If you are a study abroad aspirant, one goal would be to get a good job. An ideal degree is the one that gives you better returns. They help you land the highest paying jobs in the world. There are several countries with great recruiters and employers. This blog tries to cover every detail of jobs that are paying higher. Moreover, it covers the future prospects of these job roles and their current industry relevance. Let us start by exploring the 10 highest paying jobs globally in the write-up.
Table of Contents
Many companies, recently, have been the top performers in the global market. It is only made possible through the determined employees. These firms demand a high number of skilled and focused people to work with them in the following positions:
1.Chief Executive Officer (CEO)
2.Investment Banker
3.Data Scientist
4.Corporate Lawyer
5.Project Manager
6.Senior Software Engineer
7.Financial Analyst
8.Charted Accountant
9.Director, Sales and Marketing
10.Psychiatrist
Indeed, the above mentioned are the jobs with high salary. The details on the above positions are as follows:
Firstly, no matter where you work, the position of a CEO is always considered the highest. Furthermore, it is one of the best jobs in the world. Moreover, a CEO is also responsible for managing the day to day operations of the firm on a higher level.
Take a look at the average annual salary of a CEO in various countries:
| COUNTRY | AVG. ANNUAL SALARY OF A CEO |
| USA | USD $ 8,50,000 |
| UK | £ 3,20,000 |
| Canada | CAD $ 240,000 |
| Australia | AUD $ 3,50,000 |
| Germany | €139491 |
The CEO possesses the qualities of a leader and manager. It is, indeed, one of the best jobs with high salary. Their job is to manage and motivate their employees and managers. In addition, the CEOs of a company need to be diligent with what they do. Also, the common vision of every CEO, regardless of the size of the firm, is to lead as an example for growth and success for their employees.
The minimum requirement includes a bachelor's degree. However, it is common for CEOs to hold higher certificates and degrees in various fields. Yet, the degrees are often related to business, engineering, or finances. Moreover, there is no age limit to becoming a CEO. Hence, only the vision matters for some of the best jobs in the world.
If you are the chief executive officer of a firm, it is normal to make decisions that grow your business. If you wish to stay in this position, your future might look like establishing more firms. The CEO has a lot of responsibilities and the world market is eager to have more of them. It is because CEOs are the face of an organization thus, it will be highest paying jobs in the world in the future.
Secondly, we have advisors and experts who help firms and governments to take financial decisions. Moreover, they are also responsible for the sale of the company. Take a look at the table below to know what is the annual salary of an investment banker in various countries:
| COUNTRY | AVG. ANNUAL SALARY OF AN INVESTMENT BANKER |
| USA | USD $ 1,50,000 - 2,56,000 |
| UK | £ 75,000 |
| Canada | CAD $ 1,10,000 |
| Australia | AUD $ 1,45,000 |
| Germany | €1,20,000 |
Job Description:
A dedicated individual who is fluent in marketing and sales. Moreover, they should also know the A-Z of finance. They work with firms, organizations, or governments. Moreover, their main job is to generate and raise capital for corporates. In addition to this, they also format detailed paperwork for the SEC. This stands for the Securities and Exchange Commission.
A person with a bachelor's degree in Commerce (B.Com) can be a valuable candidate. However, you can also choose to do a bachelor's in finance or an economics related degree. For instance B.A. in economics or a B.A. in finance. Business management (BBA or MBA) is also a great option to showcase in your resume.
Recently, the industry scope of investment banking has risen. It is, however, an entry level position. Yet, the first earnings are very encouraging for the youth to take this path. Moreover, there has been an increasing demand for professionals who can lead a firm financially. Also, sales and notation skills are key to become successful in this field.
Thirdly, we have another analyzer of the market. The data these professionals work up on, helps the company make important financial decisions. Moreover, this data helps in prediction and analysis of future scope for the business.
