It might be surprising to some to find out that some of the highest paying careers in the world are often found in the engineering industry. They are also some of the most in demand careers according to many labour bureaus. Engineers, including those in the construction industry, have been known to receive an income exceeding £100K per year with starting salaries well over £50K. This, combined with the fact that the construction engineering field is growing at nearly 17% per year, makes this one of the most lucrative career choices to come along in decades.
When creating this article, we used many factors to gather the data we need to make an accurate list of the top 5 engineering careers including universities, Forbes Magazine, US News & World Report and many of the world’s most reputable engineering associations. Of the top 5, 4 are related to the oil and gas sector. Let’s take a look at the highest paying engineering careers for 2018:
The Highest Paying Engineering Careers
Petroleum engineers are in high demand in countries all over the world and they also get the highest salaries of any engineering field. The median starting salary for petroleum engineers is £56,236 with a mid-career salary of £100,232. Advanced petroleum engineers can expect to make as much as and with experienced petroleum engineers making around the £141,288 mark. There are a wide range of oil and gas industry engineering degrees available including online training.
Electrical Engineers design, test and supervise the manufacture of electrical components for both commercial and consumer use. The median starting salary for electrical engineers is £43,427 with a mid-career salary of £67,553.
Aerospace Engineering is an engineering industry that is growing at a rate of 5% per year on average. While slower than the average job market, the salary is still above average and the need for aerospace engineers will continue to grow. The median starting salary for aerospace engineers is £49,578 with a mid-career salary of £78 567.
Chemical Engineers have a wide range of options when it comes to their field of work. They could work in the oil and gas industry or even the biomedical engineering industry but the job outlook still looks similar no matter which industry they choose. The median starting salary for chemical engineers is £71,205 with a mid-career salary of £82,567.
Materials Engineering involves the development and testing of materials that are used in the production of consumer and industrial products. Career growth in this industry is expected to exceed 9% by the year 2020, with even more growth beyond that. The median starting salary for materials engineers is £40 071 with a mid-career salary of £64,501.
For more information on careers in the oil and gas engineering industry, contact Dirextra today and see how you can learn online and increase your skills and desirability in the industry.
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