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NDTV
26-05-2025
- Business
- NDTV
6 Highest-Paying Careers In India Without Engineering Or Medicine
High-Paying Jobs: There are various careers students can pursue besides engineering and medicine. Choosing a career path requires you to assess what you are interested in, and whether you would be able to stay committed in the long run without losing motivation. Here are 6 of the highest-paying careers you can choose in India outside engineering or medicine related fields. 1. Investment Bankers Investment Bankers are associated with a financial institution and work to raise capital for their corporation, government, other entities and clients. Educational Requirements: Anyone with Bachelors in Finance, Business Administration, or BA in Economics can qualify to be an investment banker. Salary Range: Rs.3 to Rs.45 lakhs per annum 2. Chartered Accountant (CA) Chartered Accountants handle the companies' audits, taxation and accounting. They ensure the business complies with the tax laws, give financial and tax planning advice. Educational Requirements: A student must complete Class 12, pursue a Bachelor's degree in Commerce or Finance and clear the CA Advanced course. Salary Range: Rs.3 to Rs.20 lakh per annum 3. Commercial Pilot A commercial Pilot operates aircraft for a commercial purpose, such as transporting passengers or cargo. Educational Requirements: Class 12 with main subjects as Physics and Mathematics and a Commercial Pilot License (CPL) needs to be obtained to become a Commercial Pilot. Salary Range: Rs.2 to Rs.85 lakh per annum 4. Management Consultant These consultants advise organizations on improving their operations, strategies, and organizational structure. Educational Requirements: Bachelors in Business Administration and a Masters would be an advantage. Salary Range: Rs.10 to Rs.45 lakh per annum 5. Marketing Managers Marketing Managers take care of the development and implementation of marketing strategies to promote the product or the service. Educational Requirements: Bachelors in Marketing, Communication or any related field. Salary Range: Rs.3 to Rs.26 lakh per annum 6. Product Manager Product managers are responsible for the planning, development, and the launch of new products. Educational Requirements: Bachelors degree in Computer Science, Business Administration, Marketing or a related field. Salary Range: Rs.6 to Rs.40 lakh per annum
Time of India
05-05-2025
- Business
- Time of India
What are top line and bottom line in a company's financial statement?
During stock-picking, if you are evaluating a company's financial performance, an important document to scan is the income statement , also known as the profit and loss statement. It is here that you will come across two important terms, top line and bottom line , which refer to the company's earnings and help gauge its financial health. #Pahalgam Terrorist Attack India much better equipped to target cross-border terror since Balakot India conducts maiden flight-trials of stratospheric airship platform Pakistan shuts ports for Indian ships after New Delhi bans imports from Islamabad What is top line? This appears at the top of the income statement and refers to the gross sales or total revenue of the company. In other words, it refers to the company's total earnings without taking into consideration the operating expenses, depreciation, taxes, etc. A top-line growth indicates the rise in demand for a company's products or services. What is bottom line? As the name suggests, this appears at the bottom of the income statement and refers to the net income, also known as net earnings or profit, that a company generates. This means that if one subtracts all the expenses from the gross revenue, one will get the net income. The company can improve its bottom line by cutting down operating costs or increasing its revenue. A rise in bottom line means that the company is meeting the demand for its products efficiently. Illustration of top and bottom lines Investors need to understand that a rise in top line doesn't necessarily mean that the company is profitable or is performing efficiently. For clarity, let's consider an example. If a company makes total sales of Rs.50 crore in a given year, while its operating costs, taxes and interest add up to Rs.45 crore, it would have made a profit of Rs.5 crore. Here the top line is Rs.50 crore and bottom line is Rs.5 crore. Live Events In the next year, suppose its total sales revenue shoots up to Rs.65 crore, but so do its operating and administrative expenses, rising to `61 crore. Its net profit will fall to Rs.4 crore. Here, even though the top line has surged by 30%, its net profit or bottom line has fallen.
