Wanted: Business Administration and Engineering graduates for innovative solutions
Graduates are among the most sought-after and best paid career starters. The fast-growing area of services and solutions in particular, has proven itself to be a well-paid sector, immune to economic crises and an area of employment which is not outsourced to developing countries. Some world market leaders have altered their strategy to focus entirely on service-based offers. Thus, in a field where there are still very few graduates, the demand for specialists is growing, offering first-class career opportunities.
Diverse fields of employment
In customer- and sales-related positions, technical positions, marketing, product management and innovation management. Such positions are typically strongly networked with many business areas, also internationally.
Typical career pathways
- Business Development / Development of Innovative Solutions
- Consulting / Sales of Services and Solutions
- Product Management / Marketing Management for Services and Solutions
- International Service Management / Service Operations Management
- Head of Training / Training Planning
- Usability Engineering / Media Planning
- Knowledge and Information Management
Career perspectives - are graduates of Business Administration and Engineering in demand?
- "Graduates of Business Administration and Engineering are in greater demand than almost any other" (External link opens in a new window:"Wirtschaftsingenieure sind am Markt gefragt wie kaum eine weitere Berufsgruppe") - Axel Haas, Managing Director of the Association of German Industrial Engineers (Verband Deutscher Wirtschaftsingenieure e.V.).
Megatrends such as automation and Industry 4.0, renewable energies, electromobility and autonomous driving, as well as artificial intelligence, mean that specialists are needed who have technical knowledge, but at the same time understand economic contexts - External link opens in a new window:(werden Fachkräfte gebraucht, die über technisches Wissen verfügen, aber gleichzeitig wirtschaftliche Zusammenhänge verstehen) Karrieresprung.de
Industrial engineers remain in high demand (External link opens in a new window:Wirtschaftsingenieure sind weiterhin sehr gefragt)- Verband Deutscher Wirtschaftsingenieure e.V.
Salary - how much does a graduate of Business Administration and Engineering earn?
- According to the career portal External link opens in a new window:absolventa.de, industrial engineers can expect an average gross salary of €4,488 per month.
- According to a current salary report (03/2022) from External link opens in a new window:statista.de, industrial engineers receive the fourth-highest starting salary of all fields of study in Germany, at a gross salary of €55,367 per year.
- Only lawyers, physicians and computer scientists with a doctorate are better paid (Image source: statista.de; gehaltsreporter.de; Korn/Ferry; Hay Group).