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Posted Dec. 11, 2012

5 Postgraduate Degrees That Will Make You Rich

According to Simplyhired.com  postgraduates can expect to bring home a salary that is nearly 25% greater than those with just a bachelor's degree.

If you've been wondering what the highest paying careers in the world are, and the postgraduate degrees you need to get them then read on...

MBA Coming out on top, the MBA is the most lucrative and financially beneficial postgraduate degree of them all. Specialising in business, finance and accounting , an MBA is a versatile degree that can be applied to a whole host of managerial and leadership positions.

In recent years, the UK has been named the most popular MBA study destination in Europe. The demand for MBA programs has increased so much that they can now even be completed online. From marketing and advertising to human resources and development, postgraduate degrees in business pay off! The average salary for those sporting an MBA is £65,000 for managerial positions, and a whopping £110,000 for CEO's.

Medical Doctorate Becoming a doctor is no easy feat. It is a gruelling path, but the hard work and dedication required yields incredibly rewarding results that in many ways substantially outweigh the financial benefits.

Obtaining a medical doctorate is a monumental task that requires many years of postgraduate study, as well as a training program that could take a further 3/4 years. However, having the ability to save people's lives and earn in the region of £140,000 at the same time is well worth it in our opinion!

Engineering Covering fields such as computing, architecture, aerospace, chemicals and environment, postgraduate degrees in engineering are also top earners. With the push for green energy becoming a bigger priority with each passing day, obtaining a PhD in engineering will make you high in demand.

Currently the highest paying position for those with a postgraduate degree in engineering is the sub specialty of petroleum, which racks up an incredible £80,000 annually. Working on off shore oil rigs is lonely, not to mention hazardous, but not to worry as there are plenty of other specialties that you can venture into.

Computer Science In today's tech obsessed world, it's no surprise that a postgraduate degree in computer science will help you to earn top dollar. Whether you want to delve into the world of data mining or computer animation, computer science can be the key to open the doors.

You'll need to have a strong grasp of mathematics, as well as a fair amount of dedication and determination, but once you make it you'll be extremely sought after by big industry names. How much can you expect to make a year? Around £75,000!

Law There are two sorts of lawyers in the UK - barristers and solicitors. To practice as either you will need to complete a postgraduate degree in law , and or a conversion course. Following this you will need to undergo a training contract or a pupillage until you are officially qualified.

Once you are recognized you will be able to aid and advise clients in the management of their legal transactions, as well as represent them in criminal and civil court proceedings. Plus you'll have the opportunity to earn an impressive £80,000 a year.

Prodigy FinanceFunding Your MBA Program

If you need some help funding your MBA program, Prodigy Finance offers loans for MBA students with competitive interest rates, based on future affordability without the need for a co-signer or additional collateral. Find out more. 

Prodigy Finance is one of many potential funding options for international postgraduate students. Other student funding options are available and Postgrad.com advises you to research all your options thoroughly before making such a commitment. Postgrad.com accepts no responsibility for your choice of loan and does not endorse or support Prodigy Finance. Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 612713.

4 comments

Timmy Sept. 24, 2018, 4:03 p.m.

Hello. I have been out of university for fours years now and l will like to further myself up again. Looking for a new career to venture into. I will like an advice. Thanks

Charlotte King Sept. 27, 2018, 4:59 p.m.

Hi Timmy - a postgraduate degree is a great way to launch yourself into a new career - check out our How To Become A... section for some inspiration >
https://www.postgrad.com/advice/postgraduate_careers/guides/

Jenny July 14, 2021, 7:29 p.m.

Please I'm currently studying English and Literature, but I have interest in Psychology, is it possible for me to do a master's degree in Psychology afterwards?

Charlotte King July 15, 2021, 2:30 p.m.

Hi Jenny,
Although it is usually preferred to have an undergraduate degree in psychology before embarking on a masters, this is not always necessary and some universities are happy to consider graduates from any course discipline, as long as you have achieved the required grade (usually a 2.1 to progress onto PG studies). Check with the masters courses that you are interested in to see their eligibility requirements.
Good luck!

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