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Mumbai Top Paying Jobs with Highest Salaries

Mumbai’s Top Paying Jobs: You made it through your official studies and are now finished. You are currently searching for a job that makes up for all those years of working late. We have provided you with information about the highest-paid jobs in Mumbai in this article.

Mumbai's Top Paying Jobs

Mumbai is the capital city of Maharashtra state in southwestern India. It is the country’s financial and commercial centre and its principal port on the Arabian Sea.

Mumbai Top Paying Jobs

Here is a list of Mumbai’s Top Paying Jobs, along with the qualifications required.

1. Lawyer

Law is a profession for which there will always be a demand, irrespective of the state of the economy.

However, the law is a blanket term encompassing different fields like crime, litigation, corporate, etc. Corporate law is the arm that encompasses law requirements in a company, leading to better packages.

Educational qualifications required:

  • Most lawyers have a BA or LLB degree to their name, which is either a 5-year course straight out of school or a 3-year course after graduation.
  • If you want to specialize further in a particular stream of law, then you can also go in for MA LLB.

Opportunities to expect?

As per, Payscale, a corporate lawyer earns almost Rs. 7 Lakh per year on average. When you graduate from good law schools, packages are much higher.

As per this Quora thread where average packages for Symbiosis Law School, Pune were between Rs. 7-10 Lakh back in 2009. Add in inflation and the figure will make it to one of the highest salary jobs in India.

2. Commercial Pilot

One of the highest paying jobs in India and at a young age, the job of a commercial pilot is glamorous for sure. The only drawback?

The job can be tiring and you might need to be in the air a LOT. Also, you need a lot of money to get a commercial pilot license.

Educational qualifications required:

The training is intense with a requirement to have ground training as well as 200 hours of flying time, after having passed Class 12 with Maths and Physics.

Opportunities to expect?

The starting salary itself is anywhere between Rs. 1.5-2 Lakh per month.

3. Management Professional

Another wide category, management professionals encompasses roles in all areas of business like Marketing, Finance, Human Resources, Operations, and Logistics, which get unlocked through an MBA degree.

Educational qualifications required:

Today, there are umpteen business schools in the country offering MBA post-graduation, but the best schools are the ones where all the students are placed through campus recruitment.

The good news is that today companies do recruit graduates in corporate roles too. However, this recruitment happens only at the top few colleges and in selected courses like BBA, B.Com, and B.A. (H) Economics to name a few.

Opportunities to expect?

Often, the highest salaries offered to business graduates end up making news. For instance, this year’s story of a tailor’s son getting a package of Rs. 19 Lakhs after graduating from IIM Nagpur.

4. Doctor

Indians have been obsessed with getting their children into the medical profession for generations. The reason, like that time, remains true even now.

The demand for doctors is only going to increase as the need for health care keeps increasing, making it one of the best jobs in India.

Educational qualifications required:

You need to slog to get through a good medical college and work hard during MBBS. Most specialized doctors also have an MD degree to their name.

What package can you expect?

At good MBBS colleges, expect high-paying and well-respected jobs paying at least Rs. 6 Lakh annually.

Check out this Quora thread to know the monetary heights that you can touch as a doctor, be it through association with hospitals or private clinics.


5. Management Consultant

Management Consultant

Management consultancies are employed by companies or institutions when they are looking to resolve a business challenge.

Since the challenge can be in any industry, a lot of domain specialists are hired by management consultancies and MBA is not the only degree that can get you into one.

Consultancies also do a lot of research, for which they look at diverse skills. Keep in mind that the lucrative client-facing roles in the industry are very demanding and often require you to live out of a suitcase.

Educational qualifications required:

Considering the diverse nature of the business challenges consultancies resolve, there is no specific educational route to the job per se.

With ample experience or in-depth knowledge of a specific field, you can be a candidate for a job in this sector. “Mumbai Top Paying Jobs”

What package can you expect?

