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Home Career Opportunities Top 15 Highest Paying Jobs In India 2024– Average Salary

Top 15 Highest Paying Jobs In India 2024– Average Salary

Dec 11, 2023 24.8K Reads

Highest Paying Jobs: After toiling over higher education for years and investing one’s energy, efforts and finances into college and further studies, a student deserves to reap the benefit of the same by bagging an appealing job that is not only fulfilling to their interests but also pays off well in terms of salaries and compensation.  Recruiters in reputed companies and firms today recognise the need to offer pays and salaries that are competent with global standards to retain employees and acquire the most talented personnel Highest Paid Jobs In India!

So far, if you are a student who is looking to develop a career which pays you off highly, then choosing the right job domain is an important aspect. While there is no “best” job out there, if you are someone who wishes to shape your career around high pay, some job domains and roles are certainly better than others. 

Albeit, pursuing a job also depends on your interest area and educational qualifications, but here 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 of interest or not.

Below we have enlisted the top job domains you can consider pursuing for a high salary in India as of 2024, with details like the average salaries that these job roles offer and top hirers: 

Job 

Average Salary P.A

Top Hirers

Medical Professionals 

INR 7 LPA- INR 10 LPA

Apollo Hospitals, Fortis Hospitals, Abbott, AIIMS, Manipal Hospital, Max Hospitals etc. 

Chartered Accountant (CA)

INR 8.6 LPA

Deloitte, Ernst & Young, KPMG, Standard Chartered, Kotak Mahindra Bank  etc

Data Scientist

INR 8 LPA- INR 10 LPA 

Tata Consultancy Services, Cognizant, Accenture, IBM, Infosys

Machine Learning Specialist

INR 8 LPA

Amazon, Larsen & Toubro, Ericsson, Standard Chartered Bank

Blockchain Developer / Engineer

INR 7 LPA

Tech Mahindra, IBM, Wipro, Accenture, Microsoft, Google

Full-Stack Developer

INR 6 LPA - INR 7 LPA 

Infosys, IBM, Accenture, Deloitte, Cognizant, KPMG

Product Manager

INR 14 LPA

ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Axis Bank, Cognizant, Amazon, Oracle

Artificial Intelligence Engineer

INR 8.5 LPA

Tata Elxsi, Prime Focus Technologies, Tata Consultancy Services (TCS), Open AI, Google, Microsoft

Management Consultant

INR 11 LPA - INR 12 LPA

Deloitte, IBM, KPMG, Infosys, Accenture, Cognizant, Bain & Co, Capgemini 

Marketing Manager

INR 8 LPA 

Amazon, Byju’s, Amway, IBM, Flipkart  

Cloud Architect

INR 19 LPA - INR 20 LPA

IBM, Infosys, Capgemini, Accenture, KPMG, Microsoft

Investment Banker 

INR 8.8 LPA

Deutsche Bank, HSBC, Kotak Mahindra Bank, Goldman Sachs, JP Morgan and Chase, Citibank

Data Engineer

INR 8 LPA - INR 9 LPA 

Accenture, TCS, Amazon, IBM, Cognizant, Capgemini, Infosys

DevOps Engineer

INR 8 LPA - INR 8.9 LPA

HCL, Dell, Cognizant Technologies, IBM, Infosys, Wipro, Capgemini 

Business Analyst 

INR 6 LPA to INR 7 LPA

Deloitte, Increfft, Capgemini, KPMG, Genpact, IQVIA

Here’s a list of the 15 jobs which are currently offering some of the top salaries and CTCs to professionals. 

1) Medical Professionals

While the average salary of a medical professional depends primarily upon the specialization or department of the professional, if the data of latest salary databases is to go by, the average salary of medical professionals in India in recent years is around INR 7 LPA to INR 10 LPA. Medical professionals can earn high salaries by being a part of either the private or government sector establishments. In recent years, the healthcare industry is increasing tremendously and is expected to grow even more after the radical impact of the global coronavirus pandemic. 

