Top 5 High Paying Jobs in India
- 1 Top 5 High Paying Jobs in India
- 1.1 Top 5 High Paying Jobs in India are as follows :
- 1.2 2) Machine learning engineer :
- 1.3 3) Management consultant :
- 1.4 4) Social Media executive
- 1.5 5) Investment Banker
Nowadays everyone is having a dream about High Paying Job in India, In this tough time, everybody is worried about their carriers. We all know that the impact of the coronavirus is long-lasting. And there is no doubt that it is going to affect the economy of ever country badly. Coronavirus is not only infecting our health but also infecting our economies.
Nearly 90% of the businesses in the world are shut down. The buyers and sellers both are now in their homes and struggling for survival. According to one report, every 4 workers out of 5 will be unemployed due to the corona effect because a lot of businesses will be bankrupt after this coronavirus. Now what we can do to survive in the economical crisis. Because the recession is already started and nobody knows when it will end.
But Don’t fear, this is time to fight against the bad situations. One thing is sure that only skilled people will able to grab a job after COVID 19. because in the companies there is no time and even no money to invest in the recruitment process. You must have the skills to survive. We are going to discuss that 10 skills which can give you one of the highest paying and prestigious jobs in the future.
Top 5 High Paying Jobs in India are as follows :
1) Data Scientist/Analyst :
The world is changing now. Nearly all the businesses are now adopting the technology in the business. The Internet is now reaching every part of the world. Android created the biggest market in the world. Social media platforms like Facebook, Twitter, Linkedin, Youtube, and Instagram are now manipulating the market. There are various other platforms there as well.
They are collecting a large no of data from the users. Data is becoming the most expensive thing in the world. The companies are following the marketing Strategies only based on collected data. There is no doubt that data science will be the future of all the businesses in the world.
What is Data Science?
Data science is collecting, processing, analyzing data, and using it for the effective marketing of the products of the companies.
For eg. Amazon or Youtube recommendations
Youtube only shows you videos that you like or videos in which you are interested.
Amazon shows you products which you like.
Skills Needed :
Mathematics (only basics )
knowledge of database
Educational Qualification :
Educational Qualification is no barrier to becoming a Data Scientist. But You may do the following courses to become a Data Scientist.
Any Graduate degree in Computer science field. Eg. B-Tech, BSC, Bcom
(Note: You must learn the skills required. This may not be in the syllabus of above courses)
Data Science specialization. Eg. Master of data science.
Salary Package (Average) :
In India the average salary package for the fresher in this field is as follows :
India : 9,50,000
Mumbai : 11,50,000
Pune : 8,50,000
Benglore : 10,30,000
The above packages are given according to the average salary package. The growth is also seen in their salary rapidly. All the cities mentioned above are the biggest job providers in the field of data science.
Top Companies :
Amazon – – Hyderabad/ Bangalore
Walmart labs – Bangalore
people interactive – Mumbai
Gray Atom – Mumbai
Procter and Gamble – Hyderabad
2) Machine learning engineer :
It also comes in the category of Information technology. As all the companies are adopting the technology. Every company wants to make a profit within the minimum investment. Most of the investment of the many companies go on the workers and the employees. There are many facilities which companies provide to employees like breakfast, trips and many more.
But machine learning technology solved this problem of the companies. Now we can develop a single machine which handles work of approximately up to 5000 employees. A lot of costs are reduced due to this technology. Many employees already unemployed due to machine learning technology. And still, Machine learning is growing. According to one report in future machines can handle 100% work in the production department.
Skills required for machine learning :
Computer Programming in Python / R
Mathematics and statistics
- The skills are nearly the same as that of data science.
Educational Qualification :
Any graduate or postgraduate degree in Computer Science
Any Specialization course in Machine learning and AI (Artificial intelligence )
(Note: Educational qualification is not very important. Your Skills only important to be Machine learning engineer)
Average Salary Package :
nearly 90% of all the jobs of machine learning are for freshers.
And the nearly the average package of machine learning jobs lies between 0-15 lacks. This huge package amount shows what is its demand in the future.
Following are data about machine learning packages for the freshers in India:
- 0 – 3 Lakhs (11% Jobs)
- 3 – 6 Lakhs (9% Jobs)
- 6 – 10 Lakhs (5% Jobs)
- 10-15 Lakhs (38% jobs)
- 15 – 25 Lakhs (38% Jobs)
Top companies :
- Amazon – Bangalore
- IBM – Banglore
- ICT infotech – Gurgaon
- Accenture – Mumbai
- Zycus – Mumbai
3) Management consultant :
The primary work of the management consultant is to solve the problems of the companies. improve performance, and maximize growth. You’ll be concerned with the strategy, structure, management, and operations of the company.
Skills Required :
- Basic Business Knowledge
- Management skills
- problem-solving ability
- Communicational skills
Educational Qualification :
- bachelors degree in business management or economics
- MBA degree (specialization in finance, marketing, HR, etc)
In this field, your degree matters more than skills. Because in the above two options you can show your skills to the employer through your project or programming. But here you must have a degree.
Salary Package :
Most of the business consultants were hired based on the hourly package.
The average salary package of the management consultant in India is as given below :
Nearly every company higher management consultant on a contract basis.
There work is to manage work to guide the employees for work, and to motivate them.
4) Social Media executive
It is one of the finest carries options in India. It is a demanding carrier option.
As the use of social media is increased Nowadays it becomes the biggest platform for marketing and the advertisement. Success fo your product depends on the reach of your advertisement to target audiences.
Skills required :
- Digital Marketing
- Knowledge of various social media sites
- Knowledge of marketing
Educational qualification :
There is no educational qualification required in this field. Everything is depending upon your skills. You need skills and various techniques to increase your reach. Problem-solving is also important.
Where to Learn these Skills?
- Youtube is the best option to learn such skils
- You can purchase online or offline course
Average salary :
salary is dependent on your skills. If you are skilled you can also run your own business and you can offer companies to take your service.
You can earn up to 8-10 lakhs at the beginning after that there no upper limit.
You can earn even up to 1 crore per anum.
5) Investment Banker
This is one of the great carrier options in India. There is a lot of awareness is spread about the investment. And everyone wants to invest his money in the stock market rather than saving in banks.
The investment banker is the person who helps people for investing their money in the stock market wisely. There a lot of opportunities in this profession. If you have skills then you can earn a very large amount of money. And there is no upper limit to earn money. You can earn lifetime unlimited money in this field.
Skills needed :
- goog statistics skills
- Strong research and analytical skills
- Knowledge of stock market
- strong verbal communicational skills
Most of the students in India opt MBA to learn IB (investment Banking) but instead of this, you should learn with the skills-oriented approach. There are lots of opportunities in this field. But you must know the skills required.
Salary packages(average) :
The experienced investment banker can earn up to 30 LPA and more also.
But for the fresher package range from 8-10 LPA.
All of the above-mentioned jobs are the highest paying jobs in India. You must know the skills for working in the above field. You can earn up to the amount that you want even in a recession after learning the above skills. You can choose any of the above 5 skills to make your future bright. Recession is not causing worry but it is dependent on your skills.
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