According to recent BLS statistics, there is a great deal of average starting salary disparity between masters programs in mechanical engineering. So, it may be difficult to gauge the market value for SEs that hold a masters degree in mechanical engineering (ME). The best way to determine an accurate value for your ME position is to look at industry averages and other individual job analysis processes.
The average starting salary for a graduate with a M.S. in Mechanical Engineering can be over $64,000 as of 2012. This was an increase of $1,200 from the previous year of 2011. There are many factors that are taken into consideration to give out such pay like the engineer’s education level, training and experience. One thing that is not easily measured and often overlooked is the impact of a growing economy on the starting salary for a job and the demand for certain type of workers.
Average starting salary for masters in mechanical engineering
The average starting salary for masters in mechanical engineering is about $77,000. However, as with most careers, there are variances depending on location and specialty. In general, the highest degree of pay is attained by those working in the energy, utilities, or aerospace industries.
Currently, the average starting salary for someone who has graduated from a mechanical engineering program and is entering the workforce is around $50,000. This varies depending on where you work and the program you attended, however. For example, students who attend the University of Texas for a graduate degree in mechanical engineering could expect an average starting salary of about $59,000. If you went to Purdue to earn your advanced degree in mechanical engineering, however, your average starting salary would be closer to $47,000.
The average salary for a mechanical engineering graduate, who is actively looking for work upon receiving their degree, is in the neighborhood of $68,000 a year. This likely varies depending on the specific employer and location, but it nevertheless represents great wages for a profession that requires only a two-year commitment in terms of education.
If you’ve always wanted to learn more about mechanical engineering, and perhaps eventually pursue a career in the field, you could do worse than to start by looking into Masters in Mechanical Engineering (MMEs) at your local college or university.
The above information should be useful in helping you find the right engineering field to focus on, as well as the right schools to attend. If you want to work in structural or aerospace engineering, grad school is probably your best bet. If you’re interested in the other fields, a bachelor’s degree will suffice for most jobs. However, since wages vary so much by region, it’s best to look at available roles in your area before making a final decision.