Some of the highly paid specialisations in the field of medicine include oncology, nephrology, neurology, orthopaedia etc. Additionally, in addition to typical medical practice as a doctor, there are different kinds of jobs in the healthcare department such as medical content reviewer, associate doctor, surgeon, veterinary services etc. Among all these, the surgeons and doctors are the ones that enjoy the best paying salary packages. 

Source: Payscale

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 (Bachelor of Medicine and a Bachelor of Surgery) is mandatory to start a practice 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 be a samaritan
  • Must know how to react in critical situations
  • Calm and Composed Demeanour 
  • Ability to insubordinate Own Needs and Priorities to that of the Patients 

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 or medical professional also has the responsibility of handling the symptoms of the patient and treating them accordingly. A doctor is also responsible for maintaining collaboration with nurses, and other staff members. In addition to primary job responsibilities, a basic responsibility of a medical professional is to always stay updated of latest developments and insights in the domain of industry to provide the best services to the patients.

Top Recruiters

  • Apollo Hospital
  • Fortis Healthcare
  • All India Institute of Medical Sciences
  • Manipal Hospital
  • Max Hospitals 
  • Dr. D.Y. Patil Hospital 
  • ESIC

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2) Chartered Accountant

Chartered Accountants play important roles in each and every industrial field in handling the finances of the company and ensuring they meet the requisite financial and taxation legal laws. It is one of the most respectful and hence also one of the highest paying jobs in the country. CAs are the ones who provide taxation and auditing services and deal with the accounts of the company. They must be experts in taxation policies, GST reform in addition to being deft in dealing with salary-related and internal financial issues. An average salary of a Chartered Accountant in India is around INR 8.6 LPA as per the data of Payscale. An experienced CA can easily charge anywhere between INR 15 LPA to INR 20 LPA from companies. The salary of a CA is highly subject to the exact job responsibilities, level of expertise and years of experience in the field. 

Source: Payscale

Required Educational Qualifications

  • Graduation and Postgraduation in Commerce with a minimum of 55% marks
  • The candidates are required to complete the course of Chartered Accountancy (CA) in India offered by the Institute of Cost Accountants of India or ICAI.

Required Skills

  • Strong understanding of complex financial problems
  • Numerical Aptitude 
  • Analytical and Critical Aptitude 
  • Communication Skills

Roles & Responsibilities

While a CA has a number of responsibilities related to finances and accounts management in the company, the more specific responsibilities include those like updation of accounts, preparation of financial statements, smooth management of accounting systems and processes, preparation of monthly and annual financial reports, income statements and auditing on a regular basis. 

Read: What Is An Online MBA?

Chartered Accountant Salary in Top Companies

The top recruiters and hiring firms for CAs in India include: 

  • Deloitte 
  • Ernst & Young 
  • KPMG 
  • Standard Chartered 
  • ICICI Bank 
  • Kotak Mahindra Bank

Source: Chartered Accountant Salaries

3) Data Scientist

A data scientist is someone who uses data to analyse business and market trends and accordingly make decisions and strategies to grow the venture. Data Science has been considered as the coolest profession of the 21st century and for all the valid reasons. Not only is it one of the booming fields in the IT domain currently but is also one of the highest paying jobs in India currently. A job role in the field of data science can help you earn anywhere between INR 8 LPA to INR 10 LPA as a starting package. The package definitely hikes with time and experience. A Data Scientist with a minimum of 5 years of work experience can earn around INR 30 LPA. Not only is the job quite engaging and offers a scope for innovation, its scope is also likely to grow in the future. 

Source: Payscale

Required Educational Qualifications

One can enter the field of data science 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).
  • One can even enter the data science field by pursuing various diploma or certification courses to develop a firm grip on programming languages like Python, R, SQL, etc.

Read: Career Options After 12th Science

Required Skills

Apart from educational qualifications, an enthusiast in data science needs to hone the following skills to become successful in the profession in India: 

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

Roles & Responsibilities

The job role of a data scientist entails responsibilities such as collection and organisation of structured and unstructured data sets, automate the process of data collection, identifying data-based business problems and providing solutions to them, working on various Machine Learning algorithms, designing predictive models for business, effective data visualisation etc.

