Mining/Petroleum Engineers?

[imatlas]

For what it's worth, a close friend of mine is (was) a PE. Got a Masters in PE from Stanford, worked in the industry for a decade, hated the job. Went back to school for an International MBA and earned a CFA separately - now works as a top financial analyst for one of the majors mentioned above, making massive bucks, and loves the job. Point is, there are more opportunities in this area beyond the engineering role itself.

 

[Stewbone]

I know this is slightly off topic, but does anyone here have any experience in Petroleum/energy economics? Im currently a junior getting a degree in econ/finance and was going to start applying to the few grad schools that offer a degree in the area. I was just wondering if a grad degree in this area would be useful.

 

[Khayembii Communique]

I'm an EE, not petroleum, so I know little about petroleum specific topics, but in most cases the math in different branches of engineering is analogous.

The science is pretty much the same, too. There is a reason that your degree says "BS Engineering" and not "BS Electrical Engineering".

 

[Ad Fundum]



I'm an EE, not petroleum, so I know little about petroleum specific topics, but in most cases the math in different branches of engineering is analogous.

The science is pretty much the same, too. There is a reason that your degree says "BS Engineering" and not "BS Electrical Engineering".

So wait, you're telling me physics doesn't change depending on major?

 

[alocsin]

It is one of the highest paid engineering professions according to the U.S. Department of Labor:

Highest Paid Engineer Jobs in the USA

 

[Amit Devnath]

Bro i have a few questions about mining engieering. Can I please get ur email address?

 

[chouhuoguo]

good info,You'll make good money and work in the middle of nowhere.thank you

 

[otc]



I know this is slightly off topic, but does anyone here have any experience in Petroleum/energy economics? Im currently a junior getting a degree in econ/finance and was going to start applying to the few grad schools that offer a degree in the area. I was just wondering if a grad degree in this area would be useful.

The big econ consulting firms will all have people/practice areas dealing with energy. Projects will involve pricing/competition/tariffs/pipelines/financing etc.

Not sure how the mix would look as far as litigation work (analysis responding to lawsuits/contract breaches/government probes) vs advisory work (helping businesses design pricing models/governments design regulations/etc). People probably lean one way or the other based on their specialty and reputation.

A PhD would be useful for sure, maybe an MA (since it doesn't give you the solid credential of a doctorate and might not be as useful to a company as 2 years of work experience).

My suggestion would be to try and get an internship this summer doing this to see how you like it (understanding that interns do the crap work, which is very different than what someone who worked for a year, went to get a PhD, and then came back would be doing). Will require some research and networking on your part...I think NERA does a lot of energy work out of their Boston office, and there are probably some firms that specialize in energy, but as far as the other big firms, you'll have to figure out which offices have the energy experts (otherwise you will be working on M&A or stock fraud or something else completely unrelated to energy economics).

 

[dadayosang]

good,You'll make good money and work in the middle of nowhere.thank you