UK universities where students typically earn more than £70,000 after graduating
A website has created a ranking of the salaries of graduates going into finance for analysts and associates in the UK
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Emolument.com, which crowdsources data on pay, compared the salaries of graduates going into finance for analysts and associates from different universities and produced a ranking.
They found the average salary for these titles across all universities is £62,000 for graduates from UK and Irish universities.
But those from prestigious universities earned a lot more.
Alice Leguay from Emolument.com said: "Counterintuitively, the top universities for finance are not necessarily the ones with a reputation for being business-focussed, but Oxbridge and other well-known Russell Group institutions. It seems UK recruiters are less concerned about vocational course content, giving more weight to a university's reputation and prestige.
Here's the ranking:
9. University College London — UCL is ranked joint-third in the QS list of best European universities. Graduates that go into finance earn an average of £72,000.
8. Bath University — While graduates that start a finance career may earn a bit less than other counterparts, averaging £72,000, they might have had a better time. The university topped this year's Times Higher Education Supplement Student Experience survey.
7. Warwick University — Warwick is the youngest university in the top 9, being founded in 1965. Graduates that go into finance earn an average of £73,000.
6. Bristol University — Bristol, ranked joint-34th in the world and comes sixth in the table for graduate financial earnings, with an average annual pay of £74,000.
5. London School of Economics — Graduates of Mick Jagger's alma mater earn an average of £79,000 when starting their financial careers.
4. Imperial College London — Graduates from Imperial earn an average of £80,000 when starting out in finance. The university got a £20 million grant in 2013 from hedge fund Brevan Howard to fund a centre for financial analysis.
3. Edinburgh University — Graduates from Scotland's only entry in the ranking earn an average £84,000. Edinburgh is the 17th best university in the world according to the QS rankings.
2. Oxford University — Students that go into finance after leaving Oxford earn an average of £85,000, coming second in the ranking overall.
1. Cambridge University — Graduates can earn a huge £91,000 after leaving the UK's second-oldest university, topping the ranking.
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Read the original article on Business Insider UK. © 2015. Follow Business Insider UK on Twitter.
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