Female performing arts graduates earn more after five years

Female performing arts graduates' earnings outstrip their male counterparts' after five years.

The average salary for a female performing arts graduate is £21,900, rising from £14,200 in the first year after finishing their studies.

Whilst men earning more in the initial stage of their careers with an average salary of £14,300 in their first year, women earn more on average three years in – £18,300 compared to £17,500.

The opposite is true of creative arts and design graduates: females earn less than males from the get go – £16,400 on average compared to £16,800 in their first year working.

The gap grows with time, with men earning £23,400 on average after five years, £1,900 more than female creative arts graduates.

Creative arts, where 60% of graduates are women, provides the lowest financial returns of any course of study, analysis by the Institute of Fiscal Studies (IFS) shows.

Xiaowei Xu, a Senior Research Economist at IFS, said women disproportionately chose subject with lower-paying career options.

"Of course, money isn’t – and shouldn’t be – the only factor when it comes to choosing what to study. But more needs to be done to inform young people about the financial consequences of degree choices, and to overcome gender stereotypes, so that women are not locked out of high-paying careers by choices at a young age.”