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Data Scientist
While many careers have been around forever, data science is a relatively new and buzzing
option offering lucrative packages. A data scientist helps manage and organize a massive amount
of data that an organization collects. He gleans actionable insights from that data to drive
business decisions that improve profits and customer relationships.
A big reason for taking up Data Science as a career, there is a 40 percent rise in demand
approximately for data scientist since January 2019, and more than 300% since 2013. The reason
for this should be clearing, considering everything today is data, and expertise in the science of
managing that data is precisely what is required.
Skills
Educational Qualification –
Data Science offers a salary between 4 – 12 lacs to certified experts even if they have limited
or no work experience in the function making it one of the highest paying jobs in India. Data
scientists with 5 years of experience get INR 60 – 70 LPA. Salary ranges between the following
range –
Average Salary
India – 9,50,000
Mumbai – 11,70,000
Bangalore – 10,30,000
Pune – 8,66,000
Companies Hiring Data Scientist in India – (3300 Jobs on Naukri / 2700 Jobs on Linkedin)
Data Science & Machine learning is all the rage right now, and they are one of the highest-paid
jobs in India, not only in India but also worldwide. Machine learning is an application of AI
wherein the system learns and improves on its own without being programmed. Just like the
human brain, YES!!!. Machine learning experts are the professionals who build these self-
learning systems.
Skills
Programming in R / Python
Strong statistical knowledge
Strong written and oral communication translated as the ability to prepare presentations,
progress reports, and interactive data visualizations
Ability to convey complex data into non-technical insights and possible decisions.
Engineering Graduates, Software & IT Professionals, Data Professionals with minimum 1-year
experience or a degree in Mathematics or Statistics are relevant for these jobs. Professionals with
decent knowledge and understanding of Machine Learning may apply for the jobs or can take up
a course in ML, that will familiarize you with algorithms, R/ Python, probability, statistics,
basics in data science and ML. upGrad in collaboration with IIIT-B offers PG Diploma &
Masters in ML which will help professionals to work as Business Analyst, Product Analyst,
Machine Learning Engineer or Data Scientist.
For 3+ years of experienced professionals, almost 75% of them are paid in the range of 8 Lacs to
40 Lacs. Highest salary even goes up to 50 lacs.
Companies Hiring Machine Learning Experts in India – (6700 Jobs on Naukri / 6100 Jobs
on Linkedin)
Accenture – Mumbai
Zycus – Bangalore
hCapital Business Consulting – Mumbai
Quantiphi – Mumbai
IBM – Bangalore
ITC Infotech – Gurgaon
3) Blockchain Developer
Blockchain is the new revolutionary field and is redefining everything from currency
transactions, internet connectivity, to data security and handling. Blockchain technology
cuts out middlemen, reduce costs, and increase speed and reach. It is supposed to usher in greater
transparency and traceability. As both private and public sectors warm up to this new, market-
changing technology, there will be a considerable lack of specialists. A gaping hole that you can
fill. Further, there’s also a continuously growing demand for Blockchain Developers in India.
Skills –
Educational Qualification –
IIIT Bangalore offers a PG certification course, along with alumni status and access to on-
campus facilities.
Due to the lack of experienced professionals, organizations offer a handsome pay-out for the
required skills. The excessive & growing demand makes ML experts land on one of the highest
salary jobs in India as professionals earn up to 45 LPA. Salary ranges between the following
range –
Salary
0 – 3 Lakhs
3 – 6 Lakhs
6 – 10 Lakhs (27%)
10 – 15 Lakhs (23%)
15 – 25 Lakhs (25%)
25 – 50 Lakh
Almost 75% of the professionals required are paid in the range of 6 Lacs to 25 Lacs. Highest
salary even goes up to 50 lacs.
Full-stack developers are tasked with the job of creating both the front end and the back end
of a software/website i.e. they are both web developer and have a fair understanding of database
systems. As web developers, they build the website for the ground up and wr`ite the code for it.
They work with the website’s appearance, CSS, HTML and align it with the client’s industry,
business, and target audience.
