If I want to have a high income, are management jobs or having my own company the only ways?

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Before anything, note that I have graduated not long ago, so what I say may be biased or incomplete - which is why I am here.



My situation:



  • I am 26.

  • I have a double-degree from a top French engineering school and a top 10 US university.

  • I have worked as a 3D Vision engineer for a couple years.

  • I am now doing a PhD (in my first year) in 3D Vision / Artificial Intelligence in a famous French research institute.

  • I am fluent in English / French / Portuguese / Spanish.

My question comes from the fact that, once I finish my PhD, my expected initial salary seems to be about 45k€ at best where I work now - while people in other domains (e.g. consulting / medical field) or countries (UK / US) seem to earn way, way more. Even worse, the salaries of some people in the government or executives in public companies just make me outright sick (400k€+).



So my conclusion is that - unfortunately - if I stay working as just an engineer, I will hardly ever have a high income (100k€+ ?).



The only ways out I can think of is either to go for management jobs (maybe an MBA?) or to have my own company - and the sooner the better, as people who are in executive positions do not seem to have worked for a long time in technical positions.



Am I missing something obvious here?



PS : As a sidenote, France seems worse than the US tax-wise and investment-wise (higher taxes and stingy investors, no options as good as the 401(k)).









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    up vote
    0
    down vote

    favorite












    Before anything, note that I have graduated not long ago, so what I say may be biased or incomplete - which is why I am here.



    My situation:



    • I am 26.

    • I have a double-degree from a top French engineering school and a top 10 US university.

    • I have worked as a 3D Vision engineer for a couple years.

    • I am now doing a PhD (in my first year) in 3D Vision / Artificial Intelligence in a famous French research institute.

    • I am fluent in English / French / Portuguese / Spanish.

    My question comes from the fact that, once I finish my PhD, my expected initial salary seems to be about 45k€ at best where I work now - while people in other domains (e.g. consulting / medical field) or countries (UK / US) seem to earn way, way more. Even worse, the salaries of some people in the government or executives in public companies just make me outright sick (400k€+).



    So my conclusion is that - unfortunately - if I stay working as just an engineer, I will hardly ever have a high income (100k€+ ?).



    The only ways out I can think of is either to go for management jobs (maybe an MBA?) or to have my own company - and the sooner the better, as people who are in executive positions do not seem to have worked for a long time in technical positions.



    Am I missing something obvious here?



    PS : As a sidenote, France seems worse than the US tax-wise and investment-wise (higher taxes and stingy investors, no options as good as the 401(k)).









    share







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    Adr is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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      up vote
      0
      down vote

      favorite









      up vote
      0
      down vote

      favorite











      Before anything, note that I have graduated not long ago, so what I say may be biased or incomplete - which is why I am here.



      My situation:



      • I am 26.

      • I have a double-degree from a top French engineering school and a top 10 US university.

      • I have worked as a 3D Vision engineer for a couple years.

      • I am now doing a PhD (in my first year) in 3D Vision / Artificial Intelligence in a famous French research institute.

      • I am fluent in English / French / Portuguese / Spanish.

      My question comes from the fact that, once I finish my PhD, my expected initial salary seems to be about 45k€ at best where I work now - while people in other domains (e.g. consulting / medical field) or countries (UK / US) seem to earn way, way more. Even worse, the salaries of some people in the government or executives in public companies just make me outright sick (400k€+).



      So my conclusion is that - unfortunately - if I stay working as just an engineer, I will hardly ever have a high income (100k€+ ?).



      The only ways out I can think of is either to go for management jobs (maybe an MBA?) or to have my own company - and the sooner the better, as people who are in executive positions do not seem to have worked for a long time in technical positions.



      Am I missing something obvious here?



      PS : As a sidenote, France seems worse than the US tax-wise and investment-wise (higher taxes and stingy investors, no options as good as the 401(k)).









      share







      New contributor




      Adr is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
      Check out our Code of Conduct.











      Before anything, note that I have graduated not long ago, so what I say may be biased or incomplete - which is why I am here.



      My situation:



      • I am 26.

      • I have a double-degree from a top French engineering school and a top 10 US university.

      • I have worked as a 3D Vision engineer for a couple years.

      • I am now doing a PhD (in my first year) in 3D Vision / Artificial Intelligence in a famous French research institute.

      • I am fluent in English / French / Portuguese / Spanish.

      My question comes from the fact that, once I finish my PhD, my expected initial salary seems to be about 45k€ at best where I work now - while people in other domains (e.g. consulting / medical field) or countries (UK / US) seem to earn way, way more. Even worse, the salaries of some people in the government or executives in public companies just make me outright sick (400k€+).



      So my conclusion is that - unfortunately - if I stay working as just an engineer, I will hardly ever have a high income (100k€+ ?).



      The only ways out I can think of is either to go for management jobs (maybe an MBA?) or to have my own company - and the sooner the better, as people who are in executive positions do not seem to have worked for a long time in technical positions.



      Am I missing something obvious here?



      PS : As a sidenote, France seems worse than the US tax-wise and investment-wise (higher taxes and stingy investors, no options as good as the 401(k)).







      management salary france





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