If you are passionate about your field of work, make sure that your love for the work is duly rewarded with good pay. The degree or certification attained by you will go a long way in determining your future pay scales. Here is a list of top 10 highest paying degrees which might of help to you:
1) MBA or PDGM:
The fact that this one features at the top of our list of highest paying degrees dispels that iota of doubt that management is indeed the most preferred career of the youth today. As a fresher with an MBA or the PDGM you are entitled to salaries around INR 7- INR 15 lakhs per year. However, there will be some major factors influencing the kind of earnings. The degree has to be attained from an A rated institute. With a host of management schools coming up every year with more number of students passing out, hirers have etched out effective methods to fish out and recognize true talent in this manner.
2) SAP Certification:
Considered to be one of the most lucrative career options, individuals with specialization in SAP are entitled to average salaries of as high as INR 6 lakhs to INR 12 lakhs, based on the sector you are hired in viz HR, Accounting and your knowhow about your field.
3) CA :
Attaining this degree is no piece of cake. You need to explore all your good qualities like patience, diligence, labor and good will to clear the final level of Chartered Accountancy. However you will be amply rewarded once you pass out with even freshers pocketing something around INR 5 - INR 7 lakhs per years. An additional MBA degree in finance and growing work experience can result in salaries shooting up to INR 18 - INR 24 lakhs per year.
Know Ca Salary in India
As Law has featured in most of the lists of the high paying jobs in India, it can be easily concluded that LLB is a degree which can fetch high salaries. Salaries will vary in accordance with the sector you are working for viz private or public-however on an average freshers passing out from National law school can earn around INR 6 lakhs to INR 9 lakhs per year, while those with considerable experience can demand something around INR 10 lakhs - INR 15 lakhs per year. However, LL.B is a must for all lawyers irrespective if your field of expertise viz. Corporate Law, Cyber Crime, Administrative Law, Family Law, Criminal Law etc. A recognized lawyer can even charge a crore each case depending on the complexity and intricacies of the same.
5) MBBS: Bachelor of Medicine and Bachelor of Surgery-This one is an absolute necessity for aspiring physicians willing to rake in handsome pay packets. Though usually specialized surgeons are in for better salaries than normal physicians, doctors can earn as high as around INR 4.5 lakhs - INR 6 lakhs minimum per year on being employed. Private practice will result in salaries in accordance with the kind of fees you will be charging each patient.
6) Master of Computer Applications, Computer Science:
According to payscale.com software engineers with this degree can earn approximately around INR 100,671 - INR 905,883 a year.
7) Master of Arts, Economics:
According to payscale.com an individual with less than a year's experience on an average can earn more than INR 2 lakhs (approx) per annum, salaries going as high as INR 6 lakhs (approx) per year with more than 20 years of experience.
8) Degree in Software Development:
Being around 10-12 years in the block with this degree you can charge around INR 7.5 lakhs - INR 10 lakhs from the IT industry.
9) Civil Engineering:
Even a bachelor's degree can get you average salaries of more than a lakh per year, reaching as high as INR 8 lakhs or more per year with experience.
10) Master of Technology or MTech:
Even a fresher can expect to earn something around INR 3 lakhs per year depending upon your knowledge and expertise.
*Salaries are subject to change with time and may vary according to company policies. Information has been primarily sourced from chakreview.com, and payscale.com