6 Highest Paying Careers in the World
We all want to reach our peak levels. We know that we can show our mettle when the time comes. But we all have our own different paths. Here we are going to explore 6 paths that test our true mettle. These careers pay extremely well because they are competitive and taxing. So you need to be prepared (with experience and expertise) to approach and conquer these roles.
We all want the sweet spot - of career growth, a healthy and productive work environment, great salaries, etc. It is not enough to earn a six-figure salary. We need the whole package! Let us see how these roles will offer us the best of all worlds.
Chief Executive Officer (CEO)
You are the leader everyone looks up to. You are the pinnacle of an exceptional team player. You are a great mentor, who knows how to give her team the right kind of challenges, whilst giving them their own creative and breathing space to grow. You balance all of these, then you care about CEO material. You could be working in different sectors: Sports Management, Education, Entrepreneurship, Finance,
Entrepreneurship, IT, Finance, Computer applications, Human Resource Management, Healthcare Management, Advertising Management and Public Relations, Commerce, Banking, Fashion Design, etc.) You make crucial decisions in the corporate world regarding the business, managing resources, supervision of all managerial operations. You are the public face of your organization. You are answerable to the consumers, the stakeholders, and your employees as well. You set the tone, culture, and vision of your organization. So it is no cakewalk.
Skills
Emotional Intelligence
Interpersonal skills
Ability to work under high-pressure
Mentoring
Competent management
Negotiation
Time management
Organizational skills
Observational skills
Qualification
In general, it is required to have at least a bachelor’s degree (such as BBA). But as history shows, you might be able to become a CEO with any other degree or even without it. So as a thumb rule, think of it like this. You need some foundational knowledge in your specific field. A college degree can give you that along with a holistic education on how to go about in the world of business. Hence BBA is ideal. To take one step further, it would be good to have an MBA. BBAs and MBAs include topics such as marketing, finance, organizational behaviour, accounting and taxation, entrepreneurship, accounting, etc. You might also be required to be adept at legal affairs. So taking some online certification courses in law will be something to keep in mind.
Along with degrees, it is equally important to have experience and expertise. You only get this year down the line. Or at least some years. Also depending on the specific field, it is important to have specialization in your arsenal. (E.g.: Information Technology, Banking, etc. If you are applying for the public sector, then degrees in the following are preferred over others: business administration, public administration, law, etc.
Also Read: 11 best short-term job-oriented courses
Surgeon
A healthcare professional such as a surgeon is in demand in every nook and corner of the world. Sadly, there are more and more issues that plague the population. Whilst changing the lifestyle so that one can rely less on the health system is poignant, professionals like general surgeons have still so much to do.
Qualification
To become a certified surgeon in India, you need to pass the following criteria:
You need a (10+2) qualification with minimum passing percentages (60%) in PCB (Physics, Biology, and Chemistry). Then you need to take the 5-year MBBS degree which should be recognized by the Medical Council of India. For the MBBS you must crack NEET (National Eligibility cum Entrance Test) After this, you will need to intern for a year. Then you need to take an MS in Surgery.
Skills
In-depth knowledge in medicine
Logical and analytical skills
Diagnostic skills
Postoperative and preoperative treatment plans and medicines
Surgical procedures
Knowledge of ethical and regulatory protocols
Meticulous focus
Leadership
Interpersonal skills
Emotional Intelligence
Exceptional hand-eye coordination
Visuospatial awareness.
Focus, patience, and perseverance
Also Read: 40+ High Demand courses which offer High-paying jobs
Senior Software Engineer
Every country needs a strong infrastructure. And engineering is the field that provides it. And here we are focussing on software, one of the most dominant forces originating from the twentieth century with which our world moves. With diversification, you could find work in industries such as healthcare management, research, and development, banking, insurance, finance, retail, business, IT/ITES, government agencies, defence (army, navy, airforce), etc.
As a software engineer, you design and develop better software systems, maintain the existing ones. Depending on the client requirements and you make the applications. Then based on feedback, you might revise it. You also ensure the quality of the systems through evaluations, technical specifications, etc.
Qualification
You will need to have a technical degree such as B.Tech (Bachelor of Technology)or B.E. (Bachelor of Engineering) in the field of software engineering. To advance further in the field, you can take M.Tech in software engineering. You can then go into academics and research if you take a PhD.