The following table shows you what various countries offer annually to data scientists:
| COUNTRY | AVG. ANNUAL SALARY OF A DATA SCIENTIST |
| USA | USD $ 2,05,000 |
| UK | £ 75,000 |
| Canada | CAD $ 1,05,000 |
| Australia | AUD $ 1,75,000 |
| Germany | € 71,210 |
They manage large datasets and build artificial intelligence models around them. They use machine learning and deep learning to make these models to predict and analyze data. These predictive models calculate the market's behavior. These help the company manage its products/services accordingly.
The candidate must have a degree in computer science engineering or computer science applications. Moreover, a master's degree would, of course, help them land a better paying position. The degree requirement in data science is of less significance than the skills of the person. However, it would be difficult to get a data science job without the relevant degree.
The future of this field is brighter than ever. There are increasing job opportunities for students seeking a high-paying data science job. Every firm will rely on data science and its benefits to grow in the coming years.
Thirdly, this section will talk about lawyers who wear black, but aid blue collars. It means the corporate lawyers. It is a very good profession to choose and one of the highest paying jobs in the world. There is more scope for it in the coming years. It is something the technology does not pose any threat.
The following table shows the salaries of corporate lawyers from around the world:
| COUNTRY | AVG. ANNUAL SALARY OF A CORPORATE LAWYER |
| USA | USD $ 1,75,000 |
| UK | £ 95,000 |
| Canada | CAD $ 1,25,000 |
| Australia | AUD $ 1,15,000 |
| Germany | € 75,000 |
A corporate lawyer's job is to advise the firm on its legal duties and matters. For instance, a company gets into a lawsuit. The company will then hire a corporate lawyer to fight their case in court. Moreover, there are several more legal matters for which a company might need official advice. The corporate lawyer is responsible for being aware of all the relevant legalities for the company to take a step.
A corporate lawyer needs to do an LLB with BBA (business administration). It is a minimum requirement. An LLM with BBA or MBA is also an add on which increases your chances of being employed in the highest paying jobs in the world.
Legal departments of companies are eager to hire skilled corporate lawyers. However, you can also practice law independently. Moreover, government bodies and regulatory authorities are also looking forward to growth. Thus, the number of jobs with high salary and job types for a corporate lawyer are about to increase.
A manager is someone who has a team or a particular event/project to manage. A project manager is one who manages a team of individuals working on the same project. A PR's approval for any step or amendment by the team is necessary.
Take a look at the table below to know who pays them the highest salary in world:
| COUNTRY | AVG. ANNUAL SALARY OF A PROJECT MANAGER |
| USA | USD $ 1,23,892 |
| UK | £ 48,910 |
| Canada | CAD $ 88,533 |
| Australia | AUD $ 1, 30,000 |
| Germany | € 73,000 |
Job Description:
Handling the distribution of various tasks among team members, strategic team planning, and project monitoring are some of the best jobs that the project manager does. They also make it possible for the company to manage the quality and cost of the project efficiently. This maintains the profits of the company and the satisfaction of the customer. Hence, the job of a project manager is very crucial!
More than the degree, the work experience of an individual matters. However, a bachelor's in business administration or public administration can help you start your career as a project manager.
In the near future, the project managers will have to work on more complex events. Moreover, it would be wise to keep up with the latest technology. However, it is mandatory to upskill yourself in the field if you plan to remain in a similar domain.
Fifthly, this section will discuss another technical field. For many decades, software engineers have been the highest paid jobs inthe world However, their job is no less complicated. Their task is to build applications, websites, and other digital platforms and interfaces.
The table below shows their average annual salary of one of the highest paid jobs in the world:
| COUNTRY | AVG. ANNUAL SALARY OF A SENIOR SOFTWARE ENGINEER |
| USA | USD $ 1,75,000 |
| UK | £ 85,000 |
| Canada | CAD $ 1,50,000 |
| Australia | AUD $ 1,55,000 |
| Germany | € 64,734 |
To write code to frame and build important applications and building interfaces. These UI are designed to connect people with technology and ease their tasks. Moreover, their job is to also build these apps efficiently and improve their functionalities. In addition, sometimes they might have to work on a project with a team of other developers and engineers. Thus it is one of the toughest yet the highest paid jobs in the world. .