Top Companies Hiring Data Scientists

Some of the reputed firms and MNCs that hire data scientists include: 

  • Tata Consultancy Services (TCS) 
  • Cognizant 
  • Accenture 
  • IBM 
  • Infosys 

Source: Data Scientist Salaries

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4) Machine Learning Specialist

Machine Learning Specialist is another high paying job profile in India and it includes the role of IT Architecture and Development. In India, the IT sector has grown by leaps and bounds in recent years and this has induced huge attention to Machine Learning. ML professionals are now earning hefty amounts and are among the best paid engineers in India. Machine Learning comes under Artificial Intelligence and is integrated with sectors or industries like IT, Healthcare, Education, BFSI, Retail and so forth. A machine learning expert needs to finesse skills like Java, R, Python programming, Scala, etc. A Machine Learning Specialist earns around INR 8 LPA on average. 

Required Educational Qualifications

In order to be a Machine Learning Specialist, you must possess certain required degrees/ qualifications for your candidature to be accepted by companies. 

  • You must have a B.Tech/B.E. degree in Computer Science/ Mathematics/ IT/ Data Science. 
  • A Master’s or Doctorate degree in the field provides an upper hand during placements.

Required Skills For Machine Learning Specialists

The skills for becoming a machine learning specialist/engineer is related to a prowess over certain specific areas, a few of which have been enlisted below: 

  • Big Data Analytics
  • 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.

Source: Payscale

Roles & Responsibilities

The common job roles and responsibilities that a machine learning engineer must fulfill include those like examining and doing necessary modifications in data prototypes, designing strategies for machine learning, implementing ML algorithms, performing detailed statistical analysis and fine-tuning results, training and retraining ML systems, working and experimenting on applied machine learning methods etc. 

Read: Here Are 7 tips to Stay Focused

Machine Learning Specialist Salary in Top Companies

Some of the top hiring companies and international firms include: 

  • Amazon 
  • Larsen & Toubro 
  • Ericcson 
  • Standard Chartered Bank

Source: Machine Learning Salaries

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5) Blockchain Developer/Engineer

The new revolutionary field of blockchain is altering everything ranging  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. In India, there is a soon-expected shortage of expertise in the field of blockchain technology as both the private corporate and governmental sectors are ready for adopting this new market-changing technology and there are limited professionals trained in this field.

An average salary of a blockchain developer in India is nearly INR 7 LPA, as per the data of Payscale. Since it is a new and developing field in India, there are not many experts in this field in the country currently, so it is one of the highest paying professions in the tech world right now due to the gap between the demand for professionals and their dearth. The field is expected to grow immensely in the time that follows. 

Source: Payscale

Required Educational Qualifications

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

Required Skills

  • Understanding of C++, Python, Java and JavaScript
  • Knowledge of Frontend and Backend Technologies
  • Deep knowledge of blockchain architecture and data structures
  • Knowledge of Cryptography and Decentralised Applications
  • Knowledge of HTTP and REST Protocols 
  • 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. They develop frontend and backend technologies for the website of the company and upgrade the applications of the business to match up with the new tools and techniques. They create web pages, servers, databases, APIs etc for the company. 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

Some of the prominent companies and firms that hire blockchain developers and engineers include: 

  • Tech Mahindra 
  • IBM 
  • Wipro 
  • Accenture 
  • Microsoft 
  • Google 

Source: Blockchain Developer Salaries 

6) Full-Stack Developer

Full Stack Developers are responsible for developing the frontend and backend of the software/website of a company. An average salary of a full-stack developer is INR 6 LPA to INR 7 LPA in India as per Payscale. However, mid-senior level developers can earn anywhere between INR 15 LPA to INR 20 LPA. Full Stack Development is one of the highly paying jobs in India in the technological domain as it involves the job of web development and database system management of the company. Full stack developers are also responsible for the website’s appearance by using CSS and HTML. 

