When we are talking about Highest Paying Jobs that clearly Means NextGen Jobs. So in this article, I am Going to tell you that what are those 10 Highly Payable Jobs, Lists are as follows:
- Medical profession
- Data Scientist
- Machine Learning Experts
- Blockchain Developer
- Full Stack Software Developer
- Product Management
- Management Consultant
- Investment Banker
- Chartered Accountant
- Marketing Manager
So why are these Jobs are Highly Payable, The Reason is, all of these Jobs are Required High Skills which is Not a Cup of tea for Everyone. You Need to Learn and Adopt Many things. Let’s Talk About in Details.
Medical profession
Medicine is a vast field, and especially so in India. Medical careers are available across a multitude of educational and skill levels, but also in diverse fields such as homeopathy or allopathy.
Medicine falls into two categories:
i) traditional, also known as alternative, homeopathic, or holistic;
ii) modern, also known as Western, or allopathic.
By 2030 India will have one million additional MBBS doctors; currently being produced @50,000 per year. There are very few employment opportunities for qualified doctors in the public sector; at the same time, the average salary of MBBS doctors in urban private hospitals is very low. Paradoxically, in a country of 1.3 billion populations, there is no actual demand for medical professionals.
Here’s a list of the various healthcare/ medical career/Professions options in India:
- Audiology
- Ayurveda
- Dentist
- Electropathy
- Homeopathy
- Medical Lab Technologist
- Microbiology
- Naturopathy
- Nurse
- Nutritionist/ Dietician
- Ophthalmologist
- Orthopedics
- Optometry
- Occupational Therapist
- Pathology
- Pharmacognosy
- Pharmacovigilance
- Pharmacist
- Physiotherapist
- Psychiatrist
- Radiography
- Speech Therapy
- Sports Medicine
- Veterinary Science
- Yoga teacher
Data Scientist
According to SAS, Data scientists are a new breed of analytical data experts who has the technical skills to solve complex problems – and the curiosity to explore what problems need to be solved.
A data scientist requires large amounts of data to develop hypotheses, make inferences, and analyze customer and market trends. Basic responsibilities include gathering and analyzing data, using various types of analytics and reporting tools to detect patterns, trends, and relationships in data sets.
Skills Required for Data Scientist-:
- Statistics and machine learning.
- Coding languages such as SAS, R, or Python.
- Databases such as MySQL and Postgres.
- Data visualization and reporting technologies.
- Hadoop and MapReduce.
What’s in a data scientist’s toolbox?
- Data visualization: the presentation of data in a pictorial or graphical format so it can be easily analyzed.
- Machine learning: a branch of artificial intelligence based on mathematical algorithms and automation.
- Deep learning: an area of machine learning research that uses data to model complex abstractions.
- Pattern recognition: technology that recognizes patterns in data (often used interchangeably with machine learning).
- Data preparation: the process of converting raw data into another format so it can be more easily consumed
- Text analytics: the process of examining unstructured data to glean key business insights.
DATA SCIENTIST SALARY
- The average data scientist’s salary is ₹698,412.
- An entry-level data scientist can earn around ₹500,000 per annum.
- Early-level data scientists with 1 to 4 years of experience get around ₹610,811 per annum.
Machine learning
Machine learning is the process of using AI to ‘learn’ from existing data to make decisions with minimal human interaction or explicit programming.
What does a Machine Learning Engineer do?
In many ways, a machine learning engineer is a lot like a programmer. The primary difference is the machine learning expert needs to create programs that enable machines to self-learn and produce results without human intervention. In general, there are a variety of roles that a machine learning engineer might play.
Required Skills:
Here are a few areas that one must focus on:
* Programming: Learn a relevant language such as Python and develop additional programming skills in R, Java, SQL Scala and, etc.
* Data and Statistics: Develop an understanding of data analysis, data modeling, statistics, and probability, along with some basic data visualization skills.
Machine-learning expert salary in India
- In 2021, the average annual salary for a ‘machine learning engineer’ in India is INR 8 lakh ($10,757).
