Today's youth work hard to excel in school and land one of the highest-paying jobs in the world. Unless you are very specific about your hobbies, selecting "the right job" is never simple. The financial possibility of a job offer is one aspect that might aid in accepting it.
When it comes to picking a professional path, money is the most powerful motivation. If salary is a crucial aspect for you, these are the top ten best-paid occupations in India. This list was updated in 2023, and regardless of your work level, beginner/entry-level, or medium level, they can help you determine where you want to go next and locate the top jobs in India.
Top 10 Highest Paid Jobs In India
| Professions / Jobs | Average Salary 2023 | Highest Salary 2023 |
|---|---|---|
| Medical Professionals | 10 Lakhs | 17 Lakhs |
| Data Scientist | 9.5 Lakhs | 26 Lakhs |
| Machine Learning Experts | 6.9 Lakhs | 22 Lakhs |
| Blockchain Developer | 8 Lakhs | 21 Lakhs |
| Full Stack Software Developer | 6.7 Lakhs | 17 Lakhs |
| Product Management | 14 Lakhs | 35 Lakhs |
| Management Consultant | 11 Lakhs | 34 Lakhs |
| Investment Banker | 9.6 Lakhs | 33 Lakhs |
| Chartered Accountant | 9 Lakhs | 18 Lakhs |
| Marketing Manager | 7 Lakhs | 20 Lakhs |
1. Medical Professionals
Image Source: Twitter
The average compensation of healthcare professionals in India is approximately 10 LPA, according to the normal pay scale of medical experts in India. Over a quarter of all medical professionals earn a salary of 20 LPA each year. According to PayScale, the average compensation of a General Physician in India is Rs. 6,95,239 LPA, while the salary of a General Surgeon is Rs. 11,10,412 LPA, making it one of the highest-paying positions in India.
The remuneration package of medical specialists is often determined by the specialized stream. Aside from conventional specializations such as Dentistry, Optometry, and Pharmacy, fields such as Healthcare Administration, Nursing and Medical Assistant, Home Health Aide, and so on have arisen as promising and well-paying healthcare paths.
| Location | Salary (per month) |
|---|---|
| New Delhi | INR 84,910 |
| Kolkata | INR 69,711 |
| Mumbai | INR 66,357 |
| Hyderabad | INR 51,922 |
| Bangalore | INR 51,210 |
| Pune | INR 50,462 |
Academic Qualification
The prerequisite for becoming a doctor in India is an M.B.B.S. (Bachelor of Medicine and a Bachelor of Surgery) degree. Therefore, an M.B.B.S. from a university approved by the Medical Council of India (MCI) is required for all doctors. Aspirants can select from specialities like Master of Surgery (M.S.) or Doctor of Medicine (M.D.) while pursuing their postgraduate degree (M.B.B.S.).
Top Companies
- Apollo
- Columbia Asia
- AIIMS (All India Institute of Medical Sciences)
- Max
- Fortis
2. Data Scientist
Image Source: Twitter
One of the highest-paying careers in India is data science, which pays certified professionals between 4 and 12 lacs even if they have little to no work experience in the field. Five years of experience earn a data scientist between INR 60 and 70 LPA. Pay ranges fall into one of the following categories:
| Location | Salary |
|---|---|
| India | 9,50,000 |
| Mumbai | 11,70,000 |
| Bangalore | 10,30,000 |
| Pune | 8,66,000 |
Academic Qualification
- Engineers – BE / BTech (without coding experience)
- Graduates (no programming knowledge)
Top Companies
- Walmart Labs – Bangalore
- Amazon – Hyderabad / Bangalore
- Procter & Gamble – Hyderabad
- GreyAtom – Mumbai
- People Interactive – Mumbai
3. Machine Learning Experts
Image Source: Twitter
Machine learning engineers are among the top-paid professions in India, with an average income of ₹691,892.
Less than a year of experience might earn ₹501,058 annually for machine learning engineers. Professionals in their early stages should anticipate earning ₹698,443. An expert in machine learning makes a staggering ₹1,948,718 a year after gaining 10 to 19 years of expertise.
The greatest city for machine learning specialists is Bangalore, India's Silicon Valley, which offers 20% more than the national average. Deep learning and Python are the two areas where experts are known to make more money on average.
The city with the most openings is Bangalore, followed by Delhi/NCR. 22% of Naukri's ML jobs provide a salary between 10 and 15 LPA, while 32% of ML jobs pay between 6 and 10 LPA.
| Location | Salary |
|---|---|
| Pune | INR 8,65,218 |
| Bangalore | INR 7,74,309 |
| New Delhi | INR 7,07,622 |
| Mumbai | INR 5,83,386 |
| Ahmedabad | INR 5,21,161 |
| Chennai | INR 5,00,000 |
| Hyderabad | INR 4,00,000 |
Academic Qualification
B.E./B.Tech in data science, information technology, mathematics, statistics, or computer science (if possible). In the sector, advanced degrees—such as postgraduate or doctoral degrees in related fields—are also highly prized.
