Getting the Best Salary Down Under
Choosing the right career can be a challenge for Australians and many worldwide, especially if the job market is fluctuating.
But if you're looking to earn one of the best salaries Down Under, you could certainly do worse than these >>>
Marketing Analyst: 360,000 AUD
If you've got mad computer skills, along with an analytical mind and great communication skills, you should look into becoming a marketing analyst.
These professionals run focus groups, administer questionnaires, and perform other research to determine market trends and help their employers develop a killer marketing strategy. You'll also help develop new products and services or modify the existing ones to meet consumer demand.
To become a marketing analyst, you'll need at least a bachelor's degree in statistics, math, or computer science. To reach the top of your field, you'll want an MBA or master's degree in marketing research, marketing, or statistics.
Chief IT Officer: 250,000 AUD
Lots of technical knowledge and ability, good communication skills, and great leadership ability may net you a great job as the chief information officer of a company.
As the head of IT, you'll be responsible for all of a corporation's computer systems, helping your company form and meet strategic goals. You'll usually report to the company's other executive board members.
If this sounds like the career for you, a bachelor's degree in computer technology or a related technical field will help. Even more helpful will be an MBA or master's degree in your technical field.
Financial Controller: 225,000 AUD
If you're a born number-cruncher and can make maths sit up and do your bidding, you might enjoy becoming the financial controller for a large company.
The financial controller oversees a corporation's accounts department, managing the company's team of accountants and keeping the books clean and accurate. You'll oversee all tax and regulatory issues, help your company formulate its financial strategy, and perform periodic audits to make sure financial records are up-to-date.
You'll need a minimum of a bachelor's degree in math, business, or economics, as well as accountancy qualifications. A master's degree in any of these will also give you a leg up, as will plenty of accounting and financial experience.
High-Paying Entry Level Positions
Of course, if you're just starting out and trying to decide on a career, you'll be looking for entry-level positions. Here are a few that will get your foot in the door at a company, while still paying a healthy salary >>>
- Merchandise planner (44,000 AUD): A merchandise planner, as the name suggests, helps plan and coordinate a company's buyers, purchasing officers, and any other staff involved in buying the materials, products, and services needed to keep the company running. You'll need a bachelor's degree in merchandising, marketing, business, or finance to qualify for this position.
- Software engineer (41,000 AUD): If you've got a knack for computers, you might be interested in creating operating systems or applications for computers, tablets, and other devices. This job will require a bachelor's in computer science for the best chance at success.
- Business IT analyst (54,000 AUD): A business information technology analyst helps improve a business's performance using computers. You'll want a bachelor's in business, IT, or computer science to give you the best chance at this position.
This is just a sampling of great-paying positions you can aim for in Australia.
For more information, or to look into a field not listed here, consider contacting a career coach to help direct you.
About the Author
Angie Mansfield covers a range of topics for consumers and small businesses, including financial software.
Seo JungJin: Who is EY’s World Entrepreneur of 2021?
Seo JungJin, founder of biopharma firm Celltrion, which most recently developed an antibody treatment for COVID-19, has been named the EY World Entrepreneur of the Year 2021, becoming the first South Korean in the award’s 21-year history.
Regarded as one of the world’s most prestigious business awards program for entrepreneurs, the EY Entrepreneur of the Year celebrates visionary and innovative leaders from across 60 countries who are transforming the world and fostering growth.
JungJin, who is now honoroary chairman of Celltrion Group, was up against a worthy cast of entrepreneurial competitors, taking the crown from among 45 award winners across 38 countries and territories.
Speaking during the virtual event, JungJin described his own interpretation of entrepreneurship as something that brings together “a group of people toward a common vision, embracing challenges as opportunities and committing oneself to contribute to the greater good”.
Why was JungJin crowned King Entrepreneur?
A South Korean native and now 63 years of age, JungJin founded biopharmaceutical firm Celltrion in 2003. In the nearly two decades since its founding, Celltrion has lived up to its goal of advancing health and welfare for all by developing ground-breaking drugs to treat autoimmune disease, various forms of cancer and, most recently, COVID-19.
The company, which JungJin started with just US$45,000 and five of his colleagues, has since growth to more than 2,1000 employees with sales permits in more than 90 countries and revenues exceeding US$1.69bn.
According to the panel, JungJin’s story is a shining example of the power of an unstoppable entrepreneur to change the world with the pandel moved by both his incredible story and his purpose-driven leadership, innovative mindset and entrepreneurial spirit.
Described by the chair of the EY judging panel Rosaleen Blair as “representing everything an unstoppable should be” from taking on the world’s biggest health care challenges to consistently creating long-term value for his company, JungJin’s story is one of incredible tenacity and perseverance that the judging panel felt most represented the entrepreneurial spirit.
“He’s taken breathtaking risks, both personal and professional, to found Celltrion and grow it into one of the world’s leading biopharmaceutical companies,” says Stasia Mitchell, EY Global Entrepreneurship Leader. “His passion for creating affordable, life-saving health care and flair for tackling global problems has led to many treatments that have helped millions of people worldwide and was especially evident this past year through the creation of a COVID-19 antibody treatment.”
How did JungJin get there?
JungJin's entrepreneurial journey started at an early age when he worked as a taxi driver to get himself through Konkuk University in Seoul, South Korea. After studying industrial engineering, he rose through the ranks of Daewoo Motor Co. before losing his job amid the carmaker’s financial troubles following the 1997 Asian economic crisis.
Following this, JungJin started collaborating with colleagues to explore business opportunities in different industries, though none delivered lasting success. The turning point came after he attended a talk hosted by renowned scholars, which inspired him to focus on the biopharmaceutical sector.
And so he founded Celltrion with just US$45,000 of his savings. The launch of Remsima, credited with being the world's first antibody biosimilar, quickly moved Celltrion up the ranks of the country's fairly underdeveloped pharmaceutical sector. Celltrion followed this success with the launch of drugs for breast cancer and lymphoma that today are being used worldwide.
With ambitions to be the world’s first in different areas, Celltrion has pioneered numerous uncharted areas to great success over the past two decades, most recently responding to the global pandemic by successfully developing an antibody treatment for COVID-19 and working to ensure a timely supply of the safe and effective treatment.
“When I first started, my vision was to help patients gain access to safe, effective and affordable medicines and thereby enhance the quality of people’s lives,” explains JungJin. “The success of Celltrion has enabled me to expand on this while finding new ways to fuel my entrepreneurial drive.”