Job & Career

Is Basic Industries A Good Career Path?

Shahnawaz Alam

Job & Career

Published on: Dec 16, 2022 Last Updated on: Feb 22, 2024

Is basic industries a good career path? Yes. But, yes is not enough to answer your serious questions.

When choosing a career option, people look for a good salary, different benefits, learning opportunities, and the security of working in a stable and indispensable industry.

If you work in the basic industries, you expect all the benefits of working for a growing and stable industry. Also, the salary and security of your profession are high.

But what is the basic industry? What are the opportunities for working in this industry? What are the different benefits? This article contains all the information you want on your query.

What Are Basic Industries?

The basic industry is one of the most stable industries to have a job in. these industries provide raw materials for different manufacturing industries producing necessary consumable products. Their process often includes the following:

Developing ideas for new materials.
Exploring them.
Processing them to be used in the manufacturing industries.

Working in the basic industry requires lots of technical expertise and work. Some basic industries also pose some threats to the environment; that is why it is necessary for the people working in these industries to follow the necessary safety precautions.

However, with the right temperament, skills, and hard work, it is possible to make basic industry jobs a successful career.

Is Basic Industries A Good Career Path?

Why should you choose a basic industry job? The reason is simple – this industry is growing and will keep growing. According to the statistics revealed by the U.S. Bureau Of Labor, this industry will keep growing.

Mining, an industry in the basic industries category, is supposed to grow by 12% between 2021 and 2031. More than 2.2 million jobs will be available in the agriculture sector. The basic industry is elemental to any economy.

According to the data of the U.S. Bureau Of Labor, there are currently 22262.92 jobs in the basic industries. This makes a 12.4% increase from the number of jobs in 2010. The number of jobs will also increase as we approach 2030.

The job opportunities in the agriculture, construction, and manufacturing industry will keep on growing. These reasons make basic industry jobs a reasonably viable option.

Different Types Of Basic Industries

So, if you were wondering which industries fall under the basic industry, then you should check out the section below. Here you can learn about different basic industries –

Agriculture Industry

Both underdeveloped and developing economies depend upon the agriculture industry. It is the most dominant and prominent example of the basic industries. Many working professionals are directly and indirectly connected to the agriculture industry.

This industry is the primary source of a country’s food. It offers raw materials to different food processing companies. The agriculture industry has a direct connection with a country’s economy.

Oil & Gas

There are three different segments of the oil and gas industry. It is also a big and important industry under the basic industries category. The three main categories in this industry are – midstream, upstream, and downstream.

Three of these different categories have their work divided. For example, the upstream companies discover gas and oil; the midstream firms work with oil transportation, processing, and storage. The downstream companies are involved with refining and removing impurities from the oil.

Mining Industry

The mining industry is also important among the basic industries. Wide varieties of work and activities require a professional workforce in the mining industry every year. The workers in this industry have to work with the exploration of minerals and readying them as raw materials for other industrial uses.

Paper And Pulp Industry

The basic industry also comprises paper and pulp companies. Although many believed this industry to be diminishing slowly, it continues to grow and thrive. Different firms use paper for packaging, making hygiene products, and tissue. This industry is also connected to the production of graphic papers used for newsprints.

Chemical Industry

Chemical transport is also an essential part of the industry, ensuring the safe and secure delivery of raw materials and finished products. For those interested in this field, the chemical industry can offer a rewarding career path with opportunities for growth and development.

The chemical industry is also elemental to the growth and development of human civilization. The chemicals are useful during the transformation of raw material into chemical solutions or gases. Companies in the chemical industry can be categorized under three different categories. For example –

Basic chemicals
Specialty chemicals
And consumer chemicals

Chemicals in all three categories consist of paints, dyes, pesticides, detergents, soaps, and more.

Steel Industry

Human civilization cannot proceed further without the use of steel and irons. Steel is an alloy made using carbon and iron. Almost all industries producing any light to heavy good requires steel. It is the foundation of the modern world. Vehicles, ports, bridges, and many other materials require steel. If you are planning to get a job in the basic industries, the steel industry might be a proper fit.

Frequently Asked Questions (FAQs):-

Here are some similar questions and answers related to the basic industries. You may find them valuable.

Q1. Why Is It Called Basic Industry?

Ans: They call this industry a basic industry because it provides the basic and raw materials for the manufacturing of different consumable products. They offer machine tools, construction equipment, transport equipment, and more. The iron and steel industry falls under the basic industry category since they offer materials to almost all industries.

