Aerospace Engineering Salary: Top Paying Countries and Companies
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Want to become an Aerospace engineer? This guide blog will help you to understand the trend of Aerospace Engineer Salary in India and abroad along with top-paying companies, popular universities around the world and more.
The aerospace engineering salary in India and in the world is on the rise, due to the increasing demand for skilled professionals in the field. Indian space missions like Chandrayaan-3 and Gaganyaan are igniting a new space race. Other than India, countries like the USA, Japan, Russia and China are taking part in this space race to explore the universe. The average aerospace engineering salary in India is around ₹7.5 lakhs per year. According to Glassdoor, the Aerospace Engineer Salary in USA is $1,41,022 (INR 1.17Cr) per year in the United States. This is much more than the salary of an Aerospace Engineer in India.
Aerospace Engineering is one of the best engineering courses for the future. Engineers of this sector play an important role in making space missions successful. If you’re dream career to be an Aerospace Engineer, there's one important question: how much will you earn? This blog post is your one-stop guide to understanding Aerospace Engineering salary in India and abroad including popular job roles, and some tips to maximize your earning potential.
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Aerospace Engineer Salary in India vs Abroad
Did you spend your childhood gazing at the stars and dreaming of building rockets and spaceships in your childhood? If you answer yes, pursuing aerospace engineering can make your dream a reality. However, knowing the earning potential before making career goals around it is important.
The entry-level Aerospace engineer salary is between INR 3 to 5 Lakhs per year in India. The salary of Aerospace Engineers in developed countries like the USA, United Kingdom, France and UAE is higher compared to India. Here, you need to note that just like the salary, the cost of living in these countries is high also.
Currently, the private sector companies like SpaceX and Blue Origin are paying the highest salaries to Aerospace engineers. Due to this young and fresh talent is choosing to work for such countries over NASA jobs.
What Does an Aerospace Engineer Do?
The job of an Aerospace Engineer is to design spacecraft, rockets, and cutting-edge aircraft that zoom beyond the Earth's atmosphere. In easy words, they're the brains behind designing these incredible machines to help the world in space exploration. Also, they play a pivotal role in jobs like conducting research and development on new technologies to shaping the future of space exploration and aviation.
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| Average Salary in Switzerland | Average Salary in Singapore | Average Salary in New Zealand |
| Average Salary in Canada | Average Salary in Japan | Average Salary in USA |
Aerospace Engineering Salary in India
The salary of Aerospace Engineers in India depends on several factors such as work experience, job responsibility, employer and job location. Apart from this, Aerospace Engineers working in government organizations get other perks and benefits apart from their salary compensation such as transportation allowance and house allowance. Here, we have mentioned a range of Aerospace Engineering Salary in India based on experience.
| Experience Level |
Salary of Aerospace Engineer Per Month |
|---|---|
| 0-2 years |
25,000 to 40,000 |
| 3-7 years |
50,000 to 1,20,000 |
| 8+ years |
1,20,000 to 2,50,000 |
Source: Naukri.com
Salary of Aerospace Engineer Worldwide
Here we have mentioned the top countries where Aerospace engineer salaries are higher than in India. These countries are top preferred study destinations for students to pursue Aerospace engineering, as these nations are home of some top universities in the world.
| Top Countries |
Annual Aerospace Engineering Salary in USD |
Annual Salary in INR |
|---|---|---|
| Switzerland |
111,625 |
92.75 Lakhs |
| USA |
92,172 |
76.58 Lakhs |
| Germany |
69,394 |
57.66 Lakhs |
| Israel |
65,424 |
54.36 Lakhs |
| Canada |
58,235 |
48.38 Lakhs |
| Australia |
54,266 |
45.00 Lakhs |
| France |
43,189 |
35.88 Lakhs |
Source: Payscale
Note: 1 USD = 83.00 INR
Specialization-Wise Aerospace Engineering Salary
You understood the difference between Aerospace Engineering Salaries in India and abroad. Now, we will discuss the salary based on specialisation. Note that, specialization can have a considerable impact on your salary, so it is essential that you know the specialization-wise salary of an aerospace engineer. Here we have mentioned the salary range of India only. You can do some research to find the aerospace engineer salary in the country where you want to work.