This field also requires knowledge of computer science. Thus, it is better to study in UK like country for a STEM course or a course related to computer applications, if you aim to become a software engineer.
Moreover, you can also study computer science as your master's.
Technical fields like this one help you earn well and also grant you job security. However, the popular narrative among people says that they are scared of AI taking their best jobs. However, it is not the entire truth. The sudden layoffs by the giants of the industry should motivate you to be better and learn more skills. You can show your expertise on the resume through great projects or work experience or both.
Sixthly, financial analysts earn a good amount with a bit of hard work. Evaluating financial data using various software is their job. Take a look at the table below to know which part of the world pays the highest salary jobs in the world:
| COUNTRY | AVG. ANNUAL SALARY OF A FINANCIAL ANALYST |
| USA | USD $ 73,047 |
| UK | £ 46,522 |
| Canada | CAD $ 66,939 |
| Australia | AUD $ 1,00,000 |
| Germany | € 66,000 |
The job role demands research and analysis based on numerical data. Moreover, they should also analyze the financial statements and market trends. In addition to that, they should also have an in depth understanding of valuation techniques.
If you wish to become a successful financial analyst, you would need more than just skills. You can do a bachelor's degree in economics, statistics, finance, or risk management.
In this profile, career advancements can look like being the chief fund manager of a company. Moreover, you can also expect the position of a portfolio manager and some greater roles in domains like investment banking.
Seventhly, we have a hugely respected profile of a charted accountant (CA). This job is known for offering stability and learning at every step. Take a look at the table below to see the salaries in different countries:
| COUNTRY | AVG. ANNUAL SALARY OF A CHARTED ACOCUNTANT |
| USA | USD $ 1,06,596 |
| UK | £ 83,396 |
| Canada | CAD $ 76,666 |
| Australia | AUD $ 95,000 |
| Germany | € 55,955 |
Their job is to provide a range of financial services to their clients. It includes future planning and risk management. A CA works with people, businesses, and large corporations. Moreover, they also ensure that these entities' financial documents are accurate.
If one aims to be a CA in the future, one can opt for a degree in the domain of commerce, business, and/or finance.
Chartered accountants can be promoted to work with more and better entities. Moreover, they can also start managing financial strategies once they have enough experience.
Furthermore, we have the one on the list that is social media and marketing team. Maintaining public relations through advertising and other sales activities. The goals and vision of a business is to reach the common masses through this. Now you know which job has highest salary in world. Take a look at the table below to know which country grants them the highest salary packages:
| COUNTRY | AVG. ANNUAL SALARY OF THE DIRECTOR OF SALES AND MARKETING |
| UK | USD $ 1,82,462 |
| USA | £ 105,316 |
| Canada | CAD $ 126,308 |
| Australia | AUD $ 1,50,000 |
| Germany | € 145,000 |
The job roles include implementing advertising strategies to gain more attention from the public. Moreover, the main job is to convert the viewers or readers into customers. In addition, preparing reports and doing market research is also something they need to do. Moreover, their role is to manage budgets and identify new market trends.
You can have a degree in a field related to business administration and still work in the marketing industry. However, the post of a director is where you reach with skills and relevant experience. Moreover, you can also do a bachelor's in sales and marketing. In addition, there are several degrees in types and modes of marketing. For instance, digital marketing. It is one of the highest salary jobs in world for a reason.
Every company requires good promotion and advertisement to reach their customers. However, it is only the right skills of the marketing team to create ads and promote the company in a way that gets more and better customers.
Lastly, we have one of the most important professions in our society. Psychiatrists play a vital role in solving the mental health issues of many. Moreover, their profession also helps people change their lifestyles. However, they also prescribe medicines and are a step ahead of psychologists.
