Well, as it turns out when it comes to an MBA, that advice may actually be turned on your head. As Jay Rogers previously pointed out, while an MBA may be beenficial in many career fields, the value to an engineer may be limited. Marketing skills gained from an MBA along with a nuts and bolts understanding of the business of your company can lead to better promotional opportunities. It’s not even necessary to land a good starting salary. Earn a scholarship worth up to $10,000. I know because I graduated in Industrial Engineering last year and I am now working in one of the largest engineering companies in the world. Industrial engineering is a great degree because it has so many opportunities- you can work anywhere from a hospital to a manufacturing plant to a law firm. Masters in Financial Engineering Worth It? And, these are a terrific place to start for estimates. We’ve got everything you need to know about the master's engineering salary you can expect after graduation, the MS in USA costs you might be up against, and the nuances of a STEM master’s in the US. Your email address will not be published. in Industrial Engineering in December. Ultimately, you need to do some soul-searching and figure out what you really want to do. If there are 400 businesses recruiting on campus during the course of a few days, you simply won’t have time to market yourself to every single company! That's the best way to find out if you are really interested in the real-world version of the occupation. As a numbers and facts minded person, however, you should realize there’s another factor missing from the cost equation. Over 15,000 requests for placement, 97% wanted a Bachelors of Science in Engineering, a far less impressive 1.7% asked for an engineering Masters and a minuscule .6% required an MBA, An MBA May Actually Make You Less Attractive to Some Employers, MBA Material Not Exactly Challenging for Engineers. Prodigy Finance Limited is incorporated in the United Kingdom (Company Number 05912562) with its registered address at Palladium House 1-4 Argyll Street, London, W1F 7LD and registered with the Office of the Information Commissioner (Reg. Take extra courses and certifications, and you could eventually become a data scientist. And, you don’t have complete control over when you undertake particular classes. I knew I couldn’t afford to make such a mistake for my master’s degree, so I carefully researched every single option available, and I came across industrial engineering (IE). The commitment necessary to switch tracks and get an advanced degree to back it up, on the other hand, can bolster the argument that you’re really, truly serious about the switch in paths. Pay ranges for people with a Master of Science (MS), Industrial Engineering (IE) degree by employer. Master of Science in Systems Engineering provides a broad education and opportunities for students to design engineering systems, solve operational problems, and shape organizational structures. Sure, our set-up of the problem may have left you with more questions than answers, but never fear. Dennis Chandler comments on his own experience: “I increased my salary by 61% once I finished my MBA, and made the move from the aerospace industry to the more lucrative medical device industry. Add to that an innate understanding of the language of business and you’re a one-two combo that c-suite’s dream of. Verify that the school that you’ll be attending is accredited, with a decent reputation and you may be able to save yourself a few thousand dollars on tuition and related fees. You could apply your degree to many different careers- you could be a traditional industrial engineer, project manager, supply chain analyst, quality controller, systems engineer, consultant (the list goes on and on...) and eventually in upper management (many CEOs and Presidents of companies have a degree in IE!) If your goal is to take advantage of the market or individual company considerations, jumping immediately from the college frying pan into the MBA program fire may not be the best timing. I can help you find out what you should be paid. Over 15,000 requests for placement, 97% wanted a Bachelors of Science in Engineering, a far less impressive 1.7% asked for an engineering Masters and a minuscule .6% required an MBA Continue reading, Prodigy Finance he has the same degree, but check out his signature (computer engineer) :)) lol. Several schools recently passed all kinds of records by advising incoming MBA students to budget $200k per year for their education. IE has classes, Want to ‘easily’ get jobs ? Adding extra line: Just after submitting my answer I saw another answer just below mine from the guy from your school. What your skills are worth in the job market is constantly changing. Incidentally, UCLA estimates these line items for annual living expenses for master’s students: Every US university is required to provide a cost estimate that includes tuition, housing, and other common expenses. ", "Is IE worth it?" According to interviewee, Jay Rogers of Randstad Engineering (an engineering staffing firm) a relatively small number of job placements requests he’d seen actually asked for the degree. Join Yahoo Answers and get 100 points today. Remember, ROI isn’t always financial. That means another visit to the international student office. Do I enjoy client-facing environment ( talking to people, working on their problems and coming up with solutions) on a daily basis ?

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