REVEALED: The UK Average Graduate Salary 2024

After years of attending lectures, participating in seminars, completing essays, and conquering exams, you’re ready to kick-start a rewarding career as a graduate. You haven’t gone through the challenges of university and racked up student loans for nothing, and now it’s time to find a role that suits your personality and rewards you well.

In the current graduate job market, things are relatively stable, offering a range of opportunities. Over the past 12 months, businesses have responded to the current inflation rate by increasing graduate salaries, all in a bid to attract the best talent. So, as you step into 2024, what salary expectations can you have as a new graduate in this evolving job market?

What we say

In our role as a graduate recruitment consultancy, we are delighted to extend job opportunities to graduates every week. After evaluating the average starting salaries for graduates throughout this year, we’ve observed that our graduates, on average, are beginning their careers with a salary of £27,000, showing an increase from £25,000 in 2023.

It’s important to note that the starting salary you can anticipate varies depending on factors such as the specific role you apply for, the geographical location of the position, and your existing level of experience. For instance, graduates embarking on their careers in London should expect a higher salary, with average figures currently hovering around £29,500.

We’re pleased to see that the majority of our graduates also have their salaries reviewed and increased within 6 months of starting their roles.

Search and apply for our graduate jobs here >

What the job sites say

Leading graduate job board, graduate-jobs.com, estimates the average starting salary for graduates in 2024 is £25,856. This is based on the hundreds of graduate roles that they see being advertised on their site over the past year.

They’ve also created a graph of realistic starting salaries based on the whole market using their salary data from the past 10 years.

Average graduate salary 2023

What the research says

High Fliers’ research suggests that the average starting salary for graduates in the UK is £33,500. However, given their research only covers the 100 largest and best-known graduate employers in the UK, this figure will only apply to a small minority of graduates.

Related Article: Top 100 Graduate Employers: The Real Truth

Graduates should approach salary expectations with a realistic perspective, steering clear of being overly influenced by research figures. While the idea of commencing a career with a wage exceeding £30,000 is appealing, it’s essential to recognize the potential disparity between these figures and real-world offers.

Setting overly high salary expectations may lead to missing out on job opportunities, as it could be perceived as a lack of commercial awareness. Moreover, passing up on initial offers that fall short of £33,500 shouldn’t be viewed as a reflection of your value or future potential in the job market. Keep in mind that the right opportunity can pave the way for swift progression and an accelerated increase in your salary.

Average graduate salary 2024 by sector

Average graduate salary by sector, 2024
Sector Salary(GBP)
Accounting £27,460
Advertising & PR £25,363
Architecture & Construction £25,250
Arts & Design £26,178
Banking £29,755
Buying & Merchandising £28,988
Charities £26,706
Computing & IT £28,146
Consultancy £28,152
Customer Service £28,437
Distribution & Logistics £28,146
Education & Teaching £22,700
Energy & Utilities £27,687
Engineering £27,920
Environmental £27,648
Finance £27,681
Food & Drink & Catering £27,344
Health £30,034
Human Resources £26,582
Insurance £33,250
Internet & Digital Media £28,486
Languages £31,676
Legal & Law £25,427
Management £29,919
Manufacturing & Production £27,199
Marketing £29,715
Media £31,653
Military & Defence £25,481
Property £25,627
Public Sector £25,988
Recruitment £26,819
Research & Analysis £27,895
Retail £28,113
Sales £28,140
Science & Technology £29,069
Secretarial & Business Admin £25,068
Sports & Recreation £22,525
Telecommunications £24,500
Training £26,603
Travel & Hospitality £22,705

Average Graduate Salary 2024 UK – What your subject says

What subject you studied at university can also have an impact on the salary you take home afterwards. Take a look at the data below to see how your subject measures up.

