University salary league table
We have examined 2014/2013 salary and bonus data from 276 alumni from the London School of Economics, Oxford and Cambridge University.
We have just launched its 'Alumni' service which allows users to benchmark themselves against their university peers (www.emolument.com/alumni).
- When it comes to earnings, LSE leads the way: With a remuneration gap of up to 27% between LSE and Oxford, it is clear that LSE graduates find the better paying jobs.
- LSE, a stepping stone to Finance: Part of the reason may be that 73% of LSE graduates work in Financial Services vs. 44% and 43% for Cambridge and Oxford respectively.
- A cultural difference between Oxford and Cambridge? Beyond Finance, Cambridge graduates show a stronger attraction to Consulting, IT and Legal jobs (14% of graduates each), while Oxford graduates seem particularly attracted to the corporate sector.
- Older Cambridge Alumni earn more than those from Oxford: The greater proportion working in Consulting, IT and Legal probably explains the 14% remuneration gap at senior level between the two universities i.e. more than 10 years? experience.
Our new Emolument Alumni service has already revealed some interesting differences between academic institutions. Whilst many prospective university students might assume that an Oxbridge education is the route to riches, the results of our analysis show that it is not as simple as that.
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