Electrical Engineering Salaries: Knowing Fact from Myth

Jun 17, 2015

If you’re into math and science – and looking for a high-demand profession – consider earning your college degree in engineering.

A report by Georgetown University notes: “The most sought-after graduates hold degrees in so-called STEM fields: science, technology, engineering, and mathematics. Of the 2.5 million jobs added in the past year, one in four were in engineering, computer science, and science-related professions.”

The rising demand to hire engineering graduates and, more specifically, electrical engineers encourages students to pursue a career in the field of electrical engineering. Students often ask about the qualifications and salary expectations.

Students should know about salaries in the field. They should be able to discern fact from myth when deciding on an electrical engineering degree program and future career opportunities.

Florida Polytechnic University has outlined the following facts and myths regarding an electrical engineer’s salary.

Myth or Fact? Electrical engineers only build rockets, robots and electric vehicles.

Myth! While electrical engineers do work on these futuristic projects, they do so much more! Electrical engineers design, test and develop control systems and digital systems that involve electrodynamics, magnetics and semiconductors. Electrical engineers study and apply their knowledge to solve real-world problems dealing with electricity, electronics and electromagnetism.

Graduates with a degree in electrical engineering from Florida Poly will be prepared to start their career in electrical engineering, but their salary depends on several factors. These include industry, location, company size, work experience and level of education.

According a report by Payscale, graduates who obtain an entry-level position in the engineering field can expect salaries ranging from $50,000 to $65,000.

Myth or Fact? The industries where electrical engineers earn the most include mining, quarrying, oil and gas extraction and computer systems design.

Fact! According to a U.S. Bureau of Labor Statistics report, the industries offering electrical engineers the highest salaries include:

  • Oil and gas extraction
  • Computer systems design
  • Aerospace manufacturing navigation
  • Semiconductor and associated parts manufacturing

Myth or Fact? The salary for a mid-level to senior-level electrical engineer ranges from $70,000 to $100,000.

Fact! The U.S. Bureau of Labor Statistics outlines that mid- to senior-level salaries range from $70,000 to $100,000. Mid- to senior-level electrical engineers use advanced software, equipment and computers to complete projects involving products or machines that produce electricity. They use their extensive knowledge of electrical and navigation systems to solve real-world problems and applications. These professionals typically have a bachelor’s degree and a minimum of three to five years of experience in the field.

Students with additional questions about a degree in electrical engineering, should visit Florida Poly’s Academics page.