Skills
Educational Qualification –
Individuals with Bachelor’s in IT or Computer Science can team it up with online courses about
full-stack development including the necessary programming languages. The course will help
them understand, how the backend of a website functions, and design elements that you need to
know. Mix these with internships and projects to build and strengthen your portfolio.
Highest Paid jobs in India Page 5
Data Scientist
Expert beginners will draw around 4 – 6 Lacs, which gradually grows to 15 Lacs with around
3 to 5 years of experience.
For 3+ years of experienced professionals, almost 75% of them are paid in the range of 6 Lacs to
25 Lacs. Highest salary even goes up to 30 lacs.
5) Product Management
Skills
More than a professional degree, experience coupled with a specialized course will help you to
master this profession. Product managers must have an eye for details and must be well aware of
the organizational goals in terms of Product Development. Then you need to see how those goals
align with actual customer needs. Product managers must talk to customers regularly and
converse with the sales team members who understand the market need. Use the product on a
daily basis and get on customer support calls to know the feedback and improve the product
accordingly.
range is 7 Lacs and the higher range goes up to 26 Lacs. The higher range of salaries is mostly
offered by companies like Amazon, Flipkart & Ola.
6) Management Consultant
The primary role of management consultants is to help companies solve problems, improve
performance, and maximize growth. You’ll be concerned with the strategy, structure,
management, and operations of the company.
Skills
7) Investment Banker
We have heard so much about this career profile, seen a lot of Hollywood & Bollywood actors
play this role. One of the highest paying jobs worldwide, an investment banker helps their
client (a bank or a firm) invest their money wisely for the highest possible returns. It has
always been one of the best jobs in India, and dealing with money – yours and others – is the
stuff of dreams.
Skills
To become an investment banker, you need to
8) Chartered Accountant
CAs work in every industry and provide financial expertise for managing money well. They
provide accountancy, tax, and audit services to clients and help you to understand things like the
GST reform, any change in taxation policies, or salary related issues. At present, India faces a
huge shortage in this industry. For the 6.8 crore taxpayers in the country, there are only 1.25
lakh full-time practitioners.
Skills
Starting from 8-10 LPA, the salary of a CA can rise up to 50 LPA or more, depending on the
expertise and experience.
Salary ranges between the following range – Chartered Accountants with an experience of 3 –
4 years are paid in the range of 8 to 12 lacs. Listed are the companies with the Average
Experience and Average Salary –
9) ONG Professionals
Not many people aspire to be in the oil and natural gas industry, but those who are, have ‘made
it’ very well there. It is still remains one of the highest salary jobs in India as our country is the
4th largest importer of LNG after Japan. South Korea, and China, and it aims to reduce the
dependence on these imports from 77% to 67% by 2022. This means that there are plenty of
opportunities to work in this industry within the country only. Individuals working in this
sector can also government jobs in companies like ONGC.
Skills
• Math & Analytical skills
• Interpersonal skills because you’ll have to work with others on projects
• Problem-solving skills
As an ONG professional with sufficient experience and domain-centric knowledge, your pay can
range up to 40 LPA. A production engineer in Oil & Natural Gas sector is paid a remuneration of
15 lacs per annum.
Reserve Bank of India is the financial architect of the Indian economy. It is jobs fall in the
government jobs category and hence, not only come with satisfying salary packages but a lot of
other perks as well. These include the travel allowance, the house allowance, the holidays
observed, and many other benefits. Employees get posted at various locations in India and are
well-trained in the financing sector.
Skills
• The right mix of competence and humility so that he/she can be properly mentored.
• Able to bridge the knowledge gap between what they have studied and what is yet to be
learned.
• Ambitious.
• A constant drive to learn and improve
Fresh Graduates starting on a package of 9 LPA, the salary of a comes along with a lot of perks
and incentives.
Conclusion –
These are the top 10 highest paying jobs in India – that will help you grow financially / that
will be in demand. The above list clearly illustrates how a high salary package is independent of
the industry one works in. The opportunity for good, high-paying work exists in every sector.
One only needs to be clear about their goal, know which path to take, and preserve in order to
make the best of that opportunity.