How much does an engineer earn

How much does an engineer make

As per recent trends, how much does an Engineer make in high paying technical jobs has shifted the focus from Mechanical Engineers to Software and Computer Science engineers. Of the many students who were interviewed as to why they wanted to become engineers, the answer was usually the job prospects. The world without a doubt needs engineers…but which ones does it need most? Check out the Top Paying Jobs in Engineering as well as the Top Engineering Courses/ disciplines that have the highest demand in terms of jobs created every year.

Petroleum Engineering

Surprised? As per the data across various journals and job sites, Petroleum Engineers are amongst the best-paid engineers in the world. The engineers whose job is facilitating the extraction of oil and gas from the earth make anywhere between $114,080 to $166,400 per annum. In INR, this would be upwards of Rs. 75 lakh per annum. What is important to note here is that petroleum engineering is usually a master’s level profile. For the Indian job market, the median salary of a petroleum engineer is set at 9.44 lakh annually.

Nuclear Engineering

Fuel seems to be frontrunners and next to petroleum or oil and gas is nuclear energy. The highly specialized domain is also one of the top paying jobs for engineers in the world. A nuclear engineer, on an average earns somewhere between $99,000 to $142,000. This too is easily upwards of INR 68 lakh per annum. Indian average for the nuclear power generation engineering jobs is at about Rs. 8.44 lakh annually.

Aerospace Engineering

Next in the list of high-flyers are Aerospace Engineers or Rocket Scientists. The interdisciplinary domain of mechanical, instrumentation and designing is at the third spot when it comes to the salaries received. Much similar to the package received by nuclear engineers, aerospace engineers make about $97,000 to $143,000 per annum. Payscale.com puts the average salary of aerospace engineers in India at Rs. 8.17 lakhs.

Chemical Engineering

The other top paying engineering discipline or job worldwide is chemical engineering. These engineers are responsible for research, designing and troubleshooting the production processes in large scale industries. The high nature of risk and also the extensive research within the domain makes it one of the best paying engineering jobs. The range of salaries are about $90,000 to $136,000 annually. Glassdoor.co .in estimates the average base pay for chemical engineers at Rs. 5.89 lakhs annually.