Top 4 Highest Paid Engineering Degrees

Top 4 Highest Paid Engineering Degrees

There are over 40 dissimilar types of engineering careers in 5 various sub-disciplines. Learn more about the best engineering careers, compare the highest-paid engineering jobs, view the salary ranges for each engineering career, and find the one that works best for you.

You can consider an online engineering program that currently accepts applicants.

Some of the best paying engineer jobs in the world are in engineering. Engineering is widely stared as one of the most lucrative and demanded career options, with multiple disciplines and types of engineering work, as well as salaries that can exceed $ 100,000 a year once the engineer has some knowledge behind them. Engineers tend to earn extra than the national average wage, and some accredited organizations expect this to continue in the future. Engineering titles represent 10 of the 17 highest paid titles at the time of writing.

To become an engineer, you most likely need a degree. If you don't have a degree yet or want to progress with a higher degree than the one you currently have, use our title search engineer to assign it to a program quickly. You can also consult the following schools listed with each race. These are some of our most requested engineering degrees that fit the career, as mentioned earlier, and you can talk to them about how to start your program. Click on a list and request an information package for more details on your engineering program.

Also Read: types of engineering and salaries

AEROSPACE TECHNOLOGY

Aerospace Engineering: A new ex-student with a degree in aerospace engineering can expect an entry-level salary of approximately $ 65,450 ¹. Given the cuts in space research, the Department of Labor expects the need for aerospace engineers to increase by 5% in the coming years, a slower pace than the average job market. The salary for an aerospace engineer at mid-career is $ 103,720.

Estimated wages in aerospace engineering

Starting salary: $ 65,450

Career salary: $ 103,720

CHEMICAL ENGINEER

The median for chemical engineers is approximately $ 94,000. Chemical engineers generally employed in manufacturing and research. They work not only for chemical enterprises but also in the construction of electronics, clothing, paper, medicines, and food, to name a little.

Chemical engineers can improve their careers, from manufacturing plants to technical sales and corporate governance. The chemical engineering market expected to be relatively stable over the next few years. However, job growth is closely related fields such as biomedical engineering is likely to be much faster than usual job growth, according to the United States Department of Labor. A mid-career income of $ 109,000 is the average.

Estimated salaries for chemical engineers

Starting salary: $ 58,830

Career salary: $ 154,840

MATERIALS ENGINEERING

Materials Engineering The average starting salary for a materials engineer is $ 52,900.

Material engineers work on the development and testing of materials for the manufacture of industrial and consumer goods as well as for working with metals and substances and understand the mutual uses in consumer goods.

By 2020, employment growth for a position as a materials technician expects to be around 9%. $ 85,150.

PETROLEUM ENGINEERING

Best Paid Engineering Jobs The median starting salary for petroleum engineers is $ 74,240, career salary is $ 132,320, and an experienced petroleum engineer salary is $ 186,520¹. Industry groups anticipate that many employees will retire in the next ten years as global energy requirements increase. The demand for petroleum engineers predicts to exceed the number of people trained to fill available positions, increasing the demand.

Internationally and nationally, this demand will advance the careers and salaries of petroleum engineers. There are several degrees for those wishing to study petroleum engineering, including online training.

3 Highest Paying Engineering Degrees

There are over 40 dissimilar types of engineering careers in 5 various sub-disciplines. Learn more about the best engineering careers, compare the highest-paid best paying engineer jobs, view the salary ranges for each engineering career, and find the one that works best for you.

You can consider an online engineering program that currently accepts applicants.

Some of the highest-paying jobs in the world are in engineering. Engineering is widely stared as one of the most lucrative and demanded career options, with multiple disciplines and types of engineering work, as well as salaries that can exceed $ 100,000 a year once the engineer has some knowledge behind them. Engineers tend to earn extra than the national average wage, and some accredited organizations expect this to continue in the future. Engineering titles represent 10 of the 17 highest paid titles at the time of writing.

To become an engineer, you most likely need a degree. If you don't have a degree yet or want to progress with a higher degree than the one you currently have, use our title search engineer to assign it to a program quickly. You can also consult the following schools listed with each race. These are some of our most requested engineering degrees that fit the career, as mentioned earlier, and you can talk to them about how to start your program. Click on a list and request an information package for more details on your engineering program.

Methodology

The method of creating a list of engineering professions was using the United States. Department of Labor data combined with reports on wages, unemployment, and career prospects from reputable sources such as universities, US News, Forbes Magazine & World Report, and leading engineering associations such as the National Society of Expert Engineers and the American Society of Mechanical Engineers.

