Career Outlook


Engineers Make a World of Difference

Imagine having both the passion to make a difference in the world and the technical know-how to achieve it—that’s what engineering is all about.

  • Engineers are at the center of innovation, from increasing a person’s life expectancy and quality of life to creating and improving the communication systems that keep us all connected.
  • Engineers’ work drives our economy and many experts predict that America needs to produce more engineers in order to stay competitive in the global marketplace and meet future demand.
  • Engineering is a versatile degree. More than half of the people who have an engineering degree work in other areas like medicine, law, investment banking, and consulting, prompting many experts to call engineering the new liberal arts degree.

 


Average Salary

The average engineer’s salary in 2015 ranged from $88,000 to $115,000 depending on the discipline of engineering.  Entry level engineers—those who have just graduated from college—averaged between $56,000 and $69,000 annual salary2. And it doesn't stop there. Over the course of a lifetime, engineering majors will earn 1.4 million dollars more than a liberal arts major3.

Of course, average income for engineers varies depending on discipline, qualifications, experience, and location. Check out Career Options and learn about the various engineering disciplines.

 


Hiring Trends

According to the U.S. Bureau of Labor statistics the field of engineering is expected to grow as much as 10 percent in the coming decade. In recent years, the prospects for college graduates have been fair at best, but engineering graduates experience a much more favorable job market. Why?

Experts say demand for engineers will continue to grow as governments and industry work to meet the challenges of a growing global population and dwindling resources.

 


Footnotes:

1.  From 2011 Engineering Income and Salary Survey, conducted by the American Society of Mechanical Engineers (ASME) and the American Society of Civil Engineers (ASCE),

2.  Figures from National Occupational Employment and Wage Estimates, United States Department of Labor, May 2015.

3. Figures from payscale.com, January 2016