Top 16 Highest Paying Salary Jobs in India per Month 2023

Finding a job that pays well is of utmost significance to the majority of people in today’s society. Not only does a well-paying job provide financial stability, but it also instils confidence and a sense of security. In India, the employment market is in a perpetual state of change, with new sectors growing and an ever-increasing demand for competent individuals. As a result, it becomes challenging to identify the highest-paying jobs in India.

So, we are here to help you. Here is a comprehensive list of the top 16 highest-paying jobs in India. To compile this list of high-paying salary jobs, we have extensively researched and analyzed various sources, including job portals, industry reports, and salary surveys.

Further, we have considered multiple factors such as job demand, industry growth potential, and average salaries to ensure that the jobs listed here are high paying and have a promising future.

Whether you are a recent college graduate searching for your first job or an experienced professional seeking great career opportunities, this post will give you valuable information on the highest-paying jobs in India. Thus, enabling you to make informed decisions regarding your career growth and financial stability.

16 Highest Paying Jobs in India for Better Salary & Career Growth 2023 

The below table mentions the highest-paying jobs in India with their salary.

1. Chartered Accountancy

Chartered Accountant is one of the most recognized and highest-paying jobs in India. A CA is a professional who advises customers on financial matters and taxes. As Chartered Accountants, they provide their services to individuals, firms, or other types of organizations. They are accountable for ensuring that all monetary norms and statutory tax requirements are followed.

To become a CA in India, one has to finish the CA Course provided by the Institute of Chartered Accountants of India (ICAI). This course consists of three levels: the Foundation, the Intermediate, and the Final along with three years of mandatory Articleship. After completing the required training and tests, one may get a Chartered Accountant (CA) designation.

• Salary: In India, the CA salary in India for a fresher is about 8-10 lakhs 
• Employer: PwC, Deloitte, E&Y, KPMG, and other firms

2. Cost & Management Accountant

Cost & Management Accountants (CMA) is one of India’s highest-paying professions in India. A Certified Management Accountant is a professional responsible for managing and controlling expenditures within a business. They provide management with financial knowledge and insight and aid firms in making educated choices on pricing, investments, and resources.

In India, one must finish the Institute of Cost Accountants of India’s CMA course to become a Cost & Management Accountant. The curriculum has three stages: Foundational, Intermediate, and Fina and after completing all three levels, you can be a CMA.

• Salary: An estimated CMA salary in India ranges from 2.7- 13 Lakhs INR with an average salary of 8 Lakh INR per annum.  
• Employers: Infosys, Tata Group, Reliance Industries

3. Medical Professionals

Given the crucial role they play in safeguarding the health and well-being of the people, medical professions are among the highest-paying professions in India. Medical Professionals consist of physicians, surgeons, nursing staff, and other medical personnel who work in hospitals, clinics, and other medical institutions.

They are responsible for diagnosing and treating various diseases and injuries, providing medical care to patients, and ensuring that medical operations are performed safely and successfully. They may work in several specialities, including cardiology, neurology, and cancer.

A medical degree from a reputed college and many years of study and practical experience are generally required to become a Medical Professional in India. The medical education system in India is tightly regulated, and prospective medical professionals must pass difficult admission tests and fulfil other prerequisites to be admitted to medical school.

• Salary: Estimated salary 2.4-25 Lakhs INR with an average of 7.7 Lakhs per annum.
• Employers: Apollo Hospitals, Max Healthcare, Fortis Healthcare

4. Machine Learning Experts

With the rising need for data-driven decision-making and automation in sectors such as banking, healthcare, and e-commerce, Machine Learning specialists are one of the highest-paying careers in India. Experts in machine learning use artificial intelligence and statistical models to construct and train algorithms that can identify outcomes or categorize data.

Machine Learning Professionals often use Python, R, and TensorFlow to create and apply algorithms on massive datasets. They work alongside engineers, data scientists, and other stakeholders to design and construct models that may be incorporated into software systems or business processes.

In India, being a Machine Learning Expert normally involves a bachelor’s degree in computer science, mathematics, or a related discipline. Furthermore, substantial expertise in programming, data analysis, and machine learning techniques is also required. Master’s or doctoral degrees in a relevant discipline may also be recommended.

• Salary: Estimated salary of 3- 21 Lakhs INR  
• Employers: Amazon, IBM, Microsoft, Google

5. Business Analyst

Business Analyst is among the top 10 highest-paying professions in India, particularly in the IT and software development industries. These specialists assist firms in identifying their requirements, issues, and development prospects. They collaborate with groups to create strategies for enhancing company operations, maximizing performance, and boosting income.

