Do you want a career that will boost your bank balance and provide you with a comfortable financial situation? The vast majority of people want to earn money that will make them rich so that they can enjoy their wealth, but often people do not know what career path that will allow them to do this or they are not willing to put the work in.
There are many excellent career paths to choose from for those that want a high salary, but it is important to note the usually these can be tricky and demanding career paths so it must be something that you are willing to work for and, at the end of the day, love. With this in mind, here are a few careers which are guaranteed to boost your bank balance.
There are few jobs as well-respected or important as a doctor. As a doctor, you will use your training and expertise to investigate, diagnose and treat a wide range of illnesses and conditions. Being a doctor is incredibly demanding and it takes many years of studying, but it is also one of the most rewarding professions because you get to save lives each day and help people to be healthier.
In addition to training, a great doctor will also have a wide range of skills and be a good people person as they will be working with many different people each day. Of course, one of the major perks of this job is that it is very well paid with the amount that you earn depending on your specialty, but it is certainly a job that will allow you a financially comfortable lifestyle.
There is a growing demand for psychiatrists around the world with mental health becoming a major global problem. A psychiatrist diagnoses and treats mental health disorders as well as providers counselling to help people to overcome issues in their life. This makes it one of the most rewarding careers that you can embark on and one which is growing in importance.
Psychiatrists are amongst the best paid in the medical field. Similarly to a doctor, they will need to complete a medical school degree and a residency before they can start practicing.
3. Oral & Maxillofacial Surgeon
There is a lot of money to be made working with mouth and teeth. Oral surgeons perform procedures like wisdom tooth extraction while a maxillofacial surgeon performs a wide range of procedures around the face and jaw, including aesthetic procedures.
As you would expect with this type of work, it requires many years of studying to reach this level and an oral and maxillofacial surgeon willed to be qualified in both dentistry and medicine. While it can take a while to become qualified, the earning potential with this role is huge, and it can be rewarding work.
4. Chief Executive
Those looking for a high paying salary without working in the medical industry should look into becoming a chief executive officer (CEO). A chief executive is the top of the pile when it comes to a corporation and they will be responsible for making major corporate decisions, managing the operation and acting as the point of communication between the board of directors and the corporate operations.
The role will vary depending on the company, but in order to succeed, you must possess excellent business smarts and have a wide range of skills. This usually comes with experience in running your own companies or working for large corporations and climbing the ladder. It is likely that you will also need a degree in a related field, such as business, economics or accounting. An MBA from a good school and a large network will also help to open up opportunities for you.
5. Architectural & Engineering Manager
This lucrative role involves managing the coordination and integration of technical activities in engineering or architectural projects. This could involve approving changes, supervising employees, directing the financial planning, analyze financial details, advise management and much more.
As you would expect, in order to reach this role you will need to have excelled in a career as either an architect or engineer. As such an important role you can command a very high salary and you get to oversee exciting projects from start to finish.
6. Financial Manager
As you would expect, those that are responsible for managing the financial health of a corporation earn a fair amount themselves. This is because they play such a key role in helping a business to maximize profit through developing strategies and finding ways for a company to achieve their financial goals.
A financial manager will usually have a master’s degree in finance, business administration or accounting and have plenty of experience of accounting before stepping up to become a financial manager. It can be rewarding to help a company to achieve its financial goals through your own research and work – this is also why it is such a well-paid role.
When people think of well-paid positions a lawyer will often be one of the first careers to spring to mind. This is for good reason as a lawyer can command a huge salary and it is work that is always in demand. There are many different areas to specialize in and there are excellent career progression opportunities, but it can also be difficult to get certified and it is highly competitive.
In order to become a lawyer, you will need to go to law school, earn a juris doctor degree, pass the bar examination and then advance your career. This is highly important work where you get to represent your client in legal issues and disputes which means that you must be intelligent and possess a wide range of skills in order to succeed.
8. Information Systems Manager
Computers have completely revolutionized modern life and practically every business will rely heavily on an IT system for their operation. An information systems manager is responsible for implementing IT into a company as well as maintenance and overseeing a team of IT professionals. This can have a huge impact on the success of a company and help them to streamline the operation and/or boost sales, so an information systems manager is an important and well-paid role.
