What You Should Be Studying In School If You Want To Be Rich In Canada
Plan your degree around money.
Money makes the world go round. Not that you need a reminder, because you're probably (like all of us) one of those people who wants all the cash in the world but has a job that doesn't really pay all that well.
You probably should have studied something else in college or university.
Despite "study what interests you" being a beautiful a idea, it's not that practical. If you want to make money in Canada, you should be going into fairly specific fields.
Canadian Business has done us the service of listing out what folks should be studying if they want to make good money in a feature on "Canada's Best Jobs" and the degrees needed to get them.
We've listed out the jobs (with their salaries, in ascending order) below, so you can get a solid sense of what fields to get into. Somewhat surprisingly, more traditional gigs like doctor or researcher don't make the list.
For more information, like details on which universities and colleges offer the best programs, head to the original post here.
- Average Salary: $83,844
A university program isn’t needed for this surprisingly lucrative job. Becoming an elevator mechanic in Canada requires going to a technical school or college. The most popular is the Canadian Elevator Industry Educational Program. An apprenticeship is also required, to give you hands-on experience in the trade.
- Average Salary: $84,510
A bit more education and specialization sets a cure practitioner apart from a standard nurse. You’ll need a B.S. degree in nursing, work experience, and a grad diploma in nursing is almost a necessity.
- Average Salary: $86,528
Get an electrical engineering degree if you want to become a telecoms manager. A program with a co-op placement is a good bet, since on-the-job experience is valued in a hands-on profession like this.
- Average Salary: $88,524
One of those classic “go into this if you want to make money” kind of jobs, lawyers continue to make good money in Canada. Getting there can be pricey, however, since you need to complete an undergrad degree then a law program.
- Average Salary: $89,398
As with most tradesperson jobs, you’ll need a lot of work experience before reaching the upper echelons of pipefitting positions. A college program in plumbing or pipefitting is your way into the field, then an apprenticeship , followed by years of work.
Mining and Forestry Manager
- Average Salary: $100,006
A degree in engineering or earth sciences is a good educational foundation to get into mining and forestry management. The job entails managing lumber mills and fisheries, but it can take up to ten years in lower-level positions before getting up to the manager position.
Real Estate and Financial Manager
- Average Salary: $103,376
There’s money in Canadian real estate? Who knew! Actually, though, getting into the real estate finance field is quite lucrative, but it’s going to take you a while to get to upper-tier positions. A post-secondary business degree from an accredited institution and upwards of 5 years of experience are required.
Public Administration Director
- Average Salary: $106,662
A government gig is always a good idea, and public administration directors are some of the best paid. You’ll want a bachelor’s degree in a related field (business, social science, or even public administration) at first, and then it’s all about putting in the time and rising through the ranks. A Master’s of Public Policy can help speed up the process.
- Average Salary: $112,320
Dealing with utilities like energy, water, and natural gas requires you to have a background in electrical engineering or urban design. Then it’s an upward climb from an entry-level position in utilities operations until you get the vaunted position of utilities manager. You’ll need a professional engineers certification, too, on top of an undergrad degree.
Economic Development Director
- Average Salary: $114,400
As an Economic Development Director, you’re basically in charge of making sure the money rolls in to a city or municipality. To get there you need a B.A. in economics, public administration, or a similar program, then some on-the-hob experience working as an economic researcher. An economic developer (Ec. D.) is a modern requirement for the gig.