Master’s in Engineering Program Guide
A bachelor’s degree in engineering can help you land an entry-level engineering job. But a master’s degree in engineering can help you secure the dynamic, well-paid career you really want.
There’s no question that my master’s in engineering had a tangible impact on my salary and career progression,
said ACCU Managing Director Alastair Morris. It opened doors to higher-paying, highly-specialized positions early in my career.
If you’re looking to deepen your technical knowledge and develop the kind of leadership skills employers are clamoring for, it might be time to level up your education. This page will help you decide if a master’s degree in engineering is the right choice for you.
Featured Online Engineering Programs
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Should I Get a Master’s in Engineering?
A master’s degree in engineering is a great choice for engineering students or professionals who:
- Want to specialize in a specific area of engineering
- Want to help solve really big engineering challenges
- Want to improve their career trajectories and earning potential
While a graduate degree doesn’t always guarantee a higher salary, the two typically go hand in hand. The Bureau of Labor Statistics (BLS) reports that master’s degree-holders in 2022 earned roughly 16% more than folks who only had a bachelor’s degree. And Payscale numbers reflect a similar bump for popular engineering fields.
Senior industry roles like engineering manager — which can sometimes pay more than $220,000 a year, according to the BLS — often require the very high level of training that comes with an advanced degree. Earning a master’s is a good signal to employers that you have what it takes to succeed.
Is a Master’s in Engineering Worth It?
We asked folks who hold this advanced degree, and they all agreed: An engineering master’s is worth the investment. It helps develop hard and soft skill sets that lead to career success — both inside and outside the field.
“Pursuing my advanced education was unequivocally worth it. My master’s degree in aerospace engineering enabled me to understand the intricacies of aerospace design, propulsion systems, and advanced materials. This knowledge has been invaluable in guiding the strategic direction of our company and driving innovation in a highly complex industry.”
— Sean Philips, CEO and founder of FlightRadar Online
“It was one of the best moves I’ve made for my career. It gave me such a deep understanding of how cars work and how to tackle tricky engineering challenges. Having that advanced degree has been like having a secret weapon in my back pocket — it’s given me confidence in ways I never could have imagined.”
— Ivan Wainwright, CEO and founder of RDW Kenteken
“My master’s in mechanical engineering turbocharged my career, transforming me from a mere participant to a leader in innovative projects. It was like acquiring a toolkit for solving complex problems creatively. Would I do it again? In a heartbeat! It’s not just education; it’s empowerment.”
— Steven Settles, Mechanical engineer and co-founder of worstbrands.com
What Can I Do With a Master’s in Engineering?
You can do a lot with this degree — engineering touches nearly every discipline and industry, and demand for engineers is high.
All major engineering specializations have above-average job growth projections in the coming years. According to the BLS, there will be nearly 200,000 architecture and engineering job openings in the U.S. each year from 2022-2032.
You’ll have plenty of potential job options to choose from, though the concentration you pick will certainly affect your career path.
| Career Path | Median Annual Pay (2022) | Job Outlook (2022-2032) |
|---|---|---|
| Civil Engineering | $89,940 | 5% (faster than average) |
| Mechanical Engineering | $96,310 | 10% (much faster than average) |
| Industrial Engineering | $96,350 | 12% (much faster than average) |
| Computer Engineering | $132,360 | 5% (faster than average) |
| Biomedical Engineering | $99,550 | 5% (faster than average) |
| Environmental Engineering | $96,530 | 6% (faster than average) |
| Software Engineering | $124,200 | 25% (much faster than average) |
How Much Money Can I Make With a Master’s in Engineering?
The median annual salaries for most engineering fields range from $90,000 to over $130,000 a year. Folks with a master’s in engineering may qualify for even higher-paying senior or managerial engineering positions.
| Top Engineering Positions | Average Annual Base Salary |
|---|---|
| Principal Engineer | $136,100 |
| Senior Principal Engineer | $150,160 |
| Staff Software Engineer | $153,360 |
| Director of Engineering | $153,990 |
| Senior Engineering Manager | $156,590 |
Frequently Asked Questions About Getting a Master’s in Engineering
Master’s in engineering programs offer advanced skills, preparing graduates for career progression and senior roles. Courses are tailored to various concentrations within the field, covering topics like financial engineering, leadership, and supply chain management.
Explore More College Resources
Civil Engineering Careers
Are you interested in learning more about careers in civil engineering? Click for information about opportunities at all levels of education. Start planning today.
by Meg Embry
Updated August 13, 2024
Top 10 Online Master’s in Computer Engineering Programs
A master’s in computer engineering can help you write your own career ticket. These schools offer the best online programs out there.
by Meg Embry
Updated August 13, 2024
What Are the Different Types of Engineering?
Engineering is one of the broadest STEM fields. Discover the five main types of engineering and get tips on whether you should pursue an engineering degree.
by Meg Embry
Updated August 13, 2024