India is a goldmine of workforce for the services sector, especially for the IT industry. The highly talented workforce has been a significant factor in attracting corporate giants into the Indian subcontinent since the economic liberalisation of India in 1991. This provides Indian professionals with an opportunity to earn better while increasing their industry expertise and global exposure. If you are looking for the highest paying jobs in India, this article is for you! Here are the highest paying jobs in India for 2024.

Highest Paying Jobs in India in 2024

Top 20 Highest Paying Jobs in India in 2024

1. Medical Professionals

There's a reason why Indian parents are obsessed with medical and engineering education for their children! Medical education pays the best, especially in certain specialities like Dentistry, Pharmacy, Optometry, and roles within Healthcare Administration, Nursing, Medical Assistance, and Home Health Aide, among others. India's growing population, especially the elderly population is one of the reasons why the medical profession is the highest paying job in India.

Medical professionals shoulder a range of pivotal responsibilities, including prescribing medications, administering treatments, evaluating symptoms, diagnosing medical conditions in patients, collaborating with nurses and healthcare experts, and interpreting medical test results. The average annual salary for medical professionals in India hovers around 10 Lakhs. Impressively, over 25% of healthcare experts earn salaries in the vicinity of 20 Lakhs per annum. Salary brackets fluctuate, with an average annual salary of ₹7 Lakhs for a General Physician and over ₹12 Lakhs for a General Surgeon. If you have the talent and perseverance, you might even land a job in AIIMS (All India Institute of Medical Sciences), Fortis, Apollo, Max, or Columbia Asia.

Check out SNATIKA's MBA and Masters Degree programs for Healthcare managers. These qualifications can accelerate your career growth and prepare you for these highest paying jobs in India.

2. Data Scientist

Data is the new oil! Check out the business losses from all those data breaches. The global average cost of a data breach in 2024 was $4.45 million according to IBM. This is a 15% increase over 3 years. Having access to the right data can get your business soaring to new heights. Securing its place among the highest paying jobs in India, the role of a Data Scientist presents an enticing opportunity marked by competitive salaries and a multitude of perks. LinkedIn aptly recognizes it as "the most promising career," highlighting the importance of Data Scientists in organisations. These professionals specialise in the collection, analysis, and interpretation of vast data sets, wielding their expertise to derive meaningful insights. Aspiring Data Scientists in India with a robust foundation in computer science, programming, mathematics, statistics, and analytics can chart a lucrative career path in this field.

The allure of Data Scientist roles is further emphasised by the impressive annual average salary of ₹12.8 Lakhs, with experienced data scientists commanding salaries that can climb as high as ₹25 Lakhs per annum. Salaries vary across Indian cities, with averages of ₹13 Lakhs in New Delhi, ₹12 Lakhs in Mumbai, and ₹13 Lakhs in Bengaluru. Notably, leading employers actively seeking talent for these highest paying jobs in India include Amazon, Procter & Gamble, Walmart Labs, and other prominent organisations.

If you want to unlock these highest paying jobs in India in the data science domain, a European MBA in Data Science is the right academic choice for you. Read the program's benefits here.

3. Artificial Intelligence (AI) Engineer

Straight from the pages of fiction, AI has become a game-changer technology of the 21st century. With massive datasets, lack of AI regulations, quick upscaling and monetisation opportunities, it has become the golden egg-laying chicken for tech companies. If you can create, maintain, upgrade, or repair an AI, you are offered massive salaries and other perks in many companies. This is why AI engineers are one of the highest paying jobs in India. The AI expert is tasked with crafting intelligent software systems capable of learning, adapting, and enhancing their capabilities over time. These experts engage with stakeholders to discern business requirements, proceeding to design and develop software solutions that align with these needs, leveraging AI and machine learning (ML) technologies.

