Which university courses give the best wages???

[psychlaw]

Just out of interest, which university courses give the best wages.....

What do you earn the most money in

Graduate year and average working years


cheers

[brendan]

Firstly, if you do stand-alone BA do not expect to get a job in the first place let alone worry about wages.

Now let's turn to the other professions

The closed-shop health sciences:
Medicine
Optometry
Dentistry
etc.

Very very low risk
Very high expected returns
Potential risk: government deregulation


Law
Commercial Law,
Private equity, M&A
etc.

Highly conservative work place
Medium risk
High return
Known to be highly stressful

Actuarial Science

High return
Low risk
Very few admitted per year,
Highly quantitative
Good work/life balance

[b][i]Investment Banking [/i][/b]
Very very high returns
High risk
working 80-120hrs per week
Also very stressful, "more stressful than serving iraq"
highly cyclical work
highly selective but less so than actuarial science

Accounting
relatively large cohorts taken in every year),
Medium return
medium risk
can use as springboard into other professions like Investment Banking

[psychlaw]

wow thanks a lot man

Hmm lets see
Medicine / DENTISTRY .... hopefully I can get in

I'm enjoying legal studies at the moment so I reckon Law would be a pretty good option for money However, there are so many lawyers graduating ATM (five victoria universities offer law)
I think I can get into Monash (full fee - needs 94)

All the others others
Actuarial = The maths would be much beyond my level of intelligence
Investmant Banking = Sounds uninteresting and I doubt I would suceed in this area
Accounting = Also doesn't interest me

thanks again brendan

[TrueLight]

aww what about science type jobs...?

[Collin Li]

Where do the Engineering disciplines rank in that list, Brendan?

[AppleXY]

Actuarial FTW. However IBers get like $4895437895438095 every year

Very few admitted per year

Awww

[mark_alec]

Where do the Engineering disciplines rank in that list, Brendan?

I can't find the article now, but there was one in The Age that claimed that engineering graduates were the best paid of any profession in Australia nowadays.

[Collin Li]

Where do the Engineering disciplines rank in that list, Brendan?

I can't find the article now, but there was one in The Age that claimed that engineering graduates were the best paid of any profession in Australia nowadays.

That probably would have been first year salaries.

[AppleXY]

uhm, how about jobs relating to the resources boom, especially in WA and QLD. They must get hiiiiigh pay.

[Matt The Rat]

Stuff uni and get down in the mines for a couple of years up north if you want cash

[brendan]

Where do the Engineering disciplines rank in that list, Brendan?

lol i'm not sure i never quite researched engineering.

[cara.mel]

aww what about science type jobs...?

There's posters around monash with first year salaries. I saw one in the maths building
For some reason that rock one (geology)? wins.
I'll try to find it

[brendan]

I'm enjoying legal studies at the moment so I reckon Law would be a pretty good option for money

It's good but a lot, if not all law firms operate on the "up or out" model.
Either you get promoted or you fired. There is no in between.

[brendan]

Actually come to think of it, the clearly-in ENTER scores of respective courses are a pretty good ranking tool of the present value of the total lifetime expected earnings of certain professions

[midas_touch]

uhm, how about jobs relating to the resources boom, especially in WA and QLD. They must get hiiiiigh pay.

http://www.careerone.com.au/jobs/job-search/job-market-insider/Grad-Salary-News

"Some grads entering the booming resources sector in Western Australia and Queensland are scoring starting salaries of $100,000 plus."