Is finance the highest paying?
According to the U.S. Bureau of Labor Statics (BLS), careers in finance pay a median salary of $76,850 — 66% higher than the median salary for all
- Chief Executive Officer (CEO)
- General Surgeon.
- Senior Software Engineer.
- Investment Banker.
- Data Scientist.
- IT Systems Manager.
- Corporate Lawyer.
- Project Manager.
Industries that typically have the highest-paying jobs include finance, technology, healthcare, and management consulting. These sectors often offer competitive salaries for senior-level positions due to the specialized skills and responsibilities involved.
A doctorate is the highest academic qualification attainable by a finance professional. Doctoral students can pursue either a doctor of business administration (D.B.A.) with a concentration in finance or a Ph. D. in finance.
- Lazard.
- Rothschild.
- Guggenheim.
- Bank of America.
- Citi.
- Goldman Sachs.
- JP Morgan.
- Morgan Stanley.
- Nurse Practitioner. #1 in 100 Best Jobs. ...
- Financial Manager. #2 in 100 Best Jobs. ...
- Software Developer. #3 in 100 Best Jobs. ...
- IT Manager. #4 in 100 Best Jobs. ...
- Physician Assistant. #5 in 100 Best Jobs. ...
- Medical and Health Services Manager. #6 in 100 Best Jobs. ...
- Information Security Analyst. #7 in 100 Best Jobs. ...
- Data Scientist.
The lowest-paying jobs, which pay $15 or less an hour, include fast food workers, restaurant servers and bartenders, child care workers, preschool teachers, hotel clerks, personal care and home health aides, grocery store cashiers, among others. (Currently, minimum wage in 20 states remains at $7.25 per hour.)
- Pilot. ...
- Actuary. ...
- Computer network architect. ...
- Air traffic controller. ...
- Petroleum engineer. ...
- Lawyer. ...
- Physicist. ...
- Computer and information systems manager.
- Radiologist. ...
- Chief executive officer (CEO) ...
- Chief financial officer (CFO) ...
- Principal software architect. ...
- Obstetrics and gynecology physician. ...
- Emergency medicine physician. ...
- Psychiatrist. ...
- Physician.
Hottest Job in US Pays $80,000 a Year, No College Degree Needed. Wind turbine technicians are in high demand, even with the recent cancellations of offshore projects.
How to make 200K with a finance degree?
- Director of Finance. New. ...
- Chief Financial Officer (CFO) New. ...
- Bookkeeper | Administrative Assistant/Accounting Assistant. New. ...
- Secretary/Bookkeeper. Remoteva.ph. ...
- High-Volume Dealership Finance Manager. ...
- Ask CoWorker AI to find jobs right for you. ...
- Chief Financial Officer. ...
- Vice President of Accounting.
Based on the data provided by the National Association of Colleges and Employers (NACE). In 2023, the median starting finance major salary was $61,456. On the other hand, the median starting accounting major salary was $53,444. The same can also be said of finance and accounting master's degrees.
While ZipRecruiter is seeing salaries as high as $133,726 and as low as $24,673, the majority of salaries within the Finance Degree jobs category currently range between $74,000 (25th percentile) to $107,600 (75th percentile) with top earners (90th percentile) making $133,232 annually in California.
There are a few sectors within finance where people with just a few years of experience can make mid six figures or even millions.
- Most stressful job in finance : Investment Banker (M&A or capital markets professional) ...
- Second most stressful job in finance : Trader. ...
- Third most stressful job in finance : Risk management & Compliance.
Finance degrees are generally considered to be challenging. In a program like this, students gain exposure to new concepts, from financial lingo to mathematical problems, so there can be a learning curve.
- Construction. ...
- Technology. ...
- Finance. ...
- Nonprofit. ...
- Restaurants + Food and beverage. ...
- Travel and Hospitality. ...
- Education.
