The relation between jobs and money is often a direct one, as jobs often provide the main source of income for individuals. The amount of money earned in a job can depend on various factors such as skills, experience, location, industry, and demand. Higher-paying jobs often require higher levels of education, experience, and specialized skills. However, it’s important to consider factors beyond salary such as job satisfaction, work-life balance, and career growth opportunities when evaluating a job offer. Money is important for financial security, but a job should also fulfil other personal and professional goals.
Here is the list of the Top 10 highest-paid jobs in India
- Doctor
- Lawyer
- Engineer
- Investment Banker
- Management Consultant
- Software Engineer/Developer
- Investment Manager
- Data Scientist
- Architecture
- Commercial Pilot
Doctor
- Becoming a doctor is a challenging but rewarding career choice. It involves a long period of education and training, including obtaining a medical degree, completing a residency program, and passing licensure exams. Doctors diagnose and treat illnesses, injuries, and diseases, and play a vital role in promoting public health. They work in a variety of settings, including hospitals, clinics, private practices, and public health organizations. They must possess excellent communication, problem-solving, and critical-thinking skills, and be committed to providing high-quality medical care to their patients.
- The average salary of medical professionals in India is about 10 Lakhs per annum. More than 25% of healthcare experts earn around 20 Lakhs per annum. The average salary ranges from ₹ 6,99,142 LPA for a General Physician to ₹11,59,833 LPA for a General Surgeon.
Top employers:
- AIIMS (All India Institute of Medical Sciences)
- Fortis
- Apollo
- Max
Lawyer
- Being a lawyer is a challenging and rewarding career that involves advising and representing individuals, businesses, and government agencies on legal issues and disputes. It requires obtaining a law degree and passing a bar exam, as well as developing skills in legal research, writing, negotiation, and advocacy. Lawyers may specialize in areas such as corporate law, criminal law, family law, intellectual property, and human rights. They may work in private law firms, government agencies, non-profit organizations, or in-house for corporations. In addition to technical knowledge, lawyers must possess strong interpersonal and communication skills, and the ability to think creatively to find solutions to complex legal problems.
- The average annual earnings for a lawyer in India can vary widely, depending on factors such as experience, location, type of employer, and area of speciality. Entry-level lawyers may earn between 5-10 lakhs INR per year, while senior lawyers with several years of experience can earn upwards of 50 lakhs INR or more.
Top employers:
- Private Law Firms
- Government Agencies
- In-house Legal Departments (Corporations)
- Non-profit Organizations
- International Organizations
Engineer
- Engineering is a challenging and diverse field that involves designing, building, and maintaining various products, systems, and structures. Engineers use their knowledge of mathematics, science, and technology to solve practical problems and improve the quality of life. There are many different branches of engineering, including mechanical, electrical, civil, aerospace, chemical, software, and more. To become an engineer, one typically needs to obtain a bachelor’s degree in engineering, complete relevant internships, and pass licensure exams in some states. Engineers may work in research and development, product design, construction, consulting, and other industries. They must be able to work collaboratively with others, communicate complex ideas effectively, and think critically and creatively.
- Fresh graduates in engineering may earn an annual salary of 2-5 lakhs INR, while experienced engineers in senior positions can earn upwards of 15-30 lakhs INR.
Top employers
- IT/Software Companies
- Manufacturing Companies
- Construction and Infrastructure Firms
- Government Agencies and Public Works Departments
- Energy and Utility Companies
Investment Banker as a career
- Investment banking is a fast-paced and competitive field that involves raising capital and providing financial advice to corporations, governments, and other clients. Investment bankers are responsible for underwriting securities, facilitating mergers and acquisitions, and helping clients navigate complex financial markets. They must have a deep understanding of financial markets and the ability to analyze and interpret financial data. To become an investment banker, one typically needs to obtain a bachelor’s degree in finance, economics, or a related field, and complete relevant internships and training programs. Investment bankers typically work for investment banks, commercial banks, or financial services firms and must possess strong analytical, communication, and interpersonal skills.
- Entry-level investment bankers may earn an annual salary of 5-10 lakhs INR, while experienced investment bankers in senior positions can earn upwards of 50 lakhs INR.
Top Employers
- Investment Banks (e.g. Goldman Sachs, JPMorgan Chase)
- Commercial Banks (e.g. HDFC Bank, ICICI Bank)
- Financial Services Firms (e.g. McKinsey, Bain & Company)
- Consulting Firms (e.g. Deloitte, PwC)
- Asset Management Companies (e.g. BlackRock, Fidelity Investments)
Management Consultant
- Management consulting is a professional services industry that focuses on helping organizations improve their performance and solve complex business problems. Management consultants work with clients to identify areas of opportunity and recommend strategies for growth and improvement. They must possess strong analytical, problem-solving, and communication skills, as well as an understanding of a wide range of business and industry issues. To become a management consultant, one typically needs to obtain a bachelor’s degree in a relevant field, such as business, economics, or engineering, and complete relevant internships and training programs. Management consultants may work for large consulting firms, or they may be self-employed. They must be able to work collaboratively with others, communicate complex ideas effectively, and think critically and creatively.
- Entry-level management consultants may earn an annual salary of 5-10 lakhs INR, while experienced consultants in senior positions can earn upwards of 30-50 lakhs INR.
