Highest Paying Jobs In The World - Check Eligibility & Expected Salary
Highest paying jobs in the world- Let's be honest, while choosing a job, money is a major motivator. We are living in an age of transition with occupations lost in technology while many upcoming industries need specific skills and abilities. Perhaps back in the days, there have been minimal job opportunities with bare salaries. However, now the opportunities have grown in various sectors of the world with wages different from country to country. The following article covers some of the highest salary jobs in the world, along with degrees associated with it (in no special order). The article will assist you in determining the direction you want to go and help you find the finest jobs.
List of the highest salary jobs in the world
Rs. 20-50 lpa
Rs. 8 - 30 lpa
Artificial Intelligence Specialist
Rs. 20-30 lpa
Rs. 30-40 lpa
Hedge Fund Manager
Rs. 17-20 lpa
Software Security Consultant
Rs. 20- 30 lpa
Rs. 30- 50 lpa
(Note- Data has been collated by Team Careers360)
Now that we have taken a bird’s eye view of the highest paying jobs in the world, let us understand a few of them in detail.
Highest paying jobs in the world- Data Scientist
A Data Scientist's main task is collection and application of information from scientific fields, such as Statistics or Mathematics. They use technology to uncover answers and come to findings which are essential to the growth and development of an organisation. Being a Data Scientist is one of the highest paid professions in the world.
Bachelor’s degree in Computer Science/ IT or related field
Master’s degree in Data Science or related field
Salary : A Data Scientist can earn a starting salary of around 9-12 lpa, and can earn between 40-70 lpa upon years of experience in the industry.
Top recruiters: Amazon, Walmart, Oracle, Microsoft, Accenture, etc
Highest paying jobs in the world- Medical Professionals (Physicians ,Surgeons, etc)
Any individual who is licenced or certified to provide health care services to people is known as a Medical Professional. They usually include Doctors, Surgeons, Nurses, Medical Lab Technicians, etc. To become a professional in the field, one must put in a lot of effort as well as years of study and medical experience in terms of internships and fellowships in specialized fields. However, this dedication is often rewarded with exorbitant pay. Being a Medical Professional is one of the highest salary jobs in the world in 2021.
The common responsibilities that a Medical Professional must perform includes assessing a patient’s clinical symptoms and diagnosing the issue. They are also responsible to prescribe medicines to the patients and make a treatment plan.
10+2 with Science PCB/ PCMB
M.B.B.S, followed by M. D or M. S
Salary: The salaries vary with the specialization. For instance, a Surgeon might earn 11 LPA in initial years, whereas a Doctor in the private sector might start on 8 LPA and increase upon years of experience.
Top recruiters: AIIMS, Fortis, Apollo, Max, etc
Highest paying jobs in the world- Artificial Intelligence Specialist
Artificial Intelligence is one of the top emerging areas in 2021. Artificial Intelligence (AI) is the ability of a computer system to mimic human behaviour. Machines in Artificial Intelligence learn from previous data and behaviours. AI can make machines carry out human-like duties.
An AI Specialist is one who is well-versed with the AI related technologies and platforms, as well as have the knowledge on how to put them into practise. The specialists can create various technologies such as chatbots, picture recognition, or natural language processing services.
The job opportunities for Artificial Intelligence Specialists are broad. Artificial Intelligence Specialists can work in a variety of roles, including: Software Analyst, Research Scientist, IOT Developer, etc. These are some of the highest salary jobs in the world.
10+2 (preferably with Science PCM)
Bachelor’s degree Computer Science/ IT or related field
Masters in Artificial Intelligence/ Machine Learning/ Cognitive Science (combination of Psychology, Computer Science, Psycholinguists), or related field
Salary: AI specialists can earn a starting salary of around Rs. 20 lpa and can go up with experience
Top recruiters: Google, Facebook, Uber, Twitter, etc
Highest paying jobs in the world- Investment Banker
An Investment Banker is someone who typically works for a finance company and is primarily concerned with generating funds for firms, governments, or other entities. The Investment Banking field is popular because it is one of the highest paid professions in the world. Individuals who are willing to work as investment bankers must have excellent communication skills, number crunching abilities, and ability to work long hours.
