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7 Highest Paying Jobs In India

27 Mar 2020

 5-min  Read

HIGHEST PAYING JOBS IN INDIA

The biggest dilemma that all of us are ambushed by at some point, is the question of our choice in career paths. It doesn’t have to be so mind boggling honestly. Just keep in mind that the end goal is to ensure that you are content and happy with what you do! Here we are giving a glimpse of the jobs that will pay you the highest currently in India, to help you get a better idea of the jobs that will make you some big bucks! However, these are subject to change with time, demand and also innovation and technology.

1. Data Scientist:

Data science revolves around data and it’s uses, as the name suggests. Data is accumulated, arranged and analysed to examine its effect on businesses. Data scientists choose and build appropriate algorithms and models to analyze data better and uncover insights from it.

Average Base Pay per Annum: Rs. 9, 50, 000

Skills required:

  • Good with statistical tools and fast mathematical calculations.
  • Knowledge of programming languages like Java, Perl, C/C++, Python, etc.
  • Skills in data analytics software like SAS, R, Hadoop, and Tableau.
  • Familiarity with SQL database techniques.
  • Critical reasoning skills and problem-solving ability.

Where do I Study?

  1. IIM Calcutta – PG Diploma in Business Analytics (Pgdba)
  2. Syracuse University – Ms. Applied Data science
  3. Berkeley School of Information – Ms. in Data Science
  4. Aegis School of Business – PG: Business Analytics & Big Data
  5. IIndian School of Business (ISB)- Certificate in Business Analytics (CBA)

Where can I work?

  • Amazon
  • Walmart Labs
  • People Interactive
  • Procter & Gamble

2. Product Manager:

Product management involves dissecting customer needs (current and potential) and maps them out in depth to aid the product development team, which includes product designers, developers, engineers etc., who go on to develop the actual product. A product manager articulates the problem areas, determines the scale of an issue, and gives direction to the design and development teams.

Average Base Pay per Annum: Rs. 7, 00, 000

Skills required:

  1. Empathy and a keen eye for understanding customer needs
  2. Ability to collaborate and communicate with teams, since the product manager will be working with a variety of departments.
  3. HAs to have a creative and aesthetic eye, along with organization skills.
  4. Ability to set deadlines and meet them for prototypes, product manufacture, and delivery
  5. Good knowledge about Product Design is an added bonus.

Where can I study?

In India a management course specializing in a product is slightly hard to find, however,, you could study a regular management course followed by a certificate course in product management/ Product design. You may also lookout for the following courses:

  1. IIM Calcutta – Product Design and New Product Management
  2. Institute of Product Leadership, Bangalore – Executive MBA Product Leadership
  3. Code University of Applied Sciences – Berlin – B/A in Product Management
  4. Fashion Institute of Technology – Product management: Fashion and Related Industries.
  5. Udemy, UpGrad, Skillshare – Online Product Management courses.

Global

Where can I work?

  1. Amazon
  2. Flipkart
  3. Ola
  4. PayTM
  5. Myntra
  6. Microsoft

3. Game Designer:

Just as the name indicates, a game designer is one who designs and constructs a game. They are often called the architect of the game, defining all the elements of the game such as its setting, rules, environment, story flow, levels, characters, vehicles, weapons, etc. They also delve into market research to determine what kind of game would work well currently.

Average Base Pay per Year: Rs.7,00,000 

Skills Required:

  1. Fundamentals of arts, sketching, color theory, graphic design (for computer games) and an observant eye for aesthetics.
  2. Knowledge about game engines, game production, human-computer interaction, game environments, music, and sound.
  3. Basic knowledge of the commonly-used game design software, including Maya, Photoshop, Adobe Illustrator, Nuke, Mudbox, Z-Brush, Premiere Pro, AfterEffects and yED.
  4. Cultural awareness, knowledge of different languages and exposure to varied demographics, is an additional advantage.

Where can I study?

  1. NID –  M.Des Digital game design, Toy and Game Design
  2. Pearl Academy – Bachelors in Game Design
  3. Indian Institute of fAshion and Animation (IIFA) – B.Sc Game Design and Development,
  4. Rochester Institute of technology – Interactive Games and Multimedia department
  5. University of Southern California – B.A, B.Sc, MFA, M.Sc in Game Design and Animation

Where can I work?

  1. Zynga
  2. UbiSoft
  3. DSK Green Ice games
  4. Reliance Games
  5. Electronic Arts ( EA Games)

4. Chartered Accountant:

Chartered accountants provide accountancy, tax, and audit services to various clients, including businesses, large companies, small firms etc. They work in private practice or in the accounts department of firms and organisations. In India, in order to be a CA you need to be a member of the Institute of Chartered Accountants of India. You can also pursue this career in other countries, but the equivalent position is termed Certified Public Accountant, or CPA in the US , and you will have to register with the governing body of that country.

