University of Birmingham graduates are among the top ten highest earners in the country, with an average salary of more than £46,000 a year, new figures show.
A survey by salary analysts Emolument.com, placed University of Birmingham graduates tenth in the Alumni Rich List, ahead of those from Durham, Warwick, Nottingham and Bristol.
The average salary of University of Birmingham graduates is £46,500 within five years of leaving. By contrast, students from Durham earn £45,000, Warwick £42,500, Nottingham £40,000 and Bristol £41,000.
Eluned Jones, the University of Birmingham’s Director of Employability, said: “We are delighted that this survey reinforces the benefits of studying at Birmingham. The University of Birmingham is fourth in the country for graduate prospects according to The Times and The Sunday Times Good University Guide 2015 and third among the Russell Group of universities. 84.3% of our 2013 graduates were in professional employment or graduate-level further study within six months of graduating. This is a strong basis on which to improve their salary earnings.”
The data was submitted anonymously and securely by more than 35,000 individuals spread across hundreds of different professions, sectors, locations and university courses, in order to access free in-depth personalised reports about how their pay compares to peers in their industry and elsewhere.
A spokesperson for Emolument.com said: “At a time when students face the prospect of paying back debts of over £44,000 when they leave university, young people are having to consider more carefully than ever before if, and where, they should go to university.”
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For more information please contact Deborah Walker, Head of Communications, University of Birmingham: Tel +44 (0)121 414 6681. Out of hours please call +44 (0)7789 921165 or email the Press Office.
Notes to Editors
Graduate salaries by university (source Emolument.com)
1. London Business School: £69,000
2. Oxford University: £54,000
3. Warwick Business School: £53,000
4. Cambridge University: £52,500
5. Cass Business School: £50,500
6. LSE London School of Economics: £50,000
7. University of Sheffield: £49,000
8. Edinburgh University: £48,500
9. Imperial College London: £47,000
10. University of Birmingham: £46,500
11. University of London: £45,500
12. Durham University: £45,000
13. University of Bath: £43,500
14. Aston University: £43,000
15. Warwick University: £42,500
16. Bristol University: £41,000
17. UCL University College London: £40,500
18. Loughborough University: £40,500
19. University of Leeds: £40,500
20. University of Nottingham: £40,000