Choosing a career is always challenging, but you have to make a decision and work towards your career at a particular stage of life. So, is capital goods a good career path?
Do you love to work in an industry that is different from your mainstream?
Everyone around you desires to become an Accountant, Teacher, Doctor, Engineer, etc., but you have thought about sometimes doing differently by choosing a good career path that is exciting.
In this article, we will be talking more about the capital career you can do as a graduate in high demand.
Let us look at the meaning of capital goods.
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What Does Capital Goods Entail?
Capital goods are a product that is used for the production of other products which are not incorporated into a new product.
For example, electrical equipment, printing and packaging machinery, industrial machinery, process plant equipment, and textile machinery.
Examples Of Capital Goods
The examples of capital goods are listed below:
- Steel
- Machinery
- Automotive includes the components for bikes, tricks, vehicles, and other vehicles.
- Textile that includes wool, nylon, and cotton.
- Chemicals include minerals, natural gases, oils, etc.
- Electronics
Some Of The Industries In Capital Goods
- Construction industry
- Steel industry
- Machinery industry
- Textile industry
- Electronics industry
- Chemicals industry
- Aerospace and defence industry
- Energy, mining, and utility industry.
Is Capital Goods A Good Career Path For A Graduate
Career goods is a good career path you can follow as a graduate because it is an exciting industry for young graduates that want to enhance their skills while being relevant and earning some income.
Also, there are many good options for you to get a job in the capital goods industry.
Paying Jobs That Are Available In Capital Goods
Some of the paying available capital goods include:
Engineering Managers
Engineering managers are well-paid jobs in the capital goods industry. They play the role of planning, coordinating, and directing the company’s engineering activities.
If you dream of working in capital goods, you can consider this by preparing for the essential requirement to attain the position.
This position is for those with degrees in engineering and some years of experience working in the field.
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Manufacturing Engineer
This consists of engineers coming into the group to work in the manufacturing industry; their responsibility is to ensure that the manufacturing production processes are going smoothly.
Some skills and qualification that requires you to be a manufacturing engineer include:
- You must have teamwork skills
- Having technological skills
- Good communication skills
- Critical thinking skills
- Problem-solving skills.
- Having a good commercial awareness
- Knowledgeable in purchasing equipment for installation and repair.
Mechanical Engineer
This is also among the paying jobs position in the capital goods industry; to attain this position, you need to have more years of experience.
Some of the roles of the engineer are designing, building, inspecting, and developing the mechanical devices that are being used.
These engineers work in diverse fields of design due to work being a broad field.
Industrial Designer
The industrial designer takes care of the manufactured products and develops the concept of the products like cars, toys, home appliances, etc.
This industrial designer has a combination of business, art, and engineering to create products needed by human beings.
With a degree in industrial design additional with some years of experience, you can be successful en for the position as far as capital goods are well concerned.
Quality Control Manager
The quality control manager supervises the staff and oversees the product procedures to ensure that they use good quality and efficiency standards.
Also, he works with the customers to make sure they meet their needs through the requirements.
Research Development Manager
The research and development manager is an attractive and good job in the capital goods industry.
Their prominent role in directing and managing the research and development (RD) programs by meeting the organization’s needs by capitalizing on the potential new products.
Also, it develops the implementation of the research procedures and techniques.
Sales Engineer
These sales engineers are trained to specialize in technology and scientifically advanced products for companies.
They use their technical skills to explain more about using the products or services to get the potential customers to show them how their product and services are better than other competitors.
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Conclusion
Now we’re convinced you know capital goods are a product that is used for the production of other products which are not incorporated into a new product.
This article was written to give you an in-depth answer to the question is capital goods a good career path for a graduate.
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