Chapters 5&6

Chapters 5 & 6 of a resource pack for careers education and information, advice and guidance practitioners.

Chapter 5

Where’s the Money?: Illustrating the earning potential of STEM careers

It is important to dispel the myth that financial rewards for STEM graduates are poor. There has been a rapid rise in the number of students studying for a degree in the UK, but there is significant variation in the value of different degree subjects. STEM graduates fare considerably better than the average graduate, both in terms of enjoying higher annual earnings and in finding a graduate-level job.

The Stem Choices pack illustrates the earning potential of STEM careers. Research from PriceWaterhouseCoopers LLP 2005 shows higher lifetime earnings premiums for students with STEM degrees. Compared to an average premium of £129,000 for all degrees, the following STEM subjects rate significantly higher:

  • Engineering: £220,000
  • Mathematics: £220,000
  • Physics: £188,000
  • Chemistry: £186,000
  • Biological Sciences: £110,000

 

Chapter 6

STEM careers Starters and Plenaries

The STEM Choices pack offers resources and activities for stimulating STEM careers awareness in the classroom, including:

  • STEM related opportunities and case studies
  • Key facts to start group sessions
  • How STEM jobs impact on our daily lives
  • Speed dating activity designed to highlight the speed & diversity of STEM developments