We’re sure that all of you want financial freedom in life. In order to achieve that, most of you will be looking for high-paying jobs, especially in Bangalore if you live in India as Bangalore has been termed as “The Silicon Valley of India” (very few people opt to become entrepreneurs).
In this article, we’re going to discuss the top 10 best-paying jobs in Bangalore 2023 so that you can put your efforts in the right direction and achieve financial freedom in life. So, without further ado, let’s delve into the topic.
Top Salary in Bangalore by Job Role
These are the highest-earning roles in Bangalore. If you land any of the following jobs, especially in Bangalore, then your life will become settled.
Machine Learning Engineer
You must have noticed that your smartphone prompts the next words that you might use before you even start typing them. This for you is an example of Machine Learning (ML) technology and is one of the major technologies that make your smartphone, smart.
Typing in smart systems that prompt the words that you might use next is much easier and faster than typing in ordinary systems (like MS Word or Notepad on your PC) that cannot predict the next few words that you might type.
It is this computational capability that Machine Learning has amongst others that people find convenient to use. ML technology has a wide range of applications so ML programmers will always be in demand. If you’re an ML programmer in Bangalore, you can expect an annual salary between 24 and 36 lakhs per annum.
Blockchain technology became popular after the cryptocurrency called Bitcoin became popular in the US initially. Now there are a plethora of apps in developed and developing nations like India that enable you to trade with a wide array of cryptocurrencies.
The decentralized nature of cryptocurrencies and the immense cyber security and ease of use provided by blockchain networks have made cryptocurrencies very popular and globally used.
Despite all this progress, cryptocurrencies still have much more room to grow and someday (in the fairly distant future) they may even replace the traditional currencies of all countries for which they were designed in the first place. Blockchain programmers, especially in Bangalore can expect to earn between 24 and 48 lakhs per annum.
Since the dawn of the 21st century (2000), organizations around the world have increased drastically in number and size. The amount of data they produce has also risen drastically.
Hence, there is a pressing need for organizations to hire Data Scientists to analyze large volumes of data and produce meaningful and actionable business insights for them. If you specialize in any of the sub-domains of Data Science, you can expect to earn anywhere between 36 and 72 lakhs per annum, especially if you work for an MNC.
The development of Internet technology is the main reason that people today are more connected than ever before. It is owing to this heightened connectivity between people that technologies (in IT and other domains) have evolved faster than ever before and new technologies (like Python and AGI) have been invented.
Android App Developer
Smartphones and mobile apps started becoming popular and widely used in India since 2016. Today, they have become sophisticated like never before and have become an integral part of everyone’s lives.
People in India and around the world do most of their work and other activities on smartphones these days and the vast majority of people (around 75%) around the world use Android smartphones as they are more cost-effective than iPhones and iPads.
The apps for Android smartphones are coded mostly in the Kotlin coding language. So, if you’re proficient in Kotlin or React.js, you can become an Android app developer and earn anywhere between 6 and 9 lakhs per annum, especially if you work in Bangalore.
If you have a degree in law from any reputed university, you should seriously consider becoming a corporate lawyer. This means that you have to help your client companies with any legal issues.
It could be argued on their behalf in a court case against them, printing and signing some legal documents that they require, negotiating a deal with concerned government bodies, creating the required legal documents, and getting them signed by the concerned parties in the event of mergers and acquisitions, etc.
Corporate lawyers are becoming increasingly in demand as the number of companies in India and around the world has been steadily rising since the dawn of the 21st century. If you’re a corporate lawyer, especially in Bangalore, you can expect to earn between 12 and 24 lakhs per annum.
Business Development Associate (BDA)
A Business Development Associate (BDA) is an employee who constantly looks to enhance his company’s business prospects. He searches for warm leads every day by various means (newspapers, social media platforms, YouTube channels, company websites, etc.) and looks to convert as many leads as possible by talking and negotiating with them.
The performance of a BDA is measured by the number of leads he gets his company every month and the number of leads he’s able to convert successfully. BDAs help their company grow along with the sales staff and the digital marketing staff. If you’re a BDA, especially in Bangalore, you can expect an annual salary of 6 lakhs per annum.
A management consultant of a firm offers business solutions and official advice whenever the management is facing any kind of issue and whenever called upon. Management consultants are typically former staff of a company who have had a long tenure with them (at least 5 years) but they can also be outsiders.