AI engineers bear the responsibility of constructing and testing models that possess the capacity to predict outcomes accurately and make informed decisions. They must also formulate and deploy algorithms that can learn from data. They must collaborate with a diverse range of stakeholders, including software developers, data scientists, and business leaders. This ensures that AI systems are conceived and implemented to meet the requirements of businesses. The annual average salary for an AI engineer in India stands at ₹8.8 Lakhs. It can reach as high as ₹20 Lakhs per annum. Salaries in other Indian cities vary, with averages of ₹6 Lakhs in New Delhi, ₹10 Lakhs in Mumbai, and ₹8 Lakhs in Bengaluru. Companies recruiting AI engineers include Oracle, Amazon, Google, Deloitte, IBM, Intel Corporation, etc.

If you need these highest paying jobs in India, an MBA in Data Science can add credibility to your resume. Check out the online European MBA now!

4. Machine Learning Experts

Machine Learning (ML) is a pivotal branch of Artificial Intelligence (AI). It has surged to remarkable prominence across diverse industries. Recognized as one of the industries with the highest paying jobs in India, AI and ML are poised for significant expansion in the coming years. Machine Learning experts leverage their expertise to conduct statistical analyses and craft ML programs and algorithms tailored to address diverse business needs.

In India, the average annual salary for Machine Learning Engineers is ₹12 Lakhs, with regional variations reflected in average annual salaries like ₹10 Lakhs in New Delhi, ₹9 Lakhs in Mumbai, and ₹14.6 Lakhs in Bengaluru. Esteemed employers actively recruiting Machine Learning Engineers include prominent organisations like IBM, Zycus, Bosch, SAP, and various others. They offer a wealth of opportunities in this dynamic and rewarding field.

Join SNATIKA's MBA program in Data Science to unlock these highest paying jobs in India.

5. Data Engineer

Rising to prominence as one of the highest paying jobs in India is the role of a Data Engineer. These individuals are responsible for the strategic planning, construction, and maintenance of an organisation's data infrastructure. Data Engineers grapple with vast and intricate datasets. They ensure efficient data collection, processing, and storage in a secure and accessible manner. Data engineers construct and manage data pipelines, data warehouses, and various data systems. They leverage an array of tools and technologies to do these. Collaboration forms a crucial aspect of their role, as they work closely with other members of the data team. This team includes Data Analysts and Data Scientists, to guarantee the accuracy and availability of data for analysis. A Data Engineer must exhibit not only technical proficiency but also strong interpersonal and teamwork skills.

The annual average salary for a Data Engineer in India is ₹9.7 Lakhs, with diverse employment opportunities spanning multiple industries and sectors. In different Indian cities, salaries for Data Engineers fluctuate, averaging ₹6.5 Lakhs in New Delhi, ₹9 Lakhs in Mumbai, and ₹10 Lakhs in Bengaluru. Major employers for this high-paying position in India include Deloitte, Google, Comcast, Oracle, Cisco Systems, and other leading organisations.

Check out SNATIKA's MBA program in Data Science if you are eyeing these highest paying jobs in India.

6. Blockchain Developer

Blockchain Technology stands as a futuristic realm brimming with potential for developers. Its undeniable prowess and resilience are exemplified through its most renowned application, cryptocurrency. However, the capabilities of this technology extend far beyond digital currencies. They captivate the attention of both major tech players and startups. Within this landscape of immense scaling potential, blockchain developers are poised to experience surging demand over the coming decades. Blockchain Technology is more than a buzzword; it's a transformative force that is reshaping currency transactions, internet connectivity, data security, and data management. Across both private and public sectors, blockchain is being harnessed to eliminate intermediaries, reduce costs, and enhance the speed and scope of operations.

Individuals with a strong educational foundation in Computer Science, Mathematics, and Statistics are well-positioned to aspire to the role of Blockchain developers. This currently represents one of the most sought-after and well-paying jobs in India. The annual average salary for Blockchain Developers in India is ₹6.5 Lakhs, with seasoned professionals earning up to 20 LPA. Salaries for Blockchain developers in other Indian cities vary, with averages of ₹6.2 Lakhs in New Delhi, ₹5.8 Lakhs in Mumbai, and ₹6.6 Lakhs in Bengaluru. Leading employers actively recruiting for this high-paying position in India include Auxesis, Cognizant, NTT Data, Capgemini, Hitachi, and others.

Join SNATIKA's MBA in Data Science to level up your career this year.