Source: Payscale 

Required Skills

  • Knowledge of front-end and back-end languages
  • Software Development Practices and Processes
  • Have a knowledge of databases like MySQL etc.
  • Analytical thinking abilities
  • Expertise in HTTP and REST Protocols 
  • Problem-Solving Skills
  • Aesthetic, Visualisation and Designing Aptitude

Roles & Responsibilities

A Full Stack Developer is responsible for the creation of website architecture on both the frontend and backend. Apart from this, they take care of web page user interactions and develop 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

Some of the top companies offering a job to full-stack developers include: 

  • Tata Consultancy Services (TCS)
  • Infosys 
  • IBM 
  • Accenture
  • Deloitte 
  • Cognizant 
  • KPMG

Source: glassdoor

7) Product Manager

The Product Manager is in charge of the product or product line’s strategy, marketing, feature definition and forecasting among other responsibilities. The product manager’s job entails determining consumer needs, conceptualising necessary features, and collaborating with the engineering and other organisational teams to implement major strategies. Requiring considerable expertise, skills and professional experience, making it one of the highest paying jobs especially in the IT sector in recent years. The average salary of a product manager in India is approximately INR 14 LPA.  The requirement of this job role lies in industries such as FMCG, retail, telecom etc. 

Source: Payscale

Required Educational Qualifications

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

  • Bachelors in Business Administration (BBA) or a Graduation Degree in Economics/ Public Relations/ Advertising/ Mass Communication/ Marketing/ Communication Studies etc. 
  • A Master’s degree or PG Diplomas in relevant fields for senior-level positions in the product management department is preferred. 

Required Skills

Although candidates do need educational degrees, career escalation in the field entails certain skills. Some of the important skills that product managers must possess include: 

  • Problem-Solving Skills
  • Effective Communication and Negotiation Skills
  • Works Effectively with Multidisciplinary Teams
  • Must have a Strong 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 manufacturing, branding, marketing etc. according to that. They are the one who define 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 enhancing the existing products. Hence, a product manager receives high salary packages as the job role entails multifaceted and important job responsibilities. 

Read: Here Are Top 10 Career Options After MBA

Product Manager Salary in Top Companies

A few of the top companies that recruit product managers include: 

  • ICICI Bank
  • HDFC Bank
  • Kotak Mahindra Bank
  • Axis Bank
  • Cognizant 
  • Tata Consultancy Services (TCS)
  • Amazon 
  • Oracle

Source: Product Manager Salaries

8) 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, affecting diverse domains in the personal as well as professional lives. In this context, there is an immensely growing demand for AI experts currently which has made this profession one of the best paying in the world.

An AI Engineer earns INR 8.5 LPA on average in India and an experienced AI expert can even earn up to INR 20 LPA. An AI Engineer must have the strong foundational knowledge of programming languages, mathematics and statistics, TensorFlow and other latest technologies. The market demand and recognition of AI professionals is expected to grow manifold in the near future because many businesses are adopting AI to improve the performance of their businesses. 

Source: Payscale

Required Educational Qualifications

AI software engineering is a professional requiring technical expertise 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

Some of the prominent aspects of the job role of an AI specialist include: 

  • Working with various IT professionals like data scientists, data analysts etc.
  • Working on the overall AI development process cycle for the organisation.
  • Providing guidance through various analytical techniques for the company’s future decision-making processes
  • 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

A few of the top companies that hire AI specialists include: 

  • IQVIA
  • Tata Elxsi
  • Prime Focus Technologies
  • Tata Consultancy Services (TCS) 
  • Open AI 
  • Google 
  • Microsoft 

Source: Artificial Intelligence Engineer Salaries

9) Management Consultant

A management consultant is a professional who helps improve business performance of a company by addressing and solving problems related to the overall functioning of the firm and maximising growth. An average salary earned by a management consultant is INR 11 LPA-  INR 12 LPA as per the data of PayScale. Even candidates in the initial stages of their career in management consultancy in the corporate world can earn up to INR 6 LPA - INR 7 LPA. Management is currently one of the most sought after career fields in India and with sufficient experience, it can provide excellent career escalation and become one of the top paying jobs in the country. 

