Highest Paying Jobs
HIGHEST PAYING JOBS | ENTREPRENEURS AND COLLEGE GRADUATES
Each one of us wishes for a financially stable life. Financial stability is important so that people can live a high quality life and have a secure future.
Every student once in his or her lifetime thinks- Which job has the highest salary in India? Also, there is a myth that a student with a graduation degree cannot earn a good income. However, there are many fields in which if students study more they can earn more.
In India, today also lakhs of students choose to become an engineer, a doctor and an architect. Even After so many changes in the job market, these professions are respected as they were respected years ago. Today, in the Indian job market, there are a lot of other job options available and which has revolutionized the job market in India.
No one can deny that if a job pays well, it is a major attraction for most people. Thinking about monetary benefits is not a bad thing because money is a crucial part of our life.
So, if you are interested to know about the highest paying jobs, you are on the right page. In this article, you will get to know about the highest paying jobs for entrepreneurs and college graduates.
Here, we will list down 5 highest paying jobs for entrepreneurs and college graduates as well. Also, other than these 5 highest paying jobs there are more job opportunities which are available. According to us, listed down jobs are the highest paying jobs and will remain in demand in future as well:-
COMMERCIAL PILOT
Becoming a commercial pilot is the dream of many students. Many students take this as our passion for exploring the world by traveling to different destinations.
A Commercial Pilot is a person who can work for the federal government, private or public airlines companies, private businesses, charter companies, express delivery companies, rescue operations and flight schools. In addition to flying the aircraft, a commercial pilot has to also manage the aircraft. He or she has to ensure that all flight operations are done safely. This includes complying with aviation regulations, operating the airplane safely, pre-flight checks etc.
Education required for becoming a commercial pilot is that they must have an undergraduate degree in a relevant field, preferably a Science based subject such as Mathematics or Physics. They must have Commercial Pilot License from a recognized institute and other licenses such as Airline Transport Pilot Licenses.
Commercial pilots have a very good pay scale. The average base salary for a commercial pilot ranges from Rs. 17 lakh to Rs. 22 lakh per annum. A pilot who has less than one year experience can also get a package of Rs. 15 lakh per annum.
SOFTWARE ARCHITECT
So, basically every app or every website we see in our mobile phones, laptops, and desktops, is designed by a software architect. Basically a software architect is a computer programmer. We are now completely dependent upon the Internet. Even if you want to search for a shop near us, we just go on the search bar and get multiple options.
All thanks to the internet which has created such an opportunity for us. Software architects essentially take on tasks like coding, providing software solutions, creating new web services, creating new applications, gaming applications and many more. They can work in a firm as an employee or they can also have their own business and start as an entrepreneur.
Education requirements for becoming a software architect is to have an undergraduate degree in computer science or a related field may be necessary. They must have knowledge of operating systems such as HTML, JavaScript, C++, etc. as an added advantage.
They have a very good pay scale, starting salary can be 10 lakh per annum and vary from 30 lakh per annum. With the increase in experience, the salary package also increases.
CHARTERED ACCOUNTANT
Chartered Accountants (CA) are members of the ICAI (Institute of Chartered Accountants of India) which is the only national accounting body in the country. CAs are always in demand because there is a huge shortage of these professionals. Every firm needs a CA, may it be a small firm or a big firm. This is a very secure job in terms of job security.
Companies such as Standard Chartered, BHEL, and Citibank are some of the top recruiters for CAs in the country. However, CAs can work in a firm or can also open their own CA FIRM they can be Entrepreneurs as well.
When we talk about education, everyone who wishes to become an CA has to clear the ICAI CA Exam that is referred to as the Institute of Chartered Accountants of India. This examination has 3 levels stated:-
- CA Foundation
- CA Intermediate
- CA Final
They also have a very good pay scale. Starting from 8 to 9 lakh per annum and goes up to 20 lakh per annum. More the experience, greater is the pay.
INVESTMENT MANAGER
The role of investment manager is to take care of the financial assets of their clients. This field is growing day by day. They are also brokers and advisors who help their clients to invest money so that they can increase returns when the right time comes.
In addition to this, investment bankers also help with acquisitions and mergers, they conduct research and act as financial advisors to corporate organizations as well. With the increase of new financial companies in the market, demand for skilled and knowledgeable investment managers has increased incredibly and will grow more in future as well.
Education requirements including a Bachelor’s degree or Postgraduate degree in finance, accounting, or economics is highly recommended. Many students also do MBA to enhance their expertise in statistics and calculations and good verbal skills.
Investment managers have a very good pay scale, with no experience a candidate can achieve a salary package ranging from Rs. 6 lakh to Rs. 12 lakh per annum. However, with increase in experience, salary package can go up to Rs. 40 lakh per annum.
MANAGEMENT CONSULTANT
Management Consultant helps the organization to improve their performance, and solve problems while maximizing growth. This profession is high in demand because companies want more people who can handle and tackle problems and help them grow. Management consultants are concerned with the management, structure, and strategy.
The growth rate of this industry is around 30% and there is a 4.1% growth seen in the industry globally.
Education requirements to have a Bachelor’s or Master’s degree in any business discipline is essential. However, there are a number of specialized courses available for graduates, those specializing in Economics, Finance, or Accounting can also become management consultants.
The Pay scale of a management consultant is also good. Fresher’s with no experience can get a salary package ranging from Rs. 7 lakh to Rs. 8 lakh per annum. Those who gain experience in this field can have a salary package ranging from Rs. 15 lakh to Rs. 25 lakh per annum.
