What’s the Average Salary with a Master Of Engineering?

Engineering is an extremely diverse field, touching every aspect of out lives from home design to manufacturing to transportation. As an engineering, going back to school to earn your master’s degree in your specialty of choice can give a huge boost to your salary, as well as make it easier to find a job that you really enjoy. Let’s take a look at the salary you can expect if you decide to get a master’s degree instead of working with just a bachelor’s degree in this field.

Salary by Specialty

Graduates of master’s degree programs undoubtedly make more money than their counterparts who have only bachelor’s degree, but the exact salary you can expect depends on the engineering specialty you choose. According to reports, you can make anywhere from $68,730 to $108,020, on average, as an engineer, and many engineers make even more, since these figures factor in engineers at all levels of education. Petroleum engineers make the most money, on average, though the fastest-growing engineering specialty in the country is biomedical engineering and the most jobs are available to civil engineers.

Entry level Engineer Salary

Even if you have a master’s degree in the field, most companies hire engineers in entry-level positions until they gain real-life work experience as an engineer. On average, you can expect to make 6 to 10 percent more than someone in an entry-level position with just a bachelor’s degree, though this varies depending on the job and company. Entry-level engineers, on average, make $27,000 to $60,000 annually, with most falling in the $35,ooo to $45,000 range. If you earn an MBA along with a BS in engineering, rather than a master of engineering (or in addition to a master of engineering), you can earn even more.

Salary by School

If you attend a top school in your field, you can expect to make more money after you graduate with a master’s degree. For example, if you have an MBA from a top 20 school along with an engineering degree, you can expect a starting salary over over $70,000 annually. MIT, one of the top schools for engineers, publishes their graduates’ salaries in a report annually. In 2009, students with a master of engineering reported starting salaries of over $83,000 on average from this school – so going to a top engineering program really could pay off.

Top Online Masters in Engineering Degrees

Norwich University Master of Civil Engineering Norwich University › Norwich University's online Master of Civil Engineering program is designed for working professionals and can be completed in under two years. Coursework teaches technical knowledge, project management skills, and specific subjects such as structural, geotechnical, construction management, and environmental engineering.
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