Source: Payscale

Required Educational Qualifications

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

  • Preferably a BBA or a Bachelor’s degree in business-related fields is accepted. 
  • Preferably an MBA or any other Master’s degree in the relevant field in specialisations like Finance / Economics / Management / Accounting. 

Required Skills

Some of the central skills needed to excel in a management career include: 

  • Communication and management skills
  • Problem-solving skills
  • Understanding of the Customer Needs 
  • Understanding of Finance, Economics, and Related Fields
  • Team and Collaborative Skills 

Roles & Responsibilities

The basic roles and responsibilities of a management consultant are to help companies solve business problems, improve performance, and maximise growth. After thorough qualitative and quantitative analysis of the problems, the management consultant needs to propose the necessary findings before the client or the company. The presentation of a plan to implement the necessary actions is also a part of being a management consultant. Detailed analyses and most importantly effective problem-solving is the key responsibility of a management consultant. 

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

Management Consultant Salary in Top Companies

Virtually, all top organisations and companies work with, hire or collaborate with management consultants, of which a few of the top ones are mentioned here: 

  • PwC
  • Tata Consultancy Services (TCS) 
  • Deloitte 
  • IBM 
  • KPMG
  • Infosys 
  • Accenture 
  • Cognizant 
  • Bain & Co 
  • Capgemini

Sourceglassdoor

10) Marketing Manager

Marketing Managers are professionals working across different departments of the industry, for instance, IT/Software, Automotive, Finance, Retail etc. with the primary focus of improving the marketing strategies and outcomes. They are responsible for developing innovative marketing strategies and campaigns that align with the company’s objectives and customers’ needs. A marketing manager has to conduct market research and analyse 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 around INR 8 LPA and the highest salary package that can be earned in this profile is nearly INR 20 LPA, as per latest statistics. 

Source: Payscale 

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  Bachelors in Business Administration (BBA) with Marketing Management specialisation 
  • An MBA or PGDM in Marketing Management is much preferred in the corporate sector 

Required Skills

  • Impressive Oratory and Interpersonal skills 
  • Understanding of Human Psyche 
  • Leadership and team-building skills
  • Creativity & Innovation 
  • Attention to Details
  • Problem-solving and Strategic Planning Skills
  • Negotiation Skills

Roles & Responsibilities

Marketing Managers conduct market 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, conduct pricing analyses, monitor and evaluate the success of marketing campaigns etc. 

Read: What Is Career Counselling?

Marketing Manager Salary in Top Companies

Top companies that hire marketing managers include those like:

  • Amazon 
  • Byju’s  
  • Amway 
  • IBM 
  • Flipkart

Source: glassdoor

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11) Cloud Architect

A Cloud Architect is responsible for developing cloud architecture, cloud strategy, and ensuring that the application architecture in the cloud environment has been done properly. As Big Data keeps on increasing and evolving with advanced internet services, the role of cloud architects has become very crucial. Cloud architecture is emerging as one of the most well-paid IT professions in the world. The average salary of a cloud architect is around INR 19 LPA to INR 20 LPA. A cloud architect requires a thorough understanding of cloud application architecture and the knowledge of Amazon Web Services (AWS) for success in the career. 

Source: Payscale

Required Educational Qualifications

You need strong foundational knowledge of programming languages, cloud application architecture and AWS to develop a career in this field. The major educational qualifications needed to become a cloud architect in India are mentioned below: 

  • B.Tech/ Bachelor’s degree in Computer Science / B.E. in Software Engineering 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 solutions 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

Some of the top hirers of cloud architects include those like: 

  • Tata Consultancy Services (TCS) 
  • IBM 
  • Infosys 
  • Capgemini 
  • Accenture 
  • KPMG
  • Microsoft 
  • Google 

Source: glassdoor

12) Investment Banker 

Centred around the job of enabling a client or a company to make the most informed, strategic and smart decisions about investment, an investment banker is crucial for the financial growth, planning and strategisation of a company. Investment banking is one of the lucrative job domains in India and its average salary CTCs are in quite a high range. In metropolitan cities and tier 1 cities such as New Delhi, Bengaluru, Mumbai, Pune etc. an investment banker can easily earn about INR 8.87 LPA on an average as per statistics of Payscale. The job role of investment banking requires the professional to have a strong foundational understanding of financial management, analytical acumen, quick and informed decision-making etc. 

