10 Highest Paying Jobs in India
Every student who is ready to get into college has this one question in his/her mind: What job would make me rich? Seldom does the student find a proper answer. Well, I am here to answer that question for all those you who are confused.
Let’s not waste any more time and get right into it, here are the Top 13 Highest Paying Jobs in India:
1. Growth Hacker
Growth hackers are the people who work towards rapidly increasing the growth of a company. They use both conventional and unconventional ways of experimentation in marketing to skyrocket the business of a company.
The demand for Growth Hackers in today’s day and age is high; however, the supply is sadly less. As it is a new-age career option, it was never considered a necessity in major companies. But, with online and offline channels of business expanding every day, the demand for Growth Hackers has risen by almost 30%. Growth Hackers have a flexible cross-functional role as they work in cohesion with different teams such as production, marketing, sales, technical and engineering departments.
Growth Hackers are data freaks who are expected to be good at analysis of collected information, which in turn is used to by them to come up with strategies and campaigns to increase growth.
It’s a highly engaging job that would give you no time to rest but will pay you back handsomely.
Salary Range: Rs. 60,000 to Rs 7 Lakhs per month
Candidate must have a bachelor’s degree. Having a degree in Management and Marketing is preferable with a major focus on Digital Marketing. Candidates from other streams can also become a Growth Hacker after completing a certification course in Digital Marketing. As it is an analytical-based career, candidates can boost their chances of in Growth Hacking by doing Business Analytics courses. There is an MBA as well as a PGD in business Analytics.
2. Chartered Accountants
It’s no secret; Charter Accountancy is one of the most respected jobs in India. It takes immense dedication, patience, and we stress—lots of patience to complete the CA course. But once you do, as your peers would jovially say, life is set! At least from a financial standpoint, everything will be steady.
Chartered Accountants are expected to have a great command over Business and Accountancy and need to be extraordinarily well-groomed. There are many job opportunities in the Government and Private sectors as a CA can take up any of the following roles:
- Chartered Accountant
- Finance Manager
- Finance Director
- Vice President, Finance
- Financial Controller
- Financial Analyst
- Chief Financial Officer
There are currently 282193 qualified fellows and associates registered with the Institute of Chartered Accountants of India (ICAI). Whether it is private practice or under any certified firm, CAs can earn big bucks by working in areas such as auditing, tax management, financial and management accounting.
Salary Range : 20,000 to 25 lakhs per month
Now there are two pathways to becoming a C.A. Let’s take a look at either one of those:
For 12th Pass Candidates:
- Complete 12th from commerce with a minimum score of 50%. The cut-off for Science and Arts stream students is 55% with a minimum of 60% scored in Mathematics.
- Register for and Give the Common Proficiency Test (CPT)
- After clearing CPT, the candidate must register for the Integrated Professional Competence Course (IPCC)
- After completing the IPCC, the candidate would move on to the Articleship stage, which is a 3-year training period under a C.A. who is practicing.
- In the final 6 months of Articleship, the candidate must apply for the C.A. Final Course.
- Clear the C.A. Final Examination and you will become a member of The Institute of Chartered Accountants of India (ICAI).
- There is a Direct Entry Scheme as per ICAI which allows candidates who have completed their graduation to skip the CPT.
- Graduates from Commerce background need to have scored a minimum aggregate score of 55% while candidates from other streams must have scored at least 60%.
- The graduate can bypass CPT and go straight into the IPCC phase.
- The remaining procedure remains the same.
3. Technical Writer
While many companies have a thing for content writers these days, Technical writers are a different species altogether.
While they are writers too, the major focus of Technical Writers is on the technicalities related to an IT firm or a programming company. Technology and Software building companies need Technical Writers to create specified pieces of content based on the services and products.
Software user manuals, instruction sheets, FAQ pages, detailed pages for technical support and other such relevant technical documentation are required to be written by a Technical Writer.
Technical writers are often misjudged and ignored. Companies need Technical Writers to clearly convey what their product or service is about to the consumer. You take a look at any of the top job portals on the Internet and you would find thousands of openings for Technical Writers, an obvious indication of why it’s one of the fastest rising careers in India.
Salary Range: Rs 50,000 to Rs 1.7 lakh a month
While there is no specific qualification that has been prescribed, most Technical Writing jobs require candidates to have a great command over English and high-quality writing skills. Graduates are needed for Technical Writing jobs, thus, an aspiring Technical Writer is encouraged to pursue any Bachelor’s Degree programme in Journalism or literature.
Additionally, there are many Technical Writing courses that give candidates a crash course on the job. Technical Writers are also expected to be knowledgeable and up-to-date with the new trends and happenings in the field they wish to write about.