| Specialization |
Average Salary Range in India |
|---|---|
| Aerodynamics |
INR 10 lakhs |
| Propulsion |
INR 9 lakhs |
| Structures |
INR 12.5 lakhs |
| Avionics |
INR 7 lakhs |
| Materials Science |
INR 6 lakhs |
| Space Systems Engineering |
INR 6 lakhs |
Source: AmbitionBox
This is just the basic salary range of different specializations in Aerospace engineering. Apart from this, employers offer cash bonuses and other benefits as compensation to their engineers.
High Paying Companies for Aeronautical Engineers
Here we have mentioned country-wise top companies that offer a lucrative salary to Aerospace Engineers. We have mentioned a salary range in the table.
| Country |
Company Name |
Annual Range of Aerospace Engineer Salary (USD) |
Salary Range (INR) |
|---|---|---|---|
|
|
SpaceX |
USD 124,000 to USD 197,000 |
1,026,200 to 1,638,100 |
| Lockheed Martin |
USD 97,000 to USD 151,000 |
804,100 to 1,258,300 |
|
| Raytheon Technologies |
USD 99,000 to USD 147,000 |
820,500 to 1,223,100 |
|
| Boeing |
USD 96,000 to USD 147,000 |
796,800 to 1,223,100 |
|
| Northrop Grumman |
USD 94,000 to USD 149,000 |
778,200 to 1,240,700 |
|
| General Dynamics |
USD 88,000 to USD 140,000 |
731,200 to 1,162,000 |
|
| Airbus |
USD 33,892 to USD 48,105 |
280,344 to 398,488 |
|
| Airbus Defence and Space |
USD 65,604 to USD 91,845 |
544,692 to 761,479 |
|
|
|
BAE Systems |
USD 43,506 to USD 53,743 |
360,800 to 445,369 |
| Rolls Royce |
USD 46,065 to USD 56,302 |
381,745 to 468,997 |
Source: Glassdoor
This is just a range of salary slabs in different countries. Other than this salary package, Aerospace Engineers may get other benefits and cash compensation.
How to Become an Aerospace Engineer?
To become an aerospace engineer, you can try to get admission to ranked universities in the world. Some of the best universities in the world offer quality education with ample resources to learn. Note that, you need a strong academic background to secure your admission to the top five universities of the world.
Related Blog: Top 10 Engineering Courses Abroad
Eligibility to Be an Aerospace Engineer
Math and Science are important subjects for Aerospace engineering. Start focusing on Mathematics, Physics, and Chemistry. Below, we have mentioned point-wise eligibility to be an aerospace engineer after the 10th board exam.
- Maintain good scores in the 10th and 12th board exams, especially in Mathematics, Physics, and Chemistry.
- Appear in the SAT Exam or ACT exam and get a good score to enrol in B.Tech in Aerospace Engineering offered by popular universities around the world.
- Get a good score in English proficiency tests like TOEFL, IELTS and Duolingo English Test
Top Universities to Study Aerospace Engineering
Here, we have mentioned some of the top-ranked universities in the world where Indian students can get admission to study courses related to aerospace engineering.
- Massachusetts Institute of Technology
- Stanford University
- Harvard University
- University of Cambridge
- Technical University of Munich
Some more universities in the world offer quality education. You can explore the application process, admission eligibility, cost of studying and other important information in these universities.
Feel free to mention any query in the comment section and we will be happy to answer your question. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors.
FAQs Related to Aerospace Engineering Salary
Q. How much does a senior Aerospace Engineer typically earn?
A. According to a report of U.S. Bureau of Labor Statistics, experienced Aerospace engineers earn USD 130,720 per year. This salary is more than the aerospace engineer's salary in India. According to Naukri.com, the monthly salary of an experienced Aerospace engineer in India is between INR 1,20,000 to INR 2,50,000.
