Hunting a career prospect for a child presently reading in VI-XII poses a difficult choice. Two observations appear before the student and the guardian. Either the student is FASCINATED towards some occupation. Or the guardian makes a SERIOUS SELECTION of the career based on his capacity to spend vis a vis the probability of getting a lucrative opportunity.
Fascination
comes from seeing a role model earning money, fame and position in the society
or within the family or just by being influenced by someone’s impressive
lectures. I’ve noticed students holding the preconceived ambition to choose a
particular career. The only roadblock is going to be the financial capacity of
the guardian. If the guardian can afford it, next comes the question of the landing
a long-career with steady earning for at least next twenty years without
disruption.
Most
of the choice made today may not hold the test of time. That is, over the next
three four decades they may not go on without major fundamental changes. Technology
is fast changing the careers. What is applicable and lucrative today will not
remain so next year. Therefore, one must keep UPGRADING ALWAYS.
Upgrading
and knowing newer domain knowledge is not always an easy task. As family
expands, one becomes more involved and finds lesser time to learn on self
effort. Yet, people who manage to enter the middle management may find
themselves safe. Based on the current trend , let us discuss a few future
career options.
Software Architects: They need extensive technical knowledge
of software and code. Becoming proficient in one technology or language only is
not enough. This career needs a leadership role, a design role, a
customer-facing role, and a technical role. This career requires a broad skill
set of technical and interpersonal skills. The job necessitates-
Evaluating
the needs of the project to determine which standards or tools are best
Breaking
down the entire project into smaller steps (Structuring)
Ensuring
the project proceeds on time (There will be time pressure)
Communicating
the business’ needs with the team to ensure the right product is created
Checking
the code for bugs
Ensuring
the product can handle future changes, like security updates
These
professionals design software systems. Their prime focus is on a specific type
of software solution.
Cloud
architects focus on creating systems and solutions to be stored and operated in
the cloud.
Systems
or application architects create solutions that solve a single problem (Kaizen
approach).
Enterprise
architects design solutions that solve problems across multiple projects for an
entire organization.
The
salary range can vary from $124,850 to $153,104 depending on efficiency
and experience.
While
the Bureau
of Labor Statistics (BLS) does not track the salary or job outlook for
software engineers, the BLS does predict that the software development field
will grow
@ 21% between 2018 and 2028
Solutions Architect
As
a Solutions Architect one is responsible for assessing current computer
systems, designing and developing new technology solutions and integrating
software and hardware systems to fit the existing enterprise environment in
order to address the needs of an organisation. One requires understanding how
processes, operating systems and application architectures work together. A
solutions architect fulfils an organization’s technology needs. They gather
specifications, assess systems, and oversee team projects. To join this job,
you need to have advanced technical skills and a deep understanding of
business.
The
task and duties of a Solutions Architect
involve:
Define
the Solution based on clients business needs and present effectively and
authoritatively to client stakeholders from both technical and business
backgrounds
Write
test plans that enforce the acceptance criteria of features and keep them
updated
Develop
proofs-of-concept to validate solution feasibility
Identify
project issues / risks and present alternatives to alleviate or resolve
Document
comprehensive client user stories and technical constraints/requirements
Produce
detailed component specifications and translate these into detailed designs for
implementation.
Lead
technical analysis, implementation and deployment
Support
the Project
Managers in managing scope variations and risks effectively
Performs
project assurance to validate that solution architecture aligns with the
enterprise architecture;
The
average salary for a solutions architect is Rs. 19,27,105 per annum while
the base annual salary for freshers is generally around Rs. 5 lakh per annum.
With more experience, the annual salary can go as high as Rs. 26 lakh per annum.
Commercial Pilot
In
India, if one carries a flying experience of 250 hours, one may work as a
commercial pilot. The salary of a commercial pilot is high in India. As a
fresher, they may earn as much as Rs 1.5 Lakh per month. After gaining
experience, their salary goes upto Rs. 5 to 6 Lakh per month on
International route.
The
initial salary of a private jet pilot is same as a commercial pilot, but after
an experience they are paid a remuneration of Rs. 50 lakh per annum.
How
many hours do they have to work?
Rarely,
a pilot can work 40 hours in a week. They can work late at night, on weekends
& even on holidays. If they work as a commercial pilot, 8 hour break is
given to them between shifts. Most of the pilots fly between 85 and 100 hours
per month. They are limited to a total of 100 hours per month, or 1000 hours in
one year.
Commercial Pilot’s
Qualification
Candidates
should preferably have an undergraduate degree in a Science based subject such
as Physics or Mathematics. Additionally, individuals must also have a
Commercial Pilot License from a recognized institute and other licenses such as
Airline Transport Pilot Licenses. Director General of Civil Aviation has the
regulatory authority to help formulate courses to train pilots. Commercial
pilots are also required to be physically fit and must pass all the necessary
medical examinations.
Product Manager
Product
management positions recently increased in demand within this decade. A product
manager works with the people who design and manage a product. They cater to those
who use the product and those who manage the business to ensure that the
product meets everyone's needs.
Following
are the products to name a few:
Technical products, such as programmes, apps and video
games
Financial products, such as credit cards, mortgages and
savings accounts
Manufactured products, such as appliances, pharmaceuticals and
toys.
Product
managers ensure that people building it have access to the latest technologies.
They also listen to the users of the product. From customers, they gather
information on what new features they want. This information is analysed their
feedback and usage data are studied thoroughly. They're also responsible for
the life cycle of the product, ensuring that everyone follows the product
roadmap and that features are being released on time and they adhere to high quality.
Responsibilities of a Product
Manager:
He
takes overall responsibility for the success of the given product. He contributes
towards product strategy and vision. He meets regularly with all stakeholders,
including product developers, marketing, customer service, finance and company
heads. He collects, analyses and responds to the user feedback. He manages one
or more budgets gathering and evaluating ideas and opinions. He plans new
features and causes changes to a product demonstrating new ideas and features
to stakeholders. He creates timelines and roadmaps for developing the product.
He attends conferences and events related to a product or sector. He implements
or supports marketing campaigns. He is instrumental in creating and overseeing
development and project management processes; inspiring and enthusing
colleagues and users of the product; learning about users and a product's
market; researching competitors and similar products.
Salary of Product Manager
Starting
salaries for product managers and junior product managers in the U.K. are
usually between £25,000 and £40,000.
Qualification
Aspirants
must have an undergraduate degree in Computer Science or a related field.
Additionally, having previous experience as a manager is an added bonus.
Industry certifications or additional knowledge about certain software may be
required.
Investment Manager
One
needs a bachelor’s degree in a field such as financial management or economics
to start off. Alternatively, one may specifically try
Earning
a master’s degree in business management or administration.
One
must cope with stress and thrive in a competitive work environment to become an
investment manager. One may succeed if one is goal-oriented, enjoys
mathematics, is proficient in data analysis and loves to solve problems.
The
investment management profession offers some of the highest starting salaries
in finance. For the talented and ambitious, there’s also a great deal of chance
for that salary to grow. In America, Glassdoor reports
that the annual salaries for investment managers range from $51,000 to just
under $172,000.
Industry
analysts expect strong employment growth in the investment management field
midway into the next decade. According to the BLS, employment in investment
management is expected to grow @ 17 percent from 2020 to 2030. With a commerce
background, good number crunching ability and a dedicated career will put an
investment manager on a good stead.
Disclaimer: Images have been taken from the sites of Google.
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