what field of engineering makes the most money
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Top 7 Masterâs Degrees for Making the Most Money 3. Engineering. There are many areas of specialization in the field of engineering, and most of them appear to be lucrative. For instance, monster.com 's list of the top 10 best-paying Master's degrees includes a Master's in electrical engineering, chemical engineering, mechanical engineering and civil engineering. In fact, a Master's in electrical engineering tops their list, promising a median salary of $121,000. 4. Computer science. If you're looking for earning potential then going in the direction of software engineer or software architect, especially at the graduate level, is the degree with the most earning potential at this point. 5.
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10 Great Career Fields for the Future The engineering field is not the only IT field experiencing growth. Entry-level information technology analysts make $60,000 and above. Experienced IT analysts make over $82,600 per field, and job growth for the next decade is expected to be about 30%.
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Best Jobs For Engineering Majors by Salary Potential A highly paid common job for engineering majors according to the PayScale College Salary Report is Petroleum Engineer. Petroleum Engineers earn a mid-career median salary close to $200,000, and a high percentage of petroleum engineers say that their work is highly meaningful. Other top-earning jobs for engineering majors with 10 or more years of experience are Vice President, Engineering and Research and Development Director.
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A career in engineering is right on the money In the US, the National Association of Colleges and Employers (NACE) publish data three times a year on college graduate starting salaries. Engineering dominates the list, taking seven of the top ten spots in NACE's April survey: petroleum engineers earned the most with an average starting salary of $93,500 (£61,271); second were computer engineers with $71,700 (£46,985); chemical engineering graduates – with a healthy starting salary of $67,600 (£44,298) – came in third.
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In what field do engineers make the most money? Best Answer: Currently in the United States, petroleum engineering is the top paying engineering field with an average annual salary of $97,350 according to the United States Bureau of Labor Statistics (BLS).
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- Therefore, it is no wonder, that these individuals earn the top wages in the top paying industrial and scientific engineering careers in the industry. According to payscale.com, individuals with a PhD in engineering physics earn an average median income of $120,000-128,000 yearly.In addition, PhD graduates go on to be recruited not only to these top paying positions, but also earn prestigious job titles and work in career positions at the top of their industries.herefore, it is no wonder, that these individuals earn the top wages in the top paying industrial and scientific engineering careers in the industry. According to payscale.com, individuals with a PhD in engineering physics earn an average median income of $120,000-128,000 yearly.
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Top 3 Jobs for Highest Mechanical Engineer Salary Every year, a stream of mechanical engineers graduate from their bachelor’s degree and do their best to get a job that would pay them the highest mechanical engineer salary for their services. The reason is clear – mechanical engineering is one of the most in-demand engineering disciplines and in highly in demand within several industries in all countries around the world.
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Best Money Making Computer Fields Computer Engineering. Again, same deal as programming. It's still in demand no matter what you hear in the papers. Just as versatile as programming. In most cases, it pays just slightly less than Software Engineering. But it makes up for it by being slightly more in demand in the job market.
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Engineering Salary Survey: Your Value in Todayâs Economy The 2011 Engineering Income and Salary Survey, conducted by the American Society of Mechanical Engineers (ASME) and the American Society of Civil Engineers (ASCE), shows that despite the gloomy state of the U.S. economy, engineering professionals continue to earn good salaries.ou bet it does. According to the survey, increased education in the engineering field results in higher earnings. Full-time salaried respondents holding doctoral degrees in engineering have a median income of $110,000. Those with an M.S. in engineering earn a median of $92,000.
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Highest Paid Mechanical Engineering Graduates in 2018 The 10 Best Colleges & Universities for Highly Paid Mechanical Engineering Graduates It seems Mechanical Engineering is a more specialized major with roughly 29,649 graduations a year. These graduates can expect an average starting salary of $57,795 each year. On average, Mechanical Engineering graduates earn 32.0% more than other grads.Pick one of the top schools in the rankings and give your earning potential a boost.
