Top 10 Highest Paying Private Jobs in India and Career Options

Safalta Expert Published by: Kirti Singh Updated Fri, 02 Sep 2022 01:16 PM IST

Highlights

Are you looking for the highest-paying private job in India? If Yes, then read this full article to get complete knowledge of private jobs with lucrative salaries and a better career option.

Highest Paying Private Jobs 2022: With the emergence of Digitised products in every walks of life, the opportunity for job seekers is immense in these categories. This has also changed the approach of government and privatization is taking place. In this situation, the conviction in the private sector is also increasing day by day. In India where people believe the Government job to be a good option is also shifting to the private sector. It's all because of more opportunities, attractive salary, work style, growth, and job satisfaction.

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Private sectors reward the employee with respect to promotion if he or she has good performance. Moreover, it provides greater opportunities and different recruitment drives which happen throughout the year. Today it's easier to find a private job as compared to a government job. Also, private job attracts today’s generation because of their cut-throat work ethic and professionalism.
Private jobs also help in developing the personality of the employees. You can be more confident working in a private firm than a government job employee. Also, private jobs take care of their employees. Different Perks and Privileges are provided to a private sector employee. Private firms are always awarded for their daily performances. The work culture of a private company is completely different from a government one. You get to know different challenges and adventures doing a private job.

Hence, in this article, we will be discussing the top 10 highest-paying private jobs in India and career options. This will help you to choose the correct career option in the private sector with an attractive salary and also answer which private job is best in India.

Table of Content:

1. Healthcare (Medical Professionals)
2. Business Manager
3. Software Architect
4. Data Scientist & Digital Marketing
5. Commercial Pilot
6. Product Manager
7. Chartered Accountant
8. Investment Manager
9. Air Hostess or Cabin Crew
10. Marketing Manager


List of Top 10 Highest Paying Private Jobs in India and Career options:

1Healthcare (Medical Professionals):

Medical professionals are having one of the highest pay scales in the private sector in India. The salary package of the medical experts depends on their specialization stream. Moreover, doctors are the most reputed professionals with a high pay scale. The doctors also work for their personal clients after their jobs which helps them to earn more and increase their earnings. Traditional specializations like Pharmacy, Dentistry, and Optometry are also high-paying healthcare channels. Top employers like Apollo, Fortis, Max are the high-paying private organization in India.

Salary:
In India, the average salary of a Health professional is 10 LPA. The average salary earned by a general physician in India is around Rs.7 LPA and the salary earned by a General Surgeon is around 12 LPA.

Educational Qualification:
 The basic requirement is a health professional is a degree of Bachelor of Surgery and a Bachelor of Medicine (M.B.B.S) from a recognized Institute from Medical Council of India (MCI). Moreover, in postgraduation, the aspirant can select specialization of their interest like Orthopaedics, Surgery, etc.

2. Business Manager:

Generally, high-paying jobs require lots of experience. This is the most highest paying private job in India. Business Management is the organization and coordination of business activities. Business manager of a private company helps their employees to reach the top productivity level. They also train their new employees to reach the financial and operational objectives of a business. This is one of the Private Job with Good Salary.

Salary:
As a business analyst, you can get a package of around Rs.20-30 LPA as a fresher. Business managers with experience of up to 4 years can get an average pay scale of Rs. 50 LPA. Moreover, with experience of up to 5 to 9 years, you can get an average pay scale of Rs.70-80 LPA.

Educational Qualification:
The educational qualification for a business analyst is an MBA (Master of Business Administration). If you have done MBA from a top Business School in India then you can earn a higher salary. Some prestigious colleges are IIM, Delhi University, IIT, JBIM, IIFT.

3. Software Architect:

A software architect is a software developer or computer programmer who finds out which technologies and processes should be used by the development team. Moreover, for the production of high-performance software systems, they collaborate with other experts. Also, they also do troubleshoot for coding problems. The software architect can be employed by a large company or they can start their own. It is one of the highest-paying jobs in India.

Salary:
The average pay scale a software architect can get is around Rs. 23 LPA. Also, the salary for their entry-level is generally around Rs.9 LPA. Being one of the highest-paying private jobs in India, the salary of a software architect increases with experience.

Educational Qualification:
The aspirant should have an undergraduate degree in computer science or a related field. Also, you can get a Master’s Degree in a similar field to be a Software Architect. Knowledge of different operating systems like C++, HTML, JavaScript, etc. is an advantage in this field.

4. Data Scientist & Digital Marketing:

A data scientist analyses, process, and model data and then clarify the results to create an actionable for organizations and companies. They are the analytical experts who find trends and manage data with their skills both in social science and technology. They use skepticism of existing assumptions, contextual understandings to give solutions to different business challenges.
Digital Marketing means using online marketing technics to promote and sell products. The basic technique of digital marketing is social media marketing, search marketing, and email marketing. It has no difference from original marketing. It helps in making awareness of the product both after and before the sale. Also, it will help in shortening the Buyer's Journey by showing correct offers at the correct timing. Is has proved to be a private job with good salary in India.

