What is the demand for electrical engineers?

Overall employment of electrical and electronics engineers is projected to grow 3 percent from 2019 to 2029, about as fast as the average for all occupations. Employment growth is expected to be tempered by slow growth or decline in some industries, such as manufacturing and utilities.

Which specialization is best in electrical engineering?

Some Electrical Engineering degree specialisations you could find interesting are:

Radio-Frequency Engineering.
Signal Processing.
Microelectronics.
Control Systems.
Power Engineering.
Telecommunications.

Which field of electrical engineering pays the most?

The Computer Hardware Designer position currently pays the highest salary for electrical engineers, primarily due to the shortage of professionals in this marketplace.

What is the highest paid engineer?

Top 10 highest-paying engineering jobs

Petroleum engineers. National average salary: $94,271 per year.
Electrical engineer. National average salary: $88,420 per year.
Computer engineer. National average salary: $86,086 per year.
Aeronautical engineer.
Chemical engineering.
Materials engineer.
Biomedical engineer.
Nuclear engineer.

Can engineers make millions?

Not only can engineers expect to become millionaires, but most of the world’s millionaires actually have engineering degrees. Of course, not everyone who completes that credential will start with a seven-figure salary, but many of the world’s successful entrepreneurs have an engineering background.

Are engineers jobless?

What did you understand by looking at data of jobless engineers in India? How many are unemployed engineers in India? Economics Times points out that 20-33% out of the 1.5 million jobless engineers in India are passing out every year to run the risk of not getting a job at all.

Can an engineer afford a BMW?

If buying a BMW is your lifetime dream, then yes, you can do it. But the problem comes with maintenance. A friend of mine owns a BMW 5 series and his yearly maintenance comes to around 75,000 rupees. In 4 years you will be able to buy a small car with just the money you are spending for maintenance.

Can engineer afford Lamborghini?

Having said all that, yes, you can afford a Lamborghini in India if you are an engineer, but it needs the best engineer job in India, a good deal of planning and lots of money. The highest salary an engineer (at manager level) can get in India is 2–3 lakhs per month.

Can a software engineer afford a Tesla?

This is a shallow (i.e. non-probative) question, but yes, based on average glassdoor-reported salaries, Facebook/Apple/Google engineers can, barring other encumbrances, afford a Tesla (for sure) or a Lamborghini (most likely). I’m a 21-year-old software engineer making 115K a year.