This blog covers the top 10 job roles that offer the highest salaries in India across multiple domains, such as healthcare, IT, finance, etc., in no specific order. Check out the 10 best-paying job roles in India and their salaries according to the postings on PayScale.
List of Top 10 Highest Paying Jobs in India in 2024
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Blockchain Developer
The future of Blockchain technology is bright. Blockchain development is one of the highest paying jobs available today not just in India but also in the world across several industries. Blockchain technology is integrated with machine learning and artificial intelligence. Blockchain is used in organizations to record data and store it in a ledger.
Blockchain developers are experts in building and implementing solutions and architectures with the help of blockchain methodologies.
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Qualification
While hiring blockchain developers, recruiters look for specific skills and qualifications, such as a BE or B. Tech degree in IT disciplines, skills in programming languages, including C, C++, C#, Java, JavaScript, and Python, understanding of Bitcoin Blockchain, Ethereum, etc., and so on.
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Why is this job on the rise?
- Blockchain is one of the fastest-growing skill sets with jobs growing at a rate of 2,000 percent to 6,000 percent.
- International Data Corporation (IDC) reported that blockchain adoption will witness the fastest adoption in the years 2017 to 2022.
- Since the cryptocurrency bull market of 2017, there has been a meteoric rise in demand for blockchain developers and blockchain engineers. As of 2019, the global demand for blockchain engineers has gone up 517 percent over last year.
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Salary
Blockchain-skilled professionals in India earn an average salary of ₹803,004 p.a. This can go up to ₹2,000,000 p.a. with the required skills and experience.
Read more: Check out our blog on Blockchain developer salary!
Top Companies Hiring Blockchain Developers
Here are the few top companies that are hiring after you become a Blockchain Developer.
- Accenture
- UST
- Tata Consultancy Services
- Tech Mahindra
- Blockchain App Factory
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Digital Marketing Managers
Digital marketing has become a core part of all organizations, be it top MNCs or small companies and startups. With the rise in digitization and advancements in IT, digital marketing is leaping upward and creating new avenues, which is why it has achieved the status of one of the most sought-after career options in India.
It is a lucrative profession, and people from various backgrounds are opting for it. The marketing domain offers some of the best high-paying jobs in India.
Qualification
It will be useful for you to get into this field if you have a bachelor’s degree in any marketing domain, though it is not mandatory. You can also have a degree in economics, law, etc.
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Why is the job on the rise?
- As of 2023, programmatic advertising is expected to account for more than 72 percent of online marketing.
- Search volume for digital marketing courses witnessed a spike of 49.5 percent after COVID-19, which means that the course was highly in-demand.
- The growth of the Indian e-commerce market is pushing to ₹7 trillion by 2023 after the COVID-19 pandemic.
Salary
Digital marketing managers earn an average salary of ₹600,000 p.a. in India and depending on the subfield and their skills, the salary can increase to ₹2,000,000 p.a.
Top Companies Hiring for Digital Marketing Managers
- Google
- Accenture
- Amazon
- Red Ventures
- Cognizant Technology Solutions
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Business Analyst
A business analyst is one of the highest paying jobs not only in India but around the world as well. A business analyst’s job ranges from the business architect, business systems analyst, and enterprise analyst to product owner and product manager.
As part of their roles and responsibilities, the business analyst has to undertake and support decision-making with real-time analysis. A business analyst in any organization is known to make decisions with the upper management of the organization to draw data-driven decisions.
Apart from this, some of the other responsibilities of business analysts include identifying opportunities to improve various processes, resolving business problems through technical-based solutions, documenting technical and functional designs, and enhancing operational effectiveness.
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Qualification
To pursue a career as a business analyst, it is mandatory to have a bachelor’s degree. Apart from this primary requirement, the basics of programming and knowledge and experience in writing SQL queries will help you in your job. Strong communication and negotiation skills would be a big plus. Further, you can take up a Business Analyst course from a well-recognized institute and gain certification in this technology.
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Why is this job on the rise?
- According to a 2018 report, 85 percent of companies will have resorted to business analytics to record revenue growth.
- A staggering 19 percent growth for business analysts is expected in the next five to six years.
- The Bureau of Labor Statistics estimates the need for business analysts to increase by 14 percent by 2024.
Salary
The average salary of a business analyst in India is ₹800,000 p.a., which can increase up to ₹17,00,000 p.a. with experience.
Top Companies Hiring for Business analysts
- American Express
- Accenture
- Deloitte
- Tata Consultancy Services
- Cognizant Technology Solutions
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Product Manager
A product manager plays an essential role in any IT organization, but they are not the same as a project manager. A product manager determines the necessary strategies and coordinates with the team members to develop the required product.