Everyone is aware of what a psychiatrist does. You would agree when I tell you that this is one of the easiest yet the most difficult jobs on this list.
With the competition increasing in every industry and stress levels shooting up with each passing day, most people need a psychiatrist today.
Most people take care of their physical well-being but the state of one’s mental health is rarely focused upon. Many issues in day-to-day life spring from lingering psychiatric complications that need to be fixed in the right way. High suicide and crime rates are enough to tell you why we need able psychiatrists.
Psychiatry is important for the overall development of a human being, thus, it is a profession that will never see demise as we continue to evolve. Psychiatrists have options to choose from too:
- Geriatric Psychiatry
- Adolescent and Child Psychiatry
- Addiction Psychiatry
- Forensic Psychiatry
- Organized Psychiatry
- Adult Psychiatry
- Clinical Psychiatry
- Academic Psychiatry
- Liaison Psychiatry
- Eating Disorders Psychiatry
- Prenatal Psychiatry
- Emergency Psychiatry
- Sports Psychiatry
To become a Psychiatrist, you would have to complete an M.B.B.S. and then go for a Doctor of Medicine (M.D.) in Psychiatry, which is a 3-year programme.
Salary Range: Rs 30,000 to Rs 13 lakh a month
5. Digital Marketing
The Digital Marketing field is a combination of SEO, Social Media Marketing and Growth Hacking.
You can see why this ended up in the list. Digital Marketing is a 3-in-one field and to become a successful Digital Marketer, you would have to know Social Media Marketing, Search Engine Optimization and many other aspects of the multi-faceted profession.
As mentioned earlier in the article, almost everything is digitalized today including businesses. A majority of us spend countless hours browsing the internet either on our phones or desktops and it is the best bet for advertises to expand their markets.
Around $3 Billion has been pumped into digital and mobile ad campaigns by companies, which goes to show the potential and worth of Digital Marketing. One of the biggest reasons why Narendra Modi came to power was BJP’s extensive digital marketing campaigns.
Digital Marketing is the present and the future. It offers diversity as well, as a Digital Marketer has to deal with the following:
- Search Engine Optimization (SEO)
- Social Media Marketing (SMM)
- Content Marketing
- Pay-Per-Click (PPC)
- E-Mail Marketing
- Online Public Relations
- Affiliate Marketing
- Search Engine Marketing (SEM)
- Smartphone Marketing
- Native Advertising
Salary Range: 25,000 to 1.5 Lakhs a Month
Digital Marketing is one of those fields which have seen many candidates coming in from other professions. Many Engineers have jumped ships to the lucrative world of Digital Marketing in recent years and the trend is still on the rise. While there are not many graduate programmes for Digital Marketing, there are tons of short and long-term certification courses that offer a thorough study of all the concepts of Digital Marketing.
Colleges nowadays provide BBA and MBAs in Digital Marketing too which is a great way of getting a career going in Digital Marketing. While certificated knowledge is a must, Digital Marketing is something that is learned on the job. Results in Digital Marketing during a job are more valuable than a degree, but a graduation degree is still a must to get a Digital Marketing job in most firms.
It’s a known fact that Pilots get paid a hefty sum of money for their job. However, the ground staff also attracts high salaries. With the boost in Aviation industry, the time is right to pursue an aviation course as the industry is booming as we speak.
There are approximately 450 airports and airstrips in India, which means the field of Aviation is a goldmine of jobs. The estimation is that India will rank third in the world in terms of passenger volume by 2024.
Such a tremendous growth would need equal amounts of manpower for sustainment. So chuck all your reservations out of the window and give Aviation a serious thought. An aviation graduate can work as a:
- Airport Administrator
- Airport Manager
- Ground Attendant
- Logistics Manager
- Cargo Manager
- Airline Contacting Manager
- Sales Manager
- Marketing Manager
- HR Manager
- Airport Operations Manager
- Customer Care Executive
- Program Manager
- Credit Control Manager
- Airline Reservation Agent
Salary range: Rs. 20,000 to Rs. 3 lakh a month
While candidates who have completed their 12th or have a diploma can also find jobs at airports and in the Aviation sector, it is advisable to have a proper bachelor’s degree if you wish to get a higher position and more money.
Salary Range for Pilots: Rs. 1.5–12 lakhs per month
7. Investment Banker
Investment Bankers are those who give suggestions to companies and rich people about where to invest their money. In short, Investment Bankers make the rich richer and they get their fair share of money for doing so.
It’s not difficult for someone who makes other people rich to become rich himself, isn’t it? Investment banking is a high-intensity career that requires professionals to be on top of market trends and should have solid analytical skills and knowledge of finances, transactions, mergers and acquisitions, capital and debt syndication.