A Business Analyst’s basic responsibilities are understanding business needs, collecting and analyzing data, and generating suggestions based on insights. They collaborate extensively with stakeholders and end-users to comprehend company objectives and provide solutions fulfilling those requirements. Moreover, they have an important role in ensuring that corporate processes, systems, and products meet the required goals and standards.

To become a Business Analyst., a bachelor’s degree in a related topic, including economics, business administration, computer science, or engineering, is necessary. Moreover, many companies prefer applicants with credentials like Certified Business Analysis Professional (CBAP) or Certified Business Analysis Thought Leader (CBATL).

• Salary: An estimated salary range can be 2.6- 15.4 Lakh INR per annum, with an average salary of 7 Lakh INR per annum. 
• Employers: Capgemini, Deloitte, Accenture, Cognizant 

6. Data Scientist

Data scientists use their analytical and technological expertise to extract insights from vast volumes of data, which they then use to guide business choices. They operate in several areas, including banking, healthcare, marketing, and technology.

A degree in statistics, computer science, or a related discipline is often required to become a data scientist. Yet, alternative educational pathways exist, including boot camps, online courses, and self-study. The essential qualifications for a data scientist are competence in programming languages including Python, knowledge of data analysis tools such as SQL and Excel, and good communication and problem-solving skills.

• Salary: 3.6- 26 INR Lakhs per annum
• Employers: Amazon, Microsoft, Flipkart, Reliance

7. Blockchain Developer

Blockchain technology is a decentralized, tamper-proof mechanism for keeping records. As blockchain’s popularity continues to rise, so has the need for qualified blockchain developers surged substantially. In India, blockchain developers are among the highest-paid technology specialists.

Becoming a blockchain developer often requires a solid background in computer science or a similar subject and familiarity with programming languages such as Java, Python, and Solidity. A comprehensive knowledge of encryption and distributed systems is also essential. 

• Salary: An estimated salary can be Rs 7 Lakhs making blockchain development one of the most lucrative job paths available in India’s technology sector.
• Employers: IBM, Accenture, Microsoft

8. Investment Banker

Investment bankers are financial experts who help firms and governments raise funds by issuing and selling securities. In addition, they provide customers with strategic counsel on mergers and acquisitions, divestitures, and other complicated financial transactions.

You’ll need a bachelor’s degree in finance, economics, business administration, or a related discipline to become an Investment banker. Several investment bankers have higher degrees as well, such as an MBA. A professional qualification, like Chartered Financial Analyst (CFA) title, may further enhance your credentials.

• Salary: In India, Investment Bankers are among the country’s highest-paid professions. Annual salary ranges from Rs 4 to 34.7 Lakh. 
• Employers: JP Morgan, Goldman Sachs, Citigroup, and Morgan Stanley.

9. Bank PO (Probationary Officer)

A Bank Probationary Officer (PO) is a management post within the banking industry, and it is one of the most demanded positions in India. Bank POs are accountable for managing client interactions and maintaining compliance with banking rules. In addition, they play an essential role in generating revenue for the bank and improving the customer experience.

SBI PO is among the highest-paying government jobs in India. Therefore, to become a Bank PO, you must have a bachelor’s degree from a reputable institution in any discipline. You must also pass the Bank PO examination, which includes a written examination, and a group discussion, followed by an interview. In addition, you must be competent in computers and possess excellent communication skills. 

• Salary: Rs 41960 as basic pay, followed by four increments. 
• Employers: Reserve Bank of India, Bank of Baroda, ICICI Bank, Punjab National Bank

10. Full Stack Software Developer

Full Stack Software Development is among the highest-paying careers in India and a well-liked career option among individuals. These developers are responsible for designing, creating, and supporting client- or end-user-focused software programs. Further, they use several technologies, such as front-end web development, back-end server development, and database administration.

To become a Full Stack Software Developer, you must have excellent coding abilities and in-depth knowledge of software development concepts and technologies. Most Full Stack Developers have a bachelor’s or master’s degree in computer science or a closely related subject, as well as software development or programming expertise.

• Salary: Rs 5- 16 Lakhs per annum 
• Employers: Wipro, Infosys, TCS, Accenture

11. Marketing Manager

Marketing Management is one of the well-paid professions in India and an attractive job option among the youth. Such managers are responsible for creating and executing marketing strategies that assist businesses in achieving their objectives. Further, they collaborate with teams from various departments, including product development, sales, and advertising, to design and execute effective marketing initiatives.

