Analysis of over one million job ads by Adzuna has revealed which Science, Technology, Engineering and Maths (STEM) degrees will lead to the highest salaries after graduation.
Engineering graduates are offered the biggest paychecks
The research, conducted in August 2018, looked at the average salaries of job ads that wanted applicants holding a specific STEM degree. Aeronautical engineers topped our results table with an average salary of £51,448 on offer to those who hold a bachelors or masters in the subject. Those with civil or chemical engineering degrees didn’t trail too far behind and landed in second and fourth place with salaries of £47,503 and £45,527 respectively.
In contrast, Chemistry and Physics degrees were valued far below the UK average salary of £33,111, offering an average take home of £27,795 and £26,617. Lab technician and teaching assistant roles made up the bulk of job ads seeking people with these degrees, which explains the surprisingly low salaries.
The Highest Paying STEM degrees
|Degree Title||Average Salary||No. of Jobs|
Technology graduates have the most job opportunities
Although job-seekers with aeronautical and chemical engineering degrees see the highest salary potential, they are far from the most in demand. Due to their niche nature, only 220 job ads across the UK mention either of these subjects as a requirement to apply for the role.
For those in search of a high salary as well an abundance of career opportunities, a technology degree is your best bet. The rise of AI in both business and society, has caused demand for employees with tech knowledge to sky rocket in recent years. Applicants with a Computer Science degree were the most sought after with a huge 4,236 job vacancies followed by Information Technology (IT) with 1,847.
STEM degrees with the most job vacancies available
|Degree Title||No. of Jobs||Average Salary|
Maths and Science Degrees Still Hold Their Own
With almost all UK universities charging maximum tuition fees of £9,000 a year, students are rightly concerned with getting the best bang for their buck. Engineering and technology degrees may appear most appealing due to promises of high salaries and job opportunities but that shouldn’t lead to the maths and sciences being undervalued.
Life science degrees made the top five for both salary potential and number of job vacancies, making it a good all round choice. For undergraduates still uncertain about their future in STEM, maths degrees are also a great option, as they provide a gateway to a whole host of industries such as finance, engineering and data science.