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Salary Grade of an Engineer With Master's in Mechanical Engineering by Byrne IT





Article Author Biography
Salary Grade of an Engineer With Master's in Mechanical Engineering by
Article Posted: 05/03/2012
Article Views: 81
Articles Written: 41
Word Count: 523
Article Votes: 0
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Salary Grade of an Engineer With Master's in Mechanical Engineering


 
People who intend to become an engineer should have fixed mind in deciding the kind of engineering they would want to pursue following their graduation in high school or a perhaps a master's degree after college. One of the mostly taken study area for a master's degree in engineering is in the field of mechanical engineering. This could probably be due to the promising salary afforded to mechanical engineers at work. Getting this degree online has now been notable as people in the contemporary world are unable to attend to school and get a full-time job at the same time. This allows you to keep your regular job on a full-time basis and still do your studies. Since the job description in the field of mechanical engineering offers enormous flexibility, there is no question that it has high earning potential. This makes this study field one of the most possible lucrative professions for engineering graduates. Mechanical engineering is considered one of the science field with a wide range of disciplines. Specifically, a master's degree can open opportunity for new positions for mechanical engineers and may entitle them to higher salaries, while most of them attain a minimum of a bachelor's degree. Those holders of the degree may find job as well as a variety of salary rates in one of many, varied industries. Bear in mind that the salary of mechanical engineers may vary depending on the industry, industry, and location. Based on the data released by the U.S. Bureau of Labor Statistics, the country's engineers specializing in mechanical engineering earn a mean salary of $39.65 in an hour and a median salary of $37.98 an hour as of May 2010. These figures represent the earning potential of mechanical engineers: those with bachelor's degree and those with advanced degrees. It can be noted that most lucrative positions in this area can be found in software, oil and gas, or commercial and industrial design. Take note that mechanical engineers holding a Master's degree generally earn more than their counterparts without advanced degrees though they just start-out their career in this field. It is estimated that they may start earning an average of $54,208, which is 50 percent higher than the starting salary of those with a PhD. However, it has been pointed out that one of the biggest benefit when one pursues a master's degree in this field of engineering curriculum does not come from its promising financial gain, but from the heightened opportunities available in the field. Brigham Young University's study reveals that a graduate level degree offers options to management positions and research and consulting. Those individuals with a PhD may find extra positions in terms of education and teaching. On the other hand, mechanical engineering's programs for master's degree are also made accessible to students who have who have backgrounds in other engineering sub-fields, and science, physics and math not just those having an undergraduate degree. It also enables engineering students to expand their set of skills, which at the end may escalate the employers' marketability.

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