collageWith a career in engineering there are the obvious salary benefits, but it isn’t just a higher salary that makes an engineering master’s a good job option. You’ll qualify for more jobs, have greater job security and put yourself in the best position to stay up-to-date on your skills.
For a masters degree holder in electrical engineering, the salary you can expect will depend on the type of company you work for, which city you find employment in, and even on the state of the economy. While starting salaries are more fixed than they used to be, this college major still has a lot of room for potential growth.
We have provided comprehensive information on masters in electrical engineering salary in the US, masters in electrical and computer engineering salary, masters in electrical engineering technology salary in the article below.
In addition to that, you will also find posts on Collegelearners on entry-level electrical engineer salary, electrical engineering bachelors vs masters salary, masters in mechanical engineering salary, and so much more. Endeavour to surf through our catalogue for more information on related topics.
Salary of Masters In Electrical Engineering
According to our 100% employer reported salary sources the median salary for an Electrical Engineer, with a Master’s Degree or MBA is $70,677 – $73,685. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus. masters in electrical engineering worth it master in electrical engineering salary Canada electrical engineer salary electrical engineering PhD salary
| Salary Range (Percentile) | |||
|---|---|---|---|
| 25th | Average | 75th | |
| Annual Salary | $54,000 | $88,253 | $111,500 |
| Monthly Salary | $4,500 | $7,354 | $9,292 |
| Weekly Salary | $1,038 | $1,697 | $2,144 |
| Hourly Salary | $26 | $42 | $54 |
what jobs can you get with a masters in electrical engineering
Some of the most common areas in which electrical engineers work include architectural and engineering services, electrical power generation, transmission and distribution, semiconductor and electronic component manufacturing, and the design of instruments used for navigation, medicine and measurements of various kinds. Electrical engineers are also employed by the U.S. Postal Service and the federal government.
Master’s in Electrical Engineering Jobs
- Circuits Engineer.
- Controls Engineer.
- Design Engineer.
- Instrumentation and Electrical Reliability Engineer.
- Power Systems Engineer.
- Test Engineer.
- Field Service Engineer.
- Hardware Design Engineer.
Electrical Engineer
Electrical engineers work in the design and development of electrical systems. They create systems for automobiles, robotics, aircraft, or power generation for an entire city. Engineers are required to be licensed, which can be achieved by completing a bachelor’s or master’s degree in electrical engineering and taking an examination. Passage of an initial examination enables the graduate to become an engineer in training or engineering intern. After working as an engineer, the candidate may sit for the Principles and Practice of Engineering exam and become licensed.
Career Outlook
Although there continues to be a high demand for electrical devices and systems in all industries, outsourcing of labor to other countries is expected to limit the growth of jobs in electrical engineering. The U.S. Bureau of Labor Statistics (BLS) projected only a 5% job growth over the decade 2018-2028 for electrical engineers. Those who provide consultation and expertise to manufacturers are expected to have good employment prospects.
Salary
The BLS reported in May of 2018 that the median annual salary of electrical engineers was $96,640. During that time, the highest paying industries for electrical engineers were oil and gas extraction and mining support activities.
Electrical engineers are most commonly employed in the fields of architectural and engineering services and the electric power generation, transmission and distribution industries. Average job growth is expected for electrical engineers from 2018-2028, per the BLS.
There are some disciplines where it’s almost imperative to move straight from a bachelor’s degree into a post-grad education; without the graduate degree, career progression and mobility is restricted.
And then there’s the engineering field.
A master’s degree isn’t a prerequisite for employment. It’s not even necessary to land a good starting salary. So, is it financially worth it to pursue a master’s in engineering – especially if that master’s is in the US?
The answer isn’t always simple. You’ll need to weigh up a number of factors – pre, during and post-studies. Luckily, we’re here to help.
We’ve got everything you need to know about the master’s engineering salary you can expect after graduation, the MS in USA costs you might be up against, and the nuances of a STEM master’s in the US.
Masters In Electrical Engineering Worth It
Engineers tend to make a lot of money.
Sure, there’s a lot of variation in pay scales, but engineering salaries are overwhelmingly respectable.
According to GoodCall, an online platform dedicated to higher education news, those with graduate degrees earn an average of $17K more than those without… and that’s across any discipline.
That’s exactly why undergraduate professors urge students to move straight into their graduate degrees; it’s difficult to find the right time to return to school.
What’s the difference between engineering degrees?
There are definite distinctions between the different levels of engineering degrees:
Bachelors degree
You have a general understanding, with perhaps a touch of specialisation (depending on where you study).
