Best 15 Careers in India
Students in India are very
much interested in knowing details about high paying jobs. Not just India,
students across the World are interested in such careers, which offer high
salary and additional perks and benefits. A high paying job not only provides one
with a sense of financial security, it will also help one have a good lifestyle
and enjoy good social status. And most of the celebrated and well rewarding
careers also helps one earn respect from peers and society. In this article, we
will check out a list of some of the highest paying jobs in India. The
professions mentioned in this article belong to both the Government as well as
Private sectors. Professional courses have also been mentioned along with their
respective careers, so that students may make use of those details, and pursue
them.
LIST OF HIGHEST PAYING JOBS IN INDIA
Before starting the list, let me
mention some very important points. All the jobs mentioned in this article are
well rewarding ones, in terms of salary. But salary specifications may vary
with time, depending upon economic as well as other such influencing factors.
Also, to thrive in a specific field and to earn huge salary in that process,
one must become very good at that task. One must have necessary skills, which
will help one thrive in that field. Another important factor is the quality of
the Institute from which one pursues the professional course associated with a
career. Good quality, reputed Institutes guarantee a decent pay package right
from the start. They provide a good foundation. Let us start the list of high
paying careers in India-
1 MEDICAL PROFESSIONALS
Doctors in India earn well. India has a huge population. With
this huge population comes increased number of health problems. In India, the
ratio of number of Doctors available per 1000 patients is very low. While this
is a matter of concern, it also means that Doctors practicing in India gets a
steady flow of patients (very true in case of Urban areas, but bit compromised
in case of Rural areas).
Medical professionals could be
Doctors, Dentists, Ayurvedic Doctors, BHMS Doctors or even Physiotherapists.
Among the roles mentioned above, Doctors who have done MBBS and followed it up
with PG course and super speciality course earns the most! Gone are the days
when an MBBS Degree was enough to start off! This is the age of super
speciality!
To
earn well, one must be willing to take up a lucrative and promising PG course
(specialization) after MBBS! Fields of specialization like- Cardiology (branch
that deals with diseases affecting the heart), Gynaecology (branch that deals
with women’s reproductive system), Orthopaedics (branch that deals with
skeletal system and diseases), Dermatology (branch that deals with skin),
Pathology (branch dealing with examination of organs and body to diagnose
diseases) etc will help one build a financially rewarding career after MBBS!
Doctors
may work in Government/Private Hospitals or may even start their own Private
Clinic. How well a Doctor earns depends a lot on his/her skills. There are
Doctors who manage to rake in more than 20 Lakh Rupees per month, thanks to
their Clinics! On other hand there are Doctors who have salary ranging between
30-50,000 Rupees, working in Private Hospitals! The aptitude of a Doctor, to an
extent, depends on the quality of Institute from which he/she pursues the
course.
Dentists
are also known to earn handsomely. But the field of Dentistry has become
somewhat saturated these days. There are so many Dentists plying their trade
these days that the competition has increased. The well known and established
Dentists still manage to rake in high salary, pushing the mediocre ones to the
corner. Just like in case of MBBS, BDS Graduates must also seriously consider
pursuing PG course. This will help them climb up the career ladder pretty fast!
The
field of specialization must be chosen carefully. Fields like- M.D.S.
Periodontology, M.D.S. Paediatric and Preventive Dentistry, M.D.S. Oral
Pathology and Microbiology, M.D.S. Prosthodontics and Crown & Bridge will
help one land a high paying job in Private Hospitals.
Depending
upon ones aptitude and entrepreneurship skills, one may even find work in
Government Hospitals or start a Private Clinic. Talking about MBBS and BDS
related careers, I don’t want this country to be filled up with money hungry
Doctors! Don’t take up these professions just keeping money in mind! Above
money, one must focus on healing patients and providing them relief!
Physiotherapy
is another career that will help one earn well (given that one has that healing
touch and good skills!). Good Physiotherapists are always in demand for tasks
like- post surgery recovery, recovering from diseases related to bones etc.
