Decades ago, our career options were extremely limited and so were the opportunities to do what interests us. But today, technological advancements and innovations have given birth to novel industries, and new-age business models have replaced the old ones. Hence, we are seeing an array of emerging career options that didn’t were virtually unheard of five years ago!
In 2021, we have endless possibilities for a successful career in many fields, from, digital marketing, new age banking & finance and state-of-the-art technology. Here’re the top five career options for those who want to be at the forefront of this unprecedented evolution:
New-age Bankers
New developments have transformed the BFSI landscape. Their ever-expanding range of services has resulted in immense demand for new age bankers who specialize in Macroeconomics, Wealth Management, Financial Analysis, Ratios, Retail and Corporate Banking, Capital Management, Cryptocurrencies, RPA, Risk & Compliance, and other such subspecialties. Professionals, skilled in the aforementioned skills, are sure to thrive in their careers in 2021 and beyond.
Digital Banking Managers
The banking business has teamed up with digital technology, providing better and faster services to their customers. While millennials welcomed it when it came into existence, now, after the COVID-19 pandemic broke out, customers of all ages are using digital banking services to avoid contact and overcrowding. According to Wells Fargo Securities Analyst Mike Mayo, what we’re seeing is the greatest acceleration of Digital Banking in history, and what’s taken place over the last few months may have taken place over 2-10 years if the pandemic had not come along. As a result, there is a growing demand for digital banking managers to keep pace with the relentless digitization in the global BFSI sector.
Cloud Architect/Cloud Developer
An O’Reilly report released in January 2022 titled ‘Cloud Adoption in 2020’, revealed that over 88% of organizations were already using cloud infrastructure in some form. The rise of work-from-home culture in the wake of the pandemic led to wider adoption of cloud technology across the globe. Cloud computing is expected to be one of the fastest-growing technologies with the industry reaching USD 832 billion by 2025. With a massive surge in demand for cloud-based services, cloud architects and cloud developers are destined to be one of the most sought-after professionals in the upcoming years.
AI/ML Engineer
Over the past few years, AI has been evolving and expanding its territory. It is present in almost every aspect of our lives, right from navigation systems to entertainment devices, making an AI specialist a critical resource for every business in any scenario. The World Economic Forum (WEF) expects AI to create 133 million jobs by 2022. Machine Learning (ML) has also taken the world by storm as businesses begin to learn and harness its full potential. ML engineers are in high demand as companies rely on their expertise to reinvent business models to suit the current global scenario.
AI Marketing Analyst
Technological advancements have kept the marketing landscape constantly evolving. However, the one technology that has been redefining digital marketing is AI. It has been providing marketers with insights into customer’s preferences and opinions, helping them create marketing campaigns that lead to more conversion and sales. With more businesses leveraging the power of AI to improve marketing performance, AI marketing analyst is going to be one of the most in-demand jobs of this decade.
Today, both existing and aspiring professionals have a myriad of career options laid out before them. All you need to do is simply upskill and reskill yourself with relevant skills continuously to make yourself more employable and stay on top of the market.