The table below will show you how much they earn in some countries:
| COUNTRY | AVG. ANNUAL SALARY OF A PSYCHIATRIST |
| USA | USD $ 2,45,000 |
| UK | £ 2,25,000 |
| Canada | CAD $ 315,000 |
| Australia | AUD $ 2,75,000 |
| Germany | € 130,000 |
They are basically doctors who have a specialty in mental health. Whether it is diagnosing, analyzing, and treating. Moreover, their treatments include lifestyle changes and medicines. Besides, they are also responsible for diagnosing conditions and treating them accordingly. These are usually related to the brain.
It, indeed, requires you to be strong in communication. However, you must also think about study in USA for psychology through a medical background. A bachelor's in psychology would make you a counselor or a psychologist.
In this stressful world, it is very normal to be anxious. Thus, there is more and more need for professionals who can help people manage success with stress. Hence, it is one of the most paying jobs in the world. Moreover, there has been an increase in disorders, and syndromes that are related to the brain. Hence, there is a good chance of helping people in need with a successful career. You can also study in Canada for more psychology related fields and research.
These are the 10 greatest paying jobs in the world. Next, we will talk about the various employers and companies in these countries who hire for different job roles.
If you have been a student and you have completed or pursuing your study in Australia, USA, UK, Canada or more, you can be of great value to the recruiters. Now, let us talk about the giants that hire for the above mentioned greatest paying jobs in the world. Moreover, this section will state the companies for every job profile as well.
1. Investment Banker
2. Data Scientist
3. Corporate Lawyer
4. Project Manager
5. Senior Software Engineer
6. Financial Analyst
7. Charted Accountant
8. Psychiatrist
1. Investment Banker
2. Data Scientist
3. Corporate Lawyer
4. Project Manager
5. Senior Software Engineer
6. Financial Analyst
7. Charted Accountant
8. Psychiatrist
1. Investment Banker
2. Data Scientist
3. Corporate Lawyer
4. Project Manager
5. Senior Software Engineer
6. Financial Analyst
7. Chartered Accountant
8. Psychiatrist
1. Investment Banker
2. Data Scientist
3. Corporate Lawyer
4. Project Manager
5. Senior Software Engineer
6. Financial Analyst
7. Charted Accountant
1. Investment Banker
2. Data Scientist
3. Corporate Lawyer
4. Project Manager
5. Senior Software Engineer
6. Financial Analyst
7. Charted Accountant
These are the various recruiters in several countries for different job roles. Now, the next section will state some common, but important skills you can use to make a career in any field.
There are many skills that a person needs to acquire in order to grow. In any field, you will find yourself working with humans full of errors, unlike machines. Thus, it is vital to focus on skills apart from the ones relevant to the field. The list below mentions some crucial skills you would need to land highest paying jobs in 2024:
1. Firstly, choose a field you want to excel in.
2. Secondly, join groups and communities with like minded people.
3. Thirdly, polish your relevant skills daily and keep yourself updated.
4. Lastly, always be eager to learn more new things.
It is because the upcoming industries and job market want people who can do more than what they ask for. Moreover, you can also focus on job creation and become an entrepreneur. There are a lot of opportunities for you in the world when you have your roots connected with the world's best education system. All you need to do is just learn how to grab them.
To conclude, these are some of the great paying jobs in the world in 2024. The spectrum, indeed, changes with every wave. However, if you have any confusion, you can hire a study abroad consultant to guide them through this ever changing world. They help you with their research and experience to know which job has highest salary in world. In addition, they also give you advice based on the following:
The job of a CEO tops the list of one of the best jobs in the world. The job responsibilities include managing and directing the team leaders, managers and lead the way for the company. They are the face of the company and earn high income depending upon the size of the company.
The following are the best jobs in the world:
1) CEO
2) Psychiatrist
3) Data Scientist
4) Software Engineer
5) Doctor
Yes, getting highest paying jobs in the world can be challenging if you don't have the relevant skills. However, if you are working hard, you can also become a job creator upon being updated skills needed in the market.
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