Highest Paying Jobs Abroad - Check Jobs in US, UK, Canada, Australia, Germany

Highest Paying Jobs Abroad: In recent years, we have been witnessing an upward trend in the migration of Indian youths to study, work and settle abroad. The reason behind this mass immigration is the high quality of education, better job prospects and high-paying jobs abroad.

According to the figures estimated by the Ministry of External Affairs 2022, approximately 1.5 million Indian students are studying abroad. Looking at the massive figures, you can easily understand that foreign countries are providing greener pastures for students. Therefore, choosing the right career is one of the ways to ensure a successful job opportunity. Besides, the country where you are seeking employment is equally important. 

In this article, we will walk you through the courses and countries that allow you to earn a good salary package and fulfil your dreams of a fruitful career.

Top 5 Courses with Highest Salaries

Pursuing dreams and knowledge must be a priority for every student, however, you should also consider the top courses that provide high salaries after graduation. While studying a course, you should always focus on developing your knowledge and skills that will make you highly employable in the market. 

Here are the top courses which offer you a handsome salary upon completing the degree:

Computer Engineering

Computer engineering is a discipline that integrates computer science with electrical engineering. These disciplines are combined to design and develop several software programs 

and technological devices that are used in everyday life. The duties of computer engineers include researching, designing, developing, and testing all aspects of computer systems. The industries where they can get jobs to include software, telecommunications, automotive, high-tech manufacturing, healthcare etc. The common job roles are computer hardware engineer, software developer, computer network architect, computer and information systems manager, and many others.

Electrical Engineering

The electrical engineering course also focuses on electric power systems, smart grid approaches, power transmission and distribution, power system planning, electricity market, renewable power generation etc. It is an interdisciplinary subject to learn about the working of devices and systems. Critical, technical and analytical skills are necessary for the course. The popular job profiles for electrical engineers are broadcast engineer, system analyst, network engineer, control and instrumentation engineer and CAD technician.

Actuarial Science

A course in actuarial science is consistently rated as one of the top courses to study abroad. It opens doors to sectors such as finance, insurance and risk management. Through this course, you gain a strong foundation for the understanding of actuarial theory and analysis. Also, you get to learn the nature and functioning of financial markets and institutions. Students also develop skills in time management and teamwork. project work and communication.

Our study abroad experts have helped students select courses that pay high salaries upon graduation. 

Aerospace Engineering

As an aerospace engineer, you get the scope to get involved in research, design, development, maintenance and testing of the performance of civil and military aircraft, missiles, satellites, space vehicles and weapon systems. The skills required to pursue this course include maths knowledge, design skills and knowledge, analytical thinking skills, knowledge of physics and different computer software. They gather knowledge about structural strength to optimise aerodynamics and fuel economy and studying aerospace engineering abroad helps you to work on your mechanical projects.

Business Administration

Business administration helps build skills in finance, financial reporting and control, leadership and organisational behaviour, marketing, technology and operations management. It also builds knowledge of business, government and the international economy. After a degree in business administration, you can work as a human recruiter, supply chain manager, business analyst and more.

Stay Back Period in Countries Paying Highest Salaries

Most countries are providing long stay-back periods to international students to work and gain experience in the country. In layman’s terms, stay back period is the time period for which an international student is allowed to stay in a country after completing their studies and finding suitable work opportunities. Once the stay-back period is over, they can extend their visas through different governmental schemes. 

Stay back plays an important role in increasing your Return on Investment (ROI) and helping to earn high salaries. Here is a list of countries that offer long stay back and high salaries to students.

As we now know the stay back period of the most popular study abroad destination, we will know in detail the highest paying jobs in these countries.

Highest Paying Jobs in USA

The labour market in the USA is ever expanding with a low unemployment rate of 3.7%. If you have obtained a degree in STEM courses, you will get a two-year extension on Optional Practical Training (OPT) that will allow you to stay back in USA for three years. This will increase the chances of gaining experience and high income. The average yearly salary in USA is USD 94,700 while the median salary range is USD 92,800.

Professional and business services and the healthcare and retail industry have seen a growth in employment in recent times. Also, the average growth rate projected for all jobs is 8% between 2020 and 2030, especially in the healthcare sector. Apart from health care professionals, corporate chief executives get the highest salaries. 

Subjects that pay well in the USA are medicine, aerospace, information technology, marketing, engineering and law. The highest paying jobs in USA are:

Highest Paying Jobs in UK

As per the reports of the International Monetary Fund (IMF), the UK is supposed to have a USD 3.38 trillion economy. With an employment rate of above 75%, the UK is a favourable place for you to get a high-paying job. The graduate route visa provides a wonderful opportunity to take part in the workforce after graduation.

According to the High Fliers Report 2022, the annual median starting salary of graduates is estimated to be GBP 32,000 in 2022. Accounting and professional service firms are supposed to be the largest recruiters in 2022.

The highest paying degrees in UK are business and administration, computer science, dentistry, economics and medicine. The average starting salary of these degrees is high along with high mid-career pay.

The job industries that pay a high salary in UK are science and technology, business and finance, healthcare, education and legal. While those who are at the senior executive level earn the highest salaries there are other highest paying jobs in UK:

Highest Paying Jobs in Canada

The Canadian job market is ever-expanding and its friendly immigration policies make the country desirable to stay back after completing your degree. The permanent residency scheme of the government is inviting 1.33 million immigrants to get a PR in Canada. The finance and medical fields are said to be delivering the highest salary packages in Canada. Apart from this, off-beat industries like Gaming and Cryptocurrency are among the fastest-growing industries in Canada for Indian graduates.

As per reports of Talent.com, the average entry-level salary in Canada is CAD 52,000 per year. Alberta, Ontario and British Columbia offer the highest salaries.

The subjects that fetch high salaries in Canada are medicine, dentistry, accounting, law and business administration. While medical jobs fetch among the highest salaries, there are other finance and engineering jobs with good salary packages. The highest paying jobs in Canada are:

Highest Paying Jobs in Australia

Australia has declared to extend Temporary Graduate Visa (subclass 485) by two years in areas of skill shortage. This vouches for the fact that the Australian government is favouring the international student body. So if you are planning to study in Australia, it is just the right time to get lucrative job opportunities with high salary packages.

Australia is also trying to maintain full employment and growing productivity, boosting job security and wages, and delivering a high-quality labour force through skills, training and migration. The top salaried job positions are in finance, engineering and medicine domains. Executive management positions are also among the highest-paid job roles in Australia. 

The job industries that are said to pay the highest salaries are Consulting and Strategy, Engineering, Resource, Mining, Energy and Healthcare. That being said, the highest paying jobs in Australia are: 

Highest Paying Jobs in Germany

Germany has the fourth largest economy and industrial base in the world. As of September 2022, the employment rate in Germany is 75.8% as per Federal Statistical Office. 

The country is famous for its automotive, chemicals and electronics sectors.

 In Germany, there is a significant demand for occupations such as doctors, nurses, engineers, life scientists, computer scientists, tax consultancy and others. The subjects that are high in demand are medicine, law and engineering.  The graduate employability rate is also impressive. The highest paying jobs in Germany are as follows:

It is easy to understand that medical jobs are in the highest demand in most countries. Following it in close heels is an engineering and executive job. If you want to pursue a career that will pay you a high salary, you should study the courses that can fetch you so. It is very important to take a wise and life-changing decision that will help to reach the pinnacle of success.

If you have doubts regarding the highest-paid jobs abroad or in any specific country, then write to us at abroad@collegedekho.com.