Top 10 Highest Paid Engineering Majors in The World
The field of Engineering is a broad term, which further bifurcates into different diverse subfields as computer engineering, civil engineering, and mechanical engineering.
The best engineering institute with programs in various subfields offers you an opportunity to specialize in a particular subfield and create a base to enhance the career growth in the suitable stream.
Engineering has always been a lucrative career choice, disciplines, and salaries that may go up to $100k per annum once the engineer gets substantial experience in the field.
The Engineering major degree makes up the majority of the top 20 highest paid degrees of all time. Out of 46% of college graduates, engineering major receives the highest package of salaries with renowned companies.
Civil Engineering ( Annual Wage- $81,000)
The key role of civil engineers is to deal with the constructions, designing patterns and development of a wide range of projects built in accordance with the environment. They are involved in projects related to waste management, highway construction, geotechnical engineering, and coastal development.
READ ALSO: Top 10 Civil Engineering Programs in Canada
Geological Engineering (Annual Wage- $85,000)
The graduates with a major in Geological Engineering play a great role in ensuring the identification of geological factors affecting various engineering work. The analysis of material on the earth and risk assessment of various geological hazardous.
Higher pay scale is generally achieved with the private sector, in gas and oil industries, employment in an offshore location; remote districts can offer much higher pay scale.
Computer Engineering (Annual Wage – $87,000)
Comparatively, computer engineering is a new field. The technical breakthrough comes from the area of software engineering and hardware.
Largest tech companies highly required computer engineering who responsible for testing, developing and designing hardware and computer system, board’s routers, printers, and computer chips, they supervise the production, manufacturing, and installation of the computer system.
Mechanical Engineering (Annual Wage – $88,000)
Mechanical engineers play an important role in the development process of products from small designs to extremely big plant, vehicles, and machinery.
Their area of expertise includes all stages of development and research, manufacture, product designs from installation to the final commissioning. The salary package with steady experience and the hands-on experience on projects can transfer from the median level to major level in no time.
Metallurgical Engineering (Annual wage – $90,000)
Metallurgical Engineering deals with the extraction and processing of different metals. They examine and investigate the performance of different metals like iron, petroleum, nickel, copper, and steel of wide range. For metallurgists along with chartered engineer status, salary package can be significantly higher.
Electrical Engineering (Annual Wage – $93,000)
The program helps in the detailed understanding of power systems, electromagnetism, controller systems and units of telecommunication. Electrical engineers are needed in almost all the fields and hence the demand will keep on the rise with time and requirements.
Mineral and Mining Engineering (Annual Wage – $97,000)
The major in mining engineering helps in the study of the efficient development of mines and underground operations. The role of an engineer combines the complete understanding of the overall effects of structures and their environment.
The scope of higher salaries gets better with overseas projects. The projects at a remote location, the poor weather generally comes with better salaries. Some organizations provide performance-based pay schemes and other additional benefits.
Chemical Engineering (Annual Wage – $96,000)
The major in chemical engineer helps in developing the process of manufacturing plastics, petroleum and other goods. The engineers work often in laboratories or offices. They also spend time at refineries, industrial plants, and other places where their job is to monitor or solve onsite concerns.
Apart from the salary, survey many chemical engineers also receive benefits like stock options and shared-profit awards.
Aerospace Engineering (Annual Wage – $110,000)
The job prospects for aerospace engineers with specialization in the development and in engine design along with the production. They also use their advanced knowledge and experience of education in material, computer, and mechanical disciplines to construct and plan aircraft and spacecraft.
According to the statistic of U.S. Bureau of Labor, aerospace engineers almost made an average annual salary of $110,570 during 2015-2016.
Petroleum Engineering ( Annual wage- $136,000)
The demand for energy has been increasing globally and so it the demand for petroleum engineers. The demand is expected to grow more and expected to increase the number of engineers trained to fill the positions in the near future.
Domestically and globally, the demand will also advance the careers and expected a salary of Petroleum engineers. To start, the major gives good $74.240 but with mid-level to senior level the package increase from $136,320 to $186,520 mark annually.
The choice of major has a bigger impact on our future earnings. As per the above list and the growing trend of demands in the Petroleum sector and Aerospace engineering, the jobs also come with high pay scale and additional incentives and perks.
Make your choices smartly with the current trend in the market and the always consider your ability to excel in the same.
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Aerospace, Petroleum, Chemical, Electrical, and Computer Engineering Discipline top the Chat of Highest Paid Engineering Majors in The World. See Full List