Average Starting Salaries Report Reveals Good News for Engineering Majors

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News & Politics

Published on March 6, 2014

Author: karenjensenpeoria

Source: slideshare.net

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By Karen Jensen

3/6/2014 Average Starting Salaries Report Reveals Good News for Engineering Majors | Karen Jensen If you enjoy studying math and science, are doing fairly well in the courses, and still have not declared a major, consider looking into the various types of engineering degrees offered at your university or the universities you are thinking about applying to. A recent National Association of Colleges and Employers report revealed that graduates with engineering degrees were placed in the top ten when it came to finding college graduates with the highest starting salaries in 2013. This means that engineering majors, who graduated with bachelor degrees, were some of the highest-paid graduates in 2013. The highest starting salary among graduates with engineering degrees in 2013 went to petroleum engineers, whose average starting salary was $97,000. The second highest starting salary went to graduates with computer engineering degrees who made, on average, $70,900. Chemical engineering majors were not far behind, averaging a $67,500 starting salary. The reason engineering majors are often hired before they even set foot outside of their universities is because of the fundamental concept of supply and demand. Engineers are needed in the manufacturing industry, in information technologies and computer systems, in military and defense branches of the government, infrastructure repair, and even the construction industry, which has bounced back noticeably after a significant lull in activity. A change in the operations of many industries is another reason why engineers are in such high demand. Companies are looking for innovators and inventors who can not only come up with ideas, but fabricate them as well. Whether industries are looking to save money by figuring out how to increase efficiency and functionality, or responding to changes that affect an entire industry—much like how hydraulic fracturing and other new fuel technologies have changed the petroleum industry—engineers remain in high demand. Industries and companies are looking to expand and they need engineers to do this. This is why businesses are eagerly signing up for career fairs at universities with top-tier engineering programs. So, if you tend to enjoy math and science and think you can handle an intense but rewarding work load, a major in engineering may be the right choice for you. http://karenjensenpeoria.net/average-starting-salaries-report-reveals-good-news-for-engineering-majors/ 1/1

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