There’s no denying the fact that we all wish to have a job that pays offers amazing monetary benefits. After investing so many years in our careers, it’s justified to want a career that pays what we deserve. However, it is not an easy task!
The pandemic led to digital transformation & technological advancements, which have brought some prominent changes in the job market.
Thus, we will discuss the list of careers that pay well in India to simplify things for you.
While there is no dearth of career alternatives that pay well, it is vital to understand that salary benchmarks vary across different industries & organizations. In addition, your salary will also depend upon your educational qualification, skills, expertise, experience, etc.
So, whether you are a fresher, middle-level worker, or senior-level professional, there are numerous options available that offer you a high-paying job.
Thus, grab your notebooks & note down the careers that pay well in India!
Top Careers That Pay Well In India
As discussed earlier, there is no dearth of careers that pay well in India. However, selecting a career or choosing one that aligns with your interests is essential.
Take a look at the following careers. You might just get/ find what you want!
- Artificial Intelligence (AI) Engineer
An artificial intelligence engineer is an expert who creates intelligent software systems that can learn, adjust, & get better over time. These professionals collaborate with stakeholders to determine what the business requires. Further, they also design & create software solutions that satisfy those business requirements using AI & machine learning technologies.
Interestingly, AI engineers have a strong background in mathematics, computer science, & statistics. They are in charge of creating & testing models that can accurately anticipate outcomes, thus making wise & relevant decisions.
In addition to technical knowledge, AI engineers also have robust communication & collaboration skills. However, the location, expertise, & industry are some examples that can affect the average salary of an AI engineer.
An AI engineer makes around Rs. 600,000 annually & the top recruiters include Oracle, Amazon, Google, IBM, Deloitte, etc.
- Data Scientist
Data scientist is a relatively new & one of the top careers that pay well in India. It offers competitive perks & salaries to individuals.
Aptly termed as the ‘most promising career’, this field includes professionals who collect, analyze, & interpret enormous amounts of data in the organization.
In addition, data scientists have a strong foundation in programming, computer science, statistics, mathematics, analytics, etc. Being among the highest-paying jobs, the average salary is Rs. 11,00,000. Moreover, if you are an experienced data scientist, you can earn as high as Rs. 60-70 lakhs annually. The top employers include Walmart Labs, GreyAtom, Amazon, etc.
- Machine Learning Experts
Machine learning is an integral part of Artificial Intelligence, gaining tremendous popularity among numerous industries. Regarding careers that pay well in India, AI & Machine Learning get the top position. The field is growing steadily & will continue to expand significantly in the next few years.
Discussing the role, machine learning experts perform statistical analysis & develop numerous learning programs & algorithms that can be implemented for multiple business needs.
However, the average salary of a machine learning engineer is around Rs. 728,724. Individuals having less than one year of experience earn about Rs. 501 000 annually. In addition, middle-level professionals earn around Rs. 600,000, while experienced/ senior professionals earn as high as 19-20 lakhs per annum.
- Blockchain Developer
Blockchain technology is the new buzzword in the industry. It is known to redefine things like currency transactions, internet connectivity, data security, data handling, etc.
Interestingly, both public & private sectors are resorting to blockchain technology to cut out intermediaries, minimize costs, & enhance their reach. However, there’s a lack of a specialist blockchain developer to meet the growing demand for supervising & managing blockchain applications.
Individuals with a robust background in mathematics, statistics, computer science, etc., can aspire to become blockchain developers. Coming to salary, a blockchain developer earns up to Rs. 8-9 lakh annually. Seniors/ experienced individuals can earn up to Rs. 45 lakhs annually.
- Management Consultant
Management consultants help companies resolve issues, boost work performance, & amplify growth. They deal with the strategy, operations, structure, & management of the company.
Upon having a bachelor’s degree in Business Administration, Accounting, Economics, or Finance., aspiring applicants can pursue MBA to become a management consultant. You can be assured that an MBA program will get you the best career opportunities in India.
The salary of a Management Consultant ranges from 11-12 lakhs. Entry-level consultants earn almost Rs. 6-7 lakhs annually, while experienced consultants earn around 17-25 lakhs. Moreover, the top employers include Deloitte, KPMG, Ernst & Young, Accenture, etc.
- Marketing Manager
A marketing manager creates & executes marketing strategies in business to meet consumer demands, thus yielding profits. These professionals work across all industry parallels & their job grows by leaps & bounds.
A bachelor’s degree in Marketing Management/ Business Administration is the fundamental qualification needed to pursue a career as a marketing manager. Apart from being one of the top careers that pay well in India, marketing managers design innovative products & offer solutions to meet company objectives & consumer demands. The average salary ranges from Rs. 7-22 lakhs annually for entry, medium, & senior levels. Moreover, the top recruiters include IBM, Tata Motors, Flipkart, Amazon, etc.
- Business Analyst
Business Analyst is the most in-demand job in India.
A business analyst analyzes the process, models, & systems of the organization’s operations & procedures to determine its performance. In addition, they can help the company make better decisions & improve its performance.
Business analysis is a gratifying career, with salaries among the highest in the job market. The wages of these professionals range from Rs. 3-16 lakhs annually. However, it increases based on one’s experience & skills, thus making it one of the best careers that pay well in India.
- Product Management
Product management, design, & development are rapidly emerging at the forefront of Indian industries & organizations. The product manager is an integral job role, wherein professionals are responsible for developing strategy, feature definition, marketing, prediction about the products, etc.
Product managers have an eye for detail & possess detailed know-how about the company’s goals associated with product development. A product management degree/ certificate can help you gain the position, wherein you will have an average salary of Rs. 14,00,000 per annum.
Beginners earn around Rs. 7-8 lakhs, while experienced people earn Rs. 17-25 lakhs. However, the top recruiters include Amazon, Google, Flipkart, Salesforce, Uber, Ola, etc.
Final Thoughts!
So, these were the top careers that pay well in India. These career alternatives will help you grow financially & be among one of the most in-demand professionals in the country.
However, it is vital to note that hard work as well as smart work along with passion & attention to detail are the factors that can help one to rise to the top of their profession.
Thus, if you wish to become successful, it’s best to go for some of the top careers that offer not just high pay grades but job satisfaction as well!
Begin from the given list!
If you wish to know more about such careers, make sure to log on to our website RILC Academy. Our counselors are there to help you with your concerns & questions.
Also Read: Top Unusual Careers For Commerce Students