It can be helpful to have an MBA or proven business management skills as well as excellent and current IT knowledge.
9. Software Developer
Leading on from this, software plays a huge role in modern day life and is used on a daily basis by individuals, businesses and other organizations. A software developer is responsible for designing, installing, testing and maintaining software systems to be used by the world.
A software developer will need a bachelor’s degree in computer science or a similar field and have excellent programming application skills. This is a high-paying role and one which is expected to grow in the coming years with people increasingly relying on software to help with many different areas of life.
10. Information Security Analyst
While the rise of technology and the internet has brought many benefits to the world, it is not without its risks. The rise of cybercrime in recent times has been astronomical and there are constantly dangerous new threats being developed which target individuals, SMEs, large corporations, government agencies and just about anyone. An information security analyst has the important role of safeguarding a company’s computer system by installing firewalls, using data encryption programs and staying updated on the latest security trends to stop cybercrime in its tracks.
Information security analysts can command a high salary because they carry out such important work and this will only continue as the war on cybercrime continues. The majority of information security analysts will hold a bachelor’s degree in programming, computer science or a similar field and some companies will require an information security analyst to have an MBA in information systems.
Crime is a major problem around the world and it is important that this is understood and not just reacted to. Criminology involves the study of crime including the causes, effects and social impact with a criminologist using their expertise to analyze, predict, deter and prevent criminal behavior. As such an important role it is also one which can be lucrative and there are many different areas to specialize in.
Criminology programs in Canada from reputable schools like Laurier will teach you everything that you need to know and provide you with a recognized qualification which should help you to secure work in this field even without prior law enforcement experience.
12. Electrical Engineer
An electrical engineer designs and develops electrical systems, solves issues and tests equipment which means that the role can be incredibly varied and diverse. You can work on projects involving computers, navigation systems, wiring and lighting in buildings, cell phones, robots and just about anything related to electronics which is a huge amount in today’s day and age.
This is well-suited to anyone that is interested in technology and electricity, and it can be a highly lucrative career path. An electrical engineer will have a bachelor’s degree and possibly a master’s in electrical engineering.
13. HR Manager
Human Resources (HR) is an incredibly important arm of any business as it will have a direct impact on the success of the company. An HR manager will oversee all aspects relating to the management of people within an organization. This will include recruitment, training, employee relations, employment law, career development, disciplinary issues, redundancies, and other aspects.
Essentially, an HR manager is tasked with maximizing employee performance and handling issues which should help a company to reach its potential. HR managers have impressive salaries, but they will need a master’s degree in HR and vocational training before being able to land the role.
14. Marketing Manager
No business can survive without marketing as this is how you increase awareness about your company, keep up with the competition and advertise your products/services. This is particularly important in today’s internet-driven age where people first turn to the internet when they need any kind of product or service. A marketing manager is someone who will implement and report on various marketing initiatives and control communication between a business and its target audience.
As you would expect, to become a marketing manager it is required that you have a number of years experience working in marketing and a proven track record. You may also be required to have a bachelor’s in marketing or business administration.
An actuary compiles and analyzes statistics to calculate insurance risks and premiums. They can provide commercial, financial and strategic advice through their knowledge of economics, business, investment theory, probability and statistics. With such knowledge and the ability to help businesses to make such important decisions, it is no surprise that an actuary is one of the best paying jobs at the moment.
To become an actuary you will need a bachelor’s degree and pass a series of exams which are famously difficult to pass. This means that it takes some people a while to become certified but the starting salary certainly makes up for this and it should not be too challenging to find work as such an important role which can help many different types of business.
Those that are driven by money will always want a career which offers them a great salary that will allow them to lead a luxurious and enjoyable lifestyle. These are a few of the best paying jobs right now and all ones which can provide a rewarding, lucrative and interesting career.
As you can see, with many of these roles you will need to undertake a lot of studying and training to become certified but the salaries should more than