Salary for a Mechanical Engineer with a Masters Degree
Mechanical engineers are responsible for the design, development and production of just about everything mechanical, from jet fighter planes and cars to air conditioners and toasters. Salary for those with a master's degree in mechanical engineering depends on several factors, including job, certification and employer.
What Salary Can I Expect with a Master's Degree in Mechanical Engineering?
Mechanical engineers use physics, mechanics, thermodynamics, structural analysis and materials science to research, design, develop and manufacture tools, machines, engines and various other mechanical devices. They may design manufacturing plants, industrial equipment, robotics, medical devices, artificial organs, heating and cooling systems, aircrafts and even simple toasters. They may also be responsible for the installation, operation and maintenance of such equipment, tools and systems.
Mechanical engineers, by designing manufacturing equipment and tools, also influence the way many other products are designed and manufactured, such as doors, shoes and cameras. Mechanical engineers work in virtually any manufacturing industry, including aerospace, automotive, agriculture, chemical, power generation, medical and environmental.
Factors Influencing Salaries
The salary for those with a Master of Science in Mechanical Engineering (M.S.M.E.) is dependent upon several factors. First, salary varies by job and years of experience. Additionally, there are various certifications available for mechanical engineers; certification can have an effect on income level. Finally, employer type can affect salary. For example, employees with a master's in mechanical engineering are paid the most at hospitals and the least at colleges and universities, according to PayScale.com.
The tables below show how median salary for those with a master's in mechanical engineering vary according to the four variables - job, years of experience, certification and employer. The information, current as of June 2010, was gathered from PayScale.com.
Median Salary for a Master's in Mechanical Engineering by Job
|Job Title||Median Salary|
|Mechanical Design Engineer||$61,959|
|Design Engineering Manager||$107,784|
Median Salary for a Master's in Mechanical Engineering by Years of Experience
|Years of Experience||Median Salary|
|Less than one||$59,371|
|20 or more||$107,117|
Median Salary for a Master's in Mechanical Engineering by Certification
|Certified Professional Engineer (PE)||$91,146|
|Project Management Certificate||$102,063|
|Project Management Professional (PMP)||$101,470|
|LEED Accredited Professional||$85,793|
|Occupational Safety and Health Administration (OSHA)||$80,000|
Median Salary for a Master's in Mechanical Engineering by Employer
|State and Local Government||$79,000|
|College and University||$59,598|
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