- Highest Paying Degrees UK
- Best and Highest Paying Degrees in UK 2023
If you’re looking to get into the most lucrative fields of study, look no further than our list of highest paying degrees in the UK. These are the high-paying degrees that will help set you up for life financially and academically.
Law is a popular degree and offers high salaries. A law degree ranks as the highest paying degree UK, with an average starting salary of £39,000 per year. In addition, many candidates also receive additional benefits such as pension contributions and employer contributions towards childcare costs.
Law degrees are ranked as the highest paying degrees in the world—even higher than medicine or engineering at some institutions—and they are among those that offer good job prospects after graduation.
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2. Accounting and Finance
Accounting and finance are popular degrees, with graduates expected to earn an average of £47,000 per year. The highest paying jobs are in investment banking, where you can expect to start at around £35k and move onto more senior roles as you gain experience.
The typical beginning wage for an accountant is £35K, but this can increase significantly if you’re looking at becoming a director or partner in your firm. For example, one accountant who started out working full time earned £65K by the time they were 31 years old!
Also check: Benefits of study abroad
Medicine is the highest earning degree in the UK, and for a good reason. The profession requires a lot of studying and dedication, but it can also be very rewarding if you choose to specialize in a particular area.
A medicine degree takes seven years to complete and offers numerous career opportunities after graduation—from writing prescriptions to treating patients in hospitals or private practices. You might want to consider becoming an ophthalmologist, cardiologist, or neurologist if your interests lie within these fields!
The social science of economics examines the production, distribution, and consumption of goods and services. It’s an umbrella term for much of what we consider “economic theory” today, including microeconomics (the study of individual decision-making), macroeconomics (the analysis of national economies), political economy, and public choice theory.
While economics is usually thought to be about money or material wealth, it has also long been associated with other concerns such as poverty reduction through social welfare policies as well as environmental sustainability in terms of resource management practices globally; both issues which are relevant today given our growing population on this planet—and their impact on future generations who will inherit this mess.
5. Mathematics and Computer Science
Based on the most recent information from UK Finance, computer science is the highest paying degree UK. A programmer or software engineer position can earn you around £65k ($91k) per year, while entry-level jobs in this area tend to pay less than £30k ($41k).
A bachelor’s degree in computer science typically takes three years of full-time study and is offered by over 90 universities across England, Scotland, and Wales.
You’ll also need to meet certain requirements before applying—for example, if you’re an international student, then you ought to have finished your first year of college before applying; likewise, if you already have a degree, then it will help your case if it’s from an accredited institution such as Oxford or Cambridge University College (which offers dozens of master’s degrees).
6. Veterinary Medicine
A special type of person who is really passionate about animals and doesn’t mind occasionally getting a little messy is required to study veterinary medicine.
Because there are many high-paying jobs in this field, the financial benefits come quickly. Newly qualified veterinarians typically make around £35,000, but with time and expertise in the field, you might make up to £70,000.
People with engineering degrees make a good living, that much is clear. The average starting pay for someone with a degree in general engineering is £29,900. The average wage for this field is roughly £47,000, but some positions pay up to £75,000 per year.
Considering how well-liked it is both domestically and abroad, why not look into top engineering programmes in Canada while you’re searching?
While we’re here, let’s examine some of the other engineering specialties: Aeronautical & Manufacturing Engineering entry-level salaries typically start at £28,000.
Graduates of chemical engineering make £30.000. Starting earnings for Electrical & Electronic Engineering degrees are typically £29,000, while starting salaries for Civil Engineering are typically £27,700. People with engineering degrees make a good living, that much is clear.
One of the highest paying degrees with the highest salaries in the UK is dentistry. In the UK, more than 90% of recent dental graduates secure jobs within six months of graduation. A newly licenced dentist who chooses to work for the NHS can get a monthly income of roughly £33,720.
Although dental practices’ profits vary widely, in general, you should expect to make between £50,000 and £110,000. Fully private dentists can make more than £140,000.
Dental salaries in the UK vary depending on region. This implies that dentists in some areas make a little bit more money than their colleagues in other areas.
A dentist often supervises a group of dental nurses, hygienists, therapists, and technicians and provides care for a variety of patients, including infants, adolescents, and the elderly.
