Students who wish to pursue a university degree sometimes struggle to choose a course based on their skills, interests, preferences and future plans.
For most students, the most important factor they consider in choosing a university course is the potential income they can earn once they graduate.
In the UK, there are hundreds of university courses you can choose from. Some of these courses can help you earn tens of thousands of bucks.
The highest earning graduates in Great Britain
According to the Institute for Fiscal Studies, here are the top seven courses that will help you earn a lot of money in Great Britain.
Graduates with a degree in Economics earn around £70,000 even during their early 30s. If you choose pursue a master’s degree, you can work as a senior data analyst, research analyst or financial analyst and earn even more.
As an economics graduate, you can apply for a plethora of positions including urban planner, real estate specialist, business forecaster, market analyst and policy analyst.
Typically, engineering graduates who land jobs in high-profile employers in Great Britain earn around £25,000 to £30,000 during their first year. Their earnings can increase up to 10% each year depending on how fast they get promoted.
The type of job you can apply for depends a lot on what engineering major you choose. For example, if you study Civil Engineering, you can work for construction firms to build commercial or residential infrastructures.
On an average, architecture graduates earn anywhere between £27,000- £35,000. However, you have to train at least eight years to get qualified for a high-paying position.
On top of that, the competition tends to be quite stiff these days. That’s why registered architects decide to shift into stationary or furniture designing. Nevertheless, it’s still a great course to pursue.
- Computer Science
With the increasing demand to digitalise everything, more and more students aim to earn a degree in computer science.
The salaries of graduates with a degree in Computer Science in the UK varies a lot. Entry level jobs typically pay around £20,000 while experienced computer science practitioners receive at least £100,000.
Most of the time, students don’t really pay much attention to language degrees because they believe that it won’t allow them to get land a job that can pay the rent and their student loans.
In truth, language graduate have so much potential. For example, if you take up modern languages, you can work as a diplomatic service officer, international aid worker or a foreign language instructor.
If you land a job as a diplomatic officer, you can get paid around £28,000 to £200,000 per year.
Business graduates can earn up to £90,000 most especially when they become CEOs of a company. Although plenty of famous tech giants are founded by college drop outs, it still pays to have a business degree to start and operate a stable business.
After graduating from business school, you can try your luck in securing positions such as business consultants, mortgage adviser, sales executive, retail manager and logistics manager.
- Medicine and Dentistry
While both courses take time, money and patience to complete, you can earn so much money from them since these medical positions receive generous compensation in the country.
Junior hospital trainees for example earn about £27,000, while medical consultants typically receive around £60,000 to £100,000. As for general practitioners, they earn around £50,000 to £80,000 per year, most especially if they only choose to work under the NHS.
Dentists, on the other hand, receive earn up to £100,000 if they work for the NHS and engage in private practice at the same time. If they only work as a self-employed dentist, they can maximize their earnings by up to £140,000.
The demand for nurses remain high in the UK. There are a lot different strands that a nursing graduate could take, there are nurses that handle care home management, some go the traditional route and work at hospitals, while some work in mental institutions.
Nursing graduates do tend to invest a lot of money to complete the degree, but everything evens out once they graduate given that they do get high compensation once they get qualified for a position.
Qualified nurses in the UK get paid around £20,000 to £28,000 on their first few years. More experienced nurses such as registered nurse anaesthetist can earn up to £73,000.
Love the university courses enumerated above? Do any of these courses interests you? We recommend taking a course not only for the potential money you can make, but also because it aligns with your skills and interest.
Once you have a course in mind, you should think of the possible universities you can go to. More importantly, you must prepare the required paperwork and submit your college application to your target university within the allotted time frame.