Top 10 Highest Paying Jobs 2023
Top 10 Highest Paying Jobs for 2023 are-
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- Software Architect
- Surgeon
- Solutions Architect
- Architect
- Product Manager
- Data Scientist
- Marketing Manager
- Investment Analyst
- Chartered Accountant
- Machine Learning Engineer
The Indian job market is constantly changing. Traditional careers such as ‘Engineer’, ‘Doctor’, and ‘Architect’, have an established space but there are a number of new entrants as well.When there are multiple options available, choosing the right one can be slightly confusing. But let’s face it, money is a great motivator! Therefore, if your question is ‘Which job has highest salary in India?’ or want to know the ‘best paying jobs in India’ or the ‘highest paying jobs in India’, then we have the answers.
List of Top 10 Highest Paying Jobs In India 2023
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Note: The average and base salary can vary depending on the company, location, and work experience.Key Highlights
Here are some of the key observations about the top 10 highest paying jobs in India –
- While traditional careers such as chartered accountancy and engineering are still relevant, there are new entrants such as Data Engineers, Investment Analysts, Marketing Managers, etc.
- The average and starting salary will be much higher in Tier-1 cities such as Bangalore, Mumbai, Hyderabad, etc.
- STEM (Science, Technology, Engineering, Math) based careers are still on top when it comes to pay package
- Greater the experience, higher is the salary and can include stock options, bonuses, profit sharing commissions, etc. Your graduate school can also impact your salary
Top 10 Highest Paying Jobs 2023 – Detailed Analysis
1. Software Architect
The first in our list of highest paid jobs is that of a Software Architect. They earn an average base salary of Rs. 27 lakh p.a. with a starting salary of around Rs. 14 lakh p.a.
- Roles and responsibilities include –
- Create efficient solutions for software related concerns.
- Interact with product managers and clients to model and design the software solution.
- Review codes regularly to ensure quality and prevent complicated structure.
- An undergraduate degree in computer science or a related field may be necessary.
- A master’s degree in a similar field will also be beneficial.
- Familiarity or knowledge of operating systems such as HTML, JavaScript, C++, etc. is an added advantage.
- Top recruiters include Philips, Wipro, Bosch, IBM.
- On an average, software architects can earn around 8% more in Bangalore as compared to the national average, followed by Pune and Hyderabad.
2. Surgeon
One of the most reputed jobs in the world, being a doctor or surgeon is a dream for many. Surgeons earn an average base salary of Rs. 25 lakh p.a. with an average starting salary of Rs. 2 lakh and is second in our list of top 10 highest paying jobs in India.
- Roles and Responsibilities include –
- Perform surgeries and related procedures for patients.
- Diagnose and advise patients on the need for surgery.
- Review the patient’s medical history and suggest accurate treatments.
- Aspirants must first clear the necessary medical entrance exams and earn an M.B.B.S degree.
- A postgraduate degree or M.D is needed.
- Additional specializations in your field of choice can be done based on interest and scope.
- Apollo Hospitals, Fortis, Manipal Hospitals, AIIMS are some of the top recruiters for Surgeons.
- They earn around 52% more in Delhi as compared to the national average followed by Mumbai.
3. Solutions Architect
Does planning and building new systems to help run a business smoothly sound exciting? Then becoming a Solutions Architect is the ideal option.
These professionals earn an average base salary of Rs. 25 lakh p.a. with a starting salary of Rs. 10 lakh p.a.
- Roles and Responsibilities include –
- Convert business objectives and goals into practical, actionable steps.
- Create, design, and implement various solutions and arrangements within a business.
- Help the development team understand the project’s vision while handling responsibility for the solution’s future updates.
- A bachelor’s degree in computer science, software engineering, or information technology is required.
- Being creative, having good leadership and problem solving skills is also important.
- One should also be knowledgeable about the latest software and technology.
- TCS, Ericsson Inc., Cognizant, IBM, Wipro etc., are top recruiters for Solutions Architects in India.
- On an average, they can earn 9% more in Bangalore as compared to the national average, followed by Gurugram and Pune.
4. Architect
A highly coveted career option, Architects plan and develop designs for buildings.
They earn an average base pay of Rs. 20 lakh p.a. with a starting average salary of Rs. 3 lakh p.a.
