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Top 10 Highest-Paying Engineering Degrees in the World

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Ifeoma Chuks
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Studying Engineering can be quite tough, and it happens with most courses too but the good thing is you can put your energy into studying the highest-paying engineering degrees.

This article will guide you through the highest-paying engineering degrees with some scholarships for international students relating to engineering. Here is a list of the top highest-paid engineering degrees in the world:

10. Biomedical Engineers:

Biomedical engineering is the bridge between medicine and conventional engineering. It uses advances in biological science to develop machinery and tools that can help diagnose, monitor, and treat medical conditions and injuries. Many large Biomed companies are competing in this lucrative market such as Johnson & Johnson and the medical divisions of both Siemens and GE.

9. Electrical Engineers:

Again, electrical engineers do a lot more than work with national electrical power companies to fix power failures. Electrical engineers are subject matter experts in all things electric, employing their finely tuned skills in a wide variety of industries, roles, and locations. They can be responsible for designing and running power stations as well as developing commercial products or designing and implementing control systems. If there’s an AC involved, then it’s likely that an electrical engineer will have had something to do with it. As a result, electrical engineers are employable in nearly every industry and, as technology advances, so too do their job and salary prospects.

8. Chemical Engineers:

Chemical engineers do more than spend their careers in a chemistry laboratory. Although there is a demand in academia and research, chemical engineers typically work for commercial businesses that seek to transform chemicals, materials, and energy sources into usable products such as plastics and other synthetics. As well as traditional engineering skills such as science and mathematics, the commercial nature of this job also demands a working knowledge of economics. Many large multinational companies specialize in chemical engineering.

7. Civil Engineer:

Contrary to my teenage self’s belief that civil engineers only build bridges, this engineering field has different sub-disciplines:

  • Structural: probably the most popular type of civil engineering. It entails the structural design and analysis of buildings, bridges, towers, tunnels, flyovers, offshore structures, and other manmade projects.
  • Construction: Deals with the planning and logistical side of building and construction work, and is more business-focused.
  • Environmental: Involves sanitary engineering, including harmful waste management procedures and environmental remediation work.
  • Transportation: Involves designing, monitoring, and building transportation routes, including roads, highways, railway systems, canals, airports, ports, and mass transit systems.
  • Coastal: Similar to water resources engineering (which focuses more on inland water management such as dams), coastal engineering deals with erosion and water defenses particularly in vulnerable areas.

Although these are the more notable areas, there are many other subspecialties. Aside from military engineering, this is the oldest engineering discipline in the world.

6. Mechanical Engineer:

Additionally, mechanical engineers don’t necessarily end up under the hood fixing cars. Mechanical engineering is a very broad discipline. At its core, it is the design and maintenance of anything comprises of moving parts. It requires a strong understanding and comprehension of the following key areas:

  • mechanics
  • dynamics and thermodynamics
  • materials science
  • structural analysis
  • electricity

It is the most common area of engineering and, as such, it can be used across all industries and fields. As a result, mechanical engineers are highly employable by almost any large organization that owns factories or manufacturing plants.

5. Industrial Engineer:

In a world where businesses are constantly looking to optimize production and manufacturing costs, eliminate wastefulness, and comply with environmental obligations, industrial engineers can be worth their weight in gold.

However, tasked with identifying and implementing solutions to these problems, they combine data analysis with knowledge and awareness of on-the-ground practices, integrating machinery, people, materials, and information into their processes. As a result, they need to be as adept in dealing with humans as they do anything mechanical.

4. Software Engineer:

Software engineers write, test, apply, and update the software code that is used by computers, applications, and other digital platforms. As a result, it’s important to possess excellent programming skills as well as an aptitude for problem-solving. As we move further into the digital age, software engineer jobs are in demand yearly. It is predicted to be one of the most common and important jobs of the near future.

Although any company that runs its databases requires software engineers, they form the core working body of many innovative tech giants such as Apple, Google, and Facebook.

3. Computer / Hardware Engineer:

Hardware engineering (not to be confused with software engineering). It is a combination of electrical engineering and computer science and is used to build the components that are used in computers, network systems, and other commercial products. As our world becomes digital, computer engineering is emerging as a highly valued profession. As a bonus, many of the companies who are seeking these skills are often prominent companies.

2. Aerospace Engineer:

Aerospace engineering is concerned with the development and maintenance of either aircraft (aeronautical) or spacecraft (astronautical). Due to its complex nature, it’s usually broken down into further engineering sub-disciplines. Some of which include avionics, aerodynamics, and propulsion. Most of the large aircraft manufacturers, such as Boeing and Airbus, offer positions directly, although it is also possible to work for part-specific companies such as GE or Rolls-Royce (who build engines). This is generally the second highest-paying engineering job in the world.

With that, I ended up in petroleum engineering. Living in an oil-producing country, it’s not hard to see how that would lead to a fulfilling career.

Well, I later learned that my assumptions about these engineering fields were all wrong. You can build a successful career in any of these and most other engineering fields. Engineering is one of the highest-paying professions in the world.

1. Petroleum Engineer:

The discovery and recovery of natural oil and gas resources is perhaps the most profitable business enterprise in the world. Six of the top ten richest companies in the world by revenue are oil and gas companies. In such a high-stakes industry, energy companies rely on the expertise of petroleum engineers – experts on the physical behavior of water, oil, and gas. Petroleum engineers are compensated handsomely by the global energy companies that hire them. The drawback is that petroleum engineers are restricted to a particular industry. You can also take advantage of one of the biggest scholarships in petroleum engineering.

In conclusion, careers in engineering are enormously varied, with the opportunity to work in fascinating fields and get well paid – especially in the energy and IT sectors. These highest-paying engineering degrees we just listed above make engineering one of the best highest-paying jobs.

Let’s help you

Wondering how to go about your admission processing into schools in the US and Canada? Don’t worry! We’ve got your back! Enrolling in the top universities in the world can increase your chances with employers. Unfortunately, it can be quite expensive to study abroad due to the current economic crisis. But this should not limit you as there are other options you can explore to enhance your career. 

MPower Finance and Prodigy Finance are some of the best student loan providers for international students. They also do not require any cosigner or collateral before application. At EdXtra Associates, we can help you with your loan application process. We also provide educational consultancy services for international students to help make your journey easier and faster. You can reach out to us, as we’d love to guide you through this journey. Is this post helpful? Subscribe to our newsletter for more.

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Author

  • Ifeoma Chuks is a naturally-skilled writer. She has written and contributed to more than 6000 articles all over the internet that have formed solid experiences for particularly aspiring, young people around the globe.

    Content Manager

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