Highest Paying Degrees in the UK: How to Make the Most Money with Your Degree

They say that getting a degree will help you earn more money and live large and healthy, but how much money you will make has been the question of the day. To answer this question, we’ve compiled this list of the highest-paying degrees in the UK to see what university grads can expect to earn after they leave their alma mater. The results may surprise you! It is overwhelming that some of the most expected degrees are worth it.

What are a Degrees

The UK higher education system is ranked second best globally, surpassing only America. There are over 130,000 people enrolled in undergraduate courses, and it's considered the most popular destination for international students. With that being said, not all degrees are created equal. To make money, the degree you choose should be one of the highest paying degrees in the UK. Several degrees offer students a high starting salary, a low cost of attendance, and low graduate unemployment rates.

About jobs in the United Kingdom

Do you know what the highest-paying degrees are? The job market is constantly evolving, and it's not just about having a degree but picking the right one. Here's a list of the highest-paying degrees and what they can do for you. The Economist reported that the top three earners in the United Kingdom were Pharmacy Managers, Lawyers, and Company Secretaries. The median salary for these professions ranged from £35-£80 per hour or £55,000-£140,000 per year.

In 2017 The Times released their findings that being an investment banker was the most lucrative profession at £75 per hour or £200,000 per year.

Dentistry

Are you planning on becoming a dentist? You are in luck! A study by the Chartered Institute of Management Accountants found that dentists have one of the highest paying degrees compared to other careers, earning an average of £58,000-£60,000. What’s more, the job outlook for dentistry is excellent, and the British Dental Association predicts there will be a growing demand for qualified dentists in the next five years as more people start going to the dentist. The profession requires four years of full-time university education followed by five years of dental school at the undergraduate level or three years at the postgraduate level if you already hold an undergraduate degree such as Dentistry and Oral Sciences from Imperial College London.

Veterinary medicine

If you're considering starting a business degree but don't know which one, you may want to consider a career as a veterinarian. According to the National College Database, veterinary medicine is the highest paying degree in the UK, with an average annual salary of £41,000. The following best-paying degrees are; (state the second best-paying degree)

The third best-paying degree that can help you make the most money is; (state the third best-paying degree)

The fourth best-paying degree that can help you make the most money is; (state the fourth best-paying degree)

Medicine

Medical degrees are the highest paying in the UK, offering an average starting salary of £36,000 per year. And these high salaries mean that no matter which area of medicine you study, you're likely to be well-paid as a doctor. A pediatrician has an average wage of £69,000 per year, and a surgeon earns £79,000. The only downside is that medical school places are very competitive, so if you're interested, it's best to start preparing early and have good grades.

Veterinary medicine

If you're considering starting a business degree but don't know which one, you may want to consider a career as a veterinarian. According to the National College Database, veterinary medicine is the highest paying degree in the UK, with an average annual salary of £41,000. The following best-paying degrees are; (state the second best-paying degree)

The third best-paying degree that can help you make the most money is; (state the third best-paying degree)

The fourth best-paying degree that can help you make the most money is; (state the fourth best-paying degree)

Electrical Engineering

Electrical engineering might be a great choice if you want the best-paying degree. On average, electrical engineers make £52,000 annually, and salaries can range from £25,000 for a low-level position to £80,000 for a top-ranking electrical engineer. Even mid-level electricians can expect about £47,000. An Electrical Engineering degree from the UK is an excellent start as you'll have no problem finding work and a high starting salary. You might even have the opportunity to climb up the corporate ladder if you graduate from one of the most prestigious universities for this degree. However, the most lucrative career options will be open to those who get their Master's or Ph.D. within the field.

Law

1. Law. Graduates with law degrees can earn a salary of £69,000 a year or more, but the degree will require four years of study and involve expenses such as tuition fees and accommodation.
2. Dentistry. Students studying dentistry could earn £67,000 annually if they work the full-time hours expected for their profession. Dentists are the highest-paid professionals in the country. The course usually takes five years to complete and currently has an annual fee of around £9,250 a year plus living costs.

Physics and Astronomy

The potential average salary of a Physics and Astronomy graduate is £40,800 a year, while the average salary for all grads is £22,200. Another bonus of majoring in Physics and Astronomy? You might become the next Neil deGrasse Tyson! Are you worried about the rising cost of higher education? Click here for ways to reduce student debt! The highest paying degrees in the UK are different depending on the individual. Choosing the right degree for you could lead to one of the highest-paying jobs in the future! Take the time to explore your options. The most important decision you will make is choosing your degree. Many factors go into this decision, such as whether or not it is affordable, what field interests you, how much money you want to make in the future, and what career path appeals to you the most.

