Best Average Salaries For STEM Careers in India: Check Qualifications Salaries

STEM stands for science, technology, engineering, and mathematics, encompassing principles of these subjects. Professionals in STEM fields, like engineers, mathematicians, and computer scientists, typically earn substantial incomes.

Many high-paying careers in stem require extensive education and training. The average salary for STEM careers reflects this advanced expertise. 

According to the US Bureau of Labor Statistics, STEM jobs are projected to grow by an impressive 10.8% between 2022 and 2032, dwarfing the growth rate in other sectors, pegged at just 2.3%. In this article we’ll be talking about some highest paying steam careers and their average salary.

Aerospace Engineer 

Aerospace engineering is a field dedicated to the design, development, operation, and maintenance of vehicles that fly in Earth's atmosphere and beyond. This field offers outstanding career opportunities, using computers and mathematical principles to design air and spacecraft. 

As an aerospace engineer, you apply advanced technologies to produce these vehicles, leading to a better understanding of cosmic structures and superclusters. 

Conventionally, aerospace engineering focuses on space and atmospheric flights. The average salary for STEM careers in this field is notably high. Moreover, aerospace engineering remains one of the most lucrative fields, with the average salary for STEM careers reflecting the advanced skills required. 

Educational Requirement	Bachelor's degree in aerospace engineering along with the PG degree or PHD is compulsory
Roles & Responsibilities	Oversee the design, production, and testing of aircraft, rockets, and spacecraft. Assess project proposals for technical and financial viability, ensuring they meet high standards.  Ensure project outcomes align with predefined goals. Monitor product design adherence to engineering principles, environmental laws, and client needs. Establish quality standards, design procedures, and post-project maintenance criteria. Verify projects meet proposed quality standards. Identify and resolve product issues.  The average salary for STEM careers in aerospace engineering reflects the expertise required. Additionally, the average salary for STEM careers highlights the lucrative nature of this field.
Average Package Salary	The Average Package Salary of an Actuary in India is 28,500 LPA

Radiologists

Diagnostic radiologists use imaging procedures to diagnose conditions and assist your doctor in selecting the right exam. They guide radiology technologists in performing quality exams, interpreting the images, and recommend treatments or additional tests if needed. 

The average salary for STEM careers, including radiologists, is reflective of their expertise and crucial role in healthcare. When considering STEM fields, the average salary for STEM careers can be a significant factor. 

Educational Requirement	An M.B.B.S. and an M.D. in Radiology are the first steps on the way to becoming a radiologist. In addition, you can work as a technician along MD radiologists by pursuing a B.Sc. degree in medical lab technology or radiography.
Roles & Responsibilities	Radiologists are essential in diagnosing and treating diseases using medical imaging technologies. Your primary care doctor or specialist will refer you to a radiologist for X-rays, CT scans, MRIs, and other medical scans. The radiologist analyzes and interprets these images for your physician. They collaborate with your doctor and other professionals to manage your medical case. Given their expertise and critical role, the average salary for STEM careers, including radiologists, is significantly high.
Average Package Salary	The Average Package Salary of an Aerospace engineer in India is ₹6,05,722 LPA

Data Analyst 

As a data analyst, you collect, process, and analyze large datasets for businesses. This data can include customer feedback, accounts, logistics, and marketing research. 

In your role, you'll work on improving customer experience, pricing new materials, and reducing transportation costs. Data analysts handle data modeling, reporting, and various data handling tasks. 

If you're interested in a career with a good income, becoming a data analyst is a great choice. This role involves analyzing data to help businesses make better decisions. The average salary for STEM careers is quite attractive, and data analysis is no exception. Skilled professionals in this field are in high demand, which means the average salary for STEM careers in data analysis is very competitive. 

