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Which graduates are most likely to make 50k+ in their careers? Watch

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    (Original post by miml)
    As someone from the midlands and living in London... 700k is chump change here, but my god is it worth being in the centre of the universe rather than some village in butt-**** nowhere.

    (Also 700k gets you a decent 5 bed in warwickshire, you need 1m+ to get a mansion around leamington/warwick and closer to 1.5m in stratford. not sure about the rest of the midlands, but I guess for 700k you'd get a whole building in a ****hole like coventry - this is all subjective as to what you think a mansion is obviously...)
    I Think i did over exaggerate a little , by 700 k im talking about a 8 bedroom house larger than your average
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    Guys what do you think is worth doing, cima or business management degree

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    (Original post by miml)
    As someone from the midlands and living in London... 700k is chump change here, but my god is it worth being in the centre of the universe rather than some village in butt-**** nowhere.

    (Also 700k gets you a decent 5 bed in warwickshire, you need 1m+ to get a mansion around leamington/warwick and closer to 1.5m in stratford. not sure about the rest of the midlands, but I guess for 700k you'd get a whole building in a ****hole like coventry - this is all subjective as to what you think a mansion is obviously...)
    Lmfao, 'decent 5 bed'
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    (Original post by replyaccount)
    As a graduate hiring manager now earning over 50k, I can tell you that ultimately depends more on the uni than the degree subject. A first from an old poly in any subject is never going to be worth as much as even a 2:2 from a Red brick/RG uni. Don't even try to kid yourselves.
    You're a troll

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    (Original post by Colmans)
    Yes it helps if you don't try & reply to these threads when you are working and end up taking off the 10k twice! My comparison should have been somebody with 40k (going to 30k taxable) v 100k.
    One should also remember that almost everybody earning over 50k will start with a student loan paying off at 9% whereas the majority of non graduates earn less than 40k.

    To be strictly honest I think you can get a negative tax rate if you have enough children but most don't.

    Having said that I don't agree with the concept that its not worth working hard and aiming for a well paid job. Most well paid jobs are intellectually interesting; you have to slog when you are young but when you are older you have more control and the freedom to do what you want whether buying your house or hobbies or holiday.
    40k Gross = 30154.72 Net = 24.61%
    100k Gross = 65141.72 Net = 34.86%

    You can add student loans if you want which will widen the gap slightly, as anything above a certain threshold will be taken off but it results in the same as I said before, the more you earn gross, the more you earn in net salary in your hand each month. There's no point really comparing it to someone else as there are too many variables concerned. Kids, tax credits, all kinds of benefits, then there's self employed vs. PAYE, student loans vs. no student loans.

    The only real way to avoid a lot of tax if you're a high earner is to be self employed. ****loads of tax loopholes. You might pay an accountant a good fee but it's cheaper than paying the taxman and more in your pocket at the end of the year.
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    (Original post by alevelzzz)
    They'll be around 35 years old at least by the time they're a consultant(FYI pay scale for NHS consultants is 75-100k and private work is limited by the amount of NHS work they do). A dentist could be 24 earning 60k, after 2 years they can do an implantology course which is a part time 3 year degree, after that they can pretty much do 100% private work 100K+ is easily attainable at this point without even owning your own practice.
    When you factor all things together (aka training time, working hours etc) dentistry is a lot more lucrative than medicine.
    You make it sound like its so easy for a dentist to be earning 100k. If becoming a private dentist was as easy as u say it was, all the dentists in the country would be doing 100% private work. The demand for private dentistry in the UK is incredibly small. Every post which opens up for a dentist to work in a private practise is met with fierce competition with the 60 other dentists in the area who want to go private. This is why the bulk of dentists do NHS work and supplement with private. Dentists aren't stupid to have the opportunity of going 100% private and yet choose to labour away in the NHS for less. You have to be VERY good to be able to convince private practises to let you join them which means having a proven track record over many years (prob age 37-45)

