What degree pays most UK?

12 highest paying degrees in the UK 2022

If if everything were that straightforward...

There was once a time when obtaining a degree, any degree, meant that one would make a very good living. But things are different now. In the 1970s and 1980s, barely 10–20 percent of the population in the UK attended some kind of higher education institution. This number is getting much closer to 50 percent currently.

This implies that many recent graduates will face increased levels of competition for employment, flat or declining beginning earnings despite growing expenses of living, and eventually, greater levels of student debt for a longer period of time.

Having said that, this is not the case for all degrees. If you make the correct decision, you may get a career that pays well and allows you to perform something that you like from the minute you start being paid for it.


In this article, we will walk you through the 12 degrees that provide the greatest salaries in the United Kingdom.

Your graduate salary in perspective, including the average and the lowest pay in the UK

As a point of comparison, the National Minimum Wage in the United Kingdom is currently set at £8.91 per hour. The price is reduced to £6.56 for those aged 18 to 20 and rises to £8.36 for those aged 21 to 22.

If you are 21 or 22 years old and work 35 hours per week, then your yearly pay as a full-time employee would be £15,215. The annual compensation is reduced to a total of £14,008 after taxes are taken out.

In the year 2021, the annual median income in the UK is estimated to be £28,000.

But what about the occupations in the UK that provide the best starting salaries to new graduates? Although the statistics on this topic is inconsistent for a variety of reasons, the typical beginning wage in the UK is somewhere about $24,000. When broken down, it works out to just over £90 a day, just over £450 per week, and £2,000 per month. To begin, I won't say that it's terrible.

If you had taken out school loans, earning this much or more would be considered an excellent beginning income since it would enable you to meet your living expenses, have some fun in your spare time, and start paying off that bothersome debt.


The twelve degrees in the United Kingdom that result in the greatest beginning earnings.

We took a look at the most current data that was produced by The Complete University Guide and identified the degrees that provide the greatest average salaries in the United Kingdom.

Dentistry

Medicine

Medical Care for Animals

Economics

General Engineering

Mathematics

Studies in both Physics and Astronomy

The Study of Computers

The Business World and Administrative Matters

Architecture

Law

Politics


Continue reading to learn about our ranking of the finest and highest earning degrees that can be earned in the UK.


1. Dentistry

Average starting salary: £38,000

Studying for a degree in dentistry is a great option for those who want to quickly enter the workforce while also making significant reductions in their overall student loan burden. Are you able to see the irony in this? Okay, let's call it a night.

Although it is one of the degrees with the highest starting salaries in the UK, dentistry is not a particularly competitive field in terms of the employment market. Within the first six months after graduation, more than ninety percent of dental graduates in the UK find work in their field.

If you believe that this is the right direction for you to take, you should investigate the top dental schools in the United Kingdom.


2. Medicine

Average starting salary: £33,500

After graduation, medical school grads don't always walk away with astronomical salaries. For instance, the starting wage for a junior doctor is roughly 23,000 pounds, and it rises by 1,000 pounds each year.

However, as you begin to specialize in a particular field of medicine, such as cardiology or psychiatry, your chances of earning a high pay scale considerably improve to more than £30,000. This is because the field of medicine is very competitive.

And things are only going to get better from here on out. The National Statistics agency estimates that the annual salary of a typical UK-based medical practitioner is £69,463. That is more than twice as much as the typical pay in the UK, placing medicine at the very top of the list of degrees that result in the greatest salaries in that country.

If you feel that this is the path you are meant to take, investigate the best medical schools in the UK.


3. The Practice of Veterinary Medicine

Average starting salary: £35,330

To be successful in the field of veterinary medicine, you need to fit a certain profile: you need to have a strong love for animals and be willing to get your hands dirty on occasion.

The financial benefits come quickly as a result of the high-paying positions that are available in this industry. The average annual salary for newly graduated veterinarians is around £35,000, but with enough time and expertise in the field, you might make as much as £70,000.


4. Economics

Average starting salary: £29,700

Who would have believed that an interest in the creation and distribution of money would lead to actual financial success? A wonderful beginning income would be only a little bit more than £29,700 each year.

It shouldn't come as a surprise that graduates of economics programs have improved job chances over time. The typical pay after ten years of employment is roughly forty thousand pounds, whereas approximately ten percent of graduates earn more than a hundred thousand pounds after working for the same amount of time. Because of this, Economics is consistently ranked as one of the degrees that results in the greatest salaries in the UK.

Since graduates of economics programs have almost limitless career opportunities, there's no reason not to investigate the top 10 economics programs in the United Kingdom.


5. General Engineering

Average starting salary: £29,000

It's not hard to figure out; those with degrees in engineering tend to make a nice living. Earning a bachelor's degree in General Engineering results in a starting income that is, on average, £29,900. There are jobs available in this field that pay as much as $75,000 a year, but the average income for all positions in this field is roughly $47,000.