Educational Requirement	You can pursue UG courses such as Bachelor of Commerce, Bachelor of Statistics, Bachelor of Technology in Computer Science, Bachelor of Computer Applications, or Bachelor of Technology in Data Science and Engineering.  or PG, continue with the same specialization. Alternatively, certifications in Data Analysis teach skills like JavaScript, C++, PHP, and XML.
Roles & Responsibilities	As a data analyst, you will engage in data cleaning and preparation, filtering data, handling missing values, and preparing datasets for analysis to ensure accuracy and relevance.  You will explore and analyze data using statistical tools to identify patterns, relationships, and trends. You will create charts, graphs, and dashboards for data visualization to make data understandable.  Your report will involve preparing reports to communicate insights to stakeholders, influencing policy and decision-making.  By collaborating with other departments, you will help them understand data needs and make informed decisions.  Pursuing a career in data analysis can lead to a competitive income. In fact, the average salary for STEM careers in data analysis is very attractive. Being a data analyst is considered a well-paying career, and the average salary for STEM careers in this field reflects the high demand for skilled professionals.
Average Package Salary	The Average Package Salary of an Actuary in India is 10 LPA

IT Manager 

The head of the IT department is an IT manager. They oversee the systems requirements for a business or organization. Stated differently, the IT manager's responsibility is to ensure that the hardware and software of a business are installed and maintained correctly. 

This entails organizing and coordinating all computer-related operations for a business. Knowing the average salary for STEM careers can provide motivation and insight into the financial benefits of this field. 

IT managers are also in charge of hiring personnel, providing coaching to staff members, establishing systems, rules, and procedures, keeping a safe workplace, and other duties. 

Understanding the average salary for STEM careers can give you a good idea of what to expect in terms of compensation if you choose to pursue this career. 

Educational Requirement	You can get a bachelor's degree in an IT field. Alternatively, you can consider pursuing a management degree with an IT concentration.
Roles & Responsibilities	As an IT manager, you will have several important responsibilities. You will conduct routine evaluations of network and data security and locate opportunities to enhance and update software and systems. Knowing the average salary for STEM careers can help you understand the potential rewards of these tasks.  You will also create and implement the organization’s IT policy and best practice manuals, and design workshops and training programs for staff. Performing routine system audits and sharing system operations reports with top employees are key duties as well. The average salary for STEM careers is attractive, making these responsibilities even more rewarding.  Organizing and setting deadlines for major IT projects, managing the IT budget, advising the IT staff, and looking for opportunities to build teamwork skills are also part of your role. Understanding these tasks can help you see the broader impact of an IT manager's work.
Average Package Salary	The Average Package Salary of an IT Manager in India is ₹14,30,000 LPA

Nuclear Engineer 

As a nuclear engineer, you will design, construct, operate, and shut down nuclear power plants. Your job involves developing technological solutions through teamwork. Understanding the average salary for STEM careers can help you appreciate the financial rewards of this field. 

You might develop new systems, maintain existing ones, or improve plant durability and sustainability. Handling the storage and disposal of radioactive material is also crucial, requiring strict safety measures. Knowing the average salary for STEM careers gives you an idea of what to expect in terms of compensation for these important tasks. 

Educational Requirement	One needs to Complete a Bachelor's degree (B.Tech/B.Sc) in Nuclear Engineering.
Roles & Responsibilities	As a nuclear engineer, you will create equipment like reactor cores and radiation shielding. You will oversee the operation of nuclear reactors to ensure safety and provide instructions for plant operations and waste disposal. Knowing the average salary for STEM careers can help you see the financial benefits of this field.  You will supervise facility activities to identify any unsafe practices and experiment with techniques for using nuclear material and disposing of waste.  In emergencies, you will take corrective actions or order plant shutdowns. Understanding the average salary for STEM careers can give you a good idea of what to expect in terms of compensation.
Average Package Salary	The Average Package Salary of a Nuclear Engineer in India is ₹11,00,19 LPA

Read more: Skills needed for stem careers

Conclusion 

• STEM careers offer high salaries, reflecting the advanced skills and expertise required. 

• STEM jobs are projected to grow by 10.8% between 2022 and 2032, highlighting increasing demand. 

• Careers in STEM are diverse, from aerospace engineering to data analysis, offering unique opportunities. 

• Investing in education for STEM careers pays off, leading to substantial financial rewards. 

• Aerospace engineering involves designing aircraft and spacecraft, with a high average salary for STEM careers in this field. 

• Radiologists use imaging procedures to diagnose conditions, and their expertise results in a high average salary for STEM careers. 

• Data analysts help businesses make informed decisions, with a competitive average salary for STEM careers in data analysis. 

• IT managers oversee technology needs, ensuring secure and efficient systems, rewarded with a high average salary for STEM careers. 

• Nuclear engineers design and manage nuclear power plants, with substantial salaries reflecting the importance of their work. 

• Choosing a STEM career offers financial benefits, job growth, and diverse opportunities, making it an excellent choice for students and parents alike.