Skills
Debugging
Logical thinking
Problem-solving abilities
Creativity
Time management
Investment Banker
Did you know that in the financial year 2019, the public sector banks accounted for 61.21 % of the entire banking assets? With 27 major banks in the public 21 in the private, and 49 foreign banks, the Indian banking industry is vast. You can delve deeper and find myriad urban and rural cooperative banks, regional rural banks, etc. So it is the perfect time to be an investment banker!
You execute valuation methods as well as develop product offerings. You deal with private equity transactions. You also make financial models for different capital-raising transactions, acquisitions, mergers, etc.
Qualification
You need a (10+2) qualification. Then you can go for B.Com, BA Economics, BBA in Finance, etc. Or you can opt for a Chartered Financial Analyst Program. All of these lead to the career of investment banked. If you have a couple of years of experience and add an MBA to the mix, then you are great to go!
Skills
Time management
Teamwork
Leadership
Ability t work under pressure
Networking and communication skills
Financial modelling skills.
Proficiency in MS Office.
Quantitative and qualitative skills
Research expertise
Also Read: Top 10 Highest Paying Freelance Jobs
IT Systems Manager
Where would be without IT? It would be without IT, we can all agree. India boasts the largest number of market shares in the services sourcing industry across the world. It has become the second-largest hub for tech startups. And also India has the second-largest number of internet users, right behind China. So where would we be without IT? You can find careers in
BPO(Business Process Outsourcing).
Here are some of the core functions you will be handling as an IT systems manager: Oversee the computer-related functions, activities of the organization. You will need to design, install, and monitor both software and hardware infrastructure based on the requirements of the client. You will also ensure that your environment is safe and secure from malicious attacks and crashes.
Skills
Programming
Analytical and problem-solving skills
Ability to work under pressure
Teamwork, management
Organizational skills.
Leadership
Time management
Attention to detail.
Interpersonal skills
Qualification
You will need a minimum bachelor’s degree in one of the following: Computer Science/ Computer Science Engineering/ Computer Applications / Information Technology/ Information Systems Management. You can take the following degrees: B.Sc IT / BSIT / B.Sc CS / B.Tech / BCA
Also Read: Top 10 Government Free online courses with certificates for career advancement
Data Scientist
If you can make complex, nightmarish data into insightful, bite-sized pieces of information for organizations, then you are a data scientist. And you are in demand, practically everywhere. Education, Commerce, E-commerce, Media & entertainment to transportation, etc.
As a data scientist, you collect data from a variety of sources. Then you analyze it and extract valuable insights that can drive businesses. So you convert unstructured data into structured, accessible information. You will work with data analysts to discover crucial market trends and patterns.
Skills
Data Visualization
Data manipulation
Programming
Communication skills
Structured thinking
Qualifications
It is preferable if you come from one of the following backgrounds: Science, Technology, Engineering, Mathematics, etc. But you can also be from the commerce field and still can enrol in data science courses. You can take the online BSc in Programming and Data Science offered by IIT Madras. There are many data science certification courses online by top providers as well, that can perk your interest.
Also check Top Certification courses
Want to know more opportunities? Then take a look at some of the top certifications in the following amazing fields
Want to explore a lot more? Worry not. Our compiled lists have got you covered! Explore online degrees, diplomas, free certifications. Don’t miss out!
Conclusion
These top 6 highest paying jobs in the world could be yours. But ask yourself whether you aspire to be in these roles. Imagine this journey. Play it out in your mind. And if you want to test the waters, then take online certification courses, so you can learn the fundamentals in these fields. Then make a plan, then a system to achieve, and then never look back! May the force be with you!
Frequently Asked Questions (FAQs)
No. In most cases it is impossible. You can become a self-made entrepreneur and lead your company. This way you can become the CEO. But in all other situations from CEO to General Surgeon to Data Scientist, you need the necessary qualification.
There are plenty of free and paid online courses on skill development. You can take courses for improving your soft skills as well. For technical skills, it is better to take paid courses by top providers so that you can get the e-certificate. But with free courses, you can still gain knowledge and skills.
Human Resource Management, Banking, Fashion Design, Advertising Management, and Public Relations, Entrepreneurship, IT, Finance, Computer applications, Healthcare Management, Education, Commerce, Sports Management, etc.) are some of the top fields which require these highest-paying jobs.
Chief Executive Officer (Rs. 29,37,769), Project Manager (Rs. 12,93,115), Operations Manager (Rs. 7,67,885)