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Top 10 Highest Paid Professions In The Uk And Usa - Career - Nairaland

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Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 8:13pm On Aug 16, 2011
I guess we are all tired of seeing threads on the top paid professions in Nigeria.
Since most of the people asking usually reside in the UK or in the USA, I decided to start a thread that seeks to know who goes home with the big cheese in those countries. I guess it might even help Nairalanders who are looking to pursue careers abroad.

So house, who can help us out here? What are the top earning professions in the UK and the USA?
Responses required.
Re: Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 8:29pm On Aug 16, 2011
Looks like in the US, there is no point going there if you do not plan to study medical-related disciplines.

Just checking online, random sites, it appears the top 10 professions in the USA all have to do with medicine.

Couple of links: http://www.myplan.com/careers/top-ten/highest-paying.php
http://www.huffingtonpost.com/tag/highest-paid-jobs
Re: Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 8:36pm On Aug 16, 2011
I also decided to look at the UK. Thank God for the Brits; at least it's not all about medicos here. That explains why most Nigerians migrate to the UK.
have a look at the following links: http://www.careerbuilder.co.uk/Article/CB-27-Job-Search-Britains-Best-Paid-Jobs/
http://www.guardian.co.uk/money/2010/dec/18/uks-best-paid-jobs
Re: Top 10 Highest Paid Professions In The Uk And Usa by violent(m): 9:54pm On Aug 16, 2011
^^^

Don't be deceived by those figures, a trading associate in a mid size US Hedge fund can easily take home over a million dollars a year!

No other paid profession is ever as well paid as Hedge Funds and PE, which is then followed by Investment Banking. . .consulting comes a distant fourth.

All other professions probably pay peanuts when lined side by side!
Re: Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 10:34pm On Aug 16, 2011
violent:

^^^

Don't be deceived by those figures, a trading associate in a mid size US Hedge fund can easily take home over a million dollars a year!

No other paid profession is ever as well paid as Hedge Funds and PE, which is then followed by Investment Banking. . .consulting comes a distant fourth.

All other professions probably pay peanuts when lined side by side!

isn't that with bonuses? What's the actual base pay of investment bankers? And why aren't they listed anywhere?
Re: Top 10 Highest Paid Professions In The Uk And Usa by violent(m): 10:46pm On Aug 16, 2011
AjanleKoko:

isn't that with bonuses? What's the actual base pay of investment bankers? And why aren't they listed anywhere?

Yeah, you are right, with bonuses!

The actual pay of a vice president could be anywhere around 250 k but his bonuses could be close to 750 k.

They aren't probably always listed because it's one of the most controversial topics in the finance world. For instance, In early 2009 when the world was just emerging out of recession (or so it seems) some of the lowest paid associates received around 200 k in bonuses. . .how do you explain that to a tax payer whose taxes has just been used to bail out these banks that were deemed "too big to fail" from a problem they caused by themselves?. . .heads they win, tails the rest of the world loses!
Re: Top 10 Highest Paid Professions In The Uk And Usa by olaolabiy: 11:00pm On Aug 16, 2011
Yeah! Banking, my people. Investment banking.

Bob Diamond's bonus was around 6 million pounds last year.

His bonus has never been lower than 5 million pounds. Since 2007, at least
Re: Top 10 Highest Paid Professions In The Uk And Usa by tanimola22: 9:16am On Aug 17, 2011
AjanleKoko:

isn't that with bonuses? What's the actual base pay of investment bankers? And why aren't they listed anywhere?

In fact, an entry level analyst at a decent investment bank, PE or HF earns as much as 42K pounds per annum as base pay, excluding bonuses and sign on fees O. As violet remarked, associates earn even much higher. Ask deenee to give you a range and you would be astonished. These associates usually have just at least three years work experience plus maybe MBA. Even naija investment banks pay competitively.
Re: Top 10 Highest Paid Professions In The Uk And Usa by tanimola22: 11:48am On Aug 17, 2011
AjanleKoko:

isn't that with bonuses? What's the actual base pay of investment bankers? And why aren't they listed anywhere?

http://www.careers-in-finance.com/ib_salary_examples.htm
See http://www.glassdoor.com/Salaries/investment-banking-analyst-salary-SRCH_KO0,26.htm
http://www.careers-in-finance.com/ibassoc.htm


Remember, investment analysts are the JJCs. Associates are the more experienced folks, whether via MBA or work experience. Also, boutique means a small investment bank or something of that nature. BB means bulge bracket investment banks such as GS, JP, MS and so on.
Re: Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 1:54pm On Aug 17, 2011
Guys,
We are looking for top 10. Not top 1 grin

Oya, asides from Finance, which other careers in the UK pay good money?
Re: Top 10 Highest Paid Professions In The Uk And Usa by imconfused(f): 2:25pm On Aug 17, 2011
Hi Mr Ajanlekoko,
Sorry for derailing this thread
Please i have a question for you in the med career section.
Thank you.
Re: Top 10 Highest Paid Professions In The Uk And Usa by ocelot2006(m): 1:50pm On Aug 24, 2012
Well, with everyone going green, I think Environmental Engineering ought to be listed as one of the best careers in both UK and the US.
Re: Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 3:25pm On Aug 24, 2012
imconfused: Hi Mr Ajanlekoko,
Sorry for derailing this thread
Please i have a question for you in the med career section.
Thank you.

Which thread exactly?
Re: Top 10 Highest Paid Professions In The Uk And Usa by nitrogen(m): 8:01pm On Aug 24, 2012
AjanleKoko:

Which thread exactly?
Haha, a year after? You are very funny with this o.
Re: Top 10 Highest Paid Professions In The Uk And Usa by yamakuza: 9:45pm On Aug 24, 2012
Re: Top 10 Highest Paid Professions In The Uk And Usa by AjanleKoko: 11:29pm On Aug 24, 2012
Re: Top 10 Highest Paid Professions In The Uk And Usa by yamakuza: 12:38am On Aug 25, 2012
AjanleKoko:

Old age don dey come embarassed

lolz, i discover say u don even answer the lady since sef ...

maybe you need a vacation?
Re: Top 10 Highest Paid Professions In The Uk And Usa by kunlejazz(m): 7:39pm On Sep 02, 2012
I just stumbled on this thread and I'm surprised no one has made mention of telecommunication. Cisco certified network experts, Optical fibre specialists, RF specialists (the least paid in the pack I presume) earn 80k-150k USD per annum.

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