00:00is a chemical engineering degree worth
00:03it that's what we're going to be talking
00:04about today but before we get into that
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00:27out now with that being said let's jump
00:29right into it first of all we have to
00:31Define what is chemical engineering
00:33chemical engineering is all about
00:34transporting and transforming materials
00:36into useful objects now there's
00:39obviously going to be a lot of chemistry
00:40involved here but you're also going to
00:42be studying mathematics science and
00:44physics around 11 000 people graduate
00:46with this one every year so it's one of
00:47the more common engineering degrees next
00:49we're going to be talking about salary
00:51or earning potential now most people
00:53know that engineering degrees pay really
00:55well and chemical engineering is one of
00:57the better paying ones with chemical
00:58engineering you'll make 7 23 000 a year
01:01starting out and 128 000 in mid-career
01:03pay you can compare that to the highest
01:05earning degree and a really low earning
01:07degree and you'll see that it's
01:08definitely on the higher side if you
01:10become a chemical engineer you'll make
01:12around a hundred and eight thousand
01:13dollars a year there's a lot of
01:15different career paths you can go down
01:16with this degree it's relatively
01:18flexible if you do want to become a
01:20chemical engineer you'll likely have to
01:21move somewhere in order to get your
01:23first job you could also potentially
01:25become an engineering manager later on
01:27in your career and they make around 144
01:29000 a year as a chemical engineer you
01:31can work in a lot of other engineering
01:33Specialties like let's say you become a
01:35biomedical engineer they make around 91
01:37000 a year so as you can see a lot of
01:39different career paths you could go down
01:40and all of them are going to pay
01:41decently well I always recommend going
01:43for a job where you can make at least
01:45seventy five thousand dollars a year
01:47because Studies have shown that your
01:48happiness maxes out around 75 to 80 000
01:51meaning the more money you make the
01:53happier you are up to a certain point
01:55now overall it's no secret engineering
01:57degrees tend to pay extremely well
01:59across across the board over a lifetime
02:01people who get a college degree earn
02:03around 2.4 million dollars but those who
02:05get an engineering degree earn 3.5
02:08million that's the highest out of any
02:10type of degree and maybe 20 or 30 years
02:12from now it might be different but right
02:14now engineering degrees do really well
02:16on top of that a lot of people who go
02:18into engineering end up becoming
02:19entrepreneurs later on and that
02:21practical problem solving skill that
02:23they have comes in handy and so this one
02:25is a no-brainer I'm going to have to
02:26give it a 10 out of 10 when it comes to
02:29salary now when it comes to satisfaction
02:30I always like to go over meaning as well
02:32as job satisfaction meaning is how much
02:35you think your career positively impacts
02:37the world whereas job satisfaction is
02:39how much do you enjoy doing your job on
02:40a day-to-day basis in the short term job
02:42satisfaction tends to win out but you
02:44could argue that long-term meaning is
02:46actually more important so for instance
02:48for a chemical engineering degree on pay
02:51scale when we look at the meaning score
02:52it's around 56 percent you can compare
02:54that to a really good one and a bad one
02:56and you'll see that it's either average
02:58or slightly above average now if you
03:00look at chemical engineering grads who
03:02become chemical Engineers you'll see
03:03that they have a 61 percent meaning
03:05score and their job satisfaction is 73
03:08you can compare that to a really good
03:10one and a bad one and you'll see that
03:11it's definitely above average here now
03:13with that being said one of the great
03:15things about becoming an engineer is it
03:16tends to be a very well respected and
03:18flexible degree you might get a chemical
03:20engineering degree but you end up
03:22becoming something completely unrelated
03:24like a marketer so the point here is
03:26that if you get tired of becoming a
03:27chemical engineer you don't want to
03:29become one you have a lot of other
03:30options engineering is the third least
03:32regretted type of degree at only around
03:3415 percent of people who get it
03:36regretted and the reason is because some
03:37of the best jobs are going to require
03:39Advanced degrees however I always like
03:41to say here job satisfaction meaning
03:43extremely subjective it depends on all
03:46kinds of different things everybody's
03:47different for one person it could be a
03:4910 out of 10 for another person it could
03:50be a one out of ten or even within the
03:52same career you know maybe the industry
03:55that you work in or the company you work
03:56for the people you work around the place
03:58that you live in so it's very objective
04:00but overall being as Fair as I can I'm
04:02going to go ahead and give this one an 8
04:04out of 10 when it comes to satisfaction
04:06next we're going to be talking about
04:08demand and this is basically how much
04:10demand there is for certain skills that
04:12people learn with various types of
04:14Majors it also has a lot to do with the
04:16popularity of degrees so there's some
04:18degrees that are really good or they
