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What is considered a good graduate salary? watch

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    (Original post by Cannon1)
    does salaries vary according to the uni that u graduated from ?
    Yeah OFC..
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    Well I'm getting paid 45k (~50k) with my engineering O&G job out of uni, so I imagine a decent salary would be something around there. It doesn't really matter, in three years with a completed grad scheme I'll do my MBA and go be a big shot somewhere.
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    (Original post by iainvg)
    The mean salary for a Software Engineer at Google in London is £61,210, those with little to no experience don't even earn remotely close to this.
    I would be surprised if good graduates aren't getting close to £50k (base) in London.

    Other monetary considerations ie. cash bonus, stock options are not to ever be considered as part of the salary, they are merely additional compensation.
    And they merely pay off the mortgage , although I do take the (implicit) point that options and bonus payments are not guaranteed.

    Large companies don't typically offer options anymore, but RSUs - effectively options with a zero exercise price. Their value is therefore more stable than stock options.
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    A salary which Is enough for me to go maccies and get myself the best meal on a regular/daily basis.
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    In London
    Less 26 is sub par
    26-31 good
    32-36 great
    36+ abnormal
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    (Original post by zooloowarrier)
    Well I'm getting paid 45k (~50k) with my engineering O&G job out of uni, so I imagine a decent salary would be something around there. It doesn't really matter, in three years with a completed grad scheme I'll do my MBA and go be a big shot somewhere.
    is that with just a BEng or did you do an MSc/masters?
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    (Original post by trapking)
    is that with just a BEng or did you do an MSc/masters?
    MEng, unfortunately MEng is required for O&G grad schemes, major pain in the ass I know..
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    (Original post by zooloowarrier)
    MEng, unfortunately MEng is required for O&G grad schemes, major pain in the ass I know..
    is this with a reputable company? Good thing I didn't do an MEng lol but i'm going to embark on an MSc both for interest sake and also just to satisfy CEng educational requirements.
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    (Original post by trapking)
    is this with a reputable company? Good thing I didn't do an MEng lol but i'm going to embark on an MSc both for interest sake and also just to satisfy CEng educational requirements.
    It's with either BP, Shell or Exxon, about as reputable as you can get!
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    (Original post by zooloowarrier)
    It's with either BP, Shell or Exxon, about as reputable as you can get!
    Not bad, doing well for yourself.

    I hope outside London though...allow them London prices :lol:
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    (Original post by trapking)
    Not bad, doing well for yourself.

    I hope outside London though...allow them London prices :lol:
    Can't say, that would give it all away haha. Why no MEng? You're not one of those msc comp sci heathens are you?
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    (Original post by zooloowarrier)
    Can't say, that would give it all away haha. Why no MEng? You're not one of those msc comp sci heathens are you?
    Hahaha no no..

    I wanted to specialise in subsea marine systems/offshore engineering. Did an internship in the States and some modules in my last year that sparked my interest in that sort of thing
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    (Original post by trapking)
    Hahaha no no..

    I wanted to specialise in subsea marine systems/offshore engineering. Did an internship in the States and some modules in my last year that sparked my interest in that sort of thing
    Ooh, very interesting! International internships are very impressive, you'll be ace
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    (Original post by zooloowarrier)
    MEng, unfortunately MEng is required for O&G grad schemes, major pain in the ass I know..
    On this side of the pond, nobody would let you run a reasonable sized project [$1 to $5 million] without a MSEE or MSCS and 8 to 10 yrs experience. Without the masters, i don't think that any amount of experience would do it. It didn't used to be that way. In 1963, i worked for a small engineering firm, and 2/3 of the engineers didn't have degrees. Our 'resident scientist' had a Masters, but nobody else did. But, that was then, this is now!! Cheers.
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    (Original post by zooloowarrier)
    Well I'm getting paid 45k (~50k) with my engineering O&G job out of uni, so I imagine a decent salary would be something around there. It doesn't really matter, in three years with a completed grad scheme I'll do my MBA and go be a big shot somewhere.
    A mate of mine's kid did a BSEE [Bachelor of Science Electrical engineering]. He decided he didn't want to be an engineer full time, so he went back to school and did a law degree [LLD]. That's a graduate degree here. Last i heard he was making about $245k annually. That was after about 5 years experience. I could live on that!!! He told me years later, at the 8 law firms he had worked for, he had only had a co-worker lawyer who had a 'hard science' degree twice. A M.D. and a law degree is also supposedly a 'clock stopper' when it comes to salary. Cheers.
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    (Original post by Rabbit2)
    A mate of mine's kid did a BSEE [Bachelor of Science Electrical engineering]. He decided he didn't want to be an engineer full time, so he went back to school and did a law degree [LLD]. That's a graduate degree here. Last i heard he was making about $245k annually. That was after about 5 years experience. I could live on that!!! He told me years later, at the 8 law firms he had worked for, he had only had a co-worker lawyer who had a 'hard science' degree twice. A M.D. and a law degree is also supposedly a 'clock stopper' when it comes to salary. Cheers.
    Whew..245k, that's an attractive number. Can't say law really interests me haha, would love to manage a business though.
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    (Original post by LewisL)
    I didn't go to uni (but have started doing a degree online) all of my mates have just graduated and are finding their first jobs right now. From what I can tell, and judging by what my company pays grads, £30K is a decent start.

    But then I'm earning over £50K right now without having a degree, despite being the same age.

    Technology is the future my friends.
    What is your job?
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    (Original post by moopmeen)
    What is your job?
    I'm a Platform Engineer. Managing/automating server infrastructure.
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    (Original post by Doonesbury)
    How does complementary medicine get on that... gah.

    Try this:

    Attachment 698348

    NB. *NOT* starting salaries.

    Edit: This data only shows PAYE earnings - so self-employed (e.g. creatives and artists) are largely ignored
    I realise this is slightly old, so apologies, but do you have any idea why Biology is that low? It's somewhat depressing to see...
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    (Original post by CastCuraga)
    I realise this is slightly old, so apologies, but do you have any idea why Biology is that low? It's somewhat depressing to see...
    It's mid ranking. There's not much difference between a wide range of subjects in the mid range .

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