Q2. What Is The Importance Of Basic Industry?

Ans: Basic industries are companies that provide all the raw materials to different industries that require those products for the production of many different products. These industries are involved in the process of developing, discovering, and processing different types of raw materials.

Q3. What Is The Easiest Industry To Get A Job In?

Ans: When planning a career, you should look for stable industries that offer good job security and salary. Here are some recommendations you can check out –
⦿ Construction – 25,837 job vacancies.
⦿ Education – 12,317 job vacancies.
⦿ Engineering – 24,244 job vacancies.
⦿ Administration – 9,321 job vacancies
⦿ IT – 11,065 job vacancies.
⦿ Automotive – 9,321 job vacancies.
.Sales – 8,165 job vacancies.

Wrapping Up

When it comes to a stable career, the basic industries have the aspirants covered. The requirement for workers in mining, chemical, agriculture, and other basic industries will keep on increasing. So, is basic industries a good career path? I think you should have no doubt once you have read this article.

However, if you have any further queries, you can leave your questions in the comment section. We will reach you in a flash.

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Shahnawaz Alam

Shahnawaz is a passionate and professional Content writer. He loves to read, write, draw and share his knowledge in different niches like Technology, Cryptocurrency, Travel,Social Media, Social Media Marketing, and Healthcare.

What To Look For In A Boys’ Catholic School

As a parent, you might be thinking about whether to choose a boys' Catholic school for your son's high school education. A Catholic school allows your child to develop Catholic values and build a strong, positive bond with his peer group. It is important to understand how Catholic schools are different from public schools and know what the school has to offer before deciding on a Catholic school for your son. Catholic schools offer several benefits over public schools. Many parents decide to send their children to a Catholic school because it promotes Catholic religious practices and moral values. The private school environment and smaller classroom sizes can lead to a more comprehensive, personalized education experience than a public school setting. Also, an all-male school can help a teenager focus on his relationship with God and his studies. Since Catholic schools are private, they are usually smaller and have a smaller staff-to-student ratio than public schools. Parents might be required to pay tuition, but many Catholic schools offer financial aid. Finally, Catholic schools focus on religious education and community service, which most public schools don't. Furthermore, selecting an all-male school can help focus the learning environment on education and brotherhood. If you're interested in choosing a Catholic school for your child, here are several key elements to look for when considering a boys' Catholic school. Technical And Vocational Programs Examine what technical and vocational programs the school offers. Is your son interested in a specific field of study? Make sure the school offers courses in that field. You may want to choose a school strong in a particular area, like mathematics or technology if your son intends to pursue a career in a related field. Athletic Programs Your child's athletic skills might impact which school you choose. If your son excels in a sport like wrestling, basketball, or football, you might consider that when choosing what high school for him to attend. Schools well-known for a specific sport can help your high school student get into college on a sports scholarship. Take this into account when you're choosing the right Catholic school for your son. Clubs And Extracurricular Activities You'll also want to discover what extracurricular activities the school offers and ensure they fit your son's interests. Schools provide clubs and activities specializing in areas like: Chess Anime Debate and public speaking Musical instruments Performing arts and theatre Drawing or visual arts Foreign languages Science and technology Mathematics Mechanics and automotive Electronics and robotics Choose a school that offers extracurricular activities in areas your son is interested in, and he is more likely to be active and engaged at school. 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Students don't have to be Catholic to attend a Catholic school. Your son may be non-Catholic, but you prefer the small classrooms and superior education of a Catholic education. In this instance, inquire about the level of religious participation the school requires and make sure it aligns with your preferences. Committed And Involved Staff If possible, visit the school and meet the staff and faculty with your child. Are the staff and teachers friendly, interested in sharing information with you, and committed to creating a positive student learning environment? How does the faculty interact with your child? You should get the feeling that your son would be a good fit in the school's community and thrive in the environment. Choosing a boys' Catholic school is an important decision for a family to make together. Consider all the above points when evaluating boys' Catholic schools. When choosing a school, including your son in the final decision is essential. Discuss the schools you're contemplating and get feedback from your son before making the final decision on which Catholic school for him to attend. Evaluating these various elements before enrolling can help you make the best choice for your son. More Resources: How To Transfer Stocks From Robinhood To Webull? Should You Buy GMER Stock? Everything You Should Know

