Student and Graduate Publishing

REVEALED: The degrees which will earn you the highest and lowest salary

Tuesday, 31 July 2018 11:10

- New data has revealed the degree course which will earn graduates the highest and lowest salaries five years after graduating.
- Those with degrees in medicine and dentistry can expect to earn the highest of any degree, with a median salary of £47,300.
- Creative arts and design degrees earn the lowest, with an average salary of £20,200 after five years.
 
New statistics have revealed which degrees earn the highest - and lowest - salaries five years after graduating, with a staggering difference of £27,100 between the highest and lowest earning degrees.
 
The data, analysed by Propillo as part of its graduate affordability study, has revealed that those with degrees in medicine and dentistry can expect to earn an average salary of £47,300 five years after graduating - the highest salary of any degree.
 
On the opposite end of the salary spectrum, those with a degree in creative arts and design will earn the lowest salary after graduating, earning just £20,200 after five years.
 
The second highest earning degree is Economics, with a median salary of £37,900 five years after graduating.
 
With the average UK salary of £27,600, there are plenty of degrees which will leave graduates earning well below the UK average, even five years after leaving university. Out of 20 popular degrees analysed, a third (60%) of those result in salaries BELOW the UK average.
 
The top five lowest earning degrees after five years are:
 
Degree                                                            Average salary five years after graduating
Creative arts and design                                     £20,200
Agriculture and related                                       £20,500
Psychology                                                        £22,600
Mass communication and documentation              £22,800
Education                                                          £23,700

The top five highest earning degrees after five years are:
 
Degree                                                               Average salary five years after graduating
Medicine and dentistry                                       £47,300
Economics                                                        £37,900
Veterinary science                                             £34,900
Mathematical sciences                                       £33,100
Engineering and technology                               £32,600
The data also revealed that the UK has some of the lowest post-graduate earnings, with an average salary of £27,840 across all 20 degrees, compared to £28,575 in Europe and £28,085 overseas.
 
The full list of degrees and salaries are:
 
Degree                                                               Average salary five years after graduating
Medicine and dentistry                                       £47,300
Economics                                                        £37,900
Veterinary science                                             £34,900
Mathematical sciences                                       £33,100
Engineering and technology                               £32,600
Nursing                                                           £28,500
Computer science                                             £27,800
Languages (including English studies)                 £27,400
Physical sciences                                              £27,100
Business and administration studies                    £26,800
Historical & philosophical studies                        £25,400
Law                                                                £25,200
Biological, studies                                            £24,500
Social sciences (excluding economics)                £24,500
English studies                                                £24,000
Education                                                       £23,700
Mass communication and documentation           £22,800
Psychology                                                     £22,600
Agriculture and related                                    £20,500
Creative arts and design                                  £20,200
 
To view the full study, please visit https://www.propillo.com/news/graduate-affordability