What’s the Highest Paying Job in Australia

An anesthetist works closely with surgeons, dentists, anesthesiologists, and medical professionals of other types. An anesthetist makes certain that anesthesia is safely administered. He basically provides pain management and patient recovery services.

 

If your goal is to become an anesthetist in Australia, you need an undergraduate degree after passing a UMAT. Undergraduate studies are followed by a GAMSAT and then a medical degree. After graduation, an internship is required. Once the internship is completed, residency years begin. During this time, experience working under a physician is gained. 

The residency lasts for a minimum 1 year and after that vocational training is also required. A fellowship through Australian and New Zealand College of Anesthetists (ANZCA) is to be gained which provides training, examination, and more. This takes about 5 or more years after which one is ready to apply for jobs as an anesthetist.

As an anesthetist you need to be accurate, precise, logical, and attentive. You should have the ability to make decisions under pressure. Verbal communication skills are also required.

 

Median annual wage: $359,056

Degree required: Medical degree

Internal medicine specialists provide treatment and care to adults who have an array of health problems and use many medications. An internist can either be a generalist or a sub-specialist.

Internists are required to have an undergraduate as well as a postgraduate degree in Australia. To become an internist or a general practitioner in Australia one also needs a postgraduate internship with the Australian Health Practitioner Regulation Agency (AHPRA). 

After this, a Fellowship of the Royal Australian College of General Practitioners (FRACGP) and a Fellowship of the Australian College of Rural and Remote Medicine (FACRRM) for vocational training are required. These two fellowships take in total seven years for completion and also include residency. After this, you’ll be required to pass relevant exams and register as an internist.

 

An internal medicine specialist should posses the qualities of humility, humanity, competence and commitment apart from having communication skills.

 

Median annual wage: $291,140

Degree required: Medical degree

A financial dealer is professional dealer who buys and sells commodities and properties to make profits. These individuals make transactions from their own pockets and work with their own portfolios. They are hired by financial institutions for whom they work to facilitate trade by analyzing market conditions.

 

For pursuing this as a career, you need a degree that covers accounting, commerce, finance, and economics. For boosting your chances of becoming a financial dealer, you can also get another degree, one that is relevant to law. A Senior Secondary Certificate of Education is required to gain entry into degree courses. 

If you want to get a specific role in the field, a postgraduate degree may also be required. After this, you may need to get a license by the Australian Securities and Investments Commission (ASIC). You may also have to become a member of a professional association such as Australian Financial Markets Association.

 

As a financial dealer you need to be armed with good communication, planning, analytical, and research skill. You should also know how to make quick and accurate calculations along with having the know-how of using computers.

Median annual wage: $263,309

Degree required: Finance or business degree

 

A psychiatrist is a medical doctor who prescribes medicines and psychological treatments to people who have mental disorders.

 

High school graduates may need to get admission in an undergraduate medical program to go for a medical degree or they may be required to sit in UMAT for getting entry in a medical university. For becoming a university graduate, you’ll be required to give a GAMSAT. Your grades play a huge role as well as your interview results in your path to becoming a psychiatrist.

Following studies, you’ll need a 1-year internship and then a residency as well. And finally, you’ll be required to complete a Fellowship of The Royal Australian & New Zealand College of Psychiatrists (FRANCE) which can take up to 5 years.

 

A psychiatrist should have good listening and communicating skills. He should also be aware of social issues and have the ability to solve problems and make decisions.

Median annual wage: $211,024

Degree required: Medical degree

 

Legal professionals such as judges, lawyers, barristers, legal executives, etc. provide guidance, solve disputes, and offer other such relevant services.

 

Firstly, you have to go for an undergraduate degree in LLB or a Juris Doctor (JD) degree depending on whether or not you already have an undergraduate degree. The course must be recognized by the law society of the state you aim to practice in and must cover the Priestly 11. 

Next, you need to complete the Practical Legal Training (PLT) course approved by the Legal Admissions Board in Australia. This course will cover both the Graduate Diploma of Legal Practice and your Legal Practice Experience as well. Following this step, you have to apply to the Admissions Authority and then complete a job. 

After that you’ll have to apply for the local Law Society for a Practicing Certificate. You may pursue higher studies for becoming a particular type of legal professional.

 

To become a legal professional, you need to have judgment, analytical, communication, and people skills. You’ll also need to have qualities of perseverance, research, and decision-making.