Biology

The highest-paying degrees in the UK are often particular and aligned with the demands of the labor market. Bioscience, mathematics, and computer science are a few examples of the best-paying degrees. These fields require specialized knowledge and skills, which allow them to command the highest salaries.

The number one ranked degree for salary is Chemical Engineering, which averages £52,000 per year. The second-ranked degree in Mathematics is at £50,000 per year, while the third-ranked degree in Statistics is at £48,500 per year on average.

Psychology

The highest paying degrees in the UK are law, medicine, dentistry, and engineering. Each degree holder can earn around £40,000 per year or more. Psychology is a great degree choice, too, if you're looking for a subject that pays well. The average graduate salary is £25,000, depending on the training and expertise gained. With courses such as psychology and counseling, earning potential is higher than in most other subjects at university level studies. You'll also be able to explore your interest in mental health care with the chance of getting some hands-on experience. The next time you choose what course to take at university, consider this information about the best paying degrees and make the right decision for your future!

Aerospace Engineering

If you have a degree in aerospace engineering, on average, you can make an annual salary of £53,000. But if you want more money, consider pursuing an aeronautical engineering degree. This degree will earn an average of £55,000 yearly as a starting salary and the potential for even more! The lowest paying degrees are those in Arts and Humanities (£25,000), which may not be the best choice to maximize your earning potential. However, these degrees help teach people how to think critically about complex issues, which is valuable knowledge in today's world.

Business & Finance

The highest-paying degrees in the UK will depend on many factors, from your area of study to the skills you learned as a student. Whatever your degree, there is no limit to how much money you can make if you go into the right profession and maintain a diligent work ethic. Take some time today and decide which degree is best for you, considering how well it pays. The government estimates that at least one million people will be over 50 years old and still be employed by 2050. If you plan on working until the day you die, then it's essential to choose the best career path possible so that when you retire, you'll have enough money set aside. What are the highest paying degrees in the UK? A business degree might not sound like an easy option when most other students focus on liberal arts or sciences but don't forget about those STEM-based majors!

Computer Science

Studying computer science could be your best bet if you want to make the most money. Not only is it a degree that's always needed, but it has a high starting salary - £34,200 per year on average. According to HSBC's analysis, data science also appears as one of the top three highest-paying degrees in the UK. The role also topped its list of fastest-growing jobs this year. And the good news doesn't stop there: According to the same report, STEM skills are not likely to go out of demand any time soon. So if you're thinking about what might be the best major for your future career prospects, computer science may well be worth considering!

Architecture, Building & Planning

Building, Planning, and Architecture are sectors that traditionally offer some of the best salaries. Construction Management is another degree that can be a good choice for high earners, as is Quantity Surveying. Veterinary Science graduates also have a better than average salary, as do Medicine graduates and Dental Surgeons. Veterinary Science graduates have an average starting salary of £27k, while Medicine and Dental Surgery students enjoy an average starting salary of £35k. Graduates with the highest paying degrees in the UK should also consider the rewards they’ll get outside of work, such as freedom to pursue interests and time with family.

The top 10 highest paying degrees in the UK include veterinary science at number 1, medicine at number 2, and dentistry at number 3.

Physics, Astronomy & Maths

If you want the best paying degree, STEM-related degrees top the list. A physics graduate in the United Kingdom (UK) is expected to earn £35,000/year. This amounts to about $41,000 for an American equivalent of earnings and is nearly three times higher than an Arts graduate earning £11,000 annually. Other majors that can lead to high salaries include Maths, Astronomy & Chemistry, which are all well above the average salary for graduates (£20,500). Medicine graduates also fare well in the labor market with an average starting salary of £27,000.

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Final Thought 

The last thing you want to do after years of study is get a job that doesn't pay well, but it's not possible for some degrees. With degrees in fields like Medicine, Engineering, and Law, it cannot be easy to choose the best degree for your future income. Let's explore the highest-paying degrees in the UK and show you which degree will make you the most money! 1) The Highest Paying Degrees In The UK Are: Dentistry ($166,000)