There are multiple variables that affect the starting salary such as the applicant's expertise and the industry they are based out of. Additionally, someone's location also plays a role in this element. For example, having a BSc in Physics can land you a job that pays roughly around ₹3-6 lakhs on average annually. Entry Level Positions in data analysis, research, and teaching are typically at modest starting salaries. However, for some roles in engineering firms and tech companies, it can be higher with some jobs paying more than ₹6 lakhs a year.
While doing an MSc or PhD in Physics highly improves the salary aspects, there is a significant emphasis on research and teaching jobs. Having additional qualifications in data science, engineering or finance makes you a highly desirable candidate which directly speaks to the increase in salary a typical graduate makes. In essence, having advanced education in combination with experience, enables you to take advantage great earning potential in fields such as IT, finance, or R&D.