7. Full Stack Software Developer

FullStack Software Developer roles are one of the highest paying jobs in India. India's IT sector has a large share in the country's booming service industry. There is no shortage of Work opportunities for full-stack developers in the IT sector. They are responsible for developing both the front end and back end of a software or website. As they must build a website from scratch, this role is one of the highest salary jobs in India.

A Full Stack Software Developer in India earns over ₹8.7 Lakhs per annum. This highest paid job in India has several openings across industries. In other cities like New Delhi, they earn up to ₹7.1 Lakhs. These numbers fluctuate according to the city, experience, and qualification. For example, In Mumbai they earn ₹8.3 Lakhs, and in Bengaluru ₹8.6 Lakhs. The Top employers hiring full-stack developers, one of the highest paying jobs in India are Barclays, Dell, IBM, Siemens, BNY Mellon, etc.

If you need a European Bachelors Degree in Information Technology online, check out SNATIKA.

8. IT Systems Manager

The trajectory of IT systems has witnessed a sharp upward ascent in recent years, as technology continues to advance at an exponential pace. Here, an IT Systems Manager emerges as a seasoned professional entrusted with the supervision of an organisation's information technology systems. They assume a pivotal role in orchestrating the planning, implementation, and upkeep of IT systems. Moreover, they ensure these systems align with the company's requirements and objectives.

A diverse range of IT professionals, including network administrators, system administrators, and support technicians, fall under the IT Systems Manager's purview. These managers hold the responsibility of ensuring that their team operates at peak performance. They guarantee the reliability, security, and optimal functionality of IT systems. IT Systems Managers in India enjoy an average annual income of approximately INR 17 Lakhs. Employers for this highest paying job in India include Amazon, IBM, Accenture, Dell Technologies, Cisco Systems, and other industry leaders.

If you are lacking a Bachelors Degree in Information Technology, SNATIKA is the place to earn one online! Check out our flexible, affordable, world-class Bachelors Degree now.

9. Software Architect

The digital age owes its existence to the skilled hands of software architects. Within the corporate world of tech giants and IT startups, software architect's significance remains paramount. This enduring trend, spanning decades, exhibits no signs of waning. Those who can code, build upon foundational structures, and craft sought-after software solutions are indeed rare gems for prospective employers. Given the ubiquitous application of software, ranging from everyday household devices to complex military and aerospace technologies, software architects are confronted with an array of high-paying opportunities to choose from.

In addition to their technological acumen, a Software Architect must excel in communication and leadership. They must skillfully guide a team of developers and engineers toward a common technical vision while effectively conveying their insights to both technical and non-technical stakeholders. The annual average salary for a Software Architect in India stands at ₹29.3 Lakhs, with the potential to soar as high as ₹50 Lakhs per annum. Salaries across other Indian cities fluctuate, with averages of ₹29.9 Lakhs in New Delhi, ₹51 Lakhs in Mumbai, ₹29 Lakhs in Bengaluru, and ₹26 Lakhs in Pune. Employers actively seeking talent for this top-tier position in India include PwC, Amazon, Tata Consultancy Services, Verizon, Accenture, Meta, and a host of other industry leaders.

A Bachelors Degree in Information Technology can get you ahead in this job. Check out SNATIKA to learn more.

10. Cloud Architect

Cloud computing has brought about a significant transformation in the world of technology. With the rise of cloud services like Amazon AWS Microsoft Azure, and Google Cloud Platform, resource-intensive computing processes can now be executed in the cloud using robust enterprise-level machines. This shift holds immense advantages, particularly for small businesses operating on minimal budgets. Those who can align with this job description stand to reap the rewards of securing one of the highest paying roles in the realm of cloud computing, specifically the position of a cloud architect or higher. In a corporate context, the responsibility of designing and implementing cloud-based systems falls under the domain of a cloud architect. These professionals collaborate closely with stakeholders to gain a comprehensive understanding of business requirements, identify technical solutions, and construct the cloud architecture that best fulfils those needs.

