Students in India are very much interested in knowing details about high paying jobs. Not just India, students across the World are interested in such careers, which offer high salary and additional perks and benefits. A high paying job not only provides one with a sense of financial security, it will also help one have a good lifestyle and enjoy good social status. And most of the celebrated and well rewarding careers also helps one earn respect from peers and society. In this article, we will check out a list of some of the highest paying jobs in India
All the jobs mentioned in this article are well rewarding ones, in terms of salary. But salary specifications may vary with time, depending upon economic as well as other such influencing factors. Also, to thrive in a specific field and to earn a huge salary in that process, one must become very good at that task. One must have necessary skills, which will help one thrive in that field. Another important factor is the quality of the Institute from which one pursues the professional course associated with a career. Good quality, reputed Institutes guarantee a decent pay package right from the start. They provide a good foundation. Listed below are the highest paid jobs in India:
- Medical Professionals
Doctors in India earn well. India has a huge population. With this huge population comes an increased number of health problems. In India, the ratio of number of Doctors available per 1000 patients is very low. While this is a matter of concern, it also means that Doctors practicing in India get a steady flow of patients. Medical professionals could be Doctors, Dentists, Ayurvedic Doctors, BHMS Doctors or even Physiotherapists. Among the roles mentioned above, Doctors who have done MBBS and followed it up with PG course and super speciality course earns the most! Gone are the days when an MBBS Degree was enough to start off! This is the age of super speciality!
To earn well, one must be willing to take up a lucrative and promising PG course (specialization) after MBBS! Fields of specialization like- Cardiology (branch that deals with diseases affecting the heart), Gynaecology (branch that deals with women’s reproductive system), Orthopaedics (branch that deals with skeletal system and diseases), Dermatology (branch that deals with skin), Pathology (branch dealing with examination of organs and body to diagnose diseases) etc will help one build a financially rewarding career after MBBS! With the ongoing pandemic, doctors are the real hero, and they deserve every ounce of it.
Top Colleges: AIIMS New Delhi, Christian Medical College, National Institute of Mental Health & Neuro Sciences, Sanjay Gandhi Postgraduate Institute of Medical Sciences, Amrita Institute of Medical Sciences & Research and Kasturba Medical College and many more.
- Management Professionals
People who have pursued Business and Management oriented courses and working in relevant Managerial and Administrative roles are called Management professionals.
How well a management professional will earn depends upon factors like his/her area of specialization, course pursued (MBA Degree is most valuable and assures the highest salary among the management courses mentioned), quality of Institute from which course has been pursued (IIMs are most valuable, followed by the likes of XIMB, XLRI, FMS, ISB etc). Areas like- HR Management, Media Management, International Business, Hospital and Healthcare Management, Finance and Taxation are lucrative and rewarding ones at the moment.
Top Management Colleges: IMs, MDI Gurgaon, SP Jain Institute of Management and Research, Narsee Monjee Institute Of Management Studies, Indian Institute of Foreign Trade, Faculty of Management Studies, and many more.
Among these leading MBA institutes is Xavier Institute of Management (XIMB). XIMB offers 12 months Executive PGDM through Virtual Interactive Learning (EPGDM-VIL) in 200+ Tutorial Videos for Byte-sized Learning, 250+ Live Virtual Classes during Weekends and 17 Live Projects. The program is designed with 8 to 10 hours of commitment per week.
The Executive PGDM Program through VIL is designed to equip and empower executives with the necessary competencies required to lead 21st century organizations in the post pandemic world. The program curriculum espouses multi-functional, strategic and leadership inputs required for executives to transform organizations in a highly Volatile, Uncertain, Complex and Ambiguous (VUCA) world. And what is better than working and studying to earn more!
The Research and Development sector of our Country is poorly equipped. There aren’t enough qualified Scientists working for the Government at the moment. So bad is the situation that State Governments are offering all cost covering Scholarships for students (the meritorious ones) who are willing to pursue B.Sc., M.Sc. and take up research jobs!
With the Government too giving R&D special attention, a career in this sector will turn out to be a rewarding one, financially. Also, one will be able to contribute to the growth and development of the Nation too! Within the Government sector, there are various sections where one may specialize and work as a Scientist. Some of these sectors are- Defence, Agriculture, Fisheries, Genetics, Biotechnology sector etc. Ample amounts of Private sector jobs are also available for Scientists, like- Healthcare and Pharmaceuticals, Food Processing and Technology etc!
Top colleges with great careers in science: St. Stephen’s College, Hindu College, Madras Christian College (MCC), Deen Dayal Upadhyaya College, Stella Maris College, Christ University and Maharaja Agrasen College and many more
Aviation sector is home to a number of high paying jobs! The job of a Commercial Pilot is the highest paying one. This is one such job that we all used to dream about while we were kids! The mere thought of flying makes this job a dream one! And this career is financially rewarding too! New private Airline companies have arrived on the scene. It looks like the demand for Commercial Pilots will only rise from here!