2
MERCHANT NAVY JOBS
Merchant
Shipping sector has always been known to provide good pay packages to its
workers. But the problem with Merchant Navy sector is that they only recruit
the best men! In Merchant Navy, Officer level posts come with high salary
packages! Posts like- Marine Engineer, Navigation Officer, Electro Technical
Officer, Captain etc are high paying job posts!
For
landing any of the above mentioned job posts, one must pursue Maritime courses
associated with them! For example, if you want to become a Marine Engineer, you
will have to pursue B.E./B.Tech. Marine Engineering. Well, there are many other
ways to become a Marine Engineer. But the point is that you must go through a
relevant Maritime course. One must also be physically and medically fit, as per
the norms set by Merchant Shipping rules.
If
you are interested in Merchant Navy careers, you may go through this list of top Maritime courses. Merchant
Navy suits those, who have an interest in leading an adventurous life and sea
faring. One must be willing to travel extensively and adapt to different
situations quickly. For all this trouble, Shipping Industry will reward you
with a good salary package!
3
ENGINEERS
It
is a heavily saturated field. Still, depending upon the Branch that one chooses
and the quality of Institute from which one pursues the course, one may still
end up landing a high paying job! In case of students Graduating from
Institutes such as IITs, NITs and other prominent ones like BITS, Nirma
University etc, irrespective of the branch, the salary package will be good.
Professionals
related to some good Engineering branches are much valued and are always in demand. Some
such branches are- Petroleum Engineering, Chemical Engineering, Core
Engineering Branches (Mechanical, Electrical and Civil Engineering),
Instrumentation and Control Engineering, Mechatronics Engineering etc. Jobs
related to these branches are high paying ones.
Information
Technology and Computer Science are heavily saturated Engineering branches. And
thanks to recession, pay packages associated with jobs related to these
branches also took a hit. Still, in case of students who have completed the
above branches from high quality Institutes, demand is still there and the
salary pack is high too!
Emerging
and relatively new Engineering Branches like Genetic Engineering,
Biotechnology, Agriculture Information Technology etc have immense scope
abroad. While these field are still developing in India, one will be able to
find high paying jobs abroad (especially in Research and Development sector),
after finishing above mentioned Engineering courses.
Many
high paying jobs await Engineering Graduates in Government Sector as well. Some
such jobs are in Organizations and PSUs like- Indian Railways, DRDO, Indian
Armed Forces, BHEL, SAIL, ONGC, ISRO etc.
In
short, Engineering field may have become saturated. But there still exists many
high paying jobs in this area in India. With right skills, aptitude and College
Degree (from a good College), one may build a rewarding career in Government or
Private Sector.
4
LECTURER
Teachers
play an important role in Nation building. They teach and train students.
School teachers are underpaid. But the case of teachers plying their trade in
Colleges offering Professional courses is different. College lecturers
(teaching in both Private and Government Colleges) are well paid. They are also
treated with respect and hold a significant place in society.
Education
sector is booming in India. New Colleges offering Professional courses are
sprouting all over India. These Colleges need Lecturers. They are willing to
rope in talented teaching professionals by offering lucrative salary packages
to them.
When
it comes to the job of a Lecturer, experience matters a lot. Experienced
Lecturers are paid higher, when compared to newcomers. Coaching classes also
pay lecturers and Instructors hefty pay packages. Entrance exam coaching is
also a booming business these days! One may even consider starting a Coaching
class, if one has the required resources and entrepreneurship skills!
The
best way to become a College Lecturer is by doing UG Bachelor’s Degree and then
following it up with Master’s Degree. For example, one may complete
B.E./B.Tech., follow it up with M.E./M.Tech. and become a College Lecturer
after the Master’s course. Same thing can be done in case of B.Sc./M.Sc. programs
too. To get job in Government Colleges, one must appear for PSC (State wise or
Central) exam and clear it.
