The Student Room Group

Eventual salaries?

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(edited 6 years ago)

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Reply 1
Rob a bank every year and only take £70,000.
A science degree and then work your way up in managerial roles in the private sector?
Original post by David B
Rob a bank every year and only take £70,000.


Bank robberies on average get 10,000 js

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Your not thinking realistically... Most people have worked for their entire lives and now earn around 30-50k+.... If you really want to reach the 70k+ limits. It's not about Unis, its about you. Unis help in terms of getting to the desired job e.g having a degree at Oxford may be valued more by some companies as an example. But to really reach the top, you'll have to be smart and you'll have to impress your boss. Remember everyones greedy; no-one wants to give you money, and thus you'll have to fight for it.
Original post by Wisefire
Yeah, well, in terms of talking, and expressing myself about such things as pay rise, I'm pretty confident I can articulate myself well. In general, at a job, I truly feel my output would be likely to at the very least be higher than average. The thing is, there are many postings online for jobs in financial services (not banking), and sales jobs with OTE's of around £70k, for example, that all require experience mainly. Now, if these are available, I just wonder what makes such jobs seem so distant, or what really does make them distant? Surely it's got to be university and years of experience, and that's it. And, if it is experience that one does have (as the above poster said), and you express yourself quite finely at an interview, what the hell is it that limits one from these jobs...? University...?


They seem distant because (presumably) you're not even at university yet. Plus, in this economy, there's a ridiculous amount of competition for any job, never mind the high-flying ones. I think you're worrying a bit too much about your earning potential, at least at this stage. I'm not saying don't think about future careers, but make sure you concentrate on your A-levels to give yourself the best possible chance to get into the university you want. There's nothing wrong with doing a maths degree - they can have quite a lucrative payoff if you work for it.
As other posters have mentioned, a large salary isn't the be and end all. There are many other things to take into consideration including workplace environment, development & training opportunities and interest/passion for your field. In many cases the higher the salary the more likely it is that you will need to make some kind of trade-off.

Nevertheless, I would suggest that passion in your field will take you far - and that includes commanding a high salary. Don't just go for whatever you think will earn the most in the quickest time frame, that way leads to burn out.
Reply 7
Applied Maths degrees I would imagine would make you extremely employable - anything that shows application to the real world.

Financial maths or maths with finance/economics etc.

I personally did maths with business/finance which I think helped me greatly to enter the finance industry.

It's broad, transferable (everyone can use a problem solver) and is a good indicator that you're smart, as you can't really bluff the degree.


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(edited 9 years ago)
computer science degree with maths is what you should aim for...
Original post by Wisefire
Yeah, well, in terms of talking, and expressing myself about such things as pay rise, I'm pretty confident I can articulate myself well. In general, at a job, I truly feel my output would be likely to at the very least be higher than average. The thing is, there are many postings online for jobs in financial services (not banking), and sales jobs with OTE's of around £70k, for example, that all require experience mainly. Now, if these are available, I just wonder what makes such jobs seem so distant, or what really does make them distant? Surely it's got to be university and years of experience, and that's it. And, if it is experience that one does have (as the above poster said), and you express yourself quite finely at an interview, what the hell is it that limits one from these jobs...? University...?


Once you get to that kind of salary you probably won't be looking for jobs on Google, but being headhunted instead.

Also the thing with work is they pick people who will products 'higher than average' outputs, so you could think you're really good but the people you are working with will be just as good. For your first few years you should be picking jobs with potential, not with high salaries.
Reply 10
Original post by Wisefire
Yeah, well, in terms of talking, and expressing myself about such things as pay rise, I'm pretty confident I can articulate myself well. In general, at a job, I truly feel my output would be likely to at the very least be higher than average. The thing is, there are many postings online for jobs in financial services (not banking), and sales jobs with OTE's of around £70k, for example, that all require experience mainly. Now, if these are available, I just wonder what makes such jobs seem so distant, or what really does make them distant? Surely it's got to be university and years of experience, and that's it. And, if it is experience that one does have (as the above poster said), and you express yourself quite finely at an interview, what the hell is it that limits one from these jobs...? University...?


It sure would need to be higher than average to get into the top 5% of UK earners...

Not university, its as someone above said, quality. Nobody gives much of a hoot about uni five years after graduation, let alone ten which is more likely needed for a £70k role.

Its about your achievements after uni. You're limited by luck, being in the right place at the right time, both to get the examples of your experience and also that others haven't done more impressive things.

OTE = Over Target Earnings, targets don't tend to be set low. To actually get that wage you need to outperform the expectations of a high salary role.
Original post by Wisefire
Could we have a discussion about what one has to do/what careers one should go into, to be able to eventually gain jobs that pay £70k+ pa? I see so many finance, managerial and sales jobs postings on the Internet, and all require 'experience' etc... I'm just saying, if I earned £70k a year, I would be able to save ~£2000+ a month, albeit pressuring myself. That, for me, would make me extremely happy. So, basically, how long/what careers/what should I do, to be able to gain such jobs? Are economics, finance, business or maths degrees good enough, from Russell Group unis?


I earn 5 grand a day, and i have a hublot.

