Why is Engineering Still a Highly Paid Career Stream?
Engineering as a career is very lucrative. Let us check why this is so and what makes the engineering career so popular still today.
Engineering is still a highly paid career stream in India and worldwide because of the simple phenomenon called “supply versus demand”. The relentless advancement of technology has fueled the demand for engineers across industries. Against this, the number of skilled professionals always falls short of the demand, creating a competitive market that drives up salaries. Many other factors lead to the sprouting of engineering careers that are very lucrative.
To get into the field of engineering, a student can start by selecting science or IT & software as their subject preference in higher education. Thereafter, they can apply for admission to top engineering colleges in India like IITs, NITs and IIITs. Apart from the IITs, NITs and IIITs, many other colleges provide great engineering education, like BITS Pilani, VIT, Amrita University, SRMIST, Jadavpur University, and many more.
The degree that leads the candidates to land a career in Engineering is BTech / BE. Further candidates can also pursue Master's with MTech / ME degree. The scope of research is also immense in engineering with a PhD in engineering.
Also Read:
- Top Engineering Colleges in India other than IIT, NIT and IIIT
- List of Top IITs in India: NIRF Ranking, Courses, Seats, Fees & Placement
- List of NIT Colleges in India - NIRF Ranking, Courses, Seats, Cutoff, Fees and Placement
- List of IIITs in India: NIRF Ranking, Courses offered, seats & cutoffs
Let's understand why engineering is so lucrative all over the globe more than any other profession. Further, we will also discuss which engineering professions are most in demand and are highly paid.
- 10 Reasons Why Engineering is Still a Highly Paid Career Stream
- What are Some Highly Paid Engineering Jobs Today?
- How to Become an Engineer?
10 Reasons Why Engineering is Still a Highly Paid Career Stream
There are several reasons why engineering is a highly paid career option, like:
- Skilled Engineers are in High Demand
- Diverse and Challenging Field
- Continuous Technological Advancements
- Strong Industry-Academia Collaboration
- Government Initiatives and Infrastructure Development
- Global Recognition and Career Growth
- Entrepreneurial Opportunities
- Management and Leadership Roles
- Continuous Learning and Professional Development
- Rewarding and Impactful Career
Also Read: Engineering Stream Popularity Trends in Last 5 Years
What are Some Highly Paid Engineering Jobs Today?
Payscale is a trusted website that provides salary data from both traditional and nontraditional sources. As per Payscale, the top-paid engineering professions in India are as follows:
| Rank |
Job Title |
Average Yearly Salary (As per Payscale) |
|---|---|---|
| 1 |
INR 12,24,639 |
|
| 2 |
INR 11,69,110 |
|
| 3 |
INR 11,53,835 |
|
| 4 |
Cloud Architect |
INR 11,24,433 |
| 5 |
INR 10,57,366 |
|
| 6 |
Full Stack Engineer |
INR 9,93,445 |
| 7 |
Security Engineer |
INR 9,71,687 |
| 8 |
Automation Engineer |
INR 9,40,103 |
| 9 |
INR 9,16,477 |
|
| 10 |
INR 8,96,227 |
It is important to note that these are just average salaries, and actual salaries can vary depending on experience, skills, location, and company.
How to Become an Engineer?
Becoming an engineer and getting a job takes not just education, but also practical skills and experience. Here the major steps involved in becoming an engineering:
- Develop an interest in STEM subjects
- Choose an Engineering discipline
- 3Pursue a Bachelor's Degree in Engineering
- Maintain a good academic record
- Gain practical experience through Internships, Engineering Projects and Competitions
- Groom yourself well
- Prepare a compelling resume and cover letter
- Practice interview skills
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Currently: Assistant Manager - Content
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