Are you interested in discovering the most lucrative professions and their average earnings?
If you are seeking to increase your income or are a beginner in the professional realm, this article is specifically tailored for you!
To assist you in determining the most lucrative careers, we have compiled a selection of the world’s highest paying professions.
Some professions may surprise you, as many of them are not typically known for their high earning potential.
The 20 Highest Paying Careers in the World
The following compilation of careers and figures has been sourced from various websites including Business Insider and Career Addict.
Here is a list of the top 20 highest paying professions globally:
20. Lawyer
Average Salary: $141,890
Lawyers are undoubtedly one of the most well-known and highest-paying professions globally.
To earn a lucrative income in this field, it is necessary to dedicate several years to studying, successfully clear multiple exams, and, without a doubt, pass the bar exam!
To excel in this role, you will be expected to effectively represent clients, prepare legal documentation, and dedicate substantial time to providing legal advice on transactions or strategies.
Despite requiring extensive hours and overtime, this occupation is renowned for its generous rewards, which can manifest as a lucrative salary, stock options, and bonuses, ultimately ensuring a comfortable financial status.
19. Marketing Manager
Average Salary: $145,620
Coming up next, we will be discussing Marketing Managers.
These individuals have the responsibility of strategizing, implementing, and delivering marketing policies and plans for companies.
The scope of this can vary in terms of form and extent, but typically, the emphasis will be more on the strategic aspect rather than the execution.
In addition to a competitive annual salary and benefits package, proficient marketing managers have the opportunity to earn commissions and bonuses tied to achieving sales targets or generating revenue.
Nevertheless, $145,620 serves as an average figure, implying that the actual amount can vary significantly based on one’s experience and prior achievements, until they demonstrate their value.
18. Podiatrist
Average Salary: $148,470
If you have an interest in feet or are simply curious about them, exploring a career as a Podiatrist might be worth considering.
Podiatrists focus on the diagnosis and treatment of foot-related problems, deformities, and diseases.
You can expect to encounter common foot conditions such as bunions, ingrown toenails, and fractures regularly in your day-to-day work.
If your aspiration is to become a Podiatrist, the first step would be to complete a bachelors degree, followed by approximately 4 years of study at a podiatry school.
Following that, you have the option to secure employment at an established practice or embark on starting your own.
Working for someone else can still offer a significant income of $148,470 per year, although it is clear that running your own practice would ultimately yield higher financial returns.
17. Petroleum Engineer
Average Salary: $154,780
If natural gases and oil pique your interest, then pursuing a career as a Petroleum Engineer might align with your passion.
These individuals specialize in devising techniques to improve the extraction and production of oil and gas.
Typically, the objective is achieved through the creation of innovative technologies that enable the extraction of these natural resources in a manner that ensures safety and environmental preservation.
Having a solid grasp of mathematics and science is highly advantageous for pursuing a career in engineering. Additionally, depending on your location, certain governments may provide financial assistance for your studies if you choose to enter this field of engineering.
16. IT Manager
Average Salary: $142,530
IT managers are accountable for safeguarding and fortifying a company’s IT infrastructure and networks against threats such as malware and hackers. They possess a comprehensive knowledge of computing in general, along with expertise in a specific area.
They will also be responsible for overseeing software and hardware upgrades, as well as resolving any technical problems in their daily tasks.
At the time of writing this article, IT Managers are generously compensated due to their high demand. The rapid pace of technological advancements and constant updates necessitate the expertise of proficient professionals who can efficiently oversee these processes and ensure seamless operations.
Typically, having a bachelor’s degree in computer science is a requirement for applicants interested in this position.
Nevertheless, experience holds significantly more weight, implying that it is entirely possible to achieve the position of an IT manager without possessing a degree, provided that you possess the necessary skills and can substantiate them.
15. Airline Pilot & Co-Pilot
Average Salary: $161,280
If you are afraid of flying, it is strongly advised not to pursue a career as a Pilot.
On the other hand, if you have a passion for flying or find it fascinating, pursuing a career as an airline pilot might be a perfect match for you.
This profession offers one of the most lucrative salaries globally and numerous additional benefits.
However, in order to earn a substantial income and enjoy various benefits, you will need to undergo rigorous training, physical examinations, and consistently stay updated with new tests and checkups.
However, should you successfully accomplish all of that, you will find yourself in a favorable position, earning an average salary of $161,280 and proudly identifying as an Airline Pilot whenever someone inquires about your profession!
Pretty cool, right?!
