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| photo: Highest Paying Jobs in the World for 2023 ( kiiky.com ) |
When choosing a career, it's important to consider the following three factors:
- Is it personally and professionally fulfilling for me?
- Is it exciting and does it offer opportunities for growth?
- Does it pay well?
While these factors may carry different levels of importance for different individuals, many people place a high emphasis on earning potential. Who wouldn't want to work in a stable organization, earn a high salary, and live a comfortable and secure life? Therefore, searching for the highest paying jobs in the world is a common goal for many.
If you're looking for guidance, inspiration, or are keeping your options open after graduation or considering a career change, you've come to the right place.
Highest Paying Jobs in the World in 2023
- Data Scientist – $97,659
- Senior Software Engineer – $119,126
- Investment Banker – $115,465
- Chief Executive Officer – $310,000
- Surgeon -$216,248
- Anaesthesiologist – $326,296
- Physician – $227,000
- Neurosurgeon – $496,000
- Oral & Maxillofacial Surgeon – $333,293
- Orthodontist-$304,000
- Gynaecologist -$299,100
- Psychiatrist – $281113
- Airline Pilot & Co-Pilot – $240,000
- Paediatrician – $238,000
- Internist – $229500
- General Practitioner (GP) – $216790
- Dentist – $213,000
- Petroleum Engineers – $171,000
- Engineering Manager – $166,406
- IT Manager – $149,000
- Financial Analysts – $126,000
Salary potential:
- ₹822,895 (India)
- $97,658 (US)
- £60,000 (UK)
- C$109,802 (Canada)
What skills are necessary for a data scientist? The following skills are important for a data scientist:
- Knowledge and experience with statistical analysis
- Proficiency in machine learning and programming
- Strong analytical and critical thinking abilities
- A curious and inquisitive mindset
- Good interpersonal skills
- The ability to effectively communicate data insights and findings through storytelling.
Salary potential:
- INR 956,945 (India)
- USD 121,758 (United States)
- GBP 99,000 (United Kingdom)
- CAD 248,000 (Canada)
What skills are necessary for a senior software engineer? The following skills are important for a senior software engineer:
- Proficiency in programming and debugging
- Strong logical thinking and problem-solving abilities
- Good communication skills
- The ability to work well in a team and coordinate with others
It's worth noting that senior software engineers typically work 40 hours per week, not including overtime. The demanding nature of the job and high demand for software engineers can justify the high salary in this field.
3. Investment Banker
Salary potential:
- INR 966,410 (India)
- USD 115,465 (United States)
- GBP 90,000 (United Kingdom)
- CAD 180,000 (Canada)
What skills are necessary for an investment banker? The following skills are important for an investment banker:
- Experience arranging finances
- Knowledge of equity financing
- Strong negotiation skills for mergers and acquisitions
- Networking and communication skills
- Time management abilities
- Impeccable qualitative and quantitative skills.
Salary potential:
- INR 2,952,883 (India)
- USD 156,412 (United States)
- GBP 176,000 (United Kingdom)
- CAD 259,000 (Canada)
- Strong leadership skills
- Strong management skills
- Decision-making abilities
- Good communication skills
- A diverse skill set
- Strong teamwork and organizational skills
It's worth noting that being a CEO is challenging, time-consuming and requires a lot of dedication and hard work. So one must be prepared to put in the time and effort if they plan to pursue this field.
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| photo: upload.wikimedia.org |
Salary potential:
- INR 2,800,000 (India)
- USD 208,000 (United States)
- GBP 120,000 (United Kingdom)
- CAD 180,000 (Canada)
There are many different types of surgeons, depending on their field of expertise and specialization. Some common specialty areas include:
- Pediatrics: surgery involving children
- Neurological: surgery involving the brain
- Oral: surgery involving the mouth
- Reconstructive: surgery that involves repairing broken parts of the body
- Cardiothoracic: surgery involving the heart, lungs, esophagus, and chest
- Urology: surgery involving the kidneys, bladder, and urinary tract
What skills are necessary for a successful surgeon?
- Attention to detail
- Stress management
- Time management
- Good communication skills
- Teamwork abilities
- Strong organizational skills
Being a surgeon can be challenging, but it is also very rewarding as you are saving people's lives.
- ₹12,17,872 (India)
- $326,296 (US)
- $192,000 (UK)
- C$408,000 (Canada)
To become a neurosurgeon, the following prerequisites must be met:
- Possess an MBBS (Bachelor of Medicine and Bachelor of Surgery) degree
- Complete a postgraduate program in neurosurgery
- Obtain a fellowship to specialize in a specific area (if desired)
- Stay up-to-date with the latest advancements in neuroscience by attending regular meetings, seminars, and conferences.