To become a Marketing Manager, you must possess excellent analytic and creative abilities and in-depth knowledge of customer behaviour and market trends. The majority of Marketing Managers have a master’s degree in marketing, business administration, or a similar discipline, in addition to marketing, advertising, or product management expertise

• Salary: Rs 2.2 – 22 Lakhs per annum
• Employers: Hindustan Unilever, Amazon, Google, Flipkart 

12. Management Consultant

Management Consulting is among the highest-paying jobs in India, and lakhs of people have chosen to pursue it as a career. These management consultants are accountable for assisting firms in achieving their strategic objectives and enhancing their performance. Also, they assist with strategy, operations, and organizational design for customers across various sectors.

To become a Management Consultant, you must possess excellent analytical and problem-solving abilities and a comprehensive knowledge of corporate strategy and operations. Also, most consultants have a bachelor’s or master’s degree in business administration or a similar subject and consulting, business analysis, or project management expertise.

• Salary: 5.7 – 40 Lakhs INR per annum
• Employers: Deloitte, Accenture, McKinsey & Company, Boston Consulting Services, Bain & Company  

13. Cloud Architect

In India, Cloud Architecture has become a fast-expanding sector, resulting in a strong need for Cloud Architects. Also, it is becoming among the highest-paying IT jobs in India.

Cloud Architects are responsible for creating and implementing cloud-based solutions that aid enterprises in reducing costs, increasing efficiency, and enhancing scalability. 

Further, they collaborate with cloud providers such as Microsoft Azure, Amazon Web Services (AWS), and Google Cloud Platform (GCP) to guarantee the effective adoption and maintenance of cloud-based solutions.

To become a Cloud Architect, a good background in computer science and information technology is important, or a similar discipline, as well as cloud computing training.

Most Cloud Architects have a bachelor’s or master’s degree in computer science or a closely related subject. Further, they have a certification in cloud computing technologies, such as AWS Certified Solutions Architect or Microsoft Certified Azure Solutions Architect.

• Salary: Approximately the salary is 7 to 40 lakhs INR per annum.
• Employers: IBM, Amazon Web Services, Microsoft Azure, Google Cloud Platform

14. Product Management

Product Management has become one of India’s most demanded and well-paid jobs after an MBA. They develop and manage products that satisfy customer needs and stimulate business expansion. They collaborate with engineers, designers, marketers, and cross-functional teams to guarantee the launch and continuous success of products.

To succeed as a Product Manager, one must possess good communication and interpersonal skills, as well as a comprehensive understanding of product development, business strategy, and marketing. Most Product Managers have a degree in business administration, engineering, or a similar discipline, in addition to product development, marketing, or sales expertise.

• Salary: Approximate annual average salary can be 10-25 Lakhs INR. 
• Employers: Amazon, Tata Consultancy Services, Flipkart, Ola

15. Artificial Intelligence (AI) Engineer

Artificial Intelligence (AI) has become a fast-expanding industry in India, creating a significant need for AI Engineers. Therefore, if you are looking for a high-paying software job in India, then AI Engineer is a good option.

AI Engineers are responsible for creating, developing, and applying artificial intelligence and machine learning systems capable of automating activities, analyzing data, and improving business processes.

A person must have a solid computer science, mathematics, statistics, and programming foundation to become an AI Engineer. Usually, AI Engineers have a bachelor’s or master’s degree in computer science or a similar subject, combined with specific training in AI and machine learning.

• Salary: Average salary may be variable; an estimated value can be 10-20 lakhs per annum.
• Employers: Infosys, Microsoft, Accenture, IBM

16. Master Chef

Master chefs are culinary professionals who have accomplished the pinnacle of their careers. They are accountable for creating and executing innovative and delicious food menus that attract diners. Moreover, it has become among the highest-paying jobs in India due to the exponential increase in demand for master chefs.

To become a master chef, one must be ambitious in cooking and food. Most master chefs hold a bachelor’s degree in hospitality management, culinary arts, or a related field. Different techniques, styles, and cuisines are taught through rigorous training. Experience is an essential key for this field, and most master chefs have worked in multiple restaurants before becoming master chefs. 

• Salary: The average annual salary of a master chef can vary based on location, restaurant rating, and client base. Approx salary can be 8-15 lakh INR.
• Employers: Marriott International, ITC Hotels, The Oberoi Hotels and Resorts, The Taj Group of Hotels

Highest Paying Jobs in India after 12th

Here is the list of the highest-paying jobs in India after the 12th:

Highest Paying Jobs in India for Freshers

The below list mentions the highest paying jobs in India for a fresher:

Highest Paying Government Jobs in India

A few of highest paying government jobs in India are as follows:

Highest Paying IT Jobs in India

A few of the highest-paying software jobs in India are as follows:

Highest Paying Jobs in India for Girls

Some high-paying jobs in India for girls are as follows:

4 Key Factors Affecting Salary in India

The salaries of various professions and job roles vary depending on factors like industry, location, qualification and experience. These crucial factors that can affect your salary are discussed below in detail.