SUBJECT HIGH-SKILLED MEDIUM-SKILLED LOW-SKILLED
Accounting & Finance £25,100 £21,000 £19,000
Acting £20,000 £17,500 £18,000
Aeronautical & Aerospace Engineering £28,000 £22,000 £21,000
African & Middle Eastern Studies £25,700
Agriculture & Forestry £24,500 £19,000 £20,000
American Studies £23,000 £19,000 £18,550
Animation £22,000 £19,000 £18,000
Anthropology £25,000 £21,000 £18,000
Archaeology £21,100 £19,100 £16,800
Architecture £22,000 £19,000 £18,000
Art & Design £22,000 £20,000 £18,000
Artificial Intelligence £32,000
Asian Studies £27,000 £21,000 £19,000
Astrophysics £27,000
Biological Sciences £25,000 £20,000 £18,500
Biomedical Sciences £25,000 £20,000 £18,700
Building £27,500 £24,000 £20,000
Business & Management Studies £26,000 £21,900 £20,000
Celtic Studies £26,100
Chemical Engineering £30,000 £23,000 £23,000
Chemistry £25,600 £21,500 £19,000
Childhood & Youth Studies £23,000 £18,000 £18,000
Chinese £28,000 £21,600
Civil Engineering £28,000 £20,500 £19,000
Classics £25,300 £20,000 £18,000
Communication & Media Studies £22,000 £20,000 £18,000
Complementary Medicine £28,000
Computer Science £28,000 £20,000 £18,000
Counselling, Psychotherapy & Occupational Therapy £25,000 £19,000 £18,000
Creative Writing £22,000 £18,000 £16,700
Criminology £23,000 £20,000 £18,100
Dentistry £39,500
Diagnostic Radiography £25,000
Dietetics £25,000
Drama, Dance & Cinematics £22,000 £19,600 £18,000
Ecology £22,000 £21,000
Economics £30,000 £23,000 £20,000
Education £25,700 £17,000 £18,215
Electrical & Electronic Engineering £30,000 £25,000 £18,500
English £24,000 £19,000 £18,000
Fashion £21,000 £20,000 £18,000
Film Making £22,000 £20,000 £18,000
Food Science £25,000 £21,000 £17,000
Forensic Science £23,000 £19,000 £19,000
French £25,700 £21,100 £20,000
General Engineering £30,000 £24,000 £20,000
Geography & Environmental Science £25,000 £21,000 £18,500
Geology £25,000 £20,000 £18,000
German £26,000 £21,000 £20,000
Health Studies £23,500 £19,000 £18,525
History £25,000 £21,000 £18,000
History of Art, Architecture & Design £24,000 £20,000 £17,000
Hospitality & Catering £23,000 £20,900 £21,000
Human Resources Management £24,000 £21,000 £20,150
Iberian Languages £25,000 £20,000 £19,000
Information Technology & Systems £25,500 £20,000 £19,000
Italian £25,000
Journalism £21,600 £20,000 £17,500
Land & Property Management £25,000 £23,000 £19,300
Law £23,000 £20,000 £18,600
Linguistics £25,000 £19,000 £16,500
Manufacturing & Production Engineering £29,000 £23,000 £20,800
Marine Biology £23,000 £20,000 £19,000
Marketing £24,000 £21,000 £19,000
Materials Technology £29,000 £20,000 £18,000
Mathematics £28,500 £21,500 £19,890
Mechanical Engineering £28,000 £23,000 £20,000
Medical Technology & Bioengineering £25,100 £23,000 £22,600
Medicine £33,000
Midwifery £25,000
Music £23,500 £18,900 £18,000
Neuroscience £27,000 £20,000
Nursing £25,000 £21,000 £18,000
Nutrition £25,000 £20,000 £17,000
Optometry, Ophthalmics & Orthoptics £18,000
Paramedic Science £25,000
Pharmacology & Pharmacy £32,000 £23,000 £21,000
Philosophy £25,700 £20,000 £19,000
Photography £21,000 £18,000 £18,000
Physics & Astronomy £28,000 £20,000 £18,500
Physiotherapy £25,000
Podiatry £25,000
Politics £26,000 £22,000 £19,000
Prosthetics £25,700
Psychology £23,000 £19,000 £18,000
Robotics £30,000
Russian & East European Languages £26,000
Social Policy £24,500 £20,400 £18,400
Social Work £30,000 £20,000 £18,000
Sociology £24,000 £20,000 £18,000
Spanish £25,000 £20,000 £19,000
Speech & Language Therapy £25,000
Sports Science £24,000 £19,000 £19,000
Statistics £30,000
Theology & Religious Studies £25,000 £19,700 £19,000
Therapeutic Radiography £25,000
Tourism, Transport, Travel & Heritage Studies £23,000 £20,000 £19,360
Town & Country Planning and Landscape Design £25,000 £23,000 £19,000
Veterinary Medicine £31,000 £26,000
Youth Work £24,000 £18,500
Zoology £22,000 £19,000 £18,000

Copyright Complete University Guide © October 2023

Don’t get hung up on your salary

Earning plenty of money is great, however, there’s no point in earning £30,000 a year if you dread going to work every day. It’s important to find the balance between what you enjoy, what you earn and the other benefits on offer.

What’s important is different for each of us, so try to make the best decision for you. If you change your mind later, you can always learn from your mistakes and look for a graduate role that is better suited to you going forward.

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