Highest Paying Jobs In The World - Check Eligibility & Expected Salary
Let us 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 day, there were 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-paying jobs in the world, along with the degrees associated with them (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
Job Title | Salary |
|---|---|
Rs. 20-50 LPA | |
Medical Professional | 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 salary jobs in the world, let us understand a few of them in detail.
Data Scientist
The field of Data Science has grown in popularity. Data science is a large field comprising specialized skills like Statistics, Maths, Programming, Informatics, and others.
A Data Scientist's main task is the collection and application of information from scientific fields, such as Statistics or Mathematics. He or she uses technology to uncover answers and come to findings that are essential to the growth and development of an organization. Being a Data Scientist is one of the high-salary jobs in India.
Related: Online Data Science Courses & Certifications
Educational Requirements:
- Bachelor’s degree in Computer Science or IT or a related field
- Master’s degree in Data Science or related field
Salary: A Data Scientist can earn a starting salary of around Rs.9 - Rs.12 LPA, and can earn between Rs. 40 - Rs.70 LPA upon years of experience in the industry.
Top Recruiters: Amazon, Walmart, Oracle, Microsoft, Accenture, and others.
Also read:
Medical Professionals (Physicians ,Surgeons, and others)
Any individual who is licensed or certified to provide health care services to people is known as a Medical Professional. He or she usually includes doctors, Surgeons, Nurses, Medical Lab Technicians, and others. 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. The common responsibilities that a Medical Professional must perform include 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.
Educational Requirements:
- 10+2 with Science PCB or 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 Rs. 11 LPA in the initial years, whereas a Doctor in the private sector might start on Rs. 8 LPA and increase upon years of experience. It is one of the highest salary jobs in India.
Top recruiters: AIIMS, Fortis, Apollo, Max, and others.
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 well-versed in AI-related technologies and platforms, as well as knows how to put them into practice. 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, and others. These are some of the highest-salary jobs in the world.
Educational requirements:
- 10+2 (preferably with Science PCM)
- Bachelor’s degree in Computer Science or IT or a 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, and others.
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 the ability to work long hours. It is one of the highest-paying jobs in the world.
Educational requirements:
- 10+2 (preferably in Commerce)
- B.Com/B.B.A or Bachelor in Economics or Finance
- MBA in Finance or Investment Banking, or any other related field
- CFA (Chartered Financial Analyst) certification
Salary: Median salary of 30-40 Lakhs per annum.
Top recruiters: JP Morgan, Morgan, and Stanley, Deutsche Bank, Bank of America, and others.
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 fund 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 to 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 highest salary jobs in the world.
Educational Requirement:
- BBA or B. Com or Economics or any other relevant graduation
- Chartered Financial Analyst (CFA) or Chartered Hedge Fund Associate (CHA) certifications is recommended
- MBA in Finance or Investment Banking, and others
Salary: Median salary of Rs. 17-20 lakhs per year.
Top recruiters: JP Morgan, Citi, Morgan Stanley, Abbott, and others.
Also read: Career as a Financial Analyst
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 analyze, 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 customized software code, and 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-paying jobs ever in the world at these times.
Educational Requirements:
- 10+2 (preferably with Science PCM)
- Bachelor in Computer Science or IT or a related field
- Certification courses in a related field such as Certified Information Systems Security Professional (CISSP), Computer Programming in Java, Network and Security Foundations, and others.
Salary: The median salary is Rs. 15 - Rs. 20 lakhs per year
Top Recruiters: McAfee, Cisco, IBM, Boeing, Intel, and others.
Corporate Lawyer
Corporate Lawyers assist companies or businesses with their legal duties, rights, and obligations. Corporate Lawyers protect the legitimacy of business transactions, represent corporations, and handle legal tasks such as corporate tax, mergers, acquisitions, and others. Having good communication skills, analytical skills, business knowledge, and others 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.
Educational Requirements: B.A. LLB, BBA 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, and others.
Also read:
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, job opportunities are massive. Therefore, it becomes very important to understand your interests and your abilities to follow your passion and have a successful career at the same time.
Frequently Asked Questions (FAQs)
A bachelor's degree in commerce or finance or a related field is the minimum required education to start working as a fresher in the industry. Doing a master's would enhance your value and might get you a better-paying job.
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.
Security Consultants review all security measures for clients or clint organisation. They investigate security systems, examine probable infringements, and monitor solution implementation.
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.
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.