5 CHARTERED ACCOUNTANT
Chartered
Accountants’ task is to keep track of financial affairs of businesses big and
small. Corporate houses have in-house CAs. Some Business houses even hire CAs
for auditing and similar accounts related tasks.
Chartered Accountancy is generally
considered to be meant for Commerce stream students. But 12th Science stream students may
also pursue this course and venture into Chartered Accountancy career field!
I’ve listed Professional courses here. Course duration details also have been provided in the article. If you are a Commerce stream student, this list will be of much use to you! Please go through the full list and choose a course that suits you wisely!
C.A. (CHARTERED ACCOUNTANCY)
C.A. stands for Chartered Accountant. The job of a C.A. is to see to it that the financial affairs of businesses and companies are in accordance with the laws set by Government authorities. Their tasks include looking into tax affairs, look into financial transactions through auditing, creating necessary reports etc.
To become a C.A., one has to successfully complete Chartered Accountancy course and become a member of ICAI (Institute of Chartered Accountants of India).
In the case of 12th Commerce passed students, they may start off by applying for CPT (Common Proficiency Test). This test managed by ICAI.
Once CPT is cleared, students have to appear for C.A. Intercourse. After completing C.A. Inter exam and doing Information Technology Training Course, one may appear for C.A. Final exam!
After clearing the final exam, one is said to have completed Chartered Accountancy test and become a C.A.! Studying involved in becoming C.A. is tough. But at the same time, the career prospects are exciting!
After becoming a C.A., one may take up positions related to Finance department in Private companies as well as Government Enterprises. After gaining some experience, one may also start working independently, offering consultation services as well as operating as a private auditor who may be hired by companies and businesses!
Important subjects present in Chartered Accountancy program-
- · Accounting
- · Economics
- · Taxation
- · Tax Laws
- · Auditing
- · Business Laws
- · Financial Management
- · Business Communication
- · Corporate Laws
C.S. (COMPANY SECRETARY) COURSE
For any company to function properly, a company secretary is needed! And to become a C.S., one has to appear for Company Secretary Course and clear the exams associated with the course. ICSI (Institute of Company Secretaries of India) is the Institute that has been tasked by the Government to conduct the course as well as examination!
In the case of 12th Commerce passed students, to get selected for the C.S. course offered by ICSI, they must go through a 3 stage program. The three programs are-
- · Foundation Program
- · Executive Program
- · Professional Program
For more details, check out this link about CS course by ICSI. Talking about job opportunities, without any doubt, the private sector provides ample job opportunities.
C.M.A. (Cost Accountant)
ICWAI used to offer the CWA course. The name of ICWAI’s course has been changed now. It is now known by the name of CMA. CMA stands for Cost and Management Accountant.
This course, Chartered Accountancy, and CS course have few common elements present in them! CMA course has three levels- Foundation, Intermediate, and Final. 12th standard passed students may take the first step- Foundation level and start CMA course.
Coming to course duration, it depends on your aptitude. Generally, this course can be completed within 3-5 years. CMA professionals are recruited by various industries.
Many of the above-mentioned subjects will keep on repeating and will appear in more than one semester! Also, the emphasis is laid on practical training sessions also, in addition to theory classes.
Talking about a career after 12th commerce, a lot depends on the courses.
For those who are interested in Accountancy, Finance, Taxation, Audit C.A. course is available and best for them.
For those who are interested in Corporate Law, Stock Market, Corporate Governance, Compliance Management, C.S. Course is available and best for them.
For those who are interested in Costing and Management Accounting, Cost Audit, Taxation, Finance, C.M.A Course is available and best for them.
In short, there are the top professional courses available in front of 12th Commerce stream students. Job opportunities associated with those courses are also promising!
6 MANAGEMENT PROFESSIONALS
People
who have pursued Business and Management oriented courses and working in
relevant Managerial and Administrative roles are called Management
professionals. Some well known Management and Business courses are- BBA, MBA
and BMS.
