A Quarter of UK grads are low earners

This sense of entitlement is hilarious. Why do you deserve a certain lifestyle?

Jobs are 50% luck anyways. I know people starting in consulting on £100k who would wonder what the hell you did wrong. Equally there's nothing "pathetic" about earning less. You've been luckier than some.

This sense of entitlement is hilarious. Why do you deserve a certain lifestyle?

Jobs are 50% luck anyways. I know people starting in consulting on £100k who would wonder what the hell you did wrong. Equally there's nothing "pathetic" about earning less. You've been luckier than some.

You said speak for myself but that you also agree? The lack of value was my point really.

All the materials etc. isn't that valuable, and professors time isn't worth 9k to you.

3k, sure... Even still, is a lot of money between a class; the average if I remember correctly is around the ballpark of £30-40 per lecture... and that's before the rise to 9k...

There's no way you know anyone starting on £100k in consultancy. I've never seen any graduate job that pays £100k first year

They have a masters and are a year or two in.

Believe me or don't, makes little difference to me, just trying to contribute some information to the thread.

The speak for yourself bit was regarding it only being a library pass

I was in around 20 hours of lectures and labs a week, so around 600 over the course of a year? That's only around £5 a lecture?

Looking at the current value of gold I used at least a couple of hundred pounds of that alone. Some of the more basic metals and chemicals to go with it probably came to another few hundred. God knows what the more specialised organic compounds value was.

Even at £9k the value of that could be argued, although I agree it gets tighter. My point is sure, some degrees are bad value, but even ignoring the value of "the experience" (I went to three different sports clubs that I've carried on after uni. Outside of uni they were around £5 a session. That's another ~£500 a year) some actually aren't half bad. I'm just grateful for all the humanities students who paid the same and got 6 hours a week with no resources, because they basically funded my degree.

Unless that 'masters' was an MBA, and they had 3-5 years prior experience and they're working for top strategy firm, it's BS.

Not even many entry level bankers hit £100k comfortably after 1-2 years

Lots of internships and good connections does wonders from what I gather, along with a giant steaming heap of luck. No MBA though.

A few hundred pounds of stuff provided to you here and there would be value at 3k, agreed - but def not at 9k

Internships are a minimum doesn't affect salary or expected total comp in the slightest. The highest paid consulting grad I know works for a top 3 firm and is making ~£50-60k 2 years in. £100k is either made up or he's working for an obscure tiny firm.

Meh, think what you like. It's not for a dedicated consulting firm, but a consulting job within an organisation. And do your internships with the right people and it can help more than others.

Ahh, so contracting? Fair enough.

I wouldn't call it contracting. They're employed by an organisation to do consulting for said organisation. If that's what counts as contracting in the consulting world then fair enough, my mistake. I looked at it once upon a time but not something I personally have any experience with.

I agree careers advice in this country is a complete and utter shambles. So many posts on TSR show that by themselves. I heard someone once say that STEM degrees are a way to riches - being fully serious - when engineers and scientists have lower than expected salaries.I wouldn't look at your course average, what matters is your job/industry's average. Others on your course might be doing something completely unrelated to your current job - which I guess is another issue, people using course salary averages as benchmarks.Posted from TSR Mobile

Sounds like corporate strategy/in-house consulting tbh, not sure what the pay is like there but it still feels high ish.

If you actually went through and carefully added it all up I don't think £9k is that ridiculous. I don't know exactly what paperwork you need to get some of the chemicals we used in those quantities but I doubt it's that easy. Simple things such as the vacuum chamber easily gets into the tens of thousands of pounds (the glass dome alone is a fair few hundred) chemical cupboards, god knows how much glassware. This is all just for my dissertation. Normal practicals included everything from radioactive samples to high powered lasers to specialist telescopes. Use of a super computer, even use or normal computing suites considering the cost of the program licences. Not sure where else I could use all this stuff and buying it would cost a ridiculous amount.

Then you get to all the smaller stuff; the union facilities you can use, the free bus travel, the bursaries for sports tournaments and equipment.

There are definitely degrees that aren't anywhere near worth it though, I agree with you there. I just think some people underestimate how much STEM subjects actually use.

They have a masters and are a year or two in.

Believe me or don't, makes little difference to me, just trying to contribute some information to the thread.

So they aren't 'starting' on £100k