<p>lol. Okay buddy… Ummm, where to start… Dsmo is an EE major. Therefore, I brought in the point that UT students are so in demand that even EE majors gobble up these jobs. which is almost impossible 'cuz the fields are so different. listen mr. bit time mgmt. consultant, for oil jobs…</p>
<p>…it is ALWAYS, “ALWAYS” about location/connections/respect within the industry.</p>
<p>For example, a A Mississipi State grad will always be preferred over the Big Blue or even MIT. lol, better believe it. With 2 years work experience you could attend Phoenix Online Community College if it was in the deep south for all they care. You had to get those internships some how… </p>
<p>Now let me say it again LD, any engineering student at UT can go into oil if desired. again, I don’t know why in the hell you brought in mccombs or any other school at texas as inferior, with the subject of this convo in petrol job recruiting. If you want to be an EE, sure, go to UMich. If you want to be a PE and major in EE, then the only option you have is a school like UT. </p>
<p>lol you brought in all these industries, and we never left the oil industry from the beginning. </p>
<p>get it? if not, find someone to explain it to you… now anyway, like i said, the oil industry want pick up until the recession comes to an end. (IMO 5 years)</p>
<p>no lol my post is below yours. remember “I NEVER SAID UT WAS BETTER THAN ANY OTHER SCHOOL THAN FOR GOING INTO OIL.” WHY ARE YOU BRINGING IN OTHER INDUSTRIES??? AN EE WOULD GET THE PE JOB CUZ HE IS “IN THE GOOD OLE BOY SYSTEM, CUZ HE ATTENDS UT!” REMEMBER I HATE UT! i really don’t know why im defending them. My cousin went to U Edinburgh and did a year of studying at UT, for some reason she loved to arroance. </p>
<p>I see your point, I think it’s the connotation that rubbed consultinghopeful the wrong way in first place. Remember, Michigan (and northwestern) students and grad hates to be thought of as just another big ten school, or just another generic school in the midwest when you are talking about academics…and I admit, we are sensitive to those words :-p</p>
<p>I think some of the numbers in this thread are a little high (unless people are factoring in overtime pay). I would expect to get something in the $20-25/hr range (probably closer to $20) unless you are extremely experienced or well connected with the company. I have interviewed with a couple of oil companies and they told me to expect something in the $3500/month range. My internship for this summer is paying me in this range as well, and it seems to be pretty standard across most of the energy industry. For an intern I think this is respectable pay (especially since I just finished my sophomore year…). </p>
<p>I would take many of the other numbers in this thread with a grain of salt. They seem unrealistic.</p>
<p>You’re in high school and you are expecting to know all kinds of crap about how much engineering co-ops at refineries make? Give me a break. I made $7950 in the month of March, and that does include a lot of overtime pay. So how the hell would you know that they don’t want to give to a college student? Having a refinery shutdown can cost millions and millions of dollars…if some college kid can support the craftsmen and help things move along, it saves the company a lot of money and they are happy to let me get the experience.</p>
<p>I agree that Texas would be a great place to go for a petroleum engineering degree, but with an EE degree, I would obviously be looking at different type jobs. </p>
<p>And $4500/month is really the average for upstream jobs? My base pay (before OT) is quite a bit higher than that.</p>
<p>Hiring someone for $10k/year less in salary? Dumb when you consider how long it takes to train an engineer…your Exxons and Shells of the world take nearly 2 years to train a new engineer from what I hear. So firing someone for such a small amount of money makes absolutely no sense.</p>
<p>And I do understand the surprise about wages…I’m just here to talk up the oil industry as a great one that students should think about. Employees are well cared for. (How many other industries still offer 401k match and a company-funded pension?) When I got my offer in the fall, I was just as shocked. But take a look around this website and you will see stories of people being offered $32/hour at Exxon, a little more than I make but within range. It takes a long time (and therefore money) to train a new employee on all of the different processes, safety policies, etc…make the pay so they don’t want to leave and you don’t waste a year or two and a ton of money on training someone who is going to chase other opportunities the first time more dollars come along.</p>
<p>Banks, govt, energy, maybe a couple more…the point is just that not many industries still do it. And I am surprised to hear that banks offer company-funded pensions. I would have thought that most people don’t stick with their company long enough to qualify.</p>
<p>dude…banks do not only consist of ibd where people jump to PE en masse after their 2 year stint… there’s also middle office and back office which are pretty well compensated for the stuff they do compared to doing it at other companies</p>
<p>My summer internship pay was approximately:
-Summer after 1st year of school - $8/hour at city engineering department
-Summer after 2nd year of school - $14/hour at fortune 500 company doing Systems Engineering
-Summer after 3rd year of school -$5000 for the whole summer + housing working for heart surgeon doing database/inventory design
-Summer after 4th year of school - $18/hour + housing stipend + travel at defense company doing Systems Engineering
-Summer after 5th/final year of school - $23/hour + housing stipend + travel at different defense company doing Plant/Maintanance engineering</p>
<p>If will vary a lot depending on the cost of living where you intern, the type of company, the year in school, etc.</p>