Which Are The Best Career Options In India

After having toiled for many years through school life and graduation, we all deserve a career that satisfies us mentally and financially. Also, in the face of a global pandemic, questions regarding job market, employability stats, relevance and growth of a particular career in the future, job security are cropping up more often than not. Which are the best career options in India, is most definitely a question in the minds of most students.

This Story also Contains

1. Best Career Options For Future in India
2. Doctor (Specialists & Surgeons)
3. Data Analyst/Data Scientist/Statistician
4. Artificial Intelligence/Machine Learning Expert
5. Investment Banker
6. Product Manager
7. Corporate/Cyber Lawyer
8. Conclusion

But if we look at the positive side, it has opened up several exciting and futuristic avenues, especially for the youth of developing countries like India. We now have a gamut of job opportunities with excellent salary packages across various industries; for example, the highest-paying jobs can be found in IT, Banking, Financial Services and Insurance (BFSI), Healthcare, Marketing and Data industry. Here, we will be discussing the top career options in India. Let us look at which are the best career options in India, one by one.

Best Career Options For Future in India

Now that we have taken a brief view of which are the best career options in India, let us understand a few of them in detail.

Doctor (Specialists & Surgeons)

The healthcare industry is bound to grow by leaps and bounds in the years to come, as the healthcare market is expected to touch $372 billion by 2022, according to recent data by Invest India portal. The global pandemic has only hastened the process and it is for the best.

Therefore, the times are highly conducive for aspirants who are pursuing or wish to pursue a career in Medicine. Moreover, your specialisation after 5 ½ years of MBBS and expertise will decide the salary package you get. Specialised doctors like Dermatologists, Cardiologists and Surgeons are rewarded with brilliant salaries. Medicine is indeed one of the best career options for the future in India.

Salary Range: Initially, Doctors earn anywhere between Rs. 10-12 LPA which only increases with experience. When at a senior position, the salary can range from Rs. 50-70 LPA, sometimes touching crores for a few highly seasoned professionals!

Top Recruiters: AIIMS, Max, Fortis, Apollo; private practice.

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Data Analyst/Data Scientist/Statistician

The entire world is data-driven now, which opens up a plethora of profitable and growth-oriented profiles in the job market. The trending and hottest job profiles are that of a Data Scientist/ Business Analyst/ Statistician/ Market Researcher/ Risk Analyst/ Cost Estimator/ Financial Analyst/ Indian Statistical Officer/ Actuary and many more high-paying job profiles. This is one of the best career options for the future in India.

To make a career in any data-driven industry like IT/ITeS or BFSI, one should have a background of BE/B.Tech Computer Engineering/ B.Sc-M.Sc Statistics/Mathematics followed by a PG/ Certification program in Data Science/Data Analytics.

Salary Range: Data Science is one of the highest-paying jobs both in India and abroad and professionals earn very promising packages in the range of Rs. 8-11 LPA within two-three years of experience. This makes Data Science one of the top career options in India.

Top Recruiters: Amazon, P&G, Microsoft, Apple.

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Artificial Intelligence/Machine Learning Expert

Machine Learning is one of the major applications of Artificial Intelligence wherein the experts build self-learning systems, and can be considered as one of the top career options in India at present. India, the demand for AI specialists/experts is expected to shoot up with the MNCs’ as well as the Government's steps towards digitisation. Here, we will be discussing the top career options in India.

The educational requirement to start a career in this direction is a B.Tech/BE in Computer/IT or B.Sc-M.Sc in Economics/Mathematics/Statistics or relevant industry experience, followed by a PG/Certification in AI/ML. Prior knowledge in Python is an added advantage.

Salary Range: Machine Learning/AI experts make loads of money and happen to bag one of the highest-paying packages with an average range of Rs. 10-12 LPA. And it only gets better with experience.

Top Recruiters: IBM, ITC Infotech, Accenture, Apple, Google.

Investment Banker

Investment bankers help their clients- individuals, banks, organisations, firms by raising capital and providing financial consultancy services. They act as a link between corporations and financial markets and help the corporate giants make smart yet wise investment decisions for the highest possible returns. This is one of the best career options for future in India. In India itself, the private players in the banking sector have been growing rapidly.

To be an Investment Banker a relevant degree in Finance is important. The aspirants must have a Bachelors and/Masters degree in Banking/ Finance/ Economics/ Business Administration. In present times, Investment Banking makes for one of the best career options for the future in India.

Salary Range: Due to the great demand of investment bankers worldwide, the packages offered to them are also immensely high. The average starting salary range of a professional is Rs. 8.5 - Rs. 11 LPA.

Top Recruiters: Goldman Sachs, JP Morgan Chase, Deutsche Bank, CitiGroup

Also read- Investment Banking Course

Product Manager

Product design, development and management are at the heart of any business these days. Therefore, skilled professionals who can do justice to the needs of a product’s growth and image as well as overlook the entire production process, are in high demand. This is one of the best career options for the future in India.

They gauge the needs and desires of the consumers and work with the engineering team to create products that will sell the most. All industries namely IT/ITeS, FMCG, BFSI, Data-driven companies and other service-based companies have secured positions of Product Management experts with competitive salaries.

The minimum educational requirement to pursue a career as a Management Consultant is Bachelors and /or Masters in Business Administration or an MBA after graduating from any stream. Specialisations like Product Management/ Communications/PR/Consumer Psychology are desirable but not mandatory.

Salary Range: Product Managers begin their career with a package of Rs. 7-10 LPA which is sure to double up within 5-10 years of experience.

Top Recruiters: Google, Microsoft, Amazon, Apple, Ola.

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Corporate/Cyber Lawyer

Law has always been one of the elite professions both in India and abroad for the kind of respect and fortune it brings to the practitioner. Corporate Law and Cyber Law are gaining rapid popularity due to the surging MNC culture and digitisation. They are also the highest-paying law specialisations, and the top career options in India.

Experts in Corporate or Cyberlaw are in great demand in all business verticals like BFSI, Hospitality & Aviation, IT, Telecom, Business Consultancies, MNCs.

Law is usually pursued by Art/Humanities students after 10+2, but it is open to students from all streams. BA LLB is a 5-year long programme with specialisation in the final year. Interested graduates from any stream can also opt for the 3-year LLB course and specialise in either Corporate/Cyber Law. To start with, all the aspirants are required to qualify an entrance exam like CLAT/ LSAT/ AILET.

Salary Range: Corporate Lawyers earn a handsome package of Rs. 7-Rs. 10 LPA depending on which corporations they are working with. Within 5-10 years years of experience, the packages soar upto Rs. 30-40 LPA.

Top Recruiters: PSUs & Government. Organisations, ICICI bank, Wipro, Infosys, E&Y.

Conclusion

This was the list of the best career options in India keeping in mind the evolving market trends and demands of the future. Here, we will have discussed which are the best career options in India. If you know what subjects you love and are passionate about, this list shall come in handy and help you decide upon a befitting career option for you.