Engineering Salary Information

Terry A. RingChemical EngineeringUniversity of Utah

Go to College and Get and Education

Why do your parents keep saying that?

Education Pays

What do you want to be when you grow up?

Many possibilities to use your scientific education! Biologist Chemist Physicist Engineer

YOUR DECISION HAS CONSEQUENCES! $$$$$$ Financial Consequences!

How Much Do You Want to Earn When You Grow up?

How Much Does It Cost To Live?

House mortgage/rent $1000/mo. 2 Bedroom Apartment $2000/mo. (or more) Mortgage for Nice House

The Housing cost should be no more than 35% of total Income, so $1000/mo./0.35=$2860/mo. $34,000/yr. $2000/mo./0.35=$5715/mo. $68,000/yr. (65% for Car, food, retirement and savings)

So which jobs are popular and which pay well?

Popular Jobs have High Growth Rate

Chemistry Job Growth rate is ~14%/yr

Do the Popular Professions Pay Well?

Which Job Pays More?

Computer Engineer?Biologist?Chemist?Chemical Engineer?

Salary Information for Engineering

Median Salary for B.S. Chem. Eng. =$62,000/yr (2000 data) Starting Salary B.S. Chem. Eng. ~$59,000/yr (2007 data)

Starting Salary