Finance

Highest paying jobs in 2024

By David Muino

Choosing the right career path can be a very tough process. You are supposed to consider the values, interests, and goals one has. Further, the dynamic job market is rapidly changing due to shifting technologies and consumers’ behaviors. Picking on the skills possibly needed much in the future jobs, it’s good to do in-depth studies based on programs that have a reflection of these competencies. Once these competencies are developed, it becomes easy to be marketable, getting many opportunities.

Luck is on your side, since there exist career skills set to go ‘hot’; recollect some of them—those that you feel are related. Do you feel as if data analytics and management are your kind of thing, or is artificial intelligence and machine learning close to your heart? Not so. Take a closer look at how international universities collaborate with the best to give you a global perspective on your newly chosen career. Studying abroad brings best-in-class programs, internationally-recognized qualifications, the opportunity to experience new cultures, and meet people from around the world—an experience that one carries forward in their life.

Jobs with high salary opportunities.

1) Data management and analysis

If you are looking for a perfect career for you, when you are good in combining analytical skills with technology then data analysis and management would be the right career path for you. With companies creating giant records, the call for experts to analyze and manage data to offer insights and/or inform business decisions is way up high. The profession calls for one to have technical and communication skills as he or she works closely with other teams to distill business needs and derive actionable insights.

Job opportunities:

Data Analyst: The job is to collect, manage, categorize and analyze data for better business insight and recommendations.

Business Intelligence Analyst: Develops dashboards and visualizations for the business to understand its data.

Data Scientist: Makes machine learning models and algorithms for prediction analytics and automation.

Data Engineer: Makes and manages an organization’s data infrastructure, including pipelines and databases.

Database Administrator: Administrators and secures an organization’s databases.

Whether this is included:

Job Growth and Salary: It is  projected to have a growth of about 10% in the next 10 years. Source: U.S. Bureau of Labor Statistics

2) Cybersecurity

If you are curious about how to defend against cyber threats and you have a background in technology, then cybersecurity is an excellent career field for you. Given the fact that the sophistication of cyber attacks is increasing, combined with the frequency of these said attacks happening, there arises a high demand for cybersecurity professionals. 

Career prospects-

Information Security Analyst – Secures systems and networks from security breaches.

Network Security Engineer – Develop and manages secure network

Penetration Tester (Ethical Hacker) – Tests a system for its vulnerabilities

Security Consultant – Advises the organization on improvement regarding its cybersecurity

3) Machine Learning & Artificial Intelligence 

If you are into Innovation and Technology and want to learn more about advanced systems then Artificial Intelligence and machine learning is the right place to start. If you are fond of advanced technology and constant innovation, then artificial intelligence and machine learning is your place to be. By automating the industry, it helps finance, healthcare, and transportation businesses in optimum decision-making and increases efficiency. With the advancement of these technologies, it opens up the market demand for more such professionals who will work with these artificial intelligence and machine learning algorithms in designing, developing, and implementing solutions.

 Job opportunities:

Software Engineer: Design, development, maintenance of software systems.

Web Developer: Web applications and websites are designed and maintained by them.

Mobile App Developer: Develops mobile applications on either the iOS or Android platform.

Video Game Developer: Develops video games.

DevOps Engineer: Software deployment and its progress is administered by them.

Software Architect: Makes decisions and plans about the software systems.

Job growth and Salary:

Artificial intelligence and machine learning professionals in computer and information research will increase by about 15% from 2029 to 2039.

4) Software Development

In this technological era, we live in, and thus, we are in dire need of skilled software developers. Software developers engage in the development and production of the software that runs in smartphones to self-driving cars and anything in between. The field can offer one the opportunity to work on exciting projects and learn continually with every change in technology.

Career Prospects:

Software Engineer: Design, Develop and maintain applications and software systems

Web Developer: Design, develops and maintains sites and web applications.

Mobile App Developer: A mobile app developer is specifically meant to design applications  of a mobile app.

Game Developer: The game developer develops and does the overall design of any genre of video games.

Full Stack Developer: It is a developer who handles both front-end and back-end development.

DevOps Engineer: An engineer who takes charge of software development and operations.

Software Architect: An architect who does the design and planning of the software system.

Job Growth and Salary Potential:

Employment of software developers is projected to grow by 22% from 2019 to 2029. Source : U.S. Bureau of Labor Statistics

Median annual wage for software developers was $110,140 in May 2020. (Source: U.S. Bureau of Labor Statistics)

5) Cloud Computing

With the emergence of Cloud Computing, this has become the quickest-developing field, and it also holds very promising career aspects for anyone whose interests lie in the tech world. It comprises the delivery of hosted services over the internet, such as computing power, storage, databases, networking, and much more. As businesses continue to move their operations to the cloud, the increasing pool of businesses will need highly knowledgeable and skilled professionals in clouds.

