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What do you expect to earn right after you graduate? watch

  • View Poll Results: How much do you expect to earn straight after you graduate?
    £0-20000
    8
    7.27%
    £20000-25000
    27
    24.55%
    £25000-30000
    29
    26.36%
    £30000-35000
    15
    13.64%
    £35000-40000
    9
    8.18%
    £40000+
    22
    20.00%

    • Thread Starter
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    And in what job would this be in?
    I hope to pursue the investment banking or asset management paths. The starting salary for these roles tends to be £50k plus a bonus. However, I could also get an accounting graduate schemes position which pays £30k.

    (In the poll, if you think you will earn £25000 choose the £25000-30000 box
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    Law at somewhere like Dechert. Competitive but you gotta be in it to win it. I think it's 45 - 50k over the two years, then 100k if you qualify. Only fear is if you fail to qualify, that's two years wasted
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    Very Important Poster
    Already graduated and earning more than what I expected to earn. I'm a DevOps engineer, these things can go for quite a nice salary (over £80k), but I'm nowhere near to that at the moment.
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    Hoping to enter investment banking
    Would be £50k + £5k bonus + £5k sign on = £60k all-in
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    (Original post by Ladbants)
    Hoping to enter investment banking
    Would be £50k + £5k bonus + £5k sign on = £60k all-in
    What qualifications do you need to do that? Is that limited to economics and maths at uni?
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    (Original post by That'sGreat)
    What qualifications do you need to do that? Is that limited to economics and maths at uni?
    You can get into investment banking with any degree, but they prefer students from Oxbridge, LSE, UCL, Imperial and Warwick, as well as Bristol and Nottingham.
    But it's a really tough career to break into, the competition is really high. As well as this, the job involves working very long hours. The best thing about the job is not the pay but the experience you gain which allows you to enter lots of other exclusive top careers.
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    (Original post by Ladbants)
    You can get into investment banking with any degree, but they prefer students from Oxbridge, LSE, UCL, Imperial and Warwick, as well as Bristol and Nottingham.
    But it's a really tough career to break into, the competition is really high. As well as this, the job involves working very long hours. The best thing about the job is not the pay but the experience you gain which allows you to enter lots of other exclusive top careers.
    So say if I do History and Politcs at Cambrdige, would that put me at the same level as someone who does economics?
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    (Original post by That'sGreat)
    So say if I do History and Politcs at Cambrdige, would that put me at the same level as someone who does economics?
    Yes
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    Interesting that anything under £20k was bundled together in one option. Especially when a significant proportion of the graduating population will earn under £20k, and the average is only £23k.
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    Hopefully £40k+
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    The jobs I'm looking at pay around £35k for graduates
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    I want to go into investment banking. All-in compensation for a first year analyst tends to be ~£70k at the major IBs in London. That's still like minimum wage though, if you look at the hours they work. You learn a LOT of skills though and the exit opps are great. You can be on £250k by the time you're 30 if you network and play your cards right
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    Want to enter the actuarial field, in London that pays around £30k for first years
    But if I get into investment banking somehow it would be £75-80k total compensation for a first year analyst
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    LooooooooooooooooooL at expectations on this thread

    People in India are happy to be earning 1/10th of what you are salivating over
    I'd rather follow my passion than waste my life typing things on excel and drinking alcohol with clients to make money for a soulless corporation

    The reason why these employers pay these salaries is because they know that you will find no other satisfaction in the work you do except for the money you earn
    Follow your dreams, not the lifeless cash
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    Commercial Solicitor £40k first year. <£50k second year training. Then £80- 90k+ upon qualification. First year qualified salaries can go as high as £150k at a US in firm in London, but the hours are gruelling.
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    (Original post by That'sGreat)
    Law at somewhere like Dechert. Competitive but you gotta be in it to win it. I think it's 45 - 50k over the two years, then 100k if you qualify. Only fear is if you fail to qualify, that's two years wasted
    I'd assume not qualifying after those two years of training is pretty rare. Not getting an NQ position is another thing though.
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    (Original post by habeas.corpus)
    I'd assume not qualifying after those two years of training is pretty rare. Not getting an NQ position is another thing though.
    That might change with the new qualification system if plans currently at consultation stagego ahead.
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    (Original post by Ladbants)
    You can get into investment banking with any degree, but they prefer students from Oxbridge, LSE, UCL, Imperial and Warwick, as well as Bristol and Nottingham.
    But it's a really tough career to break into, the competition is really high. As well as this, the job involves working very long hours. The best thing about the job is not the pay but the experience you gain which allows you to enter lots of other exclusive top careers.
    The word 'exclusive' here is entirely redundant
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    (Original post by Axion)
    The word 'exclusive' here is entirely redundant
    What do you mean
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    (Original post by desaf1)
    Want to enter the actuarial field, in London that pays around £30k for first years
    But if I get into investment banking somehow it would be £75-80k total compensation for a first year analyst
    £80k no waaay
    That's for a second year or third year
 
 
 
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