The most lucrative thing about studying in USA is the high salaries that engineers can get when they start working in USA. If you study from a Top 50 school, you have a pretty good chance of landing a job. But many aspirants wonder how much would they earn? And if it justifies the higher cost of study.
So, lets look at this data this data on average starting salaries for engineers in USA taken from Michigan Tech College of Engineering –
|Industry||BLS Stats||Mean Entry-Level Salary1||Mean Annual Salary2||Top 10 Percent3|
|Biomedical Engineering||National Labor Stats||$60,958||$95,090||$144,350|
|Chemical Engineering||National Labor Stats||$65,618||$114,470||$169,770|
|Civil Engineering||National Labor Stats||$56,152||$93,720||$142,560|
|Computer Engineering||Computer Hardware Engineers|
Software Developers, Systems Software
|Construction Management||National Labor Stats||$55,795||$103,110||$161,510|
|Electrical Engineering||National Labor Stats||$64,936||$101,600||$153,240|
|Environmental Engineering||National Labor Stats||$55,884||$92,640||$137,090|
|Electrical Engineering Technology / Mechatronics||Recruiter||$86,6904||$133,2804|
|Geological and Mining Engineering and Sciences||National Labor Stats||$61,977||$98,420||$151,030|
|Geospatial Science and Technology||National Labor Stats||$49,571||$68,340||$101,400|
|Materials Science and Engineering||National Labor Stats||$65,806||$96,930||$148,110|
|Mechanical Engineering||National Labor Stats||$61,538||$92,800||$136,550|
|Mechanical Engineering Technology||National Labor Stats||$99,310||$154,720|
|Surveying Engineering||National Labor Stats||$48,360||$66,440||$102,220|
As per this: “Year after year, engineering tops the list of majors with the highest average starting salary. The bottom line: It is well worth the time and effort it takes to become an engineer.“
What’s more? I talked to some professionals who recruit engineers for their companies and when I asked hows the recruitment scenario, I got a unanimous reply – a resounding ‘it is a good time for engineers as lot of career opportunities are floating around and we have more positions than qualified candidates’.
So, if you are on fence about whether to join a graduate school in US or not, this is your answer. Look at how much it costs to do an MS in USA, possibilities of finding funding, take into consideration these salaries and calculate your ROI. The market is back in shape (at least for engineers) and it was never more lucrative to earn in dollars.