Top 10 highest paying jobs in 2020
Choosing the perfect career can seem like a daunting task. Your skills, interests, and potential salary are some of the most important factors you should consider. So, if you have to choose, why not pick one of the highest paying jobs that you’re good at?
When deciding upon a career, international students consider multiple factors, such as their preferences, personal and professional goals, strengths and weaknesses, and more. And although the median salary isn’t the perfect metric, it provides a fair idea of how much their chosen field is valued across the world. In this article, we have evaluated the top highest paying jobs in 2020.
(Note: All the salary statistics mentioned below are derived from LinkedIn salary insights. All figures mentioned in USD.)
Specializing in the field of surgery is a challenging, gratifying, and monumental venture. However, this demanding job certainly pays off. In the United States, a general surgeon can earn around $3,75,000 per year. Similarly, Canadian general surgeons make around $3,50,000 a year. In Europe, general surgeons aren’t paid as much and get approximately $1,01,153 in the United Kingdom. Of course, if you manage to specialize in a certain field of surgery, the prospect of earning more money is higher.
Dentistry is the second profession on this list of highest paying jobs as they make around $1,73,000 annually in the United States. In the UK, they earn $75,634 on an average. Furthermore, Canadian dentists can expect to earn as much as $78,281 a year. Therefore, while dental school is expensive, it is one of the degrees that help make the most money.
3) Engineering manager
Engineering managers are responsible for the management, supervision, and development of a multitude of organization projects. Choosing a STEM field like this one in college can increase your chances of landing a high-paying job. Engineering managers earn $1,33,000 in the US, $73,062 in Canada, and $91,165 in the UK. Some Canadian engineering managers make more than $190,000 per annum.
4) IT systems manager
As we flourish in the golden age of technology, it’s no wonder that IT system managers have excellent prospects for making big bucks. In the US, IT system managers can expect to earn $93,000, whereas Canadian IT managers make up to $67,615 every year. In the UK, their salaries run at an average of $54,807. And this figure will only increase with time.
5) Corporate lawyer
The profession of corporate law is one of the top careers that pay well and primarily deal with counseling clients and handling various business transactions. As a successful corporate lawyer, you can get as much as $1,30,000 in the US. However, corporate lawyers in Canada earn a relatively lower salary and get $89,646 USD a year. In the UK, corporate lawyers make $1,04,365.
6) Marketing manager
Nowadays, the success of a company depends on how well they market their products and services. Needless to say, the demand for marketing managers is high. They work on the development and implementation of marketing plans for their organization. On average, marketing managers earn quite a lot. In the USA, the median salary is $78,000, $52,186 in the UK, and $53,173 Canada.
7) Airline captain
Experienced airline captains are highly sought-after by leading airline companies in the US and UK. These professionals can earn as much as $1,61,000 in the US and around $64,567 in Canada. In the UK, these airline captains can earn a whopping $1,40,919 per annum. However, these figures may vary, according to different airlines.
8) Senior data scientist
Senior data scientists make data-driven solutions possible and are highly sought-after in the corporate world. They provide advanced expertise in business development and is one of the highest paying jobs in the world. These professionals can expect to make $1,05,000 a year in the US, $54,782 in the UK. In Canada, data scientists can get around $62,502. More and more in demand by the day, data scientists will soon make it to the top of this list of highest paying jobs in 2020.
9) Software engineer
The field of software engineering offers plenty of opportunities for you to make a decent salary. A skilled senior software engineer can earn $94,000 in the USA and $46,956 in the UK. Senior software engineers in Canada can make $56,965 per year.
10) Investment analyst
According to LinkedIn insights, investment analysts in the US earn about $70,000 a year. On the other hand, investment bankers in the UK and Canada make up to $52,158 and $53,141, respectively. These figures are associated with some of the banking firms in these countries and do not represent the greater majority.
Choosing a career can be one of the most crucial yet challenging decisions for a student. And we hope this list of highest paid jobs in 2020 helped.
If you’re still unsure, don’t worry about making this decision alone. We at iSchoolConnect help students choose the right career, using AI and human expertise. So, if you have any questions about the career path that will best suit your needs and goals, feel free to contact us.
We regularly publish helpful new blogs about topics such as How to apply for a student loan, Best part-time jobs for students, Most affordable countries to study abroad, and so many more! Check out all these blogs and more to get answers to all your study abroad questions.