Contributed by: Yasharth Singh Tarkar
Undoubtedly, engineering is one of the most pursued careers in India, with a variety of disciplines. Engineering is one of the most hankered domains, with more than half of the students across the country aspiring to be engineers. India has the highest number of engineers as well as the highest number of engineering educational institutes in the world.
But making a good career in engineering is not as easy as it sounds. It’s a double-edged sword, though the right choice of career can promise a fulfilling and lavish life, a wrong decision can leave you chapfallen.
It is often said that “Follow your passion”, but at the same time it is equally important to know the pearls and perils of every field which often leave students in a state of a conundrum when it comes to making a choice of selection that attracts the highest paying jobs.
Top 5 highest paying jobs – ₹800,000
Here is a compiled list of 5 engineering branches that entice the highest paying jobs!
1. Computer Science (CS) Engineer
Since the last decade, Information technology services have spread their wings in terms of both revenue and domain, which has opened a plethora of opportunities for engineers across the globe. Digital solutions of services in almost every domain including banking, finance, insurance, healthcare, retail, auto, aero, geo and many more are managed by IT companies. To manage these services, IT industries hire computer science and IT engineers.
Technological advancement over the years has changed the face of the IT industry. It is evolving at a rapid rate, enabling faster development and progress. Industries across the domains have now started realizing the importance of digital transformation and acceleration in business to stay ahead in the game.
The demand for computer science engineers is not going to slow down for many forthcoming years it will proliferate.
The average salary of a computer science engineer in India is ₹ 576,000 per year and that varies based on skillset and experience. Leading giants like Google, Facebook, Amazon, Microsoft etc. offer packages as high as 1 crore to students of some tier 1 colleges like IITs and NITs.
2. Artificial Intelligence and Machine Learning (AI / ML) Engineer – ₹10,00,000
The era of Artificial Intelligence is the next big leap in technological evolution after Google’s search engine, social media and the boom of smartphones. We are already witnessing its flourishing buds in industries across numerous domains.
From self-driving cars in the auto industry to fraud detection in banking to heart-related issue predictions in health care, AI is establishing a firm position in the industry across various horizons.
Essentially, AI has a broad spectrum that encompasses machine learning (ML), deep learning (DL), and natural language processing (NLP) and other things. As a result, AI applications across various industries are highly expansive, including innovations like virtual reality, smart personal assistants, Internet of things (IoT), gaming, robotics, face recognition software, speech recognition, vision recognition, and much more.
According to a report published by Gartner in 2020, there has been a whopping 270% growth in the applications of AI from the year 2015 to 2020, and the need for AI skills in industries have nearly doubled in the last 3 years, and AI will create nearly 2.3 million jobs!
Very recently, businesses have seen a massive unravelling of AI and ML which makes Bachelors of Technology (B.Tech) in AI and ML offered by many colleges a promising choice of career.
The average salary of an AI / ML engineer in India ranges from ₹ 6,00,000 p.a. to more than ₹ 50,000,000 per annum in India. So, this can be considered as one of the highest paying engineering jobs in India.
3. Big Data Engineer – ₹900,000
The enormous increase in data over the years is what has given birth to big data. The amount of data we produce daily is astonishing.
With more than 3.7 billion internet users, Google processes 40,000 searches every second across the world. Social media certainly fuels data creation. Every minute, Snapchat users share 527,760 photos, YouTube users watch 4,146,600 videos, and Twitter users share 456,000 tweets. 1.5 billion people are active on Facebook every day.
95% of the entire data was generated in the last 2 years including 44 zettabytes of data in 2020 alone, and by 2025, the amount of data generated is expected to reach 460 Exabytes.
Companies have started realizing the importance of data and data processing, which makes data engineers, Big Data and Analytics engineers, big data spark professionals jobs.
Many colleges across the country have started graduation programmes with specializations in Big Data and Analytics. This is a comparatively new field but is amongst the most promising ones with one of the highest salaries offered. There is a shortage of Big Data engineers in India, and this is an opportune time to get into this field.
The salary range of Big Data Engineers varies from ₹ 3,50,500 p.a. to ₹ 18,00,000 p.a. and more.
4. Mechanical Engineer (ME) – ₹500,000
Another highest paying engineering job is in India is Mechanical engineering and professionals working in mechanical engineering fields involved in engineered planning and manufacturing of new products in heavy manufacturing industries, such as steel, metals, alloys and automobiles. Constructing cost-effective machines and doing relevant and related modifications in the mechanism are the objectives of a mechanical engineer.
With the evolution of automation, mechanical engineers are required to monitor, supervise and fault-diagnose the mechanical systems and that requires a sustained flow of fresh brain in the industry.
Many opportunities are offered in both private, public and public sector undertakings (PSUs) like Steel Authority of India (SAIL), BEL( Bharat Electronics Limited ), BHEL ( Bharat Heavy Electronics limited ), NTPC ( National Thermal Power Corporation Limited ), Hindustan Petroleum Corporation Limited ( HPCL ), Larsen & Toubro ( L&T ), Indian Oil Corporation Limited ( IOCL ), National Aluminum Company Ltd. ( NALCO ), TATA group and many more.
Though, the salary offered to candidates in this field is based on their skills and knowledge, but on average, the salary offered to mechanical engineers ranges from ₹ 387,000 p.a. to ₹ 21,000,000 p.a. and more.
5. Electronics and Communication Engineer (ECE) – ₹650,000
Electronics and Communication Engineering deals with the study of design, manufacture, installation and operation of electronic equipment, system, machinery, telecommunication systems like radars, sonar, integrated circuits, processors, satellites and many more.
It is probably one of the most ever-growing fields of engineering which offer opportunities across industries in both private and government sectors. In addition to this, electronics and communication engineers play a crucial role in aero-space establishments like Indian Space Research Organization (ISRO) in designing satellites, channelling communication systems and automation.
ECE engineers play a major role in the telecom industry as well. India is the world’s second-largest telecommunication market with a subscriber base of more than 1.2 billion and has registered strong growth in the last decade. The Indian telecom industry is growing rapidly with huge investment in technology upgrades from 2G and CDMA to 4G LTE, and now 5G is not a wild dream anymore.
The range of salary varies for ECE engineers as domains open for them are very vast, but on average, the salary of an EC engineer ranges from ₹ 4,00,000 per year to 22,00,000 per year and more.
To sum up….
So that concludes our glimpse at the five highest paying engineering jobs in India that will help you grow financially in your career. Engineering is not just a job but a creative practice, so you may get many job opportunities across multiple domains, but your knowledge and hard work is the key to help you to convert those opportunities and sustain them for long. So keep upskilling with Great learning and power ahead of your career.
So, keep abreast, plan because “It wasn’t raining when Noah built the ark” and keep learning.
Thank you for taking the time to read this!
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