Top Companies
- Quantiphi – Mumbai
- IBM – Bangalore
- Zycus – Bangalore
- Accenture – Mumbai
- ITC Infotech – Gurgaon
- hCapital Business Consulting – Mumbai
4. Blockchain Developer
Image Source: Twitter
Blockchain technology is one of the top 18 highest-paid careers in India, with an average income of Rs. 8,01,938.
Owing to a scarcity of seasoned experts, companies compensate well for the necessary abilities. Experts in machine learning (ML) may earn up to 45 LPA, making it one of the best-paying occupations in India due to the high and increasing demand. Pay ranges fall into one of the following categories:
| Location | Salary |
|---|---|
| Pune | INR 8,65,218 |
| Bangalore | INR 7,74,309 |
| New Delhi | INR 7,07,622 |
| Mumbai | INR 5,83,386 |
| Ahmedabad | INR 5,21,161 |
| Chennai | INR 5,00,000 |
| Hyderabad | INR 4,00,000 |
Academic Qualification
B.E./B.Tech in Information Technology, Statistics, Mathematics, and Computer Science. Candidates with a few years of prior coding expertise in popular languages such as Java, JavaScipt, C#, C++, and Python are preferred by employers.
Top Companies
- Auxesis
- Primchain
- Signzy
- Sofocle
- SoluLab
- OpenXcell
- Elemential
- MindDeft
5. Full Stack Software Developer
Image Source: Twitter
Full-stack engineers with less than a year of experience at entry level might make ₹375,000 annually. Full-stack engineers can make ₹553,000 annually if they have one to four years of expertise. One of the top 18 highest-paying positions in India is that of mid-level developers with five to nine years of experience, who get ₹1,375,000 annually.
| Location | Salary |
|---|---|
| Bangalore | INR 7,72,500 |
| Pune | INR 7,03,505 |
| Hyderabad | INR 6,98,136 |
| Gurgaon | INR 6,72,411 |
| Mumbai | INR 6,50,209 |
| New Delhi | INR 6,50,000 |
| Ahmedabad | INR 6,07,258 |
| Chennai | INR 5,88,674 |
Academic Qualification
Full-Stack Developers must have a bachelor's degree in Computer Science/Information Science/Information Technology, either B.E. or B.Tech. Furthermore, they must have a good foundation in computer programming languages such as Java, Python, C, C++, Ruby, and others.
Top Companies
- IBM
- Siemens
- E2logy
- Dell
- Barclays
- ChromeInfotech
- Simpalm
6. Product Management
Image Source: Twitter
The average income for Product Managers in India, according to LinkedIn, is Rs. 14,40,000 LPA. Freshers with little or no experience in this field may expect to earn approximately Rs. 7-8 LPA, while experienced professionals can expect to earn anywhere between Rs. 17 and 26 LPA. Companies like Amazon, Flipkart, and Ola, to mention a few, provide higher-paying jobs. Here's an illustration of the average wage range provided by Indian companies:
| Location | Salary |
|---|---|
| Bangalore | INR 20,00,000 |
| Gurgaon | INR 20,00,000 |
| Pune | INR 18,00,000 |
| Hyderabad | INR 16,00,000 |
| New Delhi | INR 15,00,000 |
| Chennai | INR 15,00,000 |
| Mumbai | INR 13,00,000 |
| Kolkata | INR 10,00,000 |
Academic Qualification
A bachelor's degree in Business Administration or a similar discipline such as Economics/Communications/Marketing/Public Relations/Advertising/Management is the minimum educational requirement for Product Management jobs. Firms typically demand extensive educational degrees for senior-level Product Management positions.
Top Companies
- Microsoft
- Amazon
- Flipkart
- Ola
- Salesforce
- Uber
7. Management Consultant
Image Source: Twitter
In India, a management consultant makes, on average, Rs. 11,49,770 LPA, according to PayScale. The typical salary range for entry-level management consultants is between Rs. 6 and 7 LPA, while those with a few years of expertise in the field might make between Rs. 8 and 11 LPA. One of the highest-paying positions in India is that of a management consultant with expertise; pay scales start from Rs. 18 to Rs. 23 LPA.
| Location | Salary |
|---|---|
| Gurgaon | INR 23,58,745 |
| New Delhi | INR 23,29,542 |
| Hyderabad | INR 22,79,569 |
| Bangalore | INR 22,71,000 |
| Chennai | INR 17,49,181 |
| Mumbai | INR 12,00,000 |
| Pune | INR 10,00,000 |
Academic Qualification
Having a bachelor's or master's degree in a business-related discipline is required for management consultants. While applicants can come from any sector to work in management consulting, it is recommended for people with a background in accounting, finance, or economics. Certifications in management consulting are becoming more and more recognized by businesses these days.
