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10 new career options that have opened up in the past decade that your child can consider

By Finserv MARKETS - Aug 3,2019
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10 new career options that have opened up in the past decade that your child can consider

As robots, automation and artificial intelligence perform more tasks and there is massive disruption of jobs, a wider array of education and skills-building programs are needed to meet new demands. The job market has arguably changed more in the last decade than in the previous half-century due to modernization and automation.

As George W. Crane aptly said, “There is no future in any job. The future lies in the person who holds the job”. Knowledge is power, and in unfamiliar territory, you need to be proactive in educating yourself about the new career options that have opened up for your child.

According to a recent survey on career option awareness among Indian students by Mindler, an astonishing 93% of the students aged 14 to 21 were aware of only seven career options. However, there are more than 250 different types of career options available in India.

10 new career options that have opened up in the past decade that your child can consider

Career options of being civil engineers, registered nurses, and computer system analysts already exist today. Yes, many of these jobs will still exist in the future, but every one of them will morph and change as we usher into the era of digital technologies and communication systems.

In the meantime, you can do your best to provide a stable financial foundation for your child to embrace future learning and innovation. Here are 10 new career options that have opened up in the past decade that your child can consider:

  1. Photonics: This course is a mix of optical technology and electronics. The study deals with photons, the elementary particles of light, and helps you master the techniques of emission, detection, transmission and modulation of light. Those who have an immense interest in science and are curious to know more about it are best suited for this course. A photonist can work as an engineer, scientist, researcher and professional officer in many companies and government offices. The work will also give you an opportunity to design photonic equipment. Due to lack of specialists in this field, photonics specialists are in great demand globally.

  1. App Developer: As demand surges for apps to run on operating systems like iOS and Android, companies are faced with a dearth of talent with the skills to develop for mobile devices. This means fresh opportunity for programmers and developers to break into a booming market.

  1. Market Research Data Miner: As customer information becomes more and more vital to the retail experience, businesses are compiling data in droves and hiring experts to make sense of it. From different datasets including structured (transaction), semi-structured (user behavior) and unstructured (text) information, data analysts and scientists look for behavioral patterns to help retailers and businesses predict future trends or to build recommendation engines or personalized advertising. It is a helpful knowledge set for someone hoping to manage large amounts of data and potential data-minded candidates could include library science majors, researchers, engineers or applied scientists.

  1. Public Health Entomology: It is a field of study focused on insects and arthropods that impact human health. The job also includes research on behaviour and ecology of various such species. A person in this field gets a good chance to meet and connect with local and state officials. Many universities, government agencies and chemical companies look for people to hire in this field.

  1. Gerontology (Elder Care): It is the study of the social, psychological and biological aspects of aging. It focuses on physical, mental and social changes in people as they grow old. A person interested in this field can start his/her career by volunteering or working with NGOs and community service agencies. Many private companies, healthcare agencies, old age homes and nursing homes look for specialists in this field. Between legal concerns, staffing at residential facilities or consultants hired to facilitate end-of-life issues, jobs in this area are expected to increase. People who have an understanding of the increasingly complex healthcare system in addition to an interest in comfort care are well suited for these roles.

  1. Museology: As the name suggests, it is the study of museums and their role in society. It offers you the knowledge of managing museums and museum collections. The course is connected to Archaeology and one needs to have a good knowledge of history and culture to opt for this profession. How interesting it would be to know the rarest of facts about the country, right?

  1. Social Media Manager: Making the most of online communities, what we generally refer to as ‘social networks’, has become an integral part of businesses from small coffee shops to behemoths like Microsoft and Amazon. They employ social media managers in their marketing and advertising departments since there has been a big shift in how these companies communicate with their customers. A new wave of marketing strategists are, thus, needed to help companies leverage their social audiences through targeted marketing.

  1. Cloud Computing Services: The term ‘cloud computing’ has been adopted by everyone from Microsoft to small start-ups. Companies are increasingly looking for database managers, engineers and strategists for storing and indexing massive amounts of data, for instance, petrabytes (one quadrillion bytes) of information!

  1. Smart-home Architect/Designer: With expanded investments and continued technological improvements, there has been a sales-driven market revolution surrounding connected homes. As the ‘smart-home’ concept continues to evolve, a new wave of architects would be tasked with designing smart homes and to engineer how these homes could be integrated with the next-gen tech. Think ‘outside the house’ in the era of smart home automation!

  1. Sustainability Expert: A degree in environmental science or business management major would prove useful in the new ‘green’ roles as they often require developing new workflows to increase productivity while lowering the carbon footprint of a business. Environmental leadership majors are on the rise since we are now adopting a culture that values recycling and waste reduction, sustainability evaluation and simply being green.

While bringing up your little one, you would want the best for him/her. You can help your child achieve his/her career aspirations and long-term goals with the help of mutual funds, available on Finserv MARKETS, since they offer ease of investing, transparency and tax efficiency.

Automatic deposit, systematic withdrawal, dividends, short-term savings, long-term savings, and nearly limitless investment strategies make mutual funds, available on Finserv MARKETS, the best overall investment type for both beginners and advanced investors.

By investing in affordable and flexible mutual funds, available on Finserv MARKETS, you get instant diversification that aligns with your financial goals and tolerance for risk. Thus, mutual funds are accessible, affordable and a smart investment choice for your child to achieve his/her career aspirations since they have low minimum initial investment requirements. Visit the Finserv MARKETS website and know more about the liquid and less volatile mutual funds with just one click away.

Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!

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