Average Salary with a Masters in Engineering Management

With a master’s degree in engineering management, you can qualify for more advanced jobs in the engineering world, working with teams of engineers to complete projects. These advanced positions come attached not just to more responsibilities, but also to higher salaries. But just how much can you make in this position?

Base Salary for Engineering Managers

According to Salary.com reports, the average salary for engineering managers in the United States is $114,754. Keep in mind that this figure includes not only those with a master’s degree, but also workers who were promoted to managerial positions after entering the field with just a bachelor’s degree. So, you can expect to earn even more as an engineering manager with a master’s degree. The top 90% of all engineering managers earn $144,114 and up. As you can see, this this type of degree, you have the potential to easily make a six-figure salary.

How to Make More Money as an Engineering Manager

With a masters in engineering management, you not only have great earning potential, but you can also find ways to make more money in whatever position you hold. First, specializing in a specific type of engineering can make it easier to find a high-paying job. Certain fields, such as environmental engineering and petroleum engineering, are growing rapidly, so there is a need for workers, especially those who have the experience and education needed to be managers. Location also makes a different when it comes to salary. Becoming an engineering manager in an urban environment will often lead to higher-paying job opportunities. Lastly, consider switching companies if you want to make more money. Larger engineering firms typically provide higher salaries, though it depends on the individual company.

Other Engineering Management Benefits

Your salary isn’t the only thing to consider when comparing engineering management jobs. Most top-level positions in this field come attached to healthy benefits packages, which include things like paid vacation days, health and dental coverage, retirement plans, stock options, annual bonuses, paid transportation, and more. If you’re comparing jobs, consider these non-salary benefits as well – sometimes the job where the base salary is lower actually makes the most financial sense.

Top Online Masters in Counseling Degrees

Northcentral University MBA in Mgmt Eng. & Tech Northcentral University › The MBA in Engineering & Technology from Northcentral University offers engineers advanced study in productivity, systemic quality control, and technology control. Courses include Emerging Technologies as well as managerial classes in Strategic Leadership and Industrial Management.
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Ohio University Master of Eng. Mgmt. Ohio University › Engineering managers need to be able to bridge the gap between technical and non-technical teams in their respective profession. Enrollees in Ohio University's Master of Engineering Mangement will partake in probabilistic systems analysis, Six Sigma, information systems, engineering management including project management and engineering writing, and managerial decision making analysis. A degree can be obtained in as little as 2 years and can be completely done online.
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New Jersey Institute of Technology MS in Eng. Mgmt. New Jersey Institute of Technology › The foci of NJIT's MS in engineering management program are predicated on technologically-based and project-oriented enterprise with an emphasis on both the theoretical and practical aspects of managing. Curriculum includes case studies, role playing, and various coursework. Eligibility for admission requires completion of an undergraduate degree in engineering or a closely related area, a minimum undergraduate GPA of at least 2.8.
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Strayer University MS/IS: Software in Eng Mgmt Strayer University › At Strayer University's MS/IS: software in engineering management program, a diverse curriculum covers technical, managerial, and policy issues. Concentrations are available in Computer Security Management, Network Management, and Software Engineering Management.
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Keller Graduate School of Management Master Info. Systems Mgmt. Keller Graduate School of Management › The Master of Information Systems Management from Keller provides its graduate with the skills and tools to be an effective leader in any area of information systems management. The program has the choice of 10 concentrations, provides a real-world blend of theory and application that can be put to use immediately in the workplace. For students seeking a career-oriented master's degree program while working, the program offers an online option.
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