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| photo: www.massgeneral.org |
Salary potential:
• $333,293 (US)
• £249,253 (UK)
• C$ 292,757(Canada)
The profession of Oral and Maxillofacial Surgeons is distinct from that of regular dentists. Their primary responsibility is to perform surgical procedures on the face, mouth, and jaw, with a focus on both hard and soft tissues.
One of the key benefits of this career is that it offers the opportunity to help others while also earning a good income. This is not the case with all career options.
The requirements to become an Oral and Maxillofacial Surgeon vary by country, but on average, the following are typically required:
- Obtain a dentistry degree
- Complete four years of training in Oral and Maxillofacial Surgery (OMFS)
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Salary potential
• $304,000 (US)
• £291,000 (UK)
• C$245,000 (Canada)
There are many opportunities to earn a high salary in this profession. It is one of the highest paying jobs in the dental field.
An orthodontist's job includes examining, diagnosing, and correcting any dental abnormalities related to the position of the jaw and teeth. They specialize in straightening teeth, fixing crooked smiles, and adjusting bite positions using braces and retainers.
To become an orthodontist, the following prerequisites must be met:
- Obtain a bachelor's degree and a dental degree (DDS or DMD)
- Obtain a certificate in orthodontics through a residency program
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Salary potential:
• $299,100 (US)
• £208,451 (UK)
• C$241,431 (Canada)
A gynecologist is a medical doctor who specializes in the female reproductive system. They are responsible for diagnosing and treating conditions related to the female reproductive tract, including the uterus, fallopian tubes, ovaries, and breasts.
Anyone with female reproductive organs can visit a gynecologist. According to statistics, approximately 80% of patients who visit gynecologists are between the ages of 15 and 45.
Gynecologists are medical doctors who specialize in providing reproductive and sexual health services such as Pap tests, pelvic exams, testing and treatment for vaginal infections, and cancer screenings. They are experts in diagnosing and treating reproductive system disorders such as infertility, pelvic pain, endometriosis, and ovarian cysts. They also manage patients with ovarian, cervical, and other reproductive cancers.
Some gynecologists who specialize in obstetrics are called OB-GYNs. They are responsible for caring for women during pregnancy and childbirth.
To become a gynecologist, the following prerequisites must be met:
- Obtain an MBBS (Bachelor of Medicine and Bachelor of Surgery) degree
- After completing a medical degree, complete a postgraduate program in gynecology.
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| photo: www.peakmedicalgroup.ca |
Salary Potential:
• $281113 (US)
• £78,950 (UK)
• C$290055 (Canada)
Being a psychiatrist is another highly paid career in the world. Psychiatrists are responsible for diagnosing and treating mental disorders. They listen to patients' concerns and identify the underlying cause of their issues. This type of treatment is more in-depth and systematic, as it requires a thorough understanding of the patient's history, which can take a significant amount of time. This can be a rewarding career as the average salary in this profession is quite high.
To become a psychiatrist, the following prerequisites must be met:
- Obtain an MBBS (Bachelor of Medicine and Bachelor of Surgery) degree
- Apply for a postgraduate program in psychiatry through an examination.
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Salary Potential:
• $240,000 (US)
• $116,000 (UK)
• C$154,000 (Canada)
This job is for people who are courageous and passionate about flying. If you love flying and consider it cool, then this is an excellent career choice for you.
Being a pilot is considered one of the highest-paying careers and comes with attractive perks. To earn a good salary and benefits, one must go through rigorous training and pass medical examinations. To become a pilot, there are standard medical requirements that must be met, and regular check-ups and testing must be attended and passed even after becoming a pilot.
This job is full of ambition and opportunity, so don't hesitate and pursue it.
Prerequisites:
- Complete 10+2 in Science (MPC)/Commerce
- Obtain a Commercial Pilot License (CPL)
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| photo: www.windsor.edu |
Salary Potential:
• $238,000 (US)
• £175,000 (UK)
• C$280287 (Canada)
Some professions in the world are considered noble, and the medical profession is one of them. Along with earning a good income, this profession brings recognition and fame.
Becoming a pediatrician allows one to work with children daily and help cure their illnesses.
The main responsibilities of a pediatrician include diagnosing, preventing, and treating diseases and injuries in children. They also identify and address physical, mental, or social health problems in children to ensure they are as comfortable as possible.
With the potential for recognition, fame, and a good salary, what more could one ask for in a career?
