As final year students get ready to enter the working world, Fresh Student Living has compared the difference in salaries across various industries in the UK to reveal the most valuable degrees.
Here's the earning potential of students with the following degrees...
Art
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Banking and Accounting
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Business, Marketing and Management
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Computer Science
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Education
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Engineering
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Humanities
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Law
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Life Sciences
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Medicine
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And the most in-demand jobs for graduates currently are...
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What do you think of these results? Did you expect to earn more/less than predicted?
As final year students get ready to enter the working world, Fresh Student Living has compared the difference in salaries across various industries in the UK to reveal the most valuable degrees.
Here's the earning potential of students with the following degrees...
Art
Spoiler
Banking and Accounting
Spoiler
Business, Marketing and Management
Spoiler
Computer Science
Spoiler
Education
Spoiler
Engineering
Spoiler
Humanities
Spoiler
Law
Spoiler
Life Sciences
Spoiler
Medicine
Spoiler
And the most in-demand jobs for graduates currently are...
Spoiler
What do you think of these results? Did you expect to earn more/less than predicted?
Mine isn't here. But I know roughly what I could earn after graduation if I manage to get employed.
It doesn't really matter to me, I plan to live off my investments either way. Hopefully in 20 years I can be earning more from my investments than my job income. I have £50,000 in the market and I don't plan to stop. I will be happy if I can hit £70,000 in the market by the end of the year.
Racist. All jobs should pay equal. Arts graduates should earn as much as engineers, engineers should earn as much as doctors, doctors should earn as much as premier league footballers, and premier league footballers should earn as much as hedge-fund managers.
As final year students get ready to enter the working world, Fresh Student Living has compared the difference in salaries across various industries in the UK to reveal the most valuable degrees.
What do you think of these results? Did you expect to earn more/less than predicted?
So looking at the list of "in demand jobs" it's clear the majority of them are tech roles.
What is worrying as a tech professional is that there seems to be less people doing ICT/Computer Science at GCSE/A-Level and anecdotally I've heard of clusters of universities having reduced applicants for CS degrees. That's a worrying trend, because if we're already facing shortages and there's a drop off in CS grads coming through then things are only going to get more difficult for CS grads in some ways. I mean, of course it will be easier to land a job, but more work will be piled on grad positions to make up for the overall shortages in tech.
When you factor in that 1 out of every 5 men will leave tech after 10 years in the industry, that 2 out of every 5 women will leave tech after 10 years and Computer Science degrees have the highest drop out rates for any degree in the UK... it's pretty bleak.
Racist. All jobs should pay equal. Arts graduates should earn as much as engineers, engineers should earn as much as doctors, doctors should earn as much as premier league footballers, and premier league footballers should earn as much as hedge-fund managers.
That would definitely work.
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different jobs provide different levels of value to the economic system and different professions have different economic dynamics (largely, supply vs demand).
There are very few premier league footballers that provide large amounts of value to the people willing to pay for their tickets, merch, advertising etc. I'm sure if we made education a spectator event with national leagues of school teams all competing for their fans support then teachers would probably get paid the same as coaches.
different jobs provide different levels of value to the economic system and different professions have different economic dynamics (largely, supply vs demand).
There are very few premier league footballers that provide large amounts of value to the people willing to pay for their tickets, merch, advertising etc. I'm sure if we made education a spectator event with national leagues of school teams all competing for their fans support then teachers would probably get paid the same as coaches.
In a free market people can demand what people are willing to pay. Footballers get paid so much because there is a huge demand to watch football games in the world. If you don't pay footballer X his going rate of £70,000 a month, he will go to another country which does. I know the pay is insane, but it is what it is. What we should be focusing on is improving productivity in the UK to increase the GDP per person.
Degrees outside of explicitly 1-to-1 career mapped ones don't really lead on to any sort of specific career with any accuracy.
Maths, history, engineering grads could be doing anything from law, to I-banking, to general management, to software engineering it's more about your general aptitude (for generalist career paths like law or banking) or specific skills (for specialist career paths like software or design).
Even within specific roles pay fluctuates depending on the relative "prestige" or profitability of a company/industry (e.g public sector v private, top firms vs lesser known firms..) and the labour market of the location one is in. Not to mention differences in expected work/life balances. So all-in, these figures are kind of just pie in the sky (bar the public sector defined ones).
isnt this method a bit flawed? for certain degrees and career paths it really matters which university you go to and what grade you got, whilst for other degrees and career paths it does not make much difference.