Have you got a job out of University? If so what was the salary?

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Mohamed Idris
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Has anyone got a job after University? And if you have, what was the job and what range was your salary if you don’t mind disclosing the information with us, because I’m hearing things such as they average £30k and some financial jobs give up to £50k for graduates but then seeing jobs for graduates that give £22k?
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Emily_B
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Nurses, midwives, and allied health professionals have no option but to do a degree to work at that level (otherwise work as a support worker) and salary upon qualifying is 24k.
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Mohamed Idris
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£24k? Is that a lot of money for someone with a degree? after tax you'd take home and after paying rent you basically have little to last the month :/
Last edited by Mohamed Idris; 1 month ago
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Emily_B
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It's not classed as "a lot", but I definitely have more than "scraps" to live off each month. Add on antisocial hours pay, take off tax, pay my mortgage and bills, and even if I did that by myself I'd still comfortably be able to eat and have a life. My husband's on a similar pay and between us we've never missed a rent/mortgage payment, never missed paying a bill, never missed a meal, been able to afford having a life and always been able to afford a holiday - some of it is being sensible with money.
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Philosopher2020
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(Original post by Emily_B)
It's not classed as "a lot", but I definitely have more than "scraps" to live off each month. Add on antisocial hours pay, take off tax, pay my mortgage and bills, and even if I did that by myself I'd still comfortably be able to eat and have a life. My husband's on a similar pay and between us we've never missed a rent/mortgage payment, never missed paying a bill, never missed a meal, been able to afford having a life and always been able to afford a holiday - some of it is being sensible with money.
It helps if you have another employed person within the household to share the costs.
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Quady
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(Original post by Mohamed Idris)
£24k? Is that a lot of money for someone with a degree? after tax you'd take home and after paying rent you basically have scraps to last the month :/
Thats pretty much the median wage in the UK and for new grads.
https://www.hesa.ac.uk/news/18-06-20...hieved%2029%25.

Edit
Or at least it was pre pandemic...
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Mohamed Idris
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(Original post by Emily_B)
It's not classed as "a lot", but I definitely have more than "scraps" to live off each month. Add on antisocial hours pay, take off tax, pay my mortgage and bills, and even if I did that by myself I'd still comfortably be able to eat and have a life. My husband's on a similar pay and between us we've never missed a rent/mortgage payment, never missed paying a bill, never missed a meal, been able to afford having a life and always been able to afford a holiday - some of it is being sensible with money.
I’m really sorry I thought you were telling me how much they earn not how much you earn. It’s certainly a lot of money I just thought for a graduate it’s less as I always hear graduates earn a median of 30k. Is there any pay bonuses as I might do it for University? and what University course did you do?
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Admit-One
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My first salary out of uni (quite a few years back now) was circa £19k. Not living in London and didn't drive so fairly easy to live off that.

There seems to be some mad expectation that everyone will walk into some graduate role. Never been true.

Edit: It was an entry level position at HSBC in case anyone thinks finance is some golden goose of a career.
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Mohamed Idris
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(Original post by Quady)
Thats pretty much the median wage in the UK and for new grads.
https://www.hesa.ac.uk/news/18-06-20...hieved%2029%25.

Edit
Or at least it was pre pandemic...
Thanks alot! I guess I was just being crazy unrealistic, I always hear graduates earn on average £9k more and stuff like that
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tjames988
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It largely depends on what degree you do and what sector/ job you would want after university and what university you went to, some obviously pay more than others
https://www.graduate-jobs.com/gco/Bo...y-salaries.jsp
https://www.cityam.com/average-gradu...ubject-go-and/
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Mohamed Idris
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(Original post by Admit-One)
My first salary out of uni (quite a few years back now) was circa £19k. Not living in London and didn't drive so fairly easy to live off that.

There seems to be some mad expectation that everyone will walk into some graduate role. Never been true.

Edit: It was an entry level position at HSBC in case anyone thinks finance is some golden goose of a career.
Seriously? I’ve always wanted to study Finance next year as I heard you can earn like 30k as soon as you start. What’s the job role?
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mnot
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(Original post by Mohamed Idris)
Has anyone got a job after University? And if you have, what was the job and what range was your salary if you don’t mind disclosing the information with us, because I’m hearing things such as they average £30k and some financial jobs give up to £50k for graduates but then seeing jobs for graduates that give £22k?
I had a couple offers (from an engineering masters).
A financing tech job at £40K + bonus, an engineering grad scheme £28K and a funded PhD with a stipend.
I chose the PhD :laugh:
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Mohamed Idris
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(Original post by mnot)
I had a couple offers (from an engineering masters).
A financing tech job at £40K + bonus, an engineering grad scheme £28K and a funded PhD with a stipend.
I chose the PhD :laugh:
I guess it all comes down to preference
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Admit-One
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(Original post by Mohamed Idris)
Seriously? I’ve always wanted to study Finance next year as I heard you can earn like 30k as soon as you start. What’s the job role?
First role was just a data entry monkey, (job market very poor when I left and found myself in a similar position as other graduates), then an account services clerk, then various roles relating to new applications, data integrity and eventually credit underwriting. None well paid

Competition for £30k starting salaries will be very tough, esp. with COVID and Brexit.
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Mohamed Idris
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(Original post by Admit-One)
First role was just a data entry monkey, (job market very poor when I left and found myself in a similar position as other graduates), then an account services clerk, then various roles relating to new applications, data integrity and eventually credit underwriting. None well paid

Competition for £30k starting salaries will be very tough, esp. with COVID and Brexit.
I guess in the long run it helps, no one starts getting a good pay until they’re like 30 to be honest
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h3110
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Very few jobs pay £50k starting salary for fresh grads, but they do exist. These are jobs in front office high finance, strategy consulting at MBB firms, corporate law, and tech at FAANG companies. Extremely competitive even for people at target unis
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ecolier
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(Original post by Mohamed Idris)
Has anyone got a job after University?
I did.

The salary I earned* (for the subsequent few years can be found here): https://www.thestudentroom.co.uk/sho....php?t=6026828; under Do you get paid during training?

*P.S. this is the salary before on-call supplement, so assume the actual figure is about 20-30% higher.
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tjames988
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(Original post by Mohamed Idris)
Seriously? I’ve always wanted to study Finance next year as I heard you can earn like 30k as soon as you start. What’s the job role?
You certainly can, but not all finance roles pay £30k and they are highly competitive
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sanadtw3
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(Original post by Admit-One)
My first salary out of uni (quite a few years back now) was circa £19k. Not living in London and didn't drive so fairly easy to live off that.

There seems to be some mad expectation that everyone will walk into some graduate role. Never been true.

Edit: It was an entry level position at HSBC in case anyone thinks finance is some golden goose of a career.
must have been back office. Only client facing roles get paid the big bucks
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Mohamed Idris
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(Original post by tjames988)
You certainly can, but not all finance roles pay £30k and they are highly competitive
Thanks a lot
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