If you are looking for a degree that guarantees you the best paying jobs in Hong Kong, we’ve got you covered. These degree programs will help you to get the best-paying jobs in the country as well as enable you in building the best career. One of the wisest things to do is to pick a job that would guarantee you a comfortable salary so as to take care of your needs and those of your dependants.
Having that in mind, let us take a look at the best degrees that can help you land the best jobs in Hong Kong.
The demand for STEM subjects (Science, Technology, Engineering and Mathematics) is on the rise these days. 87.8% of engineering graduates was recorded to secure jobs within six months of graduation. There are multiple areas of specialization in engineering field such as structural, electrical, electronic, mechanical, chemical, civil, and petrochemical engineering. The starting salary for engineering graduates is usually six figures. But that is not all. The job prospects offered in this field is quite high, making the future a beautiful one.
Furthermore, by projection, the Bureau of Labor Statistics said the field of engineering will experience around 130 000 new jobs by 2026.
An engineer in Hong Kong earns around HK$360 000 per annum.
- Business Administration
Business administration is one of the highly sought-after degrees. The good news is that it can be studied both online and in a traditional setting. It provides graduates with multiple positions in the career world. Such positions include management, analytics, CEOs, and entrepreneurship. You can get an entry job in business administration with an associate degree. However, as you excel in education, you can go for higher roles and also earn higher. You can also work while learning, irrespective of the educational setting you chose.
The average salary of a business administrator in Hong Kong is HK$240 000.
Every business has one financial analyst or a team that oversees the finance. With a financial degree, you can earn very high in Hong Kong. You will learn how to manage money as well as balance account. By 2026, the field is expected to grow by 26% for financial managers and 11% for financial analysts. Usually, you will need to start with a degree in financially related fields. Then, you can proceed to an internship or take up an entry-level role. Some firms might require that you register with the Hong Kong Institute of Certified Public Accountants.
The average salary for a financial analyst in Hong Kong is HK$297 476.
A degree in accounting is another safe bet for career advancement. Just like finance, accounting is one of the top in-demand degrees that every organization does not joke about. An accounting department is needed by every organization. A degree in accounting could position you for a job as an actuary, a branch of insurance that deals with the analysis of the cost of risk.
Accounting requires almost the same conditions as financial analysts, with the same average salary. An actuary earns on the average, HK$461 299 per annum
- Software Developers
Software developers create and maintain computer programs. They design and test software programs while working closely with programmers in writing codes. They also ensure programs function according to their designs as they test and maintain them. The major areas of specialization are application and operating systems. Application software developers create custom and commercial software for computers and other gadgets. System software developers, on the other hand, develop systems that keep the computers and mobile devices running.
Most often, developers work in teams. Therefore, it is important to gain soft skills while studying the course. Skills like communication, teamwork, interpersonal, analytical, and problem-solving would help developers to succeed in their careers. Software developers can function in other areas such as IT project managers or software managers.
A good start in the area of software development is with a bachelor’s degree in computer science. You could also proceed for master’s qualification. But you will need a blend of both experience and qualification to scale through in this field.
The average salary for a software developer in Hong Kong is HK$387 555.
- Marketing and Advertising
The major roles of marketers and advertisers are promoting a company’s brand and also overseeing departments that help to build consumer interests in the company’s products. They also design campaigns that help in increasing the demand for the products and services offered by the organization.
Some companies have advertising and marketing departments, while others work for agencies and consulting firms that specialize in the job. Another role of marketing managers is to analyze the demand for products and services, develop price strategies and research potential customers and competitors. They also work closely with executives of the company, their public relations departments as well as product development department to draft marketing strategies.
These specialists also rely on their creativity and analytical skills to create ideas as well as identify trends in the industry. They, in addition, use strong communication skills to relate with their clients and colleagues.
- Human Resources Managers
The human resources managers are in charge of recruiting and hiring employees for the organization. They manage the human resources of the organization, meet with its top executives to plan on strategic ways to move the organization forward in terms of recruiting and hiring staff. They also initiate programs that would benefit employees, ensure that adequate training is given to them in order to develop the organization.
In addition, the human resource managers oversee the legal and disciplinary process with regard to employment. Therefore, strong communication, leadership, organizational, and decision-making skills will be required for human resource managers to excel in their careers.
The best way to become a Human Resource Management expert is to start with a bachelor’s degree in either human resource management or business administration. You can proceed to a master’s degree or gain experience with an entry-level job. This will help you to understand various areas of business.
To advance in their careers, professionals in the human resources field are encouraged to earn a professional certificate from a reputable organization in order to advance in the field. Such organizations that offer the certificates include Society for Human Resource Management or Human Resource Certification Institute in Hong Kong.
The average salary for an HR managers in Hong Kong is about HK$499 738.
- Medicine and Dentistry
Within six months of graduation, 99% of medicine and dentistry graduates land a well-paying job, except they are going for further studies. Graduates of medicine and dentistry are not just in high demand in Hong Kong, but all over the world.
However, it does not come on a platter of gold. Studying medicine and dentistry is one of the hardest undergraduate journeys. It requires hard work, dedication and sleepless nights, but the effort is worth it in the end.
To become an expert in this field, you will have to undergo six-year training in the medical faculty, then, proceed to take up an internship in a hospital, working across different areas. Registration with the Medical Council of Hong Kong is very necessary to qualify you.
Doctors earn, on the average, HK$1 000 000 per annum.
- Architecture, Building and Planning
Students studying architecture find themselves learning a variety of courses like math, arts, technology and science. But then, obtaining a degree in architecture sets you up for a variety of courses. This would take through a five-year course in the university. You could specialize in numerous fields which include commercial building, residential architecture and urban and regional planning. The prospects for graduates in this field are invaluable. Within six months of graduation, 90% of graduates secure a full-time job.
In most cases, graduates of architecture choose the route of self-employment or get employed in big companies with mouth watery salaries. However, it could take you two years to undergo some of the job training to get hands-on experiences. You will also need to register with both the Hong Kong Institute of Architects (HKIA) and the Architects Registration Board of Hong Kong (ARB).
The average salary for an architect in Hong Kong is HK$475 994.
Mathematics graduates are hot cakes in the employment world. They have great chances of being employed after graduation. As such, they earn pretty high salaries. Their roles are usually very beneficial to IT or financial industries.
As a math graduate, you could also choose to teach after graduation. Math teachers are in high demands in Hong Kong. So, if you did not find yourself in IT or financial sector, you could try the education sector. Chances are you could build an enviable career as a teacher. Nothing gives joy like teaching the countries future mathematicians, scientists, engineers, physicists, and so on. It also gives fulfillment.
The average mathematician salary in Hong Kong is HK$750 818 per annum.
What is it like to work in Hong Kong?
Attention is gradually shifting towards the East. The economy is booming, shooting the employment rate upward. Hong Kong, even though it is a minor country in Asia, plays a remarkable role in maintaining the Chinese economy with an unemployment rate of 3.4%. Numerous students head towards this ‘Asian Tiger’ after graduation in search of greener pastures.
The country is an important centre for financial and international trade. Graduates in the fields of accounting, law, finance, engineering, IT, and others are strongly favored here. Though graduates with only English as their official language find it easy to land a good job in Hong Kong, it is necessary for them to learn the basics of Cantonese. Mandarin is not widely spoken, but just used in some business communication or other fields of expertise.
Some multinationals have their offices in Hong Kong and this makes job search a very easy one. It is also better to apply with companies that you are familiar with or in your area of expertise.