Coventry, July 11, 2013: As the validity and merits of attaining a degree are increasingly questioned in the face of uncertain job prospects, FindEmployment have analyzed the most popular careers and salaries for graduates in the United Kingdom and the United States. Graduates with qualifications in professional degrees have the most positive occupational and earnings expectations. There are similarities in the top five subjects studied in both countries and a distinct correlation between the subjects studied and the highest paying salaries on offer to graduates entering the workforce.
Law, Medicine and Dentistry dominate on both sides of the Atlantic making an appearance in the subjects studied in both countries and appearing on the US highest salaries. However in the UK there is a divergence from the subjects studied and the highest paying graduate jobs, with Investment Banking topping the graduate starting salary list.
Top 5 degree subjects in United States:
5. Physical Therapy/Therapist
Top 5 degree subjects in United Kingdom:1. Medicine & Dentistry
3. Veterinary Science
4. Biomedical & Neurology (Science based subjects)
Top paying graduate jobs in the United States (median salaries US Labour Dept 2009):
1. Family Doctor $161,000
2. Psychiatrist $160,000
3. Dentist $142,000
4. Management Consultant $114,000
5. Lawyer $113,000
Top paying graduate jobs in the United Kingdom (starting salary from High Fliers 2012 report):
1. Investment Banking £45,000
2. Law £38,000
3. Oil & Energy £32,500
4. Media £32,500
5. Consulting £31,500
According to a survey by the Association of Graduate Recruiters (AGR) the number of graduates competing for each vacancy in the UK today is 85 applicants per vacancy. In the US the unemployment rate for college graduates in April was 3.9% according to the Labor Department, meaning more graduates are employed now than there was at the start of the recession. However rising requirements to have a degree for low level jobs, means that future students and undergraduates in particular, should consider their employment prospects and salary potential of the most popular careers outlined above.
FindEmployment is a premium online global recruitment platform, connecting leading companies with talented and skilled employees. With an emphasis on innovation, quality and customer satisfaction, FindEmployment is designed to streamline and speed up the recruitment procedure. As an interactive and globally accessible network expanding across more than 200 countries, FindEmployment provides the most cost effective recruitment solutions. FindEmployment offers a variety of resources and services to ensure successful career development to job seekers worldwide. To learn more visit www.findemployment.com