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Top 10 College Majors That Earn the Highest Salaries A degree in petroleum engineering pays $4.8 million over a graduate's career compared with early childhood education, which pays $1.4 million, the center finds. For earning a higher salary, you want to be tied to the lifeblood of the economy, which is still oil.
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How Much Do Engineers Make? + Infographic Within one of the broadest engineering disciplines, mechanical engineers perform research, design, develop, and test various machines or tools. The work of the mechanical engineer revolves around people and their daily routine, from vehicles to elevators and refrigerators.
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Whatâs the Difference Between Engineering Degrees? According to Payscale.com, the average starting salary in 2016 for mechanical engineers is $62,527 and the mean annual salary for all mechanical engineers is $88,190 according to the Bureau of Labor Statistics (BLS) in 2015. Civil Engineering.
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Top-paying jobs are in engineering Computer science is the most lucrative non-engineering degree, with an average starting pay of $64,800. The only other non-engineering degrees placing in the top 10 for pay are managing information systems/business ($63,100) and finance ($57,400.) President Obama has, at various times in his tenure, addressed the country's need for more engineers and engineering students to stimulate the U.S. economy.
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- What is an engineering degree worth? Year after year, engineering tops the list of majors with the highest average starting salary. The bottom line: it is well worth the time and effort it takes to become an engineer.
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Where Welders Make the Most Money Stories of welders earning $140,000 or petrochemical processing operators taking home $100,000, as USA TODAY highlighted, make for compelling anecdotes to show it doesn’t take a four-year degree to land a good career and comfortable income.
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Engineering Salaries on the Rise Like every year, though, certain disciplines command a higher salary than others. The engineering jobs that offer the highest compensation are in ocean ($169,000), followed by cost management ($129,500), petroleum ($127,043), safety ($125,000), minerals and metals ($121,000), and fire protection ($116,000). Salary breakdown by region.
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- According to the BLS, mechanical engineers earned a median salary of $82,100 in 2013. The best-paid earned about $123,340, while the lowest-paid earned less than $52,550. Industries that pay well include oil and gas extraction as well as information services.
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- A mechanical engineering salary varies by a graduate's academic performance, the chosen industry, and his or her specialty knowledge. The highest-paid mechanical engineers make more than $120,000 a year.he U.S. Bureau of Labor Statistics (BLS) reports that in 2012, the median mechanical engineer salary was $38.74 an hour, or about $80,500 a year. According to the BLS, most mechanical engineers work full time, though some work in excess of 60 hours a week.
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- Mechanical engineers earn the highest annual average salaries in oil and gas extraction at $128,650 annually. Those employed in Alaska enjoy the highest annual average of $103,840, and mechanical engineers in California make more than the national average at $93,420.
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US Department of Labor The median annual wage for engineers in 2015 was $90,060. Petroleum engineers had the highest median wage, $129,990. Agricultural engineers had the lowest median wage, $75,090. For all types of engineers, a bachelor’s degree is the typical education needed to enter the occupation.
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High-paying engineering jobs High-paying Engineering Jobs. The U.S. produces some of the best engineering talent in the world, and engineers trained in in-demand fields can command some of the highest salaries among college graduates.
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The 20 highest-paying jobs for engineering majors Engineering jobs pay well. To find out just how lucrative they really are, we turned to PayScale, the creator of the world's largest compensation database. To find the 20 highest-paying jobs for engineering majors, PayScale first identified the most common jobs for those with a bachelor's degree (and nothing more) who work full-time in the US. Chief architects and vice president's of business development topped the list, both earning an impressive $151,000 a year.
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Compensation Petroleum Engineering Projected as Top-Paid Class of 2016 Engineering Major Petroleum engineering majors are expected to be the top-paid Class of 2016 engineering graduates at the bachelor’s degree level, according to results of NACE’s Winter 2016 Salary Survey.
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What Pays More: Civil, Electrical or Mechanical Engineering? The median annual salary for mechanical engineers was $80,580 and civil engineers earned $79,340. The top 10 percent of electrical engineers earned an annual salary of $136,690, while the top earning civil engineers earned $122,020 and electrical engineers earned $121,530.