Home Career Opportunities Top 11 Highest Paying Jobs In India 2023– Average Salary

Top 11 Highest Paying Jobs In India 2023– Average Salary

Jan 30, 2023 13.3K Reads

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Highest Paying Jobs: After all the struggling years of graduation and then higher studies, you deserve something that can be equally rewarding to your midnight hard work. You have burned enough midnight oil and are now shedding your sweat to find an apt job for you that can pay back all these years of your hard work. Also, there are a plethora of recruiters especially from the IT sector who have observed that the demand for business school graduates has increased tremendously in recent years. Highest Paid Jobs In India!

Albeit, pursuing a job also depends on your interest area and educational qualifications. But we have summed up some of the highest paying jobs in India recently and you can check the list to find out whether they lie in your area or not.

Here’s a list of the 11 highest-paying jobs for the upcoming year.

#1 Data Scientist

A data scientist is someone who uses data to analyse business and market trends. Data Science has been considered as the coolest profession of the 21st century and for all the valid reasons. It is one of the highest paying jobs in India and probably a job that can help you earn around INR 10 LPA in India as a starting salary package. The number definitely increases with time and now you know that this the job that Chandler did that had something to do with numbers. A Data Scientist with a minimum of 5 years of work experience can earn around INR 60 LPA. Now, imagine writers who only earn INR 3LPA, henceforth, feel lucky if this is your area of interest or if you have gained specialization in Data Science. 

Source: Ambition Box

Required Educational Qualifications

One can enter the data science field in various ways but here are some common ways to make a career in this:

  • Bachelor's degree either in data science or computer science or statistics.
  • Masters in Data Science (Optional).
  • Even one can enter the data science field by doing various diploma or certification courses until and unless they have a firm grip on the programming languages like Python, R, SQL, etc.

Read: Career Options After 12th Science

Required Skills

Apart from educational qualifications students definitely need the following skills to become successful data scientists in India: 

  • Analytical thinking abilities
  • Problem-Solving Skills
  • Knowledge of data mining techniques
  • In-depth understanding of Machine learning technologies
  • Good knowledge of programming languages.
  • Sound knowledge of the latest market trends.
  • Business intelligence tools like tableau knowledge are also required for the same.

Roles & Responsibilities

  • Collection of large data sets
  • Analyzing both structured and unstructured data sets
  • Identification of data-based business problems and providing solutions to them.
  • Working on various Machine Learning algorithms.
  • Providing data-driven solutions by collaborating with the product development team.
  • Keeping updated with the latest data trends and technologies.

Data Scientist Salary in Top Companies

Top Companies Average Salary (Annually)
TCS Rs. 7.7 LPA
Cognizant Rs. 9.6 LPA
Accenture Rs. 12.4 LPA
IBM Rs. 12.8 LPA
Infosys Rs. 10 LPA

Source: Data Scientist Salaries

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#2 Machine Learning Specialist

Machine Learning Specialist is another highest paying job profiles in India and it includes the role of IT Architect and Developer. In India, IT sector has grown by leaps and bounds and because of this Machine Learning Specialists are earning hefty amounts and are among the best paid engineers. Machine Learning comes under Artificial Intelligence and it has integrated sectors or industries like IT, Healthcare, Education, BFSI, Retail, and so forth. A machine learning expert needs to finesse skills like Java, R, Python, Scala, etc. A Machine Learning Specialist earns around INR 7LPA on average. 

Required Educational Qualifications

In order to be a Machine Learning Specialist, you must possess certainly required degrees otherwise your candidature will not be accepted by companies. 

  • You must have B.Tech/BE degree in Computer Science/Mathematics/IT/Data Science. 
  • Also, a master’s or doctorate degree in the same field gives you an upper hand.

