What will be the highest paying careers of the future? My dcs want to earn 100k plus😁

[Snowqueen22]

Chatting to the dcs last night about careers... One is very creative, one loves stem & maths, the youngest excels at humanities. They all said money is the most important thing initially. So based on this what are & will be the highest paying careers of the future? 100k plus

I'll start...
Currently accounting especially if in a specialised area, engineering, architecture, I. T, law..
In the future any STEM based or IT career?

Finance - private equity, asset management, etc. Even jobs in those firms that aren't to do with the finance bit - e.g. HR, IT, marketing - can pay more, with big bonuses and good benefits

Thank you @MissSueFlay , I'll report these back to the dc. At the moment the three of them seem to just want a route to riches 😅

Accountant.

Make sure they are prepared to do exams whilst working though.

They sound very ambitious your DC which is lovely!

My DS are only 2yo and 1yo but my DH and I have had a similar conversation already... What do we see them doing?

We anticipate any tech/IT related jobs to be hugely rewarding in the future, that and accountancy as PPs have said. DS1 is very like me so I anticipate he'll have to work hard to get his good grades whereas DS2 will no doubt be like his Dad and good grades will come naturally without much revision. Although, DH wants our youngest to be a Leeds Utd player though so unsure how much pay that would be 😝

For those saying "accountant", lots of qualified accountants barely hit the higher rate tax threshold (£50k) in smaller firms in the regions.

If they want £100k+ then they need to be high flyers in top 10 accountancy practices, large national/multinational firms, or specialists, such as VAT specialists. "Bog standard" qualified accountants in smaller firms really don't generally earn anywhere near £100k.

Heart specialist to deal with all the heart attacks.

Correct.

I would not say accountants, particularly if they have some flair about them! Deathly boring job unless you're a partner, then still pretty tedious!

Cyber security.

It's lucrative now and is only going to get more so as demand continues to grow and the skills required are increasingly complex.

I would suggest working on their emotional intelligence first and foremost. Having a high IQ will only get you so far in the future irrespective of what field you go into (apparently 😜).

Apologies bit of a random reply but I’m writing up an OU essay on a similar theme and this is what the research is telling me. A lot of high flyers have high IQ & EQ.

I was previously a qualified solicitor (O&G) and now CA, my husband is a chartered engineer.
Neither of us earn anywhere near what my DB earns as a software engineer (consultant).

IMO it's less about career path and more about interpersonal skills, resilience and work ethic. Pick a broad degree with a wide range of applications, prioritise work experience in a range of fields, and put a lot of effort into I&EQ

My eldest was earning over that by age 35. - in finance as others have said. For a bank, overseas.

Cyber security, that is going to have to be constantly improving and will be come more and more vital. Hi

And exactly as Molliciousintent said. Plus a good degree and/or ambition.

I hate it when young people are so materialistic, it really isn’t a good look or come across well.

He wasn’t materialistic at all, just wanted to get a good job and display a good work ethic.

@Annie232

Same, it already has disaster written all over it. Each to their own but I encourage mine to truly try and love what they do. If you genuinely love your work you will be engaged in it and more successful anyway. Doing it for just money is a bit soul destroying long term and not something I would actively encourage in mine.

@Knittingnanny2

Sounds like he did it for the right reasons and then ended up being successful in it. Good for him.

IT contracting has always been pretty easy money. The tax breaks are nowhe

I'd totally agree with you on this, the soft skills are very important! Pity my creative one isn't the maths whizz, she's very charming & would fit right in with the corporate schmoozing 🤣

There’s plenty of good jobs out there. What I would say is that if If you are constantly chasing money you will never be truly happy.

In my experience the money chasers are usually the most boring, selfish and unhappy people that are always left disappointed and wanting more.

IT contracting has always been pretty easy money.
The tax breaks are nowhere near as good as they used to be - but yoy still can reach a 100k type package relatively quickly & easily.

Construction - not a trade (although they are well paid) but all the jobs ‘behind the scenes’ such as engineers, h&s, quantity surveyors, HR,