Mining engineers lead and perform mining-related projects from the exploration of mines for mineral resources to carrying out development plans. Mining engineers are responsible for the entire process from the planning and production to marketing.

 

For getting into mining engineering, you need your Senior Secondary Certificate of Education to do an engineering degree with a major in either mining or geotechnical engineering. Next, you may be required to register or get a license with the Australasian Institute of Mining and Metallurgy (AusIMM) and Engineers Australia. 

As a graduate, you will be eligible for the Mine Manager’s Certificate and for applying for registration to become a Chartered Professional Engineer with Engineers Australia after. To get a higher research position, you may need a master’s degree.

As a mining engineer, you have been someone who can take responsibility, observe and solve problems, and enjoy technical work. You should also enjoy working as a part of a team as much as working independently.

 

Median annual wage: $166,557

Degree required: Engineering degree

 

Chief Executives and Managing Director's head and direct organizations. They are responsible for policy-making, strategizing, and setting the objectives of a company. They may also represent the company at official events.

 

To start with becoming a CEO or MD, you need a bachelor’s degree in business administration, public administration or the like. You may choose to study further and solidify your chances of becoming a Chief Executive or Managing Director. You can do an MBA, Master in Business Administration. If you’re already working, you can go for a part-time MBA course. 

After graduating or during your course, you can take up an internship that gives you experience. You will probably have to climb your way up from a lower-level position to the seat of a Chief Executive Officer. You can also consider another voluntary certification.

 

To become a CEO or an MD, you must be a confident individual who has practical experience and exposure. You must have good people and decision-making skills as well as listening skills.

 

Median annual wage: $158,249

Degree required: Administrative degree

 

Engineering managers perform managerial and administrative roles as they lead engineering departments. They plan and strategize projects, budgets, and more. They also oversee projects and ensure quality control.

 

To become an engineering manager, it is recommended that you first undertake an Advanced Diploma in Engineering or an Associate Degree. Following this introductory course, you should choose a discipline in which you wish to specialize. After that, you may need to volunteer to gain some experience before you find an internship. 

Next, you can register with an organization like Chartered Professional Engineer (CPEng) or Registered Professional Engineer (RPE) from Engineers Australia. To become an engineering manager, you will also be required to do a management course. You can go for a Master of Engineering Management.

 

An engineering manager must be intuitive, have technical prowess, be determined and logical as well. He must also have the capabilities to administrate, analyze, and organize.

 

Median annual wage: $148,852

Degree required: Engineering degree

 

An IT Systems Architect designs build and tests technological programs, systems, and platforms of organizations. A systems architect manages and works in collaboration with designers, and engineers to head the overall processes of a project.

 

If your aim is to become a systems architect, you will need a degree in computer science or software engineering to start with. Your subjects can include web design data administration, network infrastructure or the like. 

Or your course may cover programming, security, and networking more. During your course, you can choose to do an internship to get experience. You may also need to gain project management and project leadership education. Training along with some certifications will be required.

A systems architect should have leadership qualities and design, programming, and managing skills. He should have good technical knowledge and experience as well.

 

Median annual wage: $139,690

Degree required: Computer systems degree

Worried that you don’t have a degree, to begin with? Don’t stress. There are several jobs that only require certifications for you to get in. The highest paying jobs in Australia which do not require a degree include fitness managers, sales managers, software engineers, pilots, HR managers, real estate agents, ethical hackers, and construction managers. However, if you’re running tight on your budget, you can always go for discount options. Many universities and institutes offer student grants and loans. You can take those and return them in chunks when you start earning. Another way to overcome your financial anxiety is to make use of coupons and discount like Bright Star Buddies Discount Code. Coupons can help you with anything and everything. You can get online training courses and pay using discount coupons; you can buy books using promo codes. There are other ways too to fight back the budgeting stress so you don’t need to worry much about your educational finances.

 

The job scenario is changing across the globe with many roles being discarded and replaced by newer ones. Some jobs will entirely vanish in the coming years such as those of Uber and Truck drivers. Why? Technology and automation will replace the workforce in certain departments. 

Areas where human empathy and care are required, such as health, will open doors of jobs for many people. Moreover, LinkedIn’s 2018 report reveals the jobs that will be on the rise in the next few years which include customer success managers, full stack engineers, data scientists, experience designers, and cyber security experts.