Career Advice

2020 Highest Paying Jobs in India for Freshers & Experienced9 min read

December 10, 2019 6 min read
high paying jobs in india

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2020 Highest Paying Jobs in India for Freshers & Experienced9 min read

Read­ing Time: 6 min­utes

Got Stuck? Want a big­ger pay­check? Do you feel like you’re sleep­walk­ing through life with no real idea of what you want? In this guide, you can dis­cov­er a list of high pay­ing jobs in India.

India is com­pet­ing to be a glob­al econ­o­my. There­fore, the Gov­ern­ment of India has come up with an ambi­tious goal. They have laid a foun­da­tion for young grad­u­ates to land into the high­est pay­ing jobs.

Fresh­ers, are you look­ing for a job oppor­tu­ni­ty? Click here to find the most promis­ing jobs in the indus­try.

Here is a list of High Paying Jobs in India:

1. Commercial Pilots: 

There is a tremen­dous career growth for can­di­dates who have always had a dream to fly around the world. Hence, this job attracts many young­sters to make a career in it. In fact, a com­mer­cial Pilot job is the high­est pay­ing job in India. So to con­sid­er this job, you must have a well-cul­ti­vat­ed mind for tak­ing up this chal­leng­ing job.

This is a chal­leng­ing job that demands hard work, calm­ness, lead­er­ship, abil­i­ty to under­stand tech­ni­cal infor­ma­tion, clear com­mu­ni­ca­tion, prob­lem-solv­ing skills, etc.

Qualification: 

You first have to obtain PPL (Pri­vate Pilot License) and after that, you can get the CPL (Com­mer­cial Pilot License).

Package:

The start­ing pack­age of a com­mer­cial pilot is up to rupees 1.5L per month & at a senior lev­el, you can earn around Rs 5 lakh per month.

Click here to know more about “How to Become A Pilot

2. Doctors/Medical Professionals:

In India, there is an old say­ing that doc­tors are sec­ond to god on this earth. It is a pro­fes­sion in the world that gets the utmost respect. Physi­cians are the ones who diag­nose a patient and pre­scribes med­i­cines and treat­ment for the dis­ease, while sur­geons per­form oper­a­tions.

To begin your career as a doc­tor you must have patience, com­pas­sion, con­cen­tra­tion, emo­tion­al strength, as well as an eye for detail.

Qualification: 

To become a doc­tor you have to sink your teeth into prac­tic­ing med­i­cine. You have to take physics, chem­istry as well as bio in 12th stan­dard. Then for grad­u­a­tion, you have to clear the entry-lev­el exam of NEET-UG, NEET-PG, AIIMS Med­ical entrance exam.

Package: 

The field of med­i­cine is very com­pet­i­tive, how­ev­er, it is one of the high pay­ing jobs in India. But the salary of a doc­tor depends on numer­ous fac­tors such as doc­tor’s earn­ing poten­tial, includ­ing spe­cial­iza­tion, edu­ca­tion, as well as loca­tion. On aver­age, the salary ranges from 1.20 to 1. 5 L per month.

3. Merchant Navy: 

If you do not like the idea of work­ing on a desk from 9 to 5 and have a desire for a high salary than the mer­chant navy is the best option. For this, a per­son who has an adven­tur­ous mind and loves to trav­el and explore then than he/she will be a great fit for this oppor­tu­ni­ty.

Your job pro­file will include trans­port­ing goods from one place to anoth­er and 90% of your trav­el­ing will be over the sea. This job is the back­bone of inter­na­tion­al trade and one of the high pay­ing jobs in India, car­ry­ing car­go across the world.

Qualification: 

The eli­gi­bil­i­ty for join­ing the mer­chant navy is fin­ish­ing class 12th with Physics, Chem­istry & Maths. The inter­est­ed can­di­dates can appear for the Indi­an Mar­itime Uni­ver­si­ty Com­mon Entrance Test (IMU CET) or the All India Mer­chant Navy Entrance Exam. The oth­er exams for Marine Engi­neer­ing are JEE, MERI Entrance Exam, TIMSAT.

Package: 

In the Mer­chant Navy, the salary range is from 12,000–8L rupees per month, the pay struc­ture depends upon the city to city, export-import needs, senior­i­ty, etc. All offi­cers, as well as crew mem­bers, have access to free meals & the offi­cers can take along their wives.

