Career and negotiation

Average Graduate Salary UK: What to Expect After University

What do UK graduates actually earn in their first jobs? Salary data by degree subject, employer type, and location — plus how to negotiate your starting offer.

June 2025 · 8 min read

Every year, hundreds of thousands of UK students graduate and face the same question: what should I realistically expect to be paid? The answer varies more than most university careers services will tell you — from under £20,000 in some creative sectors to £50,000+ on graduate schemes at top firms.

The UK Average Graduate Starting Salary

The median graduate starting salary in the UK is approximately £27,000–£29,000 across all sectors. But this average is pulled in two directions:

£29,000
Median graduate starting salary
£22,000
Lower end: open market roles
£50,000+
Top law / finance schemes

Graduate Salary by Degree Subject

Degree subjectTypical starting salary
Medicine / Dentistry£32,000–£36,000 (FY1/FY2)
Computer Science / Software£30,000–£45,000
Engineering (all disciplines)£28,000–£38,000
Economics / Finance£28,000–£45,000
Law (training contract)£25,000–£50,000+
Nursing / Allied Health (NHS Band 5)£28,407
Business / Management£24,000–£32,000
Teaching (PGCE / QTS)£30,000+
Psychology£22,000–£27,000
Architecture (Part 2)£22,000–£28,000
Arts / Humanities£20,000–£26,000
Media / Journalism£18,000–£24,000

Top Graduate Scheme Starting Salaries

Employer typeTypical starting salary
Magic Circle law firms£50,000–£56,000
Investment banking£45,000–£55,000
Top tech companies (FAANG-adjacent)£40,000–£55,000
Top consulting firms (MBB, Big Four)£35,000–£45,000
Big Four accountancy£30,000–£35,000
FMCG / retail grad schemes£28,000–£34,000
Civil Service Fast Stream£30,000+
NHS Graduate Management£27,948

Is a Graduate Salary Enough to Live On?

Depends heavily on location. Key figures to know:

Use our take-home pay calculator to see what any graduate salary means in real net terms after tax, National Insurance, and student loan deductions.

Can I Negotiate a Graduate Salary?

Yes — and more people succeed than expect to. Many graduates assume starting salaries are fixed, especially on graduate schemes. They usually aren't. Even a £1,000–£2,000 improvement compounds significantly over your career, because future rises are typically calculated as a percentage of your current salary.

For the full approach, see our salary negotiation guide.

See What Your Degree Is Worth

Check your expected salary against real UK data — by role, location, and experience level.

Check Your Salary →

Frequently Asked Questions

The median UK graduate starting salary is approximately £27,000–£29,000. Structured graduate schemes at top employers typically pay £30,000–£55,000.

Medicine, computer science, engineering, and law (via training contracts) consistently produce the highest graduate starting salaries, with some reaching £50,000+.

Yes, generally 15–30% more than equivalent open-market entry-level roles, in addition to structured training and faster progression.

Yes. Most starting salaries are negotiable. Market data, competing offers, and a direct professional ask succeed more often than people expect.

Source: Graduate Outcomes Survey 2024; High Fliers Research UK Graduate Careers Survey 2024; ONS ASHE 2024