Finance Q&A

mechanical engineering in vogue again?

Edwards Finance > Mechanical Engineering

Q. What do you think? Is mechanical engineering back in vogue again now that the DOT COM sector got all screwed up? I am thinking that pure mechanical engineering should look suddenly attractive to future engineering students. I guess several years ago, you ask anyone what they want to study and it would be something that will help them get into the .com job. It turned into a .bomb however in the last year and a half. What do you all think? is mechanical engineering going to become a good field to be in going forward? I think mechanical engineers is still underpaid though. Ever notice them employment notice? "We need mechanical engineer with 5-10 years experience ... blah ... blah.... Salary: $45000 - $60000 depends on experience". On the other hand "We need people with .com skills: blah blah blah... Salary: $80000, education requirements? 6 months in Devry institutes". Get rich quick anyone?

A. -Around here (Graz in Austria, with fairly high stress on automotive industry supply and consulting, mainly for german car makers) mechanical engineers were high in demand the last few years. There were times when every graduate had about 5 future employers wanting him/her. Magna Europe's (a big player around here) boss told us once at a presentation, that car makers should stop treating engineers as bad as they do (bad salary, bad job security). Was very nice to hear Our salaries are lower than yours (but as we have insurance/health care etc. included, that does not say much), but about the same, or maybe just a little lower than for the computer guys. Unfortunately recession looms (at least in Germany, so also for us), so employers are not sooo nice anymore. -The pay is OK, but that only goes so far. If you don't like what you are doing the pay is the only incentive.

 


Ask Edwards a Finance Question

 

Other Questions:

Electro-Mechanical Engineering (Mechatronics)

What is Electro-Mechanical Engineering?-Your computer's electro-mechanical devices are its keyboard, hard drive, floppy drive, CD-ROM drive, switches, connectors, cables, and overall packaging. The electrons inside your monitor are moving parts...

sci.engr.mech.internships.coops????

I know that the majority of the people who read this news group are experienced engineers who have been in the field for a good amount of time. There are also, I would hope, a lot of college students like myself who are curiously exploring thi...

Looking for Mechanical Engineering Internship

I am 3rd year student of a Bachelors degree in Mechanical Engineering in the University of Limerick, Ireland. I am looking for a paid internship in my field of study while in the USA. By employing me,you, the employer, will allow me to furt...

Mechanical Engineering magazine article

Does anybody here get this magazine? My membership to ASME lapsed shortly after I graduated and I haven't seen the magazine in years. Is there indeed an article listing the worst places to work? I heard they dogged my company pretty badly ...

Engineer Salaries going down...

It looks like no one is interested in engineering salaries and the decline in real earning power over the last 10-15 years. Is there any thing that can be done to boost salaries and make engineering a more respected profession? Is anyone out...

 

Edwards Finance Menu

Ask a Question
About Us / Me
Contact Me
Privacy Policy

Sitemap

My Favorite Sites

PFBlog
Google Finance
Yahoo Finance
Motley Fool
Nveille's Financial Blog
AllFinanceMatters
Free Money Finance
2MillionBlog
The Terror Finance blog

Q&A Subjects

Mechanical Engineering
CAD Drafting
Credit Report
Architectural Engineering
Bankruptcy
Income Tax
Loans
Repossess