Highest Paying Jobs in the world

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Highest Paying Jobs in the World: Employer, Salary, Eligibility

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.

Highest Paying Jobs in the World

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:

Chief Executive Officer (CEO)

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 

Job Description:

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.

Skills Required to Become a CEO:

  • Leadership
  • Mentorship
  • Strong Decision Making
  • Team Building
  • Team Management
  • Negotiation Abilities
  • Interpersonal and Communication Skills

Degree Required to Become a CEO:

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.

Future Scope:

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.

Investment Banker

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.

Skills Required to Become an Investment Banker:

  • Strong Communication
  • Verbal Persuasion
  • Capacity to Work for Long Hours
  • Negotiation Skills
  • Numeracy
  • Analytical Skills
  • MS Excel
  • Financial Analysis

Degree Required to Become an Investment Banker:

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.

Future Scope:

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.

Data Scientist

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 

Job Description:

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.

Skills Required to Become a Data Scientist:

  • Python
  • Numpy
  • Pandas
  • Keras
  • Tensorflow
  • SQL
  • MS Excel
  • Analytical Thinking
  • Critical Problem Solving
  • Machine Learning
  • Deep Learning
  • Big Data

Degree Required to Become a Data Scientist:

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.

Future Scope:

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.

Corporate Lawyer:

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

Job Description:

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.

Skills Required to Become a Corporate Lawyer:

  • Business Law
  • General Awareness
  • Negotiation Skills
  • Communication (Written and Verbal)
  • Analytical Thinking
  • Critical Problem Solving

Degree Required to Become a Corporate Lawyer:

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.

Future Scope:

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.

Project Manager

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!

Skills Required to Become a Project Manager:

  • Accountability
  • Management
  • Organization
  • Time and Stress Management
  • Strong Communication
  • Leadership
  • Problem Solving
  • Critical Thinking
  • Decision Making

Degree Required to Become a Project Manager:

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.

Future Scope:

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.

Software Engineer

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

Job Description:

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. .

Skills Required to Become a Software Engineer:

  • Programming Languages
  • Data Structures
  • Complex Algorithms
  • Critical Problem Solving
  • Communication
  • Various Softwares' Knowledge

Degree Required to Become a Software Engineer:

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.

Future Scope:

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.

Financial Analyst

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

Job Description:

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.

Skills Required to Become a Financial Analyst:

  • Risk Analysis
  • Risk Management
  • Accounting
  • Decision Making

Degree Required to Become a Financial Analyst:

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.

Future Scope:

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.

Charted Accountant

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

Job Description:

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.

Skills Required to Become a Chartered Accountant:

  • Analytical Skills
  • Knowledge of Business and Finance
  • Leadership
  • Communication
  • Mathematical and Statistical Fluency
  • Attention to Details

Degree Required to Become a Chartered Accountant:

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.

Future Scope:

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.

Director, Sales and Marketing

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

Job Description:

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.

Skills Required to Become the Director of Sales and Marketing:

  • Creativity
  • Communication skills
  • Market Research
  • Sales Management
  • Team Management
  • Interpersonal Skills
  • Negotiation Skills
  • Decision Making
  • Knowledge of Recent Trends

Degree Required to Become the Director of Sales and Marketing:

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.

Future Scope:

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.

Psychiatrist

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

Job Description:

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.

Skills Required to Become a Psychiatrist:

  • Communication
  • Politeness
  • Great Patience
  • Practicing Medicine
  • Excellent Listening Skills
  • Knowledge of Recent Trends

Degree Required to Become a Psychiatrist:

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.

Future Scope:

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.

Top Employers in Various Countries

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.