An entry-level job at a management consultancy can easily roll in a high salary package of Rs. 8-10 Lakh a year, starting off at quite a level in one of the highest-paid jobs in India. “Mumbai Top Paying Jobs”

6. Civil Services

The civil services examination is probably the oldest entrance examination in India, started by the British to inculcate an administrative class in the country. “Mumbai Top Paying Jobs”

Even today it remains extremely prestigious, and the 7th Pay Commission has made it financially lucrative as well, with high-paying salaries from the start.

Within Civil Service, Indian Foreign Services are considered crème-de-la-crème with exotic location postings along with very high Foreign Allowances, as mentioned on this Quora thread.

Educational Qualification Required:

Like with anything worth having, this too comes only after a lot of hard work and effort after graduation to crack the UPSC exam, for which 8 Lakh candidates appeared in 2019.

What Package can you Expect?

Today a starting civil services officer gets about Rs. 80,000-85,000 gross per month. With power and money, today civil services are one of the best jobs in India.

7. Chartered Accountant

Chartered Accountants are another evergreen class of professionals who will always be in demand, considering their accounting skills are required by every company, from a startup to a multi-national.

Educational qualifications required:

Apart from clearing three levels of exams, you also need to undergo a 3-year article to earn being a Chartered Accountant. “Mumbai Top Paying Jobs”

What package can you expect?

As per Exam Update, those who clear the CA Final in a single attempt are generally offered a high-paying salary package of Rs. 11-15 Lakh, which makes it one of the highest salary jobs in India today.

8. Merchant Navy

If your parents almost had to drag you away from the beach, then this job might just be for you. Merchant Navy refers to the crew of people managing commercial shipping operations.

The job can be socially demanding and physically challenging with 6-9 months at sea. However, that also makes it one of the highest-paying jobs in India.

Educational Qualification Required

There are quite a few courses you can look at doing to enter the merchant navy, once you have passed Class 12 with Physics, Chemistry, and Mathematics.

What Package can you Expect?

With a starting salary of Rs. 30,000 a month for a junior engineer, with free board and food while on the ship, it is one of the best jobs in India.

As per Oceanic Venture, one can be promoted to Chief Engineer in about 6-7 years where the salary is Rs. 1.5 Lakh per month, along with the usual perks of freeboard and food while on the ship.

9. Company Secretary

As per Wikipedia, “the company secretary handles the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented.”

Educational Qualification Required:

There is a specialized course that trains people to reach the right level of expertise. You can find the details here at the Institute of Company Secretaries of India.

What Package can you Expect?

The starting salary for a Company Secretary ranges from Rs. 28,000 to Rs. 40,000 a month, with increments every year. “Mumbai Top Paying Jobs”

FAQs on Mumbai Top Paying Jobs

Below are some frequently asked questions and answers on Mumbai’s Top Paying Jobs for you:

1. Which Job is Highest Paid in Mumbai?

High Salary Best jobs in Mumbai, Maharashtra:

  • Social Media Manager.
  • National Account Manager – Mumbai
  • HR Manager.”Mumbai Top Paying Jobs”
  • Sales Development Representative.
  • CRM Manager.”Mumbai Top Paying Jobs”
  • Retail Merchandiser.
  • Electronics Product Development Engineer.”Mumbai Top Paying Jobs”

2. What is a Good Salary in Mumbai?

What salary is needed to live comfortably in Mumbai? Depending upon the standard of living, your average salary should be Rs 40,000 – Rs 60,000 per month. “Mumbai Top Paying Jobs”

3. Which Work is Best in Mumbai?

  • Machine Learning Expert
  • Blockchain Developer.
  • Data Scientist. “Mumbai Top Paying Jobs”
  • Management Consultant.
  • Full Stack Software Developer.
  • Investment Banker.
  • Product Management.
  • Corporate Lawyer. “Mumbai Top Paying Jobs”

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