14. Nurse Anesthesiologist
Average Salary: $169,450
Nurse Anesthesiologists rank fourteenth, earning an annual average salary of $169,450.
The contribution of these professionals to the safety and well-being of patients in hospitals is significant.
Their responsibilities include administering anesthesia, supervising patients’ recovery, and monitoring their vital signs.
To pursue a career as an Anesthesiologist, you must initially undergo training as a registered nurse followed by the completion of a master’s degree from an accredited nurse anesthesia program.
If you enjoy assisting others and embrace the associated duties, then this option might be suitable for you.
13. Dentist
Average Salary: $174,110
Have you ever visited the dentist before?
And you’re aware that a quality one doesn’t come at a low cost, particularly when you’re caught off guard and faced with an unexpected procedure.
The combination of unexpected expenses and routine appointments can generate considerable income for the majority of dental practices.
However, achieving that level of expertise requires dedicating several years to studying, successfully passing numerous examinations, and diligently refining both your craft and reputation.
Dentists are in charge of the examination, diagnosis, and treatment of any dental and gum-related problems.
As long as you’re skilled and dependable, there will always be clients since everyone possesses teeth.
12. Pediatrician
Average Salary: $183,240
If you possess a strong passion for children and envision yourself caring for them every day, then becoming a Pediatrician might be the perfect fit for you.
As a pediatrician, your primary duties will involve the diagnosis, prevention, and treatment of illnesses and injuries in children. Additionally, you will be responsible for identifying any other physical, mental, or social health issues, and ensuring their utmost comfort.
Earning an annual salary of $183,240 while assisting children in their journey towards improvement sounds incredibly appealing to me!
11. Prosthodontist
Average Salary: $196,960
Prosthodontists specialize in creating oral prostheses that are used to replace missing teeth or correct other oral abnormalities, distinguishing them from dentists.
Due to their extensive work in cosmetic procedures, they are commonly known as “Dental Plastic Surgeons”.
If you find this career path intriguing, you will need to obtain either a Doctor of Dental Surgery (DDS) or a Doctor of Medicine (DMD) degree to become eligible for practice. Additionally, you must have a bachelor’s degree in order to meet the requirements for dental school admission.
After obtaining your qualifications and accumulating relevant experience, you have the potential to earn an average salary of $196,960.
10. Internist
Average Salary: $198,370
Identifying the source of bodily pain can pose a challenge at times, particularly when its origins are not readily apparent externally.
Internists are medical professionals who specialize in diagnosing and providing non-surgical treatment plans for internal injuries or diseases.
Their main focus is on treating acute illnesses such as diabetes, high blood pressure, and Alzheimer’s, without performing any surgeries.
A considerable number of Internists opt to specialize in a particular internal organ system, such as the digestive system, dedicating their entire energy to it.
9. CEO
Average Salary: $200,140
In order to secure a position as a Chief Operating Officer (CEO) at a company, it is crucial to possess extensive experience in managerial aspects of business operations and demonstrate strong leadership qualities.
As the leader, it is your responsibility to guide and steer the company towards its desired objectives. You are also accountable for formulating strategies and ensuring compliance with both company and government policies, rules, and regulations.
Becoming a CEO usually requires extensive years of relevant work experience and a demonstrated history of achievements.
8. General Practitioner (GP)
Average Salary: $208,560
Typically, a general practitioner (GP) serves as the primary point of contact for individuals experiencing pain or illness.
If you have any health-related issues, your GP will provide advice, diagnose, and treat them. Alternatively, they may suggest you consult a specific specialist based on your symptoms.
In order to become a general practitioner, it typically takes around seven to ten years of training and education.
If you have a desire to assist others and be the initial contact for individuals in times of illness, it is definitely a worthwhile endeavor.
7. Psychiatrist
Average Salary: $216,090
The career of a Psychiatrist holds the distinction of being the second highest paying profession globally.
Psychiatrists are professionals who identify and address mental disorders. They are compensated for attentively listening to patients’ concerns and identifying the underlying causes of their issues.
That is the gist of it, although it is significantly more elaborate and methodical.
If you find this intriguing, you must first finish your medical training and subsequently pursue specialization in Psychiatry.
However, it is evident that investing your time and effort in this endeavor could prove to be highly rewarding, considering the average salary of around $216,090.
6. Orthodontist
Average Salary: $228,500
On our list, the dental field’s third profession is number six, and it happens to be the highest paid among them all.
The duties of orthodontists include conducting examinations, making diagnoses, and correcting any dental irregularities associated with the alignment of the jaw and teeth.