Best Paying Jobs In Oil/Gas Transmission | Best Guide To know

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You must know that a career in the oil/gas industry is rewarding both professionally and personally. But there is constant development in the industry, so if you want to get into this industry, you need to keep on the industry to know all the current trends. So there three main reasons are- the industry will exist as long as oil and gas will exist. Secondly, the industry pays well to its workers, and most importantly, if you are someone who loves to explore remote places. But there are a couple of disadvantages as well, such as you need to stay away from your family, and there are health risks as well. Best Paying Jobs in Oil/Gas Transmission Here are some of the best paying jobs in the oil/gas transmission. 1. Pipeline Testers This job is very important as pipeline testers are responsible for checking the pipelines and making sure that there is no problem or leakage. To get this job, you need to have the proper skills and qualifications. 2. Pipeline Engineer As the main purpose of oil/gas transmission is to transport oil and gas through pipelines, so this is the main work. And a pipeline engineer is the best paying job in oil/gas transmission. Someone who has a bachelor’s degree in petroleum engineering is qualified for the job role. There are also other engineers who are qualified for the job, such as Production Engineers, Drilling Engineers, and Reservoir Engineers. 3. Mechanical Engineer There is no doubt that this job is one of the most lucrative. They are responsible for drilling oil and gas, extracting and refining them, and designing different machines and instruments that can be used for drilling and extracting oil/gas. As mechanical engineers are an integral part of the industry, so they are one of the best-paid. 4. Pipeline Drilling Supervisor As the industry consists of pipelines and oil/gas, there is a need for pipeline drilling supervisors. There are one of the highest paying jobs. To get this job, you need proper qualifications and skills. They are responsible for supervising and monitoring the extraction of oil and gas. 5. Geophysicist Image Source The industry can not be fulfilled without geophysicists. They are responsible for finding the areas where the industry can find oil/gas. Secondly, they assist drilling engineers in extracting oil and gas. Thirdly, they also check and assist pipeline engineers as there is a need to check where the pipelines should go. There are other best paying jobs in oil/gas industry. Production Engineer Pipeline Mining Engineer Rig Operator 6. Project Manager This is a job role that is not just one of the best paying jobs in oil/gas transmission but also in other industries as well. The responsibility of project managers is to ensure the running of the entire project structure, in this case, projects related to oil and gas from the start to the end. Apart from that, project managers ensure projects are carried out within budget and various specifications and safety guidelines are met properly. Project managers are also responsible for monitoring communication between different groups. According to Money.com, “Project managers within the oil sector collaborate with engineers and technicians to ensure a successful operation. Thanks to ever-evolving technology, the role of a project manager has become even more important in the oil and gas industry.” 7. Drilling Engineer A drilling engineer is responsible for managing the rig staff and also carries out other works like assessment and maintenance of oil wells. They also have to ensure that safety measures are taken during drilling and rigging. Drilling engineers are also responsible for managing the financial and technical operations of a drilling project too. To work as a drilling engineer, you will need to have previous experience as a field engineer or production engineer. Having prior experience in the same field of work, you will have a better chance to work as a drilling engineer. 8. Natural Gas Engineer Natural Gas Engineers in the oil and gas industry develop, install, and maintain equipment and pieces of machinery to support plan equipment and design. Apart from that, these engineers are also responsible for maintaining the quality, safety, reliability, and sustainability of the equipment and machinery. If you want to work as a natural gas engineer, you will need to have a Bachelor’s Degree in Mechanical Engineering. Furthermore, having prior experience working in the development of machinery and equipment will help you further. 9. HSE Manager Also known as Health, Safety, and Environmental Managers, these managers play a major role in ensuring the occupational health, safety, as well as environmental impact of the facility. These individuals work on both onshore and offshore sites. Apart from that, these managers also develop safety management policies and training programs for better coordination. Additionally, they also investigate workplace incidents. 10. Production Engineer To become a Production Engineer, you will need to have a petroleum engineering degree. Here, you will need to design and choose equipment for post-drilling production at oil wells. Furthermore, you will also need to monitor the well’s efficiency and ensure its commercial viability. Qualifications And Skills To Get A Job In The Oil/Gas Industry So, if you think that getting into this industry requires a high qualification, then yes, this is right. If you want to be at the top paying jobs, then a master's degree in specific engineering degree is a must thing. Also, a bachelor’s degree with experience is accepted. But, an associate degree or high school diploma will help you to get jobs like sales manager, mechanic, industry worker, and others. But don’t worry about the salary. The industry pays more than your expectation. Frequently Asked Questions (FAQs):- Here are some interesting questions and answers that most people tend to ask. Q1. What Is The Highest Paying Job In A Refinery? Ans: When it comes to refinery jobs, then a project manager does the highest paying jobs in the industry. There are other jobs that also pay well, but in a refinery, a project manager makes a lot of money. The reasons are that they are responsible for looking over the entire project, how the project will end, the budget, safety guidelines, and maintaining any specifications. They also ensure that there is smooth communication between groups. Q2. What Transportation Jobs Pay The Most? Ans: Whether it is about oil and production or transmission, there is always a need for transportation. Without transportation, there is no way these industries can sustain themselves. So here are the highest-paying trucking jobs.∎ Oversized Load.∎ Ice Road Drivers.∎ Team Drivers.∎ Specialty Vehicle Haulers.∎ Mining Industry Drivers.∎ Private Fleet.∎ Hazmat Drivers.∎ Tanker or Liquids. Q3. Is Oil Gas Transmission A Good Career Path? Ans: Yes, oil gas transmission is a good career path. There are a couple of reasons for that. First of all, the industry is evergreen, and we need oil and gas in our everyday life, so there will be no stopping. Secondly, the industry pays well to its workers. And thirdly, you will get to work in remote locations and can travel a lot. And there are so many opportunities, so whether you have a higher degree or not, you will get a job if you have the proper skill. Final Words So, have you decided which job you want in the industry? There are so many ways to get one of the best paying jobs in oil/gas transmission. So, if you have worked in related fields, then you can easily get a job in this industry. If you have any queries, feel free to ask in the comment section below. Read Also: Is Auto Manufacturing A Good Career Path? Is Natural Gas Distribution A Good Career Path? Is An Investment Banker A Good Career Choice?