Salary:
The salary of a Data Scientist is between Rs.4-12 LPA with limited or no work experience. With experience of 5 years, they can get a pay scale up to Rs. 60-70 LPA. The average Data Science salary is around Rs. 10 LPA in India.
The average salary of a Digital Marketer is Rs. 6.6 LPA. The payscale mainly ranges from ₹ 3.1 Lakhs to ₹ 14.0 Lakhs.

Educational Qualification:
The aspirant must have an undergraduate or postgraduate degree in a relevant field such as Computer Science, Business Information Systems, Economics, Mathematics, Statistics, etc.
For becoming a digital marketing expert a bachelor's degree in marketing, advertising, communication, or journalism should help. Learn digital marketing techniques and also, can do Masters in Digital Marketing.

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5. Commercial Pilot:

A Commercial Pilot is one of the private job with good salary. They can fly rescue operations, firefighting, charter flights, crop dusting, aerial photography. They follow a checklist of preflight checks on hydraulics, engines, and other systems. Also, check the fuel, flight schedules, and weather conditions. They work for airline companies, express delivery companies, private businesses, flight schools, and hospitals.

Salary:
The base salary of a commercial pilot is around Rs. 17 LPA. A pilot with no experience or less than one year of experience can get a salary of around Rs. 15 LPA. It also includes different bonuses, overtime pay, etc.

Educational Qualification:
The aspirant should have an undergraduate degree in a relevant field. Science-based subjects like Mathematics or Physics are more preferred. Also, the candidate should have a Commercial Pilot License from a recognized institute. They are required to be physically fit and must pass all the medical examinations.

6. Product Manager:

A product manager identifies the need of customers and is responsible for the development of products for an organization. They are visionaries and they guide the success of a product. They also lead the team that is responsible for its improvement. This role is important for organizations (generally in Technology companies). This post completely answers which private job is best in India.

Salary:
The average salary of a product manager in a technology company is around Rs. 18 LPA. Also, the base salary is around 9-10 LPA. As a product manager, your salary will enhance with your experience.

Educational Qualification:
The candidate must have an undergraduate degree in Computer Science or a related field. If you have previous experience in management then it is an added bonus for you. Additional knowledge or industry certifications about software may be required.

7. Chartered Accountant:

A Chartered Accountants (CA) works in the field of finance and business, including financial and general management, taxation, and auditing. They are the members of Institute of Chartered Accountants of India (ICAI). It is the only national accounting body in India. In India, there is a high demand for CAs. Also, there is a huge shortage of Chartered Accountant In India. That’s why this profession is highly lucrative and is one of the Top 10  Highest Paying Private Jobs in India

Salary:
The starting salary of a Chartered Accountant is around Rs. 6-7 LPA. It can rise up to Rs.30 LPA. The Chartered Accountant with experience of around 3 to 4 years can get a salary up to 8 to 12 LPA. It increases with an increase in salary.

Educational Qualification:
The candidate should have a graduate or post-graduate degree with a minimum of 50 % marks. They just have to clear exams conducted by ICAI (Institute of Chartered Accountant. 

8. Investment Manager:

A manager manages an investment portfolio on behalf of the clients. They provide an investment strategy that decides how to divide the client’s portfolio among different types of investment. They are also advisors and brokers who help their clients to invest their money in a lucrative market to maximize return. There is a high demand for skilled investment managers as new financial companies enter the market.

Salary:
The average salary of an investment manager is around Rs.15 LPA. This is one of the highest-paying Indian jobs. The salary for entry-level is around Rs.4-12 LPA. With the experience, the salary of an Investment Manager can go up to Rs.40 LPA.

Educational Qualification:
The candidate must have Bachelor’s Degree or Postgraduate degree in accounting, finance, or economics. Or, they can have specialized advanced certifications or an MBA. Candidates with good analytical skills and strong research skills are required. Moreover, they should have experience in calculations and statistics with good verbal skills.

9. Air Hostess or Cabin Crew:

These are the employees of airlines and they ensure the comfort and safety of the passengers on both national and international flights. They coordinate with security, making the travel comfortable for the passengers. They have many responsibilities on a plane. Also, it doesn’t need more higher education to be an air hostess or cabin crew.

Salary:
The initial salary for an air hostess or cabin crew is around Rs, 4 LPA. The Mid-level salary is around Rs. 6 LPA. Moreover, the senior level salary for a cabin crew or air hostess is Rs. 9 LPA.

Educational Qualification:
The candidate must be 12th pass or equivalent exam with a minimum of 45-50 % marks. The minimum passing marks vary from institute to institute. The aspirant must be fluent in English and must have an Indian Passport.

10. Marketing Manager:

A marketing manager promotes a product, business, or service. They plan many activities like advertising, email campaigns, launches. They ensure that the company is communicating the correct messages. These will attract customers and also retain existing ones. They have a deep understanding of the target audience, addressable market. This was one of the highest salary private jobs in India.

Salary:
The average salary of a marketing manager is around Rs. 8 LPA. Also, the entry-level gets a salary up to Rs. 4 to 6 LPA. The mid-level gets a salary between Rs.10-12 LPA. Moreover, the more experienced managers get a salary up to Rs.15-22 LPA.

Educational Qualification:
The candidate must have a bachelor’s degree in Marketing Management or Business Administration. The candidates specializing in Finance/ Accounting/Business Law/Statistics/Economics can also become marketing managers.

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