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Business

02nd Jan 2018

This is the job that can earn you €95,000 when you’re fresh out of college

What?

Olivia Hayes

Can we retrain?

We know we’ve already gone through 3+ years of college, but can we have a do-over? Please?

Well, no we can’t, but we sure wish we could after seeing what these graduates earn.

A recent survey by Business Insider and Emolument has found that graduate jobs in the world of banking and finance pay up to £85,000 (€95,000) a year, even though you might be only out of university a few months.

The findings saw that those with quantitative skills are likely to be the highest paid, with a salary of £65,000, as well as a £20,000 end-of-year bonus.

Nice.

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Having quantitative skills in banking means specialising in the application of mathematical and statistical methods – such as numerical or quantitative techniques – to financial and risk management problems.

People working in structuring come in second with an annual take home pay of around £60,500, while bankers in institutional sales earn around £58,000.

Structuring is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law.

So, we ask again… is it too late to go back to college?