SMU grads top earners

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ECONOMICS graduates from the Singapore Management University emerged the top earners last year in the latest graduate employment survey.

Their average monthly salary of $4,164 was a notch higher than the $3,971 earned by business graduates from the National University of Singapore.

The top earners from the Nanyang Technological University were graduates from the chemical and biomolecular engineering who took home $3,232 a month.

The survey of the Class of 2008 was released by the Education Ministry for the first time. Previously, the three universities would separately release their own employment surveys, but the different benchmarks they used confused some students.

Explaining why it decided to take over the publishing of the graduate employment survey results, MOE said on Friday that the intention is to help students make informed course decisions.

'The data gives prospective students a general indication of the employment conditions of the graduates from the various degree courses offered by our local universities,' said an MOE spokesman. 'We understand employment conditions may have changed since, but we hope that the data may still be useful as one point of reference for the students.'

The survey polled graduates who had completed their studies in May or June last year and had started working by Nov 1.

At first glance, the salary levels and overall employment rates and remain largely unaffected by the economic crisis.

Among the top earners are teachers and engineers. Teachers who got an Arts (with Education) from the National Institute of Education make an average of $3,207 a month. Graduates from the engineering faculties, which have been struggling to get students into the course, still rank among the top earners.

Engineering graduates from NUS earned between $2,864 (environmental engineering) and $3,049 (computer engineering), while those from NTU earned between $2,891 (environmental engineering) and $3,232 (chemical and biomolecular engineering).

Overall employment rates were also positive. At NUS, information systems students from the school of computing and dentistry students saw a 100 per cent employment rate.

Source.

2008 Graduate Employment Survey results of:

NUS
NTU
SMU

 
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