Career and Job Prospects: 

Cloud Architect: Cloud architects design and manage cloud solutions. Cloud Engineer: Cloud engineers deploy and maintain cloud solutions.

Cloud Developer: Applications development on cloud platforms.

Cloud Operations Manager: Day-to-day cloud infrastructure management.

Job Growth and Salary Potential:

Investment in cloud infrastructure is projected to touch $1 trillion by 2024 with an estimated job growth rate of 14% per annum. (Source: IDC)

Cloud computing professionals have an average salary close to $120,000 per year. (Source: Indeed)

Jobs

6) Robotics & Automation

Automation and Robotics are subjects that hold massive relevance in various sectors, such as health, agriculture, and industry. The work areas of robotics and automation involve only the creation and design of robots, automation of different processes, and the use of machine learning algorithms in different kinds of procedures to assure process improvement. It is a very innovative and disruptive area, so the best one can do is to reskill with new technologies and industry norms.

Job Opportunities: 

Robotics Engineer: Design and testing of robots. Automation Engineer: Develop automated systems. Control Systems Engineer: Design and development of the automation control system.

Artificial Intelligence Engineer: He develops AI algorithms for Robots

Robotics Technician: He maintains and repairs Robots.

Job Growth & Salary Potential:

The job growth for Robotics Engineers will be an estimated 9% from 2020 to 2030. (Source: U.S. Bureau of Labor Statistics)

The median annual wage for Robotic Engineers is $99,040. (Source: U.S. Bureau of Labor Statistics)

7) Digital Marketing & Social Media Management

Digital marketing and social media management are both very important and perhaps have come to be much more significant with the onset of the digital age. Professional guidance is needed by companies on how to design and implement better digital marketing and ways to engage customers on social media. This field is really very dynamic; therefore, it calls for creativity, adaptability, and analytic skills.

Job Prospects:

Social Media Manager–Manages and creates social media accounts and content.

Content Marketer–Creates content and further distributes it.

SEO Specialist–To optimize online presence for search engines.

Digital Marketing Analyst: Analyzes digital marketing data.

Email Marketing Specialist: Dispatches email marketing messages.

PPC Specialist: Operates pay-per-click advertisement.

Influencer Marketer: Collaborates with social media influencers.

Online Reputation Manager: Manages online reputation.

E-commerce Specialist: Manages online stores.

Digital Marketing Director: Manages digital marketing strategy.

Employment and Salary Potential:

The employment for marketing managers will rise by 10 percent from 2020 to 2030. (Source: U.S. Bureau of Labor Statistics)

Digital Marketing Manager

The current salary that an average Digital Marketing Manager could expect is almost $77,000 per year; that of a Social Media Manager is around $54,000 per year. (Source: Glass door)

Project Management

Project management is the practice of initiating, executing, controlling, and closing the work of a team. Therefore, this job opportunity is for you if you have significant leadership, communication skills. Problem solving abilities. More and more companies are on the lookout for candidates who have Project management skills so that they are able to handle even chal­lenging and complex projects with élan.

Job opportunities

Project Manager: look after the projects from start to completion.

Program Manager: Oversees interrelated projects.

Project Coordinator: Admin assistance.

Project Analyst: Analyzing project scoops.

Scrum Master: Facilitate agile development.

Product Owner: Define project functionality, requirements.

Risk Manager: Help in risk management.

Quality Manager: Assist in quality.

Wrapping it up –

It is quite decision-making to choose a career in this ever demanding, competitive world but the focus on building such skills can practically ensure that the sky’s the limit for you in building a great and rewarding career. As the pace of businesses and industries moves faster, an increased demand for experts in data analysis, artificial intelligence, cybersecurity, software development, cloud computing, robotics, digital marketing, project management, UX/UI design, and AR/VR development will take place. High-demand skills will allow you to fine-tune your ability in such areas, keying yourself into the fronts of innovation and assuring opportunities in some of the fastest-growing and highest-earning fields.

International universities have unparalleled programs and resources. You do not get a view of the world; you get the latest knowledge from around the world. The international experience in itself, apart from your domain, is enriching for your personal and professional life. Be it the analytics rigor in managing data or creative problem-solving in AI, so much is waiting out there. By aligning your learning and career goals with these emerging skills, you confidently navigate a world of work that is constantly changing and build a successful future.

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