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Social sciences

What can you do with an Economics degree?

Updated Official data: DfE LEO, tax year 2023–24By the CourseToJob editorial team · Editorial policy

Quick answer

An Economics degree commonly leads to roles such as economic research assistant, data analyst and policy analyst (entry). Five years after graduating, Economics graduates had median earnings of £51,200 (middle half: £37,000–£69,900), and 87.9% were in sustained work or further study (DfE LEO, 2023–24 tax year). The largest employer sector for Economics graduates is finance and insurance (28.6% of those in work).

Economics trains students to model choices, markets, and policy with data. First jobs are often analyst or research assistant roles. Official figures appear when an extract is loaded.

Median pay after 1 year
£30,700
Median pay after 5 years
£51,200
In work or study after 5 years
87.9%
Earnings rank at 5 years
8 of 146 subjects
Top employer sector
Finance and insurance
Graduates in latest cohort
6,875
Students in discussion around a seminar table.
On this page
  1. Jobs with an Economics degree
  2. Where graduates work
  3. Graduate earnings
  4. Highest-earning universities
  5. Is it right for you?
  6. Interview questions
  7. Find vacancies
  8. Degree or apprenticeship
  9. Universities
  10. FAQs

What jobs can you get with an Economics degree?

Graduates commonly start as economic research assistant, data analyst, policy analyst (entry) or graduate economist. Economics also builds skills that employers outside the obvious routes ask for, so many graduates move into roles that do not name the subject at all.

Role examples and skills are CourseToJob editorial guidance, not a guarantee of a job. Pay for individual roles varies by employer and location; we do not attach a salary to a role unless an official source publishes one.

Where do Economics graduates work?

Five years after graduating, the largest employer sectors for Economics graduates in UK employment were finance and insurance (28.6%), professional, scientific and technical services (25%) and information and communication (10.3%). One year after graduating, the most common sector was finance and insurance (28.1%).

Economics graduates (CAH level 2 subject area) in UK employment 5 years after graduating, by industry. Source: DfE LEO industry data, tax year 2023–24. Shares calculated by CourseToJob from DfE's rounded counts.
Industry sectorShare of graduates in workMedian earnings in that sector
Finance and insurance28.6%£67,300
Professional, scientific and technical services25%£53,400
Information and communication10.3%£54,400
Public administration and defence7.4%£44,300
Administrative and support services6.3%£43,900
Wholesale and retail5.7%£42,100
Education3.6%£35,500
Manufacturing1.9%£42,100

Most common specific industries

  1. Monetary intermediation — 10.9% of graduates in work, median £70,600
  2. Accounting; bookkeeping and auditing activities; tax consultancy — 10.6% of graduates in work, median £55,300
  3. Management consultancy activities — 7.6% of graduates in work, median £56,000
  4. Computer programming; consultancy and related activities — 6.2% of graduates in work, median £56,000
  5. Activities auxiliary to financial services; except insurance and pension funding — 5.7% of graduates in work, median £65,900
  6. Administration of the State and the economic and social policy of the community — 5.4% of graduates in work, median £45,000

How much do Economics graduates earn?

Official data

Economics graduates had median earnings of £30,700 one year after graduating and £51,200 five years after graduating in the 2023–24 tax year. The median across all first-degree graduates of GB higher education institutions was £33,700 at five years.

UK-domiciled first-degree graduates in Economics (CAH15-02-01). Source: DfE LEO, Tax year 2023-24, CAH level 3 subject data. "Middle half" is the lower to upper quartile. Each row is a different graduating cohort.
Years after graduatingMedian earningsMiddle half earnedIn work or further studyAll-subject median
1 year after graduatingGraduated 2021/2022£30,700DfE LEO, Tax year 2023-24£24,200–£39,50088.7%£26,400
3 years after graduatingGraduated 2019/2020£39,200DfE LEO, Tax year 2023-24£30,700–£52,70089.3%£30,000
5 years after graduatingGraduated 2017/2018£51,200DfE LEO, Tax year 2023-24£37,000–£69,90087.9%£33,700
10 years after graduatingGraduated 2012/2013£71,400DfE LEO, Tax year 2023-24£45,600–£107,60083.7%—

