London Daily

Focus on the big picture.
Saturday, Feb 22, 2025

Britain's highest paying degrees, according to UK graduate salaries

Britain's highest paying degrees, according to UK graduate salaries

In an age where students have to fork out large tuition fees, the courses - like law, business and economics - that result in the highest graduate salaries are becoming increasingly attractive.

With the Oxbridge deadline, as well as that for courses in medicine, veterinary science and dentistry, on the horizon in October, it's time to start weighing up universities options.

While monetary earnings aren't everything in a degree, it's important to know the sorts of graduate salaries you can expect to earn after graduating - and there are some big discrepancies depending on what you choose.

It is certainly true that some courses at top universities can give you some of the highest paying degrees, adding tens of thousands to the average starting salary.

But some of the highest paying jobs actually come from some lesser known institutions, with engineering, computer science and business graduates from a wide variety of universities punching above their weight.

Use the tool below to compare which courses delivered the highest earnings five years after graduating. It contains a couple of entries that are likely to be fairly surprising.

The highest paying university degrees

The latest figures from the Department for Education show that the course with the highest graduate salary is business and management from Oxford University.

Those who graduated from this course after the 2010/11 academic year earned an average £74,100 five years after graduation.

Oxford dominates the top three this year with Computing (£67,900) and Law (£67,200) coming second and third respectively.

Oxbridge and Russell Group courses are reliably found at the top of theses rankings and the same is true this year with business and management at Bath the only non-Russell Group course in the top 10.


What about the highest graduate salary after one year?

While looking at highest paying jobs a year after graduation is not the ideal way of measuring the true earnings of a specific course or institution, we can still glean an indication of a course’s potential.

The most lucrative course is surprising when we look at figures this way. All the big name universities are beaten by a little known institution from east London.

According to figures from the Department for Education, engineering and technology students from Havering College of Further and Higher Education command a higher average salary than graduates of any other course in Britain a year after graduating.

The course had 35 students in 2015-16, with this cohort achieving an impressive median salary of £54,400 in 2015-16.

This is more than £10,000 ahead of The London Institute of Banking & Finance 's business graduates in second place.


Medicine graduates tend to get jobs that pay well

Medicine has retained its title as the degree subject attracting the highest average graduate salary, according to the figures.

While some economics and business courses might bring in the most money individually, the average medicine graduate was earning £46,600 five years after completing their course - the highest of any subject.

At the other end of the spectrum people graduating with creative arts degrees had the lowest average salaries, standing at just £20,600 five years after graduation.


How big an impact does a specific course actually make on earnings?

When looking at graduate salaries it is important to note that many things go into determining the earnings potential of a graduate.

Oxford and Cambridge come at the top end of the table for graduate salaries but a large part of this is due to the fact that they select some of the best students to take their courses. The true extent to which the university has boosted their earning potential is therefore not immediately apparent.

Last year the IFS (the Institute For Fiscal Studies) sought to answer this conundrum by measuring earnings after accounting for things like prior attainment, socioeconomic background, region and ethnicity.

After doing this they concluded that studying at the most prestigious universities did, in fact, result in higher earnings. LSE had the greatest effect and was responsible for a 49 per cent boost in wages for men and 37 per cent for women compared to the average graduate.

Newsletter

Related Articles

0:00
0:00
Close
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
UK Prime minister, Mr. Keir Starmer, has stated that any peace agreement aimed at ending the conflict in Ukraine "MUST" include a US security guarantee to deter Russian aggression
×