Fresh graduates' median gross monthly salary was also higher at S$3,306 in 2017, compared to S$3,300 in 2016. The problem however is that this “average starting salary” really doesn’t matter for you, the job seeker, especially if you want a rich and fulfilling career. These graduates were from the Architecture Class of 2016, as well as the Biomedical Sciences & Chinese Medicine, Law, Medicine, and Pharmacy courses. So it is time to see if the starting salary of a degree graduate that we all have been receiving over the years has gradually increased. Graduates of Singapore Management University’s undergraduate university programmes have achieved higher employment rates and higher incomes than their peers from Singapore’s two other autonomous universities, the latest joint survey shows. They shared about their starting salary during their time and many spoke up about their personal experiences. The key takeaway from this article is for you: Do note that we are using the basic salary for the calculation. The survey also showed that the median gross monthly salary of the graduates from PEIs in full-time permanent employment was S$2,550, compared to that of fresh AU graduates at S$3,325, and that of fresh and post-National Service polytechnic graduates at S$2,180 and S$2,517 respectively. Polytechnic Graduate Salary 2019: These Are The Highest Paying Industries for Polytechnic Graduates in Singapore. The survey revealed that the mean gross monthly salary of fresh NUS graduates in full-time permanent employment was S$3,939 in 2019, which is about 4.2 percent higher than S$3,779 in 2018. Since the starting pay for fresh graduates in Singapore has hit a new high in 2017. Source: NUS 2019 Graduate Employment Survey by the Ministry of Education, Source: NTU 2019 Graduate Employment Survey by the Ministry of Education, Source: SMU 2019 Graduate Employment Survey by the Ministry of Education, Source: SIT 2018 Graduate Employment Survey by the Ministry of Education, Source: SUTD 2018 Graduate Employment Survey by the Ministry of Education, Source: SUSS 2019 Graduate Employment Survey by the Ministry of Education. SGCharts: Rat Race. Access 100% free, uniquely tailored and interactive University salary reports. Basic salary refers to only full-time permanently employed graduates. In fact, The Straits Times released the figures from this joint survey of the different universities in February 2018 showing that on average, most graduates have reported a monthly starting salary of $3,400 while some are getting as much as $5,000 a month. The median salary of a Singaporean is $4,437, what about the salary that you should be getting and what your peers are getting? Out of all the courses, Nitec (Engineering) has the lowest monthly median salary of S$1,545 for fresh graduates. Overall, engineering graduates in Singapore commanded above average starting salaries, second only to graduates from information and digital technologies. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by Graduate employees in Singapore, Singapore. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by Graduate employees in Singapore, Singapore. Draw your own insights into Singapore’s labour market by exploring official data through interactive charts. This service is not intended for persons residing in the EU. As we collect more salary reports, we will be able to display related salaries for this job title. XLSX. The average salary for a Graduate is $3,100 in Singapore, Singapore. 28kb. Chart: Graduate Employment Rate and Starting Salary. A follow-up survey also polled 800 graduates from NTU, NUS and SMU. If you read through the conversation, you might realise that not every industry had increased the graduates’ salary even from 14 years back! Don’t worry if it has been a while since you have graduated, we have also compiled a salary guide for you to reference to too! The best paying degree at Singapore is Executive MBA, with alumni earning an average salary of $111,000. Salaries for Related Job Titles No related titles found. Average salary in Singapore is SGD 87,671 (US$ 67,335). BA, Game Design. Australian University Graduates – Highest Starting Salary. 2. The mean gross monthly salary of SMU graduates in full-time permanent jobs is S$3,977 in 2018, a modest increase over the previous year’s salary of S$3,910. In 2019, the median gross monthly starting salary of Institute of Technical Education (ITE)graduates in Singapore in full-time employment was around 2.05 thousand Singapore dollars. Read more at … The survey, as at 15 February 2019, showed that SUTD continues to maintain high overall employment rates and starting salaries for its graduates for the fourth consecutive year. Median: The 50th Percentile, meaning the “central” graduate amongst everyone. $3,040. Ultimate guides to kickstart your finances. Chart: Graduate Employment Rate and Starting Salary. Graduates from Singapore who earn the lowest salaries are those with a Bachelor of Arts degree, earning a salary of $49,000 annually. Avg. University of Pennsylvania graduates are the highest earners in the Ivy League, according to a recent study based on data from millions of anonymous tax records. These days, fresh university graduates seem to be getting a higher starting pay … at least that’s what it says in the newspapers. By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp's partners. NUS 2016 data : Median : 88k SGD (67k USD) Average : 90k SGD (76k USD) Highest : 180k SGD (138k USD) Maximum placement in Australia. # 1 Salary Guides Are Useless If You Don’t Have A Full-Time Job. Fresh university graduates have been reported to earn a higher starting pay as compared to their seniors, ranging from S$4,000 to S$5,000 a month in business and computing areas. Fresh university graduates earned a higher starting pay last year. meREWARDS lets you get coupon deals, and earn cashback when you complete surveys, dine, travel and shop with our partners. The graduates’ typical monthly starting salary in both the private and public sectors ranged from $2,400 to $2,600 – significantly lower than that earned by those from the public universities. Submit your salary. Employer’s CPF contributions, bonuses, stock options, overtime payments. But the findings revealed that post-NS graduates in the same course got an average of S$2,000 per month as starting pay. The mean gross monthly salary among fresh graduates in full-time permanent employment was S$3,733 in 2018, higher than S$3,613 in 2017. The first; Charles Darwin University (CDU) is an Australian public university with about 22,000 students. BSc, Computer Science & Game Design. Stay updated with the latest finance tips! SINGAPORE: The median gross monthly salary of 2019 graduates who have found full-time work has gone up, according a joint graduate employment survey published on Friday (Feb 28). Median is a more accurate reference as data of the salaries received are not symmetrically distributed. Advanced 2020/21 Survey. Here’s a hypothetical example to explain our point. If you would like to read more of their stories and experiences, you can find them here. Median monthly salaries for Singapore university graduates in 2016 increased to a new high of $3,360.That figure is up from $3,300 for people who graduated in 2015. There are two schools of thought when it comes to accepting a lower starting salary or wait for the perfect job. A survey by the jobs portal of 1,200 recent graduates between August and October found their average starting monthly salary was HK$16,077, down 3.7 … As with previous years, an article was written showing an aggregated median salary ($2,550) and full-time job rate (84.3%) of external degree and diploma graduates from private institutions, which (still) concluded that PEI grads face a tougher situation in the job market than public university graduates. 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