Currently, Investment Banking & Law are the highest paying sectors, closely followed by Banking & Finance, and Oil & Energy. The lowest paying sector is the Public Sector (Government roles etc).
The good news is that, overall, the average starting salary for a graduate is now £26,000 – 2% higher than last year. Hope that helps!
Currently, Investment Banking & Law are the highest paying sectors, closely followed by Banking & Finance, and Oil & Energy. The lowest paying sector is the Public Sector (Government roles etc).
The good news is that, overall, the average starting salary for a graduate is now £26,000 – 2% higher than last year. Hope that helps!
Chantelle & The Milkround team
Investment banking and law are famously competitive too youve gotta remember, if you didnt go oxbridge or UCL/LSE/Imperial your chances for getting that wage are a lot lower.
Best paying job on average? Id guess CEO would be at the top then
People who only study certain subjects (Medicine, Dentistry etc) because of the salary and NOT because of whether or not they would enjoy the career really need a kick in the face.
What are the highest paid jobs in the uk outside the entertainment business
IBD/S&T/Research - £50k base + £10-30k bonus + £3-5k signing as a grad - so ~£63-85k all together. MDs (like 10-12 years down the line) regularly pull in £800k-£3mil all in)
Top tier strat consulting - £35-45k base + £5-10k bonus as a grad (Partners 10-11 years down the line can pull in £700k-£1.5mil.
Software Engineering/Product Management at a top tech firm/startup - £50-60k base + £20-130k stock + £10-20k bonus as a grad (top engineers/execs can pull in high 6 figures to 7 figures). More standard companies pay in the £25-35k range for grads.
Oil and Gas - £33-38k base salary as a grad
Corporate Law at a Magic Circle/US firm - £39-48k base salary as a grad (newly qualifieds at US firms can earn like £95-100k after the two year training contract, average partner income at some of these places is >£1mil a year)
Private Equity - all-in comp for someone hired out of IBD is like ~£150-220k (i.e. a grad with 2-3 years experience). Partners can make several million pounds due to the carried interest on their investments.
Hedge Fund Analyst/Portfolio Manager - sky is the limit here.
Investment banking and law are famously competitive too youve gotta remember, if you didnt go oxbridge or UCL/LSE/Imperial your chances for getting that wage are a lot lower.
Best paying job on average? Id guess CEO would be at the top then
True, but there are some decent unis that place well outside of that group - not to mention you forgot Warwick which is a main feeder - including: Bristol, Durham, Nottingham, Bath, KCL.