Required Skills For Machine Learning Specialists

  • Big Data Analytics
  • Machine Learning
  • Data Modelling and Data analytical skills
  • Programming Languages like Python, Java, etc.
  • Knowledge of machine learning frameworks and libraries
  • Analytical thinking abilities
  • Problem-Solving Skills
  • In-depth knowledge of IT architect and data structures.
Machine Learning Specialist Highest Paying Jobs In India

Source: Payscale

Roles & Responsibilities

  • Examine and do necessary modifications in data prototypes
  • Design machine learning strategies
  • Implementation of ML algorithms as per the necessities
  • Do experiments on applied machine learning methods
  • Identify and do necessary developments in the machine learning tools and libraries

Read: Here Are 7 tips to Stay Focused

Machine Learning Specialist Salary in Top Companies

Top Companies Average Salary (Annually)
Amazon Rs. 6.1 LPA
L & T Infotech Rs. 18.9 LPA
Ericsson Rs. 10.3 LPA
Standard Chartered Bank Rs. 13.5 LPA

Source:Machine Learning Salaries

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#3 Product Manager

The Product Manager is in charge of the product or product line’s strategy, marketing, feature definition, and forecasting, among other things. In layman’s terms, the product manager is in charge of determining consumer needs, conceptualising necessary features, and collaborating with the engineering team to implement them. Wow, that’s quite a lot and needs quite a good experience. This is why it surely is one of the highest paying job especially in the IT sector. The average salary of a product manager in India is INR 16 LPA and the requirement of this job position lies in industries like FMCG, Retail, Telecom, etc. 

Source: Ambition Box

Required Educational Qualifications

If you are looking forward to learning product management then you will be needing the following educational degrees: 

  • Then a bachelor’s degree in Business Administration is a must and you can either have a graduation degree in Economics/Public Relations/Advertising/Mass Communication. 
  • Also, you need a master’s degree or PG Diplomas in relevant fields for senior-level positions in the product management department. 

Required Skills

Although candidates do need educational degrees, they need certain skills as well to become a product managers. 

  • Problem-Solving Skills
  • Effective Communication and Negotiable Skills
  • Works effectively with multidisciplinary teams
  • Must have a good technical background
  • Ability to develop great marketing strategies

Roles & Responsibilities

A product manager is someone who handles the queries of consumers and makes strategies to promote the product according to that. He is the one who defines the product’s vision and strategies as per the market and customer requirements. A product manager is a person who is responsible for product’s marketing as well and he enhances existing products. Hence, a product manager always enjoys high salary packages and if you get experience in the product management field then it will be like icing on the cake. 

Read: Here Are Top 10 Career Options After MBA

Product Manager Salary in Top Companies

Top Companies Average Salary (Annually)
ICICI Bank Rs. 12.2 LPA
HDFC Bank Rs. 10.6 LPA
Kotak Mahindra Bank Rs. 11.7 LPA
Axis Bank Rs. 12 LPA

Source: Product Manager Salaries

#4 Artificial Intelligence Engineer

An Artificial Intelligence Engineer manages the AI tools or takes AI initiatives in the company. AI is rapidly becoming an important tech asset in our lives. There is immense demand for AI experts currently which has made this profession as one of the best paying in the world. An AI Engineer earns INR 7.5 LPA on average in India and an experienced AI expert can even earn INR 20 LPA. An AI Engineer must have deep knowledge of programming languages, mathematics & statistics, TensorFlow, and other technologies. The market size of AI is expected to grow manifolds because many businesses are adopting AI to improve the performance of their businesses. 

Source: Ambition Box

Required Educational Qualifications

AI Engineer is an extremely professional and technical field and hence you need to fulfil the following eligibility criteria to become an AI Engineer: 

  • You must have a B.Tech/B.E. degree or a bachelor’s degree in Mathematics/Computer Science/Statistics from a recognized university. 
  • A master’s or a PhD in the same field. 

Required Skills

  • Must have a grip on programming languages
  • Knowledge of mathematics, and statistics
  • Knowledge of Big Data Technologies like Hadoop, MongoDB, etc
  • Problem-Solving abilities
  • Effective communication skills
  • Analytical thinking abilities

Roles & Responsibilities

  • Working with various IT professionals like data scientists, data analysts, etc.
  • Working on the overall AI development process cycle.
  • With various analytical techniques an AI engineer provides guidance in the company’s future decision-making process.
  • For a data science team, an AI engineer automates the procedures and functions for making their task easier.
  • Developing the data transformation framework.
  • Developing new and innovative AI models as required.