    The average income for dentist working 40 hours a week from NHS and private work is around 65k (full report source: http://www.hscic.gov.uk/catalogue/PUB11473)
    This is what MOST dentists will be earning and if there was worthwhile ways to be earning 100k then i assure you, every dentist would be doing it to earn the much. Going 100% private is possible, but dont expect to waltz ur way into fitting veneers for celebrities without atleast 18-20 years under ur belt

    And ur comment on doctors is also incomplete. GPs earn very similar if not more than many dentists. I know one GP who recently completed his training who locums 9-5 mon-friday in london and took home £130k last year (before tax) and he takes over a month off in holidays!
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    (Original post by Mariobros)
    You make it sound like its so easy for a dentist to be earning 100k. If becoming a private dentist was as easy as u say it was, all the dentists in the country would be doing 100% private work. The demand for private dentistry in the UK is incredibly small. Every post which opens up for a dentist to work in a private practise is met with fierce competition with the 60 other dentists in the area who want to go private. This is why the bulk of dentists do NHS work and supplement with private. Dentists aren't stupid to have the opportunity of going 100% private and yet choose to labour away in the NHS for less. You have to be VERY good to be able to convince private practises to let you join them which means having a proven track record over many years (prob age 37-45)

    The average income for dentist working 40 hours a week from NHS and private work is around 65k (full report source: http://www.hscic.gov.uk/catalogue/PUB11473)
    This is what MOST dentists will be earning and if there was worthwhile ways to be earning 100k then i assure you, every dentist would be doing it to earn the much. Going 100% private is possible, but dont expect to waltz ur way into fitting veneers for celebrities without atleast 18-20 years under ur belt

    And ur comment on doctors is also incomplete. GPs earn very similar if not more than many dentists. I know one GP who recently completed his training who locums 9-5 mon-friday in london and took home £130k last year (before tax) and he takes over a month off in holidays!
    Locums always earn more, thats not surprising.
    I've seen that document and theres nothing there saying 40 hours a week, it could include part time.
    Of course going private is difficult, it would require specialist training. Point is, 100k is perfectly attainable as a dentist if you are to do specialist training and or work hard.
    GPs also train longer than dentists and they do work longer hours.
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    Haha. No one mentioned the obvious: Politicians.

    Investment Banker/Engineer/Doctor= Slog for hours on end to make 50k a year

    Politicians= Pretend to do something on TV for 10 mins to make 66k a year.(74k a year after april 2015)

    http://en.wikipedia.org/wiki/Salarie...dom_Parliament

    Where else can you get paid to screw up the lives of others??
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    (Original post by 1drowssap)
    Haha. No one mentioned the obvious: Politicians.

    Investment Banker/Engineer/Doctor= Slog for hours on end to make 50k a year

    Politicians= Pretend to do something on TV for 10 mins to make 66k a year.(74k a year after april 2015)

    http://en.wikipedia.org/wiki/Salarie...dom_Parliament

    Where else can you get paid to screw up the lives of others??
    Politicians work a lot of hours too, whether the amount of work they do correlates to anything being achieved is a different matter.


    You cant catagorise investment bankers with engineers or doctors in terms of salary
    1) investment banker
    2) Dentist/Doctor
    3) Engineer(they really dont make much)
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    (Original post by 1drowssap)
    Haha. No one mentioned the obvious: Politicians.

    Investment Banker/Engineer/Doctor= Slog for hours on end to make 50k a year

    Politicians= Pretend to do something on TV for 10 mins to make 66k a year.(74k a year after april 2015)

    http://en.wikipedia.org/wiki/Salarie...dom_Parliament

    Where else can you get paid to screw up the lives of others??
    There's a difference between being a politician and being an MP.. The latter is much harder to become. Also if you're implying that studying politics is the best way to break 50k you couldn't be more wrong


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    (Original post by ElChapo)
    There's a difference between being a politician and being an MP.. The latter is much harder to become. Also if you're implying that studying politics is the best way to break 50k you couldn't be more wrong


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    For the sake of argument, I'm talking about anyone who holds political appointments(MP,MEP,MSP etc).