Also Read: types of engineering and salaries

PETROLEUM ENGINEERING

Best Paid Engineering Jobs The median starting salary for petroleum engineers is $ 74,240, with a career salary of $ 132,320 and for experienced petroleum engineers who earn approximately $ 186,520. Industry groups anticipate that many employees will retire in the next ten years as global energy requirements increase. The demand for petroleum engineers predicted to exceed the number of people trained to fill available positions, increasing the demand.

Internationally and nationally, this demand will advance the careers and salaries of petroleum engineers. There are many degrees for those wishing to study petroleum engineering, including online training.

ELECTRICAL ENGINEERING

Electrical engineering New electrical engineering engineers receive a median starting salary of $ 57,330.

Many electrical engineering tasks include designing, testing, and monitoring the manufacture of electrical devices, but some electrical engineering tasks include creating electronic circuit diagrams for commercial and personal use.

For the rest of the decade, employment growth in these areas expects to be around 6%, which is below average.

Entry level electrical engineer salary: $ 89,180.

COMPUTER SCIENCE TECHNOLOGY

The average starting salary for a hardware engineer is $ 63,970. This is a relatively new area of ​​engineering, and some sources indicate that there are not enough computer engineers to meet demand, while other sources claim that computer engineers' employment growth will be below the national average. If schools produce more computer engineers, employment growth can slow down. A computer engineer can expect to make $ 101,000 in the middle of his career. In addition to computer and software engineering, data engineering also appears. Sometimes data science courses are combined with engineering or computer science courses because the course results overlap.

Most technological breakthroughs come from software development, not hardware. Don't forget that, either.

TOP 4 HIGHEST PAYING ENGINEERING CAREERS

Engineering is a diverse field. The word originates from Latin ingenium, meaning “cleverness” and ingeniare, meaning “to contrive, devise.” This discipline is the application of scientific, economic, social, and practical knowledge in order to invent, design, build, maintain, and improve structures, machine, devices, systems, materials, and processes.

Best known for his genius as an artist, Leonardo Da Vinci was also a gifted inventor, architect and engineer. He claimed to be able to create all sorts of machines both for the protection of a city and for siege. When he fled to Venice in 1499 he found employment as an engineer and devised a system of movable barricades to protect the city from attack. He also had a scheme for diverting the flow of the Arno River, a project on which Niccolo Machiavelli also worked. Leonardo’s journals include a vast number of inventions. They include musical instruments, a mechanical knight, hydraulic pumps,  hydraulic pumps, reversible crank mechanisms, finned mortar shells, a helicopter, a submarine, and a steam engine.

Also Read: Types of engineer majors

1. Petroleum Engineering

This is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and Production are deemed to fall within the upstream sector of the oil and gas industry. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry’s two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs.

Petroleum engineers have a future full of challenges and opportunities. They must develop and apply new technology to recover hydrocarbons from oil shale, tar sands, and offshore oil and gas fields. They must also devise new techniques to recover oil left in the ground after application of conventional producing techniques. Since many petroleum companies conduct worldwide operations, petroleum engineers have the opportunity for assignments all over the world.

National Average: $106,000

Mid-career: $160,000

National Salary Range: $61,655- $165,052

2. Nuclear Engineeringatomic-power

Nuclear engineers are in charge of successfully completing nuclear engineering tasks for their organization. They develop and execute complex model interactions, use innovative computational methods to predict effects, and assess risks, as well as static and dynamic events. They must have advanced knowledge of nuclear engineering principles and their proper use while following strict safety laws when dealing with dangerous substances and materials.

Nuclear engineers apply nuclear reactor technologies that make processes faster, manage technical performance and constraints, monitor core application, test new nuclear methodologies, and use their expertise for process optimizations, flow, and subsequent evaluation.  Generally, they work in an office or reactor facility environment, using complex systems that make projections and calculations relevant to their company’s needs.

National Average: $82,000

Mid-career: $117,000

Salary Range: $58,277- $128,031

Also Read: How much money do engineers make

3. Chemical Engineeringchemistry

Chemical engineers find solutions to problems such as pollution, world hunger, and energy demands. They also conduct research to develop new and improved chemical manufacturing processes that are more efficient and less harmful to the environment. They typically work indoors in laboratories, utilizing the newest and most advanced technology. Chemical engineers will typically find themselves working in teams with other engineers.

Chemical engineers perform density, gravity, and pressure tests at various stages of production in order to ensure accurate results. They are constantly faced with challenges that require innovative thinking. They are efficient with time and money, consistently evaluating the time and cost to complete projects. Since they work with dangerous chemicals, they are concerned with developing safety procedures for themselves and others working close to possible chemical reactions.

