In August 2020, the Randstad Insights Salary Trend Report 2019 revealed that Bengaluru is the city with the highest-paying jobs in the country, followed by Mumbai, Hyderabad, Delhi NCR and Pune. Now the question arises – which are these highest-paying jobs? Let’s take a look at them. According to some leading job portals, the following are some of the highest-paying jobs in India, with salaries that can go as high as ₹50-60 lakhs per annum. Scroll through the list and see if any of the job profiles interest you.
Disclaimer: The figures are based on average calculation. The salaries can differ from company to company and depending on your skills, knowledge and experience.
Check out the 5 highest-paying jobs in India
1. Investment Banker
Investment Banking is another booming career option in India and one of the most sought-after terms in the finance world. Essentially, an investment banker is expected to have good knowledge about financial assets, understanding the concept of investments, stocks and securities and help their clients with mergers and acquisitions.
Who can apply: People who have a bachelor’s degree in Commerce, Finance or Economics or Business Administration.
Salary: According to the job portal Monster, a fresher can earn up to ₹12 lakh per annum and the salary of mid-level and experienced Investment Bankers can range between ₹30-50 lakhs per annum.
2. Medical Professionals
Given the current situation, it’s needless to highlight the importance of the healthcare industry and medical professionals who’re working day in, day out to save lives. According to the job portal Monster, it’s also one of the highest paying jobs in India. There are different specializations in the field such as Dentistry, Cardiology, Obstetrics and Gynaecology, Oncology, Nursing, Pharmacy, Healthcare Administrator and more.
Who can apply: Students who have cleared entrance exams such as NEET and have an M.B.B.S degree.
Salary: According to Monster, a fresher can get a base salary between ₹4-5 lakhs per annum and with experience can earn up to ₹17 lakhs per annum.
3. Chartered Accountant
There is and will always be a demand for chartered accountants in the country. After all, they manage your financial accounting, tax management, help you with banking solutions and act as financial advisors. It’s also one of the highest-paid jobs in India.
Who can apply: Students who have a degree in Commerce (even the ones with Arts and Science can apply) are eligible to apply for the course. However, according to the job portal Shine, one has to be a certified member of the Institute of Chartered Accountant of India (ICAI) and enroll in their Foundation course to become a chartered accountant.
Salary: According to Shine, a fresher can earn up to ₹7 lakh per annum while an experienced CA can get between ₹20-24 lakhs per annum.
4. Data Scientist
Data Science is another budding career option that is attracting freshers. According to an article in the Times of India, the demand for data scientists is quite high in industries such as IT, telecom, finance and insurance and retail to name a few. The same report mentions Mumbai and Bengaluru as cities with higher growth prospects for the profile, where the average salary of a data scientist ranges between ₹14-15 lakhs per annum. Many leading tech companies like IBM, Accenture and Tata Consultancy Services hire data scientists in India.
Who can apply: Students with a bachelor’s degree in IT, computer science, engineering background; or students who have a Master’s degree in Data Science. Various prestigious institutes like IIT Delhi, IIT Kharagpur and IIM Calcutta offer courses in Data Science.
Salary: According to upGrad, the average salary of a Data Scientist starts from over ₹9.5 lakhs and a person with 5 years of experience can also get up to ₹60 lakhs per annum.
5. Blockchain Developer
Although still in its nascent stage, Blockchain technology is slowly picking up in India, making way for the need for Blockchain Developers and creating lucrative job opportunities for the tech enthusiasts in the process. In fact, Blockchain technology has also found an important place in the strategies created by the government’s Niti Aayog. A Blockchain Developer is essentially required to understand the nitty-gritties of Blockchain technology and design, develop and test Blockchain applications and technologies.
Who can apply: Students with an engineering background, IT professionals, people with a computer science background and those who have a sound knowledge of coding, mathematics, algorithms and programming languages like C++, Java and Python.
Salary: According to an article in upGrad, the average salary of a Blockchain Developer in India is over ₹8 lakhs per annum and with experience, it can even go up to ₹45 lakhs per annum.
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