Top 10 Most Demanding courses to study in 2024
Are you confused about which direction you should take in the coming journey of your life?
Choosing a career is the most pivotal and perplexing decision of one’s life. This one single decision can either shape your career or break it.
For sure, choosing a career is daunting, it is not only about a good salaried job, or making money, but something that gives you a purpose in life.
Don’t worry, we all have been there when we couldn’t figure out what to do with our lives, whether to pursue business, legal route to law, go to academia, or go for the dynamic field of technology, computers, and data.
If you are still deciding and want to make this decision based on the top demanding courses then, here is the list of the top 10 most demanding courses in India in 2024.
1. Data Science
Data science is the study of data, to extract meaningful information from multidisciplinary fields like mathematics, artificial intelligence, and computer engineering that analyses large amounts of data. The field is extremely dynamic and requires your utmost undivided attention to details and numbers. There are four ways data is used, descriptive analysis, diagnostic analysis, predictive, and prescriptive analysis. This data helps the company to make meaningful decisions regarding what is happening in their company through analysis and future predictions. In the real world, some of the applications of data science are in advertising and marketing, pharmaceutical research, E-commerce, healthcare, and more.
There is a huge demand for data scientists in the market owing to the nature of problem-solving. Students who have an affinity towards numbers, research, programming, and data are good at analytic thinking, and have problem-solving skills can pursue this course. According to the estimates of Glassdoors, the average salary of data scientists is 14 lakhs LPA.
2. Artificial intelligence
Artificial intelligence has become a carnival for new technologies. In the contemporary world, artificial intelligence is used in almost all industries. Whether in science and research where huge amounts of data can be processed in less time. Drugs and biotechnology are some areas where artificial intelligence helps scientists in many ways. Apart from this, there are other industries like cyber security, data analysis, transport, home, and health care all have been leveraging the advent of artificial intelligence.
With this, future career prospects also grow in the field of artificial intelligence. According to the report by the World Economic Forum titled, “The Future of Jobs Report”, over 75% of companies are looking to adopt technologies. The same report also suggests that the demand for Artificial intelligence and machine learning specialists will see a growth of 40%, that is, 1 million jobs. This data is enough for you to know the demand for this course. According to estimates and data from Glassdoor, the average salary of artificial intelligence is around 10 LPA.
3.Cyber security
With the progress in technology and growth in the digital landscape, attacks on critical infrastructure are unavoidable. According to Ernest and Young, the latest Global Information Security Survey (GISS) 2018-19 Indian edition, mentions that “India detected one of the highest cyber threats, and in terms of targeted attacks, India ranked 2nd. Cybersecurity protects information systems from cyber-attacks and a job profile becomes extremely important.
In cyber security, there are various fields that you can specialize in: data security, application security, and network security. According to the head of “Microsoft philanthropies”, there would be around 3.5 million open roles in cyber security. The kind of work profile one has in cyber security is sure to only grow in the future, thus ensuring your career is stable and in demand in the professional world. The average salary of the cyber security engineer is 7 LPA.
4. Digital Marketing
Post-COVID, Digital marketing is on the boom, every business owner has realised its significance and is trying to use it to their fullest potential. With everything becoming digital, marketing has become an absolute necessity. Businesses, whether small or big have understood that it is important for them to leverage digital channels. Using digital spaces and channels with strategic tactics to create a marketing plan for a business is digital marketing.
According to Statista, as of October 2023, there are around 5.3 billion internet users worldwide, which is 65.7 % of the total global population. In this, 4.9 billion, or 61.4 % of the people were social media users. All this data is enough for you to know the future scope of digital marketing and why it is going to be one of the most demanding courses. According to the estimates, the average salary of the digital marketing manager can range from 5 LPA to 14 LPA.
5. Software Developer
Software developers create software to meet the needs of a system by employing various methods like designing, testing, creating, and maintaining software programs. It has been one of the most demanding careers for a long time, and the trend does not stop. In fact, according to the Bureau of Labor Statistics (BLS), between 2020-2030, opportunities in the software development industry will see a growth of 22%.
Also, as per Opportunity Desk, even in 2023, the demand for software engineers increased by 17% across all industries. The reason is that everything is getting digitized, and in this digital landscape, these developers bring life to ideas through their applications. If you have a passion for engineering, have skills such as problem-solving, and can engage in continuous learning, a software developer course will be the perfect option for you. The average salary for software developers is around 8LPA.
6. Accountancy
All businesses, regardless of their scale, need accountants to keep a tab on their numbers. For those who want a future in finance and accounting, there are a majority of fields within which they can choose. Students can choose public accounting, corporate accounting, government, or finance accounting. Apart from this, one can also choose to specialize in industries like healthcare & technology.
According to EMSI, Economics Modeling Specialists International, there were over 1.3 million accounting jobs in 2021. Over the next ten years, this number is expected to grow by 6.1% making it over 1.4 million jobs. These reports signify a prosperous future for those considering accountancy as a career. The average package that a chartered accountant has is 8 LPA to 12 LPA.
7. Blockchain Developer
According to Investopedia, “A blockchain is a distributed database or ledger shared among a computer network’s nodes”. In this system, the database recordings appear on multiple computers at the same time. In today's scenario, blockchain is used to solve various purposes. Recently, the governments of Andhra and Telangana have started using blockchain to keep land recording and now the proposal is to use blockchain in voting.
Blockchain developers are known as the future of finance. Their demand in the society is extremely high. According to the estimates of Glassdoor, the average salary of blockchain developers is around 7LPA.
8. Business Analytics
With the rise in data, the demand for data analyzers is also growing. There is a lot of data available on the internet and it needs to be properly analysed to extract meaningful insights into the trends in the market. To be able to become a business analytics one needs to have strong technical skills.
The demand for business analytics in the market is huge, with endless opportunities and career growth. They play a pivotal role in the future development of the company by analysing data and predicting the fortune of the company in advance based on data and numbers and giving solutions for the betterment of the company. The average salary of business analytics in India is around 8.5 LPA.
9. MBA in Entrepreneurship
The startup and business culture in India is growing on a massive scale. This programme is for students who want to opt for profiles such as business consultants, business journalists, and fundraisers or those who can convert their ideas into services and products. It is a two-year degree programme that enables students to build a perspective in managerial supervisory skills.
After the degree and acquiring all the relevant skills, students can start their businesses or go into jobs to gain some real-world experience. The average salary of the MBA in Entrepreneurship is around 10 LPA to 12 LPA.
10. Animation
Animation courses are in huge demand with the rise of digital literacy and the rise of social media, the animation industry is undergoing massive transformation. This transformation is mostly led by the growth of artificial intelligence and other coming technologies. Animation is the study of designing, drawing, and making videos of graphic pictures. If you don’t know, the top most-watched YouTube channels in the world are Children’s rhyme channels which are animated. There are various types of animation like traditional animation,2D animation, 3D, and Motion graphics.
According to the report of data bridge market research, during the forecast period, the market value of the animation industry will reach the heights of USD 481,998.66 million by 2029. The average salary a person can expect after an animation course is around 7LPA.
Conclusion
The above-listed courses are the top 10 most demanding courses that students can choose to study in 2024. However, before you jump to any conclusion, it is important to understand your interests and skill sets to be able to make full use of the course you apply for.