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Highest Paying Jobs in India

Getting the highest-paying job is the dream of every aspirant out there. Over the past few years, the need of the market has changed; where medical was considered the highest paying job, now people realize the worth of other experts as well. 

When choosing a career, one should start by choosing the right education and simplicity. It is an effort to choose a career, and that pays off itself with the effort one has invested in the long run. 

List of the highest-paid jobs in India

Table of Content

  1. Software Architect
  2. Data Scientist
  3. Civil Service
  4. Blockchain Engineer
  5. Medical Services
  6. Investment Banker
  7. Charted Accountant

1.  Software Architect

 Technology has made our life easier and it happens due to software architect who enhances the technology and develop new software programs which run on different platforms and systems.

They usually provide software-related services like coding solutions, creating new web services, providing solutions to software problems, etc. These individuals are hired by the big companies or they start their own firms which provides different services.

Salary 

The average salary for software developers is Rs. 22.9 lakh per annum with an average entry-level starting at approximately Rs.9.7 lakh per year. As with most other jobs, the experience is great, the salary is high, and can include stock options, bonuses, profit sharing commissions, etc.

Education Qualifications

An undergraduate or graduate degree in computer science or any related field. A master’s degree in the same specialized field will be a plus one. Proper knowledge of coding languages like C++, HTML, etc., might be necessary.

2. Data Scientist

Data Scientist is a field of work that requires expertise in the analysis and interpretation of Big Data science. Big Data is a large collection of information/data that cannot be analyzed by traditional data processing techniques.

 It is a technical analyst who works with large amounts of data to solve organizational business challenges. The data scientist is partly a scientist, mathematician, computer scientist, and mathematician.

Salary 

The average salary of a data scientist based on current estimates of Rs. 8.5 lakh per year. Certified data scientists are paid between Rs. 3.4 lakh to Rs. 12 lakh per year as their foundation even without much experience. With experience, the salary is higher and can range from Rs. 60 lakh to Rs. 70 lakh per year making this one of the highest-paid IT jobs in India.

Education Qualification

A master’s degree would be preferable for the role of a data scientist. Students having experience with different coding languages will be a plus point for the students. Languages like Python, SQL, Tableau, etc., are essential.

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3. Civil Services

 Indian Civil Services is one of the most respected services in the Indian subcontinent. The job promises not only the highest paying jobs in India but also job security and value in terms of how people view government employees. The three main categories – IAS – Indian Administrative Services, IFS – Indian Foreign Services & IPS – Indian Police Services can be selected under the public service.

Salary

The average salary of an IAS/IPS/IFS is between 56k to 2.5 lakh per month and besides the salary, they also get House Renting Allowance, Travelling Allowance, and Dearance Allowance.

Education Qualification

Minimum graduation is a must to be eligible for the UPSC examination. After graduation it is essential to crack the UPSC examination, without it you’ll not be eligible for the position.

4. Blockchain Engineering

Due to the lack of experienced professionals, organizations provide a good salary for the required skills. The growing and growing demand is making ML professionals stay in one of India’s highest-paid jobs as professionals. The salary range is in the middle of the next grade

Salary

The starting salary of a blockchain developer is between 3-5 lakhs per annum and the highest salary of a blockchain developer can go up to 45-50 lakhs per annum.

Education Qualification

Minimum Bachelor’s degree is required in computer science or any other field which might be related to it. A master’s degree within the same specialization will be a plus point in the field.

5. Medical services

Doctors are often seen in their private practice and come with a lot of responsibility and ownership of cases. It also means running the show alone and keeping clinics and salaries running.

Doctors involved in the work in public or private hospitals also earn a living wage according to their expertise. Many public and private hospitals bring in a specialist and pay them well as these specialists bring great benefits to the type of hospital.

Salary

The minimum salary of a doctor is 25k per month in government hospitals and 35k per month in private hospitals. There is no limit on the salary of doctors in private hospitals.

Education Qualification

The qualifications is to get an mbbs degree in your specialized field and graduated from a good medical college.

6. Investment Banker

 We’ve heard a lot about this career profile, and we’ve seen a lot of Hollywood & Bollywood actors playing this role. One of the highest-paid services in the world, an investment bank helps its client (bank or company) to invest wisely in order to get the highest return. It has always been one of the best jobs in India, and dealing with money – yours and others – is a dream come true.

Salary

The pay scale for beginners for an investment banker is 10-12 lakh per annum. It can go from 4-40 lakh per annum. 

Education Qualification

They must have a bachelor’s degree in finance/mathematics/economics or any related field in the specialized area. The holder of a master’s degree will have the upper hand.

7.  CA

 Chartered Accountants (CA) are members of ICAI (Institute of Chartered Accountants of India) which is the only accounting firm in the country. There is a great need for CAs in the country but also a huge shortage which makes this work very profitable. From small firms to large companies, the need for CA is everywhere.

Salary

The minimum average salary of a CA aspirant is 8 lakh per annum and the salary can go up to 16-20 lakhs per annum according to your experience. 

Education Qualification

Commerce graduate and postgraduate with a minimum percentage of 55% with an intermediate passed student, ICAI. Graduates and postgrads from different specializations can also opt for the examination but the minimum aggregate marks would be 60% for them.

You can also explore: Is Money An Obstacle Or Hurdle Between Quality Education And Meritorious Students?

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