Degrees Leading to Six-Figure Salaries for Australian Graduates
The university degrees that fast-track graduates to a six-figure salary

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In Australia, graduates with degrees in law, medicine, and IT are increasingly securing six-figure salaries within three years of graduation. Recent data shows that starting salaries for these fields have risen significantly, with dentists earning an average of $128,900 and medical graduates making $115,000. However, graduates in creative arts and sciences face lower pay and higher unemployment rates.
- 01Dentists earn the highest average salary of $128,900 three years after graduation.
- 02Medical graduates saw their salaries rise to $115,000, reflecting a $25,000 increase from three years prior.
- 03Pharmacists' salaries increased by 87% to $97,700 within three years.
- 04Law graduates' salaries rose from $70,000 to $100,000 by their third year.
- 05Nearly 25% of creative arts graduates struggled to find full-time employment within three years.
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In Australia, university degrees in law, medicine, and information technology (IT) are proving to be lucrative, with graduates earning six-figure salaries just three years after completing their studies. According to the Department of Education, starting salaries have surged, with an average increase of 32% from $69,000 in 2022 to $91,000 in 2023. Dentists lead the pack with an average salary of $128,900, followed closely by medical graduates earning $115,000. The employment rate for medical graduates is also impressive, with over 90% securing jobs within three years. Pharmacists have seen their salaries soar by 87% to $97,700, while law graduates' earnings increased from $70,000 to $100,000. Despite these high figures, graduates from fields such as creative arts and sciences face significant challenges, with many struggling to find full-time work. Notably, creative arts graduates earn an average of only $75,000, and nearly 25% of them could not secure employment within three years.
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The rising salaries for graduates in key fields indicate a strong job market and demand for skilled professionals in Australia.
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