04:20used to be really good they got
04:21extremely popular so many people went
04:23into them and now they're kind of
04:25saturated and overrated in my opinion
04:27that is true for some extent with
04:29engineering degrees and specifically
04:31getting an engineering degree in order
04:33to become an engineer and by that I mean
04:35when you look at chemical Engineers for
04:37instance there's around 32 000 jobs and
04:40it's only growing around four percent
04:42that's pretty average and if you look at
04:44a lot of other technology and
04:45Mathematics careers and health degree
04:47careers for instance you're going to see
04:49that they're growing way faster another
04:51one would be an engineering manager
04:53which there's around 198 000 and they're
04:55growing at three percent same thing with
04:57biomedical engineer there's 21 and
05:00they're growing at five percent now when
05:01I first saw this I thought you know what
05:03hey engineering is really overrated and
05:05it kind of makes sense because it's been
05:07hyped for decades but what I didn't
05:09realize is a lot of people get
05:10engineering degrees and then they end up
05:12going into completely unrelated careers
05:15and it's okay because engineering
05:17degrees are pretty much universally
05:18respected a lot of business owners and
05:20hiring managers love to hire people who
05:23get these types of degrees like
05:24engineering and physics and the reason
05:26is because they know they're getting
05:27somebody who's a good Problem Solver
05:29they're very hard working and they're
05:31probably really smart as well so just
05:33realize that if you're trying to become
05:34a chemical engineer by getting a
05:36chemical engineering degree it's going
05:38to be pretty hard it's not impossible by
05:40any means but just know that there's not
05:42all that many jobs out there and so you
05:44really need to plan ahead and make sure
05:45you know exactly what you're getting
05:46yourself into so for instance if you
05:48look on monster.com and you type in
05:50chemical engineering degree you're going
05:52to see that only around 2 000 jobs pop
05:54up you can compare this to a computer
05:56science degree where there's a ton of
05:58demand or something like Amazon apology
06:00where there's not very much and you're
06:01going to see that it's kind of on the
06:03lower side now that doesn't mean that
06:04companies aren't hiring people who have
06:06engineering degrees I really like this
06:08survey that the National Association of
06:10colleges and employers did where they
06:12basically asked a bunch of different
06:13businesses what types of college degrees
06:15college majors that they're looking to
06:17hire engineering was the top one of
06:19course and if you break it down even
06:21further you can see that chemical
06:23engineering was in the top six so there
06:25are a ton of companies out there that
06:27are looking to hire people that have
06:28engineering degrees and chemical
06:30engineering is relatively flexible it's
06:32not one of the most flexible ones but
06:34it's decent depending on what career you
06:35want to get into you might end up having
06:37to move somewhere in order to get your
06:39first job like I said before but in many
06:41cases you won't have to so overall all
06:43things being equal I'm going to give
06:44this one an 8.5 out of 10. next we're
06:47going to be talking about X factors and
06:49this is anything that we didn't mention
06:51before that has to do with skills
06:53flexibility automation how easily
06:55outsourced something is how difficult it
06:58is ETC now one thing I I like to point
07:00out with engineering degrees is when it
07:02comes to salary or how much someone
07:04earns over a lifetime they're very good
07:06the average degree is going to earn
07:07around 2.4 million dollars over an
07:10entire lifetime whereas engineering is
07:11around 3.5 million that's by far the
07:14highest one out of all different types
07:16of degrees and you can see that it's
07:18pretty much across the board doesn't
07:20matter what career path you end up going
07:21down Engineers tend to earn really good
07:24money so for instance if you get an
07:25engineering degree and you become an
07:26engineer you'll make around 3.6 million
07:28if you go into management you'll make
07:30around 4.1 and even if you go into an
07:33art related career you'll make around 3
07:35million over a lifetime compare that to
07:37a random degree that goes into arts and
07:39they only make around 2.3 million so
07:41this really shows you how good
07:43engineering degrees are now of course
07:45this could be correlation or causation
07:47it could be because Engineers are just
07:49super intelligent and so they tend to do
07:50really well no matter what career path
07:52they go down or it could be the
07:54engineering tends to teach you extremely
07:55practical skills that you can use in the
07:58real world to solve problems and do a
08:00lot of good I tend to think it's a
08:01little bit of both honestly but overall
08:03Engineers tend to do really well now if
08:06you look at the skill of chemical
08:07engineering on these zip recruiter
08:09skills index you'll see that it's around
08:1059 out of 100 and you can compare that
08:13to one of the best skills and one of the
08:14worst skills and you'll see that it's
08:16definitely well above average the one
08:18thing I will say about chemical
08:20engineering as a skill is that it's a
08:22little bit too Niche and narrow so if