How one-year earnings have changed

Median earnings of Economics graduates one year after graduating, by tax year: 17/18 £26.3k; 18/19 £26.6k; 19/20 £27.1k; 20/21 £25.6k; 21/22 £27k; 22/23 £29.6k; 23/24 £30.7k£26.3k17/18£26.6k18/19£27.1k19/20£25.6k20/21£27k21/22£29.6k22/23£30.7k23/24
Median earnings one year after graduating, Economics, tax years 2017-18 to 2023-24. Cash terms, not adjusted for inflation. Source: DfE LEO.

Which universities have the highest-earning Economics graduates?

Among universities in our index with at least 50 Economics graduates measured, University of Cambridge had the highest median earnings five years after graduating (£105,000), followed by London School of Economics (£79,800) and University of Bath (£72,800).

Economics (CAH level 2) first-degree graduates, median earnings 5 years after graduating, tax year 2023–24. Source: DfE LEO provider-level data. Unadjusted for entry grades, subject mix or where graduates live; not a quality ranking.
UniversityMedian earningsGraduates measured
University of Cambridge£105,000100
London School of Economics£79,800160
University of Bath£72,800145
University College London£69,500150
University of Warwick£68,400195
University of Oxford£67,00085
University of Bristol£64,000230
Durham University£63,300150
University of Exeter£63,300260
University of Nottingham£59,700225

Is Economics the right degree for you?

Editorial

You may enjoy it if

  • You want to use algebra and data to argue about policy.
  • You like reading papers as well as textbooks.
  • You are comfortable saying what a model cannot show.

It may not suit you if

  • You hoped to avoid mathematics and econometrics.
  • You want a course that is only current affairs.
  • You dislike precise definitions.

Interview questions for Economics graduate roles

Editorial

Research-assistant and analyst interviews usually test whether you can handle a dataset and explain a trade-off in plain English. These prompts are editorial illustrations.

  1. A chart shows a sharp rise. What else would you want to know before writing a headline?

    What it tests. Base, seasonality, definition changes, and not overclaiming causation.

  2. Explain opportunity cost to someone setting a local-authority budget.

    What it tests. Applied micro without jargon for its own sake.

  3. Two sources give different unemployment rates. How do you reconcile them?

    What it tests. Definitions, coverage, and documenting the choice.

  4. You have a day to produce a briefing. What do you cut?

    What it tests. Prioritising the decision-maker’s question over a literature review dump.

  5. When would you not use an average to describe a wage distribution?

    What it tests. Skew, outliers, and why a median might be the honest figure — conceptually, not a recalled LEO cell.

Most Economics courses do not use a standard admissions interview. If a university invites you, it will say so — see UCAS on undergraduate interview invitations.

Illustrative question types for the roles above, not questions from a named employer.

Find Economics graduate jobs

Searched by the entry-level roles above

Search UK vacancies connected to economics. These are role matches, not guaranteed graduate-level jobs: read the experience, qualifications and work-permission requirements in each full advert.

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Is there an apprenticeship alternative to Economics?

Editorial

Data analyst and policy-related apprenticeships exist, but they rarely match a full economics degree. This note is editorial.

These intake-specific records have been checked against official course pages. They are separate from the broader editorial subject links.

Explore the programme finder · Compare programme details · Research international scholarships

Make your next move

Planning to study Economics in the UK?

Check the exact programme, entry requirements and total cost before applying. International applicants should also confirm qualification equivalence, English-language evidence and visa requirements.

Find UK study guidance for your country · Compare international course-fee examples

Explore the international student guide · Build your study budget and checklist

Universities for Economics in our index

125 universities

An editorial provision index, not a live UCAS catalogue: confirm current courses on UCAS. CourseToJob is not UCAS.Open Economics in the full university explorer.