Braces and retainers are utilized to correct misaligned smiles, align teeth properly, and adjust bite positions.
In order to attain the title of Orthodontist, one must first obtain a dental degree and subsequently enroll in and successfully complete a postgraduate Orthodontist program.
Just like other professions in dentistry, the effort you put in is greatly rewarded if you meet the qualifications.
5. Gynecologist
Average Salary: $235,240
Coming in fifth place is a specialized physician who focuses on providing medical care for pregnancy and childbirth. Additionally, they possess expertise in diagnosing, treating, and preventing diseases specifically related to women.
Gynecologists play a crucial role in supporting the health and well-being of women’s reproductive systems, with their responsibilities often varying significantly from day to day.
For instance, on one occasion, they may find themselves entrusted with the task of delivering a baby, while on the next day, their responsibilities might involve conducting laser surgery to eliminate HPV cells or simply conducting routine examinations.
4. Oral & Maxillofacial Surgeon
Average Salary: $243,500
Oral & Maxillofacial Surgeons distinguish themselves from regular dentists by specializing in surgical procedures targeting the face, mouth, and jaw. Their primary focus lies on manipulating both hard and soft tissues in these areas.
To pursue a profession in this domain, you must dedicate an extra four years of study following the completion of your dentistry degree.
However, considering the average salary is nearly $250,000, investing those additional four years could prove to be highly worthwhile.
Additionally, this profession not only enables you to financially benefit but also offers the opportunity to assist others, a feature not found in all the career options mentioned in our list.
3. Surgeon
Average Salary: $251,000
Pursuing a career as a surgeon is one of the most lucrative professions globally.
Their average annual salary is easily justified due to the fact that they are actively saving lives and enhancing the overall well-being of individuals.
Becoming a surgeon necessitates additional years of study after completing medical school, depending on the chosen specialization.
In order to become a professional surgeon, it is essential to choose a specific area of interest to specialize in and then complete the necessary educational and practical requirements.
The greater your expertise and the more unique your specialized area is, the higher your earning potential becomes.
Position one on the list will provide evidence of this.
2. Anesthesiologist
Average Salary: $265,000
Anesthesiologists are medical professionals who have the crucial responsibility of administering anesthesia before, during, or after surgical procedures.
In addition to their primary duties, they are also tasked with handling emergency situations, providing guidance on pain management, and conducting assessments in critical care units.
If pursuing a career as an Anesthesiologist appeals to you, you will be required to complete a 4-year anesthesiology residency program after obtaining a medical degree.
You may also be required to take an additional examination administered by the American Board of Anesthesiology (ABA).
After completing all of the aforementioned tasks, you can expect to earn an annual salary of approximately $265,000, taking into account your level of experience.
1. Neurosurgeon
Average Salary: $381,500
A Neurosurgeon is widely regarded as the most lucrative profession globally in terms of salary.
The individual in question is a skilled surgeon who has undergone extensive training in order to specialize in the diagnosis and surgical treatment of disorders affecting both the central and peripheral nervous system.
Neurosurgery stands as a highly demanding medical occupation, necessitating extensive training and education.
To illustrate, if you aspire to make a substantial income, you must successfully finish the standard eight-year doctoral training, followed by a one-year internship in general surgery, and approximately five to seven years in a neurosurgery program.
Additionally, if you desire to take your expertise to the next level, you have the option to pursue a fellowship that focuses on a specific field.
In addition to everything mentioned, it will be necessary for you to allocate time to stay informed about the latest advancements in neuroscience and actively participate in regular meetings, seminars, and conferences.
Summary
We trust that you found our compilation of the top 20 highest paying professions globally to be enjoyable.
These careers are highly lucrative, and certain ones offer even greater personal satisfaction than others.
Nevertheless, if you aspire to pursue one of these lucrative careers, it is important to consider that significant effort and perseverance will be required to reach that level of income.
Below is a brief summary of the top 20 highest paying professions globally.
- Neurosurgeon
- Anesthesiologist
- Surgeon
- Oral & Maxillofacial Surgeon
- Gynaecologist
- Orthodontist
- Psychiatrist
- General Practioner (GP)
- CEO
- Internist
- Prosthodontist
- Paediatrician
- Dentist
- Nurse Anaesthesiologist
- Airline Pilot & Co-Pilot
- IT Manager
- Petroleum Engineer
- Podiatrist
- Marketing Manager
- Lawyer
What’re your favourite highest paying careers in the world? Leave a comment below.