Event Planner. Event planning is regarded as one of the happiest jobs because it offers the thrill of bringing people together to celebrate the most important moments in their lives. Event planners thrive on creativity, problem-solving, and the excitement of turning visions into reality.
- Veterinary assistant. ...
- Sales Representative. ...
- Administrative assistant. ...
- Delivery driver. ...
- Construction worker. ...
- Tax preparer. ...
- Property manager. ...
- Flight attendant. National average salary: $25.13 per hour Primary duties: Flight attendants are responsible for the safety of passengers and the flight crew.
- Groundskeeper. National average salary: $50,475 per year Primary duties: Groundskeepers work for various facilities as they maintain their health, appearance and safety. ...
- Accounting clerk. ...
- Librarian. ...
- Garbage truck driver. ...
- Massage therapist. ...
- Claims adjuster. ...
- Customer service representative. ...
- Chauffeur.
What is the hardest job in the world?
1. Pilot. Being a pilot is one of the toughest professions; in addition to always being on the go, airline pilots also must deal with weather delays, disgruntled or unruly passengers, and exposure to cosmic radiation.
Easiest Way To Make Million Dollar A Year Dream
The easiest way to make $1 million a year or more is as a public company non-founding CEO or senior executive. The compensation is outrageously high for what they do. CEOs have huge teams who do most of the work for them. A CEO is really just an ambassador of the firm.
Half of doctors in the US earn over $200,000 per year, and the mean is actually higher than finance and law. That said, the very highest-earning people are in finance and law. The top 1% in finance earn over $2m per year. Since finance makes up 0.9% of the workforce of 160 million, that's well over 10,000 people.
Doctors in the top 10 percent averaged $1.3 million. And those in the top 1 percent averaged an astounding $4 million, though most of that (85 percent) came from business income or capital gains.
Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.
References
- https://www.indeed.com/career-advice/finding-a-job/jobs-paying-over-300k
- https://www.careeraddict.com/5-most-difficult-jobs-in-the-world
- https://www.cnbc.com/2023/09/29/this-is-the-happiest-job-in-the-world-according-to-new-research.html
- https://money.usnews.com/careers/best-jobs/rankings/the-100-best-jobs
- https://training-you.fr/the-most-and-least-stressful-jobs-in-banking-and-finance/
- https://research.com/degrees/finance-degree-vs-accounting
- https://www.upgrad.com/blog/top-highest-paying-jobs-in-the-world/
- https://finance.yahoo.com/news/12-happiest-jobs-world-2024-131831610.html
- https://www.indeed.com/career-advice/finding-a-job/top-millionaire-jobs
- https://www.indeed.com/career-advice/finding-a-job/high-paying-unskilled-jobs
- https://www.bloomberg.com/news/articles/2023-12-07/the-hottest-job-in-the-us-is-fully-remote-wind-turbine-technician
- https://finance.yahoo.com/news/income-level-considered-rich-140003986.html
- https://www.indeed.com/q-Finance-&-Accounting-$200k-jobs.html
- https://northwest.education/insights/careers/highest-paying-job-industries-in-usa/
- https://www.forbes.com/sites/hollycorbett/2023/08/30/labor-day-2023-how-paying-a-living-wage-can-contribute-to-gdp-growth/
- https://www.careerprinciples.com/resources/top-10-highest-paying-investment-banks
- https://www.wgu.edu/blog/finance-degree-difficult2301.html
- https://www.financialsamurai.com/who-makes-a-million-dollars-a-year-exploring-the-top-0-1-income-earners/
- https://80000hours.org/articles/highest-paying-jobs/
- https://www.washingtonpost.com/business/2023/08/04/doctor-pay-shortage/
- https://www.indeed.com/career-advice/finding-a-job/simple-high-paying-jobs
- https://www.buysidehustle.com/how-much-do-people-in-finance-make-lets-just-say-millions/
- https://www.ziprecruiter.com/Salaries/Finance-Degree-Salary--in-California
- https://www.forbes.com/advisor/education/business-and-marketing/finance-degree-guide/