The top six in the list have all been found to produce average salaries within five years of leaving of £50,000 or more, according to the figures from Emolument Alumni.

London Business School leavers end up pocketing £15,000 more than those coming out of Oxford University, and £16,500 more than Cambridge University.

“There is so much attention on tuition fees at the moment that people often don’t stop to consider how their degree, or which university they go to, will affect their earning potential,” said Emolument CEO Thomas Drewry. 

“Having a level of transparency in salaries is important as it enables individuals to see what they should be earning now, in five or ten years time, or even in other industries or career paths they might be considering, to make more informed choices and manage their own career more effectively.”

Emolument also revealed that some of the lower ranked university league table institutions, such as the University of Sheffield, ranked highly when it came to salaries. Despite finishing 26th academically, it placed 7th on the list of graduates highest paid. Conversely, Durham University, ranked 5th in the UK by the Complete University Guide, only finished 12th on the pay scale.

Full list:

1. London Business School: £69,000
2. Oxford University: £54,000
3. Warwick Business School: £53,000
4. Cambridge University: £52,500
5. Cass Business School: £50,500
6. LSE London School of Economics: £50,000
7. University of Sheffield: £49,000
8. Edinburgh University: £48,500
9. Imperial College London: £47,000
10. University of Birmingham: £46,500
11. University of London: £45,500
12. Durham University: £45,000
13. University of Bath: £43,500
14. Aston University: £43,000
15. Warwick University: £42,500
16. Bristol University: £41,000
17. UCL University College London: £40,500
18. Loughborough University: £40,500
19. University of Leeds: £40,500
20. University of Nottingham: £40,000

By Hunter Ruthven