If you are here looking for the answer to the question “How much money can I make as a biomedical engineer with a master’s degree?” then you are clearly serious about understanding the options and opportunities. A simple internet search for “medical engineer salary” reveals countless results, but most of these articles do not answer the real question (you’ll need to take off that rose-colored glasses). Instead, they list rudimentary information on what you can expect to be making after college.
Biomedical engineers with a master’s degree are some of the best-paid professionals in this field. Biomedical engineering involves applying scientific principles to medicine and biology to develop equipment, devices and software that can be used to help people manage their illnesses. The median annual salary for biomedical engineers is $84,240.
Biomedical engineer salary with masters
Biomedical engineers are employed by pharmaceutical companies and hospitals looking to develop new medical technologies. Most biomedical engineers, however, seem to maximize their career earnings in both the private and public sectors. That’s because universities and government organizations also tend to hire them as well. The computer industry is also a significant area of employment for biomedical engineers.
Are you currently enrolled in a bioengineering master’s degree program? Wondering what your potential salary might be once you graduate? Contact me to talk about my experience as a biomedical engineer.
A biomedical engineer is a person who utilizes his/her education and understanding of the biological science (such as biology, medicine, genetics, medicine and psychology) to solve problems that fall under the biomedical engineering field. This field also involves life sciences as well as chemistry.
Biomedical engineering is a highly respected field of engineering linked to many health science fields.
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A biomedical engineer salary with a Master’s is $85,000 at most. Though this number is dependent on the experience of an individual and from where he/she works from.
The median annual biomedical engineer salary with a master’s was $96,945 in May 2012. For many people, this number prompted visions of fast cars and large houses, but a few facts make it clear that the standard of living varies widely by state. The reason for this is simple. It all has to do with the cost of living in those states, which is determined by a variety of factors including taxes, housing costs and energy prices. For example, the highest paying states for biomedical engineers were:
A biomedical engineer is an engineer who applies his/her expertise in medicine primarily. The rising importance of healthcare industry has led to higher demand for biomedical engineers as technology continues to be applied in healthcare settings. With a Master’s degree, one can make a lot of money position-wise compared to undergraduate-level positions and even compared to other Master’s degree holder’s who hold more generic degrees, such as an MBA or MS in general business. So if you are planning to go for a doctorate degree, then make sure you choose the Master’s program with biomedical engineering specialization that will enable you to practice this occupation.
Biomedical engineers also have the option to work in a diverse range of settings and industries. Biomedical engineers working with the federal government are mainly employed by the Department of Defense, US Public Health Service (USPHS), National Institutes of Health (NIH) or other healthcare-related agencies. They may also be employed by state departments or National Guard units, but not typically by the affiliated university or hospital. Biomedical engineers who choose to focus their skills on medical device development tend to find employment in various industries, including medical manufacturing, quality control and research. They may also find opportunities in service industries, such as biotech companies, medical clinics and hospitals.
Coupled with the research, relevant industry and news data is also presented with each career profile. The data can be sorted by career, education level and specific job positions.
