<p>Biotech and pharmacuetical companies are not paying $100k starting salaries for BS graduates. PhDs are more likely to command the $100k starting pay.</p>
<p>Are you suggesting the UMinn isn’t good enough because it’s “only” #3??? If so, oh my!</p>
<p>Anyway…how much will your parents pay?</p>
<p>With your ACT, you’re options will be limited into some/many top engineering schools. Some require admittance into their CoE’s and often at least an ACT 31/32 is needed (like for Cal or UCLA).</p>
<p>JHU and Duke have the 1 and 2 BME programs in the country. That by itself results in the 100k/year</p>
<p>BME grads will not start at $100k.</p>
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<p>Maybe not all of the graduates get the 100k/year, but most do. For JHU specifically, they accept <120 students into BME each year and about 50% of them (~60) drop out during the 4 years. Only <60 students end up graduating as BME majors and they do get lucrative jobs (usually 100k/year) upon graduation. You are not considering how hard it is to get into JHU or Duke BME in the first place.</p>
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<p>A school’s or major’s selectivity does not mean anything if the employers are not looking for lots of BME graduates. Since JHU and Duke do not make career survey results by major available (instead, they refer to non-school-specific surveys by major for those interested in that), there is no reason to assume that JHU and Duke graduates in any given major are paid that much more on graduation than other graduates in the same major.</p>
<p>The only JHU/Duke BME grads earning a starting salary of $100K/year work on Wall Street.</p>
<p>There is a reason why getting into JHU or Duke BME is almost as hard as getting into Harvard…</p>
<p>Or they will make $100K/year after they’ve earned their MD’s.</p>
<p>BME is one of the LEAST lucrative engineering degrees with a BS, whether from JHU or elsewhere. The degrees are not accredited and considered as “engineering-light” by most employers. The programs are generally a hodgepodge of a little of everything with no true specialty. Without a PhD in bioengineering you essentially have no real marketable skills. MIT decided long ago against creating a BME department because of the absence of any “foundation” science to support the discipline unlike all other engineering specialties. If you are interested in working for big pharma, a biotech firm or medical device company, you are much better off with a ChemE, materials science, EE, CS or MechE degree.</p>
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<p>Actually, [url=<a href=“http://www.abet.org%5DABET%5B/url”>http://www.abet.org]ABET[/url</a>] does have accreditation for bioengineering / biomedical engineering (and both Duke and JHU have gotten ABET accreditation for that major, though not all schools with that major have). But ABET accreditation does not, by itself, mean that a graduate with such a bachelor’s degree will be well paid.</p>
<p>^True. But it DOES mean that the program follows a well defined curriculum. It is also a fact that there no specific core of knowledge associated with BME. The definition of BME is the application of all engineering disciplines to the medical field including mechanical, electrical, chemical, CS without distinction. At many schools including Stanford it falls under “general engineering” or multi-disciplinary programs with the curriculum largely up to the student. In over 25 years managing a medical device business, the company never hired a student with a BME degree but plenty of mechanical, computer scientists and electrical engineers. </p>
<p>BME is quite different from the rapidly emerging field of biological engineering or bioengineering which is the application of biological principles to fields such as medicine, the environment, energy, new materials. This field unlike BME is in high demand with biotech and pharma companies.</p>
<p>Cellardweller is right. Lots of kids are going into BME and not many employers are looking for BME specific majors. That means a supply glut and little market demand…starting salaries are what the market will support (ie <$100k).</p>
<p>Better to major in a more traditional engineering discipline for undergrad, IMHO.</p>
<p>no i think it is good. its just me personally i want to get out of state, and be in the top. i know that my act score isnt good enough( reading speed dragged me down sooo much in reading and science, and gramer messes me up on getting a high score in english), but i am serious about school and want a good shot at top schools. but this isnt gonna happen because of my act scores. oh well…
u of m is good for me. i went to a camp during the summer for the U and i fell in love with the campus.</p>
<p>biomed engineers are paid below chemE’s by about $10,000 in their mid term salery. chemE start at a bit over $60,000 for a bs, and mid career is about $90,000-100,000. for all the data i have seen this is the trend, and biomed is always below chemEs. correct me if i am wrong btw.
i have never heard of any engineers with a bacholers degree making $100,000 off the bat…
anyone can back this data up with the $100,000 pay for bs biomeds?</p>
<p>The $100K figure is total BS. The average for BME grads who can find jobs is less than $50K.</p>
<p>The only engineer undergrads I know at MIT who made $100K or more straight out of school and who did not go into finance/consulting were hired by startups. Most were ChemE or EE. Even though they were undergrads they typically had years of experience at some of the top labs such as the Langer Lab or Media lab and possessed very unique skills. </p>
<p>Among grad students greater than $100K starting salaries is quite common. The AVERAGE starting salary for graduates of the MS in ChemE Practice at MIT is $120K (excluding signing bonuses). It is a one year internship program after the bachelors degree and is a terminal degree for those interested in joining industry. The EECS department has a similar program. </p>
<p>I know a few grad students who had their names attached to key patents developed at the MIT labs they worked at and then made millions when the patents were eventually licensed to industry. Langer himself holds hundreds of patents and is probably the wealthiest professor at MIT by a wide margin.</p>
<p>oh and i meant $100,000 for ChemE in the last post. my bad.</p>
<p>cellardweller do you have data to back it up? the medium salery for undergrad engineer out of MIT is about $69,000 i think( got data from payscale). no where close to $100,000. for graduate degree that doesnt surprise me though.</p>
<p>MIT conveniently has its own career survey information:
[Graduating</a> Student Survey - MIT Careers Office](<a href=“http://web.mit.edu/career/www/infostats/graduation.html]Graduating”>http://web.mit.edu/career/www/infostats/graduation.html)</p>
<p>Page 21 of the 2010 career survey lists average pay of graduates. (However, it appears that for EECS, they switched numbers in the SB and SM columns.)</p>
<p>Highest paid master’s degrees were Chemical Engineering (4* graduates, $121,250), Health Science and Technology (2* graduates, $120,000), and Mechanical Engineering (23 graduates, $118,761), the only ones over $100,000.</p>
<p>Highest paid bachelor’s degrees were Materials Science and Engineering (3* graduates, $74,667), Mathematics (23 graduates, $70,102), Civil and Environmental Engineering (5* graduates, $68,400), Nuclear Engineering (4* graduates, $65,345), EECS (42 graduates, $65,333), Management (39 graduates, $65,218), and Aeronautics and Astronautics (19 graduates, $64,542).</p>
<ul>
<li>= very few graduates</li>
</ul>