If you're starting with your career and looking for an entry-level job, it's understandable to look for a job that pays well.
There has been a preconceived notion that an entry-level job pays peanuts. While that was usually the case, with the innovation in technology and the inception of online businesses, some entry-level jobs pay handsomely well.
You just have to know how to find them.
As the economy is seeing a consistent rebound growth after the pandemic, the total employment rate in the USA is projected to grow by 7.7% from 2020-2030, according to data from the Bureau of Labor Statistics.
If you want to get your hands on high paying entry level jobs, we can help you with a list of top paying entry level jobs in 2023.
What Are Entry-Level Jobs?
Usually, an entry-level job sits at the bottom of the career ladder.
It's not necessarily the lowest-paying or least prestigious job on offer—it just doesn't require as much experience to get hired for it.
Entry-level positions are usually targeted at recent graduates who have only recently been out of school, or they're open to people who have been out of school for a few years but haven't had the time to gain related work experience.
Entry-level positions can be good stepping stones on your way up the corporate ladder if you're willing to put in the time and effort required to learn new skills and take on more responsibility over time.
Top 20 Highest Paying Entry Level Jobs
While the entry level job you get entirely depends on your skills, interests, education, and opportunities, here are the top 20 high paying entry level jobs that might interest you.
However, for most jobs, you need relevant skills and education.
1. Data Scientist
Average Salary: $93,167 per year
Responsibilities:
Data scientists collaborate with stakeholders to understand business goals and determine patterns in data that can be used to extract useful information to achieve business goals. In order to do this, they must be able to read and interpret a variety of data sources, including text, images, audio, and video.
Data scientists also develop algorithms that can help solve problems related to the business's goals. For example, if a company wants to increase sales by 10%, a data scientist may develop an algorithm that uses past sales data to predict future sales based on changes in weather patterns or advertising campaigns.
Essential Skills:
- Statistical Analysis
- Machine Learning
- Computer Science
- Programming
- Data Storytelling
- Business Intuition
Requirements:
Data scientists typically have at least a bachelor's degree in computer science or mathematics; however, many companies accept candidates who have earned only an associate's degree or even less education in these fields.
Also Read: How to write a data scientist resume?
2. Software Engineer
Average Salary: $76,882 per year
Responsibilities:
Entry-level software engineers are responsible for working on all aspects of the company's software, including creating and implementing new features, debugging and testing existing code, and working collaboratively with other members of the development team to ensure that new projects meet the company's standards.
Given below are some responsibilities of a software engineer:
- Attend daily stand-up meetings and learn about the codebase to improve your coding
- Assisting senior engineers in writing and maintaining code
- Fix bugs and monitor the technical performance of systems
- Respond to the development team's requests
- Collect and sort out customer's feedback to implement improvements
- Writing test scripts and conducting development tests
Essential Skills:
- Front-end Development
- Back-end Development
- Code Reviews
- Technical Documentation
- Feedback Collection
- Programming
- Data-structure & Algorithm
- Object-oriented Programming
Requirements:
Software engineering roles typically require a bachelor's degree in computer science. However, with the increased number of self-taught programmers, the education criteria are getting more and more optional. If you have basic coding language knowledge and have some projects in your hand, you can apply for an entry-level programming job.
Also Read: How to write a software engineer resume?
3. Product Manager
Average Salary: $62,354 per year
Responsibilities:
Product Managers are responsible for coordinating the development of new features for products.
They work with product development teams to identify which features should be developed and when, and the resources required to build those features. Product Managers also help create roadmaps that lay out which features will be built over the next few months, quarters, or years.
Product Managers are also responsible for managing resources like budgets and timelines during the development process so that a project stays on track while still meeting its goals. They must also keep up with industry trends so they can adapt their roadmaps accordingly and stay ahead of competitors' products by offering innovative solutions before they do.
Skills:
- Product Management
- Competitive Analysis
- Product Design
- Market Research
- Product Strategy
- Project Management
Requirements:
A bachelor's degree in computer science, business management, marketing, or a related field is necessary to become a product manager. Along with that, any project management certification will increase your chances of getting a product management job. Apart from that, you need to have excellent communication skills.
Also Read: How to write a product manager resume?
4. Business Analyst
Average Salary: $55,793 per year
Responsibilities:
The business analyst must have an in-depth understanding of the company's goals and objectives. They are responsible for working with business stakeholders to understand their needs. Once they have gathered this information, they will be able to develop a solution that meets those needs.
Here are some responsibilities of a business analyst:
- Understand the business process, understand requirements, and identify the area of improvement.
- Perform business process reviews to optimize business operations
- Conduct regular meetings with stakeholders to share ideas and findings
- Document the business analysis process and findings for future reference
- Collaborate with cross-functional team members to gather critical business information to improve business processes
- Perform user acceptance tests and develop project plans for monitoring performance
Essential Skills
- Business Process
- Project Management
- Data Analysis
- Software Development
- Scrum
- Data Warehouse
- Process Flow Diagrams
Requirements
A bachelor's degree in business or a similar field is required to become a business analyst or an MBA. Apart from that, excellent communication skills, interpersonal skills, and conceptual thinking skills are required to become a business analyst.
Also Read: How to write a business analyst resume?
5. Financial Analyst
Average Salary: $56,203 to $68,403 per year
Responsibilities:
A financial analyst is someone who studies financial information and data to determine the value of a company or investment. They may also conduct market research to help companies determine what products are likely to be popular with consumers or how to price their services.
Financial analysts provide guidance for businesses and individuals making investment decisions.
Financial analysts often work for banks, hedge funds, insurance companies, or other financial institutions.
Given below are some of the job descriptions of a financial analyst:
- Analyze financial data and research macro & microeconomic situations to determine future strategies
- Evaluate capital expenditures and profits
- Identify financial trends and conduct risk assessments to come up with sound financial strategies
- Provide recommendations to stakeholders based on financial trends to maximize profit
Skills
- Financial Statements
- Financial Models
- Variance Analysis
- Customer Service
- Data Analysis
- Pivot Tables
- Annual Budget
- ERP
- Financial Management
Requirements
Financial analysts typically have a bachelor's degree in finance or economics. They may also be required to have CFA certification or another type of professional designation from an organization like the Financial Industry Regulatory Authority (FINRA).
Also Read: How to write a financial analyst resume?
Other Entry level profiles that Pay Handsomely are:
6. UX Designer
Average Salary: $91,027 per year
7. Marketing Associate
Average Salary: $40059 per year
8. Investment Banking Analyst
Average Salary: $76,541 per year
9. Social Media Manager
Average Salary: $71,177 per year
10. HR Associate
Average Salary: $53,980 per year
11. Systems Analyst
Average Salary: $77,964 per year
12. Sales Representative
Average Salary: $68,445 per year
13. Database Analyst
Average Salary: $62,401 per year
14. Java Developer
Average Salary: $81,972 per year
15. Paralegal
Average Salary: $43,685 per year
16. Customer Service Associate
Average Salary: $39,534 per year
17. Real-estate Agent
Average Salary: $57,162 per year
18. Accountant
Average Salary: $58,501 per year
19. Content Strategist
Average Salary: $63,264 per year
20. Web Developer
Average Salary: $67,828 per year
Conclusion
Starting off your career with handsome pay can be a bit difficult.
But now you have the list of high paying entry level jobs with no degree. Identify the job you're best suited for and apply for it.
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