Best 10 High Paying Jobs in the World

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Meridean Overseas
Meridean Overseas

Updated On 29 April 2024 & Read Time 14 minutes

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After spending years of resources, time, education, and energy, we all wish for a well-paying job after completing our education, right?

 

Nowadays, students start to plan for their careers even before they begin their higher education due to the continuously rising cost of living. It doesn’t matter whether you are a professional or a fresher; it is crucial to search for a profitable career path and industry that has strong potential to ensure strong professional and personal growth.

 

Do you know which job has highest salary in world? If not, then there is no need to worry, as this blog is going to cover all the essential details about highest paying jobs in the world.

 

So, let’s begin the blog by learning about the most paid jobs in the world, the highest salary in the world, and much more.

 

What are the highest paying Jobs in the world?

Some occupations consistently rank high on the list of highest paying jobs daily regardless of the city, nation, number of employees, and business size. As a result, these occupations are granted the highest salary in the world. To know which job has highest salary in the world, have a look at the list provided below:

 

top-10-highest-paying-jobs-in-the-world

 

  • Chief Executive Officer

  • Anesthesiologist

  • General and Orthopaedic Surgeons

  • Psychiatrists

  • Data Scientists

  • Software Engineers

  • Investment Banker

  • Professional Athletes

  • Petroleum Engineers

  • Corporate Lawyers

 

So, as we know, the list of highest paying jobs in the world, let us discuss them in detail.

 

Chief Executive Officer

The top position in any organisation's hierarchy is that of the CEO. No matter the size of the organisation, the CEO is in charge of all daily corporate operations, resource management, and managerial procedures. Moreover, a CEO must inspire his managers and staff to increase productivity without putting excessive pressure on them.

  • Process: The most fundamental requirements for becoming a CEO are ideally obtaining a bachelor's degree and an MBA. 

  • Experience required: minimum 5 years of managerial or above experience.

  • Skills required: Excellent team leadership and interpersonal skills, negotiation abilities, organisation skills, decision-making skills and time management. 

  • Top companies: Apple, IBM, Amazon, Samsung and others.

The average salary of CEOs

In Foreign Currencies 

In INR

Canada

CAD 240,000

INR 1,46,92,870

UK

GBP 3,20,000

INR 3,37,78,960

France

EUR 2,20,000

INR 1,98,50,560

USA

USD 8,50,000

INR 7,04,55,780

Australia

AUD 3,50,000

INR 1,90,33,810

India

-

INR 3,20,00,000

Also, Read: Top 10 Universities in the World

 

Anesthesiologist

Anesthesiologist's salaries are among the highest in the world and the highest in the United States. They are crucial to ensuring patient safety during surgeries and other medical procedures. They are skilled in administering anaesthetics, monitoring vital signs, and managing pain during and after surgery.

  • Process: First and foremost, a bachelor's degree in chemistry, physics, or biology is required. After that, obtain a degree in medicine (MD) or osteopathic medicine (DO) and thoroughly understand human anatomy, physiology, and diseases.

  • Experience required: 12-15 years

  • Skills required: Ability to handle stressful situations, good communication skills, critical thinking and problem-solving abilities, strong core knowledge of pharmacology and medical instruments, and accuracy and precision when administering the anaesthesia dose.

  • Top companies: Hospitals and health centres such as ICON, Henry Ford Health System, Kaiser Permanent, Trinity Health and so on.

The average salary of Anesthesiologists

In Foreign Currencies 

In INR

Canada

CAD 3,40,000

INR 2,08,14,900

UK

GBP 1,12,000

INR 1,18,22,640

France

EUR 2,00,000

INR 1,80,45,960

USA

USD 4,25,000

INR 3,52,27,890

Australia

AUD 3,90,000

INR 2,12,09,110

India

-

INR 25,00,000

General Surgeons

General surgeons are experts in many fields who diagnose and treat various medical conditions through surgery. In addition to treating common disorders like appendicitis and hernias, they handle complex procedures involving the skin, breast, and soft tissues.

 

They also provide pre- and post-operative care to ensure a smooth recovery. General surgeons are generally the go-to experts for various surgical needs and offer complete support during procedures.

  • Process: Get a bachelor's degree in a science-related field, followed by medical school, to deeply understand human anatomy and physiology.

