Navigating the choppy waters of newly-graduated unemployment feels like a never ending struggle. If you’re unsure of what you want to do as a career, then perhaps these figures will sway you.
Here are the five best paid industries you can get in to, courtesy of Grad Jobs‘ extensive research.
1. Investment Banking
With an average starting salary of £45,000 – £50,000, going into investment banking seems like a no-brainer. Careers in banking are highly competitive though, with long hours and huge workloads. Degrees in maths and physics are sought after and work experience is recommended.
Law is the second best paid industry for graduates to go into, with starting salaries between £38,000 and £40,000. Disciplines within law include tax, employment, finance, corporate and family. A postgraduate conversion course is needed but they usually take people with different degrees.
3. Finance and banking
A little less well paid than investment banking, finance offers starting salaries for graduates of £35,000 to £37,000. Jobs in this industry include accounting and management work. Definitely an industry to consider if you’re put off by the whole investment banker (banker w*nker) scene. Jokes.
4. Consultancy work
This type of work can cross many sectors and companies. PwC hires a lot of grads into consultancy roles, so check them out as a first port of call. The starting salary is between £28,000 and £32,000 with the possibility of a good pay rise as you get more experience. Not too shabby for a first job salary, eh?
5. Oil and energy
Not the most glamourous-sounding of industries to work in, but jobs in the industry have a starting salary of between £27,000 and £33,000. The UK is actually the biggest oil and gas producer in the EU, which means that we have a lot of jobs on offer. You could work in construction, engineering, hospitality and even transportation in this industry.