The annual average salary for a Cloud Architect in India stands at ₹23.7 Lakhs, with the potential to reach as high as ₹42 Lakhs per annum. Salaries in other Indian cities fluctuate, with averages of ₹25 Lakhs in New Delhi, ₹22 Lakhs in Mumbai, and ₹24 Lakhs in Bengaluru. Employers for this high-paying position in India include Oracle, Amazon, Google, Deloitte, IBM, and Intel Corporation, among other industry leaders.

If you need a better qualification to get into these highest paying jobs in India, I suggest you fill your resume with a prestigious, globally recognised MBA or Masters degree. SNATIKA offers online MBA(UCAM, Spain) and Masters degree (UK) programs to working professionals like you. Just 2 hours of learning every day for 12 months, and you own a European academic title at your disposal.

11. DevOps Engineer

DevOps Engineers enhance the efficiency of software application development and deployment. They collaborate closely with IT teams and software engineers. Their responsibilities revolve around optimising systems, automating processes, and the prompt delivery of software. They are responsible for designing and maintaining the tools and workflows necessary for continuous integration and continuous delivery (CI/CD). DevOps Engineers typically boast extensive backgrounds in both software development and IT operations. Furthermore, they work in tandem with various IT teams and developers to identify bottlenecks, introduce new strategies and technologies, and elevate productivity while reducing errors.

DevOps Engineers must also excel in collaboration and communication. Cooperation with diverse stakeholders, including software developers, operations teams, and business leaders, is essential for the timely delivery of software. The average annual salary for a DevOps Engineer in India stands at ₹7.6 Lakhs, with the potential to reach as high as ₹13 Lakhs per annum. Salaries in other Indian cities vary, with averages of ₹8.1 Lakhs in New Delhi and ₹7.6 Lakhs in Bengaluru and Mumbai. Leading employers actively seeking DevOps Engineers include Amazon, Deloitte, IBM, Cognizant Technology Solutions, and Comcast, among others.

12. Internet of Things (IoT) Solutions Architect

The evolution of IoT technology began with humble household gadgets. It has now burgeoned into a multi-million-dollar industry. After revolutionising smart homes, IoT is poised to underpin the development of smart cities. This is showcasing the immense potential of this industry to engage technically skilled professionals. The role of an IoT architect has emerged as one of the highest paying jobs in India, with a promising outlook for the long term. To secure a place among this elite group, you must design IoT solutions that align with the diverse demands of IT giants, governments, organisations, and the general public.

IoT architects boast a multifaceted skill set encompassing networking, data analytics, software development, and hardware design. In addition, they must possess a profound understanding of the unique requirements of the companies they collaborate with. Effective project management and communication are equally crucial. This is because IoT solutions architects work alongside cross-functional teams, adeptly managing project timelines, budgets, and resources. The compensation for an Internet of Things (IoT) Solutions Architect is influenced by variables like experience, location, and industry. According to Glassdoor, IoT Solutions Architects in India earn an average base income of approximately ₹16 Lakhs annually. The coveted positions are actively sought after by top-tier employers, including Samsara, IBM, Oxagile, Bosch IoT Sensor Company, SAP, and numerous others.

13. Business Analyst

Ranked among the highest paying professions in India, a Business Analyst assumes a pivotal role in meticulously analysing an organisation's processes, systems, and operational models to gauge its performance. By scrutinising these facets, business analysts contribute to making informed decisions that lead to enhanced business performance. With salaries among the most competitive in the job market, the role of a Business Analyst stands as an exceptionally rewarding career choice in India.

In India, the annual average salary for business analysts surpasses ₹9.2 Lakhs, with professionals in other Indian cities also enjoying substantial earnings, ranging from ₹9.4 Lakhs in New Delhi to ₹9.8 Lakhs in both Mumbai and Bengaluru. Recognized employers like Microsoft, Citi, Accenture, Mu Sigma, Wipro, and Amazon, among several others, consistently seek adept Business Analysts, solidifying this profession's reputation as one of the highest paying jobs in India.

Check out SNATIKA's European MBA program in Strategic Management and Leadership. This can be an asset when you get an opportunity for these highest paying jobs in India.