The Ultimate Guide To Academic Writing: How To Write With Clarity, Precision, And Authority

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The Evolution Of Investment Banking Career: Navigating A Career In A Transforming Industry

Careers in investment banking can be rewarding if you follow the correct process on your end. The allure of investment banking careers lies in their potential for high earnings and the diverse career paths they offer. Your persuasive communication skills and analytical power can open doors to the most sought-after career in investment banking. The industry's demand for investment graduates has never been higher, making investment banking careers a top priority. Do not suffer from a lack of skills in this sector. Although the hours of stress can be grueling at times, investment banking offers unparalleled opportunities for growth and learning. Not only does this career will offer you higher opportunities, but it also delivers you salaries, offers, and compensation. To get status and prestige. What Does Investment Banker Do? Most aspiring professionals in investment banking have this question in their mind: what to do?? So, now you will get the complete idea while meeting your needs with ease. Now, let's get into the details one after the other to have a clear idea of it. One more important caution for you if you want to build your career in investment banking. It is that if you like 40 hours per 40-hour-per-week flexible scheduling job, then it is not the right career path for you. Job Description Of An Investment Banker You must know the job description of an investment banker to fast pace your career in this field. So, let’s find out the JD of investment banking careers. The primary job role is Capital raising. Prospectus drafting. Book building. Initial Public Offering. Issuing & Selling securities. Doing investment meetings and roadshows. Acquisition & Divestitures, and lastly mergers. Offering Debt and equity advisory services. Delivering corporate restructuring. Pricing on bond markets and bond issuance. Mutual Fund, Pension Advisory service & Hedge fund. Investment Banking Internships Curriculum There are certain internship curriculum for becoming an investment banker that you must know about while reaching your career goals with ease. You need to identify the perfect bridge between your aspirations and reality. Well aware of the internship options before building your investment banking career. Try to win a full-time offer. Set clear goals for whether an investment banking career is for you or not. Start to develop a sequence of work experiences. So that you can answer the question to HR,” Tell me something about yourself.” How To Become An Investment Banker? There are certain factors that you must be well aware of if you want to become an investment banker. Some of the key processes that you should know at your end are as follows:- 1. Complete Your Schooling First You need to clear your schooling first with more than 50% of marks from a recognized board. After that, you can select the arts, science, and commerce stream based on your choices. You can benefit from selecting a commerce stream after studying mathematics, economics, accountancy, computer technology, and business. These are the subjects that can help you in performing your job effectively. 2. Pass College Entrance Exam To gain admission to some renowned colleges. You must sit for some competitive exams to get higher ranks at the state and national levels. There are entrance exams you can sit for after completing your senior college level. Here, you have to pass with a commerce degree to pursue your career as an investment banker. 3. Earn Bachelors Degree A bachelor's degree in finance is the most common one that you should be well aware of while developing your career in this field. Degrees in business administration, accounting, and economics can be perfect foundation for you to start your career in this field. 