Not only is a product manager responsible for assigning the projects and deciding who works on what, but they are also responsible for helping the members of the team in the project and discussing the product’s scope and milestones while creating it.
A product manager is required to deliver the plans to achieve the estimated tactical and strategic goals, manage and implement marketing processes, and create a portfolio of the product. It is also among the top highest paying jobs in commerce.
Qualification
The qualification for a product manager is a bachelor’s degree in business administration, economics, management, or any other related field.
Why is this job on the rise?
- The demand for the product manager role is growing at a whopping rate of 32 percent.
- A recent Google Trends analysis for ‘growth product manager’ shows a 425 percent increase in average monthly interest over the last five years.
- On average, a product manager earns approx. ₹73,600 more than engineers annually.
Salary
The average annual salary of a product manager in India is ₹1,686,467, and this can increase up to ₹3,000,000 per year.
Top Companies Hiring for Product Managers
- Uber
- Amazon
- Microsoft
- Google
- IndiaMART
Check our blog on Product Manager Salary in India based on location, experience & job profiles!
Full-Stack Developer
A full-stack developer works on the complete development and maintenance of the website for an organization. They work on frontend as well as backend functionalities of applications, which makes full-stack developers a crucial member of the organization’s IT field. Moreover, they are responsible for fixing issues that can occur on the website’s front-end and back-end. It is among the highest-paying computer science jobs in India.
Qualification
For you to become a Full Stack Developer, you must have a bachelor’s degree, preferably in an IT domain. Further, you must have excellent coding skills and should be proficient in frontend and backend languages, namely, HTML, CSS, Java, JavaScript, Python, C, Ruby, etc. You also need to know the basics of SQL and other databases.
If you want to attain the required skills and get into this profession, you must register for one of the best Full Stack Developer Course.
Why is this job on the rise?
- According to the 2020 Emerging Jobs Report (US) from LinkedIn, the job scope of full-stack developers has grown by 35 percent since 2015.
- The demand for full-stack developers has increased by 30 percent in the past year.
- According to the United States Bureau of Labor Statistics, there will be 8,53,000 open jobs for full-stack developers by the year 2024.
Salary
The average annual package of a full stack developer in India is ₹596,650. This amount can rise to ₹1,000,000 with experience.
Top Companies Hiring for Full Stack Developers:
- Accenture
- IBM
- Tata Consultancy Services
- SAP
- Cognizant Technology Solutions
UI/UX Designer
A UI or UX designer has to focus on various aspects of product development, including design, usability, function, branding, and marketing. Their work is mainly related to the entire end-to-end journey of a user’s interaction with a product. the work also includes identifying new opportunities for the product and business.
Given the wide scope of their job, it is no surprise that UI/UX designers are one of the highly preferred professionals in product design. A lot of companies hire UI/UX designers; in fact, product-based companies pay UI/UX designers very well.
Qualification
UI/UX designer stands for user interface and user experience designer. The main objective of a UI/UX designer is to build a product that is simple to use and provides a good user experience. A UI/UX designer is paid very well in a product-based company.
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Why is this job on the rise?
- UI/UX designer is one of the fastest-growing professions in the US.
- Recently, LinkedIn reported that the number of UI/UX design hires increased by 5X from the previous year.
- According to a survey, 87 percent of hiring managers have said that hiring UI/UX designers is a top priority.
Salary
Starting UI/UX designer salary in India can range from ₹20,000 per month to 25,000 per month. With an experience of up to two years, the salary increases, and the average salary per year comes up to around ₹700,000.
Top companies hiring for this role:
- Microsoft
- Adobe
- Google
- Accenture
- Cognizant Technology Solutions
Cybersecurity Engineer
Most, if not all, companies today have a significant presence on the internet, which is why protecting and securing their data and assets becomes important yet more difficult.
Cybersecurity is not just a requirement but a necessity in all companies that have data online; this leads to the rise in demand for cybersecurity engineers, making it one of the highest-paying tech jobs in the world.
They need to ensure that they do not allow external users to access their data. They make sure that the users are getting only the required access and not more and so on. They are among the most crucial employees of a company.
It is one of the best jobs in India considering that these professionals will always be required by companies; thus, there will always be enough job vacancies for them.
Qualification
When applying for a job in the field of cybersecurity, you must be a graduate in computer science, statistics, mathematics, or any other similar field. Additionally, you must have a certification in a respective area, depending on the job profile that you want to go for.
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Why is this job on the rise?
- According to a report, cybercrime is estimated to cost the world US$6 trillion annually, which is roughly an increase of 50 percent since last year.
- Demand for cybersecurity engineers over the next five years is projected to grow by 164 percent.
- The BLS predicts that cybersecurity jobs will grow by 31 percent by 2029.