Required Educational Qualifications

The minimum educational qualification requirements to become an investment banker in India include: 

  • Bachelors in Commerce or in a Subject like Finance/ Economics/ Financial Management/ Business Administration etc. 
  • A PG Diploma with the specialisation of Investment Banking or a Masters degree in the Relevant Specialisation

Required Skills

Some of the major skills needed to excel as an investment banker include: 

  • Having mathematical and statistical acumen 
  • Research, Analytical and Critical Skills 
  • Strong Communication and Articulation Abilities
  • Critical and Quick Decision-Making Ability  

Roles & Responsibilities

The job of an investment banker entails efficient decision-making about critical investments of a company on the basis of available data from past records and histories. An investment banker is also responsible for the creation of financial models, equity and debt models and valuations for the company, to provide suggestions and advice about investment opportunities and strategies. 

Investment Banker Salary in Top Companies

Some of the top high-paying companies that hire investment bankers include: 

  • Deutsche Bank 
  • HSBC
  • Kotak Mahindra Bank 
  • Goldman Sachs 
  • JP Morgan and Chase
  • Citibank etc.

13) Data Engineer

With the large amounts of data being generated in the corporate and other professional sectors, data engineering has emerged as one of the prominent and well-paid jobs in the IT industry. Data engineers are engaged in the creation of storage systems for large scale data. Data engineers are dedicated towards making massive data more usable, easier to interpret and manage. The field is highly paying, with latest statistics indicating that data engineers can easily earn anywhere around INR 8 LPA to INR 9 LPA as a data engineer. Top companies, MNCs, IT firms hire data engineers with fair compensation. 

Source: Payscale 

Required Educational Qualifications

The minimum qualifications that a candidate needs to practise as a data engineer includes: 

  • A B.Tech/ B.E./ Bachelor’s degree in Computer Science /Data Science/ Data Engineering 
  • Professional Certification in Data Engineering such as those offered by Google, IBM, Cloudera etc. 

Required Skills

The key skills needed to excel as a data engineer include:

  • Proficiency in Coding and Programming Languages like Python, JavaScript, C++ etc. 
  • Familiarity with relational and non-relational databases
  • Extraction, Transformation and Loading of Systems 
  • Automation Skills 
  • Identifying Technical Audiences and Accordingly presenting Solutions

Roles & Responsibilities

A data engineer is concerned with responsibilities such as creation and development of systems for data ingestion such as databases, APIs, logs etc., designing data storage systems, creation of data schemas and models that allow seamless querying and analysis, build data pipelines, attend to data security for the company, optimise performance and so on. 

Top Companies Hiring Data Engineers

Some of the prominent companies hiring data engineers include: 

  • Accenture 
  • Tata Consultancy Services (TCS)
  • Amazon 
  • IBM 
  • Cognizant 
  • Capgemini 
  • Infosys 
  • Deloitte 
  • Ernst & Young 

Source: Glassdoor

14) DevOps Engineer

Development and Operations engineering or DevOps Engineering is a field concerned with increased collaboration between software development teams and operations to increase the efficiency of the company in software delivery. DevOps engineers work to increase the frequency and efficiency with which software development life cycle of the company functions. An average salary that can be earned by a DevOps Engineer in India is INR 8 LPA to INR 8.9 LPA. The job demand for this field is growing, with the salaries being offered by the top firms and companies hiking over the years for this profile. 

Source: Payscale 

Required Educational Qualifications

The basic educational qualifications which are needed for sufficient exposure to DevOps roles and skills are: 

  • A B.Tech/B.E/Bachelor’s degree with Specialisation in Computer Science 
  • A Master’s Degree in Computer Science is preferred at many organizations 

Required Skills

The major skills set that a DevOps engineer must have include: 

  • Knowledge of CSS, HTTP, SSL, HTML, etc. 
  • Programming and Coding Knowledge like those in Python, C++, JavaScript, etc.
  • Understanding of Production Infrastructure 
  • Knowledge of how to Effectively manage Server Administration 
  • Soft skills like communication skills, collaborative ability, team skills, interpersonal abilities, etc.  