Read: Top 6 Job Oriented Courses After Graduation

Artificial Intelligence Engineer Salary in Top Companies

Top Companies Average Salary (Annually)
TCS Rs. 6.9 LPA
Tata Elxsi Rs. 4.6 LPA
Prime Focus Technologies Rs. 8.2 LPA

Source: Artificial Intelligence Engineer Salaries

#5 Medical Professionals (Doctors)

Generally, the average salary of a medical professional depends upon the specialization or department of the professional. As per the data of Payscale, the average salary of medical professionals is INR 10LPA. These medical professionals can be part of both the private and government sectors and their pay will differ according to that. In recent years, the healthcare industry is increasing tremendously and is expected to increase even more. Also, there are different kinds of jobs in the healthcare department such as Doctor, Medical Content Reviewer, Associate Doctor, etc. Among all these, the surgeons and doctors are the ones that enjoy the best paying salary packages. 

Medical Professionals (Doctors)< Highest Paying Jobs In India

Source: glassdoor

Required Educational Qualifications

  • You must have a Bachelor of Medicine and a Bachelor of Surgery degree to become a doctor or a medical professional. 
  • An M.B.B.S degree is important from an institution recognized by the Medical Council of India

Required Skills

  • Patience and keenness for details
  • Quick decision-making and problem-solving skills
  • Compassion to help people or must be a samaritan
  • Must know how to react in critical situations

Roles & Responsibilities

The roles and responsibilities of a medical professional depend on the department he is working in, for instance, the responsibilities of a psychiatrist are completely different from a surgeon. However, the basic responsibilities of a doctor are to diagnose the medical issues and provide the appropriate medicines. A doctor is also responsible for maintaining collaboration with nurses, and other staff members. 

Top Recruiters

  • Apollo Hospital
  • Fortis Healthcare
  • All India Institute of Medical Sciences
  • Manipal Hospital
  • ESIC

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#6 Blockchain Developer/Engineer

The new revolutionary field of blockchain is altering everything from financial transactions to internet access to data security and management. Blockchain technology eliminates the need for middlemen, lowers prices, and improves speed and reach. It’s designed to bring more transparency and accountability. There will be a significant shortage of expertise as both the private corporate and governmental sectors are ready for this new, market-changing technology. An average salary of a blockchain developer in India is INR 6LPA, as per the data shown by Glassdoor. Since, it is a new field and there are not many experts currently, it is considered as one of the highest paying professions in the tech world which is bound to grow immensely in the time that follows. 

Blockchain Developer/Engineer Highest Paying Jobs In India

Source: glassdoor

Required Educational Qualifications

  • You must have B.Tech/B.E. degree in Computer Science/Mathematics/Information Technology/Statistics 
  • Must have experience in Java, JavaScript, C++, Python, etc. 

Required Skills

  • Understanding of C+, Python, C#, Java, and JavaScript
  • Deep knowledge of blockchain architecture and data structures
  • Knowledge of Cryptography and Decentralized applications. 
  • Must be well versed in Web Development and Smart Contract Development
  • Must have a deep understanding of Blockchain platforms like Ethereum, Hyperledger, Fabric, etc. 

Roles & Responsibilities

A blockchain developer is responsible for designing, developing, and testing Blockchain apps and systems. He upgrades the applications of the business to match up with the new tools and techniques. Also, a blockchain developer makes digital transactions safe and secure by creating a system that records and stores blockchain data. 

Read: Top Engineering Colleges In India

Blockchain Developer Salary in Top Companies

Top Companies Average Salary (Annually)
Tech Mahindra Rs. 6.2 LPA
IBM Rs. 8.9 LPA
Wipro Rs. 7.8 LPA
Accenture Rs. 8 LPA

Source: Blockchain Developer Salaries

#7 Management Consultant

A management consultant is somebody who helps improve business performance by solving problems and maximizing growth. An average salary earned by a management consultant is INR 1LPA- 2LPA as per the data of PayScale. Even the ones who just started their journey in the corporate world can earn Rs. 6-7 LPA as a management consultant and people with experience can earn Rs. 10-11 LPA. Management is currently one of the most sought after career fields and with enough experience, it becomes the top paying job in the country.  

