Highest paying jobs and degrees 2023

At a time when university is at its most expensive, today's graduates face one of the toughest job markets ever. Cash in on your investment with this list of the highest-paying jobs in the UK.

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Despite rising numbers of graduates, studies still suggest that it's worth getting a degree to significantly enhance your lifetime earnings potential. We've done the research to help you maximise your salary packet after university with this list of the best-paid jobs and highest-paying degrees in the UK.

The methodology is outlined below, but note that these figures don't account for bonuses or other benefits. Instead, they refer to each job's median salary (before tax), according to official government statistics.

We've also looked at a handful of the best-paid jobs in more detail, explaining which degrees will help you enter the industry.

Of course, you shouldn't expect to go straight into the upper end of the salary range on day one. But, if you want to make it there someday, these career choices might be for you.

Highest paying jobs in the UK

These are the best-paid jobs in the UK:

1. Chief Executives and Senior Officials – £79,835
2. Marketing, Sales and Advertising Directors – £77,695
3. Information Technology Directors – £73,571
4. Specialist Medical Practitioners – £68,614
5. Headteachers and Principals – £66,686
6. Public Relations and Communications Directors – £66,510
7. Financial Managers and Directors – £64,193
8. Aircraft Pilots and Air Traffic Controllers – £62,778
9. Functional Managers and Directors (n.e.c.*) – £61,139
10. Senior Police Officers – £59,141
11. Train and Tram Drivers – £58,868
12. Barristers and Judges – £53,110
13. Health Services and Public Health Managers and Directors – £50,789
14. Rail Transport Operatives – £50,561
15. Electrical Engineers – £50,487
16. IT Business Analysts, Architects and Systems Designers – £50,396
17. Business and Financial Project Management Professionals – £50,287
18. Research and Development (R&D) Managers – £50,027
19. Taxation Experts – £49,916
20. Paramedics – £49,909.

* n.e.c. (not elsewhere classified) refers to all other jobs within a given industry that aren't classified under another title.

How to get one of the best-paid jobs in the UK

If you're aiming for the very top, here's some more info on the highest-paying jobs in the UK:

1. Chief Executives and Senior Officials

   

   Credit: Frederic Legrand - COMEO – Shutterstock

   Median salary: £79,835

   In the UK, Chief Executives may also be known as Managing Directors or CEOs, and are the highest-ranking individuals within an organisation. As the top dogs, it's probably not a surprise that they also occupy one of the best-paid jobs around.

   You'll be happy to hear that there are no stipulations for Chief Executives to hold any formal qualifications. Notably, some of the world's most famous CEOs dropped out of uni without attaining a degree (including Bill Gates, Mark Zuckerberg and Richard Branson).

   However, unless you follow in their footsteps and start your own company, you'll find that most organisations require their head honchos to be educated to at least an undergraduate degree level.

   Studying a business-related degree and starting your own business is likely to set you in good stead for a very well-paid career at the top.

   Many CEOs have previously served on the board of directors and may also have professional or postgraduate qualifications such as an MBA. Leadership skills and thick skin are essential, too.

2. Marketing, Sales and Advertising Directors

   Median salary: £77,695

   Marketing, sales and advertising are crucial to the success of many organisations. It doesn't matter how good your product is if no one knows about it!

   But marketing isn't solely confined to the private sector. There's a diverse range of roles within the public sector and not-for-profit organisations, although these may not be quite as well-paid.

   As a marketing executive, you could be involved in anything from promoting a new product to raising awareness of a charity.

   Like many sectors, marketing is highly competitive, with many employers preferring graduates with related degrees in Marketing or Business. Previous work experience is also an advantage, whether gained through internships, holiday jobs or placements.

   You can also find great specialised online courses in marketing that you can do for free. These will keep you up to date on the latest practices (marketing evolves pretty quickly) and will look great on your CV.

   As for sales, things are a little more open. It's still exceptionally competitive (and unlike many other jobs, it's much easier to measure who the best salesperson is), but there's less of a need for a degree. Instead, experience and a natural talent for the role are often more important.

3. Information Technology Directors

   

   Credit: Mark Agnor – Shutterstock

   Median salary: £73,571

   Information Technology Directors are responsible for coordinating all the IT equipment and other resources necessary for an organisation to function effectively.

