Top 12 Highest Paying Jobs in Finance in India : A Complete Report

The Highest-paying  Jobs in finance in our country have shown tremendous growth in most of the sectors of the economy. The students from the commerce stream who pursue education or have completed studies are mostly looking for the highest-salary jobs in India in the commerce field.

The scope of commerce has become wider, thus providing a bucket full of opportunities for students in the field of finance and accounting.

Financial careers offer you great job opportunities with excellent salaries. In the past, due to a lack of technology and innovation, most students pursued careers such as doctors, engineers, lawyers, etc.

But now, with the growing scenario, technology and globalization have brought drastic changes in the scope of financial careers and highest-paying jobs in finance.

Now job seekers are provided with various job opportunities available in the market along with attractive packages to make their career as well as future stable.

Let's have a glance at the list of highest-paying jobs in the finance sector in India. This article provides you with enough information about the same to help you in choosing the right job with the highest paying jobs in finance.

Key Takeaways

• Top 12 Highest Paying Finance Jobs in India

Top 12 Highest Paying Finance Jobs in India

1. Chartered Accountants

CA Is the most preferred profession among students after 12th. 80% of the students from the commerce field pave their way toward Chartered Accountants. The role of CAs in an organization is to maintain records of Investments, file tax returns, prepare financial reports, etc.

It is considered the highest-paying job in finance. The demand for CAs has been emerging since the beginning and is respected everywhere. The average salary of CAs ranges from 7 lakhs to 8 lakhs per annum in India.

2. Investment Banker

Being an investment banker is a dream job for so many students. It is one of the highest-paying jobs in the finance sector in India. The role of an investment banker is to manage funds and finance and invest them in the right place.

He is generally considered a corporate finance advisor who provides all the advice to the organization for investment opportunities and to the clients in various transactions to support them in acquiring profit.

A person needs to be graduated in finance and other related fields and possess the special skills required to be an investment banker. An investment banker earns an average salary of $9,92,681 per annum at entry level.

3. Financial Analyst

The role of a financial analyst is to look after the company's finances and evaluate the possible outcomes of business and investment. They must possess critical thinking and communication skills, along with basic financial literacy and accounting skills. The average salary of a financial analyst is INR 4,09,903 per annum.

4. Compliance officer

The compliance officers work in public or private companies and are often established in NPOs. They carry out the activities as per the guidelines set by the governance agencies. The average salary of a compliance officer is INR 5,39,500 per annum.

5. Financial Advisor

A financial advisor identifies the financial objectives of their clients and provides the most suitable suggestions to achieve the goals. They provide directions to customers regarding the purchase of appropriate life, automobile, housing, and other insurance types. The average salary of a financial advisor is INR 6,00,000 per year.

6. Chief Financial Officer

A CFO manages the company's capital structure and cash flow, along with planning future growth. He/she must possess in-depth knowledge of accounting and financial modeling. The average salary of a CFO is INR 15,50,480 in India.

7. Chief Risk Officer

This position can be attained by a person who is highly skilled in solving all types of risks. They look up every factor that may threaten the company's financial position. They assess the risks by applying superior analytical skills. The average salary of a CRO is INR 13,00,000 in India.

8. Management Analyst

A management analyst must possess the ability to interpret data and information and create proposals for the company. Professional certifications in business analytics make your job ready for this position. This is the highest-paying job after doing an MBA in finance. The average salary of a management analyst is INR 4,66,853 p.a.

9. Information Technology Auditor

They work in government departments and are private companies to maintain the sink between Technology infrastructure and Enterprise needs.

Furthermore, they ensure compliance and security of IT systems to ensure all organizational processes run smoothly. The average salary of an auditor is INR 10,74,419 p.a.

10. Hedge Fund Manager

The people enthusiastic about investing prefer this profession. These managers monitor markets and maximize their earnings. Managers protect the pooled capital of an organization to make investments. The average salary of a hedge fund manager is INR 24,00,000 p.a.

11. Private Equity Associate

Early-stage ventures and growing businesses are financed by private equity and venture capital funds. Private equity associates cooperate with investor firms/individuals to apply funding to business ventures with growth potential, like hedge fund managers. They receive profit participation or equity stake in the company. The average salary is INR 850,000 p.a.

12. Senior accountants

Senior accountants are usually at the top of an accounting hierarchy and responsible for everyday accounting duties. Accounting managers are responsible for managing budgets, meeting accounting goals, and overseeing corporate expenditures. On average, they make INR 700,000 pa.

It has been known for years that money has always been a top motivating factor. Attractive packages always tempt people to apply for jobs. For most people, getting the highest salary and job security is the only motive. But for applying for any job, a person must be aware of the eligibility for pursuing the job and the skills required.

The NorthStar Academy has been known for providing education and top-notch training in the field of finance and accounting for over 2 decades and has equipped 15000+ students in financial careers with excellent salaries. NorthStar Academy provides teachers who act as guides for the students to decide on their careers in finance and accounting.

Our teachers are highly educated and experienced in the same field. While pursuing any specific course in the field of finance, you may want to know about the lucrative career opportunities in that particular domain. Know more about professional courses that take you to the top roles such as CFO by pursuing professional courses in CMA USA, CPA, ACCA, FRM, and CFA. Contact the team to get expert advice: at +918147470707.