1. Industry

The industry in which a person works has a substantial effect on deciding their wage. In general, industries such as information technology, banking, and finance give greater pay than others. This is because these businesses require specific skills and expertise, resulting in a strong demand for talent and higher compensation.

2. Location

The location of a person’s employment has an impact on their compensation. The incomes in metropolitan cities like Mumbai, Bangalore, and Delhi are higher than those in smaller towns and cities. Apart from being the business hub of India, employers provide higher salaries due to the high cost of living to attract and retain talent.

3. Qualification

The degree of education and credentials an individual possesses also have a vital effect in deciding their wage. Generally, persons with advanced degrees and specialized credentials, such as MBAs, CAs, or PhDs, are more likely to earn higher incomes than those with basic qualifications.

4. Experience

Lastly, experience is another significant component that affects an individual’s compensation. People with more years of work experience in their area are likely to receive better incomes than those with less experience. This is because experienced professionals contribute more skills, knowledge, and expertise to their positions, increasing their value to companies.

Tips for Landing a High-Paying Job in India

Here are a few tips that can help job seekers to get the highest-paying jobs in India are as follows:

1. Networking 

Networking is vital for gaining a well-paying position in India. Use online networking platforms, professional organizations, and industry events to interact with professionals in your sector. Further, visit career and job fairs to network with future employers and create a positive impression.

2. Job Searching Strategies

For increasing your chances of getting a high-paying job, being smart in your job hunt is important. Use internet job boards and search engines to discover appropriate job openings. Further, customize your CV and cover letter to the position you’re going for, and submit your application as soon as possible to enhance your chances of getting selected for an interview.

3. Keep Building Your Soft & Hard Skills

Employers in India want qualified professionals who can perform effectively on the job. Therefore, you should develop important soft and hard skills that are required to succeed in your work. Consider enrolling in extra courses or acquiring certifications to strengthen your skills and stay abreast of the newest industry trends and developments.

4. Prepare For The Interview

Do research on the organization and the role you are applying for prior to the interview. Further, prepare answers to frequent interview questions that showcase your talents and expertise. Also, dress appropriately and reach on time for your interview.

5. Professionalism & Soft Skills

Employers in India generally want candidates with high professionalism and great soft skills, including communication, teamwork, and leadership. Hence, emphasize these abilities on your résumé and throughout the interview. Be respectful, kind, and professional in all interactions with potential employers, and convey your appreciation for the opportunity following the interview.

Conclusion

India offers a range of well-paying employment opportunities in several industries. These highest-paying jobs in India include technology, finance, healthcare, and management positions. These positions demand expert knowledge, experience, and education and pay well to those who qualify.

As India continues to expand and prosper, the need for these above-mentioned well-paying positions is set to rise in the coming years. Moreover, anybody with the appropriate education and skills can pursue a career in these sectors and obtain a well-paying position. Although a high income is a tempting incentive, it must not be the sole factor. Finding a profession matching one’s talents, interests, and beliefs is crucial to long-term career success and satisfaction.

Check out: Courses after 12th to gather information regarding your favourite profession.

Frequently Asked Questions

Ques 1. Which job has a 1 lakh salary per month in India?

RBI Grade- B, Civil Services, NDA, and Merchant Navy are a few jobs where you can earn a 1 lakh salary per month in India. 

Ques 2. Can a doctor earn 1 crore per month in India?

No, a doctor cannot earn 1 crore per month in India. 

Ques 3. What is the highest salary in the Indian government?

Rs 500,000 per month is the highest salary in the Indian government. 

Ques 4. What is a good salary in India?

A good salary in India is Rs 3 Lakh per month.

Ques 5. What are the most profitable professions in India? 

The most profitable professions in India are Civil Services, Doctors, Chartered accountants, and Product Managers.

Ques 6. What are the highest-paying jobs in India without a degree?

Event Planners, Real Estate Managers, Translators and Dog Trainers are the high-paying jobs in India you can do without a degree. 

Ques 7. What are the highest paying courses after 12th commerce?

The Highest paying courses after 12th commerce are CA, MBA, CMA, CS, Digital marketing etc. To know more about courses after 12th commerce click on the given link.