   Again, roles of this kind aren't restricted to the private or public sector. Any medium or large organisation is likely to need somebody to manage its IT and communicative operations. However, the highest-paying jobs are likely to be in larger companies in the private sector.

   Despite the lofty job title and salary, there's no specific set of requirements for anyone looking to become an Information Technology Director.

   A relevant degree or qualification will obviously help you make your way onto the career ladder. But, the most important asset when aiming for this highly-paid role is relevant work experience – and lots of it.

   What's more, given the number of plates you'll likely have to be spinning at once, skills such as organisation, communication and flexibility are desirable too. But, then again, these are things that most employers are looking for anyway.

4. Specialist Medical Practitioners

   Median salary: £68,614

   You may have already guessed that a Specialist Medical Practitioner is one of the best-paying jobs in the UK. These people are saving lives after all!

   The term 'Specialist Medical Practitioner' is quite broad but includes jobs such as anaesthetist, doctor, general practitioner, paediatrician, and radiologist amongst others.

   Your salary will depend on whether you end up working in a general practice or if you decide to specialise in an area of modern medicine (and on what area you would specialise in).

   The process of becoming a Specialist Medical Practitioner can be quite rigorous. You'll need to follow a Medical degree at university, which generally takes between four and six years. After that, you'll have to follow a two-year foundation course of general training before starting specialist training.

5. Headteachers and Principals

   

   Median salary: £66,686

   As a Headteacher or Principal, you're responsible for managing a school and creating the right atmosphere for both the children and staff to thrive.

   You can probably already guess that you have to gain a lot of experience working at schools before you can step up to take on this role. Headteachers and Principals usually work their way up, so it's best to start by becoming a qualified teacher first.

   It's also critical to gain great leadership, critical thinking and decision-making skills – all of which you can learn with experience.

6. Public Relations and Communications Directors

   Median salary: £66,510

   Jobs in public relations are incredibly varied. Planning and delivering communication and advertising campaigns are at the heart of this job, but it could also include organising conferences, seminars and exhibitions to help promote the organisation you work for.

   To become a Public Relations and Communication Director, it's best to get a degree in Public Relations, Communications or Marketing. Other relevant degrees are also a possibility, but you'll always have to gain several years of experience at the senior management level to directly apply for a director's job.

7. Financial Managers and Directors

   

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   Median salary: £64,193

   Financial managers and directors look after a company's financial well-being. They manage and plan financial strategies for long-term profitable growth.

   Responsibilities can vary depending on the size of the company you work for and the sector. Similar to other jobs on this list, you'll have to work your way up to this position. Experience is key in reaching that top-level salary.

   There are no set requirements for this role, but a finance-related degree can help massively. Some companies may even require you to have a master's degree for senior positions, but it depends on your employer. Adding any additional qualifications to your CV can also pay off.

8. Aircraft Pilots and Air Traffic Controllers

   Median salary: £62,778

   It seems that aviation is the field to go into if you're after some sky-high wages...

   Pilot salaries vary according to employer, experience and the type of aircraft being flown. Even so, being a pilot is one of the highest-paying jobs you can get.

   While it's now possible to gain a BSc in Aviation Management with Pilot Training, degrees that demonstrate you have a thorough understanding of maths and physics may also provide you with an advantage.

   An Airline Transport Pilot Licence (ATPL) is a necessary prerequisite. In order to retain their licence, pilots are required to pass certain exams every six months.

   A degree can, therefore, be useful preparation for balancing studying with other commitments.

While the above salaries won't reflect graduate starting salaries, don't despair. A degree should still be seen as an investment in future earning potential.

And although there might not be a shortcut to top-earning careers, a relevant degree and work experience can help you gain a foothold on the occupational ladder.

In the meantime, find out how to get a graduate job.

Methodology

The data on average earnings for the highest-paying jobs is compiled and made available by the Office for National Statistics' (ONS) Annual Survey of Hours and Earnings (ASHE) 2022 (provisional).

The figures we've used were sourced from the dataset 'Earnings and hours worked, occupation by four-digit SOC'. We looked at the full-time gross annual pay and sorted the data by median – as per the ONS' recommendation. Bonuses have not been accounted for.