Industrial Engineering

Earnings Potential

According to the Bureau of Labor Statistics, salaries vary depending on the level of education of the individual. Individuals with a bachelor’s degree can earn $49,500, master’s degree can earn $56,000, and PhD’s can earn an individual $85,000. The lowest 10 percent earn $42,450 and the highest 10 percent earn $93,950.

Facts at a glance

  • Because the type and quality of training programs vary considerably, prospective students should carefully investigate training programs before enrolling. 
  • Electrical and electronic engineering technicians make up 34 percent of all engineering technicians.
  • Employment of engineering technicians often is influenced by the same local and national economic conditions that affect engineers; as a result, job outlook varies with industry and specialization. 
  • Opportunities will be best for individuals with an associate degree or extensive job training in engineering technology.

Summary of what this career entails

Industrial engineers determine the most effective ways to use the basic factors of production—people, machines, materials, information, and energy—to make a product or to provide a service. To solve organizational, production, and related problems efficiently, industrial engineers carefully study the product requirements, use mathematical methods to meet those requirements, and design manufacturing and information systems. Industrial engineers develop wage and salary administration systems and job evaluation programs. Many industrial engineers move into management positions because the work is closely related to the work of managers.

Examples and or details of work

According to Wikipedia, the Free Encyclopedia Industrial engineers work to eliminate waste of time, money, materials, energy, and other resources. Industrial engineering is also known as operations management, production engineering, manufacturing engineering or manufacturing systems engineering; a distinction that seems to depend on the viewpoint or motives of the user. Recruiters or educational establishments use the names to differentiate themselves from others. In healthcare industrial engineers are more commonly known as management engineers, engineering management, or even health systems engineers.

Degrees that lead to this career

The minimal degree an individual can receive is an associate’s degree. Some of the degrees individuals can attain include:

  • A.S. in Industrial Engineering
  • A.S. in Industrial Engineering Technology
  • B.S. in Industrial Engineering
  • M.S. in Industrial Engineering
  • PhD in Industrial Engineering

Specific Career openings in this field

Some of the positions available for individuals that want a career in engineering include industrial engineer, operation manager, operation researcher, systems engineer, process engineer, packaging engineer, and ergonomics.

References

Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2006-07 Edition, Engineers, on the Internet at http://www.bls.gov/oco/ocos027.htm

Wikipedia, the Free Encyclopedia, Industrial Engineering, on the Internet at http://en.wikipedia.org/wiki/Industrial_engineering

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