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 Top 10 Highest Paying Jobs in India

here are the list of top 10 most money making jobs in India

1. Software Architect

Technology and the internet have made our lives easier, and software development is one of the key reasons for this. As a result, a career in this industry is extremely profitable. Software architects primarily provide software solutions and do activities such as coding, developing new online services, and implementing software solutions, among other things. These individuals are either employed by huge corporations or have the option of starting their own business, and they will be responsible for developing effective software solutions.

Pay Scale

Software architects earn an average of Rs. 22,91,934 per year, with entry-level salaries starting at roughly Rs.9.7 lakh per year. As with most other occupations, the more experience you have, the better your income, which may include stock options, bonuses, profit sharing commissions, and other perks.

Educational Qualification

A bachelor's degree in computer science or a closely related subject may be required. A master's degree in a related discipline will also help. An extra advantage is familiarity with or knowledge of operating systems such as HTML, JavaScript, C++, and so on.

2. Solutions Architect

If you enjoy designing and constructing new systems to assist in the smooth operation of a business, as well as detecting problems and providing solutions, becoming a solutions architect is the appropriate career path for you.

These specialists are responsible for developing, designing, and implementing various business arrangements. In essence, a solutions architect will assist in the translation of corporate objectives and goals into actual, tangible measures.

This career has a wide range of opportunities, including work in business development, management, quality assurance, mentoring, and more.

Pay Scale

A solutions architect's average yearly income is Rs. 19,66,764, while a fresher's base annual compensation is typically about Rs. 5 lakh. With over 20 years of expertise, the annual income might reach Rs. 26 lakh per annum.

Educational Qualification

It is necessary to have a bachelor's degree in computer science, software engineering, or information technology. It's also critical to be innovative while still have strong leadership and problem-solving abilities.

It is also necessary to remain up to date on the latest software and technology.

3. Commercial Pilot

Because flying is not an option, becoming a pilot is the next best thing. For many, going to new countries and experiencing the finest that the world has to offer is a dream come true. Being a pilot, especially a commercial pilot, comes with a slew of benefits. In addition to flying the plane, a commercial pilot must guarantee that all flight operations are carried out safely, including pre-flight checks, adherence to aviation laws, and safe operation of the plane.

Pay Scale

A commercial pilot's average base wage is currently Rs. 17, 89, 958 per year. An entry-level compensation for a pilot with less than one year of experience is around Rs. 15 lakh per year, including bonuses, overtime pay, and other benefits. This compensation might rise to Rs. 50 lakh per year with experience.

Educational Qualification

Candidates should have a bachelor's degree in a relevant field, ideally in a science-related field such as physics or mathematics. Individuals must also possess a Commercial Pilot License from a reputable institution, as well as other licences such as Airline Transport Pilot Licenses.

Commercial pilots must also be in good physical condition and pass all needed medical exams.

4. Product Manager

A Software Product Manager is one of the most rewarding career opportunities available today. While product managers work in a variety of departments and industries, a software product manager oversees the development of a software product.

Coordinating across numerous teams to ensure that the product is working at its best, formulating business plans to optimise the product's development, and resolving any issues that arise are all possible responsibilities.

Product managers may also be required to meet with consumers (both potential and current) to ensure that the product satisfies their needs. They will also collaborate with the marketing department to accurately present the product to customers.

Pay Scale

Another allure for people interested in this career is the excellent pay scale. A software product manager's average annual pay is Rs. 17,41,148, with a starting salary of roughly Rs. 9 lakh. As with other chances, the more experience you have, the higher your income will be.

Educational Qualification

Candidates must hold a bachelor's degree in computer science or a closely related subject. It's also a plus if you've had previous management experience. Certifications in the industry or additional software skills may be required.

5. Investment Manager

An investment manager's principal responsibility is to safeguard their clients' financial assets. They also serve as brokers/advisors, assisting their clients in investing their money in a potentially profitable market at the optimal time to optimise returns.

Apart from that, investment bankers assist with mergers and acquisitions, perform research, and serve as financial advisors to businesses. They must also monitor investment performance and settle transactions, as well as buy and sell securities on behalf of their clients.

The demand for professional investment managers is on the rise, and it is predicted to grow rapidly as new financial companies enter the market.

Pay Scale

Investment banking is one of the most lucrative occupations in the country today, with one of the highest average earnings in the market of Rs.14,24,311 per annum. Entrants can expect to earn between Rs. 5 lakh and Rs. 21 lakh per year, with the possibility of earning up to Rs. 40 lakh per year with expertise.

Educational Qualification

A bachelor's or master's degree in finance, accounting, or economics is strongly advised. Many hopefuls nowadays pursue specialised advanced certificates or a master's degree. It is also necessary to have great research and analytical skills, as well as experience in statistics and arithmetic and decent communication skills.

