This discussion is now closed.

Check out other Related discussions

Starting salary from each university?

I've seem a chart showing the employment rate of each uni on TSR but is there one that shows starting salary or anything related to that? I am looking at LSE, Manchester, Warwick.

Thanks

Reply 1

User129003

lol, i dont think it works like that

Reply 2

fscksleep

Chriz

I've seem a chart showing the employment rate of each uni on TSR but is there one that shows starting salary or anything related to that? I am looking at LSE, Manchester, Warwick.

Thanks

I would imagine that Imperial and Cambridge would have the highest starting salaries, because of their strength in the sciences.
Remember though, that starting salaries are unimportant.

What matters is what you are earning 5 to 10 years into your career.
In a lot of areas, you take a hit in the first few years for the sake of huge incomes in later years ( eg: the Bar, Medicine )

Reply 3

hobnob

Surely statistics like that (if they did exist) would be pretty much useless anyway? If graduates of University X have a high average starting salary because a lot of them study Subject Q, whose graduates tend to get paid very well, what use is it to you if you're doing Subject T? Besides, information about average salaries is useless without any information as to what jobs the people who get those salaries actually do. After all, it isn't as though, say, a Manchester graduate will get paid any more than, say, an LSE graduate for doing the same job, purely because of the university he attended.

Reply 4

Good bloke

fscksleep

I would imagine that Imperial and Cambridge would have the highest starting salaries, because of their strength in the sciences.

Why do you think that this translates into high starting salaries? Scientific jobs are notoriously underpaid.

Reply 5

Admonitor

Top for graduate salaries in full-time work(05/06)

1.London School of Economics and Political Science (£27,694)

2.Imperial College of Science, Technology & Medicine (£26,822)

3.St George's, University of London (£26,655)

4.Cranfield University (£26,132)

5.King's College London (£23,782)

6.University College London (£23,614)

7.The Royal Veterinary College (£23,544)

8.Queen Mary (£23,491)

9.City University (£23,117)

10.University of Cambridge (£22,910)

Source: The Times Online

Reply 6

sweet_fluffy_nuke

Good bloke

Why do you think that this translates into high starting salaries? Scientific jobs are notoriously underpaid.

It is true that a CEO is paid far better than a scientist.

However engineers and scientists have decent salaries in their initial years while humanities graduates have often have lousy pay in the initial years. However, this changes as the years go on, with the better humanities graduates moving to management jobs.

Reply 7

username36063

sweet_fluffy_nuke

yes on the whole, a CEO will get higher salary than a scientist. BUt againg this depends, if you are a CEO of a small company or charity, prob not, but if you are a chief scientist at glaxo you will be on loads (eg. Sir Richard Sykes 1.5million per year dividends alone...apparently)

Reply 8

username36063

Admonitor

notice that these top earners either are linked to finance (LSE, CIty and Cranfield) or have medical/dental/vet schools which will inflate the average.

also take in to account that graduates from universities quite often stay and work where they studied. so in the case of 8/10 of the above, that is LOndon....where you get a london weighting to your salary. Working in London on £23/24K, might be a higher salary, but you would have been better off maybe getting a job in Leeds after graduating there and earning £21K etc.

Reply 9

Donald Duck

Good bloke

Why do you think that this translates into high starting salaries? Scientific jobs are notoriously underpaid.

Because a lot of people taking scientific courses then go into finance, where good numerical skills is usually a must. And they get paid well. Another thing, as someone above said, is that the scientific jobs are very underpaid after 15 years on the job, the first 2 they pay very well.

Reply 10

suek

Not to mention the fact that studying medicine costs more too :smile:

Reply 11

Jxhn

Admonitor

wow oxford doesn't even make top 10, you might have thought it would sneak in.

Reply 12

Alexander

djjz13

wow oxford doesn't even make top 10, you might have thought it would sneak in.

Oxford is probably just below the top ten. The reason why Oxbridge does relatively poorly in terms of starting salary is that a lot of students are very academic but not particularly career/money-motivated, and hence end up in low-paid academic-related jobs - not because they necessarily couldn't get the high paid jobs.

Reply 13

Good bloke

Alexander

Which is one reason why this is such a pointless thread.

Reply 14

mercexe

Yeah, that top 10 is just an average. Since many Oxbridge people will continue on to further study or do research, it will bring down the average graduate starting salaries. In terms of earning potential Oxford and Cambridge would be up the top with LSE.

Reply 15

ChemistBoy

To be fair, those that stay on to do further study are generally not included in such statistics because they are not employed. However, given that subject of study induces much larger differences in initial income than institution of study it is still rather pointless.