Male economics graduates from the University of Bristol – rather than Oxford or Cambridge - have the greatest earnings return over their peers who did not go to university, research reveals.
However, for women, a maths degree at the University of Oxford is the best combination – as these graduates see a return almost four times greater (270 per cent) than those who do not graduate.
The data from the government, analysed by the Institute for Fiscal Studies, shows which courses and institutions result in graduates earning more at 29 than peers who opted out of higher education.
Studying medicine and economics at higher education significantly increases the average earnings of both female and male graduates.
However, the earnings return that graduates can yield is often dependent on where a subject is studied.
For example, studying an economics degree at Bristol would see a return of 179 per cent for men – but the same degree from Kingston would see a negative return of -8 per cent.
Here are some key findings showing the greatest and worst returns for graduates for different universities and subjects:
Institutions for men
Institutions for women
Courses for men
Top 5
Economics at Bristol (179%)
Physical Sciences at Oxford (164%)
Geography at LSE (141%)
Law at LSE (132%)
Economics at Cambridge (128%)
Bottom 5
Philosophy at Sussex (-73%)
English at Wolverhampton (-62%)
Languages at Oxford (-58%)
Agriculture at Newcastle (-58%)
Creative Arts at Conservatoire for Dance and Drama (-54%)
Courses for women
Top 5
Maths at Oxford (270%)
Maths at LSE (210%)
Economics at Oxford (187%)
Law at LSE (178%)
Economics at UCL (164%)
Bottom 5
Computing at Westminster (-66%)
Creative Arts at Guildhall School of Music and Drama (-59%)
Creative Arts at Cambridge (-56%)
Allied to med at Keele (53%)
Psychology at Bolton (-40%)
Economics courses for men