How
well a management professional will earn depends upon factors like his/her area
of specialization, course pursued (MBA Degree is most valuable and assures the
highest salary among the management courses mentioned), quality of Institute
from which course has been pursued (IIMs are most valuable, followed by the
likes of XLRI, FMS, ISB etc). Areas like- HR Management, Media Management,
International Business, Hospital and Healthcare Management, Finance and
Taxation are lucrative and rewarding ones at the moment.
7 ARCHITECTS
Creative
and skilled Architects will always be in demand! With change in trends, the
field of Architecture also keeps on evolving. Architects who are up to date
with such latest trends often find themselves pretty busy, planning and
designing homes and other structures for their clients!
Architecture
is such a field which is not as saturated as Engineering. Also, it is one such
field where one may easily set up one’s own business. All it takes to succeed
in this field is- creativity (plus technical skills).
8 SCIENTISTS
The Research and Development
sector of our Country is poorly equipped. There aren’t enough qualified
Scientists working for the Government at the moment. So bad is the situation
that State Governments are offering all cost covering Scholarships for students
(the meritorious ones) who are willing to pursue B.Sc., M.Sc. and
take up research jobs!
With the Government too giving
R&D special attention, a career in this sector will turn out to be a
rewarding one, financially. Also, one will be able to contribute to the growth
and development of the Nation too!
Within
Government sector, there are various sections where one may specialize and work
as a Scientist. Some of these sectors are- Defence, Agriculture, Fisheries,
Genetics, Biotechnology sector etc. Ample amounts of Private sector jobs are
also available for Scientists, like- Healthcare and Pharmaceuticals, Food
Processing and Technology etc!
9 AVIATION CAREERS
Aviation
sector is home to a number of high paying jobs! The job of a Commercial Pilot
is the highest paying one.
This
is one such job that we all used to dream about while we were kids! The mere
thought of flying makes this job a dream one! And this career is financially
rewarding too!
I
agree that the Aviation Industry was hit pretty badly by recession a few years
back. So bad was the situation that many folks lost their jobs and many
companies went bankrupt!
But
things are looking good again for the Aviation sector. New private Airline
companies have arrived on the scene. It looks like the demand for Commercial
Pilots will only rise from here!
I’ve already written a detailed
article that describes how Science stream students may become Commercial Pilots! But, the
process of becoming a Commercial Pilot is a bit expensive, especially the
Flight Training part. But for meritorious students, there are handsome
scholarships available, which reduces financial burden!
Keeping expenses factor in mind it
is safe to say that many students won’t be able to become a Commercial Pilot!
That’s why I’ll mention few more high paying Aviation Industry jobs. Jobs like
Air Hostess/Steward, Airport Manager, Cabin crew etc are also rewarding ones!
10 SOME HIGH PAYING GOVERNMENT JOBS
Civil
Service and Administration related jobs like- IAS, IRS, IFS, IPS etc are
glamorous as well as high paying at the same time. But to land those jobs, one
must crack the tough Civil Services Examination! These jobs play an integral
part in Nation building! Only the best minds should be involved in this
process. Thus, due to this very reason, selection process in case of these jobs
is extremely tough.
PSUs
like ONGC, BHEL, SAIL, BEL, BPCL, CCL, CIL, GAIL, HEC, HAL, HPCL etc are also
well known for offering high paying jobs. Central Government bodies like Indian
Railways, State Service bodies etc also offer high paying jobs.
Usually, it is the high rank/Grade Officer posts like Engineers
and Administrative roles that get the high salary packages. The low rank posts
still have a decent band pay. Along with good pay package, employees will also
get added benefits like- perks, loans (Interest free or low Interest),
subsidized housing, Medical Aid, Travel Concessions etc.
Commissioned Officers’ posts in various divisions of Armed
Forces also has good salary package. We all know how much respect the Officers
of Indian Armed Forces commands! Officers of the Indian Army, Indian Air Force
and Indian Navy are given much respect. Their job is a glamorous one, but is
risky too at the same time! Officer posts in other bodies like BSF and Indian
Coast Guard too has the above mentioned advantages.
