It is widely acknowledged that STEM (science, engineering, technology, and mathematics) graduates go on to have lucrative careers. So, if you’re a whizz at any of these subjects or are drawn to learning more about them, you could turn your passion into a pretty high flying profession.
Which Type of Engineering Has Highest Salary?
1. Civil Engineering
Civil engineering graduates have been in high demand in 2018. Every big (and small) city needs roads, bridges and transportation facilities, and this is where civil engineers come into play. Civil engineers build all sorts of infrastructure and they can also do their bit for the environment too by designing and implementing environment-friendly projects. Depending on where you’ve studied, where you decide to work and what projects you take on, being a civil engineer can be a great career.
2. Biomedical Eng.
Biomedical engineering (BME), also known as bioengineering, involves applying engineering principles and design concepts to medicine and biology for healthcare purposes. Also included under the scope of a biomedical engineer is the management of medical equipment within hospitals, the development of biocompatible prostheses, various diagnostic and therapeutic medical devices, common imaging equipment such as MRIs and EKG/ECGs, regenerative tissue growth, pharmaceutical drugs, and therapeutic biologicals. Biomedical engineers can choose to work in hospitals, engineering firms or medical supply companies.
3. Mechanical Engineering
The work and salary of a mechanical engineer vary greatly and can include anything from small assignments to the development of large plants and vehicles. Mechanical engineers are needed in most industries and can be involved in all aspects of a project from research and development to manufacturing, management, and production.
4. Computer Science Engineering
Computer Science Engineering is a relatively new field of engineering. IT professionals get paid generously for their labor and the employers are prepared to pay even high salaries for college graduates. As we embrace the Internet of Things and other advances in digital technology, computer engineers are becoming more and more integral to the world in the context of the 4th Industrial Revolution.
5. Aerospace Eng.
Aerospace engineers work with multidisciplinary teams to design, develop and test spaceships, aircraft, and missiles, tapping into knowledge that spans aerodynamics, avionics, propulsion, and material science. A senior aerospace engineer usually has many years of experience across various engineering industries. At this level, aerospace engineers usually supervise other engineers and may be responsible for major projects both military or civilian. Again, as space exploration advances and commercial space travel becomes a reality, this is a sector ripe for graduates.
6. Electrical Power Eng.
Electrical power engineers are responsible for generating electricity and transferring it to the various distribution networks. They then must ensure its proper delivery to the millions of businesses and homes that require it. In most projects, a power engineer must coordinate with civil and mechanical engineers, environmental experts, legal representatives, and financial liaisons. Even as you read this, you are completely reliant on the steady flow of electricity that is facilitated by the skilled people that work in power engineering. It is without a doubt an extremely important industry in which to get involved.
7. Marine Eng.
Marine engineering is another highly paid field that is less common than other majors. Only around 500 people a year get degrees in this discipline, which makes you stand out from the engineering industry crowd. What’s more, the job outlook for marine engineers is positive. The field is expecting a job growth rate of 12% between 2016 and 2026. It involves the engineering of ships, boats, oil rigs, and any other marine vessel or structure, as well as oceanographic or ocean engineering.
8. Chemical Eng.
Chemical engineers are typically employed in the areas of manufacturing, research, design, and development. They work not only for chemical companies, but also in the manufacturing of electronics, clothing, paper, drinks, oil, gas, plastics, medicine, and food to name just a few. It’s one of the most popular engineering majors, with over 10,000 students getting undergraduate degrees every year.
9. Nuclear Eng.
Nuclear engineers derive benefits from radiation and research and develop systems, equipment, and tools for transferring nuclear energy for various good causes, for example, medicine and industrial engineering. Their services are highly sought after but it’s not a risk-free career due to the innate nature of what’s involved. Around 500 students every year obtain undergraduate degrees in nuclear engineering. The expected growth rate for this field during the period 2016-2026 is just 4%, but it’s still a very profitable career to embark upon.
10. Petroleum Engineering
Petroleum engineering is undoubtedly the most lucrative of all the engineering careers. What’s more, the demand for petroleum engineers is expected to exceed the number of individuals trained to fill available positions – therefore increasing the demand for qualified graduates. Petroleum engineers search for natural reservoirs of petroleum and then help recover it for subsequent use. If you are considering studying this type of engineering, then knowledge of chemistry, mathematics, and geology is essential. During the 10-year period from 2016 to 2026, this occupation is expected to have a growth rate of 15%. That’s more than twice the projected all-occupation growth rate. There you have it! Now you have an idea of engineering salaries as you start to decide what area of engineering you want to get into.
Therefore, from the above list, it can be concluded that Petroleum Engineering has the highest packages via (Sources- Payscale)
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