Prerequisites:
To become a pediatrician, one must possess an MBBS + MD degree in Pediatrics.
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Salary potential:
• $229500 (US)
• £197600 (UK)
• $225,000 (Canada)
At times in our lives, we may experience severe pain in our body and become increasingly distressed when we cannot determine the cause of the pain, especially when it cannot be localized from the outside. This is when internists play a crucial role.
An internist is a physician who specializes in providing a diagnosis and non-surgical treatment plans for internal injuries or diseases to patients. They do not perform surgeries. Their treatment mainly focuses on acute illnesses such as diabetes, high blood pressure, and Alzheimer's. This profession is considered one of the highest-paying jobs in the world.
Many internists specialize in one specific internal organ system, such as the digestive system, and devote 100% focus and energy to that area.
Prerequisites:
- Obtain a bachelor's degree from a medical school, which takes 4 years to complete
- Complete three to seven years in internship and residency programs.
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Salary Potential:
• $216790 (US)
• £1,42,735 (UK)
• C$240,000 (Canada)
A general practitioner (GP) is typically the first point of contact for patients experiencing any kind of disease or pain. GPs initially diagnose and treat a patient's health-related issues and refer the patient to a specialist if necessary, based on their symptoms. It is a noble profession that greatly helps people.
To become a general practitioner, an MBBS degree and approximately seven to ten years of total training and education are required.
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| photo: healthline |
Salary Potential:
• $213,000 (US)
• £98,000 (UK)
• C$206,000 (Canada)
This is a high-paying career. Dentistry jobs are in high demand nowadays.
A dentist's job is to provide advice to patients on maintaining good dental hygiene and to diagnose and treat dental-related issues. They may also perform minor dental procedures as needed.
Prerequisites:
A bachelor's degree in dentistry and completion of all necessary practical training.
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| photo: www.yourfreecareertest.com |
Salary Potential:
• $171,000 (US)
• £91,000 (UK)
• C$175,000 (Canada)
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Salary Potential:
• $166,406 (US)
• £101,000 (UK)
• C$161,000 (Canada)
To pursue this profession, there are three types of courses available:
- Certification and degree courses require the completion of class 12th.
- Diploma courses require the completion of certification courses.
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Salary Potential:
• $149,000 (US)
• £89,000 (UK)
• C$109,000 (Canada)
Engineering Managers are in charge of overseeing various projects, leading diverse teams, and communicating with clients. In other words, Engineering Managers must possess not only strong technical knowledge but also a range of soft skills to be successful in their role.
To become an Engineering Manager, one typically advances to this position through experience as an engineer. Additionally, having an MBA degree in Engineering Management (MEM) can provide a solid foundation for this role.
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• $127,000 (US)
• £55,000 (UK)
• C$121,000 (Canada)
An IT Manager is responsible for safeguarding a company's IT infrastructure and network from malware and hackers. This is a highly compensated job worldwide. To be an effective IT manager, one should have a good understanding of computer systems and IT security systems, as well as the ability to troubleshoot technical issues and upgrade software or hardware when necessary.
IT Managers are in high demand and receive attractive compensation packages and benefits. As technology continues to evolve, the need for IT Managers is increasing at a rapid pace, as companies require professionals to meet their constantly changing IT needs.
To become an IT Manager, the following qualifications are usually required:
- A Bachelor's Degree in IT
- Strong knowledge of information technology, computer science, or management information systems puts a candidate at an advantage.
22. Financial Analysts
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| photo: www.industriuscfo.com |
• $126,000 (US)
• £78,750 (UK)
• C$84,102 (Canada)
Being a financial analyst can be a well-paying profession for those who excel at working with numbers. Strong statistical analysis skills and patience are necessary for this career as it involves stocks and bonds. The rise and fall of these investments can be unpredictable due to various technical factors, so a financial analyst must be able to thoroughly study and predict their performance.
Individuals rely on the advice of a financial analyst when investing significant amounts of money. It is the responsibility of a financial analyst to provide accurate information and to do so, they must have a strong understanding of statistics.
How Much Does A Financial Analyst Earn?
A financial analyst's earnings are dependent on their reputation. Typically, a well-respected financial analyst charges around $38 per hour on average. Recently, there has been an increase in interest in this profession, with a 7% increase in recent times.
To become a financial analyst, the following qualifications are typically required:
- 0-3+ years of experience in business finance or a related field.
- High proficiency in financial modeling techniques.
- Competency in using Excel formulas and functions.
- A BA, BS, or B.Com degree in Accounting, Finance, or Economics.
- Strong analytical and data-gathering skills.
- Good business acumen.
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