The job market keeps changing. Over the past two decades, the job market has been shifting towards technology in a big way. At the moment, it seems the following fields of technology—electricity, the Internet, and transportation—are making immense contributions to the job market. Today we are going to talk about the top 16 careers that can earn you loads of dollars.
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1. Mechanical Engineer
The average annual salary of a mechanical engineer is $93,000 and is continuously increasing. Mechanical engineers play vital roles in pharmaceuticals, aerospace, and nanotechnology fields. Qualified mechanical engineers can head the entire company. Mechanical engineering graduates are envisioned to play leading roles in innovation in agricultural, financial, and other sectors.
2. Realtor
Realtor can be another profession to make more money. People who are involved in the real estate business are basically called realtors. Skilled realtors can earn up to $100,000 annually. They are housing specialists and this profession never dies. People need a middleman to buy land or flats, otherwise, these decisions can never be taken alone. There is no need to look back if you can make a name for yourself in this sector. Mostly, realtors are awarded a certain percentage of the property if they succeed in the transaction.
To do well in such a sector, one needs to be friendly and know diplomatic affairs. Various laws related to housing, awareness of various economic and political news; all these things have to be known in this profession. The real estate business is becoming a lucrative profession day by day with the increase in property value.
As an example of one of the richest real estate agents in the world, Hui Yan's name will definitely come. He stands as one of the most affluent property barons in the world. At first, he used to start the business by buying buildings at a low price, but now from this particular business, he has earned about 30 billion dollars.
3. IT Specialist
There is no limit to the income for specialists in any sector. Because everything is moving towards technology nowadays, in the coming days the demand, acceptance, and income of IT specialists will all increase. Specialists can perform multiple duties there in any commercial organization, which needs web experts and system administrators. Most of the time, they don't do the work themselves; they help make decisions in tasks like programming and data processing. Their job is to make technical decisions.
4. Accountant
The other profession that gives a considerable rate every year is the accountant. Although this profession is an ancient one, still in the coming few years, the demand will increase greatly for the same. To do well in this field, a person must have the ability related to strategic decision-making. Accountants with advanced degrees are always ahead of the competition. That is why it is necessary to have good academic knowledge in this subject. Every company needs a good accountant to manage economic and financial affairs. Common responsibilities of an accountant include keeping financial and management records, looking after tax payment matters, and paying staff salaries and contract payments. At the same time, they can deal with problems like counterparties and audits as well as optimize business performance and procedures.
5. Bestseller
One can make huge money by being a writer. If you can make yourself popular amongst the readers and if they buy your book then you can generate good income through it. You can write novels or comic books.
But here you need to be a writer. But the entire process is not that simple. Writing books and approaching publishers are required. The entire process is very time-consuming. But then everything gets easier once you get popular.
6. Entrepreneur
Nothing is better than being an entrepreneur. Be your own boss there; all the money belongs to you only, even though at risk. If you can create a unique product or service in your field, the world will pay you for it. All the richest people in the world at this moment are entrepreneurs: Elon Musk, Bill Gates, and Jeff Bezos. All of them started with unique concepts and built their billion-dollar businesses.
7. The Inventor
The world is always in a process of progression and improvement, and this is where inventors play a very important role. There remains no doubt that one can get rich with unique concepts that work and also get accepted in the market.
But nowadays even if something revolutionary is created, it has to go through various legal processes. Like getting validation, patenting, building the concept, and finally selling it in the market. But once he succeeds, no one can stop him. Some of the inventors in the world are Cleo, Udvidia, Michele Pereiro and Mark Zuckerberg
8. Chief Executive
Meanwhile, to get the chief executive position of a company—CEO, CFO, CMO, CTO—one has to be the owner or entrepreneur of that company, but this is not the way. With one's abilities, talent, and intelligence, these positions can be reached. It definitely is possible to become a millionaire sitting in these places of any company but you have to be very talented and smart as well as hardworking. You can only be in these positions if you can get 100% of what the company wants from you.
Some of the most successful chief executives around the world include Sheryl Sandberg, Facebook's COO, Meg Whitman, and many others.
9. Day Trader
If you want to, you can become rich as a day trader. It requires dedication, a good internet line, and a computer. Basically, traders buy and sell stocks for really short periods. Traders basically buy stocks for a day and try to sell them at a profit. In this way, there is an opportunity to own many dollars at a time by selling shares. To do well in this sector, a person needs to have sufficient skills and a proper understanding of the ups and downs of the market. A person should have analytical knowledge to comprehend the trends and patterns in the market.
10. Game Developer
Currently, game development is a good career option with good earning resources. A game developer can earn $50,000 at entry labels, while seniors draw much more. The amount of money a developer can earn ranges from depending on the type of firm, location, project, and the position one is holding in the company to two and a half million dollars a year. Gaming development will only work if it is based on the preferences and tastes of the users. Many firms make games with millions of dollars and cannot sell them. While many companies earn millions of dollars with low-graphic games. For instance, the game Minecraft sold for more than 1.3 billion dollars in total, but we know how its graphics are.
11. Data Scientist
The Data Scientist job is tough and quite lucrative at the same time. Here your salary will depend on your skill level. If you have special skills then you can earn from 1 lakh to 1.5 lakh dollars a year. It is currently the second highest-paying job in America. Data scientists can work in a variety of industries. Their job is to develop algorithms through which huge amounts of data can be easily organized. From all that data it becomes easy to check performance and make decisions. The advantage of this job is that you can sit anywhere and work as you wish.
12. Orthodontist
An orthodontist is a dentist who straightens and beautifies teeth that are crooked, out of line, or overcrowded. They have experience in solving dental problems of this kind. Parallel to the examination of teeth jaws, they diagnose abnormalities and give the necessary advice to the client. They replace devices like braces, retainers, and bands for various dental problems.
An orthodontist may have an average annual income of two and a half lakhs. The demand for this profession is immense all over the world, and one can earn a lot from this profession. After all, no one can do this job without them.
Here also, earnings will depend on the location you are in, your experience, and how popular you are.
13. Full Stack Developer
Also, the base salary of a full-stack developer will be more than 1 lakh dollars per annum. Plus, there are numerous chances to develop web apps and generate income. Many businesses need developers for program development, internal tools, and automation. For all these problems companies can hire full-stack developers instead of hiring back and front-end teams. Because a full-stack developer has knowledge in every aspect.
14. F1 Engineer
The annual salary of an F1 engineer will start as a junior engineer at $40,000. But it will increase rapidly based on work, success, and sponsors. Here is the chance to earn 1 lakh dollars a year very easily. They predominantly work in a particular industry and employ hundreds of engineers, of whom some are software engineers and some mechanical engineers. They also have loads of benefits—like travel, insurance, and performance bonuses.
15. Risk Analytic
On average, a risk analyst earns $80,000 per annum. They are specialists in certain areas and are involved in the overall risk management strategy of the company. They study the data try to infer patterns and share this information with those who build strategy so that the company minimizes risk. The position of a risk analyst can be at any level of the company depending on his position in the company.
16. Freelancing
Freelancing is the game changer in the job sector. There is no limit for any type of income here. Unlimited income is possible here if you have some skills. Continuously, freelancers are earning thousands of dollars with the help of different marketplaces like Upwork, Fiverr, and Guru. Freelancers can earn more than five hundred thousand dollars a year if he has such good skills. Freelancing is such a profession where one can start working on any niche from the comfort of one's own home. How much effort you can put into the marketplace will depend on your success.
There are many other professions in this world to earn money, but if you follow the legal and upcoming trends, then these professions will come first. Considering the way new technologies are constantly coming, it would be smart to have faith in your career technology.