I recently wrote a feature for Lovin Manchester which made me feel a little ‘meh’ about my life. OK, slight exaggeration, but you’ll get where I’m coming from.
Most of you who have lived through studentship will have possibly paid around £9,000 a year for the experience. I mean qualification. Or the experience and the qualification together. That’s more like it, right?
Whether you spent that time doing late nights in the library, or even later nights in the students union, that’s none of my business. But either way, you’d expect that sooner rather than later, you’ll pay off what you owe with a big fat salary. Or so you hope…
It appears that’s not always going to be the case. Because sadly, it seems to depend on what you actually study at university in regards to how successful you’ll be in later life.
It’s probably not advised to choose a degree subject based on how much you’re likely to earn from it. After all, most of us spend 3-4 years at uni. But, according to salary rankings research, these are the subjects most likely to see you ballin’ later down the line.
Top 14 degree subjects by average salary, five years after graduating:
1. Economics – £45,000
2. Law – £42,000
3. Maths/Statistics – £39,000
4. Chemistry/Natural Sciences – £38,000
5. Accounting/Business/Finance – £37,000
6. Engineering – £37,000
7. Computer Sciences – £37,000
8. Physics/Life Sciences/Healthcare – £36,000
9. Management/Strategy – £36,000
10. History/Geography/Politics – £34,000
11. Modern Languages – £32,000
12. Philosophy – £32,000
13. English Literature – £31,000
14. Fine Arts/Design – £25,000
We’ve noticed the majority of the above have something in common: they come under the BSC category. The highest ranking arts subject is English literature at just £31,000, while fine art and design is only likely to land you £25,000.
Law seems to be one of the main ones for securing a successful, yet rewarding career. You can go on to further your career in the law industry, covering a multitude of areas. There is family law, personal injury, crime and corporate, just to name a few.
To me, if I could do it all over again and throw the towel in for my Marketing and Journalism degree, I’d look at criminal law. It much be so exciting and also pretty thrilling being part of that side of things. There are so many professional law firms, like Prime Lawyers, that cover everything to do with this subject and expose you to so many important areas.
However, if you follow the numbers route and get stuck into accounting, business and finance, you’re likely to be earning a whopping £128,000. Which makes spending £27,000 on a student loan seem somewhat OK after all…