14. Project Manager

Project managers are some of the highest paid professionals in India. Being a developing country with a bright future and a large demography India is the hub of projects of all sizes in the corporate world. Whether it is a government project or a private one every single project requires competent and qualified project managers. Project managers realise the plans on paper with their expertise. They supervise, assess, and prioritise tasks while keeping the team highly productive and engaged. They are also responsible for the project's risk management, stakeholder engagement and communication between different teams involved in the project.

Indian project managers earn between ₹4 to ₹ 28 Lakhs. The average annual salary of a project manager is around ₹17 Lakhs. This, of course, depends on your location and experience. For example, project managers in New Delhi earn around ₹17 Lakhs while those in Mumbai earn ₹17.9 Lakhs on average. In Bengaluru, the average salary is ₹18 Lakhs.

If you want to command these high salaries, enrol in SNATIKA's MBA Program in Project Management.

15. Product Manager

Product Managers play a pivotal role in the rapidly advancing Indian industry, marking their position among the next highest paying jobs in the country. This crucial role encompasses the development of strategies, marketing tactics, feature definition, and product forecasting. Product Managers must exhibit meticulous attention to detail and a profound understanding of organisational goals tied to product development. Gaining a Product Management certification is instrumental in attaining expertise and accessing some of the most coveted positions in India.

The annual average salary for Product Managers in India stands at ₹20.3 Lakhs. Novice professionals can expect to earn approximately ₹5 LPA, while seasoned experts in the field can command salaries of ₹46 LPA. Top-tier organisations like Amazon, Google, Microsoft, Flipkart, Salesforce, and Uber, among others, are actively scouting for proficient Product Managers, cementing this profession's status as one of the next-in-line highest paying positions in the country.

Check out SNATIKA's European MBA program in Strategic Management and Leadership.

16. Management Consultant

Management Consultants play a pivotal role in helping organisations address challenges, enhance their performance, and achieve sustainable growth. They tackle multifaceted aspects, encompassing the organisation's strategy, structure, operations, and management. To embark on a career as a Management Consultant, individuals can pursue a strategic path by obtaining a bachelor's degree in disciplines like Business Administration, Economics, Finance, Accounting, or Management. A subsequent pursuit of an MBA program is highly recommended to gain entry into this sought-after profession, which is known for offering some of the most lucrative positions in India.

The average salary for Management Consultants in India hovers around ₹26 LPA, with entry-level consultants earning ₹6-7 LPA and experienced professionals in the field commanding salaries up to ₹40 LPA. Distinguished employers like KPMG, PwC, McKinsey & Co., Deloitte, and Ernst & Young are among the top organisations actively seeking skilled Management Consultants, making this profession one of the next highest paying positions in India.

Check out SNATIKA's European MBA program in Strategic Management and Leadership. This online MBA helps you stand apart from the competition.

17. Investment Banker

Investment Banking stands as one of the most lucrative professions in India and worldwide, focusing on the art of strategically investing clients' funds to maximise returns. If you possess a strong background in Finance and a passion for the intricacies of financial services, Investment Banking represents an excellent career path. The salary spectrum for investment bankers spans an impressive range, starting at ₹4 LPA and ascending to an impressive ₹40 LPA. The average salary of Investment Bankers is 6.5 Lakhs per Annum.

Leading financial institutions like Citibank, Deutsche Bank, HSBC, Goldman Sachs, and JP Morgan Chase, among others, are the prominent employers actively seeking talented individuals to join their ranks in the field of Investment Banking. The appeal of this high-paying role further solidifies its status as a coveted and rewarding profession for financial enthusiasts.

Join SNATIKA's European MBA in Finance if you are preparing yourself for these highest paying jobs in India.

18. Chartered Accountant

Chartered Accountants (CAs) are integral to various industries, offering valuable financial advisory services and expert guidance in effective money management. The demand for CAs continues to rise annually, positioning them as one of the high-earning professionals in India. To embark on a career as a practising CA, individuals with a background in commerce are required to complete the CA course, which is regulated by the prestigious Institute of Chartered Accountants of India (ICAI) in New Delhi.

