The world is growing dynamically and the growing economy in the minds of businessmen made it a hotbed for multiple new industries and expanding older professionals filling with advanced technologies and technologists. Nowadays, not just lawyers and doctors are getting paid with fancy salaries. There are a bunch of other fantastic career options which are paid higher than the traditional careers that are existing. Let’s have a look at some of the amazing career options that will see compelling growth in 2021 and few of them tend to remain beyond that.
1. Machine Learning Engineer
Artificial Intelligence made headlines a few days back when people started telling that Alexa is laughing unexpectedly. That’s not just a simple joke and there’s nothing funny in taking Machine Learning as a career. 9 out of 10 Americans use Machine learning and Artificial Intelligence in any form every day proves AI to be the best career choice. It is one of the highest-paid jobs worldwide. Two important things you should keep in mind before considering Machine Learning as an option.
- You don’t require research or academic background
- Mandatory experience in software engineering and data science.
Skills Required for Machine Learning Engineer
- Programming in Python/R
- Algorithms of Machine Learning
- Expertise in probability and statistics
- Data Modelling
Salary of Machine Learning Engineers
Freshers – 7 to 15 LPA
Mid-career/ Experienced Professionals – 10 to 27 LPA
5+ years of Experienced Professionals – 14 to 40 LPA
2. Blockchain Developer
Less than a decade, a few hundred people who were much interested in cryptocurrency cared for blockchain technology. But now, it has emerged as one of the significant opportunities for professionals to pursue a career. Every cryptocurrency is built on a Distributed Ledger Technology (DLT) and blockchain is one important component of it. So the one developed on the blockchain is called a blockchain developer. It is expected to grow exponentially in the future.
Skills required for Blockchain Developer
- Expertise in Data structure and Algorithms
- Knowledge on Cryptography
- Understanding Blockchain and its architecture
- Proficiency in handling large codebases
Salary of Blockchain Developers
Freshers – 6 to 15 LPA
Mid-career/ Experienced Professionals – 8 to 25 LPA
5+ years of Experienced Professionals – 10 to 30 LPA
3. Full-Stack Developer
Full-stack developers are experts who are intimate in both client end and server end programming developing on both front and back end. On the other hand, they develop web and handle database, servers, clients and system engineering works. As a full-stack developer, professionals get end-to-end solutions and hands-on training in every field which is highly required to reduce the lead time in top companies with a smart skill set and solution-oriented approach. It is recommended to be an expert in designing, prototype modelling of UI/UX design.
Skills Required for Full-Stack Developer
- Basic designing and prototype modelling
- Expertise in backend languages
- Knowledge of Web Architecture
Salary of Full-Stack Developers
Freshers – 5 to 8 LPA
Mid-career/ Experienced Professionals – 10 to 15 LPA
5+ years of Experienced Professionals – 14 to 23 LPA
4. Data Scientist
There are 2.5 quintillion bytes of data produced a day and the look who dive into it and come with pearl-like solutions for different problems is the real superhero. Big data analytics is one of the best career options to dive into the world of data as it is well-known that Data is the new Oil. “Data Scientist” will be one of the sexiest job titles in 2021 and beyond. It is also expected that there would be a 40% increase in demand for this career after 2021. It is the secret source that a company holds and one who nudges will be paid high in the market.
Skills Required for Data Scientist
- Expertise in Data Ingestion and Data Munging
- Data-driven problem-solving ability
- Advanced Machine Learning with Data Visualization
- Statistics and Probability
Salary of Data Scientists
Freshers – 5 to 7 LPA
Mid-career/ Experienced Professionals – 9 to 14 LPA
5+ years of Experienced Professionals – 12 to 20 LPA
5. Investment Banker
One of the most interesting and highest-paying jobs worldwide, investment bankers aid their clients to raise funds in the capital market, provide financial advice regarding the funds and grow their business financially. They help in choosing the best projects to invest in and calculate the returns from the best project.
Skills Required for Investment Banker
- Strong research and analytical thinking ability
- Proficiency in statistics and probability
- Entrepreneurial and networking skills
Salary of Investment Bankers
Freshers – 10 to 12 LPA
Mid-career/ Experienced Professionals – 10 to 20 LPA
5+ years of Experienced Professionals – 16 to 30 LPA
6. Management Consultant
Management consultants are business experts who help in elevating the overall performance of the entity thereby creating values and growing business. Most of the fortune 500 companies hire management consultants for collecting data on their industry insights and problems faced by the industry with a problem-solving capacity. You should start your management consultancy and attract your clients with your leadership abilities.
Skills required for Management Consultant
- Problem-solving ability with strategic planning
- Ability to cope up with pressure and challenges
- Creativity and innovation
Salary of Management Consultants
Freshers – 6 to 8 LPA
Mid-career/ Experienced Professionals – 9 to 13 LPA
5+ years of Experienced Professionals – 19 to 25 LPA
7. Digital Marketer
Just remember the last time you sat before a TV for hours. Most of you may not remember as we are engaged with mobile phones and people have shifted themselves to the internet. Companies used this opportunity to advertise their brands digitally shifting from traditional ads bringing them to your mobile phone screens. The Internet has limitless opportunities and so the careers in digital marketing are infinite.
Skills Required for Digital Marketer
- Data Analysis and SEO Ability
- Proficiency in Writing, Reading and Listening
- Social Media and CRM skills
Salary of Digital Marketers
Freshers – 5 to 7 LPA
Mid-career/ Experienced Professionals – 6 to 10 LPA
5+ years of Experienced Professionals – 10 to 15 LPA
These are some of the best careers to pursue in 2021 and beyond due to two main reasons – firstly, the career growth due to the boom in technology and secondly, the amazing pay scale. This helps you boost your career growth as well as financial stability. Moreover, these careers have a huge demand in the industry. The opportunity for good and high-paying jobs exists in every sector but all you have to do is to have a clear view of your goal and work upon it.