What Is Marine Engineering? (Is A Marine Engineering Degree Worth It?)

Shane Hummus
31 Mar 202112:40

Summary

TLDRThis video explores the value of a marine engineering degree, detailing its focus on the design and maintenance of ocean vessels. It highlights the promising salary potential, with starting salaries around $74,000 and mid-career earnings reaching $125,000. While job satisfaction is high, the demand for marine engineers is limited, with only about 11,800 available jobs projected to grow by just 1% over the next decade. The profession is known for its rigorous academic requirements but offers fulfilling career opportunities for those passionate about marine environments.

Takeaways

  • 🚢 Marine engineering focuses on the research, design, construction, and development of vessels that operate in the ocean, including ships and submarines.
  • 💼 Graduates can pursue careers as marine engineers, naval architects, or take on various shore-side supervisory roles in the maritime industry.
  • 💰 The starting salary for marine engineering graduates is approximately $74,000, with mid-career salaries reaching around $125,000.
  • 📊 Engineering degrees, in general, are among the highest earning fields, with lifetime earnings averaging around $3.5 million.
  • 😊 Job satisfaction for marine engineers is rated at 75, indicating a generally positive experience in their careers.
  • 🌍 The meaning score for the marine engineering profession is 53, suggesting that professionals feel their work has a moderate positive impact on the world.
  • 📉 There are currently about 11,800 marine engineering jobs available, with projected growth at only 1% over the next decade.
  • 🔧 Marine engineering skills are highly respected, and graduates may find opportunities in various sectors beyond marine-specific roles.
  • ⚙️ The engineering field generally has a low risk of job automation, as hands-on skills and problem-solving abilities are crucial.
  • 📚 Marine engineering is a challenging major with a high dropout rate due to rigorous coursework, making it essential for students to be well-prepared.

Q & A

  • What is marine engineering?

    -Marine engineering focuses on the research, design, construction, and maintenance of marine vessels, including ships and submarines.

  • What are some career options available to marine engineering graduates?

    -Graduates can become marine engineers, naval architects, or take on shore-side managerial and supervisory roles related to marine operations.

  • What is the average starting salary for marine engineering graduates?

    -The average starting salary for marine engineering graduates is around $74,000 per year.

  • How does the job satisfaction of marine engineers compare to other professions?

    -Marine engineers have a job satisfaction rating of 75 out of 100, which is considered above average compared to many other professions.

  • What is the job demand for marine engineering graduates?

    -Currently, there are about 11,800 jobs available for marine engineers, with a growth rate of only 1% projected over the next ten years.

  • How much do marine engineers earn over their lifetime?

    -Marine engineers can expect to earn approximately $3.5 million over their lifetime, which is one of the highest among all majors.

  • What is the meaning score for marine engineering as a career?

    -The meaning score for marine engineering is around 53, which is slightly above average, indicating that many professionals find their work meaningful.

  • What are some pros of pursuing a marine engineering degree?

    -Pros include high earning potential, opportunities to work in an ocean-related field, and access to offshore jobs, which often come with competitive salaries.

  • What are the challenges associated with a marine engineering degree?

    -Challenges include a relatively low number of job openings, the necessity for advanced degrees for certain positions, and a demanding academic curriculum with a high dropout rate.

  • How does marine engineering rank in terms of automation risk?

    -Marine engineering has a low automation risk, with only a 1% chance that these jobs will be automated, indicating good job security.

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