Average Base Pay per Year: Rs.8,00,000 

Skills required:

  • Math & analytical skills, along with a logical and methodical approach.
  • Attentive to detail.
  • Interpersonal skills.
  • Necessary skills in applying theoretical knowledge to real-life situations.
  • Ethical values.

Where can I study?

The CA course and examinations for qualification is regulated by The Institute of Chartered Accountants of India ( ICAI – Institute of Cost Accountants of India ), New Delhi. It has 4 important levels:

  1. Common Proficiency Test
  2. Integrated Competence Professional Course
  3. 3 years of articles/ training under a practicing CA
  4. CA final

Also, taking up Commerce with Accounts as your preferred stream in 11th and 12th grade can be beneficial. 

Where can I work?

  1. JP Morgan
  2. Goldman Sachs
  3. American Express
  4. HDFC
  5. Deloitte
  6. Ernst and Young
  7. KPMG India

5. Management Consultant:

Management consultants provide advice to organisations on how to improve performance , effectively and efficiently. Consultants divide into two broad types: Strategy: Strategy consultants advise management teams on top-level decisions like prioritizing new markets to enter, developing price strategy, mergers and acquisitions, how much to invest in research and development, how to structure the organisation and how to deal with competitive threats. Operations: Operations consulting is more about how to implement strategy such as advice on improving the recruitment process, or implement a new sales strategy etc.

Average Base Pay per Year: Rs.10,00,000 

Skills Required:

  • Knowledge of business, finance, economics, and mathematics.
  • Great Interpersonal and communication skills.
  • Logical problem-solving skills.
  • Ability to cope with challenges and pressure.

Where can I study?

Any management related course, which covers the areas of finance, economics and mathematics are relevant for this career. Some top universities which offer all kinds of management courses are-

  1. IIM – Ahmedabad
  2. IIM- Bangalore
  3. Harvard university
  4. MIT ( Massachusetts Institute of Technology) 
  5. London School of Business

Where can I work?

  1. Mckinsey
  2. Reliance
  3. Godrej
  4. Murugappa Group
  5. Tata
  6. The Boston Consulting Group
  7. Accenture

6. Machine Learning Expert:

Machine learning is an application of artificial intelligence (AI) that enables systems to automatically learn and improve from experience without being programmed to every detail. Machine learning focuses on the development of computer programs that can access data and process it, to learn more by themselves without too much human intervention. This is another field that is rapidly growing with the evolution of technology.

Average Base Pay per Year: Rs.8,00,000 

Skills Required:

  • Programming in R / Python.
  • Strong statistical and mathematical knowledge
  • Excellent communication and presentation skills.
  • Ability to analyze and strategize.
  • Some experience in Data Science is an added bonus.

Where Can I study?

  1. Great Learning –  PG Program in AI and Machine Learning
  2. Upgrad – | PG Diploma in Machine Learning and AI from IIIT-B 
  3. Amity Online – Postgraduate Diploma in Machine Learning and Artificial Intelligence
  4. University of California — Berkeley – Program Name: Masters in Data Science, Masters in EECS
  5. Carnegie Mellon University – Master of Science in Machine Learning

Where can I work?

  1. Gramener
  2. Accenture
  3. Zycus 
  4. IBM 
  5. ITC Infotech 
  6. Ati Motors
  7. Nebulaa

7. Full Stack Software Developer:

Full-stack web developers design web applications and websites from scratch, including, frontend ( client-side), backend ( server-side), database and debugging of web applications and websites. “Full-stack” refers to the collection of a series of technologies needed to complete a project. With companies now attempting to be more efficient, Full Stack Developers come as a complete package, hence there is a rise in demand for experts.

Average Base Pay per Year: Rs.4,00,000

Skills Required:

  • Interpersonal skills, to be able to interact with several teams.
  • Creativity and aesthetics.
  • Technical know-how along with the ability to work under pressure ( Fluent in Javascript, HTML, and CSS)

Where Can I study?

  1. Indian Institute of Technology Bangalore and Upgrad – Full Stack Development Course
  2. National Institute of Information technology (NIIT) – Advanced Programme in Full Stack Software Engineering 
  3. Coursera – Full-Stack Web Development with React Specialization (The Hongkong University of Science and Technology )
  4. Udacity – Professional Full Stack Web Developer – Nanodegree Certification
  5. University of London – Responsive Website Development and Design Specialization

Where can I work?

  1. Swenson He
  2. Pixel Crayon
  3. ValueCoders
  4. ELEKS
  5. Peerbits
  6. Bacancy Technology
  7. MetaDesign Solutions

With all this being said, any career path you follow will have its pros and cons, without doubt. How you balance it to make the best of your life is key to your success and happiness!

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