The average salary range for Chartered Accountants is ₹9.6 LPA, which can reach ₹15 LPA or more based on an individual's accumulated experience and specialised expertise. Notably, several renowned companies, including Standard Chartered, Ernst & Young, Deloitte, KPMG, and BDO International, stand as leading employers actively seeking skilled CAs to join their ranks, further enhancing the appeal of this lucrative profession.

If you want to earn such high salaries, hard work and networking are not at all enough. Check out SNATIKA's MBA and Masters degree programs in Accounting and Finance! These European qualifications can get you a push for promotion!

19. Marketing Manager

A Marketing Manager plays a pivotal role in crafting and executing marketing strategies that align with a business's goals and consumer demands, ultimately driving profitability. This field covers a vast spectrum within the industry and is experiencing substantial growth. Typically, a bachelor's degree in Marketing Management or Business Administration is the foundational qualification required for a career in marketing management. Marketing Managers, known for their ingenuity in designing innovative products and solutions, strive to achieve both corporate objectives and meet customer needs, making it one of the most sought-after and high-paying positions in India.

In India, Marketing Managers earn a competitive average annual salary of ₹12 Lakhs. The financial rewards for this role vary across cities, with an average annual salary of ₹11.5 Lakhs in Delhi, ₹13 Lakhs in Mumbai, and ₹12.4 Lakhs in Bengaluru. Renowned companies like IBM, Amazon, Flipkart, TCS, and Tata Motors are among the top employers seeking qualified candidates for this prestigious and well-compensated position, making it one of the next-in-line highest paying jobs in India.

Check out SNATIKA's MBA program in Marketing and UK Masters degree program in Strategic Marketing!

20. Engineering Manager

The number of India's engineers is on the rise. However, one top spot that is lying vacant or filled with incompetent individuals due to the lack of qualified employees is engineering managers who can lead these engineers. Do you have the right qualifications? Can you fill in the demand for engineering management? Then tech companies can pay you handsomely for your career in the engineering Domain.

An engineering manager, responsible for overseeing engineering teams and projects within a company, plays a pivotal role in ensuring project success. This role involves supervising engineers, setting project objectives, and maintaining adherence to project schedules and budgets. Additionally, engineering managers are typically responsible for the recruitment, hiring, and training of engineers, offering guidance on their progress, and providing constructive feedback. To align engineering projects with a company's broader objectives, they engage in close collaboration with various organisational divisions, including product development, research and development, and quality assurance.

Being an effective engineering manager demands a blend of technical expertise and strong leadership and communication skills. These professionals must exhibit the ability to lead and motivate teams, communicate clearly with stakeholders at all levels, and maintain a vigilant eye on project budgets and deadlines. In India, the annual salary for Engineering Managers is notably high, with an average of ₹31 Lakhs. This well-compensated role is in demand across various industries and cities, with average annual salaries ranging from ₹24 Lakhs in Mumbai to ₹34 Lakhs in Bengaluru. Renowned tech giants like Apple, Amazon, Google, Microsoft, IBM, and Intel Corporation are among the top employers seeking candidates for this prestigious and highest paying role in India.

Do you want to earn these highest paying jobs in India in the engineering management domain?

Then check out SNATIKA's European MBA program in Engineering Management!

Conclusion

The top 20 highest paying jobs in India in 2024 reflect a dynamic and evolving professional landscape. From AI engineers and data scientists steering innovation, to the crucial healthcare professionals, this list encapsulates the diverse opportunities available in the Indian job market. Industries like finance, management, and engineering continue to offer competitive salaries while emerging fields like blockchain and cloud computing are promising significant growth. As India's economy expands and diversifies, these highest paying jobs underscore the nation's position on the global stage. The enduring pursuit of excellence, along with a commitment to honing specialised skills, places individuals in the driving seat of their careers, ready to explore the ever-evolving horizons of these top-earning professions. For an additional boost towards these roles, a SNATIKA MBA or Masters Degree from Europe's prestigious Universities can be your rocket fuel! Check out SNATIKA.

Sources and Citations:

Simplilearn. “Top 20 Highest Paying Jobs in India.” Simplilearn.com, 9 Oct. 2023, https://www.simplilearn.com/highest-paying-jobs-in-india-article.