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The Highest Paying Engineering Degrees In 2021

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Written by Kimberly Linhares

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September 24, 2021

Competition for engineering jobs can be quite competitive, and as with most careers, candidates who complete formal education, gain work experience and display skill are often preferred over individuals with less education, experience and skill. This blog will guide you through the highest paying engineering degrees. Here is a list of top highest paid engineering degrees and jobs.

Highest Paying Engineering Degrees
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The Highest Paid Engineering Jobs And Degrees

Petroleum Engineers

Salary: $114,080 to $166,400 (annually)

Top on the list of highest paying engineering degrees is petroleum engineering. They are responsible for finding the most efficient and profitable means of extracting oil and gas from rock formations far below the earth. They design and develop ways to use water, chemicals, gases and steam to force oil out of reserves, perform research, develop drill plans, and ensure proper maintenance and function of oil and gas extraction equipment. Petroleum Engineers also develop means of connecting oil and gas deposits to new or existing wells. Petroleum Engineers must complete Bachelor or Master’s degree programmes in petroleum engineering and also gain work experience before entering the field. 

Nuclear Engineers

Salary: $99,920 to $142,290 (annually)

Nuclear engineers research nuclear energy and radiation for industrial and medical use. They design and create the processes, instrumentation, equipment, and systems which contain nuclear materials used in multiple industries, from spacecraft to medical imaging devices. They also maintain and monitor nuclear operations within facilities to ensure safety, identify violations of nuclear regulations and laws, give instructions regarding the handling and disposal of nuclear waste, and develop preventative measures for nuclear accidents. Nuclear engineers also respond to plant shutdowns and other emergencies when they occur. Most nuclear engineers are required to possess a minimum of a bachelor degree combined with work experience.

Aerospace Engineers

Salary: $97,480 to $143,360 (annually)

Number three on the list of highest paying engineering degrees are aerospace engineers. They design, develop, and test aircraft, satellites, spacecraft, missiles, and other air or spacecraft products for the military, commercial, or private use. They research and determine the safety of proposed aircraft projects and parts. Aerospace engineers also evaluate products to ensure they meet customer requirements, engineering specifications, and quality standards. Aerospace engineers identify and develop solutions for malfunctioning or damaged aircraft, spacecraft, and parts. Aerospace engineers may begin their careers within entry level positions upon earning a bachelor degree, though many employers prefer candidates with the combination of a degree and work experience. 

Software Engineers

Salary: $87,900 to $94,520 (annually)

Software engineers blend computer science, mathematics, and engineering to design, develop, test, and maintain software or computer systems. They focus on user needs and write computer programmes. Many work closely with teams of other computer science and engineering experts to secure, install, or develop advanced computer systems and software. Software engineers also resolve any operational, security, or function issues with software, computer systems, and internal computer networks. Software engineers generally must complete a minimum of a bachelor degree based in computer science, software, mathematics, or engineering as well as experience working with computer systems and applications. In addition, due to the constant changes within the industry, Software engineers must continue education throughout the course of their careers. 

Also Read Best-Paying Master’s Degrees: Engineering Programmes

Engineering Managers

Salary: $91,180 to $141,730 (annually)

Engineering managers are another one of the highest paying engineering degrees. They supervise teams of engineers within electrical, mechanical, civil, or industrial engineering fields. They administer, direct, and coordinate the research, design, financing, and development of products, hardware, equipment, and devices. They also oversee project design, manufacturing processes, productivity, and marketing analysis to lead projects for industrial, civil, and environmental products and services. Engineering managers also create the specifications, proposals, budgets, and policies between engineering teams, clients, and contractors while adhering to regulatory laws and predicting the impact of the product. Individuals must complete studies within a bachelor or master’s degree programme, gain work experience as an engineer, and obtain state licensing in order to qualify for employment as an engineering manager.

Chemical Engineers

Salary: $90,300 to $139,670 (annually)

Chemical engineers research, design, and troubleshoot the equipment and production processes for large scale manufacturing. They apply the engineering principles of physics, chemistry, and biology to develop, identify, and evaluate the safest and most efficient means of producing food, drugs, chemicals, fuel, and other materials. Chemical engineers also research and determine the costs of manufacturing processes as well as the effects they have on the environment without compromising quality and safety. Chemical engineers must complete studies within a bachelor level chemical or biomolecular engineering programme and gain work experience before advancing to careers of a high paid salary.

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Electrical Engineers

Salary: $84,500 to $128,610 (annually)

Electrical engineers devise new and improved electronics, components, and equipment. They also test and resolve problems with existing electronics. Electrical engineers work with a large number of products and systems from lighting and wiring within structures to cars, robots, generators, and navigation systems to ensure performance and resolve issues. They also design and assemble new products, test products to ensure safety, and oversee the installation of components. Many create technical drawings and specifications indicating instructions and proper operation. Training to become an electrical engineer requires an associates or Bachelor’s degree in electrical engineering. 

Biomedical Engineers

Salary: $81,540 to $126,990 (annually)

Lastly on the list of highest paying engineering degrees, biomedical engineers. They focus upon improving the quality, efficiency, safety, and effectiveness of medical systems and products. They analyze, design, and resolve problems with biology and medicine. Biomedical engineers create artificial organs, devices, and machines used to replace body parts and diagnose medical issues. They also conduct research to advance medicine, develop methods to assure product quality, and test drug therapies using computer simulations. Biomedical engineers typically complete a bachelor or Master’s degree in biomedical engineering in order to advance to higher paid salaries.

These engineering degrees and jobs are the best engineering courses for future endeavours if you plan on pursuing a career in the field.

PS: If there’s anything more you’d like us to know about. Add it to the comments section!

Thank you for reading this blog on ‘The Highest Paying Engineering Degrees In 2021’ If you’d like to read more, here are some blogs that might be of interest to you:

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