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January 23, 2023

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10 Highest Paying Jobs in India 2022 - With Salaries

Product Manager

Salary 

The average salary for product managers in India starts from about INR 15 LPA. This can increase to INR 30 or even INR 35 LPA. 

Educational qualification

You need a bachelor's degree in the field where you're looking to become a product manager. You can also do a master's or an MBA for specialization. 

Skills

  • Communication and collaboration skills
  • Ability to think strategically
  • Leadership skills

Responsibilities of a product manager 

  • Building business cases for new products 
  • Providing expertise for product development 
  • Working with sales and marketing teams to ensure the product meets customer requirements 

Top employers

  • Amazon
  • Uber
  • Google
  • Microsoft 

Management Consultant 

Salary

Management consultants draw an average salary of INR 11 to 12 LPA. The highest salary is approximately INR 30 to 32 LPA. 

Educational Qualification

The minimum educational qualification necessary for management consultants is a bachelor's in any business field. You can also get a master's degree with a specialization. 

Skills

  • Teamwork
  • Interpersonal skills
  • Creativity
  • Problem-solving 

Responsibilities of a management consultant 

  • Sourcing and analyzing data from across the business
  • Consulting with clients to understand which areas required improvement
  • Providing effective solutions and implementing necessary changes

Top employers

  • Deloitte
  • Ernst & Young
  • KPMG
  • Accenture

Medical Professional 

Salary

The average salary of medical professionals is around INR 10 to 12 LPA. However, this depends on the job type. For example, the highest salary for a surgeon can go up to approximately INR 17 LPA.  

Educational qualification

Educational qualification depends on which type of medical professional you want to be. Doctors need to complete their M.B.B.S. After completion, they can pursue an M.D. or M.S. Nurses need to have a bachelor's in nursing and midwifery.

Skills

  • Empathy and compassion 
  • Interpersonal communication
  • Time management

Responsibilities of a medical professional  

  • Quick and accurate diagnoses 
  • Prescribing medicines according to the patient's conditions
  • Organizing and maintaining patient information and medical charts
  • Working with other medical professional teams to ensure effective treatments 

Top employers

  • All India Institute of Medical Sciences (AIIMS)
  • Fortis Healthcare Limited
  • Apollo Hospitals

Investment Banker

Salary

Investment bankers earn an average salary of INR 12 LPA. Salaries can go up to INR 30 to 40 LPA, as you gain experience and become known for your expertise. 

Educational qualification

If you want to be an investment banker, you need a bachelor's degree in finance or other fields like statistics, business administration, economics, or mathematics. 

Skills

  • Networking
  • Communication
  • Research and analysis
  • Time management 

Responsibilities of an investment banker 

  • Development of accurate financial models
  • Sale of equity and issuance of debt to increase capital
  • Management of IPOs 
  • Facilitations of mergers and acquisitions 
  • Participation in corporate restructuring 

Top employers

  • Morgan Stanley 
  • Deutsche Bank
  • Axis Capital Limited 
  • Goldman Sachs 

Data Scientist 

Salary

The average salary of data scientists is around INR 10 to 10.5 LPA. For freshers, the starting salary will be approximately INR 4.5 LPA, but with experience, you can earn up to INR 26 LPA!  

Educational qualification

You need to complete a B.Tech or B.E. in any field of engineering. You can also opt for specialization and opt for an M.Tech. 

Skills

  • Communication
  • Intellectual curiosity
  • Teamwork  

Responsibilities of a data scientist

  • Collection and categorization of data
  • Data visualization 
  • Implementation of AI algorithms and predictive analytics  

Top employers

  • IBM
  • Amazon 
  • Accenture
  • Wipro

Chartered Accountant 

Salary

Chartered accountants earn an average salary of INR 7 LPA. It can increase to INR 30 to 40 LPA. 

Educational qualification

To become a chartered accountant, you need to have a bachelor's in commerce and then take the intermediary level test to study courses offered by ICAI. 

