This week’s blog is courtesy of ChangetheEquation.org. Do you have students interested in engineering as a career? From a financial perspective, there are many benefits to STEM and pursuing a career in the many engineering disciplines. Read why below.
The median annual earnings of an engineer with a bachelor’s degree are $75,000.
In fact, 8 of the top 10 majors associated with the highest median earnings per year are in engineering:
- Petroleum engineering: $120,000
- Pharmacy sciences and administration: $105,000
- Mathematics and computer science: $98,000
- Aerospace engineering: $87,000
- Chemical engineering: $86,000
- Electrical engineering: $85,000
- Naval architecture and marine engineering: $82,000
- Mechanical engineering: $80,000
- Metallurgical engineering: $80,000
- Mining and mineral engineering: $80,000
Source: Georgetown University Center on Education and the Workforce (2011). New Report on the Economic Value of 171 College Majors Links College Majors to Earnings. [Press release]. Retrieved from http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/pressrelease.pdf. See also Carnevale, A.P., Melton, M. and Strohl, J (2011). What’s It Worth? The Economic Value of College Majors. Washington, DC: Georgetown University Center on Education and the Workforce.