Unsurprisingly, Switzerland dominates the top places on the list, with the University of St Gallen students earning around £160,000 per year 5-10 years after graduating.
The top 30
|1||University of St Gallen||Switzerland||£160,000|
|2||University of Zurich||Switzerland||£140,000|
|3||Swiss Federal Institute of Technology in Zurich||Switzerland||£135,000|
|4||Zurich University of Applied Science||Switzerland||£127,000|
|5||London Business School||UK||£102,000|
|9||ESLSCA Business School||France||£86,000|
|10||London School of Economics||UK||£85,000|
|12||Ecole des Ponts ParisTech||France||£83,000|
|13||Erasmus University Rotterdam||Netherlands||£83,000|
|15||Cambridge University & Judge Business School||UK||£82,000|
|16||Oxford University & Said Business School||UK||£82,000|
|17||Ecole Centrale Paris||France||£81,000|
|18||Imperial College London & Tanaka Business School||UK||£75,000|
|20||Solvay Brussels School of Economics and Management||Belgium||£73,000|
|24||City University London & Cass Business School||UK||£70,000|
|25||Warwick University & Business School||UK||£69,000|
|26||Catholic Institute of Business Administration Comillas||Spain||£68,000|
|27||EDHEC Business School||France||£67,000|
|28||Bocconi University & SDA School of Management||Italy||£66,000|
|29||University of Lund||Sweden||£66,000|
|30||Paris Dauphine University||France||£65,000|
Emolument.com has analysed 5,622 alumni’s (5-10 years’ professional experience) salaries and bonuses who graduated from a European university with a Bachelor or Masters degree.
Cost of living Index for featured countries
|Country||Cost of Living Index|
Super Switzerland best for graduate salaries
The top four positions are held by Swiss universities, The University of St Gallen is renowned for its Masters Programme, which is highly regarded by top Swiss financial institutions.
The number of well-paid financial jobs also plays its part in Switzerland, known for its banking heritage. Graduates are well placed to take lucrative banking jobs, many of which pay big bonuses as well as good salaries.
However, the high pay is somewhat offset by the cost of living being significantly higher in Switzerland than other European countries.
A big concern for students is return on investment from their degree. Eight of the UK’s universities appear in the list, however with a bottom line of £9,000 per year – the tuition fees are significantly higher than their European counterparts.
Tuition fees from the top Swiss university on the list are £2,000 per year, and like most Europeans, start their career in less debt than those studying in the UK.
Mastering the pay
The level of degree can also have a significant bearing on potential future graduate salaries. Until recently French universities didn’t offer Bachelor degrees, so the majority of French students leave with not only a Masters but higher expectations in terms of salary.
Alice Leguay, Co-Founder & COO at Emolument.com said: ‘The question of return on investment is at the forefront of most students’ mind when they look to enrol on a course. Being mindful that Masters’ fees tend to be higher than Bachelor’s, they clearly drive high pay levels upon graduation. Some universities also see a high proportion of their students start their careers in the high paying financial sector, which a clear aim: pay off their debts and polish off their formal education with hands on experience before moving to other horizons.’