08:24you want to stay in your degree track
08:26and work as a chemical engineer a lot of
08:28the time you'll find that you'll end up
08:30having to move somewhere in order to get
08:32your first job however like I said
08:33before there's a lot of other options
08:35for chemical engineer grads other than
08:37going into engineering pretty much all
08:39of the engineering degrees tend to be
08:41relatively flexible mostly because
08:43they're just highly respected you see
08:45the engineering degree grads have a very
08:47low unemployment rate and that's because
08:48even if they don't end up working as
08:51Engineers they'll end up getting a job
08:52offer from somebody and when it comes to
08:54the likelihood of automation pretty much
08:56all of the engineering degrees are
08:58future proof they're not very likely to
09:00be automated for instance chemical
09:01Engineers have a 1.7 percent chance
09:04according to will robots takemyjob.com
09:06and same thing goes when it comes to
09:08Outsourcing chances are that you're
09:09gonna have to hire somebody in person in
09:12order to do a lot of these jobs so for
09:13instance let's say you became a food
09:15scientist you worked for Coca-Cola and
09:17you want to design like the newest soda
09:19that everybody loves well you can't
09:21taste a soda over Zoom I mean that's
09:23kind of obvious but it's something that
09:25you have to be there in person in order
09:27to do on top of that there's going to be
09:28a lot of communication you'll likely
09:30have to use your hands and touch and
09:32manipulate things and so that's again
09:34something very difficult to program a
09:36robot for in fact you will likely be the
09:38one that programs the robots if anything
09:40on top of that engineering came in as
09:42number one on the degrees that create
09:44the most millionaires now don't get me
09:46wrong a lot of those people probably
09:48became millionaires from getting a job
09:50and then investing for 10 or 20 years
09:52and then they eventually get to a net
09:53worth of 1 million but I also think a
09:56significant amount of those people ended
09:57up starting their own business because
09:59in engineering tends to teach you
10:01practical problem solving and at the end
10:03of the day that's 80 of Entrepreneurship
10:04right there is solving people's problems
10:07so a lot of people will work a few years
10:09and the industry get some experience get
10:11some skills and then eventually because
10:13of the fact that you're working on The
10:14Cutting Edge you'll recognize a really
10:16good opportunity start your own business
10:18and take advantage of it and you'll
10:19likely have a much higher chance of
10:21success just because of the fact that
10:22your skills are so unique now with that
10:24being said engineering and especially
10:26chemical engineering is known as being
10:28one of the most difficult types of
10:30degrees that you can get I don't want to
10:32scare any of you off like that I just
10:34want to warn you that it has a very high
10:35dropout rate and the reason for that is
10:37because it's very difficult but with
10:39that being said I'm going to go ahead
10:40and give this one a score of 9 out of 10
10:42when it comes to X factors so some of
10:45the pros here the salary is excellent
10:47you're going to be making way more money
10:49than you need in order to be happy at
10:50least the average person to be happy the
10:52job satisfaction tends to be relatively
10:54high it's going to be very difficult
10:56especially when you're in school and
10:58then even after you graduate way you're
10:59going to have to keep on learning pretty
11:01much throughout your entire career and I
11:03guess that could be a positive or A
11:05negative depending on the person
11:06although it is very high paying chances
11:08are you won't get those really good jobs
11:10until later on in your career and you'll
11:12likely have to move somewhere but
11:13overall I'm going to give this one a
11:15score of 8.875 out of 10. this is an
11:19excellent one for the right person don't
11:21pick this degree just because I said
11:23it's good or just because it has a high
11:24salary or anything like that that would
11:26be ridiculous make sure you do your own
11:28research make sure it's something that
11:30interests you you don't want to go into
11:31something just because it pays well I
11:33always recommend basically thinking
11:35about the goal and then working Your Way
11:37backwards from there find a career that
11:39you're interested in and then work your
11:41way backwards on what steps you need to
11:43take in order to get there and the best
11:44way to do that is to just talk to people
11:46who are currently in that career and ask
11:48them what their opinion is there's some
11:50careers where networking may or may not
11:52matter same thing with doing internships
11:54joining clubs all kinds of different
11:56things so take the guesswork out of it
11:58and just ask people people who are in
12:00that career already and they'll tell you
12:01exactly what you need to do now if you
12:03want help finding your college degree
12:04and you don't want to wait for my videos
12:05to come out and check out my college
12:07degree ranker down in the description
12:09below in my patreon I worked really hard
12:11on it and I think it'll help you out
12:12quite a bit I'm always going to be
12:14updating it as well as things happen
12:15gently tap the like button hit the
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