Engineering Degrees With Highest Salary Potential
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siliconindia | Wednesday, 15 October 2014, 16:31 IST
Actuarial Mathematics:
Actuarial science is the field that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are those who are qualified in this field through education and experience. One must go through rigorous professional examinations to pass this degree.
“No pain, No Gain,” is the only rude gateway into this profession. But if you are in, it offers you as much as $176,300.
Nuclear Engineering:
Research and development is a vital factor of any country. Discoveries are infinite and the same applies to engineering. In order to bring about development, technology is a must. Nuclear engineering is one such branch of engineering that deals with the fission and fusion of atomic nuclei and the application of other sub-atomic physics.
Also, the median expected annual pay for a typical nuclear engineer in the United States is around $122,000. So cheers to nuclear engineering.
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Chemical Engineering:
It essentially deals with the engineering of chemicals, energy and the processes that create and convert them. Modern chemical engineers are widely connected with processes that convert raw materials or chemicals into more valuable forms.
Average salary for experienced chemical engineers is $53,000. Salaries vary according to sector, size and the nature of the industry. However, salaries in sectors like oil and contracting are likely to be higher than in other areas.
Electronics and Communications Engineering:
Electronics and communications engineering is one of the top five high paying careers, with mid-career median salaries topping up to $113,000. This is a term broadly connected to the various other fields of study like, robotics, telecommunications, radio engineering, and digital electronics.
Engineers must be equipped with various other fields of study and need to excel in it to reach the peaks. The job expects a lot from the professionals as per the growing demand.
Electrical and Computer Engineering:
ECE as its popularly known, is the need of the hour. Computer engineering applies to all the fields of science. The digital revolution is still in full effect, as networked systems and portable electronic devices reshape the high-tech market. These developments keep electrical and computer science bachelor's degrees in high demand. This degree could translate into a lucrative career as a software developer, testing engineer, hardware engineer, or research scientist.
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