  • Experience required: 10-13 years

  • Skills required: Deep knowledge of medically related conditions, excellent eye-to-hand coordination, patience, ability to remember symptoms and accuracy and precision.

  • Top companies: General and orthopaedic hospitals, speciality hospitals, Fortis Healthcare, Apollo Hospitals, etc.

The average salary of General Surgeons

In Foreign Currencies 

In INR

Canada

CAD 3,65,000

INR 2,23,45,400

UK

GBP 2,25,000

INR 2,37,50,830

France

EUR 2,15,000

INR 1,93,99,410

USA

USD 4,25,000

INR 3,52,27,890

Australia

AUD 2,15,000

INR 1,16,92,200

India

-

INR 35,00,000

Also, Read: Top 10 MBA Streams in the World

 

Psychiatrist

A psychiatrist is a medical expert specialising in mental health, examining, diagnosing, and treating emotional, behavioural, and cognitive disorders. To enhance mental health and well-being, they use tests to detect problems and design treatment programs that may include counselling and medication.

  • Process: Begin with a bachelor's degree in a science-related subject, then attend four years of medical school. After completing your medical degree, you will undergo a four-year psychiatric residency program for practical experience. Obtaining a state license is also required.

  • Experience required: 10-12 years

  • Skills required: This position requires excellent attention to detail, good communication skills, strong listening skills, a commitment to confidentially maintaining patient records, empathy toward the patient, and a strong knowledge of core therapeutic practices and treatment. 

  • Top companies: include general medical and surgical hospitals, the US Department of Veterans Affairs, psychiatric and addiction hospitals, Kaiser Permanente, and outpatient care centres.

The average salary of  Psychiatrist

In Foreign Currencies 

In INR

Canada

CAD 3,15,000

INR 1,92,84,390

UK

GBP 2,25,000

INR  2,37,50,830

France

EUR 1,60,000

INR 1,44,36,770

USA

USD 2,45,000

INR 2,03,07,840

Australia

AUD 2,75,000

INR 1,49,55,140

India

-

INR 27,00,000

Data Scientists

Due to the current global recession, the demand for data scientists has increased dramatically, propelling them into the top five highest-paying occupations worldwide. Data scientists help corporations make critical financial decisions by analysing market patterns and years of reports.

 

There will be 11 million (roughly) data science jobs by the end of 2026. According to Nasscom, there were 2,720 data science positions in India in 2018, with over 16,500 opportunities expected by 2025.

  • Process: A bachelor's degree in data science, statistics, or computer science is typical, although not usually required. You may improve your skills through online classes, boot camps, or self-directed study. 
    Python, R, SQL, data processing, visualisation, and statistical analysis are all essential programming abilities. Internships, personal projects, and participation in online data science forums all provide opportunities for hands-on learning.

  • Experience required: 1-5 years

  • Skills required: Strong Knowledge of data decluttering, Re-structuring and Organising Tools, Data Interpretation, Knowledge of Different programming languages such as Python, MySQL, Pandas, Numpy, etc., knowledge of Machine Learning, Big data, and Deep Learning, Decision-Making Skills, Data Interpretation, and Good Communication Skills.

  • Top companies: Accenture, Google, Cloudera, Walmart, Deloitte and many more.

The average salary of Data Scientists

In Foreign Currencies 

In INR

Canada

CAD 1,05,000

INR 64,28,130

UK

GBP 75,000

INR 79,16,940

France

EUR 75,000

INR 67,67,240

USA

USD 2,05,000

INR 2,07,22,290

Australia

AUD 1,75,000

INR 95,16,910

India

-

INR 13-18 L

Software Engineer/Architect

Software engineers are essential in building software that powers our daily activities. They create and code, whereas architects design the foundation and functioning of software. 

Their technical capabilities and strategic insight enable them to command attractive pay. Further, their contributions significantly impact the effectiveness of programs, websites, and systems, demonstrating the importance of their skills in today's technology-driven society.

  • Process: A successful software engineer or architect career requires academic competence and practical experience. A degree in bachelor's computer science or a similar discipline gives you a good foundation in programming languages like Python or Java, data structures, algorithms, and software development processes like Agile or Waterfall. 

