Top 10 Highest Paying Jobs In India For You To Make A Career In
The question, which are the highest paying jobs in India, often arise in our minds. We sometimes wonder whether we’re in the wrong profession or career, especially when our income isn’t sufficient to keep pace with skyrocketing prices of everything.
Understandably, there are lots of the highest paying jobs in
India.
While most people believe that the highest paying jobs are
usually for highly qualified persons, I beg to differ. Personally, I believe
it’s our skills that help us get higher salaries rather than mere academic
qualifications.
Therefore, I’m presenting this list of the top 10 highest paying
jobs in India. Some of these would either amuse or even surprise you.
Top 10
Highest Paying Jobs in India
This list of highest paying jobs in India is based upon various
parameters. They include net worth, monthly or annual income and nature of
work. So be ready to be pleasantly surprised or amused at these highest paying
jobs in India.
1. Spiritual Leader
Working or becoming a spiritual leader is the highest paying
jobs in India. Whether you’re a spiritual leader on own merit or work for some
spiritual organization, there’s no other profession that can send your net
worth skyrocketing.
Acharya Balakrishna, an associate of Yoga guru Baba Ramdev is
the richest spiritual leader in India. He’s also the editor of Yog Sandesh
Magazine and CEO of Patanjali Ayurved, the fastest growing FMCG firm. He’s also
an Ayurveda practitioner.
With an estimated net worth of US$.1.5 billion, Acharya
Balakrishna is the richest spiritual leader in
India. In fact, most spiritual leaders of India feature in Forbes and Fortune
lists as richest persons in this country and the world.
Educational Qualifications: No specific qualifications.
2. Cricket Player
Cricket player is the second highest paying jobs in India. No,
I’m not talking about all the extra money that top Indian cricket stars rake in
from brand endorsements and advertising. Instead, we’re discussing salaries
here.
Just in case you’re unaware, Board for Control of Cricket in
India (BCCI), the
Indian government regulator for this sport pays players to represent India at
various cricket fixtures.
BCCI divided cricket players into four categories: Grade A+,
Grade A, Grade B, and Grade-C. Their
annual pay is decided on basis on these grades.
Currently, three Indian cricketers, Virat Kohli, Rohit Sharma, and Jaspreet Bumrah
come under Grade A+.
This means, they get an annual salary or retainer of Rs.70
million per year. Grade A cricketers get Rs.50 million, Grade B gets Rs.30
million while Grade C players get Rs.20 million per year.
Educational Qualifications: No specific qualifications.
3. Ambassador/ High
Commissioner of the Republic of India
An Ambassador or High Commission of The Republic of India is the
highest diplomatic position of our country and this is also one of the highest
paid jobs in India. They are selected for the post by the Minister of External
Affairs after considering various criteria.
Usually, an Indian citizen becomes an Ambassador or High
Commissioner only after several years of service in the Indian Foreign Service.
An Ambassador or High Commissioner of India is appointed
directly by the President of India. And they represent interests of India in a
foreign country.
Actually, there’s no difference between an Ambassador and High
Commissioner. Both are the same.
Only, an Indian ambassador posted to a Commonwealth country is
known as the High Commissioner. Those appointed to the United Nations are known
as Permanent Representative.
The Indian government pays US$8,000 per month as basic salary to
an Ambassador or High Commissioner of India posted in Class-A countries.
The pay can be slightly lower for other countries, where the
cost of living or diplomatic duties are lower. Their salary is decided by the
prevailing Pay Commission and other criteria.
In addition to the basic highest salary in India, an Indian
Ambassador or High Commissioner also gets several attractive perks.
These can total up to US$12,000 or more, depending on where
they’re posted. To become an Ambassador, an Indian Foreign Service officer
starts at a lower diplomatic rank and rises through the echelons.
Educational Qualifications: Graduate/ Post Graduate in any stream.
Graduate of Indian Administrative Services (IAS) with specialization in Indian
Foreign Services (IFS).
4. Management
Specialists
Not everyone enjoys the privilege of becoming a Management
Specialist.
