Graduating in the UK is a big decision, and it can also be a costly one. So you want to make sure that you are picking the right Degree for your needs. There are many factors to consider when deciding which degrees lead to high salaries in the UK, but there is no clear answer on what Degree will get you the highest salary. This article will outline 6 degrees commonly leading to high paychecks after graduation so that graduates can get an idea of what they might want to study if they wish for maximum financial success!
Medicine Degree
Graduates with a degree in medicine are common top earners after graduation. Graduating from medical school can be expensive, but it usually leads to very high salaries for graduates who go into the correct fields of work. After medical school is completed, you must undertake at least one year’s worth of training as an intern before being able to practice as a doctor. During this time, interns earn an average of £30,000, and after training is complete, the pay rises to around £50,000 annually. Graduates can make even more if they go into specialised fields such as oncology or dermatology, which typically lead to higher salaries for graduates with these degrees.
Business Degree
Graduates with a degree in business are also very common among high earners. Business degrees are typically less expensive than medical school but can still be costly to attend university for three or four years. However, the average annual salary of graduates who work as accountants is around £30,000, and those working at large firms such as Deloitte or PwC can earn £40,000 to £50,000 per year. Graduates who go into the financial industry will typically have a higher salary than accountants, with an average of about £45,000 annually.
For further information, check out our page on Business Graduate Jobs.
Computer Science Degree
The third Degree is a Degree in Computer Science, which can lead graduates into very high-paying careers after graduation. According to the Guardian Newspaper, Graduates with this Degree typically make between £20 000 and £30 000 per year, but it’s not uncommon for these types of employees to earn over £60 000 per year. Earning potential for this Degree has been increasing over the past few years as more and more companies are looking to hire employees with these types of skills. This Degree usually takes three years to complete, but most employers will train graduates in-house at their company which can cut down on costs significantly.
Visit our page on Computer Science Graduate jobs for more.
Law Degree
The fourth Degree is a Degree in Law, which according to many reports, typically leaves graduates with starting salaries between £25 000 and £35 000 per year. Law graduates can go on to work for corporations, or they might decide that they want to open their own law firms; either way, many of them earn more than six figures by the time they reach their 30s. This Degree usually takes three years to complete, but most employers will train graduates in-house at their company which can cut down on costs significantly.
Visit our page on Law Graduate jobs for more.
Engineering Degree
The fifth degree is a Degree in Engineering; specifically Petroleum Engineering, which has an average starting salary of £25 000 and £35 000 per year for Graduates. Engineering graduates can go on to work at oil rigs, be owners of their own business, or they might decide that they want to open up their own engineering company. This Degree usually takes four years before graduation, and after graduating, many employers will train graduates in-house at the company, which cuts down on costs significantly.
Visit our page on Engineering Graduate jobs for more.
Marketing Degree
The final Degree is a Degree in Marketing. Graduates with these degrees typically make between £18 000 and £30 000 per year after graduation; however, graduates can also find marketing jobs for very wealthy companies which can increase their earnings much more. This Degree usually takes three years to complete and after completing the Degree, Graduates will go on to be hired by companies that work in marketing or for very wealthy corporations.
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