Regardless of the rising cost of tuition and professional qualification fees, obtaining a degree or a professional qualification will significantly increase your earning potential.
When it comes to choosing a career, there are numerous factors to consider.
While some people prioritise personal motivation, flexibility, and job satisfaction when choosing a career, others prioritise financial profits. If you fall into the latter category, we have identified various jobs in a variety of industries where you can earn significantly more money.
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Chief Executive Officer
Average Salary – £77,711
Starting Salary – £47,846
Highest Salary -£96,930
Chief Executives, also known as CEOs or Managing Directors in the United Kingdom, are typically the highest-ranking individuals in any organisation, with the highest average salary. Chief executives can work in both the private and public sectors, and they are in charge of the entire company, making critical decisions to maximise the value of the company.
They usually get their job description from a board of directors to whom they report directly. A business-related degree, postgraduate qualifications such as an MBA, leadership skills, relevant experience, and a track record of making sound business decisions are also required for this position.
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Entrepreneur
Average Salary – £101,000
Starting Salary – £18,000
Highest Salary – £181,000
Because entrepreneurs are those who start a business, they can literally make or break it, so their salaries can range from £18,000 to several million pounds. Entrepreneurs’ ideas are frequently shaped in response to a lucrative market opportunity and are frequently borne out of their qualifications, talents, interests, or personal situations.
While all entrepreneurs require a creative mind to spot trends and opportunities, not all entrepreneurs create entirely new products. Similarly, a fitness professional may work with an entrepreneur to help them market their fitness business and build a profitable business.
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Chief Financial Officer
Average Salary – £97,646
Starting Salary – £71,216
Highest Salary – £112,079
A chief financial officer (CFO) monitors and leads the company’s financial activities for long-term growth. They are responsible for budgeting, planning, analysing the company’s financial health, and providing guidance and corrective measures to improve its profits. This job role is one that you’ll have to work your way up to as there are no distinct requirements. However, relevant experience and a finance-related qualification from a professional body like ACCA or the Institute of Chartered Accountants in England and Wales can increase your chances.
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Lawyer
Average Salary – £48,414
Starting Salary – £40,956
Highest Salary -£65,000
Lawyers are licenced professionals who provide legal advice to both individuals and businesses, and this position requires a law degree. In the United Kingdom, you can practise as a barrister or solicitor. Solicitors provide legal support while barristers represent their clients in court. In addition, you may work in other areas of law, such as corporate law, commercial law, family law, or criminal litigation.
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Orthodontist
Average Salary – £77,757
Starting Salary – £50,335
Highest Salary – £82,738
Orthodontists are dentists who specialise in jaw and tooth alignment. They treat people of all ages, but they typically see teenagers and children with developing jaws and teeth to determine whether they need braces, retainers, orthodontic headgear, or teeth straightening surgery. To become an orthodontist, you must first obtain a Dentistry degree and then train as an orthodontist.
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Cybersecurity Specialist
Average Salary – $31,260
Starting Salary – £29,274
Highest Salary – £46,244
With the rise in cybercrime and fraud, there is an unprecedented demand for cybersecurity experts. Companies in various industries require cybersecurity experts to ensure their security and privacy. A cybersecurity apprenticeship or degree is also required to enter this industry.
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Dermatologist
Average Salary – £69,209
Starting Salary -£60,000
Highest Salary – £99,066
Dermatologists treat skin conditions and diseases such as psoriasis, eczema, acne, shingles, and skin cancer. They also provide cosmetic procedures such as fillers, laser procedures, and Botox injections. To become a dermatologist, you must first obtain a medical degree before specialising in dermatology.
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HR Director
Average Salary – £71,248
Starting Salary – £58,272
Highest Salary – £77,934
The HR director is in charge of supervising all aspects of the HR department, as well as setting HR goals and enforcing company policies. To become a Human Resource Director, you must have a bachelor’s degree in human resources, business administration, or industrial psychology, as well as five years of managerial experience.