When it comes to choosing a career, money is often a significant consideration. While job satisfaction and work-life balance are essential, we all want to earn a good living. In this article, we'll explore the top five high-earning careers that are worth considering to ensure a well-paying future.
1. Surgeons
One of the highest paying jobs in the medical field is a surgeon. They earn an average salary of $409,665 per year. Surgeons work on patients' bodies to treat injuries or illnesses and sometimes perform surgical procedures. They require extensive education and training, with a medical degree plus additional residency and fellowship programs.
2. IT Managers
Information Technology (IT) Managers oversee the technology infrastructure of a company. IT managers are responsible for choosing the technology that employees within the organization use. As technology continues to advance, this field is rapidly expanding and offers great job security. The average salary for IT Managers is $141,000 per year.
3. Investment Bankers
Investment Bankers assist companies with raising capital through public and private offerings. This career requires a bachelor’s degree in finance, economics, or accounting and a Master's degree in business administration (MBA). Investment bankers earn an average salary of $105,000 per year, with bonuses that can reach up to 100% of the base salary.
4. Petroleum Engineers
Petroleum Engineers are responsible for developing and designing new methods of extracting oil and gas from the earth. With a degree in Petroleum Engineering, one can earn an average salary of $137,720 per year. The job outlook for Petroleum Engineers is also high, with 3,500 job openings expected in the next ten years.
5. Lawyers
Lawyers have been among the highest-paid professionals for years. Lawyers receive an average salary of $122,960, with the most experienced professionals earning more than $200,000 per year. Lawyers represent clients in legal matters and also provide legal advice and guidance. This field often requires a law degree and specific state licensure.