Required Educational Qualifications

You must have some experience and apt educational degrees to become a management consultant. 

  • A bachelor’s degree in business-related fields or any other field is also accepted. 
  • A master’s degree in the relevant field with specializations like Finance/Economics/Management/Accounting. 

Required Skills

  • Communication and management skills
  • Problem-solving skills
  • Must understand the needs of customers
  • Must have an understanding of Finance, Economics, and Mathematics
  • Ability to work in a team 

Roles & Responsibilities

The basic roles and responsibilities of a management consultant are to help companies solve business problems, improve performance, and maximize growth. After analyzing problems, the management consultant needs to propose the necessary finding before the client or the company. In the end, present a plan to implement the necessary actions. It is quite an important job, so no wonder they enjoy such handsome salary packages. 

Read: Here Are Top 10 Highest Paid Jobs In India for Art Field

Management Consultant Salary in Top Companies

Top Companies Average Salary (Annually)
PwC Rs. 16 LPA
Deloitte Rs. 21 LPA
IBM Rs. 19 LPA
Accenture Rs. 28 LPA

Source: glassdoor

#8 Chartered Accountant

Chartered Accountants play important roles in each and every field because they handle the finances of the company. It is one of the most respectful and hence also one of the highest paying job in the country. CAs are the ones who provide tax and audit services and deal with the accounts of the company. They must be experts in taxation policies, GST reform, and they also have to deal with salary-related issues. An average salary of a Chartered Accountant is Rs. 8LPA as per the data of glassdoor. An experienced CA can easily charge Rs. 15LPA from companies.

Chartered Accountant Highest Paying Jobs In India

Source: glassdoor

Required Educational Qualifications

  • Graduation and postgraduation in Commerce with a minimum of 55% marks
  • The candidates are required to clear the CPT test which is the beginning of the ICAI course and need to complete its final stage to become CA in Inda. 

Required Skills

  • Strong understanding of complex financial problems
  • Must have the understanding of numerical and analytical skills
  • Communication Skills
  • Must be good with numbers

Roles & Responsibilities

The major roles and responsibilities of a Chartered Accountant are as follows:

  • Accounts must be kept up to date, and financial statements must be prepared.
  • To put accounting systems and processes in place.
  • To prepare financial reports on a monthly basis.
  • Income statements must be reconciled.

Read: What Is An Online MBA?

Chartered Accountant Salary in Top Companies

Top Companies Average Salary (Annually)
EY Rs. 10 LPA
Deloitte Rs. 9 LPA
ICICI Bank Rs. 8 LPA

Source: Chartered Accountant Salaries

#9 Full-Stack Developer

Full Stack Developers are responsible for developing the frontend and backend of the software/website. An average salary of a full-stack developer is Rs. 6-7LPA in India as per Payscale. However, mid-senior level developers can earn more than that. Full Stack Development is one of the highest paying jobs in India as they perform the job of web developers and handle the database system of the company. These developers are also responsible for the website’s appearance by using CSS and HTML.

Full-Stack Developer Highest Paying Jobs In India

Source: Payscale

Required Skills

  • Knowledge of front-end and back-end languages
  • Have a knowledge of databases like MySQL, etc.
  • Analytical thinking abilities
  • Problem-Solving skills

Roles & Responsibilities

A Full Stack Developer is responsible to create website architecture on both the frontend and backend. Apart from this, he takes care of web page user interactions and develops servers and database features. Also, they are responsible for creating APIs as well. It is quite an important job role in the IT industry and so no wonder, it is a highly paying profession. 

Read: Investment Banker Salary In india

Full Stack Developer Salary in Top Companies

Top Companies Average Salary (Annually)
Infosys Rs. 4 LPA
Cognizant Rs. 6 LPA
Accenture Rs. 6 LPA

Source: glassdoor

#10 Cloud Architect

Cloud Architect is responsible to develop cloud architecture, cloud strategy, and ensuring application architecture in the cloud environment has been done properly. As the Big Data keeps on increasing and as the internet services have advanced, the role of Cloud Architects has become very crucial. And this is why they are one of the most paid IT professionals in the world. An average salary of a Cloud Architect is INR 19LPA. A cloud Architect must have a thorough understanding of cloud application architecture and the knowledge of Amazon Web Services (AWS). 