- According to PayScale, the median salary of an ML engineer stands at INR 6.8 lakh per year($9,382).
Blockchain Developer
There are two types of blockchain developers.
1. Core blockchain developers
These developers are mainly responsible for building the back-end (main engine) of Decentralized Applications (Dapps). Examples include Ethereum, Bitcoin, and Cardano Blockchains.
These developers typically write code using C++, Go, and Haskell.
2. Blockchain software developers
These developers are mainly responsible for designing and building the front-end of Dapps. The web and mobile interfaces that users interact with. Most blockchain developers fall under this category.
Which programming languages for blockchain?
This is the programming language that is used for creating Ethereum smart contracts.
It is used primarily for creating user interfaces.
These two languages are used by the blockchain core developers to build the back-ends of blockchain systems.
This is the programming language used by core blockchain developers in building the Cardano blockchain.
Blockchain Developer salary in India
- In India, the average annual salary is Rs. 801,938.
Full Stack Software Developer
Full-stack developers are experts in all the steps of application development
how to become a full stack developer?
A qualified full stack developer should have functional knowledge and capabilities for all aspects involved in building the application. This knowledge includes:
1) Programming languages
2)Use development frameworks and third-party libraries
3) Front-end technology
4) Database and cache
5) Basic design ability
5) Basic design ability
6) Self-requirements are also an essential factor to become a full stack developer
full stack developer salary in India 2021
- A full stack developer salary in India for a fresher is ₹375,000.
- A full-stack developer with early-level experience of 1-4 years earns a standard of ₹553,006 annually.
- An employee with mid-level experience of 5-9 years can secure about INR 12-14 lakhs.
Product management
Product management is an organisational function within a company dealing with new product development, business justification, planning, verification, forecasting, pricing, product launch, and marketing of a product or products at all stages of the product lifecycle.
Salary of product managers in India
According to PayScale, the average salary of product managers in India is ₹1,669,290 per annum.
Investment Banker
An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other entities.
Examples of investment banker employers are Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan Chase (JPM), Bank of America Merrill Lynch (BAC), and Deutsche Bank (DB).
The Top 5 Skills an Investment Banker Needs
- Arranging Financing
- Equity Financing
- Underwriting Deals
- Arranging Private Placements
- Negotiating Mergers and Acquisitions
How much is an investment banker salary?
On a per hour basis, investment bankers are not paid nearly as well. With most analysts and associates working over 100 hours per week, their hourly wages can range anywhere between $25-$35 per hour. That’s not bad, but it doesn’t sound as good as $100,000 a year did.
Investment banker salary table
| Title | Base Salary | Bonus | Total Remuneration |
|---|---|---|---|
| Analyst | $85k – $100k | $50k – $100k | $125k – $200k |
| Associate | $100k – $120k | $80k – $130k | $180k – $250k |
| Vice President | $120k – $150k | $100k – $250k | $220k – $400k |
| Managing Director | $300k – $1M | $200k – $10M+ | $500k – $10M+ |
Source: industry sources.
Chartered Accountant
A chartered accountant (CA) is an international accounting designation granted to accounting professionals in many countries around the world, aside from the United States. In the United States, the equivalent to the CA designation is a certified public accountant (CPA).
Average Chartered Accountant Salary in India
- The average salary for a Chartered Accountant is ₹797,786
Marketing Manager
A marketing manager’s job is to promote a business, product, or service. They make sure that the company is communicating the right messaging to attract prospective customers and retain existing ones.
What skills does a marketing manager need?
These are some of the most common hard and soft skills listed in job postings for marketing roles:
- Budgeting
- Communication
- Collaboration
- Creativity
- Curiosity
- Data analysis
- Empathy
- Flexibility
- Innovation
- Leadership
- Organization
- Persuasion
- Planning
- Project management
- Writing
Average salary of a Marketing Manager
- The average salary for a Marketing Manager in India is ₹678837.
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