Masters degree
You can lead a team of engineers – and, more importantly, you’ve narrowed your focus within the different disciplines.
PhD degree
You can pursue research and projects at the highest levels within private and public industries.
At MIT, the median starting salary in 2017 for those with bachelor’s degrees was $85K; while those with a Master’s in Engineering degree have a median salary of $115K. That’s an enormous difference.
entry level electrical engineer salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $139,500 | $11,625 |
| 75th Percentile | $111,500 | $9,291 |
| Average | $88,253 | $7,354 |
| 25th Percentile | $54,000 | $4,500 |
Bachelor of Science
Master of Science
Master of Engineering
Mean salary
$88,381
$87,812
$108,973
Median salary
$85,000
$85,000
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electrical engineering bachelor degree salary
A Georgetown University study, The Economic Value of College Majors, conducted in 2015 provides a stunning overview of bachelor’s and graduate salaries according to the field. It’s generalised, insomuch as it doesn’t take into account the expected master’s engineering salary per university and only considers American salaries (whether students are international or not).
Bachelor’s
25th %
$65,000
Median
$90,000
75th %
$118,000
Master’s
25th %
$85,000
Median
$112,000
75th %
$144,000
Bachelor’s
25th %
$45,000
Median
$70,000
75th %
$98,000
Master’s
25th %
$54,00
Median
$87,000
75th %
$135,000
Bachelor’s
25th %
$67,000
Median
$96,000
75th %
$130,000
Master’s
25th %
$77,000
Median
$107,000
75th %
$160,000
Bachelor’s
25th %
$61,000
Median
$83,000
75th %
$109,000
Master’s
25th %
$73,000
Median
$101,000
75th %
$134,000
Bachelor’s
25th %
$64,000
Median
$87,000
75th %
$114,000
master’s in computer engineering salary
25th %
$78,000
Median
$101,000
75th %
$134,000
Bachelor’s
25th %
$66,000
Median
$103,000
75th %
$123,000
Master’s
25th %
$85,000
Median
$112,000
75th %
$152,000
Engineering and industrial management
Bachelor’s
25th %
$52,000
Median
$78,000
75th %
$114,000
Master’s
25th %
$76,000
Median
$108,000
75th %
$148,000
Bachelor’s
25th %
$60,000
Median
$76,000
75th %
$101,000
Master’s
25th %
$61,000
Median
$88,000
75th %
$108,000
Bachelor’s
25th %
$56,000
Median
$81,000
75th %
$110,000
Master’s
25th %
$75,000
Median
$101,000
75th %
$141,000
Bachelor’s
25th %
$65,000
Median
$87,000
75th %
$116,000
Master’s
25th %
$80,000
Median
$107,000
75th %
$142,000
Petroleum Engineering
Bachelor’s
25th %
$89,000
Median
$146,000
75th %
$243,000
Master’s
25th %
$87,000
Median
$128,000
75th %
$207,000
Master’s In Engineering Salary
Back in 2010, the (American) National Society of Professional Engineers reported the increasing engineering salaries:
- New bachelors degree holders had a median annual salary just shy of $55K.
- After a year or two of experience, they could expect that number to bump to $57K.
- With a masters degree and a few years of work, engineers took in about $61K.
Over the years, those masters engineering salary medians have only continued to grow.
Both the growth and difference in income is much easier to see when looking at Carnegie Mellon’s College of Engineering 2018 salary statistics.
In some fields, the jump between bachelors and masters salaries is strikingly obvious.
Biomedical Engineering Salaries
Average
Median
Range
Bachelor’s
$73,750
$74,000
$29,750 – 108,000
Master’s
$83,097
$81,986
$30,000 – 120,000
Chemical Engineering Salaries
Average
Median
Range
Bachelor’s
$72,613
$73,500
$29,750 – 102,000
Master’s
$85,191
$77,000
$62,000 – 119,000
Civil and Environmental Engineering salaries
Average
Median
Range
Bachelor’s
$64,311
$64,000
$50,000 – 100,000
Master’s
$66,379
$60,000
$28,800 – 120,000
Electrical and Computer Engineering Salaries
Average
Median
Range
Bachelor’s
$106,575
$110,000
$52,000 – 146,000
Master’s
$111,939
$115,000
$60,000 – 155,000
Material Science and Engineering Salaries
Average
Median
Range
Bachelor’s
$73,916
$74,250
$50,000 – 95,000
Master’s
$72,786
$72,000
$50,000 – 93,000
Mechanical Engineering Salaries
Average
Median
Range
Bachelor’s
$70,554
$72,137
$45,000 – 89,500
Master’s
$87,335
$83,000
$50,000 – 130,000
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