Wondering what job will be in demand in the next 10 years? Well, many remarkable careers can give you the financial stability and peace of mind you’re looking for while being one of the highest paying jobs in the future.
In this post, you’ll discover some of the fastest-growing and highest paying careers in demand for the future.
Data Scientist:
The projected growth rate between 2019 and 2029: 31% (much faster than average)
Data scientists create the frameworks that allow companies to collect, organize, and analyze data—and then leverage that data to make better decisions for their business. Depending on business needs, the job can include everything from running data experiments, implementing statistical models and algorithms, developing data products, and optimizing frameworks to increase efficacy and drive better business outcomes.
Data science is a highly technical, data-heavy role—and, as such, a bachelor’s degree in computer science, engineering, statistics, math, engineering, or a related field is typically a job requirement (and many companies prefer their data scientists hold an advanced degree).
Information Security Analyst:
The projected growth rate between 2019 and 2029: 31% (much faster than average)
Information security analysts are responsible for keeping a company’s information safe and secure—a top priority for most companies at a time when so much sensitive information is shared and stored digitally. Information security analysts are responsible for everything from researching and testing security solutions, evaluating a company’s current digital security processes, identifying and fixing vulnerabilities, managing security threats or breaches, and developing and implementing security solutions and technologies (such as by overseeing the installation of firewalls and the use of data encryption).
Information security analysts need to know the ins and outs of all things cybersecurity and typically hold a bachelor’s degree (or higher!) in a technology-related field, such as computer science. This is why Information Security Analyst will deservingly be one of the highest paying jobs in the future.
Software Developer:
The projected growth rate between 2019 and 2029: 22% (much faster than average)
Software developers (also known as software engineers) design, code, test, and develop software, whether that’s an enterprise software solution serving a giant corporation or a consumer-facing mobile app used by individuals.
The most important thing you’ll need to succeed as a software developer is coding skills. So, whether you learn to code through a degree program, a coding boot camp, or by teaching yourself, for most gigs, it doesn’t really matter; as long as you have the skills—and can prove it during a technical interview—you should be able to land a job.
Actuary:
The projected growth rate between 2019 and 2029: 18% (much faster than average)
Actuaries typically work for insurance companies and are responsible for evaluating risk. Actuaries use math, data, and statistics to determine whether their employer should issue a policy to a potential customer—whether that’s an individual or a business—and, if they determine a policy should be issued, what the premium should be. Actuaries make evaluations regarding health, life, automobile, homeowners, medical malpractice, and workers’ compensation insurance, as well as retirement benefits and other investments.
A degree in actuarial science (which focuses on using math and statistical modeling to assess risk) or a related field (such as math or statistics) is a must. Plus, actuaries need to pass a series of rigorous exams over several years to be certified to do the job by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA).
Information Systems (IS) Manager:
The projected growth rate between 2019 and 2029: 10% (much faster than average)
Information systems managers (also known as IS managers) are responsible for designing and managing the information systems within an organization. They typically hold a senior-level role within a company’s information technology (IT) department and are tasked with evaluating a company’s current technology, staying up-to-date on available upgrades and best practices, developing an information systems strategy or plan, making recommendations on everything from hardware to software to security, and overseeing a team to implement their plans and recommendations. So for instance, an IS manager might weigh the costs and benefits of a new piece of software, pitch their recommendation to
executives or other decision-makers, get it installed efficiently across the organization and oversee maintenance and security for it going forward.
IT managers need a deep understanding of information systems and, as such, they typically hold at least a bachelor’s degree in a tech-related field (like computer science or information technology).
Database Administrator:
The projected growth rate between 2019 and 2029: 10% (much faster than average)
Database administrators are responsible for maintaining a company’s database systems and ensuring that the information stored on them is easily, quickly, and securely accessible. Depending on the database, this may include optimizing data collection, storage, and organization; backing up systems; identifying problems or inconsistencies within the database and developing solutions; creating new
databases and transferring data into them; overseeing user permissions; and designing and implementing security measures.
Understanding databases, how they work, and how to manage and optimize them is a must for database administrators—so most database administrators have a bachelor’s degree in information technology, computer science, or a related field.
Technical Writer:
With a projected growth rate between 2019 and 2029: 7% (faster than average), Technical Writing is going to be one of the highest paying jobs in the future.
Technical writers take complex technical ideas and translate them into language people can easily read and understand—whether that’s in the form of journal articles, educational materials, video scripts, tutorials, instruction manuals, or FAQ pages. That means they need to interact with the people designing and creating the relevant products or equipment, for example, in order to understand the ins and outs of what they’re writing about and determine what kind of documentation is necessary. Their audience might be colleagues within their own organization, clients, customers, or the general public.
Technical writers often hold degrees in English, communications, or a related field. In order to succeed as a technical writer, you’ll also need a deep understanding of computer science, engineering, medicine, or whichever specific technical field you’re writing about (in some cases, that might come in the form of a degree or prior work experience in that field).
Marketing Manager:
The projected growth rate between 2019 and 2029: 6% (faster than average)
Most marketing managers have a degree in marketing or a related field. They are in line to have one of the highest paying jobs in the future. At a smaller company, you might be a generalist who’s expected to handle several or all aspects of marketing while working on a tiny team or even solo. But many mid-sized and larger companies looking to hire specialized marketers—so the more skills you can gain in a specific area of marketing, the more likely you’ll be to land a high-paying opportunity.
Now that you’ve got a list of careers in demand for the future, you can use it to narrow your research. Please don’t assume that you’ll walk right into one of the highest paying jobs in the future without experience. Ultimately, it’s the company that will decide what they’re willing to pay you. Anyhow, this list should help you with your career decisions or figuring out what to study at university.
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