USA

1. Investment Banker

  • Golden Sachs
  • Barclays
  • Bank of America
  • Evercore
  • Nomura Holdings

2. Data Scientist

  • IBM
  • Microsoft
  • Booz Allen Hamilton
  • Google
  • Meta

3. Corporate Lawyer

  • Jobot
  • F.N.B. Corporation
  • Upwork (Anywhere)
  • Arrow International
  • ASKramer Law LLC

4. Project Manager

  • RiseNow
  • Cognizant Technology Solutions
  • US Tech Solutions
  • Google
  • IBM

5. Senior Software Engineer

  • Pearson
  • Google
  • Meta
  • Mastercard
  • Snowflake

6. Financial Analyst

  • Google
  • HBO
  • NVIDIA
  • Oracle
  • Bosch

7. Charted Accountant

  • Alliance Tax Resolution Firm
  • Occams Advisory
  • Visa
  • United Nations

8. Psychiatrist

  • ImpatKare (Anywhere)
  • Hospitals
  • Relief Centers
  • Kaiser Permanente
  • Educational Institutions

UK

1. Investment Banker

  • ONE SEARCH
  • Greenwich Partners
  • Royal Bank of Canada

2. Data Scientist

  • Hazelcast
  • Adecco
  • Metrix Lab

3. Corporate Lawyer

  • Hydrogen Group
  • The Legists
  • Kinsley Wood (Anywhere)

4. Project Manager

  • Turner & Townsend
  • Adecco
  • Cabinet Office UK

5. Senior Software Engineer

  • Barclays
  • Develop
  • The STFC Council

6. Financial Analyst

  • Abbott Laboratories
  • Cobb & Jones
  • Amazon

7. Charted Accountant

  • Xeinadin
  • PKF Francis Clark
  • Streets Chartered Accountants

8. Psychiatrist

  • Educational Institutions
  • Medical Facilities

Canada

1. Investment Banker

  • Instinet Canada Limited
  • JP Morgan Chase & Co
  • Royal Bank of Canada

2. Data Scientist

  • EVONA
  • LanceSoft
  • Citi

3. Corporate Lawyer

  • ZSA Canada
  • Enbridge
  • Aviva Canada

4. Project Manager

  • Liberty Development Corporations
  • Kumaran Systems
  • InSync Systems

5. Senior Software Engineer

  • Browse AI
  • Robinhood
  • Wonolo 

6. Financial Analyst

  • Engage Recruitment
  • Harris Computer
  • LEESTA Industries

7. Chartered Accountant

  • Baker Tilly Canada
  • Affinity
  • Canadian Accounting Consultants

8. Psychiatrist

  • Educational Institutions
  • Medical Facilities
  • Hospitals

Australia

1. Investment Banker

  • JP Morgan
  • Goldman Sachs
  • APA Group

2. Data Scientist

  • Commonwealth Bank
  • Tik Tok
  • Fortescue

3. Corporate Lawyer

  • Boettcher Law
  • Allens
  • Antunes Lawyers

4. Project Manager

  • Telstra
  • NAB
  • Commonwealth Bank of Australia

5. Senior Software Engineer

  • Atlassian
  • Google
  • Microsoft

6. Financial Analyst

  • Commonwealth Bank of America
  • Deloitte
  • Westpac

7. Charted Accountant

  • Hays
  • NAB Australia
  • PwC

Germany

1. Investment Banker

  • Infosys
  • Bain & Company
  • HSBC

2. Data Scientist

  • Accenture
  • Trivago
  • FREENOW

3. Corporate Lawyer

  • Allen & Overy
  • Clyde & Co
  • Gowling WLG

4. Project Manager

  • Deutsche Bank
  • Continental
  • Capgemini

5. Senior Software Engineer

  • SAP
  • Bosch
  • HERE Technologies

6. Financial Analyst

  • Deloitte
  • Barclays
  • KPMG

7. Charted Accountant

  • Bullish Global
  • HENSOLDT
  • Sennder

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.

How to Get a High Paying Job 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:

  • Student's interest
  • Student's Potential
  • Market Demand
  • Future Scope
  • Relevant Courses

FAQs

Q1. What Is the Highest Paying Job in the World?

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.

Q2. Top 5 Powerful Jobs in the World Per Month

The following are the best jobs in the world:

1) CEO

2) Psychiatrist

3) Data Scientist

4) Software Engineer

5) Doctor

Q3. Is It Hard to Get a High Paying Job in USA?

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.

Are You Looking for Job with High Salaries?

If yes, then our experts can help you to search the highest paying jobs in the world.

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