Add to it some top-notch convincing skills and you have a potentially successful investment banker.
As Investment Banking is all about high-level deals involving big money, Investment Bankers pocket incredible salaries.
A host of top investment banks and firms such as Ernst & Young Private Ltd., Price Water House Coopers, Axis Capital Ltd., Arpwood Capital Private Ltd., J.P. Morgan Securities LLC, Kotak Mahindra Capital Co. Ltd., ICICI Securities, Edelweiss Financial Services, HSBC, etc, need proficient Investment Bankers to keep up with the profitable demands.
Salary Range: Rs 30,000 to Rs 4 lakhs a month
Having a bachelor’s degree is a must. The bachelor’s degree should preferably be in disciplines such as economics, banking, investment or finance. There are many colleges offering B.Com. and B.B.A. courses in those disciplines.
Investment Banking, as mentioned above, is a high-end career and thus, most firms lookout for candidates who have an M.B.A. in Finance and Investment. Doing an M.B.A. while also staying in touch with the market and other developments is the best way to advance as an Investment Banker.
You don’t have to be a star kid to be a successful actor. Nepotism is surely a thing, but acting isn’t just about performing in big movies. Actors have different avenues. Theater, advertisements, television, short films, stage shows, street plays—there are many opportunities when you think of it.
Acting is just one aspect of the massive entertainment industry as it takes a large team of individuals who contribute towards the final product. Editors, videographers, cinematographers, directors, producers, music composers, visual effects, screenwriters, scriptwriters, casting directors, marketers and many other professionals need to do their jobs to for their collective creative effort to be successful.
Then you have the subsidiary entertainment sectors such as Radio, TV and Online Streaming services such as Netflix and Amazon Prime that need a magnanimous amount of personnel. Hell, you can even become a YouTube star and some great moment through ad revenue in today’s day and age if you have good content.
I certainly don’t need to tell you why in a country like India, the world of showbiz and acting will never cease to exist. The Indian Film Industry is expected to bring in gross revenue of $3.2 Billion by the year 2020.
There may be a little struggle along the way, but it’s a field of work that can be exploited for momentary gains.
Salary range for actors: Rs. 20,000–1 crore a month. The figure is based on the amount of work and size of the project that you can get.
Practicing law isn’t an easy task. Don’t get mislead by movies; a lawyer’s job just doesn’t involve coming up with sharp counter-arguments in a courtroom. Advocates and attorneys have to be trusted advisors when it comes to legal and criminal matters. They are also in charge of creating legal documents. The Laws in the country may not always be respected but the Lawyers certainly are.
They get a good handsome salary for their efforts too.
Salary range: Rs. 40,000–5 lakhs per month
Ambitious lawyers would need to complete a Bachelor’s In Legislative Law (L.L.B.) which is a three-year course and can be taken by any graduate who has a Bachelor’s degree.
Here are some of the most popular courses for Law:
- Bachelor of Arts (B.A.) + LLB (5 years)
- Bachelor of Commerce (B.Com.) + LLB (5 years)
- Bachelor of Business Administration (BBA) + LLB (5 years)
- Master of Legislative Law (LLM) (2 years)
- Doctor of Laws (LLD)
As the legend goes, “If you are good at something, don’t do it for free.” Freelancers believe in this saying. They sell their skills to companies or individuals and get paid for their services. The payment, of course, depends on the amount of work you’re willing to do.
A freelancer with a good portfolio can make somewhere can make enviable money by just sitting at home. There is a catch as the money depends on the amount of work you do. You can be from practically any field and offer your services on a freelance basis. Some of the most popular categories include:
- Graphic Designers
- Content Writers
- Social Media Marketing
- Digital Marketing
- Banner Design
- Mobile Application Development
- Data Processing
- Video Services
- Art Illustration
- Designing and Painting
Wondering how you can get freelancing gigs? There are tons of websites that act as the mediator between freelancers and clients. Here are the most noteworthy ones:
Salary Range: 30,000–3 lakhs per month (Depends on the frequency and size of projects)
As long as you’re good at your craft and have a solid portfolio, it doesn’t matter what qualifications you have. Even dropouts make good money freelancers as they learn new skills and become incredibly good at them. As I said, perfect the skill you’re offering and build up an attractive body of work.
Do you have any other job in mind? Let me know in the comments below.
Note: The list of Highest Paying jobs & salaries has been obtained from an extensive research after going through a lot of portals such as glassdoor etc.. and asking various people who are working in these fields.
Which Career Are You Going To Choose?
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.
© 2019 Tayeeb Khan