At the end of the day, a career in the Armed Forces is well
rewarding. There are number of perks and bonuses available for Armed Forces
personnel. Job security is also another advantage that this career offers!
11 ACTORS/ENTERTAINMENT PROFESSIONALS
We all know how well paid prominent Indian Actors are. Regional
film Industries are also quite promising and Actors are well paid by them too!
There are other Entertainment sector related jobs like- Video Jockeying, Radio
Jockeying, Anchoring, Art Director etc, which are high paying ones.
Actors may make money through additional activities like- stage
performances, advertisements, Brand Endorsements etc.
12 FASHION PROFESSIONALS
Fashion Industry is not just glitzy and glamorous. It is also
full of potential, promise and money! There are many high paying jobs present
within this Industry. Experience is much valued here, so are factors like looks
(when it comes to modelling)!
Some high paying jobs in Fashion sector are- Modelling, Fashion
Designer, Fashion Photographer, Makeup and Beauty Specialists, Event Manager
and Coordinator, Sales Manager, Production Manager etc.
To thrive in this field, one must have genuine interest in
Fashion (and its recent trends and developments), creativity and passion.
13 JOURNALISM AND MASS COMMUNICATION PROFESSIONALS
This is a profession where you can make change to the society in
a direct and significant way. It can also be misused too, at the same time! The
fact is- skilled Journalists and Mass Communication professionals are valued
and are paid well. You will also find professionals working in the same field,
who are not paid well. This points out the fact that one can make it big in this
field only if he/she has skills such as- communication skills, confidence,
investigative skills, quest for knowledge etc.
Pursuing courses like B.A. in Journalism and Mass
Communication/PG Journalism and Mass Communication will help one build a career
in this sector. Experience is much valued in this sector too! Print and Digital
media are prime recruiters. But thanks to Internet, web based media houses also
have grown, recruiting talented professionals in the process!
14 LAW PROFESSIONALS
Skilled and talented Lawyers are in demand, well respected and
are also well paid by clients! After completing Integrated Law courses like-
B.A, L.L.B./B.Com, L.L.B. or L.L.B. after Graduation (3 or 4 years long Degree
course), one may start working for Legal firms or may even start Private
practice!
To thrive in this field, one should have good reasoning skills,
oratory skills, presence of mind, investigative skills and confidence.
Specializing in lucrative fields will also help one build a financially rewarding
career. Areas like- Criminal Law, Corporate Law, Labour Law etc are very
rewarding ones!
After gaining experience, one may even start consultation
service too!
15 INVESTMENT BANKERS
They are not your normal Bankers working for Private or
Nationalized Banks! Folks who have Degrees related to Accounting, Business,
Finance, Economics, Maths, Statistics, Engineering (Software and Analytics side
jobs) may take up this profession.
Those who are good with numbers, have good analytical skills,
communication skills etc are much valued by Recruiters.
Talking about career growth, if one starts from base, the 4
stages will be like- 4- Analyst (low pay), 3- Associate (after 3 years experience),
2- VP (after 3 years as an Associate) and 1- Director.
It has been noticed that big recruiters like Goldman Sachs,
JPMorgan Chase, Morgan Stanley etc hire Graduates having Degrees like- MBA,
Economics, Statistics, Engineering etc.
Those were the top 15 high paying careers in India that managed
to get into my list. I know that there certainly are other well rewarding
careers too, like that of a sportsman or politician. But then we don’t have any
particular courses to build a career in those sectors. I suggest students to
sit back, analyze each job, consider their pros and cons, go through aptitude
tests and find a career that will suit one the most! Along with the careers,
I’ve also mentioned related courses too. You may then start pursuing that course
and build a rewarding career with time!
With right skills, one may build a rewarding career, after pursuing any of the above-mentioned courses!
