Top 10 Highest Paying Engineering Degrees in the World
Studying Engineering can be quite challenging, and it happens with the most course too but the good thing is you can put in your energy in studying highest paying engineering degrees.
This article will guide you through the highest paying engineering degrees with some scholarships for international students relating to engineering. Here is a list of the top highest paid engineering degrees in the world:
10. Biomedical Engineers:
Biomedical engineering is seen as the bridge between medicine and conventional engineering, using advances in biological science to develop machinery and tools that can help diagnose, monitor, and treat medical conditions and injuries. There are many large Biomed companies competing in this lucrative market such as Johnson & Johnson and the medical divisions of both Siemens and GE.
9. Electrical Engineers:
Again, electrical engineers do a lot more than work with national electrical power companies to fix power failure. Electrical engineers are subject matter experts in all things electric, employing their finely tuned skills to a wide variety of industries, roles, and locations. They can be responsible for designing and running power stations as well as developing commercial products or designing and implementing control systems. Basically, if there’s an AC current involved, then it’s likely that an electrical engineer will have had something to do with it. As a result, electrical engineers are employable in nearly every industry and, as technology advances, so too do their job and salary prospects.
8. Chemical Engineers:
Chemical engineers do more than spend their careers in a chemistry laboratory. Although there is a demand in academia and research, chemical engineers typically work for commercial businesses that seek to transform chemicals, materials, and energy sources into usable products such as plastics and other synthetics. As well as traditional engineering skills such as science and mathematics, the commercial nature of this job also demands a working knowledge of economics. There are many large multinational companies that specialize in chemical engineering.
7. Civil Engineer:
Contrary to my teenage self’s belief that civil engineers only build bridges, this engineering field is broken down into sub-disciplines:
- Structural: probably the most prominent type of civil engineering. It involves the structural design and analysis of buildings, bridges, towers, tunnels, flyovers, offshore structures and other manmade projects.
- Construction: Deals with the planning and logistical side of building and construction work, and is more business-focused.
- Environmental: Involves sanitary engineering, including hazardous waste management procedures and environmental remediation work.
- Transportation: Involves designing, monitoring and building transportation routes, including roads, highways, railway systems, canals, airports, ports and mass transit systems.
- Coastal: Similar to water resources engineering (which focuses more on inland water management such as dams), coastal engineering deals with erosion and water defences particularly in vulnerable areas.
Although these are the more prominent areas, there are many other subspecialties. Aside from military engineering, this is the oldest engineering discipline in the world.
6. Mechanical Engineer:
Well, mechanical engineers don’t necessarily end up under the hood fixing cars. Mechanical engineering is a very broad discipline and, at its core, is essentially the design and maintenance of anything that is composed of moving parts. It requires a strong understanding and comprehension of the following key areas:
- dynamics and thermodynamics
- materials science
- structural analysis
It is the most common area of engineering and, as such, it is applicable across all industries and fields. As a result, mechanical engineers are highly employable by almost any large organization that owns factories or manufacturing plants.
5. Industrial Engineer:
In a world where businesses are constantly looking to optimize production and manufacturing costs, eliminate wastefulness, and comply with environmental obligations, industrial engineers can be worth their weight in gold.
Tasked with identifying and implementing solutions to these problems, they combine data analysis with hands-on knowledge and awareness of on-the-ground practices, integrating machinery, people, materials, and information into their processes. As a result, they need to be as adept in dealing with humans as they do anything mechanical.
4. Software Engineer:
Software engineers write, test, implement and update the software code that is used by computers, applications, and other digital platforms. As a result, it’s important to possess excellent programming skills as well as an aptitude for problem-solving. As we move further into the digital age, software engineer jobs are increasing year on year, and it is predicted to be one of the most common and important jobs of the near future.
Although any company that runs its own databases requires software engineers, they form the core working body of many innovative tech giants such as Apple, Google, and Facebook.
3. Computer / Hardware Engineer:
Hardware engineering (not to be confused with software engineering) is a combination of electrical engineering and computer science and is used to build the components that are used in computers, network systems, and other commercial products. As our world becomes increasingly digital, computer engineering is emerging as a sought-after and highly valued profession. As an added bonus, many of the companies who are seeking these skills are often named among the top companies to work for.
2. Aerospace Engineer:
Aerospace engineering is basically concerned with the development and maintenance of either aircraft (aeronautical) or spacecraft (astronautical). Due to its complex nature, it’s usually broken down and divided into further engineering sub-disciplines such as avionics, aerodynamics, and propulsion. Most of the large aircraft manufacturers, such as Boeing and Airbus, offer positions directly, although it is also possible to work for part-specific companies such as GE or Rolls-Royce (who build engines). This is generally the second highest-paying engineering job in the world.
With that, I ended up with petroleum engineering. Living in an oil-producing country, it’s not hard to see how that would lead to a fulfilling career.
Well, I later learned that my assumptions about these engineering fields were all wrong. You can actually build a successful career in any of these and most other engineering fields. Engineering is one of the fastest-growing and highest-paying professions in the world.
- Petroleum Engineer:
The discovery and recovery of natural oil and gas resources is perhaps the most lucrative business enterprise in the world. In fact, six of the top ten richest companies in the world by revenue are oil and gas companies. And in such a high-stakes industry, energy companies rely primarily on the expertise of petroleum engineers – experts on the physical behavior of water, oil, and gas. Petroleum engineers are compensated handsomely by the global energy companies that hire them. The drawback is that petroleum engineers are restricted to a particular industry. You can also take advantage of one of the biggest scholarships in petroleum engineering.
In conclusion, careers in engineering are enormously varied, with the opportunity to work in fascinating fields and get well paid – especially in the energy and IT sectors. These highest paying engineering degrees we just listed above make engineering one of the best highest paying jobs.