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re: Petroleum Engineering starting salary out of LSU?
Posted on 6/11/12 at 2:49 pm to KG6
Posted on 6/11/12 at 2:49 pm to KG6
I decided to major in Pete for the high starting salary stated all over the Internet at 83k. Is this amount just not average anymore?
Before anyone slams me for majoring in something purely for financial gain... Isn't that what college is for in the first place, to gain financially upon graduating?
With that stated, are the people answering just giving educated guesses or are a lot of you actually in the industry?
Before anyone slams me for majoring in something purely for financial gain... Isn't that what college is for in the first place, to gain financially upon graduating?
With that stated, are the people answering just giving educated guesses or are a lot of you actually in the industry?
3
Posted on 6/11/12 at 3:22 pm to Steele4real
(no message)
This post was edited on 8/15/12 at 11:18 am
Posted on 6/19/12 at 4:25 pm to Steele4real
quote:
With that stated, are the people answering just giving educated guesses or are a lot of you actually in the industry?
I actually work in the industry and am familiar with the pay grades.
I can't speak for all major oil companies, but there's at least a couple that are paying PE, Chem E, and ME's close to if not at $100k right out of school with only a bachelor of science degree.
And yearly salary increases included.
This post was edited on 6/19/12 at 4:26 pm
Posted on 6/19/12 at 7:23 pm to Steele4real
83k average is not unheard of at all. I graduated in PETE 2 years ago and have been working for a service company (trying to switch over though).
80k is on the low side of what operators offer, and one graduate claimed to make "shitty" pay when he started at 80 with a medium operator.
The problem is, there are loooots of people going into PETE right now..may affect the demand a little bit, but pETE is still a rare major.
You can also make good $$ working for a service company. I do field work and cleared 6 figures easily last year (but field service work blows)
80k is on the low side of what operators offer, and one graduate claimed to make "shitty" pay when he started at 80 with a medium operator.
The problem is, there are loooots of people going into PETE right now..may affect the demand a little bit, but pETE is still a rare major.
You can also make good $$ working for a service company. I do field work and cleared 6 figures easily last year (but field service work blows)
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