Best Career Options After Graduation – Booming in 2024

India has an unemployment rate of 7.2% and given the current circumstances; we can all agree to the highly cut-throat competitive that has become essential for all career options after graduation in 2023. The rapidly changing society, lifestyle, and technology have impacted employment in the nation. While the millennials these days possess a wide array of skills and potential techniques that weren’t present a few decades back, the Indian job market hasn’t started well in 2018 and would continue to remain tight for the next times according to the Bureau of Labor Statistics.

Learners receive an average Salary hike of 58% with the highest being up to 400%.

In such times, coming across a well-paying, relevant and enjoyable job at the same time has become not only frustrating but also chaotic. We are surrounded by automation in everything and every day it is growing stronger; it is quite natural to feel the building panic to build a stable career in these terms. Many a time you may find yourself in a dilemma of searching answers to the questions: Is my field of a career going to stay relevant shortly? Am I staying ahead of the current trends in the current job setting?

While we would love to deliver you with a definitive response to your questions, we are also aware of something that you ought to remember throughout: Change is the only constant. To emerge as a winner and stay ahead of all the recent trends in the market, here are some of the best career options to sought after in 2019 that can help you take leaps by engaging in part-time/online projects prior settling down for your dream organization:

Before selecting the best career after graduation, you must ensure it resonates with your passion and interest. Else, it will prove to be a wrong decision. Let’s get started with the details of the best career options after graduation.

1) Financial Planning & Analysis

The Indian market is currently brimming with multiple financial products and services, right from loans to government schemes to help individuals to various funds. For the consumers to choose products and services best for themselves can be like a double-edged sword which needs the intervention and counsel of competent financial advisors.

With 81.7 million of active investors in the nation currently, the ordinary people are getting interested and involved in financial planning. This leads to a rise in the growth for CFP (Certified Financial Planner) professionals to assist them in wealth management, financial planning, asset management, etc. But, currently, there are only 1150 CFPCM certified professionals in the nation to serve a large population of 1.2 billion and more.

According to the trend predictions by eminent economists, India is soon going to be recognized as being one of the three most significant economies in the world in the next 20 years. This into the growing per capita income for the next two decades and would witness a constant need for highly skilled money managers making it one of the best career options after graduation with a scope of enormous growth potential in the coming times.

Financial Planning and Analysis can be the best career after graduation for those interested in finance. Financial planning is one of the vital requirements of any individual or company. Several individuals and organisations are willing to help when the matter comes to financial planning. So, the career scope in this field is bright.

This career option imparts you how to manage a budget and derive financial solutions. You can work for a company or a government organisation. Usually, the salary of a financial planner varies from INR 3 lakh to 12 lakh per annum. Pursuing this career can bring up the best job after graduation for students willing to excel in finance.

Qualification: Commerce Graduates, BCom / MCom / Postgraduates, MBA Finance, Chartered Accountant
Type of Jobs: Audit Manager, Credit Analyst, Investment Manager Insurance, Treasury Manager
Top Employers: Banks, Financial Institutions, FinTech
Avg. Salary Range: Ranging from 3 lacs to 12 lacs (Graduates / MBA / CA) as per the highest qualification.

2) Product Management

Product managers mark as one of the 5 best career options in 2019 according to Glassdoor depending upon the hiring with more than 11,000 active job opportunities available across the world.

Not only this field of work is high paying but also with ample space for growth and development, thanks to the modern high-end technologies of Agile, Machine Learning and more. Unlike other job profiles, this position is a bit tricky as it requires the individual to take ownership of his work and be the ‘mini CEOs’ of the brand without being reported or getting acknowledged enough on the overall. Such brand men are responsible for the brand – from its sales, marketing to client relationships.

Because of such multi-dimensional scope of work for these individuals, the position of a product manager may be prone to subjectivity from one organization to another. Here are some of the core qualities and skills that you’d require to be a kickass product manager all along like Strategic thinking, Business mindset, Clear communication, Collaboration, Listening, Strong project management, UX background, Technical proficiency. And the best part of such a unique job profile is you can easily undergo a transition from other career paths into this at ease, especially if you have a knack for keeping up with the all-round development that takes place around a brand.

The increase in the number of tech companies leads to the increasing demand for software engineers, including those engineers proficient at software quality assurance. Each company uniquely works with quality control. For example, some companies have an independent QA team, others include one or two software QA engineers, and some companies include QA personnel in each development team. So, it can be said that there is a growing need for software QA engineers and therefore, it is one of the demanding career opportunities after graduation.

The software QA engineer job role involves a workload of 40-45 hours/week. Occasionally, they are required to extend their working hours to complete a project within the deadline. The hard work it demands suggests that it is one of the unique career options after graduation. Also, the hard work is justified by outstanding salaries.

They are responsible for handling both technical and non-technical tasks. The technical responsibilities include preparing test cases, coding, testing, analysing codes’ efficiency, and collecting requirements. The non-technical responsibilities include supervising the staff, coordinating with team members, and authenticating the software products’ deployment at the final stage.