Top Companies
- Accenture
- McKinsey & Co.
- Ernst & Young
- KPMG
- PwC
- Deloitte
8. Investment Banker
Image Source: Twitter
We have seen several Hollywood and Bollywood actors portray this character, and we have heard a lot about this job profile. An investment banker, one of the highest-paid positions in the world, advises a client (a bank or company) on how to invest its funds for the best returns. Dealing with money, both your own and others is the stuff of fantasies and one of the highest-paying careers in India. It has always been one of the top jobs in the country.
Investment bankers are among the highest-paid professions in India, with an average pay range of 4 to 40 LPA. The wage range for new hires is 10 to 12 LPA. Professionals in their mid-career and beyond can make up to thirty LPA and more as their expertise increases.
| Location | Salary |
|---|---|
| New Delhi | INR 20,00,000 |
| Pune | INR 20,00,000 |
| Mumbai | INR 15,62,336 |
| Bangalore | INR 7,97,492 |
| Chennai | INR 7,48,439 |
Academic Qualification
The minimum educational need for investment bankers is a bachelor's degree in business administration, finance, economics, or mathematics. It is much preferable if they hold a master's degree in any of these fields of study.
Top Companies
- JP Morgan Chase
- Goldman Sachs
- HSBC
- Citibank
- ICICI Securities Ltd.
- Axis Capital Ltd.
- Deutsche Bank
- IDBI Capital
9) Chartered Accountant
Image Source: Twitter
A chartered accountant (CA) earns between Rs. 6-7 LPA, with the potential to earn up to 30 LPA or more based on experience and competence. This makes it one of the top 18 highest-paid occupations in India.
Salary levels for foreign workers might reach up to Rs. 75 LPA. Pay for chartered accountants with three to four years of experience ranges from 8 to 12 lakhs.
| Location | Salary |
|---|---|
| Bangalore | INR 9,62,631 |
| Kolkata | INR 9,44,239 |
| Gurgaon | INR 9,02,540 |
| Chennai | INR 8,99,349 |
| Mumbai | INR 8,77,936 |
| New Delhi | INR 8,68,895 |
| Hyderabad | INR 8,56,934 |
| Pune | INR 8,32,343 |
Academic Qualification
The Intermediate course given by ICAI is open to postgraduates and graduates in commerce with a minimum of 55% of the possible points as well as intermediate-level pass holders from the Institute of Cost Accountants of India and the Institute of Company Secretaries of India. Other discipline graduates and postgraduates are also eligible to enrol in ICAI's CA programme, however, they must meet a minimum cut-off percentage of 60%.
Top Companies
- Ernst & Young
- Standard Chartered
- Deloitte
- Grant Thornton International
- KPMG
- BDO International
10. Marketing Manager
Image Source: Twitter
Market managers in India make an average income of Rs. 7,01,976 LPA, according to PayScale. Experienced mid-level professionals make between Rs. 10 and 12 LPA, whereas entry-level professionals typically make between Rs. 4 and 6 LPA. It is one of the highest-paying positions in India, with experienced managers earning salaries that approach Rs. 15 to 22 LPA.
| Location | Salary |
|---|---|
| Bangalore | INR 11,29,908 |
| Gurgaon | INR 11,00,000 |
| Mumbai | INR 10,72,485 |
| New Delhi | INR 10,22,150 |
| Chennai | INR 9,91,846 |
| Pune | INR 9,48,384 |
| Kolkata | INR 8,68,044 |
| Hyderabad | INR 8,55,119 |
Academic Qualification
Professionals in marketing management or business administration are required to hold a bachelor's degree. To be a marketing manager, you can also have a background in accounting, finance, business law, economics, or statistics. A master's degree or an MBA is strongly desired for anyone with advanced education.
Top Companies
- Amazon
- TCS
- Tata Motors
- Flipkart
- Vodafone
- Airtel
- IBM
About the Author:
Akanksha Sinha
I'm Akanksha Sinha, an expert in writing sports blogs, news, and various articles for entertainment and more. I bring a unique flair to my work, providing insightful perspectives on the world of sports.
My articles aim to inform and entertain, making me a go-to source for sports enthusiasts seeking a blend of information and enjoyment. With a passion for storytelling and a keen eye for detail, I consistently deliver compelling narratives that resonate with a diverse audience.