- Roles and responsibilities include –
- Design projects from concept to development based on the clients’ requirements.
- Determine environmental impact of said plan and compile reports on feasibility.
- Ensure that designs are in compliance with environmental as well as other safety standards.
- Complete projects within the assigned time and budget.
- A bachelor’s degree in Architecture or B.Arch is required. A post graduate degree is helpful as well.
- Expertise in Adobe InDesign and other similar software is important.
- Prestige Group, Sobha Limited, Godrej Properties are some of the top recruiters for Architects.
- Architects in Mumbai earn 16% more than the national average, followed by New Delhi and Bangalore.
5. Product Manager
The fifth one in our list of top 10 highest paying jobs is that of a Product Manager. They earn an average annual salary of Rs. 15 lakh with a starting salary of Rs. 6 lakh p.a.
- Roles and Responsibilities include –
- Handle overall strategy as well as blueprint for a product.
- Improve product, handle all steps from conception to launch.
- Understand customer experience and improve product.
- Translate business goals to product strategies.
- Product Managers need to have a bachelor’s degree in any technical field such as computer science or engineering. A complimentary post-grad degree is also helpful.
- Amazon, Google, Infosys, Wipro are some of the top recruiters in India.
- Product Managers in Bangalore earn 11% more than their counterparts in other cities, followed by Chennai and Hyderabad.
6. Data Scientist
Data Scientists are analytical experts who earn an average salary of Rs. 10 lakh p.a. with an average starting salary of Rs. 5 lakh p.a. making this one of the highest paying IT jobs in India.
- Roles and Responsibilities include –
- Analyze raw data and find solutions to various business problems.
- Create customized statistical models as well as algorithms based on the data provided.
- Use the data to help make business decisions, predict the performance of a product or service, etc.
- This is an upcoming field that has immense potential for growth and remuneration.
- This field required engineers (BE/BTech) or graduates having a degree or certification in data science.
- Additionally, having some knowledge of basic programming languages such as Python, SQL is helpful.
- Accenture, TCS, Mu Sigma are some of the top recruiters for Data Scientists in the country.
- Those in Gurugram tend to earn the highest salary as compared to the national average. Bangalore and Delhi also offer a higher salary package to data scientists compared to other cities.
7. Marketing Manager
The 7th highest paying job in 2023 is that of a Marketing Manager. These professionals earn an average of Rs. 10 lakh p.a. with salaries starting at Rs. 4 lakh p.a.
- Roles and Responsibilities are –
- Create and implement plans to help the marketing efforts of the company.
- Join hands with various other teams, both internally and externally to deliver these plans.
- Evaluate the impact of these projects and make necessary changes.
- Aspirants should have a Bachelor’s in marketing related degrees such as Mass Communication, PR, Journalism, Advertising, etc.
- Post-Graduate degree such as an MBA or MA in Marketing or Mass Communication will also be helpful
- Most companies have a marketing division today making this job high in-demand. Top recruiters include Ogilvy, ITC Limited, Amazon, etc.
- Marketing Managers in Bangalore and Mumbai tend to earn much higher than those in the rest of the country
8. Investment Analyst
Investment analysts earn an average annual pay of Rs. 9.8 lakh p.a. with base pay starting at around Rs. 3 lakh p.a.
- Roles and Responsibilities –
- Monitor market trends and financial portfolios.
- Research, perform valuations, and appraise the market.
- Provide data which will be used by clients and businesses to make financial decisions.
- Provide financial recommendations to clients based on research and analysis.
- A Bachelor’s degree or post graduate degree in finance, accounting, or economics is recommended.
- Many aspirants today also go for specialized advanced certifications or an MBA.
- They are recruited by companies such as Accenture, TCS, and Ocwen Financial services.
- Investment analysts in Mumbai can enjoy a salary that is around 22% higher than the national average.
- It is important to note that the responsibilities of an investment banker differ from an investment analyst although the titles sound similar.
9. Chartered Accountant
Ninth in our list of top 10 highest paying jobs in 2023 is a highly lucrative profession. Chartered accountants earn an average of Rs. 9 lakh p.a. with a base starting salary of Rs. 4 lakh p.a.
Chartered Accountants (CA) are members of the ICAI (Institute of Chartered Accountants of India) which is the only national accounting body in the country.
