Last updated on May 19th, 2023 at 11:57 am
As a result of India’s diverse and rapidly growing economy, several professions pay well. The highest-paying jobs in India are typically in medicine, engineering, and management; however, the exact highest-paying job may vary depending on the industry, company, and location. Technology and data science have emerged as lucrative fields in recent years, with professionals commanding high salaries due to the high demand for their skills. The competition for these high-paying jobs is fierce, and those with the necessary skills, qualifications, and experience have the best chance of landing them. So if you are wondering Which Job Has The Highest Salary In India? Continue reading.
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Which Job Has The Highest Salary In India?
Check out the list below if you’re wondering what job pays the most in India.
- Medical Professionals (Doctors & Surgeons)
- Data Scientist
- Machine Learning Experts
- Blockchain Developer
- Full Stack Software Developer
- Product Management
- Management Consultant
- Investment Banker
- Chartered Accountant
- Marketing Manager
Average and Highest Salary in India For Various Professions
|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|
Which Job Has The Highest Salary In India: Different Fields
Medical professionals in India have an average salary of around 10 LPA, with over 25% earning 20 LPA annually. The average salary of a General Physician in India is Rs. 6,95,239 LPA, while a General Surgeon’s salary is Rs. 11,10,412 LPA, making it one of the highest-paying jobs in India, according to PayScale.
Certified experts in Data Science with limited or no work experience can earn a salary between 4-12 lacs, making it one of the highest-paying jobs in India. Those with 5 years of experience can earn INR 60-70 LPA.
Machine Learning Experts
Machine learning engineers earn an average salary of ₹691,892 in India, making it one of the highest-paying jobs in the country. Those with less than 1-year experience can earn ₹501,058 per annum, while early-level professionals can expect compensation of ₹698,443. Those with 10 to 19 years of experience can earn up to ₹1,948,718 per annum.
The average salary for Blockchain technology in India is Rs. 8,01,938, which ranks it among the top 10 highest-paying jobs in India. The high demand for skills in Blockchain technology leads to attractive payouts, as there is a shortage of experienced professionals. This trend is similar for Machine Learning experts, who can earn up to 45 LPA due to the growing demand for their skills.
Full Stack Software Developer
Full-stack developers with less than one year of experience can earn ₹375,000 per annum, while those with 1 to 4 years of experience can earn ₹553,000 per annum. Mid-level developers with 5 to 9 years of experience can earn up to ₹1,375,000 per annum, placing them among the top 10 highest-paying jobs in India.
Product Managers in India earn an average salary of Rs. 14,40,000 LPA. Those with little or no experience in this field can earn around Rs. 7-8 LPA, while experienced professionals can earn anywhere between Rs. 17 – 26 LPA.
Management Consultants in India earn an average salary of Rs. 11,49,770 LPA, with entry-level consultants earning Rs. 6 – 7 LPA and experienced consultants earning between Rs. 18 – 23 LPA, making it one of the highest-paying jobs in India.
Investment Bankers in India earn an average salary ranging from 4 – 40 LPA, making it one of the top-paying jobs in the country. Freshers can expect a pay scale starting from 10 – 12 LPA, while mid-career and experienced professionals can earn up to 30 LPA or more.
With starting salaries around Rs. 6-7 LPA, the salary of a Chartered Accountant (CA) can rise significantly up to 30 LPA or more, depending on the professional’s expertise and experience. This makes it one of the top 10 highest-paying jobs in India.
Marketing Managers in India earn an average salary of Rs. 7,01,976 LPA, according to PayScale. Entry-level professionals typically earn Rs. 4 – 6 LPA, while mid-level professionals can expect to make between Rs. 10 – 12 LPA. Experienced managers can earn higher salaries, ranging from around Rs. 15 – 22 LPA, making it one of the highest-paying jobs in India.
Which Job Has The Highest Salary In India? – FAQs
The highest-paying job in India varies depending on factors such as experience, industry, and skillset. Some of the highest-paying jobs in India include doctors, investment bankers, management consultants, data scientists, and product managers.
The average salary of doctors in India is around 10 LPA, with over 25% of medical professionals earning an annual package of 20 LPA.
Data scientists in India can earn between 4 – 12 LPA, even with limited or no work experience in the field. Those with 5 years of experience can earn around INR 60 – 70 LPA.
The salary range for full-stack developers in India varies depending on their experience. Entry-level developers can earn around ₹375,000 per annum, and mid-level developers with 5 to 9 years of experience can earn around ₹1,375,000 per annum.
The average salary of marketing managers in India is Rs. 7,01,976 LPA, with entry-level professionals earning around Rs. 4 – 6 LPA and experienced managers earning between Rs. 15 – 22 LPA.