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4 Highest Paying Jobs in the Engineering Field

For individuals whose dream job involves addressing and resolving real-world issues and making a significant impact, a career in engineering could be the ideal fit.

Engineering is one of the vast and enormously varied fields. It is, in and of itself, too wide to encompass various engineering disciplines. This career pathway involves the concepts of mathematics and science to contrive and come up with solutions.

The professionals in this field specialize in particular sciences and disciplines. These individuals draw from technical and social methodologies principles to design, develop, manage, and operate various systems, structures, and processes.

Objectively, engineers apply scientific concepts to create economical solutions for technical issues. In simpler terms, these professionals consider the functional specifications set out by management and the safety criteria imposed by the government to generate a final product. In addition, the job necessitates engineers to be deeply engaged in the testing and development phases of the products to optimize the efficiency for clients.

The importance of choosing the right engineering degree

There’s a myriad of engineering careers, each of which comes with its own unique earning potential and career prospects. However, it’s also relevant to note here that the competition for jobs in engineering can be pretty high. As with any other career, individuals with formal work experience, educational credentials, and skillset are frequently sought over those candidates with less of these things.

And this gives all the more reasons for individuals to pick the right engineering degree. Although selecting an engineering degree may seem challenging, carefully analyzing the elements contributing to the program’s success can help you straighten things out and make meaningful decisions. Furthermore, to pick the right engineering degree, individuals can take advantage of online resources that provide highly detailed, qualitative information and statistical data about different programs.

That said, here are some of the most sought-after and lucrative career pathways in the field of engineering:

1. Electrical Engineer

Electrical engineers fuse the concepts of mathematics, electronics, physics, and electromagnetics to power up the world. These professionals are principally problem-solvers who work on various projects, from lighting systems and wiring structures to navigation and robotics systems.

On a given day, the job responsibilities of an electrical engineer are:

  • Plan, execute, maintain, and enhance electrical equipment, systems, and components for residential and industrial use
  • Come up with standards for the procurement of electrical instruments and materials
  • Work together with technicians to create and implement new system processes

Various sectors require the services of an electrical engineer. These may include transportation, defense, aerospace, industrial and production plants, research and development, telecommunications, and automotive.

According to PayScale, electrical engineers earn an average base salary of $108,712 yearly. However, individuals must develop and hone critical thinking, electronic troubleshooting, and numeracy skills to become a part of this high-paying field.

2. Petroleum Engineer

We live in a world where oil and natural deposits are most valuable. And thus, companies are in quest of professionals with relevant expertise in oil, gas, and water. Perhaps that’s the reason why petroleum engineers nowadays are highly in-demand.

These engineers determine the most efficient methods to extract natural gas and oil from underground rock formations. Petroleum engineers perform a wide array of job duties. Let’s take a look at some of them:

  • Coordinate with the procurement team to purchase the required tools and equipment for the project
  • Design the drilling tools necessary to extract oil from the reservoirs
  • Come up with suggestions based on feasibility, budget, effort, and safety

Most petroleum engineers work in laboratories, offices, and industrial plants. Nonetheless, some spend their time at construction, well and drilling, and oil and gas exploration sites to oversee operations and ensure everything runs swimmingly. Travel and relocation are generally a part of petroleum engineers’ jobs since they need to collaborate with oilfield workers and other engineers.

According to BLS, these professionals earned an average salary of $130,850 as of 2021. And the field is most likely to grow by 8% by 2031.

3. Biomedical Engineer

Biomedical engineers, in essence, serve as the bridge between engineering and medicine. These professionals apply science principles to design and develop tools and systems that can help diagnose and treat medical conditions. In addition, these engineers work hard to enhance the quality, safety, and efficiency of medical products.

The day-to-day job duties of biomedical engineers include, but aren’t limited to:

  • Draft technical reports, write research papers, and offer suggestions based on their research results
  • Enhance equipment performance by researching the relationship between the machine and the patient, consulting with equipment users, making adjustments, and working with manufacturers
  • Educate medical professionals and other staff members on how to use the biomedical systems and equipment properly

Some industries that engage the services of biomedical engineers are government regulatory agencies, healthcare facilities, and private sectors. However, some biomedical engineers may choose to work in academia, imparting their profound knowledge and expertise to ambitious students.