It is a heavily saturated field. Still, depending upon the Branch that one chooses and the quality of Institute from which one pursues the course, one may still end up landing a high paying job! In case of students graduating from Institutes such as IITs, NITs and other prominent ones like BITS, Nirma University etc, irrespective of the branch, the salary package will be good.
Professionals related to some good Engineering branches are much valued and are always in demand. Some such branches are- Petroleum Engineering, Chemical Engineering, Core Engineering Branches (Mechanical, Electrical and Civil Engineering), Instrumentation and Control Engineering,. Jobs related to these branches are high paying ones.
Information Technology and Computer Science are heavily saturated Engineering branches. And thanks to recession, pay packages associated with jobs related to these branches also took a hit. Still, in case of students who have completed the above branches from high quality Institutes, demand is still there and the salary pack is high too!
Top Engineering Colleges: IITs, Vellore Institute Of Technology, Sardar Vallabhbhai National Institute Of Technology, Birla Institute Of Technology, Indian Institute Of Engineering Science And Technology, College Of Engineering and Motilal Nehru National Institute Of Technology among many others.
- Chartered Accountants
Chartered Accountants’ task is to keep track of financial affairs of businesses big and small. Corporate houses have in-house CAs. Some Business houses even hire CAs for auditing and similar accounts related tasks.
Chartered Accountancy is generally considered to be meant for Commerce stream students. But 12th Science stream as well as Arts stream students may also pursue this course and venture into Chartered Accountancy career field!
Like in all jobs, it is better to start slow. But there is enough scope in this sector to achieve steady growth in career. Skilled CAs are well valued in the market and are compensated well for their services! Those who are good with numbers, have integrity and are perseverant enough to go through the CA training module may give this course a go!
Top Commerce Colleges: Miranda House, Lady Shri Ram College For Women, Hindu College, St. Stephen`s College, Presidency College, Loyola College, St. Xavier's College, Ramakrishna Mission Vidyamandira, Hans Raj College, Shri Ram College of Commerce and many more.
Skilled and talented Lawyers are in demand, well respected and are also well paid by clients! After completing Integrated Law courses like- B.A, L.L.B./B.Com, L.L.B. or L.L.B. after Graduation (3 or 4 years long Degree course), one may start working for Legal firms or may even start Private practice! To thrive in this field, one should have good reasoning skills, oratory skills, presence of mind, investigative skills and confidence. Specializing in lucrative fields will also help one build a financially rewarding career. Areas like- Criminal Law, Corporate Law, Labour Law etc are very rewarding ones!
Top Law Colleges in India: NLUs, Symbiosis Law School, Jamia Millia Islamia, The West Bengal National University of Juridical Sciences, Kalinga Institute of Industrial Technology, Aligarh Muslim University, Indian Law Institute and Christ University among many more.
- Investment Bankers
They are not your normal Bankers working for Private or Nationalized Banks! Folks who have Degrees related to Accounting, Business, Finance, Economics, Maths, Statistics, Engineering (Software and Analytics side jobs) may take up this profession. Those who are good with numbers have good analytical skills, communication skills etc are much valued by recruiters. In other words, investment banking is not everyone’s cup of tea. Pursue this option only if you are passionate about numbers, statistics and data analysis!
It has been noticed that big recruiters like Goldman Sachs, JPMorgan Chase, Morgan Stanley etc hire Graduates having Degrees like- MBA, Economics, Statistics, Engineering etc.
- Government Sector Jobs
Civil Service and Administration related jobs like- IAS, IRS, IFS, IPS etc are glamorous as well as high paying at the same time. But to land those jobs, one must crack the tough Civil Services Examination! These jobs play an integral part in Nation building! Only the best minds should be involved in this process. Thus, due to this very reason, the selection process in case of these jobs is extremely tough. PSUs like ONGC, BHEL, SAIL, BEL, BPCL, CCL, CIL, GAIL, HEC, HAL, HPCL etc are also well known for offering high paying jobs. Central Government bodies like Indian Railways, State Service bodies etc also offer high paying jobs.
Usually, it is the high rank/Grade Officer posts like Engineers and Administrative roles that get the high salary packages. The low rank posts still have a decent band pay. Along with a good pay package, employees will also get added benefits like- perks, loans (Interest free or low Interest), subsidized housing, Medical Aid, Travel Concessions etc.
Commissioned Officers’ posts in various divisions of Armed Forces also have good salary packages. We all know how much respect the Officers of Indian Armed Forces commands! Officers of the Indian Army, Indian Air Force and Indian Navy are given much respect. Their job is a glamorous one, but is risky too at the same time! Officer posts in other bodies like BSF and Indian Coast Guard too has the above mentioned advantages.
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