It may seem to be one of the challenging career options after graduation. The reason is that software QA engineers must possess sharp analytical skills. These skills help them to evaluate the strengths and weaknesses of problems’ approaches, conclusions, and alternative solutions. Furthermore, in certain cases, they need to manage their staff in addition to supervising the codes. They must work calmly and confidently in such situations to ensure precise results.

Qualification: Graduates, Engineering Students
Type of Jobs: Product Manager
Top Employers: Information Technology, Telecom
Avg. Salary Range: Ranging from 3 lacs to 10 lacs (Engineers / B.Tech) as per the highest qualification.

3) Biotechnology

According to the recent reports by the Beyond Borders, the biotechnology industry has reached the profitability of $3.9 billion of net income in 2009 – the first time in history. While there has been more than many instances of heated debates of the industry’s inability to generate significant profits from itself, the fact that biotechnology is more critical than ever can’t be denied.

In current times, there has been a remarkable growth in the availability of several biotechnological products which can be life-saving now and unfeasible a few years back. The experts say that despite its flaws, the biotechnology industry will flourish as its products attract many willing financial markets which remain loyal to the industry since its inception. And as more biotechnology organizations mature, this industry would experience booming in its overall efficiency and profitability.

The biotechnology industry presents immense career opportunities. It is one of the best career options after graduation for biology experts. The biotech fresher graduates can apply for a job in these sectors and can gradually earn very well. Few of the leading recruiters in this field are pharmaceutical and chemical industries, cosmetic industries, bioprocessing industries, companies involved in manufacturing and developing agricultural and biological products, healthcare products manufacturing companies, etc. All these recruiters can guarantee the best jobs after graduation in India.

In biotechnology, you can be assured of the best job after graduation if you can set up your company to manufacture different drugs, RNA Therapies development, etc.  So, being an entrepreneur can also embark on a bright career in this field.

In India, Biotech developments are supervised by the Department of Biotechnology which works under the Ministry of Science and Technology control. Since vacancies for different relevant job roles are always there, you can expect the best jobs after graduation in biotechnology. You can work in public health care centres too. Moreover, if you are ambitious to progress in the research field, you can work in a research institution dealing with biotechnology. Working for R&D is one of the best career opportunities after graduation in biotechnology for those aiming to pursue a PhD or M.Sc.

Qualification: B.Pharma, Medical, BAMS, BHMS
Type of Jobs: Medical Officer, Radiologist, Medical Reps
Top Employers: Pharma, Research & Development, Medical Institutions
Avg. Salary Range: Ranging from 6 lacs to 20 lacs (MBBS / B.Pharma / BDS) as per the highest qualification.

4) Computer Information Systems Management

If you have an epiphany about your career, then maybe it’s time for you to attain a science bachelor’s degree and work your way up to become a CIS manager. With about 5 years of experience, these professionals are known to be the rightful leaders in the organization with a considerable pay scale, and the current trends say that there will be a rapid growth of over 15 percent in the next 10 years creating more than 50,900 jobs by 2022.

If you belong from a science background, then a Computer Information specialist job role can offer the best jobs after graduation. The dependency on computers is escalating in all industries. Therefore, decent job opportunities are guaranteed in this field. Computer Information System Management career option offers thousands of best jobs after graduation in India. Thus, it can be your best career option.

Qualification: Computer Engineers / Electronics & Telecom Engineers / BE / Btech.
Type of Jobs: System Engineer / System Analyst
Top Employers: IT Companies like – Deloitte, IBM, Accenture
Avg. Salary Range: Ranging from 3 lacs to 12 lacs as per the highest qualification.

5) Digital Marketing

In recent times, the world grows more and more digital with each passing moment and presents an enormous amount of work opportunities for people in the same industry. The digital economy keeps on rising to 10 times faster than that of the traditional economy and firms which get involved in the online trading are twice likely to be creating jobs than those that aren’t. While digital marketing continues to remain the buzzword even now, it has led to kickstarting the industry leaders come up with more qualitative work while small startups prove their worth by doing it smartly and budget friendly without compromising on the quality.

By 2022, more than 20 Lacs of people would be employed under the industry of digital marketing, and as it is a growing field, new opportunities and scope come and go, respectively. Since the skillset for carrying out digital marketing field of work requires a cluster of several skills, all different from another working together for the frequent target – the skillset is rare to find in an individual.

When the demand exceeds the supply, there’s a rise in the price. Companies, big or small, are willing to pay handsomely to such experienced, creative and certified professionals after a careful screening of skills on various projects.

Anything linked with social media is regarded as one of the excellent career options nowadays. The digital marketing career after graduation offers not only decent employment opportunities but also imparts advanced knowledge of recent technologies.  It is a suitable career choice for people willing to explore something related to the web.

