If there’s one thing we can all agree on, it’s that education is expensive.
Undergraduate and/or postgraduate education requires a big investment of both time and money. You will work for years – and pay a lot – to hone your skills and knowledge.
So you’ve got to make the investment worth it: it’s important that once your studies are over you are able to secure a high-paying job which enhances your earning potential and gives you a good return on your investment.
Finding that dream job which ticks all of the boxes isn’t easy, though.
You’ll be up against thousands of other graduates and you’ve got to give yourself every advantage when it comes to finding the best roles. In fact, according to the Office for National Statistics there were 14 million graduates in the UK in July to September 2017.
To give you the best chance we’ve put together this advice for you. Here’s our three-point plan to find the best paid graduate jobs.
1. Explore Realistic and Viable Options
While we all want a high salary, simply looking for the highest paying jobs isn’t the answer. You’ve got to consider which jobs you can realistically pursue according to your studies, inclination and what you would like to do - of course!
This means really digging into career planning to better understand the options available to you. Your university is a good source of information, and your friends and family are also important sources of information and recommendations.
If you don’t have a burning “why” within you, we recommend focusing on the “how”. A lot is made of value-driven work these days but not everybody has a definite desire so looking at the specifics is important.
Think about things like:
- what hours you would like to work
- whether you would travel
- if you prefer autonomy or working as part of a team
- whether you’d like to get paid for achieving great results or if you would be content with earning a fixed salary.
All of these questions can help you to begin to arrive at the highest paying roles which are also realistic and viable options for you.
2. Dive Deep Into Industries to Enhance Your Value
Now you’ve got a good idea of the type of role you can imagine yourself in, it’s time to think about which industries accommodate for the type of work that you would like to do.
When it comes to high salaries, there are the usual suspects: key industries like banking, finance and pharma offer attractive salaries. But while those numbers may indeed be large they don’t quite tell the whole story and there’s a variety of factors which still affect your salary.
To get a better idea of your earning potential within a given industry you’ve got to dig deeper.
By exploring an industry and its key details - projected growth, historical growth, key companies and desirable skills - you can get a better idea of what affects salaries. This helps you to pinpoint which roles and business areas you might like to pursue, and exactly what you can do to maximise your potential salary.
If you can enter your chosen industry with an understanding of which skill deficiencies and common complaints there are, you can shape yourself into a very valuable asset.
3. Explore Key Businesses
Now that you have a better idea of which industry may benefit from your abilities and skills, we recommend that you dig deeper into the key players in that industry. Getting a good idea of the industry leaders will not only give you a deeper insight into what they’re all about, it will also give you an idea of what smaller businesses may be trying to emulate.
Researching key businesses will also help you to develop an understanding of the culture, roles and abilities there and, of course, whether or not they are home to some of the best paying jobs for graduates.
Garnering this familiarity with business will also help you to cultivate a decent understanding of what makes them tick and help you to speak using the same language. Huge benefits when it comes time to make applications and entering the interview phase.
We hope that this process has given you a good idea of how you can track down the ideal jobs that pay well.
Our tool, Pathfinder, can really help you to get ahead of the crowd by offering you an all-in-one, data-driven platform to plan your career journey.