All Graduate Salaries Compared
| Degree | Starting | Mid-Career | Take Home/Mo (Start) |
|---|---|---|---|
| Computer Science | £32,000 | £55,000 | £2,213 |
| Medicine | £32,398 | £65,000 | £2,237 |
| Law | £25,000 | £45,000 | £1,793 |
| Engineering | £28,000 | £48,000 | £1,973 |
| Accounting & Finance | £26,000 | £50,000 | £1,853 |
| Economics | £28,000 | £50,000 | £1,973 |
| Nursing | £29,970 | £38,000 | £2,092 |
| Architecture | £24,000 | £42,000 | £1,733 |
| Marketing | £24,000 | £40,000 | £1,733 |
| Teaching | £31,650 | £43,607 | £2,192 |
| Psychology | £22,000 | £35,000 | £1,613 |
| English & Humanities | £22,000 | £32,000 | £1,613 |
| Business Management | £25,000 | £42,000 | £1,793 |
| Maths & Statistics | £28,000 | £55,000 | £1,973 |
| Art & Design | £20,000 | £30,000 | £1,493 |
| Biology | £22,000 | £35,000 | £1,613 |
| Chemistry | £24,000 | £40,000 | £1,733 |
| Physics | £26,000 | £50,000 | £1,853 |
| Pharmacy | £33,000 | £45,000 | £2,273 |
| Dentistry | £33,000 | £55,000 | £2,273 |
Career Outlook for Economics Graduates
Economics graduates are highly employable across financial services, consulting, government, and research. The analytical and quantitative skills developed during an economics degree are valued by employers in many sectors. Government Economic Service (GES) and the Bank of England offer structured career paths specifically for economics graduates.
Typical First Roles and Career Paths
Common first roles include economic analyst, financial analyst, management consultant, policy adviser, data analyst, and research associate. The Government Economic Service recruits hundreds of economists annually. City firms, consultancies (McKinsey, Bain, BCG, Big Four), and think tanks are also major recruiters.
Tips for Economics Graduates
Economics graduates with strong quantitative skills (econometrics, statistical programming in R or Python) command higher starting salaries than those with purely theoretical backgrounds. An MSc in Economics or Finance can boost starting salaries by £5,000-£10,000. Consider management consultant salary or investment banker salary for high-earning career paths.
Student Loan Repayments
Economics graduates on £30,000 repay approximately £25/month on Plan 2. Those entering financial services or consulting at higher starting salaries will repay faster.