Petroleum engineers, Geologists and Geosciences Graduates Are Offered Lots of Money and Signing Bonus
Looking for the last drops of oil in remote places
Big Oil is coming to your campus. If your college or university confers degrees in petroleum exploration, geology and geosciences, then you do not have to lift a finger to get the big bucks this graduation year. According to geoscience programs such as Texas, Massachussets Institute of Technology, Jackson School of Geosciences and Colorado School of Mines, there is a high demand for graduates coming from the big oil companies. Exxon Mobil Corporation and Royal Dutch Shell PLC will continue to have a hiring binge in the next 10 years. They have to recruit new employees because their workforce has reached the age of retirement. Petroleum engineers average $63,3400 a year. New graduates are making more than $56,000 a year. A lot of these new graduates do not have a master's degree yet. So a geoscience degree may be worth more than a computer science one. The needs of the current market must be met. High prices (up to $70 per barrel), demographics, aging workforce and a small pool of trained workers cause the petroleum industry to look for talent. So this is a good field to enter right now.
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