    Also studying a degree in politicsbeing a politician(most politicians study things unrelated to politics in uni).
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    (Original post by 1drowssap)
    For the sake of argument, I'm talking about anyone who holds political appointments(MP,MEP,MSP etc).

    Also studying a degree in politicsbeing a politician(most politicians study things unrelated to politics in uni).
    Yeah but those are such hard positions to get into, you might as well have come to this thread and said if you want to make over 50k then just become the ceo of a ftse 100 company.

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    (Original post by ElChapo)
    Yeah but those are such hard positions to get into, you shouldve come to this thread and said if you want to make over 50k then just become the ceo of a ftse 100 company.

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    You're seriously comparing the two?
    First of all, CEO is a title, not a job. A politician does a specific job('serve' the constituency).
    I'm pretty sure being CEO of an FTSE 100 company is harder. To become a person with a political appointment, you need to be able to sweet talk. If you have the gift of the gab, I'm sure becoming an MP wouldn't be anywhere near as hard as being a CEO of an FTSE 100 company.
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    (Original post by 1drowssap)
    You're seriously comparing the two?
    First of all, CEO is a title, not a job. A politician does a specific job('serve' the constituency).
    I'm pretty sure being CEO of an FTSE 100 company is harder. To become a person with a political appointment, you need to be able to sweet talk. If you have the gift of the gab, I'm sure becoming an MP wouldn't be anywhere near as hard as being a CEO of an FTSE 100 company.
    CEO is a pretty specific job...

    Similarly an MP is a title.
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    (Original post by 1drowssap)
    You're seriously comparing the two?
    First of all, CEO is a title, not a job. A politician does a specific job('serve' the constituency).
    I'm pretty sure being CEO of an FTSE 100 company is harder. To become a person with a political appointment, you need to be able to sweet talk. If you have the gift of the gab, I'm sure becoming an MP wouldn't be anywhere near as hard as being a CEO of an FTSE 100 company.
    I was ridiculing how ridiculous I found your suggestion to become an MP because you made it sound so easy

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    I got a 2:2 in film and tv studies from Brunel.

    What do you think I can earn realistically, seeing as I have had no work experience yet since graduating 4 years ago?
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    (Original post by Quady)
    CEO is a pretty specific job...

    Similarly an MP is a title.
    Both statements are technically true.
    MP is a title(or MEP), just like 'Sir' or 'Baron'.

    Politicians(anyone holding political office, not just MPs) speak on behalf of the people. Their purpose is to try and fulfill the interests of the public.

    All CEOs share one thing in common, they are the leaders of the companies(which is specific in a sense). Put it this way, CEOs of financial firms do things that CEOs of engineering firms may not.
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    (Original post by Isambard Kingdom Brunel)
    I got a 2:2 in film and tv studies from Brunel.

    What do you think I can earn realistically, seeing as I have had no work experience yet since graduating 4 years ago?
    With that degree and a 4 year work gap, I would think your best bet would be to do what someone leaving education at 16 years old would do, full time retail work or something? I really don't know what you've been doing for four years lol

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    (Original post by ElChapo)
    I was ridiculing how ridiculous I found your suggestion to become an MP because you made it sound so easy

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    I never said that everyone could become one. I said that the job they do is somewhat lax for the amount they are getting.
    Are you trying to say that CEOs are easier to become? Ok then, whatever floats your boat.
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    (Original post by 1drowssap)
    Both statements are technically true.
    MP is a title(or MEP), just like 'Sir' or 'Baron'.

    Politicians(anyone holding political office, not just MPs) speak on behalf of the people. Their purpose is to try and fulfill the interests of the public.

    All CEOs share one thing in common, they are the leaders of the companies(which is specific in a sense). Put it this way, CEOs of financial firms do things that CEOs of engineering firms may not.
    True.

    And MPs in central London do things MPs in rural Wales do not.
 
 
 
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