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The Independent UK
The Independent UK
Lifestyle
Business Insider, Ben Moshinsky

UK universities where students typically earn more than £70,000 after graduating

It's not easy to pick a university, but if you want to get into finance, reputation and tradition trumps everything.

Emolument.com, which crowdsources data on pay, compared the salaries of graduates going into finance for analysts and associates from different universities and produced a ranking.

They found the average salary for these titles across all universities is £62,000 for graduates from UK and Irish universities.

But those from prestigious universities earned a lot more. 

Alice Leguay from Emolument.com said: "Counterintuitively, the top universities for finance are not necessarily the ones with a reputation for being business-focussed, but Oxbridge and other well-known Russell Group institutions. It seems UK recruiters are less concerned about vocational course content, giving more weight to a university's reputation and prestige.

Here's the ranking:

9. University College London — UCL is ranked joint-third in the QS list of best European universities. Graduates that go into finance earn an average of £72,000.

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8. Bath University — While graduates that start a finance career may earn a bit less than other counterparts, averaging £72,000, they might have had a better time. The university topped this year's Times Higher Education Supplement Student Experience survey.

Si Chun LAM

7. Warwick University — Warwick is the youngest university in the top 9, being founded in 1965. Graduates that go into finance earn an average of £73,000.

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6. Bristol University — Bristol, ranked joint-34th in the world and comes sixth in the table for graduate financial earnings, with an average annual pay of £74,000.

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5. London School of Economics — Graduates of Mick Jagger's alma mater earn an average of £79,000 when starting their financial careers.

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4. Imperial College London — Graduates from Imperial earn an average of £80,000 when starting out in finance. The university got a £20 million grant in 2013 from hedge fund Brevan Howard to fund a centre for financial analysis.

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3. Edinburgh University — Graduates from Scotland's only entry in the ranking earn an average £84,000. Edinburgh is the 17th best university in the world according to the QS rankings.

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2. Oxford University — Students that go into finance after leaving Oxford earn an average of £85,000, coming second in the ranking overall.

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1. Cambridge University — Graduates can earn a huge £91,000 after leaving the UK's second-oldest university, topping the ranking.

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Read the original article on Business Insider UK. © 2015. Follow Business Insider UK on Twitter.

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