New York? There are a lot of pros to this even though I don't make nearly as much as I do at my day job. I consider myself a whiz in writing proficient medical, engineering, academic, and niche articles. Total number of employees in the US: 18,970. My outlook is that I will just to 100k income in my current profession in the next year or two. Just like any other job, the salary of an Automotive Engineer will increase as they become more experienced. Salary range . Entry-level Automotive Engineers with little to no experience can expect to make anywhere between $56270 to $69410 per year or $27 to $33 per hour. Yes, they make good money and can support a spouse and kids with just one income. Research, design, develop, test, or supervise the manufacturing and installation of electrical equipment, components, or systems. Design, develop, and evaluate the operation of marine vessels, ship machinery, and related equipment. If you quit, you will become jobless. According to the Bureau of Labor Statistics, aerospace engineers in the United States earn an average of $117,100 a year, equivalent to $56.30 an hour. Design chemical plant equipment and devise processes for manufacturing chemicals and products. You’ll get more money and win in life. Total number of employees in the US: 32,510. All right. Indefinite From a salary standpoint, Silicon Valley is the clear winner, boasting an average income of $110,554 per year, according to data from Glassdoor. Here are the top 12 jobs that potentially can make a lot of money for you: Accountant; Business Executive; Computer System and IT Manager. What they do, according to O*NET: Devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Candidates must hold a bachelor's degree in engineering or a related field and obtain a license from the state before practicing as a professional engineer. Click to select the duration you give consent until. Are you a practical person? Do Environmental Engineers Make a Lot of Money? This is discriminating against other professions outside STEM but it is every engineer’s right to know that you are in a field that is supposed to give you money you deserve for the services you offer. Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. My brother convinced me that it is not very different in terms of money. Total number of employees in the US: 188,290. Make more money as a Materials Engineer. But there are many more startups that are staffed by engineers. Engineer; Entertainment Professional; Investment Banker; Lawyer; Pharmacist; Physician and Surgeon; Professional Athlete; Real Estate Developer; Software Developer ; Bonus: Having more than one stream of income can help you through tough … Perform engineering duties in planning, designing, and overseeing construction and maintenance of building structures and facilities. It's relatively high, but you won't be making the same amount of money as doctors, lawyers, investment bankers and management consultants. Research, design, develop, or test electronic components and systems for commercial, industrial, military, or scientific use employing knowledge of electronic theory and materials properties. Making a lot of money is not really the main point in life. Sound engineers tended to make the most when located in the West or Northeast. Just like any other job, the salary of an Automotive Engineer will increase as they become more experienced. Total number of employees in the US: 279,550. 61 percent of STEM workers with master’s degrees earn more than non-STEM workers with doctorates. After comparing how much do Chemical Engineers make with other careers, they have a salary rank of A. Go study engineering. A brash question, but I want to know if career switching is worth it. I have written number of articles for GineersNow. Any engineer that's employed makes a lot of money versus an unemployed engineer who does not. Indeed, civil engineers are the folks that make our environment inhabitable and usable in the modern world. Are you ready for that? Average salary: $83,700. Engineer. 6 Months That’s because having a degree in science, technology, engineering and mathematics (STEM) fields pay better than the others. Let’s say you want to build your own engineering firm or simply want to use your engineering skills to create a business of your own. The best tip to remember, is not to rush! Apply knowledge of engineering, biology, and biomechanical principles to the design, development, and evaluation of biological and health systems and products. What they do, according to O*NET: Research, design, develop, or test computer or computer-related equipment for commercial, industrial, military, or scientific use. What they do, according to O*NET: Perform engineering duties in planning, designing, and overseeing construction and maintenance of building structures and facilities. Too scared to take the leap? What they do, according to O*NET: Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. Compare your salary with the national and state salaries for Materials Engineers. Rarely do they follow their passions, grow a career and make money out of them. Engineering is a particularly lucrative major – 13 out of the top 15 highest-earning bachelor's majors are engineering-focused, according to … Your email address will not be published. Subscriber 03-30-2008 at 8:05 am A leading-edge research firm focused on digital transformation. However, the salaries for engineers vary greatly based on several factors but primarily depending on the type of engineer. The average salary of a software engineer is around 30 - 40 K a year. There are certainly medical startups, so MDs can make money at them also. Total number of employees in the US: 303,440. If the engineering job you have right now makes you feel that it really is worth it, you are in the right job; if it isn’t, consider leaving. Research, design, develop, or test computer or computer-related equipment for commercial, industrial, military, or scientific use. Total number of employees in the US: 186,490. Nebraska and Kansas reported the very lowest average … As a Mechanical Engineer and a M-F 9-5er I've found that working in the service industry on nights and weekends is a great way to make extra money. Total number of employees in the US: 60,750. Whereas the guy doing the stable "junior" engineer ends up sharpening … More than just keeping engineers informed, these findings by Carnevale should enlighten upcoming college students or among 18-year-olds to consider maximizing returns of investment from college by taking courses that pay better. Architects can have relatively lucrative careers. Which Engineering Major Should You Pursue? In a lot of firms, the senior engineers make more money than the firm managers. I think it was alluded to earlier in the thread, but I'll just highlight that it's more likely for an engineer to be able to make a lot of money at a startup company, compared to an MD. Civil engineers are involved in the planning of public works, like roads, bridges, dams, and other large projects. The engineers that I know who earn the big bucks are willing to switch jobs on the drop of a hat. That’s because having a degree in science, technology, engineering and mathematics (STEM) fields pay better than the others. What they do, according to O*NET: Design, develop, test, and evaluate integrated systems for managing industrial production processes. Nuclear engineers are looking at a salary of around $127,500 midway through their careers and marine engineers at $123,200 . In a lot of companies, the managers make more money, and in order to be a manager, candidates should have an MBA, but this isn't the hard-and-fast rule of engineering. Aerospace Engineering. We used that data to compare the median annual salaries associated with 19 engineering occupations. Where Do Architects Earn the Most Money? Structural Engineering What they do, according to O*NET: Research, design, develop, or test electronic components and systems for commercial, industrial, military, or scientific use employing knowledge of electronic theory and materials properties. Fee-only vs. commission financial advisor, Department of Labor's O*NET Online occupational database, U.S. Army Corps of Engineers photo by Michael J. Nevins/Flickr/CC 2.0 Attribution, LouisvilleUSACE/Flickr/CC 2.0 Attribution, UC Davis College of Engineering/Flickr/CC 2.0 Attribution, NASA Goddard Space Flight Center/Flickr/CC 2.0 Attribution, U.S. Army Corps of Engineers Norfolk District/Wikimedia/CC 2.0 Attribution, The most disproportionately high-paying job in every state. His findings are below: 63 percent of STEM workers with associate’s degrees earn more than non-STEM … Professional Engineers ... the kind that take 4-5 years of university. 26 percent of STEM workers with associate’s degrees earn more than non-STEM workers with doctorates. Yes, they make good money and can support a spouse and kids with just one income. Mid-career pay: $113,000. Where Do Architects Earn the Most Money? Salary range . They will go to that engineering job on the North Pole where they instantly are the senior engineer and their resume explodes with experience.