How much money would an electrical engineer make

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Which Engineers earn the most?

Engineering can be a lucrative career, and different specializations offer different levels of compensation. The Bureau of Labor Statistics’ Occupational Employment Statistics program provides an annual guide to median pay and number of people employed in about detailed occupations. We used that data to compare the median annual salaries associated with 19 engineering occupations. Account icon An icon in the shape of a person’s elwctrical and shoulders. Makee often indicates a user profile. Login Subscribe.

Where can an Electrical Engineer earn more?

Fancy making some more money? Why not consider these countries where engineers make the most money. Have you ever wondered in which countries engineers make the most money? A fair question and one that’s not a simple one to answer. From the off engineers tend to benefit from some of the highest wages of any career choice out there. But could you be underselling yourself by staying and working in your nation of origin? Of course, it’s not all about money and some feel more comfortable staying and working in their home nation.

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Fancy making some more money? Why not consider these countries where engineers make the most money. Have you ever wondered in which countries engineers make the most money? A fair question and one that’s not a simple one to answer. From the off engineers tend to benefit from some of the highest wages of any career choice out. But could you be underselling yourself by staying and working in your nation of origin?

Of course, it’s not all about money and some feel more comfortable staying and working in their home nation. After all, it’s very difficult to leave your family and friends for long periods of time. But if you are brave enough you could find your money making potential is considerably higher further afield. In the following article, we’ll see if engineering careers are worth all the hard workwhich disciplines tend to make the most and in which countries engineers tend to make the most money.

In short yes, and. Engineering positions tend to always feature in the top ten highest paying careers. This is good news as all that hard work, blood, sweat and tears during your undergraduate and postgraduate studies had better pay off. And now is a good time to be getting into engineering-related career paths as the job market is pretty healthy. According to the U. Bureau of Labor Statisticsfor example, MiningConstruction, and Manufacturing industries are currently enjoying a period of strong growth.

Engineering graduates also enjoy very high recruitment levels post graduation which is in stark contrast to many humanities graduates. But is pursuing a career in Engineering actually worth all the hassle? Much like driving a car your degree is just the first test.

Once you’ve graduated you will need to bolster your courage for a lifetime of stress, steep learning curves but, ultimately, one of the most rewarding careers one could choose. But, of course, like any career, there will be highs and lows. Although many Engineers tend to love what they do working conditions can get on top of. On the whole, most disgruntled engineers report that they have, or are tempted to, quit their job because of a few common issues.

These include not getting on with the boss, long commutes, stupid working hours, not potential for advancement. Before we look into the countries that tend to offer the most money for engineers, we thought it might be useful to explore those disciplines of engineering that tend to pay the.

The following are the top twenty highest paid engineering jobs. This data comes courtesy of typeofengineering. As interesting as this is, it must be borne in mind that these figures are just a snapshot in time. They don’t, for example, capture potentially future trends in their respective industries.

Some disciplines, like Petroleum Engineering, are highly paid at present but future employment could be affected by changes in the supply and demand of hydrocarbons around the world. So long as consumption remains at least comparable to today, as well as reserves, this should be a lucrative choice for the near future. But there is another interesting consideration with fields like Petroleum Engineering.

It is predicted that many current employees are set to retire over the next ten years. This will certainly affect the demand for ‘new blood’, likely inflating offered salaries far in excess of current rates. Computer engineering is another field that might not be fairly represented in this data. It is a relatively new discipline in engineering with some claiming it is currently under-supplied with labor.

Of course, the future could see a dramatic reduction in wages as more and more new graduates flood the market over the next few years given its current popularity for undergraduates.

That’s before we even begin to consider the potential impacts of Artificial Intelligence over the next few decades.

As we have seen incomes for Engineers vary depending on what field of expertise they pursue. Despite this, engineering careers tend to rank very high on any list of highest-paying bachelor degrees.

Most new graduates in the U. This figure comes from a recent report by a Stockholm-based employer branding firm, Universam.

Another study by the National Association of Colleges and Employers discovered that Electrical Engineering seems to be the most in-demand engineering degree. Compiling information from various sources a recent CNBC article found that the top three countries how much money would an electrical engineer make engineering students are For comparison, they also found the countries with the lowest average expected salaries for engineers.

These are This sounds like a massive discrepancy between the top three and bottom two but remember living expenses in Egypt and Vietnam will be considerably lower than Switzerland or the U. Something rarely, if ever, considered when it comes to higher earnings is factoring in living costs of countries you might decide to work in.

After taxes, bills, and other expenses your initially hefty income could make little difference to your quality of life. This varies widely from country to country and you should always bear this in mind before accepting a position.

After all, you wouldn’t want to be pushed into a higher bracket link to UK example and be worse off then idling just below it and having relatively more money in your pocket. Another thing to consider is broadening your horizons and considering working and living abroad.

In an ideal world, it’s best to earn in strong currencies like Dollars but spend in weaker currencies like the Turkish Lira for example. In these circumstances, your income might not be as high as in the continental U. Working remotely or overseas is becoming more and more popular today and for good reasons. Obviously, we are not financial experts and you should seek professional advice on any issues discussed.

Working overseas also exposes you to new and exciting cultures and has other benefits including boosting your CV and skills.

Of course, this is not always possible nor desirable for many but its something to consider when evaluating potential jobs to apply. Business Career. Sponsored Stories.

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