Top Employers
- Management Consulting Firms (e.g. McKinsey & Company, Bain & Company)
- Big Four Accounting Firms (e.g. Deloitte, PwC)
- Investment Banks (e.g. Goldman Sachs, JPMorgan Chase)
- IT/Software Companies (e.g. Infosys, TATA Consultancy Services)
- Government Agencies and Departments
Software Engineer/Developer
- Software engineering/development is a field that involves the design, development, and maintenance of software applications and systems. Software engineers/developers use programming languages and tools to build, test, and refine software products, and they must have a strong understanding of computer science, algorithms, and data structures. They must also be able to work effectively in teams, communicate complex technical concepts, and have strong attention to detail. To become a software engineer/developer, one typically needs to obtain a bachelor’s degree in computer science, software engineering, or a related field, and complete relevant internships and training programs. Software engineers/developers work in a variety of industries, including IT, finance, healthcare, and gaming, and they may work for large corporations, small startups, or as freelancers.
- Entry-level software engineers/developers may earn an annual salary of 4-7 lakhs INR, while experienced engineers/developers in senior positions can earn upwards of 20-50 lakhs INR.
Top Employers
- IT/Software Companies (e.g. TATA Consultancy Services, Infosys, Wipro)
- E-commerce Companies (e.g. Flipkart, Amazon)
- Consulting Firms (e.g. Accenture, Capgemini)
- Financial Services Firms (e.g. Goldman Sachs, JPMorgan Chase)
- Telecommunications Companies (e.g. Airtel, Vodafone)
Investment Manager
- An investment manager is responsible for overseeing and managing investment portfolios for individuals, institutions, or corporations. Investment managers must have a deep understanding of financial markets, investment products, and risk management strategies. They must be able to analyze market trends, assess investment opportunities, and make informed decisions about buying and selling securities. To become an investment manager, one typically needs to obtain a bachelor’s degree in finance, economics, or a related field, and complete relevant internships and training programs. Investment managers may work for large financial institutions, investment firms, or banks, or they may be self-employed. They must be able to think critically and creatively, communicate complex financial concepts effectively, and work effectively under pressure.
- Entry-level investment managers may earn an annual salary of 5-10 lakhs INR, while experienced managers in senior positions can earn upwards of 30-80 lakhs INR
Top Employers
- Asset Management Companies (e.g. HDFC Asset Management Company, Reliance Nippon Life Asset Management)
- Investment Banks (e.g. Goldman Sachs, JPMorgan Chase)
- Mutual Fund Companies (e.g. Franklin Templeton, ICICI Prudential Mutual Fund)
- Insurance Companies (e.g. Life Insurance Corporation of India, HDFC Life)
- Financial Services Firms (e.g. Edelweiss Financial Services, Kotak Securities)
Data Scientist
- A data scientist is a professional who uses statistical and computational methods to extract insights and knowledge from data. Data scientists work with large and complex data sets and use tools such as machine learning algorithms, data visualization techniques, and programming languages to uncover patterns and make predictions. Data scientists may work in a variety of industries, including technology, finance, healthcare, and retail. To become a data scientist, one typically needs to obtain a bachelor’s or master’s degree in a field such as a computer science, mathematics, statistics, or a related field, and have strong problem-solving and analytical skills. Data scientists must be able to communicate their findings effectively, both to technical and non-technical audiences, and must have a deep understanding of both business and technology.
- Entry-level data scientists may earn an annual salary of 6-12 lakhs INR, while experienced data scientists in senior positions can earn upwards of 20-50 lakhs INR
Top Employers
- Technology Companies (e.g. Google, Amazon, Microsoft)
- E-commerce Companies (e.g. Flipkart, Snapdeal, Amazon India)
- IT Services Companies (e.g. TATA Consultancy Services, Infosys, Wipro)
- Analytics and Data Management Firms (e.g. Mu Sigma, Fractal Analytics)
- Banking and Financial Services Companies (e.g. HDFC Bank, ICICI Bank, JPMorgan Chase)
Architecture
- Architecture is the design and planning of buildings and other structures. Architects use their creativity and technical skills to design safe, functional, and aesthetically pleasing structures that meet the needs of their clients. They consider factors such as the site, climate, local building codes and regulations, and the budget to create a design that is both functional and aesthetically appealing. Architects typically hold a professional degree in architecture and may be licensed to practice architecture in their jurisdiction. To become an architect, one typically needs to complete a professional degree in architecture, gain relevant work experience through internships, and pass a licensing exam. In addition to design, architects may also be involved in construction management, contract administration, and other aspects of the building process. Architects often work in architecture firms, but may also work in government agencies, private corporations, or as self-employed consultants.
- Entry-level architects can expect to earn a starting salary of around 4-8 lakhs INR per annum, while more experienced architects in senior positions can earn upwards of 15-30 lakhs INR.
Top Employers
- Architecture Firms
- Real Estate Development Companies
- Construction Companies
- Government Agencies (e.g. Ministry of Housing and Urban Affairs, Public Works Department)
- Engineering Consultants and Contractors
Commercial Pilot
- A commercial pilot is a professional pilot who operates aircraft for commercial purposes, such as transporting passengers or cargo for airlines, corporate flight departments, or other organizations. To become a commercial pilot, one typically needs to complete flight training and obtain a commercial pilot’s license from a governing aviation authority such as the Federal Aviation Administration (FAA) or the Directorate General of Civil Aviation (DGCA) in India.
- The average salary for a commercial pilot in India is around 12-20 lakhs INR per annum.
Top Employers
- Airlines (e.g. Air India, IndiGo, SpiceJet)
- Corporate Flight Departments
- Charter Airlines
- Military (Indian Air Force, Indian Navy)
- General Aviation Companies
