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Top 10 most demanding jobs in India in 2024
| Professions / Jobs | Average Salary Per Annum (2024) | Highest Salary Per Annum (2024) |
|---|---|---|
| Medical Professionals | ₹10 Lakhs | ₹20 Lakhs |
| Data Scientist | ₹14.4 Lakhs | ₹70 Lakhs |
| Machine Learning Experts | ₹8.7 Lakhs | ₹20 Lakhs |
| Blockchain Developer | ₹9 Lakhs | ₹45 Lakhs |
| Full Stack Software Developer | ₹7.9 Lakhs | ₹15 Lakhs |
| Product Management | ₹21 Lakhs | ₹37 Lakhs |
| Management Consultant | ₹13 Lakhs | ₹38 Lakhs |
| Investment Banker | ₹17 Lakhs | ₹45 Lakhs |
| Chartered Accountant | ₹11 Lakhs | ₹30 Lakhs |
| Marketing Manager | ₹12 Lakhs | ₹22 Lakhs |
1) Medical Professionals (Doctors & Surgeons)
The healthcare industry in India, encompassing both public and private sectors, is expanding rapidly due to technological advancements and increased healthcare demands. It offers some of the highest-paying jobs in the country.
- Salary: Medical professionals in India typically earn an average salary of around 10 LPA. Over 25% of doctors earn more than 20 LPA. For instance, General Physicians earn approximately Rs. 7,14,092 per annum, while General Surgeons can earn up to Rs. 11,97,412 annually.
- Educational Qualification: A M.B.B.S degree from a Medical Council of India (MCI) recognized institution is mandatory. Specializations like M.D. or M.S. can further enhance career prospects.
- Skills: Critical thinking, compassion, communication skills, and attention to detail are essential for medical professionals.
- Job Profile: Medical professionals diagnose illnesses, prescribe treatments, and oversee patient care, collaborating with healthcare teams for optimal patient outcomes.
- How to Become a Medical Professional: Aspiring doctors need to pass the relevant entrance exams such as NEET, AIIMS, or state-level equivalents, followed by specialized postgraduate studies.
- Top Employers: AIIMS, Apollo, Fortis, Max Healthcare, and Columbia Asia are among the top employers in this sector.
2) Data Scientist
Data science is in high demand across various sectors because it derives insights from data for business decisions.
- Salary: Data scientists in India initially earn between 7 – 12 LPA, with experienced professionals commanding wages up to 60 – 70 LPA.
- Educational Qualification: A degree in fields like Computer Science, Mathematics, or Statistics is typically required. Specialized certifications and practical experience are advantageous.
- Skills: Proficiency in programming languages like Python, statistical analysis, and machine learning frameworks are essential for data scientists.
- Job Profile: Data scientists collect, clean, and analyze large datasets to extract valuable insights, aiding strategic decision-making within organizations.
- How to Become a Data Scientist: Candidates can pursue specialized courses in data science and gain practical experience through projects and competitions like Kaggle.
- Top Employers: Amazon, Walmart Labs, Procter & Gamble, and various tech firms are prominent employers of data scientists in India.
3) Machine Learning Engineer
Machine learning, a subset of AI, is increasingly applied across industries like IT, healthcare, finance, and more.
- Salary: Machine learning engineers in India earn an average salary of ₹876,859 annually, with senior professionals earning up to ₹2,048,718 per annum.
- Educational Qualification: A degree in Computer Science, Mathematics, or Data Science is preferred, along with proficiency in programming languages and ML frameworks.
- Skills: Expertise in Python, deep learning, and strong statistical knowledge are crucial for machine learning engineers.
- Job Profile: Machine learning engineers develop algorithms that enable machines to learn from data and improve their performance over time.
- How to Become a Machine Learning Expert: Professionals with a background in software development or data science can upskill with courses in machine learning and gain practical experience.
- Top Employers: Accenture, IBM, Quantiphi, and IT giants are major recruiters of machine learning experts in India.
Read in detail: TOP LANGUAGES FOR YOU TO MASTER AI AND MACHINE LEARNING 4) Blockchain Developer
- Salary: Blockchain developers in India earn an average salary of ₹9,21,938 annually, with salaries ranging significantly based on experience and skills.
- Educational Qualification: A degree in Computer Science or related fields is preferred, with proficiency in blockchain platforms and smart contract development.
- Skills: Knowledge of blockchain architecture, cryptography, and proficiency in platforms like Ethereum and Hyperledger are essential for blockchain developers.
- Job Profile: Blockchain developers design, develop, and maintain blockchain solutions, ensuring security and efficiency in decentralized applications (DApps).