- Roles and Responsibilities –
- Compiling accounting records and undertaking audits.
- Provide financial advise, manage budgets, and help with tax planning.
- Analyze and put together financial reports for a business.
- To be a CA, you need to be a commerce graduate or post graduate with a minimum percentage of 55% OR
- You need to be a student of the Institute of Company Secretaries of India and Institute of Cost Accountants of India and cleared the intermediate level.
- These exams are known to be hard to crack and require discipline and dedication.
- Chartered Accountants are recruited by firms such as EY, KPMG, Grant Thornton, etc.
- Bangalore would be a great place to work at from a pay scale perspective. Other cities offering a lucrative package are New Delhi and Chennai.
10. Machine Learning Engineer
Rounding off our list of top 10 highest paying jobs are Machine Learning Engineers. They earn an average salary of Rs. 8.5 lakh p.a. with a starting salary of Rs. 4 lakh p.a.
- Roles and Responsibilities –
- These engineers are a part of the data science team. They help to research and design AI for machine learning.
- They design software that is self-running to help machines perform in an automated manner.
- These engineers convert raw data into data science models that can be scaled or has scope for growth.
- An undergraduate degree in Engineering or other science based fields is important.
- Apart from this, applicants with a post graduate degree in Computer Science, Data Science, or even a specialized certificate course will be given preference by recruiters.
- Top recruiters include Google, Amazon, Infosys, etc.
- Machine Learning Engineers in Bangalore earn 21% more than their counterparts in other cities.
Factors Impacting Your Salary
Certain factors that have an impact on our salary. These include –
- Location
- Years of Experience
- Educational Qualification and Institution
- Economic Conditions and Market
- Soft skills and Attitude
Other factors include company policies, demand and supply, government regulatory policies, etc.
In Conclusion
In summary, the ones earning the highest in 2023 i.e., top 10 highest paying jobs 2023 are Software Architect, Surgeon, Solutions Architect, Architect, Product Manager, Data Scientist, Marketing Manager, Investment Analyst, Chartered Accountant, and Machine Learning Engineer.
Other professional such as Executive chefs, civil servants, full stack developers, product managers, aeronautical engineers, and web developers all enjoy lucrative salaries as well. While government jobs are some of the most highly coveted jobs in India, employment opportunities in the private sector are increasing by the day.
Hard as well as smart work, passion, and attention to details are factors that can help one rise to the top of their profession.
If you are curious about the list of highest paying jobs in the world, check out this article.
What is your opinion on our list? Were you surprised by some of the options provided? Let us know in the comments below.
Disclaimer:This blog aims to showcase just a few of the highest paid jobs available in the country and is a reflection of the world, today. Please note that this information is subject to change based on market trends and global requirements.
Source for Salary Insights : Glassdoor
informative☺
Super
Valuevable information Thank you
True.. It’s very informative….
I have opted for digital marketing as my career where it’s just great…
I learned it from nidmindia.co.in
Did internship there and now at great job…
It’s true that making the right choices changes your life
Thank you, we’re glad you liked our blog.
Super
Thank you!
Really helpful ????
Thanks Aman
Super
Thanks man,
It is really very helpful
Civil services is most prestigious jobs.It is dream job to be IAS or IPS so it should be at top.Also it provides beacon car and enormous respect which money cannot give..#1civil services
But the title was ‘Highest Paying job’ , and IAS and IPS doesn’t come in even top 5.
Dear Alka,
You can get Civil job by Reservation but Not CA..
so how should be at TOP?
You cannot clear civil services, without intense preparation. Every profession is important, & reservation is applicable to less than 1% of total jobs in india. Hope you get it, else never mind. Peace!
no it’s not at all good. You become educated that much only for standing in front of uneducated politicians. Who cares about reputation and respect. Something which is very important tool is money. It should be enough for you and your family needs. Nothing to enjoy the essence of life and time with family.
very informative.
Civil services is most prestigious jobs.It is dream job to be IAS or IPS so it should be at top.Also it provides beacon car and enormous respect which money cannot give..#1civil services recyarment
Your point is right. But the focus of this article was on top paying jobs.
Exactly
Very useful
We’re glad you enjoyed our blog!