Q. What is the salary of aerospace engineer in ISRO?
A. ISRO stands for Indian Space Research Organization, it is a reputed governmental space organization of India. Entry-level aerospace engineers in ISRO may earn around INR 600,000 to INR 800,000 per year. This can go up to 20 to 25 lakhs per month with experience. As a government employe, salary is one part of your total compensation. Other than that, you may get other benefits.
Q: Is BSBI degree valid in Germany?
BSBI does not hold degree-awarding powers in Germany and its programmes are validated by private Italian distance learning institution UniNettuno International Telematic University. BSBI has also partnered with Concordia University Chicago to deliver programmes at its Berlin campus.
Q: What is the cost of a student visa in Germany?
International students going to pursue higher education in Germany are required to apply for a German study visa. The cost of study visa for Germany is EUR 75 per applicant. Below we have provided a check list for German student visa:
- Valid passport
- Application form
- Declaration for additional contact and legal representation information
- Copy of passport
- Proof of admittance to the study course
- Curriculum Vitae
- Proof of Financial Means
Q: Is it worth studying at Melbourne Institute of Technology, Australia?
Melbourne Institute of Technology Australia (MITA) is largely regarded as one of Australia's top institutions. It has a solid reputation in engineering, business, and science.
To begin with, Melbourne Institute of Technology Australia provides a world-class education with an emphasis on hands-on learning. You will be able to gain practical knowledge and abilities in a range of disciplines. Furthermore, the institution provides a wide range of courses and programmes that will provide you with the skills and knowledge required for a successful profession.
Second, the university is well-known on a global scale. It has the highest graduate employability rate in Australia. This is due to the great level of education and possibilities provided by the university to its students.
Third, the university boasts a broad and vibrant culture. While learning, you will be able to pursue your hobbies and meet like-minded people. This will aid in the development of your professional chances and the formation of strong relationships that will continue long after you graduate.
Fourth, the institution provides a wide range of facilities and services to make your studies more pleasurable and productive. You will be able to locate
Q: Is Torrens University good for international students?
Torrens University Australia is one of the fastest growing universities in Australia. It offers a culturally vibrant and comfortable environment for international students. Each year thousands of international students from all over the world come to study at various courses of the university. currently, there are 3932 total students at Torrens University out of which 986 are international students.
Q: Why Indian students choose to study at ESSEC Business School - France?
Indian students choose to study at ESSEC Business School in France because:
- Academic excellence: ESSEC Business School is a top-ranked institution in France and is known for its high-quality education. The school has been ranked among the top schools in France and is recognised globally for its academic programs.
- International exposure: The school has a strong international network and welcomes over 200 graduate exchange students each year from top business schools and universities around the world.
- Career opportunities: ESSEC Business School has a strong connection with top companies, such as L'Oréal, Danone, and Procter & Gamble.
Q: What GPA is required for the University of South Dakota?
The University of South Dakota expects a GPA score of 2.5 from undergraduates and 3 from postgraduates on the 4-pointer scale. Along with the GPA scores, undergraduates must meet the basic eligibility and submit an ACT score of 21 or higher and an SAT score of 1070 or higher. In addition, they must submit the required documents, such as academic history, transcripts, letters of recommendation, English language scores, and more.
Q: What is the University of Canada West acceptance rate?
As per some unofficial sources, the University of West Canada acceptance rate is 80%, which means out of every 100 applications, around 80 are selected, which makes it fairly easy to get selected into the university.
The university gives preference to students having higher grades or have exceptional academic or research experience. Hence, having higher grades increases your chance of getting selected at University of West Canada.
Here is the list of eligibility requirements to get into Canadian Universities.
Q: What GPA is needed to go to Ohio State?
There is no minimum GPA score for UG admission at Ohio State. However, International students must have a cumulative GPA of at least 3.0 (on a 4.0 scale or equivalent) for graduate admission. Applicants may submit a standardized test score (GRE or GMAT) if their cumulative GPA is below 3.0 for the last degree.
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