It is also a very well-liked education on a global scale; so, while you are searching, why not investigate some excellent engineering programs in Canada?

While we are here, let's have a look at some of the other subfields that fall under the umbrella of engineering: The beginning pay for a position in Aeronautical and Manufacturing Engineering is typically about £28,000. Chemical Engineering graduates have an average starting salary of £30,000. Degrees in Electrical and Electronic Engineering receive beginning incomes of an average of £29,000, while degrees in Civil Engineering bring starting salaries of an average of £27,700.

Want even more encouraging news? Because of the ever-increasing need for cutting-edge technology and updated infrastructure, engineering is poised to become one of the most lucrative fields of study in the United Kingdom (UK), and it will also continue to be in high demand.


6. Mathematical concepts

Average starting salary: £28,000

It only seems sense to have mathematics on our list, which, let's be honest, is preoccupied with numbers. A degree in mathematics may open doors to a wide variety of professional opportunities, including those in accounting, finance, investments, data science and analytics, and many other fields. Even though there are numerous high-paying degrees and specializations available in the field of mathematics in the UK, the beginning earnings for mathematics graduates might vary greatly depending on the field in which they choose to work. The typical beginning wage comes in at a respectable £28,000 per year.


7. The fields of Physics and Astronomy

Average starting salary: £28,000

They are getting an understanding of the inner workings of the cosmos, which is a difficult but rewarding topic of study that leads to some of the best-paying careers in the UK. It is typical for physicists and astrophysicists to see their incomes rise to between £35,000 and £45,000 during the first 10 years of working in their respective fields. After working there for twenty years, they will, of course, give you another raise; by this point, you will probably be making more than fifty thousand pounds a year.

If you want to pursue a career in academia, get a doctorate degree, and then engage in post-doctoral research, your beginning pay might range anywhere from £28,000 to £39,000. While this is going on, elite researchers and university teachers may make up to sixty thousand pounds a year.

With a degree in physics, you have access to a wide variety of career options; if you are interested in learning more, why don't you look into the occupations that pay the most?


8. The Field of Computer Science

Average starting salary: £27,000

In today's increasingly technical world, a list of high-paying degrees just cannot be complete without include computer science.

Computers are used in so many important ways on a daily basis and in every setting. Consequently, we need computer scientists in order to successfully manage, develop, and advance in this computer-driven environment. The remuneration is much more than average due to the very high level of demand.


9. Commercial and Administrative Activities

Average starting salary: £25,000

More money is often made by managers. If you acquire a master's degree in business administration or another postgraduate degree in business and administration, you can very much ensure that you will have a position that pays well once you graduate.

You could have some competition since there are a lot of students choosing business degrees these days; nevertheless, business graduates are required in every field, so you will have no trouble finding your dream position with a good salary in the United Kingdom.

Do not be concerned if you believe that this is where your future will lie; we have produced an excellent post on the best institutions in the United Kingdom to study MSc Business Analytics; thus, why not investigate your options?


10. The built environment

Average starting salary: £22,000

The field of architecture is one that has a never-ending scope and positions that pay quite well. Buildings and other types of overpasses were essential to our survival in the past, and they will continue to be so in the far future as well.

After becoming a specialized architect, you can anticipate earning a substantial salary regardless of whether you are on a construction site supervising the building process or in your 33rd-floor corner office planning the next skyscraper. This is true whether you are supervising the building process while you are on the job or while you are sitting in your office.


11. Law

Average starting salary: £20,217- £22,794

The nation's legal profession guarantees a starting salary of roughly 20,000 GBP (nearly $30,000 USD) for trainees and new graduates who begin their careers in various law firms throughout the country. Hello there, if London is where you start your professional career, then hola! You may earn up to around $22 000 in total compensation for your work.

If you get this degree and go on to work in a profession that is responsible for maintaining the law and order of the country, your name will be added to the list of those who have pursued degrees in the United Kingdom that are among the top paid degrees available.


12. Political Stuff

Average starting salary: £20,998- £52,499

Your professional presence in the sphere of politics will net you a substantial amount of money, and the ways in which you may earn it range from working as an assistant to a politician in the office at Downing Street to serving as a consultant for public affairs.

To maintain and advance in the field of politics, all you need is the mental capacity to devise plans and put those plans into action, along with some basic leadership qualities.


But what about compliance with the law? What about the books of account?

You may be surprised to see that none of these well-known fields appear on the list of degrees with the highest average salaries. Don't be alarmed; there hasn't been a typo.

It is possible for trainee solicitors and entry-level accountants to begin their careers with salaries as low as £21,000 on average.


Should I thus exclude the possibility of majoring in Accounting or Law?

Never in a million years. The beginning earnings may not be very high, but they are sufficient to allow one to have a reasonably comfortable life. And after a few years of working in one of these occupations, you will begin to see a significant increase in your salary.

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