Show all 125 universities

Name, city, or a CourseToJob subject. Nothing is stored.

Nation

Showing all 125 universities.

Universities in this editorial provision index
UniversityCityNation
Abertay UniversityDundeeScotland
Aberystwyth UniversityAberystwythWales
Anglia Ruskin UniversityCambridgeEngland
Aston UniversityBirminghamEngland
Bangor UniversityBangorWales
Bath Spa UniversityBathEngland
Birkbeck, University of LondonLondonEngland
Birmingham City UniversityBirminghamEngland
Birmingham Newman UniversityBirminghamEngland
Bournemouth UniversityBournemouthEngland
Brunel University of LondonLondonEngland
Buckinghamshire New UniversityHigh WycombeEngland
Canterbury Christ Church UniversityCanterburyEngland
Cardiff Metropolitan UniversityCardiffWales
Cardiff UniversityCardiffWales
City St George's, University of LondonLondonEngland
Coventry UniversityCoventryEngland
De Montfort UniversityLeicesterEngland
Durham UniversityDurhamEngland
Edge Hill UniversityOrmskirkEngland
Edinburgh Napier UniversityEdinburghScotland
Glasgow Caledonian UniversityGlasgowScotland
Goldsmiths, University of LondonLondonEngland
Heriot-Watt UniversityEdinburghScotland
Keele UniversityKeeleEngland
King's College LondonLondonEngland
Kingston UniversityLondonEngland
Lancaster UniversityLancasterEngland
Leeds Beckett UniversityLeedsEngland
Leeds Trinity UniversityLeedsEngland
Lincoln Bishop UniversityLincolnEngland
Liverpool Hope UniversityLiverpoolEngland
Liverpool John Moores UniversityLiverpoolEngland
London Metropolitan UniversityLondonEngland
London School of EconomicsLondonEngland
London South Bank UniversityLondonEngland
Loughborough UniversityLoughboroughEngland
Manchester Metropolitan UniversityManchesterEngland
Middlesex UniversityLondonEngland
Newcastle UniversityNewcastleEngland
Northeastern University – LondonLondonEngland
Northumbria UniversityNewcastleEngland
Nottingham Trent UniversityNottinghamEngland
Open UniversityMilton KeynesEngland
Oxford Brookes UniversityOxfordEngland
Plymouth Marjon UniversityPlymouthEngland
Queen Margaret UniversityMusselburghScotland
Queen Mary University of LondonLondonEngland
Queen's University BelfastBelfastNorthern Ireland
Robert Gordon UniversityAberdeenScotland
Royal Holloway, University of LondonEghamEngland
Sheffield Hallam UniversitySheffieldEngland
SOAS University of LondonLondonEngland
Southampton Solent UniversitySouthamptonEngland
St Mary's University, TwickenhamLondonEngland
Swansea UniversitySwanseaWales
Teesside UniversityMiddlesbroughEngland
Ulster UniversityBelfastNorthern Ireland
University College LondonLondonEngland
University of AberdeenAberdeenScotland
University of BathBathEngland
University of BedfordshireBedfordEngland
University of BirminghamBirminghamEngland
University of BradfordBradfordEngland
University of BrightonBrighton and HoveEngland
University of BristolBristolEngland
University of BuckinghamBuckinghamEngland
University of CambridgeCambridgeEngland
University of ChesterChesterEngland
University of ChichesterChichesterEngland
University of CumbriaCarlisleEngland
University of DerbyDerbyEngland
University of DundeeDundeeScotland
University of East AngliaNorwichEngland
University of East LondonLondonEngland
University of EdinburghEdinburghScotland
University of EssexColchesterEngland
University of ExeterExeterEngland
University of GlasgowGlasgowScotland
University of GloucestershireCheltenhamEngland
University of Greater ManchesterBoltonEngland
University of GreenwichLondonEngland
University of HertfordshireHatfieldEngland
University of HuddersfieldHuddersfieldEngland
University of HullKingston upon HullEngland
University of KentCanterburyEngland
University of LancashirePrestonEngland
University of LeedsLeedsEngland
University of LeicesterLeicesterEngland
University of LincolnLincolnEngland
University of LiverpoolLiverpoolEngland
University of LondonLondonEngland
University of ManchesterManchesterEngland
University of NorthamptonNorthamptonEngland
University of NottinghamNottinghamEngland
University of OxfordOxfordEngland
University of PlymouthPlymouthEngland
University of PortsmouthPortsmouthEngland
University of ReadingReadingEngland
University of RoehamptonLondonEngland
University of SalfordSalfordEngland
University of SheffieldSheffieldEngland
University of South WalesCardiffWales
University of SouthamptonSouthamptonEngland
University of St AndrewsSt AndrewsScotland
University of StaffordshireStoke-on-TrentEngland
University of StirlingStirlingScotland
University of StrathclydeGlasgowScotland
University of SuffolkIpswichEngland
University of SunderlandSunderlandEngland
University of SurreyGuildfordEngland
University of SussexBrighton and HoveEngland
University of the Highlands and IslandsInvernessScotland
University of the West of EnglandBristolEngland
University of the West of ScotlandAyrScotland
University of Wales Trinity Saint DavidCardiffWales
University of WarwickCoventryEngland
University of West LondonLondonEngland
University of WestminsterLondonEngland
University of WinchesterWinchesterEngland
University of WolverhamptonWolverhamptonEngland
University of WorcesterWorcesterEngland
University of YorkYorkEngland
Wrexham UniversityWrexhamWales
York St John UniversityYorkEngland