It requires qualifications in management from top business
schools such as the Indian Institute of Management, Jamnalal Bajaj Institute of
Management Studies or a foreign degree from Harvard Business School among
others.
IIM, JBIM, and Harvard graduates in India are in high demand.
They don’t need to find jobs. Instead, the top brass of largest Indian
corporations attend their convocation ceremonies and usually make spot offers.
A fresh IIM or JBIM graduate can expect a median
monthly salary of Rs.2.3 million. However, to
graduate from IIM isn’t a cakewalk.
It requires rigorous studies, practical training, and intense
personal discipline. In fact, IIM graduates are also in high demand around the
world for their excellent managerial skills.
Educational Qualifications: Graduate from any stream. Post
Graduate Program from IIM (any campus) such as Master of Business
Administration.
5. Commercial Pilot
India is one of the fastest-growing airline passenger markets in
the world that is why this is also one of the highest paid jobs in India.
Despite the closure of one private airline in early 2019, the Indian civil
aviation industry shows a growth of 7.4 percent between April 2019 and June
2019.
While flag carrier Air India leads in international markets,
there are several other airlines that cater to foreign and domestic markets.
These include Vistara, Air Asia, IndiGo, SpiceJet and Go Air.
As a result, there’s a huge demand for commercial pilots in
India to fly on domestic and international routes. It’s a very prestigious job too.
Commercial pilots in India earn a median salary of Rs.250,000
per month plus perks. Pilots that fly on international routes usually get a
median monthly salary of Rs.500,000 per month and perks.
Earlier, most airlines would recruit retired pilots from the
Indian Air Force and train them to fly commercial airliners.
Nowadays, any woman or man that graduates with a Student Pilot
License can apply for Private Pilot License and start working with an airline.
The airline trains candidates with Student Pilot License and
qualifies them to fly as First Officer on commercial flights. During this
period, they assist the Flight Commander or Captain with various flight processes.
Upon accumulating a certain number of flying hours and passing
tests conducted by the Directorate General of Civil Aviation, they get the
Commercial Pilot license.
Educational Qualifications: (Minimum) Higher Secondary Certificate
with Commercial Pilot License from DGCA.
6. Chartered
Accountant
Between 100,000 and 150,000 students appear for entrance exams
for the Chartered Accountant course every year.
Of these, only about 22 percent make it to the finals and
qualify as Chartered Accountant. However, only about two percent of students
pass the final exams at the very first attempt.
Studying to work as CA isn’t easy by any means. It involves
studying voluminous books that consist of various accounting theories and
practices, understanding various kinds of taxes and their rules as well as
actual auditing and accounting to become CA.
All CA students have to study and work at the same time, which
makes the course even tougher. During the daytime, they work as ‘articles’ with
a Chartered Accountancy firm.
And at nights, they spend lots of time studying various subjects
required to crack these tough competitive
exams. Exams are conducted by the Institute
of Chartered Accountants of India (ICAI).
The median income of a CA varies between Rs.500,000 to
Rs.750,000 per month. Usually, CA’s are in demand around the year.
However, there’s a peak in demand for their services between
March and July every year, since individuals and companies need to file tax
returns with the government.
Educational Qualifications: (Minimum) Higher Secondary Certificate
with Chartered Accountancy certificate from Institute of Chartered Accountants
of India (ICAI).
7. Drilling Engineer
It’s quite likely you haven’t heard about this job known as
Drilling Engineer before. Quite understandable. Drilling engineer is a very
specialized profession that requires equally specialized qualifications.
To explain a bit. Drilling engineers work on oil rigs and create
oil wells for mining crude oil. Since most oil rigs are offshore, either on
high seas or rivers as well as in remote areas, the job can be pretty taxing.
The Indian government and its various companies such as Oil
India Ltd are among the topmost recruiters of drilling engineers. Private oil
and natural gas exploration companies that are flourishing nowadays also hire
drilling engineers.
Median monthly pay of a drilling engineer is about Rs.2,50,000.