Civil services jobs after 10 years of service brings about 1.5 lakhs per month and at the end of the services 2.5 lakhs per month as of figures of these days. It has one plus point, the more you age the more the salary and post. You need not struggle for career when you are old as the govt will take care of you.
Helpful
I think today,politicians receive highest paying per month and also actors
Both are professions with a lot of uncertainty.
Yes and both are jobs with a lot of risks and low certainty.
You are right sukhpreet that politicians are highly paid but here we can’not forget about entrepreneur and business man where they earn million’s in a month.
very good presentation
Thank you!
Actually, politicians are actors as well… 😉
CA salary is good
Yes, CAs do earn well.
It’s true
Apart from the fact that now a days actors and TV artists are being highly paid, Computer Science Engineers and IT professionals stand not less when comes to handsome packages. I think they should lie in the top 5 of the highest paid jobs in India as per the list.
You have a point there, Manisha. But not all actors and TV artistes will make a lot, only a handful of successful ones do.
I dont agree that IT jobs are high paid now a days!! Its now saturated industry and growth is very slow!
No Mechanical Engineering..
I wish I got a chance to go past & change my decision of opting Mechanical Engineering.
Mechanical Engineering is actually the true engineering field(no offence),The word engineering is actually apt for this branch,One of very fist engineering field .Though the job is not very high paying,there is need for mechanical engineers in lot of fields like-Aviation,Automobile,product manufacturing,space exploration,power generation,communications,defense(weapons),petroleum,Chemical(yes…true),shipping,mining,literally any field dealing with machines.Same goes for Civil engineering also.And we’ve also got chances in IT companies (with coding knowledge…of course),Teaching, Civil service.
You can also do GME(graduate marine engineering ) and become marine engineer and thus you can get into merchant navy as an engineer.
………..List never ends
Which is best nift or BCA ?
That would completely depend on your interests and goals. Both offer quite a good career prospect.
I want to become a commercial pilot
Anytime you search on the internet the most stressful jobs in the world you’ll find commercial pilot to be always mentioned. You’ll also have to spend 80 lakh+ for completing all the required courses. But of course if you can pull it off and dont mind the stress then go ahead.
We wish you good luck with that!
Wishing you good luck with that!
Nice
1.5 lkhs per month is the starting salary for a junior officer/engineer in merchant navy. Capt / CE earns about 8 to 13 lakhs per month
Amazing….gave me a lot of information about the wages, training, lifestyle…????
We’re glad our blog helped.
IIT JEE neet teaching is no.1 job in India without any doubt in terms of salary…some teachers earns in crores while avg. salary is around 15-18 lakhs in kota.
Thanks for the update. My personal opinion is Company Secretary earns higher package
Sure, it would depend on the experience, location, company, etc.
I think choosing a career must be based on your own interests and hobbies. Not on thinking about which is high paying.
Good
True, interests and hobbies are also important factors to be considered.
Good info…… and Thanks Aparna……
Thanks from the MV team.
Yeees! Absolutely correct
yeah..
Absolutely !! There is no second thought about it !!
Good Information……
Thank you!
informative
We’re glad our blog helped you!
Very helpful article ii think these are the best highest paying jobs in india
Thank you, we are glad you found this blog helpful.
Thank you for your kind words!
Good Information to provide us
We’re glad our blog helped!
Nicely told all the information thanks
Thank you! We’re glad the blog helped
Thank you for your support.
This is really helpful….but according to me now a days the situation has changed alot there is a confusion in students about their careers…..and these jobs still do not satisfy the needs of students
i want become Civil services is most prestigious jobs.It is dream job to be IAS or IPS so it should be at top.Also it provides beacon car and enormous respect which money cannot give..#1civil services recyarment we will also get great respect in the socity
Super,good
This is really good information I appreciate your work for providing us such a useful information thank you so much.
Really informative 😊
it was really good content. thank you for provide this information.
What about architecture career in india?
That is also quite a popular choice with a good pay scale. However, the ones that we have mentioned in the blog are the ones trending currently.
This is quite a popular choice too
Architects command a lucrative salary as well. The ones we have mentioned are just some of the current top highest paying jobs in the country
Doctor of private sector easily earn 1.5 to 3 crore easily
it’s a very helpful
Thank you so much for sharing this blog with us. Well, I was searching on google and website about what are the highest paying salaries jobs in digital marketing and then suddenly I have got your blog and you had explained very well.
