Highest Paying Jobs in the World
Highest Paying Jobs in the World- When you set out to choose a career, you’ll likely be considering three factors: is it personally and professionally rewarding? Is it exciting? And does it pay well?
So, if you’re looking for some inspiration – whether you’re considering your options after school or toying with the idea of changing careers – you’ve come to the right place.
20. Investment banker
Salary potential: $209,000 (US) / £123,000 (UK) / C$102,000 (Canada)
As an entry-level professional, you would start as an analyst or associate and gradually climb up the investment banking ladder to become a vice president, director or managing director. As for your tasks, they will range between doing market research, creating and analysing reports, and performing financial models.
In order to become an investment banker, you’ll need excellent mathematical skills and a minimum of an undergraduate degree. However, if you want to progress beyond a junior analyst role, an MBA degree will prove useful.
Salary potential:$128,000 (US) / £53,000 (UK) / C$104,000 (Canada)
Aerospace engineers focus on designing airborne objects such as aircraft, spacecraft and satellites. To do this, they must create and test prototypes as well as oversee the building process of their projects. They must also evaluate designs to make sure that they’re in line with engineering principles. As if their job description isn’t cool enough, they’re also some of the highest earners in the world.
18. Senior data scientist
Salary potential:$160,000 (US) / £81,000 (UK) / C$127,000 (Canada)
Data scientists are analytical data experts that work across multiple fields. They’re mainly tasked with organising and analysing information, and they use their skills in statistics, programming and mathematics to find feasible solutions based on available data. This, in turn, helps businesses and organisations increase revenue based on their findings. It’s no wonder, then, that there has been a huge increase in demand for data scientists over the past decade.
17. Petroleum engineer
Salary potential:$171,000 (US) / £91,000 (UK) / C$175,000 (Canada)
They are mainly concerned with developing technology to extract oil and gas from natural deposits; in order to do so, they are required to travel to different drilling sites around the world and carry out research.
As with any engineering role, petroleum engineers are expected to have an excellent grasp of mathematics and science. While a bachelor’s degree in petroleum engineering is the most ideal option, you could also get away with a degree in mechanical, civil or chemical engineering.
Salary potential:$135,000 (US) / £46,000 (UK) / C$118,000 (Canada)
A day in the life of a pharmacist involves a series of tasks. From distributing prescriptions to advising patients on medication, theirs is an indispensable healthcare career. It’s no surprise, then, that they have a spot on this list.
In order to become a pharmacist, there is a series of steps to take. To begin with, you need to complete a doctoral degree before embarking on the training required to get licensed. There are also different paths to take within this role, as you can be a pharmacy assistant before progressing into the role of a pharmacist.
15. University professor
Salary potential:$209,000 (US) / £92,000 (UK) / C$168,000 (Canada)
The life of a college professor is a multifaceted one. Beyond teaching students and leading seminars and workshops, you will also conduct research, carry out faculty projects and represent your university at external panels and boards.
In order to become a professor, you need to possess a bachelor’s and a master’s degree, and while in most cases a PhD degree is also mandatory, there are a few entry-level opportunities that won’t require one.
14. Senior software engineer
Salary potential:$153,000 (US) / £74,000 (UK) / C$121,000 (Canada)
Software engineers possess an impressive skillset; their knowledge is based on computer science, mathematics and engineering, as they apply engineering principles to design, test and develop computer software.
The path towards becoming a software engineer has changed over the past few years. Although traditionally a degree in computer science was the way to go about this, many aspiring software engineers are opting to complete intensive coding bootcamps.
13. Computer hardware engineer
Salary potential:$128,000 (US) / £81,000 (UK) / C$115,000 (Canada)
Computer hardware engineers are responsible for creating, testing and analysing physical computer systems. Other responsibilities include troubleshooting and developing electronic circuits and assemblies.
This is a rather competitive job, with roles usually available in computer companies and component manufacturers. Therefore, you need to be able to meet a certain list of criteria. At entry-level, positions require an accredited bachelor’s degree in computer science or electrical engineering, while bigger firms might also require a master’s degree.
12. Airline pilot
Salary potential:$240,000 (US) / $116,000 (UK) / C$154,000 (Canada)
There’s a good reason why airline pilots are one of the highest-paid professionals. They must not only go through vigorous training but also meet specific physical requirements regarding vision, hearing, speech, height and weight.
Although college degrees aren’t required from most regional airlines, it will be a requirement by major carriers. Plus, it will give you a competitive edge. In order to be an eligible candidate, however, you will typically need to be over 21 and have a Class 1 Medical Certificate, along with your commercial pilot licence.
11. Air traffic controller
Salary potential:$149,000 (US) / £106,000 (UK) / C$162,000 (Canada)
An air traffic controller’s primary concern is safety, as they’re responsible for coordinating aircraft, informing pilots on take-off and landing, and keeping them in the know with other critical information.
