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8 Highest Paying Jobs in India
Authored by : Mairaj Poke | Updated on May 12, 2023
Students and their parents invest lakhs of rupees in their education. This is done for two main reasons: firstly, for getting qualitative education, and secondly, for landing the top-paid jobs in India. After all, who does want to thrive, career-wise? Not only does it give you a societal stature, but it also helps you fulfill your dreams. From the macro point of view, such valuable jobs also help the country grow and develop. Are you looking to get the best jobs in India? These jobs might be hard to get as they require specialized degrees and educational backgrounds. So before you make a life-changing decision, we have compiled a list of the highest-paying jobs for your convenience. The following is the list of the top 8 highest paying jobs in India:
1. Marketing Manager
A marketing manager is somebody a company or business relies on for promoting their product, or service while creating impactful and promising brand awareness. Some of the skills required are communication, data analysis, innovation, etc. A marketing manager handles 360-degree branding and a holistic marketing strategy for the organization.
Salary:
According to Pay Scale, marketing managers can earn ₹302k – ₹2m, making it one of the best jobs in India.
Educational Qualifications:
Bachelor’s degree in marketing, business, communications, or any other related field.
A master’s degree would be preferable to some companies. Due to its high demand, it is one of the highest-paying jobs in India.
Job Profile and Responsibilities:
A marketing manager is responsible for planning, managing, and executing the company’s marketing strategy. Market research and in-depth analysis are required.
Diligence and attentiveness are pre-requisite for overseeing the promotion of the marketing campaigns.
Such an exciting field of work with a high pay scale makes it one of the best jobs in India.
2. Investment Banker
An investment banker assists companies or individuals in raising capital. This job requires the candidates to have a strong eye for numbers backed with analytical thinking. The investment banker also handles the IPO process of the company. These professionals also participate in the merger and acquisition of a company. Investment advisors can provide consultations to organizations and governments.
Salary:
According to Pay Scale, the salary of an investment banker can range from ₹942k – ₹7m. This makes it one of the highest-paying jobs in India.
Educational Qualifications:
As this is one of the best jobs in India, you will need one of the following degrees:
- a) Bachelor of Commerce (B.Com) Hons.
- b) Bachelor of Arts (BA) in Finance / Economics
- c) Bachelor of Business Administration (BBA) in Finance
- d) Chartered Financial Analyst (CFA) Programmer
Job Profile and Responsibilities:
They have to study and develop several financial models to value equity and debt for capital-raising transactions.
They have to develop recommendations for product offerings, mergers and acquisitions, private equity transactions, and valuations.
Such responsibilities are backed with exponential returns, making it one of the best jobs in India for a secure future.
3. Chartered Accountant
An investment banker assists companies or individuals in raising capital. This job requires the candidates to have a strong eye for numbers backed with analytical thinking. The investment banker also handles the IPO process of the company. These professionals also participate in the merger and acquisition of a company. Investment advisors can provide consultations to organizations and governments.
Salary:
According to Pay Scale, the salary of an investment banker can range from ₹942k – ₹7m. This makes it one of the highest-paying jobs in India.
Educational Qualifications:
As this is one of the best jobs in India, you will need one of the following degrees:
- a) Bachelor of Commerce (B.Com) Hons.
- b) Bachelor of Arts (BA) in Finance / Economics
- c) Bachelor of Business Administration (BBA) in Finance
- d) Chartered Financial Analyst (CFA) Programmer
Job Profile and Responsibilities:
They have to study and develop several financial models to value equity and debt for capital-raising transactions.
They have to develop recommendations for product offerings, mergers and acquisitions, private equity transactions, and valuations.
Such responsibilities are backed with exponential returns, making it one of the best jobs in India for a secure future.
4. Medical Professionals
Being a medical professional is highly respected in society. As you stand responsible for a person’s well-being in times of medical emergencies, you need to have empathy as well as a hold on time and stress management.
Salary:
On average, medical professionals earn Rs. 10 lakh pa in India. This can increase according to the healthcare stream, making it one of the best jobs in India as well as one of the highest-paying jobs in India.
Educational Qualifications:
M.B.B.S degree from MCI, M.D/M.s or M.sc in Medicine
Job Profile and Responsibilities:
They check and maintain the health of the population. Along with checking up on the patients, performing crucial surgeries, and preventing diseases, they have their research work that works for the betterment of society’s health. As they have a very high responsibility, this is one of the highest-paying jobs in India.
5. IT Professional
An IT professional manages a wide range of computer networks of computer systems. They are hired by companies to build, repair, and test hardware and software. A software IT professional is adept in coding and testing. An IT professional also helps in developing websites and mobile apps. They are the backbone of every organization. Whenever there is a technical requirement, an IT professional is a go-to professional.
Salary:
Being in the IT sector is one of the best-paid jobs in India, where the candidates can earn ₹337k – ₹1909k.
Educational Qualifications:
Bachelor’s degree (BE or B. Tech) in IT or computer science.
Job Profile and Responsibilities:
The candidate will have to provide user support while installing and configuring networks.
They are also required to troubleshoot systems and manage information and data security. There is a high scope of growth in the IT sector, making it one of the best jobs in India.
6. Business Analyst
The business analyst is always in demand as they are required by businesses and companies to analyze their growth. This is necessary for the profitable and stable future of the company in question. A Business Analyst is vital for a company’s growth. He/she helps the organization to improve its product/service, processes, and software by leveraging data analysis. He/she also bridges the gap between IT and business.
Salary:
The candidates can earn around INR 274k – Rs 1 million with a quick scope of growth, making it one of the highest-paying jobs in India.
Educational Qualifications:
A graduation degree in any field with strong knowledge of SQL and other programming languages.
Job Profile and Responsibilities:
Working to improve the business processes and systems. Conducting research and analysis to solve business issues. As it directly affects the profitability of a business, it is one of the best jobs in India.
7. Digital Marketing Head
Digital marketing is the need of the hour as more and more companies try to establish a strong online presence. From SEO to paid media and Social Media Marketing, a digital marketing head takes care of every growth channel. He/she should take care of the online reputation and at the same time have an eye on revenue growth. ROI is one of the key KPIs of a Digital Marketer.
Salary:
A digital marketing head earns INR 10-40 lakh per annum, making it one of the highest-paying jobs in India.
Educational Qualifications:
No fixed graduation degree. Several companies offer digital marketing education as certification and diploma courses. Even without the requirement of a degree, this is one of the highest-paying jobs in India.
Job Profile and Responsibilities:
Responsible for planning and implementing a digital marketing strategy for companies and businesses. They have to manage the team and its affiliated sectors. As it has a high scope in present times and the future, it is one of the best jobs in India.
8. Cyber Security Professionals
Cybersecurity professionals are responsible for protecting networks, data, IT infrastructure, etc. For this, technical aptitude is a prerequisite. Cyber security professionals monitor and manage illegal intrusions. They are the heroes of the stability of the internet. They are at the forefront of everything related to information security.
Salary:
Cyber Security Professionals earn INR 304k – INR 1 million, making it one of the best jobs in India.
Educational Qualifications:
A bachelor’s degree or a degree in cybersecurity
Job Profile and Responsibilities:
Building security in software systems and data centers. Building firewalls for data security in network infrastructures.
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