What a great post. Thanks for the information, I really appreciate your research for this article. Keep it up. This is my read on your blog. Now I will be keen reader of your blog. Thanks a lot buddy. All the very best.
Rahul
Thank you very much for your kind words! We’re glad it helped
Great information in this blog. Thanks for this article.
very very nice information sir keep sharing
Really impressed! Everything is very open and very clear clarification of issues. It contains truly facts. Your website is very valuable. Thanks for sharing.
We’re glad you enjoyed our article!
Highly informative, and I must commend the research you’ve done for this blog. In a vast and developing country like India, there will always be a demand for the jobs you’ve mentioned. All the highest paying jobs you’ve highlighted have a lot of scope in India.
We’re glad you enjoyed this blog!
Thank you for your kind words
Thank you for your kind words. We are glad you found our blog helpful.
We all have googled ‘which job has the highest salary in India’ and ‘which company pays its software developers the most. The excellent job possibilities and good pay packages offered to engineers are one of the many reasons behind engineering being the top career choice in India.
We agree with you on this. We’re glad you enjoyed the blog.
Thank you for providing such information and This information really help me.
We’re glad you enjoyed the blog. We post a new blog every Thursday so please keep an eye out for those as well.
Good command of the English language is also compulsory for international flights. We all have googled ‘which job has the highest salary in India’ and ‘which company pays its software developers the most.
Thank you so much for sharing this blog with us. Well, I was searching on google and the website about what are the highest paying salaries jobs in digital marketing and then suddenly I have got your blog and you had explained very well. That section “Industry and Growth of Digital Marketing” you had explained very well and i really liked that.
hey, your blog is informative, thanks for sharing this, i have one question, that minimum salary you mention , did we get as a fresher?
We’re glad you found our blog useful. Yes, minimum salary is generally based on what freshers receive. The amount by itself will vary depending on the company, the industry, your graduate/post-graduate degree, etc.
Yes, the average minimum salary is mentioned in the blog. However, this is a general figure, the actual amount may vary based on the location, responsibilities, etc.
Right!!!! its very usefully information brother …….
We’re glad you found this useful!
We’re glad this blog was useful to you!
Hi,
It is a pleasure to have this informative blog available to us.
Excellent effort to make this blog more wonderful and attractive.
nice I hope one day I will be chartered accounted
Good luck to you!
This is very educational content and written well for a change. It’s nice to see that some people still understand how to write a quality post!
We’re glad you liked our post! Please stay tuned for more.
Thank you for your support.
The post is written in a very good manner and it entails many useful information for me. I am happy to find your distinguished way of writing the post.
Thank you for your kind words.
Nice one and such a useful post.
We’re glad you found our blog useful!
Your work is very good and I appreciate you and hopping for some more informative posts
Very Informative Blog! Great But I Think Digital Marketing is also Good.
Yes, you are right about that!
Yes i am doing ca and i hope i will earn that much someday
and i will do it
We wish you good luck!
Great but I think digital marketing is also very good
Yes, you are right! Digital marketing is definitely booming. This was purely based on the average highest salaries but there are exceptions of course.
One of the digital marketing course benefits is that you will not be restricted to one specific job profile. You can work in a marketing team of any product or service-based company to market their Products or Services online. Even leading companies such as Google, Twitter, and Facebook provide a wide array of job opportunities in the digital marketing field.
You are completely right! There are multiple opportunities available for digital marketers today.
Really useful tips thanks for sharing an amazing idea and concept
Thank you! We’re glad you found our blog useful.
hi
it is very detailed post for the top paying jobs
thanks
Glad you liked our post! Stay tuned for more like this.
Not at all useful bro
We’re sorry to hear that! What other information would you like to see in this blog?
Nice post about jobs, it will helpful for freshers and experienced.
Thank you! That is the aim of our post.
Your blog is very useful who wants to know about “Top 10 Highest Paying Jobs in India – 2022” ,and in this blog you have explained lot more about “Top 10 Highest Paying Jobs in India – 2022”. Today , many people are confused about “highest paying jobs in india” , but I feel that your blog will put an end to that dilemma . Please write a blog like this in the future .
information to your valuable readers.
We’re glad you found our blog helpful!