After you’ve decided on a major, it’s time to think about what kind of career you want. Your choice will have a significant impact on your salary and the opportunities available to you as an engineer.
If you’re thinking about becoming a mechanical engineer, there are two main paths: a Bachelor’s degree or a Master’s degree. Which one is right for you?
First, let’s take a look at what each degree option has to offer.
A Bachelor’s degree in Mechanical Engineering will teach you how to use math and science to design systems that move, transport, and deliver energy. This degree can prepare you for careers as an automotive engineer or robotics engineer. If your interests lie in mechanical design and manufacturing, this may be the path for you!
A Master’s degree in Mechanical Engineering is designed for students who want to sharpen their skills in research and design methods. If this sounds like something that interests you, then this might be the right choice for your future career as an engineer.
But what do these options mean for salary? Well…that depends on where they’re located (and whether they’re public or private). In general though, here are some average salaries by state:
Mechanical Engineering Salary Masters Vs Bachelors
Introduction
The U.S. Bureau of Labor Statistics (BLS) reports that about one-third of mechanical engineers have a master’s degree. The BLS also reports that the annual mean salary for a mechanical engineer with only an associate degree is $71,200, and $89,800 for those with only a bachelor’s degree. For those with a master’s degree, the median annual salary is $106,900.
Mechanical engineers with only a bachelor’s degree earn an average of $18,000 more per year than those with only an associate degree.
>As you can see, the average salary for a mechanical engineer with a bachelor’s degree is $70,000. However, that number jumps up to $90,000 for those who have both a master’s degree and PhD! In fact, the average annual wage for engineers with only a bachelor’s degree was just $928 more than those with an associate degree.
So if your goal is to earn more money as soon as possible in your career as a mechanical engineer, then earning both your bachelor’s and master’s degrees should be priority numero uno.
Mechanical engineers with a master’s degree earn an average of $26,000 more per year than those with only a bachelor’s degree.
A master’s degree in mechanical engineering is a wise investment. Sure, it takes longer to complete than a bachelor’s degree and costs more money—but it can also help you get a higher paying job. The average salary for a mechanical engineer with a master’s degree is $70,000 per year—almost $26,000 more than those who hold only bachelor’s degrees!
You might wonder: why do people choose to invest in graduate school? According to the National Association of Colleges and Employers (NACE), graduates who hold advanced degrees earn higher salaries than their peers. Higher paychecks may not be the only reason why you should pursue further education; there are other benefits worth considering as well.
If you have questions about mechanical engineering, reach out to Varsity Tutors today.
Our tutors are available to help you with any questions related to mechanical engineering. If you would like more information about our services, please contact us today.
Varsity Tutors is a great place for students to get homework help online or in-person. We provide one-on-one tutoring and private classes on a wide variety of subjects, including mechanical engineering. Our online tutors can explain concepts in detail, offer practice problems and exercises, and assist with your coursework if necessary. They will also help you develop study habits that will ensure that you have success with your work time after time. The best part? You don’t have to leave the comfort of home! Students who prefer an interactive learning environment can sign up for an in-person session at their local Varsity Tutors location–and even take advantage of special offers such as summer camp discounts!
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You can be successful as an engineer no matter your educational level.
You’re not alone if you’ve decided to pursue a career in engineering without obtaining a degree. In fact, according to the U.S. Bureau of Labor Statistics (BLS), about one-third of all engineers report having an associate’s or higher level degree. Furthermore, the BLS also reported that over half of all employed engineers had worked without a college degree for at least five years before entering their current field.
In other words: don’t let ‘no college degree’ hold you back! There are many ways professional engineers can be successful with or without having gone to school for four years or more; it just depends on what motivates them and what skills they want to develop in order to achieve those goals. If becoming an engineer is something you’ve always dreamed about doing but feel discouraged by your lack of formal training, don’t give up yet! Remember that there are plenty of people who have succeeded in this field without earning degrees—and even though it may seem like everyone has already moved forward on their careers by now…they haven’t! You still have plenty of time left before these opportunities become obsolete (or even get taken away entirely).
Conclusion
We hope this article has helped you understand the earning potential of mechanical engineers with varying levels of education. If you’re considering becoming a mechanical engineer, and are looking for ways to improve your skillset, consider working with a private tutor or enrolling in an online class.