Cloud Solutions Architect Salary in India

Source: payscale

Required Educational Qualifications

You need deep knowledge of programming languages, cloud application architecture, and AWS. However, the basic necessities to become a cloud architect are mentioned below: 

  • You need a bachelor’s degree in the Computer Science stream or any other relevant specialization. 
  • Experience or certification in Google, Amazon Web Services (AWS) or Microsoft Azure. 

Required Skills

  • Deep knowledge and understanding of cloud application architecture
  • Knowledge of Amazon Web Services (AWS), Azure or Google Cloud platform
  • Knowledge of Java, Python, C#

Roles & Responsibilities

A cloud Architect is responsible for managing the company’s cloud computing system and it involves working on cloud application designs, cloud approval plans, and systems required to maintain cloud storage. This role includes designing and developing cloud-based solutions for the organization to migrate their workloads to the AWS cloud. A cloud architect is a very vital professional in an organization and hence many big MNCs recruit them at high paying salaries. 

Read: Education Online

Cloud Architect Salary in Top Companies

Top Companies Average Salary (Annually)
TCS Rs. 17 LPA
IBM Rs. 22 LPA
Capgemini Rs. 21 LPA
Accenture Rs. 22 LPA

Top Recruiters for Cloud Architect In India

Source: glassdoor

#11 Marketing Manager

Marketing Managers are those who work across different departments of the industry, for instance, IT/Software, Automotive, Finance, Retail, etc. They are responsible to develop innovative products that align with the company’s objectives and customers’ needs. A marketing manager has to conduct research and analyze the market trends, identify the target audience, and then choose the most suitable platform to reach out to the audience. An average salary of a marketing manager in India is Rs. 9LPA and the highest salary package is INR 22LPA, as per the data of glassdoor. 

Marketing Manager Highest Paying Jobs In India

Source: glassdoor

Required Educational Qualifications

If you are looking forward to pursuing Marketing Manager as your next career option then you must possess these educational qualifications: 

  • A bachelor’s degree in Marketing Management or Business Administration 
  • Also, if you have gained specialization in Accountancy/Finance/Business/Law/Economics/Statistics are also eligible to become a marketing manager. 

Required Skills

  • Impressive oratory and interpersonal skills 
  • Leadership and team-building skills
  • Must have a creative mind
  • Must be keen for details
  • Problem-solving and strategic planning skills
  • Must have impeccable negotiation skills

Roles & Responsibilities

Marketing Managers conduct research and analyse the market trend and customers’ needs and desires. They make marketing strategies and are responsible to run marketing campaigns on the appropriate channels to reach out to the target audience. They make use of tools and software to accomplish sales goals. A marketing manager is responsible for creating brand awareness through marketing campaigns. 

Read: What Is Career Counselling?

Marketing Manager Salary in Top Companies

Top Companies Average Salary (Annually)
Amazon Rs. 20 LPA
Byjus Rs. 9 LPA
Amway Rs. 7 LPA
IBM Rs. 17 LPA
Top Recruiters for Marketing Manager In India

Source: glassdoor

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It is recommended to read the full blog for getting more detailed insight into the highest-paying jobs in India. And choose the best among them for pursuing a professional career. If confused about how to start a career in these fields and what kind of courses I can pursue for getting into these jobs then one can visit the College Vidya portal for finding and comparing all the online universities that are available to pursue such career-oriented courses.

FAQs (Frequently Asked Questions)

The highest-paid jobs in India are Data Scientists, Medical Professionals, Machine Learning Experts, and others in the IT sector.

Jobs related to digital marketing and the IT sector are in demand in India recently.

As a CA you can earn up to Rs. 15LPA and you can work in top firms like Deloitte, KPMG, Pwc, and EY, and so forth.

A doctor in India earns around Rs. 50,000 – Rs. 1 Lakhs per month and this salary can even differ as per the sector they are working in.

The highest salary package jobs are Cloud Architect, Data Scientist, Product Manager, etc.

Government jobs like IAS, IPS, PSU jobs, and ISRO scientists, etc. are very high-salaried jobs.

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