National Average: $73,000

Mid-career: $115,000

National Salary Range: $50,693- $119,232

4. Aerospace Engineeringspace-shuttle

An Aerospace Engineer designs aircraft, missiles, space crafts, and satellites. They test prototypes to make sure that the models function according to how they are designed. They are spacecraft/vehicle engineers that deal with related infrastructure of these things. There are many specialties within this job. Aerospace Engineers are usually employed by industries whose workers build aircraft, and the engineers are primarily involved in the analysis and design, manufacturing, industries that perform research and development of such craft, and perhaps even the federal government.

They can often work on projects that are related to national defense or with the military and so they often require security clearances. As they gain more experience, they may train for a specialty. This job requires high intelligence, problem solving, self-motivation, an ability to work independently and also as a team, to articulate complex ideas to a team, and to stay with projects through many variations and to sometimes lengthy fruition.

National Average: $77,000

Mid-career: $109,000

Salary Range: $55,568- $117,813

WHAT ARE THE HIGHEST PAYING JOBS WITH A DEGREE IN MECHANICAL ENGINEERING?

A degree in mechanical engineering offers a breadth of career opportunities. As a mechanical engineer, you can work in specialties such as robotics, automotive, nanotechnology and any field that involves working with technology that includes machines or moving parts. 

Your mechanical engineering specialty, along with factors such as industry and level of experience and education, influence how much money you will earn in your career. If you want to attain one of the highest paying mechanical engineering jobs, you need to take the right courses and gain the right experience to be a good fit for these lucrative positions.

Also Read: How much money do engineers make

Mechanical Engineering Salaries by Industry

In addition to being one of the broadest and oldest fields of engineering, mechanical engineering is also one of the largest engineering occupations. More than 288,800 people across the United States are employed as mechanical engineers, the U.S. Bureau of Labor Statistics (BLS) reported. For all mechanical engineers in all industries and at all levels of experience, the median salary is $85,880 per year, according to the BLS. That wage is considerably more than twice the median wage for all occupations, but somewhat lower than the $92,220 median salary for all engineers.

Even if you have the exact same job title, your earning potential can vary by tens of thousands of dollars depending on the industry in which you work. Among the industries employing the most mechanical engineers, scientific research and development services is the most profitable, with a near-six-figure annual salary of $98,530, the BLS reported. A median wage of $91,440 awaits mechanical engineering students who enter the industry of computer and electronic product manufacturing. Mechanical engineers in architectural and engineering services earn a median salary of $89,180. 

Those working in the field of transportation equipment manufacturing earn a wage just above the median for all mechanical engineers, $86,670. However, the 13 percent of mechanical engineers working in machinery manufacturing – more than 37,500 workers – earn a salary well below that median wage, $77,400.

Often, it’s the rarest mechanical engineering jobs that offer the best salary potential. There are mechanical engineering roles that have six-figure average wages but make up just a tiny fraction of employment in this occupation. For example, software publishers employ just 120 mechanical engineers, which means just 0.03 percent of workers in the industry are part of this occupation, but they pay a mean annual wage of $127,540, the BLS reported. 

The $122,140 mean salary for mechanical engineers working in oil and gas extraction takes into account the wages of just 430 workers. Mechanical engineers make up just 0.13 percent of employees who work in electronic and precision equipment repair and maintenance, but these 130 people earn a mean wage of $113,390. Just under one-half of one percent of employees working in waste treatment and disposal accounts are mechanical engineers, who earn a mean salary of $112,570. A mean wage of $110,170 is associated with the pipeline transportation of crude oil industry, which employs just 240 mechanical engineers.

One of the best-paying roles in all engineering disciplines is engineering manager. Managers in mechanical engineering may need a graduate degree and a minimum of five years of work experience.

Also Read: Types of engineer majors

Mechanical Engineering Salaries by Specialty

A number of specialties fit into this broad discipline of engineering, and some specialties tend to pay better than others. Heating and cooling system engineers, or HVAC engineers, typically have some of the lowest wages, with a median salary of only $63,494, PayScale reported. Automotive engineers, who develop engineering systems for automobiles, earn nearly $15,000 more per year that HVAC engineers, with a median wage of $78,053. Robotics and automation engineer is an occupation Business Insider listed as one of the engineering jobs that pay $110,000 or more. PayScale reports that robotic engineers earn a median wage of $80,720 but can earn as much as $121,842 per year. Nanotechnology engineers are often included under the umbrella of scientific research and development, with its $98,530 median salary.

