19L - 21L |
IBM | INR 10L |
Cisco Systems | INR 14L - 15L |
Wipro Technologies | INR 15L - 16L |
Tata Consultancy Services | INR 8L - 10L |
Source: Glassdoor
5. Full Stack Software Developer
The demand for software developers including full-stack developers is at an all-time high.
Experts at building both the front end and back end of software or websites are known as "full stack developers." Since they create a website from scratch, this position is among the most paid jobs in India.
The best thing about this job role is that anyone can become a Full Stack developer just by enrolling in an online or offline speciality in Full Stack Development course. There are many institutes that teach programming from basics, and even people from non-IT backgrounds can also learn programming skills easily.
Junior Full Stack Developers can expect to make an annual income of about INR 4,75,000, while mid-level developers with 1 to 4 years of experience can make up to INR 6,50,000 and senior-level professionals with 5 to 9 years of experience can make up to INR 15,00,000.
Top Employers:
- Deloitte
- Dell
- IBM
- Siemens
- Microsoft
- Oracle
Average salary for Full Stack Software Developer:
- Mumbai - INR 52,117 /mo
- Bangalore - INR 62,500 /mo
- Pune - INR 58,625 /mo
- New Delhi - INR 55,521 /mo
- Hyderabad - INR 56,812 /mo
Salary Insights:
Company | Average Salary (per annum) |
Siemens | INR 7L - 8L |
Cognizant | INR 6L - 7L |
Accenture | INR 6L - 7L |
IBM | INR 7L - 8L |
Tata Consultancy Services | INR 8L |
Source: Glassdoor
6. Commercial Pilot
Being a pilot is a dream job for many people since it involves getting to travel to exotic locations and experiencing the best of what the world has to offer in terms of culture and experiences. Being a pilot, especially a commercial one, entails a number of benefits.
A commercial pilot is responsible for controlling the aircraft and making sure that all flight operations, such as pre-flight inspections and aircraft operations, are carried out safely.
Currently, a commercial pilot makes an average base income of Rs. 17,00,000 annually. With bonuses, overtime pay, and other compensation, a pilot with less than a year of experience can expect to make roughly INR 25 lakh per year.
Average salary for Commercial Pilot:
- Mumbai - INR 1,59,953 /mo
- Bangalore - INR 1,52,773 /mo
- Pune - INR 1, 53,790 /mo
- New Delhi - INR 3,69,159 /mo
- Hyderabad - INR 1,68, 371 /mo
7. Product Management
In the Indian industry, product design, development, and management are quickly taking the lead. Here comes the Product Manager, a key position in charge of creating strategy, marketing, defining features, and making predictions about products.
In addition, product managers need to be meticulous and knowledgeable about organizational objectives connected to product development.
In India, a product manager typically earns INR 12,00,000 a year. Beginners often make between 7 to 9 LPA, whereas experienced product managers typically make between 17 and 26 LPA.
Top Employers:
- Amazon
- Microsoft
- Flipkart
- Salesforce
- Uber
- Ola
Average salary for Product Management:
- Mumbai - INR 1,00000 /mo
- Bangalore - INR 1,83,300 /mo
- Pune - INR 1,83,300 /mo
- New Delhi - INR 1,75,000 /mo
- Hyderabad - INR 1,08,300 /mo
Salary Insights:
Company | Average Salary (per annum) |
Tata Communications | INR 11L - 12L |
Larsen & Toubro | INR 11L - 15L |
ICICI Bank | INR 9L - 14L |
Zoho | INR 4L - 16L |
Whitehat Jr | INR 4L - 6L |
Source: Glassdoor
8. Management Consultant
Management consultants assist businesses in resolving issues, improving operations, and maximizing growth. They deal with the organization's strategy, structure, operations, and management.
Aspiring candidates can enroll in an MBA program after earning a bachelor's degree in business administration, economics, finance, accounting, or management to break into the competitive area of management consulting. You'll get the greatest jobs in India with an MBA.
In India, a management consultant makes an average pay of about INR 11,00,000 LPA. Junior consultants make between INR 7 to 8 LPA, while more seasoned professionals make between INR 15 and 30 LPA.
Top Employers:
- KPMG
- McKinsey & Co.
- Deloitte
- Ernst & Young
- Accenture
- PwC
Average salary for Management Consultant:
- Mumbai - INR 2,08,300 /mo
- Bangalore - INR 1,91,600 /mo
- Pune - INR 1,16,600 /mo
- New Delhi - INR 1,91,600 /mo
- Hyderabad - INR 1,75,000 /mo
Salary Insights:
Company | Average Salary (per annum) |
Accenture | INR 26L |
PwC | INR 15L - 16L |
KPMG | INR 17L - 19L |
McKinsey & Company | INR 7L - 8L |
Source: Glassdoor
9. Solutions Architect
Does it seem interesting to develop and create new systems to aid in the smooth operation of a firm while detecting issues and locating solutions? If yes, then the best career to pursue is solution architecture.
By developing, planning, and implementing various solutions and arrangements within a firm, a solutions architect assists in translating business objectives and goals into useful, concrete tasks.
This career has a huge range of work and tasks because one can engage in quality control, company growth, management, coaching, and much more.
While the base yearly wage for freshers is often in the range of INR 6 lakh per annum, the average salary for a solutions architect is INR 15,00,000 per year. However, with more than 6 years of expertise, the annual remuneration can reach INR 25 lakh.
Average salary for Solutions Architect:
- Mumbai - INR 1,75,000 /mo
- Bangalore - INR 2,08,300 /mo
- Pune - INR 2,08,300 /mo
- New Delhi - INR 1,91,600 /mo
- Hyderabad - INR 1,91,600 /mo
10. Chartered Accountant
Every sector needs Chartered Accountants (CA) since they act as financial consultants and advise clients on effective money management. CAs are in high demand and are one of the highest-paying professionals in India.
Graduates in commerce must pass the CA exam administered by the Institute of Chartered Accountants of India (ICAI), New Delhi, in order to practice as a CA.
Chartered Accountant pay ranges from INR 8 LPA (depending on experience and expertise) to 30 LPA or more.
Top Employers:
- Standard Chartered
- Ernst & Young
- Deloitte
- KPMG
- BDO International
- Grant Thornton International
Average salary for Chartered Accountant:
- Mumbai - INR 73,160 /mo
- Bangalore - INR 80,000 /mo
- Pune - INR - INR 68,985 /mo
- New Delhi - INR 72,400 /mo
- Hyderabad - INR 71,360 /mo
Salary Insights:
Company | Average Salary (per annum) |
EY | INR 10,06,340 /yr |
KPMG | INR 10,54,193 /yr |
Deloitte | INR 9,33,813 /yr |
PwC | INR 9,65,261 /yr |
ICICI Bank | INR 8,44,830 /yr |
Source: Glassdoor
Conclusion
These are the top 10 most lucrative careers in India, ones that will support your financial development and be in great demand in future.
The list above demonstrates unequivocally how a big salary package is unrelated to the sector of employment. Every industry offers the possibility of good jobs with big salaries.
We hope you enjoyed reading about the highest-paying careers in India. Making the most of that opportunity just requires one to be certain of their objectives. So, be aware of the best courses.
By the way, InsideAIML offers 100% job guarantee programs in AI, ML, Data Science and Digital Marketing.
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