- How to Become a Blockchain Developer: Candidates can acquire skills through specialized courses and gain hands-on experience in blockchain development.
- Top Employers: Companies like Auxesis, Primchain, and SoluLab are prominent employers seeking blockchain expertise in India.
5) Full Stack Software Developer
The IT sector in India is booming, driving demand for versatile developers who can handle both front-end and back-end development.
- Salary: Full stack developers in India earn between ₹500,858 to ₹1,575,000 annually, depending on experience levels.
- Educational Qualification: A degree in Computer Science or related fields, coupled with proficiency in programming languages and web development frameworks.
- Skills: Expertise in both front-end (HTML, CSS, JavaScript) and back-end (Node.js, Python, Java) development, along with knowledge of databases and APIs.
- Job Profile: Full stack developers create and maintain complete web applications, integrating user-facing elements with server-side logic.
- How to Become a Full-Stack Developer: Candidates can enrol in full-stack development programs and gain practical experience through internships and projects.
- Top Employers: Companies like Google, IBM, and Dell are among the top recruiters of full-stack developers in India.
6) Product Management
- Salary: Product managers in India earn an average salary of ₹7-8 LPA for entry-level positions, rising up to ₹37-36 LPA for experienced professionals.
- Educational Qualification: A bachelor’s degree in business administration or related fields is common, with advanced degrees and certifications enhancing career prospects.
- Skills: Strong market research, product planning, and leadership skills, coupled with a deep understanding of customer needs and business strategy.
- Job Profile: Product managers oversee the development, launch, and improvement of products, aligning market demands with organizational goals.
- How to Become a Product Manager: Aspiring product managers can gain experience through roles in marketing or project management, supplemented by specialized courses.
- Top Employers: Companies like Amazon, Flipkart, and Ola offer lucrative opportunities for product management professionals in India.
7) Management Consultant
The management consulting industry supports businesses in strategy, operations, and organizational improvement, contributing significantly to economic growth.
- Salary: Management consultants in India earn an average salary of ₹6 – 7 LPA at entry level, rising to ₹28 – 38 LPA for experienced consultants.
- Educational Qualification: A bachelor’s or master’s degree in business administration, Economics, or related fields, often supplemented by management consulting certifications.
- Skills: Analytical thinking, problem-solving, and strong interpersonal skills are essential for working with diverse clients and teams.
- Job Profile: Management consultants provide advisory services to improve organizational efficiency, strategy, and performance.
- How to Become a Management Consultant: Candidates typically pursue advanced degrees like MBA, gain relevant work experience, and obtain certifications in management consulting.
- Top Employers: Consulting firms like McKinsey, BCG, and Deloitte are major employers of management consultants in India.
8) Investment Banker
Investment banking is renowned globally as one of the highest-paying careers. Portrayed often in Hollywood and Bollywood, this role involves guiding clients, such as banks or firms, to make lucrative investment decisions. It ranks among India’s most sought-after professions, offering substantial financial rewards and the prestige of managing substantial funds.
- Salary: Investment Bankers in India earn salaries ranging from 4 LPA to as high as 40 LPA, making it one of the top-paying jobs in the country. Entry-level salaries start around 10 – 12 LPA, while experienced professionals can earn upwards of 30 LPA. According to Glassdoor, top companies in India offer competitive salary packages for Investment Bankers:
Location-based Salary:
- New Delhi: ₹20.00 Lakhs
- Pune: ₹20.00 Lakhs
- Mumbai: ₹15.00 Lakhs
- Bangalore: ₹9.00 Lakhs
- Chennai: ₹8.00 Lakhs
- Hyderabad: ₹10.00 Lakhs
- Gurgaon: ₹15.00 Lakhs
- Noida: ₹14.00 Lakhs
Educational Qualification
Aspiring Investment Bankers typically hold a bachelor’s degree in finance, Economics, Mathematics, or Business Administration, with many pursuing advanced degrees for career advancement.
Skills
To excel in investment banking, candidates need:
- Proficiency in financial analysis and modeling
- Strong research capabilities for investment recommendations
- Excellent communication and presentation skills
- Ability to thrive in a fast-paced, demanding environment
Job Profile
Investment Bankers offer an array of financial services, including proprietary trading, securities trading, mergers and acquisitions (M&As), and facilitating capital raising through debt or equity issuance.
Responsibilities
- Develop financial models for valuation in mergers, acquisitions, and capital-raising transactions.
- Advise clients on investment opportunities and strategic financial decisions.
- Cultivate and maintain client relationships to ensure long-term business partnerships.
How to Become an Investment Banker?
Most professionals pursue an MBA with a specialization in Finance or Investment Banking. Alternatively, focused training programs and certifications offer practical skills necessary for success in this competitive field.
