HIGH ROI COURSES

The popularity of studying abroad and working abroad is rising quickly. Dreams of global education and exposure have been further fostered by improvements in educational infrastructure and technology. However, selecting a good course in such circumstances becomes even more challenging as the number of courses continually rise across major study abroad destinations. The majority of aspirants choose to study abroad in order to secure profitable employment and take advantage of the benefits of a better, more sophisticated education with greater facilities. Finding the ideal professional path, combined with the course and destination countries, is everything.

For job seekers, the fields of science, technology, engineering, and math (STEM) combine to provide a number of highly sought-after career options. Because of this, there is a great need for excellent courses in these fields that are offered abroad. Several reports state that in the upcoming decade, STEM-related professions will lead the way globally. 

Health Care

The need for nurse practitioners was anticipated to increase by 52% in the 2020s prior to the COVID-19 pandemic’s effects on the global health care system. The demand for qualified specialists is now considerably greater. According to some estimates, 1.2 million additional healthcare practitioners would be required by 2030.

Healthcare providers include doctors, dentists, nurses, pharmacists, and specialists in allied health fields. All of the specialists collaborate to provide a wide range of services at various levels, including primary healthcare, emergency care, hospital-based treatment, rehabilitation, and palliative care, as well as public health and preventive programmes in the community. The study of nursing, occupational therapy, and healthcare management will be very beneficial for finding employment abroad. On an average an aspirant can expect a package of $104,300 to $220,000.

Biomedical Sciences and Biotechnology

Biotechnology is currently one of the top industries in the world (along with big data, machine learning, renewable energy, and media).

Studying abroad the subjects of biotechnology and biomedicine will give you a fresh perspective on your knowledge in the fields, if you are interested in pursuing jobs in the medical sciences or seek to apply your knowledge in a different way. By utilising information from these biotechnology and biomedical sciences, you will be able to satisfy the demands of a particular community and advance your natural science career by taking these courses abroad.

Biotechnology is helpful in the production of food, medicine, and agriculture and has a wider application in natural life sciences. Biomedical science is an intriguing area of life science that deals with understanding how biology and chemistry interact with the health sector in terms of maintaining life. Medical diseases can be treated and the health care system can be improved through biotechnology by using engineering principles. The annual pay scale may range upto $86,220 to $102,289.

Information Technology

Information security analysts’ employment is expected to increase by 35% between 2021 and 2031, which is substantially faster than the average for all occupations.

Over the next ten years, there are expected to be, on average, 19,500 openings for information security analysts. Analysts that specialise in information security are in high demand. Due to the increase in the frequency of cyberattacks, these analysts will be required to develop creative defences against hackers stealing sensitive data or causing issues with computer networks.

Businesses will need information security analysts to protect new technology from external threats or hackers as they concentrate on strengthening cybersecurity. The move to remote work and the growth of e-commerce have increased the need for better security, which will help these employees find more jobs over the next ten years.

With an average yearly salary of $100,240, aspirants in this profession work as systems administrators, network administrators, network security specialists, and network architects.

Data Science And AI

Data science has become a popular subject in many industries. Automation, artificial intelligence, and the internet of things have started to mould our lives as the industries move toward the fourth industrial revolution. It goes without saying that data science has completely transformed every major industry sector, including finance, healthcare, entertainment, sports, and many more. To handle complicated problems, a data scientist needs to have excellent computational and analytical abilities. You will have the chance to learn about topics including algorithms, cloud computing, database systems, data analytics, statistics, data modelling, business analysis, and data visualisation. Job prospects in this domain will include data scientist, machine learning engineer, data analyst, business intelligence developer with an average salary of  $ 74,26,829 to  $137,053.

Engineering 

It is anticipated that the vast field of engineering services would create a significant amount of job possibilities abroad. The fundamental engineering fields have seen an increase in demand. These are – 

  • Environmental and Civil Engineering
  • Electrical & Computer Science Engineering
  • Petroleum Engineering
  • Mechanical Engineering
  • Big Data Engineering

According to Forbes, there have been 1.6 million engineering jobs in the US in 2014. 

Between now and 2029, the number of STEM occupations will increase by 8%, according to the Bureau for Labor Statistics. Particularly for engineering occupations, employment is anticipated to increase by over 3% over the next ten years, producing roughly 74,800 new positions by 2029.