4. Chartered Accountants: 

Char­tered Accoun­tant Job is the core of all types of busi­ness­es. The role of a char­tered accoun­tant is to give advice, audit the accounts and pro­vide trust­wor­thy infor­ma­tion about finan­cial records.

This might involve finan­cial report­ing, tax­a­tion, audit­ing, foren­sic account­ing, cor­po­rate finance, busi­ness recov­ery, and insol­ven­cy, or account­ing sys­tems and process­es.

Skills required to become a CA, dis­ci­pline, ana­lyt­i­cal skills, com­mu­ni­ca­tion skills, eth­i­cal val­ues, abil­i­ty to take stress, etc.

Qualification: 

It is not easy to study for CA, it involves study­ing volu­mi­nous books, under­stand­ing var­i­ous kinds of tax­es, account the­o­ry & prac­tices. You have to com­plete your high­er sec­ondary cer­tifi­cate with a Char­tered Accoun­tan­cy cer­tifi­cate from the Insti­tute of Char­tered Accoun­tants of India (ICAI).

Package: 

CA’s are always in demand, the aver­age salary ranges from 6 lakhs to 30 Lakhs.

5. Civil Services: 

In a democ­ra­cy, civ­il ser­vices play a vital role in the admin­is­tra­tion, pol­i­cy for­mu­la­tion and imple­men­ta­tion, and in tak­ing the coun­try for­ward towards progress and devel­op­ment. It will take your blood, sweat & tears to become a civ­il ser­vant.

There are dif­fer­ent roles in civ­il ser­vices: Indi­an Admin­is­tra­tive Services(IAS), Indi­an For­eign Services(IFS), Indi­an Police Services(IPS), Indi­an Rev­enue Services(IRS).

Qualification: 

For this, you must be a cit­i­zen of India, the age lim­it is 21–30 years. Entry to the IAS, IPS and the Cen­tral Ser­vices is through the com­bined com­pet­i­tive exam­i­na­tion for the Civ­il Ser­vices. Recruit­ment to the Indi­an For­est Ser­vice is through a sep­a­rate exam­i­na­tion.

The Com­pet­i­tive Exam­i­na­tion takes place in three stages-

Stage1: Pre­lims, it is a writ­ten exam­i­na­tion that con­sists of two papers both in the objec­tive for­mat. Stage2: Main Exam­i­na­tion, is the sub­jec­tive or essay type exam which includes nine papers. Stage3: Per­son­al­i­ty test, it is the most com­pet­i­tive around and the can­di­dates are select­ed in a ratio of 1:2.

Package: 

The basic per month salary of civ­il ser­vants start with 50,000+ & goes up to 2,50,000. Once you’ve been select­ed to be a part of the gov­ern­ment team, you’ll have access to health care ben­e­fits, retire­ment ben­e­fits, and many oth­er ben­e­fits.

6. Software Engineer:

Soft­ware Engi­neer is one of the most in-demand pro­fes­sion­al fields in India. The role of a soft­ware engi­neer is to devel­op and build com­put­er sys­tem soft­ware and appli­ca­tion soft­ware. It requires pri­or knowl­edge of pro­gram­ming knowl­edge, soft­ware devel­op­ment, and com­put­er oper­at­ing sys­tems.

Skills required to become a com­put­er sci­ence engi­neer or a soft­ware devel­op­er are orga­ni­za­tion­al skills, project man­age­ment, crit­i­cal think­ing, and deci­sion mak­ing.

Qualification: 

Soft­ware Devel­op­ers usu­al­ly have a bach­e­lor’s degree in com­put­er and strong com­put­er pro­gram­ming skills. In Inter­views, you will often be asked about data struc­tures and algo­rithms, so the the­o­ret­i­cal knowl­edge pro­vid­ed by a tra­di­tion­al col­lege degree is a must.

Package: 

The pack­age of a soft­ware engi­neer depends on the col­lege and the com­pa­ny you are talk­ing about. In India, the salary of a soft­ware devel­op­er goes as low as 2.5L per annum to over 30L  per annum. It depends on the kind and the extent to which you have mas­tered com­put­er pro­gram­ming skills.

If you look at the place­ment records of IIT of CSE branch it has an aver­age pack­age of around 15 lakhs per annum and the high­est of 1 crore.

7. Cricketer

Crick­et is a game that is enjoyed world­wide by ama­teurs and pro­fes­sion­als alike. If you’ve always been inter­est­ed in this field then you have to hit a home run before tast­ing suc­cess.