General dental practitioners (GDPs) play the most prevalent role in dentistry. As a GDP, you’ll work as a self-employed contractor offering general public dental treatment in high street practices. Part-time employment in hospitals is also an option. You might offer services through the NHS, in the commercial sector, or both.
Architecture is a professional path that offers a bright future and high-paying work prospects. It focuses on designing and planning the buildings and structures that create our surroundings.
The typical starting pay for architecture graduates is £25,500. Specialised architects can take on a variety of jobs, such as site management, city planning, and the creation of landmark structures.
This industry offers high paying jobs and an endless range of opportunities. Buildings and other structures have always been necessary, and they will continue to be necessary far into the future.
The eight years of training required for architecture results in a high salary. However, careers in the financial industry, real estate development, or the Middle East can pay well.
No matter where you are on the construction site monitoring the building process, after becoming a specialised architect, you can anticipate a sizable pay.
Political assistants and public affairs consultants are just two examples of the professionals who operate in the discipline of politics, which focuses on the study of governmental structures, laws, and political behaviour.
Graduates in politics can anticipate an average starting salary of £24,945.
Graduates can work as lobbyists, public affairs consultants, campaign managers, political analysts, and politicians in the public, nonprofit, or private sectors.
These are the highest paying degrees UK. If you’re considering going to university, it’s worth considering what kind of salary your chosen course will bring home after graduation. Additionally, think about how much time you want to spend working after graduation or whether it’s financially worth it not to have a job for some time after studying.
Despite the fact that the aforementioned incomes do not represent graduate beginning salaries, a degree should still be viewed as an investment in one’s future earning potential.
And while there might not be a quick path to the highest-paying professions, you can start climbing the occupational ladder with the aid of an appropriate degree and job experience. But before landing up on the occupation you need the right degree to study.
1. What are the highest paying degrees UK?
The degrees of medicine, dentistry, engineering, law, economics, and computer science often have the highest salaries in the UK. These industries frequently provide competitive pay and promising career opportunities.
2. How much money can I expect to make in the UK with a high-paying degree?
A high-paying degree’s earning potential might vary depending on a number of variables, including the sector, job function, level of experience, and geographic location. However, graduates with high-paying degrees can frequently anticipate earning wages that are much higher. Salaries can vary from about £30,000 to well over £100,000 per year.
3. Are STEM degrees in the UK among the highest-paying?
In the UK, degrees in STEM (Science, Technology, Engineering, and Mathematics) frequently offer great income potential. It is well recognised that industries like computer science, engineering, and medicine provide lucrative employment prospects and market-rate wages.
4. Which are the UK’s top hardest degrees?
Law, Chemistry, Architecture, Medicine, Economics, Computer Science, Electrical Engineering, and Neuroscience are the toughest degrees in the UK. One of the most challenging degrees UK is a legal degree because of the huge amount of academic work.
5. Does a high-paying degree’s earning potential in the UK depend on the university’s reputation?
While the university’s reputation can have some impact on employment opportunities and first pay offers, it is not the only deciding factor. When determining earning potential, employers in the UK take into account a variety of elements, including pertinent abilities, professional experience, and personal attributes.
6. Do master’s degree in UK offer higher earning potential?
Master’s degrees in UK frequently result in better income potential, especially in fields like engineering, law, and medicine. The specialised knowledge and skills that these masters degrees offer are highly recognised in the job market and open access to high-paying jobs.
7. Do high-paying degrees UK have different earning potential by location?
In the UK, there may be geographical variations in the wage potential for degrees with high salaries. Major locations like London, where the cost of living is normally higher, tend to have higher salaries. Regional salary disparities are nevertheless influenced by a variety of other variables, including the local economy, industry concentration, and job availability.
8. How can I increase my chances of getting a well-paying job in the UK with my degree?
Consider getting relevant work experience, building transferable skills, networking with professionals, staying current with industry trends, and customising your job applications to highlight your qualifications if you want to increase your chances. Additionally, getting ready for interviews and showcasing your interest and passion for the industry will also help.
9. What benefits do UK degrees offer?
The majority of universities in the UK are ranked among the best in the world, placing them above universities in other countries. Organisations regularly evaluate and grade the research and teaching standards to ensure that the criterion is met.
10. Which is the best university in UK for highest paying degrees?
Imperial University students have the highest earning potential, with an average salary of £37,006 in their first year after graduation. Executive MBA, MBA, Masters in Finance, and Doctorates command the highest incomes.