Uncle Akky though innit
Original post by Wisefire
Contacts are cool. Hey, lemme be open now... Gimme his number, just PM it, I oh, so dearly implore you to... Anything that would give me an edge; I'm that much of a gold-digger :colone:


you aren't on Unle Akkys level, he has a hand made watch, made by a guy with no hands.

He also has a taxi firm, where all the cabbies are qualified pilots.

And a law firm, where all the lawyers have chemistry degrees.
Original post by Wisefire
Thanks for the reply. Ha ha, I was wording myself a tad too modestly if I'm honest (about my "output"). Yeah, I knew what OTE meant course; and true, I presume the 'target' earnings are pretty much so high it's very unlikely most would reach its full extent/go all the way up to whatever it is, such as £70k, if it is that. The competitors around me in any given year of job applications may be more/less competitive than whatever it tends to usually be too, relating to 'luck' I suppose.

It's just that there are genuinely a huge number of middle-class households in London/just around me, in my own small bubble of a world, for example, where the top earning professional in it easily earns £80k+. I'm very surprised by just how middle class some people around me truly are; and all because they 'went to a university' and worked and got experience... Most didn't even go to top Russell Groups, and have a family income total of £160k+ a year, basically (I know this to objectively be the case, by the way). Hell, I'm just pressuring myself to do well next year in retakes and A2s and reapply to top universities the following year for an economics/maths/finance/statistics course... Yet, I still see and envisage this ****ty career in the back of my mind, with this glum, post-university picture, whereby I'm earning £25-35k and am staying roughly there; and that's if I get a job at all... The fact that those sort of incomes seem to last for a good 3 years before anything even remotely better comes into sight, as far as some people/stories have hinted to me... I've got this idea in my head that there really are so many other people barely ever going beyond £40k by the time they are 40 years old, and I just wonder if that'll be the case even if I went to a good Russell Group university (e.g. KCL) for a good course (e.g. economics & management, or maths)... Makes me want to vomit and truly just die, if my prospects could turn out to not be too far off this, especially after seeing all the 'success' and general affluence I have seen around me... I'm being quite upfront, frank and a bit too 'pathetic'/childish/incompetent in this reply of mine; I appreciate that. But, yes, I am exaggerating a possible situation, to get as a conservative an answer as possible lol.

20 years of work, for £10-15k more? **** that. I'm just trying to get a better understanding of eventual salaries; hence making this thread lol... I truly am naive about a lot of it, and it terrifies me, if I don't succeed before I'm too old for my own standards... Any more replies, people? Thanks.

You are a bit too obsessed with earning unrealistic amounts of money. That itself can be a career killer. People want someone that is the best at what they do. As rule of thumb, the best are those who enjoy what they do. Money (especially after 30K) is not everything.
Reply 14
Original post by Juichiro
You are a bit too obsessed with earning unrealistic amounts of money. That itself can be a career killer. People want someone that is the best at what they do. As rule of thumb, the best are those who enjoy what they do. Money (especially after 30K) is not everything.


Life on £30k isn't so amazing unless you're duel earning.

Its not so unrealistic.
Original post by Quady
Life on £30k isn't so amazing unless you're duel earning.

Its not so unrealistic.


Well, let us change it to any amount between 30k and 40k. 70K is unrealistic for your average Joe.
Reply 16
Original post by Juichiro
Well, let us change it to any amount between 30k and 40k. 70K is unrealistic for your average Joe.


Average Joe hasn't been to a Russell Group nor live in the south east.

With those factors by age 55 its not all that unrealistic for someone who got a reasonable grad job at age 22 who maintains their interest in maximising their earnings. (is it?)
Reply 17


Don't get me wrong.

Its not probable.

And the fact you're doing retakes at this stage of the game shouldn't fill you at confidence.
Original post by Wisefire
Ah, **** all this uncertainty. From ASAP tomorrow, I'm just going to start A2 and the rest of AS maths. Make sure I get my maths perfected before the start of next year, and then on to AS retakes/A2 revision immediately really. See what happens on results day 2015, hopefully get A*AA, see if adjustment works to get to a top 10 Russell Group, if not it would be wiser to just reapply the year after. Top uni for a pretty decent course, hopefully I'll be able to change things and realise what I've nagged on about, that is incredibly common for so many people out there... And yes, I've got to become the 'best'/most specialised in whatever it is I do.

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You need to move away from "I need to be the best / most specialised", it is incredibly unhealthy and will only lead to disappointment. I used to have that attitude when I was younger, and academically I was the best of the people I knew, but then as I got up to GCSE / A-level and I met more and more people I realised that this position was untenable. It made me miserable for a while but then I made peace with the fact that there would always be someone better than me at any given thing, but that you can still do very well out of being good but not "the best".

In fact even if you achieve A*AA you probably won't be the best in your school, then you get to uni and suddenly you are middle of the pack. That is VERY unsettling for a great number of people who are used to coming at or near the top academically.
Original post by Hedgeman49


... that you can still do very well out of being good but not "the best".

In fact even if you achieve A*AA you probably won't be the best in your school, then you get to uni and suddenly you are middle of the pack. That is VERY unsettling for a great number of people who are used to coming at or near the top academically.


And then you start at the bottom of the ladder when you find work, and all previous efforts were just to get there.

It's a never ending trail of hoop jumping. Just remember that the only person you should compare yourself to is yourself, otherwise it gets very depressing and demotivating very quickly.



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