  • Experience required: 1-5 years

  • Skills required: Technical proficiency in programming languages like Java and Python, data structures, algorithms, and software development methodologies, effective communication, problem-solving, teamwork, and critical thinking.

  • Top companies: Oracle, Amazon, Tata Consultancy Services (TCS), Bosch Group and various others.

The average salary of Software Engineer/Architect

In Foreign Currencies 

In INR

Canada

CAD 1,50,000

INR 1,24,94,554

UK

GBP 85,000

INR 89,48,018

France

EUR 65,000

INR 58,74,253

USA

USD 1,75,000

INR 1,45,76,980

Australia

AUD 1,55,000

INR 1,29,11,039

India

-

INR 25-30 L

Also, Read: Best Countries in the World to Study MBA  

Highest salary jobs in Canada, the US, and the UK

The following are the highest-paying careers in nations among students. While most of these positions demand bachelor's and master's degrees, some do not. You should be clear about what you want to pursue for this. You can get the help of experts in that field or research it online regarding the course. In this section, let us look at which jobs are most popular in Canada, the United States, and the United Kingdom.

 

Highest paying jobs in Canada

Below is the table that shows the highest salaries in Canada.

Occupation

In CAD

In INR

Surgeons

CAD 3,55,000

INR 2,17,33,200

Anesthesiologists

CAD 2,25,000 - 3,50,000

INR 1,37,74,560 - 2,14,27,010

Orthodontists

CAD 2,50,000 - 3,50,000

INR 1,37,74,560 - 2,14,27,010

Psychiatrists

CAD 3,15,000

INR 1,92,84,390

Cardiologists

CAD 3,15,000

INR 1,92,84,390

Highest paying jobs in the US

Below is the table that shows the highest salaries in the US.

Occupation

In USD 

In INR

Surgeons

USD 4,20,000

INR 3,48,13,440

Anesthesiologists

USD 2,60,000

INR 2,15,51,180

Chief Executive Officer (CEO)

USD 1,90,000 - 3,50,000

INR 1,57,48,938 - 2,90,11,200

Psychiatrists

USD 2,45,000

INR 2,03,07,840

Data Scientist

USD 1,32,500

INR 1,09,82,810

Highest paying jobs in the UK

Below is the table that shows the highest salaries in the UK.

Occupation

In GBP

In INR

Chief Executive Officer (CEO)

GBP 3,20,000

INR 3,37,78,960

Director of Information Technology

GBP 1,20,000

INR 1,26,67,110

OrthodontistsSpecialist Medical Practitioners (e.g., Anesthesiologists, Surgeons)

GBP 1,12,000

INR 1,18,22,640

Director of Sales & Marketing

GBP 92,015

INR 97,13,030

Public Relations & Communications Director

GBP 70,000

INR 73,89,150

Also, Read: Top 10 Toughest Exams in the World

How to get the highest salary jobs?

The highest paying jobs in the world might not be achievable every time, but this should not let you divert you from your path.  However, the highest paying jobs in the world depend on various factors such as the industry you choose to work in, your skills and most importantly, your educational background. 

 

The following tips can help you improve your chances of securing a profitable and satisfying career:

  • Stay Updated: To remain in the race for the highest paying jobs in this competitive and ever-changing employment market, continue improving your skills and learning.

  • Use Online Resources: You can use professional platforms to demonstrate your skills and talents.

  • Focus on In-Demand Skills: in an ever-evolving career path, it is essential to have proper skills if you are looking for the most paid jobs in the world career opportunities. Artificial intelligence, technology, and health care are among the research disciplines in solid demand and most anticipated job development.
    Develop skills that apply in various areas with a focus on specialisation in data analysis, coding, healthcare, cyber security and renewable energy engineering.

  • Connect with professionals: Use your online forums and present network or professional networking events to establish links with individuals in your targeted industry. Look for those mentors who can help you, gain knowledge from them and seek their guidance.

Expertise Required for Highest Paying Jobs

Although the nature of employment is constantly changing, some skills are in high demand and can help you find a well-paying job. Here's an overview of the two main areas to consider:

 

Soft Skills

  • Communication: Explaining concepts is essential in any profession. This requires possessing strong verbal and written communication skills, as well as careful listening.

  • Critical Thinking and Problem-Solving: Employers value employees who can approach challenges creatively and analytically to develop answers.

