Investing In Your Education

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Investing In Your Education

• EIN 4354 Spring 2002
• Dr. Uryasev
• Lisa Barber
• Alissa Ortega
• Matt Cousins

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Purpose

• Compare salaries of engineers by
• - geographical location
• - experience
• - technical vs. supervisory positions
• - degree

3
Purpose

• Find
• - internal rate of return
• - present worth
• based on level of education

4
Sources

• American Association of Engineering Societies
• Engineering Workforce Commission
• Orlando Sentinel
• Careerjournal.com
• Association of Professional Engineers

5
Sources

• University of Florida Career Resource Center
• University of Wisconsin Engineering Career
  Services
• University of South Dakota

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(No Transcript)
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International Engineering Salaries
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Salaries By Experience
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Supervisory vs. Non-supervisory(By Experience)
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Salaries By Degree
                                               
                                                  
                                                  
                                                  
                         
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Supervisory vs. Non-supervisory(By Degree)
                                                  
                                                  
                                                  
                                                  
         
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10 Year vs. Lifetime Analysis

• Assumptions
• - Obtain BS at age of 23
• - Complete MS at age of 25
• - Earn PhD at age of 30
• - Retire at age of 65
• - Interest for calculating PV 10
• - Data from American Association of Engineering
  Societies

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Salary Breakdown
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10 Year Analysis Conclusion
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10 Year Analysis Conclusion
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Lifetime Analysis Conclusion
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Lifetime Analysis Conclusion
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Occupational Growth
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Association of Professional Engineers
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Association of Professional Engineers
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Association of Professional Engineers
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Salary Survey

• http//www.careerjournal.com/salaries
• - Compares salaries of various
• jobs by location
• http//www.orlandosentinel.com/classified/jobs/
  
• - salary wizard
• - compares salaries by location and
  experience