Jack Ma: Story of Alibaba E-Commerce and Online Retail by GineersNow GineersNow Engineering Magazine Issue No. 013, Jac | Page 26

Source: Giphy WHICH ENGINEERING JOBS HAVE THE HIGHEST SALARIES? Mechanical? Chemical? Electrical? Check which ones enjoy lucrative pays! Everyone knows for a fact that engineers are among the highest paid professionals in the world. Each one of us knows at least one engineer, and for that it’s a common observation that he or she lives with relatively lesser financial struggles. Due to the difficulty and the global demand of the job, engineering remains to be at the top when it comes to median salaries. This is one of the many reasons why many are motivated to pursue this career – because of the lucrative pay. But among the long list of engineering courses offered in universities worldwide, there are fields that offer way higher pay than the others. Here are six of those as evaluated from reports and statistics of reputable sources including the U.S. Department of Labor Bureau of Labor Statistics. PETROLEUM ENGINEERING As the global demand for energy increases, the need for petroleum engineers goes with it. That’s because these engineers are responsible for the production of oil and gas. The median salary for new petroleum engineers is estimated at $74,240, the highest across all engineering fields. Later, this increases to $132,320 during mid-career, and even $186,520 when there is ample work experience. Because the petroleum engineering industry is slated to have employees that will retire in the next decade, this is a recommended career choice to fill available positions. 26 E-Commerce, Online Distribution and Management • March 2017