Chemical Engineering Salaries
So how much are you likely to earn with your chemical engineering degree?
Those with chemical engineering degrees from the University of Manchester enjoy consistently high employability rates soon after graduating. The University's Destination of Leavers from Higher Education (DLHE) survey for 2010/11 indicates that 88% of those who gained a degree from the School of Chemical Engineering and Analytical Science had secured graduate jobs within 6 months.
The 2010 IChemE Salary Survey revealed that the average starting salary for a chemical engineer is £29,500 per year (£31,300 for those working in the oil sector). The average wage for chemical engineers aged 25-29 is £38,600/y, rising to £62,500/y for those in their late 30s. Chemical engineers in their late 40s will earn on average £82,600/y and £86,800/y in their 50s.
By the end of their careers, chemical engineers who are corporate members of the IChemE will, on average, be earning well over £80,000/y while those who reach very senior positions can expect salaries in excess of £200,000/y.
For more information and sector specific data, the IChemE salary calculator can be found at: IChemE Salary survey.