6. Management Consultant

Management consulting is the appropriate career for you if you enjoy helping your organisation improve its performance and solve challenges while optimising growth. These professionals assist their clients in growing their businesses and resolving challenges, as well as dealing with corporate operations and management, structure, and strategy.

The current yearly growth rate for the Management Consulting industry is over 30%, and the industry is growing at a global rate of 4.1 percent. By the end of 2020, the Indian Management Consulting Industry is expected to produce Rs. 27,000 crore in revenue.

Pay Scale

Management consultants earn an average of Rs. 11,94,834 per year. Freshers can expect to earn between Rs. 6 lakh and Rs. 7 lakh per year, while those with more experience can expect to earn between Rs. 11 lakh and Rs. 23 lakh per year, making this one of India's highest paying jobs.

Educational Qualification

Any business subject requires a Bachelor's or Master's degree. While specialist courses are offered for graduates, anyone with a background in Economics, Finance, or Accounting can work as management consultants.

7. Business Manager

A company manager is a job that is in high demand nowadays. A lot of firms are looking for talented people who can bear the job of ensuring that the company's operations function properly these days. These managers will collaborate closely with different divisions to ensure that the company runs smoothly.

A business manager's responsibilities include arranging workflow, delegating tasks, coordinating teams and departments, and executing plans. Their responsibilities also include expense management and the preparation of reports depending on the company's performance.

Pay Scale

A business manager's average annual income is currently Rs. 8,81,059 in India. Starting salaries for freshers can range from Rs. 3 lakh to Rs. 4 lakh per year, with experience increasing this to anywhere between Rs. 12 lakh and Rs. 20 lakh per year. Bonuses, extra pay, stock options, and other forms of compensation are all possible.

Educational Qualification

A bachelor's degree in a comparable field, such as business studies or accounting, is necessary. An MBA from a reputable university is also a significant plus.

8. Data Scientist

Data scientists are essentially analytic professionals who employ social science and technology to discover and manage data patterns. They look at raw data and come up with answers to a variety of business issues.

Data scientists also assist in the development of bespoke statistical models and algorithms depending on end-user behaviour.

Pay Scale

According to current forecasts, the average income for a data scientist is Rs. 8,54,985 per year.

Even without much experience, certified data scientists can expect to get paid between Rs. 3.45 lakh and Rs. 12 lakh per year. The higher the level of experience, the higher the income, which can range between Rs. 60 lakh and Rs. 70 lakh per year, making this one of India's highest-paying IT professions.

Educational Qualification

While no specific qualifications are required, engineers (BE/BTech) or grads with a data science degree or certification will have a distinct edge.

Additionally, having a working grasp of basic programming languages like Python and SQL is advantageous.

9. Chartered Accountant

Chartered Accountants (CAs) are members of the Institute of Chartered Accountants of India (ICAI), the country's only national accounting organisation. CAs are in high demand in the country, but there is also a severe shortage, making this a lucrative job. The necessity for a CA can be found in small businesses as well as major organisations.

Furthermore, this is a position that has a high level of job security and is continually in demand. Some of the country's top recruiters for CAs include Standard Chartered, BHEL, and Citibank.

Pay Scale

CAs currently earn an average of Rs. 8,04,292 per year, with salaries ranging from Rs. 16 lakh to Rs. 20 lakh per year based on experience. The more experience you have, the more money you'll make.

Educational Qualification

Students of the Institute of Company Secretaries of India and Institute of Cost Accountants of India who have passed the intermediate level can apply. Commerce graduates and postgraduates with a minimum percentage of 55 percent or students of the Institute of Company Secretaries of India and Institute of Cost Accountants of India who have passed the intermediate level can apply. These tests are notoriously difficult to pass and necessitate discipline and dedication.

10. Doctor/Physician

A doctor/medical practitioner is one career that has stood the test of time in terms of dignity as well as monetary benefits.

A doctor might operate alone or in a hospital and treats a wide range of health conditions. A doctor can specialise in a variety of fields, including cardiology, nephrology, paediatrics, and so on.

Over time, as you get more experience, your compensation and perks will rise.

Pay Scale

Machine learning engineers receive an average income of Rs. 7,16,290 per year. The annual wage for newcomers starts at roughly Rs. 6 lakh. Salaries for people with a decade or more of experience can reach Rs. 20 lakh per year. A profession in medicine is a good choice if you want a wealthy employment.

Educational Qualification

The primary degree required to become a doctor is an MBBS. This bachelor's degree takes roughly 4 to 5 years to complete. However, an MD or extra expertise is required to obtain greater prospects and more profitable options.