Wondering whether my profession or my dream job comes under these or not? A well-paid position is expected by each and every being. I often read news about students getting job placements in lakhs and even crores from different renowned companies. What makes them eligible? The answer would be their qualification; institute and the attitude & aptitude of the aspirant.
So let’s see the Top 6 Highest Paying Jobs in India are:
1.) Management Professionals: There are numerous B-Schools offering degrees in management although individuals coming from foremost institutes such as IIMs, IITs, XLRI, FMS, IIFT and Symbiosis earn higher salaries, enjoy more significant jobs roles and fast-track career paths. Generally, they start their career as Management Trainee and undergo 6 months-1 year of extensive training. The pre-placement offers are made on the campus with pay packages as high as INR 20-25 Lakhs per Annum. Financial services and management consulting firms are the top recruiters for the talent. INR 8-10 Lakhs per Annum is the lowest salary packages which is offered by companies.
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2.) Investment Bankers: The typical investment banking hierarchy is as follows - Analyst, Associate, Vice President, Senior V.P., Managing Director. Where are you? Salaries for the different levels look something like this – INR 5-9 Lakhs per Annum for Analyst, INR 7-13 Lakhs per Annum for Associate and INR 10-40 Lakhs per Annum for Vice President. The admired employers are Bank of America, Barclays Capital, Goldman Sachs, Deutsche Bank, Kotak Mahindra Bank Limited, JP Morgan Chase Globeop Financial Services Ltd. and HSBC. So what they do; chiefly raising capital for companies, governments and other bodies.
Suggested Course: 1). Investment-Banking 2).Financial Modelling
3.) IT & Software Engineers: For a fresh college pass-out, the salary falls somewhere between INR 1.5 to 2.5 Lakhs per annum in that order it increases as he/she moves up in the ladder with a figure of INR 4.0 to 8.0 Lakhs per annum for software engineer/programmer analysts, INR 4.5 – 10.0 Lakhs per annum for senior software engineer, INR 6.0 – 13.0 Lakhs per annum for project lead and INR 8.0 – 19.0 Lakhs per annum for program manager. So, you must be yearning to consider a career in technology. You would be keen on to know top 8 companies, which are Tata Consultancy Services, Infosys, Wipro, Tech Mahindra, HCL Technologies, Mphasis, Oracle Financial Services and Mindtree.
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4.) Chartered Accountants: CA covers a different area of financial accounting, tax management, auditing, cost accounting, banking, and consultancy, etc. Primarily; one has to be certified members of the Institute of Chartered Accountants of India (ICAI). Top companies like E&Y, Deloitte, PWC and ICICI Bank pay masters for CA jobs in India. A fresher CA can earn something between INR 5-7 Lakhs per annum. With the in-depth understanding and experience, the income also increases to as high as INR 20-24 Lakhs per annum.
Suggested Course: 1). IFRS - International Financial Reporting Standards 2). Financial Modelling 3). CFA
5.) Oil and Natural Gas Sector Professionals: In India, there is a lot of job opportunities in Public Sector Undertakings (PSUs) such as Coal India Ltd., ONGC, IOCL, Steel Authority of India Ltd. and Bharat Petroleum for those looking at job security. PSUs offer salaries as per Sixth Pay Commission with additional employee’s advantages and benefits. Similarly, the salaries are sky-scraping in private sector with top employers such as British Gas, Reliance Energy, Halliburton, Schlumberger, and Shell. For fresher’s, one can expect a salary of around INR 3.5 to 8 Lakhs per annum. Those with 6-8 years of experience and graduating from premier institutions with high degrees earn as high as INR 18-22 Lakhs per annum.
Suggested Course: Clean Energy Professionals
6.) Medical Professionals: Doctors are perpetually in demand with the growing population and numerous health problems. Furthermore, specialization in explicit fields can give them astonishing return. They can earn from private practice, separate surgeries, and others. In the present time, the dentists get money which was not offered to them three decades back. The minimum salary, if employed can be estimated to be around Rs. 4 Lakh to 6 Lakh per annum and for a specialized surgeon it could be double. However, among Medical professionals, General and Orthopedic Surgery, Cardiology (Invasive), Gastroenterology, Urology, Dermatology, Psychiatrists and Gynecologists earn highest.
Friends, I have provided you sequence of the highest paid jobs of different sectors although you should think about your career prospects while undertaking your interests, dream into consideration.
Wish you luck for Future Endeavour!