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Wednesday, 28 March 2012

Top paying career options in India

The Indian job industry is booming and making its mark. With the new age where students get pre-placement offers setting in, now the time has come whey you get a high salary job even before you move out of your college. A lucrative offer always make you thing twice for a job offer. Money factor is really important while choosing a career. If you are getting high paying jobs then you surely want to pursue that career.
Master in Business Administration: The most sought after course Master in Business Administration is one of the highest paying career options in present situation. And if you are pursuing your degree from an 'A' grade institution such as the Indian Institute of Management, or IBS you can easily get an offer of Rs 750,000 to Rs. 800,000 per annum as a fresher.
Varde Pandse, Director Cerebrus Consultants says that the entry-level salary is expected to go up even more. The salaries also differ according to the industry. "Today, the finance sector offers huge sums and has crossed the earlier darling of MBAs - the FMCG sector."
Career in Airlines Industry: Indian airline industry is going through a sea change. Earlier it was just government airlines which were leading this industry, but now the situation is quite different. Lots of new airlines have come into the market. Due to this change, this industry is experiencing noticeable growth. The new airlines are hiring more and more new pilots and support personnel to deal the increasing demand. Salaries for experience pilots and jumbo pilots -both passenger and cargo-range from Rs. 7,000,000 to Rs. 9,500,000 with international certified captains at the top scale. Entry level pilots and flight engineers typically earn Rs. 4,000,000 to Rs. 5,000,000. Stewardesses and stewards can also earn good pay packages between Rs 400,000 to Rs. 600,000. Experienced air traffic controller can get a salary of Rs. 500,000 to Rs. 600,000.
Software Engineer: India's information technology field has seen big growth over the last decade. This is one of the most promising and rewarding career options. In this career professionals can earn a lot in this industry. Experienced top tier software development managers, essentially the CEO or high end positions of a software project, and can earn salaries of Rs. 1,200,000 to 2,000,000 per year. Salaries for project managers and leaders, responsible for hands-on work and supervision in software production, are between Rs. 900,000 to Rs. 1,30,000 range. Software engineers and programmers can earn well which can range between Rs. 800,000 to Rs. 850,000.
Mechanical, Electronics, Chemical Engineer: Engineering is a vast field and one can create his/her career in this sector. This sector requires lots of hard work and innovation. To excel in this field one thing is most important and that is dedication towards work and abilities to create something new. This is really a good career option for those who want to try their hands in creating something new for the industry. In this field a person can earn good amount of money. In this sector salary depends upon your experience and hands-on experience of the field or knowledge of the field. Being a fresher you can earn between Rs. 400,000 to Rs. 500,000. If you have completed your graduation from one of the top IITs then there are fair chances of that you may get picked by industry before completion of your program. Varde Pandse, Director Cerebrus Consultants said, "Talking about the salary for mechanical, chemical or electronic engineers, generally its the information technology sector that commands the most and in case of others it is generally 20 per cent lower than the salaries offered by IT sector."
Chartered Accountant: If a career in management does not attracts you much then you can look forward to a career in Chartered accountant or the CFA. Every company big or small needs their account to be maintained and that is the place where you can fit in. If you love to play with numbers and you are number crunching wizard then this is certainly your cup of tea. This is not new career option but still many students are not much aware about the prospects and potentials of this field. You can find a job in private sector but government sector is the one who has monopoly this field and anyone who wants to make a career in this field will definitely get a good salary package and bucket full of perks. If you have good knowledge of your field you can earn a handsome salary as a fresher between Rs. 350,000 to Rs. 450,000 per annum.
Medical Career: A career in medical field is considered as one of the most respectable career. Students choose this option after their 10+2 itself. There are various specializations in this field. Students can choose to specialize in any of the streams which interest them most. Aspirants of this field can earn well in this field. The salary in general practice begins at about Rs. 300,000 during internships. After having some years of experience, a general practitioner can expect wages of Rs. 400,000 to Rs. 500,000. General surgeons can earn between Rs. 450,000 to Rs. 600,000 and a cardiac surgeon almost double of it.

Offshore Drilling: India's public sector Oil and Natural Gas Corporation is the country's highest profit churner. Pay scale in this industry is very good, with offshore oil drilling career being the highest earner. Entry-level worker can expect salaries in the Rs. 350,000 to Rs. 400,000 with additional perks and packages of Rs. 12,000 to those numbers. This sector provides you all kind of perks such as car purchase advance, home furnishing, lifetime health care and retirement stipends.

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