These Highest Paying Jobs Are Waiting For You

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It is quite understandable that the pay scale is crucial when you start a new job. It is a critical aspect of your job search because for a significant part of your student days you worked hard to reach where you are now.

Especially if you are a recent college graduate, your expected salary more or less decides your future career path. Even for professionals with decades of experience, money may be one of the biggest motivating factors in life.

Although the ranking of high-paying jobs fluctuates from year to year, the list stays almost the same. In this article, we provide you with an idea about which positions can help you earn well.

List of the highest-paying jobs in India right now

Based on your background, skill-level and previous work, here are the best jobs with high salary packages:

1. Medical professionals

National Average Salary: ₹37,446 per month

Primary Duties: Medical experts work in high-stress environments. The candidates need empathy and precision to handle the complex job duties.

Owing to the exceeding need for healthcare professionals in the private and public sectors, doctors and surgeons are in high demand. As a result, they command a hefty pay scale. Depending on the specialisation stream, such as dentistry, cardiology, optometry or others, the salary package will differ.

Per the data from last year, gastroenterologists, cardiologists and orthopaedic surgeons are among the top medical specialists who earn a high annual package, anywhere between Rs. 15 lakhs to Rs. 23 lakhs.

2. Investment banker

National Average Salary: ₹40,827 per month 

Primary Duties: You will typically have sound knowledge of the finance world, including stocks, securities, financial assets and everything related to investments. You will be helping your clients make crucial business decisions, mergers and acquisitions.

There are thousands of opportunities for investment banking jobs in India. These include knowledge manager, senior equity analyst and legal & compliance manager posts.

People with a bachelor's degree in finance, commerce, business administration or economics are apt to pursue a career in investment banking. Even an entry-level position can fetch you around Rs. 12 lakhs per year and go up to Rs. 50 lakhs for mid-level and top spots.

3. Data scientist

National Average Salary: ₹52,423 per month

Primary Duties: Data scientists manage a massive amount of data across various sectors - retail, IT, finance, insurance, and others. If you are a recent pass-out with a B. E. or B. Tech in computer science or any other engineering stream, you can apply for these jobs.

Data scientists, with even minimal experience, are welcome in many industries. So it is no surprise that these experts have some of the highest-paying jobs not only in India but worldwide.

The average pay package is between Rs. 9 lakhs for a fresher and Rs. 60-70 lakhs for someone with more than five years of experience. Having a master's degree in data science from a prestigious institute will arm you with more chances to settle down in this career path.

4. Machine Learning experts

National Average Salary: ₹42,383 per month

Primary Duties: As a machine learning expert, you need a conceptual understanding of computational statistics. You build powerful techniques and AI-based neural networks using data mining predictions.

A background in engineering, coupled with substantial experience with Big Data and a thorough knowledge of Python and machine and deep learning algorithms, can be huge assets for you. You will work alongside data scientists, analysts, app developers, and other professionals in healthcare, retail, IT, finance, transportation, and other industries.

By now, you may have understood that AI (Artificial Intelligence) is going to be the future. Freshers can gain hands-on training and improve their skills by working as interns. For someone with under one year of work experience, the salary can be Rs. 2.5 lakhs and you can earn around Rs. 1 crore per annum in around 20 years.