Published in 2022
This table is compiled with the latest results of the annual Graduate Employment Survey (GES) which is administered to graduates about 6 months after taking their final examinations in NUS, NTU, SMU, SUSS, SIT & SUTD. Figures for NTU, NUS, SMU, SIT, SUSS, pertain to 2021 graduates. Salaries shown are on per-month basis.
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1. The employment rates refer to the number of graduates employed as a proportion of economically active graduates (i.e. graduates who have entered the labour market) as at 1 Nov 2021 (i.e. approximately 6 months after completing their final examinations).
2. Overall employment includes all types of full-time and part-time/temporary employment.
3. Full-time permanent employment refers to employment of at least 35 hours a week and where the employment is not temporary. It includes those on contracts of one year or more.
4. Gross monthly salary pertains only to full-time permanently employed graduates. It comprises the basic salary, fixed allowances, over-time pay and commissions. Employer’s CPF contributions, bonuses, stock options, other lump sum payments, and payments-in-kind are excluded.
5. Gross monthly salary pertains only to full-time permanently employed graduates. It comprises the basic salary, fixed allowances, over-time pay and commissions. Employer’s CPF contributions, bonuses, stock options, other lump sum payments, and payments-in-kind are excluded.
6. National Institute of Education (NIE) is an autonomous institute of NTU.
7. Data on Biomedical Sciences (Traditional Chinese Medicine) graduates is obtained from a follow-up survey on 2020 graduates after they have completed their practical training.
8. **: No data is shown due to the small number of graduates and/or low response rates.
Frequently Asked Questions:
1. What is the difference between mean and median salaries?
The mean monthly salary is an average of the salaries of the full-time permanently employed graduates. The median monthly salary is the salary of the ‘central’ (i.e. 50th Percentile) graduate in a set of full-time permanently employed graduates when they are arranged in a sequential order by salary. It is useful to refer to these 2 indicators together. The median is a useful reference when the salary data is not evenly distributed (e.g. when the group contains graduates with exceptionally low or high salaries, especially when the number of respondents is relatively small).
For example, although the median gross monthly salary for the Accountancy and Business course offered by NTU shows that 50% of the graduates are earning $3,350 or less, the mean gross monthly salary is about $3,727. This indicates that there are some high earners who have raised the mean salary. In contrast, the mean gross monthly salary of Bioengineering graduates is relatively similar to the median gross monthly salary. This indicates that salaries are more evenly distributed on both sides of the median for this group of graduates.
2. What do the 25th and 75th percentile gross monthly salaries indicate?
If there are 100 students from that course who responded, then the 25th percentile (i.e. the lower quartile) gross monthly salary indicates that 75 graduates earn more than that salary, and the 75th percentile (i.e. the upper quartile) indicates that 25 graduates earn more than the gross monthly salary indicated.
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