Within a mechanical engineer’s specialty, your level of experience and responsibility can affect your earnings. A career in mechanical engineering involves bringing concepts to marketing – and may include everything from handling mechanical and thermal design to the actual manufacturing process. As a result of the breadth of mechanical engineers’ responsibilities, these engineers frequently work their way up to high-level management positions.

Top 8 Highest Paying Engineering Jobs of 2020

An impressive 87 percent of professional engineers say they are "satisfied to very satisfied" with their work.1 However, this is only one reason for a career in engineering. There are many considerations when choosing a goal, but payment is undoubtedly a critical factor in planning for your future. In terms of median salary and growth potential, these are the eight highest-paid engineering jobs that need to consider. 

Types of Engineers and Salary

1. Big Data Engineer

The rise of big data has opened up significant business opportunities, but complex data sets only make sense if they are structured understandably. Give the Big Data Engineer the task of creating the hardware and system architecture that allows others to interpret and use data. With an average annual salary of $ 155,500, Big Data offers engineers great opportunities.

2. Petroleum engineer

Petroleum engineers develop methods to extract oil and gas from the ground and use these materials to generate energy efficiently and cleanly. With an average salary of $ 132,280, the petroleum engineer is one of the highest-paid engineering jobs in 2019. The field is expected to experience above-average growth over the next five to ten years.

3. Hardware engineer

With an average salary of $ 115,120, this high-tech field includes the development of computer systems and machinery such as processors, printed circuit boards, and storage devices. Computer engineering is an excellent field for analytical problem solvers interested in mathematics or physics.

4. Aerospace engineer

It is a career in which one can say, "indeed, it is rocket science." Aerospace engineers plan and build aircraft, spacecraft, missiles, and satellites. Design skills are just as essential as advanced analytical skills and problem sensitivity. The average salary in 2017 was $ 113,030.

5. Nuclear engineer

Nuclear engineers research, design, and grow the tools and instruments required to use atomic energy. They are responsible for the safe operation of nuclear power plants and must be familiar with a high degree of complexity. In 2018, the average salary reported at $ 105,810, which gave nuclear engineers the top five paid engineering jobs.

6. Systems engineer

System engineers manage a company's technical infrastructure and retain all of the hardware and software required to move the company forward. If you have strong communication skills and the ability to translate technical information into non-technical teams, consider this career path, which has an estimated average annual salary of $ 103,800.

7. Chemical engineer

With an average salary of $ 102,160, chemical engineers use hard science to make compounds that are used daily in fuels, foods, pharmaceuticals, and more. Chemical engineering is an excellent career for engineers with a background in biology, chemistry or physics who like to work together as a team to solve big problems.

8. Electrical engineer

Electrical engineers work in a variety of industries and develop electrical and electronic components such as electric motors, radars, and navigation systems. You could also be involved in the development of broadcasting or communication systems. The average remuneration in 2018 was $ 97,970 per year.

What Does an Entry Level Electrical Engineer Do?

An aspiring engineer performs a variety of tasks on the job. In this career, your main responsibilities are to design, build and test electronic components, electrical systems and electrical devices such as electric motors or navigation systems. Some electrical engineers are developing new industrial products; others are working to improve existing production systems. You are responsible for creating all standards and specifications, e.g., B. Manufacturing plans to read and executed by production personnel. They also ensure that all systems or products meet safety and design standards.

Requirement:

The prerequisites for starting your career as an electrical engineer are education, training, and individual professional qualifications. First of all, you should have a bachelor's degree in electrical engineering. Many universities offer 3/2 programs in which you spend the first three years as a student and the last two as a master. Most entry-level jobs do not require an exclusive license or certification, and many entry-level engineers study for their professional exams while in office. Additional qualifications include an excellent understanding of computer design and engineering software, such as B. CAD.

Where do young electrical engineers work?

Beginners in Entry Level Electrical Engineering jobs are active in various areas, including aviation, electrical manufacturing, automotive engineering, the telecommunications industry, and the federal government. Your typical day takes place in an office environment where you work on problems with other technicians and engineers. However, you may need to contact a manufacturing facility or manufacturing facility to monitor the implementation of the design or to test the products. When you work as an internal electrical engineer, your environment can vary considerably, but you spend most of your time at your desk with a computer.

Are young electrical engineers in demand?

Overall, electrical engineers are in demand. According to the Office of Labor Statistics, the number of electrical engineers is expected to increase by 9% in the next few years. Beginners are always in demand when the older ones leave the field. However, electronics engineers, which are a subset of all electrical engineers, are not in high order right now, and work in electronics is expected to grow more slowly than the national average. The main exception is work in the field of computer technology, which is increasing in connection with electrical engineering.