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 engineering career so popular still today.

Why Engineering is Still a Highly Paid Career Stream

Why Engineering is Still a Highly Paid Career Stream Engineering is still a highly paid career stream in India and worldwide because of simple phenomenon called “supply versus demand”. The relentless advancement of technology has fueled demand for engineers across industries. Against this, number of skilled professionals always falls short of demand, creating a competitive market that drives up salaries. Many other factors lead to  sprouting of engineering careers that are very lucrative. 

To get into 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 in top engineering colleges in India like IITs, NITs and IIITs. Apart from 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 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 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

There are several reasons why engineering is a highly paid career option, like:

1. Engineers are always in demand
2. Engineering is a diverse field.
3. It has ever evolving roles with advancement of technologies and demand.
4. There are many entrepreneurial opportunities
5. Growth is inevitable
6. Government initiatives always keep this field relevnat
7. High scope of continuous development and growth
8. There is a strong collaboration of industry and academics
9. Very rewarding and impactful career
10. Global recognition

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: 

It is important to note that these are just average salaries, and actual salaries can vary depending on experience, skills, location, and company.