Top 10 Highest Paying Jobs in Demand
1. Merchant Navy Officer
Merchant Navy is a very demanding profession that is well compensated financially. The pay is an appealing aspect of joining the merchant navy. However, entry-level positions are paid more or less than ground staff, but as you gain experience, the pay increases.
When considering a career in the Merchant Navy, one must consider physical and mental fitness, as well as the ability to stay on board for 6-9 months at a time. It is important to remember that your company will consist solely of the deep blue sea and difficult tasks. As a result, it is also one of the highest-paying jobs in India. The most appealing aspect of this job is that the pay is tax-free. This profession can include positions such as cadets, radio officers, chief engineers, chefs, radio officers, and so on.
Qualifications: Completing class 12th with Mathematics, Chemistry, and Physics is required for the merchant navy. There are few routes into the merchant navy.
Salary Range: Cadets to Captain – Rs. 12,000 – 8,00,000 per month.
2. Civil Services
By far the most prestigious service in the Indian landscape is Indian Civil Services. The job promises not only one of the highest paying jobs in India but also job security and value in terms of public perception of civil servants. Civil services include three significant classifications: IAS – Indian Administrative Services, IFS – Indian Foreign Services, and IPS – Indian Police Services. Every year, thousands of aspirants take the civil services exams, and only a few are chosen to represent the country. The position comes with significant power to implement and develop policies, maintain law and order, disaster management, and societal upliftment, represent India on the international stage, and oversee the nation’s administrative activities. Today’s Civil Services is one of India’s highest-paying jobs.
Qualification Required: A minimum graduation in any stream is required for civil service education. It takes a lot of effort to pass the IAS UPSC, IAS, and IPS exams.
Salary Range: IAS / IFS & IPS Officers – Rs. 56,000 – 2,50,000 / Month (Plus House Rent Allowance, Travel Allowance, and Dearance Allowance)
3. Medical Professionals
Doctors are usually seen in private practice and are known to make a lot of money. Private practice entails a great deal of responsibility and ownership over cases. It also entails running the show on your own and keeping the clinics and salaries running.
Doctors who work in public or private hospitals earn a good living, depending on their specialization. Many public and private hospitals hire specialists and pay them well because they add significant value to the hospital brand.
Qualification Required: Eligibility criteria for Doctors include studies at good medical colleges, hard work during MBBS, BDS, MD, BAMS, and other programs after the 12th grade.
Salary Range: Minimum 25,000/month in government hospitals.
Private Hospitals – Minimum monthly salary of Rs.35,000
Maximum earnings are unlimited in private practice.
4. IT Professionals
The various IT verticals are driven by the changing phase of the software development arena and its full application. IT has enticed many professionals to make India one of the world’s top IT service providers. The changing technology requires versatile professionals who can ride the wave of change and thus benefit the most in terms of pay. Big data engineer, Cloud engineer, Mobile app development, Data security, Data architect, Information systems security, and so on are some of the challenging and sought-after IT verticals that offer lucrative salaries. Data and how it can be best protected and used to generate business are central to information technology.
Qualifications: An engineering degree from a well-known institute with a good recruitment campus and expertise in cutting-edge technology can guarantee a lucrative salary. Courses in technology, software-hardware engineers, software testers, computer science, app developers, and so on.
Salary Range: 7 lacs to 50 lacs depending on experience.
In general, engineering is a degree that serves as a prerequisite for more advanced and specialized qualifications. With cross mixes, engineering has emerged in a new light over the years. Two decades ago, no one could have imagined Mechanical, Instrumentation, Electronics & Technology, Civil, Chemical, and Computer Engineering. Today, we have specialized engineering verticals that are driven by market demand and innovation. Genetic Engineering, Aerospace Engineering, Biotechnology Engineering, and Agriculture Information Technology are all lucrative professions.
Qualifications Required: A degree from IIT or a well-known technical institute in the country makes you the most sought-after candidate and earns you the highest pay.
Salary range: 30,000 – 1.5 lacs per month.
6. Company Accountants
Chartered Accountants keep businesses on the financial cutting edge, and as long as businesses exist, CAs will be in demand. Chartered Accountant does not always command the highest pay. CAS who passed on the first try with first-class marks are in high demand and are paid the most in the industry. First-rate and first try CA professionals are welcomed by the Big Four consulting firms with the most lucrative salaries in the industry.
It does not stop with a four-year specialized qualification; a three-year articleship (on-the-job experience) is also required for certification as a Chartered Accountant. Academically gifted candidates benefit from educational hardship.
Qualification: To apply for CA, a graduate or postgraduate degree in commerce with a minimum of 60% is required. Clearing three levels of exams as well as articles on the job experience) of three years is required for certification as a Chartered Accountant.
Salary: 7 lacs to 70 lacs per year
7. Company Secretary
Company Secretaries are the companies’ backbone in administering policies, statutory compliances, and the smooth functioning, implementations, and handling of repercussions of the Board of Directors. Secretaries work hand in hand with the Board of Directors and play a critical role in the smooth operation of company affairs. A secretary can question management decisions and offer advice while still playing an important role in the company. A Secretary can work on a company’s payroll or as an entrepreneur in consulting. Because of the changing business and market scenarios, there is a high demand for Company Secretary. Professionally, the salary or compensation is proportional to the task and responsibility at hand.
Qualifications: A minimum of a 12th grade is required for the foundation course of Company Secretary.
Salary range: 30,000 – 1.5 lacs per month.
8. Management Consultants
Management Consultants are typically MBA graduates or senior management professionals who have grown to offer business advice as a result of their experiences. A Business Coach is another term for a Management or Business Consultant. Management consultants can work as consultants in private practice or as members of company management panels. A Business Coach can serve as a mentor in the face of changing market trends, regulations, market ups and downs, and various situations that impede the successful operation of a business.
Qualifications: An MBA graduate with specific years of industry experience can enroll in the Business Coaching Training Program and analyse the nitty-gritty of running a business in order to provide tailored advice.
Salary range: 45,000 to a couple of lacs per month.
Lawyers are the one hand that saves you from all legal obligations and keeps you afloat in rain or shine. If you have a legal problem or need legal advice, a lawyer is a profession that will never die. It’s a cliche to say that lawyers are expensive, but they save you from a legal nightmare. Lawyers are further subdivided into family, corporate, business, labour, intellectual property, criminal, bankruptcy, civil litigation, real estate, and entertainment. Corporate lawyers are mostly employed, but other lawyers practice on their own.
Qualification Required: BA LLB is a required qualification. Three years of study following graduation. If you want to specialize in a specific area of law, you can pursue an MA LLB.
Salary: Minimum of 13 lacs per year with the best law firms in India.
10. Aviation Services
Commercial flying jobs with airlines for pilots are referred to as aviation services. Given the nature of their jobs, pilots earn handsome salaries. The responsibility factor that comes with this job, as well as the round-the-clock time modalities, make this a difficult profession to pursue, but it is worthwhile for the monetary benefits as well as the international travel experience. A qualified pilot must invest a significant amount of money to qualify for a commercial pilot licence, with a minimum fee of Rs. 45 lacs. Furthermore, after qualification, one must have 200 hours of flying experience to be qualified as a commercial pilot.
Qualification Required: According to Indian Flying School standards, the minimum qualification criteria are a 12th pass and a height of at least 152 cm.
Salary Range: 3 to 8 lacs per month
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