Roles & Responsibilities

As per Payscale, the key job responsibilities of a DevOps engineer include researching and analyzing top new technologies that would enable better development and operations for software release of the company, effective implementation of highly scalable systems options for the company, designing, analyzing and evaluating automation scripts and systems etc. 

Top Companies Hiring DevOps Engineers 

The top companies and enterprises that hire DevOps engineers include:

  • HCL 
  • Dell 
  • Cognizant Technologies 
  • IBM 
  • Infosys 
  • Wipro 
  • Capgemini 

Source: glassdoor 

15) Business Analyst

Business analyst, a job title closely related to fields like data analyst and data scientist, pertains to the researching, analysis, strategizing and management of data and information for making business decisions. Business analysts not only ease the process of decision-making on the basis of information and data, but they also help to improve the operations within the company to enhance effective functioning. This is a job sector ripe with opportunities and is among the highly paid jobs in India of 2024. The average salary that a business analyst in India can earn is around INR 6 LPA to INR 7 LPA. The salary hikes that a professional can get with experience and greater expertise is considerable. 

Source: Payscale

Required Educational Qualifications

Some of the major educational qualifications that a business analyst must possess include: 

  • A valid Bachelor’s Degree in Subjects like Finance/ Economics/ Statistics/ Data Science etc. 
  • A Certification or a Diploma program in Business Analytics at the PG level 

Required Skills

The primary skills needed to thrive in the domain of business analytics include: 

  • Project Management Ability 
  • Business Analysis Skills 
  • Data Analytics and Visualisation Abilities 
  • Requirement Analysis 
  • Communication, Negotiation and Interpersonal Skills 

Roles & Responsibilities

The role of a business analyst is quite multifaceted and vast. A business analyst collaborates with all the major departments of a company to enhance the efficiency of functioning through use of data and information-driven methods. But most importantly, a business analyst is involved in data collection, interpretation and analysis to drive business decisions. This entails data collection through a number of methods, analysis of current business processes and operations, creation and conducting feasibility analysis of business plans, solution designing, testing and quality assurance.  

Top Companies Hiring Business Analyst

Some of the prominent companies that hire business analysts include: 

  • Deloitte 
  • Increfft 
  • Capgemini 
  • KPMG
  • Genpact 
  • IQVIA 

Source: Glassdoor

Conclusion

If you have read the blog up till here, then by now you already have some direction about some of the most well-regarded and highly paid jobs in India as of 2024. Choosing the right job is not a simple, linear decision, but rather a consideration of multiple factors like one’s interest, aptitude, expertise and the pay of the job. The salary of a job is certainly one of the key factors while selecting a career domain, and hence having an idea about courses and job domains that offer fair compensation is important for making an informed choice. 

FAQs (Frequently Asked Questions)

The highest-paid jobs in India as of 2024 are those of data scientists, medical professionals, specifically doctors and surgeons, machine learning and artificial intelligence engineers, software engineers etc.

Jobs related to digital marketing, management and the IT sector are quite in demand in India in recent years.

As a Chartered Accountant or CA, you can earn up to Rs. 8 LPA on an average in top firms like Deloitte, KPMG, Pwc, and EY, and so forth. Highest salaries range up to Rs. 15-20 LPA as well.

A doctor in India earns around Rs. 8 LPA to Rs. 10 LPA on an average. The salary of a doctor varies considerably as per the sector or specialisation area they are working in.

Some of the highest-paying jobs with high salary packages include those of medical professionals, data scientists, cloud architect, product manager, etc.

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

Yes, irrespective of the stream you have had prior education in, you can secure a high-paying job. Government jobs like IAS, PSU jobs etc. are highly paid and can be applied to by candidates from any stream. Similarly, some job domains like management, product management etc. can be ventured into by any candidate, including those belonging to the Arts stream.

Every query is essential.

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