Top Employers
Leading global and domestic firms hire Investment Bankers for their expertise:
- Goldman Sachs
- JP Morgan Chase
- Citibank
- Deutsche Bank
- HSBC
- Axis Capital Ltd.
- ICICI Securities Ltd.
- IDBI Capital
9) Chartered Accountant
A Chartered Accountant (CA) is among the highest-paying professions in India, Chartered Accountants are members of the ICAI (Institute of Chartered Accountants of India), the national accounting body. In 2018, India had about 2.82 lakh CAs, yet faces a significant shortage with only 1.25 lakh full-time practitioners serving 6.8 crore taxpayers annually.
Salary
Experienced CAs with 3-4 years in the field earn between 8 to 12 lakhs annually, with international salaries reaching up to Rs. 75 LPA. Here are some examples of salary scales for CAs at various companies:
- Location-based Salary:
- Bangalore: ₹11.63 Lakhs
- Kolkata: ₹9.44 Lakhs
- Gurgaon: ₹9.03 Lakhs
- Chennai: ₹9.99 Lakhs
- Mumbai: ₹11.78 Lakhs
- New Delhi: ₹10.69 Lakhs
- Hyderabad: ₹10.57 Lakhs
- Pune: ₹11.32 Lakhs
Educational Qualification
Candidates typically require a bachelor’s degree in commerce, with a minimum of 55% marks or equivalent qualifications. Graduates from other disciplines may also pursue the CA course with a 60% cut-off percentage.
Skills
Essential skills for CAs include strong communication for conveying financial complexities, industry awareness for effective client interactions, and robust numerical and analytical abilities for data-driven decision-making.
Job Profile
CAs work across industries, providing essential financial services such as accounting, taxation, and audit, playing a crucial role in navigating complex financial regulations and reforms.
Responsibilities
- Maintain accurate financial records and prepare statements.
- Implement and oversee accounting systems and procedures.
- Generate monthly financial reports and reconcile income statements.
- Conduct audits and provide taxation services.
How to Become a Chartered Accountant?
The CA course, regulated by the ICAI, consists of four key stages: the Common Proficiency Test, the Integrated Competence Professional Course, a three-year article ship or training under a practicing CA, and the CA Final examination.
Top Employers
Top firms hiring CAs include:
- Standard Chartered
- Deloitte
- KPMG
- Ernst & Young
- BDO International
- Grant Thornton International
10) Marketing Manager
Marketing is integral to every business sector, driving growth through digitalization and technological advancements. India’s Digital Marketing industry is poised to exceed INR 225 billion by 2020, creating over 20 lakh jobs. Companies seek Marketing Managers who can enhance organizational value through strategic marketing initiatives.
Salary Breakdown
Here’s a snapshot of average salaries for Marketing Managers in various Indian companies:
- Location-based Average Salaries:
- Bangalore: ₹11.30 Lakhs
- Gurgaon: ₹11.00 Lakhs
- Mumbai: ₹10.72 Lakhs
- New Delhi: ₹10.22 Lakhs
- Chennai: ₹10.92 Lakhs
- Pune: ₹9.48 Lakhs
- Kolkata: ₹8.68 Lakhs
- Hyderabad: ₹11.55 Lakhs
Educational Requirements
Marketing Managers typically hold a bachelor’s degree in Marketing Management, Business Administration, or related fields. Candidates with backgrounds in Accounting, Finance, Business Law, Economics, or Statistics can also excel in this role. Advanced degrees such as an MBA are highly valued.
Skills
- Effective communication and interpersonal skills
- Strategic planning and problem-solving abilities
- Team leadership and collaborative mindset
- Strong sales and negotiation skills
Job Responsibilities
Marketing Managers oversee market research, analyze demand, set pricing strategies, identify target audiences, and select appropriate marketing channels. They build brand awareness through various strategies and tools, monitor campaign success, and drive sales goals.
How to Become a Marketing Manager?
Start with a bachelor’s degree in marketing or a related field, gain industry experience in entry-level roles, and pursue an MBA for advanced career prospects. upGrad offers premium certification courses like MBA from Deakin Business School and BIMTECH PGDM.
Top Employers
- IBM
- Amazon
- Flipkart
- Tata Consultancy Services (TCS)
- Tata Motors
- Vodafone
- Airtel
Read in detail: HOW TO BECOME A GAME DEVELOPER? Conclusion
These jobs offer diverse career paths with opportunities for growth, competitive salaries, and the chance to make a significant impact in their respective fields. Whether you’re a tech enthusiast, finance professional, or healthcare expert, these roles cater to various interests and skill sets in India’s dynamic job market.
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