4. Obtain A Masters Degree MBA in Finance can offer you a competitive edge over the others. Especially if you offer a leadership role and come with a non-finance background, which is the best option for you. These programs will also offer you non-financing opportunities. Additionally, you must develop employee retention strategies in this field to excel in it. 5. Pass Licensing Exam You should pass specific licensing exams depending on the role in the bank you want to handle. The Series 79 ( General Securities Representative) it is one of the common requirements in the US. You need to identify the best solution that can assist you in meeting your career goals with ease. 6. Develop Some Technical Skills Most of the time, an investment banker will require the analytical and technical skills to flourish in their career. It includes financial modeling, valuation techniques, and financial statement analysis. The application of spreadsheet software, such as Excel, is essential. Develop remote work management to fix things up perfectly. 7. Improve Your Communication Skills Your excellent written and communication skills will help you to present complex financial information to clients and colleagues with ease. It is the fundamental requirement to flourish and excel in this career field. Ensure that you do not make your selection incorrectly. 8. Advance Your Soft Skills Investment banking is one of the fast-paced environments that you can do with strong teamwork. The ability to work independently and develop your problem-solving abilities. It will help you to do multiple tasks. What To Expect In An Investment Banking Career? Most aspirants have certain expectations regarding the salary scale and designation of an investment banker. You need to be well aware of it before proceeding with your career in this field. Let’s find out the details in this regard. DesignationAge GroupBase SalaryTotal SalaryPromotion Time FrameAnalyst22 to 27 yearsRanges from $100k to $125K$140 to $190KIt takes a maximum of 2 to 3 years time.AssociateFrom 25 to 35 yearsThe starting Salary ranges from $175K to $225K$225 to $425KThis offers 3-4 years time.Vice PresidentStarting from 28 to 40 years$250 to $300KStarting from $450k To $650KIt also offers a time frame between 3-4 years time.DirectorCommencing from 32 to 45 yearsIt ranges from $300 to $350k$550K To $750KYou will take 2-3 years timeManaging DirectorFrom 35 to 50 yearsSalary ranges between $400 to $600KStarts from $600 to $1300KNot Applicable here Is An Investment Banking Career Right For You? Most of the time, aspirants of investment banking have this question in their mind whether they have selected right career or not. The simple answer to this question lies in three important facts. Some of these facts that you should consider here are as follows:- 1. Are You A Data Driven Thinker An investment banking career demands analytical skills within the candidate. If you have the same skills with you, then you can prosper and flourish in this field. Investment bankers do not required to build their career in mathematics. You just require mathematics to make the calculations and create perfect financial models regarding pricing and models. 2. Whether You Are A Sales Minded Communicator Investment bankers who work in capital raising and help build startup businesses help with interpersonal skills and persuasive communication. Most of the time, investment bankers are required to be effective writers as well as communicators. To persuade correct information to their target audience. Consider the future of work to act perfectly. 3. You Need To Become Ethics & Compliance Leaders Finally, an investment banker is someone who strives to build knowledge and expertise of their clients in the client market. You must pay close attention to legal regulations that are profitable and ethically sound for the company. If you want to develop a successful investment banking career, then you must take care of the above facts. How To Get A Job In Investment Banking There are certain factors that you need to take care of when you want to build your career or get a job in investment banking. Some of the educational requirements you must follow here are as follows:- Complete an undergraduate degree in any university. Become a recent graduate. Finish your master's Degree in MBA. Start grabbing experiences beyond the MBA level. Final Take Away Investment banking offers high rewards, and you can get a demanding work hour to boost your career in this field. You must be well aware of it while developing your career in this field. Ensure that you follow the correct process. You can share your views and comments in our comment box. This will help us to know your take on this matter. Your feedback is valuable to us while reaching your career goals with completely.

Is Basic Industries A Good Career Path?

What Are Basic Industries?

Is Basic Industries A Good Career Path?