The answer to this question keeps changing from time to time. India is a developing country and our economy is dynamic. But, considering the present scenario some of the most promising job options are:
1.) Management Professionals: Though there are large number of small time b-schools offering degrees in management but those coming from premier institutes such as IIMs, IITs, XLRI, FMS, IIFT and Symbiosis earn higher salaries, enjoy more significant jobs roles and fast-track career paths. The pre-placement offers are made on the campus with pay packages as high as INR 20-24 Lakhs per Annum. Financial services and management consulting firms are the top recruiters for the talent. The lowest salary packages are also to the tune of INR 7-9 Lakhs per Annum.
2.) Investment Bankers: The career of an investment banker generally follows a standard path with five levels including Analyst, Associate, Vice President, Director and Managing Director. Salaries for the different levels look something like this – INR 5-9 Lakhs per Annum for Analyst, INR 7-13 Lakhs per Annum for Associate and INR 10-40 Lakhs per Annum for Vice President. The popular employers are Goldman Sachs, JP Morgan Chase, Deutsche Bank, Globeop Financial Services Ltd and HSBC.
3.)Business Analytics : A good analyst should be well-versed in mathematical concepts (primarily statistics and probability), open to learning new technological platforms (though they are usually vehicles to get the idea across) and be knowledgeable enough to fill the gaps in understanding through an acute business sense. Average Salary for Business Analytics Jobs:Entry level – INR 6,00,000 – 8,00,000, Mid-Career – INR 15,00,000, Experienced – INR 25,00,000
4.) Chartered Accountancy Jobs : One of the most trending Job in India these days. You have to be extraordinarily smart and possess a lot of knowledge of Business and Accountancy. Average Salary for Chartered Accountants:
Entry level – INR 5,50,000, Mid-Career – INR 12,80,000, Experienced – INR 25,70,000
5.) Software Engineering Jobs : Yes, you may think that being a software engineer is not so satisfying these days as salary don’t grow that fast. But make no mistake that Indian Companies are now moving towards Product Development and professionals sitting at the top and possessing sound knowledge are getting much more. Software Jobs will remain among Highest Paying Jobs in India for many more years.Average Salary for Software Engineers, Entry level – INR 3,50,000, Mid-Career – INR 8,30,000, Experienced- INR 15,50,000
6.) Aviation Jobs : The commercial pilot license is also a lucrative option and is offered by a few prestigious institutes in India, and there are plenty of options if one can afford an abroad stint. Average Salary for Aviation Careers:
INR 20,00,000 (Commercial Pilot), INR 18,00,000 (Helicopter pilot), 9,80,000 (Aircraft maintenance engineer)
7.) Careers in Legal Service : With too many rules and regulations both in Corporate and Judicial, Career in Legal Service could become your dream job. The top notch lawyers can command fees (for a single argument) which can be annual salary for the lesser mortals.
8.) Oil & Natural Gas Sector : Oil and Natural Gas is another sector that makes huge profits and thus pays exorbitant salaries to its employees. An Experienced professional in this industry could easily earn 15-20 Lacs per annum with all other perks.
9.) Medical Professionals : One thing can be guaranteed about this profession is that Medicine sector is Recession Proof. There can’t be any recession in Medical field. This gives you Steady growth, secure career and one of the Highest Paying Jobs in India. Average Salary for Medical Careers: INR 4,80,000 (General practice) INR 8,10,000 (General Surgeon), INR 17,00,000 (Medical doctor)
10.) Marketing: Marketing can be considered as Low paying job, but if you learned this art, then nothing can be as lucrative as this one. An executive who has in-depth knowledge of Marketing can be the next CEO of the same company.Average Salary for Marketing CareersEntry Level: 1,50,000 Mid Career: 5,00,000 Experienced: 10,00,000 and above.
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