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Engineering Salary Information

Engineering Salary Information. Terry A. Ring Chemical Engineering University of Utah. Go to College and Get and Education. Why do your parents keep saying that?. Education Pays. What do you want to be when you grow up?. Many possibilities to use your scientific education! Biologist

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Engineering Salary Information

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  1. Engineering Salary Information Terry A. Ring Chemical Engineering University of Utah

  2. Go to College and Get and Education • Why do your parents keep saying that?

  3. Education Pays

  4. What do you want to be when you grow up? • Many possibilities to use your scientific education! • Biologist • Chemist • Physicist • Engineer • YOUR DECISION HAS CONSEQUENCES! • $$$$$$ Financial Consequences!

  5. How Much Do You Want to Earn When You Grow up?

  6. How Much Does It Cost To Live? • House mortgage/rent • $1000/mo. 2 Bedroom Apartment • $2000/mo. (or more) Mortgage for Nice House • The Housing cost should be no more than 35% of total Income, so • $1000/mo./0.35=$2860/mo. $34,000/yr. • $2000/mo./0.35=$5715/mo. $68,000/yr. • (65% for Car, food, retirement and savings)

  7. So which jobs are popular and which pay well?

  8. Popular Jobs have High Growth Rate • Chemistry Job Growth rate is ~14%/yr

  9. Do the Popular Professions Pay Well?

  10. Which Job Pays More? • Computer Engineer? • Biologist? • Chemist? • Chemical Engineer?

  11. Salary Information for Engineering • Median Salary for B.S. Chem. Eng. =$62,000/yr (2000 data) • Starting Salary B.S. Chem. Eng. ~$59,000/yr (2007 data)

  12. Starting Salary

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