10+2 (preferably in Commerce)
B. Com/ BBA/ Economics or any other relevant graduation
MBA in Finance/ Investment Banking, or any other related field
CFA (Chartered Financial Analyst) certification (recommended)
Salary: Median salary of 30-40 Lakhs per annum
Top recruiters: JP Morgan, Morgan and Stanley, Deutsche Bank, Bank of America, etc
Also read- Management courses
Highest paying jobs in the world- Hedge Fund Manager
A Hedge Fund Manager is an individual who is a financial expert and engages with companies and businesses to help them manage their short and long-term hedge funds investments. A hedge fund is created when experts with such a high net worth aggregate all their cash to expand heavily in financial resources such as bonds, commodities or stocks. In other words, they train their clients to select the best possible structures of fees and liquidity for the investments.
A Hedge Fund Manager often has a deep understanding of investment, several years of financial expertise and a commitment to assist people achieve their investment goals. They should possess critical thinking skills, communication skills, strong analytical skills and problem-solving skills. This is presently one of the best paying jobs in the world.
BBA/ B. Com/Economics or any other relevant graduation
Chartered Financial Analyst (CFA) or Chartered Hedge Fund Associate (CHA) certifications is recommended
MBA in Finance/ Investment Banking, etc
Salary: Median salary of 17-20 lakhs per year.
Top recruiters: JP Morgan, Citi, Morgan Stanley, Abbott, etc
Highest paying jobs in the world- Software Security Consultant
A Software Security Consultant evaluates computer software, networks and computer systems. They make the internet and corporate networks safer at the most fundamental level. They examine safety systems, investigate any violations, and monitor solution implementation. They analyse, develop, construct, configure, code, perform, and monitor security procedures to prevent infringement of data and networks.
Many companies now employ Security Consultants to safeguard their digital assets, including customised software code, customer and confidential data. Security violations can undermine consumer trust and risk the viability of the business, making security a major issue for many companies. This is most definitely, one of the highest paid professions in the world in these times.
10+2 (preferably with Science PCM)
Bachelors in Computer Science/ IT or related field
Certification courses in related field such as: Certified Information Systems Security Professional (CISSP), Computer Programming in Java, Network and Security Foundations, etc
Salary: The median salary is 15-20 lakhs per year
Top recruiters: McAfee, Cisco, IBM, Boeing, Intel, etc
Highest paying jobs in the world- Corporate Lawyer
Corporate Lawyers assist companies/businesses on their legal duties, rights and obligations. Corporative Lawyers protect the legitimacy of business transactions, represent corporations, handle legal tasks such as corporate tax, mergers, acquisitions, etc. Having good communication skills, analytical skills, business knowledge, etc are some of the required skills to become a successful corporate lawyer. The job opportunities for a Corporate Lawyer may vary from working at a law firm to any other organization. Corporate Law is most definitely one of the highest salary jobs in the world.
BBA LLB/ B. A LLB after 10+2, or 3 year LLB after graduation
Salary: The median salary is 30-50 lakhs per annum
Top recruiters: Khaitan and Company, Amarchand Mangaldas and Co., DSK Legal, etc
Mentioned above are some of the highest paid professions in the world that will help you grow financially and will be in demand for a very long time. With the new advancements and changing scenarios in the culture, the job opportunities are massive. And therefore, it becomes very important to understand your interest and your abilities to follow your passion, and have a successful career at the same time.
Author- This article has been authored by Nikita Kukkar, who is a Counselling Psychologist and has extensive experience in Career Counselling of high school students.
Frequently Asked Question (FAQs) - Highest Paying Jobs In The World - Check Eligibility & Expected Salary
Question: What education do I need to become an Investment Banker?
A bachelor's degree in commerce/finance or related field is the minimum required education to start working as a fresher in the industry. Doing masters would enhance your value and might get you a better paying job.
Question: Is Corporate Lawyer a good career?
Corporate Lawyer is a very profitable and lucrative career option but at the same time it is a very hard-working job which might require long working hours.
Question: What exactly does a Security Consultant do?
Security Consultants review all security measures for clients or clint organisation. They investigate security systems, examine probable infringements, and monitor solution implementation.
Question: Is Artificial Intelligence and IOT same?
Artificial intelligence aims at ensuring that your system complies intelligently with human behaviour, while IoT relates entirely to device sensors. They bring together a connected degree of intelligence to make computers smarter, not merely interconnected objects.
Question: Which are the highest paying jobs in the world?
Artificial Intelligence Specialist, Software Security Consultant, Hedge Funds Manager, Medical Professional, Corporate Lawyer, are some highly paying job positions in the world, to name a few.