The amount can vary depending upon the employer and location of posting.
To work as a drilling engineer, you’ll require a Bachelor of
Technology or Master of Technology degree in Petroleum Engineering.
This in itself is a very specialized field. Only Indian
Institute of Technology and few other state-owned universities offer Petroleum
Engineering courses in India.
Educational Qualifications: B-Tech or M-Tech in Petroleum
Engineering from IIT or any reputed university.
8. Artificial
Intelligence Professionals
Artificial Intelligence or AI is a developing field in India and
most parts of the world this is the reason that it comes under highest paying
jobs in India. In simple terms, AI refers to human processes that a machine or
robot can replicate.
This involves programming computers and devices to process
information like the human brain and respond like a real human to various
situations.
India is facing an acute shortage of AI professionals. These
include everyone from AI creators to AI programmers and AI engineers.
That’s because Artificial Intelligence courses are very rare in
India. Usually, most AI techies are graduates of American universities.
As AI professional, you can expect monthly pay of at least
Rs.600,000. And employers are some of the topmost IT firms of the world such as
IBM, Cisco, and Accenture, among others.
In coming years too, AI professionals will remain in high
demand. That’s because AI has various uses, from simple customer service to
complex defense and aerospace applications.
Educational Qualifications: Software Engineering with Specialized
AI courses.
9. Executive Chef
If churning up mouthwatering dishes is your forte, it’s possible
to get this coveted and highest paying job in India as executive chef.
By any standards, an executive chef is one of the most
prestigious jobs too. Usually, executive chefs work for topmost
hotels and resorts or niche restaurants.
Monthly pay for the executive chef in India varies between
Rs.500,000 to Rs.2 million. It depends on your skills, experience and hotel
chain or restaurant where you’ll work.
Other than creating delectable dishes from various cuisines of
the world, an executive chef is also expected to function as a nutritionist.
They have to know the nutritional value of the food or dishes they’re cooking
for guests.
Often, executive
chefs become celebrity chefs such as Sanjeev
Kapoor and host TV shows. In such cases, your income is unlimited. However,
executive chefs start as dishwashers and move on to kitchen porters.
Later, they work as a commis chef, chef-de-partie and sous chef
before graduating as executive chef. That’s because they’re required to know
every function at a hotel or resort kitchen.
Educational Qualifications: Bachelor of Culinary Arts from any
very reputable college such as government-run Institute of Hotel Management or
foreign institutes.
10. Editor-in-Chief
An editor-in-chief of any newspaper, TV channel, radio stations
or news portal is a very powerful position. It is also one of the most highly
respected professions in India.
Usually, chief editors have top political connections and also
speak directly with diplomats, industry captains, and other VIPs. O
n the flip side, they can face stiff penalties under the Indian
Penal Code if their media organization carries some news that violates any law.
And sadly, such laws are ambiguous.
At the same time, the job of an editor-in-chief is also risky.
They can be targeted and killed by criminals or terrorists. They can face court
charges from anyone who’s opposed to any news carried by their media outlet.
That’s the reason editor-in-chief gets the median
monthly salary of Rs.500,000 plus perks. The amount can be
slightly lower or higher depending upon the employer and location.
Usually, an editor-in-chief also has to move up the echelons.
They start as cub reporters or trainee sub-editors or even proofreaders. Over
the years they get promotions and gather excellent contacts to qualify as
editor-in-chief.
Educational Qualifications: No Specific Qualifications. Nowadays,
some media houses prefer candidates with a Bachelor’s degree in journalism and
mass communications.
Closing
Thoughts
The above list of highest jobs is for professionals only. As you
can see, some of them require special skills or qualifications.
It’s worth remembering that mere qualifications won’t get you
any highest paying job in India: you’ll require superb skills and
excellent experience that comes over the years.
Anyone can get qualifications. But it requires intense efforts
to become the best and stand out among the crowd. If you’re interested in
getting one of the highest paying jobs in India, start working towards this
goal right now. It takes time to get there.
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