Average graduate salaries by university and subject: Where to go and what to study to earn top dollar

 
William Turvill
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The London School of Economics came out on top in the ranking (Source: Getty)

Going to university at Oxford or Cambridge pays. But it doesn’t pay as much as the London School of Economics or City University London. But it pays a lot more than going to Cardiff Metropolitan University.

And if you want to earn top dollar as a graduate it’s also worth aiming for an economics degree rather than fine arts and design.

Salary benchmarking site Emolument.com has compiled a ranking of 84 UK universities by analysing 2,400 salaries from graduates (defined as those with less than two years of experience in the workplace) with bachelor degree.

It marks the latest in a long line of graduate pay studies undertaken by Emolument, including research into which universities produce the most business leaders and which MBA courses are best for pay.

London School of Economics grads can expect to earn an average of £38,000, slightly above £36,000 at City University. Cambridge (£35,000) pips Oxford to third place (£34,000). Bath, Edinburgh and Durham, with £33,000, £32,000 and £31,000, come next in the ranking.

Cardiff Metropolitan props up the table, with an average graduate salary of £18,000, slightly behind Liverpool John Moores, Goldsmiths, Anglia Ruskin, University of Central Lancashire, Queen’s University Belfast and Aberystwyth on £19,000.

As for degree subjects, economics pays £33,000, ahead of engineering in second with £28,000. Fine arts and design is at the bottom of the table, with £19,000, just behind English literature and media, marketing and communication, both of £21,000.

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University Rank Graduate Pay
London School of Economics 1 £38,000
City University London 2 £36,000
Cambridge University 3 £35,000
Oxford University 4 £34,000
Bath University 5 £33,000
Edinburgh University 6 £32,000
Durham University 7 £31,000
Imperial College London 8 £31,000
Loughborough University 9 £30,000
Warwick University 10 £30,000
Bristol University 11 £30,000
University College London 12 £29,000
Manchester University 13 £29,000
Aston University 14 £28,000
Nottingham University 15 £28,000
Birmingham University 16 £27,000
Sussex University 17 £27,000
Middlesex University 18 £27,000
Keele University 19 £27,000
King's College London 20 £27,000
Southampton University 21 £27,000
Strathclyde University 22 £27,000
Leicester University 23 £26,000
Leeds University 24 £26,000
York University 25 £26,000
Queen Mary University of London 26 £26,000
Exeter University 27 £26,000
Hull University 28 £26,000
Glasgow University 29 £26,000
Surrey University 30 £26,000
Staffordshire University 31 £25,000
Liverpool University 32 £25,000
Essex University 33 £25,000
Heriot-Watt University 34 £25,000
Kent University 35 £25,000
Hertfordshire University 36 £25,000
Gloucestershire University 37 £25,000
Newcastle University 38 £25,000
Cardiff University 39 £24,000
Sheffield University 40 £24,000
University of East London 41 £24,000
Northumbria University 42 £24,000
Huddersfield University 43 £24,000
Brunel University 44 £24,000
Greenwich University 45 £24,000
Lancaster University 46 £24,000
London Metropolitan University 47 £24,000
Plymouth University 48 £24,000
Portsmouth University 49 £24,000
Royal Holloway 50 £24,000
The Open University 51 £24,000
University of East Anglia 52 £24,000
University of the West of England 53 £24,000
Westminster University 54 £24,000
Leeds Metropolitan University 55 £24,000
Northampton University 56 £23,000
Kingston University 57 £23,000
Nottingham Trent University 58 £23,000
Bangor University 59 £23,000
Canterbury Christ Church University 60 £23,000
Reading University 61 £23,000
Sheffield Hallam University 62 £22,000
Coventry University 63 £22,000
Oxford Brookes University 64 £22,000
Birmingham City University 65 £22,000
Bournemouth University 66 £22,000
Brighton University 67 £22,000
London South Bank University 68 £22,000
Manchester Metropolitan University 69 £21,000
Roehampton University 70 £21,000
Southampton Solent University 71 £21,000
University of the Arts London 72 £21,000
Swansea University 73 £21,000
West London University 74 £21,000
De Montfort University 75 £20,000
Salford University 76 £20,000
Ulster University 77 £20,000
Aberystwyth University 78 £19,000
Queen's University Belfast 79 £19,000
University of Central Lancashire 80 £19,000
Anglia Ruskin University 81 £19,000
Goldsmiths University 82 £19,000
Liverpool John Moores University 83 £19,000
Cardiff Metropolitan University 84 £18,000

And here is what you need to study...

Economics: £33,000

Engineering: £28,000

Management & Strategy: £27,000

Mathematics & Statistics: £27,000

Computer Sciences: £27,000

Accounting, Business & Finance: £27,000

Physics, Life Sciences & Healthcare: £27,000

Law: £26,000

Modern Languages: £26,000

Humanities (History, Geography, Politics...): £25,000

Chemistry & Natural Sciences: £23,000

Psychology: £23,000

Media, Marketing & Communication: £21,000

English Literature: £21,000

Fine Arts & Design: £19,000

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