Salary
- Cybersecurity professionals who work in India are paid an average of ₹720,111 p.a., and this can go up to ₹2,000,000 p.a.
- Certified ethical hackers in India earn an average salary of ₹499,333 p.a.
- The cybersecurity market is expected to grow by a CAGR of 14.5 percent from 2021 to 2026.
Top Companies Hiring for Cybersecurity Engineers
- Apple
- Federal Reserve Bank of New York
- General Motors
- Intel
- Boeing
Data Analyst
A data analyst collects, cleans, and interprets data sets in order to answer a question or solve a particular problem. A data analyst scrutinizes information by using data analysis tools and derives meaningful insights. This meaningful data pulled from a massive stack of data helps employers or clients to make important decisions by identifying various facts and trends.
Typical duties of a data analyst include using advanced computerized models to extract the data, performing final analysis to provide additional data screening, preparing data based on analysis, and presenting it to the higher management.
Qualification
A degree in mathematics, statistics, or economics is good to land an entry-level data analyst job. Apart from this, a good understanding of programming languages, such as R, Python, C++, Java, MATLAB, and PHP, is a huge benefit as it will make the data extraction process easier.
Why is this job on the rise?
- The big data analytics market is expected to grow at a CAGR of 12.3 percent from 2019 to 2023.
- The U.S. Bureau of Labor Statistics predicts a growth of about 28 percent by 2026.
- The field of data analytics is expected to grow by 26 percent from 2018 to 2028.
Top Companies Hiring Data Analysts
- Fractal Analytics
- Accenture
- Tableau Software
- Alteryx
- Microsoft Corporation
Salary
Data analysts are annually paid an average of ₹600,000 and you can get up to ₹1,000,000 p.a. depending on your work experience.
Also, have a look at our blog on the various types of Analyst roles in 2024.
Cloud Architect
A cloud architect has a combined knowledge of cloud computing and its roles and utilization in the market. Cloud architects are highly in-demand in the IT industry as all companies use the cloud and need cloud architects for their maintenance and procurement.
Cloud architects take up place within the IT field and lead a team, creating strategies for building and deploying applications. One of their prime responsibilities includes monitoring cloud activity and designing and migrating applications. The work of cloud architects in organizations is of utmost importance and they directly report to senior management, such as the chief technical officer, CEO, director, etc.
Qualification
To pursue a career as a cloud architect, you need to be from an IT background. Knowledge of programming languages, such as Python, Ruby, and Elixir, can prove to be a big advantage.
Further, people with strong leadership skills and excellent written and verbal communication are highly in demand for the job. It is also good to have a strong ability to design and implement cloud infrastructure.
Why is this job on the rise?
- By the end of 2023, 67 percent of all enterprise infrastructure will be cloud-based.
- The public cloud service market is forecasted to reach a global valuation of US$623.3 billion in the next few years.
- Platform-as-a-Service (PaaS) is expected to grow in adoption to 56 percent in the coming years.
Salary
Top Companies Hiring for Cloud Architects
- Hewlett-Packard
- EMC
- IBM
- Microsoft
- Amazon
Data Scientist
A data scientist is basically a Big Data wrangler who gathers and analyzes large data sets of unstructured data. They combine various mathematical and analytical skills to derive meaningful data that can be used for decision-making.
One of the requirements to become a good data scientist is that one must have analytical skills in both technology and social science to find and manage data trends.
To turn chunks of data into meaningful insights, data scientists use a variety of skills depending on the industry that they work in and the kind of job responsibilities they have. In general, most data scientists are familiar with programming languages such as R and Python. Some of the other responsibilities of the job profile of data scientists include cleaning data, research, warehouses, and structures.
Qualification
In general, it is preferred that a data scientist must have a bachelor’s degree in the field of computer science. Some employers also pay attention to academic credentials, though it is not required, to ensure how a candidate tackles a data science job.
Why is this job on the rise?
- According to an estimate by the U.S. Bureau of Labor Statistics, around 11.5 million new jobs in the field of data science will be created by 2026.
- The average annual pay hike for data scientists falls between 20 percent to 30 percent as compared to 15 percent to 20 percent for professionals from other backgrounds.
- Since 2019, the job profile of data scientists has witnessed an increase of 46 percent.
Salary
The demand for data scientists is second-most in India with around 50,000 job openings. On average, someone as an early-level data scientist with one to four years of experience earns around ₹610,811 p.a. After a bit of experience, a Data Scientist’s salary is around ₹1,000,000 p.a.
Top Companies Hiring Data Scientists
- Google
- LinkedIn
- Amazon
- Facebook
- Oracle
These are the top 10 highest-paying jobs in India in 2024; it will help you to gain an understanding of the salary ranges offered in various job sectors. So, check out these opportunities and opt for the career that is best suited for you.
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