Qualification: 

Crick­et play­ers are advis­able to join the crick­et acad­e­my at a younger age. So you can get good train­ing and take your skills to the next lev­el. The suc­cess of a crick­eter depends on an acad­e­my, coach, and men­tor.

Package: 

This field has the high­est salary in India, the play­ers who are of Grade A receives Rs. 2 crores annu­al­ly, play­ers from Grade B and C receives 50 lakh.

8. Actors: 

The job role of an actor is to por­tray a char­ac­ter in a movie, play, tele­vi­sion show, the­ater pro­duc­tion, etc. For this, you must have an abil­i­ty to mem­o­rize lines, good screen or vocal pres­ence and a good under­stand­ing of dra­mat­ic tech­niques.

Qualification: 

There is no edu­ca­tion required to become an actor and still, it is a high pay­ing job in India. You will sure­ly get a ben­e­fit if you have a bach­e­lor’s degree in the­ater arts, dra­ma, act­ing. Act­ing school is not a must to become an actor it is some­thing that comes from with­in. For this, you need expe­ri­ence, cre­ativ­i­ty, per­se­ver­ance.

Package: 

The aver­age salary for an Actor is 20,000 Rupees per month in India and as you get expe­ri­ence and expo­sure you can earn in crores.

9. Management Specialists: 

Man­age­ment Spe­cial­ists are MBA grad­u­ates with a pro­fes­sion­al role in areas like Mar­ket­ing, Finance, Human Resources, Oper­a­tions, as well as Logis­tics.

Qualification: 

The most sought after career is an MBA, one of the top-pay­ing careers today. You can pre­pare your­self for entrance exams like CAT/XAT/CMAT/MAT/NMAT/SNAP & some of the pop­u­lar region­al entrance exams like MAH-MBA/MMS-CET.

Learn about MBA from Top Busi­ness Schools

Package: 

If you have com­plet­ed your MBA from IIMs, FMS, ISB or XLRI than as a fresh­er start­ing pack­age can be up to 8–10 Lakh per annum. IIM offers the high­est pack­age of INR 1 crore per annum.

10. Investment Bankers: 

Invest­ment Bankers are not nor­mal bankers who work for pri­vate or gov­ern­ment banks. These bankers have degrees relat­ed to account­ing, busi­ness, finance, eco­nom­ics, maths, sta­tis­tics as well as engi­neer­ing. The can­di­dates who are good in num­bers have good ana­lyt­i­cal and com­mu­ni­ca­tion skills are much val­ued by recruiters.

Qualification: 

A bachelor’s degree is a min­i­mum require­ment to become an invest­ment banker. For this, you must have a com­pet­i­tive mind, sol­id in reading/writing maths, good aca­d­e­m­ic cre­den­tials

More­over, after grad­u­at­ing with a bach­e­lor’s degree, it is pos­si­ble to begin work­ing in the field as an invest­ment banker or after com­plet­ing your MBA from top busi­ness schools.

Package: 

Com­pa­nies like Gold­man Sachs, JPMor­gan Chase, Mor­gan Stan­ley, etc hire grad­u­ates hav­ing degrees like- MBA, Eco­nom­ics, Sta­tis­tics, Engi­neer­ing, etc. The aver­age salary of an invest­ment banker in India is 10 to 25 lakhs per annum depend­ing on the insti­tute you are passed out from.

Search All Cur­rent & Upcom­ing Jobs. Click here to find over 4 Lakh+ Job Post­ings in India.

Bottom Line: 

As you can see, above is a list of High Pay­ing Jobs in India and all it requires are some spe­cial skills or qual­i­fi­ca­tions. Just remem­ber that for each job, you will require superb skills as well as excel­lent own­er­ship that comes with expe­ri­ence.

More impor­tant­ly, you need to know your strengths, weak­ness­es, as well as inter­ests. You have to choose some­thing that excites you. Since your first job has a greater impact on your career, you should find one where you can uti­lize your strength & inter­est. You need to give your­self some time. The per­son who can uti­lize the avail­able resources effec­tive­ly often land into the high­est salary jobs.

So start work­ing towards your goal. All the best!

Disclaimer: 

This arti­cle includes advice for gen­er­al infor­ma­tion only.

Anshi Agarwal is a Computer Science Engineer. She is specialized in Digital Marketing. She loves to do research & write content that is focused on Career, as well as, Job Search.