Ever wondered if you would have chosen a different career stream earlier, you would have become “billionaire” by now? Well, it is never too late!!
If you are still putting a thought on switching your job or taking a break to pursue some professional courses that enable you to earn more, then this article will give you some insights on the same.
We will be talking about 9 highest paying professions in India here along with their salary range. However, the salary paid is subjected to the education, skills, prior work experience, etc.
Below is the list of jobs offering handsome salaries in 2019:
Merchant Navy Jobs
Data Engineer/ Data Scientist
Basically, if you are stuck with any financial issue, these people are there to help you get out of the mess. Be it GST reform or any change in the taxation policy of the government, salary-related issues or how to save the tax money, they will come to your rescue.
This profession has ample scope and it is needless to say that if you are planning to become a Chartered Accountant, you do not need to give a second thought about it! You will be paid well and the figures given below are proof of your potential financial growth.
Fresher: Rs 5.5 LPA
Intermediate: Rs 12.80 LPA
Experienced: Rs 25.70 LPA
Yes, this still remains one of the highest paying jobs in India. Considering the pace of technological advancement and the number of unicorns in the tech space that are growing at explosive speeds, the future in this stream looks bright. Today, a lot of tech MNCs like Amazon, Microsoft, Google and Facebook have major operations in India for which they are always on the hunt for local talent. Most reputed engineering colleges also have good campus recruitment’s.
The sky is your limit when it comes to the starting salary of a software engineer as evidenced by this Economic Times article.
Fresher: Rs 3.5 LPA
Intermediate: Rs 8.3 LPA
Experienced: Rs 15.5 LPA
One of the highest paying jobs in India and at a young age, the job of a commercial pilot is glamorous for sure. The starting salary itself is anywhere between Rs. 1.5-2 Lakh per month. The training is intense with a requirement to have ground training as well as 200 hours of flying time, after having passed Class 12 with Maths and Physics. The only drawback? This job can be tiring.
But the fun part is that you get to travel, a LOT!
Fresher: Rs 18-24 LPA
Intermediate: R36-48 LPA
Experienced: Rs 60-72 LPA
Indians have been obsessed with getting their children into the medical profession for generations. The reason, like that time, remains true even now. You need to slog to get through a good medical college, work hard during MBBS to get high paying and well-respected jobs. The demand for doctors is only going to increase as the need for health care keeps increasing.
Medical practitioners have a huge scope of earning when they get associated with healthcare brands and work for them as part-time doctors. So, once you become a doctor, there is no looking back in life. Your treatment can be the panacea for your patients!
Fresher: Rs 4.8 LPA
Intermediate: Rs 8.10 LPA
Experienced: Rs 17 LPA
Lawyers / Legal Experts
A career plan of envisioning yourself as a lawyer will serve dual interests of serving as a social worker and receive hefty fees for a job done well. As a lawyer, you will never face a dearth of work as there are lakhs of cases (be it criminal, civil, corporate or any other) that are still stacked and awaiting justice.
There are many businesses that hire personal lawyers and pay a huge salary to them. After all, a lawyer has the moral responsibility to act as a protective shield for the organisation from threats. In the era where ‘consumer is the king’, the lawyer helps the organisations to settle claims and save the brand from getting tarnished.
Individual Practice – Senior Attorney: 9.5 LPA
Corporate Lawyer: 5 – 6 LPA starting
As an investment banker, you can dream of a really bright future. A lavish life and being able to splurge on what your heart wishes for. Just like in the movie ‘Ye Zindagi Na Milegi Dobara,’ Hritik Roshan (who plays an investment banker), lives the best of his life, you can dream of living a king-size life like him.
If you envision yourself working in a financial institution, dealing with company-capitals, government and large mergers and acquisitions (M&As), then this is the right profession to get into. In short, you have the big responsibility of managing money and making it grow multiple times. Before venturing your career in this field, take a look at the salary packages that can be offered to you as an investment banker.
Fresher: Rs 12 LPA
Intermediate: Rs 30 LPA
Experienced: Rs 50 LPA
Merchant Navy Jobs
The merchant Shipping sector has always been known to provide good pay packages. But the challenge with Merchant Navy sector is that they only recruit the best men! In Merchant Navy, Officer level posts come with high salary packages! Posts like – Marine Engineer, Navigation Officer, Electro-Technical Officer, Captain etc are highly-paid and well respected!
If you are interested in the Merchant Navy, you may go through this list of top Maritime courses. Merchant Navy suits those, who have an interest in leading an adventurous life and seafaring. One must be willing to travel extensively and adapt to different situations quickly. For all this hard work, Shipping Industry will reward you with a good salary package!
Fresher: Rs 7.2 LPA
Intermediate: Rs 30 LPA
Experienced: Rs 96 LPA
Management consultancies are employed by companies or institutions when they are looking to resolve a business challenge. Since challenges are in any industry, a lot of domain specialists are hired by management consultancies. And, MBA is not the only degree that can get you into one. Consultancies also do a lot of research, for which they look for diverse skills. Keep in mind that the lucrative client-facing roles in the industry are very demanding and often require you to live out of a suitcase.
Fresher: Rs 8.10 LPA
Intermediate: Rs15 LPA
Experienced: Rs 27 LPA
Data scientist, the sexiest job of the 21st century requires a mixture of multidisciplinary skills ranging from an intersection of mathematics, statistics, computer science, communication and business. Data scientists work towards the discovery of meaningful insights from massive amounts of data by implementing special software. A data scientist proactively fetches information from various sources and analyzes it for a better understanding of how the business performs