is electrical engineering a lucrative career????

Answer 1

for sure EE is a lucrative career...it has been the most popular type of engineering at least for the past decade if not more.

Answer 2

Actually my experience is Civil and Mechanical Engineers are paid better than Electrical Engineers on average. It is in the end a supply and demand problem, when the demand for Mechanical engineers is high they demand more salary when the demand wind blows for Electrical Engineers they get more money.

The real money is in Management, Get your Engineering Degree, Minor in Marketing then get an MBA.

Those guys who stuck strictly with engineering and won't understand the business will be coming to you asking for their raise.

Sorry that's the way the world works, you want to be the guy that knows 'WHY' not necessarily the guy who knows 'HOW'

You will do OK as a good or excellent Electrical Engineer but you will do much better in the long haul as the Engineering or Business Manager.

Answer 3

It depends on what field of electrical engineering and what is your function. I work as a communications systems engineer, for 4 years since graduating with a BS in electrical engineering, and work for an electric utility company in Alaska. I make about $80,000 a year. Many of the people that graduated working for design firms are only making between $40,000 - $50,000 year. Stay away from design firms it will be cheap pay and long hours.

I think that function can affect your pay almost more then speciality. For example at the electric utility company listed below most senior engineers make about $95k, managers about $115k, and senior managers about $158k.

If you work as a patent agent for the USPTO you can make $100k in 4 years but the work will be boring and you are not designing anything. I have one cousin that works as a global support engineer at his house and gives software help for corporate customers and he makes about $130k a year.

You could always get a Cisco CCIE with an IT degree, computer science, or electrical engineering and make about $120k with a fair amount of effort.

You also have to look out for jobs that will be outsourced to India and China. Take a job that either requires advanced education like a MSEE or requires a physical presence on site. If the job can be done remotely there is no guarantee that you will be employed in the future.

One of the safeste jobs is to work for an electric utility company. Most of the people I know working there have been around for 10 to 30 years with a 401k and pension plan.

I hope this helps a little, good luck.

Answer 4

you can get rich in any profession if your good at it. if you are rubbish then you won't go anywhere...

sorry to seem vague, but there are so many factors to take into account here. you need to think about what sector, what kind of job, will you be self-employed, how much academic and practical experience do you have etc. it depends on a whole lotta things.

Answer 5

Absolutely! But you better be ready to work hard and long hours as a STUDENT. Once you graduate though, get ready for the big bucks!

Answer 6

Good knowledge of physics is needed but if you have that you could look forward to great pay