Management 

You can contact prestigious customers, travel the world, and influence organisational outcomes by pursuing a career in international business. It’s a position that helps you solve challenging cross-cultural problems and leave a lasting impression on international companies while also putting you in a position to progress professionally.

In light of the expanding global economy, many companies with foreign affiliates are hiring for positions in international business, including management and financial analysts, marketing managers, HR specialists, executives, and economists. IBM, General Electric, Apple, General Motors, Amazon, and Facebook are a few of these businesses. This field comes up with a hefty annual package starting from $84,330 to $132,890 . 

In demand management degrees include – 

Management Analyst – Consultants, usually referred to as analysts, provide fresh strategies for enhancing an organisation’s effectiveness. They offer guidance to upper management on how to improve business performance by addressing organisational issues, such as assessing a new programme for market expansion or changing up the operations strategy.

International experts in particular assist businesses in resolving problems involving international markets. On a global scale, they collaborate with businesses on specialised projects in a variety of fields like management, market research, corporate strategy, finance, and information technology. 

Marketing – A competitive company strategy and a creative vision need to be balanced, according to marketing managers. To produce efficient advertising campaigns, they frequently collaborate with creative directors, sales managers, product developers, media relations managers, and other staff members.

Additionally, increasing global sales is the responsibility of international marketing managers. They must be informed about trends in the global market and create goods that satisfy demand everywhere. 

Financial Analyst – To assist a company’s long-term financial objectives, financial analysts provide reports, direct investment operations, and create strategic planning. They mix technical and interpersonal abilities to improve the financial performance of their firm.

Global organisations seek financial experts who are familiar with the region’s language, culture, environment, and political history as investing becomes more international. The impact of international stock exchanges, diplomacy, and currencies on a company’s bottom line must be understood by international analysts.

Policy Analyst – 

For a wide range of political topics, including national security, healthcare, and environmental policy, policy analysts research difficult issues and make recommendations for solutions. Their analysis aids in the development of public policy as they analyse governments, political movements, legal frameworks, and other relevant topics.

International trade, international business policies, national defence, international economics, and foreign law are just a few examples of the areas that global policy experts frequently concentrate on when studying international relations.

Business Analyst – Business analysts plan, develop, and manage solutions in accordance with the aims and objectives of the organisation. The position seeks to improve performance, protocols, and processes. These may have something to do with a company’s primary objective, but they frequently have something to do with software and information technology. The majority of businesses in today’s world rely on technology, the internet, and IT systems, and they could not run without them.

Econometrics

Students can apply statistical techniques to predict and estimate economic policies thanks to this specific speciality. Economists utilise econometrics to assess how particular financial and economic policies would affect a nation’s GDP. Many universities offer econometrics as a course leading to both a bachelor’s and master’s degree. Students with this degree may be able to find employment as economists, data analysts, or finance analysts in organisations and the government.

Logistics and Supply Chain Management – 

Professionals in logistics and supply chains connect and optimise each step needed to bring the ideal product to the ideal consumer at the ideal time. In other words, they make certain that the customers’ needs for products are satisfied.

Like any other profession, there are certain occupations in logistics and supply chain management that are more in demand or lucrative than others. The planning and management of all sourcing and procurement, conversion, and logistics management tasks are all included in supply chain management.

Bioinformatics

Bioinformatics, one of the most promising areas in the biosciences, is an interdisciplinary area that merges biology with computer technology. The analysis of human gene variants and expressions, as well as the use of data to assess protein sequences, fall under the purview of bioinformaticians. With the world facing a pandemic, careers in bioinformatics are more profitable than ever. Prestigious universities like Stanford, MIT, Carnegie Mellon, Duke University, and others offer this curriculum. Companies like Dr Reddy, Torrent Pharmaceuticals, Wipro, Cognizant, etc. are hiring these professionals. 

Conclusion – In 2020, numerous nations stated that, on average, 26% of students pursue degrees in business and management, and another 18% pursue degrees in engineering. Breaking away from conventional career pathways and creating your own is one of the finest ways to keep ahead of the competition in the quickly evolving corporate world.

Some of the most sought-after courses in India and overseas are those in engineering, humanities, computer science, social sciences, and business. However, it also implies that each year, the competition in these fields multiplies.

We frequently advise students to enrol in a specialist course within their chosen disciplines in order to break out of this conventional mould.

Written by Ms. Diva Kohli – Jitin Chawla Team