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Base salary MBA candidates expect to earn-2006

HIT THE HEADER IF YOU ARE UNABLE TO SEE A TABLE

Expected Salary first
job after graduation $
Industry Expected
Salary five
years after
graduation $
103,27498,088

97,563

95,971

95,726

95,342

93,155

92,838

92,809

92,733

91,531

91,432

91,426

90,752

90,220

89,500

89,097

89,043

88,919

88,424

88,326

88,200

87,763

87,743

87,046

87,012

86,962

86,871

86,684

86,667

86,100

85,724

85,592

85,289

85,266

85,178

84,908

84,339

84,027

83,180

82,130

81,394

79,908

79,804

56,531

88,087

Venture capitalInvestment management

Management consulting

Internet/e-commerce

Investment banking

Computer software

Financial services

Energy/power

Biotechnology

Telecommunications

Hospitality

Healthcare/pharmaceutical

Real estate

Computer hardware

Healthcare

Metals

Other

Electronics

Chemical/petroleum

IT consulting

Food service

Utilities

Airline/travel

Academic research

Automotive

Consumer goods

Hotel/restaurant/tourism

Retail/fashion/apparel

Engineering/manufacturing

Forestry/paper/pulp

Entertainment/media/public relations

Network communications/data networking

Insurance

Commercial banking

Government/public service

Engineering consulting

Aerospace/defense

Non-profit

Environmental/conservation

Transportation/distribution/logistics

Agricultural

Construction

Education/teaching

Advertising/public relations

Auditing/accounting/taxation

Average

234,344225,254

195,341

177,324

239,336

173,842

194,733

168,435

160,629

178,493

172,188

158,157

183,755

144,504

159,541

186,800

157,480

144,281

152,453

154,208

176,075

160,385

166,835

173,456

144,606

143,776

143,228

155,552

142,374

139,444

150,435

163,069

175,938

155,832

144,882

133,378

142,212

138,309

130,342

143,083

144,545

141,563

139,554

126,402

92,000

167,052

CNN MONEY

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Electrical Engineering Jobs & Salaries

Typical Electrical Engineering Jobs

From University of Arkansas
The following are typical jobs for an electrical engineer.  This is a small random sample of typical jobs rather than a complete list.

  1. Power Plant Designer – Some electrical engineers make a career out of designing new power plants for generating electricity.
  2. Power System Design Engineer – This could be an engineer who designs the electrical power distribution system for a company.
  3. Substation Engineer – This is an engineer who specializes in the construction and maintenance of high voltage electrical substations.
  4. Power Electronics Designer – This is an engineer who specializes in the design of electronic circuitry that controls high power motors or other equipment, or that is used in the power grid.  Electric cars use power electronics.  Power electronics is also important in windmill design.
  5. Digital Designer (Board Level) – A board level digital designer designs digital electronic equipment.  He or she designs the printed circuit boards inside all manner of digital devices, and the circuitry that goes on the boards.  Most such designers work in teams.
  6. Integrated Circuit Designer – An integrated circuit designer designs the circuitry on integrated circuit chips, and the layout of the circuitry on the chips.  Most such designers work in teams.
  7. Integrated Circuit Test Engineer – An I.C. test engineer designs tests for integrated circuits.  This is an essential occupation because manufacturing defects cause a substantial percentage of newly manufactured integrated circuit chips to be faulty.
  8. Mixed Signal I.C. Designer – This is an integrated circuit designer who specializes in the design of mixed analog/digital circuitry.  This is circuitry that has both analog & digital components on the same chip.
  9. Process Engineer – Some process engineers design the physical and chemical processes used in manufacturing integrated circuit chips.  Other process engineers maintain the equipment used in integrated circuit fabrication lines and keep the fabrication lines working.
  10. Device Engineer – A device engineer makes measurements on semiconductor devices and on the processes that produce them, with the goal of fixing problems or weaknesses in the process.
  11. Design Automation Software Engineer – This is an engineer who designs the software tools that electrical engineers use to help them design complex circuitry.  Knowledge of both electrical engineering and computer engineering is required.
  12. Embedded Systems Design Engineer – Designs microcomputer-based systems that are embedded in larger systems to accomplish a task.  Examples include a system that would be the brains of the autopilot of an airplane, or control the path adjustment of a satellite.
  13. Digital Signal Processing Engineer – Designs systems using DSP chips that analyze or change analog or digital signals.  Examples include the generation of an HDTV signal, or the design of a system to encrypt message transmissions.
  14. Maintenance/Electrical Supervisor – This would be an engineer who supervises the personnel who are maintaining the electronic systems in a manufacturing plant.
  15. Analog Circuit Designer – This is an engineer who specializes in the design of the analog circuitry for some class of application.  An example would be the design of high speed drivers and receivers for communications links.
  16. Engineering Manager – An engineering manager manages teams of other engineers.  Many managers also spend a lot of their time interacting with other companies that sell or design equipment that is used by the manager’s company, or interacting with the company’s industrial customers.
  17. System Designer – Designer of an entire system.  A system designer supervises the design of a complete electronic system of some sort.  A system could be as large as a television set or the electronics system of an aircraft, or it could be as small as a single complex integrated circuit chip.
  18. Manufacturing Engineer – A manufacturing engineer specializes in the design and maintenance of assembly and manufacturing processes for electronics.  An example would be an engineer who sets up automated equipment for placing the components onto a printed circuit board and soldering them.
  19. Customer Support Engineer – Answers technical questions and solves problems for a company’s industrial customers.  May involve travel.
  20. Packaging Engineer – Makes all of the critical decisions on how a collection of electronic components becomes an electronic system.  He or she determines what kind and complexity of circuit board is needed, how much room the components will occupy, how the heat will be removed from the system, what package and power technologies to use, etc.
  21. Signal Integrity Engineer – Analyzes the performance of the wiring that connects the integrated circuit chips in a package or on a printed circuit board, and makes improvements in the wiring when necessary.  He or she insures that signals are not corrupted passing through the wiring.
  22. Designer of Image Sensor Arrays –  A designer of the arrays of photosensors that are used in a camera or video camera.  The sensors may use nanostructures.

Electrical Engineering Salaries
The table below shows average starting salaries for electrical/electronics & communications engineers based on their highest college degree.  The starting salaries were obtained from the Bureau of Labor Statistics.

Degree Average Starting Salary $
Bachelor’s 51,888
Master’s 64,416
Doctorate 80,206

The following table shows the distribution of incomes among electrical engineers for May 2004.  This data also comes from the Bureau of Labor Statistics.  The table indicates, for example, that 90% of electrical engineers make less than $108,070.00 per year, and that the remaining 10% earn more than this amount.  The table refers to salaries of all electrical engineers in May 2004, not just to starting salaries.

Percent Less Than 10% 25% 50% 75% 90%
Salary $ 47,310 57,540 71610 88,400 108,070

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Starting Salaries US College Graduates: Summer 2007

Trade Increase % Earnings $
Chemical Engineering 5.4 59,361
Computer Engineering 4.8 56,201
Mechanical Engineering 4.6 54,128
Electrical Engineering 3.2 55,292
Civil Engineering 5.4 48,509
Computer Science 4.1 53,396
Information Science 4.6 50,852
Information Systems 4.2 47,648
Marketing 6.1 40,161
Accounting 2.3 46,718
Business Administration 3.9 43,701
Political Science 5.9 34,590
English 5.3 32,553
Psychology 4.7 31,631
Sociology 3.5 32,033
History 3.3 33,768
Economics new to the list 48,483
Finance new to the list 47,239

Source:National Association of Colleges and Employers