If you want to enter this field, you’ll need to complete a series of training. The requirements vary depending on the country you work in; in the US, for example, candidates need a bachelor’s degree from the Air Traffic Collegiate training programme and are required to complete examinations at the Federal Aviation Administration academy.
10. Marketing manager
Average salary:$99,000 (US) / £50,000 (UK) / C$87,000 (Canada)
A marketing manager’s role is pretty straightforward. Nonetheless, it consists of a wide range of tasks and responsibilities. These include monitoring budgets, managing employees, analysing marketing campaigns and creating new promotional strategies for products and services.
Charismatic marketing managers have the potential to earn a high income while doing what they do best, and this profession is expected to grow in demand.
9. Corporate lawyer
Salary potential:$240,000 (US) / £101,000 (UK) / C$152,000 (Canada)
Corporate lawyers are essentially legal business advisers, as their main job is to counsel businesses on their legal rights and responsibilities. You will mainly be handling legal issues such as liability, ownership, contracts and employment.
Getting a law degree is the first step towards the right direction. After that, there are different routes to take, depending on where you’re based. Nonetheless, once you’ve begun training as a lawyer, you can focus on your chosen area of law.
8. IT systems manager
Salary potential:$127,000 (US) / £55,000 (UK) / C$121,000 (Canada)
IT managers hold an integral part of any business model, making them highly sought-after professionals. An IT manager’s main role is to protect office networks from hackers and malware, maintain software and hardware through regular upgrades, and resolve any technical issues that may arise.
This is an ideal career path if you’re passionate about information technology, you’re an excellent problem solver, and you possess good interpersonal skills. There are many ways to enter this profession but having a bachelor’s or a master’s degree related to the field is a good place to start.
7. Engineering manager
Salary potential:$149,000 (US) / £89,000 (UK) / C$109,000 (Canada)
Among other things, engineering managers need to supervise different projects, work with diverse teams and communicate with clients. In other words, you not only need to be a highly experienced professional but also possess a variety of important soft skills.
If you’re an engineer, you can gradually progress into this position, although you can also pursue an MBA or, more specifically, an MEM that will give you the right foundations to become an engineering manager.
Salary potential:$310,000 (US) / £176,000 (UK) / C$259,000 (Canada)
There’s a good reason why CEOs earn lucrative salaries. Their role is one that requires a diverse skillset; from leadership to communication and decision-making to business management skills, it takes a lot of dedication in order to become a successful CEO.
If you’ve got your heart set on a C-suite job, then you need to be prepared to put in the hours. Although there are no specific educational requirements, a relevant degree or course in your chosen sector is a good start. Nonetheless, the most important factor here is experience and natural charisma.
Salary potential:$213,000 (US) / £98,000 (UK) / C$206,000 (Canada)
A dentist advises patients on good dental care, maintains their dental hygiene, and diagnoses and treats problems. When necessary, they also carry out minor procedures.
Once you’re a qualified dentist, you can also choose to specialise in a particular area, but to start, you’ll need to obtain a bachelor’s degree in dentistry and complete all the necessary practical training.
Salary potential:$304,000 (US) / £291,000 (UK) / C$245,000 (Canada)
Orthodontists specialise in fixing crooked smiles, aligning teeth and treating dental disorders. They examine patients and fit them with the appropriate braces and retainers, helping them adjust the structure of their teeth and jaw.
Orthodontists go through the same training procedure as dentists. That said, they also need to complete a postgraduate orthodontist course after their initial dental degree.
Salary potential: $227,000 (US) / £102,000 (UK) / C$252,000 (Canada)
Physicians can be divided into two different categories: general practitioners and specialist physicians. The former is usually the first point of contact for patients. Their broad knowledge of different conditions allows them to help patients suffering from the simplest cold to a rare disease. Specialist physicians, on the other hand, focus on clinical medicine and have extensive knowledge in the area they specialise in.
In order to become a physician, you need to complete a medical degree and join a residency programme before obtaining your physician licence. It might seem like a long road, but it is undoubtedly a rewarding one!
Salary potential:$496,000 (US) / £120,000 (UK) / C$180,000 (Canada)
Surgeons are highly regarded medical professionals. For them, a typical day at the office involves carrying out preoperative diagnoses, performing surgical procedures and checking in with patients, post-operation. This is not a career for the faint-hearted, as you are expected to work long hours, deal with life and death situations, and be always on call.
In order to become a surgeon, you not only need to complete medical training to become a doctor but also spend an additional amount of years specialising in a specific field.
Salary potential:$411,000 (US) / $192,000 (UK) / C$408,000 (Canada)
Just like surgeons, anaesthesiologists are trained physicians who specialise in perioperative care. They play an instrumental role within a surgical procedure, as they must ensure that the patient receives the correct type and dosage of anaesthesia while under the scalpel.
Becoming an anaesthesiologist is quite a long and exhaustive process, which usually requires 12 to 13 years of medical training. It’s no wonder, then, that they’re the top earners in the world!