Entry-Level Industrial Engineering
Basic statistics every industrial engineer needs.
Statistics for Entry-Level Industrial Engineering
There is a lot of information industrial engineers need when they start looking for entry-level industrial engineering jobs. The following are important statistics to understand when you start searching for your first entry-level industrial engineering job.
What do Industrial Engineers Do?
Industrial engineers find ways to eliminate wastefulness in production processes. They devise efficient systems that integrate workers, machines, materials, information, and energy to make a product or provide a service.
Industrial engineers focus on how to get the work done most efficiently, balancing many factors, such as time, number of workers needed, available technology, actions workers need to take, achieving the end product with no errors, workers’ safety, environmental concerns, and cost.
The versatility of industrial engineers allows them to engage in activities that are useful to a variety of businesses, governments, and nonprofits. For example, industrial engineers engage in supply chain management to help businesses minimize inventory costs, conduct quality assurance activities to help businesses keep their customer bases satisfied, and work in the growing field of project management as industries across the economy seek to control costs and maximize efficiencies.
How many Industrial Engineers are there?
Currently there are 295,800 industrial engineers working in the United States of America. This represents 18% of the total engineers working in the United States.
Number of Industrial Engineers in the United States
Industrial engineering is one of the four largest sized engineering disciplines. Having a large discipline means that you should be able to find entry-level industrial engineering jobs in all mid-sized and major cities in the United States.
Are Advanced Degrees Required?
Most engineers struggle with the decision on pursuing an advanced degree. For entry-level engineering jobs, the more technical the job is, the higher the chance it will require an advanced degree.
To understand how many industrial engineers go on to get advanced degrees, reference the table below.
Industrial Engineering - Advanced Degrees
Based on the data, 67% (3,538/5,291) of industrial engineering students go on to get a master’s degree and approximately 7% (377/5,291) pursue a doctoral degree in a given year. For a master’s degree, this is well above the engineering average.
Inside an engineering discipline, some jobs can require an advanced degree while others do not. The only true way to know if you will need an advanced degree for the entry-level industrial engineering job you want, is to look at job postings. If all of the jobs you are interested in require an advanced degree, it means you need to go and get one.
Due to the high number of students who purse a master’s degree in industrial engineering, it is safe to assume that most industrial engineering jobs will require you to have your master’s degree.
Entry-Level Industrial Engineering Jobs Created
The U.S. Bureau of Labor Statistics estimates the future job growth for each field of engineering. Based on the data, there will be 30,000 jobs created in Industrial Engineering over the next 10-years.
It can be assumed that the job growth is in entry-level jobs. This is due to the actual creation of entry-level jobs, or creation of higher-level jobs that are filled with the existing workforce opening up entry-level positions.
Entry-Level Industrial Engineering Job Growth
Based on the new job growth as a percentage of the existing job market, the projected yearly growth is 10.1% for entry-level industrial engineering jobs. The average growth rate for all entry-level engineering jobs is 4.1% per year.
Job growth for industrial engineering is extremely high compared to engineering as a whole. Higher job growth in an industry is attractive because it equates to more opportunities in that field in the future.
Competition Index For Entry-Level
Industrial Engineering Jobs
At the Job Formula, we like to calculate the competition index for different types of engineering jobs. To do this, we divide the total number of graduates in a discipline by the total number of jobs available in that discipline. This calculation shows how many graduates there are for each available job.
The lower the competition index the better. A competition index of one (1) means that there is one graduate for every one job.
The competition index for entry-level industrial engineering jobs is 0.4. This is below the competition index for the average engineering discipline of 1.5. This means there is one industrial engineering graduate for every two and a half entry level jobs.
Competition for Entry-Level Industrial Engineering Jobs
We calculate the competition index to give graduate engineers an idea of the type of competition they will face when they start looking for their first job.
Please note that competition will vary inside an engineering field based on the type of industry, the location and how attractive a job is.
Industries for Entry-Level Industrial Engineers
Industrial Engineering is a diverse degree which means you can work in many different industries. The follow are the top five industries that hire industrial engineers.
Industrial Engineering Industries
The percent of total employment means out of all industrial engineers, how many are working in that one industry.
If you are looking for an entry-level industrial engineering job, these are the best industries to start with.
Entry-Level Industrial Engineering Job Salary
The average entry-level industrial engineering salary is shown below. Additionally, the average industrial engineering salary, the bottom 10% and top 10% salaries are shown.
Entry-Level Industrial Engineering Salary
Entry-level industrial engineering salaries are above the industry average for entry-level salaries.
At Job Formula, we preach enjoying your job over seeking out a high salary. If you enjoy your job, you are more likely to move up in the position. The Top 10% of any engineering degree field is higher than the mean annual salary of the highest paying degree field. Find a job you like and try to move toward that top 10%.
Resources for Entry-Level Industrial Engineers
The formula we have been taught since we were small children is just not true. Getting a college degree does not guarantee you a great job. If the formula worked, over 49% of college graduates would not report that they found it hard or extremely hard to find their first job.
Universities are failing engineering students because they are not training them on how to go from getting a degree to getting an entry-level engineering job.
The Job Formula will help you learn what you need to learn to get hired! See our free resources below to get started.
The Winning Engineering Resume
Job Formula's in-depth free guide to help engineers put together a winning engineering resume that gets results. Don’t let your resume be what holds you back from getting your dream job. Click on the link to download now.
Entry-Level Engineering Blog
Job Formula’s engineering blog is dedicated to helping entry-level engineers get hired. On the blog, you will find articles on internships, cover letters, resumes, interviews and more, all geared toward engineers!
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Now go get started on your amazing industrial engineering career and change the world!
*The information on this page was pulled together from the U.S. Bureau of Labor Statistics and other various resources. The information is intended for education purposes only.