If you’re at the stage where you need to decide your academic and career choices, money is obviously a major concern. While there are thousands of options out there, not all of them are well-paying and can leave you stuck in academic debt for your whole life. You should make your education and career choices according to a plan which makes you debt-free as soon as you can and also lets you invest in assets before it gets too late.
There are some jobs which pay quite high, as compared to others. Most of these require extensive studying and skills, so you need to make an effort. You might have seen those shows on your Charter Spectrum cable network where people make millions with jobs like renovating houses. They are evidence of the fact that you can truly make impressive amounts of money with unique ideas. However, if you’re more inclined towards doing salaries jobs, these are some of the highest paying options in the market.
Investment Bankers
Investment bankers basically act as financial advisors for their clients and help them raise money. They do this using methods like issuing stocks, negotiating acquisitions, floating bonds, or selling the company itself. Due to the high stakes involved, even the starting pays are quite high.
However, you need a certain level of expertise, education, and grooming to land a cushy investment banking job. High-level executives get paid over $10m per year, so it is a career worth looking into.
Commercial Pilots
The aviation industry can be quite lucrative, especially if you work for international airlines. While the initial training can be expensive, you can make up for it easily with your flights. Even though the job comes with a lot of hard work and skill, you get paid to travel all over the world.
In addition, pilots are usually paid by flight hours, with a minimum pay set in any case. Therefore, even if your flight frequency is low, you stand to make a decent amount of money.
Anesthesiologists
While most medical professionals make quite a lot of money, anesthesiologists really stand out when it comes to payment in relation to work. If you specialize in this field, you can make over $300,000 per year. This makes it one of the highest-paid medical specializations, with in-depth knowledge and constant learning.
Orthodontists
While you may have complained about high orthodontist fees when getting your braces fitted, imagine if you were on the other end. Orthodontists are famously well-paid, as a lot of their work is cosmetic, and people pay well for such procedures. They can get over $250,000 per year, which is a pretty decent amount.
Petroleum Engineers
Petroleum engineering is another high-skill, high-pay field you should look into. It is also the perfect job for you if you have a bit of an adventurous spirit and want to experience extreme temperatures. Furthermore, you are often deputed to sites for only a few months at a time, and are free for the rest of the year. This is because the fieldwork is quite intense, meaning that its average salary of over $150,000 is worth it.
Information Systems Managers
Every company needs top-notch information systems managers these days. This is because everything is now online, and computer setups are necessary for all workplaces. Therefore, information systems management is quite a valuable job, especially if you freelance as a consultant for multiple places.
Physical Therapists
Physical therapists are not medical professionals, so do not have those strenuous and expensive education journeys. However, it is still a highly skilled job, so you’ll have to train intensively. You need to be properly certified to become a physical therapy practitioner, and can earn up to $100,000 per year in some states.
Event Planners
This is less of a job and more of a business. Event planning involves a lot of elements you need to put together, and you need proper licensing as well in many cases. It is quite an intensive job with tight deadlines and lots of factors, so it is a high-effort, high-pay career. Your earnings in this field depend on your skills and experience, and can go quite high, especially if you end up planning events for celebrities or major organizations.
In conclusion, there are numerous well-paid career choices you can pursue. Just consider where your inclinations and talents lie, and choose accordingly.
