A good salary is a good motivator for the candidates looking out for a job. The candidates not only look for a good job but also one that provides enough rewards and financial benefits with the passing of time. We have compiled a list of top 10 highest paying jobs in 2020 in India. However, one must keep in mind that the salary of the individuals will depend on the experience, knowledge and their on-field training level.
10 Highest paid jobs in India post-pandemic
1. Doctors
It has been found that 25 percent of medical professionals earn an annual package of 20 lakhs per annum. The average salary of a general physician is Rs 6 lakhs while that of a surgeon is Rs 10 lakhs. Specialization stream also determines the salary of the individuals. Dentistry, pharmacy, optometry are some of the traditional specializations and alongside many new specializations have also emerged.
Doctors can find employment in both private and government hospitals and nursing homes. Due to the huge population in the country, there is always a demand for good medical professionals.
Education
A candidate needs to complete an MBBS degree for becoming a doctor. This is the minimal degree required by a candidate. Specialization degree includes MD and MS and many others.
Top employers
- Apollo
- Fortis
- Columbia Asia
- Max
- AIIMS
2. Data scientist
This is a new career option and a candidate in this field can earn between Rs 4-12 lakhs with limited or no work experience. Since everything in the world is now based on data, precision and expertise in this field is required.
Education
- Graduates with no knowledge in programming
- Engineers with BE/BTech background and coding knowledge
Top employers
- Walmart Labs
- Amazon
- Procter & Gamble
- GreyAtom
- People Interactive
3. Machine Learning Experts
Machine Learning is a branch of Artificial Intelligence that is incorporated across various industries. The average a machine learning engineer earns in India is Rs 6 lakhs. Even engineers with one year experience can earn Rs 5 lakh per annum. Bangalore is known as the Silicon Valley of India and most of the jobs in this field are found here.
Education
B. Tech or B.E in data Science/ Mathematics/ Statistics/ Information Technology is preferred. Higher degrees in relevant field are also preferred.
Top employers
- Accenture
- IBM
- ITC Infotech
- Zycus
- Quantiphi
4. Blockchain Developer
The average salary of the Blockchain developer is Rs 8 lakhs in India. There is a lack of professionals in this field and therefore the companies offer handsome packages to the individuals in this field.
Education
B. Tech/B.E. in Mathematics/ Computer Science/ Statistics/IT is required. Having prior coding experience in languages like C, C++, Python, Java is also helpful.
Top employers
- Signzy
- Auxesis
- Primchain
- SoluLab
- OpenXcell
- MindDeft
5. Full Stack Software Developer
The full stack software developer at the entry level earns about Rs 4 lakhs. With 5 to 9 years experience, one can earn Rs 13 lakhs per annum. A projected 3 million jobs in this field will be available by 2025.
Education
One needs to have a Bachelor’s degree, B. Tech or B. E. in IT/ Computer Science. Having knowledge of languages like Java, Python, C, Ruby and others is also helpful.
Top Employers
- IBM
- Barclays
- Siemens
- Dell
- E2logy
- Simpalm
6. Product management
The average salary that a product manager can get is Rs 14 lakhs. Even freshers can earn Rs 7-8 lakhs in this field. Every company is concentrating on customer centric approach. Hence there is a growing need for good product design, management and development. Product management is a growing field and there will be demand for product managers in the coming days.
Education
One needs to have Bachelors Degree in Business Administration or in related fields like Marketing, Public Relations, Advertising, Communications, Economics and so on.
Top Employers
- Microsoft
- Flipkart
- Amazon
- Salesforce
- Ola
- Uber
7. Management Consultant
The average pay package of a management consultant in India is Rs 11 lakhs. Even entry level consultants get Rs 6-7 lakhs per annum. This field is growing at 30 percent per annum. There are 10000 consulting firms in the country.
Education
The candidate must have a Bachelors or Masters degree in Business fields. Candidates from all fields can enter this profession. However, having some background in Economics, Accounting, Finance helps a lot.
Top Employers
- Accenture
- PwC
- Deloitte
- Ernst & Young
- KPMG
8. Investment banker
An investment banker helps his client to invest their money in the best way possible to get the maximum returns. The average pay packet of investment bankers in India is between Rs 4 to 40 lakhs per annum.
Education
Having a Bachelors Degree in Economics/ Finance/ Business Administration/ Mathematics or related subjects is required. Having a Masters Degree in these subjects is even better.
Top Employers
- Goldman Sachs
- Citibank
- JP Morgan Chase
- HSBC
- IDBI Capital
- Axis Capital Ltd
9. Chartered Accountant
The salary of a chartered accountant starts from Rs 6-7 lakhs and depending on the experience it can go up. The number of taypaying individuals is on the rise in India and there is a demand for Chartered Accountants in the country.
Education
A graduate in commerce stream with 55percent marks can pursue the course. Graduates and post-graduates from other disciplines can also pursue ICAI’s CA course.
Top employers
- Ernst & Young
- KPMG
- Standard Chartered
- Deloitte
- BDO Internationa
10. Marketing manager
Marketing is one of the fundamentals needed in every business. Due to the rapid digitization, there is a huge growth in the marketing industry. This has led to the demand for marketing managers. The entry level salary of a Marketing Manager in India is Rs 4-6 lakhs. Experienced individuals in this field earn Rs 15-22 lakhs yearly.
Education
Having a Bachelors degree in Marketing Management or Business Administration is required. Candidates from other fields like Finance, Accounting, Economics, Statistics, and Law can also enter this field. Individuals with MBA degree are also preferred.
Top employers
- IBM
- Flipkart
- TCS
- Amazon
- Airtel
- Tata Motors
- Vodafone
The chance to get a high paying job exists in every sector. It depends on your qualifications, experience level and your working abilities as to how much you will earn.
Read also : How will you Choose New Jobs for Better Career in India?
