Explore A Bright Future For Your Child – Top Careers In 2020

As another year of rapid change passes and the shadow of recession lifts slowly, a slew of new careers are waiting to be explored in the new decade. How is it going to unfold for your children who will stand at important crossroads in 2020? What kind of career options will they have? As we grow into an information-driven society and technology advances, Generation 2020 will find itself caught in a brain race. The youth of the future are likely to consider becoming space architects or genetic counsellors, careers that we can only dream of at this point in time.

Let’s take a look at some careers of the future.

1. Healthcare:
Healthcare involves the diagnoses, treatment and care of people, whether newly born, terminally ill or the elderly. The scope of this field has remarkably evolved over the last few years due to increasing investments, growing hospital chains, changing lifestyles and longer life spans. Apart from the traditional areas of medical practice (physicians, dentists, ophthalmologists, cardiologists etc.), careers such as hospital administrators, health technologists and technicians and medical research will see a surge in the long term. Nursing as a profession, will also evolve owing especially to rising numbers of the aged population striving for a better life. The latest additions to the series of upcoming careers in this field are those in brain analysis and genetic counselling.    

2. Wealth-care:
Though the finance sector was badly hit by the recession, the clouds have slowly begun to shift and make way for new vistas. People’s earnings are on the rise and so is their willingness to take risks with their money. That being the case, there is a need for professionals who understand, explain, save and multiply people’s money for them. This opens up doors to careers in financial/investment advisory, risk management, wealth management, and corporate finance.

3. Engineering
With boundless innovation in technology, careers unheard of until now are being touted as options for the new generation. Move over computers and telecommunication engineers, your children will specialise in fields such as robotics, teleportation, simulation and space tourism.

4. Education:
Education is another field where investments are pouring in. Also, it is gradually taking a global as well as commercial avatar. As more foreign universities collaborate with Indian educational institutes and organisations, the latter have begun to move towards organised recruitments. Apart from the traditional positions such as chancellors and vice-chancellors, positions such as CEO and COO are also making way into the system.

As teaching methods continue to reform, the ‘e’ word has already made its way into teaching methods. Thus educational content developers will gain increasing importance in the years to come.

5. IT:
An intelligent network has become a necessity for any setup. Therefore web and system analysts, designers and developers will continue to remain in demand and will be required to undertake increasingly complex profiles. So will software designers and developers, web consultants and information mangers. Also, parallel programming is a relatively new career, likely to become popular in the years to come.  

6. Green Jobs:
The pressure of demand on depleting resources is only likely to increase manifold in the future. In such a scenario, we will need people who can come to our rescue; people who specialise in ‘resource recycling’ and ‘intelligent infrastructure’. So when your children grow up, you may see them working on jobs involving renewable energy, biogas, solar and wind power systems, environmental products and services and so on. Other areas include research and development, manufacturing, consulting, energy generation, energy efficient buildings and construction and project design and implementation. Sustainable environment-related fields are expected to lure future job seekers in huge proportions, akin to what IT did a decade ago.

7. Biotechnology Jobs:
Another sector likely to see high growth is biotechnology, which will also create several jobs in the fields of manufacturing, sales, research, development and so on. Careers options in this area include drug discovery, cell therapy and tissue engineering, bioinformatics, clinical research, intellectual property, bioanalytical chemistry, plant engineering etc.  

8. Agriculture and other Agro-based careers:
Despite making progress in several sectors, agriculture continues to be an important source of income in India. The advent of agricultural technology is expected to foster growth in agriculture and other agro-based sectors. There is and will continue to be ample scope for making successful careers in floriculture, spices processing, pharmaceutics, dairy, fruit and vegetable, meat and fish and other food processing sectors. Also, several job seekers are expected to opt for the relatively less explored organic food and beverages industry.

9. Nanotechnology:
Nanotechnology is fast becoming popular and offers plenty of career options in fields as varied as medicine, engineering, cosmetics, computer hardware and software, robotics, defence, research and development and so on.

10. Other Opportunities:
a) Experimental Petrologist: These are people who study the evolution and formation of rocks on other planets.  
b) Realiser: A realiser creates real versions of virtual objects.

c) Weather Modification Police: These people supervise over those who produce iodine induced rainfall from passing clouds. They are responsible for controlling the iodine quantities used for weather modification.
d) Unplugger: This is a mental health professional responsible to help wean people from excess technology dependence.

These are the promises that the future holds for today’s children. It seems like a difficult path to tread, but then it always is and cannot be any different. One thing is for sure though, given the immense scope for exploring a wide array of career choices, providing your child the space for self exploration is imperative.

Also your child’s future education and success depends on how well you plan today.
Be prepared and everything will fall into place. One such device that can help you get started is the Aviva Educost, which enables you to calculate the cost of future education and know the amount you would need to invest today for achieving required corpus.

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