Management consultants help their companies keep their “heads above the water” and thrive in all market environments. They are key to the survival and success of any company. If you’re a management consultant in Bangalore, you can expect to earn an annual salary between 12 to 24 lakhs per annum.
Content Writer and Digital Marketer
As the saying goes, “Content is king”. People these days judge the quality of a company by the layout and content of its website. The more relevant, informative, and engaging the content of a website is, the more the customers or clients of a company are impressed with the company and the better the company’s business prospects become.
Nowadays, most companies also have a ‘blog’ section on their website where they write articles pertaining to the industry the company is in. Hence, these days content writers of all kinds (including technical content writers) are in high demand. Digital Marketing is a field that became popular in India in 2016.
Digital Marketers typically advertise their company’s products or services online to increase their sales. So naturally, even digital marketers are in demand these days. Though there are many sub-domains of Digital Marketing, the subdomains SEO (on-page and off-page), SMM (Social Media Marketing), and Content Writing are very important and on-demand.
If you’re a Content Writer or any kind of Digital Marketer in Bangalore, you can expect to earn anywhere between 3 and 9 lakhs per annum. Many people find it hard to believe but Digital Marketing and Content Writing are some of the highest paid jobs in Bangalore.
Yes, you read it right. Prompt Engineering is a domain that has been created due to the emergence of Generative AI technology like Chat GPT. With the evolution of generative AI software like Chat GPT the demand for coders of all kinds will shrink in the near future.
Most of the work in the field of software development especially will be done via generative AI software like Chat GPT. Hence, prompt engineers who can give appropriate prompts to generative AI software to get the required work done (especially generate the required software code) will be in high demand in the near future.
Even now, there is such a job as a prompt engineer. Prompt Engineering is going to be one of Bangalore’s six-figure earners in the near future. If you’re a prompt engineer, especially in Bangalore, you can expect to earn anywhere between 12 and 36 lakhs per annum even today. Numerous online courses and workshops have come up that enable people to become certified prompt engineers. So, don’t miss this golden opportunity.
Without a shred of doubt, financial freedom is required for most people. Especially in modern times when inflation is creeping up every year and annual salary appraisals are not enough (by a long shot) to tackle the rise in inflation.
If you put your efforts in the right direction and study for any of the above-mentioned on-demand professions, you will no doubt earn a high salary and attain some degree of financial freedom in life which is the need of the hour in modern times.
- Which professions are in demand in India as of 2023?
Cloud Computing professionals, Prompt Engineers and AI programmers, Cyber Security Professionals, Data Analysts, and Digital Marketing experts are highly on-demand professions in India as of 2023.
- Which professions will be highly in demand in India in the near future?
People in professions such as Actuarial Science (subdomain of Insurance), back-end app developers, prompt engineers, financial advisors, corporate lawyers, management consultants, robot designers, aerospace engineers, and Python programmers can earn C-Suite salaries in Bangalore in the near future.
- Who is an Actuarial Scientist?
The job of an Actuarial Scientist is to determine whether the insurance plans proposed by an insurance company are feasible and profitable or not. An Actuarial Scientist uses numerous mathematical and statistical methods to determine the feasibility and profitability of any proposed insurance plan.
If an Actuarial Scientist feels that the proposed insurance plan would not be profitable for his or her insurance company, he or she would advise his or her company against going ahead with that insurance plan.
- What should one study to become an Actuarial Scientist in India?
A bachelor’s and a master’s degree in Actuarial Science is best suited to get a person a job as an Actuarial Scientist in India but employers would also consider candidates with a bachelor’s or a master’s degree in mathematics (like MSc Maths) and statistics.
- What is the scope of generative AI like Chat GPT in the future?
Generative AI of all kinds like Chat GPT, Dalle, Mid Journey, etc. have tremendous scope for growth and widespread adaptation in the future and they have sped up a lot of official processes in a lot of firms.
UK energy provider Octopus Energy has said that 44% of its customer service emails are now being answered by AI. In fact, humanity is poised to move on to the next step which is Artificial General Intelligence (AGI) where robots of all kinds perform mundane as well as technical tasks by learning their environments all by themselves. They could even be partially or fully adopted by the military.