In all honesty, money is one of the biggest factors while choosing a career for most people. And after hustling for many years in school and college, it is only fitting you find a job that justifies all that effort that went into it. So without any further ado, here is a list of the top-paying jobs in India in 2020:
[Disclaimer: The salary you end up getting is affected by factors such as job location, company budget, etc. Moreover, getting a high salary is entirely subjected to your industry, experience, as well as talent as a candidate. The better you score in these aspects, the higher the salary you can get.]
Data Scientists
Data Science is a relatively new and lucrative career option for youngsters. A data scientist manages and evaluates a massive amount of data that an organization accumulates. They gather insights from that data to determine business decisions that enhance profits as well as customer relationships. Data Scientists are offered a salary between INR 4 – 12 LPA when they are certified experts with limited or no work experience. Hence, this job is one of the top-paying jobs in India in 2020. Those with 5 years of experience can get a salary of somewhere between INR 60 to 70 LPA.
Machine Learning Experts
Machine learning is an application of Artificial Intelligence where the system can “learn” and improve on its own without needing to be programmed. And, Machine learning Experts are the professionals who create and develop these self-learning systems. It is no surprise that these professionals are in demand everywhere and hence, the packages offered to them are highly competitive. The initial salary (given to freshers) ranges between INR 7 – 15 LPA. Furthermore, this package only grows for mid-career professionals and reaches 27 LPA and beyond.
Blockchain Developer
Blockchain is a new field that is redefining everything from currency transactions, internet connectivity, to data security. Blockchain technology removes middlemen, reduces costs, as well as increases reach. Both the private and public sectors are slowly warming up to this new technology. Hence, there is a growing demand for Blockchain Developers in India. Due to the lack of skilled professionals in this field, blockchain developers can easily earn somewhere around INR 7-10 LPA when starting out. Experienced professionals can earn a salary up to INR 25 LPA and beyond.
Full-Stack Developer
Full-Stack Developers create both the front end as well as the back end of software or a website. This means they are both web developers along with having an understanding of database systems. As web developers, they either build the website from scratch or write the code for it. They modify the website’s appearance, CSS, HTML and adjust it according to the client’s business requirement, industry, as well as the target audience. When starting out, full-stack developers can easily earn a salary around INR 4-6 LPA. With experience, this pay can go up to INR 15 LPA or more.
Investment Banker
It is no secret that the job of an investment banker is one of the top-paying jobs in India in 2020. This is one of those career profiles that we have seen enough in movies. It is one of the best paying jobs worldwide. Investment Bankers assist their clients (could be a bank or a firm or even an individual) invest their money wisely for the highest possible returns. The initial salary in this job lies somewhere between INR 7-9 LPA and with experience can go up to INR 30 LPA or more.