Benjamin Franklin said, “An investment in knowledge pays the best interest.” It is important that you make a wise investment in this regard. An investment in a degree that significantly increases your earning potential is critical to ensure a great future.
Some of the newly emerging fields with immense potential and that offer high salaries to young graduates are listed below.
Every industry requires a well equipped financial analyst who can manage, understand, and execute crucial financial decisions. A BBA degree or BMA degree that concentrates on financial services is beneficial for those seeking to enter top management companies and/or international banking sector. Analysts with a predisposition to cull out patterns from figures and huge pools of data are custom made for this course. Top institutions of the country offer this course, with placement records ranging from 10 to 15 lakhs per annum for freshers.
A fresh and burgeoning field, marketing combines creativity, management, technical know-how, and business acumen. According to a NASSCOM Startup Ecosystem Report 2015, India has seen nearly $5 billion investment in emerging startups in 2015, with about three to four startups being established every day. The fundamental outlook of these startups is a refreshing new approach to age-old problems. Hence, young, energetic graduates with novel ideas and enthusiasm to enhance prospective businesses are wanted everywhere. Great convincing talent also attracts great packages, starting from 7 to 9 lakhs per annum.
A film has the capacity to influence, instigate, and inspire people. It’s not just actors who are highly paid; a successful movie or TV show has a team of highly skilled and creative screenwriters, editors, directors, designers, and managers who earn up to 10 lakh annually. In India, where we are at a juncture where media consumption is at an all-time high; movies, documentaries, and TV series aptly reflect the realities of life and engage a lot of consumers. If you think you have a vision and a story to tell, film studies is what you must opt for.
It’s the age of mobile devices. Today, the average city resident is most likely to have access to the Internet and therefore, new applications and websites. People want to try new mobile applications and they are often topics of discussion in most social gatherings. With the rise in the number of mobile phones and tablets, the demand for mobile applications will increase. For aspiring app developers, this is good news.
Merchant Navy is an extremely lucrative field for those looking for a life full of adventure, travel, and exploration. People employed in merchant navy are hired by several companies dealing with trade on sea, and import and export of large volumes of goods. Merchant navy is the backbone of international trade. Rigorous work environment and training lead to a highly fulfilling career where a graduate officer begins with earning up to Rs. 50,000 per month. An experience of two to three years can lead you to earn a steep package of up to 2 lakh rupees a month. In addition, merchant navy officials are exempted from payment of income tax.
Presently, with prominent tournaments and leagues like IPL, MMA Championships, and Pro Kabbadi League, many sports are seeing an increase in fan following and a subsequent increase in the demand for sports managers. A sports manager is the key person who organizes teams, marketing, and various sporting events. This profession makes one adept at business law, fitness management, administration and managerial activities. Sports managers are highly paid, with annual starting salaries up to 6 lakhs and plenty of perks such as traveling with the team, meeting people, and gaining first-hand experience of high-profile national and international sporting events.
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