======= Date Modified 27 Sep 2010 10:35:58 =======
I am currently working on the EngD, i've just finished the first year. So far it has been a great experience. I work in research and development. The projects I work on are completely run by myself and are only supervised. I have previous industrial experience but the level and responsibility I have now is much greater. I whole heartedly recommend it to anyone who wants a highly rewarding career and a good step up when you graduate. You will have a doctorate and 4 years work experience. The EngD also allows you to study half an MBA which will really help when running projects and driving company goals.

As for financial rewards and prospects. The stipend is what you will get for fours years with a small increase. A little annoying as no bonuses or significant pay rises occur at the moment. However the pay is good anyway and I have no issues and am actually saving for a mortgage in the near future. I have done a lot of research into the graduating pay and prospects and have found an average salary of £40-41k and a senior position such as project leader or senior technical lead. I have also read some research council literature which has found salary increases greatly over time from when you graduate.

You will charter after the 4 years because of the technical, innovation and leadership qualities/experience you have gained. Despite what most engineering bodies claim it is very difficult for someone without an EngD to attain CEng in 4 years. The scoring system does not allow any zeros in the large range of categories and where as some will fall at innovation most will fall at leadership because they have never completely managed a significant project and budget.