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.
|London School of Economics||1||£38,000|
|City University London||2||£36,000|
|Imperial College London||8||£31,000|
|University College London||12||£29,000|
|King's College London||20||£27,000|
|Queen Mary University of London||26||£26,000|
|University of East London||41||£24,000|
|London Metropolitan University||47||£24,000|
|The Open University||51||£24,000|
|University of East Anglia||52||£24,000|
|University of the West of England||53||£24,000|
|Leeds Metropolitan University||55||£24,000|
|Nottingham Trent University||58||£23,000|
|Canterbury Christ Church University||60||£23,000|
|Sheffield Hallam University||62||£22,000|
|Oxford Brookes University||64||£22,000|
|Birmingham City University||65||£22,000|
|London South Bank University||68||£22,000|
|Manchester Metropolitan University||69||£21,000|
|Southampton Solent University||71||£21,000|
|University of the Arts London||72||£21,000|
|West London University||74||£21,000|
|De Montfort University||75||£20,000|
|Queen's University Belfast||79||£19,000|
|University of Central Lancashire||80||£19,000|
|Anglia Ruskin University||81||£19,000|
|Liverpool John Moores University||83||£19,000|
|Cardiff Metropolitan University||84||£18,000|
And here is what you need to study…
Management & Strategy: £27,000
Mathematics & Statistics: £27,000
Computer Sciences: £27,000
Accounting, Business & Finance: £27,000
Physics, Life Sciences & Healthcare: £27,000
Modern Languages: £26,000
Humanities (History, Geography, Politics…): £25,000
Chemistry & Natural Sciences: £23,000
Media, Marketing & Communication: £21,000
English Literature: £21,000
Fine Arts & Design: £19,000
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