Top Jobs in India

As a result of the economic liberalization policies of the government, India has seen a significant growth in the employment sector. Many new industries, namely the outsourcing industry, have emerged in India ensuing more job opportunities for .local youth.

According to a study conducted by Naukri.com, a prominent online job portal and Ma Foi Randstad, an eminent HR consultancy firm on Indian employment scenario, the Indian job market is likely to expand in 2011.  Some of the findings of the study that shows robust trends of the job market are as follows:

 

• The top job creating sectors will be pharmaceuticals, real estate, construction, healthcare and hospitality, IT and ITES sectors.
• According to the study conducted by Ma Foi Randstad, which covered 650 companies in 13 different sectors, total job creation is expected to touch the milestone of 1.6 million in 2011.
• The Naukri JobSpeak index, which measures new job creations in the market, is also showing an upward trend.
•  The top cities which are likely to experience an employment growth rate of 18-20 per cent in 2011 are Pune, Kolkata and Chennai.  
• Job creation in the banking and finance sector will be slow but the trends will remain steady.  

 

Following is the list of highest paying jobs in India. One can choose from the below mentioned sectors for a rewarding career.

 

Managers and MBAs: The demand for skilled and experienced managers is always on a rise. The increased demand has also led to an increase in the number of business schools in India. MBA students from the top notch B-schools can expect a pay package of INR 7 to INR 8 lakhs annually depending upon the sector. The IIMs remain the primary target for the top companies to recruit aspiring managers.

IT and software: Globalization has seen the birth of outsourcing industry in India and it is currently ruling the Indian job market creating thousands of jobs every year. The IT sector comprises both software and IT enabled services. Factors like substantial availability of English literate graduates and cost effective environment have encourage the outsourcing industry to flourish in the south Asian country. Some of the most sought after careers in the IT sector are of software developer, software engineer, Quality Assurance (QA) engineer etc. Depending upon their profile and company, software professionals can expect a pay package of INR 7 to INR 8 lakhs annually. The salary can even go up to INR 1 lakh per month as well.

 

Healthcare: Healthcare is always considered as one of the most sought after careers in India and it is also among the highest paying professions. Specializations can help aspiring doctors make a better career. Surgeons and specialists always enjoy high demand. Salaried doctors can expect a pay package of INR.4.5 lakh to INR 6 lakh per annum.

 

Aviation: Recently Indian aviation industry has witnessed exponential growth with the introduction of budget airlines. Also many international airlines have introduced their flights from India, which has opened wide range of career options for young professionals. Remuneration in aviation industry can range between INR 7,000,000 and INR 9,500,000 depending upon the job profile.

 

At entry level pilots and flight engineers can earn between INR 4,000,000 and INR 5,000,000. Stewardesses and stewards can earn an annual salary of INR 400,000 to 600,000. Salary for ground traffic controllers ranges between INR 500,000 and INR 600,000.

 

Oil and Natural Gas industry: Indian oil industry has undergone severe modernization. It is currently the highest profit maker of the country. Hence, the industry offers great career options to aspirants. Professionals working in this sector are also one of the highest salary earners. At the entry-level one can expect a pay package of INR 350,000 to 400,000 lakhs par annum along with perks and added benefits, which can easily add up to INR 120,000.

 

SAP Consultants: As businesses are becoming more technically dependent SAP and ERP professionals are experiencing very high demand. To become a SAP professional one needs to earn a certificate in managing the software. Qualified ERP managers and SAP professionals can earn between INR 6 lakhs to INR 12 lakhs depending upon their designation and experience. 

 

Law: The changing economic scenario of the country has also initiated the demand for legal professionals at different segments of the society. Currently law graduates experience high demand for corporate and patent law experts along with other categories of law. For qualified legal professionals salary is not a constraint. To become successful in this profession one needs to be hardworking and possess detailed understanding of national and international laws.

 

Chartered Accountancy: Qualified chartered accountants are always in demand by business houses. Irrespective of their size, businesses will always need the services of CAs and hence, it remains a rewarding career for young professionals. The profile of a CA includes maintaining books and ledgers and preparing annual financial reports. CAs can find jobs with companies and CA firms. They can also set up their independent firms.

 

Latest Jobs in India