There is no need for career guidance after graduation if you want to progress in digital marketing. The reason is this field ensures great career opportunities for deserving candidates. The right marketing strategies can benefit their organisation with business success. The digital marketing freshers are initially assigned with marketing tasks wherein they can demonstrate their creativity. You can explore outstanding job roles, including Google ads expert, content maker, SEO and SEM specialist, marketing manager, etc.

Qualification: Graduates / Postgraduates / Management Professionals
Type of Jobs: Digital Marketing Manager / Performance Marketers / PPC Executive
Top Employers: Internet Companies, Agencies,
Avg. Salary Range: Ranging from 4 to 9 lacs depending on knowledge & qualification.

Considering your next steps after B.Com? Explore the variety of career options after BCom to navigate your future with confidence.

6) UX Designer

According to Indeed, this is one of the most popular job postings in 2019 in the USA with more importance on specialists in the field. With several businesses and organizations embracing the digital revolution, the need for valuable Graphic Designers shall keep on rising.

The UX experts are not only just the contributors but also are collaborators and discoverers on the global scale to the company’s brands and services. Therefore, there shall be a significant rise in the relevance of the digital design and UI/UX on the overall if you’re looking for a lucrative and exciting career path.

If you are ambitious in research, visual design, analytical thinking, human-computer interaction psychology, and fundamental knowledge of technical skills related to web/mobile design, then a UI/UX design is an appropriate career after graduation.

Generally, UI designers are accountable for designing the interfaces through certain tools. On the other hand, UX designers are accountable for performing research and pointing out the methods to tackle the user’s difficulties when interacting with the interface.

UX designers research their target users. The purpose is to understand their requirements and expectations of the product. Moreover, they formulate the blueprint (wireframe) on which the original design is built. UI designers add proper visual details to the blueprint to make the products come alive. The same entails defining the colour palette, types of icons/buttons/boxes/fonts, notifications, etc. They tweak their design until the final product precisely meets the company’s and users’ requirements.

It is better to get career guidance after graduation if you are confused about whether to move on with the UX designer career option or not. You must be proficient in design software like Adobe Photoshop, InDesign, Corel Draw, etc. Your work experience and skills in these tools are proportional to your career advancement. Furthermore, the additional knowledge of web programming languages like HTML, CSS, XML, and Java will be helpful.

Qualification: Graduates / Engineers
Type of Jobs: UI / UX Designer
Top Employers: IT-Software / Internet / E-commerce Companies
Avg. Salary Range: Ranging from 3 lacs to 9 lacs as per the highest qualification.

7) Software QA Engineering

To deliver high-end software products, the testing is required at the product’s development, release and acceptance stages. The scope of software testing is increasing according to market demand and also due to the latest revolutions in the IT sector.

Additionally, because of the existence of Big data, IOT, AI or cloud has made the software testing more meaningful and essential. But, the testing industry has now become too much competitive and evolved new paradigms at the same time. In the last decade, the profile of software tester has undergone a real transition, and the testing has become a show stopper for several product implementations. Businesses have realized the importance of the structured examination of applications before the release, and it pays well to the testers from one organization to another.

Qualification: Graduates / Engineers / Diploma Holders
Type of Jobs: QA Test Engineer, Testing & Implementation Engineer
Top Employers: IT-Software / Software Services
Avg. Salary Range: Ranging from 3 lacs to 8 lacs as per the highest qualification.

8) Data Science

Image Credits: Indeed.com

One of the most in-demand jobs and is projected to grow over 15% in the coming years, that translates to nearly 364,000 new job postings by 2022. The fastest growing roles are Data scientists and advanced analysts that are projected to see the demands grow by 28%.

Qualification: Graduates, Postgraduates, Engineers
Type of Jobs: Audit Manager, Credit Analyst, Investment Manager Insurance, Treasury Manager
Top Employers: Banks, Financial Institutions, FinTech
Avg. Salary Range: Ranging from 3 lacs to 12 lacs (Graduates / MBA / CA) as per the highest qualification.

Upon choosing data science as a career option has a lot of scopes and would remain so shortly. The workforce requirements have changed from a new breed of professionals skilled in data, analytics, machine learning, and workforce development. In today’s times, data science jobs are known as hybrid jobs which require deep expertise in multiple functional roles and skills like SQL, Big Data, Predictive modeling, Statistics, Mathematics, Machine Learning, R & Python programming along with hands-on experience in marketing, product management, and marketing strategy.

Data scientists need to analyse massive amounts of complex raw data and process information to determine patterns that can facilitate strategic business decisions. It is one of the demanding career options after graduation because it comes with exciting and well-paying job roles.  Expert data scientists can efficiently use machines that can simulate human intelligence and improve business efficiency.

Machine Learning is the AI’s practical application that imparts computers to learn from the data and make the system more intelligent. Many businesses are beginning by implementing Machine Learning to improve their products. From demand and salary perspectives, it is one of the unique career options after graduation.