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re: Texas A&M: A warning to petroleum engineering students
Posted on 10/16/14 at 9:19 am to Spitting Venom
Posted on 10/16/14 at 9:19 am to Spitting Venom
quote:
Misguided in what way? They are just warning students that the job market will be competitive when these students graduate. I don't see an issue with that. I think it's a fair warning, and more universities should inform their new students with this kind of information.
I wish every school outside of the Ivy League sent warning letters like this to all incoming freshmen. This just seems narrowly tailored to a degree that has been rocking and rolling for a decade. It was bound to get saturated, but where's the letter for the English majors and kids going into debt for musical theatre degrees?
1
Posted on 10/16/14 at 9:19 am to Spitting Venom
LSU's PETE program is the only PETE program in the entire country that has a real oil well facility on campus that those students work and study on. That has to help them get a job easier than students from other PETE programs out there. A cousin of mine is in the program at LSU and he says LSU is way ahead of Texas A&M with this program.
This post was edited on 10/16/14 at 9:21 am
Posted on 10/16/14 at 9:20 am to GREENHEAD22
GREENHEAD22
Arent you in other degree not PETE? How you know about waiting tables? How you know you wouldnt' "frick with college"
You seem very educated on subject so I figure I would like prediction on future oil price, job market, and the such before I begin my endevor for PETE degree
Arent you in other degree not PETE? How you know about waiting tables? How you know you wouldnt' "frick with college"
You seem very educated on subject so I figure I would like prediction on future oil price, job market, and the such before I begin my endevor for PETE degree
Posted on 10/16/14 at 9:20 am to Spitting Venom
Hats off to aTm for sending that letter. There is absolutely nothing wrong with making students aware of what they are getting themselves into before spending time and money on a degree. 
Posted on 10/16/14 at 9:20 am to Spitting Venom
Glad I graduated when I did back in '08.
Posted on 10/16/14 at 9:20 am to GaryMyMan
Because they're the only ones who give a shite apparently
Posted on 10/16/14 at 9:22 am to ForeverLSU02
Most of the guys I know graduated from 01-04, they've been absolutely killing it
Posted on 10/16/14 at 9:22 am to Spitting Venom
I am a Mechanical Engineer working in the O&G gas field. There are currently tons of jobs available, especially for those of us with a few yrs experience. If the graduation rates have risen as steadily as the enrollment rate it does spell problems for the future.
There is an explosion on freshmen enrolling into PETE. I'd be interested to know if the Graduation numbers have increased as steadily. The vast majority of students choosing an Engineering major will not finish it. This has always been the case.
I would encourage new students to take up Mechanical engineering, because it does offer opportunities outside of the O&G field. If petroleum is what you are after, get a M.E. ungrad, and PETE Masters degree. Seriously, it is extra schooling, but you would be set to go work for one of the majors.... and set for 6 figure starting salary.....
Also, as competition for entry level jobs increases the more importance will be placed on internships. Go after good industry experience. look into drilling companies that take interns and let them "roughneck, or roustabout" for the summer. The things you will learn on a rig will blow your mind... You will get an education you can't get interning in an office. -Hiring managers love it-
There is an explosion on freshmen enrolling into PETE. I'd be interested to know if the Graduation numbers have increased as steadily. The vast majority of students choosing an Engineering major will not finish it. This has always been the case.
I would encourage new students to take up Mechanical engineering, because it does offer opportunities outside of the O&G field. If petroleum is what you are after, get a M.E. ungrad, and PETE Masters degree. Seriously, it is extra schooling, but you would be set to go work for one of the majors.... and set for 6 figure starting salary.....
Also, as competition for entry level jobs increases the more importance will be placed on internships. Go after good industry experience. look into drilling companies that take interns and let them "roughneck, or roustabout" for the summer. The things you will learn on a rig will blow your mind... You will get an education you can't get interning in an office. -Hiring managers love it-
Posted on 10/16/14 at 9:23 am to Spitting Venom
LSU PETE program: Boosting the petroleum engineering talent pool
quote:
With the predicted great crew change around the corner, the oil and gas industry continues to brace for a recruitment struggle in the years to come. The projected talent gap is even wider when it comes to petroleum engineers. The US Bureau of Labor Statistics predicts a startling 26% growth in the number of open petroleum engineer positions from 2012 to 2020. While oil and gas companies continue to launch their own initiatives to encourage STEM education and usher in the next generation of talent, one educational institution is also doing its part.
This post was edited on 10/16/14 at 9:25 am
Posted on 10/16/14 at 9:24 am to Spitting Venom
quote:
Fall 2003: 107
Fall 2004: 189
Fall 2005: 193
Fall 2006: 240
Fall 2007: 302
Fall 2008: 345
Fall 2009: 393
Fall 2010: 458
Fall 2011: 534
Fall 2012: 777
Fall 2013: 902
That is full of tard.
Posted on 10/16/14 at 9:25 am to Spitting Venom
Thanks for this. I'm currently studying PETE, but I can't let stuff like this discourage me. However, it is nice to know what my competition is.
Posted on 10/16/14 at 9:25 am to Bacon84
quote:
I'd be interested to know if the Graduation numbers have increased as steadily.
quote:
Petroleum Engineering BS Degrees
Academic Year Degrees Awarded
2003-2004: 18
2004-2005: 28
2005-2006: 38
2006-2007: 22
2007-2008: 41
2008-2009: 32
2009-2010: 59
2010-2011: 64
2011-2012: 75
2012-2013: 77
Edit: looks like about 20-25% finish their degree. That probably won't change too much.
This post was edited on 10/16/14 at 9:27 am
Posted on 10/16/14 at 9:26 am to yellowfin
quote:
Most of the guys I know graduated from 01-04, they've been absolutely killing it
anybody who has about 4+ yrs in industry right now is killing it. The last decade +/- has been a great time to graduate as an engineer. (with exception to those graduating just after the deep sea horizon accident. Although, I think they still found jobs, just a little harder.)
Posted on 10/16/14 at 9:29 am to Spitting Venom
quote:
quote:I'd be interested to know if the Graduation numbers have increased as steadily. quote:Petroleum Engineering BS Degrees Academic Year Degrees Awarded 2003-2004: 18 2004-2005: 28 2005-2006: 38 2006-2007: 22 2007-2008: 41 2008-2009: 32 2009-2010: 59 2010-2011: 64 2011-2012: 75 2012-2013: 77
so, enrollment increased approximately 900%, and graduation #s increased approximately 300%. Doesn't sound so bleak when you look at it that way.
Lots of people want the money, but won't put in the work to get it done....
Posted on 10/16/14 at 9:31 am to Bacon84
quote:
graduation #s increased approximately 300%
What about when you look at this way?
Posted on 10/16/14 at 9:32 am to Bacon84
quote:
so, enrollment increased approximately 900%, and graduation #s increased approximately 300%. Doesn't sound so bleak when you look at it that way.
I wouldn't say that. You should be looking at graduates who started 4/5 years earlier. The enrollment numbers from 2003-2008 roughly correlate to the graduation numbers from 2008-2013. Both close to 300% increase.
This post was edited on 10/16/14 at 9:33 am
Posted on 10/16/14 at 9:32 am to Bacon84
I'm talking about 500k+ killing it
Posted on 10/16/14 at 9:34 am to yellowfin
quote:
I'm talking about 500k+ killing it
I think your buddies are full of shite.
Posted on 10/16/14 at 9:35 am to Artie Rome
500k+ sounds extremely high.
Posted on 10/16/14 at 9:36 am to Spitting Venom
Not at all
I know several guys making that
I know several guys making that
This post was edited on 10/16/14 at 9:37 am
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