Undergraduate applications are made on UCAS, not here.

Search Economics courses on UCAS

Economics degree: frequently asked questions

What jobs can you do with an Economics degree?

Common starting roles include economic research assistant, data analyst, policy analyst (entry) and graduate economist. Five years after graduating, the most common sectors for Economics graduates in work were finance and insurance (28.6%), professional, scientific and technical services (25%) and information and communication (10.3%). These are examples, not guaranteed jobs: your experience, location and further training matter.

How much do Economics graduates earn in the UK?

DfE Longitudinal Education Outcomes data for the 2023–24 tax year shows median earnings for UK-domiciled Economics graduates of £30,700 one year after graduating, £39,200 three years after graduating, £51,200 five years after graduating and £71,400 ten years after graduating. Each figure describes a different graduating cohort, not one person's pay rise, and it is gross pay for those in sustained employment, not a starting salary offer.

Is an Economics degree worth it?

It depends on what you want to do. On the official data, 87.9% of Economics graduates were in sustained employment or further study five years after graduating, with median earnings of £51,200. For comparison, the median across all first-degree graduates of GB higher education institutions was £33,700 at the same point. That places Economics 8 of 146 subject groups by five-year median earnings. Earnings are only one factor: enjoyment of the subject, accreditation and the route into your target job matter too.

Which universities have the highest-earning Economics graduates?

Among universities in our index with at least 50 graduates measured, the highest five-year median earnings for Economics were at University of Cambridge (£105,000), London School of Economics (£79,800) and University of Bath (£72,800). These figures reflect entry grades, subject mix and where graduates work, so they are not a measure of teaching quality.

Can international students study Economics in the UK?

Yes, most UK universities accept international applicants, but entry requirements, recognised qualifications, English-language evidence and overseas tuition fees depend on the university and programme. Check the university course page and international admissions team, then check visa requirements on GOV.UK.

Skilled Worker visas

Sponsorship depends on the job's occupation code and the current Skilled Worker rules, not on a subject's median pay. A Skilled Worker decision uses the higher of the general threshold and the SOC going rate. Subject LEO medians are not sufficient. Read the Skilled Worker job rules on GOV.UK.