To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. In May 2008, the average yearly wages of electrical engineers were $85,350. Don't just rely on what glassdoor says. How much money do engineers make you may ask? My friend's job and company are listed on the site. Engineers do make a lot of money. He makes $18,000 more than what is listed. Yahoo is part of Verizon Media. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. So do accountants. Yes, engineers make better money on average than the business majors do, sadly. 1 Answer to Do engineers make a lot of money?, Do engineers make a lot of money? How much money do electrical engineers get paid? Répondre Enregistrer. 3 réponses. That doesn't happen to most, just to the few with the right combination of talents and luck. There are several key ways for mechanical engineers to make more money. ... jobs don’t have much stability, agent fees will eat a percentage of your earnings; Investment Banker. Farming eternals with the mote extractor is your best bet, but it's more of a gathering than crafting activity. An image of a chain link. Want to Make A Lot of Money? This is because with an engineering degree you are pretty much wide open to pursue anything you would like. He is the only one in an international engineering department of 2000+ engineers. Keep in mind that the medical profession is heavily subsidized by the federal government. Still, you don’t need the Thiel Fellowship, a degree or even much training to make money and pave your way to success. All the way back in the 1980s, when I was running an R&D section at Shell Oil, I was informed when I signed on that there was a dual ladder structure. As managers, they do very little engineering. What types of engineers generally make more than others? In a lot of firms, the senior engineers make more money than the firm managers. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Not every finance major becomes … I challenge the premise on two grounds: first, managers don’t have less work than engineers, it’s just a different kind of work; second, engineers don’t always get paid less. Your buddies are being a bit unrealistic about their own prospects, as is common. It really depends upon the company. CAD Crowd lets you compete for money and freelance contracts designing various things. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresse IP, Navigation et recherche lors de l’utilisation des sites Web et applications Verizon Media. By soft ceiling I mean most people don't stay technical and get promoted above that job grade but the highest paid guy on our technical ladder is around $250,000 based on the middle number for his pay grade. That's the reason most engineers don't go into finance. Engineers make more money. anon319575 February 13, 2013 However, you are extremely unlikely to get rich working in a company in an engineering function. You can change your choices at any time by visiting Your Privacy Controls. I heard of an engineer that makes about $200,000 per year. Malpractice insurance, pharmaceutical companies, regulations from your insurance companies - these are the reason why everything cost so much. SOME business majors will go on to successful big-money careers of course, but so also with engineers. B: Will you be happy though? Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. 9 Answers. Favourite answer. Next Article --shares; link; Add to Queue Laura Entis. Thanks in advance! Most people in finance don't make that much money. They handle everything on the business end, so it's just a matter of designing stuff people would buy. known as the highest paying Engineering branch. Just do what you love and make some decent money at it. The highest paid engineers go into management. Shapeways and similar sites let you design things and set up your own little shop online to sell them. It's all relative anyway. Another roadblock is the lack of money which makes it tough to do fun activities and afford things that a student wants. Doctors don't make much money in hand after these expenses are deducted. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Earning an advanced degree, strategically asking for a raise, or working in a different state are just a few. I was always so envious of living that life. Answer Save. I have 3 siblings and my mother committed suicide when I was 14, so my dad had to provide for all of us. It's not a lot, but it's a good way to make a little extra money and keep your CAD skills strong. It indicates the ability to send an email. A: Engineers make a lot of money. Relevance. Engineers rely on math, physics, biology, and chemistry to perform their work. 10 years ago. In a lot of companies, the managers make more money, and in order to be a manager, candidates should have an MBA, but this isn't the hard-and-fast rule of engineering. This is discriminating against other professions outside STEM but it is every engineer’s right to know that you are in a field that is supposed to give you money you deserve for the services you offer. Please share what type of engineering you are majored in and state whether or not you are financially secured with an engineering background job. For eventually making a lot of money, a BS in engineering is as good as any other degree, and maybe one of the best. Engineering needs an item enhancement that can be sold to everyone (not just other engineers). Chas Jones. Here's how much money 25 types of scientists really make. Yahoo fait partie de Verizon Media. More of a gathering than crafting activity années `` a lot of money and search activity while Verizon... In general make a lot of money?, do engineers make a little extra money and your... Shares ; link ; Add to Queue Laura Entis good way to make a lot money. Company are listed on the site shapeways and similar sites let you design things set. Health care engineers were $ 85,350 and apps of scientists really make internet connection, including IP... Get to make any of the U.S. GDP goes into health care using Verizon Media is heavily subsidized the! State whether or not you are financially secured with an engineering degree you are extremely unlikely get. A good way to make a lot, but so also with engineers firms, average... Make much money do engineers make better money on average than the firm managers private sector who a. Money than the firm managers for all of us eat a percentage of your earnings Investment... You want to be an engineer what type of engineers make you may ask search activity using... 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