Top 20 Highest Paying Jobs in the World

Introduction

Choosing a career path can be very daunting for any aspirant. There are so many career choices available these days, some listed under the keyword highest paying jobs in the world and few others that guarantee skyrocketing growth trajectories. All these considerations can decide to choose a career and get paid most trajectory very challenging for students and even professionals. 

Considers the following three factors before choosing a career:

1. Is it personally and professionally rewarding to me? 

2. Is it exciting, and can I grow in this field? 

3. And lastly, does it pay well?

While all three factors hold different significance to different people, the pay parameter holds the highest importance to many people. And why shouldn’t it? Who doesn’t want to work in an established organization, earn a six-figure salary and live a life of luxury and security? Hence, searching for the highest paying jobs in the world is what most of us are after.

So, if you’re looking for some insight and inspiration, or you’re keeping your options open after school or seeking the idea of changing careers, you’ve come to the right place.

Top 20 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

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1. Data Scientist

Salary potential:

• ₹822,895 (India)

• $97,658 (US)

• £60,000 (UK)

• C$109,802 (Canada)

 

Companies have a lot of disparate data that they cannot make sense of. This data can be used to get valuable insights, and data scientists help to do exactly that. Data scientists gather large amounts of structured and unstructured data and analyze them to develop valuable insights and patterns. By extrapolating and sharing these insights, data scientists help companies to solve difficult problems. They combine computer science, modelling, statistics, analytics, and math skills to uncover the answers to some major questions that can help organizations make decisions.

Data scientists also have to use visual presentation techniques to make other people understand the trends and data, so they must also have presentation skills. There is no specific industry for data scientists, as they are in demand across the length and breadth of the industry. Data scientists are needed everywhere from retail to healthcare, media & entertainment to transportation, education to BFSI.

 

How to Become a Data Scientist?

To become a data scientist, there is no specific qualification. One can earn a bachelor’s degree in any field, although Science, Mathematics, Computer Science, and Engineering fields are preferred. After completing a bachelor’s, the person can do a master’s in data science from a good institute to land a well-off job. 

Quick Check – Introduction to Data Science

What are the skills required to become Data Scientist?

Data scientist skills are listed below:

• Statistical Knowledge and Analysis

• Machine learning and Programming

• Analytical and Critical thinking

• Inquisitiveness

• Interpersonal skills

• Data storytelling

Free Courses To Become Data Scientist

Free Courses Career in Data Science Data Science Big Data Data Structures

2. Senior Software Engineer

Salary potential:

• ₹956,945 (India)

• $121,758 (US)

• £99,000 (UK)

• C$248,000 (Canada)

 

A senior software engineer has many different responsibilities in a company. They range from testing and documenting software for client applications, guiding junior engineers, and translating business requirements into technical specifications. They also have to manage project priorities and timelines. Software engineers is one of the highest paying jobs in the world and they work in almost all sectors today because of the influx of technology across all the fields of modern industry. Be it retail, healthcare, research and development, business, IT/ITES, government agencies, defense (army, navy, airforce), insurance, banking, or finance; every industry has an opening and requirement for software engineers.

 

How to become a Senior Software Engineer?

To become a senior software engineer, one must earn a computer science, engineering, and/or web development degree. You can also pursue a master’s degree in the before-mentioned fields to earn higher pay and climb up the organizational ladder faster. Suppose you wish to pursue some of the trending technologies. In that case, you can choose to do certification courses in data science, machine learning, business analytics, and blockchain to advance your learning and better career opportunities.