Individuals striving to become a part of this lucrative career can expect a median salary of $97,410 per year. But aspiring students should brush up on their communication and analytical skills to be the top pick for employers.

4. Chemical Engineer

These professionals incorporate engineering principles of chemistry, biology, and physics to develop and appraise the most effective procedures for producing fuels, drugs, and other chemicals. Not only this, but chemical engineers also determine the best methods to manufacture various products using raw materials, keeping the time constraints, safety regulations, and budget in mind.

The following are a few job responsibilities individuals should expect to perform as chemical engineers:

  • Establish criteria and standards for procedures, tests, and products
  • Design and use process simulation software to determine the most effective manufacturing techniques
  • Oversee production procedures, perform research, and come up with ideas to boost productivity and quality

Although chemical engineers can choose to work in the academic sector, many opt for corporate and commercial business settings. Some employers of chemical engineers include environmental health and safety, petrochemicals, food processing, advanced materials, biotechnology, and chemical processing companies.

As per the data shared by BLS, chemical engineers earned a median salary of $105,550 as of 2021. And the field is likely to witness an astonishing growth rate of 14%, translating to plenty of job opportunities.

Final Words

The engineering field is far-ranging, granting the opportunity to work in exciting professions and enjoy a high earning potential, specifically in the IT and energy sectors. Not only this, but the career prospects are also promising in the long run. Therefore, students should identify their genuine interests. For instance, individuals who like tinkering with machines can consider aeronautical or mechanical engineering. However, individuals who wish to find a solution to the energy crisis can choose to pursue electrical or nuclear engineering.

In this highly automated and data-driven realm, engineers are building the future. So, aspiring students should consider the bigger picture – what kind of future they wish to create and the minute details – what an average day will entail. Individuals who end up in an engineering specialty they’re passionate about are far more likely to succeed and be prepared to pour in the effort necessary to become an expert in their industry.

4 Highest Paying Jobs in the Engineering Field

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For individuals whose dream job involves addressing and resolving real-world issues and making a significant impact, a career in engineering could be the ideal fit.

Engineering is one of the vast and enormously varied fields. It is, in and of itself, too wide to encompass various engineering disciplines. This career pathway involves the concepts of mathematics and science to contrive and come up with solutions.

The professionals in this field specialize in particular sciences and disciplines. These individuals draw from technical and social methodologies principles to design, develop, manage, and operate various systems, structures, and processes.

Objectively, engineers apply scientific concepts to create economical solutions for technical issues. In simpler terms, these professionals consider the functional specifications set out by management and the safety criteria imposed by the government to generate a final product. In addition, the job necessitates engineers to be deeply engaged in the testing and development phases of the products to optimize the efficiency for clients.

The importance of choosing the right engineering degree

There’s a myriad of engineering careers, each of which comes with its own unique earning potential and career prospects. However, it’s also relevant to note here that the competition for jobs in engineering can be pretty high. As with any other career, individuals with formal work experience, educational credentials, and skillset are frequently sought over those candidates with less of these things.

And this gives all the more reasons for individuals to pick the right engineering degree. Although selecting an engineering degree may seem challenging, carefully analyzing the elements contributing to the program’s success can help you straighten things out and make meaningful decisions. Furthermore, to pick the right engineering degree, individuals can take advantage of online resources that provide highly detailed, qualitative information and statistical data about different programs.

That said, here are some of the most sought-after and lucrative career pathways in the field of engineering:

1. Electrical Engineer

Electrical engineers fuse the concepts of mathematics, electronics, physics, and electromagnetics to power up the world. These professionals are principally problem-solvers who work on various projects, from lighting systems and wiring structures to navigation and robotics systems.

On a given day, the job responsibilities of an electrical engineer are:

  • Plan, execute, maintain, and enhance electrical equipment, systems, and components for residential and industrial use
  • Come up with standards for the procurement of electrical instruments and materials
  • Work together with technicians to create and implement new system processes

Various sectors require the services of an electrical engineer. These may include transportation, defense, aerospace, industrial and production plants, research and development, telecommunications, and automotive.

