Mining Dominates Top 10 Highest Paid Bachelor Degrees for 2011
Posted by Nathalie Blais on Fri, Aug 05, 2011 @ 12:26 PM
Engineers are in high demand as the mining and resources industry booms. With more jobs than there are candidates, mining professionals and graduates can expect to be well compensated. Graduates are in high demand with companies waiting to train, pay and export them across the globe with little to no experience.
As seen in Australia, graduates can expect to start at A$105000 with a raise to A$110,000 to 130,000 within a year as Andy Wetherelt, programme director for the B.Eng mining programme at the Camborne School of Mines (CSM) in Cornwall told Reuters.
Furthermore, according to statistics recently released by the National Association of Colleges and Employers, Mining Engineers dominate 8 of the 10 top-Paid Bachelor Degrees.
Scarcity of graduates with advanced degrees in engineering and science as mining and industrial sectors continue to grow has led to stiff competition among companies for top engineering talent. The competition has driven higher wages for engineers across the board including petroleum, chemical, mining and mineral engineering degrees.
Top 10 Highest Paid Bachelor Degrees for 2011
- Petroleum Engineering - $86,220
- Chemical Engineering -$65,142
- Mining and Mineral (including Geology) Engineering - $64,552
- Computer Science - $61,205
- Computer Engineering - $60,879
- Electrical/Electronics & Communications Engineering -$59,074
- Mechanical Engineering -$58,392
- Industrial Engineering - $57,734
- Aerospace/Aeronautical/Astronautical Engineering -$57,231
- Information Sciences & Systems - $54,038
The latest Costmine survey confirms mining engineers, including geologists, are reaping rewards, position and pay in the current lush market.
Selected Benchmark Average Annual Base Salaries at Canadian Metal Mines 2010-2011
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Canada Metal Mines
2011 Salaries (C$/year)
27 mines
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Canadian Metal Mines
2010 Salaries(C$/year)
31 mines
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Difference
(%)
2010 salaries vs. 2011 salaries
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Senior Engineer
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117,800
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107,800
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+9%
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Mine Engineer
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87,500
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81,800
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+7%
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Senior Geologist
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108,400
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103,300
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+5%
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Mine Geologist
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77,500
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75,500
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+3%
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Sources: Canadian Mine Salaries, Wages and Benefits, 2011 Survey Results, published June 2011 and Canadian Mine Salaries, Wages and Benefits, 2010 Survey Results, published June 2010. For more information contact: info@costmine.com Phone (509) 328-8023
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Cowan International is a mining recruitment agency. Go to our job board today to see a list of jobs for mining engineers and geologist.