  • Collaboration and Teamwork: Collaborative skills are essential in today's professional setting. These skills primarily include interpersonal, leadership, and teamwork talents.

  • Adaptability and Lifelong Learning: Long-term success in the ever-changing business world necessitates adaptation and a willingness to learn new skills.

 

Technical Proficiency

  • Science and Data Analysis: The ability to collect, analyse, and evaluate data is critical in many areas. This involves skills in data visualisation, Python programming, and statistics.

  • Software Development: Software engineers are highly sought after for developing complicated systems, websites, and apps. Concentrate on mastering programming languages like C++, Python, or Java and keeping up with developing technologies like cloud computing.

  • Artificial Intelligence: Artificial intelligence (AI) is revolutionising various industries. It is beneficial to know about AI and machine learning concepts.

 

Also, Read: Top 10 Universities in Canada

Conclusion

To conclude, these are only a few examples; there are many other highest paying jobs, and six-figure salaries require rigorous education and training. Even if the job you want is not one of the top-paid occupations in the world, choose one that suits and fascinates you so that you may outperform your competitors.

 

If you want to know more about the best 10 high paying jobs in the world, we encourage you to speak with our team of expert counsellors at Meridean Overseas Education Consultants (MOEC). Our counsellors will provide you with guidance throughout your study abroad. Get help with the application process, SOPs, and filing for a visa. Visit us and get one-to-one counselling, or avail yourself of free video counselling via our website. We will be happy to help you, so please do not hesitate to contact us at application02@meridean.org or 1800-1230-00011.

FAQs

1. Which job gets the highest salary in the world?

Executive jobs are usually the highest-paid jobs in the world. Healthcare professionals and sustainable technology scientists also get paid the most.

 

2. Which career will have more opportunities in the future?

Environmental scientists and AI & ML engineers will have a high scope in the future. The latter is a promising career because it can be integrated into critical fields. It is an umbrella career that allows one to work in any field, such as medical, technology, or business management.

 

3. What is the highest-paying job in the world?

CEOs are paid the highest salaries worldwide, regardless of the company’s size and location, because they responsibly manage their corporate affairs and resources.

 

4. What is the process of becoming a General surgeon, and how much do they get paid?

To become a general surgeon, you must get a bachelor's degree in a science-related field, followed by medical school, and understand human anatomy and physiology deeply. The salary varies according to different countries: in Canada, it is CAD—3,65,000; in the UK: GBP—2,25,000; in France: EUR—2,15,000; in India: INR—35,00,000, and so on.

 

5. How do you consider a good salary?

Determining what constitutes a good salary depends on various factors, such as the cost of living in a particular area, the industry in which one is employed, and the individual’s level of experience and education. In general, a decent wage enables a person to save money for the future, meet their fundamental requirements, and indulge in occasional luxury spending.

 

6. Which country pays the highest salary?

The country that pays the highest salary varies depending on the industry and profession. Generally, countries with a high cost of living tend to offer higher wages to their workers. According to recent data, the countries with the highest average salaries include Switzerland, the United States, Norway, Australia, Denmark, and Germany.

 

7. Do these highest paying jobs require skills or experience?

Yes, high-paying jobs generally require specific skills and experience. For example, jobs in the medical field, such as surgeons, anesthesiologists, and orthodontists, require extensive education, training, and experience. Similarly, jobs in the technology industry, such as software engineers, data scientists, and cyber-security analysts, require specialised skills and knowledge.

 

8. Why is it essential to have teamwork as a skill?

Teamwork is a crucial skill for success in many areas of life. It allows people to collaborate productively to accomplish a shared objective. It helps individuals develop communication, leadership, and problem-solving skills, which are valuable in many different contexts, including the workplace, sports, and community organisations.

 

9. Which career is most in demand?

The most in-demand careers globally include software development, healthcare, data analysis, renewable energy, and cybersecurity. Jobs in artificial intelligence, machine learning, and robotics are also rising. Understanding current employment trends is crucial for making well-informed career decisions.

 

10. Which careers pay the most for girls?

There are several high-paying job opportunities for women in India. Some of the highest paying jobs include corporate lawyer, investment banker, software engineer, chartered accountant, data scientist, management consultant, architect, petroleum engineer, medical professional, and pilot.

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