Skills

  • Analytical skills
  • Time management
  • Commercial awareness
  • Teamwork 

Responsibilities of a chartered accountant

  • Performing financial audits
  • Preparation of financial reports and statements 
  • Reconciling income statements 
  • Providing advice on tax planning 

Top employers

  • Standard Chartered
  • PWC 
  • Deloitte 
  • Ernst & Young 

Blockchain Developer 

Salary

Average salary of a blockchain developer is INR 7 to 8 LPA. The starting salary of blockchain developers is INR 2 to 2.5 LPA. But it can increase to INR 30 to 40 LPA as you gain expertise in the industry. 

Educational qualification

You need a bachelor's degree or a B.Tech in computer science or any related field. You can go on to do a master's or M.Tech for specialization. It is also important to know programming languages like Java, C++, and Python. 

Skills

  • Teamwork
  • Ability to work with flexible schedules 
  • Sound understanding of the blockchain technology 
  • Ability to use programming languages 

Responsibilities of a blockchain developer

  • Designing secure and effective blockchain technologies
  • Maintenance of blockchain platforms
  • Front-end and back-end blockchain development 
  • Evaluation and improvement of existing blockchain application 

Top employers

  • Infosys
  • Accenture 
  • QBurst
  • Talentica Software

Marketing Manager 

Salary

Marketing managers receive an average salary of INR 7 to 7.5 LPA. High-paying marketing management jobs can come with a salary of up to INR 22 to 23 LPA. 

Educational qualification

A bachelor's degree in marketing management is essential if you want to become a marketing manager. 

Skills

  • Communication
  • Problem solving 
  • Interpersonal skills
  • Leadership skills 

Responsibilities of a marketing manager 

  • Analysis of markets to understand customer demand
  • Evaluation and optimization of marketing strategies
  • Forecasting marketing trends
  • Promotion of products and increase of brand awareness 

Top employers

  • Amazon
  • Cipla
  • ITC
  • Procter & Gamble 

Machine Learning Expert

Salary

The average salary for machine learning experts in India is INR 7 to 7.5 LPA. Depending on the job and the expertise, salaries can go as high as INR 22 LPA. 

Educational qualification

You need to complete your bachelor's and masters in computer science, information technology, data science or a related field. You can also pick up data analytics and advanced mathematics as specializations. 

Skills

  • Problem solving
  • Strategic thinking
  • Communication
  • Time management
  • Technical knowledge such as computer programming and data modelling

Responsibilities of a machine learning expert

  • Designing efficient machine learning (ML) systems
  • Implementation of ML algorithms 
  • Verification and analysis of data
  • Selection of suitable data sets
  • Determining data distribution and its impact on system performance 

Top employers

  • Accenture
  • IBM
  • Tata Consultancy Services
  • Infosys

Full Stack Software Engineer

Salary

Full stack software engineers earn an average of INR 7 to 7.6 LPA. The highest salary is approximately INR 22 LPA. 

Educational qualification

To become a full-stack software engineer you need to complete your bachelor's or B.Tech in computer science or a related field. 

Skills

  • Programming language proficiency
  • Strategic and critical thinking
  • Problem solving
  • Attentiveness 

Responsibilities of a full stack software engineer

  • Designing and testing of full stack software
  • Designing web services that are scalable
  • Collaborating with software development teams for new projects
  • Optimizing full stack software applications 

Top employers

  • Dell
  • Microsoft 
  • IBM
  • Cognizant Technology Solutions 

Conclusion

Before you decide to take a job, you need to check what compensation you are being offered. Salary depends on various factors like your qualifications, experience, and even job location. The above mentioned jobs pay the most in the country, and if you can improve your skills in any of these fields, you will have a great career. 

Mentioned below are some of the jobs available in different cities.

1. Jobs in Delhi

2. Jobs in Lucknow

3. Jobs in Jaipur

4. Jobs in Sonipat