According to PayScale, electrical engineers earn an average base salary of $108,712 yearly. However, individuals must develop and hone critical thinking, electronic troubleshooting, and numeracy skills to become a part of this high-paying field.

2. Petroleum Engineer

We live in a world where oil and natural deposits are most valuable. And thus, companies are in quest of professionals with relevant expertise in oil, gas, and water. Perhaps that’s the reason why petroleum engineers nowadays are highly in-demand.

These engineers determine the most efficient methods to extract natural gas and oil from underground rock formations. Petroleum engineers perform a wide array of job duties. Let’s take a look at some of them:

  • Coordinate with the procurement team to purchase the required tools and equipment for the project
  • Design the drilling tools necessary to extract oil from the reservoirs
  • Come up with suggestions based on feasibility, budget, effort, and safety

Most petroleum engineers work in laboratories, offices, and industrial plants. Nonetheless, some spend their time at construction, well and drilling, and oil and gas exploration sites to oversee operations and ensure everything runs swimmingly. Travel and relocation are generally a part of petroleum engineers’ jobs since they need to collaborate with oilfield workers and other engineers.

According to BLS, these professionals earned an average salary of $130,850 as of 2021. And the field is most likely to grow by 8% by 2031.

3. Biomedical Engineer

Biomedical engineers, in essence, serve as the bridge between engineering and medicine. These professionals apply science principles to design and develop tools and systems that can help diagnose and treat medical conditions. In addition, these engineers work hard to enhance the quality, safety, and efficiency of medical products.

The day-to-day job duties of biomedical engineers include, but aren’t limited to:

  • Draft technical reports, write research papers, and offer suggestions based on their research results
  • Enhance equipment performance by researching the relationship between the machine and the patient, consulting with equipment users, making adjustments, and working with manufacturers
  • Educate medical professionals and other staff members on how to use the biomedical systems and equipment properly

Some industries that engage the services of biomedical engineers are government regulatory agencies, healthcare facilities, and private sectors. However, some biomedical engineers may choose to work in academia, imparting their profound knowledge and expertise to ambitious students.

Individuals striving to become a part of this lucrative career can expect a median salary of $97,410 per year. But aspiring students should brush up on their communication and analytical skills to be the top pick for employers.

4. Chemical Engineer

These professionals incorporate engineering principles of chemistry, biology, and physics to develop and appraise the most effective procedures for producing fuels, drugs, and other chemicals. Not only this, but chemical engineers also determine the best methods to manufacture various products using raw materials, keeping the time constraints, safety regulations, and budget in mind.

The following are a few job responsibilities individuals should expect to perform as chemical engineers:

  • Establish criteria and standards for procedures, tests, and products
  • Design and use process simulation software to determine the most effective manufacturing techniques
  • Oversee production procedures, perform research, and come up with ideas to boost productivity and quality

Although chemical engineers can choose to work in the academic sector, many opt for corporate and commercial business settings. Some employers of chemical engineers include environmental health and safety, petrochemicals, food processing, advanced materials, biotechnology, and chemical processing companies.

As per the data shared by BLS, chemical engineers earned a median salary of $105,550 as of 2021. And the field is likely to witness an astonishing growth rate of 14%, translating to plenty of job opportunities.

Final Words

The engineering field is far-ranging, granting the opportunity to work in exciting professions and enjoy a high earning potential, specifically in the IT and energy sectors. Not only this, but the career prospects are also promising in the long run. Therefore, students should identify their genuine interests. For instance, individuals who like tinkering with machines can consider aeronautical or mechanical engineering. However, individuals who wish to find a solution to the energy crisis can choose to pursue electrical or nuclear engineering.

In this highly automated and data-driven realm, engineers are building the future. So, aspiring students should consider the bigger picture – what kind of future they wish to create and the minute details – what an average day will entail. Individuals who end up in an engineering specialty they’re passionate about are far more likely to succeed and be prepared to pour in the effort necessary to become an expert in their industry.